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Author Topic: Digital Currency Take Over  (Read 3050 times)
noah tall
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June 23, 2018, 03:48:33 PM
 #201

Digital Currency Take Over Smiley
I will not say that digital currency has taken over the normal regular currencies yet. However, there is no way that we can doubt this thing that the digital currencies are taking lead over the regular currencies in so many ways and that now the interest of the people is greatly changing in a way they are more interested in knowing about the crypto currencies and that they are also investing their money into different coins.
Yeah digital currency will take over in the near future because the world is turning towards digital currency and in the future all other currencies, fiat and paper will be eliminated and only digital currency will be used all over the world. From barter system we reached to digital currency. With the use of digital currency purchasing and payments will be easier.

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June 23, 2018, 08:25:05 PM
 #202

Digital Currency Take Over Smiley
I will not say that digital currency has taken over the normal regular currencies yet. However, there is no way that we can doubt this thing that the digital currencies are taking lead over the regular currencies in so many ways and that now the interest of the people is greatly changing in a way they are more interested in knowing about the crypto currencies and that they are also investing their money into different coins.
Yeah digital currency will take over in the near future because the world is turning towards digital currency and in the future all other currencies, fiat and paper will be eliminated and only digital currency will be used all over the world. From barter system we reached to digital currency. With the use of digital currency purchasing and payments will be easier.
I do agree with you as we are not loving in the world of digital currency where we need it the most, for making our economy well and good, now a day price of bitcoin is getting high so people are taking keen interest in digital currency, for buying goods, for paying bills and having an established business as well, so bitcoin is getting higher value than fait money all over the world.
noah tall
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June 25, 2018, 02:29:06 PM
 #203

Digital Currency Take Over Smiley
Digital currency will take over the market but it will take long time, because it needs to reach in small towns in the world. When more and more people come to know about crypto and they realize the importance of crypto, they will invest in it, otherwise they will never accept crypto for their investment. The future is of digital currency but not in the near future.

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June 26, 2018, 05:43:03 PM
 #204

Digital Currency Take Over Smiley
Digital currency will take over the market but it will take long time, because it needs to reach in small towns in the world. When more and more people come to know about crypto and they realize the importance of crypto, they will invest in it, otherwise they will never accept crypto for their investment. The future is of digital currency but not in the near future.

No town is now smaller mate as now we are living in modern age where everything is really progressive and well developed, I think now we will soon see bitcoin famous all over the world, every village every town has internet access in my place so people are taking advantages of new technologies and using bitcoin as payment and purchasing goods online, on the other hand people are earning good amount of money so after having such amazing advantages from bitcoin people are forgetting about fiat and regular currency.

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SergeyGvo
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June 26, 2018, 08:17:39 PM
 #205

Now one of the main arguments in favor of the "bubble burst" are low volumes on crypto-exchanges. And I completely agree with the fact that the volumes are really low and until the volumes increase, we will not go up.
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June 26, 2018, 11:42:36 PM
 #206

Somehow, you got a point! Digital currency is known to day as a good way of holding your asset. cashless society, is where we heading to! I would like to emphasize that we already have digital currency in our market system. Credit cards/ATM and so many other digital asset that consider to have a value in the market place..
Crypto currency is also consider a digital asset but its far beyond to take over the current system that we have today. There are still issues that needs to be address before it could rule the economy.
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June 30, 2018, 07:50:51 AM
 #207

Now one of the main arguments in favor of the "bubble burst" are low volumes on crypto-exchanges. And I completely agree with the fact that the volumes are really low and until the volumes increase, we will not go up.
Yeah it is to be done because we are exchanging from barter system to paper currency and now this innovation will take place and nothing will stop it as many people say that it will never happen, but I say that it will happen and we will see that the whole world will use just one digital currency and that will be bitcoin, but it will take a long time as well.
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June 30, 2018, 05:53:22 PM
 #208

Yes digital currency has take over the world now but let me tell you that most people in the world have not no much about the digital currency. Where let us use all what we have to make more information available to people about cryptocurrency world. The cryptosystem is now getting better.
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July 01, 2018, 03:25:18 AM
 #209

Somehow, you got a point! Digital currency is known to day as a good way of holding your asset. cashless society, is where we heading to! I would like to emphasize that we already have digital currency in our market system. Credit cards/ATM and so many other digital asset that consider to have a value in the market place..
Crypto currency is also consider a digital asset but its far beyond to take over the current system that we have today. There are still issues that needs to be address before it could rule the economy.

Most money today is just a bunch numbers in a computer and not actual physical money so cryptocurrencies do not have to convince people to go digital since they already did long time ago, now the only thing we need is for the people to understand the concept of cryptocurrencies and accept the fact that cryptocurrencies are way better than the fiat they are using, it is going to take a lot of time but it will eventually happen.
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July 02, 2018, 06:33:22 PM
 #210

Now one of the main arguments in favor of the "bubble burst" are low volumes on crypto-exchanges. And I completely agree with the fact that the volumes are really low and until the volumes increase, we will not go up.
Yeah it is to be done because we are exchanging from barter system to paper currency and now this innovation will take place and nothing will stop it as many people say that it will never happen, but I say that it will happen and we will see that the whole world will use just one digital currency and that will be bitcoin, but it will take a long time as well.
Same as you I really think that it will surely happen, because now in whole world demand for crypto currency is increasing, each and every country is agree to make it legal because people of country are using bitcoin without any fear of government actions, people have now good ideas of generating money from it, bitcoin is openly acceptable in every market and every shopping malls, so gradually need of fait is getting vanish because digital currency is taking place because of fast and easy digital system in every public places.
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July 03, 2018, 02:59:06 PM
 #211

Digital currency is now the order of the day. However,  many people are now aware of the digital currency but little if them make use of it. I want to employ people they should make awareness to the people. If this done every time the world of crypto will become large and great. 
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July 03, 2018, 04:58:36 PM
 #212

As we can see now everyone/every developed nation is moving towards digital currency. In your opinion how much time is required for digital currency to take over the current/existing market or it is impossible that digitisation will never be successful. If yes what are those factors ? In my opinion those countries which are not accepting digital currency, are doing wrong. They are only thinking about the tax. They are saying that we will not get any tax and digital currencies are fake. Fraud is very easy in digital world (that is true but it also happen in every market). Although when someone is doing business in digital currency then that person is bringing money to country that is beneficial for the country...
Your every point in favour of the cryptocurrency is right , but here a big factor that I think is the point view of understanding about the digital currency .
Most of the people in this world are happy with their routine work and they don't want change that works and they want continue to work like that  so here I don't think that they will see digital currency as a better option in Thier life , they will only go with the Fiat currency system .
So a type of understanding will not make them in favour of the cryptocurrency , even if they know very well that how much they can make and what they can achieve in Thier life .
So better for us to show our power that what we can do with the cryptocurrency and make use of cryptourrency as much as possible in our daily life to.give a better place to the cryptocurrency in our life .
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July 04, 2018, 01:30:38 AM
 #213

Digital currency is gradually getting more adoption I should say. However, if you mean it totally taking over the market and wiping out other forms of transaction then that would be extreme. Consider the underdeveloped countries, the illiterates and name them. If everything suddenly goes digital, how do they survive?
I think it will require a process for switching to digital currency, we know that not everyone is using gadgets and internet today, of course, digital currency can not be implemented directly, digital currency will surely take over, but it will take time and a long process...
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July 05, 2018, 08:30:44 PM
 #214

As we can see now everyone/every developed nation is moving towards digital currency. In your opinion how much time is required for digital currency to take over the current/existing market or it is impossible that digitisation will never be successful. If yes what are those factors ? In my opinion those countries which are not accepting digital currency, are doing wrong. They are only thinking about the tax. They are saying that we will not get any tax and digital currencies are fake. Fraud is very easy in digital world (that is true but it also happen in every market). Although when someone is doing business in digital currency then that person is bringing money to country that is beneficial for the country...
Your every point in favour of the cryptocurrency is right , but here a big factor that I think is the point view of understanding about the digital currency .
Most of the people in this world are happy with their routine work and they don't want change that works and they want continue to work like that  so here I don't think that they will see digital currency as a better option in Thier life , they will only go with the Fiat currency system .
So a type of understanding will not make them in favour of the cryptocurrency , even if they know very well that how much they can make and what they can achieve in Thier life .
So better for us to show our power that what we can do with the cryptocurrency and make use of cryptourrency as much as possible in our daily life to.give a better place to the cryptocurrency in our life .
This is true, people are lazy they are not going to adopt cryptocurrencies unless they have to, many people resisted to use computers and the internet at first because they had a way of doing things already established and it was not until the advantages were very clear they had to change their ways, so I really think we are going to need a crisis so we can see the adoption to grow considerably, this will be similar to what happened to those that lived through the great depression and that never trusted in banks ever again.
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July 06, 2018, 02:24:19 PM
 #215

Digital currency take over no not yet the World have not really know much about the new world of digital currency. Also, many of this digital currency or token have not be make use of the way the team member plain it. However, if this still remain the same in digital world or better put in cryptosystem it means that little people still know this new world. To know this new world of digital currency better we both have a lot of work to do. The world of digital currency is getting better.
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July 07, 2018, 12:29:41 AM
 #216

Digital currency take over no not yet the World have not really know much about the new world of digital currency. Also, many of this digital currency or token have not be make use of the way the team member plain it. However, if this still remain the same in digital world or better put in cryptosystem it means that little people still know this new world. To know this new world of digital currency better we both have a lot of work to do. The world of digital currency is getting better.
Well I think it is not true now crypto currency is famous enough all over the work, almost everyone knows how to make good profit, bitcoin is at high demand everyone is trying to make is legal in their country and they want to benefit their people from it, bitcoin is taking over the world because every market every school and every university is ready to accept the payment is form of bitcoin, there is nothing to be worry about just keep calm bitcoin is going to be global currency soon,
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July 07, 2018, 12:47:35 AM
 #217

Digital currency is gradually getting more adoption I should say. However, if you mean it totally taking over the market and wiping out other forms of transaction then that would be extreme. Consider the underdeveloped countries, the illiterates and name them. If everything suddenly goes digital, how do they survive?
I think it will require a process for switching to digital currency, we know that not everyone is using gadgets and internet today, of course, digital currency can not be implemented directly, digital currency will surely take over, but it will take time and a long process...
Fiat money will stay even digital currency becomes stronger in the future because fiat money is much more easy to use very liquid and of course this represents one nation. I think digital currency will just be a great alternative to transact online aside from credit cards.
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July 07, 2018, 03:59:44 AM
 #218

Fiat money will stay even digital currency becomes stronger in the future because fiat money is much more easy to use very liquid and of course this represents one nation. I think digital currency will just be a great alternative to transact online aside from credit cards.

They would co-exist and we will have many choices then of how we would pay if it would be cryptocurrency or fiat. If we think about it, cryptocurrency is just like paying through credit card/debit card because there is no physical money involve. It wouldn't be able to eliminate physical money though because it would be hard for the people who have no access to technology to transact if they don't know anything about it and they can't even use it. Electricity would need to be solve first before the legal tender would be taken over.

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July 07, 2018, 12:11:30 PM
 #219

Its only a matter of time before the digital currency fully take over the market because were in the modern era now.  Cheesy Cheesy
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July 07, 2018, 03:04:04 PM
 #220

Yes, indeed, countries that do not accept digital currencies are doing wrong. They want to get taxes. But they don't receive them anyway. Because all the same in their countries cryptocurrencies are present only illegally. But still, I think that digital currencies can't completely replace fiat money. They will exist on an equal basis.
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