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ocid
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July 15, 2018, 02:22:24 AM |
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the digital currency has been recognized by most countries because it is a modern technological advance, but its function is still not approved by some countries as a means of legitimate payment transactions for fear that citizens prefer digital currency as payment transactions than the existing currency. as long as legalization can not be given by most countries then digital currency will not take over the official currency position in each country.
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Meowth05
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★777Coin.com★ Fun BTC Casino!
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July 15, 2018, 05:24:20 AM |
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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...
I think its hard for digital currency to take over because all the areas in the countries are fully spreaded with internet connections and aside from that the systems of many stores and establishment are not yet ready. It is modern age and I have never heard about any such place where internet is hard to access so I really think bitcoin or digital currency will take over, I recently saw a post by a person who was saying that he use to live in back ward village but still bitcoin is being use source of payment over there so, I think it is not so far when we will be able to see digital system of payment in every corner of the world. Indeed, internet is so effiecient in this era hence the accessing crypto is not a problem however, the things is there are still some places in this world has lack of tools or medium to access this crypto. It'll take times for bitcoin to be used throughout the world yet, I don't think so that this crypto could take over fiat because it is very impossible to happen, maybe it'll just become an alternative mode of payment. |
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fordsons
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July 17, 2018, 08:55:06 AM |
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I don't believe that bitcoin take over. World becoming closer to closer due to modernize.one day people don't to buy,sell, shopping, marketing with paper money .so they show their egarity towards online currency.
You should believe in this reality because now bitcoin has gain the attention of almost 99% of population, because now we are living in the digital age where we will need bitcoin the most, it makes double of profit such as we can buy goods and we can enjoy easy and cheap online shopping, gradually people are being interested in digital currency and forgetting about fiat, because it will only buy you goods but using digital currency will help you have extra money along with purchasing. People will use digital currency in the future. What does it mean? It means that in the future digital currency will take over the market in the coming days. The whole will use digital currency for their shopping even in their local markets. I am very sure that the future is that of digital currency and all currencies paper or fiat will disappear from the market. |
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vickybitcoin
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July 17, 2018, 03:39:03 PM |
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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...
This is this might be the greatest invention of our century and with the technology that we have right now it will have a big possiblity to take over the current fiat money. |
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weiweianll
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July 17, 2018, 11:30:56 PM |
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There are still some problems with the supervision of cryptocurrencies!
When some countries study more detailed regulatory measures, the cryptocurrency will be completely pushed to the market and the legal currency will certainly maintain the financial order of the market!
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faza13
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July 18, 2018, 01:28:45 AM |
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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
it will not take so long time, maybe we just need 3-5 years later,because internet can make everything faster. or it is impossible that digitisation will never be successful.
If yes what are those factors ?
no it is not impossible, I think people power is more powerfull than goverment power, just see how Crypto can makes world change everything 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...
I agree with this. Many countries have to accept Crypto revolution,and thet must think about the best solution to regulate it, in hope not losting the Tax and protecting the citizens |
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Cordwel
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July 18, 2018, 01:47:37 AM |
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nowadays the internet is very efficient in accessing crypto becomes very easy, but there are still some places in the world that lack the tools or means to access the internet is difficult enough, It will take time for bitcoin to be used worldwide,.
People will use digital currency in the future. Future digital currencies will take over the market in the next few years. All will use digital currency for their market activity, I firmly believe that the future is a digital currency, even if paper currency or fiat will still be exist
anyway there are still some problems with the supervision of cryptocurrency!
When some countries learn more detailed regulatory steps, cryptocurrency will be fully driven into the market and the currency of the law will definitely maintain the financial order of the market!
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arumslee
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July 18, 2018, 05:01:22 AM |
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Digital currency is the future. Take for example Estonia--they are attempting to create their own coin and standardize it in their country.
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himtater87
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July 18, 2018, 08:34:17 AM |
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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...
Well, like you said, there are countries that doesn’t support Bitcoin cause of several reasons… so do you think it can go that far when there are more opposing sides?, 🤔I’m saying this cause I don’t think so. Bitcoin (cryptocurrencies) will make progress but not to the extent you’re looking at, I just believe that everything will be balanced in the market. Maybe time will come when some of the countries that are against the use of cryptocurrency will learn to accept but not without terms and conditions. Whatever happens, just hope it’s for the better. Yeah the main point is that people are turning towards digital currency and crypto is one type of digital currency and bitcoin is the leading crypto in the world. It means that people will use only bitcoin in the future. In these days many people are using bitcoin for online shopping. Therefore it is obvious that bitcoin will take over the currency market in the future. |
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Kirito-kun
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https://streamies.io/
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July 18, 2018, 10:07:09 AM |
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Just like the internet came back then, Digitalization of the world is coming and nothing will be done to stop it
Indeed, we cannot stop innovation because it is inevitable. Just like internet, digital currency will become powerful that can be one of the way to make a payment for any kind of transaction but I don't think so that it will overtake fiat because, fiat is still more efficient yet preferrable of people. Therefore, digital currency can only be as an alternative for fiat transaction. |
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Bitcotalk
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July 18, 2018, 11:23:37 AM |
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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...
Bitcoin is taking over but not in everything, it’s only taking over in the areas where it is meant to. It is a better way for making transactions and one of the best options when we talk about investment. Bitcoin was the first investment I ever made, and it proved to be reliable, despite a few losses which I was also able to recover plus the huge profits I made. Bitcoin is indeed one of the best decisions I ever made. |
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NeeNts
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July 18, 2018, 12:00:21 PM |
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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...
I think its hard for digital currency to take over because all the areas in the countries are fully spreaded with internet connections and aside from that the systems of many stores and establishment are not yet ready. It is modern age and I have never heard about any such place where internet is hard to access so I really think bitcoin or digital currency will take over, I recently saw a post by a person who was saying that he use to live in back ward village but still bitcoin is being use source of payment over there so, I think it is not so far when we will be able to see digital system of payment in every corner of the world. Indeed, internet is so effiecient in this era hence the accessing crypto is not a problem however, the things is there are still some places in this world has lack of tools or medium to access this crypto. It'll take times for bitcoin to be used throughout the world yet, I don't think so that this crypto could take over fiat because it is very impossible to happen, maybe it'll just become an alternative mode of payment. You are thinking it because you have no idea of the coming era. Just think 30 years ago, who could think of cellular phone but today everyone are using it. Just like that today we cannot imagine the coming situation of currency market but the future will show us that digital currency take over the market and the whole world is using just one currency for their daily needs. |
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MarchToke
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July 18, 2018, 11:34:44 PM |
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The advent of digital currency is really making a buzz in the internet and into people's lives. Following satoshi's goal of making bitcoin as the medium of payment alternative to paper money, it is facing a barrier which i think is really hard for bitcoin to fulfill its goal. You know, bitcoin and crypto can't be use offline so i think that's the biggest barrier that might spoil its goal.
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Mastsetad
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July 19, 2018, 06:06:15 AM |
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Digital Currency Take Over  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. Yeah of course digital currency will take over the market in the future. It is fact that it will take a long time because many people do not know even the name of crypto and digital currency how they can invest in it in this day? We will have to wait until all the people in the world come to know about cryptocurrency and invest their local money in it. |
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jojowar
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July 19, 2018, 08:47:44 AM |
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Digital currency will not take over but it will be added in the circulation like fiat as a mode of payment. Many countries now embraced the blockchain technology because of its advantage to the economy especially on financial aspect.
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entrepmind23
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July 19, 2018, 12:45:34 PM |
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Digital currency will not take over but it will be added in the circulation like fiat as a mode of payment. Many countries now embraced the blockchain technology because of its advantage to the economy especially on financial aspect.
I agree regarding not taking over of the digital currency but would become one of the payment option because more merchants would accept cryptocurrency and more people would adopt it. It may happen suddenly but slowly, we can see that more people are getting aware of the existence of it. The advent of digital currency is really making a buzz in the internet and into people's lives. Following satoshi's goal of making bitcoin as the medium of payment alternative to paper money, it is facing a barrier which i think is really hard for bitcoin to fulfill its goal. You know, bitcoin and crypto can't be use offline so i think that's the biggest barrier that might spoil its goal.
There would be a solution to this like how SMS is use. People would be able to use cryptocurrency without the need to use the internet but through SMS. I saw an ICO that has this goal of making it possible for people to use it without the need of accessing the internet. |
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fxcryptotrader
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July 19, 2018, 04:42:18 PM |
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Digital currencies are a serious threat to old banking.This is the reason we see lots of fud in digital currencies market.It is not easy to replace the existing system but surely ,sooner or later ,digital currencies will take over overall economy.
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milewilda
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July 19, 2018, 07:43:22 PM |
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Digital currency will not take over but it will be added in the circulation like fiat as a mode of payment. Many countries now embraced the blockchain technology because of its advantage to the economy especially on financial aspect.
I agree regarding not taking over of the digital currency but would become one of the payment option because more merchants would accept cryptocurrency and more people would adopt it. It may happen suddenly but slowly, we can see that more people are getting aware of the existence of it. The advent of digital currency is really making a buzz in the internet and into people's lives. Following satoshi's goal of making bitcoin as the medium of payment alternative to paper money, it is facing a barrier which i think is really hard for bitcoin to fulfill its goal. You know, bitcoin and crypto can't be use offline so i think that's the biggest barrier that might spoil its goal.
There would be a solution to this like how SMS is use. People would be able to use cryptocurrency without the need to use the internet but through SMS. I saw an ICO that has this goal of making it possible for people to use it without the need of accessing the internet. Everything would takes time which cryptocurrency would be gradually adopted on our daily living just like on using up local fiat but it would really just stay on that area and i cant really see the possibility that it would go above local fiats because no government will really let this thing to happen.Crypto will be just good as an another option or alternative but wont really come to a point where it would take over. This would still lead up into severe debates and argumentation's if someone tried to push it up. |
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myown2cents
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July 20, 2018, 10:27:30 AM |
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the digital currency has been recognized by most countries because it is a modern technological advance, but its function is still not approved by some countries as a means of legitimate payment transactions for fear that citizens prefer digital currency as payment transactions than the existing currency. as long as legalization can not be given by most countries then digital currency will not take over the official currency position in each country.
Yeah it is a fact the future is that of cryptocurrency and in the future it will take over the market. All other currencies will disappear from the market and only bitcoin will prevail in the whole world. The world is turning towards digital currency and bitcoin is the leading digital currency in the list. No doubt it will take long time but finally it will cover the market. |
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Fantastic33
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July 20, 2018, 11:45:54 PM |
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Many countries are open on using digital currency as a mode of payment within their government but with some restrictions, and most of its use is only limited and does not apply to all. Like here in philippines, there are people engage in btc, and most of them are students and young adults. However, its not recognized by business owners because they are not aware of it or maybe because they are afraid to try due to the bad news that they saw or heard from the television. Additionally, there are few countries who banned crypto exchanges within their government. Common reason is that they wanted to avoid illegal transactions or to protect the public on the risk that can be brought by other cryptos. There are few cryptos that are not legit or scam, just like the news that i saw on tv last january or feb (dont know the exact month). But on the news it says that most filipinos invested on that crypto then they found out that it was just a scam.
So on my opinion, i think digital currencies will not take over the economy. Besides, the government will not allow it to happen because it will make a lot of changes in our economic system. Digital currency is different from fiat. Digital currency will only be another form of currency (electronically) which is an alternative to fiat.
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