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Author Topic: Bitcoin will be the future of money  (Read 1307 times)
andrewcrypt
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June 15, 2018, 01:46:32 PM
 #1

Many countries now adopting methods to legalize bitcoin to charge taxes from the operations. At present everyone is not making payments through bitcoins, the main purpose is investing and trading. Hopefully every country will accept bitcoin in the near future.
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June 16, 2018, 12:22:01 PM
 #2

If all countries accept bitcoin as legal then bitcoin is also accepted as one payment method. So bitcoin has a bright future of money. Now people are using bitcoin only for investments and trading. Most of the shops wont accept bitcoin as payment. If it is legal in all countries and accept by world wide surely bitcoin will be the future of money. Hope soon all countries accept bitcoin as legal.

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June 17, 2018, 05:01:50 AM
 #3

Yes sure bitcoin will be the future of money. Because now bitcoin is famous all over the world. Due to its popularity many people now invest in bitcoin to earn more money in short time. So people bitcoin as good investment rather than other investment. Once it is accept by all countries and announced as legal means in future bitcoin also use as one of the payment method in all fields. So in future bitcoin will be the future of money.

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June 17, 2018, 08:16:37 AM
 #4

Many countries now adopting methods to legalize bitcoin to charge taxes from the operations. At present everyone is not making payments through bitcoins, the main purpose is investing and trading. Hopefully every country will accept bitcoin in the near future.

Many countries had start to accept bitcoin as asset and one of the payment.And this is the main reason for increases in investors.When the bitcoin is introduced it was not known buy all the people.When the price of bitcoin reached 19,000$,it created many millionaires and this gives huge spread out of bitcoin knowledge .
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June 17, 2018, 08:17:58 AM
 #5

Bitcoin will make its way to be recognized around the world and every country will regulate this thing for good. We see a bright future with this technology and I know this is gonna happen. Bitcoin will be great in the future and right now we already enjoying its technology with a help of blockchain, I know more good things will happen along this journey towards greater future.

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June 17, 2018, 09:41:32 AM
 #6

Bitcoin will NOT turn into money because bitcoin more like an asset just like gold.

Remember , something that able categorize as money , must have stable value meanwhile bitcoin still volatile so it's difficult consider as legal money.

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June 17, 2018, 10:11:32 AM
 #7

Bitcoin will NOT turn into money because bitcoin more like an asset just like gold.

Remember , something that able categorize as money , must have stable value meanwhile bitcoin still volatile so it's difficult consider as legal money.
Where did you see stable money? They are also constantly changing their value. There is even a currency exchange. All Fiat are subject to inflation. The cost of their constantly declines. There are no stable assets in the world. Fiat's stability is achieved by manual regulation, but it periodically leads to global crises.
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June 17, 2018, 01:42:06 PM
 #8

The reason for such acceptance so far as to countries trying to come up with means to legalize it is that virtually every citizen wants a kind of secrecy in transaction. The anonymity is a big advantage. I guess from this thread https://bitcointalk.org/index.php?topic=4449627.0

The latest of country adopting now is Ukraine .

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June 17, 2018, 04:41:27 PM
 #9

Bitcoin will NOT turn into money because bitcoin more like an asset just like gold.

Remember , something that able categorize as money , must have stable value meanwhile bitcoin still volatile so it's difficult consider as legal money.
Where did you see stable money? They are also constantly changing their value. There is even a currency exchange. All Fiat are subject to inflation. The cost of their constantly declines. There are no stable assets in the world. Fiat's stability is achieved by manual regulation, but it periodically leads to global crises.
It is even a question of relative stability, such as has its fiat. If bitcoin will have about the same stability as fiat, then, perhaps, it can be used as a means of payment, that is, as digital money. However, with the current bitcoin volatility, it is very difficult to use it as digital money. Many business structures first with enthusiasm began to switch to calculations in bitcoin, but then abandoned it precisely because of the price instability of bitcoin.

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June 17, 2018, 04:59:39 PM
 #10

Many countries now adopting methods to legalize bitcoin to charge taxes from the operations. At present everyone is not making payments through bitcoins, the main purpose is investing and trading. Hopefully every country will accept bitcoin in the near future.
Yes it will, time to time each country will adopt and accept what bitcoin is. But as what you have said in your title that bitcoin will be a future money I think that is possible happen because of highly volatile the price was not steady at the range you could not state what the real value is so that is possible happen( that was my thought ).
Maybe bitcoin is good profit when we talk trading and investing that was the best asset, in short it was intended for good profit or we can considered as a poverty.

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June 17, 2018, 06:20:48 PM
 #11

In my opinion crypto altogether is quite likely to be widely accepted or partly accepted in many countries though not all of them in the near future but it is not guaranteed that Bitcoin per say will be part of that crypto adaptation as this is simply dependent on the market and how opinions of high value holders change and of course the entire infrastructure behind it.

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June 18, 2018, 03:05:25 PM
 #12

Many countries now adopting methods to legalize bitcoin to charge taxes from the operations. At present everyone is not making payments through bitcoins, the main purpose is investing and trading. Hopefully every country will accept bitcoin in the near future.

There is difference in having the potential to be and being that thing. Just like everybody have the potential to be successful but we all know that not everybody will be successful because aside for the basic innate ability that we all have that makes all individuals equal and be regarded as human beings, there are still several factors that are at play that go a long way in determining who will be a success and those who will turn out to be a failure.

In the case of bitcoin, yes looking at it the potential is there but the forces to make it so are much more important and those are the things we tend to ignore when making pronouncements such as this. Questions such as When is that future? If we are insisting on tomorrow, it will never finish and if the future does not come, it means bitcoin can be it. So, as we express high optimism about of convictions we should not be unmindful of the challenges that abound.

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June 18, 2018, 08:28:58 PM
 #13

Many countries now adopting methods to legalize bitcoin to charge taxes from the operations. At present everyone is not making payments through bitcoins, the main purpose is investing and trading. Hopefully every country will accept bitcoin in the near future.
I dont know if this list is updated but i would give you out merchants that do accept bitcoin into their businesses.Take a look on here:

https://unblock.net/companies-that-accept-bitcoin/

Bitcoin would just still stay up to be an another payment option for services and businesses but it wont really come to a point to be our future money as long fiat currencies do exist.
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June 19, 2018, 12:18:16 AM
 #14

Many countries now adopting methods to legalize bitcoin to charge taxes from the operations. At present everyone is not making payments through bitcoins, the main purpose is investing and trading. Hopefully every country will accept bitcoin in the near future.

But many countries is strong opposing it as well. So yes it could be the future of money but it will take a long time before we can see it fully adopted by so many countries because of regulations and outright banning. What I wanted to see is that bitcoin could be used as payment method, which was the original vision of Satoshi, But right now only few merchants are accepting it so for me we are not there yet, need someone very big to really adopt it and then lets hope that other merchants will follow.

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June 19, 2018, 01:11:29 AM
 #15

Bitcoin will be the future of money, this is very true because we know now the development of btc rife in talking, although still some countries that have not admitted btc as a means of payment, so if we invest from now I am sure 2020 we will become rich just by buying btc, as many people predict the btc price could reach $ 125,000 by 2020

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June 19, 2018, 01:18:06 AM
 #16

yes, of course bitcoin is also a good future that we use, because bitcoin also promises everyone with a good way to use, so we will more easily get a profit in the long term and short.
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June 19, 2018, 01:38:58 AM
 #17

Many countries accepted bitcoin as legal in their country. They may charge taxes and it can be used as currency there. It may be used in any transaction there.
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June 19, 2018, 02:00:44 AM
 #18

It is true that bitcoin might be the future for making money. I hope many people will be open minded about handling and making money in bitcoin and other cryptocurrencies. I hope many countries will support and make it legal. Keep it up.
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June 19, 2018, 10:07:25 AM
 #19

Bitcoin will be the future of money, this is very true because we know now the development of btc rife in talking, although still some countries that have not admitted btc as a means of payment, so if we invest from now I am sure 2020 we will become rich just by buying btc, as many people predict the btc price could reach $ 125,000 by 2020

I don't doubt prediction but 2020 is rather a close time frame to get to such price, they are all speculation even though speculations sometimes come out real.

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June 19, 2018, 10:48:44 AM
 #20

Many countries now adopting methods to legalize bitcoin to charge taxes from the operations. At present everyone is not making payments through bitcoins, the main purpose is investing and trading. Hopefully every country will accept bitcoin in the near future.
You can forget about it. Every country will never accept bitcoin. Governments only pretend that they are ready to go on the path of legalization. In fact, they want to have taxes on cryptocurrency users and are looking for methods to combat the spread of cryptocurrencies. I think that we will have to fight for the right to use cryptocurrency.
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