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Author Topic: can u explain why bitcoin can be a future currency?  (Read 392 times)
bawa_23
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June 26, 2018, 12:46:25 PM
 #21

Bitcoin in not future currency, it is a currency and is used in some countries, but some countries doesn’t legitimate it but soon it will be the main currency of Trade. Bitcoin transaction is easy to made and simpler. As we are going digital new technologies are invading, so digital currency is only the future currency. Also many Altcoins have good future.
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TomCarpenter
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June 26, 2018, 09:50:46 PM
 #22

Bitcoin is the first crypto currency in market of crypto currency. It has proved its capability over the years and it has provided a good amount of capital to the investors. Still investors are getting profit. It is the market leader and accepted by different governmental organizations and business organizations.
zebrabounties
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June 26, 2018, 09:57:16 PM
 #23

Bitcoin is removing all the intermediates between part a and part b when making a transactions and the normal fee of the transaction compared to the bitcoin is so much higher, and it is public, so bitcoin and other alt-coins are decentralized.
ningo
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June 26, 2018, 10:01:25 PM
 #24

Well now every society in any corner of the world is involved in ecurrency transactions daily and many people are loving because it is fast and convenient preventing long queues .So the digital currency idea is well established so with time cryptocurrency will become accepted worldwide and we shall have the era of bitcoin.
nawosecad68
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June 26, 2018, 10:11:00 PM
 #25

because bitcoin system was so protective and people in all country starting investment everyday, it makes bitcoin can survive from extinct
I think bitcoin will be a means of payment in the future because it can simplify all transactions with coverage of the world. However, it is too optimistic to say bitcoin is the primary means of payment, because anyway paper or fiat will remain the main ones.
Zooplus
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June 26, 2018, 10:24:38 PM
 #26

because bitcoin system was so protective and people in all country starting investment everyday, it makes bitcoin can survive from extinct
I think bitcoin will be a means of payment in the future because it can simplify all transactions with coverage of the world. However, it is too optimistic to say bitcoin is the primary means of payment, because anyway paper or fiat will remain the main ones.
Yes.Bitcoin cannot compete totally from fiat currency since majority of the people in the world are still into using fiat.But looking bitcoin's advantages,having the first decentralized currency and the most efficient,fast and trusted digital currency by the people,then hopefully it will considered a global currency in the future.
Encelad
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June 26, 2018, 10:34:58 PM
 #27

Most of the bitcoin coins belong to whales. Vrjat whether in bitcoin in the future there will be several destinations. Bitcoin will continue to act as the flagship of the industry. Bitcoin is the guarantor of investment, as once gold. And in the future there will be more perfect currencies, not having drawbacks, but having all the positive sides.
rachman mahesa
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June 26, 2018, 10:45:06 PM
 #28

Because bitcoin is one of cryptocurrency that many people know about it and bitcoin is also the current crypto king. Bitcoin is also widely used for payment. Therefore bitcoin is the cryptocurrency of the future and today.
yanto@1977
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June 26, 2018, 10:50:48 PM
 #29

because bitcoin system was so protective and people in all country starting investment everyday, it makes bitcoin can survive from extinct

Bitcoin can't replacement currency but the technology can ( blockchain ). Currency is legal financial instrumentand every country will protect it from any product that can give negative impact into it. But blockchain technology can use to support financial activity, more fast, secure and transparent. Bitcoin is more like commodities ( gold ), see the pattern, product history and value you'll see there's no different there.

ASHLIUSZ
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June 26, 2018, 10:54:16 PM
 #30

Even now it is getting used as a currency. Among the entire circulation of bitcoin, majority of the volume falls under the usage as a transaction source or a currency. Next is the gambling industry which in the past has been making the largest contribution on the entire volume of bitcoin into circulation.
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June 26, 2018, 11:19:52 PM
 #31

because bitcoin system was so protective and people in all country starting investment everyday, it makes bitcoin can survive from extinct
that's what's possible until now is very difficult for us to predict about the price rises to how certain no one will know it, and though not everyone is investing in bitcoin, but many people are investing in it, because they have the idea that bitcoin will be able to give they are huge profits, and the more people who will invest the bitcoin will again grow again.

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June 27, 2018, 04:03:38 AM
 #32

because bitcoin system was so protective and people in all country starting investment everyday, it makes bitcoin can survive from extinct

It doesn't have to be bitcoin, i think the question should be why blockchain tech implementation can be used as a future currency ? . It is because it is possible to have a peer to peer transaction, fast, trustless, secure. That's it.

pistachefreak
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June 27, 2018, 04:12:01 AM
 #33

Think of everything that's happening now as negotiating the value of Bitcoin. The world doesn't quite know what this thing is yet, and as it's adopted, the market recognizes the value.

By the time we're using it as a widely adopted currency, there will be stabilization. Thinking of it as an alternative currency and not an investment is a state of mind at the moment, and a good one to have. But at the moment we're riding the wave of the world slowly catching on to BTC. The exponential growth and dramatic fluctuation has an end point.

We just don't know when that end point is. And in the meantime, the road there is making a lot of people a lot of money.
mika1977
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June 27, 2018, 04:15:31 AM
 #34

Satoshi Nakamoto explained that when there's the Internet, you need the money for the Internet. Today, the world is not represented without the Internet, respectively, the growth and increase in the importance of the coin are inevitable
camryku
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June 27, 2018, 04:16:41 AM
 #35

because bitcoin system was so protective and people in all country starting investment everyday, it makes bitcoin can survive from extinct
Because I know Bitcoin is the first digital currency in the world and so Bitcoin is also famous worldwide and has been approved by several countries so bitcoin can be a good future currency and can be profitable
PsylockReborn
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June 27, 2018, 04:24:26 AM
 #36

because bitcoin system was so protective and people in all country starting investment everyday, it makes bitcoin can survive from extinct

As of today I see bitcoin as an investment vehicle and not used as a currency. In the near future, since we are moving into the digital world and advanced technologies, when bitcoin's value becomes stable and less volatile then that's the perfect time for most of us to use it as an official currency that can be adopted by both public and private business sectors. We just have to wait what the future may bring with this awesome technology.
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June 27, 2018, 04:43:41 AM
 #37

because bitcoin system was so protective and people in all country starting investment everyday, it makes bitcoin can survive from extinct
Bitcoin can potentially be our future currency because it is more convenient and can further innovate to make peoples lives easier to transact bills, store money, etc. Although there are some prerequisites that is needed if bitcoin will permanently replace our physical fiat and some examples are the internet or offline portable storage of cryptos, identity confirmation that is programmed in the portable wallet for tight security, and other safety security measurements that is needed for tight security. Basically it is a lot of work to create all these essential things for bitcoin to be able to be our permanent currency. But it is possible and might happen in the near future. Bitcoin is also very volatile which makes forex trading much more exciting and profitable, there are also plenty of options to trade from such as altcoins. As time pass by our virtual innovations will be made and many will rely on digital currency to be able to use some services that require cryptos in payment.

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Fakeer 666
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June 27, 2018, 04:56:48 AM
 #38

Explain elumentarily. Bitcoin is the money that, when manufactured, there is nothing to stand for, and material costs require large expenditures. Matrices, special paper. This is one of the positive aspects, which affects the convenience of handling bitcoin. Another thing is that he is completely electronic.
Re.won14
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June 27, 2018, 04:59:48 AM
 #39

I don't see this coin being the future currency for several reasons. Until now crypto is still not stable second is that btc will reach its limit so that can't be use simply because someone could hold the coin and end up cutting the circulation.
mjvilla
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June 27, 2018, 05:09:52 AM
 #40

I don't see this coin being the future currency for several reasons. Until now crypto is still not stable second is that btc will reach its limit so that can't be use simply because someone could hold the coin and end up cutting the circulation.

Base on how does its performance made it for a real wuick and how it become popular to every investors could totally brought this coin as a future currency. It is not the 100 percent sure that it will the future currency but as it continues to rise and become popular then there will be a big chance for it to become. As well as if it become stable soon.
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