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Author Topic: When you think of currency what will come to your mind?  (Read 3865 times)
polyballz
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August 21, 2018, 04:04:06 PM
 #481

The International Monetary Fund (IMF) just recently posted a picture that shows the evolution of money that people have used since the beginning of human civilization. Will IMF consider Bitcoin as a new currency?



This picture makes perfect sense, because everything must evolve, it should start from a transaction using barter goods, and end with transactions using Bitcoin, now is the digital era everything can be accessed via smartphones, and Bitcoin can be the best choice for future transactions.
Harrisonimo
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August 21, 2018, 10:53:10 PM
 #482

The International Monetary Fund (IMF) just recently posted a picture that shows the evolution of money that people have used since the beginning of human civilization. Will IMF consider Bitcoin as a new currency?





It is an agreeable trend as statistics shows the facts of the money being transacted  via cryptocurrency.  Whenever I hear about currency, the first thing that comes to mind play is cryptocurrency! The IMF could consider Bitcoin as a new currency with the set of criteria they have within, they could place bitcoin as a currency on the long run
Alex_Kidd
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August 22, 2018, 12:06:35 AM
 #483

At the moment for sure the majority of the people think about fiat money, in the next years I hope that many people will associate bitcoin as well to the word currency.
adjong
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August 22, 2018, 01:54:24 AM
 #484

for me, I think that entering cryptocurrency is PHP, USD, GDP, so that's why people are able to invest and no one else is using that because they are used to paying for the markets and trading.
jeffer8035
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August 22, 2018, 02:08:11 AM
 #485

Of course it is a new currency, it is even the new IMF, since it is distributed all over the world, it is multi-currency and very good the evolution photo. The truth is that we can carry all our money in a code of numbers or a qr or in a paper or in the minds of the numbers, everything evolves and bitcoin is the new form of payment and having the money and safer than in a bank or a share of the stock market

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August 22, 2018, 02:34:32 AM
 #486

A transaction tool that you can use to buy something you want. everyone needs that currency.
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August 22, 2018, 03:48:08 AM
 #487

AML BitCoin is what comes into my mind. This coin will son make it to the top spot of the crypto market.

Do you mean there will be someone who will replace Bitcoin at this fast time? does that really happen.

KseniaLard
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August 28, 2018, 10:07:16 AM
 #488

My first come to mind when we say that the currency is money that is spent the whole day to survive, it's a lot of kinds of currency all over the world, I think that the currency is the most useful for our dailyneed.
Leonardoross
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August 28, 2018, 10:19:58 AM
 #489

There are levels of awareness, depending on each person's point of view. To me, money is simply the value that serves the needs of human beings.
blckchainr03
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August 30, 2018, 07:56:08 PM
 #490

The first thing that comes to my mind is AML BitCoin. The best crypto in the market.
Bgbolahan
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August 30, 2018, 08:31:15 PM
 #491

Bitcoin cannot become a pure currency but only an asset,pure currency in crypto system will evolve soon
bitcoindusts
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August 30, 2018, 08:39:02 PM
 #492

“Above all, we must keep an open mind about crypto assets and financial technology more broadly, not only because of the risks they pose, but also because of their potential to improve our lives.”

Great blog article here from IMF. Thank you for sharing.

It is really good to see that a global financial institution such as IMF has took notice of how potent cryptocurrency can be, both in risk and for the betterment of financial transactions.

And i do believe, that many financial institution, and even government controlled banks will be adopting to digital cash in ways we could never have imagined. There will indeed be trade offs just for them to continue to see the light of day and not be left out of the digital revolution.
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August 31, 2018, 10:19:24 AM
 #493

Over time, many cryptocurrencies, not only Bitcoin, will firmly enter our lives, as well as cash, but before that at least five to seven years.

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August 31, 2018, 10:24:05 AM
 #494

Bitcoin cannot become a pure currency but only an asset,pure currency in crypto system will evolve soon

that is not true. Bitcoin can easily become proper currency, right when the people start using it that way. There is some infrastructure to be added on top but that will be managed.
cloudbleron18
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August 31, 2018, 10:40:18 AM
 #495

The International Monetary Fund (IMF) just recently posted a picture that shows the evolution of money that people have used since the beginning of human civilization. Will IMF consider Bitcoin as a new currency?



when i think about currencies the first come to my mind is bitcoin because bitcoin is the greatest currency i ever seen.

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August 31, 2018, 10:57:23 AM
 #496

Once I first reflect onconsideration on the currency , crypto global is going around me . in recent times , cryptocurrency is the sector pleasant currency via which we are able to earn a lot . Bitcoin is my preferred coin .
Marbelli
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August 31, 2018, 11:18:39 AM
 #497

now definitely is not. I hope that maybe in the future he will consider bitcoin as a new currency

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Konffetka
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August 31, 2018, 11:48:16 AM
 #498

My first come to mind when we say that the currency is money that is spent the whole day to survive, it's a lot of kinds of currency all over the world, I think that the currency is the most useful for our dailyneed.
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August 31, 2018, 12:02:26 PM
 #499

for me I think the money goes in good way and it will help in need but bitcoin is important to everyone to accumulate a lot of money

taliwang
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August 31, 2018, 12:09:27 PM
 #500

haha yes you are right this philosophy can prove that this technology is growing and if it has developed then many digital currencies will be created.
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