First77 (OP)
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July 03, 2018, 02:12:49 PM |
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Bitcoin is trying to eliminate US Dollar, Euro (world currencies), banks, gold, silver, anti-government, debit cards and credit cards, anti-tax
How will Bitcoin survive the many enemies it has created by declaring itself a revolution in payment system and decentralization??
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deguzmanwacky
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August 27, 2018, 09:36:51 AM |
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the future will dictate if bitcoin would prevail or not. let us all just wait and see.
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jonemil24
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August 27, 2018, 09:52:32 AM |
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It'll survive as long as there are people who value it. We just need more people, renowned investors, billionaires backing it, and stores accepting it. If 50% of investors around the world are using cryptocurrencies, then; banks might consider, and it could no longer be called as speculative investment, IMO. Moreover, you could read this old article to get an idea.
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btcluisdiki
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August 27, 2018, 11:07:33 AM |
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I really don't consider US dollar, banks, gold ,silver, debit/credit cards and others as enemies of btc and that is not the main objective why btc was developed. I would consider btc as an option for the people when doing their transactions as payment system and as a currency where people can make an investment to earn profit.
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Alone055
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August 27, 2018, 11:18:36 AM |
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I think the only hurdle in the way of Bitcoin to the mainstream world is the banking system, in which billions of people believe right now and that is what makes them strong enough to stand in the way of Bitcoin which, in their comparison, is too new right now. Gold, silver or any other thing like that doesn't really seem to be any kind of a trouble for Bitcoin as they are nothing more than store of value and Bitcoin is way more superior than them in terms of usages.
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theyRmose
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August 27, 2018, 11:20:40 AM |
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it seems impossible that, world financial experts have agreed that bitcoin will never dominate fiat currencies.
and regarding gold investment, I don't think bitcoin will replace them, bitcoin will be a part of them, bitcoin is a new type of investment.
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maloibtc
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August 27, 2018, 11:35:31 AM |
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I think that yes! I believe that it will be strong and it will allow us to earn good money.To my mind, this is the best way to survive and btc will rule the market of crypto for the long time
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Impulseboy
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August 27, 2018, 11:41:10 AM |
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I am afraid that it is impossible to take fiat currency or credit cards down. However, there is a chance that cryptocurrency can co-exist with US dollar, Euro, gold, silver, debit and credit cards and other fiat money. Hopefully more and more countries will get into cryptocurrency in the future. When do you think it will happen?
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muneeb.zain
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August 27, 2018, 11:48:33 AM |
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Bitcoin will survive its enemies to it's way on the top because enemies are very important to be in the continuous change and getting better with the passing time because then gave the real head to head competition to you to realize your weakness and become more better and powerful with the passing time so don't be scared of enemies.
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nareal109
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August 27, 2018, 11:59:43 AM |
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Bitcoin is trying to eliminate US Dollar, Euro (world currencies), banks, gold, silver, anti-government, debit cards and credit cards, anti-tax
How will Bitcoin survive the many enemies it has created by declaring itself a revolution in payment system and decentralization??
BTC is the newest, which will eliminate all of world currencies, like the way paper currency elininated metal coins in the past, or cash in bank eliminated cash in hand at this time. BTC needs more time, not today, but someday, I really believe it.
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Jackolantern
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August 27, 2018, 12:08:22 PM |
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To my mind, this is not so difficult, Many businesses and companies today choose btc as their main currency and develop its spread. To my mind, this is the best way to earn in crypto and btc is the leader
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Phan Long
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August 27, 2018, 12:13:28 PM |
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It will overcome and dominate. However the problem is that it is not legal. The development of electronic money is parallel to the development of the technological age. After this, electronic money will eliminate the paper money like the paper money. However, not now but a while.
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jvdp
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August 27, 2018, 12:27:28 PM |
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To compari, this is not so difficult, Many businesses and companies today choose btc as their main currency and develop its spread. To my mind, this is the best way to earn in crypto and btc is the leader
I agree your views, however bitcoin is decentralised and which is not in accessable form.Many firm's doesn't have knowledge of how to use bitcoin. If the firm's started using bitcoin the value will increase rapidly. We cannot compare Fiat money and bitcoins equally because bitcoins are n-th time higher comparing to Fiat. We can compare them with stock market.
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Mofazzal840
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August 27, 2018, 12:39:54 PM |
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I think that it will be strong and it will allow us to earn good money.According to my opinion , this is the best way to survive and btc will rule the market of crypto for the long time in the world. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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chris200x9
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August 27, 2018, 12:41:55 PM |
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To my mind, this is not so difficult, Many businesses and companies today choose btc as their main currency and develop its spread. To my mind, this is the best way to earn in crypto and btc is the leader
Which country you're from? In Asia, I don't see any businesses are accepting Bitcoin so we can only invest in bitcoin for profits. Also, I don't think bitcoin can replace fiat so soon in any of the countries in the whole world. But it runs parallel with fiat currency so it can be currency as well as an investment product for long.
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Suketlapangan
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August 27, 2018, 12:53:09 PM |
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in my country bitcoin is our place to invest not currency or currency, so it doesn't compete with the existence of fiat currencies that have been there before ..
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Baekhyun
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August 27, 2018, 01:00:12 PM |
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Bitcoin is trying to eliminate US Dollar, Euro (world currencies), banks, gold, silver, anti-government, debit cards and credit cards, anti-tax
How will Bitcoin survive the many enemies it has created by declaring itself a revolution in payment system and decentralization??
I do not agree with your assumption, US Dollar, Euro (world currencies), banks, gold, silver debit cards and credit cards are not enemies of bitcoin, bitcoin is one of the digital payment tools that can be used as an alternative among the things you mentioned before. Although bitcoin has dominated in the future I think US dollars and euros will still be a big part of the economy in the world.
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cetald
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August 27, 2018, 01:09:56 PM |
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In the short term, bitcoin will not affect the currencies in any way. It too optimistic. Too young this project. At the moment people are still afraid to buy bitcoins. The market of cryptocurrency is wild. It is necessary to wait for the decisions of the regulators.
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Bitcoinislife09
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August 29, 2018, 11:00:51 PM |
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Bitcoin is trying to eliminate US Dollar, Euro (world currencies), banks, gold, silver, anti-government, debit cards and credit cards, anti-tax
How will Bitcoin survive the many enemies it has created by declaring itself a revolution in payment system and decentralization??
In my opinion, I believe bitcoin was not created to dominate the currency. I want to think that the developers made bitcoin to serve as a new and alternative means of transacting and investing. Even if bitcoin do really is competing with the all-time currencies, I believe it will take time or at most will not win against those currency and store with value. What bitcoin should focus and also the users right now is for bitcoin to be accepted and acknowledge worlwide.
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blockman
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August 29, 2018, 11:06:37 PM |
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Bitcoin will survive no matter how many enemies are there that's waiting for its success on its way.
By looking at the history of bitcoin, in the past enemies are already there to stop bitcoin and up until now big people are coming to the media and publishing it that tries to degrade bitcoin.
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