Beware!! Bitcoin can be the future but a lot of work is to be done

[labilaab]

Well said. Bitcoin was once made and can never be gone forever. It is made to remain and even soar high in near future despite of the changes in global market has lead its unstable price. Surely time will come where all people in the globe can no longer ignore the use and importance of using blockchain transactions.

[Dmitry.Vastov]

Bitcoin is a p2p system of transaction. Bitcoin has shown alot of signs so far that it is here to stay and even over Shadow the normal system of transaction.

Bitcoin which was created in 2009 by sir satoshi Nakamoto it growth level is quite OK and the value is still volatile and prone to changes of the market
 
Bitcoin has some advantages over other transactions process like it does not have and fee or charges attached to it and it is decentralized meaning it is not regulated.
Well as a cryptocurrency enthusiast my wish obviously is to see a rapid growth of bitcoin and cryptocurrency at large but truth be told there is a lot of work needed

Well limitations like lack of transaction protection on like make payment that is under a body regulations which you have protection for it. Making transactions with bitcoin does not guarantee you any security so it totally at your own risk

Also with bitcoin transaction can not be reversed like it is with other system of transaction

If you lose your bank account number or pass word you can go to the bank and fill certain forms and probably get it back but not with bitcoin wallet one you lose your wallet and it's detail it is gone forever all your earning blown away

Also lesser transaction opportunities. Although the cryptocurrency world is growing using it to make transactions might not be generally accepted as of now.  Not every one accepts it


PS. Cryptocurrency is no joking ground and it is still developing when you are in it either you gain or you lose. It is very important to know how to navigate it personal security should be of optimal level. Go through educational books and videos. Protect you personal details like your private keys and so on.

We all want cryptocurrency to grow but work needs to be done

No wonder that bitcoin has made tremendous progress in the world of crypto, as a decade ago, no one knew the bitcoin and instead they were calling it a scam or a bubble that would burst soon but those very few who believed on it are now the bitcoin billionaires so no wonder that bitcoin is going to be the future of currency but for now it is only a mode of investment as it is not yet centralised and for being use as a central currency world wide it needs to get centralised first.

[davison2]

Definitely!!! Anything and everything that has great potential requires a lot of work; after which it can always stand the test of time, having passed through the fire. Bitcoin is here to stay for sure and every of its critics will buy sooner or later.

[basyang]

Bitcoin is still pretty much new to many people and mass acceptance is needed badly in this regard. Also there are still a lot of countries not accepting bitcoin as a potential currency which makes it even more difficult.

Yes you are right about that. Cryptocurrency is still in the process of acceptance of the mass. Especially in the Government they needbro analyze and study well the benefits of crypto before they accept it. Some people are brave to accept crypto even if they did not know it at first. Some are doubting crypto but we can not blame them. Sooner or later some countries would made a decision to accept or not crypto.

[DAVETUN]

Bitcoin is sure the future of online transaction, globally, The developers of Bitcoin must be ready to accept government policies and regulation in order to increase the awareness and acceptance by government and other, yet to be convince into the space, Lots of works need to be done in order to convince and defend the vision and mission of bitcoin as a currency.

[Olayinka225]

Ok...I see that if bitcoin is to be our future, I think we have and they have to forget and there shouldn't all sort of regulations going around bitcoin. We/they should allow bitcoin to be independent of itself and also the entity also have to accept it.

[undisclosed]

There is still a huge amount of work to be done before Bitcoin will be a world currency ...

[Rozita]

Bitcoin is sure the future of online transaction, globally, The developers of Bitcoin must be ready to accept government policies and regulation in order to increase the awareness and acceptance by government and other, yet to be convince into the space, Lots of works need to be done in order to convince and defend the vision and mission of bitcoin as a currency.

Developers of bitcoin? Who are they? There is no one to talk with governments and accept their regulation. I think Governments will be finally forced to accept bitcoin as it is today.

[happytakhana]

In fact, Bitcoin has received so much praise in such a short time, and in reality  is also right. Bitcoin is just in its early days, and there are few countries that accept Bitcoin. Secondly, bitcoin is just new for most people, and there is a great need for acceptance in this regard which makes it even more difficult.

[DanieIssac]

To be accepted in the future , bitcoin need to have some regulations.  We make effort to avoid bitcoin is used for bad goal. Moreover, the price of bitcoin need to be more stable than now, so that government can see it as a legal currency for payment

[ShowOff]

To be accepted in the future , bitcoin need to have some regulations.  We make effort to avoid bitcoin is used for bad goal. Moreover, the price of bitcoin need to be more stable than now, so that government can see it as a legal currency for payment

I think not about price, but government must see bitcoin can be safe investment, so they can regulate it because they think it is safe for their people to have investment in crypto section. A lot of scammers or anything else who can have bad affect for bitcoin need to be demolished.

[Chicksteen]

Definitely!!! Anything and everything that has great potential requires a lot of work; after which it can always stand the test of time, having passed through the fire. Bitcoin is here to stay for sure and every of its critics will buy sooner or later.

Something that make success requires a lot of work before being achieve. I believe that it would stay and many still going to come to support it. It is lot of work requires before all countries believe and fully accepts bitcoin to exist and used everywhere. I am looking forward as it stays and continue to improve and all work can be done when everyone is contributing for good.

[doodle07]

It will definitely be the future and I think developers and the minds behind it have already anticipated the problems that will face int he future, so I am confident enough for the future of bitcoin because they have been prepared and ready for this situation or to face the future.

[Dexion]

now, the world still doesn't pay attention to crypto, so some governments choose to fight crypto, and that makes crypto users afraid, worried and panicked.

for moment, bitcoin is not perfect, especially for transactions, requires a long time.

but, we can use other platforms that are faster and cheaper.
and I agree with you, watching videos and reading a lot about crypto is a solution to maintain our loyalty.

[bitfocus]

Bitcoin is still too young , we really need to give it some time to grow and mature.

[goldSkylark]

of course a lot of work needs to be done. Something as revolutionary as cryptocurrency, something that will totally reconstruct our financial structure will need a lot of preparation. Rome wasn’t built in a day, right?

[iMark]

Bitcoin is still pretty much new to many people and mass acceptance is needed badly in this regard. Also there are still a lot of countries not accepting bitcoin as a potential currency which makes it even more difficult.

Yes you are right about that. Cryptocurrency is still in the process of acceptance of the mass. Especially in the Government they needbro analyze and study well the benefits of crypto before they accept it. Some people are brave to accept crypto even if they did not know it at first. Some are doubting crypto but we can not blame them. Sooner or later some countries would made a decision to accept or not crypto.

processes and developments are still very long and also need improvement in some sectors, bitcoin has a great appeal, many people are starting to realize about bitcoin and many people are starting to adopt it. You're right some people may still be contra, but along with the development of bitcoin they will change their mindset

[BennyK]

Bitcoin is still young and new in the system. Most people have not heard about it and with the few that have heard about Bitcoin, about half of them are living with lot of misconceptions about Bitcoin because of the false news coming from the media, governments and banks. A lot of work geared towards awareness creation need to be done in order to take the actual and beneficial concept of Bitcoin to the people.

[goodluck0319]

I think if everyone will trade $ 100 on the exchange, it will lead to greater awareness and liquidity of bitcoin

[boakyei]

I don't see the more work which is needed to make bitcoins more efficient since everything is almost done by Satoshi Nakamoto and the only thing left is the adoption of it by the masses. Bitcoin is the future and the future is already here.