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Author Topic: Crypto curreny are natural evolution of money - Eth Co founder  (Read 221 times)
weeklyeth (OP)
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October 30, 2018, 07:57:07 PM
 #1

Cryptocurrency is in many ways a natural evolution of prior representational systems, though one that favors truth over state-sanctioned power.” He characterized digital currencies as just the “21st century’s version of that flimsy paper money” and also pointed out that the decentralized and open character behind them stand in contrast to the “government-run property systems (and the financial vehicles that followed it).” According to Lubin, networked open platforms will eventually serve as the foundation for “collective common-good relationships,” overall replacing an adversarial system comprised of corporations and customers.
Even in the event that an attacker gains more than 50% of the network's computational power, only transactions sent by the attacker could be reversed or double-spent. The network would not be destroyed.
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October 30, 2018, 08:27:36 PM
 #2

Cryptocurrency is in many ways a natural evolution of prior representational systems, though one that favors truth over state-sanctioned power.” He characterized digital currencies as just the “21st century’s version of that flimsy paper money” and also pointed out that the decentralized and open character behind them stand in contrast to the “government-run property systems (and the financial vehicles that followed it).” According to Lubin, networked open platforms will eventually serve as the foundation for “collective common-good relationships,” overall replacing an adversarial system comprised of corporations and customers.

As good as this post is, it would have been good if you had just included the source, because it will be counted as plagiarism on your side.
Next time try to include the source.
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October 31, 2018, 12:49:40 PM
 #3

It is not that natural, it is great but it is not growing per-se, you need to promote it and we all can make it happen by showing others how good it is for trade and business.
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October 31, 2018, 12:52:15 PM
 #4

I agree with what Lubin says. After shopping with swap method, then the money, credit card and electronic money transfers, then came to cryptocurrencies. The future will be the age of cryptos.
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November 01, 2018, 05:43:13 AM
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Your post is quite good. As good as this post is,it would have been good if you had just included the source,because it will be counted as plagiarism on your side. Please keep this in mind next time and include the source.
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November 01, 2018, 05:47:24 AM
 #6

Cryptocurrency is in many ways a natural evolution of prior representational systems, though one that favors truth over state-sanctioned power.” He characterized digital currencies as just the “21st century’s version of that flimsy paper money” and also pointed out that the decentralized and open character behind them stand in contrast to the “government-run property systems (and the financial vehicles that followed it).” According to Lubin, networked open platforms will eventually serve as the foundation for “collective common-good relationships,” overall replacing an adversarial system comprised of corporations and customers.
I do not agree with your opinion, because this is one of several ways to continue paper money. There are more stable and valuable assets in which there is now much more confidence and investment.

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November 01, 2018, 05:54:54 AM
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While the statements do hold value and address the issues while talking about the future aspects. It is still important to source the information as people would like to know something like this has come from a reliable source or not. Nowadays there's fake statements and news in order to influence either the people or market which is all the more reason to have credibility for the information given in any case.
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November 01, 2018, 05:58:51 AM
 #8

I agree with what Lubin says. After shopping with swap method, then the money, credit card and electronic money transfers, then came to cryptocurrencies. The future will be the age of cryptos.

Well I believe in this technology and it is going to rule the world in future. Guys the entire transaction system will be changed to crypto If the government allows to use this. Crypto is a rock star and real guys.

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November 01, 2018, 04:31:09 PM
 #9

Many people don't believe that cryptocurrencies has actual value like the paper money has.But cryptocurrency is evolving with the characteristics of money. Which don't necessarily means replacing fiat but to co-exist.
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November 01, 2018, 04:56:23 PM
 #10

finally, someone tell my thought.
just looking back in the history.
gold-the real money
real estate - the real property
oil - the key of industrial evolution.
and now, cryptocurrency - the form of money that everyone wants to have.
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November 04, 2018, 03:27:27 AM
 #11

Cryptocurrency is in many ways a natural evolution of prior representational systems, though one that favors truth over state-sanctioned power.” He characterized digital currencies as just the “21st century’s version of that flimsy paper money” and also pointed out that the decentralized and open character behind them stand in contrast to the “government-run property systems (and the financial vehicles that followed it).” According to Lubin, networked open platforms will eventually serve as the foundation for “collective common-good relationships,” overall replacing an adversarial system comprised of corporations and customers.

The new time has come, the new technologies, the new kind of money, nothing stands still, everything evaluates and sooner or later goes into the virtual space, it is convenient.   It is our future I thing and we going to new era of crypto.
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November 04, 2018, 04:10:28 AM
 #12

any field always evolves to change for the better and every year continues to grow following the demands and needs of the community. in this case the crypto currency is just waiting for time and likes or dislikes everyone will use and need it. no one can forbid it later, because that is the will of everyone.

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November 11, 2018, 03:23:23 PM
 #13

Cryptocurrency is in many ways a natural evolution of prior representational systems, though one that favors truth over state-sanctioned power.” He characterized digital currencies as just the “21st century’s version of that flimsy paper money” and also pointed out that the decentralized and open character behind them stand in contrast to the “government-run property systems (and the financial vehicles that followed it).” According to Lubin, networked open platforms will eventually serve as the foundation for “collective common-good relationships,” overall replacing an adversarial system comprised of corporations and customers.

I don't see why not, there is no law that says that currencies only have to be the physical ones that you can hold in your hands, this is the new age and with new technological advances comes new ways to do things and cryptos is one of those new ways. They are just as much of a currency as any fiat currency and with time they will be the only accepted currencies

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November 20, 2018, 06:46:27 PM
 #14

Cryptocurrency is in many ways a natural evolution of prior representational systems, though one that favors truth over state-sanctioned power.” He characterized digital currencies as just the “21st century’s version of that flimsy paper money” and also pointed out that the decentralized and open character behind them stand in contrast to the “government-run property systems (and the financial vehicles that followed it).” According to Lubin, networked open platforms will eventually serve as the foundation for “collective common-good relationships,” overall replacing an adversarial system comprised of corporations and customers.
There is no doubt that the cryptocurrencies are the natural evolution of money but right now the problem is that the cryptos cannot be successfully used as the currencies that they were meant to be because they are so volatile. If we have any hope of the coins becoming the accepted currency around the world then we are going to need more stability

 
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November 20, 2018, 07:31:33 PM
 #15

I agree with what Lubin says. After shopping with swap method, then the money, credit card and electronic money transfers, then came to cryptocurrencies. The future will be the age of cryptos.
No, cryptocurrency is only a good alternative form of financial relations. It can only be an addition to the existing payment systems, but the cryptocurrency is not able to replace them. Therefore, from this point of view, it cannot be said that this is the evolution of money. We can not yet say how long it will develop and what it will eventually turn into, but we hope that it will enter our life for a long time.

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November 21, 2018, 07:21:18 PM
 #16

Many people don't believe that cryptocurrencies has actual value like the paper money has.But cryptocurrency is evolving with the characteristics of money. Which don't necessarily means replacing fiat but to co-exist.
That's it for the full evolution of money is not enough confidence in the cryptocurrency.As soon as this problem is eliminated, the cryptocurrency will be used by all mankind.Fiat money may not be completely destroyed, but the use of cryptocurrencies will become as common as the use of Fiat money.



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November 21, 2018, 10:35:49 PM
 #17

I agree with that. In the world people already switched actually paper money to digital money with credit cards and pos machines etc. After than that next is cryptocurrencies. and i believe eth can be the next currency of the world or maybe btc. Maybe not eth or btc but i am sure next world currency will be a cryptocurrency.
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November 22, 2018, 04:37:22 AM
 #18

I agree with what Lubin says. After shopping with swap method, then the money, credit card and electronic money transfers, then came to cryptocurrencies. The future will be the age of cryptos.
No, cryptocurrency is only a good alternative form of financial relations. It can only be an addition to the existing payment systems, but the cryptocurrency is not able to replace them. Therefore, from this point of view, it cannot be said that this is the evolution of money. We can not yet say how long it will develop and what it will eventually turn into, but we hope that it will enter our life for a long time.
Most countries have started to use the digital transaction instead of using the traditional transaction. The traditional payment is about to change as soon as possible. i just know that there were dozens of companies applied online payment system. it will be more useful compared with the traditional system. it's about to change
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