Will bitcoin be the currency of our future?

[Desscount]

Hey,

I have been investing in some btc recently and i have seen that in my country i can pay for example in a pizza restaurant (when i order online) with online coins.
Do you think that btc will become the future currency of our world?

I hope yes,
but the possibility is very difficult because each country has its own currency, and if the money has changed to electronic. in other words every government will make its own crypto, this is my simple assumption

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[AlaEhBTC]

It may happen as many establishments around the world now is accepting bitcoin as payment. Bitcoin has a bright future in the industry of currency.

[BuyBuyBitcoin]

It's a STORE OF VALUE

Maybe it will be used as a currency, most likely a second or third layer on bitcoin (an altcoin) would be a payment solution.

People who store value in gold, property, stocks and bonds will store value in bitcoin more and more. This will move the value of other assets down and bitcoin increases over time.

Property investors have always assumed property will always increase and rental prices cover most of their mortgage. If you can make 50-500% gains investing in bitcoin over buying a second property to rent out for a decade then sell, why would an investor buy a second property?

You are doing well getting 50%-100% return on a property over a decade, bitcoin is going to be a lot higher....

[Woolles890]

I think that bitcoin will be a better currency for the future, and this will be a good inspirational one and has tremendous development. Besides fiat, bitcoin and altcoin will be a good solution in terms of transactions.

[DennyPen]

Btc won't be the currency of the future, as it's price is not stable. It won't be a currency that we use to buy beer. However, it will be accepted in many places that support the conversion to dollar.

[DennyPen]

It may happen as many establishments around the world now is accepting bitcoin as payment. Bitcoin has a bright future in the industry of currency.

I think the bright future is connected not rather to the acceptable but to an increase in safety and promoting btc as value storage. When everyone can safely store some btc in an easy-to-access and very safe place without any tech knowledge (for example, go to some institution and buy btc like gold), then it will get a huge spike in popularity and price. As for now, masses don't have literacy, although almost everyone has already heard about btc and blockchain.

[DennyPen]

According to my thinking, bitcoin will remain like this in the sense that some bitcoin has been adopted and has been used as a currency (for transactions). However, it is not easy to shift the fiat currency that has been recognized and used by each country. What is virtual money will be difficult to control by the government and not necessarily every country uses bitcoin as their legitimate currency.

If most powerful counties officially accept btc (which is possible if they come up with reliably taxation procedures), then it won't be any problem for btc to become used throughout the globe.

[jemarie20]

I think no, because many people use bitcoin to earn money, so in that point bitcoin always put a side of real money even though bitcoin is acceptable as currency in the whole world.

[Futureglory]

This might sound skeptical to others for considering bitcoin as currency in the future. We all aware of the current trend of growth of bitcoin as to how investors coming on board and how is trending globally. It wont be surprise to see that. Bitcoin is the future of currency and nothing more.

[FlightyPouch]

It may happen as many establishments around the world now is accepting bitcoin as payment. Bitcoin has a bright future in the industry of currency.

We all know that Bitcoin is a volatile crypto currency, there will be a lot of people that will be really annoyed at the price of it every time, and just think of it how will the people will be disappointed on the price changes when they really needed the money. Also, just imagine how will they feel when they made a wrong transaction and will be getting back the BTC they sent, it will be harder than you thought.

[muslol67]

Hey,

I have been investing in some btc recently and i have seen that in my country i can pay for example in a pizza restaurant (when i order online) with online coins.
Do you think that btc will become the future currency of our world?

Actually It can be. But we need some times. We have to find a solutions for energy consume and transaction speed. If we will use Bitcoin for a payment, we have to improve Blockchain network. No one wants to wait for 15 minute when make a payment.

[Magkirap]

Hey,

I have been investing in some btc recently and i have seen that in my country i can pay for example in a pizza restaurant (when i order online) with online coins.
Do you think that btc will become the future currency of our world?

This day most of the offline store start to accept bitcoin which quite convenient because you can pay your bill easily. It can be currency but it will undergo in your government if they implement that cryptocurrency is also legal currency that can be use in different transactions.

[rishad quraishi]

First of all what did you mean by currency here? A fiat currency or a online currency I mean cryptocurrency?

If you mean fiat currency then I don't see that happening or will happen ever. Because banks are still against the cryptos. They may allow crypto in future as an currency which would be able to trade online only. If it will be allowed worldwide like your country then yes it will be the online currency of the future.

[Inspiron14]

nope, because the purpose of bitcoin is only a blockchain-based payment and will not become a currency or replace money in the future, bitcoin will only be used as an alternative to fast and secure payments so that it will never be a legitimate currency.

[burky156]

I wouldn't use "will" in my sentence if i were you, because bitcoin is becoming the currency of the future, it has been started.. I believe that the super powers in the world (i mean the strongest countries) will let the cryptocurrency will rule the world finance soon. Otherwise this market couldn't got bigger this much. I am sure that the goverments making their calculations about it..

[KotiKo]

Yes, I do not for a minute doubt that Bitcoin is the future of our world. The blockchain technology is gradually being introduced into all spheres of our life and Bitcoin will also soon become part of the life of every person.

[icecube45]

I don't know what will happen in the future, especially bitcoin is still new. If bitcoin becomes a currency, of course I don't think it is suitable, because the very volatile price of bitcoin is actually not suitable if used for currency. With high fluctuations in my opinion bitcoin is more appropriate if used for investment or trade, this will be more profitable. So I don't think if bitcoin will become a currency in the future.

[nicko122]

It would be good and right to give people the opportunity to pay with cryptocurrencies for goods and services, but unfortunately now there are not so many stores that support this type of payment. Let's hope that in the future the situation will change.

[dat.ho12492]

Hey,

I have been investing in some btc recently and i have seen that in my country i can pay for example in a pizza restaurant (when i order online) with online coins.
Do you think that btc will become the future currency of our world?

I hope yes,
but the possibility is very difficult because each country has its own currency, and if the money has changed to electronic. in other words every government will make its own crypto, this is my simple assumption

Of course, the probability of this happening is almost zero when governments are very strict about management and control, they will not allow an outlawed existence to enter the country and become their currency, that just makes more problems happen. I believe everything will be as you say, the government will probably rely on altcoin and bitcoin, they will develop their currency, and with this thought, although bitcoin is not our future currency but it may be a part of our future.

[Sadlife]

The world is forever changing and evolving no one can exactly predict if bitcoin will fail or succeed but with its intelligent and innovative technology im sure bitcoin will have a great impact on our economy. I think in the future more countries will start to recognize and adapt it even merchants and commerce are slowly adapting it as payment.