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Author Topic: The problem of getting bitcoin in the future  (Read 1087 times)
uyraw171089 (OP)
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March 24, 2019, 11:08:13 AM
 #1

Whether or not the electronic money through the future is easy is a difficult question. Firstly, in terms of economic integration, this is very difficult now because each country has its own face value and money, it is difficult to synchronize, another difficulty is that the legal is unclear because each country has one private law. Secondly, the political, military, and information technology are uneven, leading to access to electronic money is not virtual reality. So how to solve this problem?
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March 24, 2019, 11:46:34 AM
 #2

I don't think that there would be a problem in getting some bitcoin in the future,
First the face value that you are talking about if I am correct is eac and every country's fiat, And as of now I don't see any problem with it I mean Bitcoin has been used by almost all over the world and the different value of each country doesn't mean anything to it.
And about legalization of Bitcoin I think you already know that there are some country that already made it legal and only few are against it or made it illegal.

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March 24, 2019, 12:30:49 PM
 #3

All of the above-mentioned obstacles/hindrance for bitcoin growth is actually already being addressed. Firstly, every different country also receives/accepts different forms of money through some of their merchants, so that's already one problem solved. Next, legality is already becoming a thing of bitcoin knowing how every country is doing their best to regulate the use of bitcoin and cryptocurrencies, with some already coming up with their very own legal framework. Lastly, political, military and infotech is not even a problem that bitcoin needs to worry about considering that these things aren't really concerned, connected nor meddling with bitcoin's growth for as long as people lobby for something, especially if it's a large portion of the population we're talking about, politics will bow down and follow suit.

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March 24, 2019, 12:58:06 PM
 #4

Based on what I have seen now I think there is no problem nothing to worry about it in fact some country is now slowly adapting the blockchain technology. Big companies with high reputation are adapting it. Im expecting a massive global adoption in the future. However, there are some countries refuses to adapt this kind of technology because they cant control it.
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March 24, 2019, 01:02:08 PM
 #5

Whether or not the electronic money through the future is easy is a difficult question. Firstly, in terms of economic integration, this is very difficult now because each country has its own face value and money, it is difficult to synchronize, another difficulty is that the legal is unclear because each country has one private law. Secondly, the political, military, and information technology are uneven, leading to access to electronic money is not virtual reality. So how to solve this problem?

Each problem that bitcoin may face in future will be answered in right time,for more than 10 years bitcoin had struggle alot of difficulties but what happened?didn't bitcoin reached the highest price of almost $20,000 ?so what more these questions you delivered?there is no impossible fulfilling the future of cryptocurrency so dont bother because for sure we will be on the best shape in the next couple of years
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March 24, 2019, 01:22:32 PM
 #6

Whether or not the electronic money through the future is easy is a difficult question. Firstly, in terms of economic integration, this is very difficult now because each country has its own face value and money, it is difficult to synchronize, another difficulty is that the legal is unclear because each country has one private law. Secondly, the political, military, and information technology are uneven, leading to access to electronic money is not virtual reality. So how to solve this problem?


Firstly, I can't understand a thing about the first sentence of your statement. I guess you should focus on that first before making this a problem. There are a lot of countries that banned bitcoin but the technology or the idea of the Blockchain is being developed in there. Every country has its own value so it is better to stick on one fiat which is commonly USD.

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March 24, 2019, 01:26:25 PM
 #7

Well, that's why bitcoin was created in the first place. To face all economic problems the society has and solve them. Economic integration is definitely going to be the challenge here because no everyone agrees with this type of digital money and definitely not everyone will be willing to use bitcoin instead of fiat. Anyway in think this takes time and slowly bitcoin should be able to integrate better into the economic society. Tha fact that is not legal should surprise anyone since it is decentralized and it was no created to be supported by government or banks.
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March 24, 2019, 02:19:14 PM
 #8

Whether or not the electronic money through the future is easy is a difficult question. Firstly, in terms of economic integration, this is very difficult now because each country has its own face value and money, it is difficult to synchronize, another difficulty is that the legal is unclear because each country has one private law. Secondly, the political, military, and information technology are uneven, leading to access to electronic money is not virtual reality. So how to solve this problem?

Go spam your local board. Your english is barely understandable.
The funniest thing is that most commentators above are pretending that they found some deep thoughts in those words and decided to discuss this question.
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March 24, 2019, 02:58:36 PM
 #9

Firstly, in terms of economic integration, this is very difficult now because each country has its own face value and money

Bitcoin does not need to be integrated into any nations economic system, it has it's own economics and product value independent of the happenings in any nation. Bitcoin has its own face value and it's a global currency.


another difficulty is that the legal is unclear because each country has one private law.

It does not have to be subject to any private laws if any nation, it is controlled and regulated by the community.

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March 24, 2019, 03:26:01 PM
 #10

Whether or not the electronic money through the future is easy is a difficult question. Firstly, in terms of economic integration, this is very difficult now because each country has its own face value and money, it is difficult to synchronize, another difficulty is that the legal is unclear because each country has one private law. Secondly, the political, military, and information technology are uneven, leading to access to electronic money is not virtual reality. So how to solve this problem?

I don't think that economic integration is really a big problem. Euro is a currency for many countries, and dollar, while not being accepted largely as payment in grocery stores, is still recognized as good money around the world. Bitcoin is already used by a small amount of people in many countries, accepting it as payment is not that difficult. And bitcoin does not require any special skills, knowledge or technology. What one needs to have is a device with access to Internet usually, and using Bitcoin is really simple. As for legislation, - well, bitcoin will not ever be under control of any authorities, so what can be done is only the outline of international requirements on preventing money laundering and financing terrorism (which is already there), and specific countries can choose to tax Bitcoin as income or whatever.

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March 24, 2019, 03:26:15 PM
 #11

The issue is it will take a very long time before cryptocurrency can take the center role or becomes the global currencies because so many government with their law's and views about cryptocurrency, it is very important to note that the government will never let go of they own traditional currencies for cryptocurrency because they will not have control over cryptocurrency.
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March 24, 2019, 03:45:52 PM
 #12

Why are you even thinking about those things? bitcoin is already applied to many services, merchants, stores and other stuffs that we can use and exchange together with real products. It's not really a problem if you ever think about what you have said.

There's already a true use case for bitcoin and the gov't is even the one that wants to integrate with it. Bitcoin isn't even forcing itself to get attached with gov'ts but the gov'ts are the ones that are pushing themselves to it, why? because bitcoin is usable and has a large market cap that they can take advantage.

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March 24, 2019, 05:07:43 PM
 #13

Actually Bitcoin doesn't need an economic integration to any country as it's operating globally so let each of them adjust to the future of digital currency, just like what was happened in the beginning of the Internet there's no economic integration that was set for each nation but look at now it's almost a necessity good as every household and individual have it.
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March 24, 2019, 05:38:23 PM
 #14

the political, military, and information technology are uneven, leading to access to electronic money is not virtual reality.

I don't this is a real problem I don't see how this affect bitcoin getting into the future. Especially how the military is in connection to a problem of bitcoin in the future.
How every problems of bitcoin as regards adaptation can be settled if the government embrace the possibilities of bitcoin
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March 24, 2019, 05:40:30 PM
 #15

It only going to get easier to get Bitcoin in the future. Sure, it may be worth more, but more wallets and exchanges will start to accept BTC.

Once Visa, Mastercard and American Express start allowing customers to hold and make transactions in cryptocurrency we will start to see an enormous movement in the world of blockchain backed money transfer.
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March 24, 2019, 06:17:32 PM
 #16

Bitcoin as a Cryptocurrency was never meant for a country to bug in. If I am not wrong it was always meant to roads fiat for the  owner/user of Bitcoin, who invested fiat into Bitcoin. Bitcoin was never meant to be an Investment opportunity. It is meant to replace fiat and provide financial freedome. I do not understand why you are asking such questions?

I say it would be nice if you can start promoting as well as gaining this currency.







 

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March 24, 2019, 08:27:57 PM
 #17

The issue is it will take a very long time before cryptocurrency can take the center role or becomes the global currencies because so many government with their law's and views about cryptocurrency
Bitcoin is already a global currency but not many are willing to get it then spend after because of the potential profit that it gives.

it is very important to note that the government will never let go of they own traditional currencies for cryptocurrency because they will not have control over cryptocurrency.
The government could let go their fiat in the future and replace it with their version of cryptocurrency.


I don't this is a real problem I don't see how this affect bitcoin getting into the future. Especially how the military is in connection to a problem of bitcoin in the future.
How every problems of bitcoin as regards adaptation can be settled if the government embrace the possibilities of bitcoin
It's a problem but it's not everyone's problem to fix.

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March 24, 2019, 10:40:42 PM
 #18

Do you know what are the real problems the Bitcoin will face sooner or later?
The real problem of the Bitcoin is to face the people who will never accept the bitcoin, those who will not benefit from it and those who will fully against it. Bitcoin is an enemy of a lot of industries especially those people who use fiat money for their own goods. The solution to this problem is to help those people use bitcoin for their own goods. The people I am talking about are the oligarchies.

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Gaff
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March 24, 2019, 10:52:03 PM
 #19

Why are you even thinking about those things? bitcoin is already applied to many services, merchants, stores and other stuffs that we can use and exchange together with real products. It's not really a problem if you ever think about what you have said.

There's already a true use case for bitcoin and the gov't is even the one that wants to integrate with it. Bitcoin isn't even forcing itself to get attached with gov'ts but the gov'ts are the ones that are pushing themselves to it, why? because bitcoin is usable and has a large market cap that they can take advantage.


Indeed, that's agreeable mate and when government has been successfully engage cryptocurrency to their system they'll fully can control it. I think that's our biggest problem in the future when that happens, which isn't good for us who holds crypto. There will be a possible crash of price, due to more holder cannot withstand against such regulations imposted by government leaders. I can't say it in general but there might be possibilities, some leaders will be greed enough to make the situation be overpowered by them. Our financial freedom will not be as free as what we're experiencing today, and certain circumstances might arise if crypto becomes controllable by government authorities.
Kelvinid
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March 24, 2019, 11:20:05 PM
 #20

Do you know what are the real problems the Bitcoin will face sooner or later?
The real problem of the Bitcoin is to face the people who will never accept the bitcoin, those who will not benefit from it and those who will fully against it. Bitcoin is an enemy of a lot of industries especially those people who use fiat money for their own goods. The solution to this problem is to help those people use bitcoin for their own goods. The people I am talking about are the oligarchies.
When crypto  finally received it regulations approval it may serves some ways that big companies will use blockchain technology by then. Maybe they are just waiting for that and to give support, but as of now its a little bit testing for crypto adoption and do actions as what the others do with. We're looking forward that big companies will support this and surely it help to move the market prices.
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