Anyobsss
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June 01, 2019, 06:10:47 PM |
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Some people saying BTC has no value as is made from nothing. Those same people using money in every day life. If we look into paper money as terms of value this piece of paper is also without value and also made from nothing.
If we think this way then we should be only exchanging goods like gold, stones, weapons, food.
BTC, Crypto is in my opinion only next step in term of money. So we will be calling BTC money soon. It will only be huge advantage for us early adopters to get some while cheap.
When btc will be replacing money in terms of salary anyone who will one 1 BTC only will benefit a lot as with price increasing people will get salary of cca. 2000 sats and 1 l of milk will cost 1 sat in the store.
If you think all the inexpensive things in the world you can say that they have no value at all. People just think that those think are valuable. For example, Gold and diamond, what would you do with those rocks lol. Similar with Bitcoin, Those things only have value because people think it's valuable.
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Romeoetin
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June 01, 2019, 06:34:08 PM |
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Money or any legal tender only takes the value attributed to it. If you want to make a piece of stone money, then it will be because people attribute the money value to it. For bitcoin, it is money to those who wants it to be.
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sarmrakib
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June 01, 2019, 08:00:35 PM |
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The world are one step ahead with blockchain. Btc has a great transaction innovation which has own blockchain and a real currency .People are using Btc as a currency so there is no different from money on one side. The world gradually depend on blockchain and don't like as a paper money to buy something .The using of the btc a s currency are gradually increasing .Hopefully we meet one time on the earth no one using Paper money and depend on all digital currencies.
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_Django05_
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June 01, 2019, 08:05:19 PM |
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When btc will be replacing money in terms of salary anyone who will one 1 BTC only will benefit a lot as with price increasing people will get salary of cca. 2000 sats and 1 l of milk will cost 1 sat in the store.
Bitcoin is already being used as both a store of value and speculative investment. Soon, it may become a viable means of payment. New payment systems or asset classes do not emerge overnight but it is worth noting that the concept of money has evolved, even in our lifetime, from cash to digital or contactless payments.
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iamike
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June 01, 2019, 08:39:40 PM |
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I think bitcoin has no value. I really do not see the use case of bitcoin. We only see it to be digital currency which we buy, hold and sell. Aside these things I really do not see what we use it for again. I think it is high time we started trading it for goods and services. My humble opinion
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Ryan Dugan
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June 02, 2019, 08:52:53 PM |
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Some people saying BTC has no value as is made from nothing. Those same people using money in every day life. If we look into paper money as terms of value this piece of paper is also without value and also made from nothing.
If we think this way then we should be only exchanging goods like gold, stones, weapons, food.
BTC, Crypto is in my opinion only next step in term of money. So we will be calling BTC money soon. It will only be huge advantage for us early adopters to get some while cheap.
When btc will be replacing money in terms of salary anyone who will one 1 BTC only will benefit a lot as with price increasing people will get salary of cca. 2000 sats and 1 l of milk will cost 1 sat in the store.
If a person is willing to pay real money for Bitcoin, then BTC has value. In the modern world, earth, air, place, and many intangible things have a price. Why a cryptocurrency in a limited quantity can not have a price? It doesn't have to be exchanged for money. It can be anything. As long as you can trade what you have for other things then you alright. When btc will be replacing money in terms of salary anyone who will one 1 BTC only will benefit a lot as with price increasing people will get salary of cca. 2000 sats and 1 l of milk will cost 1 sat in the store.
Bitcoin is already being used as both a store of value and speculative investment. Soon, it may become a viable means of payment. New payment systems or asset classes do not emerge overnight but it is worth noting that the concept of money has evolved, even in our lifetime, from cash to digital or contactless payments. I think of cryptocurrencies as stocks that you can spend. YOu don't have to withdraw stock and sell them and wait forever in the traditional sense either. It can take under an hour to trade like that. You can just as easily put the cryptocurrency back. I think bitcoin has no value. I really do not see the use case of bitcoin. We only see it to be digital currency which we buy, hold and sell. Aside these things I really do not see what we use it for again. I think it is high time we started trading it for goods and services. My humble opinion
Yeah no value that's how I bought all these things I currently have around me right? I just bought a game an hour ago with bitcoin and a ssd harddrive for my laptop so idk wtf you talking about.
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rodel caling
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June 02, 2019, 10:22:30 PM |
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It's simple why some people saying bitcoin is nothing value because didn't knows the importance or the value of bitcoin as fuuture digital money capable to replace fiat. That's the reason we need to spread to the people not well understand the bitcoin importance to convince and explain to them how bitcoin can help to our lives.
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babysweetTiger0401
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June 04, 2019, 12:58:03 PM |
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Some people saying BTC has no value as is made from nothing. Those same people using money in every day life. If we look into paper money as terms of value this piece of paper is also without value and also made from nothing.
If we think this way then we should be only exchanging goods like gold, stones, weapons, food.
BTC, Crypto is in my opinion only next step in term of money. So we will be calling BTC money soon. It will only be huge advantage for us early adopters to get some while cheap.
When btc will be replacing money in terms of salary anyone who will one 1 BTC only will benefit a lot as with price increasing people will get salary of cca. 2000 sats and 1 l of milk will cost 1 sat in the store.
All of your statement was still your opinion, actually all of us here are free to speculate things but of course in the end it is remain as just a thought. Although, I agreed Bitcoin and crypto could possibly be the future digital money in the entire world. And I doubt that Bitcoin has no value of course there is a value just look at the price now of it at the https://coinmarketcap.com/currencies/bitcoin/
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maldini
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June 04, 2019, 01:12:30 PM |
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When btc will be replacing money in terms of salary anyone who will one 1 BTC only will benefit a lot as with price increasing people will get salary of cca. 2000 sats and 1 l of milk will cost 1 sat in the store.
Bitcoin is already being used as both a store of value and speculative investment. Soon, it may become a viable means of payment. New payment systems or asset classes do not emerge overnight but it is worth noting that the concept of money has evolved, even in our lifetime, from cash to digital or contactless payments. Yup indeed, now we are running in the development of currencies where physical money will begin to be replaced with digital money, of course bitcoin in the future will compete with this digital money. It is clear that the state created digital currencies including my country, even though it is still controlled by the government but this is the first step in the development of currencies towards digital currencies. I am sure that in the future bitcoin will become a recognized digital currency used by various people, and used as an investment.
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otandelapaz
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June 04, 2019, 01:31:56 PM |
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Some people saying BTC has no value as is made from nothing. Those same people using money in every day life. If we look into paper money as terms of value this piece of paper is also without value and also made from nothing.
If we think this way then we should be only exchanging goods like gold, stones, weapons, food.
BTC, Crypto is in my opinion only next step in term of money. So we will be calling BTC money soon. It will only be huge advantage for us early adopters to get some while cheap.
When btc will be replacing money in terms of salary anyone who will one 1 BTC only will benefit a lot as with price increasing people will get salary of cca. 2000 sats and 1 l of milk will cost 1 sat in the store.
Try google'ing the term "legal tender" so you can have an idea about "paper money". One of the reason why we use paper or coins is because using good like gold, stones, weapons, food is as term of exchange is problematic. You're correct, BTC or crypto in general is one of the next step for "exchange". One of its advantage is the ease of use of crypto, compared to fiat. This is the same concept why we don't normally trade goods for goods.
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Leh-Meh
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June 04, 2019, 03:02:37 PM |
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U.S President Donald Trump will say "Bitcoin is fake currency"
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nutella_11
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June 04, 2019, 05:43:59 PM |
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Well, Bitcoin has a value. That's only my opinion but BTC is virtual money, you can buy some things (more and more things) using BTC... so that's something which is valuable
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MbakNarti
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June 04, 2019, 08:42:34 PM |
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Bitcoin is different from paper money or payment systems that we can do everyday in real life, because it is intangible and unknown to everyone. All require processes from time to time. Have we ever thought or predicted about the future of bitcoin in the next 10 to 20 years? It does not rule out the possibility that bitcoin will apply as well as money everyday, because technology has entered evenly into villages
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danipay
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June 05, 2019, 02:04:28 AM |
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U.S President Donald Trump will say "Bitcoin is fake currency"
yeah although bitcoin is a currency i dont want use it to buy some thing. I just wanna buy or invest in it. So i can gain more money. You will earn nothing if u used bitcoin as a currency.
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bhabygrim
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June 05, 2019, 03:06:08 AM |
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Some people saying BTC has no value as is made from nothing. Those same people using money in every day life. If we look into paper money as terms of value this piece of paper is also without value and also made from nothing.
If we think this way then we should be only exchanging goods like gold, stones, weapons, food.
BTC, Crypto is in my opinion only next step in term of money. So we will be calling BTC money soon. It will only be huge advantage for us early adopters to get some while cheap.
When btc will be replacing money in terms of salary anyone who will one 1 BTC only will benefit a lot as with price increasing people will get salary of cca. 2000 sats and 1 l of milk will cost 1 sat in the store.
Yes I agree if people think of it as that way then we should only use consumables to pay for everything. But I don't think that BTC would really replace money or be used as the only currency even in the future.
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ansarose1
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June 05, 2019, 04:13:29 AM |
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I cannot see bitcoin as no value. Bitcoin now has a good market activity that some investors says its on a bull run. Speaking of bitcoin's value, it is comparable to gold or some says its a digital gold.
I think bitcoin would become no value if there are no one using it, or mining it, or even all of bitcoin be faded, that's the time bitcoin would have no value.
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D1v4c
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June 05, 2019, 02:12:42 PM |
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When btc will be replacing money in terms of salary
The total amount of Bitcoin is limited and its price volatility makes it difficult to replace fiat.
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Rajorrum1994
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June 05, 2019, 04:09:05 PM |
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Well, I don't think Bitcoin has no value . Why? Because if there is none why many people still into it. Many still gaining income from it. So meaning they valued Bitcoin.
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ghost424
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June 05, 2019, 05:04:03 PM |
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Some people saying BTC has no value as is made from nothing. Those same people using money in every day life. If we look into paper money as terms of value this piece of paper is also without value and also made from nothing.
If we think this way then we should be only exchanging goods like gold, stones, weapons, food.
BTC, Crypto is in my opinion only next step in term of money. So we will be calling BTC money soon. It will only be huge advantage for us early adopters to get some while cheap.
When btc will be replacing money in terms of salary anyone who will one 1 BTC only will benefit a lot as with price increasing people will get salary of cca. 2000 sats and 1 l of milk will cost 1 sat in the store.
People saying Bitcoin has no value because it has no specific beginning should start learning about Blockchain. They should learn about Blockchain Technology and how that technology would work if utilized properly. Cryptocurrency is one application of Blockchain because the security of Blockchain is highly developed and will be hard to overcome.
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TheUltraElite
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So anyway, I applied as a merit source :)
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June 07, 2019, 05:19:05 PM |
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Well, I don't think Bitcoin has no value . Why? Because if there is none why many people still into it. Many still gaining income from it. So meaning they valued Bitcoin. They value bitcoin but bitcoin does not have any intrinsic value. This is a correct statement. Just like the fiat money is just a piece of paper with some writing on it, it also has no value in it if you consider it as a piece of paper. Now people take it for granted that they have a certain denomination and thus a consensus of a value. Bitcoin is valuable because people support it and they have been buying it gradually leading to a price which is considerable against fiat money.
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