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Author Topic: What will happen after cryptocurrency  (Read 1063 times)
suvo05
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September 20, 2019, 04:26:34 PM
 #21

Maybe super essential things like water, oxygen will be consider as money. But it's a far future. Even the full adoption of the cryptocurrency over the globe is not seems to be very easy or realistic from today's point of view. There are lots of hurdles needed to be cross, like 100% educated people,  24hr internet access all over the world.

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September 20, 2019, 07:56:10 PM
 #22

As technology continues to evolve, most likely cryptocurrencies will evolve with it also. Assuming the connecrion of man directly to the computer and consequenlty the internet is successful, most likely some form of digital currency that can be assessed directly using the online network of connected minds would be the next thing. It'll have the features of cryprocurrency but will have the means if being accessed , and transferred using the network of the mind.

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September 20, 2019, 08:47:19 PM
 #23

I wanted to say it will remain cryptocurrency but on a second thought, I realize that money or fiat wasn't there before now, who knows what was there and who knows what will be there in future if cryptocurrency will remain or go into extinction.
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September 20, 2019, 09:29:04 PM
 #24

Let's leave the future for a second and address the current issue facing bitcoin. Unless there is unanimous agreement between the bitcoin communities and they properly find solution to its low transaction through-put, then bitcoin might struggle to function effectively as a true currency globally. We have other issues like high volatility and price instability. The probability of cryptocurrency taking over the world future monetary system is high, but not certain it will be BTC. Let not forget that cryptocurrency industry is still young and out of it, something different which is neither fiat nor crypto might evolve to be the next money.

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September 20, 2019, 10:52:39 PM
 #25

Money changed its shape through the history. As from non-monetary exchange to the need of having money. Fast forward to our current banknotes which are in my opinion slowly dying with bitcoin taking over. Many discussions are being held if bitcoin can be the primary currency in the world. Let's assume it can be. Everything has an end so what do you think will come after bitcoin? What will money look like hundreds of years from now? I predict its gonna be digital of course but I'm interested if its going to be a cryptocurrency or something else.

the question is too early to be ask. right now we don't even know what would happen to bitcoin most answers will too be generic and would just based to cryptocurrency
because it is one of the newest type of payment/currency etc.. today. for all we know fiat would still exist in hundred of years co existing with cryptocurrency. if ever cryptocurrency
is to become the main currency I think they would just develop it further to make it practical for daily use.

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September 20, 2019, 11:13:56 PM
 #26

Money changed its shape through the history. As from non-monetary exchange to the need of having money. Fast forward to our current banknotes which are in my opinion slowly dying with bitcoin taking over. Many discussions are being held if bitcoin can be the primary currency in the world. Let's assume it can be. Everything has an end so what do you think will come after bitcoin? What will money look like hundreds of years from now? I predict its gonna be digital of course but I'm interested if its going to be a cryptocurrency or something else.
I also believe that after cryptocurrency it can be now used as a digital wherein We can never used fiat anymore but this only happen if we people are very well educated with cryptos even those people live in remote areas.
I always believe that the only constant thing in this world is change so if not now I think it will be the future of cryptos.

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September 21, 2019, 07:14:39 AM
 #27

Money changed its shape through the history. As from non-monetary exchange to the need of having money. Fast forward to our current banknotes which are in my opinion slowly dying with bitcoin taking over. Many discussions are being held if bitcoin can be the primary currency in the world. Let's assume it can be. Everything has an end so what do you think will come after bitcoin? What will money look like hundreds of years from now? I predict its gonna be digital of course but I'm interested if its going to be a cryptocurrency or something else.
I agree it would be digital currency in the future they would be paying everything through the internet.
I don't really think that crypto currency or Bitcoin,Etherum or any other big names of crypto would replace Fiat ,
But I think Fiat would adopt and be digital and be used like crypto we are already using cards to easily pay with Fiat so maybe in the future it would be more high tech.

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September 21, 2019, 12:19:17 PM
 #28

I'm imagining what can happen after crypto. I remember the time where money has been invented and it took many years for it to be used world wide. In the ancient times, people are buying different things thru a note with trust that the note is worth X.

I don't really care what can replace crypto in the future because at that time, I'm not around anymore but maybe a technology far more helpful and more complex than cryptographic currencies will replace it. We are in the infancy stage already and we are considered early adopters. Lets just focus on improving the current market and not focusing on the future (like around 100-200 years Cheesy).

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September 21, 2019, 12:31:45 PM
 #29

I wouldn't look what's next about bitcoin until we haven't seen the world is taking advantage of its full potential. Adoption is imminent and we're far from seeing the whole world on it.

Everyone is still on the adjustment period but we'll see that day where everyone will start talking about bitcoin. We are going to the digital age and dollars might also be digitalized soon.
Maybe there would be no more cash anymore and all payment will be done through online and cards. Though it will take much time, people have to adjust on the changes and adapt it on their own. People are learning even to invest with crypto. This age gives curiousity and more development, hoping that security will stronger.

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September 21, 2019, 01:09:15 PM
 #30

The way world moving forward towards technology I think Cryptocurrincess will be the best and most suitable currency in the future to use all over the world. It will give anyone the freedom to buy whatever he wants to, Cryptocurrencies are the revolution that will give benefits to our next generation.
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September 21, 2019, 02:32:17 PM
 #31

Money changed its shape through the history. As from non-monetary exchange to the need of having money. Fast forward to our current banknotes which are in my opinion slowly dying with bitcoin taking over. Many discussions are being held if bitcoin can be the primary currency in the world. Let's assume it can be. Everything has an end so what do you think will come after bitcoin? What will money look like hundreds of years from now? I predict its gonna be digital of course but I'm interested if its going to be a cryptocurrency or something else.

In my opinion it will be cryptocurrency, with algorithms updated for quantum cryptography (yes there is such a thing). In addition, there will be tokens (physical) to represent the coins. Some business will do this for convenience to their customers, like casinos and arcade centers used to. It might be in the form of a card or "app" you can load "credits" with (ie. Satoshis).

This way you can buy it in advance, and use the lowest tx rate and at the venue be credited. Of course you could recharge your card/get more tokens is you wanted to...

Banknotes are far from dying if you are from one of those countries with top leading fiat, those people just don't know.

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September 21, 2019, 03:20:54 PM
 #32

What do you think will happen? when we\re not even finish mining the remaining Bitcoins.
maybe after that, the result will show. If it still useful when people still want to use it as a mean of payment then
the ending is not close yet. we have some many enthusiasts who continue the will of Satoshi even though they
will get nothing in return they still work on how to get Cryptocurrencies as the main currency of the world
and that by making development that only blockchain technology can do.

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September 21, 2019, 03:48:46 PM
 #33

Cryptocurrency never ended how ever the reason because many investor like for investing their money in crypto,
to some yes but what about the others ? some just simply dont like the fact that cryptos are too volatile and they find it too risky as an investment tool  . manipulations are also present on to this space so what if one day the manipulation will go in the next level , say they will dump it hard like a real bubble ? that will result for investors to leave but lets pray that wont ever happen because we are already benefitng from cryptos even in a smaller ways .
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September 21, 2019, 04:15:25 PM
 #34

Many discussions are being held if bitcoin can be the primary currency in the world. Let's assume it can be. Everything has an end so what do you think will come after bitcoin? What will money look like hundreds of years from now?
You cannot make bitcoin the currency for the world to use on a day to day basis for everyone but it can be used as an alternative and there will be no end to bitcoin until and unless there is a major flaw that is yet to be discovered. No everything will end and you do not need to be a genius to understand that digital and virtual forms will be the future  Tongue.

Cryptocurrency never ended how ever the reason because many investor like for investing their money in crypto, giving much profit its why many investor always like invest their money in bitcoin.
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September 21, 2019, 10:55:36 PM
 #35

Cryptocurrency keeps growing and the community is welcoming this technology. Though some countries are banning crypto, they are just few than those who believe and think about the good benefits we could get from here. In fact, some big online companies are using this one which means that they are giving their support for crypto and that is a big factor that could attract more users in the near future.

I supposed to think for the betterness of crypto community rather than to think for its distraction and vanishing moment cause I don't believe that it will take into that way easily and I really don't think so unless things will get worse.

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September 22, 2019, 01:31:54 AM
 #36

Money changed its shape through the history. As from non-monetary exchange to the need of having money. Fast forward to our current banknotes which are in my opinion slowly dying with bitcoin taking over. Many discussions are being held if bitcoin can be the primary currency in the world. Let's assume it can be. Everything has an end so what do you think will come after bitcoin? What will money look like hundreds of years from now? I predict its gonna be digital of course but I'm interested if its going to be a cryptocurrency or something else.

This is a really good question, but I'm afraid it's too far into the future to make an accurate enough prediction.
I'm sure that Bitcoin is just a catalyst for the next evolution within the bartering system, because I'm pretty sure the world would collapse without some form of money in place.
  In the movie "Demolition Man" Tacobell wins the franchise wars and toilet paper is replaced with 3 sea shells, but money? Most likely money will be completely digital, a cashless future. Who really knows though, I don't write the scripts, I just do my best to follow them. I know physical cash will disappear, so most likely it will be a virtual alternative to crypto. If they ever create A.I and robotics that replicate everything humans can do, then I'm sure crypto will probably die, and be replaced with a basic universal monetary income based off merit, probably similar to China's merit system.

Just my opinion of course, I couldn't imagine a world without currency, it would be terrible. I mean we live in a "material world".   Wink

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September 22, 2019, 01:40:15 AM
 #37

Money changed its shape through the history. As from non-monetary exchange to the need of having money. Fast forward to our current banknotes which are in my opinion slowly dying with bitcoin taking over. Many discussions are being held if bitcoin can be the primary currency in the world. Let's assume it can be. Everything has an end so what do you think will come after bitcoin? What will money look like hundreds of years from now? I predict its gonna be digital of course but I'm interested if its going to be a cryptocurrency or something else.

A digital currency will still be the form of money that we will have in the future for sure. It might still be cryptocurrency but a much more improved one. I am imagining a cryptocurrency that can process millions of transactions per second and can process them in an instant. I guess that is going to happens several decades later though. That would be the world of our children and our children's children. But still the footprints of Satoshi's Bitcoin will still be in there.  
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September 22, 2019, 02:11:42 AM
 #38

Oh an interesting question. I also thought about this. What is called money is essentially a convention of trading. But evolution never reuses and makes exchanges and transactions easier and more convenient. I don't know what it will be, but certainly countries will not use cash in the future.
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September 22, 2019, 04:00:30 AM
 #39

Bitcoin is in early stage and money still be use, bitcoin related with internet connection, electricity and also green environment. One think i knew in my country after bitcoin appears, maybe our goverment not accepted cryptocurrency. But bitcoin inspire some people to make electronic money and accepted in my country. In my case, electronic money is diffrent with crypto although almost several same method

paper money will still used, and make bitcoin as world money need more research not only in crypto it self.

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September 22, 2019, 04:57:51 AM
 #40

cryptocurrencies, it could change the whole world. We will live in an online currency world. No one will ever use paper money anymore. All parameters executed within a few seconds, without waiting for the payment to be confirmed immediately.

There are still those instances that we are still waiting for our transactions to be confirmed.

Cryptocurrency is here for years now and nothing changes.

The only technology related to cryptocurrency that will be beneficial in the future will be the Blockchain technology. Even if cryptocurrency dies, I don't think this technology will be dead as well, it will live.
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