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Author Topic: What will happen after cryptocurrency  (Read 1113 times)
Mulann2
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September 22, 2019, 12:20:10 PM
 #41

Crypto has just started to exist compare to fiat or other mode of transactions of past years, let it fully gain enough ground and widely adopted by many as a means of payment before wondering what will happen in years to come, but to attempt to answer your question, I believe a more sophisticated and entirely decentralized
 crypto will be available by then, am not a time traveler so it is hard to tell  Cool
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September 23, 2019, 04:14:05 AM
 #42

We are still new on the internet, and we even not yet to see cryptocurrency has been implemented in many countries. We need more time to see cryptocurrency growth more than now. We don't have any clue about the future, and we don't know yet. Cryptocurrency itself still younger and will need a long time to reach all people in the world. But we know that the new technology will always be invented and I think that cryptocurrency will start to bigger in the future. Maybe we will see some new thing inside the cryptocurrency. If that happens, then it will change the view of people in look about cryptocurrency.
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September 23, 2019, 05:14:13 AM
 #43

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.
Firstly, we have to agree on against bitcoin itself, is bitcoin deserve to be use as a currency or it is suitable for an investment place and we can equalize it with gold. For my perspective bitcoin is suitable to be use as an investment place or I can say it as gold in form of digital. Because with the value of bitcoin is really high and the payment proccess are very slow so I included bitcoin as an investment.

More than that with the regulation from the government it will make bitcoin get into trouble when we used it as a payment system or replace the function of currency. So, I can't imagine it although I'm the user of bitcoin and even I don't have any interest to make bitcoin as payment system. Bitcoin will be bitcoin at the longest and there is no new coin who can be able tp replace it.
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September 23, 2019, 05:35:23 AM
 #44

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.
Nope nothing will change from cryptocurrency because computer generation is the last this world can have so the crypto coin is the most appropriate to use than fiat

And besides why asked for hundred years after when we aren’t sure that this world will last that another long?this is why crypto community hard to progress because people tend to talk nonsense than the important things

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September 25, 2019, 12:50:34 AM
 #45

It will pretty much be what bitcoin and the blockchain is but the more advanced version of it and called something else. We will have better technology. It will still be cryptocurrency it will just work differently.


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.
Nope nothing will change from cryptocurrency because computer generation is the last this world can have so the crypto coin is the most appropriate to use than fiat

And besides why asked for hundred years after when we aren’t sure that this world will last that another long?this is why crypto community hard to progress because people tend to talk nonsense than the important things

It will have to be digital yes. You don't get anything besides that. Pretty silly question the OP asks. I agree with you. Too many people go on about nonesense instead of what is important and even ask questions that are just.... lol..... Things you would never thing of asking there will be some idiot asking it.  Grin

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September 25, 2019, 03:51:45 PM
 #46

In its current form, cryptocurrency is still too imperfect to replace traditional payment systems. A single currency, digital or any other, is possible only when all states are united in a single union or a single state. So far in the history of mankind we do not know a period without wars and constant hostility. If we can unite and tackle common problems, and not kill each other, only then we can think about common digital money. In the meantime, this is only a dream of romantics.
 They predict that soon we will begin to have problems with the climate, supplies of water, food and so on. If this comes true, then humanity can even forget about cryptocurrency again.
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September 26, 2019, 09:43:12 AM
 #47

It is difficult to say what will happen in the future. While cryptocurrencies are still banned in some countries for now and it's not really popular among people, the importance but the influence of bitcoin is undeniable. The technology is currently very rapidly developing, most likely cryptocurrencies will evolve along with it, even Facebook will create their own cryptocurrency. In my opinion, paper money will continue to be used in the future and will not be replaced while electronic money will be more widely available, trusted by people and used more in the future.

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September 26, 2019, 01:33:33 PM
 #48

Everything will seem to be unclear...not much sure that crypto will globally be accepted or just replaced by another one.
Crypto adoption and its journey is too far from its ends(IMO), for its 10 years from existence it is not enough to say that we are in the final stage of development. I have to think that we aren't far from the starting point and yet to think how much longer we've been reaching into its limit.

The answer to this question is still in the mind speculations. We really don't know what next and next.

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September 27, 2019, 07:06:04 AM
 #49

everyone has their own perceptions, just think positively and believe that bitcoin and cryptocurrency will always be there for everyone anytime and anywhere, will not be erased by the times ...
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September 27, 2019, 07:13:53 AM
 #50

Everything will seem to be unclear...not much sure that crypto will globally be accepted or just replaced by another one.
Crypto adoption and its journey is too far from its ends(IMO), for its 10 years from existence it is not enough to say that we are in the final stage of development. I have to think that we aren't far from the starting point and yet to think how much longer we've been reaching into its limit.

The answer to this question is still in the mind speculations. We really don't know what next and next.

It's a continuous process where the end users will dictates the actual fate of this industry. Everything that we've seen are all base from each and everyone's opinions, we are all free to speculate and thinks how this industry will proceed either way it will only be concluded once we see the
actual outcome. Still remains as a question with only those who manage to hold will see and get the answer after. Find your own destiny if you
are aiming for big success.

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September 27, 2019, 07:50:53 AM
 #51

i think in the future fiat money and cryptocurrency will develop in terms of its use. but I do not think that in the future fiat money will be replaced by digital currency because after all every means of payment requires physical form for all transactions. so I don't think fiat money will disappear, fiat money might develop even if it's just for use. and also Bitcoin is definitely developing, maybe in everything (my hope) Grin
Most countries will end up making their very own cryptocurrencies just like what the Venezuelan government did but am sure that they will let it run alongside their FIAT but one thing that I doubt is going to happen is if and whether they are going to make their cryptos decentralized as Bitcoins does.
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September 27, 2019, 08:32:45 AM
 #52

I think physical money will transform into digital money because we have the technology which still develops and growth. But unfortunately, digital money is not created by the government, and that will have much contradiction from the governments. Bitcoin has a chance to be the digital money in online and offline life, but if the government does not approve the existence of cryptocurrency, then it will go to the dream only. But we already see that some merchant has accepted cryptocurrency and they use bitcoin as the new option of the payment method.
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September 27, 2019, 08:51:20 AM
 #53

I think physical money will transform into digital money because we have the technology which still develops and growth. But unfortunately, digital money is not created by the government, and that will have much contradiction from the governments. Bitcoin has a chance to be the digital money in online and offline life, but if the government does not approve the existence of cryptocurrency, then it will go to the dream only. But we already see that some merchant has accepted cryptocurrency and they use bitcoin as the new option of the payment method.

The whole point of Bitcoin is the permissionless aspect...Use of bitcoin does not require government permission....

Sure banking cartels who largely own all world government are attempting to undermine Bitcoin at many levels...

The bank cartels can only create so much fiat currency before it becomes worthless.

The problem for banksters is bitcoin turns each individual into his own Swiss bank.

Governments may try to take over bitcoin mining, but it is more likely we will see Elon Musk launch some private crypto mining space stations.
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September 27, 2019, 03:01:50 PM
 #54

It is difficult to say what will happen in the future. While cryptocurrencies are still banned in some countries for now and it's not really popular among people, the importance but the influence of bitcoin is undeniable. The technology is currently very rapidly developing, most likely cryptocurrencies will evolve along with it, even Facebook will create their own cryptocurrency. In my opinion, paper money will continue to be used in the future and will not be replaced while electronic money will be more widely available, trusted by people and used more in the future.
Cryptocurrency naturally is meant to be an alternative as designed by the great satoshi and this is how it will remain even with very high adoption rate. This will be the major two system that will be recognized worldwide. The cryptocurrency will be for those group of people that are educated and the technologically inclined while the fiat will remain that old system of making payment manually by those who would find it very difficult to make use o cryptocurrency for their payments.

Merchants will definitely have two payment options, one will be cash while the other will be Cryptocurrency and it is left for the user to go for the one that is next comfortable for him to her, but then, only bitcoin will be recognized because I don't really see the government supporting any other cryptocurrency other than this one.

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September 27, 2019, 04:34:52 PM
 #55

I think physical money will transform into digital money because we have the technology which still develops and growth. But unfortunately, digital money is not created by the government, and that will have much contradiction from the governments. Bitcoin has a chance to be the digital money in online and offline life, but if the government does not approve the existence of cryptocurrency, then it will go to the dream only. But we already see that some merchant has accepted cryptocurrency and they use bitcoin as the new option of the payment method.
Fiat will still remain as I think, fiat will still be valuable. For the case that cryptocurrencies are only applicable to online transactions, it is no doubt that a lot of people will still be using fiat. Of course, we don't have a real crypto coin, they are all in a digital form not unless if all establishments will run into this but I know they don't.
I only just thinking that crypto will lead to all online transactions, that would be enough and to be considered (fully) as a currency is a big achievement for crypto.
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September 27, 2019, 04:45:33 PM
 #56

Just think of the evolution. From stone age, we had coins that got changed to metal coins. Later as the development kept progressive we got our paper currency. The same later got its digital version. Beyond this wallets came into existence which made everything much easier. Even after such a long transformation there were some unfulfilled features. This was fulfilled by the existence of cryptocurrency. Next to cryptocurrency the discussions were based on the quantum computing. Only the time can get us the answer for this.

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September 27, 2019, 04:54:17 PM
 #57

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.
Cryptocurrencies aren't taking over "banknotes", they are becoming more and more popular, but to claim that fiat is dying down due to the emergence of bitcoin is making an absolute mistake.

We can not predict what will happen in the next decade or century, the direction money or means of payment will take is not known to anyone and any statement on it is just speculations, but there is every tendency for digital forms to be more appreciated and used then, as its growth even at the moment looks unstoppable and not in doubt.

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September 27, 2019, 05:32:58 PM
 #58

That's a very far future question. I think it will evolve to be much better and easier.
But, don't know how will it end?
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September 27, 2019, 05:54:23 PM
 #59

Blockchain is great technology
Blockchain provide transparency and security so much needed in financial world
I don"t think bitcoin can be main currency of the world.It will die because of regulation then.Much better if bitcoin will stay like an alternative
i only hope that corporations  pseudo cryptocurrencies like libra are not future of money
World owned by corporations are worst nightmare to me

 
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September 27, 2019, 06:07:31 PM
 #60

Fast forward to our current banknotes which are in my opinion slowly dying with bitcoin taking over.

That's a really bold assumption, cause I don't see any signs of Bitcoin taking over anything - I've joined this community more than 3 years ago, and I feel like global adoption barely changed. Back then people were discussing how soon Bitcoin will replace fiat, and here we are in 2019, when Bitcoin is still mostly used for speculation. To start asking what will be after Bitcoin, Bitcoin needs to become big first,  otherwise this question isn't really relevant.
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