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Author Topic: Are you sure crypto is the future currency?  (Read 2413 times)
drlukacs
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January 19, 2020, 06:45:46 AM
 #61

I completely agree that crypto will be the currency of the future. Cryptocurrencies are already used all over the world and constantly more and more countries begin to legalize cryptocurrencies and recognize them as official currencies, this is just a matter of time when the whole world will already fully begin to use cryptocurrencies with its full potential.
I never believe that Bitcoin or crypto is the future currency. You should know that crytocurrencies are tools for blockchain technology to be implemented. So any bank can create its own blockchain technology and make deposits and withdrawals quickly and across countries. It is only because each country has a separate regulation, so it is difficult to link banks together, besides, the bank has enough ability to do this.
One more thing, cryptocurrencies are highly volatile assets so people don't want to use them in payments. So stop dreaming about a great future for crypto, it won't come true.

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January 19, 2020, 06:52:07 AM
 #62

Cryptocurrency has a chance to be the future currency as the crypto can give a new solution in the financial economy for each people who want to search a source of income. And now, with the increasing of bitcoin and altcoin price, that will be a good sign for every people that soon, the market will have a bullish trend like before. Although bitcoin and altcoin still have volatility, it doesn't mean that if the price is down, it will not have a chance to increase back, and it proves by now. We see that the market has a green candle for the coin, and soon, we will see the bull run will come.

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January 19, 2020, 06:53:25 AM
 #63

Why not? I believe that crypto is future currency.all over the world people can use crypto. Think if are from India you can use your currency in india.If you visit others country you have to convert your money.in this case crypto is very easy to use.also you can control your own money,low fee,low time etc.there are lot of benifits of crypto.Not now but near future crypto will be the future currency.                    

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January 19, 2020, 06:55:57 AM
 #64

I completely agree that crypto will be the currency of the future. Cryptocurrencies are already used all over the world and constantly more and more countries begin to legalize cryptocurrencies and recognize them as official currencies, this is just a matter of time when the whole world will already fully begin to use cryptocurrencies with its full potential.
I never believe that Bitcoin or crypto is the future currency. You should know that crytocurrencies are tools for blockchain technology to be implemented. So any bank can create its own blockchain technology and make deposits and withdrawals quickly and across countries. It is only because each country has a separate regulation, so it is difficult to link banks together, besides, the bank has enough ability to do this.
One more thing, cryptocurrencies are highly volatile assets so people don't want to use them in payments. So stop dreaming about a great future for crypto, it won't come true.
maybe the true tendency is for legal crypto made by the government, not the crypto that we know today, as you wrote, constant volatility will only make cryptocurency only be treated as an asset in the future. Blockchain technology that is legally created has a patent that can be applied together, not all countries can make the same thing if the system already has an authentic patent basis.

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nicolas1979
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January 19, 2020, 07:14:28 AM
 #65

In my mind crypto have good progress than other financial instrument, from popularity, benefits and they already have fundamental foundation for next step. I believe crypto will pass commodity or stock, until now crypto still become primary choice for all economy transactions out side currency and oil. Crypto can't beat currency but the technology can replace all system transaction we have today. If regulation release, the bridge to become future currency will bright, just wait that moment.

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anjiitem
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January 19, 2020, 07:36:53 AM
 #66

I think cryptocurrency has indeed become one of the currencies in the future because with cryptocurrency people can make transactions easily with large distances. Money transfers will become easier, faster and more efficient, now many platforms are developing technology from cryptocurrency to developing multiple platforms so that they can become more widely used.
That is something that will be very useful later where we can make transfers or payments using cryptocurrency from anywhere using the internet network. But, I think it might be difficult for cryptocurrency to be accepted in some countries because the price is fluctuating and can change at any time and also the internet is needed to do it and maybe this will be difficult for remote areas that have not had an internet network there.

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January 19, 2020, 09:53:41 AM
 #67

This can happen because the development of the cryptocurrency world is increasingly fast so that many people around the world have started to recognize it, if crypto in the currency for the future then this need a very long process for the government to Formalize it, especially today all countries already have their respective currencies so many considerations from the government.
yes, for example the crypto currency will become money in the future indeed it takes time and also requires consideration for other countries because indeed in each country already has their own currency, but with the development of technology that is in this world maybe it could happen, even though it takes a long time to make crypto money as usable as fiat money, even though some countries have been able to use it as a means of payment.

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January 19, 2020, 09:54:56 AM
 #68

Yes, I believe cryptocurrency is the currency of the future. It has solved some of the problems of the traditional currency and can solve more. I think it’s going to be a currency of choice. It wouldn’t totally eliminate Fiat. It's going to be a long process but it will get there.
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January 19, 2020, 09:58:37 AM
 #69

Cryptocurrencies are already used all over the world and constantly more and more countries begin to legalize cryptocurrencies and recognize them as official currencies
I'm not sure though. Can you elaborate on your statement with solid data? I don't see countries recognizing Bitcoin as their official currency (yet) but it just doesn't make sense to me. Please don't count China "crypto" as cryptocurrency. It's meaningless in my opinion. China planned crypto is just another way for the government to track their citizen financial transaction and that's isn't the spirit of cryptocurrency at all.
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January 19, 2020, 10:02:34 AM
 #70

if bitcoin and cryptocurrency use less costs because the price is increasing it might be worthy of being a currency, it looks like we need something crypto currency that actually uses even smaller costs, I think bitcoin and other crypto currencies are worth expensive in the future, it's better to be a safe digital asset that is easily stored for resale at any time when the price is expensive

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January 19, 2020, 10:09:00 AM
 #71

I completely agree that crypto will be the currency of the future. Cryptocurrencies are already used all over the world and constantly more and more countries begin to legalize cryptocurrencies and recognize them as official currencies, this is just a matter of time when the whole world will already fully begin to use cryptocurrencies with its full potential.
Absolutely, crypto currencies developed day by day, people's need to understanding more what is crypto! Then legally allowable every country, and i believe crypto is future digital currency              

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January 19, 2020, 11:01:04 AM
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 #72

I completely agree that crypto will be the currency of the future. Cryptocurrencies are already used all over the world and constantly more and more countries begin to legalize cryptocurrencies and recognize them as official currencies, this is just a matter of time when the whole world will already fully begin to use cryptocurrencies with its full potential.
Can't agree no more. If this legalization of cryptocurrency will continue and spread among different countries, the recognition from the public will surely increase and we will be able to achieve mass adoption. Aside from time, we also need more governments to understand and accept crypto. They are a big step for mass adoption. Some governments may disagree with crypto for now, but when technology becomes more advance and innovative,they will end up accepting cryptocurrency. They might also end up creating their own centralized cryptocurrency if they doesn't want decentralized one.
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January 19, 2020, 11:14:00 AM
 #73

Yes, it would be more appropriate to be like this. Already, it is possible to see places where crypto is accepted and used as a payment today. For now, although these places are few, they will spread wider as time goes by and gain superiority. So, if states do not make unnecessary decisions on this issue, crypto will make its own way without needing their support.
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January 19, 2020, 11:19:49 AM
 #74

I'm 100% sure that everyone here will say that Cryptocurrency is the future currency, but I still want to retain fiat, there are a lot of circumstances and places  that fiat should be used, they can co-exist and it's better than way.
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January 19, 2020, 11:23:17 AM
 #75

I fully agree that crypto will be the currency of the future. The important issue is who is the issuer. If the government of each country is the issuer, how is it different from the current banking system?
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January 19, 2020, 11:56:07 AM
 #76

There is a possibility that crypto will be the future of currency unless someone created a better means of recording stuff with the same property as what is crypto blockchain today.  Something that is more economical and does not need billions of dollars to operate and secure the network and something that is hack resistant and at the same time quantum computer resistant.
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January 19, 2020, 12:07:58 PM
 #77

I completely agree that crypto will be the currency of the future. Cryptocurrencies are already used all over the world and constantly more and more countries begin to legalize cryptocurrencies and recognize them as official currencies, this is just a matter of time when the whole world will already fully begin to use cryptocurrencies with its full potential.
yes, i agree to you with less transaction fee and fast transaction for sure cryptocurrency will replace fiat in the future, and  alot of countries are now accepting cryptocurrency as a payment system.

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January 19, 2020, 12:16:42 PM
 #78

There is nothing certain in this world: crypto certainly has great potential, but it collides with enormous political and economic interests.
It could only be successful when it became truly public, but the road is still long.

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January 19, 2020, 01:07:22 PM
 #79

I'm still not 100% sure, cryptocurrencies will be the future because you can see cryptocurrencies as enemies of the bank, only when this problem is solved, I am 100% sure of cryptocurrencies will be popular in the world, because it's superior to fiat

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January 19, 2020, 01:33:53 PM
Last edit: January 19, 2020, 01:44:13 PM by Spider A4
 #80

Legally or illegally cryptocurrencies is highly using virtual currency in the whole of the word, there are no doubt to agree that point. Definitely i believe crypto have bright future. I don't think one day crypto will official currency, such no chances in the future for many issues, biggest obstacle is government. People thinking Crypto can be big competitor for the fiat money. Crypto is going gradually recover hopefully we are near in bull run.
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