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Author Topic: Are you sure crypto is the future currency?  (Read 2413 times)
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September 19, 2020, 06:41:42 PM
 #341

I believe that crypto is very much needed in the future, now that many countries around the world have started to adopt blockchain technology, acknowledging that crypto has a good future, especially about bitcoin. and over time I believe crypto can be accepted by the public too. but nowadays crypto is often used as an investment tool and not yet as an official currency.

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September 19, 2020, 06:50:36 PM
 #342

Crypto is still relatively very to the global economy and still, it acts as an unignorable part of the economy. As it is safe, secure, and not regulated by anyone so people loves to use it. The future of crypto will still depend on the decisions of the GOV. GOV will try to take control over it any way. But it is inevitable that crypto becoming stronger day by day.

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September 19, 2020, 06:51:10 PM
 #343

I believe crypto will become the currency of the future that replaces fiat money, especially since crypto first appeared, growing rapidly from year to year, it is only a matter of time for all countries to apply cryptocurrency as a medium of exchange.

I am totally agree with you mate, i am working in this field from last 3 years where i seen the several pumping and dumping of market and alt coins movements, scam of ICO's, new IEO projects bounty projects. Those all things making this crypto market more stronger and bigger making it stabilization. Now, just need some times to all have applied and using crypto as a medium of exchanges and making transaction through it.


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September 19, 2020, 07:34:18 PM
 #344

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.

Cryptocurrency is not the currency of the future, it has long been the currency of the present. I pay through bitcoin and other cryptocurrencies for almost all services that I need during the day. Yes, I can't pay in the store yet, but for example, you can pay for an apartment with cryptocurrency for a long time, and this is great.
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September 19, 2020, 09:30:06 PM
 #345

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.

Cryptocurrency is not the currency of the future, it has long been the currency of the present. I pay through bitcoin and other cryptocurrencies for almost all services that I need during the day. Yes, I can't pay in the store yet, but for example, you can pay for an apartment with cryptocurrency for a long time, and this is great.

I find that had to believe that you make purchase of almost all services you need during the day with btc and someone can pay for an apartment using btc, if this is true then it is really great to know, I also think crypto will be the preferred currency, maybe the currency won't be btc but some other cryptocurrency with very little transaction fee cost.
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September 29, 2020, 09:33:29 PM
 #346

not too sure because now digital currencies such as paypal, alipay and others have a lot of user bases and it seems like cryptocurrency doesn't have a user base like them, but if there are businesses from all cryptocurrency activist countries and there are rules about enforcement around the world I think cryptocurrency can beat them.

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October 02, 2020, 10:39:54 AM
 #347

we can see that technology is evolving.It's not wrong to believe that crypto is also the future,it's decentralized and i think it will survive or we can use in the future. Some of are smart,have ability and i think they can think where we can use cryptocurrency in anyway for the future.

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October 02, 2020, 12:01:22 PM
 #348

yes,looking at the way the world is going,in the nearest future crypto is going to dominate .
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October 02, 2020, 12:19:49 PM
 #349

Not really because crypto currencty will be a sort of like a investment or a digital currency with volatile value and thia should only be used in this purpose or it could be a means for payment.

People can adapt cryptocurrency but the fiat currency still works best and never I think it could be change. We ca  do online transaction but I think never it will happen that digital currency like cryptocurrency will be the future currency.

Probably most online transaction or money if involved will definitely back up by the fiat currency and that is I am certain of course.
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October 02, 2020, 01:03:30 PM
 #350

Not really because crypto currencty will be a sort of like a investment or a digital currency with volatile value and thia should only be used in this purpose or it could be a means for payment.

People can adapt cryptocurrency but the fiat currency still works best and never I think it could be change. We ca  do online transaction but I think never it will happen that digital currency like cryptocurrency will be the future currency.

Probably most online transaction or money if involved will definitely back up by the fiat currency and that is I am certain of course.

I am torn between i will agree or i'll disagree with this statement. For now i maybe not so sure that this digital currency will become a legal matter here in our government because it is decentralized and i bet its the sole reason why government treat crypto as a threat to the government economy. From now i did not think of it seriously i'm just enjoying how cryptocurrency works now and i am also happy by how cryptocurrency projects its value though it may not as high as we expect.

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October 02, 2020, 01:11:12 PM
 #351

Yes, I agree with your statement, it is only a matter of time to find a suitable and usable place. This is based on the great interest of people who have felt the benefits of Crypto itself both trading and investing.

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October 02, 2020, 01:14:10 PM
 #352

Not really because crypto currencty will be a sort of like a investment or a digital currency with volatile value and thia should only be used in this purpose or it could be a means for payment.

People can adapt cryptocurrency but the fiat currency still works best and never I think it could be change. We ca  do online transaction but I think never it will happen that digital currency like cryptocurrency will be the future currency.

Probably most online transaction or money if involved will definitely back up by the fiat currency and that is I am certain of course.
So you don't think that we will be sending millions of dollars worth in value digitally like that shown in movies and also buying the day to day services with the same currency like that shown in Mr. Robot with E-coin. I guess it is going to be the future where cash will be ditched for the digital currencies but the world adapting cryptocurrencies in the mainstream isn't gonna happen for sure, the digital payments will be more like centralized payments where banks would rule as to how much money will be printed.

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October 02, 2020, 01:18:50 PM
 #353

I think cryptcurrency will be trending in the next few people many more people do not know what it really is used I am sure that it really has a future especially bitcoin did not know much bitcoin then but now it is too big new and many people already know it the price was very cheap then but now a piece of bitcoin is too expensive.

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October 02, 2020, 01:47:55 PM
 #354

as more of reference with news and sylabus on release from blockchain developer, parties with the business on different field might gains with chance as the decision of involvement as expecting to gains of extensive option with plan on working with the crypto finance.

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October 02, 2020, 02:21:03 PM
 #355

I think crypto will be one of the existing currency of the future. But I don't think it will be able to totally replace fiat money. Not yet in the near future maybe. Crypto must still show its potential to many and have mainstream adoption before it will be considered the currency of the future. With the development of crypto it is going there.

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October 02, 2020, 02:26:22 PM
 #356

I think crypto will be one of the existing currency of the future. But I don't think it will be able to totally replace fiat money. Not yet in the near future maybe. Crypto must still show its potential to many and have mainstream adoption before it will be considered the currency of the future. With the development of crypto it is going there.

I am not convinced if crypto will become a future currency but i am praying and hoping that crypto become an existing currency that we can use legally on our digital transactions. If it may happen this may become a great opportunity for each token developer to uplift the value of the token and also it was an opportunities for us as a traders and campaigners because this is what we are looking for, for a crypto to become legally adopted in our economy and in our day to day basis.

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October 02, 2020, 05:20:50 PM
 #357

I don't think that it will be the one future currency but definitely one of the many options of many, and I think that adoption will only keep increasing.

I'm already seeing that I could reach a point where I wouldn't have to use USD much to obtain services. With services like this, I could buy almost everything with BTC or BCH:
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October 02, 2020, 05:48:27 PM
 #358

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 believe that in the form as we now see and know cryptocurrencies, they cannot be accepted around the world. If cryptocurrencies are destined to be accepted, then most likely each country will have its own initial cryptocurrency. This is the more likely scenario for me. Well, the rest of the cryptocurrencies will most likely be used as they are now. For example, it is not profitable for countries to have a decentralized anonymous system, and I believe that over time, cryptocurrencies will be as centralized as possible and KYC will be needed for their use and trade. But as it actually will be, we will see for ourselves.
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October 02, 2020, 07:59:02 PM
 #359

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.

No one actually believed the internet will get to this stage. In fact many technological innovations today, many people doubted it while seeing it as a waste of time, but those who believed in it, still made sure it gets the required attention. What I am saying is, good technologies takes time to grow, and during its growth challenges and roadblocks will spring up, but slow and steadily, it wins.
If you take a look at the cryptocurrency space today and compare it to what was obtainable years ago, you will see the signs of progress amidst all the scams, hacks and so on. On the other hand, I do not think crypto can be recognised as an official currency of a country because it will likely challenge the powers of the government, and no government wants that. But in my own opinion, I believe crypto has come to stay and gradually it will continue to be used as a payment method in many platforms.
Nowadays the competition is rising, many people are seeing the need to use it because of the absence of a third-party; isn't that a great idea? Yes, crypto will serve a great purpose in the future but might it hard beating fiat.

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October 02, 2020, 08:01:48 PM
 #360

Here you can get the legal status of cryptos around the world : https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country_or_territory

But none of the government recognized bitcoin as legal curreny, they just allow cryptos in their country but as form of asset so there will be taxes also imposed based on the asset base.

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