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Author Topic: The Future of Crytopcurrency  (Read 1477 times)
Renampun
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June 16, 2020, 06:15:01 PM
 #101

...
we are heading there...
Humans are creatures that must constantly adapt to new things and cryptocurrencies are new things, if people say cryptocurrencies will get rid of fiat money they are wrong. cryptocurrencies in the future are alternative currencies that will definitely be used for certain transactions.

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LbtalkL
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June 16, 2020, 07:49:23 PM
 #102

I am positive, so yes cryptocurrency is the future, or should I say it will surely in exist the future. In fact, some countries like China are already developing their own digital currency to be precise they are tokenizing their national currency. But due to COVID crisis there are some delays in that development but I guess it will be coming soon. I know it has centralized nature because it controlled by the government but still it is a cryptocurrency it gives positive views on people.
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June 16, 2020, 09:05:27 PM
 #103

I think cryptocurrency will increasingly develop in the future more and more people are using cryptocurrency and technology owned by cryptocurrency, you should know that now many countries have started to reduce the use of paper money and many have switched to digital currencies and in my opinion digital currency can be said to be cryptocurrency even though it uses different technology but there are many similarities.
That is right number of members is increasing from day to day, which means everybody is interested in this world. They want to be part of the crypto-world. But the bad news is not every country is so kind to cryptocurrencies. However, as you above mentioned there are also some governments, which have switched to cryptocurrency. l believe that cryptocurrencies will be with us for many years.

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June 16, 2020, 10:15:34 PM
 #104

I am positive, so yes cryptocurrency is the future, or should I say it will surely in exist the future. In fact, some countries like China are already developing their own digital currency to be precise they are tokenizing their national currency. But due to COVID crisis there are some delays in that development but I guess it will be coming soon. I know it has centralized nature because it controlled by the government but still it is a cryptocurrency it gives positive views on people.

I've read in the article site, there is also digital dollar. This is besides what we are using as stablecoins today, this digital dollar must be for the people in US to regularly use everyday. If the news is true, the adoption of crypto might just be a click away. The covid pandemic somehow had made some positive sides with regards to cashless transactions.
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June 16, 2020, 10:19:44 PM
 #105

I projected crypto existence to have it stays longer and more decades to come. We aren't yet into fully develop that we think for the coming dead but the opposite to see a growing and stable market to see in the future. Some people didn't appreciate it these days but soon realize how this crypto having an important role in the community and in this new normal that we are engaging with.
In this new era, we can say how this crypto changing a lot and particularly the change of payment system which could make us fast, easy, and in a very comfortable way.
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June 16, 2020, 11:17:08 PM
 #106

...
we are heading there...
Humans are creatures that must constantly adapt to new things and cryptocurrencies are new things, if people say cryptocurrencies will get rid of fiat money they are wrong. cryptocurrencies in the future are alternative currencies that will definitely be used for certain transactions.
Don't you think we have coins that's more than we are using? In the future we could use some coins, but the only question is which coin. Every day new coins are coming, new coins have more features than older coins and more features mean these are easy to use. Older coin features are also included in the new one, so definitely the old one could be valueless. That's how cryptocurrency is becoming our future coin.
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June 16, 2020, 11:29:47 PM
 #107

The blockchain technology used by cryptocurrency is still in the development stage, many countries in the world are studying it.
This is one proof that cryptocurrency will continue to grow, it's clear the future of cryptocurrency is very promising. I am sure
that in the future cryptocurrency will be used as an alternative payment, it is not even impossible cryptocurrency can replace fiat.
But it takes a long time to reach that stage.

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June 17, 2020, 02:24:13 AM
 #108

If you add speed and spread to the public, then the future is cryptocurrency.
More likely, but for sure it takes time. And for me, even cryptocurrency will be widely spread to the public in the future, the traditional way will still not go away, it's still there. That's what I am thinking also in cryptocurrency, it's still like neutral, you can use it or not, you will gonna be decide on it.

Decentralization will still preserve because that's they started the idea behind Cryptocurrency. even though the intervention of the government will come, there will be still some people who create their version of it in the decentralization method. As of now, the decentralization exchanges have gained popularity because lots of holders are getting used to it now.

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June 17, 2020, 08:36:05 AM
 #109

I am positive, so yes cryptocurrency is the future, or should I say it will surely in exist the future. In fact, some countries like China are already developing their own digital currency to be precise they are tokenizing their national currency. But due to COVID crisis there are some delays in that development but I guess it will be coming soon. I know it has centralized nature because it controlled by the government but still it is a cryptocurrency it gives positive views on people.

I've read in the article site, there is also digital dollar. This is besides what we are using as stablecoins today, this digital dollar must be for the people in US to regularly use everyday. If the news is true, the adoption of crypto might just be a click away. The covid pandemic somehow had made some positive sides with regards to cashless transactions.
I didn't even think if the digital dollar officially issued by the FED. we know that how the FED was very contradicted with anything related to the digitalization. That's only a news that must be verified.

There was no any big news related to the digital dollars these days

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June 17, 2020, 08:31:44 PM
 #110

The blockchain technology used by cryptocurrency is still in the development stage, many countries in the world are studying it.
This is one proof that cryptocurrency will continue to grow, it's clear the future of cryptocurrency is very promising. I am sure
that in the future cryptocurrency will be used as an alternative payment, it is not even impossible cryptocurrency can replace fiat.
But it takes a long time to reach that stage.
In order for cryptocurrency to replace fiat money, it will take 10-20 years. The global financial system is too slow and it is not able to change itself very quickly. so we all need to find patience


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June 17, 2020, 09:02:56 PM
 #111

As per the time, the world is changing so fast and during this time the cryptocurrency has been evolving and reaching towards everyone. As of now, many countries have started supporting cryptocurrency. So we can hope that within 10 years, many countries would replace their fiat with cryptocurrency.
The future of crypto is surely bright as so many people are now buying crypto and investing in it. I am sure in very near future bitcoin will become the most famous crypto all other also important but the best one is bitcoin.  I can see in future people will start using bitcoin as legal currency as even now so many are buying and selling with bitcoin so it shows the future of crypto is so bright.
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June 18, 2020, 03:34:15 AM
 #112

The blockchain technology used by cryptocurrency is still in the development stage, many countries in the world are studying it.
This is one proof that cryptocurrency will continue to grow, it's clear the future of cryptocurrency is very promising. I am sure
that in the future cryptocurrency will be used as an alternative payment, it is not even impossible cryptocurrency can replace fiat.
But it takes a long time to reach that stage.
In order for cryptocurrency to replace fiat money, it will take 10-20 years. The global financial system is too slow and it is not able to change itself very quickly. so we all need to find patience
10-20 years maybe inaccurate. We just can't tell exactly the time that cryptocurrency can partly replace fiat money in term of payment method. However, it's probably that we say it can't be completed in the near future since a lot of things are going on in the world. Furthermore, in order for cryptocurrency to be widely accepted, it requires a lot of combined actions from different sides (governments, developers, users,..).

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June 18, 2020, 05:06:15 AM
 #113

Due to based on digital, many countries has adopted crypto currency, lot of  work has been paper less.we should be thinking positive. So may be it will take time to grow up & give good earnings in future. I think so.
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June 18, 2020, 05:47:10 AM
 #114

Due to based on digital, many countries has adopted crypto currency, lot of  work has been paper less.we should be thinking positive. So may be it will take time to grow up & give good earnings in future. I think so.
Yes, in general there are already several countries that have adopted crypto currencies, but if we look in detail there are still many countries that have not adopted crypto currencies because each country has different government rules.
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June 18, 2020, 09:46:06 AM
 #115

With blockchain data can be stored in a decentralized public book.

With cryptocurrency, we can make anonymous transactions without centralized intervention.

If you add speed and spread to the public, then the future is cryptocurrency.

How do you think?
The only thing I'm worried about is the safety of incoming investors, I think the freedom from decentralized projects is why scammers roam free in this space and that's why many hope for regulations, so as to at least reduce money embezzling and hijacking in crypto space

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June 18, 2020, 11:39:52 AM
 #116

As per the time, the world is changing so fast and during this time the cryptocurrency has been evolving and reaching towards everyone. As of now, many countries have started supporting cryptocurrency. So we can hope that within 10 years, many countries would replace their fiat with cryptocurrency.
The future of crypto is surely bright as so many people are now buying crypto and investing in it. I am sure in very near future bitcoin will become the most famous crypto all other also important but the best one is bitcoin.  I can see in future people will start using bitcoin as legal currency as even now so many are buying and selling with bitcoin so it shows the future of crypto is so bright.
I agree with you. Crypto market is becoming a place chosen by a lot of investors, and there will surely be a lot of investors participating in the near future. However, before choosing to invest, you should consider carefully because this market is not an easy place to make a profit, and if there is a mistake, you will certainly lose money easily. After all, the crypto market is where I've been with for so long, so I'll always choose to invest even if I have money.






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June 18, 2020, 04:03:29 PM
 #117

Due to based on digital, many countries has adopted crypto currency, lot of  work has been paper less.we should be thinking positive. So may be it will take time to grow up & give good earnings in future. I think so.
Yes, in general there are already several countries that have adopted crypto currencies, but if we look in detail there are still many countries that have not adopted crypto currencies because each country has different government rules.
Actually, to adapt as a means of payment from each country is not an easy thing and seems impossible because it will later change the structure of the existing order. of course the main hope is that support from all countries is not necessarily the hope that they can fully support it like Japan. now almost every country has begun to develop and new projects and ideas have emerged

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June 18, 2020, 04:33:08 PM
 #118


 I do not think we need some sort of crypto currency adoption on all shops type of adoption. We could just have some sort of card system in that nation having bitcoin refilling option and thats enough, which was done in Japan and worked wonders. In every nation there are companies where you get a card and you purchase stuff with that card, not really related to bank, its like gift card looking card but you can spend it on thousands of stores (yet can't spend it on many places obviously) with that card if you can fill with bitcoin you can go to any place that accepts it and spend from that card and basically you used bitcoin to pay for it. Hopefully that could get a lot more common in the future and we could simply live with purely on crypto.

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June 18, 2020, 04:37:35 PM
 #119

With blockchain data can be stored in a decentralized public book.

With cryptocurrency, we can make anonymous transactions without centralized intervention.

If you add speed and spread to the public, then the future is cryptocurrency.

How do you think?

Yes, no doubt here and its already spreading massively specially in this pandemic period. From this time people use to think alternative way of income by investment so that their main target now online platform and crypto is first number here.

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June 18, 2020, 06:48:14 PM
 #120

World is changing faster than it used to, it became an exponential speed of inventions as well. Just 500 years ago it was difficult to communicate with people, from sending mails to using .. birds, yes birds. Now you can just face time each other. From travelling on horse which wasn't really an easy thing to buy, to flying, yes FLYING on air to any nation you want.

Well, finance couldn't stay the same, finance people wanted it to stay the same because they were making a ton of profit but its going to become more startup world in there as well and crypto currency is the thing we will use during that moment. Everything will slowly turn into a crypto adopted thing, not going to remove fiat obviously but crypto will be available everywhere in the world.

Covid19 triggered slow economic is somehow impacting on the future of cryptocurrencies even bitcoin prices are doing good and as per expected. So, even we are not going to steep rising of cryptos from here, I am sure we are not going to see any major downfall as well.
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