The Future of Bitcoin Technology.

[erikoy]

Opinions vary about digital currencies, but certainly in the future, digital currencies will become in everyone s hands, and governments will seek to regulate this technology in a certain way in proportion to their local currencies, and dealing in local currencies may be abolished. As for individuals, they will be able to find more job opportunities and it will be easy to obtain these currencies at  everybody.

No, it can never happen to abolish fiat currency and replace it with digital currency. yes, digital currency will play a big roles in doing smooth transactions but it should only be backed up by fiat currency. This is the usual things happen especially with the banks. They could not generate digital currency with no fiat currency being held and usually placed securely in their vault. Anyway, it is still best to have a choice rather than with no choice at all between using fiat currency or digital currency. Both options are having advatange that suits to a.certain transaction.

[Wawa2013]

I think Bitcoin technology will be difficult for the government to accept, it has been proven that until now only a few countries have
legalized Bitcoin. Because Bitcoin technology is very transparent and cannot be controlled by anyone, it is very against the will of the
government. That is, too many corrupt politicians control the government. For businesses and individuals Bitcoin technology is highly
accepted well, because it is proven to be safer, more effective and efficient than fiat currency. Regarding world bodies only UNICEF will
accept Bitcoin technology to my knowledge until now. So Bitcoin has a long way to go and the future of Bitcoin is still difficult to predict.

[Shiftal]

The future of bitcoin technology has been a successful venture for many and it is one of the types of investment that one can invest and trade in the world of investing and growing your money. The future actually depends upon many factors, there are so many cryptocurrencies exchanges platform out there which provide 3 major types of cryptocurrency exchanges, which are Centralized, Decentralized, and Peer-to-Peer. As per opinion, the future of Bitcoin technology is P2P crypto as it operates on a decentralized mechanism and allow buyer and seller to trade directly without the involvement of any third party. Globally, the P2P crypto trading market is growing on a huge scale and the no of trade is increasing day by day. according to a recent survey, the no of trades has grown globally to 65% within a year and 72% of all BTC trading happened in the top 5 countries that are USD, Russia, UK China, and Venezuela. So future looks promising to me.

Have a safe trading.

[cTrade]

I partially agree with the previous statement.
At the moment, Bitcoin is convenient for everyone, it is growing and will continue to grow.
But how long will this last? Why and how things will continue. A philosophical question to which we will not know the answer until something happens.
The only thing I can say ... now it is convenient and profitable and you need to use it.

[roadrunnerjaiv2025]

Most of us already have an idea of how this revolution is going to affect the world. In fact, we're already seeing some of that happen, but like what I've always been saying, we're still too far from experiencing any significant developments. But we'll get there alright. Introducing bitcoin and replacing fiat currency with it is like putting an end to an age-old religion or culture. It's going to take a very long time, maybe as much as it took us to adopt the present-day currency.

[goldade]

Truly, it has been said that we should create the future we want to see. In order words, if you want tomorrow to be great, then start working on it today.

That is how the software industry has developed and transformed from one forms to another until we now have the powerful software that support bitcoin, which are; Blockchain, Cryptography and Internet.

Here are what I’m thinking. The future is not far from us in software technological breakthrough.

1.The future of work is Contributor and not employee.
2.The future of platforms, systems and institutions is decentralization and not centralization.
3.The future of contract is smart contract and not trust contract.
4.The future of money is crypto and not fiat.


In your own opinion, what will be the impact of this revolution to ;
1.The governments.
2.To business.
3.To Individuals.
4.To World bodies such as IMF, UN, WTO etc

The impact of this revolution is already in play, only that it is still insignificant.
To the governments, just like we are seeing now, they won't readily accept this change as it is a blow to the system they've worked hard to put in place. The government wants to control everything and so a decentralized system isn't one they'll accept quite easily.
To businesses, only those who embrace this changes will get to enjoy its benefits. Everyone knows the world is changing and unless you move with the flow, you'd be left behind. Businesses that choose to ignore these changes will bear with the consequences that follow.
To individuals, just like businesses, only those who embrace these changes will enjoy

[tbterryboy]

I don’t really agree with some of your points. The number one point you made, about works becoming all about contributors and not employees, I somehow agree with that, but it’s not going to be a system that will be fully applied, there will still be employees.

We already have that system, and that’s what we call freelancers, people who work according to their own terms and not based on what the employees sets as rules. Then as for the second point about things being decentralized, I don’t know about that, it’s something that is left for the government to decide, which I know they wouldn’t agree to, but I’d say thing will be balanced between the two. Can’t say much about the third, I think it’s right, then as for the last point, I still think that things will be balanced between the two.

[rexxarofmoknathal]

1.The future of work is Contributor and not employee.
2.The future of platforms, systems and institutions is decentralization and not centralization.
3.The future of contract is smart contract and not trust contract.
4.The future of money is crypto and not fiat.

I think as an overall prediction of what the future might look like for the blockchain technology is bright. I agree with your prediction that the future is leaning towards centralised platforms and smart contracts. Also, digital currency becoming a larger proportion of the monetised circulation. However, one thing to point out is that these might all be taking some unpredicted amount of time before they become noticeable

[Shohanur]

As people are running with digital world, digital payment methods are very important. At this stage bitcoin is the best alternative. It is helping us and moving our life.

[jekainvestor]

Truly, it has been said that we should create the future we want to see. In order words, if you want tomorrow to be great, then start working on it today.

That is how the software industry has developed and transformed from one forms to another until we now have the powerful software that support bitcoin, which are; Blockchain, Cryptography and Internet.

Here are what I’m thinking. The future is not far from us in software technological breakthrough.

1.The future of work is Contributor and not employee.
2.The future of platforms, systems and institutions is decentralization and not centralization.
3.The future of contract is smart contract and not trust contract.
4.The future of money is crypto and not fiat.


In your own opinion, what will be the impact of this revolution to ;
1.The governments.
2.To business.
3.To Individuals.
4.To World bodies such as IMF, UN, WTO etc

Personally I think that everything is changing very rapidly and dynamically. Of course I am not sure that fiat will be totaly excluded one day. May be in a far far future. We see such a tendancy that online activity and online payments are going to become more preferable for lots of people step by step more and more. and of course lots of people prefer decentralization to the centralized systems and institutions, but it is hard to imagine that one day all decentralized systems, crypto and so on will replace centralized systems and institutions, money, government. Of course they (governments, politicians)  will try to do their best to limit all this possible impact, because it will change totaly not only systems, but whole people and the whole World. But for the business and individuals it would be a great chance to build something new, something perspective and useful for us and next generations.

[ufaiz50]

From this we can see that the decentral system is more favored by users than the central system. As for the problem, and apparently I don't know because based on your thinking about "the future" you don't have a broad picture of how things will change. I think the future is also based on how much things will change and for the future of money in my opinion is digital currency than cash.

[GeorgeJohn]

Truly, it has been said that we should create the future we want to see. In order words, if you want tomorrow to be great, then start working on it today.

Brother, I like people with wisdom and much understanding, I applaud you so much concerning this statement, that says "create the future we want to see"
See everyone have to be creative because buildings a future is like building a living house, and it will start with good agenda or plans.
Example many people invest in any platform concerning bitcoin or crptocurrency without examine the platform before investing, not knowing is a scammers platform,so base on lack of plans and observation before going into the platform, such causes wipe away of capital.
so therefore we have to planned our steps for betterment of tomorrow.

[Shiftal]

Trading with Cryptocurrency has been a successful venture for many and it is one of the types of investment that one can invest and trade in the world of investing and growing your money. The future actually depends upon many factors, there are so many cryptocurrencies exchanges platform out there which provide 3 major types of cryptocurrency exchanges, which are Centralized, Decentralized, and Peer-to-Peer. Future of Bitcoin technology is P2P crypto as it operates on a decentralized mechanism and allow buyer and seller to trade directly without the involvement of any third party.Globally, the P2P crypto trading market is growing on a huge scale and the no of trade is increasing day by day. according to a recent survey, the no of trades has grown globally to 65% within a year and 72% of all BTC trading happened in the top 5 countries that are USD, Russia, UK China, and Venezuela.

Benefits of P2P trading-one of the most secure and flexible trading platform for trade- 'SHIFTAL'

Thank you
Stay Connected

Shiftal

[Expecto]

Bitcoin technology continues to evolve and to be better day by day. It is obvious that we will start using only digital currencies instead of fiat money in the future. Blockchain technology is already being used by many big companies. There are still many governments that don't know much about Blockchain and cryptocurrencies. But in time, I believe that cryptocurrency ecosystem will be integrated on every country and people will use digital currencies for investing, shopping etc. in a safer and better way.

[MCobian]

Until now blockchain technology is still at the forefront, that's why many large countries have started to study and adopt blockchain technology.
This should affect the future of Bitcoin, because as we all know it is Bitcoin which popularized blockchain technology. I really hope that in a few
years, Bitcoin will not only be used as a digital asset. However, it can be used legally as a payment in all countries.

[erikoy]

The future of bitcoin is still varry for now in my own opinion because it may or may not be adapted in the future for the community consumption. But, it has the higher chance that it will be adapted because bitcoin now has excite every users like earning profits due to its market price volatility. Yet, we know that not all will going to like the system but still I am positive that majority will going to use the system for investment purposes. I think the best way to learn about the future of bitcoin is to wait until such that concern agencies or authorities will allow bitcoin consumption.

[nasipadang]

The future of blockchain technology or bitcoin? Talking about the future must be related to the analysis and opinions we have. All technology is now in a rapid development phase, it is very difficult to predict something with certainty in the future. I have a similar opinion but this is just my opinion, fast developing technology can make something new. It is possible that in the next few years there will be a new digital currency or new discoveries in all fields related to government, or individual changes.

[oprahwindfury]

This is very close to filling up it's future planning.Although it has  developed and improving on it continuously.Now people are using the decentralized Platforms for their payments and trading.
Goverment in that case,
Probably will not enterup in this because every single thing is going to be completed in easy ways.
For business,
It will be the  best thing if anyone have a good focus and knowledge about  cryptology