rosenbauer02 (OP)
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Bitcoin has been known now globally and other countries are trying to slow down the inevitable bitcoin as future money. Yes, government do afraid of bitcoin consumption fear of getting their people into which believe that bitcoin is scam.
Well, let bitcoin transactions talk and not the people that are good for nothing scrutinizing bitcoin. If we will make a scanning on the blockchain, millions of dollars worth of bitcoin has been has been transacted everyday which means that bitcoin is something they try to avoid but they can't stop the people in using bitcoin.
So why bitcoin as future money?
We had been already having enough the issues of centralized currency. Banks made abuses of their clients which is a complete difference when using bitcoin as decentralized currency. Whether they like it or not people will always chose what's best for them and that bitcoin is worth it to try.
I am not saying that centralized currency should be remove instead I am trying to emphasize the freedom of an individual to use whether bitcoin (decentralized currency) or stable currency (centralized currency like dollar).
Again, government trying to slow down bitcoin and other cryptocurrency but they can't stop people having faith in the future money which is currently happening now in the present.
Am I right? What do you think?
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Charles-Tim
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July 14, 2021, 11:29:10 AM |
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So why bitcoin as future money?
Alternative to fiat Decentralized design Built with open source codes Gives privacy to those that want privacy Limited supply Appreciative over only time period, a source of wealth for holders But, yet, bitcoin is not the only future money, being an alternative makes it better, the reason we can even compare it with other currencies. I am not saying that centralized currency should be remove instead I am trying to emphasize the freedom of an individual to use whether bitcoin (decentralized currency) or stable currency (centralized currency like dollar).
You are right. But many people are now leaving their Bitcoin on centralized exchanges which are subjected to central control, depriving centralized service users of the freedom. Many people nowadays do not know what private key is even all about because all they are using is centralized services. But the fact still remain not you key not your coin.
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KingsDen
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July 14, 2021, 11:55:39 AM |
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We had been already having enough the issues of centralized currency. Banks made abuses of their clients which is a complete difference when using bitcoin as decentralized currency. Whether they like it or not people will always chose what's best for them and that bitcoin is worth it to try.
Most times when we discuss bitcoin as future money, we always do so in biase. To put the facts straight. Bitcoin is presently a currency or money. Secondly, can we stop envisaging a scenario where BTC will eliminate fiat or fiat eliminates BTC. These two are not in any war. They can co-exist, they can complement each other, we may have need of them in different times. If Dollar existence does not threaten Euro or pounds, BTC existence should also not threaten Euro or Pounds, nor any other altcoins. We don't pray for monopoly, it's no man's friend.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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Kong Hey Pakboy
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July 14, 2021, 01:46:54 PM |
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We need an alternative to fiat, but so far there is nothing that completely suits me.
What do you mean that there's nothing yet that suits you? i mean I am pretty sure that bitcoin is a great alternative to fiat because it's been used for trading already so I don't get why there's not a coin that suits your needs.
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sapnu
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July 14, 2021, 01:49:39 PM |
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Bitcoin has been known now globally and other countries are trying to slow down the inevitable bitcoin as future money. Yes, government do afraid of bitcoin consumption fear of getting their people into which believe that bitcoin is scam.
Well, let bitcoin transactions talk and not the people that are good for nothing scrutinizing bitcoin. If we will make a scanning on the blockchain, millions of dollars worth of bitcoin has been has been transacted everyday which means that bitcoin is something they try to avoid but they can't stop the people in using bitcoin.
So why bitcoin as future money?
We had been already having enough the issues of centralized currency. Banks made abuses of their clients which is a complete difference when using bitcoin as decentralized currency. Whether they like it or not people will always chose what's best for them and that bitcoin is worth it to try.
I am not saying that centralized currency should be remove instead I am trying to emphasize the freedom of an individual to use whether bitcoin (decentralized currency) or stable currency (centralized currency like dollar).
Again, government trying to slow down bitcoin and other cryptocurrency but they can't stop people having faith in the future money which is currently happening now in the present.
Am I right? What do you think?
I see that we're all trying to be optimistic about having bitcoin as the future money or something that will soon replace fiat. Although it will be hard, we can somehow be certain that at some point in the future, we will see that happening. Maybe it can occur whilst reigning beside fist where in the two will be compatible on making the world's monetary system much better. There's nothing wrong with hoping but we should take considerations first of the circumstances that bitcoin might face as it approaches being a legitimate currency.
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Ararbermas
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July 14, 2021, 01:54:49 PM |
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Again, government trying to slow down bitcoin and other cryptocurrency but they can't stop people having faith in the future money which is currently happening now in the present.
Am I right? What do you think?
yup, even though they're against, it's still impossible to take it down as long as there's a million of people believing that cryptocurrency is a future money., indeed even before it's a big issue for them. But see crypto still alive and despite it shown a big improvement in the market since 2017 until now. So how much more in the future?. For me believe no matter what government trying to with crypto they can't destroy it because it has a strong support. And infact if it's possible that they can slow down crypto maybe it already happened, wherein that time crypto market isn't huge like this in my opinion.
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ChiBitCTy
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July 14, 2021, 02:19:00 PM |
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I am of the strong mind that bitcoin needs to be used as a currency in order for it to last long term. Sure I think that bitcoin could survive on it's own as simply being a store of value, and alternative to gold ( or a replacement ), but in order for it to reach values that we've seen before and all hope for, I firmly believe that we need to get the 2nd layer and lightning network implemented as soon as possible. Just my two satoshis.
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cotton ball
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July 14, 2021, 03:15:41 PM |
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bitcoin comes to give us warmth when we are cold, bitcoin teaches us to manage our finances, indeed we know many people are against bitcoin, there are also governments that shut down their banks to not accept bitcoin, but despite many obstacles, and they are against bitcoin, I believe bitcoin will continue to grow, and maybe one day bitcoin will compete with fiat currencies,,
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Dhoe
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July 14, 2021, 03:29:44 PM |
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if we look at the traces of bitcoin, since the first appearance many doubted, and did not believe, many people were afraid to play in bitcoin, but slowly bitcoin gave us motivation, and now many are holding bitcoin, and we can make buying and selling transactions in several applications, and now there are countries that accept bitcoin as a currency that legit, slowly but surely, if we look at the traces of bitcoin, it is very likely that bitcoin will become money in the future..
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ropyu1978
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July 14, 2021, 04:22:16 PM |
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if we look at the history of bitcoin, the possibility of becoming a currency in the future is wide open, even though we know there will be many obstacles, and prohibitions from influential people, and prohibitions from the government, but the history of bitcoin has proven that it crawled from zero , until it is known by all countries and the world .. now bitcoin has become a field to generate coffers of money ..
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Shenzou
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July 14, 2021, 05:58:15 PM |
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Well it is true that there are some countries that are against bitcoin and crypto, due to the fact that they are unable to control it and manage the transactions that are happening so the easiest option for them is to ban them, and some others know that you can't stop progress and eventually crypto will be used by everyone and that is why they are adapting it and accepting it, and that is the first step, but in my opinion the whole point of crypto is to have freedom so having a centralized crypto that is controlled by the government is contradictory to the whole point.
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Raflesia
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July 14, 2021, 06:07:45 PM |
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Again, government trying to slow down bitcoin and other cryptocurrency but they can't stop people having faith in the future money which is currently happening now in the present.
Am I right? What do you think?
yup, even though they're against, it's still impossible to take it down as long as there's a million of people believing that cryptocurrency is a future money., indeed even before it's a big issue for them. But see crypto still alive and despite it shown a big improvement in the market since 2017 until now. So how much more in the future?. For me believe no matter what government trying to with crypto they can't destroy it because it has a strong support. And infact if it's possible that they can slow down crypto maybe it already happened, wherein that time crypto market isn't huge like this in my opinion. Bitcoin will be a big shield in the future with a strong hope that it will not be controlled by the government, I know before that the government did not want bitcoin to become future money that is widely used, there will still be evidence of more and more circulation even now all over the world almost holding bitcoin out of control by any government. Until now the market capitalists have become big, money has become strong because of bitcoin, will this be a reference that the government is jealous of this decentralized bitcoin? so for me in the future bitcoin will be more powerful in society.
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rosenbauer02 (OP)
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July 14, 2021, 06:29:56 PM |
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You are right. But many people are now leaving their Bitcoin on centralized exchanges which are subjected to central control, depriving centralized service users of the freedom. Many people nowadays do not know what private key is even all about because all they are using is centralized services. But the fact still remain not you key not your coin.
Having centralized exchanges for me might be considered as minimal problem of cryptocurrency. Well, centralized currency are working good and that many users love to use as well. As what you have said, there might be a little bit complications when using centralized exchanges but so far big news coming out from those exchanges that accounts that has been put to hold are those accounts or users which believe to be scammer or hacker. Hold accounts will then be subject for investigation and will eventually release once all problem in the account will be resolve.
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ninkdwi
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July 14, 2021, 06:39:11 PM |
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I feel this is suitable to be used as a replacement option or an alternative to fiat and basically to be an alternative to bitcoin is the most suitable for now because in addition to decentralized bitcoin I also think it is promising in the future. but to replace I think this can not be realized. because there are several factors that do not support this, one of which is crypto, especially bitcoin, this is volatile and it is very difficult to predict which direction it will move so I don't think it is very suitable if bitcoin replaces fiat
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MinoRaiola
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July 14, 2021, 06:57:27 PM |
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So why bitcoin as future money?
Independence.
Money is one of the most important things in society. You get power with more money, or vice versa. That means that the current mighty people have to accept a change. The vision is electronic money. The currency experiments will get stronger in the next few years, one of which will be cryptocurrency.
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randegibran
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July 15, 2021, 04:47:00 AM |
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with the adoption of several countries this would be very good for bitcoin to print directly as money in the form of buying and selling transactions that are used in everyday life to strengthen bitcoin in stock market prices and can be reused for a very long time as happened with paper money and its benefits can be felt directly by all those in the crypto world today, I think that is the only way to make this happen
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clint25n
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July 15, 2021, 05:24:07 AM |
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we all know that there.are still many people who hate bitcoin which brings.change in a short time, especially among.economists but we believe there.are still many people who are still very optimistic in the world of cryptocurrencies.More and more are flocking.to do business in the crypto world because of them. believe that this business provides.them with transparent.results that allow them to see firsthand.the process of rising and falling prices
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Kakmakr
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July 15, 2021, 05:44:38 AM |
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There is this general misconception that Bitcoin has to replace all Fiat currencies and that Satoshi Nakamoto created this technology to replace Fiat currencies. This is wrong, Satoshi Nakamoto created a "Alternative" currency for people to have a second option or an alternative option to the current Fiat system. He gave us the freedom to choose what currency we want to use, giving us the option to rather use Bitcoin ..if the Fiat system has flaws that Bitcoin solved. (Things like avoiding centralized control over our wealth or the misuse of power and even corrupt Banking practices) ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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davis196
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July 15, 2021, 05:55:36 AM |
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Let me remind you that most of the countries around the world are neutral towards Bitcoin and crypto. Don't try to make FUD posts,based on the few countries,that are anti-Bitcoin. You are writing that the "government is trying to slow down Bitcoin".Which government?Can you be more specific?Is it the US government or the Chinese government?There are 220 governments around the world. Do you mean that KYC is slowing down Bitcoin adoption?Well,KYC is mandatory for all financial services. You have to be ID verified,when you open a bank account or a FOREX trading account.Does that mean that KYC is slowing down fiat currencies as well?
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bittraffic
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 15, 2021, 06:05:38 AM |
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Decentralization I guess is enough reason why we should engage in Bitcoin.
El Salvador had taken it seriously when it comes to Bitcoin as future money. Look at them now as they've declared BTC as legal tender and had tried also airdropping BTC to millions of their citizen. It looks like BTC is going to make the country independent as they are also preparing to go Bitcoin mining through the Thermal Energy from their Volcano.
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