Future money!

[zhelis74]

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.

By now most people is in favor of using crypto currency for being a decentralize system since no direct central control and no miscellaneous taxation collected. But I think most of government are hesitant of using crypto currency it has big impact of their existing economics standing unless it will totally accepted and make some arrangement that taxation can't be affected like buying for goods and services.

[zanezane]

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

Well too bad that this several countries aren't pretty influential in the international stage which makes their success in making bitcoin a big thing only a domestic success. I think that there's still a long way to go for bitcoin to do before they can do anything else because the community is still small in my opinion.

[Xinarae*]

Printing Bitcoin is a very good decision but no one can control bitcoin is decentralized bitcoin will also attract investment in the country. If only 1% of the total BTC supply goes to El Salvador, it will increase the economic output of the country by about 25% to this end the country's structures are working to optimize the crypto business and provide instant permanent housing for crypto entrepreneurs. We hope this decision is just the beginning of a place where some of the top innovators can potentially imagine the future of financial aid to billions of people around the world.

[rosenbauer02]

Printing Bitcoin is a very good decision but no one can control bitcoin is decentralized bitcoin will also attract investment in the country. If only 1% of the total BTC supply goes to El Salvador, it will increase the economic output of the country by about 25% to this end the country's structures are working to optimize the crypto business and provide instant permanent housing for crypto entrepreneurs. We hope this decision is just the beginning of a place where some of the top innovators can potentially imagine the future of financial aid to billions of people around the world.

Sound good to me as well printing bitcoin physical money.  I think there could also be denomination like the physical money because it is too much to own a bitcoin in a single paper when it will become vulnerable to physical damage. However, the possibility will going to have more bitcoin losses because physical money are always vulnerable to environmental hazards.

[suryana]

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.

yes it is true what you say. Stop arguing that bitcoin is a substitute for money because in reality they are not competing. They have their own values ​​and needs. They can continue to grow side by side without eliminating any of them. So why do we have to worry about being the winner among them.

[Lorence.xD]

Of course bitcoin is a future money, the concept is futuristic already. No physical contact of the money, and everything is electronic and it is utilize the modern technology, I think that there's no better reason to call bitcoin a future money. Not to mention that it's also a key liberation tool for many people to achieve financial freedom.

[BuNga_cute]

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.

yes it is true what you say. Stop arguing that bitcoin is a substitute for money because in reality they are not competing. They have their own values ​​and needs. They can continue to grow side by side without eliminating any of them. So why do we have to worry about being the winner among them.

I also really hope that Bitcoin and fiat can co-exist, because they are really needed, so I agree that they are not competing. Actually, the thought
emerged that Bitcoin would replace fiat, it was just the government's fear of not being able to control Bitcoin. Even though Bitcoin was created
from the start not to replace fiat, but as an alternative to fiat. So there really is no competition between fiat and Bitcoin.

[Taskford]

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.

yes it is true what you say. Stop arguing that bitcoin is a substitute for money because in reality they are not competing. They have their own values ​​and needs. They can continue to grow side by side without eliminating any of them. So why do we have to worry about being the winner among them.

I also really hope that Bitcoin and fiat can co-exist, because they are really needed, so I agree that they are not competing. Actually, the thought
emerged that Bitcoin would replace fiat, it was just the government's fear of not being able to control Bitcoin. Even though Bitcoin was created
from the start not to replace fiat, but as an alternative to fiat. So there really is no competition between fiat and Bitcoin.

I really believe that this will happen since bitcoin already evolve so much thru the years so expect that financial institution will slowly see its potential so its  really not surprising to see this co-existence or collaboration towards the two what we can call giants in economical aspects. But for now just expect that this is a long journey for bitcoin to be notice as a good currency by government since bitcoin still have bad impression towards them and maybe its  hard for them to trust this while the volatility is so fast moving.

[taufik0911]

Bitcoin is the currency of the future but for now we can also make transactions with bitcoin, even though at this time bitcoin is not fully used as a means of payment but we can make buying and selling transactions using bitcoin in several applications that accept payments using bitcoin.

I think bitcoin is not the currency of the future but the bitcoin system or blockchains is the future financial system where it is very likely that the physical currency will be shifted or replaced with digital currency that has higher security will be lost, hacked etc.
my opinion does not rule out the possibility that bitcoin will become an international currency replacing the current USD

[Hendra gunawan]

I agree with you, bitcoin is future money. Indeed, currently countries and governments are trying to slow down bitcoin and other cryptocurrencies. But in future I'm sure they will accept bitcoin. Blockchain technology is the best technology, and it is in bitcoin. Sooner or later bitcoin will be more and more popular and will be used by all countries.

[cotton ball]

if we look at the traces of bitcoin, ranging from zero to one, and now bitcoin has been held by many people, and has been used as an asset, there are even some governments that have legalized bitcoin, it can be said that bitcoin has become a bright future, most likely bitcoin have the opportunity to become a currency in the future..

[Smartvirus]

It's everyone's dream that bitcoin be the currency of the future but then, it won't be more than it is, being a virtual currency and an alternative to fiat. Though, its going to have a lot of short coming as, not all merchants would have required technology to get this going. Also, the problem of transaction confirmation would also be there.
It's not all about the nations that have refused to approve of bitcoin for a currency but then, bitcoin haven't perfected itself as a currency. Another thing is, its highly unstable or though I hope this won't be much of an issue but then, it does contribute in a way as to the value attached to what is being offered or rendered in terms of service.

[dificanovi]

So why bitcoin as future money?


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?

At this time bitcoin is widespread throughout the country but bitcoin still cannot be used as a legal currency, but there are already signs that bitcoin in the future will be used as legal payments without having to erase real money. We can't use Bitcoin in all applications but only a few applications are willing to accept bitcoin as a means of payment and imagine if we live in the future we certainly imagine bitcoin can be used as a legal payment in all countries.

[agg2702]

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.

I'm not sure this will work very well because Bitcoin is basically a decentralized and independent system, besides that Bitcoin is also volatile and very difficult to predict.
when Bitcoin is made into money in the future I don't think this will work very well because with its fluctuating nature it could be very profitable if Bitcoin increases and it will be very detrimental if Bitcoin decreases.
besides that we have always used Fiat and paper money or real money and to replace these two things will take a long time and adaptation so this will not work very well.

[QED E8]

Our vision of the future of money, and it's something else than a pure free crypto world world, also its potentially uncrackable.

I dare to say: this is not the next gen of block-chain, this is something different, it's a system to generate an information singularity and hide it in the chaos of the Akashic record.

It could be the definition itself of universal economic peace.

@Null Coin Economy & The Virtual Tax Generation System

We have just posted the blueprints on this forum, see if you can understand it, we don't want your money, we don't want only your full consideration and help in making it a reality of you fancy.

In a way you could also be already receiving money from us unbeknownst to you, in your CORE account since 1st of Jan 2020, to help for your Covid losses.

Regards,

QED E8

[blackened515]

I agree with you, bitcoin is future money. Indeed, currently countries and governments are trying to slow down bitcoin and other cryptocurrencies. But in future I'm sure they will accept bitcoin. Blockchain technology is the best technology, and it is in bitcoin. Sooner or later bitcoin will be more and more popular and will be used by all countries.

Bitcoin is already gaining popularity everyday. The Government actually thought they could control Bitcoin as first, but is impossible, Bitcoin operates in an decentralized system. Bitcoin can't be controlled by anyone.  I know with time, the government will be left with on other option than to accept and legalize Bitcoin.

[ziyaaa]

Bitcoin will not be the world currency but it shapes the future that's for sure. Because it's definitely a good alternative to fiat right now. Yeah, it has systematic problems also like scalability. But these problems are not impossible to be solved too. In the future, I think Bitcoin will still be a strong alternative.

[gundala]

Cryptocurrencies are indeed quite effective in overcoming problems that cannot be solved optimally by fiat. but we also have to realize that this system will not work optimally if there is no internet, right? so like it or not, we have to use them side by side, according to each other's needs.
I agree that cryptocurrency is called future money, by maximizing technology and its decentralized system provides a lot of freedom and convenience. indeed there are many pros and cons, which is why many governments cannot completely reject the presence of cryptocurrencies.

Bitcoin will not be the world currency but it shapes the future that's for sure. Because it's definitely a good alternative to fiat right now. Yeah, it has systematic problems also like scalability. But these problems are not impossible to be solved too. In the future, I think Bitcoin will still be a strong alternative.

Only time can answer that. This ecosystem continues to grow, who knows one day there will be a solution to overcome government doubts so that cryptocurrency adoption can be applied more widely. at least we can be here earlier, and be part of the financial system revolution.

[batang_bitcoin]

That's true, no matter how the governments want to slow down the progress of bitcoin on their countries. They just can't stop if it's the people that are proclaiming bitcoin as the future money. But they can impose ban yet still, they only are slowing down the thrive of bitcoin on their countries but not bitcoin's growth. Because it will continue to grow as much as they want as bitcoin is a decentralized cryptocurrency and it's the money of the people without central powers controlling it.

[Viscore]

That's true, no matter how the governments want to slow down the progress of bitcoin on their countries. They just can't stop if it's the people that are proclaiming bitcoin as the future money. But they can impose ban yet still, they only are slowing down the thrive of bitcoin on their countries but not bitcoin's growth. Because it will continue to grow as much as they want as bitcoin is a decentralized cryptocurrency and it's the money of the people without central powers controlling it.

Bitcoin brings freedom to everyone and this is the reason why people are more into crypto right now than staying with fiat who are in full control with the government.

And now that bitcoin is clearly gaining more interest and possibly adoption in the next years, then it will be very clear for us that bitcoin is the future money. And for this to be more possible, bitcoin should not always be as an investment or asset but rather it should be used by now as a currency in the countries who already adopted it.