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Author Topic: Future money!  (Read 585 times)
Hypnosis00
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July 17, 2021, 03:58:21 AM
 #61

...

Am I right? What do you think?
yeah..Bitcoin is the future asset and currency of the world...

negative news or FUD will continue to be circulated by the government in order to fight the increasing number of people who use Bitcoin, the government is more supportive of what they can control but Bitcoin can't. Bitcoin will continue to be strong, everything the government does to suppress Bitcoin will always be in vain.
They are supposed to give support for Bitcoin but instead, they are first to oppose its existence.
I respect their decisions but I have some faith that they will soon open their minds and embrace the new technology. It is likely they just need some proof of its legitimacy and we are providing them.

Despite these struggles, we can see that the crypto market even grow more and stood still strong even we are tested by FUDs and banning from other countries. We still able to survive even without having a hundred support from the community and it can soon be a legal currency in the coming days.
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July 17, 2021, 04:29:03 AM
 #62

so like this, the government has any policy against bitcoin in their respective countries. but believe me the state can't do anything about bitcoin,. such as the example of stopping bitcoin, banning bitcoin or deleting bitcoin is impossible because bitcoin does not have a central office. so the country's policy towards bitcoin must have a reason

Each country does have its own rules regarding Bitcoin, which is where most countries only accept Bitcoin as a digital asset and cannot be used
for payments. But now some countries are starting to open up to Bitcoin, for example El Salvador has legalized Bitcoin. And I believe that in
the future many countries will legalize Bitcoin for payments, so I agree that Bitcoin will become future money. But not to replace fiat, Bitcoin will
only be an alternative to fiat. No country is capable of erasing or killing Bitcoin, because Bitcoin can't be controlled, as long as there is a supply
and demand, Bitcoin will still exist.

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July 17, 2021, 12:03:43 PM
 #63

at this time we all know that very many people hate bitcoin because all of us.know that bitcoin today.brings such.a big change for the progress.of the world.economy and a lot.of changes.are happening, even almost ordinary people hate bitcoin with their opinions.public they have built, but everyone will feel very confident.that bitcoin.can bring about a change in.the nature of crypto adoption.for the future
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July 17, 2021, 12:30:26 PM
 #64

I agree  with you that the government can't stop people who believe in future money from happening right now in the present. because the ownership of money and the regulation of private rights without government interference,
after all bitcoin is also a substitute for fiat money, providing privacy to those who want privacy
and the supply is limited

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July 17, 2021, 01:34:45 PM
 #65

I agree  with you that the government can't stop people who believe in future money from happening right now in the present.

But We should underlined this words, the government can't stop who believe but can make some regulations which is a restriction. People who believe in future money can still use their choice if the amount of people is large and they can make a massive movement to spread the freedom of financial system with BTC..
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July 17, 2021, 01:52:33 PM
 #66

There is this general misconception that Bitcoin has to replace all Fiat currencies and that Satoshi Nakamoto created this technology to replace Fiat currencies.
I have also thought that everyone can be excited am crypto-currency and still when they choose use Fiat, I don't think the world need a currency for everyone, if am in USA for any reason, I think I would be fine using the dollar when it's convenient in US but when am purchasing things from my local country I use the local currency.
And if bitcoin was to be unrivaled in future some of difficulty we face now, although not worse than Fiat but are still problems, like delay confirmations and more needs happen is less often than it happens now.
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July 17, 2021, 02:01:25 PM
 #67

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.
Which country/government thinks that bitcoin and crypto currencies are a scam? There maybe one or two, but most of them doesn't consider crypto currencies as a scam (not talking about those obvious shit coins). And I don't think the government is scared for their people who are using crypto currencies. They aren't slowing down anything. In fact, they are trying to understand it better and integrate it with the current financial system.
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.
Really? Did your bank "abuse" you? Lol, then there are hundred more banks. Why not move to them?

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July 17, 2021, 03:16:17 PM
 #68

~snip~

I think in about 5 years we will see a major division: a group of countries that fully accept Bitcoin and, perhaps, develop some functional financial systems for people to use it, and a second group would be the countries that are straightforward against Bitcoin.
Looking at El salvador maybe that will happen in the future. They have legalized Bitcoin as a currency there. They will accept all payments using bitcoin. But some reports say that it has also been opposed by the World Bank.

Maybe 5 years is too short, maybe more than 5 years. Some countries of the world do not have a balance of technology, it will hinder the development of digital currencies
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July 17, 2021, 03:25:20 PM
 #69

I agree  with you that the government can't stop people who believe in future money from happening right now in the present. because the ownership of money and the regulation of private rights without government interference,
after all bitcoin is also a substitute for fiat money, providing privacy to those who want privacy
and the supply is limited
People keeps on finding ways to not interfere on government rules which comes crypto that governments trying to control too. There are plenty of ways now to not be traced but it is better if governments will just accept the fact that the generation is evolving and many where finding ways to be convenient as well profitable which crypto gives without governments consent.

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July 17, 2021, 03:26:32 PM
 #70

if we say bitcoin is future money, it's still very far, friends, anyways, bitcoin is better for us to make an asset for our future, because if we make bitcoin the currency of the future, there will definitely be a lot of obstacles, bitcoin prices could fall make assets will no longer be profitable as it is now.

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July 17, 2021, 03:28:02 PM
 #71

Most of BTC has been popularized in many countries around the world and even I use BTC, I think BTC is the currency of the future, we can't deny that. BTC now seems to be replacing fiat , and many countries consider BTC as payment currency.
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July 17, 2021, 05:33:22 PM
 #72

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.
I agree that fiat currencies and bitcoin and other decentralized currencies will coexist for a very long time but I disagree with what you say about not being at war, this is a war, bitcoin is the natural enemy of fiat currencies and this is why governments do not like it one bit, and now they are finding out they cannot destroy it they are going to try to subvert it in the same way they did gold, by buying a lot of it and then eventually backing their currencies with bitcoin only to withdraw this at a later time.
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July 17, 2021, 10:01:17 PM
 #73

Bitcoin offers everything that fiat currencies cannot provide at the moment. If one wants an asset where they can safely store their riches without the fear of it being stolen or destroyed, bitcoin could provide it courtesy of wallets, soft and hard wallets. It is decentralized, meaning there is no singular entity that could manipulate its price in the shadows while the smaller investors and consumers below are suffering. And compared to fiat currencies that continuously depreciate in value, bitcoin doesn't show signs of dropping its monetary worth at least in the general scheme of things.
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July 18, 2021, 04:49:58 AM
 #74

Well, let bitcoin transactions talk and not the people that are good for nothing scrutinizing bitcoin.
Nothing good comes out without criticism. That the powers that be and various governments are bashing it succinctly for a decade now shows that there's something great about Bitcoin. You know, there's a local expression where I come from in Africa, "when people don't talk about you, you're nobody." The same applies to Bitcoin.

So why bitcoin as future money?
It's because the globe has drifted to the internet.

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July 18, 2021, 05:53:25 AM
 #75

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.

I agree with you, but Bitcoin is currently banned in many sovereign countries, such as China, which has closed most of the mines. Bitcoin has no corresponding payment scenarios in many countries, and legal currency is still the only one. payment method. As Bitcoin is recognized by more people, I believe our wish will come true, just like a post in a forum.

https://bitcointalk.org/index.php?topic=5348182.0

I believe it will become more and more popular. I will do active work for this
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July 18, 2021, 06:24:11 AM
 #76

Yeah, I have also had this same opinion that cryptocurrency should be allowed and people should be given the freedom to use whatever currency they decide to use, whether it is cryptocurrency or fiat. Although I know for sure that the government won’t be able to actually stop cryptocurrency users. They can only ban it and threaten to punish those that are caught making use of it.

And I know that there are going to be people who will become afraid to use cryptocurrency because of what the government has said. But those who knows how to go about it will always continue to use it by making use of decentralized exchanges and wallets.

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July 18, 2021, 01:45:20 PM
 #77

The development of btc is currently good, many people are starting to know it and learn about it. Of course it's good for the development of btc or crypto itself where if more people get to know crypto, the price can also go up. With this good development of btc, there are some countries that prohibit the existence of btc with their own country policies. If you say btc is the money of the future, yes, that's true, but to replace central money it will be difficult where not all countries can accept policies from the crypto world. Right now I think btc is good as an asset where if we can manage it well then it will be profitable especially if the price is high in the market.

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July 18, 2021, 04:43:49 PM
 #78

As far as the community is treating it with the way as expected in the whitepaper. Crypto will be used as a currency. There are some challenges but over the period, things will improve and we will see a developed inclusive crypto ecosystem.
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July 18, 2021, 04:49:01 PM
 #79

The development of btc is currently good, many people are starting to know it and learn about it. Of course it's good for the development of btc or crypto itself where if more people get to know crypto, the price can also go up. With this good development of btc, there are some countries that prohibit the existence of btc with their own country policies. If you say btc is the money of the future, yes, that's true, but to replace central money it will be difficult where not all countries can accept policies from the crypto world. Right now I think btc is good as an asset where if we can manage it well then it will be profitable especially if the price is high in the market.
for now it is true that not all countries can accept policies from the crypto world but rest assured for the next generation they will definitely prioritize digital currency over fiat.

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July 21, 2021, 03:37:18 AM
 #80

It's because the globe has drifted to the internet.
Yes, maybe the future of physical money will be less and less. They will shift to more practical digital money. But for the next 10 years I think many countries will be able to follow suit. Several experts have predicted this day and were right. The internet will turn into a basic need, because everyone uses the internet for transaction activities. But I think paper money will still be used.

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