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Author Topic: What's the future of digital currencies?  (Read 417 times)
maydna
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January 07, 2023, 06:22:29 PM
 #21

I've been wondering recently what's ahead for us in terms of the evolution of digital currencies.

There has been a lot of amazing development with blockchain and cryptocurrencies in general in the past decade. But I wonder if there's anyone working on other ideas or technologies that could also be promising. I'm not talking about altcoins. I mean real breakthrough ideas, similar to what happened when Bitcoin was originally introduced. It would be really exciting to witness the birth of something completely new in the next years/decades. I'm sure we have other brilliant "Satoshis" out there.

I'd love to learn more about cool projects and concepts that could be the evolution of blockchain (again, not altcoins please  Wink)

Bitcoin will still remain on the top of the foodchain, even though there is no improvement as compare to altcoins project, it is the prime mover so that will remain.

The market has been saturated already, not sure if there is some projects that will come up in the future that will disrupt crypto market again. And those that is coming up is pure hype as they could simply die in the next bear market. So not sure what blockchain idea you are looking for that is not "altcoin related".
I agree bitcoin will stay on top to lead other coins because bitcoin is first. Unless, sometime in the future, there is a different technology that can provide more impact than bitcoin, the current situation is bound to change. But bitcoin will continue to lead cryptos, and even though the market is saturated right now, people who believe in bitcoin will continue to buy and collect more. They want a lot of profit from investing in bitcoins, and now they are still trying to own more.

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fzkto
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January 07, 2023, 06:43:13 PM
 #22

I've been wondering recently what's ahead for us in terms of the evolution of digital currencies.

There has been a lot of amazing development with blockchain and cryptocurrencies in general in the past decade. But I wonder if there's anyone working on other ideas or technologies that could also be promising. I'm not talking about altcoins. I mean real breakthrough ideas, similar to what happened when Bitcoin was originally introduced. It would be really exciting to witness the birth of something completely new in the next years/decades. I'm sure we have other brilliant "Satoshis" out there.

I'd love to learn more about cool projects and concepts that could be the evolution of blockchain (again, not altcoins please  Wink)

Bitcoin will still remain on the top of the foodchain, even though there is no improvement as compare to altcoins project, it is the prime mover so that will remain.

The market has been saturated already, not sure if there is some projects that will come up in the future that will disrupt crypto market again. And those that is coming up is pure hype as they could simply die in the next bear market. So not sure what blockchain idea you are looking for that is not "altcoin related".
I agree bitcoin will stay on top to lead other coins because bitcoin is first. Unless, sometime in the future, there is a different technology that can provide more impact than bitcoin, the current situation is bound to change. But bitcoin will continue to lead cryptos, and even though the market is saturated right now, people who believe in bitcoin will continue to buy and collect more. They want a lot of profit from investing in bitcoins, and now they are still trying to own more.
I also would like bitcoin to be the number one cryptocurrency forever, but it seems to me that ETH will soon take its place. You could call ethereum the state currency. Look how quickly and demonstratively ETH mixers are closing. For the most part, bitcoin is already obsolete. It has no additional features other than transfers. Whereas ETH has much more functionality.

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Tigerheart3026
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January 07, 2023, 07:17:34 PM
 #23

I've been wondering recently what's ahead for us in terms of the evolution of digital currencies.

There has been a lot of amazing development with blockchain and cryptocurrencies in general in the past decade. But I wonder if there's anyone working on other ideas or technologies that could also be promising. I'm not talking about altcoins. I mean real breakthrough ideas, similar to what happened when Bitcoin was originally introduced. It would be really exciting to witness the birth of something completely new in the next years/decades. I'm sure we have other brilliant "Satoshis" out there.

I'd love to learn more about cool projects and concepts that could be the evolution of blockchain (again, not altcoins please  Wink)

Bitcoin will still remain on the top of the foodchain, even though there is no improvement as compare to altcoins project, it is the prime mover so that will remain.

The market has been saturated already, not sure if there is some projects that will come up in the future that will disrupt crypto market again. And those that is coming up is pure hype as they could simply die in the next bear market. So not sure what blockchain idea you are looking for that is not "altcoin related".
I agree bitcoin will stay on top to lead other coins because bitcoin is first. Unless, sometime in the future, there is a different technology that can provide more impact than bitcoin, the current situation is bound to change. But bitcoin will continue to lead cryptos, and even though the market is saturated right now, people who believe in bitcoin will continue to buy and collect more. They want a lot of profit from investing in bitcoins, and now they are still trying to own more.
I also would like bitcoin to be the number one cryptocurrency forever, but it seems to me that ETH will soon take its place. You could call ethereum the state currency. Look how quickly and demonstratively ETH mixers are closing. For the most part, bitcoin is already obsolete. It has no additional features other than transfers. Whereas ETH has much more functionality.
but i would like to predict bnb will overtake eth though we don’t  surely what happen in the future cryptocurrency market. but how eth will overtake bitcoin it is impossible to me think in this time. what do you mean by additional features? imagine how much bitcoin users whole over the world.
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January 07, 2023, 07:22:00 PM
 #24

I've been wondering recently what's ahead for us in terms of the evolution of digital currencies.

There has been a lot of amazing development with blockchain and cryptocurrencies in general in the past decade. But I wonder if there's anyone working on other ideas or technologies that could also be promising. I'm not talking about altcoins. I mean real breakthrough ideas, similar to what happened when Bitcoin was originally introduced. It would be really exciting to witness the birth of something completely new in the next years/decades. I'm sure we have other brilliant "Satoshis" out there.

I'd love to learn more about cool projects and concepts that could be the evolution of blockchain (again, not altcoins please  Wink)

Cryptocurrency technology hasn't even reached 10% of its potential in the global community, and you're already thinking about something new and breakthrough. It's like buying a new phone and dreaming the next day about an even newer phone before you've even tried it. The only breakthrough, in quotes, is CBDC, which wants to completely centralize digital payments and kill cryptocurrencies with their complete substitution. Is that the kind of breakthrough technology you're waiting for? Wink

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January 07, 2023, 07:47:50 PM
 #25

I've been wondering recently what's ahead for us in terms of the evolution of digital currencies.

There has been a lot of amazing development with blockchain and cryptocurrencies in general in the past decade. But I wonder if there's anyone working on other ideas or technologies that could also be promising. I'm not talking about altcoins. I mean real breakthrough ideas, similar to what happened when Bitcoin was originally introduced. It would be really exciting to witness the birth of something completely new in the next years/decades. I'm sure we have other brilliant "Satoshis" out there.

I'd love to learn more about cool projects and concepts that could be the evolution of blockchain (again, not altcoins please  Wink)

Evolution is probably the right word here although you seem to imply that you are actually asking what the next "revolution" could be looking like. The revolution took already place as that was the introduction of a currency successfully working on the principle of decentralization on a global scale across boarders. That wasn't possible due two the double spending problem.

So I guess the question would be whether there are new technologies in the pipeline that could successfully organize a currency or a whole ecosystem in a decentralized fashion? We are probably going to see various evolutionary steps when it comes to Bitcoin, but lots of it is probably going to happen on layers different from the Bitcoin base layer. In the long run Bitcoin might altogether go through lots of iterations, but with technological progress will probably also come some counter-regulation from governments if the technological advancements could undermine their urgent desire for mass surveillance, for example.

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January 07, 2023, 08:17:31 PM
 #26

I've been wondering recently what's ahead for us in terms of the evolution of digital currencies.

There has been a lot of amazing development with blockchain and cryptocurrencies in general in the past decade. But I wonder if there's anyone working on other ideas or technologies that could also be promising. I'm not talking about altcoins. I mean real breakthrough ideas, similar to what happened when Bitcoin was originally introduced. It would be really exciting to witness the birth of something completely new in the next years/decades. I'm sure we have other brilliant "Satoshis" out there.

I'd love to learn more about cool projects and concepts that could be the evolution of blockchain (again, not altcoins please  Wink)
If you are interesting with new ideas, maybe you can learn about the issue of internet network switching to satellite network, or in other words satellite internet. They revealed that the advantages of satellite internet network can communicate easily while in the middle of the sea. Internet network now requires wired functionality, and network coverage is limited. And I think this idea will be related to the crypto we are currently using, so we need to study the extent of the function of the network.

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January 07, 2023, 08:23:51 PM
 #27

Well in the end Ethereum is also "just another altcoin" if you see it that way but i think it was Ethereum that was the most important project to bring the crypto space into the mainstream and not bitcoin.

To be clear, I wasn't trying to offend any altcoin  Tongue I was just trying to protect the topic because I could already see people coming here to shill their coins, saying they are the "Bitcoin killer". I was just trying to keep the topic on a good level.
Your basic question is very general, so you will bring this topic to a wider, and not limited. So that will lose the main purpose of what you want. And those who comment will give different responses, which makes you confused in determining the direction of the topic.

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January 07, 2023, 11:39:08 PM
 #28

At the moment we still can't guess, we know that future technological developments are sometimes beyond our expectations and guesses. It could be that they are currently developing the technology or something because of how fast blockchain is developing. I'm sure there will be something new again in the future. but here, blockchain and cryptocurrencies are also growing. However, like Bitcoin, it has undergone many processes, and that process is one of the most valuable things. Indeed, we cannot guarantee that Bitcoin will always exist and be worthy, but if we look at how Bitcoin has progressed and processed so far, I am sure that Bitcoin will continue to survive, but not necessarily with altcoins. So Bitcoin should be able to continue even though there are other technologies that may have more than this.

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January 07, 2023, 11:47:59 PM
 #29

I'd love to learn more about cool projects and concepts that could be the evolution of blockchain (again, not altcoins please  Wink)
This is cryptomarket where the top coin is Bitcoin and the rest are considered altcoins, so you mean you are looking for another Bitcoin? I guess it will not happen in cryptomarket, maybe on a different market but not here. Cryptocurrency is still the trend and it might last longer, it will be hard to compete with Bitcoin where all the cons already compliments by the altcoins, Satoshi’s mind are already out with the good altcoins developer.
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January 08, 2023, 03:23:13 AM
 #30

I'd love to learn more about cool projects and concepts that could be the evolution of blockchain (again, not altcoins please  Wink)
This is cryptomarket where the top coin is Bitcoin and the rest are considered altcoins, so you mean you are looking for another Bitcoin? I guess it will not happen in cryptomarket, maybe on a different market but not here. Cryptocurrency is still the trend and it might last longer, it will be hard to compete with Bitcoin where all the cons already compliments by the altcoins, Satoshi’s mind are already out with the good altcoins developer.
I think Bitcoin will still be the king of crypto and I don't see any other coin that can unseat it,
even Ethereum which is the 2nd ranking coin in CMC it will still be difficult,
but in crypto sometimes things that we don't predict can happen
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January 08, 2023, 04:38:37 AM
 #31

Digital currencies have gone down a lot in a span of few days. Between 2020 and 2021, the market for digital currencies was also very good. But since 2022, the market of digital currencies has been going down continuously. Every investor has suffered huge losses by investing in digital currencies. However, many have analyzed the market and by analyzing the market they have said that the market of digital currencies will be strengthened a lot from the end of 2023 to the middle of 2024. If their figures are true, I think digital currencies will be in a much better position in the coming years. To those who invested in digital currencies, I would like to say that if you wait until 2024, maybe something good is waiting for you.
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January 08, 2023, 08:04:52 AM
 #32

The future of digital currencies are surely be bright. Isn't it obvious? We are on a digital age now. There are lots of developments that occurred in blockchain and in cryptos which is a good thing but along with it is that there are also a huge number of scams and failed projects which is bad as many people lost their money and then this have badly affected the reputation of cryptos.

The latest thing in digital currencies would be the CBDC. This should be a valid one as it wasn't really a crypto or an altcoin but it was like a dollar since it was created by the banks and the governments. I know there are more to come later on. This is exciting but I hope each of them won't have any conflict with other.

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January 08, 2023, 10:11:27 AM
 #33

I've been wondering recently what's ahead for us in terms of the evolution of digital currencies.

There has been a lot of amazing development with blockchain and cryptocurrencies in general in the past decade. But I wonder if there's anyone working on other ideas or technologies that could also be promising. I'm not talking about altcoins. I mean real breakthrough ideas, similar to what happened when Bitcoin was originally introduced. It would be really exciting to witness the birth of something completely new in the next years/decades. I'm sure we have other brilliant "Satoshis" out there.

Do you mean that Bitcoin never satisfies you OP? But for me, Bitcoin is enough. In fact, it was a unique project created and I don't think it was necessary to have new like Bitcoin otherwise, it was just considered an altcoin and had no originality. Adoption may not be as fast as we see but it somehow increasing meaning that people are started recognizing the value of Bitcoin. Cryptocurrencies may not stay forever but I believe in the contribution it has to the community and market development.

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January 08, 2023, 10:36:30 AM
 #34

I've been wondering recently what's ahead for us in terms of the evolution of digital currencies.

There has been a lot of amazing development with blockchain and cryptocurrencies in general in the past decade. But I wonder if there's anyone working on other ideas or technologies that could also be promising. I'm not talking about altcoins. I mean real breakthrough ideas, similar to what happened when Bitcoin was originally introduced. It would be really exciting to witness the birth of something completely new in the next years/decades. I'm sure we have other brilliant "Satoshis" out there.

I'd love to learn more about cool projects and concepts that could be the evolution of blockchain (again, not altcoins please  Wink)

Bitcoin will still remain on the top of the foodchain, even though there is no improvement as compare to altcoins project, it is the prime mover so that will remain.

The market has been saturated already, not sure if there is some projects that will come up in the future that will disrupt crypto market again. And those that is coming up is pure hype as they could simply die in the next bear market. So not sure what blockchain idea you are looking for that is not "altcoin related".
I agree bitcoin will stay on top to lead other coins because bitcoin is first. Unless, sometime in the future, there is a different technology that can provide more impact than bitcoin, the current situation is bound to change. But bitcoin will continue to lead cryptos, and even though the market is saturated right now, people who believe in bitcoin will continue to buy and collect more. They want a lot of profit from investing in bitcoins, and now they are still trying to own more.
I also would like bitcoin to be the number one cryptocurrency forever, but it seems to me that ETH will soon take its place. You could call ethereum the state currency. Look how quickly and demonstratively ETH mixers are closing. For the most part, bitcoin is already obsolete. It has no additional features other than transfers. Whereas ETH has much more functionality.
We would not think that ETH could replace bitcoin but it could happen in the future. Moreover, we will never know what the future will be like. We still hope that bitcoin can become the number one cryptocurrency and it can still happen in a few years. And ETH still has a chance to be behind bitcoin in leading other altcoins, especially those in the ETH network. Maybe we feel that ETH has more functions, but if an ecosystem is newer than ETH and can offer more functions, the coin can replace the ETH position later.

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January 08, 2023, 12:04:33 PM
 #35

We are still early to say things that will happen ahead of us because honestly, we are still in the early stage and there are more updates and developments to come in the future. Also, don't forget the vast lists of countries and big companies that will gonna adopt and implement cryptocurrency in their business and economy. Therefore, if you are hesitant to invest in any of those coins, it's better to wait until things will be cleared and only legit coins will remain because as we come to the future, they will keep updating their regulations until no scammers will remain in this industry.

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January 08, 2023, 12:21:48 PM
 #36

We are still early to say things that will happen ahead of us because honestly, we are still in the early stage and there are more updates and developments to come in the future. Also, don't forget the vast lists of countries and big companies that will gonna adopt and implement cryptocurrency in their business and economy. Therefore, if you are hesitant to invest in any of those coins, it's better to wait until things will be cleared and only legit coins will remain because as we come to the future, they will keep updating their regulations until no scammers will remain in this industry.
We are getting benefits from crypto currency and I think we have passed many years to analysis about it. It is true that many countries and companies are accepting Bitcoin and other crypto currency. If we wait some more years, will it be possible for us to buy crypto at low price? I think it is time to analyze more and buy potential crypto.
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January 08, 2023, 02:23:32 PM
 #37

We are still early to say things that will happen ahead of us because honestly, we are still in the early stage and there are more updates and developments to come in the future. Also, don't forget the vast lists of countries and big companies that will gonna adopt and implement cryptocurrency in their business and economy. Therefore, if you are hesitant to invest in any of those coins, it's better to wait until things will be cleared and only legit coins will remain because as we come to the future, they will keep updating their regulations until no scammers will remain in this industry.
We are getting benefits from crypto currency and I think we have passed many years to analysis about it. It is true that many countries and companies are accepting Bitcoin and other crypto currency. If we wait some more years, will it be possible for us to buy crypto at low price? I think it is time to analyze more and buy potential crypto.
We might be able to buy at a cheaper price if there's a bear market, the only difference is the price level. Also, crypto might only crash that much if there's a new technology or currency that will be introduced in the market, this might be a big threat for Bitcoin but its hard to know if this is possible to happen or we will stick with the fiat currency and cryptocurrency. Bitcoin is still the king, the market depends on its trend its hard to break it because the future is still good for Bitcoin.
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January 08, 2023, 05:35:09 PM
 #38

There has been a lot of amazing development with blockchain and cryptocurrencies in general in the past decade. But I wonder if there's anyone working on other ideas or technologies that could also be promising. I'm not talking about altcoins. I mean real breakthrough ideas, similar to what happened when Bitcoin was originally introduced. It would be really exciting to witness the birth of something completely new in the next years/decades. I'm sure we have other brilliant "Satoshis" out there.
There is nothing like this yet. Bitcoin is still reference in the universe of decentralized finances and it seems it will remain like this for a long time yet, besides being the basic layer for any other projects' concepts to start being imagined and developed. Even the altcoins chains you don't want people to mention had their original source on bitcoin. So it's impossible to talk about the future of digital currencies without mentioning, thinking or using bitcoin as reference. Maybe in some decades from now we will heard about something really new. Until there bitcoin does all the job. Cheesy

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January 08, 2023, 05:36:12 PM
 #39

~
I think people are having misconception between being adopted by the public and being just something mainstream in the news. When we're talking about public awareness, surely many had already heard about crypto but surely also many had not planned to adopt it just yet and yeah I believe that 10% that you mentioned.
I barely even heard any adoption here in my area, just a general knowledge. Maybe?

Maybe due to NFT craze back then people have been somehow aware of it.
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January 08, 2023, 07:19:53 PM
 #40

We are still early to say things that will happen ahead of us because honestly, we are still in the early stage and there are more updates and developments to come in the future. Also, don't forget the vast lists of countries and big companies that will gonna adopt and implement cryptocurrency in their business and economy. Therefore, if you are hesitant to invest in any of those coins, it's better to wait until things will be cleared and only legit coins will remain because as we come to the future, they will keep updating their regulations until no scammers will remain in this industry.
We are getting benefits from crypto currency and I think we have passed many years to analysis about it. It is true that many countries and companies are accepting Bitcoin and other crypto currency. If we wait some more years, will it be possible for us to buy crypto at low price? I think it is time to analyze more and buy potential crypto.
when talking about crypto currency prices, of course the future is still very bright,
especially now that crypto currency prices can be said to be very cheap and it is still very easy to experience up trends again,
many countries have also made rules regarding crypto currency, so I Market sense will be healthier and blockchain technology will also develop in the future,
so don't worry and keep investing.

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