Yucky
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June 23, 2024, 12:28:29 PM |
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Considering the rate at which Bitcoin is spreading across the globe, it might be globally accepted as a means of exchange in all parts of the world in 10 years to come.
even though it's yet to be officially made a global means of exchange, when you're considering the most reliable medium through which you can carry out international transaction, Bitcoin is the surest and most convininece means to bank on. In the next ten years, we might not be certain that Bitcoin will get accepted as a global legal tender but at that, it's going to serve as the most viable digital asset that's used in not just storing wealth but also creating wealth.
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Gladitorcomeback
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June 23, 2024, 01:26:32 PM |
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Considering the rate at which Bitcoin is spreading across the globe, it might be globally accepted as a means of exchange in all parts of the world in 10 years to come.
No, it's going to take way more time than that. For it to get globally accepted, it will need to convince all the governments to accept it and most of them are very stubborn and they don't want to accept it or let their people use it freely. The reason behind this is obvious, it makes them lose control because they can't control the network or the blockchain but can only check transactions. For governments to allow something, they must have complete control over it, if someone is making a transaction, it should give them enough control so that they can revert that transaction if they want to or hold the funds and ask certain questions and have requirements for the sender, and Bitcoin doesn't allow them to have this control, this is why they don't like it.
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wiss19
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June 23, 2024, 04:46:23 PM |
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Everybody can say something about Bitcoin. Those who understand the basics of Bitcoin can have informed opinions on it. But even those who don't understand about it can also say something. That's how Bitcoin gained good and bad reputation. To some, Bitcoin is the future of money. To others, it's a Ponzi. To some, it's the kind of freedom that everybody deserves in the financial world. To others, it's merely a currency preferred by criminals.
It's good to know that you are on the right side of the fence.
Yes, it is true that due to the increasing popularity of Bitcoin, everyone is aware of Bitcoin, and people who know Bitcoin better than others give more compliments about it. Some people are new to Bitcoin or they have lost a bit of money by buying it or they didn't buy Bitcoin in the right direction from the right place, they don't have a good opinion about Bitcoin and there are people like that those who only know about Bitcoin and have never invested in it because of what they have heard. I've seen people form their opinions about Bitcoin or trading based on their experiences or what they've heard, mostly those who trade and profit from trading, have a positive opinion about the coin and trading, and people who have suffered losses in trading have a negative opinion about it.
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kryptqnick
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June 25, 2024, 12:34:06 PM |
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I don't think Bitcoin was literally the first money introduced in digital form without a physical form. In 1989, David Chaum founded DigiCash, which was an electronic money corporation. The idea was right, but the timing was wrong, so it went bankrupt in 1998. But Bitcoin was the first successful project of that sort, and perhaps the first decentralized one. Also, I think it's incorrect to say that Bitcoin forbids control by governmental or private institutions. Bitcoin doesn't forbid anything; it's just built in a certain way that makes it difficult to pursue some goals, such as controlling the currency. The text also has many unnecessary generalizations, like everyone regretting their lack of trust in Bitcoin or nobody believing in its success in the early days. Moreover, the current adoption rate is too slow for global adoption in 10 years, if by global adoption we mean billions of users.
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Ojinga
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Patience is key
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June 25, 2024, 01:41:37 PM |
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On January 3rd 2009, Satoshi Nakamoto created the Bitcoin network as a form of cryptocurrency. It was the first time in the history of money that someone was introduced a form of money that is absolutely intangible, does not exist in a any physical form; which means that it was introduced as a form of money can be used as a means of exchange yet can not be touched or physically felt.
More importantly, Bitcoin was introduced as a form of money that is completely decentralized. Bitcoin network was introduced as a system of money that totally forbids any form of control by governmental or private institutions including the brain or brains behind it's existence. Bitcoin was created to run on a digital ledger called the blockchain technology.
This system of money was completely new to human existence when it was first introduced as there's never been a similar system of money that was ever adopted as a means of exchange and that was why many people who got the knowledge of Bitcoin at it's early stage of existence never believed that it was going to be a successful project. It was because of the numerous uncertainties surrounding the possibility of the digital coin to succeed that made many people who got the first hand information about Bitcoin to neglect it even when it would've cost them very little or no money to own hundreds and thousands of bitcoins then.
Despite the doubt by majority of the people who were introduced to Bitcoin as it's earliest stage about the possibility of the coin to achieve the projected purposes it was created for, Bitcoin went on to defile all odds and successfully become first cryptocurrency project that was approved as a means of exchange and store of value in global market.
Today, Bitcoin is currently used as a means of exchange many countries and provinces of the world and just 15 years after Bitcoin was launched, a piece of Bitcoin is currently a little above 65,000 US dollars. The people who never believed that it'll become a successful project hence failed to invest in it when it was first introduced are now living a life of deep regret.
Bitcoin today is considered as the future global currency because of it's ability to solve global financial problems like allowing people from different parts of the world to transmit money at will, anywhere in the world and at any given time. Bitcoin is no longer solving the financial problems of 50-80 million people in one particular country instead, it's now solving the problems of more than 7 billion people and that's why Bitcoin network will continue to expand across the globe until it finally becomes a legal system of money in all parts of the world.
Considering the rate at which Bitcoin is spreading across the globe, it might be globally accepted as a means of exchange in all parts of the world in 10 years to come.
everything that you analyze is true but the only problem we have today is the government, we all know that Bitcoin is the future global currency but if only the government Centralized and make it regulate in the country today. Because right now we don't know what the government holds against Bitcoin and we all know that they do pay their taxes, but I want to ask, what's the main reason that the government don't really want to make Bitcoin to me regulate in the countrys today? Right now some banks don't want anything concerning Bitcoin and them to get together but they do know that Bitcoin can improve their interest, and make them get more customers as more than they've today. In 10 years to come Bitcoin will beat the world and surely the government won't hold any alignment with them anymore. I believe that because it's getting there already.
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Mate2237
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June 25, 2024, 01:50:57 PM |
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You did well to had said things about Bitcoin but all being said is as you narrated the history and development of Bitcoin. The title of your thread would had been best to say you have now understood what Bitcoin is about because I was actually expecting you to say something unique or you are testifying on your experiences encountered on Bitcoin.
When there is nothing to say or no idea to create a good content then rephrasing becomes the best for them. But I will not blame him or her because we also started like this and in the process started not adjust and now we only create thread when it is necessary and on important topics. Well it is good to know the general knowledge nof bitcoin so he can defend himself in public arguments and educate others who are not well educated with some areas. Op I encourage to learn more.
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AYOBA
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June 26, 2024, 05:54:42 PM |
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Bitcoin today is considered as the future global currency because of it's ability to solve global financial problems like allowing people from different parts of the world to transmit money at will, anywhere in the world and at any given time. Bitcoin is no longer solving the financial problems of 50-80 million people in one particular country instead, it's now solving the problems of more than 7 billion people and that's why Bitcoin network will continue to expand across the globe until it finally becomes a legal system of money in all parts of the world.
The Bitcoin has surround all the world and it has helped so many peoples in times of exchanges the money from one hand another, Bitcoin allowed everyone to transmit their money to another people's without any network congestion, and if we observe it now the numbers of people's that are doing transactions through Bitcoin now has become much, unlike before that is only fews of people's that using Bitcoin transactions. Because most people's was thinking that they scammed can them, but now that the system has surround the world everyone are into the Bitcoin investment and also keep their assets in Bitcoin. But i didn't see any reasons why the government don't want the Bitcoin to become legal tender in the country, because the way Bitcoin is solving everybody problems all this while i think it has reach that government can considering it and make it to become legal tender.
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Z_MBFM
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June 26, 2024, 06:17:01 PM |
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You are a new user in the forum, but you are already trying to say something about Bitcoin, which means you have some idea about Bitcoin that you like or want to share. Of course, that's a good point for you, but you know as much as new information about Bitcoin, but there's nothing to tell about it. Even if you know Bitcoin, you need to recharge a lot and understand what it's all about. If you grasp it like this, you will slowly learn and understand much about Bitcoin. First of all, you need to know the basics of Bitcoin and how it works. Bitcoin is a coin that is fun to learn about and recharge. Even though it has had its ups and downs, once you start recharging about it, you kind of do something inside. It was sad to see the state it was in at the end of 2023. Anyway, I hope you will know better. We need to learn more as we look towards Bitcoin's bright future.
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Lanatsa
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June 26, 2024, 07:42:57 PM |
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You are a new user in the forum, but you are already trying to say something about Bitcoin, which means you have some idea about Bitcoin that you like or want to share. Of course, that's a good point for you, but you know as much as new information about Bitcoin, but there's nothing to tell about it. Even if you know Bitcoin, you need to recharge a lot and understand what it's all about. If you grasp it like this, you will slowly learn and understand much about Bitcoin. First of all, you need to know the basics of Bitcoin and how it works. Bitcoin is a coin that is fun to learn about and recharge. Even though it has had its ups and downs, once you start recharging about it, you kind of do something inside. It was sad to see the state it was in at the end of 2023. Anyway, I hope you will know better. We need to learn more as we look towards Bitcoin's bright future.
Actually it isnt really that hard on learning about Bitcoin and other things on which it is really just that correlated to it because we do have those informations that could really be read up and seen online with just some few google searches on which you would really be able to make yourself having that kind of knowledge on which at the moment that you would really be telling up something into other people about it then you could really be still that able to do with those basic stuffs and other things on which as long you arent that spreading out false informations then it would really be just fine. Take note, that you shouldnt really be that making some guarantees about making money with Bitcoin investment if you dont really like on getting blamed. One of the best thing on spreading about information and awareness of Bitcoins existence is on having with these kind of sharing information into other people on which this might really be that a minimal step about recognition and adoption but it is really that at least making such small steps that will really be able to help at least in moving forward.
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Donneski (OP)
Jr. Member
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Activity: 40
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June 28, 2024, 01:41:42 AM |
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You did well to had said things about Bitcoin but all being said is as you narrated the history and development of Bitcoin. The title of your thread would had been best to say you have now understood what Bitcoin is about because I was actually expecting you to say something unique or you are testifying on your experiences encountered on Bitcoin.
When there is nothing to say or no idea to create a good content then rephrasing becomes the best for them. But I will not blame him or her because we also started like this and in the process started not adjust and now we only create thread when it is necessary and on important topics. Well it is good to know the general knowledge nof bitcoin so he can defend himself in public arguments and educate others who are not well educated with some areas. Op I encourage to learn more. Thank you for your words of encouragement. I actually did not rephrase any initial post on the forum or did I copy this particular post from anywhere. I was finding it extremely difficult to understand the basics of Bitcoin in general until recently that I had to read few journals and documentaries about Bitcoin and what I posted was my own little way putting out what I understood. Going forward, I'll continue to learn more about one of the greatest innovations of man(Bitcoin)
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Tmoonz
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June 28, 2024, 04:11:10 AM |
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Considering the rate at which Bitcoin is spreading across the globe, it might be globally accepted as a means of exchange in all parts of the world in 10 years to come.
Yes, it is true that bitcoin is almost known to some of the world's population, but there are still those who do not want to participate in the technological development and progress of blockchain and digital money (bitcoin), regarding the problem of being a legal means of payment, I think this discourse is the hope of all Bitcoin holders, however as we know the government will never agree to that, and bitcoin will always be an investment tool other than gold Alot of people are living in ignorant not to have seen the potentials that Bitcoin holds but yeah it is not for everybody and can never be, I always feel happy that I embrace the potentials that Bitcoin holds, the global economy are growing in digital explorations and civilization it can be short sighted not to see this light that Bitcoin has brought as the world largest digital asset class which has proven to be the best beyond every reasonable doubt, I have always have this believed that as time goes on Bitcoin will be generally accepted.
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Cryptomultiplier
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June 28, 2024, 07:22:54 AM |
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Considering the rate at which Bitcoin is spreading across the globe, it might be globally accepted as a means of exchange in all parts of the world in 10 years to come.
Yes, it is true that bitcoin is almost known to some of the world's population, but there are still those who do not want to participate in the technological development and progress of blockchain and digital money (bitcoin), regarding the problem of being a legal means of payment, I think this discourse is the hope of all Bitcoin holders, however as we know the government will never agree to that, and bitcoin will always be an investment tool other than gold Alot of people are living in ignorant not to have seen the potentials that Bitcoin holds but yeah it is not for everybody and can never be, I always feel happy that I embrace the potentials that Bitcoin holds, the global economy are growing in digital explorations and civilization it can be short sighted not to see this light that Bitcoin has brought as the world largest digital asset class which has proven to be the best beyond every reasonable doubt, I have always have this believed that as time goes on Bitcoin will be generally accepted. The newest revelation that has led many to accept BTC is the fact that the government of any country can either chose to adopt it as a legal tender or use it in addition to their countries currency by merely regulating its activity. Now, that's a big plus for something that was seen as a chaos waiting to happen, hence why many governments created their CBDCs to prevent or discourage their citizens from patronizing cryptocurrencies like Bitcoin for real because of the lure of what digital currency stands to represent and project. It's now very potent, in that all the sayings and thought of the first and popular cryptocurrency, Bitcoin failing, has been disproved. A time will come when the world governments would have no choice than to adopt BTC and cryptocurrencies as a recognized means for payments after transactions because because of its consistency in proving regulators wrong and doing the needful where our regular commercial Banks fail or fall short.
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BitGoba
Full Member
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June 28, 2024, 07:33:32 AM |
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On January 3rd 2009, Satoshi Nakamoto created the Bitcoin network as a form of cryptocurrency. It was the first time in the history of money that someone was introduced a form of money that is absolutely intangible, does not exist in a any physical form; which means that it was introduced as a form of money can be used as a means of exchange yet can not be touched or physically felt.
More importantly, Bitcoin was introduced as a form of money that is completely decentralized. Bitcoin network was introduced as a system of money that totally forbids any form of control by governmental or private institutions including the brain or brains behind it's existence. Bitcoin was created to run on a digital ledger called the blockchain technology.
This system of money was completely new to human existence when it was first introduced as there's never been a similar system of money that was ever adopted as a means of exchange and that was why many people who got the knowledge of Bitcoin at it's early stage of existence never believed that it was going to be a successful project. It was because of the numerous uncertainties surrounding the possibility of the digital coin to succeed that made many people who got the first hand information about Bitcoin to neglect it even when it would've cost them very little or no money to own hundreds and thousands of bitcoins then.
Despite the doubt by majority of the people who were introduced to Bitcoin as it's earliest stage about the possibility of the coin to achieve the projected purposes it was created for, Bitcoin went on to defile all odds and successfully become first cryptocurrency project that was approved as a means of exchange and store of value in global market.
Today, Bitcoin is currently used as a means of exchange many countries and provinces of the world and just 15 years after Bitcoin was launched, a piece of Bitcoin is currently a little above 65,000 US dollars. The people who never believed that it'll become a successful project hence failed to invest in it when it was first introduced are now living a life of deep regret.
Bitcoin today is considered as the future global currency because of it's ability to solve global financial problems like allowing people from different parts of the world to transmit money at will, anywhere in the world and at any given time. Bitcoin is no longer solving the financial problems of 50-80 million people in one particular country instead, it's now solving the problems of more than 7 billion people and that's why Bitcoin network will continue to expand across the globe until it finally becomes a legal system of money in all parts of the world.
Considering the rate at which Bitcoin is spreading across the globe, it might be globally accepted as a means of exchange in all parts of the world in 10 years to come.
Bitcoin solves the problem of the fiat system. The fiat system is a big scam. Henry Ford, the founder of the Ford Motor Company, once said: "It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning." Due to the excessive printing of fiat currencies by central banks without any backing, fiat currencies do not maintain their value in the long term. Inflation is a deliberately planned theft of savings by the ruling oligarchy. Every fiat currency in the world suffers a similar fate, leading to significantly reduced purchasing power and the loss of savings value for citizens of all countries. Everyone feels that 100 euros today can buy much less than what the same 100 euros could buy a year ago. This is inflation, or a hidden tax that we all pay. But we pay it with money we have to earn, while states and banks pay it with money they create as needed and in the amounts they require. Bitcoin fixes this problem and offers salvation from this scam. Bitcoin is a lifeboat.
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Tmoonz
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June 28, 2024, 10:56:01 AM |
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You did well to had said things about Bitcoin but all being said is as you narrated the history and development of Bitcoin. The title of your thread would had been best to say you have now understood what Bitcoin is about because I was actually expecting you to say something unique or you are testifying on your experiences encountered on Bitcoin.
When there is nothing to say or no idea to create a good content then rephrasing becomes the best for them. But I will not blame him or her because we also started like this and in the process started not adjust and now we only create thread when it is necessary and on important topics. Well it is good to know the general knowledge nof bitcoin so he can defend himself in public arguments and educate others who are not well educated with some areas. Op I encourage to learn more. Thank you for your words of encouragement. I actually did not rephrase any initial post on the forum or did I copy this particular post from anywhere. I was finding it extremely difficult to understand the basics of Bitcoin in general until recently that I had to read few journals and documentaries about Bitcoin and what I posted was my own little way putting out what I understood. Going forward, I'll continue to learn more about one of the greatest innovations of man(Bitcoin) You did well my friend for putting out that, irrespective of how it was done, the journey of a thousands miles begins with a step, it is a good thing that you have joined the forum, every high rank members you see on the forum today started from somewhere, learning is a continuous process, keep learning and explore your curiosity as you navigates the forum, it has more do with being active in the forum, reading, and making researches by making comparisons in order to get a useful information, am far better than I was when I started, I believe that you too can do even more better.
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PrivacyG
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June 28, 2024, 12:13:28 PM |
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I thought this was going to be a Thread about some body who moved from their Country in which Bitcoin is banned and is now free to speak about it. Or about some body who thinks it is safer nowadays to speak about Bitcoin and not become a target for doing so. I was getting my thoughts ready even for both scenarios. I do not understand why some people come here and start explaining Bitcoin to us. Unless you want to explain it so we can correct you or you are doing it to educate, it is a pointless Post. It is like going to a Physics Forum, creating an Account and starting to explain what Physics is.
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Fundamentals Of
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June 28, 2024, 12:18:01 PM |
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Everybody who has heard of Bitcoin and got a little bit curious and ended up spending even a few minutes searching about what it is will definitely have something to say about Bitcoin.
That's a good start for you OP. Everybody starts from the basics. Knowing Satoshi Nakamoto or the very elementary definition of Bitcoin is good enough for a start.
It's just a matter of time before you will have more knowledge about Bitcoin and share it to others.
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CageMabok
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June 28, 2024, 12:24:51 PM |
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I am really happy say. I leard more information form bitcoin. It help to future growth and future savings. Bitcoin is help my cretical time. Bitcoin is all-time favourite. I am always trust the bitcoin.
Not only you have been helped by Bitcoin during difficult times, but there are many people who have believed in Bitcoin and they have all felt helped by Bitcoin when times were difficult. And if you are one of the many people who have been helped by Bitcoin because you already believe in Bitcoin, now is the time for everyone (including you too) to return to buying Bitcoin whenever you have the money and ability to do so. Because saving money alone will not save you from unexpected difficulties in your life.
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lizarder
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June 28, 2024, 12:40:12 PM |
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Bitcoin today is considered as the future global currency because of it's ability to solve global financial problems like allowing people from different parts of the world to transmit money at will, anywhere in the world and at any given time. Bitcoin is no longer solving the financial problems of 50-80 million people in one particular country instead, it's now solving the problems of more than 7 billion people and that's why Bitcoin network will continue to expand across the globe until it finally becomes a legal system of money in all parts of the world.
Considering the rate at which Bitcoin is spreading across the globe, it might be globally accepted as a means of exchange in all parts of the world in 10 years to come Almost all humans know about Bitcoin, but not everyone is in it, Bitcoin is still an alternative not a medium of exchange in all parts of the world because there are still countries that prohibit the use of Bitcoin. No one knows what will happen in the next ten years, especially for the issue of medium of exchange. Bitcoin will definitely continue to find a place for everyone because the potential it has continues to show positive changes for everyone who dares to get involved in it. Bitcoin provides space for anyone to achieve financial freedom and Bitcoin also excels in maintaining value so that many people are aware of saving Bitcoin. Let's hope that in the future bitcoin will continue to be as it is now so that people have the option to achieve financial freedom by getting involved in it.
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| . .Duelbits. | │ | | │ | ▄▄█▄▄░░▄▄█▄▄░░▄▄█▄▄ ███░░░░███░░░░███ ▀░░░▀░░▀░░░▀░░▀░░░▀ ▄░░░░░░░░░░░░ ▀██████████ ░░░░░███░░░░▀ ░░█░░░███▄█░░░█ ░░██▌░░███░▀░░██▌ ░█░██░░███░░░█░██ ░█▀▀▀█▌░███░░█▀▀▀█▌ ▄█▄░░░██▄███▄█▄░░▄██▄ ▄███▄ ░░░░▀██▄▀ | . REGIONAL SPONSOR | | ███▀██▀███▀█▀▀▀▀██▀▀▀██ ██░▀░██░█░███░▀██░███▄█ █▄███▄██▄████▄████▄▄▄██ ██▀ ▀███▀▀░▀██▀▀▀██████ ███▄███░▄▀██████▀█▀█▀▀█ ████▀▀██▄▀█████▄█▀███▄█ ███▄▄▄████████▄█▄▀█████ ███▀▀▀████████████▄▀███ ███▄░▄█▀▀▀██████▀▀▀▄███ ███████▄██▄▌████▀▀█████ ▀██▄███▀██▄█▄▄▄██▄████▀ ▀▀██████████▄▄███▀▀ ▀▀▀▀█▀▀▀▀ | . EUROPEAN BETTING PARTNER | |
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Mate2237
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 28, 2024, 01:29:30 PM |
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You did well to had said things about Bitcoin but all being said is as you narrated the history and development of Bitcoin. The title of your thread would had been best to say you have now understood what Bitcoin is about because I was actually expecting you to say something unique or you are testifying on your experiences encountered on Bitcoin.
When there is nothing to say or no idea to create a good content then rephrasing becomes the best for them. But I will not blame him or her because we also started like this and in the process started not adjust and now we only create thread when it is necessary and on important topics. Well it is good to know the general knowledge nof bitcoin so he can defend himself in public arguments and educate others who are not well educated with some areas. Op I encourage to learn more. Thank you for your words of encouragement. I actually did not rephrase any initial post on the forum or did I copy this particular post from anywhere. I was finding it extremely difficult to understand the basics of Bitcoin in general until recently that I had to read few journals and documentaries about Bitcoin and what I posted was my own little way putting out what I understood. Going forward, I'll continue to learn more about one of the greatest innovations of man(Bitcoin) Why I said you replace another people threads because what you have said have been said or created by users so all what your said is just like a duplicate from those ones. I don't mean that you copied exactly what they from them no but others have created it. But nothing bad what we all need is the knowledge in the technology because without the knowledge nothing will come. But when you have known then to participate and defending oneself is possible but if you are not knowledgeable in bitcoin then it is not possible for you to say something about bitcoin in the public domain. We are all learners here but there are some threads we wouldn't create again because it looks childish. But as a newbie like you are free to create to know more.
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Promocodeudo
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June 28, 2024, 02:08:37 PM |
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A general knowledge that every newbies should know about Bitcoin is exactly what this sounds like to me, a professional Bitcoin holder or trader most likely have this basics if not they wouldn't have gotten to their current levels with Bitcoin investment and trading, you must have understood Bitcoin enough to a very great extent to be able to know how well to trade or invest to the point you will be called a bitcoins trader or an investor. Bitcoin is something we shouldn't be seen as our job opportunities except as a full time trader because I believe you can still be able to make a whole lot of such knowledge as it's been expected,but anything aside trading of Bitcoin, just an investor can never be a reason you will have to say you are working or seeing Bitcoin as your occupation because as an investor you will have to wait a while for profits.
For me despite the love I have for Bitcoin I wouldnt want to say that Bitcoin is a profession, it an investment that's capable of enriching individual at the same time it can temporally make individual money depreciate but with the same value, mate there is a misconception I want to correct once you have a little holding in Bitcoin, you will be addressed as an investor, your holding does not matter, lets not forget that they so called bitcoin traders and investors that have gather more kniwledge in the system started somewhere, they didn't just wakeup to become gurus in bitcoin, a journey of a thousand mile starts from one day, for me, Bitcoin investment is a contimus journey that requires a personal envoragement for one not to derail from the main goal. I agree with you that Bitcoin is not an occupation, this is the reason why most people that doesn't have knowledge about Bitcoin goes into it with everything they have without having fund left with them or alternative source of income, I will still say it again that Bitcoin is a longterm investment and for one to able to continue with his or her holdings, such person must have other earnings that will help him or her to settle unexpected problems, so that he or she can stay relevant in the purwuit of this longterm goal.
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