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Author Topic: Cryptocurrency is the Future of Money  (Read 11513 times)

Online emmybd

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Cryptocurrency is the Future of Money
« on: December 16, 2020, 06:11:46 PM »
Crypto is affecting all parts of the world. It is extremely likely that crypto will touch everything that we utilize in our daily lives, such as our household products, like smart products. Because with technology upgrade, is also increasing micropayments as payments are made from one machine to the other, through apps without being processed through a central bank, only through blockchains.

When it comes to peer-to-peer lending, crypto adds another layer of transparency and security while disappearing the hurdles of trading through banks and centralized institutions for which additional fees and interest rates are required.

Slowly hospitals, stores, schools and universities are adopting crypto exchanges, especially in this pandemic which proliferates by touch. Bitcoin, not only makes transacting easier for busy people but also the disabled, while making it secure and quite impossible to track due to its anonymity.

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Cryptocurrency is the Future of Money
« on: December 16, 2020, 06:11:46 PM »

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Re: Cryptocurrency is the Future of Money
« Reply #1 on: December 16, 2020, 06:20:48 PM »
This is true, because cryptocurrencies are becoming more and more popular and more and more countries and various areas want to cooperate with cryptocurrencies and use cryptocurrencies, and in general the cryptocurrency market is constantly growing and more and more different cryptocurrencies appear, and this confirms that cryptocurrencies are already just also very important for many people like fiat money.
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Offline zulfi125

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Re: Cryptocurrency is the Future of Money
« Reply #2 on: December 16, 2020, 07:37:38 PM »
Cryptocurrency will adopt by every business, institution, and everyone in the future. As you know, most of the big institutions and financial institutions are also using the payment method. In a future paper, the money will replace with cryptocurrency due to its low cost, ease of use, and other benefits. Hence, I think cryptocurrency will be the future of money.
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Re: Cryptocurrency is the Future of Money
« Reply #3 on: December 16, 2020, 08:06:08 PM »
This is true cryptocurrency is the currency of the future. Cryptocurrency has come into vogue in most countries, and it has started to be used as currency and the burden of fiat money has also reduced.
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Re: Cryptocurrency is the Future of Money
« Reply #4 on: December 16, 2020, 08:20:29 PM »
This is where the world is heading in the future.  In our times it is not yet so much obvious because of the decentralization of however future believers can fully understand how cryptocurrency will help every person to be free from traditional services which harden the loves of humanity.

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Re: Cryptocurrency is the Future of Money
« Reply #5 on: December 16, 2020, 11:18:07 PM »
We cannot say this because money should be authorized by the government. And I don't know whether they will legalize crypto as money in the future or not. As in my country, they don't legalize crypto as money, but only as a commodity

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Re: Cryptocurrency is the Future of Money
« Reply #6 on: December 17, 2020, 04:16:21 AM »
I do agree that as we are seeing it now the question is not anymore if cryptocurrency can be making inroads to more popular adoption but it is just a question of time. And soon this is going to be happening. Though we should be expecting many changes along the way. We need to purge bad platforms and players in the cryptocurrency industry so that more and more people can be trusting us.

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Re: Cryptocurrency is the Future of Money
« Reply #6 on: December 17, 2020, 04:16:21 AM »


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Re: Cryptocurrency is the Future of Money
« Reply #7 on: December 17, 2020, 04:58:33 AM »
It was said over time that cryptocurrency is the future of money but it's obvious to see a lot of scam projects then you begin to ask is it the future we are talking about in cryptocurrency since we are seen cryptoscam on daily basics because of this you will be push to begin ask is this the future of money in cryptocurrency or is the other way round.
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Offline Andruha1993

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Re: Cryptocurrency is the Future of Money
« Reply #8 on: December 17, 2020, 06:46:47 AM »
Yes it is. In 5 years, perhaps half of our planet will use crypto to buy food in stores, buy cars and apartments. It just takes time for society to accept everything and understand how it all works.
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Re: Cryptocurrency is the Future of Money
« Reply #9 on: December 17, 2020, 06:55:38 PM »
Yes, Correctly it is spreading all over the world and is burying its claws. Big companies are getting involved. Schools college universities hospitals all are converting to blockchain technology and investing in crypto, because everyone that next generation is based on crypto.

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Re: Cryptocurrency is the Future of Money
« Reply #10 on: December 17, 2020, 09:15:32 PM »
I recognize the advantages of crypto, but I don't think it will become popular with the concept of "money" anytime soon.
Currently most people, including investors, see crypto as a commodity to hold or invest. Very few people buy crypto for payment, except on Pornhub or a few crypto-accepting locations :)
CBDC is now a more viable solution than crypto. Personally, I don't think CBDCs are crypto because CBDCs are centrally managed by governments. It is possible that in the future crypto will be used in their micro ecosystems, and CBDC will be more widely accepted.
So for me, crypto will be a part of money's future.
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Offline Baroksz

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Re: Cryptocurrency is the Future of Money
« Reply #11 on: December 17, 2020, 10:08:13 PM »
I agree more with the concept of crypto currency, namely blockchain, rather than discussing the issue of money, money and money. There is nothing wrong with this concept, but I am very interested in the concept of decentralization and transparency, which when applied to government systems, health systems, and other systems will have a positive impact.
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Offline Bitrab

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Re: Cryptocurrency is the Future of Money
« Reply #12 on: December 17, 2020, 10:20:29 PM »
In the world of cryptocurrency, the level of transactions is constantly increasing. The financial services of cryptocurrencies in the digital ecosystem are growing more and more. The trend of development continues all over the world. The future of cryptocurrencies is very bright in every moment. The number of people in the market is constantly increasing.


Offline Cutter Cute

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Re: Cryptocurrency is the Future of Money
« Reply #14 on: December 18, 2020, 04:46:48 AM »
The future of crypto is in the hands of users and developers. Crypto adoption has entered a new era when we cannot make cash payments using fiat currency.

Cryptocurrency will change one's mindset in making payment transactions and the loan system, with the convenience obtained, someone will not spend a lot of time queuing at the bank. I think besides XRP and Bitcoin, there are other altcoins that I don't know have collaborated with banks and online store startups
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