Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: olivia on October 14, 2018, 09:26:41 AM
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The intension of creating btc is to act as digital cash, that is solely controlled by individuals without Government interference. "I stand to be corrected" if that's true, will it "bitcoin" be generally accepted as one united digital currency?
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bitcoin in my opinion will not be the currency of a country, because prices are not so stable, maybe bitcoin will become a digital asset of the future that is very influential for the world economy, and will the government be able to compensate for this cripto or bitcoin will be destroyed
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Bitcoin and altcoins are virtual money used on the internet. The conventional banks are encouraging a cashless society where people make payments and purchases without the use of physical cash. Yes, Bitcoin can replace money in the nearest future as the mainstream society are using digital cash inform of the fiat currency in their account to make virtual payment.
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Almost impossible that bitcoin can replace money, imagine if all people using digital money. It's not so good for wealth
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Yes in this time or in near future bitcoin has no possibility that it can replace money. Bitcoin is digital currency and it is not globally accepted. Because of its digital nature in order to use it Internet and electricity is must need but in many place where these things are not available, so this is one of the main reasons behind this situation. Another reason is its high unstable nature because of this its price fluctuate time to time and this thing ultimately affects the global reputation of it.
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I think this question similar to my previous answer is that bitcoin will not be fiat money but will be a great digital asset in the future because we know the value of fast change is perfect for my investment .
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in my opinion, not all bitcoin can be accepted as a digital currency, I hope that in the future bitcoin can be considered as a digital currency that can be used for legitimate exchanges.
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The intension of creating btc is to act as digital cash, that is solely controlled by individuals without Government interference. "I stand to be corrected" if that's true, will it "bitcoin" be generally accepted as one united digital currency?
Bitcoin is the future currency, It is the future technology. I think It will replace money at the coming future, when the bistcoin is more stable.
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I think it's impossible that bitcoin can replace money, because not all bitcoin can be accepted as digital currencies, but I hope that bitcoin in the future can be considered a digital currency that can be used for legitimate exchanges.
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I believe that this opinion, rooted in the broad masses, is the deep reason for believing in Bitcoin as the currency of the future, which allowed us to launch a spiral of its exchange rate growth. Not trusting banks, the masses see in Bitcoin an alternative and hope for a "fairer and more reliable" monetary system.