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Author Topic: Cryptocurrency is the Future of Money  (Read 11539 times)

Offline Freemind

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Re: Cryptocurrency is the Future of Money
« Reply #60 on: January 06, 2021, 10:31:14 AM »
A bank in my country (Spain) called BBVA bought 5,000 Bitcoins in 2013 "without making much noise" at a price of $266 each. That bank did well to buy and begin to understand what Bitcoin and blockchain is and how it works. Not only have they made many millions saving those Bitcoins all these years, but they have understood how it works without problem. What I just said is the good side of the coin, as there are several more banks (Banco Santander) that are now in trouble for being associated with Ripple Labs, Inc.

What I mean is that banks need new technologies in order not to be left behind, but they also try to put barriers to it, since the transparency that blockchain offers is a threat to banks and governments.

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Re: Cryptocurrency is the Future of Money
« Reply #60 on: January 06, 2021, 10:31:14 AM »

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Offline tervel

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Re: Cryptocurrency is the Future of Money
« Reply #61 on: January 06, 2021, 11:10:37 AM »
The volume of data that the bank has to process is increasing with the rise of the digital economy. Another area in which banks will see a huge saving by using blockchain technology is KYC (Know Your Customer) operations. It seems that Cryptocurrency future money  will be influenced by banks.

Offline tampy784t

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Re: Cryptocurrency is the Future of Money
« Reply #62 on: January 06, 2021, 12:10:03 PM »
undoubtedly digital assets will become the future in the world of financial instruments, now we can see how many countries are beginning to implement blockchain technologies, as no one wants to miss opportunities and lag behind in technological progress

Offline flyaccount

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Re: Cryptocurrency is the Future of Money
« Reply #63 on: January 06, 2021, 01:04:50 PM »
If you say the future of this investment is very likely. However, if it is to become money as a means of payment, I think it is still difficult. Because indeed the challenges that crypto will face are really tough, even having to get rid of its characteristics. must be able to be stable.
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Offline Jaguar

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Re: Cryptocurrency is the Future of Money
« Reply #64 on: January 06, 2021, 02:17:57 PM »
One day the whole world will use crypto money. Blockchain technology will enter every home and everywhere. I absolutely agree with this. technology is constantly improving.

Yes of course. In the future Blockchain will enter every household because everyone will make it necessary use for day to day basis. Blockchain is improving and becoming popular especially these days of Bitcoin incredibly increasing. I guess the Next incredible pump would be altcoins.

Offline bigcash2011

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Re: Cryptocurrency is the Future of Money
« Reply #65 on: January 06, 2021, 02:27:53 PM »
It is just some restrictions and negative rules in some countries for crypto otherwise most of the countries have accepted the crypto as next generation solution for payments, transfers and as a store of value asset.

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Re: Cryptocurrency is the Future of Money
« Reply #66 on: January 06, 2021, 02:40:24 PM »
I doubt, I don't think cryptocurrency is the future of money,let's be realistic, not everyone can make use of a mobile or PC and don't forget some advanced age people won't buy the idea of making transactions and saving money online, they'll always think cash is easier and won't be easily cheated,but Cryptos are pretty difficult to keep and exchange though it can't be inflated by political decisions and saves time and stress.
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Re: Cryptocurrency is the Future of Money
« Reply #66 on: January 06, 2021, 02:40:24 PM »


Offline nelson4lov

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Re: Cryptocurrency is the Future of Money
« Reply #67 on: January 06, 2021, 05:18:05 PM »
Cryptocurrency has always been the future money since it was invented in 2009, just that it has become much more popular now, that even big financial institutions are looking to use it as a store of value not only that, Cryptocurrency was created for us to have a stress free transactions, e.g you can just sit at home and send crypto to anyone in any part of the world without leaving your comfort zone.
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Re: Cryptocurrency is the Future of Money
« Reply #68 on: January 06, 2021, 05:42:10 PM »
Nowadays cryptocurrency has become very popular all over the world.  Cryptocurrency has been popular all over the world for a long time. However, we can see that since the end of 2020, the cryptocurrency market has become better in 2021.  Currently Bitcoin and Etherium have risen in price so much that they have broken all records and set new records.  So I think people are looking at this cryptocurrency as the currency of the future.  And soon cryptocurrency will become Future Money.
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Offline Lorix

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Re: Cryptocurrency is the Future of Money
« Reply #69 on: January 06, 2021, 11:40:36 PM »
Cryptocurrency will be converted into future money. Money will be used as an alternative. But there will be money in the future. Bitcoin cannot be used for direct financial transactions because Bitcoin is a virtual currency. So money is needed to make direct financial transactions. However, Bitcoin will be one of the means for worldwide transactions.

Offline sampoerna

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Re: Cryptocurrency is the Future of Money
« Reply #70 on: January 06, 2021, 11:54:21 PM »
Whether later crypto will be said to be the future of money or not, it is certain that crypto is a valuable asset. And so far, we understand very well that crypto sometimes cannot be accepted and used as a means of payment in various countries.

Offline Tnoy30

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Re: Cryptocurrency is the Future of Money
« Reply #71 on: January 07, 2021, 07:27:23 AM »
Since cryptocurrency is virtual, there will be no real form of cryptocurrency. However, transactions will be made through digital instead of money. Cryptocurrency transactions will become more popular around the world. Cryptocurrency will play a more important role for shopping and digital transactions. Currently all purchases are possible online. So cryptocurrency will come in these mediums.

Offline KKH84

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Re: Cryptocurrency is the Future of Money
« Reply #72 on: January 07, 2021, 08:32:31 AM »
Indeed, the origin of crypto was created as a means of payment and Bitcoin became the first with various storms that have been through, now Bitcoin shows its identity.  Public distrust of paper currency will slowly make crypto a reference to be used as a transaction tool and this pandemic will slowly make people spend their time studying crypto and blockchain.

Offline ruhan007

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Re: Cryptocurrency is the Future of Money
« Reply #73 on: January 07, 2021, 08:33:13 AM »
Money has always played a critical role in the evolution of society. In order to understand the role cryptocurrencies can play in our future society, let’s look at what money does. :)

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Re: Cryptocurrency is the Future of Money
« Reply #74 on: January 07, 2021, 11:54:40 AM »
Cryptocurrencies are definitely our future! Blockchain technology will change our technologies and build a new financial world order!

 

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