Is bitcoin and cryptocurency the future of money?

[Taimoor Jutt]

Yes it is, definitely you can earn a lot profit by investing there. Everyone is talking about cryoto currency if we visit business market or anything related to business. crypto currencies world is getting enormous fame just in few years. It is due to volatility of BTC and CC . It doubles in price in just few days .

 

[Yewande]

Nope. There will never be a time where Crypto becomes the world's money. Certainly crypto currency will always be out there making influence on economy. But there will never be a time dollar will be dissolved for Bitcoin or any other cryptocurrency.

 

[Noor khan]

Bitcoin and other alt coins are already the future of money with the way cryptocurrency is moving now and the way the price is getting high this days I see the future of money in cryptocurrency, bitcoin, ethereum and so many good alt coins

Yes Bitcoin and other alt coins are becoming the future of money by the way of cryptocurrency because in this era money achieving opportunity is increasing day by day

 

[Niftyyem]

I think that the only thing still holding back the global use of bitcoin and other Cryptos is those who aren't enlightened enough to understand how it works and a few others who are still very skeptical about it.

 

[Donkiz]

Cryptocurrency has the capacity to grow and become bigger with more acceptability, but I don't think it's going to replace our fiat currencies, not now and not in the foreseeable future. The introduction of cryptocurrency is to compliment the fiat currencies and help facilitate international transactions without the prying eyes and scrutiny from government agencies, not to replace the fiat currencies.

 

[Abbas ali]

Cryptocurrencies and digital money at large are the future of money, that much is clear, but in order for cryptocurrencies to fully generate and create the promised benefits it is increasingly clear that incumbent institutions must be brought into the conversation.

 

[Goodday]

Yes, l will say bitcoin and other cryptocurrencies are really the future money. Even though it will be very difficult for us to do without our local fiat, l believe the time will come that these local fiat will no more be demanded highly like today and value place on them might also reduce due to the effect.

 

[tuna89]

Bitcoin may be the future money if the Governments put in great support by integrating into their Central Banks so as to support the fiat money by reducing its regular printing, also, the btc accounts of every holder can be attached to their local bank identities to be able to trace all transactions and prevent fraud. Putting all the above in place, btc can stand to control the future and the world.

 

[FunkE]

There's no gain saying that its the currency of the future. Because as we have come to know the only thing constant in life is change. And some money experts have been telling us since the 1980s that the world currency the dollar, continue to depreciate. Another form of payment will rise in its place, and with the breakneck technology the world is moving on, crypto is the future of payment.

 

[Jomarie05]

Coming years Bitcoin will dominate the whole world of Crypto. But its implementation is not easy in under developing countries.I only think that we should only concerntrate in physical cash,I prefer that one to cryptocurrency anytime.

 

[Lagazine]

Bitcoin, an electronic coin, was the first cryptocurrency, which was introduced in the year 2008 by Nakamoto Satoshi. Since then, several different cryptocurrencies have spring up and are making rounds in the market. But I see bitcoin as the main digital money that has taken over the coin market since then. Not until some years back, when Etherium was introduced, bitcoin was and still the king.

 

[Khezo]

Of course you cryptocurrency and Bitcoin is the future of money a lot of Central banks already accepting and big companies are also accepting the fact that bitcoin and cryptocurrency and here to stay so it's better invest now that you still got time

 

[Kamon c4]

Cryptocurrency has been showing great signs in recent days. Even though this developments has been glaring to the eyes, this doesn’t justify endorsing it a general currency for all. I don’t see cryptocurrency becoming the world currency. Fiat currencies are physical And cannot be replaced in the physical trade markets

 

[Hammad1245]

It

Bitcoin, an electronic coin, was the first cryptocurrency, which was introduced in the year 2009. Since then, several different cryptocurrencies have sprung up and are making rounds in the market. Bitcoin is a part of a decentralized and distributed digital cash system, which is measured using the digital ledger known as the blockchain transaction database. So, if your next questions are "why use cryptocurrencies" or "why use Bitcoin", then read on to get the answers for these queries.

It seems to be true. Because the value of it is increasing day by day. It may hit million $ in the coming future. The way in which it is going up shows clearly that people will invest in it as the investment increases the rate of bitcoin becomes very high.

 

[mizzzlotam]

These are the future our fore fathers predicted. The one global currency,dispensing with all other currencies. They will soon be the only currencies accepted in international markets. Just recently, the first transfer fee of a footballer with Bitcoin was witnessed.

 

[Patrik]

i don't think it will replace the regular money in the future, maybe it will be considered as a secondary payment method but never primary, it's volatile, it can be considered as a lot of risk if used primarly

 

[Dowenship]

Yeah Bitcoin is a decentralized non governmental and distributed digital system, measured using the digital ledger just as you said but is not yet acceptable as a mode of transaction in some countries and yet people still believe its the future currency.

 

[Veetos12]

It is a well known fact that the world is moving at an incredibly fast pace when it comes to digital marketing, meanwhile, cashless policies are centralized to make digital transactions efficient. As a result,the evolution of digital currencies such as bit coin and others has come to stay. In few years to come, cripto currencies will be the only means of exchange.

 

[Seun4luv]

The German bank published a research report called Imagine 2030. In this report the bank says that crypto currency are currently just additions to the current money payment system. It will be good in the future.

 

[Akinwale701]

Nope. There will never be a time where Crypto becomes the world's money. Certainly crypto currency will always be out there making influence on economy. But there will never be a time dollar will be dissolved for Bitcoin or any other cryptocurrency.

This question is quite funny, to be honest. What is the difference between bitcoin and Cryptocurrency? Bitcoin is Cryptocurrency! Well, to answer the question OP asked. Bitcoin is indeed the future of the world, because a lot of people are beginning to become aware of the importance of bitcoin. almost every company has bitcoin right now.