Is bitcoin and cryptocurency the future of money?

[Emma Aneni]

Yes we can say that these currencies will be future of money. It's volatility is everything, as it attracts people and investors to invest into crypto currency World. People's engagement to cryptocurrency is overwhelmin

 

[Adetayo100]

Cryptocurrencies and bitcoin 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 clear that incumbent institutions must be brought into the conversation.

 

[mcjerry]

Let hope it becomes legal accepted means of Exchange because I am not seeing any big sign that it will be globally accepted but people will continue to trade, hold and Exchange it which is normal to me

The signs of crypto currency globally accepted is written all over everywhere. If are current with crypto news. You will see that China is one of the countries that banned the use of bitcoin in there country. Now that's are planning to create there own crypto coin. Likewise many big investors are investing in crypto currency now

 

[Nicklas22]

The way things are going I thing crypto currencies will be the future of many and many trading firms but just that it will take longer time because some countries are banning crypto currency
But I think with time many people and county will adopt crypto currency as their form of money.

 

[chicnthin]

The world is now acknowledging cryptocurrency after a decade of its first release. Although a lot of people are still in dark about it, but I believe that cryptocurrency will be the future of money. There's still a much brighter future for crypto ahead.

 

[Mrallison]

In as much as am a fan of crypto currency I don't think it can be the future of money but will it have a great impact on our finance, absolutely yes. As it is many people are jumping into it either for trading or payment

 

[Noor khan]

We are in the digital era, and strongly doubt if any government or financial institutions Can stop the revolution. Cash and fiat money will still be around for, but may become limited in supply as the need for it decreases.

It is possible to distinguish blockchain technology entirely from bitcoin. In reality, this virtual currency is no more than a blockchain application. It appears in reality that the blockchain makes several other applications possible as well. 'Smart contracts' are, for example, a promising development. Contracts on each form for issuing a bank guarantee. It's an activity that needs time. More productive and sophisticated if we incorporate blockchain technology.Making Crytocurrency the future of money.

 

[KURTAULI]

We do not know what will happen in the future. Cryptocurrency is still under observation it does not have a perfect look. In my opinion Bitcoin is a technological revolution. Bitcoin is a new data storage algorithm. Why can't Bitcoin become money? The answer is simple. Trust. The price of Bitcoin is speculative and could start to collapse at any moment

 

[Noor khan]

Yes we can say that these currencies will be future of money. It's volatility is everything, as it attracts people and investors to invest into crypto currency World. People's engagement to cryptocurrency is overwhelmin

Yes these are money of future
The way things are going I thing crypto currencies will be the future of many and many trading firms but just that it will take longer time because some countries are banning crypto currency
But I think with time many people and county will adopt crypto currency as their form of money.
By the passing of time bitcoin and cryptocurency become the largest money giving sites.

 

[Dowenship]

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.

You might be right and you might be wrong at the same time because anything can happen. But as it is now, it seems altcoin will be the future currency which each and everybody will use as a medium of transaction. But we hope for the best to come

 

[Davis]

There has been evolution of money from the beginning. I believe it's time for another revolution. Bitcoin and other cryptocurrency will take over, which I even prefer to Fiat money.

 

[Nomad]

Bitcoin, and crypto currency in general, is the future of money. We may not see crypto currency just being used as fiat money but it will take a large market share for sure.

 

[jeff87]

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.

I firmly believe that cryptocurrency will be the currency of the earth. What I like about it is because it's digital. You cannot burn it. You cannot easily destroy it like when you are destroying a piece of paper. You can go to malls without Fiat money in your pocket. The thief cannot rob you because your money is digital.

 

[Aaron625]

I don prefer bitcoin or any other crypto except stablecoin over the fiat money. There is chance of losing the value if we get paid in bitcoin in offline jobs , stablecoins are fine though.

 

[eLdavis]

To some extent, i believe its safe to say crypto currency is the future of money and anyways to promote cashless transactions. And quick transfer of money from one country to another. Though currently the state of crypto is still unknown in most countries because of the ban going on.

 

[Justin]

Bitcoin is the future of money. El Salvador is using it as primary currency, other governments are trying to follow the same suit. I believe countries will use bitcoin for international trade and commerce.

 

[Mostee501]

I would say yes,in the aspect of cryptocurrency being another form of money but in digital format and another difference is the unstability.

 

[delnovem]

To me I will agree. Cryptocurrency is seen as the future of payments. But Replacing paper money will not be easy. Cryptocurrencies face a lot of challenges right now, but with time things will change.

 

[Thinker009]

Bitcoin is a decentralized form of payment option and you could make use of it to receive payment for goods and services , this is one of the reason many prefer the adoption of Bitcoin as it uses continues to grow on a larger level

 

[Senator]

From the look of things thus far it is appearing to look so that Bitcoin and cryptocurrency in general is gradually becoming the currency of the future. As we can all see now that governments of countries that even ban cryptocurrency are trying to get their own digital currency