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Is Bitcoin going to become more like cash?

  • Thread starter Thread starter Grant
  • Start date Start date
Bitcoin Will One Day become a means of payment but I do not think it will be anything like a traditional methods of payments that we are seeing because it will be completely digital.
 
Obviously it is. With the way the world is evolving,I believe Bitcoin and crypto in general would replace the physical currency
 
One undisputable fact is that Bitcoin will continue to soar up in the sky and all notes will have to live in the shadow of Bitcoin. Presently the existence of Bitcoin as become a threat to all notes in circulation.
 
It is possible for cryptocurrency like bitcoin to become a mode of transaction in some part of the world as some countries are already accepting it as legal tender.
 
Bitcoin has its own dimension that promises to be different from the way cash policy so pretty so I think that they are two entirely different things.
 
I don't think cryptocurrency can become more like cash period the reason is that inflation is eating up with the with the cash why bitcoin has edge over inflation.
 
Just as the name implies, it will continue being known as Cryptocurrency. It can't be minted physically but it is minted digitally for online transactions.
 
Cash is fiat and fiat but Bitcoin is digital, so Bitcoin can certainly not be like cash because it is not a physical money.
You can only exchange Bitcoin to cash
 
Bitcoin and crypto currency in general is the future of the world financial system. Bitcoin is going to be the generally accepted crypto currency
 
Tell me I believe bitcoins will continue to be a digital currency and that is what will only happen to bitcoins. I don't even see the possibility of bitcoins becoming a physical cash like a fiat currency in the future because of its higher volatility.
 
It seems bitcoin is becoming more like cash these days as some countries are adopting it as their legal tender. This makes the demand for bitcoin to rise and this drives the price to go higher.
 
When you say cash it simply means what you can have a physical access to but bitcoin and cryptocurrency and digital so they cannot become like cash in my opinion.
 
Bitcoin is just a fantasy coin, it has value because you can convert it to a real local currency and make use of the money. So it can actually replace or serve the purpose of a physical currency
 
I agree with you, Bitcoin is like cash, especially in liquidity because Bitcoin is easy to liquidate or cash, and in some countries it has been used as a medium of exchange. This is one of the plans why Satoshi created Bitcoin is to replace fiat money.
 
That should not be a question at all. Bitcoin can never be cash owing to its digital nature. We can only convert it to our fiat currencies but not used as cash. It is not mobile.
 
I doubt if bitcoin will change to cash. If it really wanted to be inform of cash then it wouldn't have started as a crypto currency or let's call it digital money. No, remains the answer.
 
I don't think it will be inform of cash at any time soon and even if it turns and be in form of cash ,there would be less interest in it ,the digital version of it is more better as people don't need to carry its physical value all about
 
I've seen many people making payments with bitcoins, I think Bitcoin is already becoming more like cash. Is no longer a news people are buying and selling with bitcoin.
 
Considering the fact that everything is becoming digitalize,I don't think bitcoin can be inform of cash,it will continue as cryptocurrency.
 
Yes, I believe in that your last statement, that you say in the nearest future Bitcoin will over come other crypto currencies.
 
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