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Re: Future of Bitcoin
by
danherbias07
on 23/07/2016, 01:02:28 UTC
Quote from: olubams on July 22, 2016, 11:54:22 PM
Quote from: keithers on June 24, 2014, 02:38:26 PM
Quote from: upal on June 24, 2014, 02:22:38 PM
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Transactions in legal tender do not necessarily require any internet connection. But unlike legal tender, Bitcoin is necessarily associated with the internet. So, even maximum possible transactions in the digital currency are bound to be less than legal tender, at least in foreseeable future. However, as a medium of exchange and fund transfer, Bitcoin enjoys some distinct advantages over fiat money.

  Here is an article on the future of bitcoin. Would like to have community feedback on it...




Being able to easily transact without an internet connection is one of the advantages of cash over BTC at the moment, IMO.  It is a huge advantage of BTC to be able to make large transaction with BTC without suitcases full of cash though...
The future of anybody or anything even Bitcoin cannot be said to be certain as no now can tell how the future will be as we can only predict based on the factors we have at hand as well as holding some other factors constant as this is also the case of Bitcoin as various predictions and counter predictions have been made some have been corect while others have been refuted and this are factors beyond an individual control. So I would propose that the future will take care of it self... My 2 cents...

I second the motion.  Grin though with just letting it do its future we can also predict. It is not on the rule to not predict it, actually it is also good and somehow different persons usee it for betting to what the price will be.