Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin Really The Future Of Money?
by
carlisle1
on 20/12/2016, 05:44:23 UTC
Cryptocurrency  is future. Not only BTC. In future we will see more new cryptocurrency. 
Yeah i think that we will be see different new currency in the future and they will be rise and shine as bitcoin but i am sure bitcoin will be on top of all crypto currency because people trust in bitcoin and adopting bitcoin in huge amount.

And because of that we will also see a lot of nonsense coins that are going to pop out and will make millions of money for their ICO's. Even though there are trusted crypto's especially bitcoin, for sure many are going to keep on using it as an alternative way of purchasing stuffs and as an investment, better to say that digital money is the future money.
Bitcoin is different from other digital money, it's digital but decentralized so people love it than others. I like Bitcoin actually because it gives me privacy so I believe it will going to be the most dominant digital currency in the future.
But if a government will not allow bitcoin to penetrate their financial system but does they sees that bitcoin has a good potential. They will just probably create their very own digital money and I just don't know if they will still do the same with bitcoins anonymity for it is going to be controlled by them and it is centralized.
Probably, government will have their own digital currency, something that they can control and regulate. Bitcoin is never their interest because it's anonymous and it's against the law of transparency as per government definition. Transparency for them, is something that they are fully aware of the necessary information of an individual who will transact online and bitcoin does not provide that.

yes they will probably make their own digital currency but as if that it will be more efficient and has more great feature than bitcoin if ever that happen I don't see any competition between the two, I don't know if there's so many people who will migrate to other digital currency which is made and controlled by the government as far as i know most people loved to be anonymous with bitcoin .