Quote from: azguard on May 12, 2017, 09:33:56 AM

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Quote from: SamMurphy on May 04, 2017, 05:25:56 PM

First of all bitcoin is anonymous and cash not, when you want to cash out your bitcoin you have to pay some fee to do that, that's not happening with real money, and also you can use your bitcoin where you are but you'll have exchange your money with the currency there is where you are.

The difference between bitcoin and real money is simply, bitcoin was created to take the place of fiat and to adopt to the current way of life and the different needs of people who by the time changed their thoughts and their habits, having internet or online shopping was something that we didnt know existed before and now it is a part of our daily lives, and the digital world that we are going toward needs to have a different way for us to pay for things and from that idea came the bitcoin.

But I believe that one day we will be having bitcoins with no differences from fiats. Yes, bitcoin will do all the actions our local fiat will be doing.

Maybe our got the thing right that it was created to replace fiat but it won't happen so soon it will take lot f time.

If bitcoin is to replace fiat, a lot of its qualities would have to be dropped, like decentralization and pseudonymity. You can't expect it to really replace fiat without being subjected to government policies. And once government controls a certain currency, it will not lose some unique qualities that made it bitcoin in the first place. So I don't think bitcoin is really going to replace fiat, but maybe something else that could be a hybrid fiat and cryptocurrency.

This is false, you are just seeing the way things works now and then trying to apply that to bitcoin, currencies have not always work the way they do now, bitcoin is a new concept and whether is going to replace fiat or not, bitcoin is not going to lose its characteristics.

Maybe it was created to insure stability or to create stability in currencies around the world. Have anyone think about that maybe.
Crypto is something that is predicted back in early 90s of last century, and we all saw what crypto can do and for what it is capable.

So expect bitcoin to be even huge then it is now.

As fas as I can remember, and maybe Im wrong on this, people have imagined something like bitcoin as far as the eighties, by some people identifying themselves as cypherpunks, so I will have my doubts governments of the world developed something like bitcoin.