Re: Future of Bitcoin

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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 bitcoin will be able to use in any kind of transaction like in paying bills. Also in the future the price of bitcoin will rapidly increase and will help all investors and bitcoin users. Bitcoin will accept as payment in any kind of store in the world.

Yes it will surely be, in some other countries they are already accepting btc as method of payment for their bills and some other payments, some merchants also already are adapting to the advance system and starting to grow the uses of BTC, in my mind if somebody would ask what will be the future of BTC, i would directly answer its the future.

Bitcoin is not legalized in my country. And I can not pay for goods by crypto currency. But I do not live in the poorest country. This all suggests that bitcoin is still not very popular. And therefore it's too early to say that he will replace Fiat. For several decades he will remain in the shadow