Quote from: TheGodFather on November 02, 2018, 12:07:56 AM

Quote from: bellamente on September 26, 2018, 08:46:27 PM

Quote from: 1NV3ST0NM3 on September 26, 2018, 05:18:16 PM

Yep very true. Bitcoin adoption will lead to a better life in future. But the hurdles underlying for this reality to become true are many and the virtual currency becoming the future seems to be quite far!! If bitcoin becomes the global currency it will bring on some revolutions and lead to development of a better global economy.

Anyhow we can just hope for better times in future and looking at the forthcoming efforts by various countries and giant multinationals like google, my hope remains intact!!

The main problem for bitcoin is

Bureaucracy
Fraud
Governments
Monopoly

If the community can solve these problems, bitcoin will become the main means of payment in the world

The worst is Fraud or Scam. The reason why they will unable to fix that is bitcoin is unknown. You can register your own wallet and they will not know where or whom is this coming from. Like for example, if someone scammed you online, you will never know the name of the scammer. Thats why they are using Bitcoin to scam people.

Bitcoin adoption can lead to bigger opportunitues that can also bring a better and convenient life. It has transparency that can fight against money laundering. It allows users to make secure payments, without having to go through banks. Bitcoin is the most popular form of cryptocurrency that enables digital transactions between two parties without the need of central command. It may have its ups and downs but I'm still hopeful that it can potentially grow and it's demand will continue to increase.