Quote from: qumatru on January 23, 2020, 05:58:23 PM

Quote from: CarnagexD on January 23, 2020, 02:51:22 PM

Quote from: Janation on January 23, 2020, 02:28:32 AM

Quote from: Kubra Dam on January 23, 2020, 01:43:26 AM

Under this thread, I see many people only talking about bitcoin and its future, but the thing is actually more than bitcoin itself. There is a technology backing bitcoin and other components. This is called blockchain and if the big companies can utilize this, bitcoin's future will be even brighter than ever. We need to see this before discussing about bitcoin only. On the other hand, bitcoin is the most important asset ever existed in the market anyways. So whatever happens to it will affect the general crypto market as well clearly.

I agree.

Bitcoin may still be popular in the future but I think the technology behind it will be too. This technology could be developed and be used to a lot of things unlike Bitcoin where it is just for a payment method and usually being held by investors.

Blockchain technology will be widely accepted once bitcoin becomes accredited world-wide. It'll be used for a lot of projects because of how intuitive it is. This future is not far, as more and more countries begin accepting bitcoin. Though still not a bonafide currency and merely an investment method, I believe this is a great start for bitcoin.

It is not a legal currency but still it is used widely in trading by all the countries. Its wide usage and acceptance over fiat currencies in many countries and by many people would make it accredited currency soon. It is not mere an investment method you can make multiple transactions out of it, can use it in daily life for small purposes as a method of payment. This is not the beginning we have covered many steps of development.

I will like to add that Japan which is more famous for its technology have adopted it as their state currency and are allowing their citizens to use it for their state affairs and many other countries are also working to adopt it like Japan. SEC is also trying their best to create legal rules for the usage of bitcoin so these steps show in the future we will see bitcoin legalized globally and it will be used as an international currency in all over the world.