Cryptocurrency - the evolution and future of currency.

Cryptocurrency - the evolution and future of currency.
As everything in the world, technology goes under constant evolution too, everything is becoming digitized and currency is no different. In the past couple of years cryptocurrency has been developing. Whilst there are a lot of different opinions on the subject, because of the shadiness of cryptocurrency such as Bitcoins, they are continuing to be spread more and more and a lot of new ones are appearing on the market such as: Ethereum, IOTA even Dogecoin and so on. They can be seen as a means of earning income, a lot of people have been doing it for years, especially with Bitcoins and mining, which is a method that has developed and gone through a lot, including special hardware being created for it. On the other hand, they could be looked at as just simple means of exchanging digital assets. A lot of people have a wrong impression about the whole thing, because they've read news about shady deals having been done using Bitcoins, however, thinking about it a lot of shady deals are being made in the offline world too. Banks and people in the business have been researching them for some time right now, because they know the importance of them in the future. It is interesting that the whole concept was not even intended to be used as currency, however things developed this way, due to a lot of failed attempts of the past made to create something like digital cash. The pluses of cryptocurrency is that it is very secure and a lot of transactions can be done fast and globally, there are no permissions that you have to ask for, you can straightforward just send or receive. The only way to get scammed is the fault in the human, which is trusting people that you shouldn't, otherwise it is safe. You are under no one's control, not a banks or the government if you do a transaction, that's it, there is no coming back. We are in the age, where we will see the whole innovation and evolution of this concept, it is interesting to see how it's going to develop.

Agree

Mehano

100% agree!

I definitely believe that the cryptocurrencies are the way of the future. In a few years, nobody will be using the normal, paper money anymore. You can already see constant value increase of the most popular cryptocurrencies the BitCoin - right now, one single BitCoin is worth more than 4.000 USD. It is absolutely insane and the people have become highly interested in it.

Cryptocurrencies are convenient, easy to use and the way we should be evolving. The only problem is that some people find it hard to understand since you can't physically touch the money.

Posted by Mehano on 08-29-2017
Marvadaum

I agree but...

I do think that crypto currencies are the currencies of the future. However, we should always be cautious when investing money into them. The future is always changing and we never know what it might happen.
Posted by Marvadaum on 08-29-2017
wiseagent

Yes!

Considering all this technological world that we currently live, it's impossible to disagree with that... This is really the future of currencies.

Although in some countries the technology is not so developed, the financial market doesn't suffer as many variants in its bases, so... I think it will be a change (in a good way) for all.

Posted by wiseagent on 09-09-2017
zheh

Yes

Yes i think there's a high possibility it can be consider one of the currency in the future. It is spreading widely now so it's not impossible to come to that. I am one of the people who are getting interested in bitcoins these days. I'm starting to study it cause i start investing a few bucks. Though i'm being cautious cause we still don't know what will happen in the future. Specially in my country that it is just starting to be known. Few people are using it here for now. But i know other countries are already used to it and those people who start trading early are really happy of the outcome now.
Posted by zheh on 08-29-2017
yemzy

AGREE

Cryptocurrency has come to stay and it is surely the future,Many bluechip Companies and fortune 500 are angling in on the embrace of Cryptocurrency for usage.Although it is not worldwide accepted yet,But It's fast growing in leaps and bounds.Many are now seeing it as a viable and acceptable means of payment and doing transactions.
Posted by yemzy on 09-04-2017
blank629

Cryptocurrency rules!

I agree that in the near future, cryptocurrency will be the currency of most countries. It is rapidly increasing nowadays so I am not shock if this will be use someday. I use bitcoin especially for paying me in some jobs. And you will see how much is 1 bitcoin now. I encourage you to have one now.
Posted by blank629 on 09-08-2017
leaf

Yes, but something else will emerge.

Cryptocurrency is the new hotness. Bitcoin and other variants will revolutionize the way we do everything financial, and that is a good thing. It is significantly more secure than any other mode of money keeping, and allows for transactions to be much more anonymous than, say, a credit card transaction.

That being said, cryptocurrency will likely not be the ONLY way. I don't think we can even imagine a future possibility right now. Do you think those in the 1700s could imagine Bitcoin? It is exciting the way we are evolving what we think of as money, and I can't wait to see what more comes of it.

Posted by leaf on 08-30-2017
AlexJPro

Definitely

I agree that cryptocurrencies are going big in the future but not all of them. Bitcoin is the main one and mostly all companies now accept bitcoin. It's easy to buy and sell so people love it.
Posted by AlexJPro on 08-29-2017
jeiyyy

future

As our world evolve in many different ways and there's a continuous change in our society.I believe that at some point,Cryptocurrency will be the evolution of the future of currency and it will be a not so shocking fact if in few years later we will not use any paper money anymore.
Posted by jeiyyy on 09-04-2017
geloi

Great Investment

I think that people should start investing in Cryptocurrency. This will be an unstoppable market for our digital world. I personally started investing last year and I take most of my time researching about mining bitcoins.
Posted by geloi on 09-11-2017
Heatman

100 percent

I think I heard about Cryptocurrency and bitcoin for like 7 years ago now but then I was just not really convinced that it's legit and as a result of that I never gave any thoughts towards investing in Cryptocurrency, and that has been the worst business decisions that I have ever made in my entire life.

If I had taken the opportunity that presented itself to me back then, I definitely think that I would be counting millions today. Although it's still not late, I can still invest in it but it would have been a lot easier for me back then to make tons millions without stressing a hair on my head.

Today, Cryptocurrency is taking over the currency market and with the rate that it's going, I wouldn't be surprised if it eventually knock off most currency from exchange market in the future.

Posted by Heatman on 09-19-2017

Disagree

No one has disagreed yet, be the first!

Comments

babyright
The future of cryptocurrency is going to be very great for thousands and millons of years to come. The digital currency is growing very faster and faster everyday. Lets take the example of bitcoin and ethereum, these two digital currency are growing faster and at a jet speed daily. I will advise everyone that has the means to invest in cryptocurrency because these digital currency has all the potential to make anyone to become very rich in a short period of time.
Posted by babyright on 08-29-2017
vinaya
Cryptocurrency is the future of money, however, I don't think most of the cryptocurrencies we have today will not survive. The most popular and most used crypro currency will grow stonger, however, I doubt that other crypto currencies will take a strong hold in the maket. Apart from Bitcoin, there will be few more, may me Litecoin, Etherum etc, but other cryptocurrnecies will be lost.
Posted by vinaya on 08-29-2017
Corzhens
You are optimistic that crypto currency is the currency of the future. I agree to that but I have lots of questions regarding the details of crypto currency. First question is who produces the crypto currency. Second question is who dictates the value of the crypto currency? And if I may continue, will crypto currency be a reliable currency that will have the stable value like real currency?
Posted by Corzhens on 09-23-2018
joey98
I'm following up closely this new revolution, some of those currencies will fall inevitably, some will hold, one thing is for sure is there is a need for an alternative for the traditional archaic currency which has become so complex, the average joe is losing every time.
Posted by joey98 on 08-30-2017
tophew
i think for me cryptocurrency is the future money in the world it offers great peer to peer transaction no bank no government all money is within your control and also this kind of payment is much more less hassle free than the physical money. it will make more transaction a lot faster if this cryptocurrency in the future fulfilled.
Posted by tophew on 09-02-2017
kgord
I think that cryptocurrency will continue to grow in popularity. I think we have been moving toward a cashless society for years, and it may come to a point that money in paper form is not used anymore. The kind of money we grew up with like checks and cash are not popular any more and not used often. Cryptocurrency will be around, but may not be the only form of money in the future.
Posted by kgord on 09-05-2017
geloi
There are websites they call Faucet websites that gives free small amounts of satoshi (bitcoins) when you sign up for them. I signed up for freebitcoin.in because you can triple your bitcoins by playing their Provably Fair game. It is a betting game where you bet between Hi or Low numbers and you win if you had the right bet of course. I suggest everyone should start investing in bitcoins because who knows how much will it cost in the next years.
Posted by geloi on 09-11-2017
geloi
Oh my god! I have been so addicted to cryptocurrency that I look for videos how to hack them. This currency is going crazy in the market because of its very high value and take note that these coins are legal. I believe in the future of Crytocurrency and I think that everyone should start investing into it if you want to get rich in the future. I am still in the stage of gathering good sources of data for this investment because there are so many scam sites out there trying to take advantage of the popularity of these coins. They will sell you fake scripts in exchange of coins claiming that it will double your coins in a given time frame. So beware and watch for your investments.
Posted by geloi on 09-14-2017
lovely
The cryptocurrency world is evolving into something big and I don't see it going down in a very long while, more of these currencies are emerging almost on a daily basis and I think is quite bright for it.It good for me because you don't need to handle it like the paper money, it convenient to transact business with and quite easy to operate with it.
Posted by lovely on 09-16-2017
sspi
I still need to learn more on this subject. I feel that there has been a considerable advancement in this field as well as in the popularity behind this new form of currency. And from the looks of it cryptocurrency is going to keep growing in popularity over the next years.
Posted by sspi on 09-21-2017
Wubwub
I agree although I have to say that seeing how many variations there are these days of these crypto currencies makes me a little bit hesitant to do so because I think it might dilute the market. However, it is the first time in human history that we are seeing something like this so while that may be the case for most markets, it doesn't mean it is the case with this one. I think only time will tell but I do think that this current version of the coins might not be the exact standard of the future and perhaps the second or third will be the one to make it work finally to make it a complete substitute.
Posted by Wubwub on 09-29-2017
jyy
I'm unsure on this subject. I mean, I'm quite convinced the economy is going to crash and that would put people with gold or silver in a good position, but I'm not sure about Bitcoin, etc.. However, though, if these currencies are totally backed by real gold and silver, then I suppose having them would be no different than having those metals. Am I right?
Posted by jyy on 10-12-2017
potentialwriter
Due to the fact that the paper currency has seriously lost its value, it becomes evident that cryptocurrency will take its place in the nearest future. The most popular ones which are already taking their places everywhere are Bitcoin, Litecoin, Dogecoin, TBC (The Billion Coin), Primecoin, and many others. Presently now, 1 Bitcoin is worth over 5000 US dollars and will probably have increased to 10000 US dollars by June, next year.
Posted by potentialwriter on 11-02-2017
Pixie
Paper currency took over the barter system some years back. Nowadays, more and more people are using credit/debit cards to carry out their transactions. So, it is possible that cryptocurrencies will soon replace paper and plastic money. Cryptocurrencies are now becoming more and more popular. However, many countries are still hesitant to introduce cryptocurrencies in their economy.
Posted by Pixie on 12-28-2017
Corzhens
Although I am not comfortable with the Bitcoin, I have to admit that it is getting popular every day and that it has a big chance to become the currency of the future. What makes me uncomfortable with the cryptocurrency is the management and authority. Just like the US dollar which is the currency in America, it is not only governed by the US Central bank but also backed up the Federal reserves which means the US dollar is not just a printed money but with a value equivalent to the deposited gold in the vaults of the Federal Reserves. How does the cryptocurrency work and does it have a reserve in gold or in other valuable assets?
Posted by Corzhens on 02-01-2018
jaymish
Thinking and talking about cryptocurrencies really excites me .I think this is the way of the future. I have a friend who bought Bitcoin when it was still at $10 and he bought 100 bitcoins. Imagine how much he is worth now?And how much he will be worth in the future?As we can see everyday bitcoin continues to rise. As time goes by the amount of bitcoins released into the market continue to decrease. I believe the price will continue to shoot up. Anyone who is not invested will surely regret it. This is the easiest money making strategy of the decade. This is where the next crop of millionaires and billionaires.
Posted by jaymish on 03-20-2018
EfficientNinja
I agree that cryptocurrency could be a great digital advancement for the future. It makes every transaction you do online to be much easier, faster, and safer. It can also be used as an investment asset if you plan to do some short-term trading. If you are familiar with trading the forex and stock market, you can also do well in trading cryptocurrency.
Posted by EfficientNinja on 04-10-2018