Will bitcoin be the ideal currency of the future? - Page 2 ...

Bitcoin PoS - The Currency of the Future

A community dedicated to Bitcoin PoS, the currency of the future. https://www.bitcoinpos.net
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Cryptocurrency enthusiasts of Burlington, VT

Bitcoin (unofficial currency code "BTC") in Burlington, VT (airport code and twitter hashtag "BTV"). This is a place for Burlingtonians interested in Bitcoin, other cryptocurrencies, or the future of cryptographic smart property generally to exchange tips and bits.
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Unlock the power of blockchain!

/BlockChain is has gone private due to an extreme influx of ICO scams, snake-oil shills and plagiarized crypto-news blog spam. There is no application process and new members are not being added. Contacting the mod team will not result in an invitation.
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Bitcoin: Currency of the Future or Investment Mania? Bill Miller’s Transformative Innovation Case

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Bitcoin: Currency of the Future? - Newcastle Skeptics in the Pub, October Talk

I help organise the Newcastle chapter of Skeptics in the Pub, and in October Gary Broadfield (@GaslanB) and David Cook (@CyberSolicitor) are doing a repeat of their talk from the Bitcoin Manchester Meetup earlier in the year, and I'm hope that there may be a few people in/around Newcastle reading this sub that couldn't make it to Manchester, but can this time!
Full details on the event below, and - assuming this sort of post is appropriate - I'll post again closer to the time.
http://newcastle.skepticsinthepub.org/Event.aspx/2152/Bitcoin-Currency-of-the-Future
Also, we've sadly had to ticket this talk because of the higher-than-usual cost involved, but the upshot is that you can purchase "tickets" (your name in a spreadsheet) via Bitpay!
submitted by scuzzmonkey69 to BitcoinUK [link] [comments]

Bitcoin: Currency of the Future? - Flagstaff Business & Online News | Northern Arizona Local Newspaper

Bitcoin: Currency of the Future? - Flagstaff Business & Online News | Northern Arizona Local Newspaper submitted by BobsBurgers3Bitcoin to btc [link] [comments]

Bitcoin: Currency of the Future? - Flagstaff Business & Online News | Northern Arizona Local Newspaper

Bitcoin: Currency of the Future? - Flagstaff Business & Online News | Northern Arizona Local Newspaper submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Gold and Bitcoin: Currencies of the Future

Gold and Bitcoin: Currencies of the Future submitted by IWillNotBiteYourDog to Bitcoin [link] [comments]

Bitcoin: Currency of the Future

Bitcoin: Currency of the Future submitted by NerdfighterSean to nerdfighters [link] [comments]

Bitcoin: Currency of the Future? - Newcastle Skeptics in the Pub, 8th October

I posted this originally last month - so apologies if this constitutes as spam - but I help organise the Newcastle chapter of Skeptics in the Pub, and on October 8th Gary Broadfield (@GaslanB) and David Cook (@CyberSolicitor) are doing a repeat of their talk from the Bitcoin Manchester Meetup earlier in the year, and I'm hope that there may be a few people in/around Newcastle reading this sub that couldn't make it to Manchester, but can this time!
Full details on the event below, and - assuming this sort of post is appropriate - I'll post again closer to the time.
http://newcastle.skepticsinthepub.org/Event.aspx/2152/Bitcoin-Currency-of-the-Future
Also, we've sadly had to ticket this talk - at £3 - because of the higher-than-usual cost involved with transport and hotels for 2 speakers (we run on a shoe string budget, with typically only local speakers doing talks), but the upshot is that you can purchase "tickets" (your name in a spreadsheet) via Bitpay!
Any help in promoting this talk would be massively appreciated - the venue has a maximum capacity of 200 and we usually pull a crowd of around 45, so there is a lot of room to expand.
Thanks for reading again!
submitted by scuzzmonkey69 to BitcoinUK [link] [comments]

March 19th, 2013 - /r/Bitcoin. Currency of the future, today!

Submitted by None

/Bitcoin

19,294 readers for 2 years!
We were all promised things in the 80s and early 90s, both by Hollywood and our government (United States). One of those things was a digital currency. We got credit. Fuck that, I want a digital currency, and I want it now!
"But Xavier, we do have a digital currency!"
Wait, what?
"Yeah, it's called bitcoin!"
Hell yeah.
Bitcoin is all I wanted and more from a digital currency. It's simple, and the learning curve is relatively nice. It's growing on retailers, and can already be used to order many physical goods. The bitcoin community is nice and helpful, willing to answer even my stupidest of questions. /Bitcoin specifically has given me quite a lot to think about these past couple months, and a lot of good reading material. Love's such an old fashioned word, but I'm willing to care for this economy at the edge of the night. I firmly believe that bitcoin is the future, and the people at /bitcoin are pulling it ever closer. From all the fantastic guides on mining to the incredible charity, its users have had an awesome effect on the world.
Before we get to the wonderful interview portion, I thought I would do something new here at Subreddit of the Day. In full embrace of both the bitcoin spirit and to see what effects it may have on the comments section, I have enabled the /BitcoinTip bot on /SubredditOfTheDay. We have some good comments here, and it'd be cool to reward people with something a little more useful than reddit gold. I suggest you check out that subreddit for the relevant info.
Today we have some special guests from the bitcoin community, but I'll let them speak for themselves. Without further ado, the interview.

1. First off, tell me a bit about yourselves, everybody.

Theymos I am a 21-year-old computer science student from Wisconsin. I am the most senior moderator of /Bitcoin and the head administrator of bitcointalk.org. I created the first Bitcoin Block Explorer, blockexplorer.com, though I don't run it anymore.
Jon Matonis I am an e-Money researcher and crypto economist covering the Bitcoin economy for Forbes Magazine and American Banker.
Evoorhees My name is Erik, but I'm known as evoorhees in the Bitcoin world. I work for several Bitcoin projects - namely BitInstant and Coinapult are my "day jobs" and I'm also involved with the notorious SatoshiDice.com, which is the most popular Bitcoin game in the world. My academic background is in monetary economics (which I learned entirely after my "formal" college education) and by trade I'm a writing, marketing, and brand development guy. Most people in the Bitcoin community probably first hear about me from the paper I wrote last year: Bitcoin - The Libertarian Introduction. I'm an American but have recently left the country because it is far too socialist for my liking.

2. How did you first discover bitcoin?

Theymos I first heard about Bitcoin in February of 2010 via a post on 4chan. I've always had a great interest in distributed systems, so reading bitcoin.org and Satoshi's paper really got me interested, and I started following Bitcoin very closely.
Jon Matonis I first discovered Bitcoin through my research into digital cash and virtual currencies. Satoshi had contacted me directly because of my economics blog and asked me to take a studied look at the cryptocurrency.
Evoorhees In May 2011 I saw a Facebook post from a friend, which said something like, "This digital currency gained 20,000% in the last six months". I clicked the link and upon reading about it, immediately though, "wow this is the stupidest thing ever... made up internet money... obviously a scam or bubble or some other nonsense." However, my curiosity pulled me further, and after about an hour of reading various articles about Bitcoin, I had a very clear epiphany that this was the most important thing I had ever come across, that it would change the world and that I needed to help it do so. I spent the next few days with little sleep, eating Cheerios, ignoring my girlfriend, and basically absorbing every word that had been written about Bitcoin. I was hooked. I had fallen down the rabbit hole, and am still way down here.

3. In your own words, how would you describe bitcoin to someone who has never heard of it before?

Theymos Bitcoin is a currency like dollars, but instead of relying on the US government to print dollars appropriately and protect against counterfeiting, it uses strong cryptography and a peer-to-peer network to accomplish these same tasks. There is no organization or government with control over Bitcoin. Bitcoin is designed so that you have exclusive control over your money, not politicians, developers, or even the majority of users. Bitcoin is also a payment processing system which allows you to cheaply and quickly send bitcoins to other people. Using Bitcoin, I could securely send $100,000 in bitcoins from the US to China in ~10 minutes while paying less than $0.10 in transaction fees, and this transaction would be more non-reversible than even a wire transfer.
Jon Matonis To the uninitiated, I would describe bitcoin as digital gold except that it depends on mathematical properties rather than chemical properties.
Evoorhees Bitcoin is one of mankind's greatest inventions. It is a form of money superior to all others. It is a grand experiment, and if it succeeds will remove the monopoly power of money away from governments and put it in the hands of individuals. Bitcoin is the privatization of money, not through "popular vote" or political courtesy, but wrested from the State through the beneficence of technology. If Bitcoin is successful, it will change not only how money works, but society itself - freeing people, empowering them, and providing a means of individual protection. Bitcoin is the antidote to a century of misguided central planning in the realm of money.

4. Where do you see the future of bitcoin in 5 years? 10? 20?

Theymos Satoshi Nakamoto, the founder of Bitcoin, said, "I'm sure that in 20 years there will either be very large transaction volume or no volume." Bitcoin is an extremely powerful technology with the potential to change the world. I think that Bitcoin is likely to grow substantially in 5-10 years, though there are a number of potential challenges that could slow Bitcoin's growth. For example, governments could severely regulate companies that let you buy bitcoins. In 20 years, Bitcoin could be bigger than many government-issued currencies, but I also wouldn't be all that surprised if Bitcoin is replaced by something that is better than Bitcoin in all ways (maybe using quantum cryptography). Bitcoin is the first system of its kind, so anything could happen.
Jon Matonis In 5 years, I see bitcoin as pervasive as Skype but still only prevalent in certain pockets of society as Skype is today. I don't predict bitcoin exchange rates.
In 10 years, bitcoin will begin to have so many apps and services built around it that a few killer apps will make it a necessity for many people and it will become an acceptable asset class for investors.
In 20 years, small to medium size countries will be incorporating bitcoin reserves into their reserve portfolios and countries will be experimenting with currency issuance that depends on full and/or partial bitcoin backing. Countries will also be competing as to which one provides the best competitive jurisdictional environment for cryptocurrencies.
Evoorhees Well in 20 years, Bitcoin (or something very similar to it) will either have become the dominant formear of money and payment or it will have failed and gone away. The latter is highly unlikely though, because the only thing which will cause Bitcoin to really fail at this stage is if something superior comes along, in which case all the benefits of Bitcoin are still realized.
In five years, I expect the market cap of Bitcoin will have grown from its current $500m USD to the realm of $20-100b USD. At this stage, use will be widespread but not yet ubiquitous. Governments will be struggling to "manage" the growth of the technology and its vast implications. In five years, Bitcoin will be almost as old as the euro is today, and I'd bet considerable money that its record of performance will be superior.

5. Thanks everybody. Anything else you'd like to say to the world?

Theymos Read the sidebar of /Bitcoin for instructions on how to get started and more info about Bitcoin. I will answer questions about Bitcoin in this comment section.
Jon Matonis I would like to add that many people are familiar with BitTorrents and how they have caused disruptive problems in the copyright world today with very little method of recourse from the authorities. Well, those same types of disruptive problems will be seen in the world of legal tender due to bearer digital cash such as bitcoin. This has profound implications for the advancement of liberty.
Evoorhees If you care about the future of humanity, Bitcoin is the most important social project currently in existence. Where governments and organizations around the world are busy naively fighting the symptoms of a rotten and decrepit financial system, Bitcoin makes such efforts redundant and futile - for it solves the core problems itself. It will disrupt everything, and even if you don't care to get involved in using or developing it further, you owe it to yourself to learn about it.
Bitcoin is absolutely fascinating and the most exciting thing I've ever come across, and thus I've dedicated my life to advancing it.
Bitcoin is one of those things that don't come along every lifetime. I hope it outlives me. While that wouldn't be an accomplishment of any sort, it'd make me feel better.
This has been your ageless father, Xavier Mendel, signing off.
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cntv.cn: Bitcoin, currency of the future? - Bitcoin Forum

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ZDNET on Bitcoins: Currency of the Future

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Bitcoin, Central Bank Digital Currencies, and the Future of Money

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In today's episode of "Where did my Pedo Pesos Go ?", a Butter discovers "Bitcoin and transaction just disappeared from blockchain.com walllet" and "... it's like nothing ever happened" ... This new Currency of the Future sure is spooky ! 💪💪💪

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Bitcoin, Central Bank Digital Currencies, and the Future of Money (x-post from /r/Bitcoin)

submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

Bitcoin is the future of currency, send me a message if you want to know how to earn through bitcoin trading.

Bitcoin is the future of currency, send me a message if you want to know how to earn through bitcoin trading. submitted by bit-forex to u/bit-forex [link] [comments]

https://www.genesis-mining.com/a/2635282. Bitcoin is the currency of the future & Genesis Mining is the largest cloud mining company on the market. Mine bitcoin through the cloud, get started today, make a free account, and get 3% discount on any purchases with the promo code kLKOW0

https://www.genesis-mining.com/a/2635282. Bitcoin is the currency of the future & Genesis Mining is the largest cloud mining company on the market. Mine bitcoin through the cloud, get started today, make a free account, and get 3% discount on any purchases with the promo code kLKOW0
submitted by johnknight3434 to u/johnknight3434 [link] [comments]

Bitcoin Cash Grow & Learn Venezuela: Bitcoin Cash is not only a digital currency for exchange, this can be demonstrated with this activity also impacting on the basic needs of society, which will allow a link between the community and the cryptocurrency in the future for its organic adoption.

Bitcoin Cash Grow & Learn Venezuela: Bitcoin Cash is not only a digital currency for exchange, this can be demonstrated with this activity also impacting on the basic needs of society, which will allow a link between the community and the cryptocurrency in the future for its organic adoption. submitted by SofiaCBCH to btc [link] [comments]

In today's episode of SFYL: Butters "Bought bitcoin of bitcoin.com nearly 4 hours ago", but there's still no sign of it in his wallet ... Yep, it's the "Currency of the Future" folks because you sure cannot get it today !

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Bitcoin - The Currency of the Internet --> Bitcoin - The World's Financial Future

Who agrees that Bitcoin is (supposed to be) much more than just "The currency of the Internet"?
The FIAT currencies are getting more and more unstable, more and more people are starting to doubt the biggest most widely accepted ponzi schema scam ever created. Most investors that stuck to traditional assets are already claiming that governments will need to switch back to Gold or accept Bitcoin very soon before we get into catastrophic territory (meaning people setting themselves on fire like they did during the The Great Recession but this time without any possible recovery)...
Yet, Reddit which is "The front page of the Internet", its official page for Bitcoin has the slogan "Bitcoin - The Currency of the Internet", instead of "Bitcoin - The World's Financial Future"...
This needs to be changed! Who's with me?
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Council on Foreign Relations Corporate Virtual Roundtable: Central Bank Digital Currencies and the Future of Finance (x-post from /r/Bitcoin)

Council on Foreign Relations Corporate Virtual Roundtable: Central Bank Digital Currencies and the Future of Finance (x-post from /Bitcoin) submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

Bitcoin: The Future Of Currency Or Just Another Crypto Currency?

submitted by cryptocurrencyGPT2 to SubSimulatorGPT2 [link] [comments]

Bitcoiner checks his borderless currency of the future account within the borders of Iran, suddenly finds himself crushed under the iron boot of statism

https://old.reddit.com/Bitcoin/comments/fdtckq/please_dont_ever_deal_with_paxful_bunch_of_people/
submitted by Dependent-Cantaloupe to Buttcoin [link] [comments]

BITCOINS are the future of prostitution, paying your prostitute with bitcoin means safety for all! bitcoin is not recognized as a nationally-accepted currency, so you can NOT get in trouble! i have also contracted herpes, syphilis, and chlamidya in the past 24 hours, ama!

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Cryptocurrency: The Future of Money? Paul Kemp-Robertson: Bitcoin. Sweat. Tide. Meet the future ... Is Bitcoin the Future of Money? Peter Schiff vs. Erik ... Stefan Molyneux in 2011: Bitcoins: Digital Currency of the Future? Bitcoin: The Future of Currency?

Will bitcoin be the ideal currency of the future? Сontest for 10 BTC! Yobit Virtual Mining! Attention dear beginners! Внимание уважаемые новички! Sign in to follow this . Followers 25. Forget Bitcoin—Skills Are The Currency Of The Future. ... It’s Time to Start Living in the Skills-Based Future. Unlocking a skills-based labor market has tremendous benefit: it gives power to ... The real story behind Bitcoin is the Blockchain, the registry system and technology that Bitcoin was built on. And Bitcoin along with a multitude of crypto currency peers such Ethereum received much attention as its unit price took us on wild ride in 2017. Bitcoin, for example, was worth a mere $800 in January 2017; growing rapidly by mid-year with a value of $2,000; and then sky-rocketing by December, reaching an all-time high of $17,900. Never before has the world seen such an exponential growth of a commodity in such a short space of time.This got people talking, asking questions and wondering ... The Key to Bitcoin’s Future: Inflation. If the cryptocurrency is going to be used as widely as dollars, its fans must abandon the dream of deflationary digital gold. ... The currency’s value ...

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Cryptocurrency: The Future of Money?

Bitcoin: The Future of Digital Currency Financial Systems (2014) - Duration: 1:27:29. Remember This 26,655 views. 1:27:29. Andreas Antonopoulos: Bitcoin is not currency; it’s the internet of ... On July 2, 2018, Reason and The Soho Forum hosted a debate between Erik Voorhees, the CEO of ShapeShift, and Peter Schiff, CEO and chief global strategist of... Bitcoin: Currency Of The Future, Ripple In China, Year Of Stablecoins & Coinbase Whale Transfers ... Buy Bitcoin And Ethereum With Fiat On Binance! ... Bearish BItcoin, Liquidation, future Tesla ... Bitcoin Currency of the Future subscribed to a channel 11 months ago Anime - Topic - Channel Anime is hand-drawn and computer animation originating from or associated with Japan. Are Bitcoin and other types of cryptocurrency really the future of money, or just hype? TEACHERS: Get your students in the discussion on KQED Learn, a safe place for middle and high school ...

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