Forex Bitcoin Forum

Bitcoin Forex Forum

  • Forex Games
  • Forum
  • Dear friends! All bonus programs on the forum are temporarily suspended.       If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below.      
      Dear friends! All bonus programs on the forum are temporarily suspended.       If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below.      
    Results 1 to 6 of 6

    Thread: Do you think Bitcoin is created to end the government bank notes?

    1. #6 Collapse post
      Sendo12 is offline
      Senior Member Sendo12's Avatar
      Join Date
      Sep 2018
      Posts
      906
      Thanks
      43
      Thanked 95 Times in 82 Posts
      SubscribeSubscribe
      0
      Quote Originally Posted by Trader_Rob View Post
      Definitely not. I still find it hard to imagine that it would rule over the fiat system. I believe the cryptocurrency will go a long way but I don't think it could replace the fiat currency.
      I agree with you. Bitcoin is a digital currency and it can be used in online transactions. But it will be difficult to use it on tradition transactions especially since its value is too high.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    2. #5 Collapse post
      Trader_Rob is offline
      Senior Member Trader_Rob's Avatar
      Join Date
      Oct 2018
      Posts
      703
      Thanks
      60
      Thanked 84 Times in 58 Posts
      SubscribeSubscribe
      1
      Definitely not. I still find it hard to imagine that it would rule over the fiat system. I believe the cryptocurrency will go a long way but I don't think it could replace the fiat currency.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    3. #4 Collapse post
      Mr. Cid is offline
      Senior Member Mr. Cid's Avatar
      Join Date
      Dec 2017
      Posts
      2,032
      Thanks
      7
      Thanked 258 Times in 166 Posts
      SubscribeSubscribe
      2
      No, that wasn't the purpose of the existence of Bitcoin. Bitcoin is born as digital money for technology inclined individuals.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    4. #3 Collapse post
      Njoki is offline
      Senior Member Njoki's Avatar
      Join Date
      Aug 2020
      Posts
      102
      Thanks
      112
      Thanked 31 Times in 25 Posts
      SubscribeSubscribe
      0
      No but I believe in the end it will phase it off if we are truly keen in understanding how it works, and if we actually use it, bitcoin has been faught or the whole crypto workd has been marked by the traditional banks ,so much so that they want everything to be as clear , they will form regulations to stop it before it even sails

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    5. The Following 2 Users Say Thank You to Njoki For This Useful Post:

      Unregistered (2 )

    6. #2 Collapse post
      Wekesa is offline
      Banned Wekesa's Avatar
      Join Date
      Aug 2020
      Posts
      180
      Thanks
      120
      Thanked 122 Times in 91 Posts
      No this was created on the back of trying to eliminate the control that comes with the central government, just giving people their power back from the banks but the banks are never to be left , they tried to really understand what happened and what are the real issues that can help you gain on anything so its important to allow so many other things that works well for you the backs just want control

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    7. The Following 1 Users Say Thank You to Wekesa For This Useful Post:

      Njoki (08-15-2020)

    8. #1 Collapse post
      Newbie_trader is offline
      Senior Member Newbie_trader's Avatar
      Join Date
      Nov 2017
      Posts
      1,496
      Thanks
      4
      Thanked 217 Times in 133 Posts
      SubscribeSubscribe
      2

      Do you think Bitcoin is created to end the government bank notes?

      Well, it's not that easy to paralyze the government by just a simple currency, but many of the countries treat Bitcoin as a threat as it really affects the economy of a certain government. It's the reason some countries do not accept Bitcoin nor legalize it.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    9. The Following 2 Users Say Thank You to Newbie_trader For This Useful Post:

      Unregistered (2 )

    Posting Permissions

    • You may not post new threads
    • You may not post replies
    • You may not post attachments
    • You may not edit your posts
    •