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From barter trade to crypto currency


koko

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At first they used to change goods with goods, then Gold came along, this led to money and now we are here doing Bitcoin. Crypto-currency will take over everything. What do you guys think?

Posted
16 minutes ago, koko said:

At first they used to change goods with goods, then Gold came along, this led to money and now we are here doing Bitcoin. Crypto-currency will take over everything. What do you guys think?

It's already been somehow discussed. Yeah, bitcoin will sure be very popular and it will be used for paying bills/buying things/paying for services/etc. but I guess that it will never replace money. But it will take over the market.

Posted
16 minutes ago, Vladv26 said:

I dont thinkthink Bitcoin can surpass gold because gold exists on earth since planet was created and everyone knows about it. Bitcoin has some disadvantages now like high fees, especially these days, and a higher time to confirm transactions. Maybe in future if Bitcoin could be somehow upgraded it may become one of the best payment method 

It depends on what you're saying when you say "surpass". If you mean by price, then it is a big chance for bitcoin to surpass gold, but if you're talking about usage, then yeah, for a long time gold will stay in its place.

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