What Is Meant By Threads In Cryptocurrency

What is meant by threads in cryptocurrency

What is meant by threads in cryptocurrency

Do you think cryptocurrency will make real money disappear ?

You know in the past people used salt to trade instead of money , now the salt is meant for something else.

Do you think real money will disappear?

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Will BTC be the next new big thing ?

Though Bitcoin is a very promising commodity, still I think it cannot replace the real money. For one, any government will not hold anything that they cannot control and bitcoin for that matter is an example.

It is a decentralized currency, meaning no one has a direct authority over it.

In reality you can trade today your salt(goods) with other, so they don't really loose their meaning, but their value is just dropping.
BTC will not take over anything, because pretty unstable/limited amount/no control over it.
We cannot tell what will happen in the future, but now it will not gonna happen.
No, because we cannot tell if bitcoin will still exist after years will pass.
Yes, but not in near future.

I was told that this electronic money was created in order to give population (world, poor, rich...) control of their own money without the need of a bank ("those bad guys"), But for that to succeed we have to give computers and internet access to all, and that we are forgetting.

Though Bitcoin is a very promising commodity, still I think it cannot replace the real money.

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For one, any government will not hold anything that they cannot control and bitcoin for that matter is an example. It is a decentralized currency, meaning no one has a direct authority over it.

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What if people all of a sudden stop using the paper money ? All of a sudden everyone wants to keep trading/paying stuff with cryptocurrencies..

What is meant by threads in cryptocurrency

which means that paper money will be out of use and banks/government money printing facilities will stop working.How are governments gonna deal with that ?

You know in the past people used salt to trade instead of money , now the salt is meant for something else. Do you think real money will disappear? Will BTC be the next new big thing ?
Bitcoin is already a big thing.But I don't think it is possible ever to make real money disappear.Dollar or (gold-even if it is not real money) will exist ever.I think they will coexist.
Bitcoin is gaining popularity elsewhere, but I don't think it can completely substitute the physical money.

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Not all people are knowledgeable enough about Bitcoin, unless everything will turn cashless. But the problem with Bitcoin is the value is fluctuating.

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No. I dont think cryptocurrency will make real money disappear. Maybe in the future , in next 100 years but it is not going to happen very soon.

Just think that real money are used since year 500.

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Every single person use money every second/minute/hours etc. It is going to be impossible to make real money disappear in a few years. Also a lot of people dont even know what is that GOOGLE. How do you expect them to use something that they never heard about .

I do think real money can be replaced but not very soon

What if people all of a sudden stop using the paper money ?

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All of a sudden everyone wants to keep trading/paying stuff with cryptocurrencies.. which means that paper money will be out of use and banks/government money printing facilities will stop working.How are governments gonna deal with that ?

What is meant by threads in cryptocurrency

If any government will find a way to exploit Bitcoin, then it wouldn't be a problem replacing the paper money with bitcoin. First, they will save time and resources from creating the paper money.

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Second, bitcoin cannot be pirated (creating fake copies) unlike paper money which is very prone to piracy. And lastly, bitcoin is universal and so you won't need exchangers when you go to different places or different country.

In reality you can trade today your salt(goods) with other, so they don't really loose their meaning, but their value is just dropping.
BTC will not take over anything, because pretty unstable/limited amount/no control over it.

What if somehow , in any way, Bitcoin stabilizes ? How are we going to deal with that ? and yeah you are right about the salt, I think some people still use it to trade in certain areas.
If any government will find a way to exploit Bitcoin, then it wouldn't be a problem replacing the paper money with bitcoin.

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First, they will save time and resources from creating the paper money. Second, bitcoin cannot be pirated (creating fake copies) unlike paper money which is very prone to piracy. And lastly, bitcoin is universal and so you won't need exchangers when you go to different places or different country.

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You have a point. Bitcoin can never be counterfeited, an advantage that physical money doesn't have. Also, being universal can also make it advantage. Time will come that we'll be living a cashless society.