NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Bitcoin Exchange Gemini Makes A Splash On Nasdaq Debut, Jumping Nearly 50%
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Bitcoin Exchange Gemini Makes A Splash On Nasdaq Debut, Jumping Nearly 50%

The Future of Digital Currency, What Lies Ahead?

Gautham
Gautham
4 years ago
3 mins read
digital currency

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Bitcoin is a digital currency which is no doubt a product of the internet. When it comes to adoption and future of this digital currency, bitcoin is readily comparable to the origins and growth of the internet itself. It is the human nature to fiercely resist change before embracing it, and being a revolutionary development, bitcoin is still facing the resistance phase.

Bitcoin and its underlying technology have introduced a completely new monetary system which no one would have imagined to be possible before it. Bitcoin is an open source, distributed digital currency that works without the involvement of a bank or any other institution as a trusted third party. This allows individuals to have more control over their money without worrying about the banks or the government dictating terms. These very characteristics of bitcoin are being blamed by some, for supposedly encouraging money laundering, tax evasion, and for its use on the deep web. However, bitcoin has got a lot more to offer than what has been discussed about so fat in the media.

Bitcoin is the first open payment system the world has ever seen. Even though it is still new, it is growing and will continue to grow big until it creates a huge impact, just like the internet. Being an open source system makes it easier for developers and enthusiast to build upon the existing system, making it much better than it already is.

There are plenty of companies offering bitcoin exchange, trading and payment services. Most of them have seen a lot of changes in the behavior of their users in the recent days. The change in user behavior has a direct co-relation with bitcoin’s value as well. According to media reports, the number of speculative bitcoin users has gone down. More and more people are increasingly using bitcoin as a payment network than a speculative financial asset. This change in user behavior has no only led to the growth of the network but also reduced price volatility.

Currently, bitcoin is being used mainly for remittance, payouts for freelancers, contractors, and other regular payments. As its adoption grows, many companies like DELL, Overstock, Expedia and others have already started accepting bitcoin payments on their sites.
In a recent interview, the CEO and founder of Coinbase Brian Armstrong has stated that bitcoin and blockchain technology are not as separable as some presume. They are both part of the same thing, and unless more innovation goes into the public blockchain and bitcoin, private blockchains and integration of the technology into the banking sector will not make much difference.

There have been multiple reports of bitcoin being a failure, but according to Brian Armstrong these developers haven’t been patient enough to wait for things to happen. Also, it is not new for bitcoin to have people wrongly predict its impending demise. These predictions are so frequent that there is a website called Bitcoin Obituaries to keep track of them.

The advantages of bitcoin are unparalleled and those who are talking about the demise of bitcoin in the near future are doing so with no more than a couple of points to support their hypothesis.

Ref: The Mercury News | Image: Make Big Money - Great Beyond
Disclaimer: The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of NewsBTC
Tweet123Share196ShareSend
Gautham
Gautham

Gautham

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Chainlink

Chainlink And Polymarket Forge New Alliance: LINK Forecasted To Outperform XRP By 2030

Chainlink (LINK), one of the crypto market’s leading providers of decentralized oracle solutions, has announced a partnership with the prediction...

Ronaldo Marquez 3 hours ago
Bitcoin price news

Bitcoin Bears Shaken—Analyst Says Local Bottom 90% Likely Set

Bitcoin’s current rebound off the $107,200 low has sparked renewed debate over whether the market has already set its local...

Jake Simmons 4 hours ago
Dogecoin

Dogecoin Breaks Out, Eyes Historic Surge Between $0.41–$0.97 – What To Expect

Dogecoin (DOGE) has staged a strong breakout after forming a double bottom near key support, surging past $0.26 and leaving...

Godspower Owie 5 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

bitcoin price btc btcusd 1

Bitcoin Climbs Past $115,000 on Inflation Relief and ETF Flows, But Bearish Signals Loom

James Halver 20 minutes ago
Solana

Analyst Sets Bold $1,314 Target For Solana After Cup-And-Handle Breakout

Keshav Verma 1 hour ago
bitcoin

Bitcoin Breaks Above Mid-Term Holder Breakeven – Is A Fresh Rally Brewing?

Ash Tiwari 2 hours ago

Premium Sponsors

Press Releases

  • トレーダー注目の新規コイン ― 仮想通貨1000倍リターンを狙える格安銘柄

    トレーダー注目の新規コイン ―...

    11 hours ago
  • ミームコインが注目のプレセールで100万ドル突破 ― Mine-to-Earn型報酬が話題に

    ...

    11 hours ago
  • Tyto 3 altcoiny explodují v aktuální sezóně – Bitcoin Hyper, Maxi Doge a Wepe SOL by mohly být dalšími generátory milionářů

    Maxi Doge ($MAXI): Investičná príležitosť medzi meme...

    16 hours ago
  • Maxi Doge ($MAXI): Investiční příležitost mezi meme...

    16 hours ago
  • イーサリアム...

    17 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.