In 10 Years We Will See Bitcoins Full Potential!

in bitcoin •  7 years ago 

Steve Wozniak.png

Steve Wozniak, one of the founders of Apple, said that Bitcoin and the Blockchain technology would reach its full potential in a decade. Of course, all of us want to see that the Blockchain technology and cryptocurrencies move forward much quicker.


One example is STEEM. I think it is still underrated. Just my opinion.
By the way: The STEEM Blockchain was ranked as the second-best competitive Blockchain by the Chinese ministry. Check out this post here.


Back to topic. One decade is not very much, and the question is what does full potential even mean? Is it equal to some predictions some people gave about bitcoin? I don't know. It's great to see that well-known people see more and more the advantages of Blockchain technology but not only that; Also to talk about it in a way which makes non-developers, for example, curious about this whole thing.

Jack Dorsey CEO of Square, for example, was more concrete with his statement in March: In 10 Years Bitcoin will be the only currency of the internet.

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Source

Notice that he said only currency, not cryptocurrency.
Bold statement!

No one knows what the future will hold for us.

What do you think where will Bitcoin/Cryptocurrencies and the Blochain technology be in 10 years?

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This is the Future, blockchain cannot be described just as a revolution. It is a tsunami-like phenomenon, slowly advancing and gradually enveloping everything along its way by the force of its progression.

It think blockchain will take less time for widespread adoption

I am on your side if we say this.

Well said my friend :)
Great example ^^

Thanks pastor ... you have a kool DP by the way

Thanks my friend :)

The technology of the block chain is integrated into our life. It develops constantly and it has great prospects. We see a lot of interesting projects. I think that in 10 years we will see a completely different world :) There will be new technologies, but the technology of the block chain will be widely used.

Concerning the crypto currency, I see 2 developments of the event. They will manage to reach a maximum, and then they will be fixed. That is, strong volatility will disappear. The beta ratio should not be so large.
Either crypto-currency pools will be created. This will also save the crypto currency from strong ups and downs. In turn, this will strengthen the confidence in crypto-currencies. That is, the main idea is that it will become more stable. IMHO, this is my opinion.

This affirmation can have two interpretations, first, he might actually think that cryptocurrencies will need 10 years to reach their full potential, I´m a little bit more optimistic.
The second interpretation is that Apple realised it is late for the party and to prepare themselves for what´s coming, and they are trying to delay it, if a lot of people believe it will take 10 years it is not a very good omen.

Interesting point of view :)
Yeah,​ this could really be. Time will tell.

full potential? does that mean it will be accepted by merchants. so does that mean me going to a mall to purchase things, I can actually pay with bitcoin?

This is the question I also asked ;)
What does full potential mean?
He didn't say it, but Jack Dorsey​ was more concrete.

Just yesterday i read in the news that HTC would start manufacturing "blockchain phones"..... phones basically for cryptocurency,some bet companies too just started adopting it for sports.
More and more industries would continue to embrace crypto.
I believe the future of cryto is actually VERY BRIGHT

Blockchains phones? 🤔 Woow! This would be another step in​ the direction of the masses.
Thanks for sharing this information.

I think Bitcoin core will be one of the least used currencies on the internet in the future, atleast if you look at their current direction, which seems to be that they want to become digital gold.

Maybe the new gold standard.

Actually, when I think of it ever since I joined steemit. I always think of the next decade because I can't imagine the process steemit would have met by then, we can only hope for the future that is not here yet and we don't even know whether the future will ever come, I mean whether cryto currency will still be in existence, who knows ?

Important perspective. You’re right. We don't know how the future looks like that also mean if crypto will exist in the way we all imagine.

I think what we are seeing about blockchain now is nothing compared to what will happen in the future. I believe blockchain is going to spread into different areas like a wild fire and take over those areas.

Oh yes, preach it :)
I like your optimism. Let's hope for the best!

Thanks

Right now we can only imagine. In 10 years those imaginations will give birth to several awesome projects and even bigger imaginations. Blockchain will change the World

I genuinely believe that blockchain will make a significant change in our entire world. I am happy that we are already a part of it.

The STEEM Blockchain was ranked as the second-best competitive Blockchain by the Chinese ministry.

Yeah I saw this post and truly I was amazed , I see the future of blockchain being generally adopted by lots and lots even half population of the world before 5years.

• China ranks Steem #2 token (Official Chinese Ministry)

• Steem is rated #1 in technology in China . This makes perfect sense because DPOS is the best currently available technology for mass adoption

I see Steem growing and will even grow more with the launch of SMTs. Steem in my opinion has a community backing up and increasing its usability but others don’t which I believe gives Steem the advantage and better competition with bitcoin in the future .

This also one critical part. The community!
Look until now there were not so much marketing campaigns for steemit. Nevertheless it’s growing which speaks for the community.

Steemit already crossed one million milestone. Cheers for steemit

Yes, go Steemit, go! 💪🏾😁

The STEEM Blockchain was ranked as the second-best competitive Blockchain by the Chinese ministry.

Yeah I saw this post and truly I was amazed , I see the future of blockchain being generally adopted by lots and lots even half population of the world before 5years.

• China ranks Steem #2 token (Official Chinese Ministry)

• Steem is rated #1 in technology in China . This makes perfect sense because DPOS is the best currently available technology for mass adoption

I see Steem growing and will even grow more with the launch of SMTs. Steem in my opinion has a community backing up and increasing its usability but others don’t which I believe gives Steem the advantage and better competition with bitcoin in the future .

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Greetings brother, since I started with steemit I've been interested in the world of cryptocurrencies. It's short the time ... but we've talked a lot about my husband and I about that. The growth we noticed, is already spoken very openly about that. 2 years ago a co-worker told us about the bitcoin and everyone in the office saw him as if he were crazy, hahaha and in the house I told my husband but I did not give him many details. At the end of 2017 when my husband was inquiring about the issue and was sorry not to hear what the co-worker told us. Since it was at a very good price and if we had paid attention since then we had already saved a lot ... Since then, we have seen how the cryptocurrency is increasingly open, we talk about any news, and have more sponsors, more support for solid companies, so in my opinion, maybe in less than 10 years the cryptocurrency will be a currency worldwide. A coin that will move the world and that will be in all countries, with easier access. Is that even computer companies are adapting their equipment to this technology. So I think that in less than 10 years ... maybe in half the time ... Good morning.

Thanks for sharing this story with us. I think this was the case for many people. In my case, it was also that way. I heard about it the first time around 2013 but also gave not much attention to it. STEEM shifted my interest in cryptocurrency to a whole new level. And it's still the beginning ^^

I also totally believe that the world will have a single currency, the internet currency; bitcoin.

Bitcoin is trading above $8,000 at the moment. It surely started lower than that and also has gotten even higher than this. The potential is really high.

Talking about Steem, it is truly underrated. The Blockchain merged two essential things together, (communication and earning) which increases the range of usability of the coin. As we know, there are 1 million registered users on steemit.com. It shows the acceptability of Steem at a rapid pace.

In my opinion, cryptos will be the main and single currency for transactions and valuing. Not only bitcoin. I highly believe in Steem considering it use cases and also the listing by Chinese ministry. Steem will reach the sky.

Cryptocurrency is the future and I agree that Steem is underrated soon we'll see Steem to reach as high as $20 to $40. To the moon we'll go @modernpastor! 😉🚀❤ Patience and positivity!👌

Everything takes time building its foundation and as for the way Blockchain Tech. is advancing is sure has a great future.

While the top rows people are giving positive statements about BTC is a good feed back for BTC itself. Which shows that it sure has potential and the thing that it needs to attract their attention.

The way Steem is going there will be positive news for us all in the near future.

These are just predictions lets hope these comes true and we get to witness it from the 1st bench of the row.