Bitcoin and Future of Economy! - page 11.

OrangeSeller

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Quote from: Qeupe on July 04, 2018, 11:32:44 AM

if it happens then we are the one step ahead, does not rule out that bitcoin can be used as the future of the economy, the path is still long to make it happen, but I am sure one day it must happen

Yeah, as we are all very optimistic anyway, knowing that a time will come when we will be able to walk into any merchant store and simply pay with bitcoin.
Things are evolving pretty fast though, but we are still in the early stage of things and we will just have to relax to see how things would eventually be playing out. Like you said, it will definitely happen one day, but that day is something we all just have to wait for.

weeklyeth

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Future of any country economy is depending on bitcoin and blockchain we can see most of the developing countries are using bitcoin as mainstream to boost their economy

Burogh

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Quote from: cryptomaster4 on June 14, 2018, 09:32:05 PM

Now we can see some countries are regulating bitcoin and some government don't like it.Otherwise Bitcoin hasn't a stable price.
So my question is can bitcoin be a main currency of world economy?

To be main currency, i think its hard for bitcoin. Every government have their own central banks and have regulation about currency. If government regulate bitcoin trading, i think its more possible. Beside that, bitcoin only have 21millions supply and i think its hard to cover world economy

MNDan

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We will not know what will happen in the future, although, in my opinion, I think it will not be that the bitcoin will become the main currency of the world. It may be one of the currencies, like any other currency that is converted, but this is far from possible, knowing that the government is still unclear when these digital currencies arise.

f150

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Bitcoin is still difficult to become the world's economic currencies or even impossible because there are some countries that ban even block the site, but for me Bitcoin is a savings asset for the future.

paynercash

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Quote from: rickadone on July 20, 2018, 12:42:59 PM

Quote from: Remedios19 on July 04, 2018, 08:20:28 AM

I think bitcoin is useful specially in an economy specially in developing countries.

Yes, it is definitely going to be useful, but how many people are actually seeing that usefulness and how many people are really not investing in bitcoin today because all they care about is to get rich and not because they want to invest for the future knowing what they stand to gain from bitcoin usage at the end.

The demand we had last year was a fake demand which is what I like to call it, and what is happening right now is imminent, as the market was meant to behave this way after a FOMO speculated price.

BTC is very useful, few people understand the usefulness. Most people think of the immediate profit that forgets its true value.
To make it last longer is a positive community, building it for the future. When it was strong in the market, then the whole community had a tremendous value.

tranquangvinh

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Quote from: cryptomaster4 on June 14, 2018, 09:32:05 PM

Now we can see some countries are regulating bitcoin and some government don't like it.Otherwise Bitcoin hasn't a stable price.
So my question is can bitcoin be a main currency of world economy?

I do not think bitcoin can become the main currency of the world economy because many countries still forbid bitcoin , bitcoin is a decentralized platform, they can not control it.

liivii

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Crypto currency together with Bitcoin and other altcoins have a good future because many people support it and how the market grows every year is quite a bit convincing. As long as their are people who supported and investing to it the greater the future they have, although it still volatile and have unpredictable price growth it's easy to earn profits here rather than doing a day job with a low salary.

Spaffin

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Quote from: cryptomaster4 on June 14, 2018, 09:32:05 PM

Now we can see some countries are regulating bitcoin and some government don't like it.Otherwise Bitcoin hasn't a stable price.
So my question is can bitcoin be a main currency of world economy?

In order for bitcoin to become the main currency of the world economy, it is first of all necessary that bitcoin possess the best qualities of currency, that is, it would be stable in price, have instant and practically free transactions, be recognized by the currency by all or most countries of the world. Bitcoin does not possess these qualities. It even in general very badly performs the function of currency, because it is mainly used as a means of accumulating value. In its own way, it does not suit the role of the world currency badly.

Marlo0619

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Well, if bitcoin will not be banned and will be legalize in every country, I think the certain country will be developed and will become rich. Because every user of this cryptocurrency will have an extra income excluding their job salary. Especially the investors, bitcoin investors will have a huge profit if they invest a large amount. It will be doubles or tripled. What I am trying here is that if the government will legalize bitcoin to by products and etc, then that country will be rich.

2@abcdeeply

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These two aspects are quite complex, now the BTC is hurting the international market, they have made the banking industry freeze and they make it more difficult.

dewi91

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I don't think bitcoin can be a main world currency because most of people use bitcoin as an investment, not use it for payment and if bitcoin become the main currency its mean all countries around the world should accept bitcoin but I think that's not possible because still many countries are not accept bitcoin.

Btcmaeng18

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Quote from: crzy on June 14, 2018, 09:54:26 PM

Its possible but it make take decades before it happen. Bitcoin may increase its value but it will have a hard time to get in the main market around the world. Maybe the whole cryptocurrency can be a good alternaternative for a fiat money but it will never be the main currency I think. Our government will always find ways to protect fiat money, but a least cryptocurrency will be accepted around the world in the future.

Yes that's right. Bitcoin is very good and a big help for our future. It will also lower the rate of poor people in this world. It can also rise our economy.

rickadone

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Quote from: Remedios19 on July 04, 2018, 08:20:28 AM

I think bitcoin is useful specially in an economy specially in developing countries.

Yes, it is definitely going to be useful, but how many people are actually seeing that usefulness and how many people are really not investing in bitcoin today because all they care about is to get rich and not because they want to invest for the future knowing what they stand to gain from bitcoin usage at the end.

The demand we had last year was a fake demand which is what I like to call it, and what is happening right now is imminent, as the market was meant to behave this way after a FOMO speculated price.

doublecoins

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now US Congress said Cryptocurrencies is the future of money it means even US government is looking for positive changes in cryptocurrencies we can expect more governments all over the world be positive in cryptocurrencies

Rhaizan

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Quote from: weblouartisan on July 18, 2018, 01:47:36 PM

Quote from: cryptomaster4 on June 14, 2018, 09:32:05 PM

Now we can see some countries are regulating bitcoin and some government don't like it.Otherwise Bitcoin hasn't a stable price.
So my question is can bitcoin be a main currency of world economy?

Bitcoins is good for the economy because it helps people to cover up their financial problems and most of the traders are going to earn profit if they only knew how to trade very well in the market.

Yes bitcoin can help the economy of one country and if many countries will accept bitcoin I am sure that it can affect the price and the price will increase ,but other country ban it I hope they can see the advantage of having bitcoin .

spongegar

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It very possible that crypto currencies would be the main currency of the world but that would be years in the making, maybe even atfter our lifetimes. I mean in itself, Bitcoin is very volatile and has spiked and dipped alot this year that investors are actually afraid of adopting it in their businesses. But i see alot of people accepting ETH as payment. Mostly on porn sites.

Btcschool

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Quote from: Priestly131 on June 26, 2018, 04:49:17 AM

I believe it is possible for bitcoin to be the economy of the world but that may take quite some time. Until it comes to the point where it is accepted by most governments in the world, this will not happen. But gradually it may get there.

The future of economy is very bright due to bitcoin because thousands of people are making money from bitcoin and they are able to overcome their financial problems. When people have no financial hurdles the economy of a country will definitely grow up and the government will be able to provide best facilities to their people.

sky4242

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Bitcoin will have a positive impact in the future economy. But the main currency will take a lot of time. Many countries in the world have not accepted Bitcoin yet. Bitcoin will further go forward in the future. That will be a lot of work for the world's economy.

weblouartisan

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Lets Go Adab

Quote from: cryptomaster4 on June 14, 2018, 09:32:05 PM

Now we can see some countries are regulating bitcoin and some government don't like it.Otherwise Bitcoin hasn't a stable price.
So my question is can bitcoin be a main currency of world economy?

Bitcoins is goo for the economy because it helps people to cover up their financial problems and most of the traders are going to earn profit if they only knew how to trade very well in the market.

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