Topic: Bitcoin and Future of Economy! - page 2. (Read 2933 times)
It is hard but I don't think it will never happen because nowadays bitcoin is becoming more and more popular. Personally i think bitcoin will be accepted in near future and it can replace fiat soon.
Bitcoin was not created to destroy the economy of a country but rather to do the otherwise. Bitcoin brings financial satisfaction to the people as they get to trade on a p2p mode without any delays from middle men. Bitcoin offers job opportunities to its merchants, traders, site developers etc. All these affect positively the economy of a country.
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?
My answer is never. What can we expect in a currency that comes from a market that has so much fraud and is always manipulated? The disadvantages of Bitcoin and the Crypto market are heavily exploited. So Bitcoin's future is bleak and we should not invest long term on it.So my question is can bitcoin be a main currency of world economy?
it could happen
when Japan legalized bitcoin and made it their second currency, I really hoped my country would do the same thing, and in reality it was very different from Japan who would accept change.
my country does not recognize with various reasons and regulations, 2 things that inhibit bitcoin in my country POLITITION & corruptors
when Japan legalized bitcoin and made it their second currency, I really hoped my country would do the same thing, and in reality it was very different from Japan who would accept change.
my country does not recognize with various reasons and regulations, 2 things that inhibit bitcoin in my country POLITITION & corruptors
For me BTC is the most futuristic thing we can interact with for today, also it has enormous potential to affect future economy and it will do that for sure.
Exactly bitcoin is helping people now, it is helping our community to be good, it helps our society to get rich people because as I have noticed after accepting bitcoin economical state of many countries has improved, baggers, jobless, homeless people can hardly found now, only because bitcoin is giving them chances to earn their own money instead of begging, so really good for our economical state.
Cryptocurrency will certainly affect the world economy in the future. Bitcoin is the most influential crypto currency. The world and the economy are changing, that change comes from Bitcoin.
Bitcoin may have become the main currency for the world economy. However, the fraudulent ICO and the Altcoin has led to Bitcoin in particular and the cryptocurrency in general is losing that opportunity.
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 don't think I can, because the dollar has become the main currency of the world economy. and now the dollar is the strongest currency. and it will be difficult to weaken the dollar. the state of the world economy is very doldipilarilar. When a crisis occurs in the United States, the impact will also be felt by countries that export and import a lot. so it will be difficult for bitcoin to replace the dollar as the main currency of the world economy.So my question is can bitcoin be a main currency of world economy?
I think if cryptocurrency/ Bitcoin will be properly implemented around the world then we will be digitally advance in technology and even in money and so all transactions will be done instantly and conveniently. Economy in the future will be very successful. Again if it will be properly implemented with guiding rules.
Bitcoin can become a reserve currency if all countries accept it and have clear rules. At the same time, there should be a separate direction for the development of Bitcoin in countries with economies in difficulty.
With the speed of modern technology development, resulting in many changes in the market and the creation of BTC. BTC is one of the hot currencies in the world, it has created the trust of business and attracted the number of investors, companies in the world. In the future it will grow even further, assuming that governments around the world will legitimize it and that it will be available on all exchanges.
Bitcoin will be one of the influential currencies for the future, because more and more users and countries that recognize bitcoin continue to grow. Not without reason, the country is slow to respond to the progress of bitcoin, but is looking for loopholes so that the state gets added value from bitcoin such as tax revenues, labor, and bitcoin monitoring. 
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?
So my question is can bitcoin be a main currency of world economy?
Is it really possible but then it takes a lot of time and effort if it happens. It takes time because it should be introduced to the peopl who are not civilized or those who are in rural place. It takes effort because there are lot of changes, rules and regulations to be implemented if it happens. But then who knows.
So my question is can bitcoin be a main currency of world economy?
Bitcoin's a currency that has great potential, to become the world's major currency if the government approves and legalizes bitcoin for use. But along with that, bitcoin still has many obstacles which one of them is the amount of supply which is very limited so that this's unlikely to be able to supply the entire human population in the world.
Bitcoin is big revolution in this era,We live in 21st century time change and the mentality of people change but still we stuck in the fiat money. There should be alternative for fiat money and hope Bitcoin is best medium of exchange and if we call Bitcoin is global currency it will not be wrong.
Future stable economy is necessary for every country or state and being optimist Bitcoin is helpful for healthy economy of the country.
Future stable economy is necessary for every country or state and being optimist Bitcoin is helpful for healthy economy of the country.
So my question is can bitcoin be a main currency of world economy?
Bitcoin's a currency that has great potential, to become the world's major currency if the government approves and legalizes bitcoin for use. But along with that, bitcoin still has many obstacles which one of them is the amount of supply which is very limited so that this's unlikely to be able to supply the entire human population in the world.
It is possible that such scenario of development bitcoin. But I think that bitcoin lacks power and scalability. Most likely, other more advanced crypto-currencies will come out in the lead-but at this stage, of course, the bitcoin leader is crypto-currency. The leading countries of the USA, Great Britain, Canada, Denmark and many others have approved the crypto currency. I think they are not afraid of new money, but on the contrary understand the inevitability of introduction to the economy.
I think that might happen, but bitcoin still takes a long time until it happens. At present there are several countries that reject it and I think every country must legalize bitcoin so that it can be realized. So we as bitcoin users must be more patient. I am not too concerned with the big thing that happened, what I hope is that bitcoin is increasing and legal in my country. That's just my opinion.
Maybe now it's still too difficult for Bitcoin to get to that level, but everything about Bitcoin still has an opportunity to become something more valuable than now, maybe I imagine a world where Bitcoin can be used in every country in the world and become the currency of world because it can be used in every country in the world
Yes, this can happen only for the implementation of this will take time.Many countries already have a negative attitude to bitcoin.For them to accept it, they will need the same large-scale use of bitcoin by other countries.
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 think why many countries are accepting bitcoin is because the country itself have the knowledge how to control the their people but some government did not accept it because they afraid that the bitcoin may replace the currency of their country. I think if the bitcoin become the main currency of the world economy, the bitcoin is already stable and ready to be the main currency of the world. So my question is can bitcoin be a main currency of world economy?
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