Bitcoin and Future of Economy! - page 4.

Samolet

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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'm sure that there is a future for bitcoin. Already, there are places where bitcoin is accepted as a means of payment, and I think there will be more of them when it will be possible to conduct micropayments. But before Bitcoin becomes the dominant global money, it will have to successfully pass the development stage, where scalability and privacy issues will be resolved. It is known that the increasing complexity of computation requires developers to create a carefully thought-out approach, which is necessary to solve the problem regarding the optimal block sizes. Otherwise, the Bitcoin system can split into several parts or get protection problems.

BabyBoss

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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?

Yes that will be done if there is millionaires going to buy and hold bitcoin I think they will going to help bitcoin to be the main currency of the world.

Yatsan

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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?

It is not impossible to happen. As we can see, bitcoin has a huge potential. It is like slowly taking step to reach people. But the thing here is, people need to realize what is bitcoin, how bitcoin works, and other questions concerning on understanding bitcoin. Bitcoin would be very essential in the future since we are facing a technology age.

bigboyd

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bitcoin is a successful investment. Anyone investing in bitcoin can make a good progress.
Because this coin is a future coin. Investors will be very interested in investing in BTC. This is worth a good coin. This is sure to be very valuable in the future. Bitcoin will further improve in the future. The economic situation is growing. Investors can also see a significant improvement

bitlind

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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 think the fact that Japan is making steps towards bitcoin making it a payment method will show us the example how country can be prospective with bitcoin integrated in economy.

nambunamba

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Quote from: batang_bitcoin on June 14, 2018, 10:00:30 PM

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

So my question is can bitcoin be a main currency of world economy?

It will become the main currency for crypto economy but not for world economy.

There's a long debate on how will bitcoin going to overtake the currency worldwide but there's a long way to go before it will go there. Dollar will stay and bitcoin will be it's rival and alternative choice for people who wants to stay anonymous.

Yes i do think its hard for bitcoin to be world currency, but in crypto world bitcoin will be more popular and become the first coin to be accepted for new ICO and also ICO would be really the best option for startup company to fund money. Bitcoin will become more likely gold and become good asset for investment.

BCSHonda

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Quote from: satria33 on August 23, 2018, 04:39:12 AM

Crypto are looked in a similar manner now where many nations around the world are struggling to control it but others are putting open bans on its use. and i think they will in no way be accepted as worldwide currency or monetary center.

It probably takes more time to prove to the community. At the present time it may not be well known to the community. And national governments still do not really trust electronic money. I believe it will achieve good results, then will be recognized and accepted as normal.

satria33

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Crypto are looked in a similar manner now where many nations around the world are struggling to control it but others are putting open bans on its use. and i think they will in no way be accepted as worldwide currency or monetary center.

vicarios

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That's not possible. BTC can't be a general currency. Too many hands in it, as you can see it can be easily controlled and it's not stable even if it worth 1 million dollars! For now it's just making us rich or poor! That is btc!

hungtrajamd12j33

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Bitcoin achieves a certain value. They are used for shaping many economic transactions. People also use this money to invest. And hoarding value. So this currency is now without limits

Burogh

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Quote from: Fantastic33 on July 25, 2018, 08:54:02 AM

Bitcoin can become the main currency in the world IF all the government will accept its use. However, that would be hard to achieve since the government do not have direct control on bitcoin. Every government have their own currency which is already existing for many years and changing fiat to bitcoin will take a lot of changes in the economic system since every fiat have different value and prices. Another is that the central bank still do not consider or recognize btc as a currency, so how can we use it wordwide? And lastly, to be able to use bitcoin, one must need an internet connection and a mobile phone. Without this 2, bitcoin cant be use.

I think government very interesting about cryptocurrency because government can earn taxes from crypto trading. Indeed, every country have their own currency and i think its hard to replace fiat with cryptocurrency because government think crypto is store of value or just an investment

Shimmiry

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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?

This is possible to happen. Bitcoin has the same characteristics as the fiat, on the current currency of today. But the thing is, bitcoin helps people to have or to access in it in an easier way. It is an instant matter, that is why bitcoin will help people to have a better life.

Wall_Streeet

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I think this is impossible, otherwise all bitcoin users will take money from this country

Dontme

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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?

Maybe if they price is going higher or more and maybe if the transaction fee is not that too much. Maybe if all people become aware through crypto and they have more interest on it.

hiru65

newbie

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When considering the precent price and market we will disapointed. We should think about the future. Always bitcoin will help for long term traders. If we have money we hadbetter invest in bitcoin now. Because it will be up as soon as possible. There are many reasons to it. Mining process is stable now and profitable. Other factors which affected to bitcoin is also stable.

loveinberlin

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I think that the future of economy is predictable. To my mind, this is better than the situation when we don't know what to expect. I think that the future of btc will be great. i will be able to benefit from it

kenlyresuello08

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It has a big possibility that bitcoin is going to be the main cryptocurrencies in the world. The reason was bitcoin is the most popular in all cryptocurrencies

unblocked_pup

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Bitcoin won't have secure future till it's accepted by Govt. If it's accepted by Govt. in future, it'll decrease because it's used in black hat ways.

Panunggalan

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the future of bitcoin is very good, bitcoin will unite the economy, I believe bitcoin and the economy will be united and will be recognized and done by the community.

Sandijoee

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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?

If bitcoin prices are not stable anymore, maybe bitcoin will not be the main money in the economy anymore. Because the economy is important for human life and also the country. I hope bitcoin will increase soon so that the economy returns to normal.

Topic: Bitcoin and Future of Economy! - page 4. (Read 2933 times)