Topic: Bitcoin and Globalization (Read 1282 times)
With the advancement of technology it has the great impact towards globalization. Bitcoin uses blockchain technology which help people transacts faster worldwide.
The blockchain, a decentralized ledger that verifies and permanently records transactions, may help us achieve this goal. In fact, the democratizing potential of this technology could be key to ushering in a new era of globalism.
I don't think that invention of Bitcoin was some kind of a part of the globalization plan. Nobody can even say for sure if cryptos will replace the existing currencies. But we can't deny that fact it has already made a great impact on some areas.
Yes, cryptocurrencies will change humanity. But it still takes a long time. Perhaps five years later, the world will use cryptocurrency.
This is a modern globalization time. But if you have not enough money to see the new era you can not move anymore. Here bitcoin is working for everybody that people can freely earn money from it at any time. So they can freely move himself. It will be more easier when all country will accept BTC as a currency and there would be no barrier to transaction BTC.
Maybe Bitcoin is part of the globalization plan?
In some part yes because bitcoin will definitely change the way we perceive currency and mass adoption will soon be attain.
The fact that we're now in age of blockchain that we see it's that can solve issues in transparency and anonymity in our community and this will attributes a lot.
I just learned that Africa, branded as poor country yet they still be able to use blockchain in their every lives and this we should be looking at. If we really want something to change, we should be able to open for innovation.
Bitcoin is a new economical forms with the strong net work systems linked with the modern technology It also connected with the block chain technology which ensures the strong security systems.Its features are attractive to the global investors so its popularity is increasing world wide.The total bitcoin quantity which can mine is 21 million and if the global community is using bitcoin for their daily requirements its demand in the market can increase and ultimately its price can shoot up.
actually bitcoin is the by product of globalization, a result of being a digital-based world, all over the world, bitcoin is getting its mark, more and more users are jumping in to crypto world, slowly adapting the nature of bitcoin as a decentralized assets. since the internet began, it shrink the world, it has forged each boundaries per country. as a result, bitcoin was invented.
If you're thinking that crypto currency is included in the globalization plan then i would agree with you a hundred percent. Fornone thing crypro currency could benused instantaneously accross the globe without the need to convert it to the local currency. I think given time crypto currency will be the only currency everywhere.
Bitcoin is a global digital currency, but besides, there are countries that do not accept bictoin but bitcoin wants to move to the broader market and will be globalized in the near future.
bitcoin and globalization seems to be very influential in the development of technology and the more people who use bitcoin then the price of bitcoin can be expensive in the era of globalization.
Bitcoin and globalization is something that fits each other. But the issue of whether the Government would allow that to happen because even after the decades some countries have not been able to implement it, mainly due to government interference.
Now the world is globally connected and i hope that bitcoin will also play a good role in the globalization i think that educated community is fully involved with crypto using and this will change the world from the past decades and Globalization is expanding day by day and with this the businesses will also forms and it is the factors which changing the world .
which is the goal of bitcoin other than as an investment as a global payment instrument that can be accepted by all countries, because all know that bitcoin offers a clean system that is free of corruption
copper member
Activity: 141
Merit: 1
API-Based Smart Contract Solution For Exch Hacking
Globalization doesn't mean all states becoming one. The financial aspect is just one part, there are cultural, political and social aspects of globalization too. That said, the very concept of BTC is global. No boundaries, no restrictions, and very little or no transaction costs.
Maybe so. I mean the whole point of a Bitcoin is simply to have the whole world use one specific currency to exchange goods and services under one exchange. No more figuring out the value of a product from one part of the world and another. I would love to see a planet operating under one economics.
Bitcoin will definitely help the world to achieve the much needed globalization. With the ease of its transaction across several countries.
Waiting to see it happen very soon. Every country’s economic growth depends on its growth. Countries who accepted bitcoin and crypt currencies and who are not yet to. View the lifestyle and wealth of who earned crypto. They are on next stage with millions. Hence we need countries to accept crypto currencies. Its still happening so.
For bitcoin development need globalization. When every country and every people know about bitcoin then bitcoin be quick globalization in the world. I think this happen will soon.
Yes, it is only a matter of time sooner or later, there are still some countries that are banning or restricting the investment and use of bitcoin. This virtual currency has many benefits and needs to be known around the globe
Jump to: