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Topic: Bitcoin cannot be a global currency - page 2. (Read 5119 times)

newbie
Activity: 92
Merit: 0
September 07, 2018, 04:22:59 AM
Bitcoin is the first decentralized asset and also the first digital currency that has allowed anyone to do things that other major fiat currencies could never even imagine with the help of Blockchain technology and that is why Bitcoin will be much popular in the future because it possess better qualities and features than any non digital currency in the world and that is why many predict that Bitoin will be the next and first digital token to use as an international currency     
newbie
Activity: 137
Merit: 0
September 02, 2018, 12:52:16 PM
Of course, Bitcoin can be a world currency. However, Bitcoin is not valid in all countries. But seeing the popularity of Bitcoin,it will be the world currency for a time.Only the bitcoin has been known in all the countries, which could not make any other coins.Everywhere they are Bitcoin,world Currency Will be.
I agree with your opinion.bitcoin is largest online crypto market. this is popular currency.so i still believe bitcoin can be global currency.   
jr. member
Activity: 353
Merit: 4
September 02, 2018, 12:49:56 PM
Maybe now many doubt that bitcoin is a global currency. But I think bitcoin is likely to be a global currency in the future, because bitcoin is the strongest and very popular so that in the future bitcoin will be accepted as a currency.
member
Activity: 378
Merit: 10
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
September 02, 2018, 12:44:30 PM
at this time it can't but I believe someday bitcoin will become a currency for the world
I think its impossible , bitcoin truly not fit for transactions cause its super volatile and i believe there might be a cryptocurrency from central bank which is stable like tether and would be really safe and good for transaction. Bitcoin could be really good as asset of development but not really good as currency.
sr. member
Activity: 658
Merit: 253
September 02, 2018, 12:42:30 PM
Yes, in many ways Bitcoin will repeat the fate of any other currency in the world – it would also be attractive for those who have accumulated so much money that involves some states in poverty. But I believe that Bitcoin can have its own way.
newbie
Activity: 2
Merit: 0
September 02, 2018, 08:40:49 AM
I think that centralization is one of the big problems of Bitcoin today, because most currencies are in the hands of a few people, so the goal of achieving global use is not being achieved, most likely other cryptocurrencies do in the near future.
hero member
Activity: 728
Merit: 503
dApps Development Automation Platform
September 02, 2018, 08:28:00 AM
Technology believers believe that bitcoin is the mission of decentralization, the future of the world currency.


BTC just need, relative scarcity and the manufacturing cost, nature has the price, the price is the fluctuation, as long as access to the securitization in the human history of human use of the most profound institutional invention, the currency is likely to generate huge profits.


You have a lot of money and you have followers. With followers there is a crowd. The masses will naturally divide.


With differentiation, there is naturally a blank majority. Naturally, there are evil men who have been swindled. Nature has its center and leadership.


This is the history of bitcoin's journey along the way, which is why the BTC creator went to the center to turn the government against the pursuit of liberalism.


But on a philosophical basis, technologists are wrong.


The beginning of human birth is said to be monkeys. No government, no center. No money, no inflation. Government is not the product of power, but the government itself is the product of liberalism.


Because freedom must be evil, freedom itself creates chaos, and chaos leads to the pursuit of order, thus freedom produces power and bad power transition to good power.


In the world of BTC, new centralization has begun:


Global mining is concentrated in the hands of a few. The maintenance and development of bitcoin is concentrated in the hands of few digital farmers. The influence of virtual currency is concentrated in the hands of a few big v.


They are the new army, the new bureaucracy, the new emperor. Are these people trustworthy?


The emergence of BTC is a technological advance in the history of human currency. It makes up for the deficiency of the existing monetary system and should also promote the reform of the existing monetary system.


Like insurrection, it is either extinguished or assimilated into the long river of history.
I think we have to remember again that the initial goal of creating bitcoin is for global financial system. However the only struggle that will be faced by bitcoin is the regulation from any country.
newbie
Activity: 72
Merit: 0
September 02, 2018, 08:24:45 AM
Technology believers believe that bitcoin is the mission of decentralization, the future of the world currency.


BTC just need, relative scarcity and the manufacturing cost, nature has the price, the price is the fluctuation, as long as access to the securitization in the human history of human use of the most profound institutional invention, the currency is likely to generate huge profits.


You have a lot of money and you have followers. With followers there is a crowd. The masses will naturally divide.


With differentiation, there is naturally a blank majority. Naturally, there are evil men who have been swindled. Nature has its center and leadership.


This is the history of bitcoin's journey along the way, which is why the BTC creator went to the center to turn the government against the pursuit of liberalism.


But on a philosophical basis, technologists are wrong.


The beginning of human birth is said to be monkeys. No government, no center. No money, no inflation. Government is not the product of power, but the government itself is the product of liberalism.


Because freedom must be evil, freedom itself creates chaos, and chaos leads to the pursuit of order, thus freedom produces power and bad power transition to good power.


In the world of BTC, new centralization has begun:


Global mining is concentrated in the hands of a few. The maintenance and development of bitcoin is concentrated in the hands of few digital farmers. The influence of virtual currency is concentrated in the hands of a few big v.


They are the new army, the new bureaucracy, the new emperor. Are these people trustworthy?


The emergence of BTC is a technological advance in the history of human currency. It makes up for the deficiency of the existing monetary system and should also promote the reform of the existing monetary system.


Like insurrection, it is either extinguished or assimilated into the long river of history.

If there are certain qualities inoder to become a global currency Bitcoin has all of them without a debate and there is a big posiblity it will become a global currency due to the higher demand it is getting from every industry from all over the world and still any new or experienced  investor or a trader consider Bitcoin as the main currency above all other in the cryptocurrency market and I think that is because of the demand that the outside world has given towards Bitcoin and also it's popularity among many so this will be the first decentralized global currency in the world 
newbie
Activity: 58
Merit: 0
September 02, 2018, 04:43:29 AM
Technology believers believe that bitcoin is the mission of decentralization, the future of the world currency.


BTC just need, relative scarcity and the manufacturing cost, nature has the price, the price is the fluctuation, as long as access to the securitization in the human history of human use of the most profound institutional invention, the currency is likely to generate huge profits.


You have a lot of money and you have followers. With followers there is a crowd. The masses will naturally divide.


With differentiation, there is naturally a blank majority. Naturally, there are evil men who have been swindled. Nature has its center and leadership.


This is the history of bitcoin's journey along the way, which is why the BTC creator went to the center to turn the government against the pursuit of liberalism.


But on a philosophical basis, technologists are wrong.


The beginning of human birth is said to be monkeys. No government, no center. No money, no inflation. Government is not the product of power, but the government itself is the product of liberalism.


Because freedom must be evil, freedom itself creates chaos, and chaos leads to the pursuit of order, thus freedom produces power and bad power transition to good power.


In the world of BTC, new centralization has begun:


Global mining is concentrated in the hands of a few. The maintenance and development of bitcoin is concentrated in the hands of few digital farmers. The influence of virtual currency is concentrated in the hands of a few big v.


They are the new army, the new bureaucracy, the new emperor. Are these people trustworthy?


The emergence of BTC is a technological advance in the history of human currency. It makes up for the deficiency of the existing monetary system and should also promote the reform of the existing monetary system.


Like insurrection, it is either extinguished or assimilated into the long river of history.

Yes I agree, bitcoin is far from being a global currency but because of the advent in technology, there is no wonder that it is the most famous cryptocurrency there is. In the future,  it might not be a global currency but it will be the most used and accepted worldwide and eventually maybe more countries will come to realize that it should be regulated.
newbie
Activity: 28
Merit: 0
September 02, 2018, 03:35:33 AM
Even still Bitcoin is not a global currency it is doing fine and during the history of Bitcoin it has clearly shown it has better ability to adapt immensely with any scenario so it has the ability to expand all over the world to become a global currency   
I'm sure bitcoin will be an influential currency in the future, but bitcoin will not be a global currency. Because the position of bitcoin as a digital currency is strongly influenced by internet technology with fast and stable capabilities, while in other parts of the world there are still primitive technologies. That is intellectual ability and subsequent government policies that are not enthusiastic about bitcoin currencies. Because the government does not want control of currencies to be lost, because bitcoin cannot be intervened by anyone.
member
Activity: 532
Merit: 11
September 02, 2018, 03:32:23 AM
we see that here the bitcoin is getting to be known by a large number of people, people didn't know what bitcoin used to be, but today we all know what bitcoin is, and of course it's easy for bitcoin to become a world currency, we just wait for this continuation of bitcoin
newbie
Activity: 112
Merit: 0
September 02, 2018, 03:25:22 AM
Bitcoin appears in the picture is not appropriate to cover the shortcomings in the current monetary system, but to make it very safe and easily accessible even though it is online-based.
newbie
Activity: 56
Merit: 0
September 02, 2018, 03:17:28 AM
Bitcoin is already a global currency, because it is a currently the currench that tight different country together. Then as of now I can possess dollar in my domiciliary account without going through bank desk. I can just exchange my coin in an exchange to fiat of my choice.
full member
Activity: 406
Merit: 100
September 02, 2018, 02:37:50 AM
I think that bitcoin has all the chances to emerge as a global currency. the principle thing is that the entire global helps this generation now and inside the future.
member
Activity: 280
Merit: 10
September 02, 2018, 02:07:15 AM
Yes, I agree with you. Bitcoin can hardly become a world currency. But bitcoin will be a more popular form of payment and more convenient in life, exists in parallel with fiat and other means of payment.
sr. member
Activity: 630
Merit: 250
September 02, 2018, 01:10:44 AM
I agree with you that bitcoin will probably will never be the main global currency, but it can replace the current internet payment systems, instead of paying with credit card over the internet that will also require you to reveal your credit card details Smiley Smiley Smiley Smiley
bitcoin has shown that it can change depending on conditions as long as it works in the old paradigm, but the various improvements adopted by the community can change its tactical specifications.
newbie
Activity: 5
Merit: 0
September 01, 2018, 10:42:57 AM
at this time it can't but I believe someday bitcoin will become a currency for the world
full member
Activity: 602
Merit: 100
VANM - VIRAL ADVERTISING NETWORK MINING
September 01, 2018, 10:37:16 AM
Without us knowing bitcoin has become global, many people have used Bitcoin from various countries, and are very famous in the world. Bitcoin has been able to steal the government in parts of the world and will continue to be a pro-contra by the state, but still exists.
full member
Activity: 420
Merit: 100
September 01, 2018, 10:23:43 AM
It is already global, so what are we even talking about? If you're saying that it won't become the only currency in the world, then yes, but the reasons for it are mainly based on economics.
full member
Activity: 418
Merit: 106
September 01, 2018, 08:54:30 AM
I agree with you that bitcoin will probably will never be the main global currency, but it can replace the current internet payment systems, instead of paying with credit card over the internet that will also require you to reveal your credit card details, you can play anonymously with bitcoin.

Fiat defends citizens from them-self, if regular people will start using bitcoin on a daily basis, the chances of them to get scammed is pretty high considering all the scams that are running on the cryptocurrencies market.
Unregulated market is really dangerous for some people, and that's what fiat comes to defend.



Definitely but the fact that bitcoin is getting more popularity these days, it is not impossible at all. Bitcoin is just getting started but who knows..  There will be more improvements ahead and it will increase its capabilities that can help bitcoin to meet the standards of global currency.
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