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Topic: Bitcoin cannot be a global currency - page 22. (Read 5099 times)

member
Activity: 292
Merit: 11
August 03, 2018, 01:01:50 PM
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.
What does not allow you to become one of the main owners bitcoin? The currency is maximally decentralized, and you can easily become its owner!
full member
Activity: 476
Merit: 102
Kuvacash.com
August 03, 2018, 12:57:53 PM
The most common reason given by everyone why Bitcoin cant be a global currency is cause it is too volatile. But this volatility isn't going to be here forever as once Bitcoins market cap gets large enough it is going to be very tough to manipulate and move its price in comparison to earlier.
full member
Activity: 448
Merit: 100
August 03, 2018, 12:16:18 PM
We are pointing comprehensively so any individual who feels that it will occur in a brief span is losing their brains. Indeed, even Google invested a long time to achieve where they are. So we simply need to keep on what we are doing and we will in the end achieve it. We should seek after such sort of thing as this will no uncertainty help us in such a large number of ways.
newbie
Activity: 308
Merit: 0
August 03, 2018, 12:09:07 PM
Why not? Bitcoin make the way you transfer money easier. Using bitcoin and you can transfer it to any country all over the world with really small fee, and it's really quick for the transaction goes through!
member
Activity: 378
Merit: 11
August 03, 2018, 11:59:26 AM
Bitcoin indeed cannot be a global currency at the moment but that's not to mean that it cannot become internationally recognised as a world currency and receive international usage and application. However, the bit coin may not get to that height and acclaim alone. It will intact be a herculean task or more must be achieved in the crypto world before such recognition can be. We watch to see what shall result.
sr. member
Activity: 336
Merit: 253
August 03, 2018, 11:24:25 AM
bitcoin is not competing with proprietary centralized forces generally in the blockchain space. There are other FOSS platforms and coins that potentially will do everything better, and in if those are truly better, they will replace bitcoin. But being a protocol it evolves at a slower pace than standard Software, but much faster than other protocol upgrades like IPv6 adoption for example.
sr. member
Activity: 672
Merit: 250
August 03, 2018, 11:17:09 AM
it seems that you are not familiar with bitcoin extensively, bitcoin already talks about people and is known by many people in every country.
almost all countries are involved in bitcoin progress to date.

but there are some countries that still ban bitcoin because many are abusing to buy illicit goods such as drugs.

but behind it all the many benefits that can be felt because easy transactions between countries using bitcoin

I think BTC is more like an asset than a currency because it has no stable value
you are right that the price of bitcoin is too volatile but it is for the time being and when the whole world use bitcoin as their regular currency nobody will calculate it into any other currency, then it will just one price and there will no volatility because of no comparison with other currencies. I want to see that time because it will be a different experience.
full member
Activity: 403
Merit: 100
August 02, 2018, 12:23:11 PM
Maybe it's true that Bitcoin can not be a global currency, but bitcoin has been owned by most of the population on this earth, Bitcoin will continue to grow and improve to attract many new bitcoin users. the fact that through the bitcoin internet connection is available worldwide makes it global and provides an opportunity for all countries in the world to use it and that's the beauty of bitcoin.
full member
Activity: 350
Merit: 109
August 02, 2018, 12:12:34 PM
Truly bitcoin and others digital currency can't be worldwide cash, it must be elective money. There are distributes of the motivation behind why bitcoin can’t is worldwide cash. On this planet there a place doesn't have or absence of internet connection. Not all the person knows the digital currency, and there someplace bitcoin, or cryptocurrency does not permit by the administrative authorities.
newbie
Activity: 151
Merit: 0
August 02, 2018, 12:02:54 PM
If bitcoin will accept in whole word i think its gonna be a global currency, but still know more country government not accepted bitcoin thats why it cant overtake fiat as a main currency of the people but im very sure we can use bitcoin in differnt form of online payment system.
newbie
Activity: 30
Merit: 0
August 02, 2018, 11:51:54 AM
that he will never be, it's a fact! But we understand that now everything is going to the fact that we can easily pay anywhere in the world with bitcoin.
Bitcoin will become the world currency, especially for online trading. Because using bitcoin transactions it becomes easier, cheaper and faster. Like the internet at the beginning of its creation, many doubts can unite the world. Eventually proved, we are now living in a world united by the internet. Like bitcoin, for payments between countries / continents only requires a few "clicks". Very simple
newbie
Activity: 51
Merit: 0
August 02, 2018, 04:04:50 AM
bitcoin can be a world currency, but only in certain countries, but bitcoin has not obtained legal permission from countries around the world, but bitcoin can also be used as a transaction tool to buy goods in one online store in countries that already know bitcoin, so if bitcoin is said to not be a global currency that you are wrong, actually now many are using it, bitcoin only needs time to reach its original goal
member
Activity: 350
Merit: 14
August 02, 2018, 03:56:28 AM
Linking today's technology with philosophy is like asking an atheist to believe in the existence of God just because the convincing party is theist. Bitcoin came into picture not exactly to make up for the deficiency in the current monetary system, but in order to make it highly secure and easily accessible although being based online. Who knows, we may even come up with better tech in the near future, marking a new era of easy payments but for now, lets just crown blockchain as the flagship here.
I strongly agree with your opinion, who must believe in god because we are also created by god.
Absolutely because many countries are still againts in bitcoin, and i think many countries will be againts in bitcoin in the future. Why? Because bitcoin being used in illegal transactions and trades in black market and that really affects the economy. And if that illegal things continues btc will be banned in all countries in the future.
sr. member
Activity: 672
Merit: 250
August 02, 2018, 03:29:22 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 don’t know for others, but I see Bitcoin as a global currency. Just look at this, everyone no matter where you are living  you still have the access to Bitcoin (except countries where government has banned it) and you can also send to anyone in any location and receive from anyone too. So since you can do that already, what then do you want from it? If you are waiting for when Bitcoin will become our currency, then I’m sorry, that’s a stupid thought.
It will take long time to become global currency. In my country most of the people still do not even know the name of cryptocurrency, so they will take long time to rely on bitcoin and put their money in it. The future is that of cryptocurrency and bitcoin is the leading crypto in the world. Bitcoin will take over the market but not sure about the time.
newbie
Activity: 39
Merit: 0
August 01, 2018, 12:23:51 PM
This is a good hypothesis but I don't believe in such possibility as Bitcoin is airway becoming a global curreny and in the coming days more and more people are joining this curreny. Grin Grin
member
Activity: 121
Merit: 16
August 01, 2018, 10:49:57 AM
Linking today's technology with philosophy is like asking an atheist to believe in the existence of God just because the convincing party is theist. Bitcoin came into picture not exactly to make up for the deficiency in the current monetary system, but in order to make it highly secure and easily accessible although being based online. Who knows, we may even come up with better tech in the near future, marking a new era of easy payments but for now, lets just crown blockchain as the flagship here.
I strongly agree with your opinion, who must believe in god because we are also created by god.
newbie
Activity: 1
Merit: 0
August 01, 2018, 10:40:52 AM
In my opinion, bitcoin is very potential to be a global currency, but not shifting the existence of other global currencies. In principle, bitcoin as a global currency that equips with other global currencies. bitcoin does not replace other global currencies. But indeed to reach this point is very difficult and it takes a very difficult business struggle. Now a lot of bitcoin makers are trying to drop the bitcoin. Therefore, as a wise crypto currency player, we should campaign for bitcoin's positive side so bitcoin could soon reach the point as a global currency.

In my opinion, bitcoin is potential for storing value - exactly what gold does. Global currency could be ETH, XRP, EOS, OMG..., just about 10-20 cryptocurrencies could provide all the need of money transaction. Other altcoins would go to hell.
member
Activity: 420
Merit: 10
August 01, 2018, 10:32:23 AM
In my opinion, bitcoin is very potential to be a global currency, but not shifting the existence of other global currencies. In principle, bitcoin as a global currency that equips with other global currencies. bitcoin does not replace other global currencies. But indeed to reach this point is very difficult and it takes a very difficult business struggle. Now a lot of bitcoin makers are trying to drop the bitcoin. Therefore, as a wise crypto currency player, we should campaign for bitcoin's positive side so bitcoin could soon reach the point as a global currency.
newbie
Activity: 70
Merit: 0
August 01, 2018, 10:22:44 AM
That is not about the bitcoin system. That is about the global electronic currency system
newbie
Activity: 131
Merit: 0
August 01, 2018, 10:20:05 AM
There are still many issues that needs to be addressed! I love to see btc as part of global currency because I was to it and you could sent cpin from all over world.
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