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Topic: Bitcoin cannot be a global currency - page 26. (Read 5099 times)

jr. member
Activity: 81
Merit: 1
July 30, 2018, 10:07:07 PM
maybe your statement is true, the government will definitely oppose and defend its national currency so as not to fall due to bitcoin, I think it is not wrong. In addition to being a global currency is certainly required approval from various countries, I can not imagine how the unity of the state will regulate it with different climate and economic cash system in each country.
jr. member
Activity: 196
Merit: 4
July 30, 2018, 09:23:58 PM
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.

I kind of agree with you on this. I dont know how popular bitcoin is in every country, as I am sure there are still people out there who have never heard of bitcoin where bitcoin/crypto is already popular. But I also agree that it may replace the current internet payment systems. Not soon but maybe in 5-10 years time. There are ewallets now where you no longer need a bank account but still allows you to withdraw your fund so it is highly possible bitcoins can become like that in the future.
newbie
Activity: 32
Merit: 0
July 30, 2018, 09:21:37 PM
It is impossble because bitcoin can not pass fiat money, fiat money is used widely all over the world
newbie
Activity: 1
Merit: 0
July 30, 2018, 09:10:39 PM
It was really useful
newbie
Activity: 177
Merit: 0
July 30, 2018, 09:08:54 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.


I think not because bitcoin can be a global currency but this is one huge step step to start becoming as global currency for Bitcoin is acceptance be people and mostly by Governments.

At this time bitcoin cannot be a global currency because of the kind of system at this point. But in the near future it happen when makes higher and faster. It is the needs of people in terms of payments.
hero member
Activity: 1470
Merit: 555
dont be greedy
July 30, 2018, 09:08:39 PM
very difficult to predict, that bitcoin will be the currency of the future, or not.
usually surprises from bitcoin come from unpredictable places, therefore I remain a true BTC HOLDER so as not to lag behind the important moments of BTC and share the atmosphere as a cryptocurrency community
member
Activity: 231
Merit: 10
July 30, 2018, 08:57:07 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.


I think not because bitcoin can be a global currency but this is one huge step step to start becoming as global currency for Bitcoin is acceptance be people and mostly by Governments.
jr. member
Activity: 126
Merit: 1
July 30, 2018, 08:18:39 PM
despite the fact that Bitcoin isn't applicable in every united states of america inside the international,Bitcoin has won recognition in each united states of america.From this touch,Bitcoin will be identified as a global foreign money.The future of Bitcoin may be very bright and it's far a reality that Bitcoin will take over the marketplace within the future.this may be international forex and i'm excited to see the time while the entire global will use just one foreign money international.
full member
Activity: 268
Merit: 100
July 30, 2018, 01:35:02 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.
We cannot really conclude anything right now but if we are going to keep on supporting bitcoin up until the future, nothing is so impossible to happen. Bitcoin has all the good characteristics a currency should have to attain more convenient and wealthy living for everyone. We should not doubt bitcoin's ability to dominate the world in the future.
member
Activity: 350
Merit: 10
July 30, 2018, 01:30:35 PM
Bitcoin can't be a global currency due to price volatility reasons every time prices changes so it is difficult to select one price for merchants to accept
Yes, Bitcoin has some disadvantages, but if the countries agreed to use Bitcoin as a global currency, its price would grow and it would have less volatility than it is now. In this regard, all other coins, goods and services would be tied to the price of Bitcoin, and not to the dollar as of now.
full member
Activity: 176
Merit: 110
July 30, 2018, 11:19:42 AM
Maybe it's possible if all biggest country accepts bitcoin. But at present many countries ignore it. because some economist thinks Bitcoin make problem their economy. Moreover, some country lawyer department thinks people doing crime with Bitcoin. So we waiting because one day maybe bitcoin make a global currency.
jr. member
Activity: 58
Merit: 1
July 30, 2018, 04:30:10 AM
I think that bitcoin is not a global currency, but an asset such as gold Cool
newbie
Activity: 101
Merit: 0
July 30, 2018, 04:27:52 AM
Each country should regulate its economic relations with citizens, but one currency can be left.
newbie
Activity: 56
Merit: 0
July 30, 2018, 04:24:42 AM
Yes, Bitcoin can not be a global currency. It is not accepted by many governments, it does not have enough functions of a currency
full member
Activity: 392
Merit: 112
July 29, 2018, 09:54:06 PM
Bitcoin can't be a global currency due to price volatility reasons every time prices changes so it is difficult to select one price for merchants to accept
Agree to this, we cannot say that Bitcoin can be a global currency but we should say that we can USE it as currency, but we cannot totally apply it because there are some people or business companies that don't want Bitcoin as currency for their own reasons.
full member
Activity: 257
Merit: 102
July 29, 2018, 09:45:57 PM
I think it cannot be a global currency though many country are accepting it but some other country ban it. And it cannot replace fiat for now. Bitcoin can be an asset but not a global currency even it was popular because there still a lot of person against it especially the government and they will do something to stop it on becoming a global currency.
member
Activity: 504
Merit: 10
YOUC | John McAfee Supports
July 29, 2018, 09:40:37 PM
Are you sure about this ? What if in the future all of us must using cryptocurrency like bitcoin to do payments?
We still dont know the future. If the value of bitcoin very stable, there is a possibility for bitcoin to become a currency globally.
copper member
Activity: 126
Merit: 0
July 29, 2018, 04:39:24 PM
WHY NOT?Bitcoin is popular worldwide so,many people are actually a part of BITCOIN and other blockchain or crypto currencies are also getting profits from the BITCOIN. Moreover the bitcoin is a digital currency and now every country is becoming digital in addition it is very easy to make transactions with the BITCOIN as well as investors are also increased day by day.I know that every country has their own fiat currency which they use for the regulation of money at the same time BITCOIN is a currency which is not regulate by a single country or government of a country but it actually rule the whole world by its popularity and lucrative offers.
full member
Activity: 854
Merit: 104
July 29, 2018, 04:03:35 PM
In order for bitcoin to become a global crypto currency as a means of payment, it is first necessary that it becomes the best means of payment among all the crypto currency. For the time being, we see that young promising coins have better characteristics than bitcoin itself.
In addition, while it is used primarily not as money, but as a means of accumulating value. And in the near future I do not think that anything will change in this plan. Proceeding from this, I do not think that bitcoin will be the global currency of the future.
hero member
Activity: 749
Merit: 502
July 29, 2018, 03:20:55 PM
Once I went to the center of Saint-Petersburg, Russia for a drink. And you know what I heard? One guy asked me if I want to buy some cocaine for btc  Grin Well of course I refused, but that was surprising and I think it shows that bitcoin IS the global currency now  Roll Eyes
Even Jeffrey Vernik says people should invest in bitcoin now 'cause it brings some profit in 5 years. I'm not sure it is a perfect time to buy but it's definitely not the time to sell. Anyway btc can be used as a non-national global currency NOW. Welcome to 2k18.
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