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Topic: Bitcoin cannot be a global currency - page 3. (Read 5119 times)

jr. member
Activity: 98
Merit: 1
September 01, 2018, 08:18:44 AM
We can not completely deny that bitcoins can not be a global currency. For me, this is a global currency, because the currency of one country can not be used in the next country, except for a few currencies like the dollar, euro, etc. With bitcoins it is available in almost every country that already makes it a global currency.
newbie
Activity: 4
Merit: 0
September 01, 2018, 07:18:18 AM
The truth is Bitcoin can never become a global currency because it does not meet the basic requirement of even a suitable currency yet. For it to be a global currency, it first of all has to meet the needs of all individuals in the world. it must also be easily accessible and affordable and tradable for everyday transactions.
member
Activity: 364
Merit: 10
September 01, 2018, 07:14:16 AM
Bitcoin global currency has been accepted, except for some countries, bitcoin has become famous all over the world. Bitcoin's fame is now being discussed in every country.
newbie
Activity: 37
Merit: 0
September 01, 2018, 07:08:16 AM
Bitcoin has the potential and the features to claim that spot and be the global currency but the hurdles that it faces are humungous and very difficult to go through
member
Activity: 279
Merit: 12
September 01, 2018, 07:03:16 AM
I think 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. And now bitcoin is already popular in the world
newbie
Activity: 70
Merit: 0
September 01, 2018, 07:00:25 AM
 No one can say it with guarantee that bitcoin can not be a global currency and also can be a global currency but all will admit that it has possibility to be that.
member
Activity: 532
Merit: 15
August 29, 2018, 03:14:18 AM
I am afraid that BItcoin will take too long to replace local currencies, you see, people are already used to with Credit Cards, Banking etc. and as Bitcoin is not allowing that lifestyle right now and I see it is not possible unless governments and companies are deep in to bitcoin, so, the thing is, bitcoin will remain as an investment for real long time.
newbie
Activity: 7
Merit: 0
August 29, 2018, 03:12:53 AM
Yes u are right but in coming time bitcoin become make global currency.
member
Activity: 238
Merit: 15
August 29, 2018, 03:06:18 AM
I think you have a point buddy and this is because immediately btc becomes a global currency it has lost its ability being a digital crypto. This won't happen since it's not all people who are living in the digital world.
member
Activity: 279
Merit: 13
August 29, 2018, 02:55:02 AM
Yes I think you are right if bitcoin can not be a global currency because bitcoin is digital currency.
But bitcoin can really help everyone globally because bitcoin give use a lots of opportunity for use to get more money.
member
Activity: 420
Merit: 11
DISRUPTING THE $23.5 B SCIENCE PUBLISHING INDUSTRY
August 29, 2018, 01:59:36 AM
I think, if all countries can accept bitcoin then bitcoin can become a global currency so we can use bitcoin in all places, maybe if bitcoin continues to grow and the government also supports it so it can happen
newbie
Activity: 28
Merit: 0
August 29, 2018, 01:51:29 AM
Bitcoin can't be the global currency but it will be the future cryptocurrency of the world.
newbie
Activity: 2
Merit: 0
August 29, 2018, 01:44:52 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
newbie
Activity: 2
Merit: 0
August 29, 2018, 01:40:04 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.
In future BTC will be globally accepted, i would only take time
sr. member
Activity: 826
Merit: 256
August 29, 2018, 01:37:31 AM
If majority of the governments in the world legalized bitcoin as one their legal tender and businesses accepted it then there is a possibility that a virtual currency would become a global currency. But they to deal with the high volatility and rapid fluctuation on bitcoin and economy might hurt if it suffer a crash. Cryptocurrencies exist only in the internet and are useful in cashless transactions so in the future, a cashless society will finally emerge with bitcoin as their main currency.
member
Activity: 390
Merit: 11
August 29, 2018, 01:26:24 AM
it is different from the purpose of making blockchain itself by satoshi nakamoto namely comprehensive decentralization but now there have been many market price arrangements and games by a group of people who are only concerned with profit regardless of ethics and the original purpose of blockchain. if this continues to happen then we can see the future of crypto later
member
Activity: 311
Merit: 10
August 29, 2018, 01:22:27 AM
Yeah it cannot be a global currency but it will help everyone globally, for the convenience it brings us and the profitability of this currency might help to succeed a nation, maybe not now but I am hopeful that it will happen soon, it will take time for it to be able to know by the people from every nation but it will be there soon.
member
Activity: 518
Merit: 21
August 29, 2018, 01:17:22 AM
It can be global currency if the government of all countries allows using bitcoin.

Because some of the countries Bitcoin is still illegal like in Bangladesh they have an anti-money laundering law they threaten to imprison anyone dealing with cryptocurrencies

so yah you're that Bitcoin cannot be a global currency
Well I think the idea of saying that bitcoin could not be a global currency is wrong. I know that you can get your bitcoins anywhere in this world as long as you have the internet connection. Aside from that if you have bitcoin already then you can perform what others currency can do like investing in an ICO project and BTC is used as a medium of exchange. However, we should not mixed up centralized currency and decentralized digital currency which is bitcoin. Bitcoin is global but in decentralized form.
jr. member
Activity: 224
Merit: 1
August 29, 2018, 01:10:36 AM
Bitcoin can't be a worldwide money are not putting resources into Bitcoin and numerous government officials has a wrong creative ability that Bitcoin will obliterate the current budgetary framework including banks and pertinent organizations.bitcoin is the world's initially decentralized virtual type of cash. Bitcoin can be anything besides a main world cash
newbie
Activity: 90
Merit: 0
August 29, 2018, 01:05:58 AM
I think Bitcoin can not be a worldwide currency but it is not less than that. You see the history of Bitcoin, how was Bitcoin, and how it is now. There have been many changes in Bitcoin in the world. Nobody thought that Bitcoin would grow so much. But the people did not think so. So I say, or believe me Bitcoin can be a worldwide currency.
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