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Topic: Bitcoin cannot be a global currency - page 33. (Read 5119 times)

full member
Activity: 504
Merit: 100
July 25, 2018, 01:09:05 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.

Technically, bitcoin supply is very limited thus making it very hard to circulate around the world. Pumping the price may solve this issue but even so, the supply will simply not match the price it has per token. Therefore, it is impossible for bitcoins to be a global currency.
newbie
Activity: 11
Merit: 0
July 25, 2018, 12:59:48 AM
Well, the future is advancing it ain't bad if it were to become globaly. Enhancing conviniency.
member
Activity: 252
Merit: 71
July 25, 2018, 12:49:56 AM
Bitcoin is a world currency from the position used by people on almost every continent in the world. But because the reason you explained it will never be a major currency or official currency in some countries. But from my point of view it is not a goal and should not be the goal of bitcoin. Also the fact that through the available bitcoin internet connection around the world makes it global and gives all Bitcoin the opportunity to increase its security, availability, exchange processes also need to be developed and more.

There is no way that we can deny the worth and the capabilities of the bitcoin and that there is no such reason that we can support this argument that bitcoin cannot become a global currency. I am very much positive that bitcoin will one day become the global currency and that it will then lead the world in a better way and that it will give us an opportunity of having a better living.
full member
Activity: 658
Merit: 101
July 25, 2018, 12:46:44 AM
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.
well bitcoin already become global currency but not every one accept it yet there is a value and you can use it to purchase something in every where( as long as they accept bitcoin payment). I do see people sell apartment and accepting bitcoin and also there is someone buying bmw and lambo using bitcoin. Maybe in the future bitcoin will fully recognized as currency.
newbie
Activity: 29
Merit: 0
July 25, 2018, 12:37:53 AM
Bitcoin is a world currency from the position used by people on almost every continent in the world. But because the reason you explained it will never be a major currency or official currency in some countries. But from my point of view it is not a goal and should not be the goal of bitcoin. Also the fact that through the available bitcoin internet connection around the world makes it global and gives all Bitcoin the opportunity to increase its security, availability, exchange processes also need to be developed and more.
member
Activity: 378
Merit: 11
July 25, 2018, 12:19:32 AM
for now bitcoin is not yet legally operational in every country. Who knows maybe someday it will be a currency in the future. BItcoin is so popular now and the hype from the people makes the bitcoin world go crazy.
full member
Activity: 448
Merit: 100
July 24, 2018, 10:32:38 PM
For me it is not imposible that bitcoin can be a global curreny if you can see how bitcoin popularity now a days. May be for now not all country are accepting or using bitcoin but we don't know in the future because everything change
member
Activity: 448
Merit: 10
July 24, 2018, 10:25:44 PM
although it cannot be a global currency, but many enthusiast that wants it to have. Simply because its a reason now how to earn in such a way that trading bitcoins occur and bitcoin is a flexible in its way such that it affects its value all the time. sometimes its price goes high sometimes lowers however people are using it for selling and buying to gain profit in trading through online although it is not a currency yet.
newbie
Activity: 266
Merit: 0
July 24, 2018, 10:20:52 PM
It can become a global currency and I think it will the only thing it is need is more time until the world realize, understand and adapt for cryptocurrencies or digital currencies which is happening today already in a considerable speed because we see many things you can do with bitcoin rather than just trading so by the time goes there is a high possibility the world we use bitcoin as a global currency at least for some extend   
jr. member
Activity: 70
Merit: 1
July 24, 2018, 10:13:26 PM
 


   Bitcoin cannot be a global currency because not all the nations or country operate in the same level. you dont expect a bigger nation in all aspect ie power, economy, population etc to be using the same currency with a smaller nation that is no match for them. I dont think that would be possible. it would be better it is a  world or global digital currency. that way i think it would be possible
newbie
Activity: 700
Merit: 0
July 24, 2018, 10:13:16 PM
Bitcoin can't global currency because some country banned this currency. Most country legal for bitcoin.Day by day Many people earning bitcoin & this life change for bitcoin earning.It's currency use from poor people for rich people.This currency good use from many people then those people success in this life. I think so bitcoin use from my changed life.So I there for It's not global currency.
hero member
Activity: 1190
Merit: 534
July 24, 2018, 09:39:01 PM
Bitcoin is a global currency even today but it is not a dominating currency. I agree with your opinion that it will never be a dominating currency at least in the near future. Ignoring all the philosophy, if we are looking at facts, we will realise that the rate of literacy is not satisfactory especially when it comes to the technological knowledge and since cryptocurrencies need the users having some basic knowledge about technology, it is near to impossible in next 50 years for cryptocurrencies to dominate the global volume of money.
sr. member
Activity: 1148
Merit: 300
July 24, 2018, 09:38:06 PM
I think it can't become global, because there are some countrys banned bitcoin because they don't like it. I believe that it is hard for bitcoin to become global currency because every country has its different sight on it  and some didn't accept it as a currency. Maybe in the near future it will become more amazing and many more country accept it .
newbie
Activity: 15
Merit: 0
July 24, 2018, 09:25:49 PM
Technology believers believe that bitcoin is the mission of decentralization, the future of the world currency.

....

In the world of BTC, new centralization has begun...

This is a very interesting point. I mean, it never occurred to me. And you are probably right in this respect.
However, this doesn't mean Bitcoin cannot be a global currency because, in fact, it already is in some way. It is still evolving so we'd better wait and see what it's going to be in the end.
newbie
Activity: 73
Merit: 0
July 24, 2018, 09:22:50 PM
Yes Bitcoin is a global currency. Bitcoin is not valid in all countries. But seeing the popularity of Bitcoin,it will be the world currency for a time. Overall I think Bitcoin need to upgrade it's security, it availability, it exchanging process also need to be developed and many more.
If Bitcoin can't be a global currency then no other currency can be global.
newbie
Activity: 28
Merit: 0
July 24, 2018, 09:12:48 PM
Obviously, Bitcoin can be a world money. Notwithstanding, Bitcoin isn't substantial in all nations. In any case, seeing the prominence of Bitcoin,it will be the world money for a time.Only the bitcoin has been known in every one of the nations, which couldn't make some other coins.Everywhere they are Bitcoin,world Currency Will be.
copper member
Activity: 224
Merit: 3
July 24, 2018, 09:10:03 PM
In the real sense of it no one can completely say it will or it will not. But only time will tell, though we seem to be more disposed to that as a community.
newbie
Activity: 84
Merit: 0
July 24, 2018, 08:53:23 PM
the problem of bitcoin money which becomes a global currency in my opinion could happen in the future, because there is nothing impossible in this world, what is more, the future of advanced technology is growing, it is impossible if digital money is not needed by everyone in the world .
full member
Activity: 409
Merit: 100
July 24, 2018, 08:45:46 PM
Well i think it is only now, but soon they will become a global currency because this will become interested for those country who are not yet accept bitcoin when they see the good effect of it to the country where the bitcoin is legally adapted. Bitcoin has a big effect on every individuals life whether they buy bitcoin or earn from it.
full member
Activity: 532
Merit: 100
July 24, 2018, 08:42:53 PM
It is difficult to know in advance what will happen in the future. There are already many companies that have accepted Bitcoin in their payments. In my opinion, Bitcoin is likely to become a payment instrument in the future. It may not be the main currency, but it will be used in parallel with the current paper money.
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