Topic: Bitcoin cannot be a global currency - page 36. (Read 5119 times)

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

Bitcoin can already be considered a global digital currency, as it is already used by citizens in all countries of the world. However, he will not be the official currency of any country, and he was not created for this. Bitcoin will only go along with the national money of different countries, but he will not replace them. Most likely, bitcoin will not be massively used at the state level. States will use their centralized crypto-currency for this.

I totally agree with you.
BTC is not money and gonna be too, but more Goldish even Diamondic stuff. So for liquidity and geenral trading BTC gonna be useless. All we accept that the showcase of blockchain was BTC. However its way is not suitable for our daily lives.

Let's talk about more how BTC will be out there as swapping tool -not money- or an ancient tech for blockchain. Sorry but ETH and others more competitive and effective for future.

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.

The main reason is its disadvantages which cannot be refused and we can't ignore it.

Criminals will use it for an anonymous transaction they will sell more drugs and weapons

Everything has its own pros & cons.

Yes it is difficult but not impossible, i think it will take a lot of time, but still it is possible and it is going to happen, because bitcoin is slowly but regularly increasing its popularity, i am hopeful that a time will come when bitcoin will be too much popular and about all the people of the world will be using bitcoin.

There is no doubt that the price of bitcoin will be high and then those who are saying to ban bitcoin will ask for it because bitcoin is the best currency to get better life in all country, now almost 90% OF countries are buying and investing in bitcoin to get the benefits, so I think it is 100% possible according to me that soon bitcoin will become legal currency all over the world, just wait and watch,

The main reason is its disadvantages which cannot be refused and we can't ignore it.

Criminals will use it for an anonymous transaction they will sell more drugs and weapons

Everything has its own pros & cons.

it is very difficult for bitcoin to become a global currency. because there are still many people who do not know bitcoin and there are still many countries that prohibit the existence of bitcoin. because they fear that the development of bitcoin can not be overcome. but you do not have to worry though some countries do not allow it but in some countries, many have received and legalized bitcoin. and I'm sure bitcoin will go on and on all over the world.

This can't become global because there are many countries in which bitcoin is banned even my own country banned the use of bitcoin. Most of the banks are not ready to accept it. Head government is not making policies against bitcoin just to take it down.

Because BTC's volatility is very strong, this seriously affects the function of BTC as a value scale!
And many countries in the world ban BTC!
Therefore, BTC has become a global currency, and there is only a theoretical possibility!

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.

Bitcoin cannot be a global currency. Government of each country will not allow that to happen, although many people already using bitcoin in some transactions like payment system. Still it is not possible for bitcoin to be global currency because there are some countries that doesn't accept bitcoin and in fact some of them even ban the use of it. Bitcoin is a decentralize cryptocurrency and no government can take control of it not like the physical money that we people has been using for so many years.

I believe in the future; bitcoin can completely replace the global currency. Because if the bitcoin price is stable and controlled by the government, then bitcoin will be recognized as a monetary asset.

No, many coins claim to have better technology than bitcoin, that is correct, but the amount of coins that have better technology than bitcoin are exactly zero, about the issue with the confirmation of transactions this is something we have known for a long time but the developers are already working in the solution, and finally even if governments created their own cryptocurrency I will never use it since it will be the same as using their fiat.