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Topic: Bitcoin cannot be a global currency - page 37. (Read 5099 times)

jr. member
Activity: 125
Merit: 1
July 12, 2018, 03:23:42 AM
for the foreseeable future, the possibility of bitcoin could be a global currency for now I think bitcoin is not yet worth being a global money. Because bitcoin is still a development stage, but if I think bitcoin is now more deserving to be an asset to invest
jr. member
Activity: 126
Merit: 1
July 12, 2018, 03:06:14 AM
Bitcoin can be a global currency but it depends on the role it is playing as a global currency. Global does not mean it will scrap fiat and become the only currency to be used. Global can be that it is accepted and will exist and used alongside fiat. Global can be that it will be recognized as the internet money and will be accepted. global means many things but not necessarily that it will scrap fiat.
hero member
Activity: 980
Merit: 501
July 12, 2018, 12:27:36 AM
Your thread is very characteristic in the current bitcoin era, but as far as you're writing I just think bitcoin is a medium for digital financial transactions. thank you for everythink sathoshi you are my inspirations  Cheesy
member
Activity: 350
Merit: 10
July 11, 2018, 07:49:54 PM
Due to the current issues with cryptos and its relationship to some countries who do not have an open arms to embrace it could be the hindrance of making bitcoin the global currency. It may take some time or maybe a change of cryptos attributes can somehow make these countries change their perception towards cryptos.
newbie
Activity: 126
Merit: 0
July 11, 2018, 02:30:48 PM
All things considered bitcoin presently is a worldwide yet computerized money in light of the fact that as I would see it the premise of being a worldwide cash is if that coin is accessible in the greater part of nation like usd anyway they just contrast on their trademark which is bitcoin can be utilized for on the web while usd in physical. In spite of the fact that there are some nation doesn't acknowledge bitcoin still a portion of their townsmen are utilizing it yet in private. They can boycott the bitcoin yet they can't confine their kin to not to utilize it.
newbie
Activity: 126
Merit: 0
July 11, 2018, 11:45:56 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 believe it can be a global currency but in digital currency and its on top of the country's traditional currency because digital currency can't stand alone and it can be use only as an alternate money.
member
Activity: 210
Merit: 17
July 11, 2018, 05:28:26 AM
I really like the decentralization mechanism of Bitcoin. I also think that the emergence of Bitcoin is a revolution, but now many people use Bitcoin as a commodity to buy and sell, which will make Bitcoin change its original meaning!
newbie
Activity: 12
Merit: 0
July 11, 2018, 04:00:26 AM
Bitcoin will be a global currency in the nearest future
full member
Activity: 339
Merit: 102
July 11, 2018, 01:12:34 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.
Bitcoin will be the global currency in the future. The world is turning towards digital currency and all other currencies will disappear from the market, but for that time we will have to wait for long time. I want to use bitcoin all over the world. Still many people do not know about bitcoin and Altcoin that’s why I say that it will take long time but bitcoin globalization is doubtless.
full member
Activity: 1008
Merit: 101
July 10, 2018, 07:24:15 PM
It would not be global currency because most of the countries are not accepting crypto. Due to lack of acknowledgement about bitcoin.
I don't agree with you because bitcoin is always the most valuable currency today, it never loses value but because bad news has affect to bitcoin's real value.
Bitcoin is not only the value bale but bitcoin is the most amazing currency now a day, bitcoin is gaining more and more value because people are taking interest in making bitcoin investment price of bitcoin is getting high day by day so it is not good to lose the chance of having benefit, for me bitcoin is already is the legal currency because it has power to become globally high I think after a few years bitcoin will become more than a global currency,
newbie
Activity: 14
Merit: 0
July 10, 2018, 01:35:40 PM
Bitcoin is too big all ready to put it as a simple currency it's just a matter of time until next progress even more.
full member
Activity: 1004
Merit: 111
July 10, 2018, 12:56:11 PM
i can say that BITCOIN now is a GLOBAL "DIGITAL" CURRENCY.
the whole world is participating now in blockchain.
there are so many countries (i think all) have people who owns bitcoin and having it daily.
newbie
Activity: 120
Merit: 0
July 10, 2018, 10:35:37 AM
Yes, I believe bitcoin will eventually become global currency that breaks borders and not limitable. With time, you will be to earn bitcoin and exchange it conviniently anywhere in the world to the local currency. This makes the world a truly digital village.
newbie
Activity: 203
Merit: 0
July 10, 2018, 10:30:55 AM
It is not proclaimed to be one global currency but between traders and user all over the world then this "one global currency" is already in the air but only between crypto enthusiast...
full member
Activity: 279
Merit: 100
July 10, 2018, 09:34:57 AM
It would not be global currency because most of the countries are not accepting crypto. Due to lack of acknowledgement about bitcoin.
I don't agree with you because bitcoin is always the most valuable currency today, it never loses value but because bad news has affect to bitcoin's real value.
newbie
Activity: 14
Merit: 0
July 10, 2018, 07:40:29 AM
It would not be global currency because most of the countries are not accepting crypto. Due to lack of acknowledgement about bitcoin.
newbie
Activity: 57
Merit: 0
July 09, 2018, 11:01:29 PM
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
hero member
Activity: 1596
Merit: 502
July 09, 2018, 10:15:43 PM
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
member
Activity: 280
Merit: 10
July 09, 2018, 06:42:09 PM
it is not that easy to be a global currency because all aspects must be met if bitcoin want to be global currency, I think bitcoin is not yet deserved to be a global currency because many aspects that have not been fulfilled ..

which aspects you are talking about , it serves most of purpose of a currency .
we can store it , transfer it , utilize it as mode of payment , have a value (volatile though) . so it is already a currency , only thing is it is not legal in all countries . apart from it tell us why it can not be global currency ?
Same as you I really wonder why people keep on saying all this even if they have no proper logic behind it, as according to me bitcoin si gaining good attention of people worldwide, bitcoin is just like and good luck Cham in a lot of countries because bitcoin made then enlist of well developed countries because of its importance and highly benefits, now in the whole world almost everyone is satisfied with bitcoin so it will soon be the legal currency universally.
sr. member
Activity: 574
Merit: 256
July 09, 2018, 04:30:03 PM
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.
Yes it is true that bitcoin can be by all people in the worked and in some areas bitcoin has become legal.  Bitcoin has high potential and it can be use at the top of our traditional currency, a lot of countries has already accepted bitcoin in payment and transaction for different business,  so bitcoin will surely be the world currency it will take a little of time but it will happen for user.
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