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.
Yes bitcoin can replace the fiat from our world to become global currency, now we can see how fast bitcoin is being use for all kind of purchasing and all kind of shopping purposes, people have guts to invest in bitcoin even at the falling situation only because they know bitcoin has potential to be high and rise as much as we can get from it, so everywhere in the world bitcoin is being famous as monetary asset.
Topic: Bitcoin cannot be a global currency - page 41. (Read 5119 times)
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.
Yes bitcoin can replace the fiat from our world to become global currency, now we can see how fast bitcoin is being use for all kind of purchasing and all kind of shopping purposes, people have guts to invest in bitcoin even at the falling situation only because they know bitcoin has potential to be high and rise as much as we can get from it, so everywhere in the world bitcoin is being famous as monetary asset.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.
Yes bitcoin can replace the fiat from our world to become global currency, now we can see how fast bitcoin is being use for all kind of purchasing and all kind of shopping purposes, people have guts to invest in bitcoin even at the falling situation only because they know bitcoin has potential to be high and rise as much as we can get from it, so everywhere in the world bitcoin is being famous as monetary asset. I think Bitcoin was a global currency already because wherever place you are and as long as that place legalize Bitcoin you could use it. In fact, there are some countries are now seen the potential of this coin that's why they allow it to use in few transaction like in local stores. Though there are still some countries who are against it but it might change if it'll introduce well in their place.
But the fact is there are many countries that ban the use of bitcoin, for instance, if you come to my country bitcoin does not apply to be a means of payment. My country's government makes bitcoin as the illegal currency used for a payment. Global currency is maximized is all the use of bitcoin legalized, if you want to exchange money in local exchange in the country is not your place, I am sure with 100% you will not do it. A lot of things have to be met when creating a local exchange account, and I think this applies across the country.Its impossible to ban bitcoin
Decentralised blockchains can be regulated only by miners or users. There is no way for humans or governments to regulate bitcoin.
Governments can only accept bitcoin in their Law systems or ignore it.
Ban is a kind of ignorance
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.
"Has the bubble burst?" Yes. The rate was too high, but now it hits the bottom.
- This is bad? Of course, but this is inevitable.
Is it critical? No. In the conditions of fast phase change as in bitcoin, the situation is normalized much faster than in the days of dotcoms
It is very normal bitcoin has volatile nature and it use to happen mostly but it does not mean that we should be worry about it and thinking about panic selling price rises and gets down too, when people will start using bitcoin only instead of fiat then bitcoin will surely and officially be the global currency which is almost done as more countries are now suppose to legalize bitcoin, - This is bad? Of course, but this is inevitable.
Is it critical? No. In the conditions of fast phase change as in bitcoin, the situation is normalized much faster than in the days of dotcoms
The currency must be stable, and other commodities are valued on it. BTC's current volatility is too strong!
Another reason why Bitcoin cannot be used as a currency is that the liquidation is too slow and the fees are high!
It seems that BTC cannot be a global currency yet!
Another reason why Bitcoin cannot be used as a currency is that the liquidation is too slow and the fees are high!
It seems that BTC cannot be a global currency yet!
Bitcoin which is the largest cryptocurrency by market capitalization, can be recognized as a global currency but would exist side by side with fiat, there are many rules and regulations yet to be enforced in the cryptocurrency world which would shield people from scammers and this may take some time to happen since this is a relatively new financial area. No doubt cryptocurrency is the future of payments but it would dominate the internet payment sector faster than other areas.
"Has the bubble burst?" Yes. The rate was too high, but now it hits the bottom.
- This is bad? Of course, but this is inevitable.
Is it critical? No. In the conditions of fast phase change as in bitcoin, the situation is normalized much faster than in the days of dotcoms
Yes its price is going to high and if it will low so it is mean that you should invest but some people are very scared and they consider that bitcoun will end and that's why their money will lose but bitcoin is not harmful currency basically it is a beneficial currency and that's why it is mostly global currency and every country will get a lot of profit for their economy. - This is bad? Of course, but this is inevitable.
Is it critical? No. In the conditions of fast phase change as in bitcoin, the situation is normalized much faster than in the days of dotcoms
BTC need time to prove an asset.Please wait last year.
"Has the bubble burst?" Yes. The rate was too high, but now it hits the bottom.
- This is bad? Of course, but this is inevitable.
Is it critical? No. In the conditions of fast phase change as in bitcoin, the situation is normalized much faster than in the days of dotcoms
- This is bad? Of course, but this is inevitable.
Is it critical? No. In the conditions of fast phase change as in bitcoin, the situation is normalized much faster than in the days of dotcoms
Obviously Bitcoins will be the world most using currency very soon. Bitcoin is virtual coin.
World is now moving to virtual and every international marketplace going to be dependent on bitcoins .
so it is predicted that this virtual coins demand will be high.
Now Bitcoins using worldly for various types of business also using in various online marketplace. Clients and worker use bitcoins for paying and buying. There is some problem exist ,the price of coins increasing and decreasing randomly it itself a risk .
This problem may be solved very soon .
World is now moving to virtual and every international marketplace going to be dependent on bitcoins .
so it is predicted that this virtual coins demand will be high.
Now Bitcoins using worldly for various types of business also using in various online marketplace. Clients and worker use bitcoins for paying and buying. There is some problem exist ,the price of coins increasing and decreasing randomly it itself a risk .
This problem may be solved very soon .
At present it has not been accepted in many countries. Please wait in the future.
there are some hurdles in the way of bitcoin to become global currencies like everyone dont know how to keep them in wallet and use wallet., fear to lose..
If they are not having information about bitcoin then there are alto of sites about bitcoin guidance which can help them out, so it’s a lame excuse for this negative statement, I think as much posture and as much profit bitcoin is giving us now a day so bitcoin will become global currency soon and we will get more profit with it, so I think buy mow and hold it I am sure bitcoin one day will get globally currency, it only needs our continues support and hold our bitcoin.It is safe to say Bitcoin has a worldwide recognition already, the crisis currently rocking the Crypto world is only delaying the inevitable global acceptability of Bitcoin. Bitcoin would surely become worldwide currency
It will be a global currency but till date it is not because many people still do not know about cryptocurrency and it is hard to convince them for investing in cryptocurrency. They will take long time to know about cryptocurrency. Till that time I think it will not be a global currency but in the far future it will take over the market and the whole world will use only crypto as their regular currency.
My opinion is that the technology itself blockade will receive a very large application in our world, but bitcoin will not become a world currency. Countries and the state can not allow this.
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 agree bitcoin will not become a global currency today. With the passage of time people evolve and also the technology today bitcoin is a king but tomorrow is different we don't know what will happen in the future but if they keep improve Bitcoin may someday it will reign as global 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 has already got termed to be a global currency with its anywhere accessible feature. Along with the same there are countries which has given bitcoin the recognition similar to the traditional fiat. Following this can expect more countries to adopt bitcoin and progress in economy.
BTC can reduce transfer time, speed up transfer rates, reduce transfer fees, maintain price stability, and facilitate people's use!
Increase the number of BTC users and increase the number of merchants accepting BTC payments. Then Bitcoin is likely to become a global currency!
Increase the number of BTC users and increase the number of merchants accepting BTC payments. Then Bitcoin is likely to become a global currency!
How can you say that bitcoin cannot be a global currency? Not when so many countries are now embracing bitcoins now,I believe that with time bitcoin will soon be used as a global currency
Yes now more and more countries are now accepting bitcoin which is making the worth and importance of bitcoin even more than before, bitcoin is being famous all over the world, It has benefits and it will make us rich day by day, we should contribute to the bitcoin popularity because it has benefit for us, bitcoin is almost done to be global currency because in the whole world almost 90% of countries have accepted bitcoin.
This is not very good when bitcoin is perceived as a means of payment .He's a savings asset like gold for example.There are many other tokens that are suitable for calculation .Now around bitcoin HYIP so everything is so, but the HYIP will pass and the cards will be revealed ,then only value will be important .
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