Topic: Bitcoin cannot be a global currency - page 43. (Read 5119 times)
Bitcoin do have many advantages but it may still be diffucult to become a global currency because bitcoin dont have a strong connection in governments and banks or in short bitcoin isnt regulated due to the fact that it is a decentralized currency. Bitcoin is also limited which means not all people can posibly obtain a bitcoin , not unlike to fiats or local currencies that their supply is unlimited because they are been created by the banks and governments. Bitcoin can only be a national currency but not an international currency because some few countries wont unite because they restrct and ban bitcoin.
Majority of people concern on Bitcoin. But bitcoin only digital currency not global currency.
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
I guess it's already a global currency. Bitcoin has a global acceptability based on the three main features of the global currency. They are; unit of account, store of value, and medium of exchange. However the one thing that holds bitcoin from being a global currency is the volatility - value fluctuation. That is the biggest barrier for using digital money in everyday transactions. But if we will manage to level this problem, bitcoin can be a global currency.
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 think bitcoin is global cryptocurrency, because many countries use bitcoin, bitcoin is worldwide but many countries are also banned in bitcoin, because many governments do not like bitcoin. 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 would have to undergo total regulation to ever become a global currency.
It would have to not be a 'crypto' currency anymore.
It would have to not be a 'crypto' currency anymore.
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..
Bitcoin will be the only currency for internet payments replacing credit cards so in next five years we may see bitcoin is single largest currency on bitcoin
I don’t agree with you. I think that the world is turning towards crypto currency and in the future the whole world will use only crypto for their daily payments in their local markets. I know it will take long time but one we will see that all other currencies disappear from the market and only cryptocurrency is usable all over the world.
Bitcoin can be the global currency in the not too distant future.
Since it isn't restricted to use in particular countries, and can be used anywhere the seller accepts it.
It is the future of money. It is the new normal.
Since it isn't restricted to use in particular countries, and can be used anywhere the seller accepts it.
It is the future of money. It is the new normal.
Until whenever Bitcoin will never be a global currency. Bitcoin only remains a digital currency that lives on the internet and is used online. But although Bitcoin cannot be a global currency, Bitcoin can be an excellent investment asset.
It can be but this will only happen if every nation will be in good terms or if there will be only one government across the globe, as of now, existing financial system can't make a global currency because traditional businesses especially those small ones are still dependent of fiat.
bitcoin should be first currency in the world 
Yes bitcoin it can be a global currency for now a day's bitcoin is getting biger and biger every day in fact it is already known in the global market and more people have already know this even in politics and some country they have already accept bitcoin to exchange goods in there store maybe not now but in the near future Bitcoin it will be a global currency or more.
Bitcoin will be the only currency for internet payments replacing credit cards so in next five years we may see bitcoin is single largest currency on bitcoin
I don’t agree with you. I think that the world is turning towards crypto currency and in the future the whole world will use only crypto for their daily payments in their local markets. I know it will take long time but one we will see that all other currencies disappear from the market and only cryptocurrency is usable all over the world.
It is for bitcoin I agree.For me, bitcoin is like a cumulative asset of the gold type.But another cryptocurrency,it may very well be the world.There are many reasons why I will not write about those who are in the theme of those you know what I mean ))
for now maybe bitcoin will not be a global currency but in the next few years bitcoin becomes global currency because the benefits of bitcoin are greatly felt by everyone in this world ..
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 is decentralized money bro until it makes the bitcon as a legal money you will find the bitcoin price to reach more than that time you will see the bitcoin has been adopted by the many countries....
Bitcoin will be the only currency for internet payments replacing credit cards so in next five years we may see bitcoin is single largest currency on bitcoin
I don’t agree with you. I think that the world is turning towards crypto currency and in the future the whole world will use only crypto for their daily payments in their local markets. I know it will take long time but one we will see that all other currencies disappear from the market and only cryptocurrency is usable all over the world.
Yes i can say that it can't because there are so many persons in the world that aren't know bitcoin and if happens that bitcoin will be global currency many people will not understand what will they do and the not know the idea of it so the opportunity will just wasted.
Bitcoin will be the only currency for internet payments replacing credit cards so in next five years we may see bitcoin is single largest currency on bitcoin
Bitcoin can still be a global currency in the next years to come, though right now bitcoin has limited features and is only good for investment, i still believe for its promising future waiting.
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