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Topic: Bitcoin cannot be a global currency - page 44. (Read 5099 times)

full member
Activity: 476
Merit: 100
June 07, 2018, 07:36:52 PM

This was a strange yet insightfull comment

Linking today's technology with philosophy is like asking an atheist to believe in the existence of God just because the convincing party is theist. Bitcoin came into picture not exactly to make up for the deficiency in the current monetary system, but in order to make it highly secure and easily accessible although being based online. Who knows, we may even come up with better tech in the near future, marking a new era of easy payments but for now, lets just crown blockchain as the flagship here.

Bitcoin is slowly becoming a global currency and i think it needs some more time to settle and grow.  I believe fully in its future
Bitcoin is already a global currency and it will rise very high for this, we are now using bitcoin more than fiat which is a clear sign that we are going to see bitcoin more valuable than fiat, now it is available for payment service at almost every shop and market place. It is easy to keep holding and safer to have no one can robe no one can steal so that’s why bitcoin is highly accepting by almost every country.
newbie
Activity: 4
Merit: 0
June 07, 2018, 01:48:13 PM
I couldn't agree more, we hope for the best, its people who believe in bitcoin that will make its adoption possible
member
Activity: 294
Merit: 10
June 07, 2018, 12:52:52 PM
Bitcoin does not deserve to be global money. Because bitcoin is still the stage of development, but if I think bitcoin is now more deserved to be an asset to invest instead. But for the future to come the possibility of bitcoin could become a global currency.
newbie
Activity: 137
Merit: 0
June 07, 2018, 12:47:14 PM
It already is and it will be the most popular unofficial currency in the world. No way states like China, Russia, Iran, etc. can adopt cryptos as a mean of payment on a governmental level. They now ban Facebook, IG, Telegram, not talking about cryptos
newbie
Activity: 33
Merit: 0
June 07, 2018, 11:46:09 AM
its going to be recognised and acceptable almost all over da world. Few countries already pay bills with btc.
member
Activity: 155
Merit: 13
Arabic Translation. Pm me
June 07, 2018, 07:21:08 AM

This was a strange yet insightfull comment

Linking today's technology with philosophy is like asking an atheist to believe in the existence of God just because the convincing party is theist. Bitcoin came into picture not exactly to make up for the deficiency in the current monetary system, but in order to make it highly secure and easily accessible although being based online. Who knows, we may even come up with better tech in the near future, marking a new era of easy payments but for now, lets just crown blockchain as the flagship here.

Bitcoin is slowly becoming a global currency and i think it needs some more time to settle and grow.  I believe fully in its future
legendary
Activity: 3234
Merit: 1214
casinosblockchain.io
June 07, 2018, 06:55:20 AM
We cannot completely deny that bitcoin can't be a global currency. To me its a global currency, because one country's currency can't be used in the next country except few currencies similar to dollar, euro, etc. With bitcoin it is accessible almost in every country which already makes it a global currency. When every country have their own digital currency bitcoin will serve as the common platform for global needs.
hero member
Activity: 1078
Merit: 501
June 07, 2018, 04:21:38 AM
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 is going to take over the market and we will see bitcoin will be the only currency in the world which will be acceptable and people will use for shopping online as much as I know bitcoin is regulated in almost 100 countries and it will getting high day by day, I think bitcoin will be legal currency soon in my place people are using bitcoin to buy good and to invest now more than fate, so bitcoin is surly going to become global currency for sure.
hero member
Activity: 756
Merit: 500
June 07, 2018, 02:12:30 AM
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.
newbie
Activity: 126
Merit: 0
June 06, 2018, 05:47:00 AM
BTC can not replace fiat. With it's growing popularity it would be a juggernaut in the future.
member
Activity: 155
Merit: 13
Arabic Translation. Pm me
June 06, 2018, 05:30:26 AM
I think you are right,

It cannot be a global currency as alot of currencies are banning it, however that does not and will not stop its popularity and price
sr. member
Activity: 1638
Merit: 278
June 06, 2018, 02:57:08 AM
It could be nearly impossible for bitcoin to become the global currency, but the possibilities to become the most used and most reliable method of payment around the globe is not impossible, because it has been gradually known worldwide and more and more people are already use it as a method of payment.
I do not think bitcoin will be a global currency because to become a global currency there are many conditions that must be bypassed.
so for now better we'll see what will happen in the future ...
For me there are a lot of chances for bitcoin to become global currency now; no one can even I imagine that how much market value does bitcoin have now, people are investing on daily basis and they are hardly trying to get bitcoin at this suitable price, so government is taking interest on bitcoin  now as it is making our economy better day by day, I think bitcoin is going to have bright shining future for us, I am sure bitcoin will be global currency now almost every well developed country supposed to make bitcoin legal currency for them.
When it comes to that of the potential of the bitcoin, then there is no such reason not to support this argument that bitcoin has a strong potential of becoming the global currency since day one and that a time will come when the ones who don’t believe the potential and the capabilities of the bitcoin will see such thing happening. This is a time taking process and that we need to be positive by that time.
member
Activity: 200
Merit: 10
June 05, 2018, 01:50:18 AM
I think chances are quite low for bitcoin to become a global currency for obvious reasons (high volatility, small amount of transactions that can be processed per second,...) bitcoin will remain a better alternative than old fashion ways for storing values , such as gold or banks.
I am very much hopeful that something like that will happen in the future and that the day any such thing will happen will change the dynamics of this world in a complete way. There is no such harm in becoming of the global currency as things are getting better. There are certain difficulties but things will be sorted out in the near. We just need to wait for the right time before things get better.
hero member
Activity: 840
Merit: 516
June 05, 2018, 01:08:32 AM
It could be nearly impossible for bitcoin to become the global currency, but the possibilities to become the most used and most reliable method of payment around the globe is not impossible, because it has been gradually known worldwide and more and more people are already use it as a method of payment.
I do not think bitcoin will be a global currency because to become a global currency there are many conditions that must be bypassed.
so for now better we'll see what will happen in the future ...
We never know what future will bring for all of us as this is quite a mysterious thing and that we need to wait for this thing to happen. Bitcoin can be a global currency and that there is no such thing which can stop the bitcoin from becoming the global currency. It is just that we need to wait for little longer until thing goes in favor of the crypto currencies and that the awareness of the crypto currencies is increased.
member
Activity: 322
Merit: 10
June 04, 2018, 09:11:22 AM
It could be nearly impossible for bitcoin to become the global currency, but the possibilities to become the most used and most reliable method of payment around the globe is not impossible, because it has been gradually known worldwide and more and more people are already use it as a method of payment.
I do not think bitcoin will be a global currency because to become a global currency there are many conditions that must be bypassed.
so for now better we'll see what will happen in the future ...
For me there are a lot of chances for bitcoin to become global currency now; no one can even I imagine that how much market value does bitcoin have now, people are investing on daily basis and they are hardly trying to get bitcoin at this suitable price, so government is taking interest on bitcoin  now as it is making our economy better day by day, I think bitcoin is going to have bright shining future for us, I am sure bitcoin will be global currency now almost every well developed country supposed to make bitcoin legal currency for them.
full member
Activity: 1008
Merit: 101
June 04, 2018, 06:31:28 AM
I think chances are quite low for bitcoin to become a global currency for obvious reasons (high volatility, small amount of transactions that can be processed per second,...) bitcoin will remain a better alternative than old fashion ways for storing values , such as gold or banks.
I think now bitcoin has gained the potential to become global currency, it is very easy source of payment and transactions are being down now within seconds, it is very easy to pay for everything using bitcoin, bitcoin is already the world currency which is famous all over the world, as according to my experience this year will be good time for bitcoin as it has gained all improvements that we were in need of long ago.
legendary
Activity: 1526
Merit: 1001
June 03, 2018, 10:42:16 AM
Bitcoin can be a global currency, it is the people who will use bitcoin and as long as people are paying bitcoin to those who wants to accept this coin there will be no problem.
government and banks are being a big wall for this as they can't regulate the flow of the BTC.
but the coin can be!
There should be a regulation that provides a good path for bitcoin. The government and the banks are indeed big walls because until now that both are a way to get bitcoin into a legal payment. Without the support of the government then bitcoin will not be able to develop properly. This is a necessity and when it can work well then we can see bitcoin to be a recognized and appreciated global currency. Start from the very simple thing, keep using bitcoin and do not forget to give more information to people. Bitcoin will grow as more people use it.
newbie
Activity: 65
Merit: 0
June 03, 2018, 10:12:30 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.

Yeah, it really cannot be. Getting that topmost position would be very tough for bitcoin to achieve lots of factors needed to satisfy before reaching that certain level of popularity. Once bitcoin got that position probably the price would stick to a certain and it would be more higher than before, it could possibly break its own phenomenal record wayback last december 2017. Well, my hopes for bitcoin is in there but I ain't sure if bitcoin could achieve as I see bitcoin cannot.
newbie
Activity: 210
Merit: 0
June 03, 2018, 10:02:54 AM
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...
full member
Activity: 1190
Merit: 111
June 03, 2018, 05:38:11 AM
Bitcoin can be a global currency, it is the people who will use bitcoin and as long as people are paying bitcoin to those who wants to accept this coin there will be no problem.
government and banks are being a big wall for this as they can't regulate the flow of the BTC.
but the coin can be!
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