Topic: Bitcoin cannot be a global currency - page 50. (Read 5119 times)
I agree with you. because of it's volatile nature BTC can't be a means of Payment. However , BTC can be a store of value. There are other crypto that can serve as means of payment e.g. Litecoin(LTC)
It is not a point to say Bitcoin can not be a global currency,it is the world expensive currency and it is regarded as virtual gold.it is true it can't be use in day today life but investment purpose it is quite good.but as many payment project have been launched to make crypto spendable so it efficiently use the demerit of btc i.e slow transaction and make it fast,that way btc will be used globally.
It will never be the main global currency as all the countries must accept it.
btc maybe can't global currency in the real life but it is the currency on the internet,now internet is very importance,we need new the way on the inrternet,with blockchain have many app for internet,it is the future of the world
For me I think its possible because this is not the main currency and it can be used as an alternate currency when doing transactions worldwide.
I believe that a time may come when bitcoin (or some other alt coin) will become a global currency. Popularity of fiat will slowly disappear. Who knows poverty might disappear too.
No one would have ever thought of this thing that bitcoin will have this much of the market value and that bitcoin will have this much of the fame and popularity as it has now. So, we can expect anything to happen in this world especially when it comes to that of the bitcoin. There are likely chances of this thing to happen and that if this thing ever happens, then this will surely help the people in much better way.And here I am 100% sure that in the coming years of 10 year bitcoin will be a option for everyone to accept as a payment from one country to another country legally without any restriction ( even today we have no restrictions but still few regulations and rules are not in favour to Ake transaction from one country to another country without taxation ) .
Yes, but now the bitcoin is the global cryptocurrency, that pulls the whole market behind it.
Look at the indicators of bitcoin trading: where bitcoin, there and the rest of the cryptocurrency.
I believe that a time may come when bitcoin (or some other alt coin) will become a global currency. Popularity of fiat will slowly disappear. Who knows poverty might disappear too.
No one would have ever thought of this thing that bitcoin will have this much of the market value and that bitcoin will have this much of the fame and popularity as it has now. So, we can expect anything to happen in this world especially when it comes to that of the bitcoin. There are likely chances of this thing to happen and that if this thing ever happens, then this will surely help the people in much better way.And here I am 100% sure that in the coming years of 10 year bitcoin will be a option for everyone to accept as a payment from one country to another country legally without any restriction ( even today we have no restrictions but still few regulations and rules are not in favour to Ake transaction from one country to another country without taxation ) .
btc maybe can't global currency in the real life but it is the currency on the internet,now internet is very importance,we need new the way on the inrternet,with blockchain have many app for internet,it is the future of the world
For bitcoins to become global it will take time and also that all the countries uses it.
Isn't it already a global currency? All blockchain people accepts Bitcoin and that is enough for now i think. I know we need more government to accept cryptocurrencies but we should wait and see what tommorrow brings.
There are many countries who doesn’t accept bitcoin and therefore it can’t be global.
But the fact is we don't need anyone's approval other than the receiver who is trading with us.Currently bitcoin can be used anywhere in the world the only requirement is the internet connectivity,the only problem with the banned countries is that we can't convert our crypto into fiat. 
Yes it cannot be. There are some reasons to say it cannot be. Some people might say that yes it can be a global currency but they are not considering those countries who've banned the bitcoin without knowing that it can change their countries and make it more economic. One of the main reason is that not all people in the world know bitcoin as of today only some countries know about bitcoin.
It can surely be the world currency but it is not yet valid in most of the countries.
Bitcoin can be used of all people in the world as long as they have or we have an online transaction using bitcoin, but using ONLY bitcoin and no other currencies or physical money can be difficult for all of us, it will be a big adjustment from all of us. Bitcoin just can be used online transaction and bitcoin has no exact and stable price. Bitcoin as of now is already good as it is, maybe it is better to just stay the same.
Yes it can be use as global currency on top of our traditional money. Some countries already accept in payment of transactions of some businesses.
Bitcoin can be used of all people in the world as long as they have or we have an online transaction using bitcoin, but using ONLY bitcoin and no other currencies or physical money can be difficult for all of us, it will be a big adjustment from all of us. Bitcoin just can be used online transaction and bitcoin has no exact and stable price. Bitcoin as of now is already good as it is, maybe it is better to just stay the same.
Bitcoin is a decentralised money and if its made legal then it will become global.
It still will. Those who banned crypto in their country will catch up once they realize that bitcoin is dominating the financing institutions in many parts of the world. It's just like any other tech that should be used by many people first until other follow next.
In fact bitcoin is already a global currency because the bitcoin users are present throughout the world. we see bitcoin users throughout the world. It is a fact that even those countries who have consider bitcoin as illegal they will also turn bitcoin as legal currency because bitcoin is the need of the day and all the people will very soon start using bitcoin.
The present is so, but in the future it will be developed to become a common currency. I believe that blockchain technology will do this.
There are many countries who doesn’t accept bitcoin and therefore it can’t be global.
I can't believe that bitcoin never be global currency. Obviously bitcoin will be global currency in future. Because people now using Bitcoin at large amount.
Whether or not bitcoin can be a global currency is still no common ground in that direction. As a commodity, bitcoin has not been used as a legitimate currency, just like rupiah, although there are some vendors that accept transactions using bitcoin, both domestically and abroad.
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