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Topic: Bitcoin Coin - page 3. (Read 816 times)

legendary
Activity: 2674
Merit: 1048
June 11, 2019, 12:04:58 AM
#24
There is no single currency on this world and it will never happen for sure. Government has a own currency and they won't change it or even attend to other countries' currencies. As for bitcoin and altcoin just an alternative currency which can be use by people if they doesn't has a fiat money and also I prefer for bitcoin to be use as like that. Other than that, with the current situation as everyone knows bitcoin still considered has a less feasible to be use as payment system because it's fee is really high. Comparing with fiat, we don't need to pay fee for per transactions we made.
full member
Activity: 826
Merit: 100
June 10, 2019, 11:05:15 PM
#23
I don't see this idea being accepted because a coin controlled by the whole seven great country would be really difficult to accept. One of the reason why bitcoin is what it is today is because it's not controlled by any factor nor governmental bodies which makes it a decentralized coin. I don't see any reason we should diversify to another coin rather let's make bitcoin adoption more popular.
Exactly.Instead of resorting into bitcoin coin,i think we should focus more on bitcoin adoption by the government.For me,bitcoin will not just fail easily knowing that every year its value increases long with its popularity too.More  and more people are already inclined with bitcoin and all other forms of cryptocurrency.
right, the government holds control of a country. so every policy, of course, must be obeyed by its citizens. therefore I think this is the most effective step. and of course the policy must be in favor of the development of bitcoin

hero member
Activity: 3052
Merit: 606
June 10, 2019, 04:40:57 PM
#22
I don't see this idea being accepted because a coin controlled by the whole seven great country would be really difficult to accept. One of the reason why bitcoin is what it is today is because it's not controlled by any factor nor governmental bodies which makes it a decentralized coin. I don't see any reason we should diversify to another coin rather let's make bitcoin adoption more popular.
Exactly.Instead of resorting into bitcoin coin,i think we should focus more on bitcoin adoption by the government.For me,bitcoin will not just fail easily knowing that every year its value increases long with its popularity too.More  and more people are already inclined with bitcoin and all other forms of cryptocurrency.
copper member
Activity: 546
Merit: 1
June 10, 2019, 02:03:12 PM
#21
I don't see this idea being accepted because a coin controlled by the whole seven great country would be really difficult to accept. One of the reason why bitcoin is what it is today is because it's not controlled by any factor nor governmental bodies which makes it a decentralized coin. I don't see any reason we should diversify to another coin rather let's make bitcoin adoption more popular.
sr. member
Activity: 1176
Merit: 301
June 10, 2019, 01:47:17 PM
#20
I don't really think that it would happen I mean the single currency to used worldwide.
The government would not agree to it every country have their own currency for a reason.
But I like your commemorative coin I also have a physical Bitcoin coin and I want to create a customize coin where my BTC address is on that coin.
copper member
Activity: 1050
Merit: 500
June 10, 2019, 01:40:26 PM
#19
If this so called "one for all and all for one"  is true we could have been one country already.  But no, every country have the aim of dominating the world in any aspect especially in finance system.  So I guess, it is delusional to think that a world will use one currency.  Even if majority agree, there will always be an opposing sector and won't follow the majority.  So in reality, the whole world using one currency is an impossible dream.
member
Activity: 980
Merit: 62
June 10, 2019, 01:31:26 PM
#18
Now that we have the notion and the initial start that Satoshi gave us, this technology can only go forward.
I don't think that Bitcoin is prone to fail. It will keeps evolving till it will become a perfect ecosystem that will make us add value in our real life.
full member
Activity: 756
Merit: 108
June 10, 2019, 11:43:29 AM
#17
Now the whole world strives to internetize. There are more and more jobs that are related to the Internet and online learning. Accordingly, the digital currency is much more convenient than the paper one. Bitcoin should definitely remain a digital currency.
full member
Activity: 952
Merit: 104
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June 10, 2019, 11:11:52 AM
#16



What if bitcoin as cryptocurrency didnt work? Do you think this kind of currency would be better?

A dream of having a single currency to be used worldwide is what bitcoin is made to. A currency that doesnt need to be converted into different local currencies with different values. If crypto fails, this idea can be better. If we can produce a coin that doesnt need to be converted and can be acceptable worldwide then its like crypto and fiat fusion. What is the odds?

- Who country will produce this?
Since we have worldwide organizations, it can be decided that way. Maybe China since they are just against crypto and maybe they want it more. They are the most capable of production anyway.

- On what value it will be based on?
I dont know much about this one but if im correct, it will be also based on worldwide economic aspects. Since it has only one value worldwide.

- Isnt it effective since the value of money is different on all the countries?
I guess so. Economically speaking, it will take years of research for this kind of project to succeed. There are a hundreds of things that should be considered. If all nations will be equal, then i dont think there's a problem in this.

What do you think?

It would be best for Bitcoin to remain digital which is accessible by everyone. I don't want it to be a single worldwide currency because it would only make conflict unto who will control it or benefit from it's circulations.
hero member
Activity: 1414
Merit: 516
June 10, 2019, 10:36:53 AM
#15
Will not happen, i think bitcoin will be used as is now, and mostly we will have USD and EUR which will be used on most countries, and we will not have single currency.
hero member
Activity: 1064
Merit: 505
June 10, 2019, 10:11:24 AM
#14
Its simply impossible as you said, what is the value coming from? How do you even start? Bitcoin is already accepted in many places and yet it still needs fiat pairs to work and I just dont see how will ever not need them
hero member
Activity: 1274
Merit: 519
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June 10, 2019, 10:02:56 AM
#13
We don't need any coin inspired by Bitcoin. What we need is massive adaption so countries would notice and recognize the importance of the decentralized blockchain technology. Bitcoin has been playing a vital role in our society so I don't think any coin could replace it anymore.
legendary
Activity: 3080
Merit: 1292
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June 10, 2019, 08:53:57 AM
#12
Bitcoin as an online currency is already enough, making a coin to circulate in the world can easily be imitated and we might see some fake coins in circulation since it's hard to verify it, and anyone can make it as we don't have a central bank to do that.

We cannot imitate the fiat system, we have our own unique way as crypto is decentralized and just an online currency.
With the blockchain, there is a trail in every transaction and its open to the public if anyone shared the address.
Physical coin, it's just impossible to track its movement and to verify the circulation in the market, that's the big difference.  
legendary
Activity: 3080
Merit: 1353
June 10, 2019, 08:51:48 AM
#11
Your question about who's going to produce is somewhat very confusing. Bitcoin is decentralised, meaning there is no authority whatsoever, so I doubt it will be successful. If in it's first year of existence and Bitcoin didn't survived, I think it will be replace by other crypto until we find someone that will take this cryptocurrency to the next level. Good thing that Bitcoin survived because it has became the torch bearer to say the least. And moving forward though, there's a lot of debate surrounding the whole single currency scenario, personally maybe in the next 50 years or so we will have a single denomination, but I don't think it will be Bitcoin though.
sr. member
Activity: 1274
Merit: 261
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June 10, 2019, 08:47:17 AM
#10
   The whole society is moving to digital monetary system and you seems have been stucked in the past by wishing to hold in a hand a physical coin of Bitcoin.
   And what is it "1 Bitcoin cent" at all?! Such thing doesn't exist, because of bitcoin consists from satoshies or mBTCs.
The coin from the picture is just someone's fraud.
sr. member
Activity: 1596
Merit: 335
June 10, 2019, 08:40:06 AM
#9
Bitcoin is already enough. No coin could reach its achievements so another international coin wouldn't work if it will only begin and develop this time.
Bitcoin has been through a lot and is continuously developing so I don't think we still need another currency.
sr. member
Activity: 2422
Merit: 357
June 10, 2019, 08:12:55 AM
#8
What's that fake coin with the bitcoin logo on the image?
I've seen people selling this shit for $$$. Grin
It has never been said by Satoshi that the ultimate goal of bitcoin is to become the one and only currency of the world.It's impossible to happen and even the bitcoin core users don't want it to happen.

Dont worry about the coin. Its just a commemorative coin i guess and sold as a souvineer, collections, toys or if you want to have that. That doesnt have any value and just a representation. Since if bitcoin does have a physical aspecta then people wouldnt be want it anymore because they will not become anonymous but one currency for the whole world ia better isnt it? No discrimination. All equal.
legendary
Activity: 2184
Merit: 1302
June 10, 2019, 07:26:54 AM
#7
Bitcoin coin? That's more like fiat and not digital just like the bitcoin and other cryptocurrencies are.
There also cannot be a single currency that would be used world wide, nations differ and all have their distinct currencies, I do not forsee a time when the world would all use one currency, it's impossible.

And bitcoin as a digital currency hasn't and wouldn't fail, so I do not see the need for the suggestion, one that is practically not even feasible
hero member
Activity: 3150
Merit: 937
June 10, 2019, 07:12:26 AM
#6
What's that fake coin with the bitcoin logo on the image?
I've seen people selling this shit for $$$. Grin
It has never been said by Satoshi that the ultimate goal of bitcoin is to become the one and only currency of the world.It's impossible to happen and even the bitcoin core users don't want it to happen.
legendary
Activity: 2436
Merit: 1104
June 10, 2019, 05:27:54 AM
#5
then it is just another currency but the difference is that it has BTC sign on it. besides the reason cryptocurrency became popular is because of the ways you can use it and the feature that comes with it
and it is controlled by any government.
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