Bitcoin is Becoming a Global Currency - page 100.

lionheart78

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Quote from: bitlancr on July 30, 2016, 05:13:55 PM

Quote from: fulgdenea on July 30, 2016, 02:43:06 PM

Bitcoin is the most strongest currency around the world, chart showing this how healthy it moving to the moon and how people love it than any other currencies, soon it will be the global currency when other people will recognize this and start using this into their daily life like other normal currency.

It's not the strongest, that is offcourse the dollar, but it has grown to a top 10 currency. Of this I am positive.
With more time we can even aim for a ranking in the top 5

I agree that bitcoin is not the strongest currency around the world. The proof of it is the lack of local store transacting with bitcoin as their payment processor. I think It will take another decade for a digital currency to be rank the 2nd strongest curreny in the world. Why? It's hard to beat fiat money especially dollars.

bitlancr

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Quote from: fulgdenea on July 30, 2016, 02:43:06 PM

Bitcoin is the most strongest currency around the world, chart showing this how healthy it moving to the moon and how people love it than any other currencies, soon it will be the global currency when other people will recognize this and start using this into their daily life like other normal currency.

It's not the strongest, that is offcourse the dollar, but it has grown to a top 10 currency. Of this I am positive.
With more time we can even aim for a ranking in the top 5

zodin

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yes there is no doubt about this and the reason is very simple as most of the people are joing bitcoin they are investing their investment in bitcoin, on other side awareness about bitcoin is also increasing day by day, people are taking interest in bitcoin and they are appreciating it. now we can see that bitcoin is trading all most in all countries of the world. there will be very few countries where all the people may have no knowledge about bitcoin .

fulgdenea

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Bitcoin is the most strongest currency around the world, chart showing this how healthy it moving to the moon and how people love it than any other currencies, soon it will be the global currency when other people will recognize this and start using this into their daily life like other normal currency.

KingdomHearts

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i think bitcoin will be powerful currency in the world, but its impossible that bitcoin is becoming a global currency and it is impossible that china ,US,Malaysia etc adopt bitcoin instead their own currency , bitcoin is just crypto currency which is recently just use for online purchasing .

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Quote from: mirakal on July 30, 2016, 03:32:21 AM

Quote from: avikz on July 30, 2016, 12:38:59 AM

bitcoin is a global currency. It is being used in most of the countries without the border limitation. What else can it be? But I don't think these happy days will last forever.

Most of the governments are not aware of it and hence they don't bother. But if they see that people are becoming rich using their computers, then they will start intervening. Probably then people will have to pay taxes to the government for earning and holding bitcoin.

I bet you are wrong buddy, the government are already aware of bitcoins and in fact in our country the central bank has issued a memorandum directing all exchange sites to comply with the KYC policy to avoid and to detect any activity of money laundering.

That is great. If the bitcoin cannot be used for money laundering, it will enhance its repution as a good currency.

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Quote from: avikz on July 30, 2016, 12:38:59 AM

bitcoin is a global currency. It is being used in most of the countries without the border limitation. What else can it be? But I don't think these happy days will last forever.

Most of the governments are not aware of it and hence they don't bother. But if they see that people are becoming rich using their computers, then they will start intervening. Probably then people will have to pay taxes to the government for earning and holding bitcoin.

I bet you are wrong buddy, the government are already aware of bitcoins and in fact in our country the central bank has issued a memorandum directing all exchange sites to comply with the KYC policy to avoid and to detect any activity of money laundering.

avikz

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bitcoin is a global currency. It is being used in most of the countries without the border limitation. What else can it be? But I don't think these happy days will last forever.

Most of the governments are not aware of it and hence they don't bother. But if they see that people are becoming rich using their computers, then they will start intervening. Probably then people will have to pay taxes to the government for earning and holding bitcoin.

pooya87

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Quote from: yhansky on July 29, 2016, 10:38:11 PM

I'm pretty sure that Bitcoin is the future but as for now people are still not use to/ don't know about bitcoin or virtual currency in general. For example most of my friends don't know any thing about BTC and don't care. Even if I'm willing to explain it to them they still refuse to use btc or some of them even are not interested in my explanations. Maybe the right way for bitcoin is to advertise itself in some way? maybe on some e-sports event or in some ad on tv?

advertising is good but it is not going to do anything good for bitcoin as long as there is few merchants who are accepting bitcoin. for example an argument that i always have with my friends when i say bitcoin is money, is that they ask where can is pend it? and i have nothing to say because there is no physical store in my country that accepts bitcoin.

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I'm pretty sure that Bitcoin is the future but as for now people are still not use to/ don't know about bitcoin or virtual currency in general. For example most of my friends don't know any thing about BTC and don't care. Even if I'm willing to explain it to them they still refuse to use btc or some of them even are not interested in my explanations. Maybe the right way for bitcoin is to advertise itself in some way? maybe on some e-sports event or in some ad on tv?

Vikingr

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Quote from: Gahs on July 29, 2016, 09:50:33 AM

Quote from: potatopower on July 28, 2016, 02:32:01 PM

In my opinion it not only can be a global currency, it is already a global currency because people all around the world are using it

i think its the only question when big companies and countries will be using bitcoins as their official currency and that will be awesome

When big companies and countries accept bitcoins as their official currency, a one world government is at hand and I do not think we are ready for that yet.

For the sake of bitcoin it will happen, as we all are working here on this forum as a single community without any difference of race, country, culture etc, so in the future with the spread of bitcoin the world will become a single global village.

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Quote from: Gahs on July 29, 2016, 09:50:33 AM

Quote from: potatopower on July 28, 2016, 02:32:01 PM

In my opinion it not only can be a global currency, it is already a global currency because people all around the world are using it

i think its the only question when big companies and countries will be using bitcoins as their official currency and that will be awesome

When big companies and countries accept bitcoins as their official currency, a one world government is at hand and I do not think we are ready for that yet.

This is one of the dream of bitcoin holder coz if this happen, the value of their dear bitcoin will skyrocket because of a sudden increase in demand. But I don't think that bitcoin will be accepted as main currency because of one reason, the amount that is held by some individual which can affect the very economy of each country. I believe that each country will have cryptocurrency but not bitcoin as their main.

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Quote from: potatopower on July 28, 2016, 02:32:01 PM

In my opinion it not only can be a global currency, it is already a global currency because people all around the world are using it

i think its the only question when big companies and countries will be using bitcoins as their official currency and that will be awesome

When big companies and countries accept bitcoins as their official currency, a one world government is at hand and I do not think we are ready for that yet.

Cresciuanto

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yes there is no doubt about this that bitcoin is going to be a Global Currency. As we can see the more and more people are entering in to the world of bitcoin. they are investing their capital in bitcoin. we can see almost every country representaters in the world of bitcoin. we can see the Chinies, Japanies, Indian, American, Russian, Arabian, Afghanian, Sodanian, Algerian Somlina Pakistania almost every country's people here. although so many countries have not yet consider it as a legal currency but still people are using bitcoin there having the same value every very, i have heard that some countries have started thinking about bitcoin to legalize it and regularize it . so it is right to say that bitcoin is going to become a global currency. hope that a time will come very soon when people from all over the world will use bitcoin instead of fialt currency in their local market and can easily be trading in all over the world with equal rate and value.

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Quote from: bitcoinisfurture on July 06, 2016, 10:06:48 AM

It wont be accepted as a global currency until some regulations are made. But digital currencies will be the future but not very soon as we expect. Bitcoin will force governments to take digital currency right away.

Not all government will take away or ban the digital currencies especially the cryptocurrency with special mention to bitcoins. Some government like China have already legalized the use of bitcoin and declare it as a civil right. In some way what you said is true since some countries have already ban bitcoins but this is not true to all. Maybe in the future most of the countries will take bitcoin as an official digital currency online.

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Quote from: KingdomHearts on July 20, 2016, 01:40:39 AM

yes bitcoin can be a global currency ,if the government adopt the receiving facility of bitcoin to everywhere then i hope that bitcoin can be a global currency and then bitcoin get more popularity .

in my opinion it not only can be a global currency, it is already a global currency because people all around the world are using it

i think its the only question when big companies and countries will be using bitcoins as their official currency and that will be awesome

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Quote from: Bitcoinbro on July 28, 2016, 01:26:24 PM

I already think that Bitcoin is a global currency because it does not matter where you live you can still make use of it if you have access to the internet.
If it wants to become a real global currency then it has to become allot more popular.

yes it is a fact. and we can see that more and more people are entering in the world of bitcoin. but i think if the governments give support to bitcoin and turn it legalize in their countries then there will no doubt about this. it will motivate people so much to invest their money in bitcoin and hope that it will become a global currency very soon.

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I already think that Bitcoin is a global currency because it does not matter where you live you can still make use of it if you have access to the internet.
If it wants to become a real global currency then it has to become allot more popular.

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Quote from: Finestream on July 21, 2016, 03:25:14 AM

Quote from: Bitcotalk on July 20, 2016, 07:06:05 PM

Quote from: nova-rider on July 20, 2016, 05:06:22 PM

Adoption is growing, good news

yeah adoption is growing and with that bitcoin is growing in value and in establishment, especially in this year when the rate of adoption was much higher people from all over the world came to invest in bitcoin in order to earn profit with halving.

The adoption has increased due to the recent good news of bitcoins, the new adopters are amazed with our journey as of this year, we have seen the price of bitcoins has doubled already for this year and that what makes the new players attracted to invest.

What are the news you refer to? How do you know the adoption has increased? I thought the price is stable now.

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Quote from: Bitcotalk on July 20, 2016, 07:06:05 PM

Quote from: nova-rider on July 20, 2016, 05:06:22 PM

Adoption is growing, good news

yeah adoption is growing and with that bitcoin is growing in value and in establishment, especially in this year when the rate of adoption was much higher people from all over the world came to invest in bitcoin in order to earn profit with halving.

The adoption has increased due to the recent good news of bitcoins, the new adopters are amazed with our journey as of this year, we have seen the price of bitcoins has doubled already for this year and that what makes the new players attracted to invest.

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