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Topic: Bitcoin is Becoming a Global Currency - page 103. (Read 226367 times)

legendary
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Bitcoin is spreading throughout the globe and it would be more convenient to us who uses bitcoin in buying stuffs because many merchants would do accept btc as a payment and soon would became more popular which the time comes it would be known as one of the global currency.
hero member
Activity: 2954
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For the first time, when I look at the offers on LocalBitcoins.com, there are a half-dozen currencies ahead of the US dollar, offering a higher price for Bitcoin than US dollar users.

Euros, South African Rands, New Zealand Dollars, Hong Kong Dollars, Polish Zloty, Malaysian Ringgits.

It is no longer just the US, EU or even China driving adoption.  There is a market for Bitcoins in major countries all over the world.

I have seen many deals outside US but when you compare the price between usd and eur then you will find that the difference is very high. Bitcoins is going global in every country.
Bitcoin is really a global currency but it's different in USD because bitcoin is only used in small scale of every country that using it while USD is widely used all-over the world and every country using USD in big scale.

I have paid some phone bills for my relatives in another country with the bitcoin. So it is an internal currency.

Funny  this thread was created way back 2014, basically at this point Bitcoin have advance and accepted  globally.  @jmild1  post,   i agree that Bitcoin is a global currency the way people around the world use it but i think it wasn't really recognized as such.  The proof is that some other country labeled it illegal and some banned it.  @zaducis, i think you are saying an international currency.
Absolutely, and that is more or less 2 years and during that span of time we have already witness a great improvement in the bitcoin economy, online stores are increasing and gambling industry are booming.
legendary
Activity: 2884
Merit: 1258
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For the first time, when I look at the offers on LocalBitcoins.com, there are a half-dozen currencies ahead of the US dollar, offering a higher price for Bitcoin than US dollar users.

Euros, South African Rands, New Zealand Dollars, Hong Kong Dollars, Polish Zloty, Malaysian Ringgits.

It is no longer just the US, EU or even China driving adoption.  There is a market for Bitcoins in major countries all over the world.

I have seen many deals outside US but when you compare the price between usd and eur then you will find that the difference is very high. Bitcoins is going global in every country.
Bitcoin is really a global currency but it's different in USD because bitcoin is only used in small scale of every country that using it while USD is widely used all-over the world and every country using USD in big scale.

I have paid some phone bills for my relatives in another country with the bitcoin. So it is an internal currency.

Funny  this thread was created way back 2014, basically at this point Bitcoin have advance and accepted  globally.  @jmild1  post,   i agree that Bitcoin is a global currency the way people around the world use it but i think it wasn't really recognized as such.  The proof is that some other country labeled it illegal and some banned it.  @zaducis, i think you are saying an international currency.
sr. member
Activity: 441
Merit: 250
For the first time, when I look at the offers on LocalBitcoins.com, there are a half-dozen currencies ahead of the US dollar, offering a higher price for Bitcoin than US dollar users.

Euros, South African Rands, New Zealand Dollars, Hong Kong Dollars, Polish Zloty, Malaysian Ringgits.

It is no longer just the US, EU or even China driving adoption.  There is a market for Bitcoins in major countries all over the world.

I have seen many deals outside US but when you compare the price between usd and eur then you will find that the difference is very high. Bitcoins is going global in every country.
Bitcoin is really a global currency but it's different in USD because bitcoin is only used in small scale of every country that using it while USD is widely used all-over the world and every country using USD in big scale.

I have paid some phone bills for my relatives in another country with the bitcoin. So it is an internal currency.
full member
Activity: 210
Merit: 100
For the first time, when I look at the offers on LocalBitcoins.com, there are a half-dozen currencies ahead of the US dollar, offering a higher price for Bitcoin than US dollar users.

Euros, South African Rands, New Zealand Dollars, Hong Kong Dollars, Polish Zloty, Malaysian Ringgits.

It is no longer just the US, EU or even China driving adoption.  There is a market for Bitcoins in major countries all over the world.

I have seen many deals outside US but when you compare the price between usd and eur then you will find that the difference is very high. Bitcoins is going global in every country.
Bitcoin is really a global currency but it's different in USD because bitcoin is only used in small scale of every country that using it while USD is widely used all-over the world and every country using USD in big scale.
legendary
Activity: 840
Merit: 1000
For the first time, when I look at the offers on LocalBitcoins.com, there are a half-dozen currencies ahead of the US dollar, offering a higher price for Bitcoin than US dollar users.

Euros, South African Rands, New Zealand Dollars, Hong Kong Dollars, Polish Zloty, Malaysian Ringgits.

It is no longer just the US, EU or even China driving adoption.  There is a market for Bitcoins in major countries all over the world.

I have seen many deals outside US but when you compare the price between usd and eur then you will find that the difference is very high. Bitcoins is going global in every country.
legendary
Activity: 1092
Merit: 1000
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It's not becoming a Global Currency. It's the first step to it, the Global Currency will have a different name, a different way to obtain it, will have taxes and will work much easier than Bitcoin does. We will have Smart Wallets through which we can share our money to each other, and the biggest difference between these two is the anonymity. There will be NO anonymity, we will all be surveilled more than we are when using banks and ATMs and transactioning online. I don't think the governments like the idea of anonymity.
It is still a global currency even if it is anonymous, that is the nature of bitcoins and we cannot change that, we can use other platform to have KYC like the waves platforms to transact but still bitcoin is great.
legendary
Activity: 1134
Merit: 1598
It's not becoming a Global Currency. It's the first step to it, the Global Currency will have a different name, a different way to obtain it, will have taxes and will work much easier than Bitcoin does. We will have Smart Wallets through which we can share our money to each other, and the biggest difference between these two is the anonymity. There will be NO anonymity, we will all be surveilled more than we are when using banks and ATMs and transactioning online. I don't think the governments like the idea of anonymity.
legendary
Activity: 1092
Merit: 1000
https://trueflip.io/
the strength of Bitcoin as a global currency is the inherent weaknesses in the US dollar going forward. Global support and confidence in the dollar is fading while Bitcoin is continuing its rise.
You are absolutely right, we are now in the era where digital currency will prosper and with bitcoins gaining some kind of good trust from the people we will surely surpass the popularity of dollars in the future.
hero member
Activity: 994
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 the strength of Bitcoin as a global currency is the inherent weaknesses in the US dollar going forward. Global support and confidence in the dollar is fading while Bitcoin is continuing its rise.
hero member
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Things have evolved considerably in recent years, more adoption is coming.
Yes but more adoption does not mean becoming a global currency but it can mean more bitcoin users.
member
Activity: 84
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Things have evolved considerably in recent years, more adoption is coming.
hero member
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We can see more and more people using cryptocurrencies,especially bitcoin because it is the most popular among them
So i think it will become a global currency but maybe in 20-30 years ( if it wont die )
I can consider bitcoin as the second currency in each country or global digital currency and I agree if it wont die it can be an international currency.
hero member
Activity: 896
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With bitcoin outperforming other currencies, it's become very attractive for new investors to step in.
As long there is more profit to be made with bitcoin then another currency it can attract a lot of new money.
legendary
Activity: 3248
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I think that bitcoin can reach this goal only when USA or other big country will accept bitcoin as legal currency, at my opinion after this event other countries will do the same.

Just remember when something becomes legal then there should be someone behind that is controlling it. And I dont think many of us would want that. We are here for a free currency.
hero member
Activity: 700
Merit: 500
yes in the near future bitcoin is becoming a global currency,because bitcoin is not backed by gold either, but unlike traditional currency, there is a maximum limit of value to be “created out of thin air”. Once the supply cap of 21 million Bitcoin has been reached – at some point in 2140 – no more coins will be generated. According to most investors, Bitcoin is a superior investment vehicle, as scarcity usually leads to an increase in value.
As the halving just approach, the amount we get by solving a block is half-ed, so it shows that the Bitcoins are getting more limited, and as you say the when the thing is less in amount it has high value and worth..., so the Bitcoin are also getting a better price, I think after a certain year we would be lucky to have a coins on our wallet,  Its a good investment and BTC has high chances of being global currencies....
sr. member
Activity: 378
Merit: 251
I think that bitcoin can reach this goal only when USA or other big country will accept bitcoin as legal currency, at my opinion after this event other countries will do the same.
member
Activity: 98
Merit: 10
yes in the near future bitcoin is becoming a global currency,because bitcoin is not backed by gold either, but unlike traditional currency, there is a maximum limit of value to be “created out of thin air”. Once the supply cap of 21 million Bitcoin has been reached – at some point in 2140 – no more coins will be generated. According to most investors, Bitcoin is a superior investment vehicle, as scarcity usually leads to an increase in value.
full member
Activity: 210
Merit: 100
The bitcoin is becoming a global currency but I think this is good and that it will succeed in doing this with some time.
Its just that it has to stay growing and that it will be done without any doubts.
Not yet, because we're still in a phase where bitcoin is still being known known. We're still developing and I hope the progress will be quick so that our dream that bitcoin will be a global curreny will happen.
full member
Activity: 196
Merit: 100
the government will always be enemies for bitcoin  because from my point of view they will never be able to gain access to control the circulation of transactions that made with bitcoin therefore the Government tried to make a counter bitcoin under the control of the bank.
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Yeah.Central banks and regulators around the world are afraid cryptocurrency due to a lack of controls. First, they are concerned about uncontrolled emissions, or rather the inability to influence the emission center, because it is not - release cryptocurrency depends on the system (number of participants, the mathematical model), but not on economic conditions and interests of central banks.
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