Bitcoin is Becoming a Global Currency - page 105.

crairezx20

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Quote from: Xester on July 06, 2016, 10:30:38 AM

Quote from: benjamindees on March 28, 2014, 04:31:21 AM

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.

Decentralization with the use of bitcoin is already happening and soon bitcoin will become the new currency. Seeing how bitcoin grew over the years the big countries will no longer sit down and wait for their downfall but instead they will try to fit in with the financial digital age. Bitcoin has a big income potential power that attracts big countries to engage in bitcoin economy today and not tomorrow.

Its a long time before we will see that bitcoin will be use all people..for now its very hard to imagine it.. but i think if some making an action to promote bitcoin to use not only in online market also stores like brazil 150 stores are accepting bitcoin as payment..

Xester

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Quote from: benjamindees on March 28, 2014, 04:31:21 AM

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.

Decentralization with the use of bitcoin is already happening and soon bitcoin will become the new currency. Seeing how bitcoin grew over the years the big countries will no longer sit down and wait for their downfall but instead they will try to fit in with the financial digital age. Bitcoin has a big income potential power that attracts big countries to engage in bitcoin economy today and not tomorrow.

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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.

Regulations yes that is true. What if they ask who will control this. And without one they will be voting or providing for it. They want nothing uncontrolled. They want someone holding it or someone they could also control.

bitcoinisfurture

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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.

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Quote from: Altynbekova on July 05, 2016, 04:10:08 AM

Quote from: benjamindees on March 28, 2014, 04:31:21 AM

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.

So may people in the world are making use of the Bitcoin so if you look at it in that way then you could say that it is already a global currency.
But to be honest the majority of the people is not making use of it so there are allot more people that do not know what Bitcoin is.

I think there are no more than 500,000 active users in the world using the bitcoin, but they are distributed in the world.

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Quote from: benjamindees on March 28, 2014, 04:31:21 AM

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.

So may people in the world are making use of the Bitcoin so if you look at it in that way then you could say that it is already a global currency.
But to be honest the majority of the people is not making use of it so there are allot more people that do not know what Bitcoin is.

Iceborn

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Quote from: benjamindees on March 28, 2014, 04:31:21 AM

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.

Bitcoin is becoming allot popular because the price is very interesting for allot of people who like investments and off course for allot of
rich people it is very nice to make fast money with it i understand that they are using bitcoins.

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Quote from: danherbias07 on July 05, 2016, 01:36:00 AM

Quote from: serjent05 on July 04, 2016, 01:18:02 PM

Quote from: harizen on June 17, 2016, 09:55:15 AM

Quote from: Colt22 on June 17, 2016, 09:02:58 AM

I think bitcoin will become a global currency only when we make aware everyone from this currency, and in our business we accept only bitcoin and not any other currency .

Awareness isn't quite a big deal. Actually with the current of numbers of bitcoin users it's enough to become this crypto a global currency. But still it isn't considered as a global currency? Because in most of the cases, bitcoin used to get profits. Yes, an investment and that isn't the role of a global currency.

1st. if you want to be globally known, you need to have an awareness campaign, so bitcoin awareness is needed to make it globaly known and thus for the global adoption.
2nd USD is also considered as investment or any other currency due to it's inflation and deflation thing, that is why FOREX is there. even the stock exchange. So how can you say investment isn't role of a global currency?
Pretty much little by little Bitcoin is Becoming Global currency since any one from the world can use Bitcoin and Buy stuff online or pay bills thru 3rd party.

Awareness campaign would cost something right? So who would pay for that? That is one problem.

USD is an investment yes. It is money itself and also investment. I know some people who cant move their USD to their local currency because they are waiting for it to increase. Every cent counts on them.

I think exchanges can spend a little on advertising to reach a wider audience. It is not asking too much if we see them take the lead in this endeavour. After all, they would stand to gain more potential clients if they do a good job of communicating the benefits bitcoin bring.

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Many believe that cryptocurrency - is the air, nothing, it can not be touched, to cash, then it does not exist. But this is not the case. Cryptocurrency Bitcoin in general and in particular have long been full participants in real life. With this money you can purchase goods from online stores, and in some countries even order food to your home or to pay a hotel booking.
Perhaps we are witnessing the birth of a new currency, which will unite all countries? Time will tell ...

arseaboy

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the idea is just the same bitcoin is just like any currency the more demands it takes the more prices to increase as far as I know there's a lot of people now which already aware about this currency and working on it together with the community awareness will increases more and value will be depend on its users and investors.

STT

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Tell them US dollars are not a safe waiting area, they should not hold just one thing hoping the bet will pay off in their favour. Hold a little gold is not so radical when Dollar was linked to it directly as recently as the seventies. They dropped gold because they didnt want to control their fiscal spending, it would lose votes so if you buy gold you buy the original dollar without the political overspending which does not profit the country especially. Spread between old and new currency seems a better stance then waiting on tip toes hoping nobody will lose balance

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Quote from: serjent05 on July 04, 2016, 01:18:02 PM

Quote from: harizen on June 17, 2016, 09:55:15 AM

Quote from: Colt22 on June 17, 2016, 09:02:58 AM

I think bitcoin will become a global currency only when we make aware everyone from this currency, and in our business we accept only bitcoin and not any other currency .

Awareness isn't quite a big deal. Actually with the current of numbers of bitcoin users it's enough to become this crypto a global currency. But still it isn't considered as a global currency? Because in most of the cases, bitcoin used to get profits. Yes, an investment and that isn't the role of a global currency.

1st. if you want to be globally known, you need to have an awareness campaign, so bitcoin awareness is needed to make it globaly known and thus for the global adoption.
2nd USD is also considered as investment or any other currency due to it's inflation and deflation thing, that is why FOREX is there. even the stock exchange. So how can you say investment isn't role of a global currency?
Pretty much little by little Bitcoin is Becoming Global currency since any one from the world can use Bitcoin and Buy stuff online or pay bills thru 3rd party.

Awareness campaign would cost something right? So who would pay for that? That is one problem.

USD is an investment yes. It is money itself and also investment. I know some people who cant move their USD to their local currency because they are waiting for it to increase. Every cent counts on them.

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Quote from: serjent05 on July 04, 2016, 01:18:02 PM

Quote from: harizen on June 17, 2016, 09:55:15 AM

Quote from: Colt22 on June 17, 2016, 09:02:58 AM

I think bitcoin will become a global currency only when we make aware everyone from this currency, and in our business we accept only bitcoin and not any other currency .

Awareness isn't quite a big deal. Actually with the current of numbers of bitcoin users it's enough to become this crypto a global currency. But still it isn't considered as a global currency? Because in most of the cases, bitcoin used to get profits. Yes, an investment and that isn't the role of a global currency.

1st. if you want to be globally known, you need to have an awareness campaign, so bitcoin awareness is needed to make it globaly known and thus for the global adoption.
2nd USD is also considered as investment or any other currency due to it's inflation and deflation thing, that is why FOREX is there. even the stock exchange. So how can you say investment isn't role of a global currency?
Pretty much little by little Bitcoin is Becoming Global currency since any one from the world can use Bitcoin and Buy stuff online or pay bills thru 3rd party.

I think we are making a great job doing some kind of advertisements online and for me that would already help to attract more users to be interested with bitcoins and to be aware of the benefits it brings.

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Quote from: harizen on June 17, 2016, 09:55:15 AM

Quote from: Colt22 on June 17, 2016, 09:02:58 AM

I think bitcoin will become a global currency only when we make aware everyone from this currency, and in our business we accept only bitcoin and not any other currency .

Awareness isn't quite a big deal. Actually with the current of numbers of bitcoin users it's enough to become this crypto a global currency. But still it isn't considered as a global currency? Because in most of the cases, bitcoin used to get profits. Yes, an investment and that isn't the role of a global currency.

1st. if you want to be globally known, you need to have an awareness campaign, so bitcoin awareness is needed to make it globaly known and thus for the global adoption.
2nd USD is also considered as investment or any other currency due to it's inflation and deflation thing, that is why FOREX is there. even the stock exchange. So how can you say investment isn't role of a global currency?
Pretty much little by little Bitcoin is Becoming Global currency since any one from the world can use Bitcoin and Buy stuff online or pay bills thru 3rd party.

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Quote from: DavidoAlto on July 04, 2016, 09:55:04 AM

Bitcoin is used in allot of countrys and i think that it will be the biggest cryptocurrencie of the world only because they have the most users
of all the other ones. So if we are saying that bitcoins will be a global currency that is really true for sure.

Its true indeed.We just need to wait few years until it is going to happen but we can already see people call it global currency because of many reasons:
you can pay someone who is 5000 km away just in a short while-try to do this with bank transfer lol it would take years haha

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Bitcoin is used in allot of countrys and i think that it will be the biggest cryptocurrencie of the world only because they have the most users
of all the other ones. So if we are saying that bitcoins will be a global currency that is really true for sure.

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I anticipate UK leaved Europe comite now pond will drop from Market and the world will find a unique currency like btc that has no depending on market it will happen soon

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Quote from: Qunenin on July 04, 2016, 09:08:25 AM

Quote from: ThisIsMeLOL on June 18, 2016, 07:55:29 AM

It is a good thing that people has started seeing the goodness of the digital currency. I always say that once the superpower countries or the first world countries have accepted the bitcoins, it will be easier to roll out to the rest of the world. I do think the reason why it has been a challenges for the growth is because at first bitcoin was tainted to have been used by criminals. I also hope that the coin will be the new mode of currency in coming years.

Bitcoin has already made its mark in the digital currency world and now it is considered as a threat to the FIAT. In next decade of so, we can see bitcoin becoming the Digital Global currency of the world.

thats true, most of the people that now about the cryptocurrencies already knows about bitcoins too because bitcoin is the most popular crypto right now that is invesnted

in my opinion bitcoin might become a global currency really soon in this way allowing us all to make some good amounts of money, i hope that no currencies will be better than bitcoin

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Quote from: Qunenin on July 04, 2016, 09:08:25 AM

Quote from: ThisIsMeLOL on June 18, 2016, 07:55:29 AM

It is a good thing that people has started seeing the goodness of the digital currency. I always say that once the superpower countries or the first world countries have accepted the bitcoins, it will be easier to roll out to the rest of the world. I do think the reason why it has been a challenges for the growth is because at first bitcoin was tainted to have been used by criminals. I also hope that the coin will be the new mode of currency in coming years.

Bitcoin has already made its mark in the digital currency world and now it is considered as a threat to the FIAT. In next decade of so, we can see bitcoin becoming the Digital Global currency of the world.

Maybe that is right or maybe not. We are not fortune tellers here. We just predict or speculate. We cannot really see the future but we can see now that there aint a lot of people that are in to it. Perhaps, we should be focusing on that first to make it a global currency in the near future.

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Quote from: ThisIsMeLOL on June 18, 2016, 07:55:29 AM

It is a good thing that people has started seeing the goodness of the digital currency. I always say that once the superpower countries or the first world countries have accepted the bitcoins, it will be easier to roll out to the rest of the world. I do think the reason why it has been a challenges for the growth is because at first bitcoin was tainted to have been used by criminals. I also hope that the coin will be the new mode of currency in coming years.

Bitcoin has already made its mark in the digital currency world and now it is considered as a threat to the FIAT. In next decade of so, we can see bitcoin becoming the Digital Global currency of the world.

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