Topic: Bitcoin is Becoming a Global Currency - page 112. (Read 226404 times)

Quote from: danherbias07 on May 31, 2016, 04:18:43 AM

It's good to see that there is demand for bitcoin around the world, but I don't really think it is a global currency yet. I think there are people around the world that see bitcoin's potential and are willing to invest in it. I don't think it's a huge number of people yet and they aren't necessarily using it as a currency yet.

I believe majority of the world has already use bitcoins but as to the volume of users I cannot estimate now. The good thing is the demand of bitcoins is increasing as evidence by its current price today that has substantially increase also. In the future it will become a global currency.

I dont get it. Why not global now. Simple example. I go to Iraq now. I go online then I can access it. I can buy also or sell it. So it is global right? Globally online. You just need internet.

This is already global as majority of the countries have already use and adopted bitcoins, although I may say that in totality we are just few compared to the total population of the world but the good thing is the users are continuously growing.

Yes we are still at low percentage of population in the world that use bitcoins. But, you are right about adoption. Sectors that do investment could also help advertising it for faster growth.

You can now see indeed that Bitcoin is going to becoming a global currency and that is because there are now a lot of people is getting to know about Bitcoin and that is nice.
But the thing of Bitcoin is that the value of the Bitcoin have to be higher so we can do many things with it later and that is nice.

No one can predict or control the price of bitcoin, but the fact is it needs some more time to get recognition globally, it has not been used by majority of people yet.

bitcoinhopper

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Quote from: Maslate on May 29, 2016, 03:55:34 AM

Quote from: danherbias07 on May 29, 2016, 01:04:29 AM

Quote from: marcus_of_augustus on May 31, 2016, 06:11:31 AM

It's good to see that there is demand for bitcoin around the world, but I don't really think it is a global currency yet. I think there are people around the world that see bitcoin's potential and are willing to invest in it. I don't think it's a huge number of people yet and they aren't necessarily using it as a currency yet.

I believe majority of the world has already use bitcoins but as to the volume of users I cannot estimate now. The good thing is the demand of bitcoins is increasing as evidence by its current price today that has substantially increase also. In the future it will become a global currency.

I dont get it. Why not global now. Simple example. I go to Iraq now. I go online then I can access it. I can buy also or sell it. So it is global right? Globally online. You just need internet.

This is already global as majority of the countries have already use and adopted bitcoins, although I may say that in totality we are just few compared to the total population of the world but the good thing is the users are continuously growing.

Yes we are still at low percentage of population in the world that use bitcoins. But, you are right about adoption. Sectors that do investment could also help advertising it for faster growth.

You can now see indeed that Bitcoin is going to becoming a global currency and that is because there are now a lot of people is getting to know about Bitcoin and that is nice.
But the thing of Bitcoin is that the value of the Bitcoin have to be higher so we can do many things with it later and that is nice.

AlgoSwan

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ancap

^^ which means you missed all mine.

No, you're totally correct about borderless currency. All I'm saying is it is not enough for surviving. You will need weapons once SHTF.

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^^ which means you missed all mine.

AlgoSwan

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ancap

Quote from: marcus_of_augustus on May 31, 2016, 05:55:36 AM

Quote from: AlgoSwan on May 31, 2016, 05:52:24 AM

Quote from: marcus_of_augustus on May 31, 2016, 05:32:34 AM

Quote from: AlgoSwan on May 31, 2016, 05:52:24 AM

I think everyone on this thread missing very important point for reserve currencies of the world. Every reserve currency must be protected/supported by military. The British pound (GBP) supported by UK army, USD now backed by military and the Yuan will be supported by Chinese military once it become a reserve currency of the world.

So, BTC has no chance to become a world reserve currency. It is a fair currency trying to survive in this weapon backed world.

What do you think?

cyber warfare is the future.

When you invaded by tanks cyber warfare become meaningless. Of course cyber warfare is important as long as you can defend your borders.

which basements will they drive the tanks into first? Chinese, Russian, American? bitcoin has no borders to defend.

You're missing my point. I said BTC has no support from weapons/military/militia which is almost every world currency has support from its own military.

marcus_of_augustus

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Quote from: marcus_of_augustus on May 31, 2016, 05:32:34 AM

Quote from: marcus_of_augustus on May 31, 2016, 05:32:34 AM

I think everyone on this thread missing very important point for reserve currencies of the world. Every reserve currency must be protected/supported by military. The British pound (GBP) supported by UK army, USD now backed by military and the Yuan will be supported by Chinese military once it become a reserve currency of the world.

So, BTC has no chance to become a world reserve currency. It is a fair currency trying to survive in this weapon backed world.

What do you think?

cyber warfare is the future.

When you invaded by tanks cyber warfare become meaningless. Of course cyber warfare is important as long as you can defend your borders.

which basements will they drive the tanks into first? Chinese, Russian, American? bitcoin has no borders to defend.

AlgoSwan

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Activity: 308

Merit: 250

ancap

I think everyone on this thread missing very important point for reserve currencies of the world. Every reserve currency must be protected/supported by military. The British pound (GBP) supported by UK army, USD now backed by military and the Yuan will be supported by Chinese military once it become a reserve currency of the world.

So, BTC has no chance to become a world reserve currency. It is a fair currency trying to survive in this weapon backed world.

What do you think?

cyber warfare is the future.

When you invaded by tanks cyber warfare become meaningless. Of course cyber warfare is important as long as you can defend your borders.

marcus_of_augustus

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Activity: 3920

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Eadem mutata resurgo

Quote from: Maslate on May 29, 2016, 03:55:34 AM

I think everyone on this thread missing very important point for reserve currencies of the world. Every reserve currency must be protected/supported by military. The British pound (GBP) supported by UK army, USD now backed by military and the Yuan will be supported by Chinese military once it become a reserve currency of the world.

So, BTC has no chance to become a world reserve currency. It is a fair currency trying to survive in this weapon backed world.

What do you think?

cyber warfare is the future.

AlgoSwan

sr. member

Activity: 308

Merit: 250

ancap

I think everyone on this thread missing very important point for reserve currencies of the world. Every reserve currency must be protected/supported by military. The British pound (GBP) supported by UK army, USD now backed by military and the Yuan will be supported by Chinese military once it become a reserve currency of the world.

So, BTC has no chance to become a world reserve currency. It is a fair currency trying to survive in this weapon backed world.

What do you think?

danherbias07

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Quote from: danherbias07 on May 29, 2016, 01:04:29 AM

Quote from: danherbias07 on May 29, 2016, 01:04:29 AM

It's good to see that there is demand for bitcoin around the world, but I don't really think it is a global currency yet. I think there are people around the world that see bitcoin's potential and are willing to invest in it. I don't think it's a huge number of people yet and they aren't necessarily using it as a currency yet.

I believe majority of the world has already use bitcoins but as to the volume of users I cannot estimate now. The good thing is the demand of bitcoins is increasing as evidence by its current price today that has substantially increase also. In the future it will become a global currency.

I dont get it. Why not global now. Simple example. I go to Iraq now. I go online then I can access it. I can buy also or sell it. So it is global right? Globally online. You just need internet.

This is already global as majority of the countries have already use and adopted bitcoins, although I may say that in totality we are just few compared to the total population of the world but the good thing is the users are continuously growing.

Yes we are still at low percentage of population in the world that use bitcoins. But, you are right about adoption. Sectors that do investment could also help advertising it for faster growth.

Etaren

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It would be nice of course if that is possible and you also can see now already that there are now more people that is using it and that there are also more stores that is accepting it. But you have to also know that there will be a lot of people that must have to know to use Bitcoin and get to know about it.

Maslate

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It's good to see that there is demand for bitcoin around the world, but I don't really think it is a global currency yet. I think there are people around the world that see bitcoin's potential and are willing to invest in it. I don't think it's a huge number of people yet and they aren't necessarily using it as a currency yet.

I believe majority of the world has already use bitcoins but as to the volume of users I cannot estimate now. The good thing is the demand of bitcoins is increasing as evidence by its current price today that has substantially increase also. In the future it will become a global currency.

I dont get it. Why not global now. Simple example. I go to Iraq now. I go online then I can access it. I can buy also or sell it. So it is global right? Globally online. You just need internet.

This is already global as majority of the countries have already use and adopted bitcoins, although I may say that in totality we are just few compared to the total population of the world but the good thing is the users are continuously growing.

danherbias07

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Leading Crypto Sports Betting & Casino Platform

It's good to see that there is demand for bitcoin around the world, but I don't really think it is a global currency yet. I think there are people around the world that see bitcoin's potential and are willing to invest in it. I don't think it's a huge number of people yet and they aren't necessarily using it as a currency yet.

I believe majority of the world has already use bitcoins but as to the volume of users I cannot estimate now. The good thing is the demand of bitcoins is increasing as evidence by its current price today that has substantially increase also. In the future it will become a global currency.

I dont get it. Why not global now. Simple example. I go to Iraq now. I go online then I can access it. I can buy also or sell it. So it is global right? Globally online. You just need internet.

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Quote from: Hatuferu on May 26, 2016, 07:04:42 PM

It's good to see that there is demand for bitcoin around the world, but I don't really think it is a global currency yet. I think there are people around the world that see bitcoin's potential and are willing to invest in it. I don't think it's a huge number of people yet and they aren't necessarily using it as a currency yet.

I believe majority of the world has already use bitcoins but as to the volume of users I cannot estimate now. The good thing is the demand of bitcoins is increasing as evidence by its current price today that has substantially increase also. In the future it will become a global currency.

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It's good to see that there is demand for bitcoin around the world, but I don't really think it is a global currency yet. I think there are people around the world that see bitcoin's potential and are willing to invest in it. I don't think it's a huge number of people yet and they aren't necessarily using it as a currency yet.

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Quote from: tampazeus on May 26, 2016, 07:29:52 AM

Quote from: elyas772 on May 26, 2016, 07:12:26 AM

Quote from: torrentheaven on May 25, 2016, 06:54:49 PM

Bitcoin can become global currency in future but not sure what is the exact scenario at a moment as I really think that bitcoin can be a currency of lifetime.

Sometimes I have thoughts about that too. This currency can really dominate the online world. But will it be really forever. What if there are new ones that popped up. Or someone did something to make it fall.

I also had the same thought, because the future of bitcoin no one can determine.
maybe if there is a coin that can replace bitcoin in the future, but as long as it was profitable was not a problem for me.
but I am always optimistic bitcoin can last a lifetime.

I am not one of the fan of that "lifetime" thing. There is always an end. Some just stays for so long and I will go with that kind of belief. It will last long but not forever for bitcoin. There will always be something that will make it fall or something better that will come.

bitcoin is a remarkable technology, and currently we live with everything about technology. so if bitcoin able to develop properly. I am sure can live forever. but really what was said by you, it could fall, and there are new technologies that could replace bitcoin

Its really difficult to predict the future of bitcoin, but present growth of bitcoin gives us an indication that everything would be fine with bitcoin in future too.

I agree, if you are a good investor you can already see that bitcoins current price is an opportunity, we can buy now and hold for a bit of time and take the profit by selling it at a high price, very simple actually, we don't need to complicate things our, we only need to trust bitcoins and our prediction. In investing the more the risk the higher the reward.

We should take this at this stage, and if you will never take risk then you will miss the fun of enjoying profits in future, bitcoin is innovative technology it will surely grow in future.

Marbit

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Quote from: marcus_of_augustus on March 28, 2014, 04:10:58 AM

I'm not sure I would class some of those countries as 'major' ... but there is a general sense now that bitcoins are leaving the USA, and at an accelerating rate.

Bitcoin is International currency and its almost Global currency too,It was suffered in USA and some others country there was cases against of this currency but can't stop from growth and become a digital money.So it is almost the way of Global Currency.

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Quote from: tampazeus on May 26, 2016, 07:29:52 AM

Quote from: elyas772 on May 26, 2016, 07:12:26 AM

Quote from: torrentheaven on May 25, 2016, 06:54:49 PM

Bitcoin can become global currency in future but not sure what is the exact scenario at a moment as I really think that bitcoin can be a currency of lifetime.

Sometimes I have thoughts about that too. This currency can really dominate the online world. But will it be really forever. What if there are new ones that popped up. Or someone did something to make it fall.

I also had the same thought, because the future of bitcoin no one can determine.
maybe if there is a coin that can replace bitcoin in the future, but as long as it was profitable was not a problem for me.
but I am always optimistic bitcoin can last a lifetime.

I am not one of the fan of that "lifetime" thing. There is always an end. Some just stays for so long and I will go with that kind of belief. It will last long but not forever for bitcoin. There will always be something that will make it fall or something better that will come.

bitcoin is a remarkable technology, and currently we live with everything about technology. so if bitcoin able to develop properly. I am sure can live forever. but really what was said by you, it could fall, and there are new technologies that could replace bitcoin

Its really difficult to predict the future of bitcoin, but present growth of bitcoin gives us an indication that everything would be fine with bitcoin in future too.

I agree, if you are a good investor you can already see that bitcoins current price is an opportunity, we can buy now and hold for a bit of time and take the profit by selling it at a high price, very simple actually, we don't need to complicate things our, we only need to trust bitcoins and our prediction. In investing the more the risk the higher the reward.

tampazeus

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Quote from: elyas772 on May 26, 2016, 07:12:26 AM

Quote from: torrentheaven on May 25, 2016, 06:54:49 PM

Bitcoin can become global currency in future but not sure what is the exact scenario at a moment as I really think that bitcoin can be a currency of lifetime.

Sometimes I have thoughts about that too. This currency can really dominate the online world. But will it be really forever. What if there are new ones that popped up. Or someone did something to make it fall.

I also had the same thought, because the future of bitcoin no one can determine.
maybe if there is a coin that can replace bitcoin in the future, but as long as it was profitable was not a problem for me.
but I am always optimistic bitcoin can last a lifetime.

I am not one of the fan of that "lifetime" thing. There is always an end. Some just stays for so long and I will go with that kind of belief. It will last long but not forever for bitcoin. There will always be something that will make it fall or something better that will come.

bitcoin is a remarkable technology, and currently we live with everything about technology. so if bitcoin able to develop properly. I am sure can live forever. but really what was said by you, it could fall, and there are new technologies that could replace bitcoin

Its really difficult to predict the future of bitcoin, but present growth of bitcoin gives us an indication that everything would be fine with bitcoin in future too.

elyas772

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