Topic: Bitcoin is Becoming a Global Currency - page 114. (Read 226473 times)
Bitcoin users are almost from every country that means it is already global currency, and in next few years we will find majority of people would start using bitcoin.
Bitcoin already is a global currency in its own right since it has no national linking (and never had), unlike fiats. It can be used with universal easiness where it is only possible to use it...
So, in a sense, it was born as world currency
So, in a sense, it was born as world currency
Bitcoin can be used in many countries. It is accepted by various international companies. I bought things with it.
Would bitcoin higher price be because of the exchange rate from USD to *insert foreign currency here?
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 becoming Global currency because of majority of people using it as like as most popular business method. all over the world know regarding bitcoin So it will happen in the future.
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 becoming Global currency because of majority of people using it as like as most popular business method. all over the world know regarding bitcoin So it will happen in the future.
No Bitcoin is already a global currency if you count the fact that everybody in the world can make use of it. But not everybody is making use of it so if you look at it that way it is not a global currency but it sure has the potential to become one.
yeah probably every country has bitcoin users so perhaps it could be called as a global currency. but not everyone wears bitcoin. it's just like the dollar. the dollar is the global currency but not everyone uses the dollar.so actually bitcoin has become a global currency
So the people with already Bitcoin can spend it more in the future and have also some profit maybe.
Bitcoin is not yet global currency, very few people are using it, and to be honest I feel that dollar is global currency as it widely used and accepted.
No Bitcoin is already a global currency if you count the fact that everybody in the world can make use of it. But not everybody is making use of it so if you look at it that way it is not a global currency but it sure has the potential to become one.
yeah probably every country has bitcoin users so perhaps it could be called as a global currency. but not everyone wears bitcoin. it's just like the dollar. the dollar is the global currency but not everyone uses the dollar.so actually bitcoin has become a global currency
So the people with already Bitcoin can spend it more in the future and have also some profit maybe.
You can see Bitcoin as a global currency because literately everybody who has access to the internet can make use of it. But not everyone is making use of it so if you look at it that way it is not a global currency but it has the potential to become one.
connected to the internet all over the world and all countries use the internet. so if each country has a bitcoin user so it can be interpreted that bitcoin accepted in every state You do not need to wait for everyone to wear bitcoin because they it is impossible. I think bitcoin has become a global currency i think its safe to say that Bitcoin is already a Global Currency. i just hope countries that have it banned can lift those bans 
Thinking about those "bitcoin banned country" I cant really see how they did it. First of all it is online currency. So you just need internet. How they can stop that? Banned an IP whenever it reads a "bitcoin" word in it? Just having a thought of it. How?
i think its safe to say that Bitcoin is already a Global Currency. i just hope countries that have it banned can lift those bans
Thinking about those "bitcoin banned country" I cant really see how they did it. First of all it is online currency. So you just need internet. How they can stop that? Banned an IP whenever it reads a "bitcoin" word in it? Just having a thought of it. How?
Tha fact itself that the Bitcoin is a virtual currency makes it global because it doesn't belong to any country or jurisdiction of any state in particular. That is one of the biggest values of Bitcoin. It's available to anyone, people just have to take it.
i think its safe to say that Bitcoin is already a Global Currency. i just hope countries that have it banned can lift those bans
If by global it means being able to act as currency in different parts of the world, it can be considered so because it is accepted as payment online globally. How many use at as payment option is the question to ask. Mass adoption will take a while because of technology hindrances, especially in third world countries.
Yes, it is.To promote Bitcoin need to distribute information about it. Governments of the third world should take example and experience from advanced technological development of States. And also, it is necessary to improve relations between the countries, it will learn from each other.
If by global it means being able to act as currency in different parts of the world, it can be considered so because it is accepted as payment online globally. How many use at as payment option is the question to ask. Mass adoption will take a while because of technology hindrances, especially in third world countries.
The bitcoin will not be a global currency because its just too small and banks will always try to stop this.
I think there is maybe a chance but it will be a very small chance, it first needs to gain popularity.
I think there is maybe a chance but it will be a very small chance, it first needs to gain popularity.
Yeah, maybe someday all people around the world will accept bitcoin for a global currency. If this happened, it will make bitcoin become popular and the price of bitcoin will increase too.
all people will accept bitcoin but "the local currency like yuan in chinese, baht in thailand, rupiah in indonesia, rupe india, can't be replace with any new currency" , now Us dollar is global currrency but in the all of country, the local currency is the main payment processor.
The bitcoin will not be a global currency because its just too small and banks will always try to stop this.
I think there is maybe a chance but it will be a very small chance, it first needs to gain popularity.
I think there is maybe a chance but it will be a very small chance, it first needs to gain popularity.
Yeah, maybe someday all people around the world will accept bitcoin for a global currency. If this happened, it will make bitcoin become popular and the price of bitcoin will increase too.
Adoption level is key here, if adoption goes higher then it will take bitcoin to next level, and if majority of people worldwide starts using bitcoin then it can surely become a global currency.
The bitcoin will not be a global currency because its just too small and banks will always try to stop this.
I think there is maybe a chance but it will be a very small chance, it first needs to gain popularity.
I think there is maybe a chance but it will be a very small chance, it first needs to gain popularity.
Yeah, maybe someday all people around the world will accept bitcoin for a global currency. If this happened, it will make bitcoin become popular and the price of bitcoin will increase too.
The bitcoin will not be a global currency because its just too small and banks will always try to stop this.
I think there is maybe a chance but it will be a very small chance, it first needs to gain popularity.
I think there is maybe a chance but it will be a very small chance, it first needs to gain popularity.
If you mean the US variety, it is a global currency, by any yardstick. The US dollars account for somewhere around 50% of international financial transactions daily. Besides that, the dollar is also the world's prime reserve currency, since approximately two-thirds of the FX reserves across countries are dollars...
If not dollar, then what?
If not dollar, then what?
Yuan. Currently the dollar is the most relevant international currency for sure. But its status as reserve and trade currency is slowly but steadily degrading. China, Russia, Iran, South Africa and Brazil are working together to end the dollar regime. I think it will take years, maybe decades, but in the end the US will face tough times, because most of the US wealth stems from the strength of the dollar
You are apparently putting the cart before the horse. It is the dollar that derives its strength from the economic power of the US, not the other way round. The takeaway is that if China grows economically (to be on par with the US), the yuan can become a global currency, but not until then...
Hint, who controls oceans also controls international trade (read imposes its currency), but China is weak militarily
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