Bitcoin is Becoming a Global Currency - page 120.

SquallLeonhart

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Quote from: KennyR on April 21, 2016, 12:59:37 PM

Quote from: cluit on April 20, 2016, 01:28:51 PM

Quote from: blackmachinegun on April 15, 2016, 09:55:49 AM

Quote from: BTCBinary on April 13, 2016, 09:07:26 AM

the thing is... Bitcoin is already a global currency. Aside from Bitcoin only gold can be compared to a global currency. Bitcoin is the perfect toll for international transactions

I think it is still very young to say that bitcoin is an international currency? bitcoin still under paypal and gold in the movement of the market each year. so bitcoin still need to progress more rapidly again to be a global currency.
global currency must necessarily be greater than the dollar right ?

No, bitcoin is not under paypal, but paypal is going to dump under the wave of bitcoin, every user of paypal who learn about the features of bitcoin immediately transfer to there.

I think PayPal won't get dumped under the wave of bitcoin. People who currently using PayPal when learn about bitcoin, will just add bitcoin as an alternate or additional payment source as bitcoins future is unpredictable.

That's true and we cannot ignore the fact that Paypal is more popular in compare to bitcoin at a moment, and Paypal will be there in future too but not sure about bitcoin.

KennyR

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Quote from: cluit on April 20, 2016, 01:28:51 PM

Quote from: blackmachinegun on April 15, 2016, 09:55:49 AM

Quote from: BTCBinary on April 13, 2016, 09:07:26 AM

the thing is... Bitcoin is already a global currency. Aside from Bitcoin only gold can be compared to a global currency. Bitcoin is the perfect toll for international transactions

I think it is still very young to say that bitcoin is an international currency? bitcoin still under paypal and gold in the movement of the market each year. so bitcoin still need to progress more rapidly again to be a global currency.
global currency must necessarily be greater than the dollar right ?

No, bitcoin is not under paypal, but paypal is going to dump under the wave of bitcoin, every user of paypal who learn about the features of bitcoin immediately transfer to there.

I think PayPal won't get dumped under the wave of bitcoin. People who currently using PayPal when learn about bitcoin, will just add bitcoin as an alternate or additional payment source as bitcoins future is unpredictable.

xIIImaL

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Quote from: aprilio on April 20, 2016, 01:31:51 PM

bitcoin will up price.......global

Yeah Bitcoin has potential to become a global currency but its kind of self serving and narrow. Bitcoin transfers are instant, regardless of the current price in fiat, its an instant exchange medium, that's its main strength. Also, speculators do and will speculate on anything...

Boosterious

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Quote from: benjamindees on March 28, 2014, 03:31:21 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.

its been long time,now that amount was increase as long bitcoin more popular,and yes bitcoin is becoming global currency,i'm sure all countries will accept bitcoin soon.

randy8777

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Quote from: arwin100 on April 21, 2016, 05:27:46 AM

Quote from: BitcoinPaw on April 20, 2016, 06:46:36 PM

Quote from: bestluck on April 20, 2016, 05:51:56 PM

Quote from: cluit on April 20, 2016, 01:28:51 PM

Quote from: blackmachinegun on April 15, 2016, 09:55:49 AM

Quote from: BTCBinary on April 13, 2016, 09:07:26 AM

the thing is... Bitcoin is already a global currency. Aside from Bitcoin only gold can be compared to a global currency. Bitcoin is the perfect toll for international transactions

I think it is still very young to say that bitcoin is an international currency? bitcoin still under paypal and gold in the movement of the market each year. so bitcoin still need to progress more rapidly again to be a global currency.
global currency must necessarily be greater than the dollar right ?

No, bitcoin is not under paypal, but paypal is going to dump under the wave of bitcoin, every user of paypal who learn about the features of bitcoin immediately transfer to there.

Yeah, I also have noticed that, including me all my friends who are online earners are now on bitcoin, a time was there when all of us were fan of paypal, and we were only with paypal for most of our transactions but after adopting bitcoin we are going to forget paypal.

Guys bitcoin is not global currency, global currency is dollar today, dollar is trusted. Bitcoin can't beat dollar till it's crypto currency, need to become fiat first.

Yeah bitcoin will never ever replace dollar as global currency because bitcoin is relying to dollars And many struggles and pumping to bitcoin before it happens but all i can say is bitcoin is global e currency used by people around the globe. Bitcoin needs to prove his strength first so that online stores will accept it. I think the reason why online shopping website dont accept it as proof of payment is because the price of it is not stable.

there are already plenty of online merchants that are accepting bitcoin as form of payment. bitcoin is very strong when it comes to online payments. that's its strength. there are more than 100,000 merchants currently accepting bitcoin.... the only thing i would like to see be different is that there must also be physical stores accepting bitcoin. but that will take some time.

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Quote from: BitcoinPaw on April 20, 2016, 06:46:36 PM

Quote from: bestluck on April 20, 2016, 05:51:56 PM

Quote from: cluit on April 20, 2016, 01:28:51 PM

Quote from: blackmachinegun on April 15, 2016, 09:55:49 AM

Quote from: BTCBinary on April 13, 2016, 09:07:26 AM

the thing is... Bitcoin is already a global currency. Aside from Bitcoin only gold can be compared to a global currency. Bitcoin is the perfect toll for international transactions

I think it is still very young to say that bitcoin is an international currency? bitcoin still under paypal and gold in the movement of the market each year. so bitcoin still need to progress more rapidly again to be a global currency.
global currency must necessarily be greater than the dollar right ?

No, bitcoin is not under paypal, but paypal is going to dump under the wave of bitcoin, every user of paypal who learn about the features of bitcoin immediately transfer to there.

Yeah, I also have noticed that, including me all my friends who are online earners are now on bitcoin, a time was there when all of us were fan of paypal, and we were only with paypal for most of our transactions but after adopting bitcoin we are going to forget paypal.

Guys bitcoin is not global currency, global currency is dollar today, dollar is trusted. Bitcoin can't beat dollar till it's crypto currency, need to become fiat first.

Yeah bitcoin will never ever replace dollar as global currency because bitcoin is relying to dollars And many struggles and pumping to bitcoin before it happens but all i can say is bitcoin is global e currency used by people around the globe. Bitcoin needs to prove his strength first so that online stores will accept it. I think the reason why online shopping website dont accept it as proof of payment is because the price of it is not stable.

Superways

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Quote from: BitcoinPaw on April 20, 2016, 06:46:36 PM

Quote from: bestluck on April 20, 2016, 05:51:56 PM

Quote from: cluit on April 20, 2016, 01:28:51 PM

Quote from: blackmachinegun on April 15, 2016, 09:55:49 AM

Quote from: BTCBinary on April 13, 2016, 09:07:26 AM

the thing is... Bitcoin is already a global currency. Aside from Bitcoin only gold can be compared to a global currency. Bitcoin is the perfect toll for international transactions

I think it is still very young to say that bitcoin is an international currency? bitcoin still under paypal and gold in the movement of the market each year. so bitcoin still need to progress more rapidly again to be a global currency.
global currency must necessarily be greater than the dollar right ?

No, bitcoin is not under paypal, but paypal is going to dump under the wave of bitcoin, every user of paypal who learn about the features of bitcoin immediately transfer to there.

Yeah, I also have noticed that, including me all my friends who are online earners are now on bitcoin, a time was there when all of us were fan of paypal, and we were only with paypal for most of our transactions but after adopting bitcoin we are going to forget paypal.

Guys bitcoin is not global currency, global currency is dollar today, dollar is trusted. Bitcoin can't beat dollar till it's crypto currency, need to become fiat first.

bitcoin do not need to be in fiat, as it is working good for virtual and it was created for the virtual use, the other point is that, the whole of the world is now going to shift to the digital phase and so in that case bitcoin will be the next global currency.

goinmerry

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Quote from: cluit on April 20, 2016, 01:28:51 PM

Quote from: blackmachinegun on April 15, 2016, 09:55:49 AM

Quote from: BTCBinary on April 13, 2016, 09:07:26 AM

the thing is... Bitcoin is already a global currency. Aside from Bitcoin only gold can be compared to a global currency. Bitcoin is the perfect toll for international transactions

I think it is still very young to say that bitcoin is an international currency? bitcoin still under paypal and gold in the movement of the market each year. so bitcoin still need to progress more rapidly again to be a global currency.
global currency must necessarily be greater than the dollar right ?

No, bitcoin is not under paypal, but paypal is going to dump under the wave of bitcoin, every user of paypal who learn about the features of bitcoin immediately transfer to there.

This can happen. For now, users are still used in paypal. But once they know that there is another way of doing it then that might be a start of a big change for that person. One step at a time, haste is not an option here. We just need to be patient and maybe someday more percentage of people will be using bitcoin instead of paypal or paypal will adapt.

BitcoinPaw

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Quote from: bestluck on April 20, 2016, 05:51:56 PM

Quote from: cluit on April 20, 2016, 01:28:51 PM

Quote from: blackmachinegun on April 15, 2016, 09:55:49 AM

Quote from: BTCBinary on April 13, 2016, 09:07:26 AM

the thing is... Bitcoin is already a global currency. Aside from Bitcoin only gold can be compared to a global currency. Bitcoin is the perfect toll for international transactions

I think it is still very young to say that bitcoin is an international currency? bitcoin still under paypal and gold in the movement of the market each year. so bitcoin still need to progress more rapidly again to be a global currency.
global currency must necessarily be greater than the dollar right ?

No, bitcoin is not under paypal, but paypal is going to dump under the wave of bitcoin, every user of paypal who learn about the features of bitcoin immediately transfer to there.

Yeah, I also have noticed that, including me all my friends who are online earners are now on bitcoin, a time was there when all of us were fan of paypal, and we were only with paypal for most of our transactions but after adopting bitcoin we are going to forget paypal.

Guys bitcoin is not global currency, global currency is dollar today, dollar is trusted. Bitcoin can't beat dollar till it's crypto currency, need to become fiat first.

bestluck

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Quote from: cluit on April 20, 2016, 01:28:51 PM

Quote from: blackmachinegun on April 15, 2016, 09:55:49 AM

Quote from: BTCBinary on April 13, 2016, 09:07:26 AM

the thing is... Bitcoin is already a global currency. Aside from Bitcoin only gold can be compared to a global currency. Bitcoin is the perfect toll for international transactions

I think it is still very young to say that bitcoin is an international currency? bitcoin still under paypal and gold in the movement of the market each year. so bitcoin still need to progress more rapidly again to be a global currency.
global currency must necessarily be greater than the dollar right ?

No, bitcoin is not under paypal, but paypal is going to dump under the wave of bitcoin, every user of paypal who learn about the features of bitcoin immediately transfer to there.

Yeah, I also have noticed that, including me all my friends who are online earners are now on bitcoin, a time was there when all of us were fan of paypal, and we were only with paypal for most of our transactions but after adopting bitcoin we are going to forget paypal.

aprilio

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bitcoin will up price.......global

cluit

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Quote from: blackmachinegun on April 15, 2016, 09:55:49 AM

Quote from: BTCBinary on April 13, 2016, 09:07:26 AM

the thing is... Bitcoin is already a global currency. Aside from Bitcoin only gold can be compared to a global currency. Bitcoin is the perfect toll for international transactions

I think it is still very young to say that bitcoin is an international currency? bitcoin still under paypal and gold in the movement of the market each year. so bitcoin still need to progress more rapidly again to be a global currency.
global currency must necessarily be greater than the dollar right ?

No, bitcoin is not under paypal, but paypal is going to dump under the wave of bitcoin, every user of paypal who learn about the features of bitcoin immediately transfer to there.

Newcoins2020

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There could maybe a chance that it would but I think this is not going to happen the bitcoin right now is still too small.
Maybe its possible in about 15 years but this is not to predict of course, the bitcoin is not even stable.

JeanMcCoy

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As you can see you see indeed that Bitcoin is getting more popular and that is because the world is also getting more digital and that is quite nice because it will be perfect for Bitcoin.
The only thing that must change is the value and it must be more acceptable.

goinmerry

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Quote from: chaosknight on April 19, 2016, 04:51:00 PM

Quote from: expert4knowledge on April 19, 2016, 03:54:57 PM

Quote from: marcus_of_augustus on April 14, 2016, 04:25:19 PM

Bitcoin is already a global currency, albeit of limited usage.

The real question is "will it become a global reserve money?"

... or remain a global transaction commodity, like gold.

I doubt if it is a global currency now or not. It is not supported by anything such as gold that all of currencies do have it and it is needed for all currencies.

Do not expect too high from bitcoin which is not achievable, its a digital currency and helping us in many ways so let us continue with the same flow.

Yes continue that and make it stronger in days that pass. We need people to see that this currency can be used online. Not just their credit card which they pay annually for borrowing it. Tell them there is another option. Not that great but a good one.

martinacar

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Quote from: ElpadroBitcoin on April 20, 2016, 02:31:43 AM

Quote from: ajun96 on April 18, 2016, 08:38:28 AM

Quote from: ElpadroBitcoin on April 14, 2016, 04:10:23 AM

Bitcoin is on its way to become a global currency the advantage Bitcoin is, is that if you have internet you can make use of Bitcoin. The only thing that it misses is paper money.

I strongly agree with this many people say bitcoin has become a global currency but I have not seen bitcoin in use by many people in the world.
although we all know that bitcoin has strong capital to become a global currency and defeat the dollar.
but all of them are still in the stage of "on the way":

Bitcoin will be global currency soon because you as you can see you see also that the value is going to rise soon and that would be nice for the people who already have Bitcoin.
And you also see that Bitcoin is getting more used so that is nice.

I think it can be a global currency but not very soon to be honest, I think it will take some years to achieve this with the bitcoin.
Most likely if the bitcoin stays growing like this its possible.

ElpadroBitcoin

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Quote from: ajun96 on April 18, 2016, 08:38:28 AM

Quote from: ElpadroBitcoin on April 14, 2016, 04:10:23 AM

Bitcoin is on its way to become a global currency the advantage Bitcoin is, is that if you have internet you can make use of Bitcoin. The only thing that it misses is paper money.

I strongly agree with this many people say bitcoin has become a global currency but I have not seen bitcoin in use by many people in the world.
although we all know that bitcoin has strong capital to become a global currency and defeat the dollar.
but all of them are still in the stage of "on the way":

Bitcoin will be global currency soon because you as you can see you see also that the value is going to rise soon and that would be nice for the people who already have Bitcoin.
And you also see that Bitcoin is getting more used so that is nice.

CasioK

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Quote from: Hellacopter on April 15, 2016, 11:00:20 AM

Bitcoin isn't yet a global currency, unless you mean that it could be used worldwide so yes that's true. But it's still need more advertising and support from the Bitcoin's community as many people don't know anything about it till now.

Yes bitcoin need more support from the users to promote it to others, with that bitcoin will get more stability and success and more people will be there to believe on it and so will sooner become global currency.

bitart

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Quote from: expert4knowledge on April 19, 2016, 03:54:57 PM

Quote from: marcus_of_augustus on April 14, 2016, 04:25:19 PM

Bitcoin is already a global currency, albeit of limited usage.

The real question is "will it become a global reserve money?"

... or remain a global transaction commodity, like gold.

I doubt if it is a global currency now or not. It is not supported by anything such as gold that all of currencies do have it and it is needed for all currencies.

Most of the nowdays currencies are not supported by gold or anything, although most of the central banks has a piles of gold in the trezor and has also some dollars and euros to back up their currency on the forex market. The quantity of these are not enough for the value of the whole country's currency, it's only held in order to do some interventions on forex market if needed to maintain the value of their own currency.
So to sum it up in a few words, bitcoin is just like real world currencies, there's no need to be backed up with gold or similar. As long as people trust bitcoin, it won't fail.
If you check the news, some giant banks are planning to use the blockchain technology, so the direction is OK at least.

chaosknight

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Quote from: expert4knowledge on April 19, 2016, 03:54:57 PM

Quote from: marcus_of_augustus on April 14, 2016, 04:25:19 PM

Bitcoin is already a global currency, albeit of limited usage.

The real question is "will it become a global reserve money?"

... or remain a global transaction commodity, like gold.

I doubt if it is a global currency now or not. It is not supported by anything such as gold that all of currencies do have it and it is needed for all currencies.

Do not expect too high from bitcoin which is not achievable, its a digital currency and helping us in many ways so let us continue with the same flow.

Topic: Bitcoin is Becoming a Global Currency - page 120. (Read 226473 times)