Bitcoin is Becoming a Global Currency - page 122.

Zacudis

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Quote from: Farma on April 17, 2016, 09:54:07 PM

Quote from: Zacudis on April 17, 2016, 09:14:32 PM

Bitcoin has already become a global currency, It did this when it was trading on the Stock markets, yes as a stock, but also as a currency if you look at the stock exchange you have all currencies traded, and then the commodities market is also Bitcoin. so it is in all levels of trade, and currency exchanges, this is what keeps it strong, and will make it stronger for days to come.

I think at this time yet. because bitcoin only well-known and popular on the internet, but the internet paypal also well known, and could even be said that paypal is the toughest rivals of the bitcoin. before conquering paypal, bitcoin has not been the best on the internet. laymen know about paypal but not with bitcoin. so I guess after bitcoin after the internet, and came out as paper money in the real world, then at the time that bitcoin will be recognized as a world currency, but this is just think

I travel alot around the US and I have found that many places take bitcoin. Restaurants, Hotels, I stopped at a truckstop a small private one and it took bitcoin. When you start seeing bitcoin in small private businesses you know that major chains are going to take it up fast to keep up with the private businesses. Next time i will write down the names of the places that accept bitcoin so that way I can post it.

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Quote from: Zacudis on April 17, 2016, 09:14:32 PM

Bitcoin has already become a global currency, It did this when it was trading on the Stock markets, yes as a stock, but also as a currency if you look at the stock exchange you have all currencies traded, and then the commodities market is also Bitcoin. so it is in all levels of trade, and currency exchanges, this is what keeps it strong, and will make it stronger for days to come.

I think at this time yet. because bitcoin only well-known and popular on the internet, but the internet paypal also well known, and could even be said that paypal is the toughest rivals of the bitcoin. before conquering paypal, bitcoin has not been the best on the internet. laymen know about paypal but not with bitcoin. so I guess after bitcoin after the internet, and came out as paper money in the real world, then at the time that bitcoin will be recognized as a world currency, but this is just think

Zacudis

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Bitcoin has already become a global currency, It did this when it was trading on the Stock markets, yes as a stock, but also as a currency if you look at the stock exchange you have all currencies traded, and then the commodities market is also Bitcoin. so it is in all levels of trade, and currency exchanges, this is what keeps it strong, and will make it stronger for days to come.

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Quote from: bitkilo on April 17, 2016, 08:58:26 PM

Quote from: terman45x on April 17, 2016, 06:34:10 PM

Quote from: Ulloa on April 17, 2016, 05:40:30 PM

Quote from: bitkilo on April 17, 2016, 06:55:45 AM

I would say bitcoin has always been a global currency since the 1st day it went live.
Think about it no matter where you were in the world as long as you had an internet conection and knew at least one other person with a wallet then you could send coins to each other.

Obtaining coins in say 2009 would not have been easy from most countries so i guess you could say that is becoming global.

At it start it has global potential, but since a few years it has become globally used. Which means progress.
In the future years to come i expect this to grow exponentially.

It has an potential to grow hugely but it doesn't promise that people will stop using fiat and will only use bitcoin for their day to day spendings, that is simply impossible.

Bitcoin will never replace fiat in any country around the world but it can and does get used by some for day to day spending.

I know a few people that make about 90% of all purchases and pay bills by bitcoin only.
If your like me and just hate banks then i try use bitcoin to pay for as much as i can.

If it does end up being used as paying bills aren't they afraid of the volatility of bitcoin. Not really useful as payment if it fluctuates so much.

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Quote from: terman45x on April 17, 2016, 06:34:10 PM

Quote from: Ulloa on April 17, 2016, 05:40:30 PM

Quote from: bitkilo on April 17, 2016, 06:55:45 AM

I would say bitcoin has always been a global currency since the 1st day it went live.
Think about it no matter where you were in the world as long as you had an internet conection and knew at least one other person with a wallet then you could send coins to each other.

Obtaining coins in say 2009 would not have been easy from most countries so i guess you could say that is becoming global.

At it start it has global potential, but since a few years it has become globally used. Which means progress.
In the future years to come i expect this to grow exponentially.

It has an potential to grow hugely but it doesn't promise that people will stop using fiat and will only use bitcoin for their day to day spendings, that is simply impossible.

Bitcoin will never replace fiat in any country around the world but it can and does get used by some for day to day spending.

I know a few people that make about 90% of all purchases and pay bills by bitcoin only.
If your like me and just hate banks then i try use bitcoin to pay for as much as i can.

terman45x

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Quote from: Ulloa on April 17, 2016, 05:40:30 PM

Quote from: bitkilo on April 17, 2016, 06:55:45 AM

I would say bitcoin has always been a global currency since the 1st day it went live.
Think about it no matter where you were in the world as long as you had an internet conection and knew at least one other person with a wallet then you could send coins to each other.

Obtaining coins in say 2009 would not have been easy from most countries so i guess you could say that is becoming global.

At it start it has global potential, but since a few years it has become globally used. Which means progress.
In the future years to come i expect this to grow exponentially.

It has an potential to grow hugely but it doesn't promise that people will stop using fiat and will only use bitcoin for their day to day spendings, that is simply impossible.

Ulloa

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Quote from: bitkilo on April 17, 2016, 06:55:45 AM

I would say bitcoin has always been a global currency since the 1st day it went live.
Think about it no matter where you were in the world as long as you had an internet conection and knew at least one other person with a wallet then you could send coins to each other.

Obtaining coins in say 2009 would not have been easy from most countries so i guess you could say that is becoming global.

At it start it has global potential, but since a few years it has become globally used. Which means progress.
In the future years to come i expect this to grow exponentially.

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Quote from: lixer on April 17, 2016, 03:02:57 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 ?

Yes, currently dollar is a global currency and if some other currency want to be the global currency it must have to be necessarily more greater than dollar.

We all know that bitcoin has a potential to grow in future but not that it can replace dollar very easily, dollar is the strongest currency of all and really difficult to imagine that any crypto can replace it in future.

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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 ?

Yes, currently dollar is a global currency and if some other currency want to be the global currency it must have to be necessarily more greater than dollar.

bitkilo

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https://www.bitcoin.com/

I would say bitcoin has always been a global currency since the 1st day it went live.
Think about it no matter where you were in the world as long as you had an internet conection and knew at least one other person with a wallet then you could send coins to each other.

Obtaining coins in say 2009 would not have been easy from most countries so i guess you could say that is becoming global.

greghansel89

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Quote from: diodio5 on April 17, 2016, 06:23:23 AM

Quote from: losoya on April 15, 2016, 04:57:31 PM

Lol, its becoming?

It already is a global currency, you can buy and sell thing with it everywhere around the world!!

yeah everyone in the world could use bitcoin is no exception of course it can be regarded as a global currency and all users from different countries use the same currency that is bitcoin. But the global currency should be able to include all human beings. but now users are still very few. I think we not yet achieve global currency

Yeah every people should know what bitcoin is and where they can sell or buy things with bitcoin as of now we are the only ones who know about bitcoin and people outside doesnt even bother to know what bitcoin is.

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Quote from: losoya on April 15, 2016, 04:57:31 PM

Lol, its becoming?

It already is a global currency, you can buy and sell thing with it everywhere around the world!!

yeah everyone in the world could use bitcoin is no exception of course it can be regarded as a global currency and all users from different countries use the same currency that is bitcoin. But the global currency should be able to include all human beings. but now users are still very few. I think we not yet achieve global currency

ajun96

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Quote from: benmartin613 on April 17, 2016, 02:00:59 AM

Quote from: Mr.grin on April 16, 2016, 12:37:52 PM

Quote from: rababo on April 15, 2016, 11:21:34 PM

I'm sure it will. It's just a matter of time.
Bitcoin is growing in popularity, and might be even used as a side currency somewhere in the future.

maybe it could be like that, bitcoin transactions are very fast and it is the excess bitcoin bitcoin is excellent to be used as currency. but it may take a very long time until a country accepts bitcoin as a global currency

Yes it will take a long time before any country would accept bitcoin and being a global currrency will help bitcoin be more used by people in different state or life.

yeah bitcoin will become a global currency if bitcoin has been accepted by all countries and that means all of the world's population could be using bitcoin in any country and shop without feeling worried about their currency differences.
but this time bitcoin is still not accepted by one single country. so we have to be more patient This will require a very long time

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Quote from: Mr.grin on April 16, 2016, 12:37:52 PM

Quote from: rababo on April 15, 2016, 11:21:34 PM

I'm sure it will. It's just a matter of time.
Bitcoin is growing in popularity, and might be even used as a side currency somewhere in the future.

maybe it could be like that, bitcoin transactions are very fast and it is the excess bitcoin bitcoin is excellent to be used as currency. but it may take a very long time until a country accepts bitcoin as a global currency

Yes it will take a long time before any country would accept bitcoin and being a global currrency will help bitcoin be more used by people in different state or life.

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Quote from: rababo on April 15, 2016, 11:21:34 PM

I'm sure it will. It's just a matter of time.
Bitcoin is growing in popularity, and might be even used as a side currency somewhere in the future.

maybe it could be like that, bitcoin transactions are very fast and it is the excess bitcoin bitcoin is excellent to be used as currency. but it may take a very long time until a country accepts bitcoin as a global currency

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Quote from: romero121 on April 16, 2016, 09:21:40 AM

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.

I think advertising is gonna make disaster than getting support from people. Because mass adoption will make more user move from other payment gateways. This will attract the government which is not good for the growing technology which is decentralized.

Advertising will bring good to bitcoin ofcourse there will still be some people that will doubt bitcoin and will still not use bitcoin even though its being advertise.

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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.

I think advertising is gonna make disaster than getting support from people. Because mass adoption will make more user move from other payment gateways. This will attract the government which is not good for the growing technology which is decentralized.

rababo

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I'm sure it will. It's just a matter of time.
Bitcoin is growing in popularity, and might be even used as a side currency somewhere in the future.

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Quote from: losoya on April 15, 2016, 04:57:31 PM

Lol, its becoming?

It already is a global currency, you can buy and sell thing with it everywhere around the world!!

Bitcoin really can't become a global currency cause bitcoin can't beat dollar now. Maybe in far future bitcoin will but now limit is "global crypto currency".

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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.

yeah bitcoin scattered in many countries around the world. but for a number of users still very small This certainly can not be said as a global crrency. because there is still a little adopter need a long time to reach it

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