Bitcoin is Becoming a Global Currency - page 123.

romero121

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Quote from: Hellacopter on April 15, 2016, 12:00:20 PM

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.

Crazygreek

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Quote from: losoya on April 15, 2016, 05:57:31 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".

DeDordtenaar

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Quote from: Hellacopter on April 15, 2016, 12:00:20 PM

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

losoya

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Lol, its becoming?

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

umaOuma

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Quote from: john2231 on April 15, 2016, 01:51:34 PM

I think bitcoins is gradually will be a global currency because some stores online are accepting bitcoin as payment and i think it will happen after few years.. or in this following years...

It will take long time to become a global currency as it is not popular at a moment and once it gains popularity it will become more powerful in future but I don't think it can become global currency.

john2231

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I think bitcoins is gradually will be a global currency because some stores online are accepting bitcoin as payment and i think it will happen after few years.. or in this following years...

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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 it should be ... I think in the next few years this will forming a decentralized 'world currency' more than before

AndySt

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Quote from: hawkins on April 15, 2016, 12:50:39 PM

Quote from: Hellacopter on April 15, 2016, 12:00:20 PM

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 totally agree, except that not everyone knows how to use and the storage bitcoin the moment, so it may take a very long time, and need the support of governments and the world

Given accelerating technological progress, I think it's for a very long time may not be so long Grin

hawkins

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Quote from: Hellacopter on April 15, 2016, 12:00:20 PM

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 totally agree, except that not everyone knows how to use and the storage bitcoin the moment, so it may take a very long time, and need the support of governments and the world

BitcoinMalaysia

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Bitcoin is already a global currency. You can earn it, spend it, save it, invest it.

Invest globally with bitcoin. Wealthfront for bitcoin.
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Hellacopter

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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.

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Quote from: Oscoda on April 15, 2016, 11:22:55 AM

Quote from: blackmachinegun on April 15, 2016, 10:55:49 AM

Quote from: BTCBinary on April 13, 2016, 10:07:26 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 ?

I also think its highly unlikely it will take a lot of years to accomplish this, most likely it will not be accomplished this couple years.
I really think the bitcoin would need a lot more years to do this, maybe even more than 15 years..

Yeah not that easy to become a global currency it will take long time as majority of the people are not aware about bitcoin at moment, mass adaption can make it possible.

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Quote from: blackmachinegun on April 15, 2016, 10:55:49 AM

Quote from: BTCBinary on April 13, 2016, 10:07:26 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 ?

I also think its highly unlikely it will take a lot of years to accomplish this, most likely it will not be accomplished this couple years.
I really think the bitcoin would need a lot more years to do this, maybe even more than 15 years..

blackmachinegun

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Quote from: BTCBinary on April 13, 2016, 10:07:26 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 ?

Dr.Osh

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Well, can not wait for it, maybe we will be the people who are cool because it already knows about bitcoin, but I'm sure if it happens, may need dozens or even hundreds of years in order to bitcoin could be a world currency

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Quote from: Denker on April 15, 2016, 06:53:31 AM

I would be already happy if Bitcoin could become the most known and used money for the internet in the next 10 years.
Just this niche could give Bitcoin an incredible boost in it's value. But to achieve that a lot of the infrastructure has to improve and grow.

i think bitcoin as the ultimate internet currency will definitely happen at some point. just look at how many people are unhappy with paypal and other payment services. that all is very good news for bitcoin. i hope it will push these people closer to bitcoin in the coming years.

Denker

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I would be already happy if Bitcoin could become the most known and used money for the internet in the next 10 years.
Just this niche could give Bitcoin an incredible boost in it's value. But to achieve that a lot of the infrastructure has to improve and grow.

rio3233

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Quote from: Corenin on April 14, 2016, 06:26:49 PM

Let it be only a digital currency only then it can be helpful for us,we don't want it to be a global currency and if it does then who's gonna take care of Government's interference and will we still use it if it becomes centralized? I don't think so.

I don't think bitcoin will be the only one when digital currencies become popular. There will be many online money, but i'm sure bitcoin can be popular currency when digital currencies popular.

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Quote from: Corenin on April 14, 2016, 06:26:49 PM

Let it be only a digital currency only then it can be helpful for us,we don't want it to be a global currency and if it does then who's gonna take care of Government's interference and will we still use it if it becomes centralized? I don't think so.

yes, it cannot work as a global currency simply since it is defined to be a virtual currency and not more.

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