Bitcoin is Becoming a Global Currency - page 124.

lissandra

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Quote from: xht on April 14, 2016, 05:09:38 PM

Quote from: ElpadroBitcoin on April 14, 2016, 05:10:23 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.

To think the future of money is anything but virtue is absurd, bitcoin or other cryptocurrencies can't become a global currencies.

We can technically have the fiat money adopt it with new prints.

But thats my dellusional talk hoping something great would happen. We can just hope everyone would adopt the bitcoin debit card though..

Corenin

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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.

marcus_of_augustus

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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.

xht

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Quote from: ElpadroBitcoin on April 14, 2016, 05:10:23 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.

To think the future of money is anything but virtue is absurd, bitcoin or other cryptocurrencies can't become a global currencies.

expert4knowledge

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Quote from: YTBitcoin on April 14, 2016, 03:52:07 PM

Yes, bitcoin will definitely become a global currency in the coming future or maybe after some years, but it will be. As bitcoin has potential to be that. People are also preferring it as their currency for the transactions of international payments etc.

Bitcoin is a virtual type of trade or currency and it needs to have more regulations and rules to become a global currency.

YTBitcoin

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Yes, bitcoin will definitely become a global currency in the coming future or maybe after some years, but it will be. As bitcoin has potential to be that. People are also preferring it as their currency for the transactions of international payments etc.

Carlsen

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Quote from: Sandroxa on April 14, 2016, 02:29:03 PM

Quote from: danherbias07 on April 14, 2016, 05:55:40 AM

Quote from: ElpadroBitcoin on April 14, 2016, 05:10:23 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.

It is not in its way, it is already global. You just need internet and you can get some bitcoin buying it online. The problem is if internet connection can reach those far places or provinces.

You see indeed that Bitcoin is getting more used now in the future and that is quite good for the currency it self because how more used how better it is for it.
But it is not that big enough because it is not everywhere acceptable and that must change.

The availability of internet in the world will inrease soon a lot. Google & Facbook are planing drones, balloons, satelites or whatever to bring internet into every corner of the world.
So many more people will have the chance to use bitcoins. In placecs wher the next bank is 100 miles away.
There will be a lot of potential for bitcoin in this developement.

expert4knowledge

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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 am dubious about calling bitcoin a currency, since it is not supported by a bank or a national economy or reserves but it is becoming more widespread.

Sandroxa

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Quote from: danherbias07 on April 14, 2016, 05:55:40 AM

Quote from: ElpadroBitcoin on April 14, 2016, 05:10:23 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.

It is not in its way, it is already global. You just need internet and you can get some bitcoin buying it online. The problem is if internet connection can reach those far places or provinces.

You see indeed that Bitcoin is getting more used now in the future and that is quite good for the currency it self because how more used how better it is for it.
But it is not that big enough because it is not everywhere acceptable and that must change.

uname

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Quote from: ElpadroBitcoin on April 14, 2016, 05:10:23 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.

yeah we are still in the stage to make bitcoin as a popular currency. it took quite a long time dude
until bitcoin could become popular and mainstream so that it is now still on the way to becamo global currency

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Quote from: ElpadroBitcoin on April 14, 2016, 05:10:23 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.

Actually bitcoin is still not a global currency because it is only used by a few people and it is only available online,if 1/4 of the people of the world use bitcoin then it can be a global currency.

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Quote from: ElpadroBitcoin on April 14, 2016, 05:10:23 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.

It is not in its way, it is already global. You just need internet and you can get some bitcoin buying it online. The problem is if internet connection can reach those far places or provinces.

ElpadroBitcoin

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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.

BTCBinary

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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

maudevang

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Quote from: fkvidar on April 05, 2016, 11:42:54 AM

Quote from: Piltover on April 05, 2016, 11:38:55 AM

I do not think it will ever be a global currency although its possible for sure without even a doubt, the fact is now that you can already see signs that it has a chance its growing very fast these days.
Plus its also getting more popular day by day due to the things that are happening.

Bitcoin will be more powerful currency in future, but expecting that everyone will be using it in future seems to be impossible or impractical as it will take a long time for people to know about bitcoin.

Bitcoin will be a strong currency in the future, as you can see you see that the value of Bitcoin is getting more and more and that is nice for Bitcoin itself and for the future also.
You also see that it is becoming also more popular and more used and that is also nice for Bitcoin.

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Quote from: Drelav on April 11, 2016, 07:17:46 AM

Bitcoin will be many used in the future and that is nice for the people who already have Bitcoin, it will be perfect if Bitcoin is later more acceptable so more people will get to know about it and that is nice.

The bad thing is that nobody will know what the value will be of Bitcoin and that they should take some risks if they are going to sell or buy it.

That is what we are foreseeing in the future, a good currency that can make transactions easier specially in the online world. There are so many online wallets there but there is really something better with bitcoin.

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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.

yes slowly, but bitcoin adopts to world and soon it will really be global currency, it might and probably will take some time, like 20 years, but if bitcoin won't die till that time then it have really high chances to become global currency if people will use it like they do now, it is very popular now so i imagine how popular he will be bit later

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Bitcoin will be many used in the future and that is nice for the people who already have Bitcoin, it will be perfect if Bitcoin is later more acceptable so more people will get to know about it and that is nice.

The bad thing is that nobody will know what the value will be of Bitcoin and that they should take some risks if they are going to sell or buy it.

goinmerry

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Quote from: 0day on April 07, 2016, 07:15:28 AM

Yes, it is sure, but acording to my views it is only in the virtual case. It will be a global currency only on digital world, within a few years everyone will adopt it and everyone will prefer bitcoin for any of their deal, transaction and payment.

Good thinking. The only problem would be the way to make it back to fiat. Example is an Irish and a Filipino would like to transact something online. They will now choose bitcoin as a means of exchange. Will both party exchange the bitcoin back to fiat once the transaction is done? Bank connections or exchange machines will be needed.

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Quote from: OrangeII on April 10, 2016, 11:44:09 AM

Quote from: 0day on April 07, 2016, 07:15:28 AM

Yes, it is sure, but acording to my views it is only in the virtual case. It will be a global currency only on digital world, within a few years everyone will adopt it and everyone will prefer bitcoin for any of their deal, transaction and payment.

I agree if you said it was only for the digital world, but for the world I do not, very many advantages of dollars, and I think this time people still consider bitcoin is just an expensive coin

It's true and i am agrre with you both. Bitcoin and global currency - unreal. As crypto currency bitcoins is top 1 and we all know it for sure.

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