Bitcoin is Becoming a Global Currency - page 125.

malphite

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Quote from: The Sceptical Chymist on April 05, 2016, 07:08:18 PM

BAH!! Bitcoin is a horrible currency. Are people actually spending their bitcoin? If you look at the goods section of this forum--and this is probably the most active place--the economy is very small and people seem very reluctant to spend their bitcoin. I don't know, I've said it before but I view bitcoin as a way to store value, gamble, and speculate. It's not good as a real currency.

It maybe horrible as a currency.

But I`m sure it`ll be used for something else? if its not primary for currency conversion or something similar in the money services sector.

0day

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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.

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Quote from: Indrawan77 on April 06, 2016, 08:10:35 PM

Its still very far away from happening and i think that wont be possible, because bitcoin is not tangible, so if bitcoin become global currency all of our transactions is going to become internet based, imagine the electricity that being consumed when this happened

Well, that's true,, the power that we will be consuming will not be a joke if it become a global currency.. But, if everyone would be into renewable and clean energy, perhaps power consumption will not be a problem..

Indrawan77

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Its still very far away from happening and i think that wont be possible, because bitcoin is not tangible, so if bitcoin become global currency all of our transactions is going to become internet based, imagine the electricity that being consumed when this happened

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Quote from: Yakamoto on April 05, 2016, 10:55:47 AM

Quote from: fkvidar on April 05, 2016, 10:42:54 AM

Quote from: Piltover on April 05, 2016, 10:38:55 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.

A lot of people know about Bitcoin, the thing is not all of them want to use it for one reason or another. Most of the people I've seen interested in Bitcoin are people who are relatively younger, and are more open to new things. I haven't seen anyone over the age of 40 who doesn't think it is a failed investment or it has no future or whatever other argument they have against it.

Only countable number of people are into bitcoin over the entire world, but as mentioned above when this youngsters reach the age of 50 the user rate might be much high and might get used as our regular currencies but never as a global currency.

The Sceptical Chymist

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BAH!! Bitcoin is a horrible currency. Are people actually spending their bitcoin? If you look at the goods section of this forum--and this is probably the most active place--the economy is very small and people seem very reluctant to spend their bitcoin. I don't know, I've said it before but I view bitcoin as a way to store value, gamble, and speculate. It's not good as a real currency.

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Quote from: Yakamoto on April 05, 2016, 10:55:47 AM

Quote from: fkvidar on April 05, 2016, 10:42:54 AM

Quote from: Piltover on April 05, 2016, 10:38:55 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.

A lot of people know about Bitcoin, the thing is not all of them want to use it for one reason or another. Most of the people I've seen interested in Bitcoin are people who are relatively younger, and are more open to new things. I haven't seen anyone over the age of 40 who doesn't think it is a failed investment or it has no future or whatever other argument they have against it.

Satoshi is over the age of 40.

Yakamoto

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Quote from: fkvidar on April 05, 2016, 10:42:54 AM

Quote from: Piltover on April 05, 2016, 10:38:55 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.

A lot of people know about Bitcoin, the thing is not all of them want to use it for one reason or another. Most of the people I've seen interested in Bitcoin are people who are relatively younger, and are more open to new things. I haven't seen anyone over the age of 40 who doesn't think it is a failed investment or it has no future or whatever other argument they have against it.

fkvidar

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Quote from: Piltover on April 05, 2016, 10:38:55 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.

Piltover

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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.

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Quote from: zalucia on April 05, 2016, 09:48:14 AM

I use the bitcoin to buy online goods. I also sell things to get bitcoin. I send the bitcoin to friends in other countries. So it is a global currency to me.

LOL. you're right, maybe for us it is the Global Currency, but for the general public, only bitcoin digital currency. but maybe someday bitcoin will become a real Global Currency in the world Grin

zalucia

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I use the bitcoin to buy online goods. I also sell things to get bitcoin. I send the bitcoin to friends in other countries. So it is a global currency to me.

Lokfar

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You can see that Bitcoin is already a global currency because it is all used internationally and that is quite good for Bitcoin and for the economics, and also for the future.
But there are not that many people that is using Bitcoin, it will be nice if there will be more.

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I see it now as a global currency but just not use as a main currency specially online. Still there are some who prefer it the other way. Yes it is online but they want it sent through their own currencies.

I see there are many users also at Asia or is it just because it is more populated.

talkbitcoin

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All I know is that I know nothing.

well, bitcoin is a Global currency, since it doesn't belong to any nation and everybody is free to use it as they like and they don't have to sign up to any service or obey any of their rules or get blocked because they didn't follow them.

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Quote from: NewInCryptoCurrency on April 05, 2016, 03:24:08 AM

I think Bitcoin will be after 2 years very popular and 1 of the most used payment method in the world, and that can be very good in the future and for Bitcoin.
Bitcoin is rising in using because there are also a lot of people that will accept Bitcoin and also more stores that is accepting Bitcoin and that is quite good for Bitcoin itself.

yes I think probably within 5 years most of the local stores and malls will accept bitcoin as a payment. But replacing other currencies with bitcoin is a difficult task because some countries has framed opposition laws against bitcoin..

NewInCryptoCurrency

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I think Bitcoin will be after 2 years very popular and 1 of the most used payment method in the world, and that can be very good in the future and for Bitcoin.
Bitcoin is rising in using because there are also a lot of people that will accept Bitcoin and also more stores that is accepting Bitcoin and that is quite good for Bitcoin itself.

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Quote from: losoya on April 02, 2016, 10:59:07 PM

Quote from: romero121 on April 02, 2016, 10:58:27 PM

Quote from: ronaldinho_07 on April 02, 2016, 08:13:38 PM

Well together we can make it happen and achieve such goal but bitcoins be everywhere would be something amazing.And i just hope to be alive to see it happen.

Bitcoin will evolve as a global currency when bitcoin usage among the world population around 5 to 10% within few years.

I expect that in the next 5 years to be frank, but it can be as long as 10 year if we are slow!

I feel just 5 or 10 year as a very less time to reach a user percentage of around 5 - 10%.

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Quote from: NordicRanger on April 04, 2016, 08:32:43 AM

Quote from: romero121 on April 02, 2016, 10:58:27 PM

Quote from: ronaldinho_07 on April 02, 2016, 08:13:38 PM

Well together we can make it happen and achieve such goal but bitcoins be everywhere would be something amazing.And i just hope to be alive to see it happen.

Bitcoin will evolve as a global currency when bitcoin usage among the world population around 5 to 10% within few years.

You can see that Bitcoin is already used all over the world and that can be so nice, you see that the popularity is rising in using of Bitcoin and that is very nice.
Bitcoin is already a global currency I think, because it is now also more acceptable.

Its popularity might be rising, but you need some metric before it can be called a global currency.
At how many airports can you change bitcoin into local currency? Probably none.

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Quote from: NordicRanger on April 04, 2016, 08:32:43 AM

Quote from: romero121 on April 02, 2016, 10:58:27 PM

Quote from: ronaldinho_07 on April 02, 2016, 08:13:38 PM

Well together we can make it happen and achieve such goal but bitcoins be everywhere would be something amazing.And i just hope to be alive to see it happen.

Bitcoin will evolve as a global currency when bitcoin usage among the world population around 5 to 10% within few years.

You can see that Bitcoin is already used all over the world and that can be so nice, you see that the popularity is rising in using of Bitcoin and that is very nice.
Bitcoin is already a global currency I think, because it is now also more acceptable.

All i can say. Is yes ts becoming global money cause many people nationalities already aware of bitcoin . How can be transacted. And they found the oppurtunities of bitcoin so they will stake to it. Unlike paypal it has a huge fee by transfering it to ur bank notes.

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