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Topic: Bitcoin is Becoming a Global Currency - page 125. (Read 226365 times)

hero member
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April 10, 2016, 11:44:09 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
legendary
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April 10, 2016, 09:40:08 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.

it is main currency in black markets now, so with time it should be global too, people uses more and more bitcoins now so price rises, also halving will rise price, and higher price means that more people will use it, and if more people will use it, it might become global currency soon
However it is a main currency that doesn't matters, it can be made global but it is hard to make it as a global currency, it is doubtful that every government accept bitcoin.
sr. member
Activity: 252
Merit: 250
April 10, 2016, 05:30:38 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.

it is main currency in black markets now, so with time it should be global too, people uses more and more bitcoins now so price rises, also halving will rise price, and higher price means that more people will use it, and if more people will use it, it might become global currency soon
hero member
Activity: 658
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April 10, 2016, 03:00:07 AM
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
bitcoin can be used in cellphones and laptops that use a battery that is not directly without using electricity. after all most people are using electricity and it's not a problem if bitcoin using existing technologies.
Lighten up now green electricity will be present for the future is friendly to nature.
sr. member
Activity: 252
Merit: 250
April 10, 2016, 01:56:00 AM
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.
hero member
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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.
global moderator
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April 07, 2016, 06:03:39 AM
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..
hero member
Activity: 1274
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April 06, 2016, 09:10:35 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
legendary
Activity: 3206
Merit: 1213
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April 06, 2016, 05:46:13 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.
legendary
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April 05, 2016, 08:08:18 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.
legendary
Activity: 3920
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April 05, 2016, 07:59:38 PM
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.
legendary
Activity: 1218
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April 05, 2016, 11:55:47 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.
hero member
Activity: 924
Merit: 1000
April 05, 2016, 11:42:54 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.
sr. member
Activity: 364
Merit: 250
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.
hero member
Activity: 2072
Merit: 503
April 05, 2016, 11:35:17 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
sr. member
Activity: 252
Merit: 250
April 05, 2016, 10:48:14 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.
sr. member
Activity: 364
Merit: 250
April 05, 2016, 10:44:33 AM
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.
legendary
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April 05, 2016, 08:30:44 AM
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.
legendary
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April 05, 2016, 07:39:38 AM
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.
legendary
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April 05, 2016, 06:02:40 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..
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