Topic: Bitcoin is Becoming a Global Currency - page 127. (Read 226404 times)

i think bitcoin already become global currecny,in my definition global currecny is currency that accepted in so many contries,and now we all already known that bitcoin is accepted in so many countries,bitcoin not must be real money to be global currency,and undecentralized not make bitcoin not accepted,it just matter of time.

Bitcoin will be used more in future for sure, but I don't think that it will be used by each and everyone across the globe, and if it has to be a global currency then it should be used by all.

Can Bitcoin be the Global choice for people who do not want to be "controlled by the government" ?

Bitcoin is not yet the global currency because it's not used by the major part of people worldwide, but i think it can potentially being the first used currency soon

Since we are trading all days bitcoins with others people bitcoin has achieved a global traded currency as dollar and others currencies.Bitcoin isnt yet mainstream but its on the road and we will be able to get it around the next 25 years i believe.

Bitcoin is already a global currency nowadays, as it's used worldwide and could being earned everywhere, and accepted as payment method in some big marketplaces as well

On the virtual world it will definitely be a global currency, as it is a currency of everyone and is not owned by a specific country.

Is a global currency because there are people using it in lot of countries. For now few people but is growing its base of users.

Agreed only a very small percentage of world population is using bitcoin, but when the history of bitcoin becomes equal to dollar it may be partly used equal to some national currency.

Even is we pass paypal bitcoin cant be a global currency because most people are using fiat and users of bitcoin is just about 1-2% of the people who uses fiat.

I think to be the online payment method on the internet. bitcoin still less popular with paypal.
we must pass through paypal before becoming a global currency and it is a difficult thing

This depends on how well connected each person in that country.  If they operate many transactions like a dealer then yea its a valid point, in a network that'd be called a node I think or point of presence as indirectly many have a link to bitcoin through that one person.
However most people are really strictly small time, and there is tons of people who just hold a wallet and do zero with their bitcoin just hoping it goes somewhere magically by itself.   Of course it has to be used and this idea of global rests on connections through active users thereby raising indirect contact through a population of their country


This is true but also USSR banned dollars during its regime and US dollars were very widely used in USSR even while banned as the notes were useful and far more reliable then the countrys own currency.   So yes banned but still global.
 Nobody could argue dollars are not global and I believe they are still banned in circulation some places.  Argentina might be one place or at least heavy currency control is in place where you are only allowed to buy dollar at a heavy profit to official government dealers.   Obviously people opt to take the least expensive route which is black market prices and free exchange of currency, smugglers but really the nature capitalism is that money is carried by people not dictated by a central body, hopefully bitcoin stays on that route

youre pretty much saying it has a fighting chance at the us dollar.

which you already know the us dollar has been dead with its covered value for the longest time which everyone still wants apparently.

I also think BTC is turning into a global currency slowly since people are interested on online currency like BTC and it is also quite popular between merchants and some of the online sites are also started accepting BTC as alternative methods so we can say that BTC is in a way to being a global currency

True but if it will be profitable for countries they will unban bitcoin for sure. Now it's not real for bitcoin to become a global currency but if fututre who knows..

Ngee bitcoin cannot become world currency because some countries banned bitcoin.

And banks will surely find a way so bitcoin will fall.
Also we need fiat to change to bitcoin then send to around the world.

So would you call it "world money" yet?
That is what first see as global currency. Can be taken anywhere in the world, kind of like visa's tag line on their commercials years ago.

Bitcoin is already a global currency since it is used around the world. That's a fact. But it's just a matter of time before we see the popularity and usage increase. If we manage to realize a growth of at least 25% per year, then it's a great achievement.

I think rather then whole global currency approach.

Have we thought up as a universal travel-ex moment where people exchange money at the airports for that countrys currency.

I see it like that as more of use and can be the same as travel ex does for all airports. Or if a airport adopts this bitcoin to improve their service industry as currency exchange.

Every country has at least a single person who use bitcoin. So in one form it has already a global currency but in other terms of controllability and global acceptance it takes time to emerge as a global currency.