Topic: Bitcoin is Becoming a Global Currency - page 24. (Read 226365 times)
Is a world-wide currency because there are folks employing it in whole lot of countries. For now handful of folks but is developing its foundation of customers.
Bitcoin is presently a international forex these days, as it's utilized around the world and could currently being gained all over the place, and acknowledged as payment approach in some massive marketplaces as properly
Despite of bitcoin popularity worldwide there are still a lot of country that doesn't accept or use bitcoins as payments just like our country. We know about bitcoins and many filipinos are actually earning it but we still have to sell or convert our bitcoin to our local money so that we can use it. There are no businesses and merchandisers accepts bitcoin here. So i can say that its not yet a global currency. I hope someday we can use bitcoin anywhere we go.
Bitcoin is already world wide currency. Every day i see more and more things selling by bitcoin. What is more interesting people don't buy this things you know why? Because bitcoin is worth more for them than a car, bike, etc. So we should draw conclusions.
There are only few countries that accept bitcoin, but the bitcoin users are not only from countries which accept bitcoin, so I agree that bitcoin is already become a global currency. But if bitcoin is legalize by government, the adoption of bitcoin as payment option will grow faster. Now, japan has give more attention to bitcoin, japan financial service agency has officially licensed 11 bitcoin exchanges as part of government's move to bring cryptocurrency trading under supervision. 
Bitcoin is already world wide currency. Every day i see more and more things selling by bitcoin. What is more interesting people don't buy this things you know why? Because bitcoin is worth more for them than a car, bike, etc. So we should draw conclusions.
I agree that bitcoin is more worthy than other things.So people don't wanna spend it now.I think bitcoin is already become world currency you can use BTC to anywhere if you have internet you can exchange BTC into any countries currency.
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.
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.
Not global currency totally, there are still some countries that don't accept bitcoin. Here in Philippines, there are still some establishment that don't accept bitcoin. Only few establishments and businesses accept bitcoin for transactions. I hope in the future, bitcoin can be used anywhere and anytime.
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.
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.
Its great that you were able to notice this as this the proof that bitcoin along with other coins such as ethereum etc, are going to replace the current monetary system.
I don't think that cryptocurrency can replace the current monetary system because it would be hard for the countries to adopt cryptocurrencies as replacement because there are others who doesn't have a proper internet connection so transaction would be hard. There are countries that are behinnd the technology so it would be hard to introduce a new one if they don't even have access to the technology today. Besides, ethereum is for smart contracts and they don't have the same usage as bitcoin.
Traditional currency has a downside in terms of financial crisis so I think bitcoin is a solution to get rid of the consequences left due to the financial crisis in the global economy. Bitcoin network experiences world demand eventhough the countries were suffering from inflation and demonetization in the traditional currency this bitcoin and blockchain technology has played a vital role in uplifting the global economic conditions and raising the standards of the people.The increase in the value of bitcoins to $5627 shows that bitcoin can move to the mainstream of global financial markets, bitcoin has become a feasible investment asset.
I am not seeing any effect on the economic condition of countries made by cryptocurrency directly at-least for now. It hasn't generated any jobs yet. What we are getting right now is another source of income (part time job).
The value that we are seeing on the exchanges are merely only affected by the increase in demand for it. Countries don't even get anything from it right now, no taxes are being collected yet.
Maybe industry who are earning from it are those who produces equipment that are used for mining and those who generates electricity to run those mining. but for the normal people not much of an effect right now.
But Bitcoin has a bright future ahead of it. Growth in the number of people trusting it is promising, people who were here first will have a big advantage to those who were not.
Seen at now bitcoin like the global currency that has been widely used by many people to transact in accordance with what they need, it's just possible from some governments of each country haven't officially authorized using of bitcoin into the legitimate currency in the country.
However there are already some countries have officially announced using of bitcoin as a legitimate currency classification for transactions, and bitcoin regulation is governed by institution within its government. And I think other countries also should following that footsteps for the sake of efficiency and also transparent in transactions and the progress of country closer to development of internet technology, especially this digital currency (bitcoin) that can be reduce unemployments / poverty.
However there are already some countries have officially announced using of bitcoin as a legitimate currency classification for transactions, and bitcoin regulation is governed by institution within its government. And I think other countries also should following that footsteps for the sake of efficiency and also transparent in transactions and the progress of country closer to development of internet technology, especially this digital currency (bitcoin) that can be reduce unemployments / poverty.
Traditional currency has a downside in terms of financial crisis so I think bitcoin is a solution to get rid of the consequences left due to the financial crisis in the global economy. Bitcoin network experiences world demand eventhough the countries were suffering from inflation and demonetization in the traditional currency this bitcoin and blockchain technology has played a vital role in uplifting the global economic conditions and raising the standards of the people.The increase in the value of bitcoins to $5627 shows that bitcoin can move to the mainstream of global financial markets, bitcoin has become a feasible investment asset.
Still not yet and might took more years for bitcoin to become a global currency but as we can see, lots are making moves to spread bitcoin across the world and more investors are coming day by day. So even if it doesn't become global currency in a few years yet, atleast i'll become more known to people.
for bitcoin becoming a world-wide currency first it need to have to be employed above all website as an on-line payment. now the numbre of internet site employing bitcoin expand day by day.and right after bitcoin get to that it will be utilised in stores and other issues and in that instant we can say that bitcoin is a world-wide forex.it have a lengthy way to pass and that will just take a prolonged time but if it continu like that it will come a day to reach that purpose.
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.
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.
Not global currency totally, there are still some countries that don't accept bitcoin. Here in Philippines, there are still some establishment that don't accept bitcoin. Only few establishments and businesses accept bitcoin for transactions. I hope in the future, bitcoin can be used anywhere and anytime.
Bitcoin is already world wide currency. Every day i see more and more things selling by bitcoin. What is more interesting people don't buy this things you know why? Because bitcoin is worth more for them than a car, bike, etc. So we should draw conclusions.
It has almost become a Global Currency in the current Market. Every fiat has risen its rate on bitcoin. its all upto bitcoins immense growth in the current Market.
Yes gradually if we look at the popularity of this crypto currency we will come to know that it is famous globally and if we say that in the future bitcoin will be global currency it will not a false idea. Because bitcoin is famous throughout the world. Every society is coming towards this currency and it will help them in financial problems.
Bitcoin is becoming a global currency day by day and very soon it'll be worldwide.In near future we can trade bitcoin from every country in this world
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.
Definitely yes and we can not complain about it, finally managed to conquer most of the world and popularization will go on and it will reach everywhere. 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.
Growing popularity and acceptance of BTC among the people all around the globe make it so-called GLOBAL CURRENCY. But I think it should be called the INTERNET OFFICIAL CURRENCY coz it being digital in form, it could be accessed through internet only. People who are technological unaware has never heard about such currency.
Yes bitcoin is becoming a global currency because of its popularity and value that gives interest to every investors and keep on investing to it.
The popularity of the bitcoin is increasing more and more so it’s good to hold your bitcoin and make the bitcoin as the global currency, in the future the value of the bitcoin will be high end eh future of the bitcoin will be bright as compare to the other crypto currency. The future of the bitcoin is now very bright and the use of the bitcoin will be more than this. The bitcoin is going to be the global currency and the value will be more than this. Jump to: