Bitcoin is Becoming a Global Currency - page 33.

NoNetwork

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Quote from: NUFCrichard on March 08, 2015, 02:40:14 PM

Quote from: specgamer on March 08, 2015, 02:27:30 PM

Certainly, bitcoin is becoming a world wide currency, and will grow bigger in the future. Half of the places I go now, all except bitcoin. Wink

I guess that's a good thing for us investors. BTC

A global currency, yes. A major global currency, unfortunately not, and it seems a long way off happening too..
There is a long list of countries that are being screwed over with negative interest rates and massively devalued currencies, people in these countries would have done very well getting their money into bitcoin a few months ago, but as can be seen by the low price, they aren't really doing that.

I guess price volatility is still too high, or upwards price volatility too low for people to be tempted in on mass.

Well as far as I know mate, Bitcoin was made as a global currency since all people can use it, even if some countries have already banned it for some reason that it would greatly affect the livelihood of their people still everyone I mean anyone can still use it.

Even if the volatility of price is not that great we can still consider Bitcoin as a phenomenal coin. It is still great for investing, you'll catch some big fishes for sure.

Ankhesenamun

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Bitcoin is significantly different from all coins. And its main difference is the lack of territorial linkage. And this suggests that bitcoin since its inception was a global currency

Yaramrd

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Quote from: djselery on August 20, 2017, 02:04:20 PM

Bitcoin is already a global currency since its creation. Its available worldwide for everyone having access to the internet connection. In addition it is decentralized, so you don't need to create accounts and verify your identity. So it is obviously a global currency

Yes you are right because companies like Microsoft are now accepting Bitcoins and other companies are also now thinking to start accepting Bitcoins. In Pakistan you can purchase cellular minutes with Bitcoins and convert it easily to paper money or transfer it to your bank account

ashaksagnis

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i think bitcoin is becoming a worldwide currency . i think after 1-2 years all people will know about bitcoin for sure

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Quote from: altgamerf4 on August 21, 2017, 11:04:49 AM

Bitcoin can already be called a global currency, but it needs to gain even more popularity so that everyone does not know about and could use anywhere without the need for an exchange for ordinary money.

Bitcoin is already accepted globally and used globally as an global currency. Bitcoin is best in terms of trading globally.
Also bitcoin has many advantages that attracts new users and even many new countries. Now also many governments are starting some seminar about bitcoins for increasing the knowledge of bitcoins for peoples. Bitcoin just needs to reduce the transaction fees and yes then it will be more profitable.

altgamerf4

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Bitcoin can already be called a global currency, but it needs to gain even more popularity so that everyone does not know about and could use anywhere without the need for an exchange for ordinary money.

NoNetwork

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Quote from: Isaacck1 on August 20, 2017, 05:45:26 PM

I think it was intended to be a global currency, and it is now. Before bitcoins were introduced as far as I know there were no currency that you can use to buy anything anywhere. Today you can use bitcoin at some parts of the world . Unlike dollar, you have to exchange it to Peso in order to spend it in the Philippines. Bitcoin is still in progress, we just have to wait for it to grow to its ultimate form. It doesn't have to defeat dollar or gold, it just needs to exist.

Well as far as I know it already defeated gold in values atleast, so maybe the dollars would be next in the list. Again it will be just in values, because for now dollars also have so much advantage over Bitcoin.

But it is true that it was intended to be as a global currency, well that explains the decentralized approach of these coins (including altcoins).

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Quote from: BartS on August 20, 2017, 04:44:08 PM

Quote from: djselery on August 20, 2017, 02:04:20 PM

Bitcoin is already a global currency since its creation. Its available worldwide for everyone having access to the internet connection. In addition it is decentralized, so you don't need to create accounts and verify your identity. So it is obviously a global currency

Bitcoin has been a global currency from the beginning but at those stages bitcoin was not really useful since you could not do much with it, but now things have changed dramatically since you can buy all kind of stuff and pay for services all over the world, and as adoption grows then it will come to the point where you will not have to convert your bitcoin to fiat anymore and you could travel to any country and expect that someone there accepts bitcoin as a payment option.

I also think that bitcoin is a global currency from very beginning because it is providing good opportunities to people to make money. even in future we can expect that bitcoin will continue giving opportunities to people to make more money from bitcoin. i think those people who have experience in trading they have good opportunities to make money.

Isaacck1

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I think it was intended to be a global currency, and it is now. Before bitcoins were introduced as far as I know there were no currency that you can use to buy anything anywhere. Today you can use bitcoin at some parts of the world . Unlike dollar, you have to exchange it to Peso in order to spend it in the Philippines. Bitcoin is still in progress, we just have to wait for it to grow to its ultimate form. It doesn't have to defeat dollar or gold, it just needs to exist.

Cofee.BLUE

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Quote from: benjamindees on March 28, 2014, 03:31:21 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.

Indeed. The reason for that rise of bitcoin that bring it to the top of being the future global currency are the people who have been supporting bitcoin cryptocurrency along the way because they have already experienced and witnesssed its benefits it can give. So the possibility for bitcoin to be a global currency is really visible due to the rising demands of bitcoin users to make bitcoin as a legal usage not just in nation but worldwide

BartS

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Quote from: djselery on August 20, 2017, 02:04:20 PM

Bitcoin is already a global currency since its creation. Its available worldwide for everyone having access to the internet connection. In addition it is decentralized, so you don't need to create accounts and verify your identity. So it is obviously a global currency

Bitcoin has been a global currency from the beginning but at those stages bitcoin was not really useful since you could not do much with it, but now things have changed dramatically since you can buy all kind of stuff and pay for services all over the world, and as adoption grows then it will come to the point where you will not have to convert your bitcoin to fiat anymore and you could travel to any country and expect that someone there accepts bitcoin as a payment option.

ASHLIUSZ

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Quote from: Doamader on August 20, 2017, 01:54:44 PM

Since its firsts days bitcoin were traded and exchanged with others for a fee, bitcoin is already global, next years we might see bitcoin being used and be news over television as in the past. I keep shocked since it were to say something about it, for me bitcoin is already a worldwide currencie as well payment processor.

As stated bitcoin has already got an universal acceptance due to the conversion access that it has got. Being an global currency is not that easy, with bitcoin this too happened in a much earlier stage. Hope by the years to come the tremendous growth will make it accessible to the common people same as the fiat at present.

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Bitcoin is already a global currency since its creation. Its available worldwide for everyone having access to the internet connection. In addition it is decentralized, so you don't need to create accounts and verify your identity. So it is obviously a global currency

Doamader

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Since its firsts days bitcoin were traded and exchanged with others for a fee, bitcoin is already global, next years we might see bitcoin being used and be news over television as in the past. I keep shocked since it were to say something about it, for me bitcoin is already a worldwide currencie as well payment processor.

keeee

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Quote from: benjamindees on March 28, 2014, 03:31:21 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.

It is possible if the number of bitcoin users are consistently rising and becoming widely known wodwide. But the problem is that it is not legal and not under the government. As of today many other companies are accepting it and if this continuous it is surely possible.

Charot12345

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Yes, it is possible that bitcoin is a becoming global currency because almost all country are familiar in bitcoin. There are country that legalize bitcoin so it is not impossible for other’s too do that and it will become the currency already. We can tell that bitcoin become the global currency if all establishments or company accept bitcoin as term of payment.

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Quote from: Forhadm on August 16, 2017, 12:35:09 AM

In a few years ago when i do not join this side then i see this it was a local currency and that time i do not interested for this side, now a days its became developed day by day, now many people are interested for this Global currency side. i think it was success day by day.

Sure it will succeed because bitcoin is getting more popularity and the big businesses are now taking action about bitcoin and they are slowly making it as an alternative payment method on their business and because of that they can also promote bitcoin to be used by other people and it will lead for bitcoin for becoming a global currency.

Forhadm

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In a few years ago when i do not join this side then i see this it was a local currency and that time i do not interested for this side, now a days its became developed day by day, now many people are interested for this Global currency side. i think it was success day by day.

jostorres

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Quote from: mornabo on August 12, 2017, 10:10:31 AM

Quote from: ajmapalo22 on August 09, 2017, 08:14:28 PM

Somewhat bitcoin is becomming a global currency because you can use it in doing transaction outside your country you can also bring bitcoin in other country..so far many countries adopt bitcoin and in future time many will accept it as a mode of payment

I think bitcoin can already be said as a global currency. Yeah like you said that bitcoin can be taken anywhere to the world. And you can make transactions and send money with residents in any country just by using bitcoin for payment. I think it can be said as a global currency

Yes, this is right! Some people seem not to get it either. Bitcoin is a Global Currency already. Being a Global currency doesn’t mean that the world will have to quit their main currency (fiat), and adopt Bitcoin, No! Bitcoin is decentralized, and is a global currency right from the beginning.

virtualkeybuyer

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Quote from: bncbnc on August 13, 2017, 06:59:32 PM

Quote from: eloymjb on August 12, 2017, 09:50:47 AM

i dont think so that a bitcoin become a global currency but i hope so in the future will come the right time to shine in all over the world that bitcoin become a global currency .. its wonderfull that all over the world have a one and only currency that have .. one currency that have a same amount in any country .. in that case all over the countrt have a same price of money ..

to me i think bitcoin is already a global currency.

I agreed bitcoin is global currency but if we look deeply then we find many factors that make them not very usable at global level but I do not want to say that bitcoin is not global currency, just try to focus on my point, I want to say that when every company in the world start accepting bitcoin then it will be the best time we can say that bitcoin is global currency, and I’m sure this time will come soon in the future.

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