Bitcoin is now global currency because we can spend it all over the world but not all stores accepting bitcoin yet in their mode of payment but i think in the future bitcoin would be much prefer currency to used in purchasing of our daily needs.
So you can say Bitcoin is global, since it can be used independent of the nation you live in or belong to. But can we say it is a currency? Because i doubt that. To be a currency you need to be able to pay with it and since Bitcoin is not everywhere accepted or at least not widely i would say it is not a currency yet.
Topic: Bitcoin is Becoming a Global Currency - page 68. (Read 226367 times)
I can't understand why people here thinks that bitcoin isn't global currency but it will become in future.
Wallet is available for everyone, you don'y need bank account and no one controls your transactions, it's first cryptocurrency and most known and trustful, ICO's are mostly in bitcoin and mining datacenters are worldwidely, so how can't you to call it global currency?
The answer to your question is simple. Because hardly anyone is accepting Bitcoin. How can it be a currency if i am not able to pay my rent? How can it be a currency if i can not buy my bread with it?Wallet is available for everyone, you don'y need bank account and no one controls your transactions, it's first cryptocurrency and most known and trustful, ICO's are mostly in bitcoin and mining datacenters are worldwidely, so how can't you to call it global currency?
I don't particularly disagree with your point
But, on the other hand, if you lived outside the US, could you pay with the US dollars your utility bills elsewhere directly (barring some small countries which use the dollar as their official currency)? I guess you can't, but could you thus consider dollars as not a global currency? If you can't either, was is global currency then? There are specific cases where you can pay with dollars, but basically the same can be said about Bitcoin as well. For example, how many online casinos use the US dollar (or any other fiat, for that matter) as a money token for gambling? I don't think that a lot, but I think that the volume gambled in Bitcoin online casinos by far exceeds the volume gambled in fiat ones (compared on the dollar basis, of course)
I think in 2020 bitcoin will be a global currency that every will know.
Now its still a big currency, but not global, it is knew by insider who see the potential
and after 10 years everyone will saying, why i dont see this and buy it earlier.
’Now its still a big currency, but not global, it is knew by insider who see the potential
and after 10 years everyone will saying, why i dont see this and buy it earlier.
It is good to see how people looks forward to make bitcoin as an official fiat currency, we really wish on that to happen because of the great and big potential of it to the market. And we are fast growing community so it is good to see people who is having the idea of this.
I can't understand why people here thinks that bitcoin isn't global currency but it will become in future.
Wallet is available for everyone, you don'y need bank account and no one controls your transactions, it's first cryptocurrency and most known and trustful, ICO's are mostly in bitcoin and mining datacenters are worldwidely, so how can't you to call it global currency?
The answer to your question is simple. Because hardly anyone is accepting Bitcoin. How can it be a currency if i am not able to pay my rent? How can it be a currency if i can not buy my bread with it? Wallet is available for everyone, you don'y need bank account and no one controls your transactions, it's first cryptocurrency and most known and trustful, ICO's are mostly in bitcoin and mining datacenters are worldwidely, so how can't you to call it global currency?
I can't understand why people here thinks that bitcoin isn't global currency but it will become in future.
Wallet is available for everyone, you don'y need bank account and no one controls your transactions, it's first cryptocurrency and most known and trustful, ICO's are mostly in bitcoin and mining datacenters are worldwidely, so how can't you to call it global currency?
Wallet is available for everyone, you don'y need bank account and no one controls your transactions, it's first cryptocurrency and most known and trustful, ICO's are mostly in bitcoin and mining datacenters are worldwidely, so how can't you to call it global currency?
Bitcoin is now global currency because we can spend it all over the world but not all stores accepting bitcoin yet in their mode of payment but i think in the future bitcoin would be much prefer currency to used in purchasing of our daily needs.
yes there is no doubt about this. Bitcoin is now global currency because we can spend it all over the world but not all stores accepting bitcoin yet in their mode of payment but i think in the future bitcoin would be much prefer currency to used in purchasing of our daily needs.
yes there is no doubt about this. 
Bitcoin is now global currency because we can spend it all over the world but not all stores accepting bitcoin yet in their mode of payment but i think in the future bitcoin would be much prefer currency to used in purchasing of our daily needs.
yes there is no doubt about this that bitcon has now become a global currency, because you can found the users of bitcoin throughout the world. bitcoin users are present everywhere and are using bitcoin. although bitcoin can be use in all over the world through online but bit is yet accepted in some physical stores and the reason is that in most of the area people still do not know about bitcoin. how that in future the number of shops who will accept bitcoin will increase and then we will be able to use bitcoin even in our local shops. Bitcoin is now global currency because we can spend it all over the world but not all stores accepting bitcoin yet in their mode of payment but i think in the future bitcoin would be much prefer currency to used in purchasing of our daily needs.
Every new thing takes time to adjust and make place in our society. Bitcoins has been there for over eight years now and i feel in the next five years we shall see bitcoins everywhere around us. The Dollar and Euro are losing value and Bitcoin will soon be the next global currency around the world.
Bitcoin is now global currency because we can spend it all over the world but not all stores accepting bitcoin yet in their mode of payment but i think in the future bitcoin would be much prefer currency to used in purchasing of our daily needs.
To support it needed adequate systems, to be used to buy daily needs, and then transfer bitcoin does not need confirmation of a long and costly. Another important factor is to be transparent, so that pay taxes every transaction.
Bitcoin is now global currency because we can spend it all over the world but not all stores accepting bitcoin yet in their mode of payment but i think in the future bitcoin would be much prefer currency to used in purchasing of our daily needs.
To support it needed adequate systems, to be used to buy daily needs, and then transfer bitcoin does not need confirmation of a long and costly. Another important factor is to be transparent, so that pay taxes every transaction. I think in 2020 bitcoin will be a global currency that every will know.
Now its still a big currency, but not global, it is knew by insider who see the potential
and after 10 years everyone will saying, why i dont see this and buy it earlier.
Now its still a big currency, but not global, it is knew by insider who see the potential
and after 10 years everyone will saying, why i dont see this and buy it earlier.
Looking forward for being a global currency is not that impossible but then the chance of implementing it is the great things to look on because not everyone is capable to buy bitcoin at all.
I think in 2020 bitcoin will be a global currency that every will know.
Now its still a big currency, but not global, it is knew by insider who see the potential
and after 10 years everyone will saying, why i dont see this and buy it earlier.
Now its still a big currency, but not global, it is knew by insider who see the potential
and after 10 years everyone will saying, why i dont see this and buy it earlier.
Bitcoin is now global currency because we can spend it all over the world but not all stores accepting bitcoin yet in their mode of payment but i think in the future bitcoin would be much prefer currency to used in purchasing of our daily needs.
There are some further aspects of this dream. In some of the countries, the things of daily needs are available to purchase at the price of bitcoin transaction fees so why he would use bitcoin for it? I think the mechanism for micropayments would be much comfortable in such cases that would bring bitcoin adoption on the root level.
Bitcoin is now global currency because we can spend it all over the world but not all stores accepting bitcoin yet in their mode of payment but i think in the future bitcoin would be much prefer currency to used in purchasing of our daily needs.
So you can say Bitcoin is global, since it can be used independent of the nation you live in or belong to. But can we say it is a currency? Because i doubt that. To be a currency you need to be able to pay with it and since Bitcoin is not everywhere accepted or at least not widely i would say it is not a currency yet.I strongly disagree with your view. Bitcoin is a currency, not only because for this aim was created but because is really global without the need to convert it in local fiat currency everywhere someone travels. Besides that, there are many merchants everywhere in the world where they don't accept the fiat money of a particular country. Under your rationale, that means this particular fiat is not currency? So, if merchants don't accept bitcoin is not it's fault but our fault because we do not demand from merchants to accept it. In addition if bitcoin is not money why there are debit cards which can be funded with bitcoins and unloaded to fiat?
Bitcoin is now global currency because we can spend it all over the world but not all stores accepting bitcoin yet in their mode of payment but i think in the future bitcoin would be much prefer currency to used in purchasing of our daily needs.
So you can say Bitcoin is global, since it can be used independent of the nation you live in or belong to. But can we say it is a currency? Because i doubt that. To be a currency you need to be able to pay with it and since Bitcoin is not everywhere accepted or at least not widely i would say it is not a currency yet.I strongly disagree with your view. Bitcoin is a currency, not only because for this aim was created but because is really global without the need to convert it in local fiat currency everywhere someone travels. Besides that, there are many merchants everywhere in the world where they don't accept the fiat money of a particular country. Under your rationale, that means this particular fiat is not currency? So, if merchants don't accept bitcoin is not it's fault but our fault because we do not demand from merchants to accept it. In addition if bitcoin is not money why there are debit cards which can be funded with bitcoins and unloaded to fiat?
Arent we taking this too much to another level?
I guess we are still on the building part. Trust and convenience for others, if that could be proved more then it might be more popular now. Besides, that is the real purpose of bitcoin. Taking out the middleman to save money and making the transaction secure.
Why not just focus on that more rather than taking it way up just for selfish reasons because you own 1 bitcoin.
I guess we are still on the building part. Trust and convenience for others, if that could be proved more then it might be more popular now. Besides, that is the real purpose of bitcoin. Taking out the middleman to save money and making the transaction secure.
Why not just focus on that more rather than taking it way up just for selfish reasons because you own 1 bitcoin.
The network effects are still kicking in. Once we reach a threshold, then Bitcoin would become convenient for all and sundry.
Talking up Bitcoin is not a bad thing at all; there are enough people on the other side spreading FUD about Bitcoin.
Arent we taking this too much to another level?
I guess we are still on the building part. Trust and convenience for others, if that could be proved more then it might be more popular now. Besides, that is the real purpose of bitcoin. Taking out the middleman to save money and making the transaction secure.
Why not just focus on that more rather than taking it way up just for selfish reasons because you own 1 bitcoin.
I guess we are still on the building part. Trust and convenience for others, if that could be proved more then it might be more popular now. Besides, that is the real purpose of bitcoin. Taking out the middleman to save money and making the transaction secure.
Why not just focus on that more rather than taking it way up just for selfish reasons because you own 1 bitcoin.
Bitcoin is now global currency because we can spend it all over the world but not all stores accepting bitcoin yet in their mode of payment but i think in the future bitcoin would be much prefer currency to used in purchasing of our daily needs.
So you can say Bitcoin is global, since it can be used independent of the nation you live in or belong to. But can we say it is a currency? Because i doubt that. To be a currency you need to be able to pay with it and since Bitcoin is not everywhere accepted or at least not widely i would say it is not a currency yet. 
Bitcoin is now global currency because we can spend it all over the world but not all stores accepting bitcoin yet in their mode of payment but i think in the future bitcoin would be much prefer currency to used in purchasing of our daily needs.
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