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Topic: Bitcoin is Becoming a Global Currency - page 7. (Read 226365 times)

member
Activity: 238
Merit: 11
March 19, 2018, 10:14:19 AM
Bitcoin as a global currency because as of now there are many internet user increasing the popularity of bitcoin. It is possible because of the technology now is anyone can access the internet and use bitcoin as their currency but on the other hand the poor communities cant able to use that way.
member
Activity: 140
Merit: 10
March 19, 2018, 09:57:29 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.
we

For bitcoint become global currency yes might be in the future.but as of now it has still long way to go, bitcoint still developing but headed to a clear purpose...
jr. member
Activity: 74
Merit: 2
March 19, 2018, 08:50:36 AM
Yes it is already a global currency because you can all use it over the world and that is very nice for Bitcoin. But lot of people advise to others to stay away from Bitcoin for as long as possible. Government must use it and accept it so they can also make some Bitcoin more popular. But to make it popular we just have to wait.
full member
Activity: 532
Merit: 100
March 18, 2018, 09:49:16 AM
This is not properly expressed. Bitcoin is Becoming a Global Way to Become Rich. People buy Bitcoins for storing them and reselling them, not to use them as a currency. They buy it with one only thought in mind: "Moon! Moon". Of course, then we should also speak about the dark side of the moon, which could be expressed like that: Bitcoin is Becoming a Global Way to Become Poor - since for every hodler who in time becomes rich there are plenty of panic sellers who at times end up losing all their money.
today we have not reached the level, To take the compote to drink the global currency. There will be one of two, and the first Bitcoin can burst, even before it becomes popular all over the world. And secondly, not only the infrastructure will be prepared, but also the legal legalization of Bitcoin in each country. Perhaps I will speak about this only if it is at the level of the dollar, the second international currency in the world is crypto-currency.
hero member
Activity: 980
Merit: 502
March 18, 2018, 08:59:14 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.
Yes. I do believe that bitcoin can become a global currency because bitcoins popularity is increasing tremendously and its users are also increasing incredibly around the world and it is evident from the increasing prices of bitcoin since it had started. Also now people have started trusting bitcoin with their money and have started investing money in bitcoin and have started trading bitcoin. Also now many people and shops have started accepting bitcoin as a mode of payment. So by seeing all these things it’s possible that bitcoin become a global currency.
full member
Activity: 387
Merit: 106
March 16, 2018, 06:45:06 PM
This is not properly expressed. Bitcoin is Becoming a Global Way to Become Rich. People buy Bitcoins for storing them and reselling them, not to use them as a currency. They buy it with one only thought in mind: "Moon! Moon". Of course, then we should also speak about the dark side of the moon, which could be expressed like that: Bitcoin is Becoming a Global Way to Become Poor - since for every hodler who in time becomes rich there are plenty of panic sellers who at times end up losing all their money.
member
Activity: 350
Merit: 12
March 16, 2018, 05:59:37 PM
This is a thread four years ago, and things have not changed much.
Bitcoin has grown a lot in the meantime, but it's still too unstable to be actually used.
And most of the population simply does not know it.
sr. member
Activity: 1974
Merit: 450
March 16, 2018, 08:36:54 AM
Bitcoin is now being used from all over the world so for my opinion we could really say that bitcoin is becoming a global currency,
The crypto currencies are being used to transfer money from country to country with just a small period of time and I think it is a great way to receive money from your love ones who are in other country.
Well, the world generally does not see what bitcoin we see. they see more flaws than excess, so it is very difficult for bitcoins to make global currencies. I'm sure, bitcoin is perfect for this, but for now there is no government support on this.
sr. member
Activity: 994
Merit: 257
Best Bitcoin Casino www.coinsaga.com
March 16, 2018, 08:28:35 AM
Bitcoin is now being used from all over the world so for my opinion we could really say that bitcoin is becoming a global currency,
The crypto currencies are being used to transfer money from country to country with just a small period of time and I think it is a great way to receive money from your love ones who are in other country.
member
Activity: 406
Merit: 11
March 16, 2018, 08:23:34 AM
Indeed its a global use case . But I am not akin to call bitcoin a currency. It is more as a monetary service for data flow on the Internet. Currencies are bounded by sovereignty and regulated by each central bank of a governed country.
You do not have to guess on the coffee grounds and guess what will happen with bitcoin and what position it will take in the financial world. This is understandable, but it is better to study the information about why bikkoin was created in general. Then there will be an answer to the question.
member
Activity: 143
Merit: 11
March 16, 2018, 07:51:02 AM
Indeed its a global use case . But I am not akin to call bitcoin a currency. It is more as a monetary service for data flow on the Internet. Currencies are bounded by sovereignty and regulated by each central bank of a governed country.
newbie
Activity: 95
Merit: 0
March 16, 2018, 07:30:46 AM
Technically bitcoin has always been a global currency but just not globally used as much as we would prefer ofcourse.
But this can change and it should change. The only question is "when that happens?"
hero member
Activity: 1190
Merit: 541
March 16, 2018, 07:07:24 AM
It seems like it bitcoin is becoming more and more popular that it is becoming used all over the world.
Everyone is almost using it and it is being used globally to do some transactions so for me it is really becoming Global Currency.
Well people around the world are still debating upon whether the bitcoin is the currency or the asset because the governments and different powerful banking sector still making much noises all over the media and spreading negativity about the crypto currency.

The positive thing which emerged is that he governments are now talking about legalizing the crypto currency and that is the first hurdle after which bitcoin will easily become currency and the global or universal one.
4U
member
Activity: 195
Merit: 10
March 15, 2018, 05:35:28 PM
Indeed many of the current holder of bitcoin spread in various countries. I am very sure later adaptation of bitcoin will spread across the world. But to be main currency, I think regulation is still a constraint for bitcoin but I wish the main countries in the world can be a precursor to adapt bitcoin
Yes now a lot of countries are accepting bitcoin they are making legal currency it for their country, it is the new age and we can use only digital currency for payment of goods. Online payment is being a source of the bitcoin promotion it is very easy to have bitcoin business throughout the whole world. Slowly bitcoin is being popular and high in price; I want a lot of thing to happen just as source of income after hearing the legalization news.
full member
Activity: 434
Merit: 101
Bounty Detective
March 14, 2018, 06:40:22 PM
you can't say it is becoming Global currency because Some Countries Banned bitcoin.
They Just Use Bitcoin as their investments.
full member
Activity: 322
Merit: 100
March 14, 2018, 04:39:32 PM
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.
sr. member
Activity: 434
Merit: 251
March 14, 2018, 04:29:58 PM
I really want it happen. Many countries already accept bitcoin or thinking about it and when everyone whould be ready we will make this happen.
full member
Activity: 263
Merit: 100
March 14, 2018, 02:15:51 PM
bitcoin now is famous. we must celebrate for the success, because bitcoin will never be lose now and crypto currency will be part of our daily lives in future. this is a good day to invest a lot of money in bitcoin. because it will sure that we can get a huge profit in future
full member
Activity: 410
Merit: 100
March 14, 2018, 02:10:42 PM
bitcoin is well known to the rest of the world and already many people know about bitcoin and I agree with them it could be bitcoin into global currency if nobody prohibits this bitcoin by the state as payment.
full member
Activity: 616
Merit: 100
FRX: Ferocious Alpha
March 14, 2018, 02:03:25 PM
It only means that bitcoin is getting is far wider than they usually think it could reach...their scope is getting bigger and becoming even more popular, more and more country are getting interested in having bitcoin and invest in it and become part of their everyday use. They becoming more competitive in the world market and this is good and other also benefit it.
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