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Topic: Bitcoin is Becoming a Global Currency - page 83. (Read 226404 times)

hero member
Activity: 896
Merit: 514
November 05, 2016, 01:58:19 PM
bitcoin just needs proper marketing for people to understand it so that it gains popularity and gets to be a global currency
Well, being a global currency is not that easy. require the consent of all parties to be able to realize it, and we know that there are still some places it illegal bitcoin, so at the moment is still very difficult to realize it. yeah, but I believe bitcoin has the potential to become a global currency
i think bitcoin already global currency and bitcoin getting more popularity because bitcoin is acceptable in everywhere for any transaction and bitcoin transaction is very much safe and secure and bitcoin very better for shopping than other crypto currency
sr. member
Activity: 378
Merit: 250
BULL RUN until 2030
November 05, 2016, 12:51:48 AM
Bitcoin has gained global popularity due to its nature of transactions. It is very easy to transact with bitcoin and there are no elaborate procedures involved. It can also not be traced easily that is why many people prefer using it. This feature has made it to be liked by many people thus its likelihood of becoming a global currency is high.

Though it is liked and used by some percent of people in almost most of the countries in the world but still there is a long way for it to go for becoming a complete global currency, as there are still not a lot of people using or knowing about bitcoin if we see the population of the world and the users database of bitcoin we would know that we are still so far from that place.
well if theres a smoke theres always fire behind so when people from that place start using btc they should introduce it to much bigger audience that way we are also helping the chain to continue to grow up the more we invited to join btc investment the more value it will gives to this currency and for sure it can be globally in this coming new era.
It's just a matter of time of what we need, bitcoin is already popular but only to us, let us just hope in the future bitcoin will continue to progress so more people will learn to use it and it would be good for the overall economy.

I can promote bitcoin to my family but I know they do not have the interest like I do.
hero member
Activity: 2170
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November 05, 2016, 12:41:00 AM
bitcoin just needs proper marketing for people to understand it so that it gains popularity and gets to be a global currency
Well, being a global currency is not that easy. require the consent of all parties to be able to realize it, and we know that there are still some places it illegal bitcoin, so at the moment is still very difficult to realize it. yeah, but I believe bitcoin has the potential to become a global currency
hero member
Activity: 1302
Merit: 540
November 04, 2016, 10:26:14 PM
Bitcoin has gained global popularity due to its nature of transactions. It is very easy to transact with bitcoin and there are no elaborate procedures involved. It can also not be traced easily that is why many people prefer using it. This feature has made it to be liked by many people thus its likelihood of becoming a global currency is high.

Though it is liked and used by some percent of people in almost most of the countries in the world but still there is a long way for it to go for becoming a complete global currency, as there are still not a lot of people using or knowing about bitcoin if we see the population of the world and the users database of bitcoin we would know that we are still so far from that place.
well if theres a smoke theres always fire behind so when people from that place start using btc they should introduce it to much bigger audience that way we are also helping the chain to continue to grow up the more we invited to join btc investment the more value it will gives to this currency and for sure it can be globally in this coming new era.
hero member
Activity: 2954
Merit: 672
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November 04, 2016, 09:46:35 PM
Bitcoin has gained global popularity due to its nature of transactions. It is very easy to transact with bitcoin and there are no elaborate procedures involved. It can also not be traced easily that is why many people prefer using it. This feature has made it to be liked by many people thus its likelihood of becoming a global currency is high.

Though it is liked and used by some percent of people in almost most of the countries in the world but still there is a long way for it to go for becoming a complete global currency, as there are still not a lot of people using or knowing about bitcoin if we see the population of the world and the users database of bitcoin we would know that we are still so far from that place.
Well, but we are not talking here of bitcoin as a complete global currency we are just becoming and for sure in the future that will be the path we are going. Every year there's a good improvement of the bitcoin economy and that is a good sign to achieve success in the future, so brothers and sisters here in the community, let us support bitcoin continuously.
sr. member
Activity: 672
Merit: 250
November 04, 2016, 11:22:22 AM
Bitcoin has gained global popularity due to its nature of transactions. It is very easy to transact with bitcoin and there are no elaborate procedures involved. It can also not be traced easily that is why many people prefer using it. This feature has made it to be liked by many people thus its likelihood of becoming a global currency is high.

Though it is liked and used by some percent of people in almost most of the countries in the world but still there is a long way for it to go for becoming a complete global currency, as there are still not a lot of people using or knowing about bitcoin if we see the population of the world and the users database of bitcoin we would know that we are still so far from that place.
hero member
Activity: 756
Merit: 501
November 04, 2016, 11:16:14 AM
Bitcoin has gained global popularity due to its nature of transactions. It is very easy to transact with bitcoin and there are no elaborate procedures involved. It can also not be traced easily that is why many people prefer using it. This feature has made it to be liked by many people thus its likelihood of becoming a global currency is high.
The most important besides the easy way to work with it, its for sure the low fees charged into the transactions and the high security level that bitcoins does has, something that till the moment no one were able to attack the network and still bitcoins doing that, like hackers do with bank system.
full member
Activity: 224
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November 04, 2016, 05:39:19 AM
Bitcoin has gained global popularity due to its nature of transactions. It is very easy to transact with bitcoin and there are no elaborate procedures involved. It can also not be traced easily that is why many people prefer using it. This feature has made it to be liked by many people thus its likelihood of becoming a global currency is high.
hero member
Activity: 2170
Merit: 503
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November 03, 2016, 10:44:38 AM
bitcoin just needs proper marketing for people to understand it so that it gains popularity and gets to be a global currency
Well, it is quite possible if a time bitcoin-known, and has been known to everyone, become a global currency. however, the presence of anonymous transactions that will make it difficult to accept, because it will support the illegal transactions everywhere. if bitcoin wants to become a global currency, the transaction must be conducted openly
hero member
Activity: 756
Merit: 501
November 03, 2016, 10:35:08 AM
bitcoin just needs proper marketing for people to understand it so that it gains popularity and gets to be a global currency

The best promotion that bictcoin can have is from their costumers, we, besides that some big companies are start working with bitcoin already, and some people are investing into bitcoin the same way they do and did with gold, as a store of value, bitcoin has its place already in the market, even being a small portion at the moment it has huge potencial to achieve a better status and position.
hero member
Activity: 994
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Get'em boys
November 03, 2016, 09:38:18 AM
bitcoin just needs proper marketing for people to understand it so that it gains popularity and gets to be a global currency
jr. member
Activity: 55
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November 03, 2016, 09:23:36 AM
It's certainly on this path, many establishments are going to use and customers are realizing the advantages that the use of bitcoin as a payment method can bring.
hero member
Activity: 3150
Merit: 636
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November 03, 2016, 01:08:28 AM
The bitcoin can become a global currency but its the question when this will happen and there still needs to happen a lot to accomplish this if you are asking me.
The bitcoin can gain more users and by that it can later accomplish this.

Bitcoin is already a global currency. It is being used in different countries and traded to different currencies. Nothing more can be more global than that. There are fewer bitcoin users that fiat users but it is still being used globally. So It is a global currency.

Yeah it is now being used as global currency as we can see and in fact thousands of merchants are already accepting bitcoins.

So this is a good indication that bitcoin is being used as one of the most used currency wherever country you live.
hero member
Activity: 1148
Merit: 504
November 02, 2016, 11:49:42 PM
The bitcoin can become a global currency but its the question when this will happen and there still needs to happen a lot to accomplish this if you are asking me.
The bitcoin can gain more users and by that it can later accomplish this.

Bitcoin is already a global currency. It is being used in different countries and traded to different currencies. Nothing more can be more global than that. There are fewer bitcoin users that fiat users but it is still being used globally. So It is a global currency.
member
Activity: 85
Merit: 10
November 02, 2016, 11:05:10 PM
The bitcoin can become a global currency but its the question when this will happen and there still needs to happen a lot to accomplish this if you are asking me.
The bitcoin can gain more users and by that it can later accomplish this.
sr. member
Activity: 882
Merit: 251
November 02, 2016, 10:51:45 PM
This is possible bitcoin is becoming global currency. As bitcoin price
seems increasing and increasing its demands. Since bitcoin is
becoming well known globally but not all people knew bitcoin. Yet,
still their is a need to introduce bitcoin to other people. However,
luckily that we knew bitcoin and we earned from it.
hero member
Activity: 3052
Merit: 606
November 02, 2016, 07:56:25 PM
Let's stop this thread and all speculations. There is simple explanation what is "global currency", and bitcoin fulfilled all necessary conditions to be called global currency.
Definition of global currency is:

In the foreign exchange market and international finance, a world currency, supranational currency, or global currency refers to a currency that is transacted internationally, with no set borders.


Definitely I agree with your comment here, there's no point of debating whether bitcoin is a global currency or not because we have already proven that it is. The fact that we can transact with different people and bitcoin connects us even you are living in different dimension of the world, that is already an awesome reality that cannot be argued.
hero member
Activity: 504
Merit: 500
November 02, 2016, 04:10:07 PM
It's possible.. but someone must represent bitcoin and introduce it to the world and it would be a very hard job because there would be a lot of discussions, questions that needs to be answered and in the end all countries will decide if they're going to accept bitcoin as the world/global currency. I enjoyed bitcoin a lot for as long as I'm profiting money from it then that would be fine for me. Cheesy
I think do not need a big story to tell about bitcoin, you just need to sit down and see what happens, because bitcoin evolved and spread worldwide
legendary
Activity: 3332
Merit: 1191
November 02, 2016, 03:45:54 PM
Let's stop this thread and all speculations. There is simple explanation what is "global currency", and bitcoin fulfilled all necessary conditions to be called global currency.
Definition of global currency is:

In the foreign exchange market and international finance, a world currency, supranational currency, or global currency refers to a currency that is transacted internationally, with no set borders.

legendary
Activity: 3654
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November 02, 2016, 03:32:01 PM
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 can be a Global Currency But it will never replace any phycal money in this world if you guy's are going to think it bitcoin has really good feature when it comes in currencies but it will be more risk if bitcoin will be our main method of currency and it will be more expensive when the year comes in the right place but if bitcoin will be banned into the countries soon what will happen?
What will be the difficulties if bitcoin costs more? To use bitcoin as a currency its price has no significant role.
Banning bitcoin will not be possible for any country to restrict their citizen to use and save bitcoins. As per basic human right, we can save a digital property and we can use them. If possible a government may tax it, beyond tax a government can not do anything with bitcoin.
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