Bitcoin is Becoming a Global Currency - page 84.

Sponsoredby15

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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 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?

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Quote from: Wandering Soul~ on November 02, 2016, 07:14:03 AM

In the past years bitcoin has grown and improved a lot, No wonder that other countries are setting their eyes on it . If the world of paper money gets replaced by cryptocurrencies then I'm sure bitcoin will take the lead, However it takes too much time before this thing will happen.

As long as bitcoin continues to improve itself then it will be just a matter of time before it becomes widely known and used.

For sure we will be a big thing in the future, we are lucky we are here now so we can take all the opportunity to earn and we have to make sure by the time bitcoin is not good for investment as it has become popular, we should be rich because of BTC by then.

Wandering Soul~

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In the past years bitcoin has grown and improved a lot, No wonder that other countries are setting their eyes on it . If the world of paper money gets replaced by cryptocurrencies then I'm sure bitcoin will take the lead, However it takes too much time before this thing will happen.

As long as bitcoin continues to improve itself then it will be just a matter of time before it becomes widely known and used.

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Quote from: Betwrong on November 02, 2016, 05:53:00 AM

Quote from: Hatuferu on November 02, 2016, 01:16:29 AM

Quote from: arseaboy on November 01, 2016, 10:26:23 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

We will go down to the lowest level in the community as we are only limited to transacting online. Do not expect that we can make all people adopt with bitcoin because only those who are educated with crypto currency will understand about bitcoin. Despite of the limited users, we can still call it as a global currency since it was accepted globally.

I don't think it is necessary to be educated with crypto currency to accept Bitcoin. What percentage of the people who are using computers have an idea how they really work? I think it would be less than 1%. So it is enough to be convenient to use for most people to be used by them. Bitcoin is definitely becoming a Global Currency whether anybody wants it or not.

It could be more on us because we are the users of bitcoin and not other people who does not have the idea of what bitcoin really is. Most of the businesses that are using bitcoin are so profitable, like take it for example a gambling industry, they are booming because of bitcoin and since gamblers are all around the world it will certainly grow.

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Quote from: Hatuferu on November 02, 2016, 01:16:29 AM

Quote from: arseaboy on November 01, 2016, 10:26:23 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

We will go down to the lowest level in the community as we are only limited to transacting online. Do not expect that we can make all people adopt with bitcoin because only those who are educated with crypto currency will understand about bitcoin. Despite of the limited users, we can still call it as a global currency since it was accepted globally.

I don't think it is necessary to be educated with crypto currency to accept Bitcoin. What percentage of the people who are using computers have an idea how they really work? I think it would be less than 1%. So it is enough to be convenient to use for most people to be used by them. Bitcoin is definitely becoming a Global Currency whether anybody wants it or not.

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Quote from: gabmen on November 02, 2016, 05:16:37 AM

Quote from: Caladonian on November 02, 2016, 01:23:19 AM

Quote from: Hatuferu on November 02, 2016, 01:16:29 AM

Quote from: arseaboy on November 01, 2016, 10:26:23 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

We will go down to the lowest level in the community as we are only limited to transacting online. Do not expect that we can make all people adopt with bitcoin because only those who are educated with crypto currency will understand about bitcoin. Despite of the limited users, we can still call it as a global currency since it was accepted globally.

Which is the concept and the target success of this currency giving us another option and little by little we are now seeing the progress bitcoin is almost been used to most known country and adoption is really getting high from time to time,.

Yeah and the speed of btc's progress is quite promising. I think it already is an international currency but we also have to do our part in introducing bitcoin to others as the more bitcoin grows, thebmore benefits we will merit

bitcoin is indeed already an international currency but only in internet which are nationality and even government's rules doesn't matter that much while bitcoin is actually not yet stated as "official international currency" in so many countries,even its status still biased

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Quote from: Caladonian on November 02, 2016, 01:23:19 AM

Quote from: Hatuferu on November 02, 2016, 01:16:29 AM

Quote from: arseaboy on November 01, 2016, 10:26:23 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

We will go down to the lowest level in the community as we are only limited to transacting online. Do not expect that we can make all people adopt with bitcoin because only those who are educated with crypto currency will understand about bitcoin. Despite of the limited users, we can still call it as a global currency since it was accepted globally.

Which is the concept and the target success of this currency giving us another option and little by little we are now seeing the progress bitcoin is almost been used to most known country and adoption is really getting high from time to time,.

Yeah and the speed of btc's progress is quite promising. I think it already is an international currency but we also have to do our part in introducing bitcoin to others as the more bitcoin grows, thebmore benefits we will merit

Caladonian

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Quote from: Hatuferu on November 02, 2016, 01:16:29 AM

Quote from: arseaboy on November 01, 2016, 10:26:23 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

We will go down to the lowest level in the community as we are only limited to transacting online. Do not expect that we can make all people adopt with bitcoin because only those who are educated with crypto currency will understand about bitcoin. Despite of the limited users, we can still call it as a global currency since it was accepted globally.

Which is the concept and the target success of this currency giving us another option and little by little we are now seeing the progress bitcoin is almost been used to most known country and adoption is really getting high from time to time,.

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Quote from: arseaboy on November 01, 2016, 10:26:23 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

We will go down to the lowest level in the community as we are only limited to transacting online. Do not expect that we can make all people adopt with bitcoin because only those who are educated with crypto currency will understand about bitcoin. Despite of the limited users, we can still call it as a global currency since it was accepted globally.

arseaboy

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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

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Quote from: doraemon1 on October 20, 2016, 09:43:17 AM

Bitcoin will be a Global Currency if all countries are properly connected online or through internet. Sadly there are still countries where internet is still not available and if it's available signal is bad or expensive to get a signal. We all know that we cant transact using Bitcoin with out using internet.

I thought it was possible to exchange some value of bitcoin offline, it just involves more trust perhaps as the receiver of the coin is not able to immediately use the coin or transfer it to another address ? Arent there some special physical coins out there with an address on the middle and the idea is you have your own offline wallet kind of value holding

I'll find the picture, just seems arguable that even a countryside with no electricity could still maybe have a use for cyptocurrency. People trust dollars when they are in the desert right but for all they know that government backing the paper went broke or the paper is not correct in some way ? People take cheques and so on, I just assume that bitcoin can also be used in some part similarly

https://i.imgur.com/xV7741U.jpg

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Quote from: sherlock_h on October 30, 2016, 05:33:01 AM

In terms of accessibility, Bitcoin can be used anywhere in the world. The problem to be solved is the question of adoption of Bitcoin as a currency, because many people still don't know it and the technology behind it.

Nothing has done so fast and easily everything even techology took years or decades before everything we have at this moment came true like a smart phones. Aa like that bitcoin will be at its maximum success at the right time if it does have?

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In terms of accessibility, Bitcoin can be used anywhere in the world. The problem to be solved is the question of adoption of Bitcoin as a currency, because many people still don't know it and the technology behind it.

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Quote from: darklus123 on October 29, 2016, 07:43:32 AM

Quote from: jonpande on October 27, 2016, 06:12:46 AM

I hope that one day it will become a currency Bitcoin global great and I hope it is used by many people and many countries I believe it will happen in the future. But maybe it will happen for a long time because of limited distribution sangant bitcoin.

It could really happen and i can really feel it. As more and more companies and guess what they are not just a small ones they are a big whales in the marketing industries are trying to adopt this certain currency which we are using called bitcoin.

Maybe some but i dont that it can be happen because plenty of people they dont know about bitcoin especially to those in poor area. They dont know what is bitcoin so its could not be happen that bitcoin becoming a global currency.

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Quote from: darklus123 on October 29, 2016, 07:43:32 AM

Quote from: jonpande on October 27, 2016, 06:12:46 AM

I hope that one day it will become a currency Bitcoin global great and I hope it is used by many people and many countries I believe it will happen in the future. But maybe it will happen for a long time because of limited distribution sangant bitcoin.

It could really happen and i can really feel it. As more and more companies and guess what they are not just a small ones they are a big whales in the marketing industries are trying to adopt this certain currency which we are using called bitcoin.

Big companies know already the potential of bitcoin however due to the price volatility of bitcoin not all industries has a viable business plan using bitcoin, for merchant it is not good as they may lose for big price fluctuation and sometimes could lead to price fall back. They do not want that as they want to be safe.

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Quote from: Fatanut on October 29, 2016, 07:01:48 AM

Quote from: Sorrowfox on October 23, 2016, 12:10:26 AM

it can be happen if government accept bitcoin in their country and i think global can accept it as well

because bitcoin has high value than a us dollars and much profitable.

The sole reason why you think that bitcoin is so profitable is because you're getting paid in bitcoins. If you're getting paid in Euros, you'd say that euro is more profitable, right? There are other things that you can do in the real world and I think fiat actually pays more than bitcoins. You get paid for 10$-15$ per hour in your day job while in bitcoins, you only get paid a couple of dollars per day.

Globally, people can receive and send bitcoins. Not sure why did you even have to mention that. You are free to use it and the government can never change that fact.

Not all of us here are working for money, most of us are trading or investing to make money, and we can say that bitcoin is profitable not because it is the type of currency that we receive but it is giving us more opportunity to make money online. With bitcoin we are connected since we are only using one currency.

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Quote from: jonpande on October 27, 2016, 06:12:46 AM

I hope that one day it will become a currency Bitcoin global great and I hope it is used by many people and many countries I believe it will happen in the future. But maybe it will happen for a long time because of limited distribution sangant bitcoin.

It could really happen and i can really feel it. As more and more companies and guess what they are not just a small ones they are a big whales in the marketing industries are trying to adopt this certain currency which we are using called bitcoin.

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Quote from: Maslate on September 10, 2016, 08:21:09 PM

Quote from: MWesterweele on September 10, 2016, 07:54:48 PM

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.

Some countru are bitcoin is legal and kiterally theu using it with their daily activies buying goods seeing people uses bitcoin as payment method is awesome bitcoin is depending on Us money WHICH is dollar and some countries bitcoin are being legal now so that they can use it too.

It is good if in your country bitcoin is legal so more merchants will not hesitate to adopt as it is supported by the government. But in our country it is not legal yet so i need to wait for more time to experience buying in a store using my bitcoins but still what matters is it is not illegal.

Yes as of now bitcoin is really legal to use and some merchants are start accepting our bitcoin specially when it comes to bill we can really pay our bills via our bitcoin wallet that based here in my country . And it's really supported by our goverment i don't know if our president using bitcoin too to accept investment .

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Quote from: Sorrowfox on October 23, 2016, 12:10:26 AM

it can be happen if government accept bitcoin in their country and i think global can accept it as well

because bitcoin has high value than a us dollars and much profitable.

The sole reason why you think that bitcoin is so profitable is because you're getting paid in bitcoins. If you're getting paid in Euros, you'd say that euro is more profitable, right? There are other things that you can do in the real world and I think fiat actually pays more than bitcoins. You get paid for 10$-15$ per hour in your day job while in bitcoins, you only get paid a couple of dollars per day.

Globally, people can receive and send bitcoins. Not sure why did you even have to mention that. You are free to use it and the government can never change that fact.

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I hope that one day it will become a currency Bitcoin global great and I hope it is used by many people and many countries I believe it will happen in the future. But maybe it will happen for a long time because of limited distribution sangant bitcoin.

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