Bitcoin is Becoming a Global Currency - page 93.

zimmah

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Quote from: GamingBro on May 31, 2016, 11:50:21 AM

I think bitcoin will not become a global currency and even more, any currency will not become global. Many peoples who don't like bitcoin or dollar or euro, etc.

I don't like the euro, but as an european citizen i have little choice but to use it directly or indirectly.

And although bitcoin will never be enforced by law, the fact that bitcoin has so many advantages will make bitcoin run in the background of many apps at least. Basically 'forcing' people to use bitcoin (even if they don't know it). Most of the time this will be indirect use of bitcoin (if people don't want to use it). But people who use bitcoin directly, without any 3rd parties will be better off. Which is why most people will likely choose to use bitcoin directly.

Choice is an illusion. Yeah we have free will, but the current society does everything it can to limit your viable options as much as possible, because it's easier to control masses of people if you limit their choices. And it's easier to profit from economy of scale if the choices are limited.

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Quote from: 23dzmaz on September 11, 2016, 01:02:34 AM

Quote from: lionheart78 on September 11, 2016, 12:50:56 AM

Quote from: Forbiddenone on September 10, 2016, 11:50:59 PM

Quote from: dandroid on September 10, 2016, 10:17:31 PM

I believe it is only a matter of time. I don't know exactly how much time . But what I see happening is really exciting. Bitcoin is the new money . It is just that the majority of people don't know it yet.

it is not new but it is majorly know by digital/technology users.it also dependent on places to places.bitcoin has greatly moved up since 2013,till 2014 it's price was not that high but its flexible and fast transaction made it very popular.

Bitcoin in comparison with the fiat money is still young if not new, I also believe that it is actually a global currency because it was been used by lots of citizen in different country. There are also lots of traders and merchants that accept bitcoin in different country. There is also exchangers that accept bitcoin to exchange in their fiat.

Bitcoin is still far from global currency, and i think the people that know about bitcoin is not much. For being a global currency, all people need know about bitcoin and how it works.

not all people,as long in some country bitcoin is used about 50% of the citizens even as 2nd option of currency it's fine,make all people knowing bitcoin is nearly impossible even USD that was born from an age ago didn't even recognised by every people in this world

Colt22

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Quote from: dandroid on September 10, 2016, 10:17:31 PM

I believe it is only a matter of time. I don't know exactly how much time . But what I see happening is really exciting. Bitcoin is the new money . It is just that the majority of people don't know it yet.

yes it is a new currency but is more attractive currency that means it has much more features for its users than any other currency for the people so whenever someone will know about this currency they will not reject to use it but will love to adopt that for their usage and that will bring the chance that bitcoin will become a more worldwide and global currency.

d@nte

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Bitcoin is emerging as a global currency, due to its increased acceptance and growth experienced in a very short term.Also the ways to spend bitcoin is increasing continuously.

XbladeX

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Quote from: dandroid on September 10, 2016, 10:17:31 PM

I believe it is only a matter of time. I don't know exactly how much time . But what I see happening is really exciting. Bitcoin is the new money . It is just that the majority of people don't know it yet.

So how you will solve blocksize limit with current miners morons ?
Some issues have to be resowed before going to be the best with 1mb limi we can suck balls.

23dzmaz

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Quote from: lionheart78 on September 11, 2016, 12:50:56 AM

Quote from: Forbiddenone on September 10, 2016, 11:50:59 PM

Quote from: dandroid on September 10, 2016, 10:17:31 PM

I believe it is only a matter of time. I don't know exactly how much time . But what I see happening is really exciting. Bitcoin is the new money . It is just that the majority of people don't know it yet.

it is not new but it is majorly know by digital/technology users.it also dependent on places to places.bitcoin has greatly moved up since 2013,till 2014 it's price was not that high but its flexible and fast transaction made it very popular.

Bitcoin in comparison with the fiat money is still young if not new, I also believe that it is actually a global currency because it was been used by lots of citizen in different country. There are also lots of traders and merchants that accept bitcoin in different country. There is also exchangers that accept bitcoin to exchange in their fiat.

Bitcoin is still far from global currency, and i think the people that know about bitcoin is not much. For being a global currency, all people need know about bitcoin and how it works.

lionheart78

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Quote from: Forbiddenone on September 10, 2016, 11:50:59 PM

Quote from: dandroid on September 10, 2016, 10:17:31 PM

I believe it is only a matter of time. I don't know exactly how much time . But what I see happening is really exciting. Bitcoin is the new money . It is just that the majority of people don't know it yet.

it is not new but it is majorly know by digital/technology users.it also dependent on places to places.bitcoin has greatly moved up since 2013,till 2014 it's price was not that high but its flexible and fast transaction made it very popular.

Bitcoin in comparison with the fiat money is still young if not new, I also believe that it is actually a global currency because it was been used by lots of citizen in different country. There are also lots of traders and merchants that accept bitcoin in different country. There is also exchangers that accept bitcoin to exchange in their fiat.

Forbiddenone

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Quote from: dandroid on September 10, 2016, 10:17:31 PM

I believe it is only a matter of time. I don't know exactly how much time . But what I see happening is really exciting. Bitcoin is the new money . It is just that the majority of people don't know it yet.

it is not new but it is majorly know by digital/technology users.it also dependent on places to places.bitcoin has greatly moved up since 2013,till 2014 it's price was not that high but its flexible and fast transaction made it very popular.

dandroid

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I believe it is only a matter of time. I don't know exactly how much time . But what I see happening is really exciting. Bitcoin is the new money . It is just that the majority of people don't know it yet.

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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.

MWesterweele

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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.

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.

JITENDERPAR3

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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.

here is also the same i found from that time to this time if i compare . but i found the rate of btc became somewhat stable and high after the China enters in the bitcoin world in huge ways .
still there was less platform at lbc to exchange but now many no. of countri's peoples have providing every type of moneg that is acceptable in their countries.

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Quote from: CroSany on September 10, 2016, 06:56:38 PM

I wouldn't technically consider Bitcoin as a global currency, as it still isn't very widely known. Countries tend to like to have total control of their coin, and since Bitcoin is a P2P currency, their only kind of control is having a huge share of the 21 million coins. I really don't think it will become a global currency, as it is quite an unstable little thing.

Well bitcoin its already a global currency, sure countries and the most part of the world doesnt know bitcoin, but for me as long im able to send bitcoins anywhere over the world, makes it a global currency, i doubt countries will consider bitcoin a currency as its decentralized, it would be the same to call them idiots to control the fiat system.

XbladeX

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Quote from: CroSany on September 10, 2016, 06:56:38 PM

I wouldn't technically consider Bitcoin as a global currency, as it still isn't very widely known. Countries tend to like to have total control of their coin, and since Bitcoin is a P2P currency, their only kind of control is having a huge share of the 21 million coins. I really don't think it will become a global currency, as it is quite an unstable little thing.

and block size tx/s are limiting BTC hard later in future coin that have superior flexibility will win, Maybe BTC will remain as eGOLD token but it won't be unlimited use currency, once stupid miners will realize that block size and time is limiting coin it it will be over people will move to other faster vessel,
maybe we don't know name of it now for sure it won't be BTC with current state

CroSany

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I wouldn't technically consider Bitcoin as a global currency, as it still isn't very widely known. Countries tend to like to have total control of their coin, and since Bitcoin is a P2P currency, their only kind of control is having a huge share of the 21 million coins. I really don't think it will become a global currency, as it is quite an unstable little thing.

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Quote from: BitMaxz on September 10, 2016, 06:21:06 PM

I think bitcoin is already been a global currency almost all countries right now should have a bitcoin because of popularity..
But we are still need more users so that the price of bitcoin will increase more if they can afford to buy more bitcoins..

I guess it has not been achieved, because there are some countries that still see bitcoin as a threat that it could make an illegal transaction becomes higher if it is made as a global currency. but, I also believe that bitcoin will be inaugurated as a global currency, because so many advantages possessed bitcoin of the losses that have for users bitcoin

BitMaxz

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I think bitcoin is already been a global currency almost all countries right now should have a bitcoin because of popularity..
But we are still need more users so that the price of bitcoin will increase more if they can afford to buy more bitcoins..

nova-rider

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It's not surprising, and the governments won't be able to stop bitcoin. We have to hear good stuff about this coin, not only negative ones . I'm in bitcoin, and i believe will become the top global currency.

bluechipinvestor

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Yes bitcoin became very big globally accepted currency . It will eventually be used even in illegal position in some countries. When it sees socially acceptance from basic users like young adults , it will be even bigger.

Noctis Connor

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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.

im not that sure if bitcoin is becoming global currency because in russia they starting to accept bitcoin right now and US and other country are populated and many people are using bitcoin there thats why bitcoin are grose and thats a good news that some country and in there store are now accepting bitcoib.

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