Topic: Bitcoin is Becoming a Global Currency - page 95. (Read 226367 times)

thats true and it is really great that a lot of people are into bitcoins right now, i think that it can make us big profit because of that as the price gets pumped more often

I do think that Bitcoin already is a global currency to be honest because you can make use of it if you have access to the internet.

The trend is we are growing in numbers, a slow growth but consistent is what makes the future of bitcoin a promising one, that is one of the indicators or factors that is why I am so confident with my investment, since the supply is just limited the demand wills surely increase and the next thing will happen is to see a good price.

thankfully bitcoin users count will be just growing in the future, i hope that bitcoin is going to become really huge and make me decent profit

Yes, people will prefer bitcoin for their currency as a global currency and the reason is the same as you mentioned that bitcoin is not own by a single country but it is a currency of the whole globe.

I think the globalization has already started now people(I am saying people, not states) do not have any hostility to other nations , they want to live a one union and for that we need a global currency which will not have any one nation owner so that a difference is not created, and for that bitcoin is a best choice.

It's the test phase of the Global Currency that will be launched together with the Global Police, Global Government etc. We're slowly being led to the globalization..

yes it is really becoming a global currency, the people of the modern world  are now taking interest in digital currency, therefore more and more people are taking interest in bitcoin and they are investing their money in detail.

i agree with you and you are right that bitcoin users are going to increase in huge number day by day and people are getting awareness about bitcoin very quickly and a huge number of people adopting bitcoin in huge amount .

That is right. More and more people are using the bitcoin now. So the network is quite congested. That is a proof.

yeah I was very happy when there are a lot of people begin to adopt the bitcoin as the key to all evolutionary bitcoin bitcoin is of the adoption of the future. so I really hope that they continue to grow

It can easily beat Dollar if enough people wanted.   Dont forget that bitcoin is still just a  guy on rollerskates in the middle of a nascar race right now, its barely a contender in comparison and can only venture manoeuvrability as superior really.   It could be more then that, growth of technology is exponential and I dont doubt many are willing to support a bitcoin structure .  Dollar is strong because its so well backed by various wealthy political factions across the world.
  
Even the Russians who would like dollar to fail actually do back the dollar system because they must do so to take part in world trade as a large exporter and importer with the world.  With China directly they may swap currency but its arguable how efficient that is when both governments are not free nations or real representatives of capitalism.    The US dollar has to really mess up to make those two look good in their management, with all the QE and money wasted on fiscal deficits I think that time is coming.   Bitcoin could be a contender if those who control its fate and direction in the blockchain or whatever are sensible enough not to be biased in any major way


Put it simply, if bitcoin is not enabling global currency transactions and trade then I dont think it will continue even its present success.    It has to be an enabler to those disadvantaged by a rigid biased dollar system and it will justify its own success without subsidy

I don't think so, maybe it can be a global internet currency or global cryptocurrency, but i don't believe that bitcoin can beat dollar now and in future.

My answer would be yes. Bitcoin has become a global currency, in Australia for example, Bitcoin will save for people hundreds of billions of dollars per year, due to transactions fees.

i guess effect of mass adoption already seen now where prices are not easily collapsed as before although there is news that there will be an auctioneer or one bitcoin exchange site has been hacked but bitcoin prices remained relatively strong despite unstable but only slightly decreased.

At that time there were much less people in bitcoin, now the span of bitcoin users is increasing with faster speed, and a number of businesses are also going to adopt bitcoin for their payment, so in that condition we can sure that if this time the price of bitcoin reached to that much value then it will not be a just bubble but it will be the effect of mass adoption.

The problem is if you offer bitcoin here in my place friends and family they can not know about it and most of them they didnt know how bitcoin work.
They are not interested if you are just inform it to them..
Aso bitcoin is already global effective in any sites.

you are right if we support bitcoin mean introduce about bitcoin to our friends and family members then i hope bitcoin will be get more popularity and get more stronger and then it will be a global currency .

It's not theory since you have some real facts based on what will happen. First of all, the adoption is really a factor for one country to accept bitcoin. But of course it will not take the easy path since government will study first all the associated risk if their people will use this currency.

Using fiat has risk, so same with bitcoin that's why they will have to analyze it first before making such regulations.

Increasing of community is always good, more users of bitcoin, more chanses than we will see accepting bitcoins in different countries, but still not sure on this theory