Bitcoin is Becoming a Global Currency - page 97.

Zaducis

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Quote from: rivoke on August 09, 2016, 09:48:57 AM

My goverment still not interest on bitcoin and hope they can see bitcoin existency around the world that getting being implement by other country.
For example : microsoft decide to use ETH for their project which boost altcoin popularity

It is very reasonably for many governments to support the bitcoin. It is too small at the moment for it to be noticeable.

Daneric

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Everyone who has not been living under a rock for the past 8 years may have heard the global economy is still stuck in a financial crisis. Even though the latest “banking crash” occurred back in 2008, the ramifications are still present this very day. The most straightforward – and utterly difficult – solution would be to come up with a way to enable free competition of non-state currencies. Bitcoin would be a prime candidate for this concept, as this borderless currency can be used everywhere in the world in the same manner, as well as be exchanged for all major local currencies.

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Quote from: rivoke on August 09, 2016, 09:48:57 AM

My goverment still not interest on bitcoin and hope they can see bitcoin existency around the world that getting being implement by other country.
For example : microsoft decide to use ETH for their project which boost altcoin popularity

We just have to wait mate, bitcoin is not that popular in the world, in due time we can see a massive adoption and that will totally happen in the future. Now, is just an investment time and with the support of the new comers we will create a huge community that would attract the investors to integrate bitcoin as their payment system.

rivoke

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My goverment still not interest on bitcoin and hope they can see bitcoin existency around the world that getting being implement by other country.
For example : microsoft decide to use ETH for their project which boost altcoin popularity

Crazygreek

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Quote from: vinci on August 09, 2016, 08:04:41 AM

not really global but a first world currency, here in third world countries they dont really know this currency is existing right now or only small amount of people know this coin. anyway its for the better I guess if I inform them about it.

Dude, bitcoin is still have a young and promsing status and many people don't know nothing about it, need to make some ads to make bitcoin more popular.

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not really global but a first world currency, here in third world countries they dont really know this currency is existing right now or only small amount of people know this coin. anyway its for the better I guess if I inform them about it.

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Quote from: VerdinaNET on August 09, 2016, 03:28:04 AM

In my opinion bitcoin is becoming a global currency and definitely more people are interested to know about it.

The reason bitcoin is becoming more and more global is the price of fiat differencing from country to country.

Just to give an example if you live in LA or mainly silicon valley and you are a software developer you get paid 100k yearly, but if you live in a third world country and you are a software developer you may get as low as 10k a year and maybe even less in some countries. Tough your living standard stays the same , what costs 10k in SV costs 1k in the other country. So if you work for a company in SV and get paid Bitcoin and live in the third world country now you are living with 100k but spend only 10k .

Bitcoin makes the world you know a lot smaller thanks to small fees and less government involvement.

VerdinaNET

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In my opinion bitcoin is becoming a global currency and definitely more people are interested to know about it.

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Quote from: Zaducis on August 09, 2016, 02:34:41 AM

Quote from: mirakal on August 09, 2016, 02:21:01 AM

Quote from: fravia on August 08, 2016, 06:34:23 PM

Quote from: opossum on August 06, 2016, 10:30:51 PM

Quote from: MTBTT on August 06, 2016, 06:52:00 PM

Quote from: Lionidas on August 06, 2016, 06:40:12 PM

It will eventually become more widely used by people at an international level so yes it will become a global currency. When that time is of when it will be accepted everywhere and take over all other currencies as a standard of commerce, only time will tell of that. Wink

yeah I think just about time to bitcoin could become a global currency. bitcoin already has all the facilities that support. bitcoin just need a lot of users. and it seems only a matter of time

Bitcoin can definitely become a future currency in future but you cannot ignore the fact that fiat will also exist in long run as there are more users of fiat in compare to bitcoin.

of course it is the currency of the future, in my opinion more and more people will be using it over time and it will be the only currency of the whole world

Are you dreaming? Bitcoin will never become the only currency in the whole world, that is too ambitious considering our current standing now, we are just an alternative currency and the fiat system will always prevail than any other currency because it is enforce by the government.

You are right. The bitcoin will not be the only currency. There will be other currencies like Ethereum or Monero.

Altcoins are also considered as currency but that is just an alternative currency for bitcoin, while what we are talking here is the fiat system versus the bitcoin platform which are mainly different from each other and they cannot replace each other due to its unique use.

Zaducis

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Quote from: mirakal on August 09, 2016, 02:21:01 AM

Quote from: fravia on August 08, 2016, 06:34:23 PM

Quote from: opossum on August 06, 2016, 10:30:51 PM

Quote from: MTBTT on August 06, 2016, 06:52:00 PM

Quote from: Lionidas on August 06, 2016, 06:40:12 PM

It will eventually become more widely used by people at an international level so yes it will become a global currency. When that time is of when it will be accepted everywhere and take over all other currencies as a standard of commerce, only time will tell of that. Wink

yeah I think just about time to bitcoin could become a global currency. bitcoin already has all the facilities that support. bitcoin just need a lot of users. and it seems only a matter of time

Bitcoin can definitely become a future currency in future but you cannot ignore the fact that fiat will also exist in long run as there are more users of fiat in compare to bitcoin.

of course it is the currency of the future, in my opinion more and more people will be using it over time and it will be the only currency of the whole world

Are you dreaming? Bitcoin will never become the only currency in the whole world, that is too ambitious considering our current standing now, we are just an alternative currency and the fiat system will always prevail than any other currency because it is enforce by the government.

You are right. The bitcoin will not be the only currency. There will be other currencies like Ethereum or Monero.

mirakal

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Quote from: fravia on August 08, 2016, 06:34:23 PM

Quote from: opossum on August 06, 2016, 10:30:51 PM

Quote from: MTBTT on August 06, 2016, 06:52:00 PM

Quote from: Lionidas on August 06, 2016, 06:40:12 PM

It will eventually become more widely used by people at an international level so yes it will become a global currency. When that time is of when it will be accepted everywhere and take over all other currencies as a standard of commerce, only time will tell of that. Wink

yeah I think just about time to bitcoin could become a global currency. bitcoin already has all the facilities that support. bitcoin just need a lot of users. and it seems only a matter of time

Bitcoin can definitely become a future currency in future but you cannot ignore the fact that fiat will also exist in long run as there are more users of fiat in compare to bitcoin.

of course it is the currency of the future, in my opinion more and more people will be using it over time and it will be the only currency of the whole world

Are you dreaming? Bitcoin will never become the only currency in the whole world, that is too ambitious considering our current standing now, we are just an alternative currency and the fiat system will always prevail than any other currency because it is enforce by the government.

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Quote from: opossum on August 06, 2016, 10:30:51 PM

Quote from: MTBTT on August 06, 2016, 06:52:00 PM

Quote from: Lionidas on August 06, 2016, 06:40:12 PM

It will eventually become more widely used by people at an international level so yes it will become a global currency. When that time is of when it will be accepted everywhere and take over all other currencies as a standard of commerce, only time will tell of that. Wink

yeah I think just about time to bitcoin could become a global currency. bitcoin already has all the facilities that support. bitcoin just need a lot of users. and it seems only a matter of time

Bitcoin can definitely become a future currency in future but you cannot ignore the fact that fiat will also exist in long run as there are more users of fiat in compare to bitcoin.

of course it is the currency of the future, in my opinion more and more people will be using it over time and it will be the only currency of the whole world

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Quote from: Hellacopter on August 08, 2016, 12:16:04 PM

Bitcoin is already global currency able to being used everywhere worldwide with ease. That's from the best features of this powerful crypto currency, and that is why it keep growing fast

I agree it is,but it wasnt official yet but who need an official announcement when everyone is already using it. Though, at this moment, I think majority thinks that bitcoin is some kind of token (investment token) where they can just hold and trade it when it become expensive.

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Bitcoin is already global currency able to being used everywhere worldwide with ease. That's from the best features of this powerful crypto currency, and that is why it keep growing fast

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Quote from: Zaducis on August 08, 2016, 04:22:55 AM

Quote from: pocarime32 on August 07, 2016, 12:30:17 AM

If bitcoin is becoming a blobal currency, i'm sure it will make the price of bitcoin increase so high and many people will using bitcoin around the world.

That is happening now. The bitcoin transactions have increased steadily over the years and the block is almost full.

Well, maybe it will happen soon, but before it became a global currency, bitcoin must be accepted by the whole of society, and the fact that not everyone receives it. they are afraid of using bitcoin, because a lot of untrue reports about bitcoin in its use. other than that a lot of people who do not know bitcoin and how to use it, so I guess the government will have to introduce bitcoin before it becomes a global currency

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Quote from: Zaducis on August 08, 2016, 04:22:55 AM

Quote from: pocarime32 on August 07, 2016, 12:30:17 AM

If bitcoin is becoming a blobal currency, i'm sure it will make the price of bitcoin increase so high and many people will using bitcoin around the world.

That is happening now. The bitcoin transactions have increased steadily over the years and the block is almost full.

bitcoin backers say despite all of the detractors and the 2015-16 doldrums, the controversial digital currency will continue up, as the number of bitcoin users and transaction volumes around the globe surge.
We're seeing this up and to right growth in transactions, that's the utility value going up as people use it more.

Johnny00

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Quote from: opossum on August 06, 2016, 10:30:51 PM

Quote from: MTBTT on August 06, 2016, 06:52:00 PM

Quote from: Lionidas on August 06, 2016, 06:40:12 PM

It will eventually become more widely used by people at an international level so yes it will become a global currency. When that time is of when it will be accepted everywhere and take over all other currencies as a standard of commerce, only time will tell of that. Wink

yeah I think just about time to bitcoin could become a global currency. bitcoin already has all the facilities that support. bitcoin just need a lot of users. and it seems only a matter of time

Bitcoin can definitely become a future currency in future but you cannot ignore the fact that fiat will also exist in long run as there are more users of fiat in compare to bitcoin.

Governments won't allow widespread usage of bitcoin until they find an easy way to track and tax it.

Zaducis

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Quote from: pocarime32 on August 07, 2016, 12:30:17 AM

If bitcoin is becoming a blobal currency, i'm sure it will make the price of bitcoin increase so high and many people will using bitcoin around the world.

That is happening now. The bitcoin transactions have increased steadily over the years and the block is almost full.

yndye

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Quote from: opossum on August 06, 2016, 10:30:51 PM

Quote from: MTBTT on August 06, 2016, 06:52:00 PM

Quote from: Lionidas on August 06, 2016, 06:40:12 PM

It will eventually become more widely used by people at an international level so yes it will become a global currency. When that time is of when it will be accepted everywhere and take over all other currencies as a standard of commerce, only time will tell of that. Wink

yeah I think just about time to bitcoin could become a global currency. bitcoin already has all the facilities that support. bitcoin just need a lot of users. and it seems only a matter of time

Bitcoin can definitely become a future currency in future but you cannot ignore the fact that fiat will also exist in long run as there are more users of fiat in compare to bitcoin.

Bitcoin has already attracted major investors and in order for them to profit into it, they should find a way to make it popular making other people buy and use bitcoin and in effect the value of bitcoin rises. I believe they are already doing something and for us small time investors/bitcoiners, we should also find a way to make bitcoin popular or make people be aware of its existence like introducing it to our family and friends and in our own little way we were able to help and if we all act on it then bitcoin will be more popular in just a matter of time.

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Quote from: cambda on August 07, 2016, 12:13:42 AM

Quote from: Gilf on August 07, 2016, 12:07:17 AM

Quote from: opossum on August 06, 2016, 10:30:51 PM

Quote from: MTBTT on August 06, 2016, 06:52:00 PM

Quote from: Lionidas on August 06, 2016, 06:40:12 PM

It will eventually become more widely used by people at an international level so yes it will become a global currency. When that time is of when it will be accepted everywhere and take over all other currencies as a standard of commerce, only time will tell of that. Wink

yeah I think just about time to bitcoin could become a global currency. bitcoin already has all the facilities that support. bitcoin just need a lot of users. and it seems only a matter of time

Bitcoin can definitely become a future currency in future but you cannot ignore the fact that fiat will also exist in long run as there are more users of fiat in compare to bitcoin.

To date, only bitcoin lead in the ranking of the demand cryptocurrency. Perhaps for some time, and others will take their place popular. But it's really a matter of time.

I don't see any crypto that can take place of bitcoin at a moment and it will be also difficult in future as there is no other digital currency at a moment that can replace bitcoin in long run.

I think the new cryptocureency will always be shown with their new innovations. would be quite possible for cryptocurrency have better technology than bitcoin? but users prefer bitcoin already than other cryptocurrency. I think to be able to take over the position of bitcoin. would be very difficult for other cryptocurrency

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