Bitcoin is the global currency of Earth

wuvdoll

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Quote from: shinratensei_ on June 25, 2016, 08:33:27 AM

Quote from: Oralmat on June 25, 2016, 08:14:02 AM

Quote from: breakers11 on June 20, 2016, 11:18:45 PM

Quote from: gerXhonza on June 16, 2016, 03:39:09 PM

Quote from: Superbitzz on June 16, 2016, 03:36:01 PM

i think presently it is not the global currency of the earth becasue so many people do not know any thing about it. but it is look like that in future it may be the global currency of the world.

Very few people across the globe are aware about the bitcoin and that doesn't make it global currency, but things may change in future when it will be widely used and accepted.

If people say that bitcoin is a global currency now, I think they are saying wrong. Many countries in the world are not known about this currency. If a a country using bitcoin, than only a few people of it are using bitcoin. If this currency is to become global, then it should be spread out widely. More they known about it, more they become interested in it. Only internet is not only a source of awareness about bitcoins, I think it should be started at higher level.

You are right about the thing that we cannot claim bitcoin a global currency as it is not used globally. But it is used online globally and there is no restrictions of boundaries.

We can't claim if bitcoin is a global currency because in my region a lot of people doesn't know about bitcoin, for online globally maybe some little people is still unfamiliar with bitcoin.

USD is till the global currency of the earth because that's what's almost every currency is being compared to, to know it's value. It would take a very long time to change the global currency from USD to bitcoin and a very large money, and a very powerful/influential person to do so.

shinratensei_

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Quote from: Oralmat on June 25, 2016, 08:14:02 AM

Quote from: breakers11 on June 20, 2016, 11:18:45 PM

Quote from: gerXhonza on June 16, 2016, 03:39:09 PM

Quote from: Superbitzz on June 16, 2016, 03:36:01 PM

i think presently it is not the global currency of the earth becasue so many people do not know any thing about it. but it is look like that in future it may be the global currency of the world.

Very few people across the globe are aware about the bitcoin and that doesn't make it global currency, but things may change in future when it will be widely used and accepted.

If people say that bitcoin is a global currency now, I think they are saying wrong. Many countries in the world are not known about this currency. If a a country using bitcoin, than only a few people of it are using bitcoin. If this currency is to become global, then it should be spread out widely. More they known about it, more they become interested in it. Only internet is not only a source of awareness about bitcoins, I think it should be started at higher level.

You are right about the thing that we cannot claim bitcoin a global currency as it is not used globally. But it is used online globally and there is no restrictions of boundaries.

We can't claim if bitcoin is a global currency because in my region a lot of people doesn't know about bitcoin, for online globally maybe some little people is still unfamiliar with bitcoin.

Oralmat

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Quote from: breakers11 on June 20, 2016, 11:18:45 PM

Quote from: gerXhonza on June 16, 2016, 03:39:09 PM

Quote from: Superbitzz on June 16, 2016, 03:36:01 PM

i think presently it is not the global currency of the earth becasue so many people do not know any thing about it. but it is look like that in future it may be the global currency of the world.

Very few people across the globe are aware about the bitcoin and that doesn't make it global currency, but things may change in future when it will be widely used and accepted.

If people say that bitcoin is a global currency now, I think they are saying wrong. Many countries in the world are not known about this currency. If a a country using bitcoin, than only a few people of it are using bitcoin. If this currency is to become global, then it should be spread out widely. More they known about it, more they become interested in it. Only internet is not only a source of awareness about bitcoins, I think it should be started at higher level.

You are right about the thing that we cannot claim bitcoin a global currency as it is not used globally. But it is used online globally and there is no restrictions of boundaries.

breakers11

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Quote from: gerXhonza on June 16, 2016, 03:39:09 PM

Quote from: Superbitzz on June 16, 2016, 03:36:01 PM

i think presently it is not the global currency of the earth becasue so many people do not know any thing about it. but it is look like that in future it may be the global currency of the world.

Very few people across the globe are aware about the bitcoin and that doesn't make it global currency, but things may change in future when it will be widely used and accepted.

If people say that bitcoin is a global currency now, I think they are saying wrong. Many countries in the world are not known about this currency. If a a country using bitcoin, than only a few people of it are using bitcoin. If this currency is to become global, then it should be spread out widely. More they known about it, more they become interested in it. Only internet is not only a source of awareness about bitcoins, I think it should be started at higher level.

PsursV

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yes it is a fact that bitcoin is now the global currency of the world. i think there will be not a single state where people are not using bitcoin. therefore w can say that bitcoin has become the global curreny of the world.

gerXhonza

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Quote from: Superbitzz on June 16, 2016, 03:36:01 PM

i think presently it is not the global currency of the earth becasue so many people do not know any thing about it. but it is look like that in future it may be the global currency of the world.

Very few people across the globe are aware about the bitcoin and that doesn't make it global currency, but things may change in future when it will be widely used and accepted.

a7mos

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if one bitcoin is worth $750 this does not mean that bitcoin is stronger than USD. because there are only 15 million bitcoins out there while on the other hand there are trillions of dollars so this comparison can not work that way

Superbitzz

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i think presently it is not the global currency of the earth becasue so many people do not know any thing about it. but it is look like that in future it may be the global currency of the world.

rababo

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Quote from: stromma44 on May 23, 2016, 08:36:20 AM

We cannot consider bitcoin as a global currency at this stage as still many people are not aware about it and not even heard about it, when it is known by each and every individual it can be a global currency.

I agree with this. We can't say Bitcoin is global currency if many people not aware with Bitcoin existence. People is still unfamiliar with Bitcoin, especially in internet less region.

Hamaber

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Quote from: bitlancr on May 23, 2016, 09:53:05 AM

The global currency is indeed the bitcoin, I really like this because the fact is that its a global currency and can be used for all kind of things in my eyes.

I used bitcoin to pay somebody in another country, without the need to use a bank, it is quite convenient.

bitlancr

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The global currency is indeed the bitcoin, I really like this because the fact is that its a global currency and can be used for all kind of things in my eyes.

Altcoinsupporter

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Quote from: ivanst776 on April 17, 2016, 03:02:24 AM

Quote from: Blackmet on April 16, 2016, 07:50:57 PM

But this super currency still illegal in different countries also a lot of bitcoin haters still wating for bitcoins death. It will not become global currency till it's illegal.

don't worry. it will become legal so soon. governments are started allowing bitcoin . in future bitcoin will be legal for every country and bitcoin will be used in any street of world same like fiat currency.

As you can see now you see also that Bitcoin is becoming more acceptable as payment method and that is perfect for the currency itself.
But it have also to change and that is that the value of the Bitcoin have to rise and that is important.

Bitcoinpro

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Quote from: stromma44 on May 23, 2016, 08:36:20 AM

We cannot consider bitcoin as a global currency at this stage as still many people are not aware about it and not even heard about it, when it is known by each and every individual it can be a global currency.

most people have heard about it by now

grapevinebitcoin

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I think the main, unrealized power of bitcoin is the instantaneous transfers and incredibly low transfer fees. This is what makes it a true global currency.

stromma44

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We cannot consider bitcoin as a global currency at this stage as still many people are not aware about it and not even heard about it, when it is known by each and every individual it can be a global currency.

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Quote from: Betwrong on April 17, 2016, 03:02:51 AM

Quote from: Blackmet on April 16, 2016, 07:50:57 PM

But this super currency still illegal in different countries also a lot of bitcoin haters still wating for bitcoins death. It will not become global currency till it's illegal.

Although Bitcoin is not considered a legal currency in most countries it is not strictly illegal there, you can use it without being prosecuted by government. But in some countries it is really illegal unfortunately. Those countries include: Bolivia, Bangladesh, Ecuador, Kyrgyzstan and some others.

I feel sad for those people who live in those country who can be prosecuted if they used bitcoin.
I agree with blackmet if the bitcoin is still illegal like in those countries stated above then bitcoin wont become a global currency.

Betwrong

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Quote from: Blackmet on April 16, 2016, 07:50:57 PM

But this super currency still illegal in different countries also a lot of bitcoin haters still wating for bitcoins death. It will not become global currency till it's illegal.

Although Bitcoin is not considered a legal currency in most countries it is not strictly illegal there, you can use it without being prosecuted by government. But in some countries it is really illegal unfortunately. Those countries include: Bolivia, Bangladesh, Ecuador, Kyrgyzstan and some others.

ivanst776

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Quote from: Blackmet on April 16, 2016, 07:50:57 PM

But this super currency still illegal in different countries also a lot of bitcoin haters still wating for bitcoins death. It will not become global currency till it's illegal.

don't worry. it will become legal so soon. governments are started allowing bitcoin . in future bitcoin will be legal for every country and bitcoin will be used in any street of world same like fiat currency.

Moneroman88

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I read 'Bitcoin is the global warming currency of Earth' at first. Hilarious if you think about all the heat and energy it produces as a byproduct of securing the blockchain.

Topic: Bitcoin is the global currency of Earth (Read 7886 times)