Bitcoin is the global currency of Earth - page 3.

breakers11

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Quote from: lexuz on February 24, 2016, 12:06:54 PM

maybe i will call it for bitcoin is the popular currency of earth for who use bitcoin in around the world but fiat is still number one and bitcoin never ever can replace fiat currency.

I thinks Bitcoin is more profitable than fiat. Fiat Currency is not much known by peoples, even i also don't know this currency. I support only Bitcoin.

lexuz

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maybe i will call it for bitcoin is the popular currency of earth for who use bitcoin in around the world but fiat is still number one and bitcoin never ever can replace fiat currency.

wikenpp

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Quote from: CryptoBjorn on February 24, 2016, 08:55:52 AM

That is not true. There are many other currency that is bigger than Bitcoin, and of course it is more popular soon.
The popular now is increasing but you dont know about the value. It is hard to predict the value of Bitcoin. You must take the risk when you want to sell it.

You are right that there are a lot of currency's bigger, but you have to keep in mind that the bitcoin itself is one of the fast growing currency's of the century.
I think that says already enough and we can say it would be possible but it will take years to even do this but its 100% possible!

vrm86

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Bitcoin has many advantages that could make it the global dominating legal tender, but for some reasons it's not yet. On the other hand we have an USD - currency accepted almost everywhere in the world, but it was meant to be just national mean of payment. Bitcoin supporters should consider wider spectrum of factors before announcing such things like title of this thread (which I wish to become true!).

CryptoBjorn

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That is not true. There are many other currency that is bigger than Bitcoin, and of course it is more popular soon.
The popular now is increasing but you dont know about the value. It is hard to predict the value of Bitcoin. You must take the risk when you want to sell it.

y8tvkid

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Quote from: matete on February 24, 2016, 07:11:52 AM

Quote from: bitlancr on February 18, 2016, 07:39:44 AM

It is possible indeed. It is now very popular around this time. But it has now a low value around this time.
Some people dont even know what Bitcoin is and that is a big problem. I hope more people will use Bitcoin in the future.

It is true that bitcoin is not properly publicized and embraced by the masses. Only few people know it and are using it. It will only become a global currency once it has more than 75% reach globally.

It will take a long time to reach there as the awareness level of people is not going to reach at extreme level overnight, and bitcoin is a currency at a moment too.

matete

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Quote from: bitlancr on February 18, 2016, 07:39:44 AM

It is possible indeed. It is now very popular around this time. But it has now a low value around this time.
Some people dont even know what Bitcoin is and that is a big problem. I hope more people will use Bitcoin in the future.

It is true that bitcoin is not properly publicized and embraced by the masses. Only few people know it and are using it. It will only become a global currency once it has more than 75% reach globally.

mexxer-2

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Quote from: novgod on February 18, 2016, 07:44:35 AM

This however isn't a problem as a single satoshi can be infinitely subdivided to meet demand.

Quote

The satoshi is currently the smallest unit of the bitcoin currency recorded on the block chain

Without a side-chain(not sure if its possible even with one), sending less than a satoshi is not possible

Edit: Also, a change in Bitcoin protocol also known as a hard fork can allow mining of coins more than 21 million,

novgod

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It is pretty sad when I see the inflation is good for currency myth propagated, even between economists. For sure inflation is good for the ones in debt, thus ideal for governments ! But for savers, inflation is terrible and deflation suits them much better. So you have two sides here and saying one is better for currency is ridicilous. By the way, Bitcoin solve this because the final supply is constant, not increasing or decreasing. I'm not sure if that's correct; given an infinite amount of time the Bitcoin supply would approach 0 as all the private keys are lost or destroyed. This however isn't a problem as a single satoshi can be infinitely subdivided to meet demand.

Hirose UK

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Quote from: tobacco123 on December 15, 2015, 11:32:45 PM

Hmmm... I think we should be more ambitious... Bitcoin: Global currency of the Earth, the Moon, the Mars... the Universe!

are you serious? bitcoin as currency of the universe will be possible as long as there are creatures over universe who know to use bitcoin.

if it's just in earth, maybe it's possible as long as many people promote bitcoin and of course it will take long time

bitlancr

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It is possible indeed. It is now very popular around this time. But it has now a low value around this time.
Some people dont even know what Bitcoin is and that is a big problem. I hope more people will use Bitcoin in the future.

labwork

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Well, not yet... Global currencies on earth are USD, EURO, GBP etc. Bitcoin is still relatively unknown virtual currency but without big global influence.
This is reality and we should accept it. Of course, eventually i believe that bitcoin will become mainstream but this will not happen so quickly.

caixa

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Bitcoin can become a global currency, but there is a long way to go. First of all financial institutions should accept bitcoin being a valid/legal form of ledger. That does not happen all of a sudden!

breakers11

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Bitcoin is all the best. I believe, it would become the global currency. Mostly people are not known about bitcoin, its uses ! We should aware the world about this currency.

-XXIII-

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If Bitcoin can play into the Illuminati's agenda, which it seems to do a good job at integrating with technology (imagine RFID chips with btc wallets), it's a borderless currency just like they want a one-world governance, this monetary system plays right into that.

The only problem is the decentralization, and no-takeback transfer system. The push for RBF and whatever the fork core is coding may be driven by a hidden hand.

Why wouldn't the illumanti just create their own crypto currency? Govmn't of Canada did this with MintChip, but I still don't know how it works. Why didn't that take off? Cause the majority of people already have use digital currency: online banking. I can go for months without seeing a dollar in my hand, and can spend a shit ton of cash (if I had any).

The point is, I can't tell if Bitcoin is a part of the illuminati agenda or not. The whole 'beast-system'. If the number of the beast is the number of a man, then Bitcoin and it's binary created and managed by man must fit into that description.

Cool

aardvark15

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Since it is universal and is the first and most recognized cryptocurrency, I think it has a chance to be considered a global currency. It will take years to get there, but it's possible.

Hamaber

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Quote from: mrflibblehat on February 16, 2016, 02:24:37 PM

It will rise slowly until all is mined. Then will be interesting to see what happens.

I think none of us will see the mine of all the bitcoin. Maybe our great grand children will see that. Bitcoin would be totally different.

mrflibblehat

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It will rise slowly until all is mined. Then will be interesting to see what happens.

Pirator

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Quote from: CoinsRoyal on February 05, 2016, 05:58:12 PM

Quote from: PakistanHockeyfan on February 05, 2016, 05:31:13 PM

We have quite the journey to take before Bitcoin becomes the overall number one used currency. We need to educate people that don't know of it. We need to eliminate the terrible reputation.

The journey will be long and yes it will be bumpy.
But in the end i believe bitcoin will make it to the top 3 of currencies.

I think it will be the top 5 in 2020. Then it will go up one spot every decade. It will take some time for it to be the top one.

CoinsRoyal

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Quote from: PakistanHockeyfan on February 05, 2016, 05:31:13 PM

We have quite the journey to take before Bitcoin becomes the overall number one used currency. We need to educate people that don't know of it. We need to eliminate the terrible reputation.

The journey will be long and yes it will be bumpy.
But in the end i believe bitcoin will make it to the top 3 of currencies.

Topic: Bitcoin is the global currency of Earth - page 3. (Read 7886 times)