As it stands, if every satoshi was worth $1, the market cap would be ~2.1 trillion,
Is this correct ? 21,000,000 x 1,00000000 = 21,100,000,000,000,000 surly that's more than 2.1 trillion?
Topic: Bitcoin is the global currency of Earth - page 8. (Read 7886 times)
As it stands, if every satoshi was worth $1, the market cap would be ~2.1 trillion,
Is this correct ? 21,000,000 x 1,00000000 = 21,100,000,000,000,000 surly that's more than 2.1 trillion?
It's easy to say it here in the Bitcointalk. There is always at least one point which can be used to support such statement. But let's go and ask people in your city or just family. Who is using Bitcoin? There is a long journey for Bitcoin to be global currency.
Actually the current global currency accepted everywhere is the U.S. Dollar mate. I hope the Bitcoin can displace the greenback someday, but I still can see a strong and healthy Uncle Sam.
Not yet in my opinion but have very good potential to become global currency.
Personally, I believe that soon Bitcoin will become mainstream but we all have to support it and make effort.
When you buy online ask merchants to add bitcoin as payment option, and if they receive many such requests they will accept it.
If you see negative report about bitcoin in media react, send complain etc.
Such small things really can help us to become global currency of Earth
Personally, I believe that soon Bitcoin will become mainstream but we all have to support it and make effort.
When you buy online ask merchants to add bitcoin as payment option, and if they receive many such requests they will accept it.
If you see negative report about bitcoin in media react, send complain etc.
Such small things really can help us to become global currency of Earth
its easily the strongest cryptocurrency valued 450 times more than the US dollar
the first Super currency and the best store of wealth due to its cryptographic network strength
the first Super currency and the best store of wealth due to its cryptographic network strength
True... Bitcoin is designed for globalisation.
Bitcoin is still not use in every country, but I believe that in the future people will just start using it. I think the most the new generation so the young one will use bitcoin more often than us. When that happens a lot of country will adopt bitcoin.
Later more atm will come for bitcoins so that we just can cash some money with it.
Later more atm will come for bitcoins so that we just can cash some money with it.
things will happen if we take some actions. if in your country there aren't many bitcoin merchants or services, you can start your own since you'll be one of the very few that will benefit from the demand. it's basically a win win situation. you are making profits, and you'll also help the bitcoin economy. if we keep waiting, not much will change. if we take action, we can achieve a lot.
if you are live in san francisco. you can find many sellers who accept bitcoin. bitcoin is really be currency on there?
its easily the strongest cryptocurrency valued 450 times more than the US dollar
the first Super currency and the best store of wealth due to its cryptographic network strength
everyone who use and adopt bitcoin will hope like that,but lets be realistic.the first Super currency and the best store of wealth due to its cryptographic network strength
so many reason why bitcoin need some years for being global currency,as we know,not many country accept bitcoin,and they also ban it, but if you call bitcoin become global currency,its was true,just not mainstream like paypal or US dollar.
Bitcoin is still not use in every country, but I believe that in the future people will just start using it. I think the most the new generation so the young one will use bitcoin more often than us. When that happens a lot of country will adopt bitcoin.
Later more atm will come for bitcoins so that we just can cash some money with it.
for atm bitcoin it is launching a year ago, in my country there are have 2 atm bitcoin ( bali and jakarta )Later more atm will come for bitcoins so that we just can cash some money with it.
very helpful and received with pleasure by the people around there, but I have never tried it
its easily the strongest cryptocurrency valued 450 times more than the US dollar
the first Super currency and the best store of wealth due to its cryptographic network strength
the first Super currency and the best store of wealth due to its cryptographic network strength
Bitcoin is successful crypto currency , and each day it's growing up and used by more big and famous marketplaces and ewallets online, so we expect it will be the first global currency soon
I have no doubt a Bitcoin will be worth $1 million, not so much because of the strength of Bitcoin as a global currency, but because of the inherent weaknesses in the US dollar going forward. Global support and confidence in the dollar is fading while Bitcoin continues to rise. the third world war hasn’t even grasped the value of Bitcoin yet
Bitcoin is still not use in every country, but I believe that in the future people will just start using it. I think the most the new generation so the young one will use bitcoin more often than us. When that happens a lot of country will adopt bitcoin.
Later more atm will come for bitcoins so that we just can cash some money with it.
Later more atm will come for bitcoins so that we just can cash some money with it.
Bitcoin is global, yes, but it's a fucking horrible currency! As it gains value, it encourages hoarding (HODLING) and thus people never use it.
what is really discouraging the usage of bitcoin is acceptance which is very restricted nowadays, nothing else, the deflationary system is perfect better than the inflationary crap that fiat is sustaining
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.
Bitcoin is global, yes, but it's a fucking horrible currency! As it gains value, it encourages hoarding (HODLING) and thus people never use it.
what is really discouraging the usage of bitcoin is acceptance which is very restricted nowadays, nothing else, the deflationary system is perfect better than the inflationary crap that fiat is sustaining
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.
Bitcoin will play a big roll in the future of man I am sure but we have a very long way to go and maybe only just get to see it within the next ten to 20 years. You say it is a "Super currency and the best store of wealth due to its cryptographic network strength" I agree but we need others to see that as well before it is widely accepted. Time will tell,, if nothing else we know how to store our money in a much safe way than 99% of the planet.
I find this article
Bitcoin to Be the National Currency of Atlantis, Really
Welcome to Liberland: Where Bitcoin is the National Currency
in future i believe bitcoin can replace usd
Bitcoin to Be the National Currency of Atlantis, Really
Welcome to Liberland: Where Bitcoin is the National Currency
in future i believe bitcoin can replace usd
I really doubt that bitcoin will ever replace bitcoin, I have some hope, but deep down, I know it will never happen. I think that the 2 just have to coexist with each other.
As the world is turning into one big city there is the need to have a standardized means of exchange. Bitcoin as accomplished just that. It might not be the one that sticks around, but, at least the concept as born.
Bitcoin is the de facto digital currency. It has the largest market capitalisation. So it can be used as a reserve currency for digital world.
As the world is turning into one big city there is the need to have a standardized means of exchange. Bitcoin as accomplished just that. It might not be the one that sticks around, but, at least the concept as born.
Bitcoin is the de facto digital currency. It has the largest market capitalisation. So it can be used as a reserve currency for digital world.
What are you doods smoking here? Bitcoin is global, yes, but it's a fucking horrible currency! As it gains value, it encourages hoarding (HODLING) and thus people never use it. And it's still the plaything of nerds and criminals. It needs much wider adoption before it becomes an everyday tool for the average person.
It's nice to hope, but damn. Let's be realistic here.
It's nice to hope, but damn. Let's be realistic here.
this is false, the hoarding encouraged is only momentary because right now bitcoin is very undervalued, at 1k+ or 10k+ you will see a massive usage and spending of bitcoin if it was accepted
what is really discouraging the usage of bitcoin is acceptance which is very restricted nowadays, nothing else, the deflationary system is perfect better than the inflationary crap that fiat is sustaining
I can honestly say that bitcoin is the strongest digital currency that i have come across. I am also sure that very many persons across the globe are attesting to this. One great challenge that i see that is pulling bitcoin is the inability of any body to regulate the flow of the coins as it does happen in other currencies. I was thinking that when a body is formed to regulate bitcoins, it will grower stronger that ever before.
its already done
What are you doods smoking here? Bitcoin is global, yes, but it's a fucking horrible currency! As it gains value, it encourages hoarding (HODLING) and thus people never use it. And it's still the plaything of nerds and criminals. It needs much wider adoption before it becomes an everyday tool for the average person.
It's nice to hope, but damn. Let's be realistic here.
Every new user in the ecosystem will push the price up just a tiny bit, since there is less to go around for others. Bitcoin is however gained as much adoption for it to be considered as an actual currency and isn't just some circle jerk between nerds and criminals. The ecosystem has developed tools for people to use in their day-to-day life like debt cards and phone wallets and many more. But realistically we need a lot more development before we could go after the global market. It's nice to hope, but damn. Let's be realistic here.
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