Bitcoin to be international currency

Irvinn

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Quote from: hyudien on May 12, 2016, 11:16:19 AM

If bitcoin to be international currency, what do you think?
You can use it every where and anywhere, without exchange it.
And how to use transaction with it, if bitcoin just crypto currency?
How many people like with this thread?

From the point of view of ordinary people, bitcoin is already an international currency. Already, bitcoin can be used to transfer funds to any country without any restrictions. However, in order for bitcoin to be considered an international currency, it must be used by states for settlements in international trade agreements. But this is still far away. True, I recently read that in December an agreement was reached between Turkey and Russia on the supply of barges to Turkey, in my opinion, sunflower oil, and this agreement was in bitcoin. I think that one of the parties in this agreement won, and the second lost, because at this time bitcoin fell sharply in its price. The volatility of bitcoin is something that will prevent the introduction of bitcoin on an international level.

TraiKH

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In my opinion, Bitcoin is a different concept in its category and nature in order to become an international currency as the USD is showing. But if you look at it fairly, bitcoin can become a digital currency that is accepted as a popular payment method in the world in the near future.

Burogh

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COVIR.IO

Quote from: Semar Mesem on April 17, 2018, 11:32:51 PM

Everyone hopes that the world should have one currency that applies internationally, and I hope that bitcoin is a candidate we can propose, with the number of users continuing to rise so I hope this happens soon.

Its hard to make single currency in this world because every country have different economic growth. I am believe that bitcoin can accepted around the world but not as currency we know right now. Bitcoin can be currency for internet transaction and people can use it for trade or payment on internet

esa2782

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that will be great, but with the good system and also good environment, because bitcoin is one of the many digital currencies, and as far as i know bitcoin is limited to only 22 million if i am not mistaken, so if all of it have been mined, the concentration of its will be very tight and will increase high demand, i think the ideal concept i think is not limited into one digital currency, but more, like what we have with paper money nowadays, but in digital form, because it will be more easier for people lets say to move around the globe for fun or for business.

wewe123

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🚀🚀 ATHERO.IO 🚀🚀

If it will be approved by the governing bodies all over the world that bitcoin will be international currency that is a good progress for all the members of bitcoin. If this will come true then it is easy for us to transact business around the world because it is recognize as international currency.

Sanitough

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Quote from: ?? on ??

I think bitcoin can be an international currency, but for now, it's still hard for bitcoin because there are still many things that bitcoin need complete first, like having a physical unit like paper money for bitcoin.

No, bitcoin will remain an online currency.
The thing that would make it more successful is when it's fully regulated, we are like transacting using fiat
and we will be subject with a tax and comply with the law.
This way it would strengthen bitcoin because institutional money will come in to the market.

Stac

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I hope in the future when all the government's worldwide accept the bitcoin and blockchain technology, then bitcoins will be in the forefront of all the crypto currencies as it is the first crypto currency in the world of crypto networking in such a situation in every field of work be it in hospitals , schools and corporate offices will start to use the bitcoin network which makes all the transactions and payments easier and faster for the user's and the end users respectively.

breathlessz

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Trphy.io

Quote from: Vaniaevergarden on April 18, 2018, 01:16:15 AM

I think that countries should go to buy now bitcoins when halving becomw finished and wait until raise prize to up and then sell bitcoins to decrease country debt.I think that countries should find some binary option expert and open companies for trading and save countries from huge criminal MMF debts.

i think it's not that easy, if the state buy bitcoin now, i think the beneficiaries are the countries that have legalized btc, because they will get a big profit, and the people will suddenly prosper.

dekafee79

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Quote from: hyudien on May 12, 2016, 11:16:19 AM

If bitcoin to be international currency, what do you think?
You can use it every where and anywhere, without exchange it.
And how to use transaction with it, if bitcoin just crypto currency?
How many people like with this thread?

today, not all people know about bitcoin, if bitcoin can be international currency every people must know about bitcoin. maybe in future, it can happen.

dubinsky

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I'm not sure with bitcoin as currency, especially if bitcoin as international currency because its value is very unstable. It seems to be difficult to realize that, or even never will be realized. Some governments will surely be trying to undermine.

Vaniaevergarden

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I think that countries should go to buy now bitcoins when halving becomw finished and wait until raise prize to up and then sell bitcoins to decrease country debt.I think that countries should find some binary option expert and open companies for trading and save countries from huge criminal MMF debts.

Argoo

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From the point of view of individual citizens, bitcoin can be considered an international currency, since it provides an opportunity to transfer money to any point of the globe anonymously and without any control from the state or any third parties. From the point of view of states, bitcoin is not yet an interstate currency, since it is used very little as money under international trade agreements. I just heard about such an agreement between Russia and Turkey in December last year.

Semar Mesem

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Everyone hopes that the world should have one currency that applies internationally, and I hope that bitcoin is a candidate we can propose, with the number of users continuing to rise so I hope this happens soon.

jepoyr1

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If this bitcoin as a world currency I agree because all the majority of the world using bitcoin, maintren must gain popularity in the future, therefore, it is a bitcoin user must fully support as a world currency.

Andre#

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Quote from: jak3 on April 06, 2018, 03:38:39 PM

I think that is when I work but honestly, people are much more scared of cryptocurrency and that's the main reason they do not accept cryptocurrency as a payment method. Only bigger Industries or bigger shops which afford to take rest have used this opportunity to accept altcoins and Bitcoin in their shops. If you want Bitcoin to be International currency then all the people of the world should accept Bitcoin as a payment or at least most of them should from each country.

First of all, Bitcoin has not high liquidity, the Bitcoin market needs to has high liquidity for all people use it for payment.
Beside that, the value of Bitcoin easily changes by the investor, because the nature of Bitcoin market is speculative, it easily changes by the mentality of almost traders in the market.
Finally, there is no cryptocurrency has enough capacity to support all transactions of global. Grin

Jembut Ireng

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Can be said that bitcoin has become international currency, all users from various world agree that bitcoin made world currency so that transaction becomes easier and more concise than fiat certain country.

cahbagus555

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Quote from: Angi on April 06, 2018, 06:59:30 AM

Bitcoin now is allknown all over the world and I think its also a international cryptocurrency because a lot of international ico or any kind of business accepts bitcoin for payments so definitely it will be happen all over the world that all people use bitcoin as a one currency.

Many people around the world now connected internet. They must be need currency that have low fee on transaction and fast transfer. Bitcoin can give that and I am believe that bitcoin already popular around the world and they will accept it

Gudhal Untu

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Quote from: ?? on ??

Bitcoin is already an international currency and that means that you can use anywhere but you need to make sure that there is an internet connection so you can send or receive bitcoin without any problems.

Yes, this is because bitcoin is already used by users from all over the country and they can deal directly with bitcoin, bitcoin knows no borders of state and region so that it can be said that bitcoin is international currency.

RKSummer

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Quote from: Evildrum on May 12, 2016, 01:53:30 PM

Bitcoin can be international but I do not think we are seeing use in every corner of the globe, yet. Some what not wanting bitcoin to replace fiat straight out either, would prefer side by side.

There are some countries in the world that do not accept bitcoin though it is known by most countries. To be an international currency?Maybe in the future it will be fully accepted because it has great features and great potential.

dodgrad

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I think now it is one of the international currency, which is used by many people around the world. I think it will good affect the economy of the country.

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