Bitcoin to be international currency - page 28.

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Quote from: putrisa on December 07, 2017, 11:41:59 PM

Quote from: hyudien on May 12, 2016, 12:16:19 PM

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?

if true bitcoin into international currency then bitcoin price will be higher because everyone in droves want to have bitcoin and have bitcoin.

It's not easy, if there is always a good news then we can expect the price will be moving up, it's very volatile and that is the nature of bitcoin.
You need to understand the nature so yo will be able to do the right timing in buying and selling but of course we all root for future success so we have to hold.

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Quote from: hyudien on May 12, 2016, 12:16:19 PM

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?

if true bitcoin into international currency then bitcoin price will be higher because everyone in droves want to have bitcoin and have bitcoin.

JTASSOCIATES

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Bitcoin is not going to be currency at all. It is cryptocurrency which is fully depend upon internet only. Bitcoin wont be accepted in rural areas where people doesn't know about bitcoin and it is not accessible. Due to this big reason only bitcoin is not going to be a international currency. I am not saying it is impossible but at the same time we should be practical and logically approach the issues.

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It can be used international when all country's using as a medium of exchange like money with the approval of the law of the goverment or national goverments. I know that bitcoin is now used as a currency converted into money by banking transactions. Maybe soon it will be happen it defends upon on how international goverment accepted bitcoin as a legal currency. Because when we talk about goverment it deals also with a big taxes. And theirs also a law implemented by now and then to follow. Thats the time that all bitcoiner having big adjustment and also the founder of bitcoin made many sacrifices on how to deal with the goverment personnel or goverment leaders.

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Quote from: trauchot on November 30, 2017, 01:50:36 PM

I think it would be good idea, but for this it is necessary introduce people identification so after that there would not be transactions with dirty money, then also governments can make bitcoin official. It would be convenient for the whole world to use a single currency, it would be unnecessary to do hundred times currencies exchanges and spending a lot of time on it. Transactions would be done through official bitcoin sites or bitcoin would make their bank, for someone would be more convenient using banks for transactions.

You do not know what you are talking about, bitcoin was created so we could avoid dealing with anyone else when it came to creating our wallets, what you are saying goes against bitcoin ideals, and while I have no doubt many are going to accept that, many others are going to refuse to do that.

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Quote from: hyudien on May 12, 2016, 12:16:19 PM

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?

I think that is near to happen since bitcoin has been dominating this year wherein there are a lot of improvents that occured. I think it will bring a lot of benefits to the consumers and producers within different countries in the world. Bitcoin is very complex but the use of it is not that hard but still uou should be careful. We are all waiting for this to happen and it's not impossible anymore since there's a lot of promotion given to bitcoin.

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Quote from: alexsandria on December 06, 2017, 06:14:29 PM

Quote from: hyudien on May 12, 2016, 12:16:19 PM

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?

Nope. I think it is impossible because we all know that bitcoin actually is a secondary or option of people now in earning money yet we all know that bitcoin has a big impact on us as of today and many people actually earning it and making it as a currency in everyday life. But for me bitcoin will not replace our permanent currency because bitcoin cannot stand alone enough and we can't say that it is well safe now.

Never! Bitcoin never becomes an international currency. The goverment won't accept international currency to manage the world's economy. It means the government will be one too, because we can't use a currency controlled by a lot of the governments Wink

.

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Quote from: hyudien on May 12, 2016, 12:16:19 PM

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?

Nope. I think it is impossible because we all know that bitcoin actually is a secondary or option of people now in earning money yet we all know that bitcoin has a big impact on us as of today and many people actually earning it and making it as a currency in everyday life. But for me bitcoin will not replace our permanent currency because bitcoin cannot stand alone enough and we can't say that it is well safe now.

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Quote from: Aristus on December 05, 2017, 10:48:11 PM

Actually it is now quite working but not all is aware. Because every we can exchange bitcoin to money. I'm not sure if it is happening all over around the globe but at least the big possibility is working visibly.

It will begin in the most technologically developed country and after that if it will be used other countries will copy it for sure.

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Quote from: javalemcgee on December 06, 2017, 05:08:56 PM

Quote from: syarifudin on December 06, 2017, 05:06:43 PM

Quote from: hyudien on May 12, 2016, 12:16:19 PM

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?

maybe if the function of bitcoin has become the international currency, but not with legality so far not official.dan certainly many means to exchange bitcoin into local currency,
and now bitcoin is more likely to be a valuable asset or commodity because it is very high. The use of bitcoin for payment transactions is certainly greatly reduced because most of them use bitcoin for businesses such as trading and investment which is certainly more profitable.

To become an international currency, there is still too much things to complete for bitcoin. Only Japan is accepting bitcoin as a legal asset. The rest of the world is in the gray region. This is confusing for the future of bitcoin honestly.

That most countries is, as you called it - in "gray region" - do not bother anyone to shopping online and pay with Bitcoin. Only this option gives the opportunity to call Bitcoin as international currency.

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Quote from: syarifudin on December 06, 2017, 05:06:43 PM

Quote from: hyudien on May 12, 2016, 12:16:19 PM

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?

maybe if the function of bitcoin has become the international currency, but not with legality so far not official.dan certainly many means to exchange bitcoin into local currency,
and now bitcoin is more likely to be a valuable asset or commodity because it is very high. The use of bitcoin for payment transactions is certainly greatly reduced because most of them use bitcoin for businesses such as trading and investment which is certainly more profitable.

To become an international currency, there is still too much things to complete for bitcoin. Only Japan is accepting bitcoin as a legal asset. The rest of the world is in the gray region. This is confusing for the future of bitcoin honestly.

syarifudin

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Quote from: hyudien on May 12, 2016, 12:16:19 PM

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?

maybe if the function of bitcoin has become the international currency, but not with legality so far not official.dan certainly many means to exchange bitcoin into local currency,
and now bitcoin is more likely to be a valuable asset or commodity because it is very high. The use of bitcoin for payment transactions is certainly greatly reduced because most of them use bitcoin for businesses such as trading and investment which is certainly more profitable.

214missy

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Quote from: hyudien on May 12, 2016, 12:16:19 PM

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?

I think bitcoin is already a international currency. Because it is used world wide and many country are contributing and joining to this fast growing community of cryptocurrency. It if bitcoin improve their feature and reach to tha point that we are not longer need to exchamge it to our local rate , I think it will be nice and accomodating.

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Quote from: Aristus on December 05, 2017, 10:48:11 PM

Actually it is now quite working but not all is aware. Because every we can exchange bitcoin to money. I'm not sure if it is happening all over around the globe but at least the big possibility is working visibly.

We already can call Bitcoin an international currency. You can pay with BTC for good around the world - isn't? What currency need more to be global?

Aristus

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Actually it is now quite working but not all is aware. Because every we can exchange bitcoin to money. I'm not sure if it is happening all over around the globe but at least the big possibility is working visibly.

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That can happen if every country accepts bitcoin as a normal payment like they did with paypal i think it will be very big improvement for bitcoin and they will rise more that means it will be harder to buy it and more expensive.

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Quote from: King Sastro on November 24, 2017, 11:33:03 PM

Many problems that bitcoin must solve, for example is the speed of the transaction, the cost is cheap and so on. to become an international currency of course bitcoin must have a great transaction speed because the circulation will be very high.

Let's see if the lightning network can take care of those issues if that is in fact the case then bitcoin is going to be adopted very quickly since it will have all the necessary things for people to use, it will be fast, cheap, and easy to use, at that point we will see the beginning of the adoption by the general population.

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In these days, anything is possible. That idea is almost within reach through as bitcoin is available internationally and is utilized by different companies or entities in diverse scopes of today's society.

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Quote from: hyudien on May 12, 2016, 12:16:19 PM

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?

This is possible but not in the near future. For this to happen, our technology should be able to administer bitcoin transactions efficiently, fast and effectively because if this is not possible, it would be impossible for bitcoin to be the main currency. A lot of transactions would be delayed and people might have problems because of delayed transactions.

trauchot

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I think it would be good idea, but for this it is necessary introduce people identification so after that there would not be transactions with dirty money, then also governments can make bitcoin official. It would be convenient for the whole world to use a single currency, it would be unnecessary to do hundred times currencies exchanges and spending a lot of time on it. Transactions would be done through official bitcoin sites or bitcoin would make their bank, for someone would be more convenient using banks for transactions.

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