Bitcoin to be international currency - page 31.

dificanovi

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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?

in my opinion also like that bitcoin will be the international currency. but now bitcoin is used to invest and trade but bitcoin can not be used as a legitimate payment tool across the country. only some countries accept payments with bitcoins.

ivanst776

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Quote from: Prince786 on November 12, 2017, 04:00:27 AM

I think this time bitcoin has not become an international currency, because of the requirements to become an international currency is to be received in the entire country.It will be easy to send money just a click of the finger and the family will receive bitcoins. It will be easy and faster.And in the future, there will also be a Bitcoin Card.

Yes there is a possibility that bitcoin can be an international currency but I think bitcoin need to make centralized first and secondly bitcoin need to make its self-legalized in countries if bitcoin did so I’m hundred present sure that bitcoin can replace all currency from world and take a place of dollar well so yes I think it’s possible.

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Quote from: jonatuzc on November 20, 2017, 07:51:46 AM

Quote from: AniketKumar on November 10, 2017, 08:21:39 AM

Bitcoin is interntional currency as people are using this cryptocurrency all over the world because it is healthy and easy way to handle or transfer the payments

If we look at the graph of the bitcoin since the time it was introduced to this world, then we’ll get to know this thing that bitcoin is continuously gain more and more fame with the passage of time. Bitcoin is no doubt very much capable of becoming the international currency. The only thing which is creating troubles for bitcoin is the legalization of bitcoin. If that happens, then no one can stop bitcoin from being the international currency.

Actually, if you want to make Bitcoin become the internation currency, you can do that. As long as all the people of the world accept this currency and want to use it instead of FIAT. Yeah, that's the era of Bitcoin and cryptocurrency. But the fact, there're a little of people already to use Bitcoin and cryptocurrency to replace FIAT for daily.

awawo

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Bitcoin is already the international currency, it just that it operational base has not been extended to all sectors of the world financial system e.g using bitcoin to pay for goods and services in our local market but I believe with the rising development in bitcoin we will get to that level soon.

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Quote from: AniketKumar on November 10, 2017, 08:21:39 AM

Bitcoin is interntional currency as people are using this cryptocurrency all over the world because it is healthy and easy way to handle or transfer the payments

If we look at the graph of the bitcoin since the time it was introduced to this world, then we’ll get to know this thing that bitcoin is continuously gain more and more fame with the passage of time. Bitcoin is no doubt very much capable of becoming the international currency. The only thing which is creating troubles for bitcoin is the legalization of bitcoin. If that happens, then no one can stop bitcoin from being the international currency.

supine

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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?

This is implementable now if we are only talking about the internet. Almost all people around the world use the internet, and every transactions made involving money takes process. So, to make everything convenient, why not make bitcoin as an international online currency? I think this would bring ease to a lot of people, particularly shopping online.

StarofBTC

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Quote from: Prince786 on November 12, 2017, 04:00:27 AM

I think this time bitcoin has not become an international currency, because of the requirements to become an international currency is to be received in the entire country.It will be easy to send money just a click of the finger and the family will receive bitcoins. It will be easy and faster.And in the future, there will also be a Bitcoin Card.

That is the point. Until all the countries recognize bitcoin as legal in their territory, bitcoin will not becoming international currency. For being such, bitcoin have to decentralized tilt the root level of population. Even in streets when people know about bitcoin, only then it will be eligible to be an extraordinary coin and can be stated as international currency that will be appreciated along the globe.

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Quote from: rayneh on November 19, 2017, 01:10:03 PM

Quote from: Alalex on November 18, 2017, 09:39:25 AM

Indeed bitcoin has become an international currency and everyone in the world can use it. Currently we need to exchange Bitcoin with our own local currency. Bitcoin like almost replace fiat but would be a great alternative. Of course for Bitcoin online purchase is really a global virtual currency. Well not a new thing in this case. This is already the international currency and is known as the world currency. see it using it globally.

Bitcoin has many focal points yet one of the huge favorable position is the universal currency in the event that you visit abroad and you have no currency of that nation at that point don't be stressed on the grounds that Bitcoin is utilized as a part of the each side of the world and everybody on the planet need to have installments in Bitcoin so its one of the immense preferred standpoint of Bitcoin that it can be utilized as a part of each nation.

Bitcoin is a worldwide cryptocurrency and digital payment system called the first decentralized digital currency, as the system works without a central repository or single administrator. It was invented by an unknown person or group of people. and released as open-source software.....The system is peer-to-peer, and transactions take place between users directly, without an intermediary.....These transactions are verified by network nodes and recorded in a public distributed ledger to blockchain....

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Quote from: Alalex on November 18, 2017, 09:39:25 AM

Indeed bitcoin has become an international currency and everyone in the world can use it. Currently we need to exchange Bitcoin with our own local currency. Bitcoin like almost replace fiat but would be a great alternative. Of course for Bitcoin online purchase is really a global virtual currency. Well not a new thing in this case. This is already the international currency and is known as the world currency. see it using it globally.

Bitcoin has many focal points yet one of the huge favorable position is the universal currency in the event that you visit abroad and you have no currency of that nation at that point don't be stressed on the grounds that Bitcoin is utilized as a part of the each side of the world and everybody on the planet need to have installments in Bitcoin so its one of the immense preferred standpoint of Bitcoin that it can be utilized as a part of each nation.

Oasisman

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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?

If you noticed Bitcoin is on the process of becoming an internation currency, because many big companies, and mainstream business starts to accept Bitcoin as payment because of its fast, easy, and secure way of transferring money from one person to another without the presence of any charges from the banks. Maybe because of Bitcoin's volatility is the main reason why some of the big names in the business industry hesistates to accept Bitcoin. Still Im thankful because the Central Bank of my country starts recognizing Bitcoin as a currency, this is a good opportunity for Bitcoin to be locally known.

plaintiff77

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It is never impossible for bitcoin to be the international currency for we all witness the standing of this crypto in our economy at present. It reaches its higest exchange value and then how it changes will just be a blink of an eye. It keeps on increasing as time passes by although inflation always takes place yet there will be more of rising compared to declining its exchange value. It is highly appreciated to investors because of its big value. So the more it appreciated the more they are to recommend it to the many. If we compare bitcoin to any other currency from the different countries in the world, this is the most extraordinary and special for it is the most accesible and very convenient if we are going to buy something or wherever we go. It is the most secured currency as well compared to others. That is why this will be going to be the international currency for the next few years.

miltan

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Seeing that a lot of merchants are discussing/have already included bitcoin as a mean of payment, surely cryptocurrency in general will replace fiat currency sometime.

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Yes , i would agree that it is now the international currency as it is now being use by many people in different country. I'm from Philippines and notice that people now are recognizing it as currency and the trend made it to the top. Technically speaking its not international currency unless it is declared so.

bittraffic

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If a blockchain token/coin can be accepted on merchants online and offline, this i Think is already and international currency after all anyone can use it already. BITcoin, ETH and even monero are being used already in making transactions online so they can be considered.

Alalex

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Indeed bitcoin has become an international currency and everyone in the world can use it. Currently we need to exchange Bitcoin with our own local currency. Bitcoin like almost replace fiat but would be a great alternative. Of course for Bitcoin online purchase is really a global virtual currency. Well not a new thing in this case. This is already the international currency and is known as the world currency. see it using it globally.

explosion

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I support the idea of a single international (crypto)currency. I would really solve so many inconveniences and save so much time which is highly valuable nowadays

ricardobs

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Quote from: malekbaba on November 12, 2017, 02:00:58 AM

Think about USD, GBP, AUD. They are popular currencies and are being used widely. But you have to convert them into local currency. You have to pay a large fees and here are also certain regulations to be followed. Now think about BTC. Almost every country at least knows about it. May be there are someone who ban BTC but yet their numbers are tiny. Above all you can use btc whenever you want, where ever you go. As it is decentralized, you are paying less fee and get paid instantly.

Well, actually somethings are really stupid that they can’t happen, not supposed to happen, or shouldn’t be allowed to happen. By the way, Bitcoin is decentralized, and is being used in the world (international), come to think of it, being decentralized means it is already international asset/currency, so what kind of other internationality are you guys talking about? Or do you mean that all currencies should be removed and replaced with Bitcoin? That’s absolute madness and stupidity. If you can’t accept the fact it is an investment stock, then I won’t even bother, it’s your business, keep on dreaming.

LuffyD.Monkey

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Quote from: AniketKumar on November 10, 2017, 08:21:39 AM

Bitcoin is interntional currency as people are using this cryptocurrency all over the world because it is healthy and easy way to handle or transfer the payments

You are very right because now the bitcoin is being use in all around the world and this is the reason why a lot of the people are having the bitcoin so the bitcoin is being the international currency and the reason behind this is the value and the use of the bitcoin now a lot of the people are buying the bitcoin and this is the reason now almost all the people are buying the selling the bitcoin world wide and it is increasing the demand of the bitcoin.

JohnBitCo

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Well its not a new thing we all are aware about it. It is already international currency and known as world wide currency but i am not seeing it using in globally. Most of countries don't accept bitcoins which is a big fact or maybe disadvantage of bitcoins. Anyways the price should reach 10,000$ if its a international currency. Banned the bitcoin caused decrease the price so maybe first we have to un-ban these bitcoins in order to make him real world wide currency.

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Quote from: Afnan_faizah on November 09, 2017, 05:21:58 PM

Quote from: Jackblack90909 on November 09, 2017, 04:49:22 PM

Bitcoin is already international currency, because its available for everyone worldwide. And it is used almost by people from most countries around the world.
But it is not yet supported enough to become the first used currency, or to eliminate using fiat.

Yes, bitcoin is already become an international currency, usually countries which has problem with international reminttance services like paypal or people which the government is pose a excessive control over their money like people in china, they use bitcoin to solve that problem. The feature of bitcoin like fast transaction and low fees is make this currency even more interesting.

Bitcoin is already an international currency but the problem is its acceptance, you cannot go to many places which accept bitcoin, bitcoin needs to improve in that area and it’s going to do so but it’s going to take some time before we can use bitcoin in every country of the world.

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