Bitcoin to be international currency - page 39.

LordDisick

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Quote from: Mr.grin on May 13, 2016, 12:41:33 PM

bitcoin is the potential for it. but it may take a long time to be bitcoin could become an international currency, perhaps we could wait until bitcoin accepted by the whole world

Yes thats true I think it will take years for bitcoin to become acceptable worldwide. I heard some countries already accepting bitcoin as payments like Japan,good for them but as of today there are still many countries do not accept it as currency specially on a physical stores. Hopefully sooner we can use bitcoin anywhere we go because I think its less hassle than bringing fiats.

PacePay

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Quote from: plucking23 on October 13, 2017, 07:54:06 AM

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?

may people will argue with it. because not everyone are pro with it.
and some of them will approve that btc can be an international currency because for them
they will see that money can be receive by that easy.

Exactly it is a debatable topic. There are two portions of the world. One are on the side of it. They claim bitcoin will once the international currency and all over the world it will be just spreading like fire. But there is another side that claims that bitcoins are not so much famous, a lay man don’t know it. And this is right.

fullhdpixel

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Quote from: MyIdeas on October 14, 2017, 07:27:56 PM

Quote from: kirilld on October 12, 2017, 12:38:11 AM

Indeed bitcoin can also be reffred as an intercontinental currency but orignally bitfoin does not really belongs to any country or any continent it is free from all the devesion we only require to treatment about it is that it is only a income and we will treat it as a income only which can be transfered all alongside the world

Bitcoin is no doubt very much capable of becoming an international currency but I think bitcoin is not meant for such kind of thing. The basic idea of introducing this bitcoin and other crypto currencies was to keep these currencies independent that is decentralized in nature. They were not meant for being controlled by some government or anything like that.

Bitcoin is though capable of serving as the only currency of the world but I would like to correct you in the regard that bitcoin is already serving as an international currency. People are using bitcoin for making big international transactions just because of the reason that transactions with bitcoin are faster and cheaper. Bitcoin in the near future is going to replace all other currencies.

futuret

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Quote from: mrfreezeh on October 13, 2017, 08:14:56 AM

Quote from: nesty on October 13, 2017, 06:26:37 AM

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?

Bitcoin is already an international digital currency and it is the strongest and top 1 crypto currency ever created in the digital world many investors are surely gained a lot of profit now because of the current price and it is getting higher.

Well, in present, when we want to transfer money between countries, most of the people will choose Bitcoin to do that, because the speed and limits of Bitcoin better than transfer money through bank or other payment method.

For sure it is a bit difficult to transfer the bitcoin from the one currency to the other. The use of the bitcoin is now increasing more because the transaction of the bitcoin is making the more space so hold the bitcoin try to transact the bitcoin for the low transaction fees and the importance of the bitcoin will be high. The value of the crypto currency is now very famous and the value will be more than this and the privacy is now easy.

mastica

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Bitcoin can be used anywhere anytime for pay anything, there are already a few companies working with bitcoin debit card, and as i know there arent any limitations, recently one of those companies had restricted the place where those cards can be used, but there are coming more companies wich will provide some services and the debit card is part of it.
We can travel already into some countries and exchange our bitcoin into those atm, wich are few but are growing into numbers.

Francer

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Bitcoin presently is an worldwide present since you only require the internet if you want to make use of Bitcoin and in present-day entire world nearly everyone has accessibility to the net. But the thing is that even tho everyone can use it not everybody desires to use it.

Aganythe

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Bitkoints in fact already partially fulfills the function of an international currency. In the future, I think it will evolve. It will be quite handy and helpful for citizens. Another factor is that it is unlikely to you should the federal government.

MyIdeas

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Quote from: kirilld on October 12, 2017, 12:38:11 AM

Indeed bitcoin can also be reffred as an intercontinental currency but orignally bitfoin does not really belongs to any country or any continent it is free from all the devesion we only require to treatment about it is that it is only a income and we will treat it as a income only which can be transfered all alongside the world

Bitcoin is no doubt very much capable of becoming an international currency but I think bitcoin is not meant for such kind of thing. The basic idea of introducing this bitcoin and other crypto currencies was to keep these currencies independent that is decentralized in nature. They were not meant for being controlled by some government or anything like that.

Vaculin

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Quote from: Sale_man on October 14, 2017, 06:08:57 PM

I think bitcoin did became an international currency long while ago. A currency that worth above 5600$ is defenetly an international currency and the number of users is getting higher day after day. My future vision for bitcoin is becoming the most used currency around the world because it offers lots of advantages like privacy,security and small fees. Of course some international companies and even goverments will try to stop it or even destroy it, but, like it did after china ban, bitcoin will rise again.

That's really a good idea.I had also high hopes in bitcoin that it will become an international currency few years from now as soon as all people will be aware what is bitcoin and how does it work.I'm sure it will be a good start too once we start using bitcoin as an international currency,the problems on worldwide poverty will be slowly minimized too.

Sale_man

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I think bitcoin did became an international currency long while ago. A currency that worth above 5600$ is defenetly an international currency and the number of users is getting higher day after day. My future vision for bitcoin is becoming the most used currency around the world because it offers lots of advantages like privacy,security and small fees. Of course some international companies and even goverments will try to stop it or even destroy it, but, like it did after china ban, bitcoin will rise again.

corroze

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I think in its function bitcoin has become the international currency because every user who is in various countries have managed to access bitcoin and do business activities such as trading and investment, maybe the legality is still not fully recognized as the official international currency

boriss3

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I feel bitcoin have a higher opportunity to be the intercontinental forex, the difficulty is not several individuals that never know how and what is bitcoins. We need to spread the information about bitcoin to attain that.

mrfreezeh

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Quote from: nesty on October 13, 2017, 06:26:37 AM

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?

Bitcoin is already an international digital currency and it is the strongest and top 1 crypto currency ever created in the digital world many investors are surely gained a lot of profit now because of the current price and it is getting higher.

Well, in present, when we want to transfer money between countries, most of the people will choose Bitcoin to do that, because the speed and limits of Bitcoin better than transfer money through bank or other payment method.

plucking23

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Activity: 62

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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?

may people will argue with it. because not everyone are pro with it.
and some of them will approve that btc can be an international currency because for them
they will see that money can be receive by that easy.

streazight

hero member

Activity: 910

Merit: 502

Quote from: astrid.uchiha24 on October 10, 2017, 07:43:03 AM

so theoretically speaking since this is impossible, earning income through holding might become impossible because since it became an international currency the volatility will reduce or even stop, it will become stable because we are using it just like the fiat. Other cryptos might be affected as well so in my conclusion market of cryptos will cease to exist but there will be another opportunity for us and we will never know until it happens.

Have you ever seen any stable currency ?
Even USD is not stable when traded with other fiats, otherwise there won't be any need for forex trade.
The only difference is in the level of volatility and the more adopted bitcoin becomes the less volatile it becomes but it is a trade market and will surely have small ups and downs in a bit but not as much as what we have now at the early chase.

eekkaa

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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 bitcoin becomes an international currency I think it is very good and could be the more expensive its price, but bitcoin the more expensive its price process for sending bitcoin also in taxes high from blockchain.

nesty

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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?

Bitcoin is already an international digital currency and it is the strongest and top 1 crypto currency ever created in the digital world many investors are surely gained a lot of profit now because of the current price and it is getting higher.

ruslanv

newbie

Activity: 22

Merit: 0

Bitcoin has currently attained the stage of international forex.Its use is welcomed in developed nations around the world.But nevertheless it is primarily unfamiliar in some establishing nations.when people people also commence utilizing bitcoins, then there will be a great foreseeable future for bitcoin.

wxxyrqa

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Quote from: leyton11 on October 12, 2017, 04:57:24 PM

Quote from: Carreuh on October 12, 2017, 08:11:40 AM

Capitalist will rule over head of state or government if bitcoin really becomes a global currency. And this condition i'm sure will be very dangerous. However, in the virtual world, bitcoin is a global currency can sent to anyone wherever located.

But you must to know you just can send your Bitcoin to others have computer and internet connection, these things are the requirements to use Bitcoin. If they can not satisfy this condition, they never receive your Bitcoin Wink

officials tried the taste of bitcoin, and now they can ask for bribes in crypto-currencies. this possibility exists to abuse bitcoin.

leyton11

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Quote from: Carreuh on October 12, 2017, 08:11:40 AM

Capitalist will rule over head of state or government if bitcoin really becomes a global currency. And this condition i'm sure will be very dangerous. However, in the virtual world, bitcoin is a global currency can sent to anyone wherever located.

But you must to know you just can send your Bitcoin to others have computer and internet connection, these things are the requirements to use Bitcoin. If they can not satisfy this condition, they never receive your Bitcoin Wink

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