Bitcoin to be international currency - page 41.

decoder88

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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?

Why not? It has a big possibility ti become a national currency because as we can see the popularity of bitcoin in many country are continue to expand and the number of people who are using it is rapidly growing. Many people are actually see bitcoin as a positive and very helpful currency because it can be earn by anyone and it has a great and big value. So I think it has a possibility.

Nexus77

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the possibility that bitcoin to be the international currency is not possible, because the world's most powerful currency in the world is dollar / rupiah gan ..

Fretcy

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There is high potential growth of bitcoins the supply and demand determines the price of the product, bitcoin is already considered an international currency as many countries have adopted this technology for online transactions worldwide . Some of the countries have banned this currency may be after two or three years when the value of bitcoins pumps to $10000 all those countries might accept this crypto king and this will be called a global currency. As global currency there is no need to convert bitcoins to other currencies for travelling abroad as this currency will be accepted world wide. In such a situation there is no need to carry huge amounts of money on hand all you need is a wallet id to receive and send payments.

BitcoinMuscle

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Bitcoin is already an international currency. Wherever you are, you can always use your Bitcoin to transact with someone online. When visiting other countries and you want to get a local currency, you can look up online what online wallet supports a withdrawal in that currency. For example, in my country which is the Philippines, we have coins.ph which allows you to withdraw your Bitcoins into peso. I bet there are other countries that has website like ours.

taiwww

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Bitcoin has potentials to became international currency, it has already started towards the same.
A special feature of international currency is it get traded quickly and cheaply without need/help of any traditional mediator like bank or government. Bitcoin have it any one with secured internet connection can buy sell or use bitcoins.
To become an international currency it must be safe and autonomous. Cryptocurrency bitcoin is safe as it comes in digital format so impossible to make duplicate. Also guarded by its investors & can be used only by using specialized softwares. The only need is to spread awareness to make it more popular.

ngefek berat

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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?

yes I am currently very happy because bitcoin is already recognizable by many countries. Therefore every one of us wants to buy goods. From other countries can directly pay with bitcoin without having to transfer cash there and can anticipate the theft of masquerade that makes us experience panic every time doing transaction activities.

Md Saad

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I believe that Bitcoin will be a global currency in the future, day by day bitcoin is becoming a great platform for doing business and making the profit very easily. Already Bitcoin is getting a legal currency in a couple of countries. most of the European countries also taking it seriously for giving permission as a legal currency. so it can be said that Bitcoin will be an international currency in the future.

gilabusuk1

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Quote from: Bitcoincole on October 10, 2017, 08:05:47 AM

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.

Well, right now i can say that its already an international currency as bitcoin do due to the fact that people around the world are enjoying the services provided by bitcoin and the contributions they have brings to economy.

it could be that bitcoin will shift Dollar position in terms of trading currency because the bitcoin function is not just one function just like Dollar so bitcoin has a bright future to shift Dollars

cotton ball

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there must be a responsible state or memorandum of understanding from various countries to declare EURO as the currency of europe. The connection with bitcoin is the same, but the problem is that bitcoin applies to broader domains on a world scale making it impossible to agree fully because of factors of interest. There must be at least a clear regulation of every country involved in the deal.

Bitcoincole

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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.

Well, right now i can say that its already an international currency as bitcoin do due to the fact that people around the world are enjoying the services provided by bitcoin and the contributions they have brings to economy.

astrid.uchiha24

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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.

marcbitcoins

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Quote from: ?? on ??

I believe that very soon, Bitcoin will be international currency. Bitcoin now a day, it is very an aggressive and dominating currency. In future, it will be the digital currency.

This is very impossible because not all people knows how to use computers and do the transactions unlike the physical currency it can be use anytime in any corner of the earth including mountains, provinces, remote and rural areas in which dominated by the poor and illiterate people.

perfect999

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Quote from: Patsakkyy on October 07, 2017, 12:29:05 PM

Bitcoin is already an international currency because it is not tied to a specific country and it can be used by absolutely every person. Only it can not be used everywhere because it is still developing slowly and sellers do not accept it as payment.

Internationally, bitcoin have a huge circle of users. Plus as you said it is not tied to any other country as national currency so ultimately we can call it as international currency. In the market of crypto, bitcoins have made it basis and soon it will be the most impressive and expensive currency in the world. Just wait and watch the future.

Visbay

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Quote from: francesyrus on October 07, 2017, 11:57:31 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?

Our international currency is dollar it is being use without set borders. I think right now in crypto world bitcoin is set to be our international crytocurrency. Bitcoin is being use world wide. Bitcoin is being use to trade to other alt coins like dollar to other fiat.

It’s a very good thing that you find out dollar is an international currency and it can be use across the border but as bitcoin is going to high in price and day by day the users are going to increase and specially the countries also going to accept bitcoin so I think there can be chance of bitcoin in future that I can also become an international currency.

liseff3

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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 international currency? ...
Means its function exactly the same as the banknotes that we currently use for daily needs, I personally very happy to use it, because in this way every transaction that happens can be done easily and practically.

If bitcoin is just crypto currency? ...
such as the existence of bitcoin at this time, I`m used to sell or exchange it first with cash, after that I make a purchase transaction.

atc1-REAL

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I don't think that Bitcoin can become an official international currency as Bitcoin can not work offline which simply makes it unsuitable for everyday transactions. Moreover, Bitcoin transaction are not as quick as paper money transactions are. It can be used in a limited sense as it is being used now,but no one will use it for large transactions just yet.

p3ppymon

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It is a nice idea to have a common currency which can be used internationally. That currency can be only bitcoin. I really hope such moment can arrive soon!

Akash1243

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I don't think so that Bitcoin can became international currency at least for now as there are many people who still don't know about bitcoins or thinks bitcoins as a scam and avoides bitcoins.Many countries haven't legalised bitcoins,the number of countries who has legalised bitcoins are small but it is increasing.But Bitcoin volatile nature makes it difficult to use an international currency.Even though bitcoins are used all over the globe so there is no point in making bitcoins international currency.

kelseydustin

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Quote from: supercanada1 on October 09, 2017, 01:48:24 PM

Quote from: rhodelmabanal on October 08, 2017, 11:03:37 PM

i think it is a very delicate situations. Young memebers of the societies dont know what bitcoin is, I may think that this may take several years to do the bitcoin as the international currency. As for now it may useful ti transactions in the internet and online stores for the meantime.

Well it is now very common and all the people know what bitcoin is. The worth the importance of the bitcoin is familiar to almost everyone in my country so I think it is not so difficult to make the bitcoin international currency, in some countries bitcoin is being use as the real money they are buying almost all the things using the bitcoin only.

Not all people know about bitcoin, especially in my country. The knowledge about bitcoin is still very small and people tend to believe that bitcoin is something which relates to scammer. Moreover, many thiefs and scammers have abused bitcoin and the cryptocurrency to make a fake new, create fake coin and fake shit MLM to steal people money. The majority of people in my country are not well-educated and therefore, many of them have lost their money into those fucking scammers

schkodrak

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Quote from: ?? on ??

I believe that very soon, Bitcoin will be international currency. Bitcoin now a day, it is very an aggressive and dominating currency. In future, it will be the digital currency.

I'm just waiting for US to approve bitcoin as a legal and economical asset. Then the price will make 2x or 3x within hours. Not so far, around 5 years at most.

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