Bitcoin to be international currency - page 43.

francesyrus

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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?

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.

mornabo

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Quote from: bozo333 on September 28, 2017, 02:12:28 PM

Quote from: Colt22 on September 27, 2017, 10:42:42 PM

Quote from: Konthol Ngaceng on September 26, 2017, 10:20:47 PM

Quote from: ?? on ??

Until now no country has officially legalized bitcoin, I think it will continue so it's hard for bitcoin to become international currency.

Yes true and this is the hardest thing so bitcoin will continue like this, up and down can reach tens of percent in a day. of course, to become an international currency requires price stability so as not to confuse everyone.

That is actually a point of discussion. If there is stability in a currency that can be eligible for being an international currency. What if bitcoins are still fluctuating then there are no chances of being it an international currency. And bitcoins are compelled to be international currency then it must be stable and if it would happen, no charm of bitcoins would remained.

Bitcoin is a digital currency so it is used to anywhere and any place. It is easy to exchange the money. You can use bitcoin for the bill payment. It is a become an international currency it is moving, So it's the use full for the future saving and investment. If you know the bitcoin. Bitcoin is the future international currency.

i think not the future of international currency because even today bitcoin is already used as an international currency, try to see bitcoin users already cover all users from different countries, at least every country has bitcoin users and some users make transactions with other users between countries with very easy and fast without the need to complicated, i think this is a small sample of the use of bitcoin for international currency

bellaboots

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Its already an international currency, its traded against most of the worlds major currencies - its just not the default world currency.

shohelalam

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Bitcoin makes new revelation for economy. Bitcoin is now international currency as i believe. now we can do any thing by bitcoin, Transaction, Shopping, Business etc. Yep some of country don't accepted but it's don't be big affect for bitcoin. They also accept after some times, When they understand about bitcoin.

At this time bitcoin accepted so many biggest merchant. So That's day not far bitcoin accepted every country and it make international currency.

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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.

Biggapp

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Quote from: TheCoinFinder on October 04, 2017, 07:34:09 AM

Bitcoin is already an international currency being utilized as a payment method to pay and get paid over different platforms.
This only aspect in general makes a bitcoin increase in price and much more demandable among traders.
If local shops start accepting bitcoin, you do not need to carry hard cash in your pocket while travelling like before.

Yeah the bitcoin is the international currency. It is increasing in the high speed and all the people are now aware of the bitcoin so it is the time for investment and making the bitcoin go higher. It is the legal currency in the Japan and the USA the value is increasing in my country and all the people are now trusting in the bitcoin. So it will be more valuable for us.

KEPLER99

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Quote from: georgiyfo on October 04, 2017, 11:19:13 AM

Bitcoin has currently attained the phase of international currency.Its utilization is welcomed in created countries.But still it is largely unfamiliar in some developing international locations.when people folks also start making use of bitcoins, then there will be a wonderful foreseeable future for bitcoin.

This is in fact a very long marathon and it will not be easy for Bitcoin to be an international currency. There will be so many hurdles in the way of Bitcoin. But you can always hope for the best and you need to be positive.

There are likely chances of this to happen. This will for sure take some time but even then this will be a great revolution whenever it will happen.

KennyR

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Quote from: youdacapt on October 06, 2017, 03:44:58 PM

Quote from: JL421 on October 06, 2017, 01:52:55 PM

It can become a international currency it is easier to transfer and is more profitable than holding usd the only problem is usa won't allow something like that to occur because if that happens it means usa won't be the world power anymore and the leaders over there will never let something like this to happen

If you think back, will the problem stop if Bitcoin becomes an international currency benchmark? I think this will create a new problem where there will be an unnatural movement that will intervene politically and economically, this movement will massif come from an influential Crypto community in the constitution, I think it would be very dangerous if USD/EURO is replaced with Bitcoin.

Yes, a new problem will get into existence. When it gets an official state of being an international currency, if an increased user base is found automatically it'll lead to an large scale change in the capital volume into circulation. This will diminish the usd /euro market as stated in the above quote initiating a new pressure to the growing market. So it's good to grow as it is now rather than thinking about being an international currency.

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Quote from: JL421 on October 06, 2017, 01:52:55 PM

It can become a international currency it is easier to transfer and is more profitable than holding usd the only problem is usa won't allow something like that to occur because if that happens it means usa won't be the world power anymore and the leaders over there will never let something like this to happen

If you think back, will the problem stop if Bitcoin becomes an international currency benchmark? I think this will create a new problem where there will be an unnatural movement that will intervene politically and economically, this movement will massif come from an influential Crypto community in the constitution, I think it would be very dangerous if USD/EURO is replaced with Bitcoin.

JL421

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It can become a international currency it is easier to transfer and is more profitable than holding usd the only problem is usa won't allow something like that to occur because if that happens it means usa won't be the world power anymore and the leaders over there will never let something like this to happen

adiksau0414

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Its is indeed one of the international currency. It is used by most people especially online. But the idea of using it without encashing it, is a good idea. Much more easier and hassle free. As of now not all of the people is aware so it is far from happening. Maybe someday, leys just wait and see

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Quote from: marjoree on October 04, 2017, 04:13:03 PM

It is indeed an international currency, its just not widely used yet and some countries does not allow it yet because not all people knows about this. But as far as it is totally adapted, then government cannot stop it as long people likes it

decentralization makes bitcoin unstoppable , nobody can do stop bitcoin transaction indeed , and that is the real form of freedom , you have full access to your own money without any interception the third party like what the banking system did.

international currency means , you can use a single currency to trade anywhere , and that is only bitcoin , we don't need legalisation from any institution like government , just do it.

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Quote from: Official Armor Ceramics on October 06, 2017, 05:42:16 AM

If Btc is an international currency, no doubt we will be able to use it in our everyday life. We would not need to change it, because we will use its technology that, in fact, is very convenient.

But there is still a question if it's possible, and if the people are ready not to use paper, but electronic money. I'm not sure exactly that iy=t will be so.

The feasibility of that happening is questionable. Bitcoin dosn't scale well with use. It's good as an alternative but increased usage makes transactions more expensive for everyone due to fees. A good scaling solution could have this addressed in part perhaps for BTC to be used by a larger group. In reality though, it'd be very hard to expand to global currency levels.

Official Armor Ceramics

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If Btc is an international currency, no doubt we will be able to use it in our everyday life. We would not need to change it, because we will use its technology that, in fact, is very convenient.

But there is still a question if it's possible, and if the people are ready not to use paper, but electronic money. I'm not sure exactly that iy=t will be so.

bitblackred

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Quote from: CryptoMoar on October 04, 2017, 08:31:10 AM

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?

its awesome if it happen, accept and believe by all country. it mean in country there are many store or stuff like that accept bitcoin for payment, but if bitcoin's supply almost out, it will problem, or the world take one off another altcoin to be international currency.

Quote

How many people like with this thread?

i dont know, anyone to raise hand?

Soon bitcoins will be introduce in to the world as an international currency the reason is its rapidly increasing prices so you should invest in the future's international currency because the prices are never getting Down the prices are going up and up.

cybersofts

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Quote from: tiggytomb on May 12, 2016, 11:36:37 AM

It is already kind of an international currency, a couple of countries have acknowledged it as such. For it to be a true officially accepted currently I don't think we will see that anytime soon as the governments have no control of it as they do currently with their fiat.

Yes, bitcoin is already an international currency since you can use it to buy or sell anywhere around the world. You can spend, send or receive bitcoin anywhere in the world. All you need is access to your wallet to use your bitcoins and buy anything you want as easy as that. Bitcoin is purely digital, fast and also secure better than the traditional fiat that left traces everywhere you go and spend it. Bitcoin has no borders, boundaries, or regulations whatsoever.

marjoree

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It is indeed an international currency, its just not widely used yet and some countries does not allow it yet because not all people knows about this. But as far as it is totally adapted, then government cannot stop it as long people likes it

Adam

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Quote from: tiptopgemdotcom on October 03, 2017, 03:44:27 PM

Quote from: whyrqa on October 03, 2017, 03:31:26 PM

Quote from: CheeseZineSlash on October 03, 2017, 02:53:50 PM

Bitcoin is previously an worldwide forex. Wherever you are, you can constantly use your Bitcoin to transact with somebody online. When going to other nations and you want to get a neighborhood currency, you can look up on the internet what online wallet supports a withdrawal in that forex. For case in point, in my region which is the Philippines, we have cash.ph which makes it possible for you to withdraw your Bitcoins into peso. I wager there are other countries that has internet site like ours.

The fact is that since the new projects that are now being promoted in oil are somehow connected with the crypto currency, then uniquely Bitcoin will be more and more popular. But I'm still doubtful about the massive use of crypto currency.

I think about this scenario: Some parts will accept bitcoins or other coin/tokens as early adopters and others will follow it like the bonus system of ICO projects. First users always get more percentage Wink

Yes your right now this time digital currency bitcoin is number 1.and there are too many uses of bitcoin worldwide anybody want to use bitcoin in invest here but the biggest reason there places the internet access or not avible like a village in mountains .this too bad for those people.

maxamus

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Quote from: kimochidesh on October 04, 2017, 01:43:41 PM

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 Internet is a Country than BITCOIN would be its official currency. That means where there is Internet you can use BITCOIN without any exchange. So it is already an International currency and you need internet not any exchange to make a transaction from it.

Exactly this has been the best explanation i have ever seen on this forum bitcoin is already international currency.

kimochidesh

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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 Internet is a Country than BITCOIN would be its official currency. That means where there is Internet you can use BITCOIN without any exchange. So it is already an International currency and you need internet not any exchange to make a transaction from it.

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