Bitcoin to be international currency - page 50.

TheGreatPython

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Quote from: skyline247 on September 07, 2017, 08:45:12 PM

Quote from: FLoving on September 07, 2017, 06:35:44 PM

Quote from: A.H.Rassel on September 05, 2017, 01:29:43 AM

Bitcoin will be worldwide currency, later on, Bitcoin is presently turned out to be more prominent and individuals are as of now appreciating Bitcoin and we can utilize it in each edge of the world and we trust Bitcoin will be more prevalent and more grounded currency of the world

It seems to be true that the bitcoin will be most influential currency worldwide. Hundreds and thousands of people are entering in this world of crypto. Not now, but yes indeed, the world will be doing businesses and transactions in bitcoins. Current situation is predicting the future.

Right now though, Bitcoin is quite negligible. It sucks to say, but the reality is that 99%+ of people do not know what Bitcoin even is.

You can assume that bit coin will be an international currency which will be accepted all around the world without any paper work someday within next 30-40 years. May be our grandchildren will be getting benefits from our investments in bit coins or we might be the great business tycoons in the world.

Hasbro27

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In my opinion, bitcoin has begun in many legends in many countries, so I think that bitcoin will be accepted worldwide as a global currency. and bitcoin to be one good investment in the future

palle11

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It has already gained that status of international digital currency because it is used for exchange to paper money, transfers etc. It is really getting attention and increasing awareness in many places. The high value pushes people to it. Other cryptos are fast coming up though.

Forhadm

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I think its already is a international currency. Not that it is accepted everywhere,but when we travel we always exchange some bitcoin for euros or Dinar or whatever.We also know to like this when we have the option to earn any extra money get start with bitcoin so i think bitcoin is the international currency.

nethan1btc

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Quote from: Wong Gendheng on September 12, 2017, 11:16:33 PM

I think it still needs a very long process, to become an international currency of course requires a majority and dominant users so I'm not sure will happen in the near future.

Maybe it will happen sooner or later since it is already used most of the people. They were using it for online transactions. And there are now stores that accept bitcoin as payment. I would be very much happy if that will happen soon.

Osarman

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Quote from: SHANTA on September 08, 2017, 02:32:15 AM

Bitcoin is as of now global in light of the fact that everyone on the planet can make utilization of it, you just need access to the web. Still not that many individuals make utilization of it

Everything takes time dude! Anything from scratch need time to establish and grow up in an adult. Bitcoin have only 10 years in market and still we can see the results of amazing response of people getting into it. You are right, everyone can make utilization of it just have to wait until it reaches to everyone.

Wong Gendheng

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I think it still needs a very long process, to become an international currency of course requires a majority and dominant users so I'm not sure will happen in the near future.

romecheo

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Bitcoin indeed hit international currency, Bitcoin was widely use across countries, perhaps the only place Bitcoin won't reach is those places not having electricity or internet connections.

Bitcotalk

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Quote from: Matimtim on September 07, 2017, 12:10:58 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?

Wow! If bit bitcoin will be international currency we don`t need to exchange it right, so less effort for a tourist in one place we don`t need to go in different banks in there country where we are, because bitcoin is already .

I think many transactions will be doing fast because we are using digital payment so I think many people like this kind of transaction less effort and speedy.

Though bitcoins are already used for international transactions but since they are not legal all over the world, the user ahs to convert them into local currency. It would be a great relief for masses if bitcoins are made international currency officially because as you said, it would save our time and prevent us from undergoing hectic procedure of conversion.

PokerFace3

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Quote from: jaysabi on September 08, 2017, 11:08:20 AM

Quote from: Sanitough on April 25, 2017, 03:57:01 AM

Quote from: jaysabi on April 24, 2017, 11:29:16 PM

Quote from: rajasumi3 on April 24, 2017, 11:13:29 PM

It is yet to be announced that bitcoins would be used worldwide as in many parts of the world ,bitcoin introduction is too much necessary then we can apply it.We need media to join hands with us for the promotion of bitcoins.

There wouldn't be any broad announcement any more than there was for the dollar. Nobody controls the international currency market, so there's no authority to deem anything an international currency. It just kind of happens. Whatever currency is the most sought after worldwide is an international currency because its sought out worldwide. Nobody announces it to be so first.

Actually it depends on how we judge it because there is no proper of fixed definition of international currency,
bitcoin is not regulated by the government so we can call it anything we want to, but for me it is already an international currency.

That was kind of my point. If you're waiting for an "announcement" that bitcoin is an international currency, it's never going to come, because there is no authority that makes such proclamations. A currency is just an international currency or it is not, and the means of determination is consensus (wide-scale use). However, to me, bitcoin is not nearly ubiquitous enough to be an international currency.

Yes, now that you have mentioned it, I am actually chuckling. Who is gonna pass such law legalizing bitcoins in whole world and making it international currency ?
If this ever happens, I can see the oneness of all countries in the sense of money at least. I am just sure about one thing; it will be used by all countries one day.

eann014

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Quote from: Kava on August 13, 2017, 08:10:19 AM

I do not agree that bitcoin is an international currency, because not all countries have accepted it, and in some cases it is generally banned. He needs even more time to become a world currency.

For me it is already international, but it is not just currency, it is crypto-currencies. So that it is an international crypto-currencies because it is already can be use all over the world. We can use it as long as we have internet everywhere we want.

kram31

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the evolution is starting and you can see the progress of bitcoin all over the world ..
i must spread to heard by all the people afterwards bitcoin will be use to everyday life .. as we all bitcoiners now use and gain from it .. we can tell that it is currency now already ? havent you realized it ? and now many bank are merging to issue an ICO by ther selves and be competitive in bitcoin industry ..

kafiddrhman

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Quote from: logicgate on September 08, 2017, 11:25:37 PM

Quote from: ArrogantPeacock on September 08, 2017, 06:46:39 AM

people are already using it worldwide.. it's mainly now about adoption

the more people learn about the benefits of people the more people will use it and the more it will increase in value

the future looks bright if you ask me

Yes you are right bitcoin are already used in international transactions which make it a good international currency. Bitcoin just need to be legal worldwide to be recognized as an official international currency of the world. I will support you in this regard that bitcoin have very bright future and same is that of bitcoin holder

so far the function of bitcoin has become an international currency but its legalization is still a consideration by various parties, especially state financial institutions and government authorities in the field.

logicgate

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Quote from: ArrogantPeacock on September 08, 2017, 06:46:39 AM

people are already using it worldwide.. it's mainly now about adoption

the more people learn about the benefits of people the more people will use it and the more it will increase in value

the future looks bright if you ask me

Yes you are right bitcoin are already used in international transactions which make it a good international currency. Bitcoin just need to be legal worldwide to be recognized as an official international currency of the world. I will support you in this regard that bitcoin have very bright future and same is that of bitcoin holder

robbietobby

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Just like language, english is the international of them all while international currency markets have banks, central banks, commercial companies, investment firms and etc. to generate currency of the country. I think bitcoin would become the international "CRYPTOCURRENCY" and the basic unit of all types of digital currency.

Rasel5209

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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?

Any one any country and any place buy bitcoin if you have Internet connect. many country don't accept bitcoin but country people like and use bitcoin. have a lot site that use bitcoin and creat new bitcoin user so regularly need transaction . many people like this i thik at a time all country accept and all people come in bitcoin.

Lubang Bawah

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Many things that must be resolved in order to become an international currency, of course there will be special rules handled by the world financial institutions, and of course this takes a long process of time.

jaysabi

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Quote from: Sanitough on April 25, 2017, 03:57:01 AM

Quote from: jaysabi on April 24, 2017, 11:29:16 PM

Quote from: rajasumi3 on April 24, 2017, 11:13:29 PM

It is yet to be announced that bitcoins would be used worldwide as in many parts of the world ,bitcoin introduction is too much necessary then we can apply it.We need media to join hands with us for the promotion of bitcoins.

There wouldn't be any broad announcement any more than there was for the dollar. Nobody controls the international currency market, so there's no authority to deem anything an international currency. It just kind of happens. Whatever currency is the most sought after worldwide is an international currency because its sought out worldwide. Nobody announces it to be so first.

Actually it depends on how we judge it because there is no proper of fixed definition of international currency,
bitcoin is not regulated by the government so we can call it anything we want to, but for me it is already an international currency.

That was kind of my point. If you're waiting for an "announcement" that bitcoin is an international currency, it's never going to come, because there is no authority that makes such proclamations. A currency is just an international currency or it is not, and the means of determination is consensus (wide-scale use). However, to me, bitcoin is not nearly ubiquitous enough to be an international currency.

ArrogantPeacock

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people are already using it worldwide.. it's mainly now about adoption

the more people learn about the benefits of people the more people will use it and the more it will increase in value

the future looks bright if you ask me

Symphony_fr

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Merit: 100

Bitcoin is already used as an international currency, but not officially, but uncontrolled. The only problem is that it is used only by those who have access to the Internet.

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