Bitcoin to be international currency - page 6.

Paycoinzzz

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Quote from: jameshowlett on March 23, 2018, 06:23:25 PM

Quote from: glavos on March 23, 2018, 04:53:08 PM

Bitcoin already is international currency but not official one. Too bad it can be manipulated that easy.

Yup. Bitcoin is truly an international currency but it is not yet recognized by the government. Therefore, there are still many restrictions while using bitcoin in different country. But on the internet, people can use bitcoin to transfer money from this country to that country without any problem

You can not use Bitcoin to purcharse directly like FIAT in many countries, because Bitcoin is just a tool for investment and speculation.
This is thinking of the government, for them, they do not want to use Bitcoin to replace the role of FIAT on the world.
Because they can not manage it and the people will take advantage this issue to evade tax and do for crime.

kyoshiro0911

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As others have already pointed out, Bitcoin itself is international. It is not an official currency, but an unofficial currency, payment method, value-exchange system (pick your choice).

However, if you are referring to bitcoin as an official currency worldwide assuming we let go of the existing state issued currencies we have, it is neither a good idea or a practical one. The world’s GDP is too large for Bitcoin (at current) to support it - even if all 21 Million Bitcoins have been mined.

Black Angel

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Quote from: icecream sandwich on March 24, 2018, 10:37:17 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?

Actually if you come to think of it the bitcoins is really becoming a thing to the whole world and almost they are being used internationally because how can it possible for you be given a bitcoins for example how it possible for you to receive a payment that are came from the different county that is veung used international so the bitcoins can always be like that but the thing is the money will be the main monetary unitñ

True, bitcoin applies around the world because bitcoin users are not bound by the geographical state or region, this is what makes me believe that someday bitcoin will become the first global currency.

Edfeilbartolome

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It is already a international currency as majority of people across the globe are using it, the only thing we need is that it should hit the mainstream to get more popular in future.i think it is the right time

icecream sandwich

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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?

Actually if you come to think of it the bitcoins is really becoming a thing to the whole world and almost they are being used internationally because how can it possible for you be given a bitcoins for example how it possible for you to receive a payment that are came from the different county that is veung used international so the bitcoins can always be like that but the thing is the money will be the main monetary unitñ

knight20

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As of now bitcoin surpass the value of any currencies. To be an international currency that won't be easy. Because how could bitcoin be a world or international currency if bitcoin can't be seen by visual and no permanent country specific money who will adopt bitcoin as there local or even international currency.

jameshowlett

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Asura – Self Sustainable eSport ecosystem

Quote from: glavos on March 23, 2018, 04:53:08 PM

Bitcoin already is international currency but not official one. Too bad it can be manipulated that easy.

Yup. Bitcoin is truly an international currency but it is not yet recognized by the government. Therefore, there are still many restrictions while using bitcoin in different country. But on the internet, people can use bitcoin to transfer money from this country to that country without any problem

uozer

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PRiVCY

Bitcoin awareness had been spread globally. Acceptability by the diversed Economies is just the Challenge. But the cryterion for its support Internationally is not an understatement since its famous potentialities is being worn and utilized maximally and prospectively by we various Bitcoin Fans all over the world which can however fast track its general knowledge for fundamental acceptability where the Governments shall later than sooner has no choice other than to give it the necessary supports it required for existence to actualize Satoshi Nakomoto objectives as future International on line currency. In a nutshell, its uses all over the world no matter how long it takes is an undoubtful swag, where by then, peaceful co existence among different countries on International Trade, especially on line goods and services are multilaterally achievable speedily, accurately and gladly for conveniency without fear of any sort uniformly.

glavos

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Bitcoin already is international currency but not official one. Too bad it can be manipulated that easy.

GamingBro

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Bitcoin can be international currency because you don't need anything to use it at any country and transactions all over the world is good benefit for international currency.

bajigur894784

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actually bitcoin is created to be a currency that knows no national borders, but, there are some obstacles, for example .. bitcoin is difficult to use for daily currency such as buying coffee or other small things, because basically, bitcoin value is very fluctuating and the transfer process requires a relatively long time.

Jembut Ireng

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Although this may sound impossible, but I'm sure if this could happen someday, if this year the bitcoin price can go back and stay above $ 15k then hope to make bitcoin as global currency soon become a reality.

hawkins

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Quote from: Gudhal Untu on March 23, 2018, 01:32:24 PM

Of course this is the hope of bitcoin users, if bitcoin officially made global currency then I am sure that the price will reach $ 100 million because bitcoin stock only 21 million, so very limited and become very expensive.

well, we all hope it happens. but I think it is very difficult to reach that point. especially when not all countries see bitcoin as evidence of technological developments. but, of course bitcoin users expect it.

Gudhal Untu

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Of course this is the hope of bitcoin users, if bitcoin officially made global currency then I am sure that the price will reach $ 100 million because bitcoin stock only 21 million, so very limited and become very expensive.

ashahin7799

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I think bitcoin may be the international currency.Because, the use of bitcoin is increasing day by day.Imagine the future of people.Running research about its use.Bitcoin has already introduced his talent.So, we can think of this as an international currency.

andika2018

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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?

I think that will happen in the future. With technology advance, I am believe that bitcoin can use as payment around the world. Maybe with NFC on our phone we can make transaction with bitcoin or maybe there is another technology can use

Bugsbey

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Quote from: SquallLeonhart on May 12, 2016, 12:24:45 PM

It is already a international currency as majority of people across the globe are using it, the only thing we need is that it should hit the mainstream to get more popular in future.

I agree! People in this community are from different countries of the world. Only the government still does not recognize this cryptocurrency but its already used by commoners from all over the world. Someday, when lots of bigger investors acknowledge the use of cryptocurrency and become known to all then maybe the government will legalize this system.

Ferylero

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Bitcoin will never be an international currency until government accept bitcoin as an alternative currency. For now can be said bitcoin still play on darkness area. There is some movement in the right direction, but still.

keninu

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Bitcoin is the International Currency, we are free to use anywhere. and This is already known to the crowd, it becomes the virtue of bitcoin, we do not need to be confused to bring a lot of money if you want to go abroad, the problem is not all countries legalize Bitcoin to make transactions.

Razick

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If bitcoin becomes an international currency it will be good for the entire market and the investors because transactions across the world will be faster and more efficient and you control what you want to send and who you choose to send it to without worry about the distance or even needing a third party to help carry out your transaction and get the money to the recipient.

Topic: Bitcoin to be international currency - page 6. (Read 94961 times)