Bitcoin to be international currency - page 60.

Kurohige

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Quote from: d-trixx on April 25, 2017, 06:32:08 AM

Why is it not enough? Bitcoin is already in demand among many users. And for him there are no boundaries. It can be used by all people all over the world. Formally, it has already become an international currency.

In demand by many people? Do you have some stats there? Prove it that you are not posting because of your signature campaign.

Since you are here in bitcoin world, you will thought of things like that but if you look into the globe, currently it's not been widely used. Remember that.

d-trixx

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Quote from: Barrymore on April 25, 2017, 06:08:33 AM

Quote from: pinggoki on April 25, 2017, 05:53:23 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?

In my opinion, bitcoin is already international currency because you can use it in ay kind of transaction around the world anytime. However, you can't use it in online shop without converting it into fiat. Yet, it can assit the economy of a country. It is better to know all the people about bitcoin not only for to grow the demand of it but also to use it in our daily life.

While it is very difficult to use bitcoins in everyday life. Bitcoin lives in the Internet only very rarely do we see it as offline. We can do worldwide is calculated bitcoins online, but in order to become an international currency that is not enough.

Why is it not enough? Bitcoin is already in demand among many users. And for him there are no boundaries. It can be used by all people all over the world. Formally, it has already become an international currency.

Barrymore

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Quote from: pinggoki on April 25, 2017, 05:53:23 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?

In my opinion, bitcoin is already international currency because you can use it in ay kind of transaction around the world anytime. However, you can't use it in online shop without converting it into fiat. Yet, it can assit the economy of a country. It is better to know all the people about bitcoin not only for to grow the demand of it but also to use it in our daily life.

While it is very difficult to use bitcoins in everyday life. Bitcoin lives in the Internet only very rarely do we see it as offline. We can do worldwide is calculated bitcoins online, but in order to become an international currency that is not enough.

pinggoki

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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?

In my opinion, bitcoin is already international currency because you can use it in ay kind of transaction around the world anytime. However, you can't use it in online shop without converting it into fiat. Yet, it can assit the economy of a country. It is better to know all the people about bitcoin not only for to grow the demand of it but also to use it in our daily life.

Sanitough

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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.

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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.

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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.

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Quote from: severaldetails on April 20, 2017, 08:53:11 AM

I think it's how the definition of international currency is.
When you compare bitcoin to the US dollar There is still a long way to go.
There are over 300 million citizens in the US alone, all accepting the dollar.
Bitcoin has a few million users.
And you must always keep in mind that bitcoin is becoming more and more a form of investment.
I think that weakens its position as a currency.

300 million people in the US, not to mention the USD's standing as a stable currency internationally. There are many more people who would prefer to deal with dollars than not. And on the investment note, you've got the right correlation. "Investment" vehicles do not make good currencies, and Bitcoin is an investment vehicle for sure. Nobody takes it seriously as a currency.

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Quote from: Natalim on April 19, 2017, 10:56:27 PM

Quote from: jaysabi on April 19, 2017, 09:12:07 PM

Bitcoin won't become an international currency until it loses the volatility. It can't maintain a stable value, which is absolutely critical of any currency. People aren't using it as a currency right now so much as a speculation vehicle. For as long as that continues, it will never be a "currency."

That is not the main basis to be considered it as an international currency, the fact that it is widely use it can already be called.
Bitcoin is not big enough but it continues to grow, that trend will result to a bigger market in the future.

I'm not saying it's the main basis, I'm saying that irrespective of what the main basis is, Bitcoin can't achieve it as long as its highly volatile. A volatile currency is useless for commerce, and useless currencies will not be international currencies.

rhamzter

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Sound pretty good, if the bitcoin was became an international currency money line of all country were become fair. I think it is a good idea to less the poverty in all nation. I just want to see that it will happen in the future.

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Quote from: machinek20 on April 21, 2017, 06:56:55 PM

Quote from: BeGoods on April 20, 2017, 06:57:46 PM

Quote from: satchelsidney on April 20, 2017, 05:40:25 PM

Isn't it already an international currency?

You can buy anything from anywhere in the world, withdraw money from anywhere in the world.

What more do you want? A government to announce "hey sheep, bitcoin is the new money"?

Nope i think user waiting bitcoin is accepted in many places in the world. So they have many options for spending and they can use bitcoin directly without conversion to fiat first

Bitcoin already accepted in most of the country, and there are more and more country adopting bitcoin nowadays, so I think bitcoin had become an international currency and we need initiative, dont wait but act, introduce to new user, it will help more people to accept bitcoin and there will be more shop accepting bitcoin so bitcoin will become more useful for life

Bitcoin has not been accepted anywhere, but bitcoin can still be used anywhere as long as they have an internet connection. But users have spread all over the world

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Quote from: mirana12345 on May 12, 2016, 04:02:43 PM

It would be an awesome thing if you could go anywhere and buy all goods and services with bitcoin w/o exchanging. Don't know why there isn't more of them,
because they have nothing to lose with options like bitpay that would instantly convert their bitcoins back to fiat if thats what they want.
If you are counting in bitcoin debit cards also, then you already can go everywhere with just your bitcoin balance. There are only few places that wont accept them.

Yes I agree to your idea. It is good on hearing and experiencing the transaction using bitcoin all over the country not thinking on whether country you will used our bitcoin. And for me it is possible. Because we all know that bitcoin is always aligned on the development of technology so the development or the upgrade to its transaction and price is always going with flow of changes of technology. As its develop the more chance that the government will be open on accepting bitcoin on a matter of legal issue.

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Quote from: ipungadhi on April 22, 2017, 06:23:40 PM

Quote from: machinek20 on April 21, 2017, 06:56:55 PM

Quote from: BeGoods on April 20, 2017, 06:57:46 PM

Quote from: satchelsidney on April 20, 2017, 05:40:25 PM

Isn't it already an international currency?

You can buy anything from anywhere in the world, withdraw money from anywhere in the world.

What more do you want? A government to announce "hey sheep, bitcoin is the new money"?

Nope i think user waiting bitcoin is accepted in many places in the world. So they have many options for spending and they can use bitcoin directly without conversion to fiat first

Bitcoin already accepted in most of the country, and there are more and more country adopting bitcoin nowadays, so I think bitcoin had become an international currency and we need initiative, dont wait but act, introduce to new user, it will help more people to accept bitcoin and there will be more shop accepting bitcoin so bitcoin will become more useful for life

Hey dude, i think no country accept bitcoin. The government will never do that, but it does not matter because you can still use bitcoin as usual

have you tried to read the latest new bitcoin on japan, They are trying to consider it as a legal payment on his country and it makes your opinion to be wrong.

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Quote from: AK47- on April 24, 2017, 10:01:28 AM

Quote from: MioTaiHeo on April 24, 2017, 08:12:29 AM

Quote from: TribalBob on April 23, 2017, 11:24:20 AM

Quote from: deppil on April 21, 2017, 06:59:55 PM

Quote from: meliodas on April 17, 2017, 04:25:31 PM

I really think it is really becoming an international currency there are so many people all over the world that is using it,
And it doesn't matter where ever you are as long as you can access the internet you can send and receive bitcoin.

I think bitcoin has not become an international currency, although users have been covered in different countries but it has not made bitcoin in anywhere. You're not yet free to use bitcoin

Yes the Governments have not announced anything publicly yet but they have also not banned bitcoin yet and people who are earning and using bitcoins will continue to use bitcoins even if there is any interference from Government in future.

I hope that in the future there will be no significant government interventions in bitcoin. Let the government control the national currency. Bitcoin can not be banned and controlled

Yes, government should not intervene in bitcoin. It is individual's currency and this is what makes it important.

Bitcoin is a decentralized currency and even Government cannot have control on it and that is the best thing about bitcoins and even if there is interference from Government I am sure that people will continue to earn it and use it best possible ways.

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Quote from: MioTaiHeo on April 24, 2017, 08:12:29 AM

Quote from: TribalBob on April 23, 2017, 11:24:20 AM

Quote from: deppil on April 21, 2017, 06:59:55 PM

Quote from: meliodas on April 17, 2017, 04:25:31 PM

I really think it is really becoming an international currency there are so many people all over the world that is using it,
And it doesn't matter where ever you are as long as you can access the internet you can send and receive bitcoin.

I think bitcoin has not become an international currency, although users have been covered in different countries but it has not made bitcoin in anywhere. You're not yet free to use bitcoin

Yes the Governments have not announced anything publicly yet but they have also not banned bitcoin yet and people who are earning and using bitcoins will continue to use bitcoins even if there is any interference from Government in future.

I hope that in the future there will be no significant government interventions in bitcoin. Let the government control the national currency. Bitcoin can not be banned and controlled

Yes, government should not intervene in bitcoin. It is individual's currency and this is what makes it important.

Wintersoldier

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Quote from: Enotche on May 13, 2016, 02:37:16 AM

Bitcoin is already an international currency, and is already being used to pay for goods and services. And that's good, very good! It's like the English language, it is necessary to come to a new country, and can chat with the people in English. So with Bitcoins can be used without the need to exchange currency for the state.
I think many of those who are not familiar with Bitcoin is like. Especially lovers of travel.

Bitcoin can be used on almost all over the world because it is powered by internet. So people can really used it as a way of transaction. We can see that technology is more aligned on the development brought by the internet so it is not surprising that bitcoin may also go with flow and develop for its future to grow. And for me, if the development of bitcoin will continue no doubt that few years for now it will be really a international currency where the legality on the government of all the countries all over the world.

kpcian

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Well, Bitcoin has already gained it's ground. Though it's not a formal way but we can use it in our way. If Bitcoin will be declared as a international currency then it would be a interesting as well as fruitful for people who are engaged in Bitcoin.
Hopefully it will be a international currency very soon.

MioTaiHeo

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Quote from: TribalBob on April 23, 2017, 11:24:20 AM

Quote from: deppil on April 21, 2017, 06:59:55 PM

Quote from: meliodas on April 17, 2017, 04:25:31 PM

I really think it is really becoming an international currency there are so many people all over the world that is using it,
And it doesn't matter where ever you are as long as you can access the internet you can send and receive bitcoin.

I think bitcoin has not become an international currency, although users have been covered in different countries but it has not made bitcoin in anywhere. You're not yet free to use bitcoin

Yes the Governments have not announced anything publicly yet but they have also not banned bitcoin yet and people who are earning and using bitcoins will continue to use bitcoins even if there is any interference from Government in future.

I hope that in the future there will be no significant government interventions in bitcoin. Let the government control the national currency. Bitcoin can not be banned and controlled

timerland

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Quote from: TribalBob on April 23, 2017, 11:24:20 AM

Quote from: deppil on April 21, 2017, 06:59:55 PM

Quote from: meliodas on April 17, 2017, 04:25:31 PM

I really think it is really becoming an international currency there are so many people all over the world that is using it,
And it doesn't matter where ever you are as long as you can access the internet you can send and receive bitcoin.

I think bitcoin has not become an international currency, although users have been covered in different countries but it has not made bitcoin in anywhere. You're not yet free to use bitcoin

Yes the Governments have not announced anything publicly yet but they have also not banned bitcoin yet and people who are earning and using bitcoins will continue to use bitcoins even if there is any interference from Government in future.

Indeed, we are during the times when every single cryptocurrency user is waiting for any annoucements from the goverments side.
We were waiting for ETF, but they rejected it, which is not a good sign. After all, if US goverment would like to adopt bitcoin, such a fund would have been started.

At least we dont see many countries that want to ban bitcoin, this is something but we still need to see more and more countries doing the same thing like Japan.
We should encourage the others about crypto's to achieve our common goal: to see bitcoin as a international currency, used in settlements between people in different parts of the world.

TribalBob

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Quote from: deppil on April 21, 2017, 06:59:55 PM

Quote from: meliodas on April 17, 2017, 04:25:31 PM

I really think it is really becoming an international currency there are so many people all over the world that is using it,
And it doesn't matter where ever you are as long as you can access the internet you can send and receive bitcoin.

I think bitcoin has not become an international currency, although users have been covered in different countries but it has not made bitcoin in anywhere. You're not yet free to use bitcoin

Yes the Governments have not announced anything publicly yet but they have also not banned bitcoin yet and people who are earning and using bitcoins will continue to use bitcoins even if there is any interference from Government in future.

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