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Topic: Bitcoin to be international currency - page 62. (Read 94986 times)

full member
Activity: 168
Merit: 100
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"?
hero member
Activity: 837
Merit: 500
April 20, 2017, 05:38:29 PM
if im not wrong i think bitcoin is already international crypto currency because all of us in different nations/country we still can have bitcoin and we can buy bitcoin as long as we have internet . so im being confused how come do you think that bitcoin is still not international currency. and also bitcoin is decentralized currency so it can considered as a internation currency.
It not yet international crypto currency fiat will always be also paypal is still there that can people choose whether they want to do shop online or not. Bitcoin will be considered as international currency is he will be on the top that people choose to used not everyday but will used online transactions like shopping through online markets

I do not agree with you. It does not matter how many people use cryptocurrency. The main thing is that it is used by people from different countries. And this means that bitcoin can be called an international currency

True, as long as the currency is accessible in any part of the world, it can be called international currency, if we can spend money to any part of the world, it is an international money.  Bitcoin being both is an international currency.  It is created that way and recognized by the community that way and now it is being recognized by different country.

it can be used internationally so it is really international money, as much as it can used locally and internationally then it is worth it, there's no need to make it a big deal since we all get the access and the benefits bitcoin have to offer to its user.
legendary
Activity: 3010
Merit: 1280
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April 20, 2017, 05:34:06 PM
if im not wrong i think bitcoin is already international crypto currency because all of us in different nations/country we still can have bitcoin and we can buy bitcoin as long as we have internet . so im being confused how come do you think that bitcoin is still not international currency. and also bitcoin is decentralized currency so it can considered as a internation currency.
It not yet international crypto currency fiat will always be also paypal is still there that can people choose whether they want to do shop online or not. Bitcoin will be considered as international currency is he will be on the top that people choose to used not everyday but will used online transactions like shopping through online markets

I do not agree with you. It does not matter how many people use cryptocurrency. The main thing is that it is used by people from different countries. And this means that bitcoin can be called an international currency

True, as long as the currency is accessible in any part of the world, it can be called international currency, if we can spend money to any part of the world, it is an international money.  Bitcoin being both is an international currency.  It is created that way and recognized by the community that way and now it is being recognized by different country.
newbie
Activity: 36
Merit: 0
April 20, 2017, 03:29:17 PM
if im not wrong i think bitcoin is already international crypto currency because all of us in different nations/country we still can have bitcoin and we can buy bitcoin as long as we have internet . so im being confused how come do you think that bitcoin is still not international currency. and also bitcoin is decentralized currency so it can considered as a internation currency.
It not yet international crypto currency fiat will always be also paypal is still there that can people choose whether they want to do shop online or not. Bitcoin will be considered as international currency is he will be on the top that people choose to used not everyday but will used online transactions like shopping through online markets

I do not agree with you. It does not matter how many people use cryptocurrency. The main thing is that it is used by people from different countries. And this means that bitcoin can be called an international currency
legendary
Activity: 1036
Merit: 1002
April 20, 2017, 10:37:55 AM
if im not wrong i think bitcoin is already international crypto currency because all of us in different nations/country we still can have bitcoin and we can buy bitcoin as long as we have internet . so im being confused how come do you think that bitcoin is still not international currency. and also bitcoin is decentralized currency so it can considered as a internation currency.
It not yet international crypto currency fiat will always be also paypal is still there that can people choose whether they want to do shop online or not. Bitcoin will be considered as international currency is he will be on the top that people choose to used not everyday but will used online transactions like shopping through online markets
hero member
Activity: 742
Merit: 500
April 20, 2017, 10:19:46 AM
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.
Yes,its already an international currency.Japan accepted it as a payment option.China and Russia have come to regulate bitcoin instead of banning it.Liberland has accepted it as national currency.Nigerians and venezuela people using bitcoin the most.Lots of foreign workers getting benefit by sending their earnings in bitcoin.
member
Activity: 123
Merit: 10
April 20, 2017, 09:58:06 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.

When the block size is increased and the transaction fee is lower more people will use it. The price will also rise a lot as the user increases.
hero member
Activity: 959
Merit: 500
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.
copper member
Activity: 658
Merit: 284
April 20, 2017, 08:33:06 AM
Bitcoin already known and used worldwide. Sure the number of people who use bitcoin is still not as big as we wanted to but it is not small neither. I wish that Gox thing never happened. Because of that scam people got scared a lot and they see bitcoin as scam sadly.
how to make all people love this currency, and change bad image (scam) about bitcoin?

There is no way to make bitcoin become complete clean image the same way its very hard if not impossible to make the fiat money clean as we all know its being used for several deals on the dark marketplaces soo ,you can clean the mess around bitcoin but its about countries accept bitcoin as a currency and payment processor,till there the dark image will keep .Yes bitcoin its a currency that is being used by several people from several countries.
do you have suggestion for all bitcoiners to make bitcoin exist with litle bad image?

We just need big and trusted companies (companies like steam[done], ebay, amazon...) to accept bitcoin as a payment method. This is the only way. Once bitcoin is there as a trusted payment method, people forget the past fuckups.

I don't like the idea to lick ebay's or amazon's boots to make 'em accept bitcoin but that's the truth sadly.

Yes, when big companies started accepting bitcoin then we may called bitcoin fully global accepted currency. when these big companies start to implementing bitcoin as of their payment system, then all the smaller ones too because the smaller companies always look up to the bigger ones for new ways to improve their product. I'm surely they'll do implement bitcoin as one of the payment method in-time when the bitcoin is more valuable I think.
hero member
Activity: 3094
Merit: 606
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April 19, 2017, 10:56:27 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.
legendary
Activity: 2044
Merit: 1115
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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."
sr. member
Activity: 573
Merit: 251
April 19, 2017, 08:31:55 PM
It seems like too much, for being itnernational currency obviously it takes a lot of things, we still remember that when the EU makes the EURO as the European currency need socializing over 10 years.
sr. member
Activity: 406
Merit: 250
April 19, 2017, 07:36:29 PM
if im not wrong i think bitcoin is already international crypto currency because all of us in different nations/country we still can have bitcoin and we can buy bitcoin as long as we have internet . so im being confused how come do you think that bitcoin is still not international currency. and also bitcoin is decentralized currency so it can considered as a internation currency.
You are correct that bitcoin is international currency but as of now it is not a world currency unlike USD. But this decentralized currency is much great to used in online transaction. Those people saying that bitcoin is not yet international currency they do not know how to used bitcoin internationally i think. But for us who already understand the uses of bitcoin we can say it is already international currency.
copper member
Activity: 2940
Merit: 1280
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April 19, 2017, 07:25:17 PM
if im not wrong i think bitcoin is already international crypto currency because all of us in different nations/country we still can have bitcoin and we can buy bitcoin as long as we have internet . so im being confused how come do you think that bitcoin is still not international currency. and also bitcoin is decentralized currency so it can considered as a internation currency.
This is what I thought about already, it's just that not all people know it or understand everything bitcoin can offer. I hope some people understand it before just saying that it's for bad purposes.
hero member
Activity: 924
Merit: 500
April 19, 2017, 07:19:19 PM
if im not wrong i think bitcoin is already international crypto currency because all of us in different nations/country we still can have bitcoin and we can buy bitcoin as long as we have internet . so im being confused how come do you think that bitcoin is still not international currency. and also bitcoin is decentralized currency so it can considered as a internation currency.
sr. member
Activity: 1092
Merit: 271
April 19, 2017, 03:15:32 PM
Imagine this scenario: you take an extended trip to three foreign countries. You don’t exchange currencies or pay the fees to do so. You spend your money without ever taking it out of an ATM or paying international transaction fees.

Sounds convenient and cheap, right?

This scenario isn’t a pipe dream. It could be the future of international currency.

Well actually it is already happening.  With bitcoin in our stash and our destination are the three countries that greatly support Bitcoins, then we can just use our Bitcoin to pay for our expenses, either by converting them to the nation's money where we are at that current time.
sr. member
Activity: 364
Merit: 250
April 19, 2017, 02:27:56 PM
Imagine this scenario: you take an extended trip to three foreign countries. You don’t exchange currencies or pay the fees to do so. You spend your money without ever taking it out of an ATM or paying international transaction fees.

Sounds convenient and cheap, right?

This scenario isn’t a pipe dream. It could be the future of international currency.
sr. member
Activity: 734
Merit: 250
April 17, 2017, 05:26:37 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.
At the time when everyone in the world will have bitcoin and will be accepted for payment and other transactions all over the world even for state then we will call it as global currency while in current situation we call it as international currency so it is said that bitcoin is an international currency because it is adoptable in every corner of the world.
sr. member
Activity: 742
Merit: 329
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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.
newbie
Activity: 37
Merit: 0
April 17, 2017, 04:13:17 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?
Bitcoin is already international currency, where other people who used bitcoin in different country. And there are also lots of people who embraced bitcoin so far, because it is very flexible to use and the features was very unique and impressive to apply in our daily routine in life.
I would not argue with that reality as it's pretty obvious that it is, people all over the world has an idea already about
bitcoin and that makes bitcoin more popular which resulted to a valuable price now.
More and more adoption will result for more increase in the price. That is really true that bitcoin is almost all over the world and the bitcoin is already attracting and getting people's attention and soon if the adoption like in the Japan will continue then there is no doubt that bitcoin will increase to its maximum possibility and it will reach another ATH.

I agree with you. Bitcoin strengthens its position throughout the world. This is a very good trend. Thanks to this, we will get a high demand for this cryptocurrency. And this means that the price will rise
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