Bitcoin to be international currency - page 70.

SvenBomvolen

hero member

Activity: 588

Merit: 500

Quote from: dearbesz1219 on March 12, 2017, 08:30:49 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?

agreed, bitcoin nowadays are very popular to be use worldwide in terms of online payment and online job/income too. So far many of the merchant now is accepting bitcoin concepts anyhow. Moreover, majority of the online advertising company also adopting the system of bitcoin.

Thats correct that bitcoin is spreading over the world today and it's already possible to count bitcoin as international currency. But I think it still stays the time to mass adoption. Bitcoin is still not so known among the humanity, but I think next few years will solve this point.

dearbesz1219

hero member

Activity: 924

Merit: 500

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?

agreed, bitcoin nowadays are very popular to be use worldwide in terms of online payment and online job/income too. So far many of the merchant now is accepting bitcoin concepts anyhow. Moreover, majority of the online advertising company also adopting the system of bitcoin.

Sled

hero member

Activity: 1680

Merit: 535

Bitcoin- in bullish time

Quote from: coynedterm on March 12, 2017, 12:38:21 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?

I think bitcoin is already a international currency , since the matter of banned bitcoin by few countries is other and it got not a official support by all the countries .
Few of countries allowed it to use officially .
So I think it is already a international currency but it will become fully international if the countries who banned the bitcoin to use , remove the ban from the bitcoin .
If it will happen then surely everyone who want to make online business will be able to make easy deals .

That is true. Bitcoin is an international currency because you can get in touch into bitcoin by just having a device and also internet connection and then you are connected into bitcoin but the main problem is, some of the countries or government to be specific doesn't understand bitcoin and they just ignore it and keep saying that it is not worth to try but i believe that someday they will start accepting bitcoin because it doing well now just look at the price chart for compared to the past few months Roll Eyes

.

coynedterm

hero member

Activity: 882

Merit: 500

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?

I think bitcoin is already a international currency , since the matter of banned bitcoin by few countries is other and it got not a official support by all the countries .
Few of countries allowed it to use officially .
So I think it is already a international currency but it will become fully international if the countries who banned the bitcoin to use , remove the ban from the bitcoin .
If it will happen then surely everyone who want to make online business will be able to make easy deals .

ImHash

hero member

Activity: 924

Merit: 506

Do you have cash as your national currency and only 1 or 2 countries will accept it? or you have dollars and any country on earth will accept it but question is: can you put $100M cash in a few briefcases and carry them around any where you go?
Do you know the trouble and the hassle when you trying to open a bank account in order to have access to your funds online and offline anywhere and at any time?
It is literally the easiest way of banking with bitcoin not only you can trade it worldwide but you need nothing other than keeping your private keys safe.
Bitcoin has everything sorted out just we need to grab the opportunity, if you could show me one similar currency like BTC I'll start supporting it.

X-ray

hero member

Activity: 3066

Merit: 536

Leading Crypto Sports Betting & Casino Platform

Quote from: Harlot on March 11, 2017, 12:58:48 PM

Quote from: CoinFoxs on March 11, 2017, 12:38:15 PM

Quote from: mornabo on March 10, 2017, 07:12:15 PM

Quote from: Vikash kumar on February 15, 2017, 06:14:13 AM

off course the bitcoin is already become a international currency now because it is using by so many people of varrious countries .the performance of bit coin is also accepted by users so it become verry popular site now a days.

bitcoin is used by various people around the world from different countries and it proves that bitcoin worth anywhere and I think now we can say that bitcoin is an international currency

Bitcoin is used by people of different countries and also accepted in many countries but I think bitcoin should be accepted by the government of different countries to become international currency. That's what I think may be I am wrong.

It is in fact that Bitcoin is being used by people from all over the world but it does not prove anything about being an international currency, it can't even be accepted by local businesses. I think of it as some kind of payment option in which if available will be use, think of it as some kind of credit card in which people use when purchasing something online.

How many percentage of the total population had reached to adopt bitcoin? Bitcoin is just an universal currency without a legalsm and it's mean the bitcoin still being an illegal currency in the law environment.
And according to his scalability problem and it's still on the premature phase.

TastyChillySauce00

legendary

Activity: 3010

Merit: 1028

Leading Crypto Sports Betting & Casino Platform

Quote from: panganib999 on March 11, 2017, 10:43:00 PM

Quote from: The_Dark_Knight on March 11, 2017, 10:19:04 PM

Quote from: KennyR on March 10, 2017, 07:37:03 PM

Quote from: mornabo on March 10, 2017, 07:12:15 PM

Quote from: Vikash kumar on February 15, 2017, 06:14:13 AM

off course the bitcoin is already become a international currency now because it is using by so many people of varrious countries .the performance of bit coin is also accepted by users so it become verry popular site now a days.

bitcoin is used by various people around the world from different countries and it proves that bitcoin worth anywhere and I think now we can say that bitcoin is an international currency

Bitcoin is the only currency that has got access everywhere nature, that means it's the one that can be converted to the local fiat without much difficulty. The same is not even possible with dollar. So without any question we can say bitcoin is an universal currency than a international currency.

You can have access to bitcoin if you have, electricity, internet and a computer, so no, you cannot get access to bitcoin everywhere, fiat on the other hand does not need any of that as long as it is in cash form, so there are many people that have no access to bitcoin.

I totally agree with that, Fiat is more convenient than bitcoin. Because bitcoin is a digital currency so you need a digital products specifically cellphone, And poor people don't have that. So I think it's beyond impossible for bitcoin became the international currency.

Just use what is necessary and what makes you feel comfy, there's no obligation to use bitcoin in your real life means you're facing the unnecessary inconvenience. The cell phone is not a digital products/goods, digital products are some products that don't have its physical shapes such as a voucher or etc. And one thing, international currency is a currency that's being used globally without any restriction against something and it's can be freely used by everyone as long as they're capable of using it, even if those poor people still not capable yet of using it bitcoin still an international currency.

darthmaul

sr. member

Activity: 714

Merit: 252

First of all that's really good thought. However, Bitcoin more or less is International Currency only. Where ever you go the currency has same value for services and goods if you think of demographic spending of BTC. Although your local currency has different value, regardless of it bitcoin stands equally to two different country's!

So addressing to your question, "How to use it" well the same way you using it. I think this will bring equalization in prices of Goods and Services. For example, If I have to buy something from USD [$] country sitting from Indai [where $ 1 = INR 65] then I will i have to pay as much as 64 times per dollar! So lets say I am buying Greeting card of $ 4 then I will have to pay INR 260 from my bank account. Now consider Bitcoin BTC which is equal everywhere for me for you and each country. So buying $4 worth of Greeting card you have to pay same BTC as I would do. This will give both of us same value and perspective towards buying and selling of Goods & Services on International level.

Moreover, there are already numerous services who provides us with BTC as payment mode. So whatever you saying is thoughtful and already happening and will keep growing.

panganib999

hero member

Activity: 1750

Merit: 589

Quote from: The_Dark_Knight on March 11, 2017, 10:19:04 PM

Quote from: KennyR on March 10, 2017, 07:37:03 PM

Quote from: mornabo on March 10, 2017, 07:12:15 PM

Quote from: Vikash kumar on February 15, 2017, 06:14:13 AM

off course the bitcoin is already become a international currency now because it is using by so many people of varrious countries .the performance of bit coin is also accepted by users so it become verry popular site now a days.

bitcoin is used by various people around the world from different countries and it proves that bitcoin worth anywhere and I think now we can say that bitcoin is an international currency

Bitcoin is the only currency that has got access everywhere nature, that means it's the one that can be converted to the local fiat without much difficulty. The same is not even possible with dollar. So without any question we can say bitcoin is an universal currency than a international currency.

You can have access to bitcoin if you have, electricity, internet and a computer, so no, you cannot get access to bitcoin everywhere, fiat on the other hand does not need any of that as long as it is in cash form, so there are many people that have no access to bitcoin.

I totally agree with that, Fiat is more convenient than bitcoin. Because bitcoin is a digital currency so you need a digital products specifically cellphone, And poor people don't have that. So I think it's beyond impossible for bitcoin became the international currency.

The_Dark_Knight

hero member

Activity: 840

Merit: 502

Quote from: KennyR on March 10, 2017, 07:37:03 PM

Quote from: mornabo on March 10, 2017, 07:12:15 PM

Quote from: Vikash kumar on February 15, 2017, 06:14:13 AM

off course the bitcoin is already become a international currency now because it is using by so many people of varrious countries .the performance of bit coin is also accepted by users so it become verry popular site now a days.

bitcoin is used by various people around the world from different countries and it proves that bitcoin worth anywhere and I think now we can say that bitcoin is an international currency

Bitcoin is the only currency that has got access everywhere nature, that means it's the one that can be converted to the local fiat without much difficulty. The same is not even possible with dollar. So without any question we can say bitcoin is an universal currency than a international currency.

You can have access to bitcoin if you have, electricity, internet and a computer, so no, you cannot get access to bitcoin everywhere, fiat on the other hand does not need any of that as long as it is in cash form, so there are many people that have no access to bitcoin.

mornabo

hero member

Activity: 1148

Merit: 504

Quote from: CoinFoxs on March 11, 2017, 12:38:15 PM

Quote from: mornabo on March 10, 2017, 07:12:15 PM

Quote from: Vikash kumar on February 15, 2017, 06:14:13 AM

off course the bitcoin is already become a international currency now because it is using by so many people of varrious countries .the performance of bit coin is also accepted by users so it become verry popular site now a days.

bitcoin is used by various people around the world from different countries and it proves that bitcoin worth anywhere and I think now we can say that bitcoin is an international currency

Bitcoin is used by people of different countries and also accepted in many countries but I think bitcoin should be accepted by the government of different countries to become international currency. That's what I think may be I am wrong.

I think it would be hard to do? see bitcoin decentralization and the government only wants to accept if the bitcoin can be fully controlled by the government in each country? whereas bitcoin can not do that?

batang_bitcoin

hero member

Activity: 3080

Merit: 603

Quote from: suredoood on March 11, 2017, 02:23:16 PM

Quote from: SquallLeonhart on May 12, 2016, 11:24:45 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.

Do you even know what you are saying? Do you know the meaning of majority???

Majority means more than 50% and I am willing to bet with you that wayyyy less than 50% of people across the globe use bitcoin. Bitcoin is not an international currency as it is not recognized as such my almost all sovereign states.

Sad to say but that's the reality that the total percentage of bitcoin users aren't even acrossing to 50%. I don't even think that we are already 10% in total. Though bitcoin is a good crypto currency and its popularity is increasing too fast. But it is good to be considered as international currency for all of us who are using it.

suredoood

member

Activity: 66

Merit: 10

Quote from: SquallLeonhart on May 12, 2016, 11:24:45 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.

Do you even know what you are saying? Do you know the meaning of majority???

Majority means more than 50% and I am willing to bet with you that wayyyy less than 50% of people across the globe use bitcoin. Bitcoin is not an international currency as it is not recognized as such my almost all sovereign states.

Harlot

hero member

Activity: 1806

Merit: 672

Quote from: CoinFoxs on March 11, 2017, 12:38:15 PM

Quote from: mornabo on March 10, 2017, 07:12:15 PM

Quote from: Vikash kumar on February 15, 2017, 06:14:13 AM

off course the bitcoin is already become a international currency now because it is using by so many people of varrious countries .the performance of bit coin is also accepted by users so it become verry popular site now a days.

bitcoin is used by various people around the world from different countries and it proves that bitcoin worth anywhere and I think now we can say that bitcoin is an international currency

Bitcoin is used by people of different countries and also accepted in many countries but I think bitcoin should be accepted by the government of different countries to become international currency. That's what I think may be I am wrong.

It is in fact that Bitcoin is being used by people from all over the world but it does not prove anything about being an international currency, it can't even be accepted by local businesses. I think of it as some kind of payment option in which if available will be use, think of it as some kind of credit card in which people use when purchasing something online.

CoinFoxs

copper member

Activity: 1815

Merit: 1004

PredX - AI-Powered Prediction Market

Quote from: mornabo on March 10, 2017, 07:12:15 PM

Quote from: Vikash kumar on February 15, 2017, 06:14:13 AM

off course the bitcoin is already become a international currency now because it is using by so many people of varrious countries .the performance of bit coin is also accepted by users so it become verry popular site now a days.

bitcoin is used by various people around the world from different countries and it proves that bitcoin worth anywhere and I think now we can say that bitcoin is an international currency

Bitcoin is used by people of different countries and also accepted in many countries but I think bitcoin should be accepted by the government of different countries to become international currency. That's what I think may be I am wrong.

Sanekavg13

sr. member

Activity: 285

Merit: 250

Quote from: The_Dark_Knight on March 10, 2017, 09:33:13 PM

Quote from: justdimin on March 10, 2017, 06:18:05 PM

Quote from: asidamani on February 22, 2017, 08:29:54 AM

Quote from: KuromaYoichi on February 16, 2017, 08:52:45 AM

It would be wonderful if bitcoin can be an international currency, you can go anywhere and pay goods and services with bitcoin. But it's hard to get every government to acknowledge bitcoin as they want full control over currency in their country. Don't worry OP, I like this thread.

I can buy some goods with bitcoin now.

Buying goods with bitcoins does not make it international currency. Making international currency requires all the countries to participate and allow bitcoins transactions.

But when I say that, its quite obvious that almost people from each part of the world use bitcoins even if that's not allowed bu their legal authorities. Who cares, as long as people love it bitcoins for me is an international asset rather than currency !

Yes, if you were to ask me the very same question some months back I would have said there was no doubt bitcoin is an international currency, but with the fees as high as they are now I’m not so sure anymore, so I hope this gets resolved soon.

It seems to me that there are interested people who do not want to solve the problem of long confirmation of transactions and increase of commission. To whom it is profitable. And it makes me very upset

The_Dark_Knight

hero member

Activity: 840

Merit: 502

Quote from: justdimin on March 10, 2017, 06:18:05 PM

Quote from: asidamani on February 22, 2017, 08:29:54 AM

Quote from: KuromaYoichi on February 16, 2017, 08:52:45 AM

It would be wonderful if bitcoin can be an international currency, you can go anywhere and pay goods and services with bitcoin. But it's hard to get every government to acknowledge bitcoin as they want full control over currency in their country. Don't worry OP, I like this thread.

I can buy some goods with bitcoin now.

Buying goods with bitcoins does not make it international currency. Making international currency requires all the countries to participate and allow bitcoins transactions.

But when I say that, its quite obvious that almost people from each part of the world use bitcoins even if that's not allowed bu their legal authorities. Who cares, as long as people love it bitcoins for me is an international asset rather than currency !

Yes, if you were to ask me the very same question some months back I would have said there was no doubt bitcoin is an international currency, but with the fees as high as they are now I’m not so sure anymore, so I hope this gets resolved soon.

KennyR

hero member

Activity: 2310

Merit: 532

Enterapp Pre-Sale Live - bit.ly/3UrMCWI

Quote from: mornabo on March 10, 2017, 07:12:15 PM

Quote from: Vikash kumar on February 15, 2017, 06:14:13 AM

off course the bitcoin is already become a international currency now because it is using by so many people of varrious countries .the performance of bit coin is also accepted by users so it become verry popular site now a days.

bitcoin is used by various people around the world from different countries and it proves that bitcoin worth anywhere and I think now we can say that bitcoin is an international currency

Bitcoin is the only currency that has got access everywhere nature, that means it's the one that can be converted to the local fiat without much difficulty. The same is not even possible with dollar. So without any question we can say bitcoin is an universal currency than a international currency.

mornabo

hero member

Activity: 1148

Merit: 504

Quote from: Vikash kumar on February 15, 2017, 06:14:13 AM

off course the bitcoin is already become a international currency now because it is using by so many people of varrious countries .the performance of bit coin is also accepted by users so it become verry popular site now a days.

bitcoin is used by various people around the world from different countries and it proves that bitcoin worth anywhere and I think now we can say that bitcoin is an international currency

justdimin

hero member

Activity: 3164

Merit: 675

www.Crypto.Games: Multiple coins, multiple games

Quote from: asidamani on February 22, 2017, 08:29:54 AM

Quote from: KuromaYoichi on February 16, 2017, 08:52:45 AM

It would be wonderful if bitcoin can be an international currency, you can go anywhere and pay goods and services with bitcoin. But it's hard to get every government to acknowledge bitcoin as they want full control over currency in their country. Don't worry OP, I like this thread.

I can buy some goods with bitcoin now.

Buying goods with bitcoins does not make it international currency. Making international currency requires all the countries to participate and allow bitcoins transactions.

But when I say that, its quite obvious that almost people from each part of the world use bitcoins even if that's not allowed bu their legal authorities. Who cares, as long as people love it bitcoins for me is an international asset rather than currency !

Topic: Bitcoin to be international currency - page 70. (Read 94986 times)