Bitcoin to be international currency - page 76.

Positid

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Quote from: Xester on December 10, 2016, 12:00:25 AM

Quote from: FLoving on December 09, 2016, 03:48:41 PM

Quote from: nobody911 on December 08, 2016, 01:43:10 AM

Quote from: barbara44 on June 10, 2016, 01:20:38 PM

Quote from: Mr.grin on June 10, 2016, 09:03:52 AM

Quote from: rio3233 on June 10, 2016, 04:53:30 AM

I think bitcoin can be international currency someday. But for now i'm not sure bitcoin can be that. I mean, bitcoin still have many weakness and bitcoin must solve it.

I agree with you, this time bitcoin will not become an international currency, because there are few places where bitcoin was considered illegal because they can easily buy drugs. and the transactions are very difficult in the pan

Yes, in many countries bitcoin is considered as illegal as more then 70% of its transactions are done for some other activities as its famous in deep web, markets like silk road so, it will take years I think to become a international currency.

Agree with your point of view. In my country, bitcoin is not widely circulated, there are no shops, supermarkets, coffee shops can be paid in bitcoin, some people think bitcoin is a scam.If bitcoin want to become an international currency, probably also need decades of development.
Now it is a question of when and how fast it will become more widely spread or more mass adopted or more ubiquitous as well as being accepted as payment for more goods and services.

I think we have to call it as international currency because those people who have got knowledge about bitcoin are already accepting it in any part of the world and it is not restricted to any country of the world every person can adopt it without any limit and can use it like their own currency. So I think these are enough for bitcoin to be called as international currency.

Yes it's boundless feature has enabled bitcoin to become an international currency.

Another thing, bitcoin is boundless its because any person in the world who can access internet can access bitcoin.

And sure in 20 years time there will be a possibility that bitcoin will not only be a international currency but also the official legal tender when the world turns into a cashless society. It is clear now that the countries whose banks are about to fall, their citizens are purchasing bitcoins.

Determining the possibility of becoming the international currency is not only base on it's system that is very impressive but more like the support of the people and will only happen if the government will help us promote bitcoin, so far that's no happening now so I cannot be confident to see that happening in the future.

Xester

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Quote from: FLoving on December 09, 2016, 03:48:41 PM

Quote from: nobody911 on December 08, 2016, 01:43:10 AM

Quote from: barbara44 on June 10, 2016, 01:20:38 PM

Quote from: Mr.grin on June 10, 2016, 09:03:52 AM

Quote from: rio3233 on June 10, 2016, 04:53:30 AM

I think bitcoin can be international currency someday. But for now i'm not sure bitcoin can be that. I mean, bitcoin still have many weakness and bitcoin must solve it.

I agree with you, this time bitcoin will not become an international currency, because there are few places where bitcoin was considered illegal because they can easily buy drugs. and the transactions are very difficult in the pan

Yes, in many countries bitcoin is considered as illegal as more then 70% of its transactions are done for some other activities as its famous in deep web, markets like silk road so, it will take years I think to become a international currency.

Agree with your point of view. In my country, bitcoin is not widely circulated, there are no shops, supermarkets, coffee shops can be paid in bitcoin, some people think bitcoin is a scam.If bitcoin want to become an international currency, probably also need decades of development.
Now it is a question of when and how fast it will become more widely spread or more mass adopted or more ubiquitous as well as being accepted as payment for more goods and services.

I think we have to call it as international currency because those people who have got knowledge about bitcoin are already accepting it in any part of the world and it is not restricted to any country of the world every person can adopt it without any limit and can use it like their own currency. So I think these are enough for bitcoin to be called as international currency.

Yes it's boundless feature has enabled bitcoin to become an international currency.

Another thing, bitcoin is boundless its because any person in the world who can access internet can access bitcoin.

And sure in 20 years time there will be a possibility that bitcoin will not only be a international currency but also the official legal tender when the world turns into a cashless society. It is clear now that the countries whose banks are about to fall, their citizens are purchasing bitcoins.

equator

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Quote from: FLoving on December 09, 2016, 03:48:41 PM

Quote from: nobody911 on December 08, 2016, 01:43:10 AM

Quote from: barbara44 on June 10, 2016, 01:20:38 PM

Quote from: Mr.grin on June 10, 2016, 09:03:52 AM

Quote from: rio3233 on June 10, 2016, 04:53:30 AM

I think bitcoin can be international currency someday. But for now i'm not sure bitcoin can be that. I mean, bitcoin still have many weakness and bitcoin must solve it.

I agree with you, this time bitcoin will not become an international currency, because there are few places where bitcoin was considered illegal because they can easily buy drugs. and the transactions are very difficult in the pan

Yes, in many countries bitcoin is considered as illegal as more then 70% of its transactions are done for some other activities as its famous in deep web, markets like silk road so, it will take years I think to become a international currency.

Agree with your point of view. In my country, bitcoin is not widely circulated, there are no shops, supermarkets, coffee shops can be paid in bitcoin, some people think bitcoin is a scam.If bitcoin want to become an international currency, probably also need decades of development.
Now it is a question of when and how fast it will become more widely spread or more mass adopted or more ubiquitous as well as being accepted as payment for more goods and services.

I think we have to call it as international currency because those people who have got knowledge about bitcoin are already accepting it in any part of the world and it is not restricted to any country of the world every person can adopt it without any limit and can use it like their own currency. So I think these are enough for bitcoin to be called as international currency.

I totally agree with you that bitcoin itself got recognized as international currency because it is now trading in whole world and it is dealing in all fiat currency. Apart from that it is also a good investment option better and safer then gold silver and stocks.

FLoving

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Quote from: nobody911 on December 08, 2016, 01:43:10 AM

Quote from: barbara44 on June 10, 2016, 01:20:38 PM

Quote from: Mr.grin on June 10, 2016, 09:03:52 AM

Quote from: rio3233 on June 10, 2016, 04:53:30 AM

I think bitcoin can be international currency someday. But for now i'm not sure bitcoin can be that. I mean, bitcoin still have many weakness and bitcoin must solve it.

I agree with you, this time bitcoin will not become an international currency, because there are few places where bitcoin was considered illegal because they can easily buy drugs. and the transactions are very difficult in the pan

Yes, in many countries bitcoin is considered as illegal as more then 70% of its transactions are done for some other activities as its famous in deep web, markets like silk road so, it will take years I think to become a international currency.

Agree with your point of view. In my country, bitcoin is not widely circulated, there are no shops, supermarkets, coffee shops can be paid in bitcoin, some people think bitcoin is a scam.If bitcoin want to become an international currency, probably also need decades of development.
Now it is a question of when and how fast it will become more widely spread or more mass adopted or more ubiquitous as well as being accepted as payment for more goods and services.

I think we have to call it as international currency because those people who have got knowledge about bitcoin are already accepting it in any part of the world and it is not restricted to any country of the world every person can adopt it without any limit and can use it like their own currency. So I think these are enough for bitcoin to be called as international currency.

geopolisch

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Quote from: Supercrypt on December 08, 2016, 02:52:57 AM

Quote from: Przemax on December 08, 2016, 01:45:21 AM

sadly its value is viewed thru the value of a dollar. But hey, the dollar is international currency to a large extend.

If you agree bitcoin is an international currency then there will not be any practical misinterpretation in viewing its value through dollars or euros as they are serving medium of exchange across many countries. Bitcoin just needs one comparison to value it and it could be anything, even gold also will be good but again gold will be valued in dollars only.

In my understanding there will be nothing wrong to view the value of bitcoin in dollars and definitely will not affect by any means to become an international currency. Valuing bitcoin is not the aspect of being centralized.

Bitcoin will remain decentralised and will serve all the countries worldwide so surely it could become an international currency.

Betwrong

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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.

That's true. The only thing which is needed is the acceptance by the majority of people around the world. Unfortunately the business is slow in that regard, but that will change in the future for sure. Bitcoin is a very convenient thing to use as international currency IMO.

burner2014

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Quote from: rekinthis on August 14, 2016, 02:36:38 PM

Quote from: Akupuniard on July 25, 2016, 06:47:06 PM

Best way to see bitcoin hight and popular is wait, i think that bitcoin can become international currency but we need to force one country to accept it as legal Grin

i think you are right, sooner or later the adoption is going to happen, and it will make us all some good money if we are patient enough

I think and I am agree with the idea that there would have an international currency and that is bitcoin. That would be a great news to bitcoin users.

stark101

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Quote from: serjent05 on December 07, 2016, 01:38:50 PM

Quote from: Daneric on November 04, 2016, 02:30:04 AM

Bitcoin can be regarded as an international currency based on its coverage. I believe it is used globally even though it is not recognized by the authorities. My own country declared it illegal a few months ago. But they have now realized that it is gaining popularity and therefore they announced that they are planning to put up regulations on its use. Once this is done, I think it will be one of the few countries that will recognize bitcoin and accept it as legal tender

I agree that bitcoin had been performing as an international currency. The fact that anyone can use bitcoin as long as there is a bitcoin accepting merchant, or a third party processor of bitcoin is present in a country.
Well your government is wise enough to plan to take advantage of bitcoin opportunities. there is no doubt once your government established a fair regulation for bitcoin users, your country will be one of those that have a booming bitcoin economy.

Yes exactly. Because of this, it would be more possible that the price will increase 2 times high unlike this year.It would be more progressive and become popular in many countries. All people will use bitcoin in performing many ways, like making some transactions, sending and receiving bitcoins, the benefits we can get from it and also the true value of it.

StarofBTC

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Quote from: Supercrypt on December 08, 2016, 02:52:57 AM

Quote from: Przemax on December 08, 2016, 01:45:21 AM

sadly its value is viewed thru the value of a dollar. But hey, the dollar is international currency to a large extend.

If you agree bitcoin is an international currency then there will not be any practical misinterpretation in viewing its value through dollars or euros as they are serving medium of exchange across many countries. Bitcoin just needs one comparison to value it and it could be anything, even gold also will be good but again gold will be valued in dollars only.

I do not understand what will be the complications in valuing bitcoin in dollars or in any other fiats.
I guess this property will not stop bitcoin to become as an international medium of exchange. At the same time valuing bitcoin by another international medium of exchange will never support bitcoin to become an international currency. Fortunately bitcoin has all the potential to become so.

Zisove28

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Quote from: crwth on December 08, 2016, 01:10:51 PM

It's already a currency, cryptocurrency. From what I understand, Bitcoin is already being applied in the whole world, not everywhere but it is known to people that have knowledge of it. Bitcoin is a decentralized money, so there's no point of telling that it needs to go international, it just says that it doesn't belong to one place. When you say global, it means the majority of it are staying in an area, let's say some country. And you are planning to go to other countries; then that is it. That's international.

Bitcoin is not in one place; no one controls it. No one owns it.

you are right, Bitcoin is already an international currency. It is used in each country and many people.

crwth

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It's already a currency, cryptocurrency. From what I understand, Bitcoin is already being applied in the whole world, not everywhere but it is known to people that have knowledge of it. Bitcoin is a decentralized money, so there's no point of telling that it needs to go international, it just says that it doesn't belong to one place. When you say global, it means the majority of it are staying in an area, let's say some country. And you are planning to go to other countries; then that is it. That's international.

Bitcoin is not in one place; no one controls it. No one owns it.

wxa7115

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Bitcoin is GOD

Quote from: OrangeII on December 08, 2016, 12:34:27 AM

Quote from: Noctis Connor on December 07, 2016, 10:29:24 PM

if this happen buying things and receiving money is so easy because we can send money with out any fee in bitcoin that's what i love about it and bitcoin beginning to be highest currency in all currency thats why bitcoin is so powerful and im still supporting it and encouraging all my friends to invest in bitcoin so they can help us to achieved what we're want to happen in bitcoin

Well, as it happens, so many things will change. possible before it happens, those who hate bitcoin will oppose it. Well, maybe if bitcoin become an international currency, the transaction will be more practical, but to make it accomplished, I guess it will not be easy

When something new and revolutionary appear there is always going to be opposition, that is just the way it its but if the product or service is useful then no matter the opposition it will continue to grow, look at Uber there is opposition of taxis everywhere but it keeps growing.

zcashcoins

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bitcoin is already an international currency because a lot of people use it to transfer money from one countries to another

Harlot

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Quote from: rizkyhiw on December 08, 2016, 08:54:56 AM

Quote from: lol3c on December 08, 2016, 04:04:58 AM

Quote from: Noctis Connor on December 07, 2016, 10:29:24 PM

if this happen buying things and receiving money is so easy because we can send money with out any fee in bitcoin that's what i love about it and bitcoin beginning to be highest currency in all currency thats why bitcoin is so powerful and im still supporting it and encouraging all my friends to invest in bitcoin so they can help us to achieved what we're want to happen in bitcoin

yes I agree with you. The world will be better thanks to Bitcoin. We can send and receive Bitcoin in a blink of an eye. Moreover, we do not have to pay tax at all. And, of course, if it really happens, Bitcoin price will definitely skyrocket and BItcoiners can gain some profit from it. It is good to know that you always try to teach other people about Bitcoin.

with bitcoin has been transacted almost in every single country in this world
i guess bitcoin is already considered as international/global currency
we just need bigger user community
and wait for everyone to use/adopt bitcoin spread evenly.

Yes it could but think of the bad things it will bring along if they decided to make Bitcoin an international currency. Online scams will rise exponentially, hackers will do their best to steal money, the authority will have a hard time chasing bad people. I don't think our world is ready to go virtual we don't need a new kind of global currency for us to cooperate us one.

rizkyhiw

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Quote from: lol3c on December 08, 2016, 04:04:58 AM

Quote from: Noctis Connor on December 07, 2016, 10:29:24 PM

if this happen buying things and receiving money is so easy because we can send money with out any fee in bitcoin that's what i love about it and bitcoin beginning to be highest currency in all currency thats why bitcoin is so powerful and im still supporting it and encouraging all my friends to invest in bitcoin so they can help us to achieved what we're want to happen in bitcoin

yes I agree with you. The world will be better thanks to Bitcoin. We can send and receive Bitcoin in a blink of an eye. Moreover, we do not have to pay tax at all. And, of course, if it really happens, Bitcoin price will definitely skyrocket and BItcoiners can gain some profit from it. It is good to know that you always try to teach other people about Bitcoin.

with bitcoin has been transacted almost in every single country in this world
i guess bitcoin is already considered as international/global currency
we just need bigger user community
and wait for everyone to use/adopt bitcoin spread evenly.

jvc12

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i think bitcoin should accepted internationally because is just that some country sees it as illegal currency because it is digital currency but if it come to the notice of the international body that the money should accepted they will make it so and it will also reduce inflation economic system of every nation.

lol3c

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Quote from: Noctis Connor on December 07, 2016, 10:29:24 PM

if this happen buying things and receiving money is so easy because we can send money with out any fee in bitcoin that's what i love about it and bitcoin beginning to be highest currency in all currency thats why bitcoin is so powerful and im still supporting it and encouraging all my friends to invest in bitcoin so they can help us to achieved what we're want to happen in bitcoin

yes I agree with you. The world will be better thanks to Bitcoin. We can send and receive Bitcoin in a blink of an eye. Moreover, we do not have to pay tax at all. And, of course, if it really happens, Bitcoin price will definitely skyrocket and BItcoiners can gain some profit from it. It is good to know that you always try to teach other people about Bitcoin.

Supercrypt

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Quote from: Przemax on December 08, 2016, 01:45:21 AM

sadly its value is viewed thru the value of a dollar. But hey, the dollar is international currency to a large extend.

If you agree bitcoin is an international currency then there will not be any practical misinterpretation in viewing its value through dollars or euros as they are serving medium of exchange across many countries. Bitcoin just needs one comparison to value it and it could be anything, even gold also will be good but again gold will be valued in dollars only.

Przemax

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It is already an international currency. You can interchange this currency to other currency. You can buy things over the internet and such. Bitcoin is not backed by any central bank. But sadly its value is viewed thru the value of a dollar. But hey, the dollar is international currency to a large extend.

nobody911

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Quote from: barbara44 on June 10, 2016, 01:20:38 PM

Quote from: Mr.grin on June 10, 2016, 09:03:52 AM

Quote from: rio3233 on June 10, 2016, 04:53:30 AM

I think bitcoin can be international currency someday. But for now i'm not sure bitcoin can be that. I mean, bitcoin still have many weakness and bitcoin must solve it.

I agree with you, this time bitcoin will not become an international currency, because there are few places where bitcoin was considered illegal because they can easily buy drugs. and the transactions are very difficult in the pan

Yes, in many countries bitcoin is considered as illegal as more then 70% of its transactions are done for some other activities as its famous in deep web, markets like silk road so, it will take years I think to become a international currency.

Agree with your point of view. In my country, bitcoin is not widely circulated, there are no shops, supermarkets, coffee shops can be paid in bitcoin, some people think bitcoin is a scam.If bitcoin want to become an international currency, probably also need decades of development.
Now it is a question of when and how fast it will become more widely spread or more mass adopted or more ubiquitous as well as being accepted as payment for more goods and services.

Topic: Bitcoin to be international currency - page 76. (Read 94986 times)