Bitcoin to be international currency - page 80.

naidray

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Quote from: Positid on October 28, 2016, 03:00:48 AM

Quote from: Financial_Genius on October 27, 2016, 03:08:53 PM

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?

Despite the negative planted, the future of Bitcoin is, and doubt it as pointless, as it was in vain to disagree with the creation of the world wide web. At the very beginning of its birth were also failures, failures and miscalculations. Like many complex information technologies, Bitcoin is now experiencing a problematic period that is too early to call the formation. But to deny that he has a future, it is a clear mistake.

Bitcoin can be an international currency with a limited users and that is our current standing for now, that is due to the fact that bitcoin is only used for online activities and there are no major merchants that directly accept bitcoin to achieve massive adoption of the online shoppers.

They are the biggest volume of people who can transact online, we have to aim for that moment of time.

Not only online merchants are using bitcoin but I have saw some people using bitcoin in their offline uses.
There are some exchanges in my area they are exchanging bitcoins for people who need fiat for offline use and some friends also accept bitcoin in offline world with each other.

darewaller

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Quote from: ImnotOctopus on October 28, 2016, 08:25:07 AM

It is intermational currency since the begining, we can use it anywhere on the globe to buy something that accepts bitcoin as payment. Its making progress everyday.

Yes, from the start bitcoin is owned by none of the country and it is widely used all over the world by every user of the world and now it is going to be a global currency of the world as internationally everyone has accepted it happily.

BitcoinMarshal

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Quote from: eternalgloom on October 28, 2016, 12:42:03 PM

Quote from: ged00u on October 28, 2016, 12:28:52 PM

Quote from: ImnotOctopus on October 28, 2016, 08:25:07 AM

It is intermational currency since the begining, we can use it anywhere on the globe to buy something that accepts bitcoin as payment. Its making progress everyday.

However, most of the government in the world does not accept bitcoin as a currency. Bitcoin is not well-known due to the prevention of some countries as well as some organizations. Of course you can use Bitcoin worldwide, but actually bitcoin is rarely used in the physical world

Compared to other curriences and forms of payments, Bitcoin is even barely used in the online world too.
Daily volume of transactions is just so low compared to CC's

Yes you are right its need some more time and stability to become international currency currently we can say its good but its not as its need

ikydesu

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Quote from: eternalgloom on October 28, 2016, 12:42:03 PM

Quote from: ged00u on October 28, 2016, 12:28:52 PM

Quote from: ImnotOctopus on October 28, 2016, 08:25:07 AM

It is intermational currency since the begining, we can use it anywhere on the globe to buy something that accepts bitcoin as payment. Its making progress everyday.

However, most of the government in the world does not accept bitcoin as a currency. Bitcoin is not well-known due to the prevention of some countries as well as some organizations. Of course you can use Bitcoin worldwide, but actually bitcoin is rarely used in the physical world

Compared to other curriences and forms of payments, Bitcoin is even barely used in the online world too.
Daily volume of transactions is just so low compared to CC's

That's right, because i think bitcoin just an alternative payment processor, just because the system is different than other payment processor, it's not makes become popular than predecessor.
And what makes people still doubt to use is the volatile, and the security system is troubled if you not really understand it.

saenko

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Quote from: bitcoinisbest on October 28, 2016, 02:14:45 PM

I think it is widely used across countries and not just limited to some specific location. Though there are advantages and disadvantages of this. If government decides to make the best use of digital world using the blockchain technology then certainly bitcoin could act as one of the payment option in coming time even in brick and motar stores.

Yes Bitcoin used in many countries. But he does not perform all the functions of a centralized exchange. And he was not officially allowed everywhere

bitcoinisbest

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I think it is widely used across countries and not just limited to some specific location. Though there are advantages and disadvantages of this. If government decides to make the best use of digital world using the blockchain technology then certainly bitcoin could act as one of the payment option in coming time even in brick and motar stores.

Shady

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My favorite thing about Bitcoin is that it can be used without exchange fees across any country without fear.

BTC can be considered an international currency to those who circulate it... In no way is it as simple as standard rate, but with the use of Debit Cards or BTM there would be a tremendous amount of function alike.

Kabul

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Quote from: planfox on October 27, 2016, 06:52:48 AM

Quote from: ekoice on October 27, 2016, 06:22:14 AM

Bitcoin is an international currency now itself.Large companies have started accepting Bitcoins as payment. The only drawback is confirmation time is too long. For Bitcoin to be used internationally, It has to be solved.

It's true, Bitcoin has long been international. For him, there are no borders. Just use it not all people and countries

I agree with you. Bitcoin is now being used for many purposes both online and in the physical world. However, it still needs a long time to be well-known and popular to all humanity. Let's think about the future when all people on this planet use only one currency: Bitcoin

ged00u

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Quote from: eternalgloom on October 28, 2016, 12:42:03 PM

Quote from: ged00u on October 28, 2016, 12:28:52 PM

Quote from: ImnotOctopus on October 28, 2016, 08:25:07 AM

It is intermational currency since the begining, we can use it anywhere on the globe to buy something that accepts bitcoin as payment. Its making progress everyday.

However, most of the government in the world does not accept bitcoin as a currency. Bitcoin is not well-known due to the prevention of some countries as well as some organizations. Of course you can use Bitcoin worldwide, but actually bitcoin is rarely used in the physical world

Compared to other curriences and forms of payments, Bitcoin is even barely used in the online world too.
Daily volume of transactions is just so low compared to CC's

I find that more and more people are willing to use bitcoin to pay for online service. Steam, playerautions have developed bitcoin payment system for their players to use bitcoin here. And most of the people from Thebot.net forum are using bitcoin for many activities such as buying, selling goods,etc.

eternalgloom

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Quote from: ged00u on October 28, 2016, 12:28:52 PM

Quote from: ImnotOctopus on October 28, 2016, 08:25:07 AM

It is intermational currency since the begining, we can use it anywhere on the globe to buy something that accepts bitcoin as payment. Its making progress everyday.

However, most of the government in the world does not accept bitcoin as a currency. Bitcoin is not well-known due to the prevention of some countries as well as some organizations. Of course you can use Bitcoin worldwide, but actually bitcoin is rarely used in the physical world

Compared to other curriences and forms of payments, Bitcoin is even barely used in the online world too.
Daily volume of transactions is just so low compared to CC's

ged00u

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Quote from: ImnotOctopus on October 28, 2016, 08:25:07 AM

It is intermational currency since the begining, we can use it anywhere on the globe to buy something that accepts bitcoin as payment. Its making progress everyday.

However, most of the government in the world does not accept bitcoin as a currency. Bitcoin is not well-known due to the prevention of some countries as well as some organizations. Of course you can use Bitcoin worldwide, but actually bitcoin is rarely used in the physical world

kryptqnick

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If Bitcoin was an international currency it would become a lot easier to use it, of course. However, many of us think it is not really possible, because there can be only 21 mil of them and transactions are too slow if we think about paying in shops, when there is a queue. And I think that if bitcoin becomes international then some new taxes from different states are coming. And the loss of anonymity as well.

error08

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Quote from: goldcoinminer on July 03, 2016, 11:11:37 PM

Quote from: groll on July 03, 2016, 10:53:14 PM

Quote from: bitdumper on May 12, 2016, 12:21:13 PM

Answers are :
1) It is an international currency
2) I use it many places without exchanging ( bought vps, done recharge, bought gift cards)
3) im confused about this question
4) i liked this thread:)

This is the most organized answer on this thread. I would like just to add on the usage as international currency. It is already an international currency since it is not bounded by political boundaries. Maybe the question should be changed as Bitcoin as International Legal Tender or bitcoin as the only currency. I guess thats what the author would like to imply at his post.

And the best thing with bitcoins is being decentralized and there is no much requirements to operate it, if you have an internet then you are good to go, the only choice you can make is either you will be an investors or a spenders online for buy and sell of products and services.

The way bitcoin to be able accepted all over the world could be matter for us as it is already become international currency.
Some countries already have rapid progress in support bitcoin including stores and bitcoin ATM. When these rapid progress spread out over the states would be better for bitcoin

STT

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People are bigger then companies, any good business understands and reflects their customers demands for convenience. Bitcoin I've always argued should be as easy to use as possible, if you do this and you allowing very low cost 10 minute purchases in every country of the world then the product sells itself. People will lead this move because we all want to be part of global trade, everyone likes their special foreign item that is rare otherwise in their community and they are willing to make efforts to get it. Or it can just be that many products are cheaper when sourced across the world, we are all aware of that ongoing trend for labour use everywhere not just cities of rich countries, not even just cities.
To me this is great because I dont want to sit in a queue of cars, I want the world to transmit its value to those sitting in the country and we dont need to burn fuel going to work but the work and money can be transmitted. I'll tell you the bottom line always for capitalism, its efficiency always this is the answer in every question of an economy and if the product serves this it will happen. By all measures bitcoin will be international currency, only a better product but still probably similar could surpass that

mastica

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Quote from: ImnotOctopus on October 28, 2016, 08:25:07 AM

It is intermational currency since the begining, we can use it anywhere on the globe to buy something that accepts bitcoin as payment. Its making progress everyday.

Sure bitcoin has achieve those on the day more then one person from different countries has made a transaction between, but bitcoin isnt recognized as currencie from the countries, even when some big companies does accept already bitcoin, but lets give them time to follow and join crypto world.

ImnotOctopus

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It is intermational currency since the begining, we can use it anywhere on the globe to buy something that accepts bitcoin as payment. Its making progress everyday.

J Gambler

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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?

It can be international currency buy some of good country don't want bitcoin to become part of there economy i don't understand why and if they really want to earn bitcoin you can see bitcoin everywhere. And if bitcoin will be converting into fiat its really good if bitcoin use as transaction i think we need at least bitcoin card to use as physical.

anavuajna

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Quote from: Positid on October 28, 2016, 03:00:48 AM

Quote from: Financial_Genius on October 27, 2016, 03:08:53 PM

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?

Despite the negative planted, the future of Bitcoin is, and doubt it as pointless, as it was in vain to disagree with the creation of the world wide web. At the very beginning of its birth were also failures, failures and miscalculations. Like many complex information technologies, Bitcoin is now experiencing a problematic period that is too early to call the formation. But to deny that he has a future, it is a clear mistake.

Bitcoin can be an international currency with a limited users and that is our current standing for now, that is due to the fact that bitcoin is only used for online activities and there are no major merchants that directly accept bitcoin to achieve massive adoption of the online shoppers.

They are the biggest volume of people who can transact online, we have to aim for that moment of time.

It seems to me that now Bitcoin is not only used for online purchases. Over time, it will perform some of the functions of the national currencies. He will become a global currency

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Quote from: Financial_Genius on October 27, 2016, 03:08:53 PM

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?

Despite the negative planted, the future of Bitcoin is, and doubt it as pointless, as it was in vain to disagree with the creation of the world wide web. At the very beginning of its birth were also failures, failures and miscalculations. Like many complex information technologies, Bitcoin is now experiencing a problematic period that is too early to call the formation. But to deny that he has a future, it is a clear mistake.

Bitcoin can be an international currency with a limited users and that is our current standing for now, that is due to the fact that bitcoin is only used for online activities and there are no major merchants that directly accept bitcoin to achieve massive adoption of the online shoppers.

They are the biggest volume of people who can transact online, we have to aim for that moment of time.

Financial_Genius

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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?

Despite the negative planted, the future of Bitcoin is, and doubt it as pointless, as it was in vain to disagree with the creation of the world wide web. At the very beginning of its birth were also failures, failures and miscalculations. Like many complex information technologies, Bitcoin is now experiencing a problematic period that is too early to call the formation. But to deny that he has a future, it is a clear mistake.

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