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Topic: Bitcoin to be international currency - page 84. (Read 94986 times)

hero member
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October 19, 2016, 07:50:15 PM
I do believe bitcoin has achieved those status of internation currency already, countries and a big part of the population hasnt recognized it yet but we are able to send any ammount between countries soo its just a question of time till bitcoin be accepted and recognized.

It is already used as a international currency but as of now there are still flaws that needs to be furnished because there are still many countries that are not yet accepting bitcoins. But many are already using it as a gateway of transacting to anyone in the world. So it is good to be considered that bitcoin is already an international currency.
hero member
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October 19, 2016, 01:16:11 PM
I do believe bitcoin has achieved those status of internation currency already, countries and a big part of the population hasnt recognized it yet but we are able to send any ammount between countries soo its just a question of time till bitcoin be accepted and recognized.
hero member
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October 19, 2016, 12:59:26 PM
If this happens Bitcoin should be introduce worldwide and all countries should agree to it and I think it's impossible for now to accept and legalized bitcoin.
Yeah, i think so. That why i make thread like this. What do you think bro, if it would be international currency?
hero member
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October 19, 2016, 12:51:44 PM
If this happens Bitcoin should be introduce worldwide and all countries should agree to it and I think it's impossible for now to accept and legalized bitcoin.
legendary
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October 17, 2016, 09:33:07 AM
Well if you think about it, bitcoin  is international currency, even if most of bitcoins are mined in china, bitcoins are used and accepted in whole world, it is just that bitcoin is not very popular yet
sr. member
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October 17, 2016, 09:10:12 AM
Off courtse bitcoins are getting a international currency becuase lots of people dont know waht to do with the bitcoin and just want to store them i think there are world wide
people storing bitcoins for sure!
hero member
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October 17, 2016, 08:56:20 AM
To be? I think it already is if we wouldn't count the country where bitcoin is prohibited.
If you think like that, so can you explain to me what the meaning of international self
newbie
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October 17, 2016, 02:47:04 AM
To be? I think it already is if we wouldn't count the country where bitcoin is prohibited.
hero member
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October 16, 2016, 10:32:02 PM
Bitcoin has a high potential of becoming an international currency, to a limited number of people, that is. Why?

Because of the limited amount of supply (21mil coins). The higher the number of people using bitcoins, the less the average of bitcoins are held per holder. To put it simply, more holders = less bitcoins for everyone because 21 million cap is divided to an unspecified but increasing number of people.


Out of all of the comments this is the one I find the most true. We're stuck with the cap and the problem is there are already so many lost coins. It's also completely digital and easily tracked so lots of people won't use it because of that.
That's what makes investors happy when lot of coins are lost in circulation because due to the limited supply and the high demand there is a big possibility that the price will skyrocket in the future, we should be more futuristic if we are an investor and I see a bright future ahead for investors.
hero member
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October 16, 2016, 10:24:45 PM
Even now bitcoin is an international currency because almost every country has the access to bitcoin to certain extent or can be used by converting to the local currency form where other national currencies were not accepted.

That's what I think. Why talk about the distant future, if it has already happened. Bitcoin everywhere in every country
I don't think so guys. Because something can be international If all countries recognize legally, the use of such things and are willing to accept.

International as in online yes that is surely the goal of bitcoin. But competing with the other large currencies like the US dollar or the EURO maybe something that will never happen. I really hope it, but getting the no 1 internet currency seems to be the main goal at the moment.
But if bitcoin become an international currency that means all countries should acknowledge, isn't it? Not only we are active in the Internet, isn't it?
So my conclusion may now still can not be called an international currency.
newbie
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October 16, 2016, 06:30:35 PM
Bitcoin has a high potential of becoming an international currency, to a limited number of people, that is. Why?

Because of the limited amount of supply (21mil coins). The higher the number of people using bitcoins, the less the average of bitcoins are held per holder. To put it simply, more holders = less bitcoins for everyone because 21 million cap is divided to an unspecified but increasing number of people.


Out of all of the comments this is the one I find the most true. We're stuck with the cap and the problem is there are already so many lost coins. It's also completely digital and easily tracked so lots of people won't use it because of that.
hero member
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October 16, 2016, 06:19:35 PM
If bitcoin will be international currency it will be nice since we can use it anywhere without exchanging it to fiat. It will be like a credit card or debit card that is accepted everywhere. If it will happen, Maybe there's some automatic qr code on stores that can be scanned to send bitcoin instantly to the store's bitcoin address that would also be nice.  Cheesy If that happens im sure they will provide free wifi too for easy bitcoin transactions.
LOL bitcoin is already international currency,whether it is already being legalized or not it doesn't matter but the thing is bitcoin already international because people world wide could use it freely and didn't strict to any counties except the countries themselves strict the use of bitcoin

Everything used on internet is international in the sense you are saying it, but the topic is about being physical, which means if bitcoin will be used physically in all over the world or not, and it would probably be after a few years when almost a half of the world will be using bitcoins and then we will probably have more places than now where bitcoin will be accepted.
You are right any thing when come to internet becomes international as every nation can have access to that thing and the same is with bitcoin as bitcoin is accessible to every nation of the world so we can say that bitcoin is an international currency.
hero member
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October 16, 2016, 06:02:49 PM
Even now bitcoin is an international currency because almost every country has the access to bitcoin to certain extent or can be used by converting to the local currency form where other national currencies were not accepted.
yeah I agree with you could see bitcoin users scattered in various countries around the world, and they all accept bitcoin, this might be interpreted as an international currency
legendary
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October 16, 2016, 04:41:15 PM
Even now bitcoin is an international currency because almost every country has the access to bitcoin to certain extent or can be used by converting to the local currency form where other national currencies were not accepted.

That's what I think. Why talk about the distant future, if it has already happened. Bitcoin everywhere in every country
I don't think so guys. Because something can be international If all countries recognize legally, the use of such things and are willing to accept.
i think it can be possible that bitcoin will be an international and i hope bitcoin will be recognize in the near future because bitcoin is very useful and bitcoin acceptable in all countries and bitcoin get more popularity.
I think bitcoin is already international that we can use right now world wide..  and i think every each country knows about bitcoin..
So this is an old question or he has other terms about international currency.. since we are using this bitcoin worldwide..
hero member
Activity: 896
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October 16, 2016, 03:55:49 PM
Even now bitcoin is an international currency because almost every country has the access to bitcoin to certain extent or can be used by converting to the local currency form where other national currencies were not accepted.

That's what I think. Why talk about the distant future, if it has already happened. Bitcoin everywhere in every country
I don't think so guys. Because something can be international If all countries recognize legally, the use of such things and are willing to accept.
i think it can be possible that bitcoin will be an international and i hope bitcoin will be recognize in the near future because bitcoin is very useful and bitcoin acceptable in all countries and bitcoin get more popularity.
sr. member
Activity: 420
Merit: 250
October 16, 2016, 01:08:55 PM
Even now bitcoin is an international currency because almost every country has the access to bitcoin to certain extent or can be used by converting to the local currency form where other national currencies were not accepted.

That's what I think. Why talk about the distant future, if it has already happened. Bitcoin everywhere in every country
I don't think so guys. Because something can be international If all countries recognize legally, the use of such things and are willing to accept.

International as in online yes that is surely the goal of bitcoin. But competing with the other large currencies like the US dollar or the EURO maybe something that will never happen. I really hope it, but getting the no 1 internet currency seems to be the main goal at the moment.
hero member
Activity: 2156
Merit: 605
Leading Crypto Sports Betting & Casino Platform
October 16, 2016, 12:39:45 PM
Even now bitcoin is an international currency because almost every country has the access to bitcoin to certain extent or can be used by converting to the local currency form where other national currencies were not accepted.

That's what I think. Why talk about the distant future, if it has already happened. Bitcoin everywhere in every country
I don't think so guys. Because something can be international If all countries recognize legally, the use of such things and are willing to accept.
sr. member
Activity: 280
Merit: 250
October 16, 2016, 12:01:27 PM
Even now bitcoin is an international currency because almost every country has the access to bitcoin to certain extent or can be used by converting to the local currency form where other national currencies were not accepted.

That's what I think. Why talk about the distant future, if it has already happened. Bitcoin everywhere in every country
sr. member
Activity: 280
Merit: 250
October 16, 2016, 12:00:52 PM
Even now bitcoin is an international currency because almost every country has the access to bitcoin to certain extent or can be used by converting to the local currency form where other national currencies were not accepted.

That's what I think. Why talk about the distant future, if it has already happened. Bitcoin everywhere in every country
legendary
Activity: 3234
Merit: 1214
Vave.com - Crypto Casino
October 16, 2016, 11:57:23 AM
Even now bitcoin is an international currency because almost every country has the access to bitcoin to certain extent or can be used by converting to the local currency form where other national currencies were not accepted.
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