Topic: Bitcoin to be used as world currency? - page 7. (Read 1033 times)
That's very possible and if we value our privacy, we should help Bitcoin grow to that scale. Jack Dorsey just said that Bitcoin wi going to be the Native Currency of the Internet - you might love to have a look at this one https://www.bitcoinmarketinsider.com/bitcoin-will-become-the-webs-native-currency/
BTC will not be a lasting currency
but, there will be a new coin, which is a refinement of BTC and can be used publicly
we are waiting for the coin
but, there will be a new coin, which is a refinement of BTC and can be used publicly
we are waiting for the coin
At the moment I dont see it as the perfect alternative to the likes of VISA that are able to process a thousand transactions in a second
unlike bitcoin that process very few of them in the same time frame, unless the lightning network is integrated with btc..
this could give btc the ability to process more transactions and a chance to be used as a world currency.
That's possible and perhaps be a great opportunity for bitcoin holders. Bitcoin by then is more popular and useful. Other thing is that it will be advantageous because it is being known by the world. Being a worldwide currency means that bitcoin had gained what it needs and that's a great thing for bitcoin. unlike bitcoin that process very few of them in the same time frame, unless the lightning network is integrated with btc..
this could give btc the ability to process more transactions and a chance to be used as a world currency.
strongly agree the bitcoin can not be replaced by the currency of the plate, but if you look at a country state that now creates their own cryptocurrency like sweden they are the country that has launched the first government cryptocurrency. Thanks
There are possibilities that bitcoin can be used as the world currency. But I think not every part of the world has assess to the internet and for the part that has assess to the internet, not all of them are into the idea of digital currency. These limitations have a great impact on rather bitcoin can be used as a world currency.
Well, there are many bitcoin user countries nowadays and because of that, bitcoin is more accepted by some government too, and I think there are times that some countries who ignore and banned bitcoin will change their mind by using it then.
I think that conditionally bitcoin is already an international currency, but no one officially confirms this, and why is it needed? Is status so important?
Bitcoin to be used as internet currency we can expect the internet users all over the world use bitcoin then we can expect bitcoin price to skyrocket may happen soon
For a long time, now the political elite and the leaders of the Vatican have been looking for a world government and currency,
I do believe that bitcoin is a part of financial future and great way to become an investor, but I have doubts that it can possibly replace traditional money or become world currency.
What are the possibilities and stopovers??
I do believe that bitcoin is a part of financial future and great way to become an investor, but I have doubts that it can possibly replace traditional money or become world currency.
What are the possibilities and stopovers??
It can be, but not a standard one that would require all countries to use it as the "main" coin to be used in deals, payments, investments and the like. I think that it would be too hard for many countries who has established currencies to just give it up because it has proved its reliability, and also, it has a long history behind it that has made people put their trust on it just like the American Dollar. So, I more so foresee a time when currencies can interplay with cryptocurrencies much like the onset of the use of internet banking once the internet has been more far-reaching.
The are many possibilities for bitcoin to grow as an influential coin in the future. People are knowing about it and investing on it everyday. They're many investors who feel comfortable to work with Crypto currencies like bitcoin and the popularity of it is reaching the whole world. However, Government can be the main stopover for it because they consider bitcoin as a threat as they have no control over it.
If this speculation is true it will transform the Cryptocurrency world. Recently adoption of blockchain technology has gone viral due to the fact that there is profit in trading
i hope so
Well, I don't agree that bitcoin will used as world currency because not entire country has internet, 75% may not know bitcoin yet and 8% still accessing bitcoin. How about the people in the provinces that isolated area no internet and even gadget to use bitcoin? Bitcoin is too young to become as world currency and it's limited supply. We can do transactions with bitcoin but using as a primary currency, I don't agree yet.
At the moment I dont see it as the perfect alternative to the likes of VISA that are able to process a thousand transactions in a second
unlike bitcoin that process very few of them in the same time frame, unless the lightning network is integrated with btc..
this could give btc the ability to process more transactions and a chance to be used as a world currency.
unlike bitcoin that process very few of them in the same time frame, unless the lightning network is integrated with btc..
this could give btc the ability to process more transactions and a chance to be used as a world currency.
For a long time, now the political elite and the leaders of the Vatican have been looking for a world government and currency,
I do believe that bitcoin is a part of financial future and great way to become an investor, but I have doubts that it can possibly replace traditional money or become world currency.
What are the possibilities and stopovers??
I do believe that bitcoin is a part of financial future and great way to become an investor, but I have doubts that it can possibly replace traditional money or become world currency.
What are the possibilities and stopovers??
if digital currencies such as bitcoins made for the world's currency and accepted for some method of payment of course it will greatly trigger a rise in bitcoin prices that make bitcoin very expensive because of factors of very high demand.
MAy be in the future when the price of bitcoins cross $ 50000 USD or $ 1 million dollar then there are chances for the whole to accept bitcoins as a one world currency. The word of bitcoins and block chain technology is spreading far and wide and new investors are getting on to the bitcoin network as people like and accept new invention and technology. Some Governments fear that the bitcoins and block chain technology could change the people's mind and as the Government does not have control over the bitcoin system the Government fear that they will loose their power when people get full freedom of their finances.
Yes, I believe that Bitcoin will soon get government approval all over the world because there are bittacen approval in many advanced countries such as Canada, Sweden.
The goverment would not make that possible since there are still lots of flaws when it comes to bitcoin. One is the anonymity that it gives. Although it is very useful to some because it enables us to escape from goverments watch along with the taxes but there are some people who use it in a wrong way and use it in illegal things instead. Second is the goverment. Changing into bitcoin as our world currency wouldn't be acceptable since the goverments of each country is independent and has their own decision and persuading them to use bitcoin would almost be impossible.
There are still more flaws that I could write but still I support bitcoin and would like to vote in that case but thinking it would happen is very impossible.
There are still more flaws that I could write but still I support bitcoin and would like to vote in that case but thinking it would happen is very impossible.
for now it can not, because there are still some countries, whose governments are banning bitcoin
For a long time, now the political elite and the leaders of the Vatican have been looking for a world government and currency,
I do believe that bitcoin is a part of financial future and great way to become an investor, but I have doubts that it can possibly replace traditional money or become world currency.
What are the possibilities and stopovers??
I do believe that bitcoin is a part of financial future and great way to become an investor, but I have doubts that it can possibly replace traditional money or become world currency.
What are the possibilities and stopovers??
There are still a lot of flaws and problems that bitcoin is still facing right now and I do think it would be still impossible for bitcoin to take over the world currency due to the volatility and the security online. There are still things that bitcoin can be improved but for now, it would be still impossible but right now Bitcoin is a great source of investment and can be a great alternate source of income especially if you are good in trading. There still many great things that bitcoin can do and we can use this advantage to earn more.
Jump to: