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Topic: Bitcoin will control the world economy!!!!! is it true? - page 11. (Read 8924 times)

member
Activity: 294
Merit: 10
JOIN THE NEXT MEGATREND IN CRYPTO!
Some media shows that bitcoin can be the next weapon to control the world economy. i think it is true and it will be seen soon. 
World economy is still under strong control of the governments, so I don't think bitcoin will ever be allowed to take the place of a leading currency. Governments will find ways to regulate crypto in such a way that it does not interfere with the use of main world's currencies (USD, euro, yen).
member
Activity: 340
Merit: 10
bitcoin will control the world economy when bitcoin is officially recognized by governments as legal currency, replacing fiat and bitcoin into the common currency of the world. I think bitcoin will be in control. But the government will never let that happen.
newbie
Activity: 32
Merit: 0
It is not true because it is only money specifically digital currency/money it means money.

Maybe it depends on the situation that may encounter in our generation. But in reality bitcoin can not change or control the events that encounter in economy because leader in each country can manipulate or can strongly control them. And leader can develop.

But, in the different side maybe can change in different ways, like in money transaction that can not pay the fee, and many more.
newbie
Activity: 144
Merit: 0
It will not happen unless banks and goverments would fully open their doors to bitcoin and alts economy. But i believe Cryptocurrencies will have its own time to flourish.

Yeah, it will have time but not now and not in the coming years. Let's see if bitcoin can control the world economy in the next more years and if bitcoin will be accepted worldwide.
full member
Activity: 560
Merit: 101
It will not happen unless banks and goverments would fully open their doors to bitcoin and alts economy. But i believe Cryptocurrencies will have its own time to flourish.
sr. member
Activity: 462
Merit: 250
bvo.trybravo.com
Some media shows that bitcoin can be the next weapon to control the world economy. i think it is true and it will be seen soon. 
Bitcoin could become the locomotive of the world's economy, but not now and not even in 5 years. There is still great resistance from the side of governments and banking institution, so it will take a lot of time for btc to overcome all the obstacles.
member
Activity: 350
Merit: 14
why are you so sure of this? I am a little hesitant.
world financial experts have agreed, if bitcoin will never dominate fiat currencies.
I think it will, despite of bitcoins todays condition, it  will controll the world economy in the future. Because bitcoin is already accepted by some large companies and already legal to many countries and bitcoin continues to grow day by day so that its possible to happen
member
Activity: 714
Merit: 11
BountyMarketCap
How to? I don't think so. when bitcoin will become a global currency? It will not happen. because all countries will certainly not approve it, because a stronger country wants a higher fiat exchange rate. and if bitcoin takes over the position, the exchange rates in all countries will be the same. so, that won't happen.
newbie
Activity: 140
Merit: 0
Bitcoin will not control the world economy, but bitcoin will be part of the world economy, because bitcoin deals with financial activities , and bitcoin is in the other part of the economy for  it is circulating in the digital world and on the internet.
member
Activity: 255
Merit: 10
Some media shows that bitcoin can be the next weapon to control the world economy. i think it is true and it will be seen soon. 
I cannot imagine how the thing which is not controlled by anyone I'm in decentralised can control something else which is centralised, this concept is not fitting in my mind for now...
full member
Activity: 658
Merit: 102
It will be impossible for the bitcoin to control the world economy unless it is globally adopted and legalized by all governments and became the only currency to be use worldwide. Bitcoin could become the no.1 global online currency in cashless transactions competing with the digitalized currency of every country so it can't successfully control the world economies.
member
Activity: 420
Merit: 18
bitcoin is as of now got a prominent place in world financial market and it is growing once internet world take bitcoin as the main currency then we can expect bitcoin will rule the world economy
jr. member
Activity: 462
Merit: 1
Another big question is does bitcoin have the potential to control the world economy? if yes is the answer then what do you think will prevent bitcoin from controlling the world economy? nothing at all, yes bitcoin can control the world economy.
newbie
Activity: 33
Merit: 0
Some media shows that bitcoin can be the next weapon to control the world economy. i think it is true and it will be seen soon. 



How to control economies with a decentralized system? Who will control them?


People are on the drivers' seat and move the market. Nothing can control Bitcoin.
sr. member
Activity: 423
Merit: 250
I think that's a very loud statement. was it backed up by anything?
full member
Activity: 462
Merit: 100
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I don't think crypto currency could control the economy anytime soon. I mean to see fiat be second to crypto currency in the future but kaybe not in our lifetime. Fiat has been an institution for almost as early as economy itself. Crypto currency may rule but maybe it's decades in the making.
newbie
Activity: 152
Merit: 0
why are you so sure of this? I am a little hesitant.
world financial experts have agreed, if bitcoin will never dominate fiat currencies.
member
Activity: 224
Merit: 10
Of course in my opinion this is true bitcoin will control the world economy because bitcoin if legalized in all countries the people who used bitcoin can used it in terms of paying in any transactions and it will be replaced as a money for really needs.
The economy is constantly in turmoil and is likely to fall into crisis, but I think the cause is not bitcoin, you can see that the capitalization of the entire crypto market is only $ 200 billion and it's not enough. can affect the world economy. But I think that for the same reason that bitcoin will not be affected by the world economic crisis and will be able to increase sharply in crude oil prices.
newbie
Activity: 154
Merit: 0
Of course in my opinion this is true bitcoin will control the world economy because bitcoin if legalized in all countries the people who used bitcoin can used it in terms of paying in any transactions and it will be replaced as a money for really needs.
newbie
Activity: 58
Merit: 0
If it is accepted world wide then it is very sure that it will have more effect than gold and oil on the economy and many flips will occur if this is the case, crypto holders will become the bosses. This can only be dreamt of, I don't see it coming to reality.
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