Bitcoin will control the world economy!!!!! is it true? - page 14.

Dod Ong

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Quote from: thomasonil on September 14, 2017, 03:08:20 PM

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 think if all the government and countries support the bitcoin, the bitcoin can control the world economy. But the governments are against here on bitcoin. They didn't know that the bitcoin can help our economy grow. Also it can help the people to live comfortable and have a prosperous life.

acsaocham22

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Bitcoin and Cryptocurrency will not be able to completely replace the traditional currency system, in the future I think Cryptocurrency and traditional currency will support each other.

Mariahenry86

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More precisely, Cryptocurrency will control the world economy in the future, I think this will certainly happen, as the old currency system is no longer efficient and performance cannot be equal to Cryptocurrency.

legenduim

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Quote from: Trela on April 07, 2018, 04:07:41 PM

Quote from: bitcoinisbest on March 10, 2018, 11:27:35 AM

Quote from: lodi123 on February 17, 2018, 11:24:35 PM

Quote from: thomasonil on September 14, 2017, 03:08:20 PM

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.

It will control soon maybe as long as the people have a knowledge and ideas about it how it will it work for them

Not sure if it can control the world economy because for that entire world has to accept the bitcoin which is not happening. So you can say a portion could be used for the payment in the world which if accepted in major countries would be possible else this would just a dream only for people.

First of all, Bitcoin can not control the world's economy is right. But I do not think the Bitcoin technology can not do that. Blockchain has enough ability and power to change the world's economy someday. At least, I believe blockchain will be use by many countries and large companies on the world. It will become the new solution to against hacking attack and keep safe for any information, system want to secure.

It cannot control the world economy. However, the whales that hold the majority of Bitcoins in their hands, can do it in a way. They can affect some events in the financial sphere.

stulloyd79

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I totally agree with you.......it's starting slowly and may take a few years but it will happen......it's inevitable

Trela

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Quote from: bitcoinisbest on March 10, 2018, 11:27:35 AM

Quote from: lodi123 on February 17, 2018, 11:24:35 PM

Quote from: thomasonil on September 14, 2017, 03:08:20 PM

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.

It will control soon maybe as long as the people have a knowledge and ideas about it how it will it work for them

Not sure if it can control the world economy because for that entire world has to accept the bitcoin which is not happening. So you can say a portion could be used for the payment in the world which if accepted in major countries would be possible else this would just a dream only for people.

First of all, Bitcoin can not control the world's economy is right. But I do not think the Bitcoin technology can not do that. Blockchain has enough ability and power to change the world's economy someday. At least, I believe blockchain will be use by many countries and large companies on the world. It will become the new solution to against hacking attack and keep safe for any information, system want to secure.

sevenbits

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If once bitcoin takes on the functions of the dollar as a universal means of exchange, then yes. The only difference is that for bitcoin is not a specific country that realizes its interests through control over financial institutions.

Zeque02

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Quote from: Izalcomax on February 22, 2018, 07:49:38 AM

Maybe, but it is not going to happen soon.. in my opinion GOLD and Petroleum still got what it takes to control worlds economics ( Right Now )
Digital currencies perhaps overcome those two to control the worlds economy since you can access it through your smartphone.. which almost every people in first and scond world have a smartphone. my point is EASY ACCESS

If we say control economy, it talks about people and acceptance of country. For me bitcoin will control world economy if all country accepted it. It will be use as payment such as bills through online transaction which is good because the process is easy and haslefree.

bitcoinisbest

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Quote from: lodi123 on February 17, 2018, 11:24:35 PM

Quote from: thomasonil on September 14, 2017, 03:08:20 PM

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.

It will control soon maybe as long as the people have a knowledge and ideas about it how it will it work for them

Not sure if it can control the world economy because for that entire world has to accept the bitcoin which is not happening. So you can say a portion could be used for the payment in the world which if accepted in major countries would be possible else this would just a dream only for people.

ASICHEAD

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Quote from: pelipurlara on February 22, 2018, 12:47:25 AM

Quote from: lemememe on December 26, 2017, 12:24:37 AM

They just brainwash you with the media only. Bitcoin do not have posibility to controlling the world economy.

I do not know how Bitcoin can control the world economy but it really does affect the world's economy, the super power state has a role to play in controlling the world economy, because their currencies are strong and they lend money to the underlying economies, follow the rules for their benefit, maybe that's one bitcoin can get stronger

Look at the nature of fiat - the current monetary system. The government just use paper to create money or virtual number through credit card to create this system under the management of the government. They use Gold as an escrow to set the value of fiat. The value of every currency depends on the amount of gold hold in state treasury.

Izalcomax

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Maybe, but it is not going to happen soon.. in my opinion GOLD and Petroleum still got what it takes to control worlds economics ( Right Now )
Digital currencies perhaps overcome those two to control the worlds economy since you can access it through your smartphone.. which almost every people in first and scond world have a smartphone. my point is EASY ACCESS

mi56374100

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I agree with you, because bitcoin can control the world economy.

Bitcoin will become an international currency, just like English in other languages.

pelipurlara

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Quote from: lemememe on December 26, 2017, 12:24:37 AM

They just brainwash you with the media only. Bitcoin do not have posibility to controlling the world economy.

I do not know how Bitcoin can control the world economy but it really does affect the world's economy, the super power state has a role to play in controlling the world economy, because their currencies are strong and they lend money to the underlying economies, follow the rules for their benefit, maybe that's one bitcoin can get stronger

traderethereum

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I don't know about this but it might happen if the fiat is crash and people don't believe again with fiat. bitcoin can control the world economy and maybe bitcoin will be used as one of new currency for all country although for now, there are many different arguments for bitcoin, I think in the future, all government will agree to use bitcoin as a new currency.

lodi123

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Quote from: thomasonil on September 14, 2017, 03:08:20 PM

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.

It will control soon maybe as long as the people have a knowledge and ideas about it how it will it work for them

The_Dark_Knight

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Quote from: thomasonil on September 14, 2017, 03:08:20 PM

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 is not a weapon, if it is, it is a very strange weapon to try to take control of the economy since no one has any control over bitcoin and what you can do with it, so who could design bitcoin and for what purpose? After all why give so much control to the end user over his money, this was going to backfire as it is happening right now and that is with only a small segment of the population using bitcoin, can you imagine what will happen when most people use bitcoin?

Sled

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Quote from: Firefox07 on February 17, 2018, 06:35:53 PM

Quote from: thomasonil on September 14, 2017, 03:08:20 PM

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.

Butcoin cannot control the world economy. Simply because not all countries are accepting bitcoin in their place. In fact, some countries banned bitcoin. So how can bitcoin control the world economy?

Even though bitcoin is accepted in all countries and a full legalized currency then it will not be enough for bitcoin to control the world's economy because it is a hard thing to expect in the cryptocurrencies to be able to control the world's economy especially bitcoin because it doesn't have any leader or owner that will lead the bitcoin to control the whole thing.

Firefox07

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Quote from: thomasonil on September 14, 2017, 03:08:20 PM

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 cannot control the world economy. Simply because not all countries are accepting bitcoin in their place. In fact, some countries banned bitcoin. So how can bitcoin control the world economy?

Trela

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The Decentralized TCP/IP Internet Protocol

Quote from: Sled on February 17, 2018, 09:22:54 AM

Quote from: Febriana98 on February 17, 2018, 09:17:10 AM

Quote from: thomasonil on September 14, 2017, 03:08:20 PM

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.

things like this are just a hoax and will never happen, there will be many people who disagree if Bitcoin replaces the currency of our respective country

I agree with you, we don't need a replacement for our fiat currencies in our respective country because they are working very well and i think that there is no reason for them to get replaced. The cryptocurrencies like bitcoin is serving as a tool for us to have something to use in order to grow our money and also improve our way of doing things like transferring money.

Currently, I just interesting the cryptocurrency technology instead of the value of cryptocurrency. For the growth of the world, we need to focus into the blockchain technology and other technology like Smart contract of Ethereum or the ability to transfer money quickly of Ripple and anonymously of Monero, etc.

compimprove

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No no. I don't think so. Unless the government can manage it and it is very unlikely.

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