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Topic: Bitcoin will control the world economy!!!!! is it true? - page 18. (Read 8909 times)

member
Activity: 296
Merit: 13
Bitcoin is an advance technology,  but I don't think that as of the moment it can control the wolds economy. There are many factors that affect our economy. Bitcoin is not yet legalize and is not yet use as a monetary system like here in my country.  It can be transferable and can use as a payment but not directly.   Unlike the US dollar which is the main currency accepted worldwide and we are all affected by the inflation and deflation of dollars,  which indeed manipulates a big part of our economy.
member
Activity: 154
Merit: 10
Bitcoin as a crypto currency is actually empowering investors who invested in Bitcoin  and the testimony of early investors have made a lot of people to embrace Bitcoin. Many countries have already embrace the world of crypto currency through Bitcoin and others countries left are yet to come to a decision of  doing same. when Bitcoin is accepted world wide and the government have accepted the use of bitcoin to trade, in on line transactions...etc, at that point bitcoin can control the world economy. But if it is not accepted  all over the world as a digital currency, it might not be able to control the world economy. 
full member
Activity: 1036
Merit: 109
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 all depends on how people will value bitcoin and the implementation of all establishments. The thing is because of what is happening now and bitcoin becoming more and more popular, the government might consider legalizing it, thus opening a way for them to cut and get the tax fpr any bitcoin related transactions, which affects the economy.
newbie
Activity: 14
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. 
I think that it is a very long shot!!!
full member
Activity: 420
Merit: 100
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 will control the world's finances? this is unimaginable to me, because if bitcoin can indeed control the world's finances then bitcoin will be a very expensive digital currency worth more than the price of gold and others.
legendary
Activity: 2912
Merit: 1068
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Bitcoin can't control world economy. It's not designed so and I think that was never the intention. This role will always belong to banks and Bitcoin can't change that.
But Bitcoin can be an alternative and can influence for some things in economy to change for the better, as well as all the other cryptocurrencies. But expecting for Bitcoin to control the economy is pure illusion.
member
Activity: 167
Merit: 59
No I wouldn't think so, it doesn't prop up banks or hold up any key industry in a nation state. If you look at how powerful the dollar is in being the full back currency within many international banks you will see that actual print money in our current ecosystem is still the biggest player. I would say however if more cryptos take over the sphere we may see China monopolise on this as they have very little economic checks when gov are making policies
member
Activity: 66
Merit: 11
On my mind Bitcoin isn't so stable to control world economy. In addition, it has strong enemy which name is government.
Indeed it is true. Bitcoin is a money and if you have a bitcoin then it means you have a money and all those people who are working with bitcoin they are supporting their family with bitcoin and also personally bitcoin has improve my economic situation very well.
full member
Activity: 462
Merit: 100
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 could be possible. Thinking of how bitcoin affected the economy of the United States back then, it is also possible for the world. The respective currencies of all countries will be greatly affected if there is no more progress since bitcoin will be the center of what people use and transactions globally, it would greatly affect the economy of the world.
sr. member
Activity: 1428
Merit: 252
Yes true, the presence of bitcoin is a very good thing for the world transaction system, but I'm not sure that the presence of bitcoin can control the world's economic system in the near future, it takes a long time.
hero member
Activity: 1190
Merit: 541
It will happen if the price of bitcoin keep increasing insane like this. Valuable things can easily control the economy. Look at golds, it's a clearly example.
Bitcoin is a money and it has changed life style of many people in the whole world including me. Before I have start working with bitcoin I have a lot of financial problem but after start working with bitcoin I become very stable finecially.
Bitcoin is no doubt changing the economic system of this world in a significant manner. The way bitcoin is making its name not only in the international market but also amongst the common people shows the interest of people towards bitcoin.

Bitcoin will for sure control the economy of this world soon. Most of us have already started using bitcoin instead of paper money while others will also start doing the same in coming days.
hero member
Activity: 2842
Merit: 772
It's too early to speculate. Bitcoin is still in its infancy and it's hard to tell if it can control the world economy. But there's a lot of conspiracy theory going around this premise though, so I wouldn't be surprise if bitcoin became the legal currency of most country. And just look at how China and Russia suddenly turn its back on bitcoin because they think that it will really disrupt their local currency and their economic growth.

It will happen if the price of bitcoin keep increasing insane like this. Valuable things can easily control the economy. Look at golds, it's a clearly example.
Bitcoin is a money and it has changed life style of many people in the whole world including me. Before I have start working with bitcoin I have a lot of financial problem but after start working with bitcoin I become very stable finecially.

Its really striking that bitcoin has now becoming a monetary asset and an investment rather than a P2P, used for doing transactions. So somewhat you have to think that it has the possibility to really became a monetary system that a lot of nations will adopt and can really control how people spend their money. But this is all conspiracy for now, not yet happening but possible in the future. Let's see how it goes.
full member
Activity: 350
Merit: 100
It will happen if the price of bitcoin keep increasing insane like this. Valuable things can easily control the economy. Look at golds, it's a clearly example.
Bitcoin is a money and it has changed life style of many people in the whole world including me. Before I have start working with bitcoin I have a lot of financial problem but after start working with bitcoin I become very stable finecially.
full member
Activity: 344
Merit: 105
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 for me Bitcoin is decentralized and look right now, there's a big company that says bitcoin is a fraud but later on joined bitcoin. Look on how China banned, trading platforms but still they are considering bitcoin. And I also think that there is a possibility that bitcoin will control the world economy with how bitcoin’s value rises rapidly. We don’t know for sure but if it happens bitcoin will have a big impact to the economy. But I'm not saying that bitcoin will control the world economy but it's up to the countries if they will let bitcoin control their economy, that's very simple for bitcoin if they will allow...
member
Activity: 225
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. 
yes bitcoin has become king and will control the world economy is not thought this can happen.
member
Activity: 200
Merit: 10
I think there is a possibility that bitcoin will control the world economy with how bitcoin’s value rises rapidly. We don’t know for sure but if it happens bitcoin will have a big impact to the economy.
member
Activity: 266
Merit: 10
Yes,  it can be seen soon. Bitcoin will control world economy in the way that it will be use in all transactions. Bitcoin will soon to be our money if it will happen all products are being paid using bitcoin. So, fiat money will vanish and bitcoin will takes place.
hero member
Activity: 1666
Merit: 629
I agree with you because Bitcoin will like a USD or other currencies. However, maybe it will be dangerous in future.
sr. member
Activity: 756
Merit: 256
HEX: Longer pays better
Bitcoin will soon become the most popular online currency if it has not already happened. But to be dependent in economy of the whole world for this it is necessary to introduce person identification with passport confirmation and only after that bitcoin can be recognized as legal throughout the world and then bitcoin company will be able to create its banks and build their way for conquering world.

There will need to be some sort of regulation at some point because this madness with ICCO scmas simply cannot continue if we expect crypcurrencies to grow and become the way the world spends money. I mean if you think about it maybe 10% of all crypto money currently is scams. That is way too much for my liking and it needs to stop at some point.
All things are happening so fast! Look at the price of Bitcoin, it has increased its value and created x16 for the history growth of Bitcoin in this year. Even other cryptocurrencies, the price of those coins have pumped to a price unexpected. ICO is just a part of this world, it has more shits than real projects.
full member
Activity: 1162
Merit: 168
I think that in some ways it affects the economy unconditionally and we, the common people, don't eliminate certain processes...but that obvious changes are visible - it is necessary that it be legalized, as they say in the previous comments

Bitcoin will be effecting economy in good way there is nothing that can boost economy more than bitcoin, bitcoin has already proved that richness comes to that person automatically, so this convention shows that bitcoin will also fascinate the economy of country which will accept it see the japan economy it is going up and up and this show the clear sign that bitcoin will in future plays a vital role to be economy booster.
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