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Topic: Bitcoin will control the world economy!!!!! is it true? - page 19. (Read 8909 times)

full member
Activity: 518
Merit: 103
Theoretically it is true, there is anhuge possibilty that bitcoin will become world currency and fiat will die, however that still needs to be studied, considering the fact that bitcoin is volatile and is becoming to be more of an asset than a currency as of now. I think bitcoin will become the standard of currency in the coming years and probably by the next generation fiat will be obsolete and digital currency will be  the norm.
sr. member
Activity: 532
Merit: 250
Presale is live!
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.
sr. member
Activity: 440
Merit: 250
Bitcoin will control nothing. Bitcoin is not a person nor an entity, with a conscience. It is just a mean of payment or saving. It can be used to do things, but it will do nothing by itself.
full member
Activity: 238
Merit: 101
I don't think bitcoin will control the world economy because that's not the purpose why bitcoin is created. That's my honest point of view though.
Yes, I dont think so, if bitcoin can control our economy. But it depends to government if they allow it. But if its good to us and get progressive country why not we use bitcoin, maybe bitcoin is the one that can help us end of poverty, lessen crimes, end of war on drugs.
member
Activity: 1764
Merit: 10
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.
full member
Activity: 308
Merit: 101
-YAHOO_EU-
The currency with such wild volatility, which now exists in bitcoin, can not claim a significant place in the modern economy. While its place is only as a means of speculative accumulation of capital.
full member
Activity: 316
Merit: 101
The Winner Stands Alone
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. 
No, it isn't. Media also give us the opposite news. Federal bank prepare a coin to compete btc, many countries banned bitcoin, it's an obstacle for bitcoin also for us as bitcoiners. There a lot more powerful stuff to control world economy foods,goods,money. Bitcoin have to beat them to become the one who control world economy but becareful they are protected by the government and also many governments against bitcoin. CMIIW Smiley
sr. member
Activity: 1400
Merit: 269
I dont think bitcoin can affect the world economy more likely it will only coexist with and governments may try to get rid of it by banning ICO's just like china, Argentina and russia did. Because it is completely decentralized and no one owns it and no one will ever will. And it is also a threat to their own local fiat currencies so they will surely try to stop it.
member
Activity: 70
Merit: 10

Yes, I have the same thought on the matter. Bitcoin is quite powerful, aside from its popularity, it cannot be manipulated and valuable too. It can easily control the economy.
No man, it doesn't work like that, centralized organizations themselves find it hard to do so and bitcoin being decentralized will hardly make it to the major league as most people use bitcoin for only getting profits and not for contributing to the welfare of the society . Bitcoin contributes a minor percentage in the world economy, and centralized organizations will never let bitcoin to replace them.
member
Activity: 714
Merit: 16
The answer to your question is NO, will bitcoin control country in which it was illegal or not recognized, the word WORLD is not just a piece of cake that we can easily  make do with. In the nearest future I don't see it happening
hero member
Activity: 812
Merit: 500
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
full member
Activity: 462
Merit: 101
https://saturn.black
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. 
First of all, it is necessary that it be legalized, and only then look at the impact on the economy. But even now it can be seen that the influence is significant, and this is helped by its price and demand.
full member
Activity: 680
Merit: 103
For now i don't think so, maybe in the future there is possible that bitcoin will control the economy of the world if 94% pecent of our population is already using bitcoin for their daily needs, that's my opinion.
full member
Activity: 420
Merit: 101
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. 
maybe? because bitcoin is very popular to all people and i think this bitcoin is our future money and it can replace all banks because bitcoin is very profitable crypto i think its true that in the future the bitcoin can change all economy.
newbie
Activity: 13
Merit: 0

Yes, I have the same thought on the matter. Bitcoin is quite powerful, aside from its popularity, it cannot be manipulated and valuable too. It can easily control the economy.
sr. member
Activity: 350
Merit: 250
IF PROBLEM WITH MY TRUST THEN BRING AN ESCROW.
                                I would disagree to some part, and are you really sure that bitcoin will control the world economy? how is it possible? If you would let money run over your entire life and let it decide for you then you're worst. Your principles as a human being must be the ones to take the lead, not material things, although this has been talked a lot in the forum, bitcoin can never control the economy, it will probably circulate in the economy, but cannot manipulate people.
That's true to some extent. Bitcoin is dependent on a macroscale exobomy tonexist for it to have any use cases. It's an alternative and even better to use in certain use cases. However, not the best to use as primary currency in many use cases. It's success has very much been based on it's dollar price.
Its actual that bitcoins will control the world's economy in light of the fact that consistently a large number of individuals are entering the universe of bitcoins and an ever increasing number of people groups needs to change over their cash in bitcoins on the grounds that the bitcoins is a beneficial cryptocurrency step by step all the exchanging and strip malls will acknowledge bitcoins and after that the bitcoins will be utilized everywhere throughout the world and bitcoins will control the world economy.
full member
Activity: 252
Merit: 104
Decentralized Ecosystem for User-Generated Content
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 but I dont want bitcoin to become something that controls the world. Rather I would have it be something that we use and need on a daily basis but having it control the world? That seems like some ass

hat stuff that literally nobody in crypto wants. It is all about decentralization and powerless why would we want bitcoin to have this ultimate power?
full member
Activity: 373
Merit: 100
                                I would disagree to some part, and are you really sure that bitcoin will control the world economy? how is it possible? If you would let money run over your entire life and let it decide for you then you're worst. Your principles as a human being must be the ones to take the lead, not material things, although this has been talked a lot in the forum, bitcoin can never control the economy, it will probably circulate in the economy, but cannot manipulate people.
That's true to some extent. Bitcoin is dependent on a macroscale exobomy tonexist for it to have any use cases. It's an alternative and even better to use in certain use cases. However, not the best to use as primary currency in many use cases. It's success has very much been based on it's dollar price.

Well, in that case the future economy might be into great advantages and as its based on dollar price. Most importantly dollar price has been doing great development for so many long years its price being stable. So as bitcoin pricr now dominates the entire digital currency system, I don't think it will have to control the world's economy but it has an independence bodies that really are controlling it's own economy. It has a separation between fiat and digital currency, and its proven through digital and fiat exchanges or trading sites.
full member
Activity: 798
Merit: 104
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 don't think that things will go so far, the world will be changed rather by the blockchain technology. This technology it will be found in almost any device, gadget and so on.


Well, that is not true about bitcoin will control the world economy because they are clearly stated that bitcoin can not control the world economy to boost. It was just littel portion were bitcoin have added the tax because of the users having paid through there work. If no users of bitcoin how would affect the bitcoin in our economic country today.
hero member
Activity: 570
Merit: 500
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 don't think that things will go so far, the world will be changed rather by the blockchain technology. This technology it will be found in almost any device, gadget and so on.
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