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Topic: Bitcoin will control the world economy!!!!! is it true? - page 24. (Read 8924 times)

full member
Activity: 364
Merit: 100
It will not really control the economy, Bitcoin swarming the economy of a country will be depending on the government and in my opinion, government controlling the flow of bitcoin in the market is really bad because they might put a tax on it and it will be really hard to earn money for sure since they are manipulating the values.
full member
Activity: 1484
Merit: 101
Certainly for now not yet, when viewed from the data market cap then only about $ 140 billion and of course still far compared to the dollar that reaches thousands of trillion. But I hope to soon use bitcoin as the world's official transaction.
full member
Activity: 280
Merit: 100
for me bitcoin can not control the world because bitcoin is not just the world's most powerful money so it's not capable to spin it so many people scream or stumble when it happens bitcoin does not need the most powerful of all money It's okay to say that he's a lot of help people and many people are hoping for him so I believe that bitcoin can not control the world ....
hero member
Activity: 490
Merit: 501
Quote
Funny it seems but it is not like that actually, i prefer if people controls the economy by huge mass production of certain need, but if we talk about bitcoin? Nah i don't think so. How would actually a certain currency controls the economic world? Because of its value and people would strive just to have bits of satoshis? I think it wont, it is just the same with our current money but has different features and different purposes.


Bitcoin is not really designed to control any country's economy. The fact that it is decentralized is a big feature that will thwart any possible control. Bitcoin is basically returning the power back to the people so we can draw our own destiny away from the control of the government and f financial institutions. We should be looking at Bitcoin as a medium or a tool and so far there is no one tool that was able to control the world because even if half of the total global population can be dumb there remains to be people just like you and me who are still logical and would not easily accept anything if the purpose can clearly not on the interest of the greater good.

The more we associate control and dominance with Bitcoin the more we have authorities in the government who will have misconceptions and misconstrued assumptions regarding Bitcoin. In the game of boxing, this is just like telegraphing your punches. let's stop the notion that Bitcoin is meant to control a country's economy or political realities because so far there is no evidence for this.
legendary
Activity: 1092
Merit: 1000
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's future will really be great considering the fact that it is gaining attention from all around the world which may lead to it's prioritization within every nation. If someone wants to use bitcoin as a medium to become rich, he should first be willing to exert most of his time and effort with bitcoin. The time required depends on the way you earn money. Some ways are fast and easy but some are difficult and long but usually brings the greatest rewards. There are very much chances of bitcoin capturing the economy.  Everyone is interested in bitscoins and buying and investing in it.
sr. member
Activity: 303
Merit: 250
Bitcoin can really be the major factor to boost economy of every country, this is a great invention that we have i think this century and people should really adopt this new system. Bitcoin offers opportunity to improve lives of every people and i know this thing will surely happen in the future.


There are many advantages and disadvantages for a government from bitcoin.The advantages are bitcoin for a government is it makes the people wealthy who invested on it,it really help to increase country's economy.But the main disadvantage is the bitcoin transaction are fully anonymous and private. Unlike in payments through bank, where the transactions can be tracked and identified, bitcoin transactions cannot be identified.So he don't have to pay taxes which decrease the income of country's economy.
sr. member
Activity: 1666
Merit: 276
Vave.com - Crypto Casino
Yes it is true and Bitcoin will control the world economy because it will be the world reserve currency that all other countries base their value off of.
I don't think that's gonna happen. Bitcoin might serve as an reserve for the entire digital currency, but the same won't lead the entire economy of the world. When we take into consideration the capital volume of bitcoin into circulation around the world countries, we're very low in volume than the fiat.
full member
Activity: 420
Merit: 103
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, I agree with you what you said because bitcoin can control the world economy.
First of all, you two need to read about definition of Bitcoin. Bitcoin can't not control the world economy, actually bitcoin is effected by world economy and opinion of some experts like Jamie Dimon. Bitcoin isn't a weapon too, it can't hurt anyone so if you say bitcoin is a weapon that make no sense.

True. Bitcoin itself is so unstable that it can't control the world economy. Yes it has gained popularity and more and more people are now knowing about it but how can something so volatile, something whose value can change in the flicker of a night can control the world economy. For example, In november 2013 the bitcoin bubble burst and bitcoin fell from US $ 1137 to US $310 a year later, a drop of 73%.
Bitcoin itself seems to be in fluctuation with stability gain happening periodically making it grow. In my personal thinking bitcoin has the potential to make the country grow in economy. The same won't let it control the economy of the nation, it has been very small in market capital compared to gold. So, little by little changes were felt in countries bitcoin is part of their economic management.
                   Funny it seems but it is not like that actually, i prefer if people controls the economy by huge mass production of certain need, but if we talk about bitcoin? Nah i don't think so. How would actually a certain currency controls the economic world? Because of its value and people would strive just to have bits of satoshis? I think it wont, it is just the same with our current money but has different features and different purposes.

Bitcoin is very unstable. It could be a factor of economic changes but it is not totally the main contributor. Paper money is still more powerful.
full member
Activity: 420
Merit: 103
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 cant. Digital Currency has nothing to do with world economy and even it would be valuable on upcoming years government wont really allow such thing to happen for sure.Its a decentralized thing and theres no way it can be considered to be used globally knowing countries have their own different local fiat currencies and i dont think bitcoin would really be considered to take part of it.
The world economy greatly depends on physical money not on cryptocurrency. Bitcoin won't replace the role that paper money plays in the economy of every country so don't be threatened by it. Not all country recognize bitcoin in the first place.
newbie
Activity: 8
Merit: 0
not so far..yes. because as of now bitcoin is being spread  around the world.
sr. member
Activity: 2044
Merit: 314
Vave.com - Crypto Casino
Bitcoin can really be the major factor to boost economy of every country, this is a great invention that we have i think this century and people should really adopt this new system. Bitcoin offers opportunity to improve lives of every people and i know this thing will surely happen in the future.
full member
Activity: 378
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. 

In what I know, bitcoin is something that cannot be controlled or used by anyone, so the idea of bitcoin being used as a weapon to controll or rule the world economy is something that I don't think will happen. But bitcoin does really have the capability to help the economy of our wold change for the better, and that is the good thing about bitcoin.
sr. member
Activity: 530
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
Yes it is true and Bitcoin will control the world economy because it will be the world reserve currency that all other countries base their value off of.
hero member
Activity: 658
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. 
Yes, I agree with you what you said because bitcoin can control the world economy.
First of all, you two need to read about definition of Bitcoin. Bitcoin can't not control the world economy, actually bitcoin is effected by world economy and opinion of some experts like Jamie Dimon. Bitcoin isn't a weapon too, it can't hurt anyone so if you say bitcoin is a weapon that make no sense.

True. Bitcoin itself is so unstable that it can't control the world economy. Yes it has gained popularity and more and more people are now knowing about it but how can something so volatile, something whose value can change in the flicker of a night can control the world economy. For example, In november 2013 the bitcoin bubble burst and bitcoin fell from US $ 1137 to US $310 a year later, a drop of 73%.
Bitcoin itself seems to be in fluctuation with stability gain happening periodically making it grow. In my personal thinking bitcoin has the potential to make the country grow in economy. The same won't let it control the economy of the nation, it has been very small in market capital compared to gold. So, little by little changes were felt in countries bitcoin is part of their economic management.
                   Funny it seems but it is not like that actually, i prefer if people controls the economy by huge mass production of certain need, but if we talk about bitcoin? Nah i don't think so. How would actually a certain currency controls the economic world? Because of its value and people would strive just to have bits of satoshis? I think it wont, it is just the same with our current money but has different features and different purposes.
Well I know it’s not a weapon but I have a question and I want to know the answer please if it can’t control the world economy so why its price is high hen any other currency around the world and why it’s going to accepted by countries and why it’s become legal in some countries and recently bitcoin arrived to Thailand as well so what is all this and why it’s going popular and stronger day by day.
hero member
Activity: 1036
Merit: 500
bitcoin will be next weapon against rich men and bank system who control all over world
No doubt that bitcoin is going to uniform all the masses equally. Bitcoin will control the world economy and there will be no any monopoly of rich in the world and poor would not be suffer by behavior of rich persons. It is right that bitcoin is a good weapon of poor against the rich people. I think bitcoin will easily control the world economy because no any government and organization and institution can restrict bitcoin.

I don't think so. If we're talking about global economy, bitcoin doesn't have that much following yet and would probably have a hard time getting to fiat's level. Though of course, in the long run, bitcoin will pick up speed more but not enough to control world economy
Bitcoin improves the economy of a singular region who is using it then why not it will change the economic situation of whole world and the main reason for acceptance of bitcoin to new countries is clear that they totally want to be economic stable and this will surely help them to improve and boost to economy and more of it bitcoin is famous for standard raising it will surely boost economy of world.
full member
Activity: 546
Merit: 101
★Bitvest.io★ Play Plinko or Invest!
Yes it can happen of course, especially if already more countries that have legalized bitcoin in their respective countries. Of course, more people are more focused on bitcoin to do all the daily activities on bitcoin be able to gain profits and also spending bitcoin that owned. And also the exact governments will provide the agency that organizes all activities on using of bitcoin in its country.
full member
Activity: 210
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
Bitcoin has created big opportunity to the people make revenue and doing as part time and fulltime job and happily running their so Bitcoin is supporting in controlling the world economy helping the individuals. But Not in major level it is in micro level only in future few % can be increase more as more users increasing day by day.
hero member
Activity: 826
Merit: 501
How will a currency control the economy of an entire world? It is like saying that the one who has the highest quantity of Bitcoin will control the world. As of right now I don't see any clear indications of which it will control the world, but looking at Bitcoin I see that it will help a country's economy grow as it has given some people a chance to earn additional income meaning the influx of cash has increased in their side, also the chance of tourist spending Bitcoin in their country will have a positive effect on their economy.
I think if bitcoin is acceptable to the layers of the general public and all countries have inaugurated it bitcoin certainly can control the world economy, where everyone can use bitcoin for everyday needs. the economic value of each country is different there is a weak economic system and some are otherwise. but with the bitcoin and the state can formalize its existence for the purposes of sale and purchase transactions or payments online and offline so bitcoin is able to help the economy of everyone who uses it and changes in the world economy can get better with the bitcoin.

First thing you have to understand is that bitcoin is limited and there is not enough coin for the world to get hold of it. You can still trade bitcoin across the world if you know about bitcoin and you can cash it out through your local exchanges to fiat currency. But also still thinking about i,in that some revolution and think it is impossible to happened.
Well I think we know that bitcoin is decentralized but beside this I believe it’s not like that as we are thinking there will be someone or any country who will operate this and the way it’s going to reached to countries it’s not self for bitcoin to do so by itself so I think bitcoin can get control the world economy easily with high price.
I guess so that it will control certain economic system but it's not that easy for every country to easily adopt it actually because people isn't familiar yet, and no specific studies that teach how bitcoin works for lives of people. Although it's idea is for money making but looking on the bitcoin price nowadays, the fiat economy might be taken down due to bitcoin's most pumped price ever. Hopefully the whole world will recognize the system and introduce this to people and this will become trending to the society before the initial plans of fiat economy to merge on both digital and fiat currency compatibility on specific exchangers in the future.
hero member
Activity: 1078
Merit: 501
How will a currency control the economy of an entire world? It is like saying that the one who has the highest quantity of Bitcoin will control the world. As of right now I don't see any clear indications of which it will control the world, but looking at Bitcoin I see that it will help a country's economy grow as it has given some people a chance to earn additional income meaning the influx of cash has increased in their side, also the chance of tourist spending Bitcoin in their country will have a positive effect on their economy.
I think if bitcoin is acceptable to the layers of the general public and all countries have inaugurated it bitcoin certainly can control the world economy, where everyone can use bitcoin for everyday needs. the economic value of each country is different there is a weak economic system and some are otherwise. but with the bitcoin and the state can formalize its existence for the purposes of sale and purchase transactions or payments online and offline so bitcoin is able to help the economy of everyone who uses it and changes in the world economy can get better with the bitcoin.

First thing you have to understand is that bitcoin is limited and there is not enough coin for the world to get hold of it. You can still trade bitcoin across the world if you know about bitcoin and you can cash it out through your local exchanges to fiat currency. But also still thinking about i,in that some revolution and think it is impossible to happened.
Well I think we know that bitcoin is decentralized but beside this I believe it’s not like that as we are thinking there will be someone or any country who will operate this and the way it’s going to reached to countries it’s not self for bitcoin to do so by itself so I think bitcoin can get control the world economy easily with high price.
sr. member
Activity: 588
Merit: 351
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, I agree with you what you said because bitcoin can control the world economy.
First of all, you two need to read about definition of Bitcoin. Bitcoin can't not control the world economy, actually bitcoin is effected by world economy and opinion of some experts like Jamie Dimon. Bitcoin isn't a weapon too, it can't hurt anyone so if you say bitcoin is a weapon that make no sense.

True. Bitcoin itself is so unstable that it can't control the world economy. Yes it has gained popularity and more and more people are now knowing about it but how can something so volatile, something whose value can change in the flicker of a night can control the world economy. For example, In november 2013 the bitcoin bubble burst and bitcoin fell from US $ 1137 to US $310 a year later, a drop of 73%.
Bitcoin itself seems to be in fluctuation with stability gain happening periodically making it grow. In my personal thinking bitcoin has the potential to make the country grow in economy. The same won't let it control the economy of the nation, it has been very small in market capital compared to gold. So, little by little changes were felt in countries bitcoin is part of their economic management.
                   Funny it seems but it is not like that actually, i prefer if people controls the economy by huge mass production of certain need, but if we talk about bitcoin? Nah i don't think so. How would actually a certain currency controls the economic world? Because of its value and people would strive just to have bits of satoshis? I think it wont, it is just the same with our current money but has different features and different purposes.
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