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. 
Topic: Bitcoin will control the world economy!!!!! is it true? - page 26. (Read 8924 times)
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 do not think it can control the new world economy. At present it is only used for trading. And the ICO projects started replacing it with ETH, do reason that it could control the new world economy?
This probably won't be the case. BTC is great and it's doing well in working as a "secondary market" that is, it offers an alternative that everyone can use, which the world actually needs. The best case scenario for BTC would be that it will increase in adoption and more people will be using it, that will in return increase the price but it's unlikely that people will all of the sudden replace it by fiat. And the economy is working in a way that it needs to be "adjusted" by increasing the supply of money to increase/decrease, BTC's supply is fixed and the currency is decentralized to start with, which means that regulator (markets/governments) can't adjust it the way they want, and we do need this adjustment otherwise the economy will not function correctly. It's in our best interest that this continue, but it doesn't mean that there isn't space for BTC to work as a secondary currency, it's already doing so and will continue doing so in the future.
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 do not think it can control the new world economy. At present it is only used for trading. And the ICO projects started replacing it with ETH, do reason that it could control the new world economy? 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 believe that too. Because if you look at the success of bitcoin from the time it started up to now, it has been very successful. That's why it is not impossible that someday bitcoin will control the world economy. 
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 it will be difficult because many countries still doubt the existence of Bitcoin today. Now there are some countries that prohibit Bitcoin and may be increased due to BItcoin lacks of regulation and decentralized. 
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 so. Bitcoin has a limited supply, I think it will affect the world economy if the supply also increases but in btc only demand increases at a very limited supply of btc, therefore, it will not affect the world's economy but instead it will have a great effect in the society because it helps financially that will help to minimize the unemployment.
I completely agree with the previous post.
In coming future bitcoin will definitely make huge impact on world economy, but it will never control the world economy.
There is no one currency currently operating in the world.
Every country has its own fiat currency.
These currencies are centrally controlled and manipulated by the governments and central banks of the country.
Globally accepted gold is also controlled by banks.
Bitcoin is a decentralised crypocurrency which is controlled by mass number of persons , that is why one cannot establish control over all the bitcoins, so how it can control the economy?
What bitcoin will do, it can make an impact on the various economies of the world which may compel these economies to change their policies. Cryptocurrencies may led to emergence of new markets, which is controlled by no one.
There is no one currency currently operating in the world.
Every country has its own fiat currency.
These currencies are centrally controlled and manipulated by the governments and central banks of the country.
Globally accepted gold is also controlled by banks.
Bitcoin is a decentralised crypocurrency which is controlled by mass number of persons , that is why one cannot establish control over all the bitcoins, so how it can control the economy?
What bitcoin will do, it can make an impact on the various economies of the world which may compel these economies to change their policies. Cryptocurrencies may led to emergence of new markets, which is controlled by no one.
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 it is not the way to control world economy but instead bitcoin will help to improved our economy. I understand that media's are very passionate in making news and very resourceful in terms of upcoming events. But as far as I engaged in crypto, bitcoin isn't strong enough to take our world economy into a better one just like it did to us. Maybe it will possibilities to happen if cryptocurrencies are fully accepted my most people worldwide and it's stability in the market. 
Not really, even though bitcoin helping us in financial matters but it would not contribute a lot in the world economy. Government projects would be a huge factor on improving and controlling our economy and we must also participate this but not only by depending on bitcoin 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.
Its not impossible due to the fact that aooner most of the people will use bitcoin likely for their daily expenses and they don't need to work anymore with the help of bitcoin they are able to have a profit that they can use for themselves, and with that can help economy with the bitcoin we earn.
The development of very fast bitcoin does affect the world economic situation. This does not mean bitcoin controls the world economy, but bitcoin has an influence on the world economy. As more people use bitcoin, the use of paper money will decrease.
I think it is still very early to say anything about that. i think that even bitcoin has the capacity to do so, but it will be depending on the interest of the people if people are more interested in bitcoin and majority of people start using bitcoin for everything then we can expect so.
The development of very fast bitcoin does affect the world economic situation. This does not mean bitcoin controls the world economy, but bitcoin has an influence on the world economy. As more people use bitcoin, the use of paper money will decrease.
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 it will be happened in the future but not in a few years. It is a theory that need long years. At first the governments in all world have to know what is bitcoin. Then they have to reform their economy according to bitcoin. Maybe in 30-40 years bitcoin may control world economy.
Yes, it is true, and it is also true that bitcoin will dominate the world one day. In fact, countries are in a progress of accepting bitcoin. For instance, Japan legalized bitcoin, thus it has authorities on it. People will want to use bitcoin than any other currency. The government will be obliged to fully make bitcoin as the official currency. And that will happen to the other countries until it dominates the world. That is what I mostly believe in. Moreover, there are people who will try to take bitcoin down because it does not go with their policies. Plus, some other people will use bitcoin illegally as they are using it now in the dark net even if it is legalized.
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.
Controlling is bit harsh or ambitious way to put the bitcoin use. It is better to assume that in future world economy will be centered around bitcoin and its backend technology like blockchain. As far as dominance is concerned then bitcoin is bit easy to control or manipulate if a company has deep deep pockets to accumulate the huge chunk of bitcoin. Any example, recently biggest drop in the bitcoin market was direct result of JPMorgan chief warning, threatening people against bitcoin. From the 5k dollars bitcoin dropped to 32k dollars.Bitcoin in its current format has strongest and evolutionary way of transfer of money or value from one to other. Sooner or later bitcoin or at least the vision being the bitcoin, crypto currency from the Satoshi will rule the economy.
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.
Controlling is bit harsh or ambitious way to put the bitcoin use. It is better to assume that in future world economy will be centered around bitcoin and its backend technology like blockchain. As far as dominance is concerned then bitcoin is bit easy to control or manipulate if a company has deep deep pockets to accumulate the huge chunk of bitcoin. Any example, recently biggest drop in the bitcoin market was direct result of JPMorgan chief warning, threatening people against bitcoin. From the 5k dollars bitcoin dropped to 32k dollars.Bitcoin in its current format has strongest and evolutionary way of transfer of money or value from one to other. Sooner or later bitcoin or at least the vision being the bitcoin, crypto currency from the Satoshi will rule the economy.
some of medias sometimes only showing fake article without any good reference to support those article and usually they did that to increase their viewers and i think considering bitcoin can control world economy is too much because that almost impossible and many countries won't let their countries controlled by one currency
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.
Jump to: