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Topic: Bitcoin will control the world economy!!!!! is it true? - page 27. (Read 8924 times)

sr. member
Activity: 468
Merit: 250
For now certainly not yet, we all know that the world economy control is the dollar, when compared with bitcoin of course the dollar is stronger and must be recognized it takes a long time to be able to beat the dollar.
sr. member
Activity: 854
Merit: 257
maybe this news is just a hoax. yes i am a fan of bitcoin and i am thankful for all the benefits that it is providing. however at this state i don’t see bitcoin YET as controller of the world. there are still alot possible happenings in bitcoin once it had began to itself format and began to be ruled by more people. However it will not be that bad to hope for the best for bitcoin
hero member
Activity: 700
Merit: 553
who knows but i dont agree this arguement, world economy controlled by big and strong families and also btc is a strong instrument for economy and big players use btc with other instuments.
hero member
Activity: 896
Merit: 502
This will need a long time to happen, but it is very difficuly to happen in the near future at least. Most people around the world still using fiat currencies and banking systems, and the Bitcoin's community is a minority compared to the worldwide population. So we need to wait and keep supporting Bitcoin and let more people know about it and trade it.
Yes it is a very long time consuming process as there are several countries in the world where most of the people even don’t know about bit coin which will take so long time. I am looking it as not a very easy job for bit coin to get the hold over the economy of the whole world.
sr. member
Activity: 553
Merit: 250
This is certainly dependent on marketcap, if marketcap bitcoin biggest and beat all the currency of course bitcoin can control the world economy, but seems to take time because currently bitcoin marketcap is only about 100 billion USD. if you look at the graph of course takes more than 30 years.
sr. member
Activity: 1484
Merit: 253
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 and especially now that has been powerful of bitcoin today.
I absolutely agree bitcoin will control our economic and the power of bitcoin today it will never stop the popularity of bitcoin. It is all true what happen today in the digital era  soon it will use as currency as one.

Only a fool can deny this fact that bitcoin is the upcoming international currency of the world. It is already the strongest currency among all currencies of the world. It is not only a currency but also the most cherished and used form of investment.

People are switching to bitcoin from gold and other conventional forms of investments. There is no doubt in this fact that bitcoin is already controlling the economy of the world.
I think not to the point of controlling the world economy instead,helping the economy to grow and be more successful. Take it as a positive view of bitcoin because in that way people will keep their trust and continue working with bitcoin. Our economy will improve more and more and bitcoin won't harm a thing with the economy. The economy will boom and will cater how successful it is worldwide. I think this will venture more of the growth it has specially bitcoin has a brighter key to help and support financially that correlates businesses in each different sectors of the economy. So that means not controlling the economy.
sr. member
Activity: 420
Merit: 250
It is possible but unlikely. This would mean that significant part of international trade would be paid in bitcoins. This also means that the price would be much, much higher than it currently is.
sr. member
Activity: 392
Merit: 250
No,it could nt control the world economy.Main reason is its volatile nature and it is not backed by any government or authority to ensure its value.But it may become a secondary currency in many nations and would be used to transact money at very low fee.In future,it would be mostly used as a digital asset and it has already changed its track from being a currency to a valuable digital asset.
legendary
Activity: 1386
Merit: 1001
This will need a long time to happen, but it is very difficuly to happen in the near future at least. Most people around the world still using fiat currencies and banking systems, and the Bitcoin's community is a minority compared to the worldwide population. So we need to wait and keep supporting Bitcoin and let more people know about it and trade it.
newbie
Activity: 14
Merit: 0
Strongly agree. There are many countries that use bitcoin even countries like India have already entered about this bitcoin. Even the percentage of American countries alone is defeated by the state of China. Hopefully Indonesia can be like America, China, Japan, Denmark and many more
sr. member
Activity: 1736
Merit: 357
Peace be with you!
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 could possibly can control the world's economy in the future because it's value continue rising. My only concern is that if Bitcoin will be widely and massively used by lawless elements more than today just like silk road, darknet and black market it might suffer government critizism more than todays conflict with governments. But I know that Bitcoin could pass all this test of time and I am hoping that before something else would happen to it we are already millionaires. Grin I believe that time will come Bitcoin will rule and dominate the world over fiat money and what's sweet is that it has already started to happen.
full member
Activity: 313
Merit: 100
It is unlikely that it will control the world economy but it can play a key part in the world economy, particularly in poor/third world countries.
quite impossible of controlling the world economy because now a days the economy rate for  country is unlimited i mean to says that for a worthy nation they didn’t need such bitcoins because the used to do greater dealings and bitcoins has not attained such a great status but for a poor nation bitcoins can help in increasing their economy
For the time being it seems impossible because there is a lot of variations and fluctuations in the price of bitcoin. Some weeks ago the price was about 4800 dollars and just one decision eliminate the price to as low as 3000 dollars.

Although it is rising again but still it is not trustworthy. But there is a hope that in the near future bitcoin will overcome the whole market all over the world.
The chance to this assumption is brighter that bitcoin will world economy because s by seeing its popularity charts one can easily predict that in coming 5 to 6 years economy will be mainly depending onto the bitcoin and maybe bitcoin will be declared as the global currency of the world and that thing will be more fascinating and that time will be the epic one.
sr. member
Activity: 378
Merit: 250
Who knows, its all a guess at this point. I personally think that it will play a big role in the future, just out of the fact that there is so much money people are looking to store out there. When the people with real wealth enter bitcoin, the price is going to skyrocket to ridiculous amounts.
legendary
Activity: 1137
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.  
Yes, I agree with you what you said because bitcoin can control the world economy and especially now that has been powerful of bitcoin today.
I absolutely agree bitcoin will control our economic and the power of bitcoin today it will never stop the popularity of bitcoin. It is all true what happen today in the digital era  soon it will use as currency as one.

Only a fool can deny this fact that bitcoin is the upcoming international currency of the world. It is already the strongest currency among all currencies of the world. It is not only a currency but also the most cherished and used form of investment.

People are switching to bitcoin from gold and other conventional forms of investments. There is no doubt in this fact that bitcoin is already controlling the economy of the world.
full member
Activity: 329
Merit: 100
AGATE
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 and especially now that has been powerful of bitcoin today.
I absolutely agree bitcoin will control our economic and the power of bitcoin today it will never stop the popularity of bitcoin. It is all true what happen today in the digital era  soon it will use as currency as one.
full member
Activity: 249
Merit: 100
It is unlikely that it will control the world economy but it can play a key part in the world economy, particularly in poor/third world countries.
quite impossible of controlling the world economy because now a days the economy rate for  country is unlimited i mean to says that for a worthy nation they didn’t need such bitcoins because the used to do greater dealings and bitcoins has not attained such a great status but for a poor nation bitcoins can help in increasing their economy
For the time being it seems impossible because there is a lot of variations and fluctuations in the price of bitcoin. Some weeks ago the price was about 4800 dollars and just one decision eliminate the price to as low as 3000 dollars.

Although it is rising again but still it is not trustworthy. But there is a hope that in the near future bitcoin will overcome the whole market all over the world.

If bitcoin can reach the trillion dollars of market cap, it can be a serious actor in the world economy. This probably means that 55k dollars per bitcoin. Honestly, very hard to happen.
sr. member
Activity: 308
Merit: 250
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 bitcoin can not control a country's economy.
legendary
Activity: 1204
Merit: 1028
It is unlikely that it will control the world economy but it can play a key part in the world economy, particularly in poor/third world countries.
quite impossible of controlling the world economy because now a days the economy rate for  country is unlimited i mean to says that for a worthy nation they didn’t need such bitcoins because the used to do greater dealings and bitcoins has not attained such a great status but for a poor nation bitcoins can help in increasing their economy
For the time being it seems impossible because there is a lot of variations and fluctuations in the price of bitcoin. Some weeks ago the price was about 4800 dollars and just one decision eliminate the price to as low as 3000 dollars.

Although it is rising again but still it is not trustworthy. But there is a hope that in the near future bitcoin will overcome the whole market all over the world.
legendary
Activity: 1176
Merit: 1024
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.
it is not the purpose of bitcoin though the original plan is to become a strong currency that is not regulated by any authorities, and who among the strong
countries will accept that? they will never allow anything to exist without their control for sure.
No country will ever accept that. The only reason they have not been able to do anything is the fact that it cannot be control and it has grown wider than expected, so the only thing they may end up being able to do is to make use of exchanges in their country to be able to benefit from it in a way or the other but giving up control for bitcoin, that is not even a possibility.
newbie
Activity: 33
Merit: 0
this is false Because government will never let bank system be out of control so that they may ban bitcoin when fell it have some power
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