Topic: Bitcoin will control the world economy!!!!! is it true? - page 28. (Read 8924 times)
That can not be true. Even any of real valutes can’t control world economy, except USD maybe. Goverments can’t allow that, except maybe goverment which stands behind Btc. But
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 true since bitcoin can be used to some illegal transactions like buying guns, drugs, hiring a hitman an many more. Bitcoin can be used as next weapon to control the world economy by being dominant to all other currency that may lead to corruption and manipulation. 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 don't think so. Yes, BTC can be important some day in future, if it reach some high prices, and if it is adopted as a primary online currency. But I still don't see the way that world can function without paper money, or particularly without banks.
I think anything is possible in this changing world. Since bitcoin is now widely accepted, it can do anything to our economy and will soon be controlling many things.
I don't think that it could control the world economy since bitcoin doesn't contribute a huge impact in our economy but I believe it could be a life changing currency. I say this because not only a single currency can change the world, it needs also a real participation of individuals. Since bitcoin have its own limitation that's why it hard to take controlled of it, and yet possibilities that it would change our lifestyle. 
Worlds' economy is still set up on traditional basis and there is not much room (yet) for technologies like Bitcoin to take the control. So it's actually impossible to happen for Bitcoin to control the economy but that isn't in fact the purpose of it. All this wishfull thinking about Bitcoin taking over the economy or finances and becoming a leader is just pure fantasy.
Although it is not such an easy job to control the world economy. but i think still it can put a little bet effect on the world economy. 
Worlds' economy is still set up on traditional basis and there is not much room (yet) for technologies like Bitcoin to take the control. So it's actually impossible to happen for Bitcoin to control the economy but that isn't in fact the purpose of it. All this wishfull thinking about Bitcoin taking over the economy or finances and becoming a leader is just pure fantasy.
I won't agree with you Buddy.Why because, now Many people work for bitcoin and get their income. Many employees also get in to Bitcoin and get there second salary from the bitcoin. So the bitcoin strongly modifying the economy and soon it will take a control of World Economy.
Economy isn't just about jobs and what payment system is widely used for it. because from what you're saying even paypal can control the economy as many employers use it to pay their employees and in fact it overwhelms bitcoin in terms of numbers. Sorry but it seems you don't know how little users bitcoin has compared to the total number of population on earth. I have to agree on bitbunny that bitcoin is way too far on controlling the economy in the first place it doesn't need to
I Don't think, it will control the global economy...definitely not in next few years. But yes, it has create a quake in economy at global level. BITCOIN got a potential to create a parallel economy. Growing popularity of Bitcoin and people trust on it has become a problem for central Authorities. Governments are worried about this....lets see what stand govt. took to stop or to regulate it..
i don't think Bitcoin will control the world economy, cause to be world currency many aspects must be fulfilled,
like, can be controlled by government, transparent, etc.
here some related article :
http://www.cityam.com/261643/bitcoins-value-set-soar-three-predictions-future
like, can be controlled by government, transparent, etc.
here some related article :
http://www.cityam.com/261643/bitcoins-value-set-soar-three-predictions-future
Quote
As bitcoin becomes more pervasive, we predict governments will try to control it, try to understand more detail about how it is being used and try to monitor its use in the dark economy.
However, because of the structure of bitcoin, and the encryption and anonymity which is baked into the blockchain, there is very little opportunity to control this. The only clear way for nation states to control the distribution of the currency would be for them to buy up the supply and stockpile bitcoin, as many have done with gold.
Regardless of what bitcoin is being used for, the key takeaway is that it is being used more and more widely and that this expanding use is resulting in a corresponding uplift in value which shows no sign of slowing anytime soon.
However, because of the structure of bitcoin, and the encryption and anonymity which is baked into the blockchain, there is very little opportunity to control this. The only clear way for nation states to control the distribution of the currency would be for them to buy up the supply and stockpile bitcoin, as many have done with gold.
Regardless of what bitcoin is being used for, the key takeaway is that it is being used more and more widely and that this expanding use is resulting in a corresponding uplift in value which shows no sign of slowing anytime soon.
Worlds' economy is still set up on traditional basis and there is not much room (yet) for technologies like Bitcoin to take the control. So it's actually impossible to happen for Bitcoin to control the economy but that isn't in fact the purpose of it. All this wishfull thinking about Bitcoin taking over the economy or finances and becoming a leader is just pure fantasy.
I won't agree with you Buddy.Why because, now Many people work for bitcoin and get their income. Many employees also get in to Bitcoin and get there second salary from the bitcoin. So the bitcoin strongly modifying the economy and soon it will take a control of 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.
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 don't think so. Yes, BTC can be important some day in future, if it reach some high prices, and if it is adopted as a primary online currency. But I still don't see the way that world can function without paper money, or particularly without banks.
I think anything is possible in this changing world. Since bitcoin is now widely accepted, it can do anything to our economy and will soon be controlling many things.
Bitcoin has the potential to change the world economy. Yet it is far from controlling it.
I would argue that no currency has the power to become a world currency or control the world economy. This is because somewhere, there will always be someone who may disagree with the current form of currency being used and strive to create a better one.
Furthermore, since Bitcoin is decentralized, there would need to be something to pull all Bitcoin together in order to create world-wide currencies to control the economy, which is not possible at this point in time.
Worlds' economy is still set up on traditional basis and there is not much room (yet) for technologies like Bitcoin to take the control. So it's actually impossible to happen for Bitcoin to control the economy but that isn't in fact the purpose of it. All this wishfull thinking about Bitcoin taking over the economy or finances and becoming a leader is just pure fantasy.
In my opinion yes it can control the economy nothings impossible on bitcoin but it will take long long time for that.
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 this is possible, but not too soon. As you can see, not everyone is aware of bitcoin, and not everyone has access to cryptocurrency. Maybe in the future, many years from now, bitcoin can be accepted as the main currency.
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 am not sure but maybe its something that could be used by the people to control their money because with bitcoin, we can have capability to accessing and controlling our bitcoin without any third party like banks or else. but i think bitcoin is not a weapon but its like a banks for us.
Economy is the importance of the life and country, it is the best way the more the some issue crsold it. Economy is the better to get, the more job and you will get the how to handle the financial process and business support the economy. Economy is the give more information for the people how to handle the business handling and give more advice
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 don't think so. Yes, BTC can be important some day in future, if it reach some high prices, and if it is adopted as a primary online currency. But I still don't see the way that world can function without paper money, or particularly without banks.
Maybe there would be a day when Bitcoin will control the world economy but the chances are very less I think because for anything to control the world economy it must be very influential and must be stable enough but Bitcoin isn't that stable, it is very volatile. If bitcoin manages to grow even more and becomes more stable then maybe Bitcoin would control world economy.
Bitcoin has the potential to change the world economy. Yet it is far from controlling it.
Bitcoin is already controlling the world economy. People around the world are reacting to Bitcoin instead of acting against it. This is why they tried to stop it and this is why they don't like it. It's a protocol that has too much support to be stopped now.
The fact that people are responding to bitcoin being a preferred system or supporting it does not mean it will necessarily control the economy. Over time, bitcoin will become more of a normal currency and payment system and I do not see how any government will ever allow it as their primary currency.
It sure cannot be stopped now as you said but I sure hope they do not find a way to control it via exchanges.
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