Bitcoin will control the world economy!!!!! is it true? - page 29.

gabmen

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Quote from: TrueAnon on October 06, 2017, 05:14:55 AM

Maybe some day..but not in the next 2 decades. The system has evolved too much and as long as banks and governments are around, Bitcoin won't get access to the bigger part of the pie =/

Right. Control of the economy would be too much to ask for and would probably not happen at all considering that governments will never allow something they can't control take the reigns of he market

azguard

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Quote from: kpcian on October 06, 2017, 06:30:29 AM

I think so, Bitcoin is becoming a popular and profitable business system nowadays, people are becoming dependent on this system because of the highly profitable system. if all people will come to this system in order to continue business then either Bitcoin will be banned or Bitcoin will dominate in the world economy.

All in due time. First bitcoin is technically rules the world economy from some perspective and second bitcoin will never be banned in all countries. OK some will ban it with some funny reason and other will try to control its flow in that particular country as much as possible. Think that bitcoin is phenomenon for most countries and that they still afraid to accept it and acknowledge it. But when this happens then we will see real bitcoin price charts.

cryptjh

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If thats true, then a few 100 or a few 1000 bitcoints accounts can rule the world.
I don't think that would be a good thing for anyone.

https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html

kpcian

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I think so, Bitcoin is becoming a popular and profitable business system nowadays, people are becoming dependent on this system because of the highly profitable system. if all people will come to this system in order to continue business then either Bitcoin will be banned or Bitcoin will dominate in the world economy.

TrueAnon

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Maybe some day..but not in the next 2 decades. The system has evolved too much and as long as banks and governments are around, Bitcoin won't get access to the bigger part of the pie =/

Payapa

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Possible! But it will take much time for it in the future. Blockchain techlonogy can be the next economical system. Surely in time it can be known and have the control in the future's economy.

Kevin77

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Quote from: thomasonil on September 14, 2017, 03:08:20 PM

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 cannot control the world economy. Sure, it is a worldwide cryptocurrency and digital payment system that is decentralized which alone makes it worthwhile and it is glaring obvious it will be the most preferred method for everyone to use for payment purpose globally but it is only like every normal currency and I do not see the essence or the power it has as a tool or weapon as you so called it to control the economy.

Reez

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Bitcoin will control the world economy yes! Because it is sound money and better than any other form of money that's humans have used to date. Limited supply and immutable ledger is why also.

doomloop

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Quote from: Dannaey on October 02, 2017, 09:24:21 AM

Quote from: thomasonil on September 14, 2017, 03:08:20 PM

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.

As we expect to believe, People wants Bitcoin to be the replacement of our conventional currency. For me Bitcoin will have a long way journey for it to be accepted worldwide. And I believe on what you says, that is probable. Since we consider Bitcoin as money, and people who have a lots of money can do a lot of stuff to control. Then that is possible that Bitcoin can be use as a weapon to control the economy. And we can't tracked it who, because of its natural features as anonymity.

Yeah people of my country also want this. It is because the price of the bitcoin is much higher than the pother currency. In the past people were using bitcoin because they were trying to save their money safely for the long time but now people use bitcoin as the source of income and they are investing the high capital of their money in bitcoin only.

BarbieCasino

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Quote from: JaredStein on September 30, 2017, 08:43:53 AM

Bitcoin is on its way to controlling the world economy yes. I'd even say it's already controlling the world economy as more and more people are joining the network everyday as they're becoming live to the fact that a centralized economy is not the one they want.

Yeah it has already did more than this because it is getting more famous and there are a lot of the chances for the people who want to use bitcoin if you will invest in bitcoin it will make the currency of the country disappear. It is paying the high transaction fees and it is the currency that is being invested by the people to pay the tax so it is goods for the economy of the country. There are a lot of jobs for the unemployed opportunity of the online job is very high. So yes it is making the life of the bitcoin users is very good.

cexylikepie

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Quote from: mkhadazz on October 02, 2017, 09:53:13 AM

If contemplated, is very possible. Bitcoin can be used to control the world. More that plunge in bitcoin, more bitcoin reach extends. With its superiority, bitcoin can be a weapon for capitalists to grasp the world stronger.

That's right if the future of Bitcoin will happen as your said, but you have to remember, the government will have not much profitability and they will consider before accept it for capitalists. However, the economy and finance also are controlled by a hidden influence, maybe they are richest man and also use Bitcoin Roll Eyes

Pejoh Asu

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Quote from: mkhadazz on October 02, 2017, 09:53:13 AM

If contemplated, is very possible. Bitcoin can be used to control the world. More that plunge in bitcoin, more bitcoin reach extends. With its superiority, bitcoin can be a weapon for capitalists to grasp the world stronger.

All users hope so, but we have to be realistic that currently bitcoin market share is still very small, bitcoin will control the world economy if market share beat the dollar, and it takes a long time and I'm sure it's hard to achieve.

mkhadazz

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If contemplated, is very possible. Bitcoin can be used to control the world. More that plunge in bitcoin, more bitcoin reach extends. With its superiority, bitcoin can be a weapon for capitalists to grasp the world stronger.

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Quote from: thomasonil on September 14, 2017, 03:08:20 PM

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.

As we expect to believe, People wants Bitcoin to be the replacement of our conventional currency. For me Bitcoin will have a long way journey for it to be accepted worldwide. And I believe on what you says, that is probable. Since we consider Bitcoin as money, and people who have a lots of money can do a lot of stuff to control. Then that is possible that Bitcoin can be use as a weapon to control the economy. And we can't tracked it who, because of its natural features as anonymity.

Ewinsane

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Quote from: allthingsluxury on September 25, 2017, 10:34:26 PM

Very unlikely, but will it play a major role in the future? This is very possible.

Bitcoins are in a common use as a source of earning capital or are kept in the form of digital currency by most of the people. Despite of its fame, the fact that it has yet been not legalized by the governmental systems restrains it from becoming controller of world’s economy.

The basic economic plan of the countries lies entirely upon the fiats or conventional money. Bitcoins could only improve the financial situation of a country by adding to people’s income.

virtualkeybuyer

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Quote from: Chanock on September 30, 2017, 01:06:40 AM

No!,, Bitcoin cannot control the world economy and different country cannot allow it. The contribution of bitcoin in world economy is in only in small percentage because bitcoin is transparent and no one can touch it. Bitcoin purpose is for digital purpose and without internet access bitcoin is useless.

This is something really difficult to comment on. We all know this thing that future is unpredictable. You can expect anything to happen in coming days. I am very confident that Bitcoin will bring a lot of wonders to this world. It is very much possible that Bitcoin will be able to take control of world’s economy in the future.

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Quote from: JaredStein on September 30, 2017, 08:43:53 AM

Bitcoin is on its way to controlling the world economy yes. I'd even say it's already controlling the world economy as more and more people are joining the network everyday as they're becoming live to the fact that a centralized economy is not the one they want.

This will not happen. Imagine that all the people tomorrow decided to switch to bitcoins. Who will work in factories, take out the garbage and so on. Economy the real sector will always stick by the Fiat and regulation by the government.

JaredStein

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Bitcoin is on its way to controlling the world economy yes. I'd even say it's already controlling the world economy as more and more people are joining the network everyday as they're becoming live to the fact that a centralized economy is not the one they want.

peterthegreat

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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.

aencarnaci

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Quote from: calandra78 on September 22, 2017, 11:38:39 AM

Quote from: muhammad-adnanzain on September 15, 2017, 01:49:28 PM

Mybe not because bitcoin status like a commodity, when market demand more bicoin then the price is going sky rocket and when demand is going fall then bitcoin price going down.

Yes that is very true, I wouldn't be able to control the bitcoin world economy. because basically the world economy itself there were several factors that influenced them and that which governs local government or individual States. bitcoin only digital currency that may be controlled on the internet is not the world. and bitcoin itself may just be able to help improve the growth of the economy of the community.

Yes you are right. Bitcoins are just digital currency that is being created in software and they are being controlled somehow through internet. So yeah we wouldn’t say it will rule the world economy but maybe the future deals with bitcoins only so that may happen too.

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