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Topic: Bitcoin will control the world economy!!!!! is it true? - page 30. (Read 8909 times)

sr. member
Activity: 1148
Merit: 300
No man, it doesn't work like that, centralized organizations themselves find it hard to do so and bitcoin being decentralized will hardly make it to the major league as most people use bitcoin for only getting profits and not for contributing to the welfare of the society . Bitcoin contributes a minor percentage in the world economy, and centralized organizations will never let bitcoin to replace them.
In future economy will be dependent on bitcoin. Because everybody will know about its importance and its benefit how it can improve economy .it can be trade across the globe and will improve the import export business, and also economy will gain a lift when bitcoin trade is high. And it will control the economy of world also buy it prices because it will be acceptable to every corner of world.
yes i agree maybe someday people well all know about bitcoin but i think it is not nescesary that bitcoin  can controll tbe worlds economy maybe  it can controll a piece or a small part of the economy but not in the whole world.i think it needs a lot of time.
full member
Activity: 434
Merit: 102
No man, it doesn't work like that, centralized organizations themselves find it hard to do so and bitcoin being decentralized will hardly make it to the major league as most people use bitcoin for only getting profits and not for contributing to the welfare of the society . Bitcoin contributes a minor percentage in the world economy, and centralized organizations will never let bitcoin to replace them.
In future economy will be dependent on bitcoin. Because everybody will know about its importance and its benefit how it can improve economy .it can be trade across the globe and will improve the import export business, and also economy will gain a lift when bitcoin trade is high. And it will control the economy of world also buy it prices because it will be acceptable to every corner of world.
sr. member
Activity: 1372
Merit: 269
★Bitvest.io★ Play Plinko or Invest!
I do not think that Bitcoin have the power to control the economy.  Remember bitcoin is just a code created by a person or group of people.  If there is someone to control the economy it is the capitalist and/or the financial instituiton.  They have the fund to turn things outside down.  They can even take advantage of Bitcoin and spread FUD then buy all of them when people sells.  Bitcoin is not that big yet to be able to control the world economy.
sr. member
Activity: 518
Merit: 250
I agree with you to control the economy of a country that definitely can not but for bitcoin can improve the economy of a country though not comprehensive
Perhaps with the concern of the government that is the reason to consider the legalization of bitcoin for each country.
sr. member
Activity: 658
Merit: 251
VIMee - Social Network
It will not control the economic growth but it can increase the value on behalf of the technology behind it. Government concerns about Bitcoin only thing they cannot control the value and there is no involvement in Bitcoin. But technology can easily reach to each and every country.
full member
Activity: 812
Merit: 108
No that's not true, Do you think 21 millions bitcoin can control the world economy, that's not possible.
World GDP in usd dollar 75 trillion dollars than how we can say that bitcoin can control world economy.
sr. member
Activity: 602
Merit: 252
Right now the capital of bitcoin compared to the entire fiat is very low, maybe in future the economy of bitcoin will reach a stable level. This won't let the fiat system go down and make the bitcoin control the economy. We're in the early days of innovation taking control of the entire system.
newbie
Activity: 29
Merit: 0
I dont think so bitcoin will control the world economy.that will never be happen.bitcoin is only a cyber currency.
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
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 is a global currency, which means it is not a currency of any individual. Since it is a global currency, it can lead the global economy. On the other hand, we the people have power over bitcoin, thus if bitcoin controls the world economy, it means we are the one who are controlling the world economy, thus removing any influence form individual country on manipulating the economy.
full member
Activity: 378
Merit: 102
Very unlikely because even though it is the most established digital currency, it is not yet popular enough to be used by a large portion of people in the world. For it to have enough influence in a country's economy, it must have more users in the future.
full member
Activity: 476
Merit: 102
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.
legendary
Activity: 2758
Merit: 1004
PredX - AI-Powered Prediction Market
Well, if bitcoin gets more popular in the future, it could happen. so many possibilities that can happen to bitcoin, even master the world economy. unfortunately bitcoin is very difficult to control, even for a country.
full member
Activity: 364
Merit: 100
I think bitcoin can not control the world economy. can be seen that bitcoin is just a virtual currency is not basic so how can they control the world economy and if not wrong bitcoin only available 21/23 million so if viewed from the society 1 country numbering hundreds of thousands and even millions of people and they have an average of 1 - 2 bitcoin can be said only 2-3 states alone is enough to have all the bitcoin and other states do not have. how can bitcoin control? it will not happen because no one can replace the original currency of each country.
newbie
Activity: 33
Merit: 0
No. I dont think it will control the world economy.. bitcoin is just a currency.and it is volatile. And yet it plays a big role but its still with us how we handle the situation.
hero member
Activity: 882
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. 
Yeah this is the truth of the bitcoin power in future because people are making earning that is not possible with simple practical life job, so here we can say that due to the bitcoin we have lots of job and increasing the availability of jobs in practical life, so here we can say that due to bitcoin the grow of having practical life job are going down.
Here the earnings from cryptocurency by most of the people is definite, so grow of people economically results into growth of the country where those people lives, so here we should remain happy that we are bitcoin and bitcoin will make whole world happy with increasing economy.
hero member
Activity: 2814
Merit: 518
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 believe that it will control our economy in the future. Bitcoin is just a currency and isn't give a huge impact to the economy. But I believe bitcoin can contribute something to us but doesn't big enough no take control our economy.
hero member
Activity: 2814
Merit: 911
Have Fun )@@( Stay Safe
This will happen in upcoming years when world will be in the hold of bitcoin everyone will be using it and getting blessing from it and it will control the world economy and I wish that day will be soon. And so that I can trade across the world and change my cash money into bitcoin to live an epic life.
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  Tongue and the blessings from it Roll Eyes You can still trade bitcoin across the world if you know about bitcoin and you can cash out through your local exchanges to fiat if you are not aware of it  Grin. To live an epic life you need to have a couple of hundred bitcoins and i am sure you wont have those.  Tongue Bitcoin will be a major player in the economy in the near future.
full member
Activity: 378
Merit: 103
Even bill gates talk about the bitcoin. So in my point of view bitcoin will control the world economy.
hero member
Activity: 2520
Merit: 624
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 was also reading some article where it is said that soon we will enter 4th industrial revolution and that we need a new economical system for it.
Some one said that  blockchain techlonogy would be the next economical system.
I don`t think that this would be bitcoin, but deffinetly something new is coming for sure.

I'm also thinking of that some revolution and I think you got the coinage - industrial revolution. Come to think of it, with the way this ico stuff is going is going, it is tilting towards something new but can't put my fingers into what it is at the moment. Bitcoin coin is really pushing hard but its modus oparandi (one is access to internet )is a strong disadvantage for fingers to be pointed at it as the next revolutionized currency
full member
Activity: 219
Merit: 101
,it would be hard to believe if bitcoin will control the economy someday. It shows that it has overpowered the fiat currency which we are using up until now, and the fact that the government doesn't have a control about this economic state of bitcoin , maybe someday it willcause a big ruckus in the society resulting to a revolution, hopefully not happening.
This will happen in upcoming years when world will be in the hold of bitcoin everyone will be using it and getting blessing from it and it will control the world economy and I wish that day will be soon. And so that I can trade across the world and change my cash money into bitcoin to live an epic life.
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