Bitcoin will control the world economy!!!!! is it true? - page 32.

rickadone

legendary

Activity: 1176

Merit: 1024

Quote from: ongels on September 19, 2017, 05:47:00 AM

Its a big question at this moment, There's possibility for yes and the majority stating it won't happen for so many reason's . The answer may be found in the future. Maybe if all country united to alternate all paper money to bitcoin, much easier to everybody to access,transact,process money anytime we want. This is another milestone of bitcoin happens in history.

And who do you think is right? Those saying it will be possible or those saying it won’t?Virtual currencies has been around for long, so if that’s possible, it would have happened since.
By the way, not so many people are making use of Bitcoin; yes I know they are up to millions but believe me they’re not up to 10% of the population in the world.

Colt22

hero member

Activity: 770

Merit: 500

Quote from: Nerman on September 17, 2017, 03:25:18 AM

I don't think this is going to happen in the near future. If this will be true they can declare ban on bitcoin just like China did. I hope that this ban on Bitcoin will stop on China but as of now we don't know what other countries are thinking about it.

What we heard from China it has been declared as rumors, something notorious was found from China about bitcoins. So be happy, that will neither any solid reason to ban bitcoins nor any other country have. Bitcoin boost economy but countries are reacting only for its decentralization future.

doomloop

hero member

Activity: 2408

Merit: 584

Quote from: Hipster999 on September 16, 2017, 06:33:34 AM

I do not think that it will be a powerful weapon for managing the economy, because if the Internet is turned off, it will simply disappear and will not pose any threat to the economy.

If we talk about the world currency then one thing comes to our mind that is fiat money! But I think it is now the old idea it is the age of the science and the age of the new technologies now people know how to use new things and how to make money from different things. The bitcoin currency is the good source of income for those who do not have the fiat money; it is so easy to pay your bills using bitcoin and to buy things you need so it is able to buy everything we can buy from fiat so I think it is going to be the world currency some day and it will help to develop the world economy in positive way.

ongels

full member

Activity: 196

Merit: 100

Its a big question at this moment, There's possibility for yes and the majority stating it won't happen for so many reason's . The answer may be found in the future. Maybe if all country united to alternate all paper money to bitcoin, much easier to everybody to access,transact,process money anytime we want. This is another milestone of bitcoin happens in history.

BitcoinNational

legendary

Activity: 1470

Merit: 1010

Join The Blockchain Revolution In Logistics

I don't think the creators of Bitcoin will ever want that Bitcoin take the control. Anyway, there will be some obstacles before Bitcoin does so.
In my opinon, it's just an alternative to the fiat that, in the future, we will have the choice to use or not.

Sled

hero member

Activity: 1680

Merit: 535

Bitcoin- in bullish time

Quote from: reisuke24 on September 19, 2017, 05:14:33 AM

no i think, bitcoin cant control world's economy. but bitcoin can control us to always use this coin.
some country accepted and the other not. if one country not accepted bitcoin, so it cant be say 'control world's economy' its mean, one reject bitcoin you cant call it control worlds economy

Bitcoin will not control the world economy because there is no in charge person to do that because bitcoin is a full decentralized currency and that means that no one is able to control bitcoin or even dictate bitcoin so i think that even in the future and even bitcoin will completely become the most popular currency it can't still control or dictate the world economy.

megalith researcher

newbie

Activity: 25

Merit: 1

It's not something very difficult when the current economic system is a complete mess.

reisuke24

full member

Activity: 358

Merit: 100

no i think, bitcoin cant control world's economy. but bitcoin can control us to always use this coin.
some country accepted and the other not. if one country not accepted bitcoin, so it cant be say 'control world's economy' its mean, one reject bitcoin you cant call it control worlds economy

Sir Legend

sr. member

Activity: 1792

Merit: 255

Quote from: Carlsen on September 19, 2017, 03:40:39 AM

Bitcoin has become an investment, and investments can not controle the economy.
And controling the economy, isn't that exactly what bitcoin stands against with its decentralization and the anonymity?
I think that bitcoin was created in order not to have too much influence and power concentrated in one place.

Yes true, as long as there is no regulation of all countries about bitcoin then bitcoin will be like this, the price is indeed going up but we never know how long the price will continue to rise. bitcoin can not control the economy because there is no official agency that protects bitcoin.

Carlsen

hero member

Activity: 910

Merit: 501

Bitcoin has become an investment, and investments can not controle the economy.
And controling the economy, isn't that exactly what bitcoin stands against with its decentralization and the anonymity?
I think that bitcoin was created in order not to have too much influence and power concentrated in one place.

Kotone

hero member

Activity: 1372

Merit: 503

Quote from: thomasonil on September 14, 2017, 02:08:20 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.

I think that definitely bitcoin can effect the world's economy but I doubt that it would be today or soon as there are still countries that are not in favor or does not use BTC. When every country hs one and almost all have been using crypto then I really think that it can impact wverything.

PMmesexycoins

full member

Activity: 546

Merit: 102

Stake's discord https://discord.gg/cZhK9vp

Or rather it would be the ones that have loads of it who could control it? Not sure it's possible either way.

Budugbass

full member

Activity: 392

Merit: 100

Yeah it will be i guess, it is clear from its popularity & its advantages bitcoin proved to be able to push everyone's finance from its value that leads to height as time passes from previous years.

newlone

full member

Activity: 140

Merit: 100

It is hard to say that this is true while there are too many difficulties with the current BTC. When all countries ban it, it can't control the economy.

iamTom123

hero member

Activity: 490

Merit: 501

Quote from: Kisanaq on September 18, 2017, 06:40:51 PM

It takes more time to make bitcoin to control the world economy, we all know that the current world economic power is USD, almost all countries make USD as a valid foreign exchange measure until the first task of bitcoin is to beat USD.

Bitcoin has actually no ambition to control the world economy...control is something anathema to the very idea of the decentralized blockchain technology. What Bitcoin is giving us is the power of choices and to make the decision based on what can be for our own interest away from the rigid control of the authorities and the banking sector (especially the central bank system). I am not saying that we should topple the government and kill the central banks as they have their own rules to play.

The marketcap right now for Bitcoin and even the whole cryptocurrency market is not yet comparable to how big is the world economy so I am looking at Bitcoin as an alternative currency and store of value in comparison to big and international currencies we are using right now. It takes time for people to adopt and for anything to have a mainstream popularity...so we have to give more time for Bitcoin to do its job.

yusupjatigumilar

full member

Activity: 644

Merit: 100

In my opinion bitcoin will not be a weapon in the future because many countries do not legalize this virtual currency for security reasons, perhaps if the meaning of weapons in the criminal world is probably yes because many unlawful acts can be done with bitcoin.

Dudeperfect

hero member

Activity: 1190

Merit: 534

I don't think that Bitcoin will ever create any obstacle or threat for the existence of the fiat currencies but I am optimistic about the Blockchain technology and I am sure that many governments will launch their own cryptocurrency to compete with Bitcoin.

Yes, Bitcoin will be one of the mainstream payment options in the coming years and most of the people would use it but still, it would be far away from creating any threat for the fiat currencies. We might be able to surpass the volume of companies like VISA but controlling world's economy is difficult in my opinion.

Gotomoon

sr. member

Activity: 719

Merit: 250

Quote from: Kisanaq on September 18, 2017, 06:40:51 PM

It takes more time to make bitcoin to control the world economy, we all know that the current world economic power is USD, almost all countries make USD as a valid foreign exchange measure until the first task of bitcoin is to beat USD.

Yes it takes more time bitcoin can rule over the worlds economy. Dollar is the main use currency globally and it has been used by many since bitcoin is not that popular. So I don't think bitcoin will control the economy as it is not easy to make it happen with its votality and its function to a user.

Outlander

legendary

Activity: 1218

Merit: 1000

I don't think so at the moment! The one of the biggest economy - china is trying to regulate Bitcoin industry and put it under its control. It scare btc takes the place of fiat. I believe BTC will have a bright future and it could exist with fiat for a while.

Kisanaq

sr. member

Activity: 700

Merit: 277

It takes more time to make bitcoin to control the world economy, we all know that the current world economic power is USD, almost all countries make USD as a valid foreign exchange measure until the first task of bitcoin is to beat USD.

Topic: Bitcoin will control the world economy!!!!! is it true? - page 32. (Read 8924 times)