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Topic: Bitcoin will control the world economy!!!!! is it true? - page 4. (Read 8924 times)

newbie
Activity: 42
Merit: 0
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. 
maybe in the future bitcoin will be able to control money in the world, because it is proven by entering and learning the beginners in the world because they believe that bitcoin will be the most widely used in the future.
hero member
Activity: 1120
Merit: 507
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 and this might gonna happen after a few years of crypto existence, crypto now is popular in the world and lots of people have involvement in cryptocurrency cause they knew and believe that crypto will have a big contribute in ht future so people keep learning how it works.
I my opinion, the word control is not a very proper word. It rather makes Bitcoin look like a currency sent by Aliens to take over the economy of the world. However, yes the majority of the finances might be handled by using Bitcoin as it further grows and spread across the borders.

The technology is already very much prevalent in the US and Europe and people spend their whole livelihoods to make more and more money in Bitcoin. This isn't good in a sense because there might occur major faults in the internet system as well which can hinder the economic activity of any country. Political interests counts a lot as well.
jr. member
Activity: 94
Merit: 2
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.  
In my opinion, bitcoin is considered as the tool for payment. It would be the next future currency. We don't have to carry cash when going out. It would reduce the time of the transaction as well as securer. Whenever it got accepted in all of the countries, the economy would be promoted significantly. Because we only use bitcoin like a common currency for trading everywhere in the world.
I think no there's no way bitcoin control the economy i am pretty sure it can destroy the economy if it is mismused without paying taxes.
sr. member
Activity: 588
Merit: 254
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. 

There is a possibility that bitcoins might control the world economy in the future since most of the people are preferring cryptocurrency due ot its price that keeps on increasing more than the banks that has a low amount of increase every year.
I don't think so. There are a lot of reasons for me going against this extremely exaggerated statement spread by someone. This is totally a fake news about bitcoin.
Difference of my opinion doesn't mean that I am thinking pessimistic but yeah I am realistic. Bitcoin at it's current protocols don't have the strength to carry the pressure of world economy and we have experienced it in 2017. When there was a huge adoption of Bitcoin and people were buying it and storing it we saw the transactions being delayed by days and days, this adoption was not even two percent of the world population.
Until and unless the issues regarding bitcoin protocols are not solved, it can't bear to control economy of a single country.
full member
Activity: 368
Merit: 104
yes it could happen but in my opinion it still takes a long time because there are still many people who have not been able to accept crypto, but when seen from its development lately crypto can still be said to be good maybe the government is still not able to accept cryptocurrency, and my hope in the future the crypto community can be better and develop and hopefully the government can accept crypto as a new payment instrument in the digital world.
Economy is based on the GDP rate and governments are using their own currencies called as fiat. They do not want to make the Bitcoin or other crypto coin as a default currency as they have no interest with it but they have huge interest with the currencies they have designed to run in countries as payment mode and other functions.
newbie
Activity: 77
Merit: 0
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.  
In my opinion, bitcoin is considered as the tool for payment. It would be the next future currency. We don't have to carry cash when going out. It would reduce the time of the transaction as well as securer. Whenever it got accepted in all of the countries, the economy would be promoted significantly. Because we only use bitcoin like a common currency for trading everywhere in the world.
I think yes it can bitcoin has power of controlling world economy. It decrease the number or poverty people can make hug profit with few investing with bitcoins.
newbie
Activity: 14
Merit: 0
I know that bitcoin is only part of world economy ,it contributes to the world economy. I can respect your opinion about Bitcoin. so in my opinion we can wait for time whether BTC or Crypto can really lead the economy in the future or not. thanks
member
Activity: 420
Merit: 11
Such a development of events will become possible provided that the governments of developed countries agree with each other.
newbie
Activity: 28
Merit: 0
That is just speculation, the future of the crypto market is rather vague and the predictions for bitcoin are surplus. Reconsider reality to make the right judgment.
newbie
Activity: 28
Merit: 0
I haven't thought about that yet. But this is a good idea. With blockchain technology, bitcoin can join the economy of the world.
member
Activity: 210
Merit: 17
It is too early to say now. The total market value of cryptocurrencies is now nothing in the world economy. When Bitcoin rose to $500,000, perhaps Bitcoin could control the global economy.
newbie
Activity: 123
Merit: 0
Why British Airways Needs to Switch to Blockchain!!

https://pumapay.io/british-airways-blockchain-technology/
member
Activity: 248
Merit: 10
The Exchange for EOS Community
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. 

There is a possibility that bitcoins might control the world economy in the future since most of the people are preferring cryptocurrency due ot its price that keeps on increasing more than the banks that has a low amount of increase every year.
Yes its true that bitcoin keep growing but to control the world economy i dont think so. Bitcoin would become one of the best choices in investments but to control world would be best achievement and it would be hard to be true. But i truly believe bitcoin will be a major things in our transaction in future.
hero member
Activity: 1456
Merit: 567
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. 
If you give the source link or the article information and also the opnion behind your statement above, it would be better. So we will be able to discuss it better.
member
Activity: 322
Merit: 10
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. 

There is a possibility that bitcoins might control the world economy in the future since most of the people are preferring cryptocurrency due ot its price that keeps on increasing more than the banks that has a low amount of increase every year.
newbie
Activity: 69
Merit: 0
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.  
In my opinion, bitcoin is considered as the tool for payment. It would be the next future currency. We don't have to carry cash when going out. It would reduce the time of the transaction as well as securer. Whenever it got accepted in all of the countries, the economy would be promoted significantly. Because we only use bitcoin like a common currency for trading everywhere in the world.
member
Activity: 672
Merit: 14
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. 
The world's economy is affected by numerous factors that come to play, hence Bitcoin alone cannot affect the world's economy. The technology behind Bitcoin offers great advantages which include the creation of job opportunities for the people and as such, contributes positively to the world's economy.
sr. member
Activity: 1162
Merit: 251
That is not true , bitcoin is only part of world economy ,it contributes to the world economy , but it will not controlled the total world economy , there are many contributing parts of the world economy and bitcoin is just part of it , so bitcoin is really of help to world economy
Absolutely agree, bitcoin is a part of the world economy, helping some people get good profits, but bitcoin will never control the
economy in the world, there are many aspects that will affect the world economy, bitcoin is only a small part
member
Activity: 272
Merit: 10
Easy Digital Payment for the Future
I don’t think it can control the world economy because not all countries are using bitcoin and there still more people using fiat than bitcoin. And also the government will not allow it if they cannot get any profit from it.   

bitcoin is the best alternative if many countries go bankrupt, every year there are countries that experience this and we can see in Venezuela who really want to adjust crypto officially in their bureaucratic system.

fiat is not always stable and full of systemic economic engineering, in the end many will realize that this cannot happen for the long term and eventually look for other alternative sources, if they have made altcoin themselves and can run smoothly, then bitcoin will have the potential to be real conversion center as price and benchmark controller.
full member
Activity: 434
Merit: 100
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. 

Maybe that can happen but many countries will not approve the use of bitcoin as a medium of exchange and this will greatly make it difficult for bitcoin to be developed.

I am not a specialist in the economy that is why I cannot give you an answer as a professional. However, as a usual trader, I can say: it will not happen, BTC cannot control the world economy.
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