Bitcoin will control the world economy!!!!! is it true? - page 9.

people12345

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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.

Yes i agree, It is possible that bitcoin would be the main medium to control the entire economy because in our day bitcoin has almost control the economy of the other particular country but, we all know that in crypto world there are so many instances that could stop bitcoin such as the unstable price of bitcoin that could be the main cause of falling bitcoin.But technically, many people depends on bitcoin, they take the bitcoin as their main source of their funds. So, we expect that most of the people specifically bitcoin user would agree on this kind of situation.

Eigig

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I do not think bitcoin will control the world economy, there are many factors that control the world economy not just the financial group, but also the social group ,so as part of the bitcoin it will only take part of the world economy but not totally.

fernandoclause

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oh really this is very frightening, if in the next few years bitcoin manages to dominate the world economy, I hope the impact of inflation is not very large, if the impact of inflation is very large there might be many poor people like me who will be choked and crazy

becak mesin

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I don't think so.
Bitcoin is not currency, is not like a virtual or fiat currency such as dollar, Rupee, Rupiah and etc. It is not controlled by any authority, as the base foundation is decentralized system. So, it can not control the world economy. However, it has much effect to the stability of the world economy, because the users increases significantly day by day. I would like to wait and see what will happen in the future if bitcoin used by every one.

Jimitieu

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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.

I think that could happen but it will take a long time for us to see that because people are still afraid of cryptocurrency. And there are also a lot of hardships that prevent crypto from becoming an official currency as well as a kind of asset that will be recognized but we will still believe in a good future.

stiffbud

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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.

Bitcoin is can affect world economy but not it not control as much as fiat currency affects. Bitcoin is a investing tool and this thing affects the world economy by separate affect all county economy. It is a volatile currency so their is an ups and downs comes in its market price its affect an country's share market value and this thing ultimately affects the world economy. Bitcoin work with many government to solve their economy related problems and also help them to improve their economy by decreasing the unemployment issues present in their country and this thing positively affects the world economy and its association with many big multinational companies also affects its market price.

Agapelove

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No, it won't. Bitcoin could revolutionize several traditional and existing systems in our modern days. The blockchain where bitcoin has been built is the technology of the future. However, bitcoin will not control the economy, it would only help improve the processes within the economy.

Gumpfire

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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 will take a long time before bitcoin will control the world economy because for now bitcoin and other cryptocurrencies has a low price in the market. That is why a lot of people are complaining that all of their holdings are very low.

itsik78

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Already today Bitcoin has its place in the world economy and is capable of exerting influence on it, if not indirectly, at least indirectly. To date, the most obvious trace of influence is two. The first is the crowding out of generally accepted Internet payments through services like PayPal or bank cards from the Internet
The second level of crypt pressure on the economy is the shift in the investment balance. Simply wild quotes of a number of the largest crypto-currencies make the profits that they give out to the investor, the practical ones are unattainable for more classical methods of creating a portfolio of investment passive income.

dulinivanrus

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Rather, the economy will control bitcoin but I think it will be the main economy )

Wajan

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it can happen, bitcoin can definitely control the economy in the world, bitcoin income is a lot, surely the bitcoin currency will control the economy in large countries

laracastvue

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Quote from: rickyNmorty on August 24, 2018, 07:51:18 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.

This thing is mot impossible to happen. Today those who manipulates economy are the first world countries in which they are the one who has high value of money. And if the time comes that bitcoin value will rise, masses will love tomuse it and with this even big time Investors will be engaged in using bitcoin. Bitcoin is really powerful.

Yes i believe it can be the tool to manipulate the economy since it gives people the wealth in order for them to have freedom in their daily life.

rickyNmorty

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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.

This thing is mot impossible to happen. Today those who manipulates economy are the first world countries in which they are the one who has high value of money. And if the time comes that bitcoin value will rise, masses will love tomuse it and with this even big time Investors will be engaged in using bitcoin. Bitcoin is really powerful.

bitbunnny

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Bitcoin can't control world economy, this is an illusion.
The number of coins is limited, it's not legaly regulated in majority of countries and it's not designed to be mainstream currency. Traditional economy is based on completely different principles compared to Bitcoin and no government or country would give up their own national currency.

nambunamba

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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.

You should not believe too much on what media saying in internet, i do think cryptocurrency is a good instrument of economy and it will become important indeed but to control world economy is too bullish and seems hard to be true. You should read more about development of cryptocurrency so you know what recent development.

James_H

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Cryptocurrency will control the world economy in the future, I think this will definitely happen, because the old currency system is no longer efficient and performance cannot be equivalent to Cryptocurrency. Bitcoin can control the world economy and maybe bitcoin will be used as one eyenew money for all countries even though for now, there are many different arguments for bitcoin, I think in the future, all governments will agree to use bitcoin as a new currency .

GangNamSK

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Quote from: anti76 on August 22, 2018, 02:43:17 PM

I think this is too exaggerated. In the future, of course, bitcoin will have power but not now. It's too early to talk about it

It is currently a hot issue of the market. People are racing to invest and participate in the campaign to spend good profits. However, to say the latter bitcoin to control the world economy is not necessarily. As more and more elements are developed to generate more money. It's like new games come out and later games have more new ones.

Haji Rambo

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pumbum

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I think if people write such things in the media, it is best to have any submissions for such messages

Andrej Peiboski

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The bitcoin in theory is uncontrollable, unless you own 50% of the blockchain (which is practically impossible).
At the moment the capitalization is very low, so the whale movements have heavy effects.
When bitcoin is more widespread, it will be increasingly difficult to manipulate prices.

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