Bitcoin is not enough for that and it will just artificially ballooned the value of Bitcoin. But we can all use Bitcoin to buy goods or to shop online there is no question on that.
Topic: Bitcoin world currency - page 12. (Read 5797 times)
It is really impossible to buy all the goods or commodities in this world using one currency.
Bitcoin is not enough for that and it will just artificially ballooned the value of Bitcoin. But we can all use Bitcoin to buy goods or to shop online there is no question on that.
Bitcoin is not enough for that and it will just artificially ballooned the value of Bitcoin. But we can all use Bitcoin to buy goods or to shop online there is no question on that.
I think its happening already, we can see it where different people are offering diferrent service and goods.
Seeing how bitcoin works now, I think bitcoin is pretty good functioning along side with other currencies.
I think we can already call bitcoin as "world currency" .
Seeing how bitcoin works now, I think bitcoin is pretty good functioning along side with other currencies.
I think we can already call bitcoin as "world currency" .
I dont think so, we should consider the fact that for now most of the countries doesnt recognized bitcoin and its potentials , and people should accept the fact we cannot purchase all the commodities since estates are not yet acquiring bitcoin as a way of exchange since its volatile. 
It will happen and I believe that it's possible to happen. Not that too fast but later on every merchant is going to adopt and accept bitcoin as the payment for their goods and other stuffs that people will avail to them.
well, it is possible, but not very probable. Moreover, the economy would fall quickly. Since no one has any way of confirming that a wallet has a certain amount of Bitcoin in it, (If you own the private keys, that is) governments can’t tax Bitcoin.
is it possible that we can use bitcoins in buying all commodities not only in one country but the entire world? and how will this affect the economy?
I do not think this is possible. Bitcoin will remain the digital currency instead of the World Currency. is it possible that we can use bitcoins in buying all commodities not only in one country but the entire wold? and how will this affect the economy.
in future its possible to make bitcoin for currency, but today some country stiill not accept it.
is it possible that we can use bitcoins in buying all commodities not only in one country but the entire wold? and how will this affect the economy.
Nowadays, the world is developing high on the devious amount on the floor; there are also many investors believe that in the future Bitcoin will be a world currency and is well known. More, many analysts believe Bitcoin may be released in the future as the world's currency. is it possible that we can use bitcoins in buying all commodities not only in one country but the entire wold? and how will this affect the economy.
in future its possible to make bitcoin for currency, but today some country stiill not accept it.
I am not sure when we can use bitcoin as world currency because so far, there are only a few countries that accepting bitcoin although it still not a currency. but maybe in the future, if all country agrees to make one regulation for accepting bitcoin then we can see that bitcoin will be a world currency. until that time comes, I think we can prepare to collect as much bitcoin as we can so in the future, we can sell and buy bitcoin to save more bitcoin.
As of now, legalization of bitcoin has become very controvesial because even at it's dominance and global interests, still many are still not convince on its excellency, and many countries are still banning this currency in the market. I think this could be the hindrance of making bitcoin as a world currency, but I'm still hopeful that it's gonna happen in the nearer future. So, what we can do now is to do our part and be positive enough to face any struggles we may encounter. hero member
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I am not sure when we can use bitcoin as world currency because so far, there are only a few countries that accepting bitcoin although it still not a currency. but maybe in the future, if all country agrees to make one regulation for accepting bitcoin then we can see that bitcoin will be a world currency. until that time comes, I think we can prepare to collect as much bitcoin as we can so in the future, we can sell and buy bitcoin to save more bitcoin.
I agree bitcoin world currency there's nothing impossible bitcoin begin explore strong currency in cryptocurrency altcoins its easy use to buy anything even pay bills etc.
Yes it can be possible that we can buy all commodities from bitcoin worldwide but for that bitcoin needs to reach every person's home and this process will take a bit long time.
Yes it can be possible that we can buy all commodities from bitcoin worldwide but for that bitcoin needs to reach every person's home and this process will take a bit long time.
Bitcoin is now the sixth most circulated currency in the world, behind five super powers, and outranking the Pound, the Ruble, and the Won
is it possible that we can use bitcoins in buying all commodities not only in one country but the entire wold? and how will this affect the economy.
Bitcoin is used as transactios by many and it is really great and started already and this field of cryptocurrency is more developing.However more people in the future will surely value and make it as a world currency.It is all alternative for paying and transacting easily through internet
Yes we should be patient of waiting in bitcoin to be our worlds currency it may take time to be on that way and if you can't wait of it find some shops that are accepting bitcoin to pay them and as of now I know that many shops now are working on it to be their second currency that they will accept so don't be aggressive on pushing on to it.
is it possible that we can use bitcoins in buying all commodities not only in one country but the entire wold? and how will this affect the economy.
Bitcoin is used as transactios by many and it is really great and started already and this field of cryptocurrency is more developing.However more people in the future will surely value and make it as a world currency.It is all alternative for paying and transacting easily through internet is it possible that we can use bitcoins in buying all commodities not only in one country but the entire wold? and how will this affect the economy.
yes it is possible but the effect of it is more industries will be lost some of their branches or else they will become down.but if bitcoin can be use for that it was become great.
I think, Bitcoin is still difficult to replace the role of conventional currency, in general bitcoin currently exists as an alternative currency.
Although in terms of function, Bitcoin qualifies as a means of payment like instruments of exchange and paying equipment such as gold, diamonds, banknotes, stocks, commodities whose value is a general consensus of acceptance and public trust.
Although in terms of function, Bitcoin qualifies as a means of payment like instruments of exchange and paying equipment such as gold, diamonds, banknotes, stocks, commodities whose value is a general consensus of acceptance and public trust.
Bitcoin is accepted all over the world irrespective of government position on it. Many country which their government did not support the use of bitcoin are still transacting in some are using bitcoin. Since this create employment for people in the world it means it boast the economy of the particular country.
is it possible that we can use bitcoins in buying all commodities not only in one country but the entire wold? and how will this affect the economy.
Recently you still can not use bitcoin as payment in entire country in the world. Mostly country nkt regulated bitcoin yet as payment. Bitcoin only regulated in some country but not all.Jump to: