Topic: Bitcoin world currency - page 6. (Read 5841 times)
There will be only 1 universal currency and it wil be bitcoin. Though there are going to be a lot of compettion but the due to network effect BItcoin is gonna rule them all.Lot of people cry that it is slow and expensive are just morons who instead of contrubuting to it spreads negative things. Bitcoin is developing not developed. There are lot of things to be implemented before it becomes the true universal currency.
Already known bitcoin to be decentralized not just only that but not belong to a particular country of the world. That means bitcoin is already world currency weather you like it or not.
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 does have the huge potential to become the world currency because there are a lot of people who are interested on investing in it and only the government will be the problem if they will ban bitcoins in their country.
your thinking is pretty good, but it is not possible to buy commodities around the world using bitcoin, because this is what governments fear in almost all the world, people are starting to leave fiat money in the real world and start switching digital currencies. the core bitcoin can not be controlled there are many weaknesses but many also have advantages
Yes bitcoin is world currency. It reach the all country people. So people any where to use the bitcoin. People learn more information from bitcoin. It good investment. It change the people life. It help to future saving. It long time to hold. You get more profit. Nowadays most the country people use the bitcoin and hold the long time to invest.
your thinking is pretty good, but it is not possible to buy commodities around the world using bitcoin, because this is what governments fear in almost all the world, people are starting to leave fiat money in the real world and start switching digital currencies. the core bitcoin can not be controlled there are many weaknesses but many also have advantages
I agree in using it to buy all that we need but we can't use it in some country like here in my country some establishment that we here we can use it to buy some stuffs that we needed and more establishment that do we have don't accept it yet. That's why it is not so far that it will take some more time to be more legalized in order to use in our daily transaction that we need to buy and pay things.
For me, it is happening now but only in the cryptocurrency world. Even bitcoin is popular and costly there are still some company, establishment, and country that don’t accept and allow bitcoin for some reason. We all know that bitcoin’s capability is superb that you can use it to transact your money and buy some things anonymously that is the main reason why some country ban bitcoin because of that, we also know that in every state they have their own jurisdiction and laws. So if you compared the real money into bitcoin and another cryptocurrency bitcoin and another cryptocurrency will not win over the real money. 
This will affect well, but there are difficulties with the transfer of dollars to bitcoins and back, because these operations are removed a significant commission and we lose money.
You know that's a good idea but today it still impossible especially now that it face some problems... There are a lots of time will need to pass just to earn its trust in everyone of us... Some country still didn't recognize its worth... But still we are hoping that someday they will understand its big purpose and advantage... After we live in modern world and that means jt is easy to advertise the uses and importance of cryptocurrency especially BTC to us...
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 – Mark of the beast, one world currency.
It would make sense that a cryptocurrency would be used to usher in a one world currency and the antichrist. Logistically, you could never have the same paper fiat all over the world acting as a one world currency. It would have to be a digital currency. However, the fact that Bitcoin, the block chain, is decentralized, makes one wonder if it could be controlled by the antichrist. The antichrist would have to take over the internet.The fact that it is on the network, your account can easily be disabled, preventing you from buying and selling, unless you take the mark of the beast.
So, whether or not Bitcoin, or some other cryptocurrency ends up being the one world currency remains to be seen, however it is a very high probability that it will be a digital currency, and not paper, or gold or silver.
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.
I think for now, it is impossible. Since some of the government in some countries doesn't see any good in bitcoin. They can't see the advantages of the bitcoin in the world. It is not easy to change only one currency in the world. Since our country have different levels in economy. Maybe in the future, if bitcoin will be more establish that's the time we can buy everything in the entire world.
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.
I think for now, it is impossible. Since some of the government in some countries doesn't see any good in bitcoin. They can't see the advantages of the bitcoin in the world. It is not easy to change only one currency in the world. Since our country have different levels in economy. Maybe in the future, if bitcoin will be more establish that's the time we can buy everything in the entire world.
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.
I think we don't need tor rush right now. The reason they are implementing many solutions for the issues of bitcoin is that they are looking forward to these developments. I think it will be possible after years of finding solutions to the problem of transacting and using bitcoin. In terms of economy, I think bitcoin is helping the economy of one's country because bitcoin are creating new millionaires to people.
Of course, bitcoin will be the world currency in the future. Because, it has made a big name in the world. Through which people are being benefited and through it people have lived a good life. Bitcoin is one of the things through which people are doing business.
Less suitable if later bitcoin in call the money. the nature of money is not representative of bitcoin. more precisely for now this bitcoin is a digital asset not a currency
It s possible since some business transaction today accept bitcoin as payment. However it will be a long process since all countries have different 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.
I think we don't need tor rush right now. The reason they are implementing many solutions for the issues of bitcoin is that they are looking forward to these developments. I think it will be possible after years of finding solutions to the problem of transacting and using bitcoin. In terms of economy, I think bitcoin is helping the economy of one's country because bitcoin are creating new millionaires to people.
I think, Bitcoin is still difficult to replace the role of conventional currency, in general bitcoin currently exists as an alternative currency.
Bitcoin is now under the development, then I think the countries part is to take their action how to apply tax with their people using bitcoin. Regulation is the part of the government to make the economy better alongside with bitcoin.
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.
as far as I know it can, if bitcoin is used to buy a need we have to have by buying transaction and you buy goods then can. Jump to: