Topic: can bitcoin govern the whole world? (Read 1993 times)
This is impossible bitcoin and all the crypto currency has a very meager impact on the world
These thoughts are utopian. There is no such thing. Bitcoin is a digital currency. It is not being.
A digital product with a price of 8k. Diamonds are very precious metals. Can diamonds capture the world? Absurd.
The important thing is blockchain. This system will change many things in our lives. The banks are struggling to get through this system. Many projects are produced through this system.
Crypto money is only investment tool.
A digital product with a price of 8k. Diamonds are very precious metals. Can diamonds capture the world? Absurd.
The important thing is blockchain. This system will change many things in our lives. The banks are struggling to get through this system. Many projects are produced through this system.
Crypto money is only investment tool.
In my opinion it will not govern the whole world even it has a great impact in the economy to the different countries.
Why? Because of the following reasons:
1. The government think it's illegal and can use to fraud, scam, and to funds for serious crimes.
2. Not all people will conveniently use the digital currency specially those more than 60 years old, they will still prefer to use the fiat money.
Why? Because of the following reasons:
1. The government think it's illegal and can use to fraud, scam, and to funds for serious crimes.
2. Not all people will conveniently use the digital currency specially those more than 60 years old, they will still prefer to use the fiat money.
Nowadays bitcoin reach other countries and it is use in some transactions and very helpful in some country's economic.
What you can say?
Can bitcoin govern the world of business market, govern the world of every payments as it is moving to make it the future money.?
I will update my post later. What you can say?
Can bitcoin govern the world of business market, govern the world of every payments as it is moving to make it the future money.?
Bitcoin have helped many investment and they have take much profit with bitcoin by invest bitcoin for several years. We have seen many investors have bough bitcoin been a new rich person. But so far have negative effect from the government who want to banned bitcoin as payment system and legal transaction. If bitcoin give some space on one country, there are will be most people could help by bitcoin, where will giving more chance to take work with bitcoin.
Nowadays bitcoin reach other countries and it is use in some transactions and very helpful in some country's economic.
What you can say?
Can bitcoin govern the world of business market, govern the world of every payments as it is moving to make it the future money.?
What you can say?
Can bitcoin govern the world of business market, govern the world of every payments as it is moving to make it the future money.?
Nope, There are still Places in the world that prefers fiat money or still lives the old way, Implementing Bitcoin as a new mode of payments will eventually give a hard time in poor places and people who cannot afford internet and smartphones.
I'm not sure if bitcoin can set the whole world because basically bitcoin is a digital currency, although it can be used for online transactions. not all countries are bitcoin users and the government will not easily accept it, how about the poor to pay for every transaction is rather expensive, and what if the internet network broke up, it will only make them difficult.
Nowadays bitcoin reach other countries and it is use in some transactions and very helpful in some country's economic.
What you can say?
Can bitcoin govern the world of business market, govern the world of every payments as it is moving to make it the future money.?
I'm sure someday Bitcoin will organize the whole world. Yes, Bitcoin can manage because Bitcoin will provide many benefits to the whole world. Everyone in the world will experience a better life. Maybe now many countries are banning Bitcoin but someday everyone will recognize the sophistication of Bitcoin. What you can say?
Can bitcoin govern the world of business market, govern the world of every payments as it is moving to make it the future money.?
maybe ya, because now bitcoin has dominate the trading market in digital world, and also its users are increasing, so bitcoin will probably manage the whole world..... 
To the extent I am concerned the legislature wouldn't permit it since it will just profit the majority of us here utilizing or putting resources into bitcoin. Since in the event that you take a gander at it by what other means are the neediness individuals, and the individuals who don't know how to utilized bitcoin will pay their installment, and the most noticeably awful consider the possibility that there is no power or web interface then by what other method are we going to pay or purchase products or administrations.
I think it will be difficult because some countries actually ban bitcoin. And it is not impossible other countries will also follow to ban bitcoin. To be sure the government and banking do not agree that bitcoin as currency, because bitcoin does not qualify for it.
I think bitcoin still can not manage the economy and business, maybe bitcoin role only still limited as a means of payment.
Nowadays bitcoin reach other countries and it is use in some transactions and very helpful in some country's economic.
What you can say?
Can bitcoin govern the world of business market, govern the world of every payments as it is moving to make it the future money.?
it has a huge possibility that Bitcoin will be the number 1 currency in the whole world .What you can say?
Can bitcoin govern the world of business market, govern the world of every payments as it is moving to make it the future money.?
and if Bitcoin has a 100% security like anti Hack .. all government will pick it
but i think all the banks are against cryptocurrency.
why do not we like it all we can prevent. That might be the bitcoin to carry as well as the government we can not do that we have to follow it because I really want bitcoin to get the government and government all over the world. it is better for all members and also for people not to have difficulty waiting for a digital currency and making digital processing easier for everyone and is not hard-earned in all countries.
Bitcoin is impossible before revolutionary technology is developed, at least not in the current financial system.
The current liquidity of bitcoins is not comparable to traditional currencies, and there is still a long way to go to become a common currency.
The current liquidity of bitcoins is not comparable to traditional currencies, and there is still a long way to go to become a common currency.
It is very possible. Currently other fields have begun to adopt blockchain technology and it is not impossible for the future also adopted bitcoin. Besides bitcoin also can not be controlled by anyone, only the current constraint is government. How to make bitcoin acceptable by the government throughout the country.
I think not for now, bitcoin has still a lot of things to improve further. It needs to improve it's transaction speed and transaction cost at a very competitive price. It's volatility is unpredictable that you may not able to analyze it's market trend. I think maybe in the near future bitcoin may be able to become the first digital currency with wide acceptance in the world and it's mass adaptation on it's blockchain technology that would be use and adopted globally.
We always appreciate the technological development. Bitcoin is also a technological invention of this era. Many people have involved with BTC. But to make it generalized form, it have to spread to every hand. It only traded on online system. Many people all over the world do not use online platform. So, to reach themselves BTC should have conventional form like paper money. Beside these the volatility of BTC is very high. It needs to be stable to generally accepted by people.
But I am very much optimistic.
After recovering all shortcomings BTC will rule the whole economy of the world and will become main mode of payment.
But I am very much optimistic.
After recovering all shortcomings BTC will rule the whole economy of the world and will become main mode of payment.
Bitcoin still has no power to govern the whole world because bitcoin itself is still much doubtful by some people and is still banned by government in some countries. Bitcoin is the electric money and digital currency invest by people all over the world.Bitcointalk can help us to have an additional income.
Bitcoin will be used more in the business field in the future.Government will not allow it because it will only benefit most of us here using or investing in bitcoin.If you look at it how else are the poverty people and those who don't know how to used bitcoin are going to pay their payment and the worst what if there is no electricity or internet connect then how else are we going to pay or buy goods or services.
Nowadays bitcoin reach other countries and it is use in some transactions and very helpful in some country's economic.
What you can say?
Can bitcoin govern the world of business market, govern the world of every payments as it is moving to make it the future money.?
What you can say?
Can bitcoin govern the world of business market, govern the world of every payments as it is moving to make it the future money.?
I dont see bitcoin or any crypto ever governing world payments even though its been being adopted a lot more recently. Governments will always have centralized currencies that they can control. Furthermore, countries need centralized currencies in order to control and improve their economies. i.e. oil is only bought and sold with U.S dollars.
Jump to: