can bitcoin govern the whole world? - page 11.

Yatsan

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Quote from: arthur25 on January 16, 2018, 01:56:31 AM

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 can't see bitcoin governing the world since less than 50% of the population uses it or maybe less 30%. Aside the bitcoin is limited and even its price would hit 50K US dollars that wouldn't be enough for the billions of users. The banking system around the world are pretty similar to each other and cannot handle a virtual money with no assurance and backed up by nothing.

Boi qaaf

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I think it is difficult to break through the governments of these countries. The banking industry will also stop bitcoin. Perhaps with the development and expansion of the encrypted currency community, bitcoin will be used more in the business field in the future.

Boi qaaf

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Bitcoin has changed the market a lot. Not only it created a whole industry with professionals, rules of the game but also made it possible for ordinary people to earn money. It`s risky but life is a risk, you know. That`s the change that bitcoin brought to the world.

fire rab1

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Bitcoin will be the currency that people of every country will use and we can see Bitcoin can help in some country's economy. Bitcoin is decentralized digital currency. Which means free from government. Government will not allow it for sure.

crossabdd

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The first time bitcoin was created was for it guys, assisting in transactions, payments and sending currency with a broad reach, quick, easy, and low cost. but the value and purpose of bitcoin continue to shift to this day and bitcoin no longer functions as a digital currency that helps transactions, payments and delivery of fiat currencies. Bitcoin turns into a means of investment and commodities on the internet. so now bitcoin serves as a future investment for the country and the world.

jpespa

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not actually. Bitcoin can surely become the best digital currency used by many countries or it can dominate the cryptocurrency world but it can never govern the whole world. Fiat money will always be the most needed money in all types of transactions since this is the origin of each countries medium of exchange.

kiky03

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Bticoin can be the future of currency and can be widely accepted, but it's to ambitious to say that bitcoin can govern currency. Bitcoin can co-exist with existing currency and different forms of payments. Bitcoin maybe the future, but there's still a vast possibilities of events in the future that may affect bitcoin, which is mostly positive. This maybe decided on how widely can the public can accept bitcoin.

pilnenkii

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Hello everybody! Of course, in the future, it can manage the entire world and all payment systems. In my opinion this will happen in the near future.

thankyoulord

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No, bitcoin can not govern the whole world because most do not accept it. The banking sector will also kick against it. So it will be very difficult for bitcoin to govern the whole world...

stayeduptolate

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Quote from: arthur25 on January 16, 2018, 01:56:31 AM

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.?

As it feels so good by only imagining all these thing and just consider what if all this come true and i guess this will definitely come true in the coming future because the speed to which the bitcoin is moving in the world of economic market simply suggest that the day is not away when bitcoin will be declared as central currency by the entire world and will replace the paper currency and everyone will transact in the form of bitcoin only , there will be crypto currency all around and bitcoin will be the king of them, some countries has adopted while others are remaining to understand the real potential of bitcoin.

FOUAD1994

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anar yiwen ihi

HunterBTC

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Bitcoin can manage the finances of every country that has legalized it but, I do not think Bitcoin can regulate the interest of all the countries in the world because every State has its own rules or laws concerning the economy or the structure of state finances. If Bitcoin will hold a concession to every country in the world it seems necessary to review it repeatedly with considerable consideration in every country, as it will inevitably affect the laws and regulations pertaining to finance and the economy. In my opinion like that.

javainn

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to set the whole world I think bitcoin is still difficult. but if bitcoin is used to change the world economy is bound to happen, because now bitcoin is still one of the coins that have influence around the world.

Glutius

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Now bitcoin is in a rather unstable situation. He is a young cryptocurrency, which is almost nowhere yet accepted, and he will need a lot of time for the development and serious impact on the world economic society.

Keeminakar

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At the moment, bitcoin can not have a serious impact on the economy or business. But in the future it will be an excellent working tool for financial affairs.

ondabeat

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bitcoin to organize the whole world as a means of payment. This is Because acceptance of bitcoin as a legal means of many payments is still in serious obstacles as many Governments are not ready to legalize its use.

leavefifa

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It is very difficult for Bitcoin to dominate the entire world. Now, many people have realized the value of the Cryptocurrency market. There are many investors who have invested heavily in this market. But each coin has its own characteristics. In addition to Bitcoin, the altcoin also has an important position on the Cryptocurrency market. Thus, Bitcoin plays a key role in the Crypto market and can not dominate the entire world.

baho11

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As bitcoin continues to be popular and can be adopted to some countries it would not be harder to govern the whole world .If the whole world adopted bitcoin as a virtual crypto.currencies it would be easy and useful for so many people to transact .

EinaiOraCoinDev

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may be one day butcoin will govern the world. I think bitcoin will be global currency in future. people of all over the world involving bitcoin day by day instead of paper fiat money.

maximkretov

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of course he can but at the moment, not now because throughout the country, crisis and through time throughout the country, all will rise to the top, and of course bitcoin. some people think that if bitcoin fell then it will not go any further but no people are wrong because it is even good that bitcoin fell because if it fell but it will rise twice three times the beam and the prospects!

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