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Topic: can bitcoin govern the whole world? - page 17. (Read 1995 times)

newbie
Activity: 98
Merit: 0
April 21, 2018, 10:09:05 AM
Yes, but it can take quite some time.
Bitcoin has brilliant opportunities to manage the global currency and a positive impact on the world economy. He has the ability to dramatically alleviate poverty in the world.
legendary
Activity: 1386
Merit: 1001
April 21, 2018, 10:08:27 AM
Bitcoin is not yet so popular and used around the world to talk about governing the whole world. Yes it is the most successful crypto currency right now, and also I agree that its price and value are really high and that it keep growing fastly as well, but compared to fiat currencies Bitcoin's usability still very low and most people worldwide still not even heard about it.
full member
Activity: 378
Merit: 100
April 21, 2018, 09:43:25 AM
I think it's still very difficult for bitcoin to master a country's transactions because of the frequent occurrence of problems between the government and enthusiasts so evaluation also needs to be discussed well without any threats.
full member
Activity: 392
Merit: 100
April 21, 2018, 08:33:35 AM
It will only govern the developed countries as most under developing countries will still struggle to implement the technology
sr. member
Activity: 896
Merit: 268
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April 19, 2018, 11:39:50 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 wouldnt use the word govern but definitely, bitcoin is the future currency. It bill take over paperbill. Specially on this age of technology, where online transaction is the most convenient way to do transactions. Dont worry about security. Bitcoin wallet has a very secure way of keeping it. And being ahead of others will definitely give you the boost you need to be aahead of the other investors.
newbie
Activity: 43
Merit: 0
April 19, 2018, 11:25:25 AM
Yes, but it may take quite a long time.
Bitcoin has the shining potentials of governing the world currency and influencing the world economy positively.it had the capacity of drastically alleviating the world poverty.
All this and more can be possible where it is embraced and accessible.
Money rules the world and bitcoin is money, so I think it's possible...
sr. member
Activity: 812
Merit: 251
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April 19, 2018, 10:11:41 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.?
exactly. Bitcoin will be the most used currency in cross-border transactions. It is very useful for international business. It greatly reduces the cost of transferring money. This is why the price of bitcoin is very high at the moment. Its price speaks for its usefulness at present and in the future.
newbie
Activity: 16
Merit: 0
April 19, 2018, 10:06:58 AM
bitcoin as a source of income and bitcoin provides a good opportunity to meet our daily needs if Bitcoin can not scale, or do so at a very slow pace how it can govern the world one of which is for fast transactions and low transaction costs, if transaction costs can be seen , then bitcoin will be the future money for everyone else possible crypto currency will be used globally, and may be considered as future money.
full member
Activity: 280
Merit: 100
April 19, 2018, 05:23:33 AM
Crypto currency is a unique, radically new generation of electronic money that is created and operates exclusively on the Internet. This currency is not controlled by any state and is not produced by any authority. Turnover of crypto currency is carried out by the work of many computers around the world due to the use of one single program.
full member
Activity: 854
Merit: 101
April 19, 2018, 05:17:57 AM
Governments and banks started to ban and regulate bitcoin in many countries,
This is due to bitcoin capacity and capability to govern the whole world.
Bitcoin is better to have for the people than FIAT who controlled by elites.
full member
Activity: 364
Merit: 101
April 19, 2018, 05:10:06 AM
Crypto currency is still popular for the same reasons as before. Actually, nothing has changed, except that the number of users of the network bitcoin is now growing faster. Most likely, calculations in bitcoins will take a significant share in the total mass of settlements that are conducted in currencies or other assets. Already, bitcoin transactions are used not only by private individuals, but also by large international corporations, so it can not be ruled out that information on interstate transactions involving bitcoins will soon appear.
full member
Activity: 378
Merit: 101
April 18, 2018, 01:17:51 PM
I doubt if that can happen at this time, because bitcoin can not even fully perform the function of payment means, that is, used as virtual digital money. Also, bitcoin is decentralized digital currency which means free from government. Bitcoin are global currency,wherever country you are,you can use and invest in bitcoin but it doesn't mean that it will rule and govern the whole world. Government will not allow it for sure.
full member
Activity: 224
Merit: 100
March 28, 2018, 06:56:59 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.?
If bitcoin happens to be the global currency and if bitcoin have been accepted by many countries, then bitcoin can make a big difference and has the chance to govern the world of digital currencies.
newbie
Activity: 26
Merit: 0
March 27, 2018, 11:44:28 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.?

Bitcoin has made a good impact to different countries because of its benefits and advantages in this modern society. But, from my point of view, it cannot stand alone as to others would still prefer to use fiat money on their transactions. Yes, it is easy to learn and is user friendly, but say for those who doesn't own internet, smartphones, or is not tech savvy; i think these would be a hindrance for them to adapt.
jr. member
Activity: 49
Merit: 2
March 27, 2018, 11:08:42 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 do not think that bitcoin will become as popular as cash worldwide. I will still be happy it is able to replace online payment systems like Paypal and credit cards. A lot of improvement is required for it though.
sr. member
Activity: 728
Merit: 250
Look ARROUND!
March 27, 2018, 10:47:13 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.?
Bitcoin with blockchain technology can indeed be very useful in many areas of activity. But not all countries are ready to take bitcoin, this takes time. I think we will come to the fact that we can use crypto currency as a means of payment.
member
Activity: 207
Merit: 20
March 27, 2018, 10:43:59 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.?

First of all, there never was one currency govern the whole world ( never it was just dollars or euro or gold) secondly, with the rise of btc many other similiar currencys where following so maybe we should ask ourselves if one day, maybe cryptcurrencys will be the main payment methods, which might be.
Not to forget there will be a tremendous resistance by governments trying to hold their own currency.

In my opinion CC's will developp a lot more common but are far away from govern the markets.
full member
Activity: 1190
Merit: 100
March 27, 2018, 10:38:48 AM
Bitcoin has lots of chances to become a huge power in the financial word and I believe in less than 3 years will be an international payment method
yes sir i highly support your opinion. bitcoin will be number one payment system in all transactions system not only marketing but also different jobs sector.
full member
Activity: 1190
Merit: 100
March 27, 2018, 10:36:14 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.?
yes i can think that bitcoin will govern the whole currency world.day by day world becoming digital to ultra digital so world becoming closer to closer. people now using virtual money instead of paper.
newbie
Activity: 126
Merit: 0
March 27, 2018, 10:30:31 AM
There are many such examples. And now there is an asset that shows a good profitability combined with a beautiful story about the future of technology.
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