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Topic: can bitcoin govern the whole world? - page 21. (Read 1944 times)

newbie
Activity: 130
Merit: 0
February 20, 2018, 10:12:21 AM
#72
However, the bitcoin can have an impact on the world as a cashless payment system but it does not mean that it can run whole economy independently. Currency is must for transaction during routine life.
full member
Activity: 563
Merit: 102
February 20, 2018, 10:12:10 AM
#71
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 Don't think you. Bitcoin is recognized and legal in some countries . We can use bitcoin sometimes in online payments but it is hard to use it as a bitcoin we still need to convert it to cash. So how can it govern thw whole world? Every government of county has its own law it is impossible to happen.
member
Activity: 378
Merit: 10
February 20, 2018, 10:08:03 AM
#70
There is a potential for bitcoin to govern all over the world because of its popularity and convenience. We just need our government in each country to accept and legalize it. It also goes for the people. It is just it will be hard because not all people knows about bitcoin so I think even bitcoin will govern the world paper money will always be there.
I think bitcoin ruled the world is not possible, currently some countries have not accepted bitcoin, and bitcoin works entirely on the internet, if you want to know bitcoin you must have basic knowledge about computers, power Use the application. While some people do not know how to use technology. How can they trade with bitcoin on the application. I think bitcoin is so far away.
member
Activity: 200
Merit: 10
February 20, 2018, 09:39:50 AM
#69
There is a potential for bitcoin to govern all over the world because of its popularity and convenience. We just need our government in each country to accept and legalize it. It also goes for the people. It is just it will be hard because not all people knows about bitcoin so I think even bitcoin will govern the world paper money will always be there.
newbie
Activity: 196
Merit: 0
February 20, 2018, 09:27:34 AM
#68
So to say bitcoin can govern the world if the governments instill our chances of using the means for transaction and I think that bitcoin would make an impact to the world as a cashless payment system but it cannot stand alone unless of course that its volatility and its price are fixed and remained costant. However, even if it doesn’t, then I think the paper system or currency will work hand in hand for quite sometimes for it to be implemented
member
Activity: 183
Merit: 10
February 20, 2018, 09:26:23 AM
#67
I think there is a possibility that Bitcoin will be known to all people in the world because it can give them interest to give them money. But it can govern or control the people it depends on them whether they enter here or not.
newbie
Activity: 140
Merit: 0
February 20, 2018, 09:18:58 AM
#66
I don't know why you have this in mind, I hold the COINS, but I'm also a legal citizen, I'm just holding the currency as a way of investment, I don't think this is money laundering
Bitcoin Is a Delusion That Could Conquer the World ... physical assets, like gold or beads, and fiat currency, like government-backed paper and coins.
member
Activity: 770
Merit: 10
https://streamies.io/
February 20, 2018, 09:10:59 AM
#65
You describe bitcoin as a person,but is a currency.The fact is that bitcoin is moving to that directions of over throwing other currency value, presently ni is ahead of other currency and we are only waiting for the whole world approval if possible.
I do not think bitcoin is as big as you think. I just think bitcoin is just an electronic currency and its technology allows us to trade a large amount of money quickly and without intermediate steps.
As far as I know, bitcoin is not owned and it is created because the founder wants to contribute to the growing world.
member
Activity: 266
Merit: 10
February 20, 2018, 09:06:14 AM
#64
You describe bitcoin as a person,but is a currency.The fact is that bitcoin is moving to that directions of over throwing other currency value, presently ni is ahead of other currency and we are only waiting for the whole world approval if possible.
full member
Activity: 350
Merit: 100
February 20, 2018, 08:42:06 AM
#63
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 is possible since it is popular nationwide and lots of user earned bigger money with this bitcoin.And our country nowadays are engaging with the new advancement that could help our society progress and make our life become easy .
member
Activity: 280
Merit: 11
February 20, 2018, 08:35:57 AM
#62
No, btc cannot govern the whole world. It does not represent a country.
it only speak about cryptocurrency not a government.
newbie
Activity: 84
Merit: 0
February 20, 2018, 08:14:08 AM
#61
Yes maybe but it depends in the government on howbthey will hold or use vitcoin and on how they will protect it
hero member
Activity: 1974
Merit: 502
Vave.com - Crypto Casino
February 20, 2018, 08:13:44 AM
#60
Maybe yes maybe no but it depends on how the government will rule its capability to make it govern the whole world
Yes, it is not impossible for bitcoin to govern the world because of its power and uses in the world of cryptocurrency. As we live now in a world where virtualization is implemented and everything is digital, maybe someday bitcoin will regulate and implemented to be our universal digital currency. But it only depends on countries if they want bitcoin to use as their currency.
newbie
Activity: 81
Merit: 0
February 20, 2018, 07:57:38 AM
#59
Maybe yes maybe no but it depends on how the government will rule its capability to make it govern the whole world
newbie
Activity: 27
Merit: 0
February 20, 2018, 07:56:05 AM
#58
Very doubtful, although its likely going to get a far larger market cap than it has now. (Crypto in general not just BTC)
jr. member
Activity: 196
Merit: 3
February 20, 2018, 07:49:54 AM
#57
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 is just a normal trend now. Nothing new and nothing has been innovatively developed, just same coins over the internet. Bitcoin will not govern the world business market because there are still other kings of the world market. Bitcoin will also not be the future money of world because fiat currency would still be the most convenient and easiest way of transactions.
full member
Activity: 532
Merit: 100
February 20, 2018, 07:44:50 AM
#56
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.?

nope government would not allow it. we know bitcoin is strong but it still has limits. for now bitcoin is good for investment and can be used for transactions too but those sender that send small transactions would loss money. if possible do not to send small transactions. in the future when bitcoin price go high fees would also go up. also government needs tax to function and for now they can't get tax from bitcoin.
newbie
Activity: 84
Merit: 0
February 20, 2018, 07:20:32 AM
#55
I think as a currency it can not govern the whole world, because it is too volatile, but as an investment it absolutely can  Wink
full member
Activity: 2408
Merit: 213
★Bitvest.io★ Play Plinko or Invest!
February 19, 2018, 06:53:27 PM
#54
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 agree mate bitcoin helping the ecomnoy for each countyry adopting bitcoin legel cryptocurrency not only bitcoin helping to the coutry economy bitcoin giving job for the people of every country,  i'm not disaree about bitcoin govern the world businees if the is the way to become legalized the cryptocurrency in the world why not.
full member
Activity: 936
Merit: 100
February 19, 2018, 06:45:24 PM
#53
bitcoin set around the world for the time being can not yet, but bitcoin gives a big effect to the world already happening nowadays. technological developments and innovation from the ceyptocurrency sector provide great benefits and great influence around the world.
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