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Topic: can bitcoin govern the whole world? - page 23. (Read 1995 times)

member
Activity: 151
Merit: 10
February 12, 2018, 08:43:30 AM
#32
In my opinion, it is very difficult to happen because this currency has many who abuse for crime can be said very often stolen and there is no value for the state profits (no taxes) & its sources almost cannot be traced, So the government does not want to be responsible.
full member
Activity: 310
Merit: 103
Rookie Website developer
February 12, 2018, 08:18:06 AM
#31
As for the bitcoins rate that continuesly leveling up these days, its standards and great possibility is already seen. So, if the day comes, this weird world will get to be so ironically governed by bitcoin. But its the most wishes to everyone these days.
newbie
Activity: 17
Merit: 0
February 12, 2018, 08:07:35 AM
#30
I think bitcoin has a certain difficulty as a payment currency, its price is not stable, its transaction speed is very slow, its transaction fee is very expensive.
member
Activity: 416
Merit: 21
February 12, 2018, 08:02:46 AM
#29
Bitcoin will rule the world but government at social justice will also happen people recognise the technology
newbie
Activity: 173
Merit: 0
February 07, 2018, 03:39:31 PM
#28
It is not literally govern, but bitcoin can be used in whole world on replacement, example on paying system or.banks, credit cards and savings.
member
Activity: 378
Merit: 10
February 07, 2018, 03:32:35 PM
#27
Manage the whole world of course it is strongly said! But still it can seriously affect the economy and development of the whole world! We are in an amazing time, when we can observe a new push of people's development! We see how quickly the technological projects began to develop, how money became easily accessible! In replacement of paper money, electronic money comes!
newbie
Activity: 84
Merit: 0
February 05, 2018, 03:32:13 PM
#26
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.It’s easy to transport.It is impervious to politics. The government could fall into collapse or communism and - so long as you can hide it - you can still spend it around the world and It’s durable. You can bury some in the wilderness and leave a map for your grand-kids to find it. It stores value.
newbie
Activity: 28
Merit: 1
January 26, 2018, 11:58:01 AM
#25
It is possible, the cryptocurrencies continue to dominate the market, creating its own structure, the problem is that there are many laws, many governments against and so that it can enter the economic model in a legal and official way it would have to yield before some rules and implements and previously created, probably work as a parallel currency even if this causes a competition with the dollar and euro (the most valued currencies) We'll see what prepares the future for bitcoin
sr. member
Activity: 343
Merit: 250
January 26, 2018, 11:57:37 AM
#24
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 see its potential in the market. bitcoin can be an option for business market and  future  currency but I think currently bitcoin is still lacking in so many aspects such as stability and accounts being more secured. Bitcoin has the potential but It still has some room for improvements.
member
Activity: 161
Merit: 11
January 26, 2018, 11:12:35 AM
#23
Noting is impossible to happen. If bitcoin will be the global currency or the popular term one world currency happend then it can really rule the world by manipulating the people with their purchasing power. As of now where still in the era of indroducing crypto currency to the world.
I agree,that we are now still in the era of introducing cryptocurrencies to the world,but also still it is too early for bitcoin to govern the whole world.If talking about the whole world its not easy task and a lot of risk to do that.Specially now a days some countries banned bitcoin that alone make difficulties arise in the crypto world.
full member
Activity: 180
Merit: 100
January 26, 2018, 10:57:00 AM
#22
Noting is impossible to happen. If bitcoin will be the global currency or the popular term one world currency happend then it can really rule the world by manipulating the people with their purchasing power. As of now where still in the era of indroducing crypto currency to the world.
jr. member
Activity: 89
Merit: 1
January 17, 2018, 05:32:22 AM
#21

There is an opinion that the appearance of bitcoin was not accidental, and it has a future, a grand future. I think that bitcoin will play a decisive role in the new world order.
Today, the independent value of bitcoin and etherium is obvious, with huge advantages and financial tools, so banks should think about competition with them.

What new world order are you saying? Even bitcoin will be popular to the newer generation it is not enough to convince our governments they will surely oppose this currency.
full member
Activity: 364
Merit: 101
January 16, 2018, 03:58:09 AM
#20

There is an opinion that the appearance of bitcoin was not accidental, and it has a future, a grand future. I think that bitcoin will play a decisive role in the new world order.
Today, the independent value of bitcoin and etherium is obvious, with huge advantages and financial tools, so banks should think about competition with them.
newbie
Activity: 27
Merit: 0
January 16, 2018, 03:11:15 AM
#19
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.?

with the present happenings in blockchain, i think the main purpose of this currency is been ignored, one of which was for fast transaction and low cost of transaction, today what we see is very high transaction fees. if the cost of transactions can be looked into, then bitcoin will be future money. for both the poor and the rich.
newbie
Activity: 30
Merit: 0
January 16, 2018, 03:03:45 AM
#18
I don't think it is going to happen in the nearest future for bitcoin to govern the whole world as a means of payment. This is because the acceptability of bitcoin as a legal means a lot f payment is still under serious obstacles as many governments are not ready to legalize its usage. Secondly, the problem of scalability that is currently a major setback to bitcoin usage as a currency is another threat. Many be in years to come its acceptability may increase across borders.
full member
Activity: 672
Merit: 100
January 16, 2018, 03:03:17 AM
#17
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.?
They are not possible because many Altcoins are more potent than Bitcoins. Many people believe that in the future eth can replace Bitcoin and it will beat Bitcoin.
full member
Activity: 149
Merit: 100
January 16, 2018, 03:02:19 AM
#16
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.?
Maybe btc is a new kind of currency and brings more progress than the current currency, but btc alone can not create a single currency system.  Even though btc has globalization, the current currency can not disappear.
newbie
Activity: 182
Merit: 0
January 16, 2018, 03:01:07 AM
#15
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.?

No I don't think that it can govern world market, maybe crypto currencies will be globally used, and might be considered as future money, but it will not be only bitcoin.
full member
Activity: 798
Merit: 109
https://bmy.guide
January 16, 2018, 02:54:16 AM
#14
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 by being popularized of bitcoin now many people in different countries will adapt bitcoin as a source of their income and we all know that bitcoin give as an good opportunity to fulfill our daily needs. Maybe that's one assets of bitcoin but in terms of services by doing transactions bitcoin take more time to process every transaction have. Paper money will remain as traditional money we all both know that it take i think decades before bitcoin surpass paper money if ever.
full member
Activity: 293
Merit: 100
January 16, 2018, 02:41:16 AM
#13
it could be all happened, but if the fee fee is too big then people will also think twice, to use it, because we know now the fee fee in each exchanger is already very high
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