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Topic: can bitcoin govern the whole world? - page 6. (Read 1943 times)

newbie
Activity: 120
Merit: 0
May 11, 2018, 09:16:26 AM
I think that bitcoin is a very strong coin and it has great potential, but it is too difficult to govern the world. Maybe everything will change and it really will happen!

It's hard to believe that bitcoin can govern the world because many people today are afraid to invest due to a historical huge drop of bitcoin.
full member
Activity: 310
Merit: 100
May 11, 2018, 08:57:00 AM
I think that bitcoin is a very strong coin and it has great potential, but it is too difficult to govern the world. Maybe everything will change and it really will happen!
jr. member
Activity: 308
Merit: 5
May 11, 2018, 08:51:34 AM
There is a big possibility that Bitcoin will become the world's cryptocurrency, not yet now or in the near future but eventually in the future.  The Blockchain technology will be utilized by the government because of its usefulness in technology. The banks and financial  institutions may  also adopt the blockchain technology. Eventually the world will know Bitcoin as our cyptocurrency.
member
Activity: 332
Merit: 12
May 11, 2018, 08:39:59 AM
It's ambitious to say that one currency can govern the world, so no. What bitcoin can be is a leading currency that is accepted by the public and nations around the world, that would be a much better outlook. Bitcoin is the future of currency, especially being a digital currency. With bitcoin transactions and investments can be convenient and would be much more beneficial if people are capable of such things.
newbie
Activity: 112
Merit: 0
May 11, 2018, 08:39:52 AM
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.
newbie
Activity: 182
Merit: 0
May 11, 2018, 08:35:42 AM
Yes bitcoin can govern the whole world by one system one currency.  Who knows in the future can solve our problem in  different currency where in whenever we  go to the other country we don't need to change our money into a currency  in that specific  country. So everything is possible in this technology world so I believe that bitcoin can govern the world.
full member
Activity: 378
Merit: 100
May 11, 2018, 08:27:38 AM
If to set the whole world must be very difficult because there are still countries that prohibit the existence of bitcoin so still need more consideration for bitcoin to experience the glory in the next few years and learning about bitcoin to the population is needed to make it happen.
copper member
Activity: 322
Merit: 8
May 11, 2018, 08:17:03 AM
Bitcoin is the currency of the future. It has every chance to replace the current strata of fiat currency but to be honest it still has a long way to go because the government needs to find a way to regulate it first before they can fully legalize it for acceptance across nations.
newbie
Activity: 84
Merit: 0
May 11, 2018, 08:12:49 AM
Bitcoin is not everything, but it is impossible to control the whole world. Bitcoin is just a speculative tool.
sr. member
Activity: 630
Merit: 251
May 11, 2018, 08:09:56 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.?
Actually it can. But, it might take a couple more years for this to happen because some people around the world are still cannot be reached by the full potential of technology. Also, in my opinion, this is good because there will be less hassle and the time and energy of the people will be conserved during payments. The only problem here is that most people distrusts technology specially bitcoin and thinks of it as a scam.
full member
Activity: 420
Merit: 100
CAT.EX Exchange
May 11, 2018, 08:06:05 AM
I think not bitcoin has not been able to regulate the world business market. Many countries reject bitcoin and consider bitcoin to be the opposite of their central bank. and the world market problem is very much impossible bitcoin will be able to take care of and finish it. Bitcoin is only useful for the holder.
full member
Activity: 274
Merit: 100
May 11, 2018, 07:40:51 AM
To my mind, that is possible for such cryptocurrency as the bitcoin to become known to all people all over the Earth since it is a brilliant opportunity for the investment and good profit making. However, it is only up to them whether to join the market or not.
newbie
Activity: 135
Merit: 0
May 11, 2018, 06:55:53 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.?
Everything has its own proper usage and special advantage to the right and easy way of payment system. Bitcoin is the right currency for online transaction and for longterm investment. I think bitcoin automatically can  govern to all people in the whole world, if those people who have access it.
full member
Activity: 448
Merit: 107
CryptoSport
May 11, 2018, 06:46:35 AM
Money does not govern countries.
People govern countries using money.

Bitcoin is for people so if people want to use it to govern themselves it's possible...
jr. member
Activity: 149
Merit: 3
May 11, 2018, 06:33:43 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.?

there can be posibility but to see it happening this year or in the next year is imposible.. we all know that some countries are now banning cryptocurrency in their country... this scenario will drag BTC to down making it imposible to govern the world... third world countries would have difficultly in accepting BTC as a currency and a medium of exchange...
Technology would be the greatest hindrance it to happen as some countries is not well supported with internet. and BTC is 100% depending on web to make transaction.
newbie
Activity: 196
Merit: 0
May 11, 2018, 06:23:34 AM
True the government will not allow it because it will only benefit most of us here using or investing in Bitcoin. Because if you look at how the poor and those who do not know how to use Bitcoin.Mungkin with the development and expansion of Bitcoin encrypted currency community will be more widely used in the field of business in the future.
newbie
Activity: 210
Merit: 0
May 11, 2018, 06:12:13 AM
Bitcoin has the issue of becoming the money of the future.
But it will take a long time and the regulation of each country is not that easy.
All require a long process to go legal.
Bitcoin can govern the world of the business market if all countries support it and the more people who use Bitcoin.
It will convince the whole world that Bitcoin is worth it.
newbie
Activity: 118
Merit: 0
May 11, 2018, 05:51:16 AM
I think Bitcoin can not rule in the whole world. Bitcoin will not allow the control of the economy of all countries. Because not all people are educated.
newbie
Activity: 48
Merit: 0
May 10, 2018, 12:37:13 PM
It definitely can be a part of governing the world as $1000 bills used to be a part of governing the USA. But there will need to be other legitimate cryptocurrencies to support it, like the $100, $50, $20, $10, $5, $1, .50c, .25c in the USA, for those who cannot afford Bitcoin.
newbie
Activity: 84
Merit: 0
May 10, 2018, 12:25:58 PM
Definitely, it's possible. But not now. It's time to adopt BTC and increase people who will enjoy it Cheesy
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