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Topic: Do you think Bitcoin will become the first world currency for buy and sell ? - page 12. (Read 2765 times)

hero member
Activity: 770
Merit: 504
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Do you think Bitcoin will become the first world currency for buy and sell ?  Grin

Yes.
But not because of it's innovative nature and chancellor on brink of second bailout for banks.

Because it mimics today's fiat/ banking system.
So what that there is no fractional reserve system and it's not based on debt?
Enormous deflation takes care of these "problems", keeping poor people poor* and rich people rich.
Of course I might be completely wrong because of my frustration that it didn't make me rich, but the idea Satoshi Nakamoto had was that everyone could "print" some money. That worked at the beginning, but then, as Satoshi predicted, bitcoins became valuable and people started buying it for fiat money and they invested in better and better mining equipment: faster computers, pools, GPUs, FPGAs and ASICs. At some point it become impossible for common people to mine BTC - their only way to obtain it was to buy. From who? From companies and rich individuals that took role of FED, creator of the money. You could argue that they didn't create it from thin air, but I could argue they did - how else could you describe methods of ASICs manufacturers that were delivering their mining rigs only after they become almost obsolete, of course taking payments from their clients months before and unlawfully using their equipment? Now so called common folk has to do what regulators and money creators - exchanges/ pools/ mining farms owners - want him to do. If they decide they want BTC to become universal currency it'll happen.
Unless Satoshi has some surprise in store for us (don't forget his BTC stash).


* Of course it made many poor people rich, but what % of BTC users? And it wasn't even Bitcoin's goal, it's goal was to create level playing field.
newbie
Activity: 26
Merit: 0
It is possible bitcoin has been known lately with its new type of economy and how it works. Bitcoin is available for investment, for media transactions, shopping online that accepts bitcoin there are already sites that  accepts bitcoin as their currency sooner or later I hope other countries and its government will accept the btc.
full member
Activity: 616
Merit: 100
YES, bitcoin at the beginning is introduced for a digital currency, but right now there are many people in the world that use bitcoin for trading, selling bitcoin and buying bitcoin, i dont know why people can use this for trading, maybe because the price of bitcoin is change every time so its makes the bitcoin user want to make profit by sselling and buying bitcoin
member
Activity: 350
Merit: 10
A Blockchain Mobile Operator With Token Rewards
This is one of the rumours surrounding bitcoin that in some future it is going to be the one digital currency which we re going to spend and that would be bitcoin. But i believe this development and implementation really happens it would affirm the vision of Satoshi to make bitcoin to become a currency and not an asset.
newbie
Activity: 53
Merit: 0
why not ? everything can happen in the future. we can predict our future but who know will it happen or not ?
newbie
Activity: 24
Merit: 0
I think bitcoin will not become the first world currency for buy and sell because every country has a fiat currency like dollars, peso, and euro but bitcoin is the first world crypto currency for buy and sell. Cheesy
member
Activity: 322
Merit: 10
I dont think so,If you mean currency it is not the first buy and sell because their are already some fiat like dollar that is being buy and sell but if you say crypto currency,Bitcoin is the first world crypto currency for buy and sell.
newbie
Activity: 64
Merit: 0
you must know that it will not happen. even it is developing day by day, it still can not replace fiat money and become the first world currency for buy and sell
jr. member
Activity: 230
Merit: 1
most likely bitcon will be the first digital money that will be used for buying and selling gan. because there are already some countries like Germany that have received bitcoin as a legitimate digital currency like paper currency .
jr. member
Activity: 238
Merit: 1
no, it is unlikely that it will be used as a means of payment so massively, but the fate of bitcoin as gold and world domination can be seen in the future
newbie
Activity: 26
Merit: 0
Do you think Bitcoin will become the first world currency for buy and sell ?  Grin

I think so, Bitcoin will become the first world currency to buy and sell. Surely next time many countries will accept bitcoin for payment
full member
Activity: 602
Merit: 100
It could be world’s first digital currency to buy & sell, already in digital market crypto currencies has been used for buying & selling. We can aspect that very soon bitcoin will be world’s first digital currency to be used in buying & selling, because bitcoins community growing every day.
legendary
Activity: 2492
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
Do you think Bitcoin will become the first world currency for buy and sell ?  Grin

Yes.. Why ?
Because it's the closest and the most possible currency to do that.
Even it's still need more improvement until the time is come
yeah, people are taking advantage of their very fast-changing prices, so I also think that way. well, even some people I know have a job of selling and buying in a long time to benefit from bitcoin.
newbie
Activity: 101
Merit: 0
Oviously bitcoin will become the first world currency. But it have to improve more. Popularity of Bitcoin is high at this time. It is the matter of time to bitcoin is the first world currency.
member
Activity: 420
Merit: 18
Bitcoin will be a stable currency and more widely accepted currency mostly in online world we can expect internet single most widely accepted currency will be bitcoin
sr. member
Activity: 1372
Merit: 261
Yes I do think that bitcoin will become the first world currency for buy and sell because bitcoin is the first crypto currency which can be operated world wide .Bitcoin is a new form of economy with strong net work systems  and specific characteristics.Bitcoin can be used for the media of transactions ,as an investment tool, day trading, for the local and international shopping,for the payment of the utility service bills etc..Due to the above reasons its popularity has increased world wide and very shortly according to my view that bitcoin will become the first world currency for buy and sell.
I think its already being used as a buy and sell. Because we buy bitcoin when the price is low, and we sell it when the price is high. But i also think that its not fully used for that, it needs improvements for it to be used for that. Yes bitcoin is great but it needs a lot of improvement for it to be the first currency used for buy and sell.
full member
Activity: 546
Merit: 100
Do you think Bitcoin will become the first world currency for buy and sell ?  Grin

Yes.. Why ?
Because it's the closest and the most possible currency to do that.
Even it's still need more improvement until the time is come
full member
Activity: 532
Merit: 100
Because of the popularity of bitcoin in many country and many of us used bitcoin for paying bills for electricity, foods, telephone and even for buying clothes and of course you can buy bitcoin as investment and sell it when the price or value of it get pump. Thaf is why i think the bitcoin will be the 1st currency for us to buy and sell.
jr. member
Activity: 532
Merit: 5
Bitcoin can be the most valuable currency but in our lives , can't not make prediction. Because it depends on scalability, speed and transaction fees.
member
Activity: 784
Merit: 10
I think for this possibility to happen because of the value of bitcoin that is high and by its value it gives importance to bitcoin such that it will be used world wide for buy and sell.
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