Help of cryptocurrency in globalization. - page 4.

joniboini

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Quote from: sheenshane on March 09, 2020, 07:10:45 AM

They were concerned about the speed and the process and the cryptocurrency just failed to meet their standards.

Which crypto and when does this testing take place? If they prefer speed I believe even a less decentralized PoS system like Ripple can still handle 100 tx/s or more. VISA handles around 2,000 tx overall, so if those "10k tps" project ever made it, then it should not be a problem.

Quote from: avikz on March 09, 2020, 02:23:18 PM

It doesn't have to power to bring all nations under one umbrella!

It was never its target too anyway.

milewilda

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Quote from: avikz on March 09, 2020, 02:23:18 PM

Quote from: rnsribeiro on March 09, 2020, 02:10:16 PM

Quote from: Yatsan on March 09, 2020, 11:28:44 AM

Even without the existence of crypto, globalization has long started within each country. Just the fact that international groups among countries have been formed is proof that each and every country is operating, or at least, wishes to operate in an international scale. Crypto can be one aspect to achieve/prosper in terms of globalization, but it's just a drop in terms of its level. But, in all honesty, operating in an international scale doesn't mean agreeing with a few countries objectives/purpose. In the end, globalization would prosper, but only based on how individual countries do their thing. And, if one country goes up, one country would surely go down, that kind of cycle. I mean, I'm pretty sure we all understand how hungry for power countries are right?

but globalization presume all countries move a little bit towards each other. So every country should become a little less hungry for power each day and each year. So we could meet global currency one day

I really love your confidence! But unfortunately the leaders don't think in similar line. For them, power is more important than anything else! For example, you look at Russia, India, China and US. All of these countries are rules by such leaders who believe in achieving supremacy even at the cost of human lives. So there's no way, they will become less hungry, at least in our lifetime!

Bitcoin is just a currency system controlled by none. It doesn't have to power to bring all nations under one umbrella!

People should really think this off before considering or saying up things about unity when it comes to global currency and as said not all countries or its leaders would really have similar minds.
So this kind of globalization is somewhat a dream which would hardly to become true or would happen.Being optimistic isnt bad but we should really accept the fact that it wont really
happen in the end of the day.This would just be as good as an alternative and wont be the main thing ever.

avikz

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Quote from: rnsribeiro on March 09, 2020, 02:10:16 PM

Quote from: Yatsan on March 09, 2020, 11:28:44 AM

Even without the existence of crypto, globalization has long started within each country. Just the fact that international groups among countries have been formed is proof that each and every country is operating, or at least, wishes to operate in an international scale. Crypto can be one aspect to achieve/prosper in terms of globalization, but it's just a drop in terms of its level. But, in all honesty, operating in an international scale doesn't mean agreeing with a few countries objectives/purpose. In the end, globalization would prosper, but only based on how individual countries do their thing. And, if one country goes up, one country would surely go down, that kind of cycle. I mean, I'm pretty sure we all understand how hungry for power countries are right?

but globalization presume all countries move a little bit towards each other. So every country should become a little less hungry for power each day and each year. So we could meet global currency one day

I really love your confidence! But unfortunately the leaders don't think in similar line. For them, power is more important than anything else! For example, you look at Russia, India, China and US. All of these countries are rules by such leaders who believe in achieving supremacy even at the cost of human lives. So there's no way, they will become less hungry, at least in our lifetime!

Bitcoin is just a currency system controlled by none. It doesn't have to power to bring all nations under one umbrella!

rnsribeiro

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Quote from: Yatsan on March 09, 2020, 11:28:44 AM

Even without the existence of crypto, globalization has long started within each country. Just the fact that international groups among countries have been formed is proof that each and every country is operating, or at least, wishes to operate in an international scale. Crypto can be one aspect to achieve/prosper in terms of globalization, but it's just a drop in terms of its level. But, in all honesty, operating in an international scale doesn't mean agreeing with a few countries objectives/purpose. In the end, globalization would prosper, but only based on how individual countries do their thing. And, if one country goes up, one country would surely go down, that kind of cycle. I mean, I'm pretty sure we all understand how hungry for power countries are right?

but globalization presume all countries move a little bit towards each other. So every country should become a little less hungry for power each day and each year. So we could meet global currency one day

Yatsan

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Leading Crypto Sports Betting & Casino Platform

Even without the existence of crypto, globalization has long started within each country. Just the fact that international groups among countries have been formed is proof that each and every country is operating, or at least, wishes to operate in an international scale. Crypto can be one aspect to achieve/prosper in terms of globalization, but it's just a drop in terms of its level. But, in all honesty, operating in an international scale doesn't mean agreeing with a few countries objectives/purpose. In the end, globalization would prosper, but only based on how individual countries do their thing. And, if one country goes up, one country would surely go down, that kind of cycle. I mean, I'm pretty sure we all understand how hungry for power countries are right?

KrisAlex18

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Quote from: bitbunnny on March 09, 2020, 09:23:19 AM

Globalization has started long time ago and cryptocurrencies are just one part of it. Of course they help moving the boundaries because they can be used everywhere in the world where internet connection exists. They are definetely global phenomenon that gives to modern finances totaly different dimension.
About safety and security could be discussed, cryptocurrency have their bad sides like everything else and I wouldn't so easily say that cryptocurrencies are safer than fiat money. Hackers attack, money laundering different scams and abuse show that cryptocurrencies have their own soft belly too.

That is the most common disadvantage of cryptocurrency, hackers are hackers, they will do their best just to steal your money, they are so knowledgeable about doing that, they are really expert from stealing your personal information, so we should really protect our accounts from hackers and scammers in this virtual world, you may use different ways ti protect your account, you may use 2FA, use strong password, it is better if you add symbols on your passwords or add Capital letters on it, it will be hard for the hackers to access your account if you do that thing, do not believe some good offers from strangers, when they send you a link do not open it because it can be a scam, once you signed up then you may lose your money especially if you login your wallet information.

bitbunnny

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WOLF.BET - Provably Fair Crypto Casino

Globalization has started long time ago and cryptocurrencies are just one part of it. Of course they help moving the boundaries because they can be used everywhere in the world where internet connection exists. They are definetely global phenomenon that gives to modern finances totaly different dimension.
About safety and security could be discussed, cryptocurrency have their bad sides like everything else and I wouldn't so easily say that cryptocurrencies are safer than fiat money. Hackers attack, money laundering different scams and abuse show that cryptocurrencies have their own soft belly too.

sheenshane

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I respect your perspectives and I understand how you see cryptocurrency on your own. However, cryptocurrency was already considered and tested by the big corporations and entrepreneurs already. But the cryptocurrency failed to meet the standard that corporations are considering to adopt a technology. They were concerned about the speed and the process and the cryptocurrency just failed to meet their standards.

In the other side, the Blockchain technology was already adopted and revised by the companies globally and those companies are already using the blockchain technology for their daily operations already. And for me, that is the best thing the cryptocurrency could give to the economy. IMO

KrisAlex18

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Do you believe that cryptocurrency will help our country to be globalized? Or are those people who are against having cryptocurrency for our country to be globalized?

Well, we have all different perceptions regarding cryptocurrency, but for me, cryptocurrency can be a great help to make our country globalized, Cryptocurrency is much safer and faster compared to fiat currencies when we are talking about transactions because all things happen through online or internet is great compared to the real world.

If we use cryptocurrency in exporting different kinds of stuff and goods then we will have faster transactions which are really good especially when talking about economics.

I have read a thread about this thing but actually, it was already different as of this year, our economic always change so I made this thread if there are already changes in the perception of others as of this year.

This is the link related to this post.
https://bitcointalksearch.org/topic/bitcoin-and-globalization-4655347

Topic: Help of cryptocurrency in globalization. - page 4. (Read 438 times)