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Topic: Imagine Bitcoin recognized around the world. - page 11. (Read 2244 times)

full member
Activity: 364
Merit: 100
Do you think there will be a chance that bitcoin will be recognized by all people around the world? If so, what would you contribute for the success of bitcoin in adapting human culture?
yes sure, bitcoin is becoming more popular as time pass by so there is a high possibility that getting recognized around the world wil happen. If it will be wide spread around the world, more people will be using it and more people would invest to it, its price will also go up. There will be positive and negative outcomes, it can be good or bad because there is no law that relates to the usage of bitcoin. It can be used in illegal activities like illegal transactions of drugs and can be used for buying in black market since you do not need personal info in transactions.It can also be positive, it will help most people without a firm job to become stable in life.
full member
Activity: 606
Merit: 108
I think if that happens bitcoin known all over the world and they know the price is unstable surely the whole world will also use it. and there is no longer anyone who has trouble with his life.
member
Activity: 109
Merit: 10
We will not know it may be a very tragic circumstances or a very good impact to the economy but one things is for sure up to know and that is Bitcoin will never be recognized around the world or in every country because it may heavily affect the system of their economy and some of the countries see this coming that's why they ban it before the coin comes in to their community. Here are the things may happen if it is recognized world wide

1. It can be used to launder money.
2. The banks will never gonna be used again and the government will not let that happen because they are in partner with banks.
3. The blackmarket may overcome because of the anonymity of the users of bitcoin.
4. The government can't tax the workers in the cryptocurrency industry.

These articles explains why the government won't let the bitcoin/cryptocurrency enter their community.
http://www.mirror.co.uk/tech/why-banks-hate-bitcoin-cryptocurrency-11433562
https://www.quora.com/What-prevents-governments-from-banning-Bitcoin-or-making-it-illegal

Bitcoin is not new to the trading industry and most of the people who are involved in the trading community know what bitcoin is but they don't understand how bitcoin works. The usage of bitcoin in the black market is not new, in the early years of bitcoin it is used for buying illegal drugs in the deep web by the so-called SILKROAD marketplace.

member
Activity: 223
Merit: 10
If bitcoin will ba recognized around the world, like schools, bussinessess, stores etc. it makes things easier when it comes to money transactions, like paying tuition fees at school, sending money to other places, paying of bills, or paying products from online stores etc...Bitcoin has the potential to transact effieciently, and hassle free as a mode of payment and a big help to us all which can provide us a gaining income. And in case the government supports bitcoin, they may implement rules upon holding bitcoin, or may give tax on it or may limit it, "maybe" or "i guess"
sr. member
Activity: 1456
Merit: 359
Do you think there will be a chance that bitcoin will be recognized by all people around the world? If so, what would you contribute for the success of bitcoin in adapting human culture?
If all of the nations in the world recognize the bitcoin as digital currency, there is a big possibility that the bitcoin will become international currency. I believe that all of the businesses in the world will accept bitcoin as a payment.
hero member
Activity: 1722
Merit: 528
that's a good thing to happened lots of people will gain something
if very country will implement btc and each government recognized this they will construct  a crypto subject in there school then very student will have there salary as a educational payment  imagine education
will be free

Why will "every" country construct a crypto subject in their schools? They can even learn that by just surfing the internet, they do not need to pay for a tuition for it. If bitcoin will be recognized by the world, then I think bitcoin will never be a thing since it will never be a decentralized bitcoin. The common reason why the government do not like bitcoin is that it is decentralized, so if the world recognize bitcoin, that means it is not decentralized.
member
Activity: 182
Merit: 10
that's a good thing to happened lots of people will gain something
if very country will implement btc and each government recognized this they will construct  a crypto subject in there school then very student will have there salary as a educational payment  imagine education
will be free
sr. member
Activity: 423
Merit: 250
Yes. If one country starts to legalize the use of bitcoins, other countries might as well do the same. This will lead to a new competition in the transaction of fees around the world. Bitcoin will be a huge success if those who have enough knowledge and experience about this will be able to spread awareness to beginners and to those people who want to invest money in an unconventional way.
If bitcoin would be recognized around the world, that would be an epic phenomenon for us who are currently in to this system. Imagine the benefits it would bring to us, expect wider coverage and more accessible transactions on purchases and services using bitcoin globally. Probably, if that happens, further improvements and regulations would take effects for better usage of bitcoin.
sr. member
Activity: 308
Merit: 267
We will not know it may be a very tragic circumstances or a very good impact to the economy but one things is for sure up to know and that is Bitcoin will never be recognized around the world or in every country because it may heavily affect the system of their economy and some of the countries see this coming that's why they ban it before the coin comes in to their community. Here are the things may happen if it is recognized world wide

1. It can be used to launder money.
2. The banks will never gonna be used again and the government will not let that happen because they are in partner with banks.
3. The blackmarket may overcome because of the anonymity of the users of bitcoin.
4. The government can't tax the workers in the cryptocurrency industry.

These articles explains why the government won't let the bitcoin/cryptocurrency enter their community.
http://www.mirror.co.uk/tech/why-banks-hate-bitcoin-cryptocurrency-11433562
https://www.quora.com/What-prevents-governments-from-banning-Bitcoin-or-making-it-illegal
newbie
Activity: 14
Merit: 0
It would be excellent, since it would offer great benefits for citizens. With a decentralized system, the government or the banks have no link to the currency. This can be useful if a nation is in crisis or experiences a deep economic recession. Banks can not use the saved bitcoins of an individual for their own investments. Again, this means that economic depressions related to government will not affect the value of a bitcoin. The money is easy to transfer to places around the world. In fact, it does not take virtually any time. The blockchain technology is very successful in eliminating the need for intermediaries, whose purpose is to close the transactional trust gap. Among many other factors in favor, which may not be suitable to some hoarding governments.
full member
Activity: 693
Merit: 100
This year is a tough test for bitcoin, now bitcoin enemies are starting to show its strength, they initially buy bitcoin and then they will continue to sell so the future of bitcoin is destroyed and this is what we are experiencing.
Maybe its good that they will buy bitcoin so that its price will rise up again and if we're afraid that they will abruptly sell all of what they have bought to down
bitcoin then that is a part of bitcoin volatility. If the world recognizes bitcoin then that's the time for bitcoin to be a universal money and if almost all the people around the world will adopt bitcoin as a mode of payment and all monetary transaction then bitcoin will always be the king of all coin.
member
Activity: 406
Merit: 13
Do you think there will be a chance that bitcoin will be recognized by all people around the world? If so, what would you contribute for the success of bitcoin in adapting human culture?


Yes it is possible. Even today the number of people who recognized bitcoin is already increasing, so which means bitcoin has a better future. If that happens then I will share the knowledge that I have to contribute to other people so that they will appreciate the various features of bitcoin. Features that is mostly resulted to transactions, business and employment.
full member
Activity: 1162
Merit: 106
This year is a tough test for bitcoin, now bitcoin enemies are starting to show its strength, they initially buy bitcoin and then they will continue to sell so the future of bitcoin is destroyed and this is what we are experiencing.
member
Activity: 203
Merit: 10
I think the world will be better, each countries economy will also be better because we can see how bitcoin gives benefit to us so if bitcoin or cryptocurreny will be legalized and recognized worldwide then there will be less poverty, we can access bitcoin using internet and people can freely use internet connection and start investing and working on bitcoin. Also everyone must know this kind of opportunity it gives us benefit and a lot of profit. It would change the economy of our world.
newbie
Activity: 364
Merit: 0
Taк или инaчe биткoин бyдeт пpизнaн вceм миpoм coизмepимo $, и дaжe cтaнeт пpиopитeтнoй плaтёжнoй eдиницeй.
member
Activity: 350
Merit: 10
Semi-Decentralized Exchange
Yes. If one country starts to legalize the use of bitcoins, other countries might as well do the same. This will lead to a new competition in the transaction of fees around the world. Bitcoin will be a huge success if those who have enough knowledge and experience about this will be able to spread awareness to beginners and to those people who want to invest money in an unconventional way.
You have your point, if the time will come that our country will legalize of bitcoin and it will recognize as well. It means the people have stable life because of what bitcoin brings into our life. Many people will invest and they will start to hold and save and many people will have job also and they can sustain the basic needs of the person.
newbie
Activity: 162
Merit: 0
never imagined this
This will lead to new competition in cost transactions worldwide.
this will add jobs for the state to reorganize government regulations in terms of financial transactions.
member
Activity: 322
Merit: 11
🚀🚀 ATHERO.IO 🚀🚀
I think from time to time bitcoin will be recognized around the globe, the popularity of bitcoin is rising as people using digital media is learning about bitcoin and patronize the important of it, then it will be used around the world currency.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
Do you think there will be a chance that bitcoin will be recognized by all people around the world? If so, what would you contribute for the success of bitcoin in adapting human culture?
Yes it is possible that bitcoin can recognize all over the world.If all countries can legalize by there government it will be good for there industries and economy at some point it will build the progress of growth in development of there country by using bitcoin as investment
If the government from different countries will legalized bitcoin then it will be more possible for bitcoin to have a higher price and they can use bitcoin to help their own country to improve their economy because they can use bitcoin to save some time and also money in doing huge transaction because with bitcoin they can now transfer with a little bit faster compare to the traditional method, i said a little bit faster because the network is still having some problem but overall, bitcoin is a great tool for a country or even for the whole world.
member
Activity: 140
Merit: 10
Do you think there will be a chance that bitcoin will be recognized by all people around the world? If so, what would you contribute for the success of bitcoin in adapting human culture?
Yes it is possible that bitcoin can recognize all over the world.If all countries can legalize by there government it will be good for there industries and economy at some point it will build the progress of growth in development of there country by using bitcoin as investment
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