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Topic: Imagine Bitcoin recognized around the world. - page 17. (Read 2222 times)

full member
Activity: 420
Merit: 101
This is what happening right of this moment almost everyone are recognizing it but not always on positive approach. Lately many government is trying to ban the trading of bitcoins and that is not well decisiom for the community. Though it has many benefits, government are playing it safe.
full member
Activity: 252
Merit: 105
Stake & Vote or Become a IoTeX Delegate!
If in the future, Bitcoin becomes popular worldwide, the cryptocurrencies market will become very exciting with many new ICOs. At that time all transactions in the world will be made through cryptos, which will become the new currency replacing the current currency. By then, the exchange rate of Bitcoin would become stable instead of the usual abnormal increase.
newbie
Activity: 177
Merit: 0
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 bitcoin recognized around the world .maybe bitcoin will be our currency to all over the world. Bitcoin will be famous and powerful. Maybe bitcoin will control all over the world because of the very high value that will make people stay on bitcoin.
full member
Activity: 560
Merit: 121
It is recognized and almost worldwide. Cryptocurrency is being used everywhere as payment. And mind you they are easily earned and sometimes they are good in value. Unlike working in a regular or secular job, you are earning minimum salary and that minimum is not enough. Crypto is advantage.
newbie
Activity: 57
Merit: 0
if bitcoin recognized around the world i think the the transactions will be easy and it will be legalized soon. many people with will invest and earn at the same time.
hero member
Activity: 1400
Merit: 536
Bitcoin is definitely already recognized around the world. You can't ignore something when your government has to start making laws about it because it's part of everyone's life. Is there anywhere that hasn't said anything on Bitcoin at all? That would be weird. Assuming they would be able to use the technology, so maybe not some very poor third world countries.
Are you serious when they say it? Is this the world-wide known currency? Many countries have not introduced the law on Bitcoin yet, have these countries accepted Bitcoin? Six to seven countries have officially banned Bitcoin, most recently in Israel. Do you think Bitcoin is really accepted by the whole world?
jr. member
Activity: 51
Merit: 1
Many have claimed bitcoin's adoption is fueled by the public losing faith in economists, experts, governments and corporations. As institutions people rely upon fail, they may increasingly resort to extremism and other alternatives. This could explain a rise of extremist groups and alternate lifestyles prevalent in this era.

What some deem human culture may simply reflect necessity and need. Bitcoin may not adapt nor change human culture. It could emerge as a preferred option if it solves problems relating to currency transaction, store of value and limited supply better than its competition. In that crypto's success in the world could be one of "survival of the fittest". Bitcoin survives and perhaps succeeds as it is the best suited to do so in a world where those living in poverty often have few or no options.

Bitcoin may not be perfect, but its transfer fees and taxes are still far lower than its competition. That could be a primary reason for its success and why it may be someday recognized around the world?
Yes i believe that bitcoin and other cryptocurrencies will be recognize in the future, but using it as a legal tender will be  impossibke. Unless the government found a way to control it somehow.
full member
Activity: 126
Merit: 100
It would be great, in fact, i am always trying to help my friends and try to teach them how to buy and sell bitcoins and make a little profit from that, but they are always ignoring me when i talk about it, they all laugh at bitcoin.
full member
Activity: 350
Merit: 110
It will be historical revolution in crypto world people priorities will change,Totally world will be change specially in financial sectors transaction will be more secure and quick competition will give more benefit to users by reduce transaction fees.
Even though bitcoin is not yet recognized by all of us in the world, it has become a great revolution in terms of Financial Aspects. It became a long time debate here in the forum if bitcoin can overthrow the use fiat money and use cryptocurrencies instead. But this won't be the case as bitcoin's transactions fees are so high that it would not be feasible for smaller transactions that we are doing in our daily lives.
full member
Activity: 134
Merit: 100
Bitcoin being recognized around would really be a great idea. No hassles, paperless / online payment your can pay / transfer / receive money easily, it will come in a handy.
sr. member
Activity: 854
Merit: 257
I think this already happend. Based on how people have celebrated their vitcories in bitcoin, I guess the world have already recognized bitcoin but not all countries have been willing to accept it in their conmmunity and in case all other bans will be removed and it will be officially accepted by the world, this will surely increase bitcoins value again.
full member
Activity: 504
Merit: 101
Certainly very likely a guy because of the development of technology today is very fast,making it easier for someone in searching various information about bitcoin.Although bitcoin players in the future has increased,I still try to support each other to keep the relationship rope maintained properly.
member
Activity: 280
Merit: 12
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         Imagine Bitcoin known all over the world. Bitcoin is a very valuable coin money among the present, especially at a positive value Bitcoin price is very good for now. So the whole world will go ahead and expand if they trade Bitcoin money as long as I know how to trade with Bitcoin money I feel so much changed, I also feel unlike unemployed people again.
For the rest of the world this Bitcoin will be the same, if everyone of the world can trade with Bitcoin then also no doubt even though they have not got a job.
They can use Bitcoin money for a certain time, having Bitcoin is a huge boon because it is not easy and everything can be done for people who know Bitcoin money trading, I just work hard enough to earn Bitcoin money.
member
Activity: 168
Merit: 11
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 this happens ,my contribution is to support Bitcoin because this is the reason why i have a job and because of that i can helped my husband to buy our daily needs and i  cam support him always and we have savings so i would like to thank bitcoin forever and bitcoin is part of my time and my life.
full member
Activity: 322
Merit: 107
It is possible to recognized bitcoin due to its features and benefits,our world would be rich if that will be implement because it was popular now and we can say bitcoin can reduces poverty ,it can help those people who are jobless and we can earn a lot of profit by investing.
legendary
Activity: 966
Merit: 1042
Bitcoin is definitely already recognized around the world. You can't ignore something when your government has to start making laws about it because it's part of everyone's life. Is there anywhere that hasn't said anything on Bitcoin at all? That would be weird. Assuming they would be able to use the technology, so maybe not some very poor third world countries.
member
Activity: 364
Merit: 10
Alfa-Enzo:Introducing the First Global Smartmarket
Cant imagine if bitcoin will recognize the world. What a successful and rich countrt it is. But thier are many disadvantages if that will happen. As for now, bitcoin is not so famous in our country. Most of my friend are using bitcoin and its rapidly famous in our area because many things can do or can help bitcoin to us. It is not possible that the world will recognize bitcoin because of its faster of earning by your own technology.
full member
Activity: 280
Merit: 100
If the future of Bitcoin is known by everyone, then the crypto will be free of exchange rate instability. At that time people would not be interested in investing in cryptos to make a profit. At that point, cryptocurrency will completely replace the common currency to become the official currency in every transaction. And people instead of cash transactions will switch to cryptos.
member
Activity: 238
Merit: 10
OPEN GAMING PLATFORM
The current Bitcoin is well known to many and invested in it. This has led to a steep increase in the Bitcoin exchange rate recently. If Bitcoin becomes global currencies, the world currency market will have a lot of volatility. Cryptos will develop and replace completely common currency.
member
Activity: 176
Merit: 12
It will be historical revolution in crypto world people priorities will change,Totally world will be change specially in financial sectors transaction will be more secure and quick competition will give more benefit to users by reduce transaction fees.
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