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Topic: Imagine Bitcoin recognized around the world. - page 20. (Read 2244 times)

newbie
Activity: 28
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?
I do not think that bitcoin will still get accustomed to absolutely all over the world. Because there are still countries where traditional currency hardly survives
member
Activity: 126
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?

If bitcoin is recognized around the world it means bitcoin is our currency to all over the world..And bitcoin will be powerful to control all over the world. Bitcoin will not be recognized if the United Nations did not agree. Maybe that time also is we have a one world government too,so that the world will rule is one person for the better uture of all people. Bitcoin will give progress to all of us. Everybody will be thankful to bitcoin because it gives us life, it gives us hope and the future we hope for.
newbie
Activity: 70
Merit: 0
In a sense it is. It's become a term that's pretty much know by over 50% of the people. At least here in the US. Even my mother has heard about it.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
In fact, bitcoin already has a great recognition, but this is reduced to a very specific segment of the population interested in issues related to financial, computer and technological matters. I think that there is still a lot of work to be done so that the bitcoin has a greater recognition among the large masses, especially in the popular segment that could greatly benefit from its use.
Bitcoin is recognized widely among the young population of most first world countries, what we are lacking is those people to adopt bitcoin and since the fees are so high then there is not other way to attract them but with the price of bitcoin, unfortunately most people in that age are not investors.
sr. member
Activity: 2604
Merit: 338
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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?
Its wide acceptance still sounds much like a joke. Peopl who are into it are fed up of its scaling issues already
I did really laugh on the thing you said on here which is actually true. Thinking of regarding on this matter on which bitcoin being recognized globally would only be possible on our dreams.We are already seeing on how do government do treat up bitcoin, some of them did tend to adopt but most are already making such blockage or banning due to its potential threat to their vicinity this is why I do already lose hope for that global recognition  of bitcoin.
full member
Activity: 266
Merit: 151
First crypto index traded as a token!
Bitcoin can be recognized all around the globe. See Japan f.i. Bitcoin is being used by more and more companies  and the majority is familiar with bitcoin. But it's not going to be easy, as governments are trying to centralize and regulate cryptocurrency. However, it won't take long before they also adopt bitcoin and start to use it.
member
Activity: 209
Merit: 10
It is possible that Bitcoin will be recognized in the whole world because of it's increasing users and maybe in the near future the government will recognize bitcoin as a currency
sr. member
Activity: 728
Merit: 275
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?
Its wide acceptance still sounds much like a joke. Peopl who are into it are fed up of its scaling issues already
full member
Activity: 168
Merit: 101
I also believe that the news has spread every where but most people think it could be a scam or illegal. Some think with Bitcoin and its underlying blockchain being such incredibly new technological concepts, it can seem daunting at times to try and research and understand its underlying technical details.  
full member
Activity: 252
Merit: 100
It should really happen soon as we need to spread awareness about bitcoins to every individual we could. It is not only beneficial for them but also for us bacause it will gradually increase the number of invetros and the price will go much more high as compared to now. Also i would like to contribute myself to start some ATM, Banks, etc for bitcoins which can make it easy for each individual to purchase or sell bitcoins immediately.
sr. member
Activity: 2842
Merit: 326
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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?
Everyday people enquires about bitcoin as it popularity soars daily definitely more people will recognize it and use it, the recent contribution of bitcoin to the growth of Japanese economy attested to the fact that people from the Asian continent are growingly adopting bitcoin as a digital currency and very soon people  around the world will adopt bitcoin for their transactions.
full member
Activity: 560
Merit: 121
I hink bitcoin is recognized everywhere but the problem is not everyone who knows and heard about it trust it. The reason some do not involved themselves on it even though they know about it is they are doubtful and fearlful they might be engaging in a wrong thing.
legendary
Activity: 1184
Merit: 1013
it is already hit every corner in the world but for sure when the price of one bitcoin hit 100 k $ then be prepared for advance hacking methods .
advance hacking methods?
are you talking about taking down the decades old (by the time bitcoin (if) reaches 100k) publicly maintained ledger running on millions of loads?
Or are you talking about cracking private keys?
because none of the two seem doable to me.
As for stealing login credentials or private keys from local media or exchange servers, its something that won't depend on the price of bitcoins. Potential hackers with enough skills would do it whenever they can irrespective of the price of bitcoin.


and trust me, bitcoin is still unknown by MANY
hero member
Activity: 910
Merit: 500
it is already hit every corner in the world but for sure when the price of one bitcoin hit 100 k $ then be prepared for advance hacking methods .
member
Activity: 349
Merit: 10
Yes! There is a possibility that bitcoin will be recognized around the world, if the government will legalize bitcoin in ones country, seminars about bitcoin will be done and industries,factories,malls will accept bitcoin as a payment. So, in that way bitcoin will be known and lots of people will be interested in bitcoin.
If Bitcoin is recognized around the world, it's going to be hacked into the network, because Bitcoin is heavily dependent on the internet and it's full of risks, but if it's universally recognized, it's definitely will be more protected and more advanced than blockchain
sr. member
Activity: 378
Merit: 250
If bitcoin is recognized around the world then it will be the greatest news for me because that means massive adoption for bitcoin and we will get a lot of benefits from that like bigger coverage of places to spend bitcoin and also to get some profits because the massive adoption will result into a huge price spike.
member
Activity: 350
Merit: 11
Well, most likely it is recognized throughout the world as an electronic currency, the only question is when it happens.
sr. member
Activity: 1050
Merit: 286
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?
Maybe bitcoin will be used by many individuals if that happen and because bitcoin recognizes worldwisw maybe many governments will legalized and implement to use bitcoin as their currency and as their money. And also maybe the transaction worlwide will be fasten.
sr. member
Activity: 1078
Merit: 342
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I think that if bitcoin got recognized by the whole world, the price surely would go so high, not to mention that all people would be aware of the existence of bitcoin. They would start to invest in it and no one would ever rely on banks any longer. That is why it would be an economic disaster.

Plus, governments would also put some regulations on it. But I do not think it would be recognized by the whole world. It is impossible because the government would attempt to prevent the progress of bitcoin recognition.
full member
Activity: 322
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 that is not impossible especially this day where technology is scattered around the world and the information are very easy to deliver in the whole world so as bitcoins. And the bitcoins are now recognize in the whole world but not all people nows that those exist because they are some places that cannot access internect connection so how can they know that bitcoins exist if the ilonly thing you can access bitcoins is non accessible to them. But i know that they will be more popular this year
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