Topic: is it possible? - page 8. (Read 5945 times)
No i guess.i mean maybe it will get the accptance but i dnt think everyone will like it and accept it as the worlds currency just like dollar.i dnt know actually.maybe it can possible
This is issue of government policy. BTC will never be global currency if men who make main decisions in the world don't won't accept it.
It's not up to them. Bitcoin is peer to peer which means the people who use currency are the ones making the decisions. If enough people use it then it could become a viable alternative to fiat.
This is issue of government policy. BTC will never be global currency if men who make main decisions in the world don't won't accept it.
This is the inherent beauty of bitcoin; it is outside the control of the tyranny of central banking and government.
Bitcoin is already a global P2P currency. The true value of the Bitcoin is only just beginning to be understood: "freedom from tyranny" of the war mongering governments and central banking systems which seek to enslave the populations of the world.
The jig is up. We are witnessing the next evolution of the internet, which is bigger than the internet itself!
This can happen, but it takes a long time, because to realize all it takes the process and government involvement, currently Bitcoin is still a debate in the governments of countries that are worried about the existence of Bitcoin.
It won't happen. One of the biggest obstacle would be Bitcoin being decentralized. If you check the current news about countries and Bitcoin, most country that recognized Bitcoin as currency or mode of payment already run into trouble of regulating it. They (government) need to centralized the authority or else things will get out of the governments hand and that is what the government does not want to happen. I believe the technology will be adopted but bitcoin will always be use as an alternative.
This is issue of government policy. BTC will never be global currency if men who make main decisions in the world don't won't accept it.
Bitcoin is already a global currency which in turn is driving many other global crypto currencies.
Will Bitcoin be the global currency? Who knows.
We just need to know that it is what it is right now; a highly secure global P2P network of value and commerce, outside the control of central government and central banking. That is the true existing value, no question about it!
the only way for government to control bitcoin is to turn off the electricity/internet. If that happens then we have much bigger problems than bitcoin.
until then bitcoin will very likely continue show the way into a new world of personal finance and commerce.
Will Bitcoin be the global currency? Who knows.
We just need to know that it is what it is right now; a highly secure global P2P network of value and commerce, outside the control of central government and central banking. That is the true existing value, no question about it!
the only way for government to control bitcoin is to turn off the electricity/internet. If that happens then we have much bigger problems than bitcoin.
until then bitcoin will very likely continue show the way into a new world of personal finance and commerce.
Can bitcoin be the world's currency?
In my opinion, Bitcoin will never be a world's currency or even a country currency. For bitcoin is only a digital currency which means it doesn't have appearance. The other reason why it can't be a world's currency is, it is not centralized, it doesn't pass through central banks. In addition to that, bitcoin is not subjected to tax but still government can impose tax to bitcoin if ever they want to. 
I think, bitcoin has become global currency. Because, we aren't constrained by type currency of any country. We are free to exchange bitcoin in whatever form we want.
No its not yet the global currency as you are stating here. Just because you can use it the way you want doesn't mean you can give it status of global currency. Have you considered Gold as global currency after all its market cap and use in the world? I guess no, so thats smile bitcoin is not the currency of world yet. Its not even reached to half of the population in the world and most of them know about it but don't dare to use to for many of the reasons. It has to grow more and be a entity recognised by all governing bodies, then we can speak about the global status of the bitcoin as currency.
maybe someday it will work together with real money, if bitcoin work beside real money it will makes our day is beautiful because there are many offline stores that accept bitcoin, we don't afraid if we don't bring our wallet, because wi can buy something wth bitcoin ( with our smartphone and internet accecss )
No, It's never possible. Bitcoin will never be a world currency. Bitcoin is the most popular and valuable currency at the present time. Day by day the popularity and price increase will not assume that Bitcoin will be the world currency.In any way a country will not recognize Bitcoin as its primary currency. That is the real thing we have to accept.
In my opinion bitcoin cant never be a world currency it will remain as digital currency or just a storage of hidden treasure. Countries accepting bitcoin is just a mode or method of payment in different market or industry but being a currency government will impose a genius regulation about it. But in our world everything is possible so we cant tell what happen next. Everything i wrote is my own opinion and understanding i dont want to hurt or disrepect anyone in this forum...
Yes I also think that there should be more than one currency, the reason is that if someone dominates it and change the price of it according to his own will, then what the other people of the world will do? That’s why you are right that there should be more than one currency in the world. It is not about disrespecting anyone in this forum we are just giving our suggestions and the rest leave on the people to decide. It would be good it it could be a worldwide currency but it would still create problems. 7 billion plus people sharing 21 million coins. The price is very volatile where hundreds can be lost or gained in hours.
Everything is possible in this world. Nothing is impossible. It is the choice of all the people which currency they want to use and why? Many people in the world still do not know the name of crypto currency and they do not have any idea to invest in some crypto currency for our future, because they do not believe in digital currency. But it is possible that in the near future they also start using cryptocurrency. Can bitcoin be the world's currency?
Yes it could be in the virtual community but no its can't be according to the regulatory authorities. It doesn't carry that much potential, I mean the potential in terms of fulfilling the needs of whole national economic system. This is very huge and as we know there is no limit on which government keeps printing the dollar bill! What about the bitcoin which is limited and off which 6% is in the possession of the Satoshi Sir! I mean do you really think that it would be currency of the world before these complications can be solved? We will see that soon as it approached the near future.
This can happen, but it takes a long time, because to realize all it takes the process and government involvement, currently Bitcoin is still a debate in the governments of countries that are worried about the existence of Bitcoin.
It won't happen. One of the biggest obstacle would be Bitcoin being decentralized. If you check the current news about countries and Bitcoin, most country that recognized Bitcoin as currency or mode of payment already run into trouble of regulating it. They (government) need to centralized the authority or else things will get out of the governments hand and that is what the government does not want to happen. I believe the technology will be adopted but bitcoin will always be use as an alternative.
This can happen, but it takes a long time, because to realize all it takes the process and government involvement, currently Bitcoin is still a debate in the governments of countries that are worried about the existence of Bitcoin.
I think, bitcoin has become global currency. Because, we aren't constrained by type currency of any country. We are free to exchange bitcoin in whatever form we want.
No its not yet the global currency as you are stating here. Just because you can use it the way you want doesn't mean you can give it status of global currency. Have you considered Gold as global currency after all its market cap and use in the world? I guess no, so thats smile bitcoin is not the currency of world yet. Its not even reached to half of the population in the world and most of them know about it but don't dare to use to for many of the reasons. It has to grow more and be a entity recognised by all governing bodies, then we can speak about the global status of the bitcoin as currency.
Can not everyone have it, only rich people can have BITCOIN, what about poor countries? will be difficult to materialize and will be like petroleum is always noisy, do not let happen because Bitcoin people so fighting..
I think your thinking is so short to say, everyone can have Bitcoin as long as they intend and know about Bitcoin, because I think Bitcoin is very helpful to all those who have economic keris or who have not yet got a job, with them looking for Bitcoin and getting it, they will be able to buy everything they want.
Can not everyone have it, only rich people can have BITCOIN, what about poor countries? will be difficult to materialize and will be like petroleum is always noisy, do not let happen because Bitcoin people so fighting..
Can bitcoin be the world's currency?
[/quote
Many countries had started using bitcoin, being a decentralized currency, we send or recieve from any part of the world, moreso almost all the countries around the world had started adopting bitcoin in as much it can be used in addition to a country local currency then bitcoin has become world currency.
[/quote
Many countries had started using bitcoin, being a decentralized currency, we send or recieve from any part of the world, moreso almost all the countries around the world had started adopting bitcoin in as much it can be used in addition to a country local currency then bitcoin has become world currency.
Can bitcoin be the world's currency?
Yes i really believe bitcoin can be the world currency.
It even like that already. Many people all over the world turning to bitcoin day by day.
I was aware of bitcoin or anything called crypto currencies like 2 years ago. But now, many people are getting familiar with it everyday and i believe it can be the world currency.
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