News: Bitcoin won't be Global Currency - page 2.

tsinelas

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Quote from: SmileyLadd on June 06, 2018, 01:55:19 AM

I got caught up in this news last 6 hours ago, most of us participants are hoping that Bitcoin will someday become a Global Currency, why is that?

Any thoughts or opinions about this?

They are aiming that cryptocurrency will become a decentralized and a world wide currency, so how can we trade?if we have same value of money, do we become interested of trading then? We knows that lots of people are against bitcoin which affects it's name and it's growth.

Crypto one

jr. member

Activity: 221

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Bitcoins have failed as a currency so getting bitcoins from where it is now to become a global currency seems like something that ain't going to happen in the near future.
Bitcoins are a store of value, it's a really good place to store your wealth. And after next financial crisis it will most likely be a world know place of storing wealth. I think we will see many rich people who buy a handful bitcoins just to be sure they have access to money if everything else fails.

vin22

jr. member

Activity: 574

Merit: 1

It is just a matter of time for btc to become a global currency it just need a little of our support for it to move that high..
If a few country just legalize it the way others are doing now it will turn global sooner or than we have ever expected.

ajuelnah akun

newbie

Activity: 140

Merit: 0

I don't expect bitcoin to become a global payment currency in the future.
I agree more that bitcoin is only an investment asset.

adpinbr

sr. member

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Merit: 254

Too early for you to state such thing, I think Bitcoin has a shot and opportunity in becoming a global currency, nothing is impossible, and I think it is not impossible for that to happen, you may think of me as an optimist, but in my own perspective and opinion, I really do think that Bitcoin can become a global currency.

teejayrichard2

member

Activity: 574

Merit: 12

bitcoin so far has shown so much promise despite being young in the financial industry. this shows in few years to come it will achieve more than what it has achieved in the past few years. bitcoin will surely become a global currency in no distant time.

malekbaba

legendary

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Global adaptation is the ultimate goal of crypto specially Bitcoin. Only major Fiats are considered as global currency cause you can trade or use them in everywhere. Bitcoin is almost global. Asia, Africa, Europe, America and Australia, people are using btc as a currency. People want a secure way to transact which is cheap, easy, less time consuming and hazard free. BTC fulfills those criteria (almost). The underlying block chain tech is quite impressive and I think BTC is going to be a global currency.

Hkim21

jr. member

Activity: 81

Merit: 1

I'm not too concerned about the future of bitcoin which may not be a global currency, because the fact that now without global currency status bitcoin is still developing and helping many people in financial terms. Although I am sure that with that status will help more people enter the market, but I don't think that is too important as long as I can still enjoy bitcoin.

Epimetheus

legendary

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Quote from: ys fs on June 06, 2018, 02:03:35 AM

maybe yes,because bitcoin not legal all the world, so bitcoin won't be global currency

Bitcoin can't be global currency and their are many reason behind this. Bitcoin is a decentralised currency which means it doesn't under control of any kind of authority or government and many government doesn't want any outside currency in their country on which they have no control. Another reason is bitcoin is a highly volatile currency which means its price doesn't stable and for this the share market of many countries influence. Bitcoin is also involved many serious criminal activities like malware attacks, cryber crime etc.

beniesyde

newbie

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Bitcoin without borders, and you can send it to anyone in the world, even if bitkoyn is banned in your country. I sent Bitcoin to friends from 15 countries, and I bought products and services from Bitcoin in even more countries. I believe that these are the future

WebTera

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Bitcoin may not be able to become a global currency in every country, but over time it will be used by the whole world, I am sure. It is very convenient and everyone will understand its advantage.

Elerntta

member

Activity: 490

Merit: 10

I very much hope that bitcoin will have enough opportunities to become a single world currency, but unfortunately this is far from reality. There are countries that have banned it in their territories.

aLLvaro20

jr. member

Activity: 115

Merit: 1

Maybe my opinion if Bitcoin (BTC) becomes a global currency will sound difficult to materialize, but if used globally we have often found it in everyday life, because this digital currency has become the biggest transaction tool for e-commerce in service providers virtual money transactions. This is because many a transactions without face-to-face are made by everyone in various parts of the world because bitcoin transactions can be done easily anywhere in the world as long as they are connected to the internet..

zarintasnim

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Vave.com - Crypto Casino

Bitcoin is all ready global currency. Bitcoin is very popular currency in all over the world. So many fields are use in bitcoin in everyday. And everyday include in new fields. All govt realize the importance of bitcoin and they take positive step.

thichtieuthuong

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Quote from: SmileyLadd on June 06, 2018, 01:55:19 AM

I got caught up in this news last 6 hours ago, most of us participants are hoping that Bitcoin will someday become a Global Currency, why is that?

Any thoughts or opinions about this?

Time will answer everyone in the world since its inception so Bitcoin is showing its development and improving itself. Although the government in some places has introduced laws to limit Bitcoin, there are also countries that accept Bitcoin and allow citizens to use it. I believe that Bitcoin will become an important global currency as time is the trend of the times so there is nothing that can be prevented.

thankyoulord

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Activity: 475

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Tackling Climate Change Using Blockchain

Well bitcoin is one currency that has shown so much potential within a short period of time. Bitcoin was invented with a great and unique ideology never seen or heard of before. It will surely become a global currency as the world continues to see it's potential thereby adopting it's usage.

globalpain

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The OGz Club

Quote from: TheClownSong on July 18, 2018, 07:56:35 AM

Quote from: SmileyLadd on June 06, 2018, 01:55:19 AM

I got caught up in this news last 6 hours ago, most of us participants are hoping that Bitcoin will someday become a Global Currency, why is that?

Any thoughts or opinions about this?

To be global currency, bitcoin should accepted by most country in the world. Many country in the world wont issuing regulation on bitcoin if used for payment. I think its hard to make bitcoin as global currency, because central banks must be want to take control on supply

yes I agree, it is very difficult for bitcoin to become a global currency, many countries forbid bitcoin from being used as a currency for payment transactions, this greatly inhibits bitcoin from becoming a global currency, so in my opinion it takes a long time for bitcoin to become a global currency

joerogers8

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Negative trust for an opinion! Check it out.

I believe Bitcoin will be the next world currency because the US government has not gone to war with it and is not on the media 24/7 brain washing their population about the sever danger of using such a horrible technology. The governments allow Bitcoin so they are Bitcoin.

xuzukami

jr. member

Activity: 182

Merit: 1

I do not agree with this view. Although it is difficult to be sure of this. But according to the way BTC has shown in the past few years, I still put a lot of trust in BTC, I still expect Bitcoin to become the first electronic currency to be used to replace the dong traditional money, because of the utility that it brings to human life

pshannon21658

newbie

Activity: 77

Merit: 0

Bitcoin is the demand of new generation people. Due to it's easy transition, availability people love crypto currency more than flat money

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