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Topic: News: Bitcoin won't be Global Currency - page 7. (Read 1120 times)

newbie
Activity: 196
Merit: 0
June 20, 2018, 11:33:05 PM
#84
bitcoin will not be a global currency even though its existence can be inaugurated by all countries, as all nations fear that the local currency will be abandoned by the layers of society. until when bitcoin will not be entirely a global currency but only an alternative means of transactions around the world
yes I agree with what you say, it would not be easy for bitcoin to become a global currency even though bitcoin has been legalized in many countries, I think bitcoin is created and accepted in some countries in the world just to help the shortcomings possessed of paper money.
Bitcoin is by far one of the most significant and influential currencies, but this does not mean that its power will be eternal and permanent. everything changes in this world and bitcoin will not be an exception. but I think it will not happen soon
newbie
Activity: 109
Merit: 0
June 17, 2018, 12:39:38 AM
#83
if it just got the support of the governments of the all countries then er will surely going to be the global currency.
jr. member
Activity: 153
Merit: 7
June 14, 2018, 05:41:11 AM
#82
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?

Certainly because bitcoin is the very first curency and is sure to be known around the world despite the fact that many scams still do not match the bitcoin with any coin because it is the only one.
full member
Activity: 418
Merit: 100
24/7 COMMUNITY MANAGER 💯
June 14, 2018, 05:35:59 AM
#81
I don't think bitcoin will be a global currency because it is volatile and no one can gain the control so governments are afraid to deal with bitcoins.

What do you mean? I thought bitcoin are already a global currency there are so many countries are already use it to many things through investment and transactions with online payment.
hero member
Activity: 1139
Merit: 500
June 14, 2018, 05:30:25 AM
#80
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?

Before I answer that, you post a title it won't then you want to why, you're confused and you don't even know what's the answer you're looking for.

Bitcoins is the best thing that can happen to all humans, no longer need to go to banks, pay hefty conversion charges or wait for a human executives to give you your money, with bitcoins it's a click and it's done. You can track it in real time and that's what the world needs.
Exactly! It is a breakthrough and is purposely created to give people freedom of privacy in their transactions. Making it fast, easy, and cheap to send transactions with no extra charges, money can be sent with ease from anywhere and everywhere in seconds, and more other opportunities. Though, life is inevitable, but with its potential and the increasing number of participants it seems to be that it can have a brighter future.
copper member
Activity: 308
Merit: 0
June 14, 2018, 05:11:58 AM
#79
I don't think bitcoin will be a global currency because it is volatile and no one can gain the control so governments are afraid to deal with bitcoins.
newbie
Activity: 145
Merit: 0
June 14, 2018, 04:48:44 AM
#78
I think that this will not be a panacea, about which people once thought that it can solve various problems, will not become global in all countries. A large percentage of the world's population do not know about its existence, yet some do not readily understand, but many more years will pass and everything can be)
member
Activity: 532
Merit: 15
June 14, 2018, 04:32:35 AM
#77
you are expecting adult class responsibilities from a toddler - bitcoin is still young and give it a few decades.
hero member
Activity: 2646
Merit: 686
June 14, 2018, 02:48:54 AM
#76
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?

Before I answer that, you post a title it won't then you want to why, you're confused and you don't even know what's the answer you're looking for.

Bitcoins is the best thing that can happen to all humans, no longer need to go to banks, pay hefty conversion charges or wait for a human executives to give you your money, with bitcoins it's a click and it's done. You can track it in real time and that's what the world needs.
newbie
Activity: 8
Merit: 0
June 14, 2018, 02:42:06 AM
#75
 It must be controlled, or regulated in a sense that the government can alter its supply at will so as to help the economy stimulate. Fiat accomplishes all of those, though because of the ability of the government to alter its current supply, it's prone to hyperinflation and devaluation more than cryptocurrencies. Personally, I'd like to see people using bitcoins in a global scale even in the tiniest transaction
newbie
Activity: 82
Merit: 0
June 14, 2018, 02:45:28 AM
#75
It is already an ecumenical currency because anyone can liberatingly utilize it but the authentic quandary is the issue about the licitness in countries and this is the reason why bitcoin is being obviated from reaching its mass adoption and be utilized as a medium of payment or as a currency. But I understand why some countries dont want it as a currency it is because of the volatility of it and it is hard to utilize a currency that is not stable. And I cerebrate it will never be stable because it is being traded and people are just into it because of the profit that they can get from investing in bitcoin.
newbie
Activity: 26
Merit: 0
June 10, 2018, 11:51:40 AM
#74
We must understand the difference between the words, global currency and the single currency. I believe that Bitcoin will be one of the major players in the fund transfer industry but it won't be the single currency on a global level. In fact, Technically Bitcoin is already a global currency even today as anyone from any corner of the world can use it without any issues but practically, we still have a long way to go.

We must indeed. Thank you Sir/Maam.
member
Activity: 252
Merit: 17
June 09, 2018, 02:23:59 PM
#73
this should have a broad view, there must be some who agree if bitcoin be the most important digital currency in cryptocurrency, but some others disagree. but do not rule out, bitcoin will be the currency of the world cryptocurrency. but this is just my view someday.
member
Activity: 322
Merit: 17
June 09, 2018, 01:43:37 PM
#72
bitcoin will be more global currency than it is now
Large companies, bodies and countries began to give them legitimacy
And deal with them and codify their existence
I think the existence of the bitcoin is no longer controversial
The amount of money in the cryptocurrency market is very huge and will be increased and there must be
Legal solution for countries to regulate this large market and benefit from the size of large taxes Behind them
full member
Activity: 664
Merit: 112
Ethernity CLOUD
June 09, 2018, 01:20:43 PM
#71
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?

many people think that bitcoin will become a global currency because there are already some countries that have received bitcoin as a legal means of payment.
in addition many people expect bitcoin to be global currency because bitcoin has several uses such as to trade, invest and for the means of payment.
hero member
Activity: 1190
Merit: 534
June 09, 2018, 11:57:19 AM
#70
We must understand the difference between the words, global currency and the single currency. I believe that Bitcoin will be one of the major players in the fund transfer industry but it won't be the single currency on a global level. In fact, Technically Bitcoin is already a global currency even today as anyone from any corner of the world can use it without any issues but practically, we still have a long way to go.
jr. member
Activity: 207
Merit: 2
June 09, 2018, 10:27:40 AM
#69
It's too early to say that Bitcoin will not be a global currency. Bitcoin still needs a long process to be accepted as a substitute for the fiat currency we use today. There are already some countries today that use Bitcoin as a means of payment transactions and also their currency exchange, so we can see and also feel if Bitcoin is in the process of developing to become better in the digital currency of the future.
member
Activity: 308
Merit: 11
June 09, 2018, 01:50:29 AM
#68
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?
Bitcoin can not be a global currency because of its high volatility. With such volatility, it is very difficult to use it as money. Such money does not have constant or at least more or less stable price values, and this greatly hampers the conduct of business, in which the size of profits should be calculated in advance.
newbie
Activity: 130
Merit: 0
June 09, 2018, 01:35:08 AM
#67
Bitcoin is gobal, but some requirement to be fulfill transparent of transaction fees speed, have to all access
member
Activity: 238
Merit: 10
dApps Development Automation Platform
June 09, 2018, 01:05:44 AM
#66
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?

It's highly doubtful that it might happen. What country would set the currency? That question itself is hard to answer. With many egotistic leaders of countries, would one submit to another's idea? Trump wouldn't agree if Putin proposed btc as international currency? Doubt it.

Let's not forget the middle eastern countries where kings sit as their leaders. And of course 3rd world countries who doesn't have technology like other advance country has.
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