Topic: What would it actually take to make BitCoin the most used currency in the world? - page 2. (Read 2995 times)
August 19, 2016, 01:46:21 PM
People need to be fucked up and slapped around a couple times more until they understand the importance of being self sufficient and holding your own savings instead of putting them in third party places like banks and whatnot. People will learn the hard way how valuable Bitcoin is.
August 19, 2016, 12:26:12 PM
I think we can start do that from ourself. I mean, we can spread the information about bitcoin and the benefit of using bitcoin as currency and as investment.
yeah, i think that is the most that i can personally do at the moment though i doubt that it would help as people usually dont want to hear about it 
August 19, 2016, 09:11:43 AM
What would need to happen to the global economy to actually make Bitcoin take over in place of National Currency like, USD, CAD or EURO?
So many people on here are banking on this happening one day, many even openly use this as a reason to invest in coins like Monero.
So I ask you, what do you think it would it actually take to make that happen?
WW3? An Asteroid, Alien Invasion?
So many people on here are banking on this happening one day, many even openly use this as a reason to invest in coins like Monero.
So I ask you, what do you think it would it actually take to make that happen?
WW3? An Asteroid, Alien Invasion?
Start by making BTC scalable and capable of handling thousands of transactions per second without bloating the blockchain too much and without further centralization of mining. Until then stop asking such questions and be happy with what we have. BTC is still awesome.
August 19, 2016, 08:39:17 AM
It is also important to make it easy for people to understand, how to use bitcoin, wallets, etc. I think, if we provide more information in a simple way, that could have an effect.
August 19, 2016, 06:52:34 AM
I think we can start do that from ourself. I mean, we can spread the information about bitcoin and the benefit of using bitcoin as currency and as investment.
no matter how much information we spread about bitcoin, we can't force people to use it. the impression of bitcoin on the average joe isn't helping at all. the media effect is having a serious impact on them. it sounds weird, but they have full trust and confidence in the government. something that isn't in control of the government is a danger spot for these people. don't think it will change.
August 19, 2016, 06:45:03 AM
I think we can start do that from ourself. I mean, we can spread the information about bitcoin and the benefit of using bitcoin as currency and as investment.
August 19, 2016, 06:11:35 AM
What would need to happen to the global economy to actually make Bitcoin take over in place of National Currency like, USD, CAD or EURO?
So many people on here are banking on this happening one day, many even openly use this as a reason to invest in coins like Monero.
So I ask you, what do you think it would it actually take to make that happen?
WW3? An Asteroid, Alien Invasion?
So many people on here are banking on this happening one day, many even openly use this as a reason to invest in coins like Monero.
So I ask you, what do you think it would it actually take to make that happen?
WW3? An Asteroid, Alien Invasion?
Bitcoin is cryto currency and as you said USD, CAD and EURO, those all are fiat currency, and you know now few years ago crypto currencies have introduce in this world, it need take some time, and hope after 10 years, bitcoin achieve more top places.
August 19, 2016, 06:11:28 AM
many countries still not accepted bitcoin , first that needs to be legalized and government has to allow that for transactions. further that bitcoin has to become popular so that all the internet user should depend on that . many shopping places ,sites ,banks should allow the bitcoins ,then i believe it may come in to value of currency.
August 18, 2016, 05:09:20 PM
bitcoin need to convince the big merchants if they start using bitcoin for their trading hope no one will be able to stop bitcoin from becoming the world most preferable currency of the world. and all the people will then use bitcoin for their trading.
August 18, 2016, 03:45:32 PM
I think it would take something like the Amazons and the Paypals to add bitcoin as a payment method and that would dramatically increase the visibility and increase adoption. Even better would be to have the bitcoin symbol printed on a limited number of postage stamps lol 
well you might be right, without them it is going to be hard to get a huge adoption with bitcoins at the moment, though i hope situation will change 
August 18, 2016, 03:18:56 AM
difficult to bitcoin would like USD, CAD or EURO, bitcoin only digital currency, and everyone can not use this money for some particular reason. we need that many users to make bitcoin getting bigger, and likely to happen any in the future, as an alternative digital payment used all over the world.
August 18, 2016, 02:44:17 AM
A killer app would certainly help and lot of promotion would be required.
August 18, 2016, 02:31:04 AM
Stability is the most important factor for mass adoption. People need to know how much money they have at any given time. With Bitcoin, the amount of money you'll have when you wake up tomorrow is likely going to be different from the amount you have now. This makes planning ahead impossible and you can't live with that kind of uncertainty if you have a family and bills to pay. Then there is the fact that nobody is really responsible for Bitcoin, you're not insured and there is nobody you can run to for help if you wake up to a hacked wallet and your life savings gone.
August 18, 2016, 01:58:51 AM
What would need to happen to the global economy to actually make Bitcoin take over in place of National Currency like, USD, CAD or EURO?
So many people on here are banking on this happening one day, many even openly use this as a reason to invest in coins like Monero.
So I ask you, what do you think it would it actually take to make that happen?
WW3? An Asteroid, Alien Invasion?
As per my understanding, bitcoin has all the potential to get into that place.So many people on here are banking on this happening one day, many even openly use this as a reason to invest in coins like Monero.
So I ask you, what do you think it would it actually take to make that happen?
WW3? An Asteroid, Alien Invasion?
More importantly, the border-less nature of bitcoin will make it to be the most used the currency in this world. Other than that, many of seriously advantageous features of bitcoin undoubtedly will force the world economic to adopt it.
Then obviously bitcoin will be the leader with whatever criteria we will be setting.
August 18, 2016, 01:23:18 AM
Some hundreds millions USD in Web advertising, and BTC implementing in world banks market can be start steps to Bitcoin as most used currency in the world. But even then BTC transaction time must be not more than 2 minutes, otherwise it is not possible to use it in shops. 
Advertising might be a good way to introduce bitcoin? the question is who will do that spend hundreds millions dollar in advertising? satoshi?i completely agree with you bitcoins need to be developed the one is transaction time once bitcoin is powerfull it's ready to be popullar currency in tjhe world
August 18, 2016, 12:50:25 AM
amazon accepting it won't do squat. what would do it is the rise of an online economy among unbanked people. if people in the west saw that new opportunities were being created where they couldn't exist before then they'd start to pay attention.
i disagree.
any big place with a huge number of users and huge amount of money transfer every day is a good place to see bitcoin at. this helps the adoption and adoption means more users buying and using bitcoin in other words it can become the most used currency online (at least) and the price will also rise a lot.
August 17, 2016, 01:12:06 PM
I think that in countries that bitcoin is not supported and banned from their government bitcoin is being used in the illegal way of course and if these countries legalize bitcoin then I believe that bitcoin price will be increased but to be the most used currency I think people should move their big shares in bitcoin
Not the people, but big companies would have to move their big shares in bitcoin in order to make it one of the most used currencies in the world, because without that it would never be able to reach mainstream if it is not adopted by big companies around the world.
One of them are amazon, aliexpress, walmart etc those that have millions of costumers and from many different countries in the world and when they expand accepting bitcoin then it will make bitcoin price rising even more.
That would obviously rise the price of bitcoin if those sites accept bitcoin, but it would just spread in the world of internet but we need adoption to a large extent in physical world, so that the people unaware of bitcoin or having different or negative ideas about it start learning and knowing its usage.
August 16, 2016, 07:22:54 PM
Death of Fiat. And not just the death of the USD, but the euro and all currencies. It would take nothing short of a global economic disaster, and even then I think people would be flocking to precious metals and tangible things, not bitcoin. I think it would be possible but highly unlikely. If a zombie apocalypse happened today, people still don't know shit about bitcoin. The nerds would be hiding in the bunker trading bitcoin for seeds, but Johnny Lunchbox On The Street would be sitting on a pile of guns and gold.
You have to start small. These kinds of questions are jumping way ahead.
You have to start small. These kinds of questions are jumping way ahead.
August 16, 2016, 06:52:33 PM
amazon accepting it won't do squat. what would do it is the rise of an online economy among unbanked people. if people in the west saw that new opportunities were being created where they couldn't exist before then they'd start to pay attention.
August 16, 2016, 01:55:47 PM
I think that in countries that bitcoin is not supported and banned from their government bitcoin is being used in the illegal way of course and if these countries legalize bitcoin then I believe that bitcoin price will be increased but to be the most used currency I think people should move their big shares in bitcoin
Not the people, but big companies would have to move their big shares in bitcoin in order to make it one of the most used currencies in the world, because without that it would never be able to reach mainstream if it is not adopted by big companies around the world.
One of them are amazon, aliexpress, walmart etc those that have millions of costumers and from many different countries in the world and when they expand accepting bitcoin then it will make bitcoin price rising even more.
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