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Topic: When will be see bitcoin as international currency? (Read 21156 times)

newbie
Activity: 50
Merit: 0
I think its gonna be years before that happens!
copper member
Activity: 138
Merit: 1
What do you define as "international currency?" If you see it as the form of currency which can be used all over the world, then bitcoin is already the international currency. However, if you ask whether it would replace dollar or not, I would still doubt. Not in few decades?
full member
Activity: 175
Merit: 103
For me, as of now it serves as an international currency. Why I said so? It is becayse bitcoin is widely used on a lot of cluntry in the world. Tgey either use it as an alternative for money in the internet, or as a form of investment. Which I might say is wise.

Germany is the first country in the world to recognize bitcoin, requiring citizens to pay taxes or use it for other purposes. But not in China, you can only play on a trading platform such as firefly. This depends on the different national conditions of each country different policies.
member
Activity: 188
Merit: 10
As people are awarding of bitcoin & its potential.When we can see bitcoin as international currency? Huh

This will take many more years to come. Especially now after another bitcoin exchange security breach. The bitcoin price is just not stable enough to be a major international currency. Investors are getting spooked out of bitcoins too fast.

I dont think bitcoin can be the major international currency because you told us the best reason thats bitcoin price is not very stable and the volatile is very high.
International or national currency should be more stable like other fiat but not from crypto.
newbie
Activity: 98
Merit: 0
Hello. It can be it will be, and it can and be not! Nobody can say. Here 50/50. But it would be probably not bad. And you that does think?
full member
Activity: 352
Merit: 100
No chance we will ever see bitcoin as international currency - LoL. But we will one day for sure see some other cryptocurrency as the main international currency. Unfortunately, I am afraid this will happen only the day that the banking system will have found a way to be in control of that 100%. I hope I'm wrong though.
Hopefully they won't. We will see how fast will grow development of quantum machine, this is the closest problem, I think.

This surely is an issue, which however Bitcoin could bypass just by turning to PoS. A more relevant issue is the political will by the governments to accept it. And I don't think this will ever happen.
member
Activity: 238
Merit: 10
As people are awarding of bitcoin & its potential.When we can see bitcoin as international currency? Huh
For bitcoin to become international currency, I think it is necessary to develop the benefit of bitcoin, simplify transactional issues, develop more systems to facilitate bitcoin trading in the world. Countries see the strengths of bitcoin and gradually accept, after all countries in the world accept bitcoin will become common currency worldwide.
full member
Activity: 1218
Merit: 105
I like bitcoin as it is. I think it doesn't need to have the label international currency when it already functions as one.
it will be very soon because bitcoin is now very strong and powerful in market and day by day its price is going more high and that’s why everyone they are going to accept bitcoin because bitcoin such a life changing currency in market and its price is also very high as compare to any other currency because bitcoin don’t want to lose its value and bitcoin want to survive for a long time so I’m sure that bitcoin will a future currency in future.
I don't think that it will be named as an international currency or anything like that because of the volatility issue of bitcoin and other crypto currencies. But I think making it legalize in every country will make bitcoin more stable even it's not named as an international crypto currency as long as it has value. Smiley
member
Activity: 266
Merit: 10
Bitcoin has incredible potential to be an international currency and the next mainstream technology, because bitcoin has many benefits when used, as an investment and as a currency for electronic payments.
When all countries  accept bitcoin, when laws and regulation about bitcoin are signed and approve by every country and when they have agreements over it, it will become officially international currency.
member
Activity: 1764
Merit: 10
I think at least 10 years later, because now bitcoin is too dangerous to be called an official currency in the whole world, because no one has access to bitcoin and its users, what means that people can calmly comb out dirty money and they will not have anything for it, to anyone government it is not profitable. If bitcoin will enter person identification then without any problems in a few years we could already see how bitcoin will become official currency, but for now we can just dream about it.
member
Activity: 156
Merit: 10
For me, as of now it serves as an international currency. Why I said so? It is becayse bitcoin is widely used on a lot of cluntry in the world. Tgey either use it as an alternative for money in the internet, or as a form of investment. Which I might say is wise.

Being a national currency is not for bitcoin right now. The priority is gettind adopted by the entire young community. Then we can discuss this things later on. This is my personal belief.
member
Activity: 560
Merit: 13
yep, bitcoin already serves people as a international currency since the transactions and exchanges are done across the border. The block chain technology allows bitcoin and other crypto currencies to do transactions in a jet speed even though crypto currency do not have any dedicated server placed across borders or countries. People across the countries dedicate and help bitcoin and other crypto to do super fast transactions with their mining tools. Even banks are slowly switching to block chain technology for their super fast conversions and these are the milestone for bitcoin to become an international currency.
newbie
Activity: 5
Merit: 0
No chance we will ever see bitcoin as international currency - LoL. But we will one day for sure see some other cryptocurrency as the main international currency. Unfortunately, I am afraid this will happen only the day that the banking system will have found a way to be in control of that 100%. I hope I'm wrong though.
Hopefully they won't. We will see how fast will grow development of quantum machine, this is the closest problem, I think.
full member
Activity: 352
Merit: 100
No chance we will ever see bitcoin as international currency - LoL. But we will one day for sure see some other cryptocurrency as the main international currency. Unfortunately, I am afraid this will happen only the day that the banking system will have found a way to be in control of that 100%. I hope I'm wrong though.
newbie
Activity: 5
Merit: 0
It will takes time that bitcoin will be our international currency,it is a long process and I guess many people will hinder on this but i think bitcoins has a big chance and I can say that if that happens the crypto users will surely happy on it and many investors will surely invest on it and the btc will higher on its price.
I can agree with you about cryptocurrency, but not sure about btc particular. Because high fees and slow transactions are big problems for it.
full member
Activity: 237
Merit: 100
It will takes time that bitcoin will be our international currency,it is a long process and I guess many people will hinder on this but i think bitcoins has a big chance and I can say that if that happens the crypto users will surely happy on it and many investors will surely invest on it and the btc will higher on its price.
jr. member
Activity: 462
Merit: 1
Now bitcoin has a lot of problems with the course and stability. I do not think that this year it can become an international currency in full measure. In the future, everything is possible.
full member
Activity: 420
Merit: 101
For me, as of now it serves as an international currency. Why I said so? It is becayse bitcoin is widely used on a lot of cluntry in the world. Tgey either use it as an alternative for money in the internet, or as a form of investment. Which I might say is wise.
newbie
Activity: 33
Merit: 0
it is not too far when bitcoin will be future currency of the international world.we need to support more and more bitcoin and stay tune with it.
newbie
Activity: 67
Merit: 0
Lets take this conversation like this: "how will the governments adopt this digital emerging world?" After that all coins will be international.
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