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Topic: When will be see bitcoin as international currency? - page 11. (Read 21206 times)

newbie
Activity: 21
Merit: 0
i think bitcoin is already an international currency because i see that nowadays bitcoin is acceptable in everywhere and bitcoin transaction is very faster than other currency and we can say that bitcoin is already international currency.
legendary
Activity: 1176
Merit: 1024
i think bitcoin is already an international currency because i see that nowadays bitcoin is acceptable in everywhere and bitcoin transaction is very faster than other currency and we can say that bitcoin is already international currency.

Yes bitcoin is an international currency but not on the ground level. People around the world can send and receive bitcoins but the overall percentage of bitcoin users compared to the fund transfer industry (including paypal + wire + cash etc) is very low. We must create awareness among friends and family to use bitcoin. We can safely say bitcoin is international currency on ground level too when there will be significant amount of users around the world.
Yes, the users of bitcoin are very low, but it is a fact that the number of bitcoin users are increasing continuously. Interestingly the progress of becoming international currency and the user base are happening simultaneously as in decentralized system there will no one to declare as international medium of exchange, only we people need to make it so by using it across continents.
full member
Activity: 238
Merit: 100
Already it's an international currency because all user across the world usage this currency. To get the status as international currency it should be accepted by all the countries but unfortunately many country had already banned it.
hero member
Activity: 882
Merit: 544
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.

Please excuse me sir,  I don't think that  it will take many more years. or may I correct you, actually it is already an international currency because there are more countries adopting the system of bitcoin and trying to implement it in different aspect of their business.
Bitcoin being an international currency does not mean that it is used my some people all over the world IMO, it means that it will be used as one of the most used currency like dollars by MANY OF THE WORLDS POPULATION not SOME OF THE WORLDS POPULATION. There are also some countries who see bitcoin not as a currency, and it ain't globally accepted yet. For now many countries are adopting the system of bitcoin but it ain't an international currency yet. IMO it will take many years before bitcoin is accepted globally by the people and for it to be a recognized as a currency.
hero member
Activity: 1092
Merit: 500
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.

Please excuse me sir,  I don't think that  it will take many more years. or may I correct you, actually it is already an international currency because there are more countries adopting the system of bitcoin and trying to implement it in different aspect of their business.
newbie
Activity: 8
Merit: 0
It will take a very very long time. Many people within the industry just want to talk about Blockchain, and think Bitcoin will follow Nokia and Blackberry's demise
hero member
Activity: 644
Merit: 500
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Already many people are using bitcoin as international currency, now a days many people are accepting bitcoin for the stores in some countries. In some countries government make bitcoin as legalized currency.
hero member
Activity: 2870
Merit: 574
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i think bitcoin is already an international currency because i see that nowadays bitcoin is acceptable in everywhere and bitcoin transaction is very faster than other currency and we can say that bitcoin is already international currency.
I agree with you could see bitcoin users already spread all over the world, almost every country may have bitcoin users, it means bitcoin can be used in all countries, and it proves that bitcoin is an international currency

yes its true but its not mean that bitcoin is already accepted in offline because until now only few country that want to receive bitcoin as payment and we only the ATM machine on that country but for offline store, i think its only few place in the world. so i think its more than 5 years later we will see that bitcoin will be use as international currency.
sr. member
Activity: 462
Merit: 250
i think bitcoin is already an international currency because i see that nowadays bitcoin is acceptable in everywhere and bitcoin transaction is very faster than other currency and we can say that bitcoin is already international currency.

Yes bitcoin is an international currency but not on the ground level. People around the world can send and receive bitcoins but the overall percentage of bitcoin users compared to the fund transfer industry (including paypal + wire + cash etc) is very low. We must create awareness among friends and family to use bitcoin. We can safely say bitcoin is international currency on ground level too when there will be significant amount of users around the world.
no doubt the number of bitcoin users is very low but people are adopting bitcoin as investment regularly, and that is the reason that now bitcoin can be use as currency in most in most places in the world.
sr. member
Activity: 700
Merit: 277
It looks like it didn't take much longer, after many financial institutions use and approved the bitcoin, it will be followed by the Government.
hero member
Activity: 1666
Merit: 502
As people are awarding of bitcoin & its potential.When we can see bitcoin as international currency? Huh
i think bitcoin already an international currency maybe yes maybe no . bitcoin can be used in various countries as a means of payment and exchange local currency, but there is also prohibition the use of bitcoin in a country
hero member
Activity: 1190
Merit: 534
i think bitcoin is already an international currency because i see that nowadays bitcoin is acceptable in everywhere and bitcoin transaction is very faster than other currency and we can say that bitcoin is already international currency.

Yes bitcoin is an international currency but not on the ground level. People around the world can send and receive bitcoins but the overall percentage of bitcoin users compared to the fund transfer industry (including paypal + wire + cash etc) is very low. We must create awareness among friends and family to use bitcoin. We can safely say bitcoin is international currency on ground level too when there will be significant amount of users around the world.
hero member
Activity: 2618
Merit: 548
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i think bitcoin is already an international currency because i see that nowadays bitcoin is acceptable in everywhere and bitcoin transaction is very faster than other currency and we can say that bitcoin is already international currency.
I agree with you could see bitcoin users already spread all over the world, almost every country may have bitcoin users, it means bitcoin can be used in all countries, and it proves that bitcoin is an international currency

As mentioned bitcoin from the day of existence had served as a international currency with its transaction taking place crossing borders with the reduced processes and transaction fees. Only thing is that it is not regulated by countries because of decentralized system. Now on experimenting countries have been making plans to regulate within countries. Such move help bitcoin to be announced as international currency.
hero member
Activity: 532
Merit: 500
i think bitcoin is already an international currency because i see that nowadays bitcoin is acceptable in everywhere and bitcoin transaction is very faster than other currency and we can say that bitcoin is already international currency.
I agree with you could see bitcoin users already spread all over the world, almost every country may have bitcoin users, it means bitcoin can be used in all countries, and it proves that bitcoin is an international currency
sr. member
Activity: 364
Merit: 254
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It's only going to serve a niche rather than replacing other currencies. It can have a place in the world economy as a way to store money for savings or investment or to send money around the world or to make purchases. I think is can be used along with fiat currencies.
hero member
Activity: 588
Merit: 500
      People use bitcoin internationally in order to meet their needs. I don't  believe that someone is interested about the name of the currency. Anyway it is impossible traditionally global strong economies to accept another currency, even though is digital, as a replacement of their own currency. For financially weak countries this matters a little
currently it look hard to accept that bitcoin is going to become an international currency, but i think bitcoin popularity is rapidly increasing and very soon a time will come when all the people of the world will start using it in all the countries of the world.
legendary
Activity: 1274
Merit: 1004
its true that bitcoin has being adoped more than 120 countries right now but the population in bitcoin is not even 50% of the people who has smart phones these days that means a phone is more popular than bitcoin and even most people still now do not care about bitcoin
legendary
Activity: 3052
Merit: 1273
I think it is already an international currency because it's being used in more than 120 countries currently which is not a small number in terms of usage and adoption both. As these countries' governments come together and start giving bitcoins a green signal, then I think there is nothing which can stop bitcoins from succeeding.
hero member
Activity: 658
Merit: 505
As people are awarding of bitcoin & its potential.When we can see bitcoin as international currency? Huh
i'm not sure when , because not yet all country accept and legalize bitcoin
sometimes will be came international currency if all country know usefully of bitcoin for economic and everyone

Not all countries have accepted bitcoin.but many of them have. And that is enough, yi think bitcoin is already international currency, it's used almost on.every continent. To be accepted by whole world maybe isn't possible but that doesn't make it less international. It has entered into worlds's economy, that is huge achievement.
sr. member
Activity: 602
Merit: 250
As people are awarding of bitcoin & its potential.When we can see bitcoin as international currency? Huh
i'm not sure when , because not yet all country accept and legalize bitcoin
sometimes will be came international currency if all country know usefully of bitcoin for economic and everyone
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