When will be see bitcoin as international currency? - page 16.

coynedterm

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Quote from: deepaksharma on August 04, 2016, 07:10:54 AM

As people are awarding of bitcoin & its potential.When we can see bitcoin as international currency? Huh

i Think the bitcoin to became officially a international currency will take about 5 years because in the current time the blockchain is making many services direct with bank that means officially useful for anyone for Making payment and also paying tax for this service .
so in 5 years slowly slowly the bitcoin will became mist famous international currency .

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Quote from: Adamsmit556 on November 02, 2016, 05:07:37 PM

Perhaps then when the world government is ruling the world or not at ever...

You don't feel that they are already ruling the entire world? And the implementation of bitcoin to use as international currency is already on the go.

Because a lot of merchants from different part of the world is already accepting bitcoins for their services and products.

So I can consider that we are already seeing it and being use as it.

delliaerd

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Quote from: crazyivan on November 02, 2016, 04:36:11 PM

Never, BTC should never be considered as a currency, it should be considered as a STORE of value, like gold.

So buy more.

Although satoshi was created bitcoin as a currency, But I agree with you that bitcoin is considered as store of value as gold. Gold is better than fiat, so bitcoin is better than fiat. People are using gold as a currency long time ago before replaced by fiat becouse the goverment rule the people to use fiat. It is mean people can use bitcoin as currency now. bitcoin is used by so many people in different country and culture so I considered that bitcoin is already international currency. Bitcoin is usefull as currency and really worth like gold.

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Quote from: Aamir1 on October 31, 2016, 11:10:31 AM

Quote from: yuriygeorge on September 26, 2016, 09:58:10 PM

Surely Bitcoin is already an international currency.. You can use it anywhere in the world.. that's the point of it.

It is really not yet accepted everywhere in the world, though accepted in a lot of places online but when we see offline we wont get a lot of places to spend our bitcoins unless we are from Brazil or somewhere near there because there are a lot of places accepting bitcoin in that side of the world.

You can use bitcoin in a offline mode, just ask to someone buy for you and save in a paper wallet or on a pendrive or whatever, at least you can hold it.
Brazil is huge, if have 150 places that accept bitcoin, you will never find one near you, so no.
Yes bitcoin is a international currency but just few people uses it.

mbuk81

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I would say that bitcoin could and would become a international currency once bitcoin become main stream and is accepted by every country of the world and when every bitcoin is traceable back to the buyer and seller so that it not used for illegal stuff

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Perhaps then when the world government is ruling the world or not at ever...

crazyivan

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Never, BTC should never be considered as a currency, it should be considered as a STORE of value, like gold.

So buy more.

markyminer

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Quote from: romero121 on November 01, 2016, 06:58:18 AM

Now too bitcoin seems to be an international currency because of its acceptance from most of the world countries. Also few national currencies have gone valueless and in a state of vanishing. Bitcoin in its digital form and increased value have secured its place as one among the growing international currency.

but i think it is already an international currency, as bitcoin is still use in all over the world, there will not be a single country where bitcoin will not be using by the people. despite the fact that still most of the countries have not consider bitcoin as legal currency, but hope that very soon bitcoin is going to be accepted by all the governments.

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Quote from: Doamader on November 01, 2016, 05:44:33 PM

Quote from: Jambolb2 on November 01, 2016, 02:25:43 PM

Quote from: romero121 on November 01, 2016, 06:58:18 AM

Now too bitcoin seems to be an international currency because of its acceptance from most of the world countries. Also few national currencies have gone valueless and in a state of vanishing. Bitcoin in its digital form and increased value have secured its place as one among the growing international currency.

Bitcoin right now is used mostly on internet... though something used on internet can be considered international as internet is a global service that connects the world together... but bitcoin would only be an international currency in that sense if it is used for trades between countries...

Its see as international currency already, countries wont recognize it because those will be the same as they are stupid and not able to manage their country with the fees they take, and a decentralized, bitcoin being recognized will make several questions showing off, like why bitcoin turn into a sucess if no ones manages or have plenty control of it.

Me also i think bitcoin is now international currency which is we can spend it internationally, and those country who can not recognized bitcoin i think there is a problem in their government they do not like to accepts other currency they want only their local currency will used by people in that country.

Doamader

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Quote from: Jambolb2 on November 01, 2016, 02:25:43 PM

Quote from: romero121 on November 01, 2016, 06:58:18 AM

Now too bitcoin seems to be an international currency because of its acceptance from most of the world countries. Also few national currencies have gone valueless and in a state of vanishing. Bitcoin in its digital form and increased value have secured its place as one among the growing international currency.

Bitcoin right now is used mostly on internet... though something used on internet can be considered international as internet is a global service that connects the world together... but bitcoin would only be an international currency in that sense if it is used for trades between countries...

Its see as international currency already, countries wont recognize it because those will be the same as they are stupid and not able to manage their country with the fees they take, and a decentralized, bitcoin being recognized will make several questions showing off, like why bitcoin turn into a sucess if no ones manages or have plenty control of it.

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Quote from: romero121 on November 01, 2016, 06:58:18 AM

Now too bitcoin seems to be an international currency because of its acceptance from most of the world countries. Also few national currencies have gone valueless and in a state of vanishing. Bitcoin in its digital form and increased value have secured its place as one among the growing international currency.

Bitcoin right now is used mostly on internet... though something used on internet can be considered international as internet is a global service that connects the world together... but bitcoin would only be an international currency in that sense if it is used for trades between countries...

darklus123

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Quote from: Aamir1 on October 31, 2016, 11:10:31 AM

Quote from: yuriygeorge on September 26, 2016, 09:58:10 PM

Surely Bitcoin is already an international currency.. You can use it anywhere in the world.. that's the point of it.

It is really not yet accepted everywhere in the world, though accepted in a lot of places online but when we see offline we wont get a lot of places to spend our bitcoins unless we are from Brazil or somewhere near there because there are a lot of places accepting bitcoin in that side of the world.

Yes because the government is not trying to adopt this one. If the government will just start to accept this kind of digital platform then probably it would increase the adoption percentage of bitcoin. But right now it could still be a very long process

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Now too bitcoin seems to be an international currency because of its acceptance from most of the world countries. Also few national currencies have gone valueless and in a state of vanishing. Bitcoin in its digital form and increased value have secured its place as one among the growing international currency.

Qunenin

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Quote from: Aamir1 on October 31, 2016, 11:10:31 AM

Quote from: yuriygeorge on September 26, 2016, 09:58:10 PM

Surely Bitcoin is already an international currency.. You can use it anywhere in the world.. that's the point of it.

It is really not yet accepted everywhere in the world, though accepted in a lot of places online but when we see offline we wont get a lot of places to spend our bitcoins unless we are from Brazil or somewhere near there because there are a lot of places accepting bitcoin in that side of the world.

Right, but still bitcoin is international crypto currency. Actually we use it on online anywhere and on internet bitcoin is accept able who know about it. But only problem is that majority countries are not accept the bitcoin in government level, So that's why we can't use it in open market. Otherwise on internet bitcoin has no problem to accept it.

Aamir1

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Quote from: yuriygeorge on September 26, 2016, 09:58:10 PM

Surely Bitcoin is already an international currency.. You can use it anywhere in the world.. that's the point of it.

It is really not yet accepted everywhere in the world, though accepted in a lot of places online but when we see offline we wont get a lot of places to spend our bitcoins unless we are from Brazil or somewhere near there because there are a lot of places accepting bitcoin in that side of the world.

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Quote from: Juggy777 on October 31, 2016, 02:10:14 AM

I don't think ever buddy. It's not a state currency. A state needs to adopt it lol. Maybe Britain may after brexit, some one makes a petition and it does. But again I really do not see it happening anytime.

We are not talking a state currency here , we are talking an international currency. Of course it would not never be a state currency because it is a way more decentralized totally acceptable by all means not by fews.

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Quote from: Juggy777 on October 31, 2016, 02:10:14 AM

I don't think ever buddy. It's not a state currency. A state needs to adopt it lol. Maybe Britain may after brexit, some one makes a petition and it does. But again I really do not see it happening anytime.

You mean as an international reserve? Bitcoin is a currency/commodity now so it could be but not now. You are saying as a very impossible way to happen. Let us not be shocked if it can crawl to being known.

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Quote from: abel1337 on October 31, 2016, 01:50:06 AM

Quote from: chixka000 on October 31, 2016, 01:18:24 AM

Quote from: oceanriver on September 26, 2016, 06:19:26 PM

i think that bitcoin will become an internationally recognized currency in a few decades, after that most of the people will use it

I am also very much possitive about this matter. A decades of waiting might be too long but i also do think that bitcoin still requires a lot to prove it self in the innovating world but this things would really never happen without the support from the majority of bitcoin users

It can possibly happens in the next decades after a lot of debates will happen before it make as an official digital currency. But I think we will die before it declare as a official currency because of the time .

how old are you by the way,by saying that you will die first before bitcoin getting declared or recognized as an official currency of world i think you're quite old LOL,technology are developed very fast,and so does with the current situation of bitcoin,so many countries are now giving an attention to bitcoin even not that deep hence there's possibility for bitcoin to be discussed in near future

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Quote from: Tyrantt on September 26, 2016, 07:05:36 PM

Quote from: oceanriver on September 26, 2016, 06:19:26 PM

i think that bitcoin will become an internationally recognized currency in a few decades, after that most of the people will use it

Isn't it already an international currency? I mean you can buy a lot of stuff from around the world using btc. Cheesy

but it will take some time for it to get into mainstream.

If we see it that way then it was international right after it was made, because everything announced and use on internet is international as anyone from any corner of the world can use it, but as you said it would still take a lot of time to reach all the places in a physical form.

Juggy777

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I don't think ever buddy. It's not a state currency. A state needs to adopt it lol. Maybe Britain may after brexit, some one makes a petition and it does. But again I really do not see it happening anytime.

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