Topic: When will be see bitcoin as international currency? - page 2. (Read 21206 times)
It will never be an international currency. It will however be accepted internationally. This many take as much as 10-15years imo. Intracture needs to fall in place, technology needs to improve. As of now, BTC is almost unable.
We will see bitcoin as international currency if the government and major countries will make bitcoin as a full legalized currency because that is the only way for bitcoin to be use as a way of doing transaction or mode of payment. Bitcoin as of now, is still not recognized as a full legalized currency because there is still some problems that makes the major countries to not accept it.
In the very near future if you ask me. Soon enough I predict BTC will contend with Fiat monies like USD and EUR as a as a means of transaction internationally. BTC is growing speedily, and it's all in our hands as participants. We hil the key and we can make BTC very strong to acheive the feat of being an international currency.
it all depends on whether the Goverment will be able to adopt it at the legislative level, in some countries it is tough, in some there is not, I think it takes time
It takes time, but it is coming. In USA, taxes for buying crypto, supposed to be paid for 2018.
Around 5-10 years, when other country also accept bitcoin, when laws and regulation about bitcoin is signed and approve by every country and when they have agreements over it, it will take a lot of process for it to become officially international currency, but as today it seems its a international currency but digital, since its used and acknowledge by many in some places all over the world....
As people are awarding of bitcoin & its potential.When we can see bitcoin as international currency? 
this would take a long time before you can see it internationally. for now just focus on how you can earn huge amount of bitcoin so that by the time that bitcoin became legal all over the world you have a lot of bitcoin to expend. and also this would take a long process before bitcoin could get a support from the government and also from the bank.
I think the great advantage of bitcoin is that it is quite a universal currency which can be carried everywhere by a person in his phone or computer. But there is a lot of people who haven't heard about bitcoin and even don't know how to use the Internet and computer.
Created in 2007, the world’s first decentralized currency now an accepted form of payment in dozens of countries around the world. As more countries begin to adopt this innovative technology, it’s clear that Bitcoin has the potential to become the new global currency not tied to a specific country or central bank...
As people are awarding of bitcoin & its potential.When we can see bitcoin as international currency?
This'll take a long time to occur. It has to be recognized first as a viable replacement for fiat money. Next thing is bitcoins must be stable in pricing first. Bitcoins must also have a stable supply in order for everyone to have a stable demand-supply relationship. Only then can bitcoina be uses as an international currency.
Isn't it technically already a worldwide currency? I mean it's expanding every month and before you know it, even if Bitcoin does fail let's say 10 years down the line (due to a replacement, which may or may not happen) at least the blockchain revolution it started will have swept the globe.
No, I don't think so, at least it is impossible for short-term. Now the bitcoin cannot meet the standard of fiat.I am not sure in future maybe it will become the international currency. Now the most advantage feature of bitcoin is the value of storage just like the gold in real world
You are right mate, It's too hard to see bitcoin as an international currency for short-term period, because it's still new now, and not all countries start to use it yet. Until now, There is a lot of countries doesn't have any rules yet about cryptocurrencies. 
I'm also not sure whether bitcoin will become the international currency legally, though bitcoin has achieved its fame someday. Because of course there are certain factors that don't allow bitcoins to become legal currency and one of them may be a system of decentralization and unstable bitcoin price fluctuations and some other reasons that cause bitcoin not to be a legal currency.
No, I don't think so, at least it is impossible for short-term. Now the bitcoin cannot meet the standard of fiat.I am not sure in future maybe it will become the international currency. Now the most advantage feature of bitcoin is the value of storage just like the gold in real world
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. 
it still takes a very long time, because bitcoin is not fully known all over the world, it may be 60 or 70 years more .. but that's my opinion
one day all the banks in the world will apply bitcoin .. and when it happens we will see bitcoin as world currency icon, new generation
one day all the banks in the world will apply bitcoin .. and when it happens we will see bitcoin as world currency icon, new generation
As people are awarding of bitcoin & its potential.When we can see bitcoin as international currency?
This'll take years to be honest. Because it has to stabilize in price first. This can only be achieved if the supply is stable. Meaning there's no bitcoins going into the total supply of bitcoins. The price will therefore be fixed. People also must invest on terminals that accept bitcoins as a means to pay for a lot of things.
It seems like it still takes a long process and time, I am sure that it will be difficult for bitcoin to become international currency, this is because many countries are banned bitcoin by reason of anonymous, decentralization and so on. maybe someday bitcoin will become an important commodity, but not as an international currency.
In 15 - 20 years we will see Bitcoin as international currency. Bitcoin expanding depends from banks and banks works not very fast. Is some of international banks will implement Bitcoin, then Bitcoin expanding can develop. 
when this coin get such stable prices and many countries have the regulation about this coin. And after that, we need to ensure that every country legalized this coin too. well, maybe some country will not recognizing this coin legal though. #CMIIW
I think it will be possible but not very soon. It will be in the far future. This time bitcoin still cannot replace the fiat money only coexist.
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