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Topic: When will be see bitcoin as international currency? - page 20. (Read 21206 times)

legendary
Activity: 1638
Merit: 1046
Bitcoin as an international currency I guess it was not possible. Because bitcoin digital currency is so it can not become an international currency. If you want to become an international currency bitcoin must create a form that could be used in real life. Highly unlikely I think digital currency could become an international currency.

I think bitcoin is possible to be an international currency but it will takes a long time to be an international currency. But it's possible for bitcoin, maybe for the next 5 years.
I think its already been international currency because anywhere you can use bitcoin online but you can not use it locally you can exchange them depends where you are from.. But i think almost world wide are using bitcoin or collecting bitcoin.
hero member
Activity: 700
Merit: 501
possible, but bitcoin prices should be stable as other currencies. because it is too risky if the bitcoin price volatility into currency international.
newbie
Activity: 2
Merit: 0
No government would ever adopt a currency that's so easily concealed
sr. member
Activity: 420
Merit: 250
Bitcoin as an international currency I guess it was not possible. Because bitcoin digital currency is so it can not become an international currency. If you want to become an international currency bitcoin must create a form that could be used in real life. Highly unlikely I think digital currency could become an international currency.

I think bitcoin is possible to be an international currency but it will takes a long time to be an international currency. But it's possible for bitcoin, maybe for the next 5 years.
hero member
Activity: 924
Merit: 1000
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by 2020 easily.

We will see very soon another financial crisis similar to 2008.  Btc will skyrocket.

No one can really know when that is going to happen, it does not depend on the price though price would automatically grow up if it gets adopted everywhere but basically it depends on adoption level to make bitcoin accepted internationally.

Yes if we find massive adoption in future then it will become an international currency and it will also take price to higher level, but I don't think that it will happen sooner.
hero member
Activity: 756
Merit: 500
by 2020 easily.

We will see very soon another financial crisis similar to 2008.  Btc will skyrocket.

No one can really know when that is going to happen, it does not depend on the price though price would automatically grow up if it gets adopted everywhere but basically it depends on adoption level to make bitcoin accepted internationally.
legendary
Activity: 3374
Merit: 1824
Well, if you look it from the perspective that Bitcoin is available everywhere, in any country in the world, in digital form, than Bitcoin is already international currency.
Original purpose of bitcoin is not to replace offline money but to offer new, revolutionary way of payments online and it's vision for financial freedom and how to get rid from the banks.
So, I don't think really that Bitcoin will ever become ''true'' money and replace some official currency in the world, in any country.
legendary
Activity: 1218
Merit: 1000
Bitcoin as an international currency I guess it was not possible. Because bitcoin digital currency is so it can not become an international currency. If you want to become an international currency bitcoin must create a form that could be used in real life. Highly unlikely I think digital currency could become an international currency.
legendary
Activity: 3038
Merit: 1024
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by 2020 easily.

We will see very soon another financial crisis similar to 2008.  Btc will skyrocket.
is there any reason for you to predict that in 2020 there will be financial crisis or it's just unreasonable speculation or just say it's just bullshit
I could agree with your point that in few years maybe bitcoin's price will be skyrocketing but talking thing that's not happened yet without any reason is just nonsense
newbie
Activity: 28
Merit: 0
by 2020 easily.

We will see very soon another financial crisis similar to 2008.  Btc will skyrocket.
sr. member
Activity: 259
Merit: 250
I think it already is. You can buy any  other currency with bitcoin anyway so it's an international  currency, If you meant as the official  currency of a country or the like then it would  take sometime for a move like that to happen.
hero member
Activity: 812
Merit: 1000
development of bitcoin is currently very fast. I believe the presence of several agencies that have begun to acknowledge the existence of bitcoin then the bitcoin could continue to show strength. may need a long time to see the digital currency bitcoin as internationally. maybe we need to wait about 10 years. it is my prediction.

If you only see what is really happening with bitcoin, bitcoin does not need 10 years or more to be an international currency, actually it is an international currency right now but not recognized by the governmnet.  Even if it is not recognized, it can be use buy goods in different country which makes it an international currency even not in an official term.

We cannot say that everyone is using it at a moment but certain percentage of people from almost all countries are using it so it has already gained a popularity at international level.
sr. member
Activity: 364
Merit: 250
development of bitcoin is currently very fast. I believe the presence of several agencies that have begun to acknowledge the existence of bitcoin then the bitcoin could continue to show strength. may need a long time to see the digital currency bitcoin as internationally. maybe we need to wait about 10 years. it is my prediction.

Yes I also think it will take some time to really succeed with this to be honest, but we will see what is gonna happen of course without any doubts.
I think that the bitcoin is going to be a global currency in 5-10 years from now.
legendary
Activity: 3010
Merit: 1280
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development of bitcoin is currently very fast. I believe the presence of several agencies that have begun to acknowledge the existence of bitcoin then the bitcoin could continue to show strength. may need a long time to see the digital currency bitcoin as internationally. maybe we need to wait about 10 years. it is my prediction.

If you only see what is really happening with bitcoin, bitcoin does not need 10 years or more to be an international currency, actually it is an international currency right now but not recognized by the governmnet.  Even if it is not recognized, it can be use buy goods in different country which makes it an international currency even not in an official term.
legendary
Activity: 1596
Merit: 1011
development of bitcoin is currently very fast. I believe the presence of several agencies that have begun to acknowledge the existence of bitcoin then the bitcoin could continue to show strength. may need a long time to see the digital currency bitcoin as internationally. maybe we need to wait about 10 years. it is my prediction.
newbie
Activity: 28
Merit: 0
It would be great if btc will be reserve currency. Coz now this role is played by central emitted currencies and that is not fair.
legendary
Activity: 1066
Merit: 1050
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Early in 2009 is my guess. 

hero member
Activity: 770
Merit: 500
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I would say yes, 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.
you are right, i think that bitcoin is going to be revolutionary and it is going to change all the financial system we have at the moment, its the only question when it its going to happen

The financial system we have nowadays is really messed up, banks are charging huge fees basically for nothing and federal reserve is printing money like crazy what causes huge inflation rate all over the world

I'm pretty sure that the revolution in our financial system should happen pretty soon and bitcoins will take over then, it would be really cool for me and all the other holders because it would surely being huge profits for having bitcoins
hero member
Activity: 1008
Merit: 540
That will not happen because bitcoin digital currency only and can not become an international currency. Bitcoin is not too strong to become an international currency for currencies such as the dollar has been very strong.
Yes that will not happen because bitcoin is only for internet and crypto currency if bitcoin would be international currency and how those people who don't know about bitcoin lets say that bitcoin now is becoming famous and lots of people are now have interesting about bitcoin but the question is are they know where to use it?
hero member
Activity: 1694
Merit: 502
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I see it like that already, when we have so many people here from everywhere. Internet connected all of us here, and with bitcoin we can just make that connection stronger. Governments keep many secrets from us, with help of the banks they control money, with internet now people know much more what is happening around the world, its harder for governments to keep secret from us, with bitcoin now we have opportunity to control our own money without third party. Its going to be even harder for banks to control the money and us.
What bitcoin is now, in future can be much more, still many don`t know about btc or have wrong opinion, with time they will see what is best for them.
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