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Topic: When will be see bitcoin as international currency? - page 24. (Read 21206 times)

hero member
Activity: 854
Merit: 500
Bitcoins need a lot of time to become an international currency, because goverments of many countries still trying not to allow to bitcoin become legal.
hero member
Activity: 1092
Merit: 523
Perhaps Bitcoin can be already considered as an international currency. Anyone can use it over the world, and there is already a lot of people using it every day. The problem is that the number is not that high compared to the use of fiat money. It's required that more phisical shops start accepting it, so the currency can attract more customers.
Yes, bitcoin itself is already an international currency from the beginning, its aim is to be used all around the word without any barriers but the only problem is that there are countries do not accept bitcoin and give restrictions about bitcoin.

As a result, many people still don’t know about the existence of bitcoin and it isn’t used widely and I hope this will change in the future when bitcoin reaches farther.

Yes things will change in future for sure when more companies and businesses will start adopting bitcoins and that will attract more users to start using bitcoins.
There are a lot of users and companies using bitcoins and accepting bitcoins and in fact today we can buy anything with bitcoins but ONLINE and that's the problem actually. Because unless something is used in real life we cannot call it international currency. Though bitcoins growth is immortal talking online acceptance.
hero member
Activity: 1120
Merit: 507
I think yes, bitcoin has great potential to be a international currency. because bitcoin has many benefits when used as a currency and payment.
The problem is not that bitcoin has less potential but the problem is that the people using bitcoins are not increasing rapidly and the government will not adopt a currency or something they don't seek profits. Since bitcoins is a users currency rather than the government's hence its not going to get accepted easily at all.
legendary
Activity: 896
Merit: 1000
I dont think bitcoin can become international currency, because most of the people still not recognized bitcoin and they still doubt about bitcoin potential, because there are a lot of negative news about bitcoin, and bitcoin still need to work on the transaction speed to be used as currency
Being seen as something negative and bad doesn’t mean that bitcoin won’t have any chances of becoming an international currency and the fact that most people still don’t realise the benefits of it doesn’t say that they will stay the same in the future.

I believe when there are more and more people use it, bitcoin will become more popular and other people will start to accept bitcoin.

Exactly bitcoin is still young and new to many people and the main reason behind not using it is that people lack knowledge and that is the reason they are hesitating in investing in it.

don't underestimate the media effect on people. these people think bitcoin is a heaven for criminals and terrorists. it's ignorance from the highest possible levels, but it's reality. that's how they see bitcoin.
member
Activity: 60
Merit: 10
Bitcoin will probably be an international currency by 2020 or 2021 Wink
hero member
Activity: 924
Merit: 1000
Lick me like a lolipop
I dont think bitcoin can become international currency, because most of the people still not recognized bitcoin and they still doubt about bitcoin potential, because there are a lot of negative news about bitcoin, and bitcoin still need to work on the transaction speed to be used as currency
Being seen as something negative and bad doesn’t mean that bitcoin won’t have any chances of becoming an international currency and the fact that most people still don’t realise the benefits of it doesn’t say that they will stay the same in the future.

I believe when there are more and more people use it, bitcoin will become more popular and other people will start to accept bitcoin.

Exactly bitcoin is still young and new to many people and the main reason behind not using it is that people lack knowledge and that is the reason they are hesitating in investing in it.
hero member
Activity: 1120
Merit: 507
I dont think bitcoin can become international currency, because most of the people still not recognized bitcoin and they still doubt about bitcoin potential, because there are a lot of negative news about bitcoin, and bitcoin still need to work on the transaction speed to be used as currency
Being seen as something negative and bad doesn’t mean that bitcoin won’t have any chances of becoming an international currency and the fact that most people still don’t realise the benefits of it doesn’t say that they will stay the same in the future.

I believe when there are more and more people use it, bitcoin will become more popular and other people will start to accept bitcoin.
sr. member
Activity: 266
Merit: 250
One world One currency, Bitcoin.
Its rue that bitcoin is being used massivly and if we compare it with banks then for me bitcoins are the best choose because it is transparent i can see each and every detail i want but bank does not share many information with us
legendary
Activity: 1218
Merit: 1007
Bitcoin is already an International Currency. don't you know bitcoin is being used worldwideley. you can almost use bitcoin on the whole world every corner of the word where you get access to Internet you can use bitcoin you can buy sell everything.
I secondly agree with you... True btc is used world widely as an international currency.. By everyone who grab hold of it....buying and selling, goods and services... Used by everyone on the net...
It is used internationally (as is a decent amount of currencies throughout the world) but just because it is used widely in a geographical manner doesn't mean that it is a "true" international currency. Once we have people using it for trading and so that cross borders (especially deals in excess of $1,000) then it can be a bit more defined as an "international currency" since people will finally be using it to do things internationally.
sr. member
Activity: 334
Merit: 250
Bitcoin is already an International Currency. don't you know bitcoin is being used worldwideley. you can almost use bitcoin on the whole world every corner of the word where you get access to Internet you can use bitcoin you can buy sell everything.
I secondly agree with you... True btc is used world widely as an international currency.. By everyone who grab hold of it....buying and selling, goods and services... Used by everyone on the net...
hero member
Activity: 868
Merit: 1000
Perhaps Bitcoin can be already considered as an international currency. Anyone can use it over the world, and there is already a lot of people using it every day. The problem is that the number is not that high compared to the use of fiat money. It's required that more phisical shops start accepting it, so the currency can attract more customers.
Yes, bitcoin itself is already an international currency from the beginning, its aim is to be used all around the word without any barriers but the only problem is that there are countries do not accept bitcoin and give restrictions about bitcoin.

As a result, many people still don’t know about the existence of bitcoin and it isn’t used widely and I hope this will change in the future when bitcoin reaches farther.

Yes things will change in future for sure when more companies and businesses will start adopting bitcoins and that will attract more users to start using bitcoins.
legendary
Activity: 1442
Merit: 1025
Perhaps Bitcoin can be already considered as an international currency. Anyone can use it over the world, and there is already a lot of people using it every day. The problem is that the number is not that high compared to the use of fiat money. It's required that more phisical shops start accepting it, so the currency can attract more customers.
Yes, bitcoin itself is already an international currency from the beginning, its aim is to be used all around the word without any barriers but the only problem is that there are countries do not accept bitcoin and give restrictions about bitcoin.

As a result, many people still don’t know about the existence of bitcoin and it isn’t used widely and I hope this will change in the future when bitcoin reaches farther.
legendary
Activity: 1960
Merit: 1026
I think yes, bitcoin has great potential to be a international currency. because bitcoin has many benefits when used as a currency and payment.
hero member
Activity: 924
Merit: 1000
Bitcoin is already an international currency, people all over the world from all countries use Bitcoin. With exceptions in some small countries or North Korea, they do not have internet. If you thoughtof Bitcoin being used as an official currency for countries and Bitcoin being more popular than fiat, it is not really going to happen.

I don't think many people are using bitcoin at a moment and I feel people who are part of this forum are only using bitcoins as everyone here is saying that people around them are not aware about bitcoins.
hero member
Activity: 644
Merit: 500
As people are awarding of bitcoin & its potential.When we can see bitcoin as international currency? Huh

for nowadays bitcoin was used by so many people all around the world, then that's can not called bitcoin is currency ( cryptocurrency ) which can use in international mate.. i think bitcoin have a power to be a international currency and more people use it as well.
thats right mate it will be used by more people especially those who have access with the internet it is already a currency the only difference is it is needed more exposure.
hero member
Activity: 672
Merit: 500
As people are awarding of bitcoin & its potential.When we can see bitcoin as international currency? Huh

for nowadays bitcoin was used by so many people all around the world, then that's can not called bitcoin is currency ( cryptocurrency ) which can use in international mate.. i think bitcoin have a power to be a international currency and more people use it as well.
hero member
Activity: 1040
Merit: 538
Defend Bitcoin and its PoW: bitcoincleanup.com
Bitcoin is already an international currency, people all over the world from all countries use Bitcoin. With exceptions in some small countries or North Korea, they do not have internet. If you thoughtof Bitcoin being used as an official currency for countries and Bitcoin being more popular than fiat, it is not really going to happen.
hero member
Activity: 938
Merit: 1000
Perhaps Bitcoin can be already considered as an international currency. Anyone can use it over the world, and there is already a lot of people using it every day. The problem is that the number is not that high compared to the use of fiat money. It's required that more phisical shops start accepting it, so the currency can attract more customers.
Until and unless bitcoin is used by government and its agencies for international trades and is accepted by UN and IMF,it can not be called international currency even if every individual living on this planet start using it

And I don't think that will ever happen, as Government will never support bitcoins as it is an threat to their national currency and no one wants to see digital currency taking over fiat currency.

no matter how much bitcoin is going to grow the government will never agree with its growth and will do evrything to prevent it.
but that is only going to go so far, it will eventually come to an end and bitcoin can go up normally without their interuptions.

Bitcoin is an decentralized currency and I don't think that even Government can control it, but bitcoin will always be used as an secondary currency and it will never hold the status of international currency.
hero member
Activity: 1036
Merit: 520
Perhaps Bitcoin can be already considered as an international currency. Anyone can use it over the world, and there is already a lot of people using it every day. The problem is that the number is not that high compared to the use of fiat money. It's required that more phisical shops start accepting it, so the currency can attract more customers.
Until and unless bitcoin is used by government and its agencies for international trades and is accepted by UN and IMF,it can not be called international currency even if every individual living on this planet start using it

And I don't think that will ever happen, as Government will never support bitcoins as it is an threat to their national currency and no one wants to see digital currency taking over fiat currency.

no matter how much bitcoin is going to grow the government will never agree with its growth and will do evrything to prevent it.
but that is only going to go so far, it will eventually come to an end and bitcoin can go up normally without their interuptions.
legendary
Activity: 2464
Merit: 1102
Perhaps Bitcoin can be already considered as an international currency. Anyone can use it over the world, and there is already a lot of people using it every day. The problem is that the number is not that high compared to the use of fiat money. It's required that more phisical shops start accepting it, so the currency can attract more customers.
Until and unless bitcoin is used by government and its agencies for international trades and is accepted by UN and IMF,it can not be called international currency even if every individual living on this planet start using it

And I don't think that will ever happen, as Government will never support bitcoins as it is an threat to their national currency and no one wants to see digital currency taking over fiat currency.
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