When will be see bitcoin as international currency? - page 28.

Anon_7716

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Quote from: Supercrypt on August 28, 2016, 06:29:22 AM

Quote from: SvenBomvolen on August 27, 2016, 07:46:42 AM

Believe it or not, bitcoin is international currency from beginning. I don't see that bitcoins can belong to any country more then to others. I'm not so long into bitcoins, but as I see here there is people from all over the world. That is international, without any borders.
Bitcoins are used in all world, and whrn right time come people will be able to buy almost everything with bitcoins without exchange coins first and lose money on transaction fees.
It's my opinion, and I think I'm right because bitcoin doesn't have state of origin. Bitcoin belongs to all of us.

Yes, you have your point, bitcoin has already been used internationally but I think the OP’s idea was to have bitcoin accepted officially in every nations, every countries and widely used by every markets, every shops just like some popular payment processors.

Indeed bitcoin is already in use in some countries (International), but use the bitcoin does not yet have a definite law or legal warranties are good in using it. And has not been officially accepted bitcoin in terms of currency and transactions, so the bitcoin can be categorized something illegal. But it's not a barrier to foster a bitcoin get better again, because I'm sure in the future will be accepted by all of the bitcoin among ocessors.

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Quote from: Imoote on August 28, 2016, 04:33:54 AM

Bitcoin become an international currency that is not possible. Bitcoin only limited crypto, and to become an international currency bitcoin should have a form and the prices were very strong. Bitcoin system only to the extent of crypto is not an international currency.

I think an international currency is that currency which is acceptable in every country of the world and every country for their international business accept it, and as now we are seeing that bitcoin for online business is easily acceptable for international transactions so we can say that bitcoin in online world is an international currency, and it is still in the process to develop more and it is hope that in the coming future it will also be accepted in every institute of the world so we will see bitcoin as an international currency.

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Quote from: SvenBomvolen on August 27, 2016, 07:46:42 AM

Believe it or not, bitcoin is international currency from beginning. I don't see that bitcoins can belong to any country more then to others. I'm not so long into bitcoins, but as I see here there is people from all over the world. That is international, without any borders.
Bitcoins are used in all world, and whrn right time come people will be able to buy almost everything with bitcoins without exchange coins first and lose money on transaction fees.
It's my opinion, and I think I'm right because bitcoin doesn't have state of origin. Bitcoin belongs to all of us.

Yes, you have your point, bitcoin has already been used internationally but I think the OP’s idea was to have bitcoin accepted officially in every nations, every countries and widely used by every markets, every shops just like some popular payment processors.

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Bitcoin can be used anywhere, so it's already international currency or i'd call bitcoin as global currency.
People will realize that when they started using bitcoin and know potential that bitcoin hold.

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Bitcoin become an international currency that is not possible. Bitcoin only limited crypto, and to become an international currency bitcoin should have a form and the prices were very strong. Bitcoin system only to the extent of crypto is not an international currency.

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Bitcoin is indeed an international currency. It has almost every characteristics what an international currency should have. Only thing is that, it is not regulated by anyone.

Due to this reason only, the penetration of bitcoin is not like fiat. Also the technology is not understandable by everyone. Only the tech savy people can understand it.

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Bitcoin is already international currency but waiting for it to be accepted just like USD is hard task.
It needs much more time and trust.

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Quote from: fireball4 on August 27, 2016, 05:44:34 PM

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

it is going to be an international currency really soon, in my opinion more and more companies will be accepting it a few years later

It will replace the USD and United states will accepts the bitcoin as their currency. This is only going to happen but it will take more than 30 years from now. As you said adoption also must for the bitcoins healthy future.

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Quote from: Thereisnospoon on August 27, 2016, 05:32:40 PM

Bitcoin is International curiency already

He probably means that it should be accepted anywhere in the world physically but not just in internet or as a digital currency, because there are already some countries where bitcoin is used in a large extent in physical or offline stores but that is not the case everywhere, so the day that will happen will be the day bitcoin will become an international currency used in every corner of the world.

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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 dont know what do you mean by international currency for bitcoin is the only international currency used by everyone irrespective of their nationality.I think you mean when bitcoin will become currency for international trade,I dont think it will ever be used by governments to trade

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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

it is going to be an international currency really soon, in my opinion more and more companies will be accepting it a few years later

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Bitcoin is International curiency already

Maesters1-

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to me bitcoins is already an international currency, as we can see in the world of bitcoin people are engage here from all over the world. hope that as the time passes bitcoin will become more and more popular in the world. people are now using it both for investment and well as for trading purposes, some people are using it for shopping in their markets, as some shopkeepers are accepting bitcoin for shopping in their shops.

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I believe we won’t have to wait too long to see bitcoin in every corners of the world and the possibility that bitcoin will be used as international currency is very high.

However, there is one thing, the bitcoin’s price keeps fluctuating too fast and significantly so it’s a hard task for the government as well as the people to fully accept it and many people still think bitcoin as something illegal. So I hope things will get better.

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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

It is an international currency, although not well known worldwide.
I just hope Bitcoin makes known and has a high capital market, so the governments can not control the market. For now only it has a market capital of one billion dollars, which is a lot, but not much compared to the amount of money circulating in the world today, rather, is very insignificant. What is needed, is to come more investors.

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Quote from: serjent05 on August 27, 2016, 11:31:26 AM

Quote from: Denker on August 27, 2016, 11:06:13 AM

Quote from: Dinki on August 27, 2016, 01:42:57 AM

I think OP wants to know when bitcoin will replace USD as the international means of exchange.

Top banks of the world are coming up with their own coin, they will rather use their coin as an international means of exchange than use bitcoin.

Then OP will be very diappointed as this not going to happen the next several decades.
Banks and governments always will come with a new scam and Ponzi where they will make sure to have the control over the money supply.
Bitcoin most exist and grow beside that fraudalent system!That it it's only chance.People must realize themselves that fiat currencies and the actual financial system only exists to oppress the majority of people.
With Bitcoin they have the possibility to choose!Something like that never existed before.

Yeah, that's the beauty of adaption, one of the reason why banks and government are still around after several century of establishment. They always evolve into something that will fit in the current situation. As you can see, the era of blockchain is here, so banks and government are already planning to absorb it with a changes that will only benefit them.

Yeah they are always doing that if they have thinking that they can make more benefits like bitcoin. i think they are planning about that it will be more corrupt if they alread stablish bitcoin someday.. for now we just happy that its still not happen..

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Quote from: MFahad on August 27, 2016, 11:34:35 AM

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

You know bitcoin has been used on international level, Simply now we recognize Bitcoin as a most popular crypto currency, and all big merchants in all over the world invest in bitcoin. We can use it in anywhere in this world. But in short, now you can justified that bitcoin is a international currency.

If bitcoin hits the mainstream and if its used by almost everyone in all countries then we can call it as an international currency and I don't think that will ever happen in future.

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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

did you mean as a mainstream iternational currency? That won't be for a few years now, since that's not doing good in the behalf of the world banks, so i believe they'll be fightingagainst that as long as they can.

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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

You know bitcoin has been used on international level, Simply now we recognize Bitcoin as a most popular crypto currency, and all big merchants in all over the world invest in bitcoin. We can use it in anywhere in this world. But in short, now you can justified that bitcoin is a international currency.

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Quote from: Denker on August 27, 2016, 11:06:13 AM

Quote from: Dinki on August 27, 2016, 01:42:57 AM

I think OP wants to know when bitcoin will replace USD as the international means of exchange.

Top banks of the world are coming up with their own coin, they will rather use their coin as an international means of exchange than use bitcoin.

Then OP will be very diappointed as this not going to happen the next several decades.
Banks and governments always will come with a new scam and Ponzi where they will make sure to have the control over the money supply.
Bitcoin most exist and grow beside that fraudalent system!That it it's only chance.People must realize themselves that fiat currencies and the actual financial system only exists to oppress the majority of people.
With Bitcoin they have the possibility to choose!Something like that never existed before.

Yeah, that's the beauty of adaption, one of the reason why banks and government are still around after several century of establishment. They always evolve into something that will fit in the current situation. As you can see, the era of blockchain is here, so banks and government are already planning to absorb it with a changes that will only benefit them.

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