Topic: When will be see bitcoin as international currency? - page 30. (Read 21206 times)
I think it will not happen, in the future may bitcoin more popular like paypal, only as an alternative payment, transactions wherever, online or offline.
As people are awarding of bitcoin & its potential.When we can see bitcoin as international currency? 
well bitcoin was invested to act as a P2P digital currency that everybody who wishes can be able to use it easily and without needing a third party like a bank and bitcoin has succeeded in this matter (more or less) but it was never intended to replace the worlds currencies and sit in their place and i don't think it can ever happen.
I guess when bitcoin has been accepted by the whole world. this time not all people of the world accept bitcoin, even some government makes bitcoin be illegal, it is because bitcoin could freely carry out transactions without clearly known who carried out the transaction. it makes a lot of people who make a transaction using bitcoin to buy something illegal, such as drugs and weapons
Bitcoin is used at international level and it is used by almost all countries so partly we can say that its an international currency but it may get mainstream in future.
I guess when bitcoin has been accepted by the whole world. this time not all people of the world accept bitcoin, even some government makes bitcoin be illegal, it is because bitcoin could freely carry out transactions without clearly known who carried out the transaction. it makes a lot of people who make a transaction using bitcoin to buy something illegal, such as drugs and weapons
when all the governments and big banks and companies are all dead and when fiat money has no profit for big players.
when the world is a fair place for every one to live.
when the world is a fair place for every one to live.
What he means is when is it going to be massively adapted? When is 100% of merchants going to accept BitCoin.
My speculation...
30 years.
My speculation...
30 years.
you can consider it right from now, because bitcoin is still using in all the countries of the world though still not so many countries of the world has yest recognize it but still it is using in all over the world having equal value in all over the world, therefore we can say that bitcoin is the universal currency of the world and its position is getting stronger and stronger day by day, it is also hope that very soon all the countries of te world will accept bitcoin as an international currency of the world.
Of course when every people in this world finally use Bitcoin, but I think it's quite hard because "international" currency needs an agreement for the governments around the world.
According to me Bitcoin is already an International Currency because it is used by Worldwide Users.
Also We can Transact it From one Country to Another Country Without Any Extra Charges. In Future it is Possible that Everyone Use Bitcoins and Make this a First Virtual International Currency.....
Also We can Transact it From one Country to Another Country Without Any Extra Charges. In Future it is Possible that Everyone Use Bitcoins and Make this a First Virtual International Currency.....
As people are awarding of bitcoin & its potential.When we can see bitcoin as international currency?
Is bitcoin not yet used internationally? I think it is already. People from different countries are already using and profiting from it. It maybe small in numbers but it is already in different countries. NOw, we only need to attract more users and make our number grow.
bitcoin is almost international , but still few countries need to regulate it like legal aspect etc. most of the countries accepted it for online transaction , but i believe more security features are required on most of sites which does bulk transaction with bitcoin.
Bitcoin is placed in hotwater at this moment due to the hacking incident at bitfinex. Bitcoin being an international currency is far from the truth if we cannot protect bitcoins from hacker. If ever big issues like that will be overcome then bitcoin is sure to go to become the first virtual international currency representing fiat currency online.
bitcoin is almost international , but still few countries need to regulate it like legal aspect etc. most of the countries accepted it for online transaction , but i believe more security features are required on most of sites which does bulk transaction with bitcoin.
bitcoin is already became an international currency now because bitcoin has already used by worldwide people as you could see in these forum many users who came from the various countries as bitcoin users at here indeed this is not officially announcement but without we realize that bitcoin has already make it
Most countries have deep emotional ties and a history with their own national fiat currencies, so I have serious doubts, that Bitcoin would replace these currencies. You might see it replaced in countries where the fiat currencies collapsed and/or people are in the process of a revolution against their governments.
This will only serve as a temporary alternative, for fiat currencies. ^hmmmm^
This will only serve as a temporary alternative, for fiat currencies. ^hmmmm^
As people are awarding of bitcoin & its potential.When we can see bitcoin as international currency?
if by that you mean when bitcoin is being used by every single person on the planet and replaces fiat then the answer is Never.
but bitcoin is an international currency right now in a sense that it can be used by anybody in any country without any restriction from bitcoin (the restrictions may be from the government though).
BTC's an international currency now! International people use it, but it could be used much more if it was easier, much easier for travelers to exchange BTC with the local fiat currency.
definitely right,various race and ethnic use bitcoin,every living people on this world have the right to use bitcoin without any limitation or restriction so it's actually already an international currency no matter what legendary
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when all countries already regulates bitcoin,if few countries banned bitcoin it'll no matter if the rest is still consider it as legal thing,but untill now bitcoin still between legal and illegal in so many countries so it'll took couple of year maybe
although bitcoin is already an international currency but not legal in few countries
although bitcoin is already an international currency but not legal in few countries
As people are awarding of bitcoin & its potential.When we can see bitcoin as international currency?
since bitcoin can be used and is being used by people all around the world then you can consider it as an international currency, also bitcoin is not controlled by any nation and does not belong to any of them too and that is another reason for considering it as an international currency already.
Thanks to all for replying.I think it is not gonna soon.
I don't think you'll ever see bitcoin in every shop. Bitcoin is an online cryptocurrency, do you see an online payment method, like paypal, being used to buy coffee? Not usually.
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