When will be see bitcoin as international currency? - page 9.

savioroshan

hero member

Activity: 770

Merit: 500

Quote from: batang_bitcoin on March 19, 2017, 05:50:32 AM

Quote from: Pattart on March 19, 2017, 01:01:10 AM

I think do not need the recognition of a government. when bitcoin is used by many people around the world. may automatically bitcoin can be regarded as an international currency

Yes, there's no need for governments approval for making bitcoin as international currency. And right now, we are already using bitcoin and treats it as an international currency that's why we just need to make bitcoin as a method of exchange of goods and services. It is why for me, it's already an international currency for all of us.

Yeah , I agree with you. We dont need governments approval for using bitcoin. Not only bitcoin, I mean for using any cryptocurrencies we dont need governments approval. Nowadays most of the services accept bitcoin and other altcoins as payment. From that itself one can understand , bitcoin has already established itself as a international currency .

batang_bitcoin

hero member

Activity: 3080

Merit: 603

Quote from: Pattart on March 19, 2017, 01:01:10 AM

I think do not need the recognition of a government. when bitcoin is used by many people around the world. may automatically bitcoin can be regarded as an international currency

Yes, there's no need for governments approval for making bitcoin as international currency. And right now, we are already using bitcoin and treats it as an international currency that's why we just need to make bitcoin as a method of exchange of goods and services. It is why for me, it's already an international currency for all of us.

pinkpanther03

hero member

Activity: 1092

Merit: 501

Quote from: countryfree on August 04, 2016, 06:02:10 PM

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.

Bitcoin in some other country bitcoin was not yet accept, the only countries I know where bitcoin is accepted was Australia, China, Japan, Russia, Canada, London, those nations are build much of bitcoin community, which means bitcoin was really an international currency

artows21

sr. member

Activity: 322

Merit: 250

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.

However if the bitcoin is banned I think that it will be hard to deal with it because, it won't be possible for us to use it and maybe it won't be possible to convert it in real money, that is a big problem.

Pattart

hero member

Activity: 1190

Merit: 500

I think do not need the recognition of a government. when bitcoin is used by many people around the world. may automatically bitcoin can be regarded as an international currency

CraigWrightBTC

hero member

Activity: 518

Merit: 500

Bitcoin will be international currency if there are not problem with bitcoin like block size,
right now bitcoin is still not international currency because bitcoin can not be used for small transaction
as we know currency must can be used for small transaction of course without fees transaction.

ilovefeetsmell

hero member

Activity: 686

Merit: 510

Quote from: geopolisch on August 04, 2016, 08:56:48 AM

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 agree with you. Bitcoin was considered as an International Currency simply because it’s not issued nor controlled by a bank or government. We were in a digital age where the bitcoin born. It allows for worldwide payments with low or sometimes there are no fees. Bitcoin has special features while others currencies don't have. We can use it anytime we want. Bitcoin can be used to buy many goods and services.

Phyton76

sr. member

Activity: 504

Merit: 268

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 was already an international curewncy since it can be traded, spent or used online globally. Part of it, it is universal that can be traded to various currency such as fiat money, crypto currency coins and altcoins. These features make bitcoin to become international currency.

shinratensei_

legendary

Activity: 3276

Merit: 1029

Leading Crypto Sports Betting & Casino Platform

Quote from: carlisle1 on March 18, 2017, 09:35:58 PM

Quote from: deepaksharma on August 04, 2016, 07:10:54 AM

When we can see bitcoin as international currency? Huh

well, we still have to wait for more years to come until bitcoin reaches its full adoption . in the meantime, bitcoin can not become an international currency as the businesses and companies whether it is local or international aren't still convinced to adapt and accept bitcoin because as of now bitcoin has so many problems and stability is one of the main problem they are considering I guess .

According to the illegal aspects and bitcoin already become an international currency. But it will be different if we are trying to see it from the illegal aspect and bitcoin is not an international currency.
Because a lot of the people around the world was adopting it right now.

carlisle1

hero member

Activity: 2744

Merit: 541

Campaign Management?"Hhampuz" is the Man

Quote from: deepaksharma on August 04, 2016, 07:10:54 AM

When we can see bitcoin as international currency? Huh

well, we still have to wait for more years to come until bitcoin reaches its full adoption . in the meantime, bitcoin can not become an international currency as the businesses and companies whether it is local or international aren't still convinced to adapt and accept bitcoin because as of now bitcoin has so many problems and stability is one of the main problem they are considering I guess .

Blackdeath

sr. member

Activity: 910

Merit: 261

★Bitvest.io★ Play Plinko or Invest!

Quote from: 7788bitcoin on August 04, 2016, 08:29:43 PM

Bitcoin is already an international currency, but only the number of users is still very very low. In addition, as it requires some kind of connectivity (to assess the ledger and to transmit the transactions), it is not being used in your day-to-day groceries.

Give us another 10 years!

Yeah today, bitcoin is already now international currency in the world of internet but only few people knows about bitcoin. Yet, it can only use for online transaction and online store. You can use bitcoin if you have access in internet. Bitcoin is international currency because you can use it as for payment all over the world.

GreenBits

legendary

Activity: 1148

Merit: 1048

it's not just adoption that needs to expand, but the protocol needs to evolve drastically to handle the traffic and increase the user-friendliness issues with Bitcoin. The congestion is a mess at times already; and using a bitcoin wallet is not as intuitive as using a bank card/ check book. Bitcoin needs to be a bit better, so to say, in order to be a world class currency.

TastyChillySauce00

legendary

Activity: 3010

Merit: 1028

Leading Crypto Sports Betting & Casino Platform

Quote from: izanagi narukami on January 27, 2017, 11:00:09 AM

Quote from: barnes13 on January 27, 2017, 10:55:50 AM

Currently Bitcoin has been International currency many people round the world use Bitcoin as payment, but International i can say is International community, Bitcoin has solid community, people who use Bitcoin because they interest with Bitcoin they see a potential of Bitcoin, they look Bitcoin not only a currencies but also investment, knowledge and technology.

What if the problem like my country ?

My goverment still not legalize bitcoin until now since they see bitcoin will bring negative impact for my people ( money laundry for example )
To be an international currency ,it's not easy for bitcoin, IMO

Well, I think that not legalising bitcoin due to the negative impact it can bring such as money laundry just doesn't make sense. Bitcoin could leave the traces while using direct fiat will hardly be traced.
The problem above shouldn't be a problem because in my opinion bitcoin is more transparent than the fiat itself, hence the reason is invalid for the government, though there's still other negative impacts that make bitcoin struggling to be recognised by the government.

Blawpaw

legendary

Activity: 1596

Merit: 1027

Bitcoin is already an International currency. Though it is not recognized by Bank or governments, Bitcoin already occupies its place as one of the most used currencies for international transactions

warwar

hero member

Activity: 798

Merit: 505

We can see it in the far future maybe if bitcoins will still worthy and popular that time and if it is succesfully adopted by users around the world.It has a chance to line up with our international currencies and even local currency.But in its state now i think it is still not possible for now for bitcoin being a international currency.In far future maybe

Etaurith

member

Activity: 82

Merit: 10

Quote from: Dr.Osh on January 31, 2017, 12:48:06 PM

Quote from: South Park on January 31, 2017, 12:37:31 PM

Bitcoin is already an international currency since you can do most of the things you can do with currency all over the world, what we are lacking is a bigger user base so we could use it in our everyday lives.

Well, maybe you're right. bitcoin has become an international currency when everybody started looking on the internet bitcoin. however, there are still some countries that can not use bitcoin, or have not recognized it as a currency because the price is not stable. but, I believe, one day they will admit it.

it is an international currency. People all over the world use it. On the long term i think it will get mass adoption.
Let's hope for this to happen.

Dr.Osh

legendary

Activity: 2758

Merit: 1004

Buzz App - Spin wheel, farm rewards

Quote from: South Park on January 31, 2017, 12:37:31 PM

Bitcoin is already an international currency since you can do most of the things you can do with currency all over the world, what we are lacking is a bigger user base so we could use it in our everyday lives.

Well, maybe you're right. bitcoin has become an international currency when everybody started looking on the internet bitcoin. however, there are still some countries that can not use bitcoin, or have not recognized it as a currency because the price is not stable. but, I believe, one day they will admit it.

boybugs18

full member

Activity: 205

Merit: 100

Quote from: BuyWithBitcoin.info on January 30, 2017, 09:33:54 AM

When one country decides to use only bitcoin as a main currency. When big websites disables $ and euro payment and allows only Bitcoin.
Now most people don't have a need for bitcoin, it has to be forced on them without any other payment option.

I don't think US will give up there dominance in terms of international currency because of bitcoin until they know how to control bitcoin then there is the time where we can have Bitcoin as a international currency. China still figuring out how to make their currency be on top but still finding it hard to implement it and surely it will not happen.

South Park

hero member

Activity: 2884

Merit: 794

I am terrible at Fantasy Football!!!

Bitcoin is already an international currency since you can do most of the things you can do with currency all over the world, what we are lacking is a bigger user base so we could use it in our everyday lives.

audaciousbeing

hero member

Activity: 1330

Merit: 569

Bitcoin to me will only become international currency only until when world governments can make a push for it. Like USA in the West or Russia, China etc but that will not happen until they are able to break through the blockchain technology and be able to get their own cut in terms of revenue that will accrue to them. Aside that, being international currency will be a wish that will continue to operate under the radar.

Topic: When will be see bitcoin as international currency? - page 9. (Read 21206 times)