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Title: Bitcoin conceptualization in the context of globalization Post by: Dumont31 on February 13, 2019, 03:31:39 PM As you can see the changes that we live in are profound, especially in this dynamic era. The technology plays an essential role not only from the perspective of creating new infrastructures, but also from the perspective of its conceptualization. I strongly believe that in the coming years, a large amount of the non-integrated population in the financial system will gain a particular desire to be part of the new system - without linking to central authorities. Economies are becoming increasingly interlinked. At the moment, our money in the wallet is worthwhile because there is someone who guarantees for it. What if we still have money that are still recognized without the need for someone as central power to authenticate and supervise them? This is my way of conceptualisation these changes.
What role do you think Bitcoin plays in the context of globalization? Bitcoin conceptualization in the context of globalization Title: Re: Bitcoin conceptualization in the context of globalization Post by: hugeblack on February 17, 2019, 12:47:43 PM It would be true if the reason for using this technology is to create a new type of financial system without having to restrict previous central systems.
What is happening now is the shift from a new system of transactions to new speculative systems, all trying to create more currencies for unknown reasons. Also, trying to create an infinite number of shitcoins reduces the likelihood of decentralization. Title: Re: Bitcoin conceptualization in the context of globalization Post by: kryptqnick on February 17, 2019, 02:25:59 PM What role do you think Bitcoin plays in the context of globalization? Bitcoin conceptualization in the context of globalization Globalization means that people are more connected with each other and global trends prevail over the local ones. A good and often used example on this tendency is that we know way more about people we've never met but admire for their work than about our neighbors. Bitcoin is accessible regardless to physical location which already makes it useful for globalization. Another good point is that there's no central authority that controls it. Bitcoin can indeed be a great contributor to financial globalization. However, it should be noted that when globalization becomes stronger, it also triggers somewhat opposite trend of localization. That is, people notice how globalization erases many differences, and it leads them to valuing our own cultures and ways of life more. Examples of localization in the crypto world are probably centralized coins that belong to banks, companies and nations. The way of dealing with it and making Bitcoin win is what's called glocalization: adapting global stuff to local cultures. This could be done by making region-specific reasons for people to adopt this coin and by making local merchants accept it as payment.Title: Re: Bitcoin conceptualization in the context of globalization Post by: kingpin4321 on February 17, 2019, 02:32:43 PM Bitcoin might play a huge role in globalization.
But I think some countries central bank would want to pose as a hindrance to bitcoin and cryptocurrency. But in term of a currency being acceptable by different countries I think bitcoin is in line to be that currency Title: Re: Bitcoin conceptualization in the context of globalization Post by: PlusOne88 on February 17, 2019, 04:29:00 PM We know how bitcoin have helped people a lot anywhere in the world as long as there is any available exchange for it. It has certainly changed the way people look at the trading and business. An online trading for products or any business in general have become easy with the bitcoin as global payment system. Bitcoin is a really a global starter for technologies such as these to used in the future and these concept is creating links between people from different races and walks of life and an important aspect of connecting between different economies.
Title: Re: Bitcoin conceptualization in the context of globalization Post by: Cashi on February 17, 2019, 05:48:58 PM Bitcoin might play a huge role in globalization. Of course, that is very likely. Bitcoin will reduce the power of authoritarian states and as solution they will possibly launch own national cryptocurrencies, issued by the government. But compared to Bitcoin all those government-cryptos have nothing in common with Bitcoin because they are centralized and controlled by the government - exactly the opposite Bitcoin wants to be. But I think some countries central bank would want to pose as a hindrance to bitcoin and cryptocurrency. But in term of a currency being acceptable by different countries I think bitcoin is in line to be that currency Yes, that's a big advantage for Bitcoin in my opinion. Nobody will use the national crypto of Venezuela very much outside of Venezuela. But Bitcoin is used and accepted everywhere, not related to any national country. Title: Re: Bitcoin conceptualization in the context of globalization Post by: olohifie on February 17, 2019, 06:34:46 PM As you can see the changes that we live in are profound, especially in this dynamic era. The technology plays an essential role not only from the perspective of creating new infrastructures, but also from the perspective of its conceptualization. I strongly believe that in the coming years, a large amount of the non-integrated population in the financial system will gain a particular desire to be part of the new system - without linking to central authorities. Economies are becoming increasingly interlinked. At the moment, our money in the wallet is worthwhile because there is someone who guarantees for it. What if we still have money that are still recognized without the need for someone as central power to authenticate and supervise them? This is my way of conceptualisation these changes. What role do you think Bitcoin plays in the context of globalization? Bitcoin conceptualization in the context of globalization [/quote Exchange means gravitate towards low-friction channels. Ceteris paribus, users will adopt the payment system that offers the path of least resistance. At this point Bitcoin comes to the mind. Bitcoin’s market cap is superior to that of other cryptocurrencies. Bitcoin’s liquidity also implies a strong network, as large liquidity implies large transaction volumes, which implies a robust mining environment. on the other hand, while Bitcoin will grow and lead as a global unit of account, individuals may still prefer to exchange with coins that are less liquid since the cost of retaining a less liquid currency shrinks if one can exchange it into Bitcoin at very little discount. By implication, altcoins will act as highly liquid media of exchange for particular regions, companies, Internet groups, religious communities, and other voluntary collectives whereas Bitcoin will play the major role of economic globalisation Title: Re: Bitcoin conceptualization in the context of globalization Post by: Kopyleft on February 17, 2019, 06:50:39 PM Is the non integrated community ready to be fully responsible for their assets; loss, security etcetera? And also it's volatility, which would also be a part of bitcoins value for a long time to come.
Bitcoin is of course an alternative to fiat and the power tussles that goes on with it, admittedly there is also power tussles in the bitcoin ranks. This also raises concern if bitcoin could slip into the ditch that is our financial system, or is it too decentralized? Title: Re: Bitcoin conceptualization in the context of globalization Post by: Dumont31 on February 17, 2019, 10:51:08 PM What role do you think Bitcoin plays in the context of globalization? Bitcoin conceptualization in the context of globalization Examples of localization in the crypto world are probably centralized coins that belong to banks, companies and nations. The way of dealing with it and making Bitcoin win is what's called glocalization: adapting global stuff to local cultures. This could be done by making region-specific reasons for people to adopt this coin and by making local merchants accept it as payment.Also, trying to create an infinite number of shitcoins reduces the likelihood of decentralization. It is true, the level of confidence and specificity decreases. Title: Re: Bitcoin conceptualization in the context of globalization Post by: pooya87 on February 18, 2019, 04:16:45 AM Also, trying to create an infinite number of shitcoins reduces the likelihood of decentralization. i disagree. it is inevitable in any system to not have any copycats trying to do the same with a much poorer quality to try and make money. but their existence is not going to affect the main system they are mimicking. if anything their constant failure proves the strength of the original system and helps with its growth as people see the strength of it and focus their attention to that instead of wasting time on the worthless copycats. Title: Re: Bitcoin conceptualization in the context of globalization Post by: dothebeats on February 18, 2019, 05:23:23 AM It would be true if the reason for using this technology is to create a new type of financial system without having to restrict previous central systems. What is happening now is the shift from a new system of transactions to new speculative systems, all trying to create more currencies for unknown reasons. Well, in any new system devised, there'd always be crooks who will try to copy the said system and make some money off of it. The reasons aren't unknown IMO, only deviates a little from the original thought (which is making money out of nothing) while sounding as if these new systems have all the answers to the world's problem. They are all the same tbh, and no, it doesn't include bitcoin (and that's not bring bias). Also, trying to create an infinite number of shitcoins reduces the likelihood of decentralization. True, especially if the main goal is money. As I've said, they are all but deviations from the original system, having the same goal for profit. Title: Re: Bitcoin conceptualization in the context of globalization Post by: Bitcoindigger02 on February 18, 2019, 05:42:10 AM Bitcoin mining solves the problem of block chain maintenance through human nature, which also explains why the Bitcoin system has been running steadily for eight years, and makes Bitcoin the most vigorous one in so many applications of block chain technology. "Zhongbencong" for the use of human nature, so that people in the mining for profit, to maintain the operation of the system. But the emergence of miners makes the de-centralization of Bitcoin imperfect, so the innovation and improvement of Bitcoin has never stopped.
Title: Re: Bitcoin conceptualization in the context of globalization Post by: traderethereum on February 18, 2019, 05:51:23 AM I think bitcoin will play a new role model in the financial section. Bitcoin will makes the process of the transaction become easier without using any third party to validate or authenticate or supervise the process itself because when the transaction is made, the process run automatically. We don't have to think about when the process will finish, we cannot send or make any transaction in the holiday season because the banks was close and many other.
We have a bright future in the technology and I am sure that not just financial section that will use the technology itself but the other section will used too. And therefore, bitcoin with blockchain technology will gives the advantages to many people in the future. Title: Re: Bitcoin conceptualization in the context of globalization Post by: Kakmakr on February 18, 2019, 06:28:41 AM ".....non-integrated population in the financial system will gain a particular desire to be part of the new system ." The question is, why would these people be drawn to a new system?
The new system should offer them more innovation and more effectiveness <speed> and more freedom. In countries like China, we find that the technology are not driving the change, but rather political force and influence. <They use their own version of Facebook and Instagram, because the government restrict their access to social media> >:( We should offer people like this a alternative choice, from the restrictions that are forced onto them, by their own government. >:( Title: Re: Bitcoin conceptualization in the context of globalization Post by: mrdeposit on February 18, 2019, 06:29:00 AM In the developing world everything should be appropriate for this development. Paper money cannot play a role in this development but crypto looks more appropriate. Is this Bitcoin, or not, we will see it as time passes.
Title: Re: Bitcoin conceptualization in the context of globalization Post by: Haunebu on February 18, 2019, 06:52:31 AM Paper money cannot play a role in this development but crypto looks more appropriate. Are you trying to state that FIAT needs to be eradicated completely in order to pave the way for Bitcoin and other cryptocurrencies? Keep dreaming buddy. FIAT is not going anywhere and you know it. Cryptocurrencies are slowly finding a way to coexist alongside FIAT currencies through regulations imposed by governments etc and will serve as alternate payment methods. Title: Re: Bitcoin conceptualization in the context of globalization Post by: Pedro12528 on February 18, 2019, 08:40:19 AM As you can see the changes that we live in are profound, especially in this dynamic era. The technology plays an essential role not only from the perspective of creating new infrastructures, but also from the perspective of its conceptualization. I strongly believe that in the coming years, a large amount of the non-integrated population in the financial system will gain a particular desire to be part of the new system - without linking to central authorities. Economies are becoming increasingly interlinked. At the moment, our money in the wallet is worthwhile because there is someone who guarantees for it. What if we still have money that are still recognized without the need for someone as central power to authenticate and supervise them? This is my way of conceptualisation these changes. What role do you think Bitcoin plays in the context of globalization? Bitcoin conceptualization in the context of globalization Central power will be always, it's quite impossible without it. Crypto will exist equally with fiat money, but neven push out them. Title: Re: Bitcoin conceptualization in the context of globalization Post by: BlackPanda on February 18, 2019, 08:57:05 AM As you can see the changes that we live in are profound, especially in this dynamic era. The technology plays an essential role not only from the perspective of creating new infrastructures, but also from the perspective of its conceptualization. I strongly believe that in the coming years, a large amount of the non-integrated population in the financial system will gain a particular desire to be part of the new system - without linking to central authorities. Economies are becoming increasingly interlinked. At the moment, our money in the wallet is worthwhile because there is someone who guarantees for it. What if we still have money that are still recognized without the need for someone as central power to authenticate and supervise them? This is my way of conceptualisation these changes. Bitcoin has significantly changed the views of people in the world towards a financial system. What role do you think Bitcoin plays in the context of globalization? Bitcoin conceptualization in the context of globalization Bitcoin in fact has significantly changed the pattern of globalization. I think that Bitcoin is revolutionary and Bitcoin has a big scheme in the financial system in the world. Title: Re: Bitcoin conceptualization in the context of globalization Post by: KingScorpio on February 18, 2019, 09:24:08 AM As you can see the changes that we live in are profound, especially in this dynamic era. The technology plays an essential role not only from the perspective of creating new infrastructures, but also from the perspective of its conceptualization. I strongly believe that in the coming years, a large amount of the non-integrated population in the financial system will gain a particular desire to be part of the new system - without linking to central authorities. Economies are becoming increasingly interlinked. At the moment, our money in the wallet is worthwhile because there is someone who guarantees for it. What if we still have money that are still recognized without the need for someone as central power to authenticate and supervise them? This is my way of conceptualisation these changes. Bitcoin has significantly changed the views of people in the world towards a financial system. What role do you think Bitcoin plays in the context of globalization? Bitcoin conceptualization in the context of globalization Bitcoin in fact has significantly changed the pattern of globalization. I think that Bitcoin is revolutionary and Bitcoin has a big scheme in the financial system in the world. thats all true what you said, but it wont have a "beautiful world outcome" currently bitcoin is protecting its position by discrimination of all altcoins so called "shitcoiners" thats not sustainable as isnt the minind system. unfortunatelly i expect we will get a fragmented world again in which no one will trust the other anymore. regards Title: Re: Bitcoin conceptualization in the context of globalization Post by: Ispep on February 18, 2019, 09:32:23 AM In the developing world everything should be appropriate for this development. Paper money cannot play a role in this development but crypto looks more appropriate. Is this Bitcoin, or not, we will see it as time passes. I cannot agree with you on this,cryptocurrencies are a new addition to the economy of various nationalities and cannot be said at this moment to be above fiat or more important,when you look at how volatile it is you'll understand that time is still needed before it can be put in that bracket We are all cryptocurrency enthusiasts but we have to be honest with ourselves.cryptocurrency has a long way to go before it can aid in globalization,but it will someday Title: Re: Bitcoin conceptualization in the context of globalization Post by: MakeMoneyBtc on February 18, 2019, 12:36:45 PM Well, first of all bitcoin is a currency that can be used anywhere in the world at any time during the day in comparison to paper money that exist in dozens of different currencies and you have to exchange them every time you travel to a different country. Secondly bitcoin is a free currency that anyone can use regardless of your social statue or location while paper money are controlled by the governments and can anytime be confiscated or rejected without a good reason.
Title: Re: Bitcoin conceptualization in the context of globalization Post by: Karamabit_209 on March 27, 2019, 04:37:53 PM I think one of the role that bitcoin does in the context of globalization is that it allows us to exchange money using the internet. It allows every human to exchange money (and cryptocurrencies) at ultimate speed and with less transactions fee.
Title: Re: Bitcoin conceptualization in the context of globalization Post by: Kamoteng Kahoy on March 27, 2019, 04:59:16 PM I think one of the role that bitcoin does in the context of globalization is that it allows us to exchange money using the internet. It allows every human to exchange money (and cryptocurrencies) at ultimate speed and with less transactions fee. But it also allows scams though.Title: Re: Bitcoin conceptualization in the context of globalization Post by: Wildwest on March 27, 2019, 05:06:32 PM It would be true if the reason for using this technology is to create a new type of financial system without having to restrict previous central systems. What is happening now is the shift from a new system of transactions to new speculative systems, all trying to create more currencies for unknown reasons. Also, trying to create an infinite number of shitcoins reduces the likelihood of decentralization. Indeed, the emergence of many new currencies that are useless, makes the bitcoin market also affected because every transaction that should be on bitcoin is diverted to shitcoin. If indeed they want a new coin, it should be with a clear concept and purpose, not just want to make a profit and damage the market. This is what makes people reluctant to choose bitcoin Title: Re: Bitcoin conceptualization in the context of globalization Post by: Karamabit_209 on March 27, 2019, 05:19:41 PM I think one of the role that bitcoin does in the context of globalization is that it allows us to exchange money using the internet. It allows every human to exchange money (and cryptocurrencies) at ultimate speed and with less transactions fee. But it also allows scams though.Title: Re: Bitcoin conceptualization in the context of globalization Post by: lyks15 on March 30, 2019, 12:28:44 PM I think this will be a long process. And there is a huge possibility that it will never happened. Because all we know that bitcoin is already faces so many issues. And I think when bitcoin comes in the globalization stage more problem that bitcoin will experience because it is an online or digital currency so when all people use it I think more charges will be put on it.
Title: Re: Bitcoin conceptualization in the context of globalization Post by: sheenshane on March 30, 2019, 05:00:07 PM Financial technology keeps on growing and that is what I am personally witnessing. Bitcoin already had its biggest role in showing people that cryptocurrency is possible. Blockchain technology is one of the best samples of an effective system that will apply in the financial industry.
Globalization is actually a thing we need to improve as people must not be divided and unite. But the thing is, people who are already benefiting with the divisions are the hardest competition for the Globalization. It is really hard to think that Globalization will be executed because of the said division. Title: Re: Bitcoin conceptualization in the context of globalization Post by: plvbob0070 on March 30, 2019, 09:40:52 PM Bitcoin plays a role when it comes to technology and financially. As the time passes, the world is developing technologically and its part of technological development. Bitcoin. Advancement in technology helps people, not just in certain places but around the world to make things easier. It also connects people around the world through transactions. Bitcoin basically helps when it comes to financial sector and with the use of technology it makes more easier and convenient to people.
Title: Re: Bitcoin conceptualization in the context of globalization Post by: minersday on April 02, 2019, 09:27:56 PM What role do you think Bitcoin plays in the context of globalization? Bitcoin conceptualization in the context of globalization Technology advancement is general the basic tool needed for globalization. Considering the purpose of Bitcoin to the financial ecosystem, it has helped people to do their transactions easier and faster on a peer to peer system which eliminates the third party systems and limitations associated in funds transfer. Title: Re: Bitcoin conceptualization in the context of globalization Post by: tweetbit on April 02, 2019, 10:07:22 PM They are the one that do it because bitcoin obviously cannot move to itself. If you are a person that will have q transaction, you must be able to know the sites that the [crypto exchange](https://darbfinance.com/?=Crored) The logic seems to be a little off? We all know that bitcoin won’t exist without humans and everything else. And it’s how you promote a site that isn’t relevant to the topic or has nothing to do to any of it that catches my attention. Bitcoin will not scam anyone, people behind is just using it. That’s a good one if we don’t know that is common sense statement. Scammers do exist because victims do exist. Vulnerable people or investors must not, ignorantly transacting on the Internet without researching about it. Title: Re: Bitcoin conceptualization in the context of globalization Post by: Viceroy on May 11, 2019, 02:34:21 AM For me globalization and everything to do with it sounds like a new way of controlling minds, kindda when all the globe thinks the same it's easier to rule. and btc is another drop to that ocean of "uniting" tools lol.
Title: Re: Bitcoin conceptualization in the context of globalization Post by: ranman09 on May 11, 2019, 03:02:07 AM Probably to be the first decentralized money concept. I'm not saying that Bitcoin will not succeed, it surely will do, but not as the currency we are all wanted it to be.
Title: Re: Bitcoin conceptualization in the context of globalization Post by: Yakamoto on May 11, 2019, 05:05:50 AM For me globalization and everything to do with it sounds like a new way of controlling minds, kindda when all the globe thinks the same it's easier to rule. and btc is another drop to that ocean of "uniting" tools lol. It's not a way of controlling minds but there are definitely detractors when it comes to globalization. While there are economic benefits, the impacts it has on the cultures around the world don't really provide a net benefit when you consider all the aspects. Globalization makes it easier to make everyone think the same and it just units labor in a way that makes wages far cheaper than they would be otherwise. It's a net gain for corporations however it's a net loss for anyone who actually works for a living. Regardless of whether Bitcoin is a uniting tool or not (and I doubt it is considering the massive market that surrounds currency exchange), it's only a small segment in an increasingly strange world. I don't think anyone was imagining tech and commerce to advance this fast, and now it's exponentially growing.Title: Re: Bitcoin conceptualization in the context of globalization Post by: salty on May 11, 2019, 12:58:21 PM Bitcoin is essentially a litmus test in globalization.As the demand for bitcoin grows, globalization will expand.
Title: Re: Bitcoin conceptualization in the context of globalization Post by: CryptoBry on May 11, 2019, 01:33:40 PM For me globalization and everything to do with it sounds like a new way of controlling minds, kindda when all the globe thinks the same it's easier to rule. and btc is another drop to that ocean of "uniting" tools lol. It's not a way of controlling minds but there are definitely detractors when it comes to globalization. While there are economic benefits, the impacts it has on the cultures around the world don't really provide a net benefit when you consider all the aspects. Globalization makes it easier to make everyone think the same and it just units labor in a way that makes wages far cheaper than they would be otherwise. It's a net gain for corporations however it's a net loss for anyone who actually works for a living. Regardless of whether Bitcoin is a uniting tool or not (and I doubt it is considering the massive market that surrounds currency exchange), it's only a small segment in an increasingly strange world. I don't think anyone was imagining tech and commerce to advance this fast, and now it's exponentially growing.Globalization is not a very simple thing to discuss much more implemented across many economies which varies in scale, challenges and threats as well as opportunities. I am for limited globalization and not for unbridled where we don't care what the system can bring to local people. Globalization should be benefiting the people in the first place, otherwise it can just a tool for the powerful to trump on weaker economies. In other words, economies and governments together with the people should be talking and not ignoring each other to sidestep possible blunders that can be hurting the people themselves. As to what is the role of Bitcoin with globalization and whether it can be positive or negative, this question can be difficult to answer for now maybe we should wait for some years before the full picture can emerge. As of now, Bitcoin is borderless so it can facilitate global eCommerce and this is an important aspect in globalization the seamless flow of money from one country to another faster and with lesser fees. And this is where many people are actually excited. Title: Re: Bitcoin conceptualization in the context of globalization Post by: kerneal on July 01, 2019, 05:21:34 PM Today the cryptocurrency and blockchain present very interesting options for people looking to save their money for the future with the greatest interest rates of the market. Personally I believe in a new blockchain company Credits, which works in the field of developers and has a wide range of solutions that can be used in application development. Connect to external data sources, launch smart contracts at the right time, issue tokens with Credits blockchain.
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