Bitcoin is already used all over the world but Im not sure it can be officially called an international currency.    

There are certain national currencies held all over the world in reserve by central banks in order to facilitate global trade, this is the modern economy that no nation exists by itself or tries to operate a colony type empire.   So we have competing currencies based on a few themes, such as Oil is a widely recognised trading background to currencies.   Some upset from USA fracking and increased oil production has changed global balance and economies globally.

Bitcoin is largely benefiting from the US dollar QE policy, it allows its citizens and those tied to USA indirectly by trade such as China to bypass some of the losses that occur from QE.   Its been a useful product or token but not yet held as currency as such I think, its more transitory


Taken from Wiki.   The missing reserve is gold but that is backing in part to some of these currencies.    The very next world currency will not be bitcoin, it will be SDR and if you have never heard of what that is and it already exists then you would look to the IMF who issue SDR.    Its possible if US dollar did pass out its proxy as world currency then the understudy to the crown is SDR not anything less official.   Once SDR fails and the IMF system fails then you can consider gold and bitcoin as maybe and perhaps much higher prices and usage would result, its a sink or swim scenario at that point and we are still well afloat a long way from that outcome

http://www.imf.org/external/np/exr/facts/sdr.htm

That is ironic strength of gold, if it wasnt for its stability it would just be shiny metal used in jewellery and some other replaceable uses.   The stability gives worth as so many other currencies are volatile, bitcoin would be far more highly considered by a wider audience if it hadnt varied from 1000 to 200 so easily.
   Gold has held its value for hundreds and thousands of years, which means it has the attention of almost everyone on the planet and that mass appeal is a giant point in its favour.   So its ironic, it doesnt vary so greatly but also long term so highly wanted that it easily justifies a purchase.    Even when people pay a bad price, such as buying in a jewellers shop or even pawn shop it still ends up holding value and being more worthwhile then holding a majority of world currencies.  If bitcoin can ever be this boring I would expect great success

Ive done beta testing before and obviously used quite a few bitcoin sites in my time.    I also have a small amount of programming experience with flat databases, nothing complicated but I get the idea of how valuable finding and identifying bugs in a repeatable way can be.   Let me know if I can be of assistance and good luck either way

Thats completely possible.  2 million dollars a coin.    The catch is dollar has no fixed worth and we are talking 20 years.   It took only ten years for the empire of USSR to go from invading Afghanistan with tanks down to a failed state with no government in many parts and so the currency in that case would be 2 million rubles per bitcoin.    Those 2 million wont buy a loaf of bread.

Can USA dollars do similarly, sure and so its possible but of little use to say 2 mil in 20 years.   If they dumped 17tn of debt into cash dollars and paid them off literally in that way, it'd make the exchange rate with everything even bitcoin goto these levels

2000 bitcoins per person is silly.   For certain this cannot be the answer so long as the total is 21 million .

This allows for 10,500 people to be using bitcoin.  This is your grand vision of bitcoin being successful in twenty years time?    Thats less people then now so what you imply is the price will be at least half what it is now.
300 dollars per coin x 2000 is about 600,000.   Sounds alot but if you intend to retire and live twenty years, thats poor.    If only 10,000 people use bitcoin, the idea failed and probably so did the price as little business actually occurs between those people.
If we imagine 1 billion use bitcoin in twenty years, then its amazing.   You really only need to own a few just so long as bitcoin takes off and the price will be high as its used so much

Invest in alternatives to the dollar is probably a good idea.  12% is amazing, I wonder which countries that was maybe India a decade ago was doing that but not sure now.   Globally I think dollar will decline in favour of something less biased maybe not bitcoin but many other systems may be the true successors in the end game.    Dont be all in one thing, I think everyone should have a bit of gold but decide yourself on that one.   Dollar might be replaced or supported by IMF SDR shorter term but thats just another political rehash of now.  I think longer term it'll world currency will rely on something with more integrity of some kind

Dont think price, think of the market capital of bitcoin.   Just 1000 makes 21 mil coins a market of 21bn total.   I know not everything is circulated but thats the potential

So we take 21bn and divide by 6bn people on earth giving each of them about $5 each  (total pop may be more but excluding babies etc).    So this is feasible, we take bitcoin to 10,000 per coin and its $50 per person.    Thats about the limit for me as a reasonable projection.   50 dollars is in some parts of the world is a months spending money and obviously its never evenly distributed but its reasonable as an idea of even the poorest might want to use bitcoin like this.

Take bitcoin to 100,000 each coin and its $500 per person in the world and thats just not happening, many millions of people never hold this much money in cash.  Their wealth is tied up in their animals or crops not pure cash.   Obviously we have massive hoarders and the whole 1% dynamic where some own billions and others beg for pennies to exist but the largest section of society recognises a reasonable average like this.
 10k per bitcoin is quite feasible over twenty years I think this happens at least and you can retire on it.  The other alternative is bitcoin is not used at all by then

Someone should sneak in some bitcoin on a usb stick and setup shop,  start splitting it up for people to be swapping as proxy dollars; it basically is that at this point.   Thats when it becomes a useful product to people because they literally being denied the simple freedom of reliable exchange in their trading everyday

I'm interested in buying GTA 5 but problem is I probably will use my steam account balance to do that.    I could give you keys maybe and some bitcoin but yea its a pain selling steam accounts.   I try to split all my games up across accounts, sometimes somebody just wants to buy just one game.   Tell me if you are looking for any game and maybe we can swap some value there as well in order to do this deal

In a town constantly stop starting is a big point in favour of electric as they have good torque and are better suited to being idle alot of the time.  Crossing a country on a motorway is fine with petrol

I would sell all my Bitcoins if a nuclear EMP missile were launched in the North western hemisphere thereby wiping all electronic equipment and possibly trashing the capabilities of bitcoin.    Im thinking of a James Bond style plot that might irradiate valid ASIC fleets now and lower bitcoin difficulty massively and return the random gpu user back to power, who knows

I up re tweet ed your post, would be good to see more available though, is it a new site setup I guess.    I have about two dozen twitter accounts in theory available for such matters but Im not sure it really works with this system especially

Thats impressive so transmission of energy is the main drawback.   The ironic thing there is coal is one of the most efficient ways to transport energy, it has a higher calorific content then oil and does not degrade or pollute easily before its use so its very good to store long term.    The local coal power station might out rank the solar panel in the Sahara somehow.

The easiest scheme I ever saw was coke cans in a glass case, rotating with air passing bottom to top and it heated the air passed over them even on a cold day.  Almost free to make, the solar power also is free only the labour and small fan to pass air is what costs.  Everyone here can make one of those but we dont

They warned well before the first world war, we'd run out of coal.   Peak coal is a thing
Also oil, we'd run out oil and that time we using whales so basically we just moved on.   I dont know what other types of oil there is but I guess we wont ever really use up either as we just find uses and sources especially one becomes difficult. Thorium is possible for us to use, safer even maybe but its easier not to bother at present?  Its not suitable for bombs is the main reason I read why

Ive sent details of the escrow user and of course its upto who you are happy with to carry out the swap

https://bitcointalk.org/index.php?topic=631008.0   is the link

Hi
Im doing a small sale for 0.04btc to btc357 who wants to escrow with yourself so they can check the account is working before paying fully.

I will let them know they should post here in a moment, thanks

The UK has a facility to recycle nuclear waste and allow it is to reused.   I presume its not perfect and eventually it will just be all waste.

Solar power also is flawed, one day the Sun will blow up.  Depends how picky we are being, efficiency is a big concern anyway though.  I believe they made great advances with solar power


Doesnt have to be, right now it tends to be done crudely.   Again its efficiency and just demand, we mostly have low demand low growth and lots of oil so easy they fight over it .   I would like to see Tidal power used far more, one of the worlds biggest tidal range schemes was refused because its just easier to burn Russian gas.  Why bother I guess

Wave power can also be harnessed, not many people looking to complain about sapping those poor waves.   But its hard to do all that and make it cheaper and definitely not easier then burning stuff

Gold is not an investment really, some people speculate with it but its just a store of wealth separated from any countries currency.   Usually people put money in they want to spend in the near term, which is a problem if the market is more interested in messing around with government debt schemes and guaranteed returns plus there is not many regulators requiring an asset base of gold.
   So who needs gold, only the truly wealthy people who have zero need of this money short term and not many of us can say that; old money people who were rich every day of their lives from a sucessful family business etc.   So the rest of us speculate on China buying it etc

Bitcoin overpriced, in which aspect are we to value it thats hard to say.   Dollars are overvalued, thats certain with the amount of bonds issued yet to unwind and the growth potential not likely to meet this new currency created and then in circulation.   So dollar too high makes bitcoin relatively too low, I dont know but seems that way.    Every counterparty to dollar in its global exchange seems possibly cheaper.  

This guy might know http://pricedingold.com/bitcoin/
Price of BTC about half the peak but triple the recent low

Spike sounds painful, much rather a gradual staircase higher boring but more dependable.  Ultimately volatility in either direction is some kind of negative for those dealing in bitcoin for their business or finance transaction as it makes transaction cost slightly more uncertain  to both buyer and seller.   HODL is simple but bitcoin is really more dependent on money flow

Ok just to confirm ive sent the details via pm, BTC address: 1DK34iqMAMaTJPtDMysNnEcBqywdYxEnV8
Post again when you send payment and I'll confirm again and send the reddit user and pass