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Author Topic: Bitcoin to be international currency  (Read 94629 times)
Ilegendph
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October 31, 2017, 11:00:01 AM
 #1621

This is too difficult to do in the near future. Bitcoin can be accept in the world but use it everywhere is can't. i think it will seem a kind of stock online
Indeed bitcoin will be soon made legal all over the world but as you said, I am not sure that everyone will be suing it excuse still there is large percentage of those who are comfortable with paper money and don’t want go totally depend on digital currencies.

Moreover all the countries of world are not developed enough to provide everyone with internet connection at cheap rates for using bitcoin.

It is not possible for the bitcoin to be legal for every country and become an international currency for a reason that everyone is relying on the bank maybe if everyone is educated on how to earn bitcoins and banks could adjust immediately then it is possible but for not it was clear that it is not.
Well atleast most of the country would accept bitcoin. Many countries have made their move toward bitcoin, and the good news is that even japan accepts bitcoin as mode of payment. And I believe that the inclusion of Japan in bitcoin would give it a solid future to bitcoin since we all know that Japanese people are innovative.

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October 31, 2017, 12:56:15 PM
 #1622

Well, It's already international currency but there are few country where Bitcoin is not accept but most of the country accept Bitcoin where using Bitcoin for buying various things.
Bitcoin is indeed a very good thing and there are so many good things which you can have in your lives if you invest in bitcoin. As far as international currency is concerned, I think at the very present it is not possible for bitcoin to be an international currency.

The thing is there are still number of people who don’t know about bitcoin and above all, number of countries did not declare it as legal.
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November 01, 2017, 04:59:13 PM
 #1623

This is too difficult to do in the near future. Bitcoin can be accept in the world but use it everywhere is can't. i think it will seem a kind of stock online
Why are you saying this because a lot of the people are aware of the bitcoin value and the price so you know now almost all the people in my country are now buying the bitcoin but not the is and the other currencies and the money will be invest more and more so the profit will be given to all the people in the very short time so it is the time to trust the bitcoin and to get in the bitcoin.

 
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sam53
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November 02, 2017, 12:26:04 PM
 #1624

Well, It's already international currency but there are few country where Bitcoin is not accept but most of the country accept Bitcoin where using Bitcoin for buying various things.
Bitcoin is indeed a very good thing and there are so many good things which you can have in your lives if you invest in bitcoin. As far as international currency is concerned, I think at the very present it is not possible for bitcoin to be an international currency.

The thing is there are still number of people who don’t know about bitcoin and above all, number of countries did not declare it as legal.
That isn't important! Even, the government and most of people will using Bitcoin, with the current system of Bitcoin, it can't still provide a system enough to receive all transaction hash from 7 billion users on the world Grin. You need to know the Bitcoin system still small.
acener
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November 02, 2017, 12:48:18 PM
 #1625

If bitcoin to be international currency, what do you think?
You can use it every where and anywhere, without exchange it.
And how to use transaction with it, if bitcoin just crypto currency?
How many people like with this thread?

For me, there is a probability that bitcoin may be acknowledged and used world wide. Bitcoin has already proven it's security, accuracy and utilization. So, I don't see any problems when it comes to applying it in our daily lives.

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November 02, 2017, 01:16:27 PM
 #1626

If bitcoin to be international currency, what do you think?
You can use it every where and anywhere, without exchange it.
And how to use transaction with it, if bitcoin just crypto currency?
How many people like with this thread?

If that would happen, that we don't need to convert bitcoin to any fiat currencies just to use it in daily use or daily needs, then that would be awesome, we just have everything we need in our gadgets and we could buy all we need with just a click. That is something that would benefit every crypto users in the world.

kyanscadiel
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November 02, 2017, 02:30:57 PM
 #1627

Maybe unlikely that bitcoin will become an international currency because no goods or food counter bitcoin itself need to be converted for costly . And only few online store that accepts bitcoin therefore be difficult international currency because it is not yet known whether the large business.
I think you do not have much knowledge about bitcoin as nowadays everything is easily available with bitcoin and no one is going to restrict from its use and if you want it to be used in your local market then you can get a bitcoin debit card and can use it at there.
bitcoin is already an international currency in a digital form of money but for it to be legalized as a legal currency i think that's not gonna happen anytime soon. Because there are still foreign countries that doesn't accept bitcoin and failure to do so it would be more difficult for bitcoin to be widely and globally accepted currency.

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November 02, 2017, 03:15:29 PM
 #1628

If bitcoin to be international currency, what do you think?
You can use it every where and anywhere, without exchange it.
And how to use transaction with it, if bitcoin just crypto currency?
How many people like with this thread?

It already is an international currency since it is internet based without language barriers nor ip and system barriers I think bitcoin is truly worthy being called as an international currency all it needs now is to be more accepted locally in each countries but based on my observation it already is going to that point.

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November 02, 2017, 03:21:12 PM
 #1629

Global currency must be recognized all over the place. Bitcoin is nowhere near that. In scores of nations people have by no means yet read of it let by yourself have obtain to proper world wide web which is the spine of transactions to occur. Acceptance is essential alongside with straightforward trade with fiats all more than the globe. Then only it can grow to be an worldwide forex in the accurate feeling.
Gudhal Untu
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November 02, 2017, 03:29:25 PM
 #1630

I agree and happy if bitcoin becomes international currency, this is because bitcoin transactions are easier and safer than using regular money. I hope all countries are not banned bitcoin.

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November 02, 2017, 03:33:22 PM
 #1631

If bitcoin to be international currency, what do you think?
You can use it every where and anywhere, without exchange it.
And how to use transaction with it, if bitcoin just crypto currency?
How many people like with this thread?
Bitcoin has come a long way since it had started and has seen tremendous success. During these years bitcoin has gained immense amount of popularity among the people which has lead to  increase in its users. But still I don’t think that bitcoin will become an international currency because firstly bitcoin is not stable form of currency and its value keeps on fluctuating. Secondly bitcoin is not regulated by any government which decreases its stability.  Thirdly it is way more less popular than the fiat money. Leading to limited bitcoin users.

Yeah i think soo.
There are some people who have position in government officials didn't agree with this argument. Cause they can't to make some transactions in misappropriation of funds. lol

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November 02, 2017, 03:40:43 PM
 #1632

Bitcoin is already an international currency. But for international banking system it is a huge problem. For most ecomomics in the world it's a big progress. I am glad that we have such chance to step forward in the future.
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November 02, 2017, 03:45:53 PM
 #1633

Yes! Bitcoin to be international currency! it will be!
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November 02, 2017, 10:13:18 PM
 #1634

It already is international currency in a way, it never will be official currency tho.
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November 03, 2017, 12:04:09 AM
 #1635

As far as i know. It is already an international currency. But there are countries like us that to be able to use this cryptocurrency , we need to convert it to fiat. We have no POS that accepts bitcoin as payment.
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November 05, 2017, 03:43:24 PM
 #1636

I also think it has the potential to become used worldwide by anyone. U.S. dollar intented to do so, but because of the fact it was associated with the United States, any opponent or unfriendly country would not use it. Bitcoin has the advantage to be totally neutral, hence it can perfectly become the prefered way to transfer money abroad.
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November 06, 2017, 09:32:31 AM
 #1637

I think it can be the truth, why not? The only question is when.

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November 06, 2017, 09:42:53 AM
 #1638

It might happen one day. It will be international but probably not adopted by every single country in the world.
mx667
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November 06, 2017, 09:46:36 AM
 #1639

I also think it has the potential to become used worldwide by anyone. U.S. dollar intented to do so, but because of the fact it was associated with the United States, any opponent or unfriendly country would not use it. Bitcoin has the advantage to be totally neutral, hence it can perfectly become the prefered way to transfer money abroad.

I think Bitcoin is already an international currency because the whole world already knows and uses Bitcoin. Only, not all countries allow Bitcoin and maybe we should use Bitcoin clandestinely.

To me, Bitcoin has become my first major job or investment tool. It can happen because Bitcoin is the cheapest and easiest investment tool. I'm sure a lot of people are investing too. And also, in various places to shop or restaurant already use Bitcoin for transactions, for example in my country.
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November 06, 2017, 09:58:27 AM
 #1640

I hope so, if bitcoin can be used all over the world and can be used in certain places, I hope faster is better...
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