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Author Topic: Bitcoin to be international currency  (Read 94629 times)
hyudien
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June 25, 2016, 05:55:52 PM
 #281

Why not? We can see rapid use of bitcoin everywhere. Then if it used largely it will be an international currency
But, i think it's verry impossible, couse bitcoin have many weakness like anyone can get it with verry easy. And if wold be, that can make bitcoin unlimited, so if all people have so many bitcoin, it will make bitcoin verry cheaper after.

Bitcoin could end up being a side nation's country money but the fact of the matter is... You cannot expect btc to rise to the challenge to be that currency because there are a limited amount of btc allowed.
If bitcoin is limited , So How much a person have a maximum limit?

inure 
 

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June 25, 2016, 07:34:35 PM
 #282

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?

I think bitcoin has become an international currency, because bitcoin can be used anywhere. What do you mean without exchange? I think it was membuthkan exchanger usd if you go to some areas that do not receive usd. Bitcoin already crypto currency, you can find out here http://www.wikihow.com/Use-Bitcoin . Thank you

Yes, it is international currency but for only use only and also it is not yet the world or global currency, we will call it as global currency only when all of the businesses online and offline on large scale prefer to use bitcoin for them.
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June 25, 2016, 09:57:53 PM
 #283

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?

I think bitcoin has become an international currency, because bitcoin can be used anywhere. What do you mean without exchange? I think it was membuthkan exchanger usd if you go to some areas that do not receive usd. Bitcoin already crypto currency, you can find out here http://www.wikihow.com/Use-Bitcoin . Thank you

Yes, it is international currency but for only use only and also it is not yet the world or global currency, we will call it as global currency only when all of the businesses online and offline on large scale prefer to use bitcoin for them.

Some prefer to use btc online for their transactions just so they dont have to use their bank account directly but it still is kind of dangerous to just use btc because there is not much proof that you can provide in legal terms because you cannot prove that and you cannot LEGALLY get your btc in return for a product.

You will see though that btc will get much bigger in countries currencies.
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June 25, 2016, 10:00:11 PM
 #284

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 is already an international currency that everyone can spend anywhere online.
It can grow, and attract more peoples.
For that, we need to improve the system, so that transactions will be faster.

Bitcoin is an international currency because it has no boundaries or limitation . It is not controlled by any government. But only thing it is not yet considered as an international currency it is not used everywhere and not everyone knows about it.
yeah maybe in the future people will prefer to something freely without any intervention from the government and other parties. bitcoin provides the freedom to transact: D

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June 26, 2016, 12:33:36 AM
 #285

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 is already an international currency that everyone can spend anywhere online.
It can grow, and attract more peoples.
For that, we need to improve the system, so that transactions will be faster.

Bitcoin is an international currency because it has no boundaries or limitation . It is not controlled by any government. But only thing it is not yet considered as an international currency it is not used everywhere and not everyone knows about it.
yeah maybe in the future people will prefer to something freely without any intervention from the government and other parties. bitcoin provides the freedom to transact: D

It's really sketchy to know how much control all of the governments have over btc im pretty sure every government has a slight connection to bitcoin, EVEN if it's the smallest connection ever...IF all governments sold all of their btc at once, bitcoin would surely tank almost instantly so we all have to be careful because china has a huge amount of the bitcoin supply.
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June 26, 2016, 02:59:04 AM
 #286

Why not? We can see rapid use of bitcoin everywhere. Then if it used largely it will be an international currency

Yeah it has an potential to become international currency in future when it will be widely used and accepted, as of now its approaching towards it and its on developing stage.
yeah maybe in the future will be a lot of traders in each country who accept bitcoin option? so that every person in the country can do shopping with bitcoin and I'm confident with it because bitcoin users continues to grow and that is the reason to become a global currency bitcoin
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June 26, 2016, 05:16:07 AM
 #287

bitcoin is already international because it doesn't belong to any nation or government and also it is a currency because it has the potential and also it is being used as a currency too. but in my opinion it will never be international currency in a sense that it will never replace fiat because fiat has always been so strong.

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June 26, 2016, 05:50:24 AM
 #288

Why not? We can see rapid use of bitcoin everywhere. Then if it used largely it will be an international currency
But, i think it's verry impossible, couse bitcoin have many weakness like anyone can get it with verry easy. And if wold be, that can make bitcoin unlimited, so if all people have so many bitcoin, it will make bitcoin verry cheaper after.

Bitcoin could end up being a side nation's country money but the fact of the matter is... You cannot expect btc to rise to the challenge to be that currency because there are a limited amount of btc allowed.
If bitcoin is limited , So How much a person have a maximum limit?

well one person can have 21m bitcoins thats the total amount of bitcoin when it started but now that wont be possible
and the maximum amount of btc a person can get is the total of the remaining funds of bitcoin. we already have the
first halving and second is coming up so the remaining funds of bitcoin will right about 5.25m (bitcoin excluding the lost and mined
coins.) after the second halving.


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June 26, 2016, 05:56:42 AM
 #289

Bitcoin is already an international currency. Because it has got access over all the countries and it has got the same value in every country.At present we need to exchange Bitcoin for fiat if we want to use the local currency of the country where we are located in, but I hope in the future Bitcoin will become like a legitimate second currency to fiat and all the prices in offline shops will be listed with both the fiat and Bitcoin values.
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June 26, 2016, 09:35:55 AM
 #290

Bitcoin is already an international currency. Because it has got access over all the countries and it has got the same value in every country.At present we need to exchange Bitcoin for fiat if we want to use the local currency of the country where we are located in, but I hope in the future Bitcoin will become like a legitimate second currency to fiat and all the prices in offline shops will be listed with both the fiat and Bitcoin values.
For me, if we say international currency it would not only mean that it is use by all the countries. The turning point here is if it is widely use and popular among them, I know only few of the total population of the world are using bitcoins so we need to improve to get into that spot.

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June 26, 2016, 05:38:50 PM
 #291

Bitcoin is already an international currency. Because it has got access over all the countries and it has got the same value in every country.At present we need to exchange Bitcoin for fiat if we want to use the local currency of the country where we are located in, but I hope in the future Bitcoin will become like a legitimate second currency to fiat and all the prices in offline shops will be listed with both the fiat and Bitcoin values.
For me, if we say international currency it would not only mean that it is use by all the countries. The turning point here is if it is widely use and popular among them, I know only few of the total population of the world are using bitcoins so we need to improve to get into that spot.
Thans for your explain what i mean.
I know the meaning of the international is everyone knew it , although not using it . And the global meaning of a few people know it or used it.

inure 
 

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June 26, 2016, 08:10:45 PM
 #292

Maybe but not totally a currency because it is a decentralized digital currency and it will never be replace the US Dollar and it doesnt have a fixed price so i dont think that the government and almost all countries will accept bitcoin to be a international currency it will stay as a international digital currency .
I think that makes it decentralized bitcoin become a global currency. because there is no one who can control the bitcoin. so that bitcoin will become the most attractive currency
It's true, because people don't trust the government so they will choose a more decentralized currency and that would only happen if the government will not make a necessary measures to ban bitcoins in their respective countries.
what if every country did ban the bitcoin? bitcoin is it will remain the global currency? if you say yes. how transksi bitcoin will be valuable when the government does not accept bitcoin and said that bitcoin is illegal? is it important if we ask for permission to bitcoin to the government?
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June 26, 2016, 08:16:08 PM
 #293

At a moment its not an international currency as many are still not aware about it and it is also not widely used or accepted, So I think it will take a long time to become international currency.
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June 26, 2016, 08:17:02 PM
 #294

It is already an international currency, the thing you want to clarify can be considered fine, but it is not possible currently as you need to exchange your coins for fiat. There are places though, where people have started accepting bitcoins, but that won't make a big difference unless it becomes acceptable all over the world.

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hyudien
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June 26, 2016, 09:09:34 PM
 #295

It is already an international currency, the thing you want to clarify can be considered fine, but it is not possible currently as you need to exchange your coins for fiat. There are places though, where people have started accepting bitcoins, but that won't make a big difference unless it becomes acceptable all over the world.
Do you think the meaning of international itself, so you could say bitcoin already an international currency? Huh

inure 
 

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Cyaren
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June 26, 2016, 09:40:08 PM
 #296

It is already an international currency, the thing you want to clarify can be considered fine, but it is not possible currently as you need to exchange your coins for fiat. There are places though, where people have started accepting bitcoins, but that won't make a big difference unless it becomes acceptable all over the world.
Do you think the meaning of international itself, so you could say bitcoin already an international currency? Huh

YEah bitcoin is already an international currency technically because it is used all over the world, there is not one place that i know of that has not used bitcoin EVER in their entirety. Bitcoin is already an international currency.

Thanks, good luck building your bitcoins.
Hatuferu
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June 27, 2016, 01:34:39 AM
 #297

It is already an international currency, the thing you want to clarify can be considered fine, but it is not possible currently as you need to exchange your coins for fiat. There are places though, where people have started accepting bitcoins, but that won't make a big difference unless it becomes acceptable all over the world.
Do you think the meaning of international itself, so you could say bitcoin already an international currency? Huh

YEah bitcoin is already an international currency technically because it is used all over the world, there is not one place that i know of that has not used bitcoin EVER in their entirety. Bitcoin is already an international currency.

Thanks, good luck building your bitcoins.
However, as of this moment we still don't have a massive adoption and only when that happen we can experience widespread use of bitcoins and it will affect the price as well to be stable.

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harizen
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June 27, 2016, 03:18:45 AM
 #298

It is already an international currency, the thing you want to clarify can be considered fine, but it is not possible currently as you need to exchange your coins for fiat. There are places though, where people have started accepting bitcoins, but that won't make a big difference unless it becomes acceptable all over the world.
Do you think the meaning of international itself, so you could say bitcoin already an international currency? Huh

YEah bitcoin is already an international currency technically because it is used all over the world, there is not one place that i know of that has not used bitcoin EVER in their entirety. Bitcoin is already an international currency.

Thanks, good luck building your bitcoins.

LITERALLY, bitcoin is an international currency.

On the other hand, bitcoin doesn't used much actively like other international currency.

But if people will treat this currency as currency and not on investment purposes somehow it will take bitcoin as a global currency.

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Maslate
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June 27, 2016, 05:07:40 AM
 #299

It is already an international currency, the thing you want to clarify can be considered fine, but it is not possible currently as you need to exchange your coins for fiat. There are places though, where people have started accepting bitcoins, but that won't make a big difference unless it becomes acceptable all over the world.
Do you think the meaning of international itself, so you could say bitcoin already an international currency? Huh

YEah bitcoin is already an international currency technically because it is used all over the world, there is not one place that i know of that has not used bitcoin EVER in their entirety. Bitcoin is already an international currency.

Thanks, good luck building your bitcoins.

LITERALLY, bitcoin is an international currency.

On the other hand, bitcoin doesn't used much actively like other international currency.

But if people will treat this currency as currency and not on investment purposes somehow it will take bitcoin as a global currency.
Exactly, but with the present situation the massive adoption still not happening and only when that happens we can witness that price of bitcoins to be great, we need volume to make bitcoins sustainable and to improve the going concern of the bitcoin.

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harizen
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June 27, 2016, 05:36:13 AM
 #300

It is already an international currency, the thing you want to clarify can be considered fine, but it is not possible currently as you need to exchange your coins for fiat. There are places though, where people have started accepting bitcoins, but that won't make a big difference unless it becomes acceptable all over the world.
Do you think the meaning of international itself, so you could say bitcoin already an international currency? Huh

YEah bitcoin is already an international currency technically because it is used all over the world, there is not one place that i know of that has not used bitcoin EVER in their entirety. Bitcoin is already an international currency.

Thanks, good luck building your bitcoins.

LITERALLY, bitcoin is an international currency.

On the other hand, bitcoin doesn't used much actively like other international currency.

But if people will treat this currency as currency and not on investment purposes somehow it will take bitcoin as a global currency.
Exactly, but with the present situation the massive adoption still not happening and only when that happens we can witness that price of bitcoins to be great, we need volume to make bitcoins sustainable and to improve the going concern of the bitcoin.

Well since most of people are gaining benefits from treating as an investment, we can't really see such active usage of bitcoin circulating in the merchant world.

So just take the ride since we are gaining advantages here.

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