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Author Topic: Bitcoin to be international currency  (Read 94929 times)
ronaldo40
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July 15, 2016, 07:58:02 AM
 #441

Bitcoin is already an international currency, it's used easily worldwide and nobody could ban it, it's even used a lot better than fiat sometimes.
I know if no one is able to stop bitcoin , but many are still many places that do not support the bitcoin . May be not only not support but did not accept bitcoin whose prices fluctuate because of fear of loss that would be obtained.
If you are living in a remote area then that is given that bitcoins will be useless, you an internet to operate the transactions and I can say the bitcoins have already gone to far in terms of success because even in our country many are already aware and using bitcoins.
In less developed countries they have already been using bitcoins although some establishments has not offered to accept bitcoins, the internet unites us in using bitcoins since it is internet money.
bitcoin is currently in the online media only as an investment. bitcoin is not fully free to be used as payment transactions, because everyone is not using bitcoin, and still rarely shops or the like which accept bitcoin. yes if we estimate possible use of bitcoin only a few percent of the entire population in the world. but in the future is likely Bitcoin to be an international currency.

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July 15, 2016, 08:52:31 AM
 #442

Bitcoin is already an international currency, it's used easily worldwide and nobody could ban it, it's even used a lot better than fiat sometimes.
I know if no one is able to stop bitcoin , but many are still many places that do not support the bitcoin . May be not only not support but did not accept bitcoin whose prices fluctuate because of fear of loss that would be obtained.
If you are living in a remote area then that is given that bitcoins will be useless, you an internet to operate the transactions and I can say the bitcoins have already gone to far in terms of success because even in our country many are already aware and using bitcoins.
In less developed countries they have already been using bitcoins although some establishments has not offered to accept bitcoins, the internet unites us in using bitcoins since it is internet money.
bitcoin is currently in the online media only as an investment. bitcoin is not fully free to be used as payment transactions, because everyone is not using bitcoin, and still rarely shops or the like which accept bitcoin. yes if we estimate possible use of bitcoin only a few percent of the entire population in the world. but in the future is likely Bitcoin to be an international currency.
Yup! as we are here on board now we should think of the future and we should do investment in the moment.

For me, doing investment will make us stay in the bitcoin world in a healthy way as along the way we can learn the basics and latest updates that would give us the confidence to invest more.

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July 15, 2016, 10:35:21 AM
 #443

i think at this moment bitcoin has become the 1st international currency in online world. because i found the merchand growing everyday, and now it's very easy to spend our bitcoin

I actually think like that too. I dont know why people are trying to say that it is not global or it just depends on how they see what global is. It is globally available online. Online means internet and you can get it everywhere now.
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July 15, 2016, 11:22:50 AM
 #444

i think at this moment bitcoin has become the 1st international currency in online world. because i found the merchand growing everyday, and now it's very easy to spend our bitcoin

I actually think like that too. I dont know why people are trying to say that it is not global or it just depends on how they see what global is. It is globally available online. Online means internet and you can get it everywhere now.
you can use Bitcoin for anywhere, for all of your shopping including picking up groceries from your local mini-market. but still there are countries that are unaware of bitcoins. so we can say it as partially global.
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July 15, 2016, 02:36:23 PM
 #445

i think at this moment bitcoin has become the 1st international currency in online world. because i found the merchand growing everyday, and now it's very easy to spend our bitcoin

I actually think like that too. I dont know why people are trying to say that it is not global or it just depends on how they see what global is. It is globally available online. Online means internet and you can get it everywhere now.
It is global, what OP's trying to say is that "is bitcoin being used in big scale like our international currency USD". And I think it's not eventhough it is globally used the people who's using it worldwide is only 2-3million that's not even 1% of our total population.
hyudien (OP)
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July 16, 2016, 06:32:24 PM
 #446

Bitcoin is already an international currency, it's used easily worldwide and nobody could ban it, it's even used a lot better than fiat sometimes.
I know if no one is able to stop bitcoin , but many are still many places that do not support the bitcoin . May be not only not support but did not accept bitcoin whose prices fluctuate because of fear of loss that would be obtained.
If you are living in a remote area then that is given that bitcoins will be useless, you an internet to operate the transactions and I can say the bitcoins have already gone to far in terms of success because even in our country many are already aware and using bitcoins.
In less developed countries they have already been using bitcoins although some establishments has not offered to accept bitcoins, the internet unites us in using bitcoins since it is internet money.
bitcoin is currently in the online media only as an investment. bitcoin is not fully free to be used as payment transactions, because everyone is not using bitcoin, and still rarely shops or the like which accept bitcoin. yes if we estimate possible use of bitcoin only a few percent of the entire population in the world. but in the future is likely Bitcoin to be an international currency.
Yup! as we are here on board now we should think of the future and we should do investment in the moment.

For me, doing investment will make us stay in the bitcoin world in a healthy way as along the way we can learn the basics and latest updates that would give us the confidence to invest more.
So if liket that, how many everyone will have it?
If Max bitcoin will only 21 M. And there is just 15% off people in the world.

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takingthis4
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July 16, 2016, 06:44:02 PM
 #447

i think at this moment bitcoin has become the 1st international currency in online world. because i found the merchand growing everyday, and now it's very easy to spend our bitcoin

I actually think like that too. I dont know why people are trying to say that it is not global or it just depends on how they see what global is. It is globally available online. Online means internet and you can get it everywhere now.
well bitcoin is actually kind of a global currency i guess though i think that it will not be used as official currencies of the world ever because governments dont like it right now

 
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July 16, 2016, 10:15:20 PM
 #448

It will not happen for sure till bitcoin is not accepted by big country, when bitcoin will become legal currency somewhere i think it's can be possible.

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July 16, 2016, 10:42:40 PM
 #449

It will not happen for sure till bitcoin is not accepted by big country, when bitcoin will become legal currency somewhere i think it's can be possible.
bitcoin is already an international currency because a lot of people use it to transfer money from one countries to another, i think in your idea bitcoin would be an official currency

 
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July 16, 2016, 11:17:31 PM
 #450

It will not happen for sure till bitcoin is not accepted by big country, when bitcoin will become legal currency somewhere i think it's can be possible.
yeah probably need a large company that does the adoption of bitcoin so that the government can trust to the bitcoin.
This time the problem is confidence in the bitcoin? is it bitcoin safe or not? it is still a major problem for mass adoption
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July 16, 2016, 11:54:24 PM
 #451

bitcoin is definitely going to be an international currency, in my opinion the price of bitcoin is going to grow a lot and the bitcoin will spread among the other countries hopefully

 
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July 17, 2016, 06:23:26 AM
 #452

You shouldn’t use ‘if’ as it’s already global currency, anyone from the world can use it at the moment. Now coming to your topic, I think it would be great to use it everywhere without converting it in to fiat currencies. Right now bitcoin is in evolution stage and we all know the price has a long way to go and I strongly believe that bitcoin is undervalued right now (whatever the reasons are) and we might see the right prices since beginning 2018. I would love to pay taxes in bitcoin (in fact I have already paid one kind of tax in my country with bitcoin).
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July 17, 2016, 08:56:23 AM
 #453

bitcoin is definitely going to be an international currency, in my opinion the price of bitcoin is going to grow a lot and the bitcoin will spread among the other countries hopefully
That trend is telling us that it would happen, and this year alone we are increase almost 100% if my estimate was right, that is a huge increase considering the span of time, in the future that could happen so we should not lose our hope to that.

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July 17, 2016, 02:35:04 PM
 #454

It will not happen for sure till bitcoin is not accepted by big country, when bitcoin will become legal currency somewhere i think it's can be possible.
bitcoin is already an international currency because a lot of people use it to transfer money from one countries to another, i think in your idea bitcoin would be an official currency
Agree.
There's a big difference between international currency and official currency, bitcoin is international currency yet there are countries that don't recognize bitcoin as one of the official currency to be used.
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July 20, 2016, 04:20:59 AM
 #455

i think at this moment bitcoin has become the 1st international currency in online world. because i found the merchand growing everyday, and now it's very easy to spend our bitcoin

I actually think like that too. I dont know why people are trying to say that it is not global or it just depends on how they see what global is. It is globally available online. Online means internet and you can get it everywhere now.
It is global, what OP's trying to say is that "is bitcoin being used in big scale like our international currency USD". And I think it's not eventhough it is globally used the people who's using it worldwide is only 2-3million that's not even 1% of our total population.
No, you should see bitcoin is already global currency in online world. If you are saying bitcoin is not use like USD. So it is clear, because USD is a fiat currency, and instead of bitcion, bitcoin is a online cryptocurrency. Both are different currency. but the demand is equal. We can see bitcoin's demand is increasing because we all using the bitcoins in different ways like investment or trading.
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July 20, 2016, 04:27:00 AM
 #456

i think at this moment bitcoin has become the 1st international currency in online world. because i found the merchand growing everyday, and now it's very easy to spend our bitcoin

I actually think like that too. I dont know why people are trying to say that it is not global or it just depends on how they see what global is. It is globally available online. Online means internet and you can get it everywhere now.
It is global, what OP's trying to say is that "is bitcoin being used in big scale like our international currency USD". And I think it's not eventhough it is globally used the people who's using it worldwide is only 2-3million that's not even 1% of our total population.
No, you should see bitcoin is already global currency in online world. If you are saying bitcoin is not use like USD. So it is clear, because USD is a fiat currency, and instead of bitcion, bitcoin is a online cryptocurrency. Both are different currency. but the demand is equal. We can see bitcoin's demand is increasing because we all using the bitcoins in different ways like investment or trading.
Actually the demand is not equal because dollars has a huge demand and the government can always produce more bills when there is a shortage but bitcoin is really different as for the time being it is more like an investment than a currency.

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July 20, 2016, 04:36:16 AM
 #457

Bitcoin as a international currency because everybody who can make use of the internet can also make use of Bitcoin. So if you look at it that way it is a international currency. If you look it at it from the perspective that the majority does not use it then it is not considered a internationl currency.
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July 20, 2016, 09:13:20 AM
 #458

You can see Bitcoin as a international currency because of the fact that everyone in the world id able to make use of it.
Not everyone makes use of it and that is why I think that it is not a real international currency.
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July 20, 2016, 01:06:11 PM
 #459

Bitcoin as a international currency because everybody who can make use of the internet can also make use of Bitcoin. So if you look at it that way it is a international currency. If you look it at it from the perspective that the majority does not use it then it is not considered a internationl currency.

You don't even need the internet. You can have off-chain transactions.
You can even have physical bitcoins.

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July 20, 2016, 01:12:30 PM
 #460

This will be a huge thing. Because if this will be implemented all over the world, then this will be good. Because even though we are now using credit cards, this will be also used to buy things and also to transact. You can also travel without any cards or things or money in your pocket, just go with the Bitcoin ATM's and log in your account. But the problem is, if ever they will know your account, that will be dangerous because they can withdraw all of your balance even the smallest earnings you have.
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