salmanahmedone
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May 23, 2016, 08:11:40 AM |
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It is already an international currency. People are using it instead of boring bank transfers to get their money across the globe.
Bitcoin is designed to be an international currency and it has all the criteria to be an international currency. I can't see why it won't be.
Yes, it is, but only some people know bitcoin and use bitcoin. So it's become useless if bitcoin become an international currency but only some people use bitcoin,. Actually it had already become an international currency within the bitcoin community, with bitcoin, it unite different countries to use it. Even though there are only few users of bitcoin now but it has a good signal that it will increase in the future. As long as bitcoin perform to be worthy it will gain the trust of the majority in the future. Yes, bitcoin is an international currency, if we see mostly online currencies are here, but people refer to use the bitcoin always, and in future the number of people will be increased and that all make bitcoin more popular. Mostly it is useful for big investors in future, because it is easy and fast currency and the way of earning it is also easy everyone can earn it easily.
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Icathia
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May 23, 2016, 08:27:41 AM |
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You can see 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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BeGoods
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May 23, 2016, 01:40:33 PM |
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I like it to happen, so we can have an honest and transparent transactions especially on the government side. As taxpayers sometimes we are got given the public information to keep track on how our taxes are being spent by the government.
I think bitcoin still could be misused. although the transaction transaparent but who also know there is a person on the government to use a different address for corruption from the state budget? because people will not know who the owner of the bitcoin address
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hyudien (OP)
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May 23, 2016, 01:48:26 PM |
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I like it to happen, so we can have an honest and transparent transactions especially on the government side. As taxpayers sometimes we are got given the public information to keep track on how our taxes are being spent by the government.
I think bitcoin still could be misused. although the transaction transaparent but who also know there is a person on the government to use a different address for corruption from the state budget? because people will not know who the owner of the bitcoin address nobody know it, i think if corruption nothing there is no cyber chrime. And other problem will come with 1 by 1. Cause no something perfect in the world
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Zooplus
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May 24, 2016, 01:52:28 AM |
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I like it to happen, so we can have an honest and transparent transactions especially on the government side. As taxpayers sometimes we are got given the public information to keep track on how our taxes are being spent by the government.
I think bitcoin still could be misused. although the transaction transaparent but who also know there is a person on the government to use a different address for corruption from the state budget? because people will not know who the owner of the bitcoin address Regardless but with the blockchain, we can see in the public ledger the data that is coming in and out. Through that we can analyze the data and make a recommendation to stick our government to be transparent.
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ravens
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May 24, 2016, 03:44:45 AM |
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If bitcoin is to be international currency, I think that this will help turn Bitcoin mainstream significantly. After all, as more and more people use it, people will see that it's not a scam and join in.
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sk00t3r
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May 24, 2016, 03:57:16 AM |
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It is already a international currency as majority of people across the globe are using it, the only thing we need is that it should hit the mainstream to get more popular in future.
yeah I agree bitcoin is already international currency because you need some goods , food any thing, you can get with bitcoin now wherever you go in shopping center and mall and big market in world all is accept a bitcoin.
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bittraffic
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May 24, 2016, 04:30:36 AM |
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if its going to be use casually by offline people everywhere in earth, the price would soar high though and blockchain may just clog due to the transactions too long to be confirmed.
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Enotche
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May 24, 2016, 06:48:42 AM |
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Bitcoin is already "international currency". I mean that it can be used everywhere and by all. But with regards to the use, right now it is not. There are countries where the issue of legalization and spread of Bitcoins is open to question. Policies are needed for disseminating information and understanding in this area between the two countries.
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jak3
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May 24, 2016, 07:06:15 AM |
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I completely agree with this topic . we can use bitcoin for anything till the dealer accepts bitcoin as a payment option even niw I too like and love too accept bitcoins for any possible but ofcourse when I needed. but I have seen till now only some shops do accept them and in ky country hardly I can find any shop accepts it
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Hirose UK
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May 24, 2016, 10:55:13 AM |
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It is already kind of an international currency, a couple of countries have acknowledged it as such. For it to be a true officially accepted currently I don't think we will see that anytime soon as the governments have no control of it as they do currently with their fiat.
agree. if we want to buy stuff from another country, we can pay with bitcoin (as long as the shop accepts bitcoin). so that makes bitcoin international currency.
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Marbit
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May 24, 2016, 02:01:18 PM |
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It is already a international currency as majority of people across the globe are using it, the only thing we need is that it should hit the mainstream to get more popular in future.
Yeah ,it is already one kind of digital and international currency, Lots of people know about bitcoins. It is more popular then any other currency if we check it out it is not from the hundred of years Just from few years and using almost world wide.
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asidamani
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May 26, 2016, 07:19:03 PM |
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To me, it is already an international currency. I have used to pay the phone bills for my relatives in another country.
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Zooplus
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May 27, 2016, 12:57:34 AM |
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To me, it is already an international currency. I have used to pay the phone bills for my relatives in another country.
I agree, bitcoins has many uses nowadays because many merchant have already adopted using it, we can use it in booking our vacation, pay bills, pay for food order, and most especially to gamble in an online casino.
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jak1
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May 27, 2016, 02:47:44 AM |
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If bitcoin is to be international currency, I think that this will help turn Bitcoin mainstream significantly. After all, as more and more people use it, people will see that it's not a scam and join in.
Bitcoin is already a international and world wide currency and useful for everyone who have access to the internet.. I don't think so bitcoin will become a psychical currency like fiat. because bitcoin is totally designed as a digital currency. and governments can't control and handle bitcoin..
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avikz
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May 27, 2016, 04:09:46 AM |
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Bitcoin is indeed an international currency by its nature. You can send funds anywhere without the permission of a regulator. That's amazing. Really!
But that didn't decrease the fiat's usage or its popularity and probably bitcoin will never be able to do that.
Take bitcoin as an investment and the return will be huge in future.
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MingLee
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May 27, 2016, 04:25:23 AM |
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Bitcoin is indeed an international currency by its nature. You can send funds anywhere without the permission of a regulator. That's amazing. Really!
But that didn't decrease the fiat's usage or its popularity and probably bitcoin will never be able to do that.
Take bitcoin as an investment and the return will be huge in future.
This is probably one of the best ways to approach Bitcoin, view it primarily as an investment and less as the end-of-fiat currency, and you'll probably be fairly well off in the future when it comes down to the return on your investment. We might see Bitcoin take off as a currency in the future and see more and more people interested in it as the world changes and we move off to more things, but for now you should probably treat it as a long term investment that can buy things directly if required.
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DavidoAlto
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May 27, 2016, 02:58:31 PM |
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It is already an international currency. People are using it instead of boring bank transfers to get their money across the globe.
Bitcoin is designed to be an international currency and it has all the criteria to be an international currency. I can't see why it won't be.
Yes, it is, but only some people know bitcoin and use bitcoin. So it's become useless if bitcoin become an international currency but only some people use bitcoin,. Actually it had already become an international currency within the bitcoin community, with bitcoin, it unite different countries to use it. Even though there are only few users of bitcoin now but it has a good signal that it will increase in the future. As long as bitcoin perform to be worthy it will gain the trust of the majority in the future. Yes, bitcoin is an international currency, if we see mostly online currencies are here, but people refer to use the bitcoin always, and in future the number of people will be increased and that all make bitcoin more popular. Mostly it is useful for big investors in future, because it is easy and fast currency and the way of earning it is also easy everyone can earn it easily. Bitcoin is already used all over the world and that is so nice to see Bitcoin growing because we all hope of course that Bitcoin will be the future payment method. But it is not now that many people that is using Bitcoin so that have to change and promote it more and that can be perfect.
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Zooplus
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Activity: 1106
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May 28, 2016, 02:23:52 AM |
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It is already an international currency. People are using it instead of boring bank transfers to get their money across the globe.
Bitcoin is designed to be an international currency and it has all the criteria to be an international currency. I can't see why it won't be.
Yes, it is, but only some people know bitcoin and use bitcoin. So it's become useless if bitcoin become an international currency but only some people use bitcoin,. Actually it had already become an international currency within the bitcoin community, with bitcoin, it unite different countries to use it. Even though there are only few users of bitcoin now but it has a good signal that it will increase in the future. As long as bitcoin perform to be worthy it will gain the trust of the majority in the future. Yes, bitcoin is an international currency, if we see mostly online currencies are here, but people refer to use the bitcoin always, and in future the number of people will be increased and that all make bitcoin more popular. Mostly it is useful for big investors in future, because it is easy and fast currency and the way of earning it is also easy everyone can earn it easily. Bitcoin is already used all over the world and that is so nice to see Bitcoin growing because we all hope of course that Bitcoin will be the future payment method. But it is not now that many people that is using Bitcoin so that have to change and promote it more and that can be perfect. I agree, bitcoins will be more popular in the coming years as we already have educated the world about bitcoins, everyday there are some adoption that is happening and its good for the future. This will be use as an international currency.
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zimmah
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May 28, 2016, 02:44:05 AM |
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it's slowly becoming more used worldwide
once it reaches a critical level, the growth will go really rapidly, because information spreads at an exponential rate.
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