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Author Topic: Bitcoin to be international currency  (Read 94977 times)
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July 21, 2016, 03:21:50 AM
 #461

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

If its completely off the blockchain then its no longer bitcoin, its something else.     Having ATM access to a bitcoin account should be only a partial link or it seem like you have lost the security element otherwise and of course bitcoin doesnt reverse like a bad credit card transaction can

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July 21, 2016, 05:03:54 AM
 #462

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

If its completely off the blockchain then its no longer bitcoin, its something else.     Having ATM access to a bitcoin account should be only a partial link or it seem like you have lost the security element otherwise and of course bitcoin doesnt reverse like a bad credit card transaction can
It is still good transact online because that is the best futures of bitcoin and the good thing is all the users are united with one coin which is decentralized and can never be manipulated to lose our assets. People who have adopted in bitcoin are already enjoying treating bitcoin as current and at the same time as investment.

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July 21, 2016, 01:22:42 PM
 #463

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.
but bitcoin has a limit , while the entire world has an infinite , so there will be some problems for the bitcoin ownership .

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July 23, 2016, 01:22:53 PM
 #464

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?
Yep it's already international currency use in many country, but if you want to use it in an ordinary store,market or for your daily needs  you need to change it to Fiat .if you  don't want to change it to Fiat buy it on online stores bitcoin accepted as payment.

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July 23, 2016, 02:02:46 PM
 #465

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?
Yep it's already international currency use in many country, but if you want to use it in an ordinary store,market or for your daily needs  you need to change it to Fiat .if you  don't want to change it to Fiat buy it on online stores bitcoin accepted as payment.

You cannot buy everything from online stores and buying online is good for those who are living in USA as goods will delivered to them free and fast, but same doesn't goes with other countries.
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July 23, 2016, 02:16:24 PM
 #466

It already is, but did not become mainstream yet.
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July 23, 2016, 02:23:10 PM
 #467

It already is, but did not become mainstream yet.

I don't think it will ever hit the mainstream in future and the reason is not  every one will prefer to use bitcoin and Government will never give it a green signal to replace their national currency.
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July 23, 2016, 03:02:36 PM
 #468

It already is, but did not become mainstream yet.

I don't think it will ever hit the mainstream in future and the reason is not  every one will prefer to use bitcoin and Government will never give it a green signal to replace their national currency.

That's true, but at the same time there are countries which were planning to make their own digital currency. As mentioned in the above quote mainstream usage is highly impossible because there are lot currencies that were with great history and backing compared to bitcoin. Also physical form is an major factor, if bitcoin gets physical form increased use and acceptance can be experienced.

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July 23, 2016, 03:04:51 PM
 #469

It already is, but did not become mainstream yet.

I don't think it will ever hit the mainstream in future and the reason is not  every one will prefer to use bitcoin and Government will never give it a green signal to replace their national currency.

That's true, but at the same time there are countries which were planning to make their own digital currency. As mentioned in the above quote mainstream usage is highly impossible because there are lot currencies that were with great history and backing compared to bitcoin. Also physical form is an major factor, if bitcoin gets physical form increased use and acceptance can be experienced.

I hope that governmet planed digital currencies are just not accepted by the people.
They will surely have some kind of backdoor and tracking possibilities in them.
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July 23, 2016, 03:55:10 PM
 #470

It already is, but did not become mainstream yet.

I don't think it will ever hit the mainstream in future and the reason is not  every one will prefer to use bitcoin and Government will never give it a green signal to replace their national currency.

That's true, but at the same time there are countries which were planning to make their own digital currency. As mentioned in the above quote mainstream usage is highly impossible because there are lot currencies that were with great history and backing compared to bitcoin. Also physical form is an major factor, if bitcoin gets physical form increased use and acceptance can be experienced.

I hope that governmet planed digital currencies are just not accepted by the people.
They will surely have some kind of backdoor and tracking possibilities in them.
Bitcoin has had a difficult road as it endeavors to become a replacement digital currency. The mainstream propaganda has been mostly quiet about this crypto-currency. They are still dependent on the stock market for value, yet the volatility of this fact adds to the risk factor and inspires investors.
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July 23, 2016, 11:55:35 PM
 #471

Bitcoin has had a difficult road as it endeavors to become a replacement digital currency. The mainstream propaganda has been mostly quiet about this crypto-currency.

Remember silk road? it is one of the biggest reason on why there isnt any cryptocurrency propaganda right now. Also there isnt any use of promoting cryptocurrency if there isnt any real world usage, it is like promoting thin air which obviously cant be of any use therefore the words " international currency " is nothing more than fairy tale right now
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July 24, 2016, 05:45:08 AM
 #472

Bitcoin has had a difficult road as it endeavors to become a replacement digital currency. The mainstream propaganda has been mostly quiet about this crypto-currency.

Remember silk road? it is one of the biggest reason on why there isnt any cryptocurrency propaganda right now. Also there isnt any use of promoting cryptocurrency if there isnt any real world usage, it is like promoting thin air which obviously cant be of any use therefore the words " international currency " is nothing more than fairy tale right now

Yeah! I don't believe it is a fairy tale, it is an international currency as majority of the world have adopted bitcoin. We don't need the government to regulate it and we don't need them at all as the the real purpose of bitcoin is to unite country using a decentralized platform.

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July 24, 2016, 08:33:19 AM
 #473

Bitcoin has had a difficult road as it endeavors to become a replacement digital currency. The mainstream propaganda has been mostly quiet about this crypto-currency.

Remember silk road? it is one of the biggest reason on why there isnt any cryptocurrency propaganda right now. Also there isnt any use of promoting cryptocurrency if there isnt any real world usage, it is like promoting thin air which obviously cant be of any use therefore the words " international currency " is nothing more than fairy tale right now

It needs to have a dramatic story to even be promoted into the mass media. Something maybe from a dirt-poor person to a billion-dollar rich person because of bitcoin. Maybe, just maybe, it would get their attention.

But bitcoin will work on it's own. I believe all countries have already gained the attention of bitcoins and some are already planning of how to officially legalize them, plus the adoption and integration stuff.
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July 24, 2016, 12:23:37 PM
 #474

Bitcoin has had a difficult road as it endeavors to become a replacement digital currency. The mainstream propaganda has been mostly quiet about this crypto-currency.

Remember silk road? it is one of the biggest reason on why there isnt any cryptocurrency propaganda right now. Also there isnt any use of promoting cryptocurrency if there isnt any real world usage, it is like promoting thin air which obviously cant be of any use therefore the words " international currency " is nothing more than fairy tale right now

It needs to have a dramatic story to even be promoted into the mass media. Something maybe from a dirt-poor person to a billion-dollar rich person because of bitcoin. Maybe, just maybe, it would get their attention.

But bitcoin will work on it's own. I believe all countries have already gained the attention of bitcoins and some are already planning of how to officially legalize them, plus the adoption and integration stuff.
Bitcoin is not good if you will market it as investment, because if people will be attracted and will eventually adopt with bitcoins and in their mind it is an investment so we cannot see anymore the increasing volume of circulation in the market. It should be promoted as the best currency.

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July 24, 2016, 12:35:08 PM
 #475

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 is already international currency even if not every country accepts it, but i am sure that in few years other countries will accept bitcoins too

 
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July 24, 2016, 12:41:50 PM
 #476

it is already international currency even if not every country accepts it, but i am sure that in few years other countries will accept bitcoins too

The word " International currency " means that it is something that the worldwide will use and accept , therefore it is not an international currency yet because the majority of the world isnt accepting it right now . Even if it did accept it, you cant buy literally anything with it so its rather inconvenient
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July 24, 2016, 12:50:40 PM
 #477

it is already international currency even if not every country accepts it, but i am sure that in few years other countries will accept bitcoins too

The word " International currency " means that it is something that the worldwide will use and accept , therefore it is not an international currency yet because the majority of the world isnt accepting it right now . Even if it did accept it, you cant buy literally anything with it so its rather inconvenient
I think so.
If bitcoin become an international currency , it will take a long time and requires a lot of corrections in the system. Since there are many flaws in it , an example of how much the owner bitcoin every human in the world? Huh

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July 24, 2016, 01:33:34 PM
 #478

it is already international currency even if not every country accepts it, but i am sure that in few years other countries will accept bitcoins too

The word " International currency " means that it is something that the worldwide will use and accept , therefore it is not an international currency yet because the majority of the world isnt accepting it right now . Even if it did accept it, you cant buy literally anything with it so its rather inconvenient
I think so.
If bitcoin become an international currency , it will take a long time and requires a lot of corrections in the system. Since there are many flaws in it , an example of how much the owner bitcoin every human in the world? Huh

Bitcoin in a way is already a international currency and used by many of us.
The bigger exchanges already use bitcoin for trading, which means they believe that bitcoin belongs to the big boys in the currency market.
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July 24, 2016, 02:15:42 PM
 #479

I think it would require several decades in order to become an international currency bitcoin , because we see not many people are familiar with bitcoin .
maybe a few decades there will be a change in the currency system if bitcoin is widely known throughout the world .
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July 24, 2016, 04:36:52 PM
 #480

yes there is no doubt about this bitcoin is really going to be an international currency. different countries are now thinking about it to regularize it and turn it legalize. i think after no one can stop bitcoin from becoming an international currency.
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