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Author Topic: Bitcoin to be international currency  (Read 94921 times)
Fatanut
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September 09, 2016, 04:32:58 PM
 #541

Bitcoin is already an international currency. Wherever you are, you can always use your Bitcoin to transact with someone online. When visiting other countries and you want to get a local currency, you can look up online what online wallet supports a withdrawal in that currency. For example, in my country which is the Philippines, we have coins.ph which allows you to withdraw your Bitcoins into peso. I bet there are other countries that has website like ours.

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September 10, 2016, 02:46:01 AM
 #542

Bitcoin is already an international currency. Wherever you are, you can always use your Bitcoin to transact with someone online. When visiting other countries and you want to get a local currency, you can look up online what online wallet supports a withdrawal in that currency. For example, in my country which is the Philippines, we have coins.ph which allows you to withdraw your Bitcoins into peso. I bet there are other countries that has website like ours.
Have to appreciate the local exchange for giving us the opportunity to easily cash out our bitcoins, despite of that I do not see more merchants in our country that accepts bitcoin and though it is easy to cash out it is good to see some businesses that are accepting bitcoins in our country to promote bitcoin and to give awareness to the people.
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September 10, 2016, 03:24:10 AM
 #543

Bitcoin is already an international currency. Wherever you are, you can always use your Bitcoin to transact with someone online. When visiting other countries and you want to get a local currency, you can look up online what online wallet supports a withdrawal in that currency. For example, in my country which is the Philippines, we have coins.ph which allows you to withdraw your Bitcoins into peso. I bet there are other countries that has website like ours.
Have to appreciate the local exchange for giving us the opportunity to easily cash out our bitcoins, despite of that I do not see more merchants in our country that accepts bitcoin and though it is easy to cash out it is good to see some businesses that are accepting bitcoins in our country to promote bitcoin and to give awareness to the people.

It is the risks that makes them doubtful. Merchants always think about profit first. Questions like: How much will I gain if I accept this? Is it possible that I can lose everything once I accept bitcoin as a mean of payment?.
Yes we are lucky that some gambled that risk for our convenience. We know there is not much profit for transaction fees that are too low.

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September 10, 2016, 09:46:48 AM
 #544

Bitcoin is already an international currency. Wherever you are, you can always use your Bitcoin to transact with someone online. When visiting other countries and you want to get a local currency, you can look up online what online wallet supports a withdrawal in that currency. For example, in my country which is the Philippines, we have coins.ph which allows you to withdraw your Bitcoins into peso. I bet there are other countries that has website like ours.
I don't think so if bitcoin is already becoming an international currency, but the good news for using bitcoin if you stand in the foreign, caused by bitcoin you can withdrawal your bitcoin into the various local currency you need at any time. maybe we have a different perception about that but i think bitcoin just like a mix from a various type of currency.

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September 10, 2016, 01:48:51 PM
 #545

Bitcoin is already an international currency. Wherever you are, you can always use your Bitcoin to transact with someone online. When visiting other countries and you want to get a local currency, you can look up online what online wallet supports a withdrawal in that currency. For example, in my country which is the Philippines, we have coins.ph which allows you to withdraw your Bitcoins into peso. I bet there are other countries that has website like ours.
I don't think so if bitcoin is already becoming an international currency, but the good news for using bitcoin if you stand in the foreign, caused by bitcoin you can withdrawal your bitcoin into the various local currency you need at any time. maybe we have a different perception about that but i think bitcoin just like a mix from a various type of currency.
I do think so.  Bitcoin is already an international currency, a simple reason is that you can purchase/exchange it in different country.  Lots of people around the world are already using it and transacting with it.  It is that it is not officially declared as internationla currency, but well who needs the official declaration when you can already use it internationally.

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September 10, 2016, 03:14:06 PM
 #546

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 that bitcoin already become an international currency for all users cryptocurrency. The only limitations are not popular and has left an imprint on the bitcoin is not complete on demand. Of course this takes time. But popularity comes with rate stability.
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September 10, 2016, 03:16:29 PM
 #547

Bitcoin can be the first international currency in countries like Denmark, or Norway. I heard they are planning to ban FIAT money soon. Bitcoin can be the solution for that problem. Still i wouldn't live in a country without FIAT. That sucks.

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September 14, 2016, 08:35:55 AM
 #548

Bitcoin can be the first international currency in countries like Denmark, or Norway. I heard they are planning to ban FIAT money soon. Bitcoin can be the solution for that problem. Still i wouldn't live in a country without FIAT. That sucks.

I think it is not a ban of fiat money. They encourage the use of the digital fiat or online transaction. They do not use cash.
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September 15, 2016, 06:18:37 PM
 #549

Bitkoints actually already partially fulfills the role of an international currency. In the future, I think it will evolve. It will be very convenient and beneficial for citizens. Another thing is that it is unlikely to please the government.
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September 15, 2016, 06:23:38 PM
 #550

Bitcoin can be the first international currency in countries like Denmark, or Norway. I heard they are planning to ban FIAT money soon. Bitcoin can be the solution for that problem. Still i wouldn't live in a country without FIAT. That sucks.

I think it is not a ban of fiat money. They encourage the use of the digital fiat or online transaction. They do not use cash.
I think its wordwide bitcoin almost all country are  safe. maybe other people are saying its not profitable and you can be lose here easily . like here that bitcoin is in their protection..

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September 15, 2016, 10:07:46 PM
 #551

Bitcoin is already an international currency. Wherever you are, you can always use your Bitcoin to transact with someone online. When visiting other countries and you want to get a local currency, you can look up online what online wallet supports a withdrawal in that currency. For example, in my country which is the Philippines, we have coins.ph which allows you to withdraw your Bitcoins into peso. I bet there are other countries that has website like ours.

You are right, bitcoin is easily used internationally so there is no way that we say that bitcoin is still not an international currency, we all are from different parts of the world and are working at here like we are in one ho,e and we send money in bitcoin to any country of the world without any restriction, so it is called as an international currency.
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September 15, 2016, 10:17:16 PM
 #552

Bitcoin can be the first international currency in countries like Denmark, or Norway. I heard they are planning to ban FIAT money soon. Bitcoin can be the solution for that problem. Still i wouldn't live in a country without FIAT. That sucks.
Yea currently Bitcoin doing very good for become more good for every person and its could be soon we will watch bitcoin is very flexible for every person and doing leader role to be an international currency
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September 15, 2016, 11:04:24 PM
 #553

Bitcoin can be the first international currency in countries like Denmark, or Norway. I heard they are planning to ban FIAT money soon. Bitcoin can be the solution for that problem. Still i wouldn't live in a country without FIAT. That sucks.
Yea currently Bitcoin doing very good for become more good for every person and its could be soon we will watch bitcoin is very flexible for every person and doing leader role to be an international currency
I hope to see that happen but it is going to be a long process because we can see bitcoin will be popular in a certain countries, legislators still needs to work on the laws on how to properly use bitcoin that they can impose tax on every transaction subject to tax.
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September 15, 2016, 11:55:00 PM
 #554

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 will change the whole world if the bitcoin to be the international currency because if the paper money will never be use again to represent the symbol of our country we using paper wallet off course for to know where country we are , And i think this is not possible to happen for those selected stores only! not all and i will be happy to use it, thus we can ignore paper wallet for a while to enjoy shoping lfmao. If this brings joy for me then i vote to bitcoin to become international currency.

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jerowacik
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September 15, 2016, 11:57:07 PM
 #555

bitcoin is currently being developed for the better again. use bitcoin is more and more and also merchants who accept bitcoin payment media are appearing. I believe probably within the next decade bitcoin digital currency can be accepted internationally.
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September 16, 2016, 05:43:45 AM
 #556

bitcoin is currently being developed for the better again. use bitcoin is more and more and also merchants who accept bitcoin payment media are appearing. I believe probably within the next decade bitcoin digital currency can be accepted internationally.
It is already accepted internationally but it is not that popular because of the legality issue, but somehow that is already a great improvement and we know in the future it will be popular.

R


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September 16, 2016, 05:49:05 AM
 #557


Bitcoin become an international currency I think is very is impossible. If it becomes an international currency took a lot of changes. Bitcoin does not fit into an international currency because the price is not stable and it will make the economy also becomes unstable.
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September 16, 2016, 06:28:45 AM
 #558

International currency must be accepted everywhere. Bitcoin is nowhere near that. In scores of countries people have never yet heard of it let alone have access to proper internet which is the backbone of transactions to occur. Acceptance is important along with easy exchange with fiats all over the world. Then only it can become an international currency in the true sense.

R


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September 16, 2016, 06:38:13 AM
 #559

International currency must be accepted everywhere. Bitcoin is nowhere near that. In scores of countries people have never yet heard of it let alone have access to proper internet which is the backbone of transactions to occur. Acceptance is important along with easy exchange with fiats all over the world. Then only it can become an international currency in the true sense.

True. There are still rural places that cannot be reached by technology. Some governments leave it that way and dont want to intervene so that nature wont be destroyed. It is going to be a hard fight before bitcoin will be accepted or be known as a currency for everyone.

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September 16, 2016, 07:12:45 AM
 #560

International currency must be accepted everywhere. Bitcoin is nowhere near that. In scores of countries people have never yet heard of it let alone have access to proper internet which is the backbone of transactions to occur. Acceptance is important along with easy exchange with fiats all over the world. Then only it can become an international currency in the true sense.

True. There are still rural places that cannot be reached by technology. Some governments leave it that way and dont want to intervene so that nature wont be destroyed. It is going to be a hard fight before bitcoin will be accepted or be known as a currency for everyone.
But, after seeing mobile phones even into the hands of tribal, I hesitate to agree with you.
I believe governments will be able to provide internet access to most reserved places also similar to electricity. All the above this kind of places and people counts less than five percent world wide, we can leave off them for the statistics of moving bitcoins to be introduced to every part of this world.

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