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Author Topic: Bitcoin to be international currency  (Read 94977 times)
michnelli6
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October 02, 2016, 08:10:56 PM
 #601

Maybe unlikely that bitcoin will become an international currency because no goods or food counter bitcoin itself need to be converted for costly . And only few online store that accepts bitcoin therefore be difficult international currency because it is not yet known whether the large business.
I think you do not have much knowledge about bitcoin as nowadays everything is easily available with bitcoin and no one is going to restrict from its use and if you want it to be used in your local market then you can get a bitcoin debit card and can use it at there.
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October 02, 2016, 08:31:46 PM
 #602

The biggest things standing in the way of bitcoin becoming a reserve currency is price stability, store of value, and the ability to scale the number of transactions the network can handle, because it is currently a huge impediment to growth.

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October 02, 2016, 08:54:06 PM
 #603

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 would say that would be a good development in the right direction but I dont see that happening very soon as its going to face a lot of opposition and regulation thereby threatening the fundamental factor in Bitcoin which is the anonymity factor coupled with the egos of country who might interpret as encroachment on their sovereignty   if they will have to submit and accept another currency as a legal tender as against their own currency especially these world powers...
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October 02, 2016, 09:42:12 PM
 #604

Bitcoin have the potential to become international currency , and indeed it's used nowadays worldwide and available for everyone regardless his country. But it still need support to make it more popular and used then USD.
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October 02, 2016, 10:01:05 PM
 #605

I think Bitcoin is already international currency, as it's used worldwide and available for everyone worldwide. But we have to support more this crypto currency to become more popular.
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October 03, 2016, 12:09:15 AM
 #606

Maybe unlikely that bitcoin will become an international currency because no goods or food counter bitcoin itself need to be converted for costly . And only few online store that accepts bitcoin therefore be difficult international currency because it is not yet known whether the large business.
I think you do not have much knowledge about bitcoin as nowadays everything is easily available with bitcoin and no one is going to restrict from its use and if you want it to be used in your local market then you can get a bitcoin debit card and can use it at there.

I agree with you and bitcoin debit card is a better option to be able to spend our bitcoin on every place . with bitcoin debit card we will be able to purchase with in our local market and even we can buy on amazon, ebay and godaddy etc.
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October 03, 2016, 12:39:01 AM
 #607

Maybe unlikely that bitcoin will become an international currency because no goods or food counter bitcoin itself need to be converted for costly . And only few online store that accepts bitcoin therefore be difficult international currency because it is not yet known whether the large business.
I think you do not have much knowledge about bitcoin as nowadays everything is easily available with bitcoin and no one is going to restrict from its use and if you want it to be used in your local market then you can get a bitcoin debit card and can use it at there.
well it is easily possible to restrict it by the governments in my opinion, if they ban it people will not use it




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MTBTT
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October 03, 2016, 01:36:10 AM
 #608

i am sure that bitcoin can be international currency in the near future because more people are getting awareness about bitcoin bitcoin and more people adopting bitcoin in huge amount and bitcoin is very useful and nowadays bitcoin is acceptable in everywhere in maximum countries.

I think that is it bitcoin as an international currency should need recognition from other countries on the legitimacy of the currency bitcoin?
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October 03, 2016, 09:29:55 AM
 #609

i am sure that bitcoin can be international currency in the near future because more people are getting awareness about bitcoin bitcoin and more people adopting bitcoin in huge amount and bitcoin is very useful and nowadays bitcoin is acceptable in everywhere in maximum countries.

I think that is it bitcoin as an international currency should need recognition from other countries on the legitimacy of the currency bitcoin?
Bitcoin was never a legitimate currency because it has not been regulated yet and the chance to be regulated is also low, we just have to consider this as an online currency which is the tool for online transaction and we also considered it as investment.

This is already an international currency but only for those who adopted it.
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October 03, 2016, 10:58:15 AM
 #610

i am sure that bitcoin can be international currency in the near future because more people are getting awareness about bitcoin bitcoin and more people adopting bitcoin in huge amount and bitcoin is very useful and nowadays bitcoin is acceptable in everywhere in maximum countries.

I think that is it bitcoin as an international currency should need recognition from other countries on the legitimacy of the currency bitcoin?
Maybe it posible that bitcoin is international
currency. In our country local bitcoin wallet is
directly pay your bill and agency accepting bitcoin
for ticket going abroad.
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October 03, 2016, 11:38:55 AM
 #611

i am sure that bitcoin can be international currency in the near future because more people are getting awareness about bitcoin bitcoin and more people adopting bitcoin in huge amount and bitcoin is very useful and nowadays bitcoin is acceptable in everywhere in maximum countries.

I think that is it bitcoin as an international currency should need recognition from other countries on the legitimacy of the currency bitcoin?
Maybe it posible that bitcoin is international
currency. In our country local bitcoin wallet is
directly pay your bill and agency accepting bitcoin
for ticket going abroad.
That is already a proof that bitcoin is an international bitcoin because it is widely accepted like you said, I think every country has their own local bitcoin exchange so it would be easy for us to connect in different countries and it can happen in just a matter of minutes transacting online.

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October 03, 2016, 12:49:14 PM
 #612

i am sure that bitcoin can be international currency in the near future because more people are getting awareness about bitcoin bitcoin and more people adopting bitcoin in huge amount and bitcoin is very useful and nowadays bitcoin is acceptable in everywhere in maximum countries.

I think that is it bitcoin as an international currency should need recognition from other countries on the legitimacy of the currency bitcoin?
Maybe it posible that bitcoin is international
currency. In our country local bitcoin wallet is
directly pay your bill and agency accepting bitcoin
for ticket going abroad.
That is already a proof that bitcoin is an international bitcoin because it is widely accepted like you said, I think every country has their own local bitcoin exchange so it would be easy for us to connect in different countries and it can happen in just a matter of minutes transacting online.

Well we can already consider that bitcoin is already an international currency because the users are all over the world and we can find them from different regions of the Earth. And good thing that many bitcoin investors are making their own local exchange just to help and sustain the needs of the local bitcoin users for each country.


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October 03, 2016, 12:49:35 PM
 #613

i am sure that bitcoin can be international currency in the near future because more people are getting awareness about bitcoin bitcoin and more people adopting bitcoin in huge amount and bitcoin is very useful and nowadays bitcoin is acceptable in everywhere in maximum countries.
It is , People are going to use this as international currency in the future if the bitcoin will be popular and many country can use it somehow there are few country that already using bitcoin as currency and using that to shop online too bitcoin has so much potential of growing because of the demand.
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October 03, 2016, 01:49:12 PM
 #614

i am sure that bitcoin can be international currency in the near future because more people are getting awareness about bitcoin bitcoin and more people adopting bitcoin in huge amount and bitcoin is very useful and nowadays bitcoin is acceptable in everywhere in maximum countries.
It is , People are going to use this as international currency in the future if the bitcoin will be popular and many country can use it somehow there are few country that already using bitcoin as currency and using that to shop online too bitcoin has so much potential of growing because of the demand.

Indeed it is being used now as an online currency to buy game products and other items from an online store. Though it is not the whole country and global yet it is still a good start for bitcoin.

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CasioK
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October 04, 2016, 08:23:20 AM
 #615

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 globally available yes but it is not globally used as much as we would like it to be. Bitcoin is an international currency but for it to be useful you actually have to be able to pay with it everywhere in every country. Then it would be globally used alot and it would grow way more aswell. Maybe we will get there but it's a long way off though.
I am willing to wait for that to happen as I believe we can achieve that and bitcoin will be globally accepted like a popular fiat, it takes time but once you trust the future you enjoy the current situation and take the opportunity to invest rather than wasting time for nothing.
I think if we invest our money in bitcoin and its marketcap increase more than the value of it will increase more high and more people will be attracted to this currency and so there will be a fame of bitcoin all over the world.

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Maxsumi
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October 04, 2016, 10:22:20 AM
 #616

If you look at it you can see that Bitcoin is already international because everybody in the world can make use of it, you only need access to the internet.
Still not that many people make use of it but I think that that is going to change in the future.
eduaro66
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October 04, 2016, 11:25:13 AM
 #617

Bitcoin has an international currency. In each country (not including underdeveloped) can pay bitcoints. It is very convenient and saves time
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October 04, 2016, 11:58:33 AM
 #618

i am sure that bitcoin can be international currency in the near future because more people are getting awareness about bitcoin bitcoin and more people adopting bitcoin in huge amount and bitcoin is very useful and nowadays bitcoin is acceptable in everywhere in maximum countries.
It is , People are going to use this as international currency in the future if the bitcoin will be popular and many country can use it somehow there are few country that already using bitcoin as currency and using that to shop online too bitcoin has so much potential of growing because of the demand.


Online payment only will not make any changes and bitcoin to become a international currency. Transparency and anonymous among the transaction only lead bitcoin to international currency. Adoption we need more in bitcoin to have a good growth on that.
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October 05, 2016, 09:04:55 AM
 #619

Maybe unlikely that bitcoin will become an international currency because no goods or food counter bitcoin itself need to be converted for costly . And only few online store that accepts bitcoin therefore be difficult international currency because it is not yet known whether the large business.
Nothing could stop bitcoin from evolving as an international currency as bitcoin do not have any national owner and is not known by any specific nation and the people from all over the world are using it with freedom and adopt it like their own currency without any issue. The border-less nature of bitcoin will bring many potential into bitcoin ecosystem for sure.
asidamani
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October 15, 2016, 07:57:51 AM
 #620

Maybe unlikely that bitcoin will become an international currency because no goods or food counter bitcoin itself need to be converted for costly . And only few online store that accepts bitcoin therefore be difficult international currency because it is not yet known whether the large business.
Nothing could stop bitcoin from evolving as an international currency as bitcoin do not have any national owner and is not known by any specific nation and the people from all over the world are using it with freedom and adopt it like their own currency without any issue. The border-less nature of bitcoin will bring many potential into bitcoin ecosystem for sure.

The bitcoin will become an international reserve currency. Its status will be higher than the today's US dollar.
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