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Author Topic: Bitcoin to be international currency  (Read 94977 times)
royalfestus
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April 08, 2017, 05:08:37 AM
 #1061

Bitcoin was already considered an internation digital currency. But the thing is other countries, no store or shops that accepts bitcoin. Though it is already adopts by some people because of its advantages still it has a good benefits that can help to people.
Japanese government now accepted Bitcoin as a legal payment, in the future there will be more and more countries to accept bitcoin.It may take a long time to be bitcoin could become an international currency, perhaps we could wait until bitcoin accepted by the whole world
The adoption is expected with Japan, due to its technological development, they also have the advantage of population. Since the announcement of the legal right to use, a lot of innovation with the use had erupt. I know soon lots of online market link to Japan will be valuing their goods online with bitcoin, and will make the currency aspect of bitcoin to be exploited
DoublerHunter
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April 08, 2017, 11:39:27 AM
 #1062

Bitcoin was already considered an internation digital currency. But the thing is other countries, no store or shops that accepts bitcoin. Though it is already adopts by some people because of its advantages still it has a good benefits that can help to people.
Japanese government now accepted Bitcoin as a legal payment, in the future there will be more and more countries to accept bitcoin.It may take a long time to be bitcoin could become an international currency, perhaps we could wait until bitcoin accepted by the whole world
The adoption is expected with Japan, due to its technological development, they also have the advantage of population. Since the announcement of the legal right to use, a lot of innovation with the use had erupt. I know soon lots of online market link to Japan will be valuing their goods online with bitcoin, and will make the currency aspect of bitcoin to be exploited
Japan is one of the most advanced country in the part of the asian countries and the adoption is already expected since they want new things to embrace and can help them to be better. This is one of the steps of bitcoin to be a legit international currency and soon other countries will adopt bitcoin also.
lOvE mE forEvEr
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April 08, 2017, 03:54:45 PM
 #1063

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?
Its a very good thing if this would really happen.You can use it in transaction if the shops also have an bitcoin wallet which serves as  their receiving address for pent for their services.

All users of the bitcoin hope like that, but the problem is the 'anonymous' so that tax issues, illegal transactions (drugs, terrorists, weapons and so on) would make the Government always reject bitcoin.
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April 08, 2017, 09:31:13 PM
 #1064

Bitcoin can never be an  international fiat
currency, the reasons are many. There are different value of different currency. But in a way its also an international currency. You can buy things with bitcoin where it is accepted. The main thing is mass adoption, Thats what should be the goal of bitcoin.
This isn't fiat currency but this will always be crypto currency.

But, I was made this thread to know how if this crypto currency Will be international currency not fiat currency. So, we can use fiat currency in that country only. But we can use crypto currency every where without waste our time to change it.

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April 08, 2017, 09:39:30 PM
 #1065

The future of bitcoin may be more like a payment method than a currency in itself. The biggest problem I see regarding its adoption as currency is its volatility, since the world works with fiat currency. Each merchant who accepts bitcoin will then want to exchange it for local currency. If bitcoin is established as payment method and the merchant can exchange it for local currency instantly it will have a very large adoption but to be adopted as global currency there shouldn´t be other local currencies that determine its value but it would have to be bitcoin the main currency that would be used daily.
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April 09, 2017, 04:21:50 AM
 #1066

Bitcoin was already considered an internation digital currency. But the thing is other countries, no store or shops that accepts bitcoin. Though it is already adopts by some people because of its advantages still it has a good benefits that can help to people.
I think the bitcoin will continues to get a lot of rejections to be used legally, the biggest obstacle is the bitcoin anonymous so many used for illegal transactions, tax issues, and money laundering. So if there are stores that accepted bitcoin then at risk of being closed by the Government.
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April 09, 2017, 04:48:14 AM
 #1067

Bitcoin was already considered an internation digital currency. But the thing is other countries, no store or shops that accepts bitcoin. Though it is already adopts by some people because of its advantages still it has a good benefits that can help to people.
Japanese government now accepted Bitcoin as a legal payment, in the future there will be more and more countries to accept bitcoin.It may take a long time to be bitcoin could become an international currency, perhaps we could wait until bitcoin accepted by the whole world

Yes, since Japanese Government accepted it as their currency some other country will gonna look for the first trial of it by Japan, and for sure once it is successful other countries will follow them.
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April 09, 2017, 09:08:16 AM
 #1068

Bitcoin was already considered an internation digital currency. But the thing is other countries, no store or shops that accepts bitcoin. Though it is already adopts by some people because of its advantages still it has a good benefits that can help to people.
Japanese government now accepted Bitcoin as a legal payment, in the future there will be more and more countries to accept bitcoin.It may take a long time to be bitcoin could become an international currency, perhaps we could wait until bitcoin accepted by the whole world

Yes, since Japanese Government accepted it as their currency some other country will gonna look for the first trial of it by Japan, and for sure once it is successful other countries will follow them.
I agree... Japanese is one of the most advanced country in the world and they just go and go and try other things to their country that might help them to be more advanced and one of the things that they tried is bitcoin. I think if bitcoin will be successful it is sure like what you said that other countries will follow Japan from its footsteps and it would be one of the greatest event for bitcoin because it will have a massive adoption and the price of bitcoin will go up very high.
Natalim
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April 09, 2017, 12:44:46 PM
 #1069

Bitcoin was already considered an internation digital currency. But the thing is other countries, no store or shops that accepts bitcoin. Though it is already adopts by some people because of its advantages still it has a good benefits that can help to people.
Japanese government now accepted Bitcoin as a legal payment, in the future there will be more and more countries to accept bitcoin.It may take a long time to be bitcoin could become an international currency, perhaps we could wait until bitcoin accepted by the whole world

Yes, since Japanese Government accepted it as their currency some other country will gonna look for the first trial of it by Japan, and for sure once it is successful other countries will follow them.
I agree... Japanese is one of the most advanced country in the world and they just go and go and try other things to their country that might help them to be more advanced and one of the things that they tried is bitcoin. I think if bitcoin will be successful it is sure like what you said that other countries will follow Japan from its footsteps and it would be one of the greatest event for bitcoin because it will have a massive adoption and the price of bitcoin will go up very high.
Good news will always bring the value of bitcoin increase and to see that japan will support bitcoin that is a big news and right now I think we should start saving bitcoin for the future. I have read more good news than bad once for the entire crypto currencies and ETH is doing well as well.

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April 09, 2017, 09:11:44 PM
 #1070

Bitcoin was already considered an internation digital currency. But the thing is other countries, no store or shops that accepts bitcoin. Though it is already adopts by some people because of its advantages still it has a good benefits that can help to people.
Japanese government now accepted Bitcoin as a legal payment, in the future there will be more and more countries to accept bitcoin.It may take a long time to be bitcoin could become an international currency, perhaps we could wait until bitcoin accepted by the whole world

Yes, since Japanese Government accepted it as their currency some other country will gonna look for the first trial of it by Japan, and for sure once it is successful other countries will follow them.
its very good news that Japanese Government accept bitcoin and i hope one day bitcoin will be acceptable in all around the world and i hope all government of countries will be accept bitcoin as their regular currency in the future. 
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April 09, 2017, 09:28:31 PM
 #1071

Is bitcoin accepted for taxes in Japan because thats the biggest thing backing national currency.   Thats a massive point in favour in bitcoin use if its somehow widely accepted, I think it'll take some time somehow.

On a side point, for global currency after dollars decline the system will be Special drawing rights which is money printed not by USA federal reserve but the global bank of IMF.   Here James Rickards discusses some reasons why - https://youtu.be/rsuGtjXS5tM?t=1659

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April 09, 2017, 10:30:06 PM
 #1072

Yeah it will be, after some problems about unacceptable of bitcoin in some countries, now they slowly accepted it . The nearest is japan, which is a good economy in the world, So bitcoin will soon be a international currency with a high price too. Cheesy






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April 09, 2017, 11:24:48 PM
 #1073

Yeah it will be, after some problems about unacceptable of bitcoin in some countries, now they slowly accepted it . The nearest is japan, which is a good economy in the world, So bitcoin will soon be a international currency with a high price too. Cheesy
It's accepted in the sense that it's not illegal in most countries, but it has a long way to go in terms of actual acceptance.  Recognising it as having the characteristics of money is all that countries need to do for it to have legitimacy.

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April 09, 2017, 11:38:33 PM
 #1074

Bitcoin was already considered an internation digital currency. But the thing is other countries, no store or shops that accepts bitcoin. Though it is already adopts by some people because of its advantages still it has a good benefits that can help to people.
Japanese government now accepted Bitcoin as a legal payment, in the future there will be more and more countries to accept bitcoin.It may take a long time to be bitcoin could become an international currency, perhaps we could wait until bitcoin accepted by the whole world
I also heard about that so it means that the governments have taken their start. After japan some other countries will come accept it and in that way bitcoin will be accepted by all of the world for their states.
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April 13, 2017, 10:54:31 PM
 #1075

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?
Bitcoin is already international currency, where other people who used bitcoin in different country. And there are also lots of people who embraced bitcoin so far, because it is very flexible to use and the features was very unique and impressive to apply in our daily routine in life.
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April 14, 2017, 12:54:03 AM
 #1076

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?
Bitcoin is already international currency, where other people who used bitcoin in different country. And there are also lots of people who embraced bitcoin so far, because it is very flexible to use and the features was very unique and impressive to apply in our daily routine in life.
I would not argue with that reality as it's pretty obvious that it is, people all over the world has an idea already about
bitcoin and that makes bitcoin more popular which resulted to a valuable price now.

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Oo ako to
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April 14, 2017, 01:08:09 AM
 #1077

Bitcoin can be an international currency with a limited users and that is our current standing for now, that is due to the fact that bitcoin is only used for online activities and there are no major merchants that directly accept bitcoin to achieve massive adoption of the online shoppers. They are the biggest volume of people who can transact online, we have to aim for that moment of time.
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April 14, 2017, 01:27:48 AM
 #1078

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?
Bitcoin is already international currency, where other people who used bitcoin in different country. And there are also lots of people who embraced bitcoin so far, because it is very flexible to use and the features was very unique and impressive to apply in our daily routine in life.
I would not argue with that reality as it's pretty obvious that it is, people all over the world has an idea already about
bitcoin and that makes bitcoin more popular which resulted to a valuable price now.
More and more adoption will result for more increase in the price. That is really true that bitcoin is almost all over the world and the bitcoin is already attracting and getting people's attention and soon if the adoption like in the Japan will continue then there is no doubt that bitcoin will increase to its maximum possibility and it will reach another ATH.
Mvaporis1961
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April 14, 2017, 02:02:07 AM
 #1079

It already does but in different platform and way of payment bitcoins is.All around the globe bitcoins is being used in many things already and in that way we can call bitcoins as a international currency upto date since almost all of people around the world are using it.
alexey199773
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April 17, 2017, 09:13:17 PM
 #1080

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?
Bitcoin is already international currency, where other people who used bitcoin in different country. And there are also lots of people who embraced bitcoin so far, because it is very flexible to use and the features was very unique and impressive to apply in our daily routine in life.
I would not argue with that reality as it's pretty obvious that it is, people all over the world has an idea already about
bitcoin and that makes bitcoin more popular which resulted to a valuable price now.
More and more adoption will result for more increase in the price. That is really true that bitcoin is almost all over the world and the bitcoin is already attracting and getting people's attention and soon if the adoption like in the Japan will continue then there is no doubt that bitcoin will increase to its maximum possibility and it will reach another ATH.

I agree with you. Bitcoin strengthens its position throughout the world. This is a very good trend. Thanks to this, we will get a high demand for this cryptocurrency. And this means that the price will rise
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