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Author Topic: Bitcoin to be international currency  (Read 94921 times)
doomloop
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August 07, 2017, 06:38:56 PM
 #1221

I think it is already an international currency. The only problem is that not everyone knows it. Bitcoin can become a better currency because of its flexibility. Everyone needs to be educated about bitcoin.
agreed, bitcoin is international currency and the solution of the problem that you mention is here In this forum. Here lot of people came and learn about bitcoin and most of them change their minds and start working on bitcoin and many of them get knowledge and tanfser this to another this chain helps everyone to know about bitcoin.

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August 07, 2017, 10:58:06 PM
 #1222

I think it is already an international currency. The only problem is that not everyone knows it. Bitcoin can become a better currency because of its flexibility. Everyone needs to be educated about bitcoin.
Yeah I think bitcoin has become an international currency because bitcoin can be used all over the world in various countries. Yeah the problem is the number of bitcoin users is still very little maybe only a few tens of thousands in each country, but at least bitcoin can be used anywhere in the whole country
We are growing in terms of number and I like what is happening now, bitcoin just broke it's all time high and it seems
people are really interested to get it with bitcoin. There is big money here especially if you will learn how to trade.
Bitcoin is growing due to its flexibility. Bitcoin has attracted many more users. Bitcoin is a best option for unemployed. There are a number of advantages of using bitcoin so I think its the main reason behind such big success behind bitcoin. Also various faucets, etc offering free bitcoins per hour or by viewing ads, etc makes it more popular to earn some money. Bitcoin has crossed 3000$ now and I am sure it will cross 4000$ soon.
Well all that been said above were all true despite of crashes bitcoin still depend its name and now having increases in value and does do lot of features that are effectively needed for us crypto users.
Become an international currency ? What was it before, a local currency ?

I’m not expecting Bitcoin to become international, cause it’s already an international/decentralized money. So nothing else as a difference we are going to experiences with bitcoin like where it will be getting used.

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August 07, 2017, 11:38:30 PM
 #1223

This is an international currency, from the very beginning. People from all over the world use bitcoin freely. And no government has control over it.
It is crystal clear from the decentralized nature of bitcoins that no state or government has control over bitcoins. Recently, bitcoins have been made legal in India and one of the Japanese airlines has also started accepting bitcoins as a payment which clearly indicates that bitcoins are used internationally. Moreover, the usage of this crypto currency is not limited to a particular class, color etc.
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August 10, 2017, 02:20:35 PM
 #1224

This is an international currency, from the very beginning. People from all over the world use bitcoin freely. And no government has control over it.

Agreed. I have been using it internationally since 2011. Much easier than paying to convert fiat then paying to convert it back. 

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August 12, 2017, 03:36:30 AM
 #1225

This is an international currency, from the very beginning. People from all over the world use bitcoin freely. And no government has control over it.

Agreed. I have been using it internationally since 2011. Much easier than paying to convert fiat then paying to convert it back. 
the importance and the value of the bitcoin is increasing gradually and it was an international currency since the start we can use it wherever we want it has the same value and the same price in almost every country the progress of the bitcoin is going high a lot of people are still not believing in bitcoin but with time they will accept it a lot of countries are using bitcoin as legal currency and for school fee payment as well.

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August 12, 2017, 04:09:50 AM
 #1226

This is an international currency, from the very beginning. People from all over the world use bitcoin freely. And no government has control over it.

Agreed. I have been using it internationally since 2011. Much easier than paying to convert fiat then paying to convert it back. 
the importance and the value of the bitcoin is increasing gradually and it was an international currency since the start we can use it wherever we want it has the same value and the same price in almost every country the progress of the bitcoin is going high a lot of people are still not believing in bitcoin but with time they will accept it a lot of countries are using bitcoin as legal currency and for school fee payment as well.
As time passes by, We can even see and conclude that it has lot more improvements compared when it was first launched and introduced. Its sole purpose is to serve as an international currency, that gives equity to all levels of people in society. I may not be an early adapter but as I looked back and read those articles before when it was just starting, I wished I knew it earlier and could even have benefit from it way back then.

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August 12, 2017, 04:18:27 AM
 #1227

I do not think bitcoin will be an international currency, if that happens then it could lead to a split on each individual country. As we know each country has its own currency that can be used as a tool of transactions. Until whenever I think bitcoin would be better to be the krypto type of currency only but its function can still be exchanged to local currency that we use.
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August 12, 2017, 07:56:44 AM
 #1228

I do not think bitcoin will be an international currency, if that happens then it could lead to a split on each individual country. As we know each country has its own currency that can be used as a tool of transactions. Until whenever I think bitcoin would be better to be the krypto type of currency only but its function can still be exchanged to local currency that we use.
Bitcoin is already got its title to be international currency because just like japan, south korea and Australia, those are the countries that made bitcoin as a legal currency in their country and that is already international because bitcoin is being use in different countries and it doesn't need to be use in all of the countries to just say that it is international.
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August 12, 2017, 08:37:18 AM
 #1229

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 its look like an iternational currency due to many people know and use it as a money to buy and pay everything. And i believe if its more popular to many people and country as well the user of bitcoin will be increase and increase and hopefully if its happen bitcoin is continue and continue to increase the value.



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August 12, 2017, 09:07:35 AM
 #1230

This is very impossible and too much to expect to happen that it will someday become an international currency. Bitcoin will be needing extra exposure to able to reach that title.  Bitcoin is not yet popular through out the world.

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August 12, 2017, 09:18:18 AM
 #1231

It would be a great idea that bitcoin become international currency because many people can be able to afford and use it in their daily transaction.
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August 12, 2017, 09:23:06 AM
 #1232

I do not think bitcoin will be an international currency, if that happens then it could lead to a split on each individual country. As we know each country has its own currency that can be used as a tool of transactions. Until whenever I think bitcoin would be better to be the krypto type of currency only but its function can still be exchanged to local currency that we use.
Bitcoin is already got its title to be international currency because just like japan, south korea and Australia, those are the countries that made bitcoin as a legal currency in their country and that is already international because bitcoin is being use in different countries and it doesn't need to be use in all of the countries to just say that it is international.
Agreed, bitcoin is being more popular than most other digital currencies available. Being an international currency all it needs is acceptance and accessibility around the world countries. As a part countries like Japan, Australia and few others have been into bitcoin. Soon by the years to come when more countries get into bitcoin the growth will be bigger and will be served similar to dollar and most widely used currency.

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August 12, 2017, 09:29:49 AM
 #1233

it is not stable enough to be an international currency , USD or EUR rates changes never exceeds the 1-2% per month , BTC rates can go up/down to 20% per month .
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August 12, 2017, 09:39:33 AM
 #1234

it is not stable enough to be an international currency , USD or EUR rates changes never exceeds the 1-2% per month , BTC rates can go up/down to 20% per month .
The fact that the price of major currencies fluctuates in the range of 1-2% does not mean that these currencies are more stable. Governments regulate the value of those currencies manually and purchasing power is constantly decreasing. Bitcoin has no inflation so he's stronger.
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August 12, 2017, 01:36:55 PM
 #1235

I do not think bitcoin will be an international currency, if that happens then it could lead to a split on each individual country. As we know each country has its own currency that can be used as a tool of transactions. Until whenever I think bitcoin would be better to be the krypto type of currency only but its function can still be exchanged to local currency that we use.
i think bitcoin is already going to be an international currency and now some countries as already declare bitcoin as legal currency and still countries are going to turn it as legal currency, so we can say that bitcoin is very soon going to become as legal currency through out the world.
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August 12, 2017, 02:03:45 PM
 #1236

I do not think it will be an international currency but an international commodity such as gold. with the increasing awareness in the blockchain technology, bitcoin will be the main commodity valuing things in the internet.

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August 12, 2017, 03:34:54 PM
 #1237

That is true that when I think about it, there is no international currency. Gold is not a currency and dollar is not completely universal. So Bitcoin will hopefully take this seat.
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August 12, 2017, 03:41:24 PM
 #1238

I do not think it will be an international currency but an international commodity such as gold. with the increasing awareness in the blockchain technology, bitcoin will be the main commodity valuing things in the internet.

The inherent commodity asset is embedded in the bitcoin role as a virtual currency exchange, if it acts only as a passive asset then bitcoin will not be as famous as it is now, just like bitcoin due to daily currency exchange, and it will continue into the future and become the international currency .



 

 

 

 

 

 


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August 12, 2017, 04:31:22 PM
 #1239

With Russian mining and anti-dollar dependance plan, yeah, Bitcoin never has been as close to be international currency.
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August 12, 2017, 04:39:52 PM
 #1240

With Russian mining and anti-dollar dependance plan, yeah, Bitcoin never has been as close to be international currency.
I don't agree with you. Coin mining in Russia will not change anything. Moreover, the company is not anti-dollar. This is an attempt to attract dollars into the Russian economy which is under sanctions. International currency bitcoin will be only then when you will be able to buy anything with bitcoin anywhere in the world.
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