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Author Topic: Bitcoin to be international currency  (Read 94921 times)
Zooplus
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December 23, 2017, 09:55:04 AM
 #1881

For me, bitcoin as a global currency it will not happen because bitcoin is a digital currency and the acceptance of bitcoin is so low. Also, some countries already ban bitcoin because to many reason and jurisdiction. But if bitcoin as a global cryptocurrency it has a great chance, because it has the highest amount and population. Smiley
Bitcoin has limitation and one of the limitation is that it will never become the most popular currency which will be use
by the majority, however, we can still consider it as an international currency because it's use world wide although not by everyone.
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NorihiroName
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December 23, 2017, 10:33:53 AM
 #1882

I think that BTC is not perfectly suitable for this role - I think one from alts will become the international one.

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December 23, 2017, 10:52:01 AM
 #1883

For me, bitcoin as a global currency it will not happen because bitcoin is a digital currency and the acceptance of bitcoin is so low. Also, some countries already ban bitcoin because to many reason and jurisdiction. But if bitcoin as a global cryptocurrency it has a great chance, because it has the highest amount and population. Smiley
Bitcoin has limitation and one of the limitation is that it will never become the most popular currency which will be use
by the majority, however, we can still consider it as an international currency because it's use world wide although not by everyone.
We like it or not Bitcoin is becoming world curremcy as we look at the price now why it proliferate that far because many people believed and trust , Bitcoin is becoming the world currency and the technology that is blockchain technology.

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December 23, 2017, 11:32:55 AM
 #1884

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?
maybe because many people use bitcoin as their currency,it easy to transact to other country if bitcoin os our international currency.

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December 24, 2017, 11:23:47 PM
 #1885

For me, bitcoin as a global currency it will not happen because bitcoin is a digital currency and the acceptance of bitcoin is so low. Also, some countries already ban bitcoin because to many reason and jurisdiction. But if bitcoin as a global cryptocurrency it has a great chance, because it has the highest amount and population. Smiley
Bitcoin has limitation and one of the limitation is that it will never become the most popular currency which will be use
by the majority, however, we can still consider it as an international currency because it's use world wide although not by everyone.
Why not? Everything can happens until it died completety.
Although I do not have any idea about the growth of Bitcoin to be a the 1st currency, however, as my said, everything can happens and make me surprise.
Haslett5236
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December 24, 2017, 11:49:13 PM
 #1886

If bitcoin to be international currency . it's price will be rocket rise

and all the cryptocurrency will also have a good price
Shanmatthew
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December 25, 2017, 12:00:44 AM
 #1887

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 an international currency.but some other country's not accept bitcoin,its because their government it thinks that bitcoin is a threat of their country's economy problem.but rather than that.if bitcoin can use as a payment method in the future.its easy to pay and buy true online shop and pay bills that no hassle on lane.I look forward for that to happen in future.
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December 25, 2017, 01:25:44 AM
 #1888

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?

now bitcoin has become an international currency in the virtual currency or digital bitcoin can be used as a means of payment although must be redeemed first, to achieve there must take time again
mongkie
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December 25, 2017, 01:27:56 AM
 #1889

it is already happening. actually bitcoin rank 4th on the most currency exchanges.

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intoy_victor
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December 25, 2017, 02:15:37 AM
 #1890

It is already one of international currency since bitcoin could change any local an international currency and higher value than any currencies. And hope in the future bitcoin will be legalize in any country.
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December 25, 2017, 02:20:43 AM
 #1891

It is already one of international currency since bitcoin could change any local an international currency and higher value than any currencies. And hope in the future bitcoin will be legalize in any country.

Bitcoin is already an international currency because it it now being used by different people across the globe. Maybe some countries are not using it but it will happen in time.
Lonthe
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December 25, 2017, 02:43:04 AM
 #1892

The presence of bitcoin can unify all the currencies in this world, although not the only currency but can be an easier payment alternative to use so as to make the transaction easier.

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L00n3y
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December 25, 2017, 04:00:31 AM
 #1893

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.
i think so. But some country not accept bitcoin, so what will we do to some country like that?
There is nothing you can do as an individual if a certain country does not accept bitcoin. Some countries prohibits it because they to them it may impose a threat to their economy.
yusupjatigumilar
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December 25, 2017, 05:14:19 AM
 #1894

What I know currency is a legitimate means of exchange issued by a country based on the laws of that country, if bitcoin becomes an international currency, what I am still confused about is who will issue (bitcoin) legally? what is the effect for other countries?
haster100
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December 25, 2017, 05:50:06 AM
 #1895

I was never sure, many still do not know, maybe bitkoyn just used as goods, but not used as an official currency. This is because there is no country that legalized bitcoin.
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December 25, 2017, 05:54:50 AM
 #1896

I think the one world currency is still yet to be developed. The genuis  is still not yet out or still under development. At the right time it will emerge. Thrust me.

It is going to be very hard to reach a point of "one world currency" unless and until someone goes and conquers the entire world, which is impossible for now. But bitcoin has what it takes to be the reserve currency of the world. I just want to see it having the ability to handle millions of transactions per second. It seems impossible now, but someday we might just reach that stage.
Marrionbitcoin
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December 25, 2017, 07:18:24 AM
 #1897

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?

Currently, Bitcoin is now using or accepting by merchants as payment thru online such as electricity, water, telephone, insurance and many more, without any hassle and free of charge. Our existing currency is much better than Bitcoin as of now because Bitcoin is not yet fully regulated and it will take so much time to study it. However, we can still use Bitcoin for trading that gives us additional income. Bitcoin helps many people in so many ways the only need to improve is the security and protection of investor. Maybe by next years it will be generally accepted by all countries.
otol55
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December 25, 2017, 10:19:51 AM
 #1898

that's the future I expect from Bitcoin.
if Bitcoin becomes the international currency then the world economic system will change for the better.
I hope it happens soon.

anklas
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December 25, 2017, 11:48:21 AM
 #1899

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?

Since it is circulating around the world Bitcoin is considered already as International currency and lots of investors are showing interest in purchasing one because of the profitability we might earn in holding Bitcoin for long term. There are application that can be used in paying using bitcoin currency.

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fayrouz
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December 25, 2017, 11:54:38 AM
 #1900

Bitcoin is International currency already but not all country accept it. Some country didn't yet recognize or even appreciate the value of Bitcoin to their economy. We do hope Bitcoin will be more productive in the future.
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