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PalindromemordnilaP
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February 20, 2018, 02:01:58 PM |
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yes I believe that btc to be international currency very soon...because it's popularity is increasing day by day
Since bitcoin is already mainstream, it is considered as international currency already with the growing demand of people and its popularity. Hence, its market value as a result of being the mainstream. |
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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@minajeryll
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February 21, 2018, 09:13:57 AM |
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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's very complicated. In your situation, you have lot of questions to answer what more if we combine all of our questions. So it's very complicated. But I'm not saying it's not possible, but all countries should unite to put remedies to all problems. |
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sicnarfair
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February 21, 2018, 09:18:41 AM |
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It would be good for the world. We won't have to confuse ourselves with different exchange rates.
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KBB BIHAG
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February 21, 2018, 09:21:47 AM |
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Like all other things, it has its pros and cons. I'll say one con is that it will be limited only to those who have access to electronics.
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clouder12
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February 21, 2018, 09:23:21 AM |
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i dont think it could be possible, btc is very unstable
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NicG13
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February 21, 2018, 09:36:32 AM |
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De facto, it already is an international currency. Truth be told, though, you can't pay with it in most places. Similar to gold, really. Which is another form of international money that most "shops" won't accept as payment. This could all change very rapidly though. With the scale and performance of Lightning Network, as well as mobile wallets, etc. Bictoin could very well start being accepted for payment everywhere and anywhere.
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rerek007
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February 21, 2018, 09:58:49 AM |
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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?
Soon I think it gonna be an international currency because it is a now a very much popular and many rich people already using and investing into it |
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andamers
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February 21, 2018, 10:19:09 AM |
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I think it is already. This is not to say that it is accepted anywhere. I also like it when I can convert any extra money into bitcoin. But in some countries, you can not afford to spend it.
The most important point is that it is too expensive for the transaction.
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Dux2K
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Blocklancer - Freelance on the Blockchain
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February 22, 2018, 12:32:37 PM |
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Good concept and good idea, only is almost impossible to be accomplished. Many dont see bitcoin as money or currency and many dont like it mainly cuz its not stable and change its value daily even hourly.
Maybe we will see something that can be possible with blockchain technology or something that will be constant in price and recognized by all countries and banks and we are still far from it.
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Ann Impas
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February 22, 2018, 01:05:06 PM |
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Currently, bitcoin is not yet considered as legal tender or currency. But nowadays it works already as a currency for many people who believe on it. Time will come that it will be accepted as legal tender as the phase of our world change so fast and digital currency is the best way to answer it.
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Lionel
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February 22, 2018, 01:26:58 PM
Last edit: February 22, 2018, 05:10:05 PM by Lionel |
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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? Of course some do not accept it. I am surprised that some countries still exist that accept it. Bitcoin was made for us to escape from the work slavery and poverty that our criminal govs want for us. It's obvious that all the govs will be against it, because it is for our benefit and ruins their evil business. Now, how to use it from where it is banned? Just connect your wallet over TOR proxy. It's very simple with Bitcoin Core or Electrum for example. I will explain you how if you want p.s. with "accept it" i assume you meant "they don't ban it" . Maybe you meant "they make it a national currency". Wasn't clear |
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bitcoinFPT
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February 22, 2018, 03:12:48 PM |
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I think it is difficult for bitcoin to become an international currency because at present the number of countries that accept it is very small, its appearance is confusing, complicated, and no one can be sure of its future. It helps many people to become rich but do not expect too much, maybe someday it will disappear
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piterpie
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February 22, 2018, 03:48:31 PM Merited by zakcooper40 (5) |
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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?
There are many opinions that Bitcoin will become an international currency in the future but know if this has happened we have to wait, in my opinion in about 10 years Bitcoin will be the countries Bitcoin has agreed to let Bitcoin operate in the area of commercial securities trading, but it is individual traders will check or enter the system to check whether investors' money is safe. |
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Napole0n
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February 22, 2018, 04:31:00 PM |
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To become an international currency of course requires a very strong infrastructure, in addition the number of users has also been dominant or at least has reached more than 50%, but the facts until now bitcoin has not met these two conditions.
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Leane Lee Natividad Cuenc
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February 22, 2018, 05:28:45 PM |
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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 agree its already international currency as majority of people around the world who was using it.Bitcoin become a popular entire the world,because of good currency and good profit,all we got to do is to continue buy and use Bitcoin for the coming more better and famous in the future. |
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btcmegastar
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February 22, 2018, 05:33:35 PM |
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You may think so because it is used everywhere in the world. No matter where you are, you can use them.
Yes, there is no country specification of buying and selling but in future it is not possible because we have to show the assets to the government once they legalize the Bitcoin. As of now we can use anywhere in the world. |
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hangar18
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February 27, 2018, 10:56:41 PM |
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You may think so because it is used everywhere in the world. No matter where you are, you can use them.
Yes, there is no country specification of buying and selling but in future it is not possible because we have to show the assets to the government once they legalize the Bitcoin. As of now we can use anywhere in the world. The government won't have any permission to manage the activity of Bitcoin like manage the address/source + input/oput of this system. You forget this system is decentralized network. If the government want to manage it, the government must to own 51% total hashrate of Bitcoin to manage its activity  . |
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Mbah Djoko
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February 28, 2018, 12:12:23 AM |
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Many things that bitcoin should be fixed in order to become international currency, for example is the speed of the transaction, I hope that the speed when sending bitcoin is not dependent on fees and can be received in seconds.
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great
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Btcalimie
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February 28, 2018, 01:28:53 AM |
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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?
Well it could be a good news if BTC will become the international currency. It could be convenient of all the nationality which travels in different countries. |
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Jessica2009
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February 28, 2018, 01:53:24 AM |
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Bitcoin is already an international currency people buy and sell goods online and even book tickets for international flights.Bitcoin is a digital decentralized currency that is operated all over the world with low fees and no central authorities interfere in the transaction . Bitcoin was the first payment system later it is shut down. Bitcoin has caught attention to people who distrust their government.Even though Bitcoin is decentralized some people do not like bitcoin since they think that it will be at risk due to the nature of Bitcoin.
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