dyablo
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April 05, 2018, 11:38:31 AM |
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Bitcoin can be international but I do not think we are seeing use in every corner of the globe, yet. Some what not wanting bitcoin to replace fiat straight out either, would prefer side by side.
It is possible that bitcoin could be the international currency in the future if every country in the world would accept it as it is. Many people are now engaged and uses bitcoin.And there are some countries that legalizes bitcoin. That is a good start to make bitcoin as the international currency in the future.
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Figuran-
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April 05, 2018, 12:14:47 PM |
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bitcoin into the international currency seems like it can but can not beat the dollar because of the availability or amount of supply available in very little bitcoin it will make it difficult to get the bitcoin and the price can not stabilize.
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dams87
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April 05, 2018, 12:36:14 PM |
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if everyone already understand how to get and use it does not close the possibility of bitcoin can become an international currency and it can make it easier for us to shop in various places without having to bother to exchange money in the place we go.
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Taiayam
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April 05, 2018, 12:44:48 PM |
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Bitcoin presently is an worldwide present since you only require the internet if you want to make use of Bitcoin and in present-day entire world nearly everyone has accessibility to the net. But the thing is that even tho everyone can use it not everybody desires to use it
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Wasaisisi
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April 05, 2018, 12:47:49 PM |
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International currency must be accepted everywhere. Bitcoin is nowhere near that. In scores of countries people have never yet heard of it let alone have access to proper internet which is the backbone of transactions to occur. Acceptance is important along with easy exchange with fiats all over the world. Then only it can become an international currency in the true sense.
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Mia-
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April 05, 2018, 12:50:29 PM |
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Bitcoin is as of now global in light of the fact that everyone on the planet can make utilization of it, you just need access to the web. Still not that many individuals make utilization of it
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jameshowlett
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Asura – Self Sustainable eSport ecosystem
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April 05, 2018, 12:55:45 PM |
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if bitcoin into international currency would be great because bitcoin exists in almost all countries and we can use it without difficulty in some countries but of course the currency of each country will also be used
However, it is hard for bitcoin to become a international currency because it still has many problems and issues which can not be solved yet. Other cryptocurrencies seem to perform better than bitcoin I believe that ethereum or litecoin will become an international currency
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a31078
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April 05, 2018, 12:57:40 PM |
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It is no more debatable whether Bitcoin is now a currency known worldwide. It's globally acceptability for legitimacy is only the bottle neck. However, when Bitcoin becomes generally acceptable by all worldly Economies, International Trade would be much easier for all and sundries better than just all other currencies, be it Fiat or whatever, since it is already known and accepted worldwide.
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bololord
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April 05, 2018, 03:59:13 PM |
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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?
Crypto or not, bitcoin is currency already. If you can use it for shopping, for paying different things, if you can exchange it for other currencies, or gamble with it that means bitcoin have all characteristic of a real international currency. And all that for 5 years, or a bit more. When I look at situation like that, I wonder how much btc can grow in next five years? A lot? I see logic in that, and maybe btc is gonna be global worl currency, with 100 % acceptance everywhere.
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laracastvue
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April 05, 2018, 04:02:43 PM |
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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?
Bitcoins does have the potential to replace all the cryptocurrency of other countries because the price today is attracting different people but since the market is volatile then it will take more time for government's before implementing to be the nation currency in the future.
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Bacotan Bae
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April 05, 2018, 04:26:52 PM |
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Can be said that bitcoin has been used as an international currency, this is because all bitcoin users spread globally, just a matter of time to legalize all countries and I'm sure that it will happen.
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GamingBro
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April 05, 2018, 05:44:49 PM |
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Bitcoin is already international currency except countries where bitcoin is banned. Someday bitcoin would be accepted everywhere and we will get real interational currency.
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shushu9977
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April 05, 2018, 05:56:50 PM |
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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?
Most of the people all over the world already used Bitcoin. Without exchange it, many things which are used such as free recharge, many gift cards etc.We can be called it as an international currency because Bitcoin is well-known and used whole over the world.
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Kodok Bencot
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April 05, 2018, 06:12:48 PM |
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Compared with the dollar, of course bitcoin is still too small so can not be used as an international currency, would need a lot of consideration to make bitcoin as internationa currency and price factor is too volatile is the most important thing to be resolved.
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Heroonnone
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April 05, 2018, 08:32:43 PM |
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I think that this will be an interesting decision in the economy. But the big problem is that it is very unstable. Many people use this minus and earn on it. It's not quite comfortable, but it's very promising.
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zedrickjuls
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April 06, 2018, 05:14:14 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 would be possible but there are still lot of countries don't acknowledge or don't accept bitcoin and some countries banned it.Maybe it take some time to be happen.
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reynilynedago
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April 06, 2018, 06:39:24 AM |
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bitcoin is an international currency ,it does not have any border limitation and can be transacted easily all over the world ,since the evolution of crypto currency is pretty new it could take some time for all the business to accept bitcoin as a currency, dont be deterred by the current situation,it would change with time. before the world war 1 and 2 no one predicted US dollar to be accepted as a global currency,only time will tell as you cannot predict the future.
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beezunus
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April 06, 2018, 06:57:56 AM |
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I think, now bitcoin has become the international currency because we can transact using bitcoin across the country but not all countries have received bitcoin, there are some countries that still prohibit bitcoin as payment, so we wait and see how the development of bitcoin
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Razick
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April 06, 2018, 07:35:09 AM |
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Bitcoin can be an international currency but it still has a long way to go before that can be a possibility. They have to work out the issue of high transaction fees when transaction volumes increase and also there is the matter of slow transaction times when transaction volumes increase, for bitcoin to become an international currency transactions have to be instant in any given circumstances.
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MMA
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April 06, 2018, 11:55:46 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?
Bitcoins does have the potential to replace all the cryptocurrency of other countries because the price today is attracting different people but since the market is volatile then it will take more time for government's before implementing to be the nation currency in the future. Bitcoin is in fact not created to replace other currencies, and i think that other altcoins are also providing good support to bitcoin. In modern time i think that the use of crypto currencies will continue increasing and it does not mean that only bitcoin will survive, i think that so many other altcoins are expected to survives and will also become too much popular, for example Etherium is also expected to survive for a long long time.
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