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Author Topic: When will be see bitcoin as international currency?  (Read 21156 times)
katiecbell
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November 14, 2017, 01:32:00 PM
 #541

As people are awarding of bitcoin & its potential.When we can see bitcoin as international currency? Huh

This will take many more years to come. Especially now after another bitcoin exchange security breach. The bitcoin price is just not stable enough to be a major international currency. Investors are getting spooked out of bitcoins too fast.

If it means internationally accepted currency then I agree with this but for bitcoin to replace all currencies in the world and to adapt bitcoin as a one world currency then I think it would be impossible unless every nation has a joint economy and development status. As an online currency even now bitcoin has been number 1 currency to be used online throughout the world and it is only a matter of time before everyone uses it and the economy adapted to it.
Nothing is impossible, everything can be done. Bitcoin can be seen as an international currency when all countries legallize it and make the mass able to get access to a stable internet everywhere ( as in each shop and each restaurant, in hospitals ), institutions start accepting payment into it and mass  accept it for buying and selling necessities in daily life instead of paper money
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November 14, 2017, 02:59:43 PM
 #542

I think it will happen a long time, because for now paper money or real money still can not be replaced,
 there are still many poor countries that do not have adequate technology to access bitcoin

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November 19, 2017, 05:47:13 AM
 #543

People around the world are using bitcoin.
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November 19, 2017, 05:54:57 AM
 #544

I think it will take longer to see bitcoin as international currency. As of the moment, the paper money that we are using is not replaceable, it is tends to stay longer.

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November 19, 2017, 05:57:39 AM
 #545

I think bitcoin will be adopted by all once majority can use it and it can be accessed offline

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November 19, 2017, 07:32:34 AM
 #546

I think it will take some more years. Because bitcoin has just become popular so it will take time to create place in international currency list. It is now a digital currency almost. I am glad that I am also here with bitcoin.

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November 19, 2017, 07:36:02 AM
 #547

It is already an international currency, you can trade Bitcoin against any fiat currency presently at localbitcoin site but I think what you are trying to ask is when a country will officially accept it as an official currency. May be it will be 5-10 years later
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November 24, 2017, 10:14:38 PM
 #548

now it is impossile to see bitcoin as international currency because there is just 5% of people in the world know about bitcoin and cryptocurrency.
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November 24, 2017, 11:09:38 PM
 #549

Maybe in 20 years later, Bitcoin will be an international currency. Because there are many countries in the world ban Bitcoin now. They will not accept Bitcoin easily


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Larva14
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November 25, 2017, 09:28:46 PM
 #550

BTC's an international currency now! International people use it, but it could be used much more if it was easier, much easier for travelers to exchange BTC with the local fiat currency.

I agree that bitcoin is an international currency now because international people use it even on paying online and easier for travelers to exchange bitcoin with the local fiat currency. On my opinion as well, I think bitcoin would be a legal international currency on upcoming 10 years or 5 and when all the people around the world knows about bitcoin.
TipMePlz
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November 25, 2017, 09:29:32 PM
 #551

I think it is already an international currency, we know that some country banned it but still is more than one nation so yess.
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November 25, 2017, 09:41:11 PM
 #552

I like bitcoin as it is. I think it doesn't need to have the label international currency when it already functions as one.

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November 25, 2017, 10:39:20 PM
 #553

The altcoins market are recuperating now, that's a good news, let's buying and selling altcoins.
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November 26, 2017, 02:04:54 AM
 #554

Although bitcoin has many benefits, it helps people make more money but it's prices are unstable, there are countries that have banned bitcoins. So, in my opinion, bitcoin will not be able to become the world's currency.

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November 26, 2017, 03:17:06 AM
 #555

Whenever a bitcoin becomes an international currency, it is considered as the principal currency
When bitcoin is awarded the potential and value it brings to man, what value does it have when considered as an international currency?
When bitcoin becomes the easiest, easy to trade and spread to the world, and as our demand grows, it becomes an international currency. Lips sealed Lips sealed Lips sealed
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November 26, 2017, 03:19:43 AM
 #556

I dont think it will ever happen. Personally I think Bitcoin is now an "asset" and should be seen as internet gold, not a true currency.
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November 26, 2017, 01:06:17 PM
 #557

Bitcoin is already an International Currency. don't you know bitcoin is being used worldwideley. you can almost use bitcoin on the whole world every corner of the word where you get access to Internet you can use bitcoin you can buy sell everything.

I agree that bitcoin is already an international currency because its being used worldwidely. But on my opinion International people use it, but it could be used much more if it was easier, much easier for travelers to exchange BTC with the local fiat currency. You also can easily buy and sell different goods around the world with bitcoins. Bitcoin is an international currency but, only the number of users is still very very low. Bitcoin is also a globally accepted, if someone in another country wants to sell you something and will take bitcoin for payment then that 1 transaction by itself makes it a global currency.
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November 26, 2017, 01:19:34 PM
 #558

As far as I know, bitcoin is available worldwide including countries that have banned , and literally speaking bitcoin has no borders which makes it an international currency

There will always be that one person. It will never be international, i'm afraid.
true, there will always be that country that wants to be different but that still does not disqualify it from being an international currency
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November 26, 2017, 01:39:57 PM
 #559

And what is the international currency? After all, states are not going to and do not recognize any currency as international. If the currency can freely move between states as a means of payment, it can be called international. This is quite true of bitcoins. It has long been used by citizens of different countries to fulfill any financial obligations, so bitcoin has long been an international currency.
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November 26, 2017, 01:44:47 PM
 #560

As people are awarding of bitcoin & its potential.When we can see bitcoin as international currency? Huh

We can see bitcoin as an international currency if this would be accepted by many countries. Bitcoin has the hard time to be accepted in our society because some of the countries has banned bitcoin. So we can see bitcoin as an international currency if every country will use bitcoin as a means of payment.

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