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Author Topic: When will be see bitcoin as international currency?  (Read 21156 times)
Nahl
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August 05, 2016, 06:07:30 AM
 #21

bitcoin is already became an international currency now because bitcoin has already used by worldwide people as you could see in these forum many users who came from the various countries as bitcoin users at here indeed this is not officially announcement but without we realize that bitcoin has already make it
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rphk
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August 05, 2016, 06:55:28 AM
 #22

bitcoin is almost international , but still few countries need to regulate it  like legal aspect etc. most of the countries accepted it for online transaction , but i believe more security features are required on most of sites which does bulk transaction with bitcoin.   

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August 05, 2016, 07:29:18 AM
 #23

bitcoin is almost international , but still few countries need to regulate it  like legal aspect etc. most of the countries accepted it for online transaction , but i believe more security features are required on most of sites which does bulk transaction with bitcoin.   


Bitcoin is placed in hotwater at this moment due to the hacking incident at bitfinex. Bitcoin being an international currency is far from the truth if we cannot protect bitcoins from hacker. If ever big issues like that will be overcome then bitcoin is sure to go to become the first virtual international currency representing fiat currency online.
jakelyson
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August 05, 2016, 07:45:53 AM
 #24

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

Is bitcoin not yet used internationally? I think it is already. People from different countries are already using and profiting from it. It maybe small in numbers but it is already in different countries. NOw, we only need to attract more users and make our number grow.
croutonhexagon
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August 05, 2016, 07:56:25 AM
 #25

According to me Bitcoin is already an International Currency because it is used by Worldwide Users.
Also We can Transact it From one Country to Another Country Without Any Extra Charges. In Future it is Possible that Everyone Use Bitcoins and Make this a First Virtual International Currency.....
Jeremycoin
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August 05, 2016, 09:39:55 AM
 #26

Of course when every people in this world finally use Bitcoin, but I think it's quite hard because "international" currency needs an agreement for the governments around the world.

faucet used to be profitable
zodin
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August 05, 2016, 03:31:31 PM
 #27

you can consider it right from now, because bitcoin is still using in all the countries of the world though still not so many countries of the world has yest recognize it but still it is using in all over the world having equal value in all over the world, therefore we can say that bitcoin is the universal currency of the world and its position is getting stronger and stronger day by day, it is also hope that very soon all the countries of te world will accept bitcoin as an international currency of the world.
Cryptonitex
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August 05, 2016, 03:36:04 PM
 #28

What he means is when is it going to be massively adapted? When is 100% of merchants going to accept BitCoin.

My speculation...
30 years.
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August 05, 2016, 03:37:52 PM
 #29

when all the governments and big banks and companies are all dead and when fiat money has no profit for big players.
when the world is a fair place for every one to live.
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August 05, 2016, 03:38:38 PM
 #30

I guess when bitcoin has been accepted by the whole world. this time not all people of the world accept bitcoin, even some government makes bitcoin be illegal, it is because bitcoin could freely carry out transactions without clearly known who carried out the transaction. it makes a lot of people who make a transaction using bitcoin to buy something illegal, such as drugs and weapons
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August 05, 2016, 03:41:01 PM
 #31

I guess when bitcoin has been accepted by the whole world. this time not all people of the world accept bitcoin, even some government makes bitcoin be illegal, it is because bitcoin could freely carry out transactions without clearly known who carried out the transaction. it makes a lot of people who make a transaction using bitcoin to buy something illegal, such as drugs and weapons

Bitcoin is used at international level and it is used by almost all countries so partly we can say that its an international currency but it may get mainstream in future.
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August 05, 2016, 03:41:14 PM
 #32

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

well bitcoin was invested to act as a P2P digital currency that everybody who wishes can be able to use it easily and without needing a third party like a bank and bitcoin has succeeded in this matter (more or less) but it was never intended to replace the worlds currencies and sit in their place and i don't think it can ever happen.

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August 05, 2016, 03:41:51 PM
 #33

I think it will not happen, in the future may bitcoin more popular like paypal, only as an alternative payment, transactions wherever, online or offline.
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August 05, 2016, 03:44:35 PM
 #34

when all the governments and big banks and companies are all dead and when fiat money has no profit for big players.
when the world is a fair place for every one to live.
So basically never, according to your statement?

The governments, bug banks and companies will never collapse unless a majority of modern society collapses, and this means that Bitcoin would more or less be equally as useless in such a society. And the world will never be fair and should never be fair. You are entitled to nothing, no-one owes you anything, you exist. Now do something with it. Those who did something are the rich, and those who never do anything are the poor. It's a challenge, and not supposed to be a cakewalk.
hieu81
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August 27, 2016, 05:23:06 AM
 #35

Now, more people know about bitoin, but it not international currency at the moment!
davis196
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August 27, 2016, 05:48:22 AM
 #36

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

Bitcoin IS an international currency right now.

People all over the world can buy and sell bitcoins.

Why are you asking this question?

lumeire
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August 27, 2016, 06:12:12 AM
 #37

IMO BTCBTCBTC is what it is. It's a concept by itself. Currencies are backed by something tangible. Bitcoin is backed only by trust. While BTCBTCBTC can function as a currency, it can never be entirely like that.

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Jambolb2
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August 27, 2016, 06:25:10 AM
 #38

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

That is not going to happen so soon... Bitcoin has already taken some years to reach this stage where a large number of people in the world are using bitcoin and also some countries having places accepting bitcoins but it would still take a lot of time to become an international currency.
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August 27, 2016, 06:36:58 AM
 #39

IMO BTCBTCBTC is what it is. It's a concept by itself. Currencies are backed by something tangible. Bitcoin is backed only by trust. While BTCBTCBTC can function as a currency, it can never be entirely like that.

Hard to predict such things, and hard to believe it's even going to be one day a currency. It's been years since people in my country have heard about Bitcoins and yet there is just one city having an ATM.
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August 27, 2016, 06:41:34 AM
 #40

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

Bitcoin is already an international currency to be considered. At least all of the specifications are into this currency to be considered as an international one.

Out of the topic, but I smell fishy with your name. Hopefully you and that person on my mind are not the same.

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