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Doamader
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November 01, 2016, 10:44:33 PM |
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Now too bitcoin seems to be an international currency because of its acceptance from most of the world countries. Also few national currencies have gone valueless and in a state of vanishing. Bitcoin in its digital form and increased value have secured its place as one among the growing international currency.
Bitcoin right now is used mostly on internet... though something used on internet can be considered international as internet is a global service that connects the world together... but bitcoin would only be an international currency in that sense if it is used for trades between countries... Its see as international currency already, countries wont recognize it because those will be the same as they are stupid and not able to manage their country with the fees they take, and a decentralized, bitcoin being recognized will make several questions showing off, like why bitcoin turn into a sucess if no ones manages or have plenty control of it. |
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madwica
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November 02, 2016, 02:56:42 AM |
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Now too bitcoin seems to be an international currency because of its acceptance from most of the world countries. Also few national currencies have gone valueless and in a state of vanishing. Bitcoin in its digital form and increased value have secured its place as one among the growing international currency.
Bitcoin right now is used mostly on internet... though something used on internet can be considered international as internet is a global service that connects the world together... but bitcoin would only be an international currency in that sense if it is used for trades between countries... Its see as international currency already, countries wont recognize it because those will be the same as they are stupid and not able to manage their country with the fees they take, and a decentralized, bitcoin being recognized will make several questions showing off, like why bitcoin turn into a sucess if no ones manages or have plenty control of it. Me also i think bitcoin is now international currency which is we can spend it internationally, and those country who can not recognized bitcoin i think there is a problem in their government they do not like to accepts other currency they want only their local currency will used by people in that country. |
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markyminer
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November 02, 2016, 05:32:54 AM |
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Now too bitcoin seems to be an international currency because of its acceptance from most of the world countries. Also few national currencies have gone valueless and in a state of vanishing. Bitcoin in its digital form and increased value have secured its place as one among the growing international currency.
but i think it is already an international currency, as bitcoin is still use in all over the world, there will not be a single country where bitcoin will not be using by the people. despite the fact that still most of the countries have not consider bitcoin as legal currency, but hope that very soon bitcoin is going to be accepted by all the governments. |
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crazyivan
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DMD Diamond Making Money 4+ years! Join us!
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November 02, 2016, 09:36:11 PM |
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Never, BTC should never be considered as a currency, it should be considered as a STORE of value, like gold.
So buy more.
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Adamsmit556
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November 02, 2016, 10:07:37 PM |
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Perhaps then when the world government is ruling the world or not at ever...
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mbuk81
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November 02, 2016, 10:34:30 PM |
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I would say that bitcoin could and would become a international currency once bitcoin become main stream and is accepted by every country of the world and when every bitcoin is traceable back to the buyer and seller so that it not used for illegal stuff
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arransiv
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November 02, 2016, 10:36:40 PM |
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Surely Bitcoin is already an international currency.. You can use it anywhere in the world.. that's the point of it.
It is really not yet accepted everywhere in the world, though accepted in a lot of places online but when we see offline we wont get a lot of places to spend our bitcoins unless we are from Brazil or somewhere near there because there are a lot of places accepting bitcoin in that side of the world. You can use bitcoin in a offline mode, just ask to someone buy for you and save in a paper wallet or on a pendrive or whatever, at least you can hold it. Brazil is huge, if have 150 places that accept bitcoin, you will never find one near you, so no. Yes bitcoin is a international currency but just few people uses it. |
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delliaerd
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November 02, 2016, 10:39:18 PM |
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Never, BTC should never be considered as a currency, it should be considered as a STORE of value, like gold.
So buy more.
Although satoshi was created bitcoin as a currency, But I agree with you that bitcoin is considered as store of value as gold. Gold is better than fiat, so bitcoin is better than fiat. People are using gold as a currency long time ago before replaced by fiat becouse the goverment rule the people to use fiat. It is mean people can use bitcoin as currency now. bitcoin is used by so many people in different country and culture so I considered that bitcoin is already international currency. Bitcoin is usefull as currency and really worth like gold. |
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jossiel
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November 03, 2016, 04:51:55 AM |
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Perhaps then when the world government is ruling the world or not at ever...
You don't feel that they are already ruling the entire world? And the implementation of bitcoin to use as international currency is already on the go. Because a lot of merchants from different part of the world is already accepting bitcoins for their services and products. So I can consider that we are already seeing it and being use as it. |
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coynedterm
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November 03, 2016, 05:13:37 AM |
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As people are awarding of bitcoin & its potential.When we can see bitcoin as international currency?  i Think the bitcoin to became officially a international currency will take about 5 years because in the current time the blockchain is making many services direct with bank that means officially useful for anyone for Making payment and also paying tax for this service . so in 5 years slowly slowly the bitcoin will became mist famous international currency . |
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noictib
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November 03, 2016, 05:28:06 AM |
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As people are awarding of bitcoin & its potential.When we can see bitcoin as international currency? bitcoin is already a international currency but few of the countries havr banned it for nothing . but the bitcoin's official wallet is trying to give his bitcoin service to show the bitcoin trust and bitcoin legal work and its safety so for officially to be declare bitcoin as official it takes not more time . |
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hatshepsut93
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November 03, 2016, 12:24:38 PM |
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It really depends on what do you mean by "international currency". It's already available all over the world if there's internet connection and there are local exchanges in most countries, so you can easily use it for transferring value fast and with low fees. On the other hand, if you mean that Bitcoin will be used between governments and big companies, probably not soon, maybe never.
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Deep1
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November 03, 2016, 12:36:14 PM |
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I don't get what you mean but is isn't already a currency? just get an internet access and there you go, you have one.. then you have exchanges where you can get fiat if you want or vice versa.
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Supercrypt
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November 03, 2016, 12:49:34 PM |
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It really depends on what do you mean by "international currency". It's already available all over the world if there's internet connection and there are local exchanges in most countries, so you can easily use it for transferring value fast and with low fees. On the other hand, if you mean that Bitcoin will be used between governments and big companies, probably not soon, maybe never.
The difference between gold and USD may explain it with more clarity like what is international currency and international medium of exchange. Even gold is being used as an universal medium of exchange, all the prices are being referenced in USD for quick understanding or for easily explaining the net-worth. Even bitcoin is being used by all country people and being transferred across borders, considering bitcoin as an international currency might come into reality when we are using bitcoins for references for the any price. |
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requester
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November 03, 2016, 01:04:06 PM |
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the day is not very far because more and more notion adoption is taking place and people are coming to know it's importance and advantages. So i think in very near future we could see bitcoin as international currency but I am also sure that if it us recognized as international currency then government will ban it in very short time because there is no rules and regulations in bitcoin and even no taxes also
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Adamsmit556
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November 03, 2016, 01:05:38 PM |
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Perhaps then when the world government is ruling the world or not at ever...
You don't feel that they are already ruling the entire world? And the implementation of bitcoin to use as international currency is already on the go. Because a lot of merchants from different part of the world is already accepting bitcoins for their services and products. So I can consider that we are already seeing it and being use as it. No, actually I don't entirely feel it. I don't know what you mean by 'them', I meant to say when that 'governance' is ready and set up and people accept it, then the Bitcoin (or an alt) may be seen as ratified international currency. By now, the Bitcoin isn't controlled by any authority, but at the same time, it's regulated by everyone who uses it. So I just think that when the time is ready and the World governance will be born and people accept it (by forcibly or not) the Bitcoin (regulated one) is an excellent trading method for use. Then when there is entity that rules and controls we might name it as an International currency |
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requester
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November 03, 2016, 01:07:32 PM |
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the day is not very far because more and more notion adoption is taking place and people are coming to know it's importance and advantages. So i think in very near future we could see bitcoin as international currency but I am also sure that if it us recognized as international currency then government will ban it in very short time because there is no rules and regulations in bitcoin and even no taxes also
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Labumi
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November 03, 2016, 01:10:16 PM |
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the day is not very far because more and more notion adoption is taking place and people are coming to know it's importance and advantages. So i think in very near future we could see bitcoin as international currency but I am also sure that if it us recognized as international currency then government will ban it in very short time because there is no rules and regulations in bitcoin and even no taxes also
That is certainly true, and I really wanted a bitcoin is going to be one currency that is used by many people in the world or even became the first currency in the world. But it's all also depends on user bitcoin bitcoin or growth, so if we want to get it all then we also have to fight in the growth of the bitcoin. The higher growth of the bitcoin then the higher the chance we get the profit |
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genos
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November 03, 2016, 01:13:37 PM |
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the day is not very far because more and more notion adoption is taking place and people are coming to know it's importance and advantages. So i think in very near future we could see bitcoin as international currency but I am also sure that if it us recognized as international currency then government will ban it in very short time because there is no rules and regulations in bitcoin and even no taxes also
I think bitcoin is already being international currency becouse bitcoin is used by people in different country. But if you mean is bitcoin accepted as international currency, I think you are right, and I am agree with you. It will happen in a short time. |
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Milkduds
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November 03, 2016, 04:54:37 PM |
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The only real issue for me as to why it is not a universal currency is that its tied frequently to the USD and that is done for a lot of things but it would be nice to see some separation from it as well.
Its used everywhere,so it is global in my books,but you could argue the USD is also a global currency.
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