When will be see bitcoin as international currency?

[Fortress12345]

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

It will take so many years more or it will not happen. Even bitcoin is popular in many countries, there still many people don’t know what bitcoin is. Bitcoin’s price fluctuation can also be reason. Even though bitcoin is used in the whole world in transacting it is limited only for those who knows bitcoin so I think it still not an international currency. And maybe not all countries in the world knows it too, like those who are in the remote areas that don’t have any internet provider.

[redsun114]

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

It will take so many years more or it will not happen. Even bitcoin is popular in many countries, there still many people don’t know what bitcoin is. Bitcoin’s price fluctuation can also be reason. Even though bitcoin is used in the whole world in transacting it is limited only for those who knows bitcoin so I think it still not an international currency. And maybe not all countries in the world knows it too, like those who are in the remote areas that don’t have any internet provider.

With the introduction of  smart phones the internet accessibility become so easier and cheaper one. Now a days I think that more than sixty percent will have the aforesaid facility and that is the reason that bitcoin is becoming the most popular crypto currency in the universe. The time will come very soon when all your mentioned limitations will come to an end and each and every individual will invest in bitcoin for better future.

[Mrsmants]

Bitcoin is already an international forex, there are couple of international locations that prohibit the use of it. I consider what is required for the ecosystem is a more substantial number of users.

[Michael_Gims]

Bitcoin is already a transnational currency. It's just informal, not official.

[julzcoinbit]

Bitcoin is already an international forex, there are couple of international locations that prohibit the use of it. I consider what is required for the ecosystem is a more substantial number of users.

Same thing here, I,think bitcoin is already an international currency, as you can see the user of bitcoins from all over the world.I think if the government will accept bitcoin which it will become more stable position and hope that more people will adopt bitcoin.

[iyan33]

It may be that bitcoin functions have become an international currency but certainly not with legality, there are still many illegal countries about bitcoin, but over time it can slowly gain trust from various parties to bitcoin.

[Anfisman]

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

I think by looking at the current development of bitcoin it is not impossible one day we will see bitcoin used as International currency. but before that happens there are some requirements that must be owned by bitcoin if you want to be recognized as the International currency.
1. There is recognition and approval from other countries, in other words there must be many countries that have legalized bitcoin.
2. The number of scattered bitcoins should be sufficient for the needs of the international community.
3. Bitcoin must be able to maintain the belief of the world community that this currency is worthy of international currency.

I am sure if this can be fulfilled, then bitcoin can become the International currency.

[Mailly]

Bitcoin is presently an intercontinental currency, there are couple of nations that prohibit the use of it. I consider what is necessary for the ecosystem is a bigger variety of consumers.

[f1tz14]

As other members have stated it kind of already is an international currency, though within 5 years I think most countries will have to formalise it as 'legal' as so many transactions will be undertaken. Some countries already are rolling out vending machines and over the counter sales, once that balloons then it will be adopted globally in my opinion.

I see it much like vapes tbh, they have had a lot of legal questions around them but you can now see vendors popping up all over the place.

[Colt81]

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

Well, I believe that it will become international currency in the near future and I hope it would happen. In addition to that, as of now we use bitcoin as a currency and money so that I see the potential of bitcoin that it will become our world currency and many people believe on that.

[SeanNGullett]

Everyone in the world started using it, it started global, international currency. Today I think it is used on all continents. It will be officially recognized as such. bitcoin as good currency for now it takes time to accept bitcoin in that country some countries where people populate they are using bitcoin now as currency where they use it as money to buy online or to pay with a monthly bill. bitcoin as the international currency is bitcoin replacing fiat as the main currency i think will not happen in the near future. Bitcoin still needs further improvement to be accepted in all countries around the world.

[ivrynx]

If you look at it, as long as you have access to internet and bitcoin wallets, that has bitcoin, you may able to transfer your bitcoin around the world, as long as you are transferrig it to someone who also have bitcoin wallet, making it already international, i think the world will accrpt bitcoin as an international currency when something tragic happens, like another financial depression. Right now bitcoin's price is hig enough to battle not only inflation but also hyperinflation, if an event like that happened, people will try to look for something of value to trade and bitcoin, given its value, will become a fortune by that time, and countries would then legalize bitcoin in order to save its citizens, however an event like that might not happen any time now, since fiat is being backed up by banks and some of them are bad mouthing bitcoin, hopefully, all of this will change and they may come to realize that bitcoin is there chance of hope and another great depression will not come into play.

[Zenithar]

Everyone in the world started using it, it started global, international currency. Today I think it is used on all continents. It will be officially recognized as such. bitcoin as good currency for now it takes time to accept bitcoin in that country some countries where people populate they are using bitcoin now as currency where they use it as money to buy online or to pay with a monthly bill. bitcoin as the international currency is bitcoin replacing fiat as the main currency i think will not happen in the near future. Bitcoin still needs further improvement to be accepted in all countries around the world.

To me i think that many countries are in process to accept insist of masses and think seriously about bitcoin regularization. The time is not so far that bitcoin will rule over the market being a king currency legally because the worlds’ countries would be compel to accept bitcoin as a legal currency across the world due to massive pressure of masses and immense involvement of people in bitcoin business. i am even hopeful that China will review their decision and will very soon turn bitcoin as legal currency.

[jungleMonkey]

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

Most likely this will never happen. I think that the narrowly applied crypto currency will find its place in the world.

I believe that now we can say so for sure, after the ban, the crypto currency in China. But China is the 2nd or 3rd economy of the world. In addition, highly developed South Korea banned the ICO.

The US has not yet spoken out. But we can be confident that there will be zakonadatelnye regulation of crypto currency and ICO.

[Gerharde]

In my opinion what I can see and say right now is that bitcoin can only be seen as an international currency once the governments and banks of several countries decided to make it legal. Gaining support from different governments and banks requires a lot of time and reviews from their end. If they are able to determine its use and value then maybe ten years from now we can see bitcoin as an international currency.

[Rahul20]

Bitcoin already is the most international currency in the world.Now a days I think that more than sixty percent will have the aforesaid facility and that is the reason that bitcoin is becoming the most popular crypto currency in the universe. Bitcoin must be able to maintain the belief of the world community that this currency is worthy of international currency.

[bitorama]

I think now it is, with more and more countries accept it

[Harry1v]

Bitcoin is now an international currency, but the current recognition is not very high, bit currency really become an international currency, but also a long time.

[MommyElsa]

When the world are using bitcoin as a digital currency. When all are in favor of bitcoin and no more negative comments, news about it, no more wrong or false accusations.

[_noname_]

When the world are using bitcoin as a digital currency. When all are in favor of bitcoin and no more negative comments, news about it, no more wrong or false accusations.

bitcoin is famous very quickly due to which the interest of people is also increasing day by day and they are also investing in bitcoin due to which the rate of bitcoin increasing very quickly and in future it is more expected that bitcoin will become and international currency because various countries like japan south korea are taking a great interest in bitcoin.