What if all nations of the world started to use bitcoin

[senyorito123]

This will increase the price of coins, but you need to improve the system so that there are no failures due to a huge number of transactions.

I agree. And I think that the bitcoin blockchain system can never maintain a huge number of transaction daily if the whole world starts using Bitcoin. There will be another altcoin strong enough to sweep Bitcoin away

Those problems that we are experiencing will surely be fix when all the nations are already using and adopted bitcoin. And it's a thing that will make the price to pump, the demand will be higher and the supply will be lesser and I guess when it happens, satoshi's / bits will be more valuable by that time and has a very good value.

Well you're idea is acceptable and if nations will adopt bitcoin I think many hardworking people will have profitable income in the future. More individuals will gain good fianancial sources that can help them with their daily spending particularly with the support of food budget and basic needs like for education of the children as well as other spenses for family bonding like going to malls; and also buying things needed to look better. Lifestyle will be improving if all nations will adopt this kind of digital currency and cashless society will be promoted.

[batang_bitcoin]

This will increase the price of coins, but you need to improve the system so that there are no failures due to a huge number of transactions.

I agree. And I think that the bitcoin blockchain system can never maintain a huge number of transaction daily if the whole world starts using Bitcoin. There will be another altcoin strong enough to sweep Bitcoin away

Those problems that we are experiencing will surely be fix when all the nations are already using and adopted bitcoin. And it's a thing that will make the price to pump, the demand will be higher and the supply will be lesser and I guess when it happens, satoshi's / bits will be more valuable by that time and has a very good value.

Well you're idea is acceptable and if nations will adopt bitcoin I think many hardworking people will have profitable income in the future.

Yes that will attract a lot of people because it's either they will be forced to use bitcoin since many are using it or it will be implemented by the government or it will be declared as a safe and recommended crypto currency. But if ever this will happen then there will be doors opening for other alt coins as well, it's possible.

[YuginKadoya]

If all countries use bitcoin, must be able to provide free internet to all countries. Because it will be used by everyone.

For some countries this is possible but here in my country this is all about business. Big companies will take the chance of earning with the internet connection of bitcoin. It is good for us that are into bitcoin while it is still good as early but for those people that will enter bitcoin lately, it will not be an easy thing for them.

As a matter of fact, some countries provide free internet already in public areas such as park, malls, etc. On the other hand, I would not agree that the internet will be fully free for all. Just think about the quality they will provide if that happens, I would think that the internet will be so slow because ISPs gives good quality of service if they are paid high enough.

That's a fact in other countries and places but here in my country, you won't see a place like that. There might be "wifi zone" but don't expect that you can connect to the network easily. There are people that instead of connecting to that wifi zone places they are ordering some coffee at Starbucks just for them to be able to have access in the internet. I don't expect that free internet will happen even all countries will use bitcoin.

It is a mere dream that certain countries would have it, and not all county has the same thing in common and the internet is a huge thing other countries does not progress in, sad to say is my country is just like what you have in your country even if there are more room to make a progress the government don't want it, well maybe some countries government really is preventing their people from using bitcoin and by doing this they can lessen the people using it.

Just like what I said internet is a big business in the entire world. Big companies are taking advantage about it and well it's hard to think that bitcoin will be known worldwide and all the nations will start to use bitcoin. But still we don't know what is going to happen about bitcoin, there is a chance and there is also the opposite.

Yes there are certain other business that exactly need internet access and a lot of people can do this kind of stuff but what people need in bitcoin is a certain knowledge to really earn with it, and we can certainly know what is up for us in the future of bitcoin, we can never say what will happen in the impending major events that might happen that can impact bitcoin value!

[whizter]

This will increase the price of coins, but you need to improve the system so that there are no failures due to a huge number of transactions.

I agree. And I think that the bitcoin blockchain system can never maintain a huge number of transaction daily if the whole world starts using Bitcoin. There will be another altcoin strong enough to sweep Bitcoin away

Those problems that we are experiencing will surely be fix when all the nations are already using and adopted bitcoin. And it's a thing that will make the price to pump, the demand will be higher and the supply will be lesser and I guess when it happens, satoshi's / bits will be more valuable by that time and has a very good value.

Well you're idea is acceptable and if nations will adopt bitcoin I think many hardworking people will have profitable income in the future.

to me i think it is already the future of bitcoin that all the people of the world will accept bitcoin as legal currency and then all the people will be using for online shopping as well as they will also use it in local shops for shopping and so many other purposes. i think the trend of new generation is already toward online shopping ans business therefore they can have bitcoin as the best option for fulfilling their wishes.

[Doms]

Bitcoin has the potential to be the currency that everyone in the future will use because of its advantages over our current fiat system. The problem however lies in the congestion of transactions and the fees that keep increasing. Even if bitcoin’s price increases significantly over the years, if we continue to encounter problems with delayed transactions, it will always be just another currency that caters to a niche market. People will tend to hold it more for investment rather than as a currency.

[SoulBargain]

This will increase the price of coins, but you need to improve the system so that there are no failures due to a huge number of transactions.

I agree. And I think that the bitcoin blockchain system can never maintain a huge number of transaction daily if the whole world starts using Bitcoin. There will be another altcoin strong enough to sweep Bitcoin away

Those problems that we are experiencing will surely be fix when all the nations are already using and adopted bitcoin. And it's a thing that will make the price to pump, the demand will be higher and the supply will be lesser and I guess when it happens, satoshi's / bits will be more valuable by that time and has a very good value.

Well you're idea is acceptable and if nations will adopt bitcoin I think many hardworking people will have profitable income in the future.

Yes that will attract a lot of people because it's either they will be forced to use bitcoin since many are using it or it will be implemented by the government or it will be declared as a safe and recommended crypto currency. But if ever this will happen then there will be doors opening for other alt coins as well, it's possible.

Bicoin has its room of improvements and I expect for it to cope with the demand of its users worldwide and also if government would decide to legalize it in their respective country then I'm sure that they will help improve the system of bitcoin and also the advantages and benefits of bitcoin has its very sharp edge for other alt coins to touch it.

[Pettuh4]

This will increase the price of coins, but you need to improve the system so that there are no failures due to a huge number of transactions.

I agree. And I think that the bitcoin blockchain system can never maintain a huge number of transaction daily if the whole world starts using Bitcoin. There will be another altcoin strong enough to sweep Bitcoin away

Well currently it's fair to say that but what if there's a solution for a possible change in block size which will be agreed by all ? That's why I hate conclusive statements because nobody knows tomorrow.

[npredtorch]

This will increase the price of coins, but you need to improve the system so that there are no failures due to a huge number of transactions.

I agree. And I think that the bitcoin blockchain system can never maintain a huge number of transaction daily if the whole world starts using Bitcoin. There will be another altcoin strong enough to sweep Bitcoin away

Well currently it's fair to say that but what if there's a solution for a possible change in block size which will be agreed by all ? That's why I hate conclusive statements because nobody knows tomorrow.

If you think the whole world will use it, I'm sure that they will try to catch up to to the furthest development for of the bitcoin project. People all over the world, programmers, developers etc will combine all knowledge to make an extraordinary update for bitcoin. Why would the whole world use a limited blockchain system? 

[DoublerHunter]

This will increase the price of coins, but you need to improve the system so that there are no failures due to a huge number of transactions.

I agree. And I think that the bitcoin blockchain system can never maintain a huge number of transaction daily if the whole world starts using Bitcoin. There will be another altcoin strong enough to sweep Bitcoin away

Well currently it's fair to say that but what if there's a solution for a possible change in block size which will be agreed by all ? That's why I hate conclusive statements because nobody knows tomorrow.

If you think the whole world will use it, I'm sure that they will try to catch up to to the furthest development for of the bitcoin project. People all over the world, programmers, developers etc will combine all knowledge to make an extraordinary update for bitcoin. Why would the whole world use a limited blockchain system? 

That is the only problem for bitcoin to be used in all nations of the world; being limited in terms of supply. If bitcoin was unlimited to its supply then there  is possibility to be adopted by the people around the world and their nation. But the disadvantage for that is bitcoin will become cheaper and more stable which most of us don't link because one of the things that make us interested in bitcoin is its price and being volatile.

[TimeManLove]

This will increase the price of coins, but you need to improve the system so that there are no failures due to a huge number of transactions.

I agree. And I think that the bitcoin blockchain system can never maintain a huge number of transaction daily if the whole world starts using Bitcoin. There will be another altcoin strong enough to sweep Bitcoin away

Well currently it's fair to say that but what if there's a solution for a possible change in block size which will be agreed by all ? That's why I hate conclusive statements because nobody knows tomorrow.

If you think the whole world will use it, I'm sure that they will try to catch up to to the furthest development for of the bitcoin project. People all over the world, programmers, developers etc will combine all knowledge to make an extraordinary update for bitcoin. Why would the whole world use a limited blockchain system? 

Is the project bitcoin missed something. It seems to me that this system is developing steadily and systematically. Yes, there are some problems, but they can still be solved. I'm talking about a long confirmation of transactions

[CuriousGeorge]

This will increase the price of coins, but you need to improve the system so that there are no failures due to a huge number of transactions.

I agree. And I think that the bitcoin blockchain system can never maintain a huge number of transaction daily if the whole world starts using Bitcoin. There will be another altcoin strong enough to sweep Bitcoin away

Well currently it's fair to say that but what if there's a solution for a possible change in block size which will be agreed by all ? That's why I hate conclusive statements because nobody knows tomorrow.

If you think the whole world will use it, I'm sure that they will try to catch up to to the furthest development for of the bitcoin project. People all over the world, programmers, developers etc will combine all knowledge to make an extraordinary update for bitcoin. Why would the whole world use a limited blockchain system? 

Is the project bitcoin missed something. It seems to me that this system is developing steadily and systematically. Yes, there are some problems, but they can still be solved. I'm talking about a long confirmation of transactions

then why the problem hasn't been solved yet? the long confirmation problem have been there from a long time ago and it's still unsolved

[Xester]

This will increase the price of coins, but you need to improve the system so that there are no failures due to a huge number of transactions.

I agree. And I think that the bitcoin blockchain system can never maintain a huge number of transaction daily if the whole world starts using Bitcoin. There will be another altcoin strong enough to sweep Bitcoin away

Those problems that we are experiencing will surely be fix when all the nations are already using and adopted bitcoin. And it's a thing that will make the price to pump, the demand will be higher and the supply will be lesser and I guess when it happens, satoshi's / bits will be more valuable by that time and has a very good value.

If all countries will adopt bitcoin then the price of bitcoin will no longer increase but become fixed since the government will make a move to make the price of bitcoin stable. The only change in bitcoins value is when the US dollars value will increase. But it is a long way to go and we are still uncertain if who among our ideas will occur but hopefully there is a bright future in bitcoin.

[stompix]

This will increase the price of coins, but you need to improve the system so that there are no failures due to a huge number of transactions.

I agree. And I think that the bitcoin blockchain system can never maintain a huge number of transaction daily if the whole world starts using Bitcoin. There will be another altcoin strong enough to sweep Bitcoin away

Those problems that we are experiencing will surely be fix when all the nations are already using and adopted bitcoin. And it's a thing that will make the price to pump, the demand will be higher and the supply will be lesser and I guess when it happens, satoshi's / bits will be more valuable by that time and has a very good value.

If all countries will adopt bitcoin then the price of bitcoin will no longer increase but become fixed since the government will make a move to make the price of bitcoin stable. The only change in bitcoins value is when the US dollars value will increase. But it is a long way to go and we are still uncertain if who among our ideas will occur but hopefully there is a bright future in bitcoin.

Which government?

Because there would have to be a consensus for that .
And we're barely managing to have a consensus between 20 miners and 10 developers what are we going to do with 230 goverments with different politics and left/right views?

[ivanpoldark]

In nearest future impossible to imagine that all nations started to use bitcoin, because every country has its own financial system, tax income, money emission and inflation. It is a huge control lever over masses.

[speem28]

If all countries use bitcoin, must be able to provide free internet to all countries. Because it will be used by everyone.

For some countries this is possible but here in my country this is all about business. Big companies will take the chance of earning with the internet connection of bitcoin. It is good for us that are into bitcoin while it is still good as early but for those people that will enter bitcoin lately, it will not be an easy thing for them.

As a matter of fact, some countries provide free internet already in public areas such as park, malls, etc. On the other hand, I would not agree that the internet will be fully free for all. Just think about the quality they will provide if that happens, I would think that the internet will be so slow because ISPs gives good quality of service if they are paid high enough.

Yes, I agree with you, providing free internet in public places will not have that much benefit for people. As many people will use the internet in places that they will have free internet. I'm sure the internet speed will be slow, especially in my country, where we were ranked as one of the lowest country with poor internet connection.

[Wandering Soul~]

If all countries use bitcoin, must be able to provide free internet to all countries. Because it will be used by everyone.

For some countries this is possible but here in my country this is all about business. Big companies will take the chance of earning with the internet connection of bitcoin. It is good for us that are into bitcoin while it is still good as early but for those people that will enter bitcoin lately, it will not be an easy thing for them.

As a matter of fact, some countries provide free internet already in public areas such as park, malls, etc. On the other hand, I would not agree that the internet will be fully free for all. Just think about the quality they will provide if that happens, I would think that the internet will be so slow because ISPs gives good quality of service if they are paid high enough.

Yes, I agree with you, providing free internet in public places will not have that much benefit for people. As many people will use the internet in places that they will have free internet. I'm sure the internet speed will be slow, especially in my country, where we were ranked as one of the lowest country with poor internet connection.

You're all right if all of that happens now but since our technology is rapidly increasing we can expect better things in the future . I also have the same situation as you, My country is one of the slowest but expensive internet connection although our government is currently searching for a solution to this problem . One things for sure, if things like free worldwide internet connection and all nations accepting bitcoin will happen, It won't happen anytime soon .

[JL421]

If that would be the case then bitcoin is mostly over. The prices will rise to some 10k but no use the transactions speed will be slow. It would 48 hours to process a payment with some 10$ fees. The low fees payments can take months.

[johnwest]

If that would be the case then bitcoin is mostly over. The prices will rise to some 10k but no use the transactions speed will be slow. It would 48 hours to process a payment with some 10$ fees. The low fees payments can take months.

Even Bitcoin will get adopted and developed for those situations. If the governments start using BTC then they will surely think about its development but the anonymity will be a big hurdle for them as they will not be knowing about most of the transaction senders and receivers.

[batang_bitcoin]

This will increase the price of coins, but you need to improve the system so that there are no failures due to a huge number of transactions.

I agree. And I think that the bitcoin blockchain system can never maintain a huge number of transaction daily if the whole world starts using Bitcoin. There will be another altcoin strong enough to sweep Bitcoin away

Those problems that we are experiencing will surely be fix when all the nations are already using and adopted bitcoin. And it's a thing that will make the price to pump, the demand will be higher and the supply will be lesser and I guess when it happens, satoshi's / bits will be more valuable by that time and has a very good value.

Well you're idea is acceptable and if nations will adopt bitcoin I think many hardworking people will have profitable income in the future.

Yes that will attract a lot of people because it's either they will be forced to use bitcoin since many are using it or it will be implemented by the government or it will be declared as a safe and recommended crypto currency. But if ever this will happen then there will be doors opening for other alt coins as well, it's possible.

Bicoin has its room of improvements and I expect for it to cope with the demand of its users worldwide and also if government would decide to legalize it in their respective country then I'm sure that they will help improve the system of bitcoin and also the advantages and benefits of bitcoin has its very sharp edge for other alt coins to touch it.

It will be on a room of improvement and it's already on the room waiting for some upgrades that should be done. The bitcoin surely will pump the government will play a very important role for making the belief of many about bitcoin from negative to positive. They might improve the system but not totally all about it, mostly with regulation.

[Monnt]

If that would be the case then bitcoin is mostly over. The prices will rise to some 10k but no use the transactions speed will be slow. It would 48 hours to process a payment with some 10$ fees. The low fees payments can take months.

Even Bitcoin will get adopted and developed for those situations. If the governments start using BTC then they will surely think about its development but the anonymity will be a big hurdle for them as they will not be knowing about most of the transaction senders and receivers.

Yeah, I agree, the only way governments will agree on making bitcoin as a legal currency is if we agree on giving up one of its best quality which is being anonymous, and if that happens than the bitcoin will go down because most of the bitcoin market is powered by illegal actions that take place in shadows of the net, otherwise what benefits will they have in doing so, I think that is why they haven’t made any decisions regarding regulating bitcoin.