What if all nations of the world started to use bitcoin

[macartem]

It all depends on what it is that they start to actually use Bitcoin for.

[steampunkz]

It would be great if all the people in world uses bitcoin, It can cause fast transaction and any kind of matter, like in grocery shop, using bitcoins for paying plane, boat ticket, paying bills, paying food. Also safe because you can travel without putting  any money  in your pocket  just like a credit card. People may also use bitcoins for paying advertising in T.V and radio. The more important thins is to it will also bring world peace. Because of all us nation is reunited  as one because of using bitcoins.

[radjie]

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

[noictib]

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

I don't think that it will happen , If the whole world will use bitcoin then the whole world can't remain without internet  , so the need of the better internet the owners of the internet provider will charge more money by us to give better service.
But here we should be think about that the problem of confirmation will increase if it will happen , Because as the bitcoin network is growing the fee is increasing , so we can make estimate that it may be possible that in the future we need to pay more than 1$ ( regraless of the input and output transaction​ , minimum will remain $1/transaction)

[pinkpanther03]

What will happened if every country started to use bitcoin. Is the current supply of bitcoin and blockchain capacity can handle every bitcoin user?

Thanks in advance.

If that happen it will surely that each nation's their economy status will be in a progress status immediately, because all their citizens will going to use bitcoin to their daily lives and the price also increase as everybody expecting it to be happen. And the prediction will be fulfill too to become the the new world currency.

[johnnyyash]

It  will be a very welcome idea...cause it will become known and widely accepted...

[batang_bitcoin]

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.

[jc89]

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.

[SoulBargain]

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.

Also you can't really expect much of those free internet that they provide. The influence of Bitcoin to all the nations needs to qualify to the major qualifications of an individual that is they know how to use gadgets or internet which is a problem in countries that are poor and applicable to those who are wealthy enough to have access with this and next is for them to understand the Bitcoin itself. The definite solution I can think of regarding the internet to access Bitcoin is to make it to be accessed in a free data like facebook but I don't know if it is possible or not or how will it be.

[batang_bitcoin]

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.

[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.

[Meowth05]

If all nation continue using bitcoin maybe it can be the main currency in the world one digital currency will exist in the word and the world would start adopting the changes that is happening.

[Antoshka]

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.

[batang_bitcoin]

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.

[JENREM]

What will happened if every country started to use bitcoin. Is the current supply of bitcoin and blockchain capacity can handle every bitcoin user?

Thanks in advance.

It will be very good for the BTC if every country will start using it. Its value will skyrocket because of the limited supply of it. What concerns me is the capacity of the blockchain to handle the transactions of every user. I thinks the current state of blockchain will not be able to handle it and will produce serious problems in the network. The technology for blockchain should improve and progress for it to handle huge amount of transactions.

@janprix, exactly! it will skyrockets but i thing it will cause too a huge volumes of traffic transactions due to a large volumes who uses bitcoin. this my also result to higher fees for miners. i also agree that blockchain needs to improve and innovate more its current technlogy in order to meet the the massive transactions.


regards.

[Sanitough]

If all nations will use bitcoin, I think we who believe in bitcoin now will become very rich.
That is possible if we will not panic selling our bitcoin, we can see the price will grow faster and that is what we like.
I think that is possible but it will take time so we need to wait.

[Mr]

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

[TheGodFather]

What will happened if every country started to use bitcoin. Is the current supply of bitcoin and blockchain capacity can handle every bitcoin user?

Thanks in advance.

if its happen, bitcoin banks will be build and many stores in the market started to accepts bitcoin as one of the coins that they are accepting. It is also good for us , why? because in order for bitcoin to be live for a long time. It must be circulates.It must be spend not always to be invested. People needs to spend it in order for it to circulates like other coins worldwide.

[stompix]

If all nation continue using bitcoin maybe it can be the main currency in the world one digital currency will exist in the word and the world would start adopting the changes that is happening.

Nope.
You can't continue using something that you're not using right now.
And no nation in the world is using bitcoin right now.

People are using bitcoins and the chances of a nation adopting bitcoin right now are as big as going for the gold standard.
It won't happen too soon.Unfortunately....

[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.