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Author Topic: Bitcoin world currency  (Read 5776 times)
dekafee79
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March 25, 2018, 09:06:10 PM
 #321

is it possible that we can use bitcoins in buying all commodities not only in one country but the entire wold? and how will this affect the economy.


that's my hope, we'll see. if the development of bitcoin is good and many people use it, I think being the world currency is possible,
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March 25, 2018, 09:18:28 PM
 #322

is it possible that we can use bitcoins in buying all commodities not only in one country but the entire wold? and how will this affect the economy.

its possible, if bitcoin in entire country legal. because bitcoin is very prospective.
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March 26, 2018, 12:19:48 AM
 #323

If I think it is possible for bitcoin in the future can be utilized for the transaction process so with the existence of this news directly able to make someone become more helped when want to buy goods in other countries.

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March 26, 2018, 01:41:54 AM
 #324

If I think it is possible for bitcoin in the future can be utilized for the transaction process so with the existence of this news directly able to make someone become more helped when want to buy goods in other countries.


It made possible for bitcoin to happen making a world currency in the future if the country and the government can utilized the procedure making the real economic and digital economic can be managed proper for the sake of the economic stability of the world.
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March 26, 2018, 07:10:53 AM
 #325

Yes this is possible that the bitcoin will commodate the whole world as one currency. It is one of the goal of bitcoin to become one currency use all over the world. This may affect to the economy as a big change to adjust for exchanging money.
It is too early to say anything like this. There is no way to deny the capabilities of the bitcoin but still we need to admit this thing that it has not been so long for this world to get to know about bitcoin and that most of the people will not accept bitcoin this soon. It will take lot of time for things to settle down and to turn in the favor the ones who have invested their money into bitcoin. This can happen but will happen after certain time.
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March 26, 2018, 07:22:35 AM
 #326

is it possible that we can use bitcoins in buying all commodities not only in one country but the entire wold? and how will this affect the economy.

it seems that bitcoin will be difficult to serve as world currency because I know the total supply of bitcoin is very limited whereas many people in the world want bitcoin and it seems that it is not too efficient if bitcoin is used all over the country because it is certain the price will be very expensive including the shipping cost it will also be very expensive.
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March 26, 2018, 07:57:11 AM
 #327

this can be effect for some country if they use it for asset it will make their economy increase. and i think if it for buy some thing, it dont get effect because the good price will follow bitcoin value.
it possible if all of country accepted bitcoin, but in a fact its not be happen

 
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March 26, 2018, 09:41:44 AM
 #328

is it possible that we can use bitcoins in buying all commodities not only in one country but the entire wold? and how will this affect the economy.

Definitely yes! It is possible that we use bitcoin in buying all commodities in the entire world. Bitcoin is mark of the beast, one world currency.
It would make sense that a cryptocurrency would be used to usher in a one world currency and the antichrist.
Logistically, you could never have the same paper fiat all over the world acting as a one world currency. It would have to be a digital currency.
However, the fact that Bitcoin, the block chain, is decentralized, makes one wonder if it could be controlled by the antichrist. The antichrist would have to take over the internet.
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March 26, 2018, 04:25:23 PM
 #329

is it possible that we can use bitcoins in buying all commodities not only in one country but the entire wold? and how will this affect the economy.

I think it's likely possible in the future, a lot of establishments and organizations nowadays are accepting cryptocurrency as payment and donations.
It's quite a similar to what's been mentioned above, with features like this it will make a positive impact on any economy to say the least. It's also
a great utilization process for bitcoins and cryptocurrency. With bitcoin's popularity everywhere, it's bound to breach industries and businesses,
allowing it the possibility and the privileged to be utilized in such a unique and commercial way. It's an innovative approach and with it, bitcoin
has another achievement added to it's numerous success all throughout.
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March 26, 2018, 05:39:21 PM
 #330

In my opinion,Btc is becoming a world currency.It may not be fully yet because all countries haven't yet taken Btc legally.After that,there are many countries and places where Btc is valid and there is work going on through Btc.Hopefully within a few years,Btc will be accepted by all countries and will become world currency.

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March 26, 2018, 05:50:58 PM
 #331

In my opinion,Btc is becoming a world currency.It may not be fully yet because all countries haven't yet taken Btc legally.After that,there are many countries and places where Btc is valid and there is work going on through Btc.Hopefully within a few years,Btc will be accepted by all countries and will become world currency.

For me, it is already a currency that can be transacted in the whole world, but it is not a world currency and it won't be. A lot of countries are accepting Bitcoin but there are still some that do not accept it because it is volatile and decentralized. It will not be a "world currency" as long as there are a lot of countries that do not accept it, well, it will not be.

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March 26, 2018, 06:30:47 PM
 #332

It has been a little over nine years since Satoshi Nakamoto, the once anonymous creator of Bitcoin, published a paper entitled Bitcoin: A Peer-to-Peer Electronic Cash System. Ignored for many years, Bitcoin and other cryptocurrencies have since risen to prominence and economists, traders, financial gurus, central bankers and other financial authorities are taking notice. Bitcoin recently rose to above US$ 19,000 for the first time, growing from US$ 1000 in January 2017.  In February 2018 it dropped to around US$ 6,000, creating rumours that the crypto bubble was finally bursting. Meanwhile Ethereum has risen 9,000 percent in the last year.  Although the huge growth and profits of Bitcoin have been making all the headlines, its greatest contribution may be the technologies behind it. The original concept of Bitcoin was to create an electronic currency that would allow electronic payments to be sent from one party to another without the need for a central intermediary using blockchain technology.
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March 26, 2018, 07:25:16 PM
 #333

Bitcoin cannot be the world's currency.

Money has to be stable because other goods are priced.

BTC is no another reason of currency liquidation is too slow, confirm that at least 10 minutes, high fee is another issue, micropayments not reality, he is a good demand, the black market because there are too many anonymity is more important than 10 minutes.
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March 26, 2018, 07:32:04 PM
 #334

is it possible that we can use bitcoins in buying all commodities not only in one country but the entire wold? and how will this affect the economy.

Yes it is actually possible, amazon today is already using bitcoins as a payment for their goods but the problem about cryptocurrency is that, the market is volatile that's why other companies and online stores are still doubting if they will accept cryptocurrency or not.

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March 26, 2018, 07:35:55 PM
 #335

If I think it is possible for bitcoin in the future can be utilized for the transaction process so with the existence of this news directly able to make someone become more helped when want to buy goods in other countries.

Bitcoin is not working in low class people majority of the people are still live in the middle class life so it is not possible and it is not a right decision by this situation in future it may be possible.

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March 26, 2018, 08:27:10 PM
 #336

In my opinion,Btc is becoming a world currency.It may not be fully yet because all countries haven't yet taken Btc legally.After that,there are many countries and places where Btc is valid and there is work going on through Btc.Hopefully within a few years,Btc will be accepted by all countries and will become world currency.
Yes that is right that bitcoin has the ability to use it throughout the world equally and without converting it into fiat currency therefore we can say that bitcoin is a world currency. Bitcoin will become popular with the passage of time and even in backward countries people will start using bitcoin, because bitcoin is now becoming the basic need of our life.
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March 26, 2018, 10:11:33 PM
 #337

In my opinion,Btc is becoming a world currency.It may not be fully yet because all countries haven't yet taken Btc legally.After that,there are many countries and places where Btc is valid and there is work going on through Btc.Hopefully within a few years,Btc will be accepted by all countries and will become world currency.
Bitcoin can completely become the global currency because it meets most of the online payment and financial management needs of the society. Community support for bitcoin shows their interest in securing and securing their assets, although the transaction time is slow but I think bitcoin will improve this in time to meet the needs of the whole world.

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March 26, 2018, 10:19:07 PM
 #338

is it possible that we can use bitcoins in buying all commodities not only in one country but the entire wold? and how will this affect the economy.

Actually the volatile market is really the profitable in the industry of cryptocurrency and this is the reason why japan is also investing on bitcoins and legalize cryptocurrency in their country because they believe that it can really improve their own economy.

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March 27, 2018, 01:23:41 AM
 #339

is it possible that we can use bitcoins in buying all commodities not only in one country but the entire wold? and how will this affect the economy.
It has the right time for that. Just think what is happening now. But if the time comes in the future, many people will hug it because many people will see the good value of a bitcoin.
I do agree with you that gradually bitcoin is getting more valuable and people are investing in bitcoin because it has more potential than any other currency, at start bitcoin was not that famous but now everyone knows about bitcoin which mean bitcoin is popular worldwide. As time passing everything is getting digital so I think bitcoin will be the only currency in future that people will need to use and they will trust to invest,
Bitcoin can become popular in the future but the chance for bitcoin to become a currency is extremely hard. As you can see, there is only 21 million bitcoin on the planet and moreover, about 16 million bitcoin have lost and can not be used. Moreover, the transaction speed is not fast which means it can not maintain a huge number of people around the world

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March 27, 2018, 05:57:14 AM
 #340

is it possible that we can use bitcoins in buying all commodities not only in one country but the entire wold? and how will this affect the economy.

Actually the volatile market is really the profitable in the industry of cryptocurrency and this is the reason why japan is also investing on bitcoins and legalize cryptocurrency in their country because they believe that it can really improve their own economy.

and if the other country follows what Japan did, I think they have the opportunity to improve their economy and I am sure that their people can increase the personal income of the people. and after many countries realize about this, bitcoin slowly could be world currency and more people will know bitcoin and will learn more about bitcoin.

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