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Author Topic: Bitcoin will control the world economy!!!!! is it true?  (Read 8921 times)
Lampaster
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September 30, 2017, 01:02:42 PM
 #161

Bitcoin is on its way to controlling the world economy yes. I'd even say it's already controlling the world economy as more and more people are joining the network everyday as they're becoming live to the fact that a centralized economy is not the one they want.
This will not happen. Imagine that all the people tomorrow decided to switch to bitcoins. Who will work in factories, take out the garbage and so on. Economy the real sector will always stick by the Fiat and regulation by the government.
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September 30, 2017, 08:56:39 PM
 #162

No!,, Bitcoin cannot control the world economy and different country cannot allow it. The contribution of bitcoin in world economy is in only in small percentage because bitcoin is transparent and no one can touch it. Bitcoin purpose is for digital purpose and without internet access bitcoin is useless.
This is something really difficult to comment on. We all know this thing that future is unpredictable. You can expect anything to happen in coming days. I am very confident that Bitcoin will bring a lot of wonders to this world. It is very much possible that Bitcoin will be able to take control of world’s economy in the future.
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October 02, 2017, 12:55:55 PM
 #163

Very unlikely, but will it play a major role in the future? This is very possible.
Bitcoins are in a common use as a source of earning capital or are kept in the form of digital currency by most of the people. Despite of its fame, the fact that it has yet been not legalized by the governmental systems restrains it from becoming controller of world’s economy.

The basic economic plan of the countries lies entirely upon the fiats or conventional money. Bitcoins could only improve the financial situation of a country by adding to people’s income.
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October 02, 2017, 01:24:21 PM
 #164

Some media shows that bitcoin can be the next weapon to control the world economy. i think it is true and it will be seen soon. 

As we expect to believe, People wants Bitcoin to be the replacement of our conventional currency. For me Bitcoin will have a long way journey for it to be accepted worldwide. And I believe on what you says, that is probable. Since we consider Bitcoin as money, and people who have a lots of money can do a lot of stuff to control. Then that is possible that Bitcoin can be use as a weapon to control the economy. And we can't tracked it who, because of its natural features as anonymity.

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October 02, 2017, 01:53:13 PM
 #165

If contemplated, is very possible. Bitcoin can be used to control the world. More that plunge in bitcoin, more bitcoin reach extends. With its superiority, bitcoin can be a weapon for capitalists to grasp the world stronger.
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October 02, 2017, 03:58:28 PM
 #166

If contemplated, is very possible. Bitcoin can be used to control the world. More that plunge in bitcoin, more bitcoin reach extends. With its superiority, bitcoin can be a weapon for capitalists to grasp the world stronger.
All users hope so, but we have to be realistic that currently bitcoin market share is still very small, bitcoin will control the world economy if market share beat the dollar, and it takes a long time and I'm sure it's hard to achieve.


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cexylikepie
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October 02, 2017, 04:06:56 PM
 #167

If contemplated, is very possible. Bitcoin can be used to control the world. More that plunge in bitcoin, more bitcoin reach extends. With its superiority, bitcoin can be a weapon for capitalists to grasp the world stronger.
That's right if the future of Bitcoin will happen as your said, but you have to remember, the government will have not much profitability and they will consider before accept it for capitalists. However, the economy and finance also are controlled by a hidden influence, maybe they are richest man and also use Bitcoin Roll Eyes
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October 02, 2017, 04:35:56 PM
 #168

Bitcoin is on its way to controlling the world economy yes. I'd even say it's already controlling the world economy as more and more people are joining the network everyday as they're becoming live to the fact that a centralized economy is not the one they want.
Yeah it has already did more than this because it is getting more famous and there are a lot of the chances for the people who want to use bitcoin if you will invest in bitcoin it will make the currency of the country disappear. It is paying the high transaction fees and it is the currency that is being invested by the people to pay the tax so it is goods for the economy of the country. There are a lot of jobs for the unemployed opportunity of the online job is very high. So yes it is making the life of the bitcoin users is very good.

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October 03, 2017, 06:32:39 PM
 #169

Some media shows that bitcoin can be the next weapon to control the world economy. i think it is true and it will be seen soon. 

As we expect to believe, People wants Bitcoin to be the replacement of our conventional currency. For me Bitcoin will have a long way journey for it to be accepted worldwide. And I believe on what you says, that is probable. Since we consider Bitcoin as money, and people who have a lots of money can do a lot of stuff to control. Then that is possible that Bitcoin can be use as a weapon to control the economy. And we can't tracked it who, because of its natural features as anonymity.
Yeah people of my country also want this. It is because the price of the bitcoin is much higher than the pother currency. In the past people were using bitcoin because they were trying to save their money safely for the long time but now people use bitcoin as the source of income and they are investing the high capital of their money in bitcoin only.

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October 06, 2017, 01:02:53 AM
 #170

Bitcoin will control the world economy yes! Because it is sound money and better than any other form of money that's humans have used to date. Limited supply and immutable ledger is why also.
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October 06, 2017, 09:09:13 AM
 #171

Some media shows that bitcoin can be the next weapon to control the world economy. i think it is true and it will be seen soon. 
It cannot control the world economy. Sure, it is a worldwide cryptocurrency and digital payment system that is decentralized which alone makes it worthwhile and it is glaring obvious it will be the most preferred method for everyone to use for payment purpose globally but it is only like every normal currency and I do not see the essence or the power it has as a tool or weapon as you so called it to control the economy.
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October 06, 2017, 09:14:46 AM
 #172

Possible! But it will take much time for it in the future. Blockchain techlonogy can be the next economical system. Surely in time it can be known and have the control in the future's economy.

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October 06, 2017, 09:14:55 AM
 #173

Maybe some day..but not in the next 2 decades. The system has evolved too much and as long as banks and governments are around, Bitcoin won't get access to the bigger part of the pie =/
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October 06, 2017, 10:30:29 AM
 #174

I think so, Bitcoin is becoming a popular and profitable business system nowadays, people are becoming dependent on this system because of the highly profitable system. if all people will come to this system in order to continue business then either Bitcoin will be banned or Bitcoin will dominate in the world economy.
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October 06, 2017, 01:33:02 PM
 #175

I think so, Bitcoin is becoming a popular and profitable business system nowadays, people are becoming dependent on this system because of the highly profitable system. if all people will come to this system in order to continue business then either Bitcoin will be banned or Bitcoin will dominate in the world economy.

All in due time. First bitcoin is technically rules the world economy from some perspective and second bitcoin will never be banned in all countries. OK some will ban it with some funny reason and other will try to control its flow in that particular country as much as possible. Think that bitcoin is phenomenon for most countries and that they still afraid to accept it and acknowledge it. But when this happens then we will see real bitcoin price charts.
 



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October 06, 2017, 02:28:12 PM
 #176

Maybe some day..but not in the next 2 decades. The system has evolved too much and as long as banks and governments are around, Bitcoin won't get access to the bigger part of the pie =/

Right. Control of the economy would be too much to ask for and would probably not happen at all considering that governments will never allow something they can't control take the reigns of he market

 
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October 06, 2017, 04:47:01 PM
 #177

Bitcoin is already controlling the world economy. People around the world are reacting to Bitcoin instead of acting against it. This is why they tried to stop it and this is why they don't like it. It's a protocol that has too much support to be stopped now.
The fact that people are responding to bitcoin being a preferred system or supporting it does not mean it will necessarily control the economy.
Over time, bitcoin will become more of a normal currency and payment system and I do not see how any government will ever allow it as their primary currency.

It sure cannot be stopped now as you said but I sure hope they do not find a way to control it via exchanges.
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October 06, 2017, 05:01:30 PM
 #178

Bitcoin has the potential to change the world economy. Yet it is far from controlling it.
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October 06, 2017, 05:08:17 PM
 #179

Maybe there would be a day when Bitcoin will control the world economy but the chances are very less I think because for anything to control the world economy it must be very influential and must be stable enough but Bitcoin isn't that stable, it is very volatile. If bitcoin manages to grow even more and becomes more stable then maybe Bitcoin would control world economy.
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October 06, 2017, 05:41:46 PM
 #180

Some media shows that bitcoin can be the next weapon to control the world economy. i think it is true and it will be seen soon.  
Yes, I agree with you what you said because bitcoin can control the world economy and especially now that has been powerful of bitcoin today.

I don't think so. Yes, BTC can be important some day in future, if it reach some high prices, and if it is adopted as a primary online currency. But I still don't see the way that world can function without paper money, or particularly without banks.

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