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Author Topic: Bitcoin will control the world economy!!!!! is it true?  (Read 8437 times)
bgaf
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October 06, 2017, 05:32:20 PM
 #181

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. 

I think this is possible, but not too soon. As you can see, not everyone is aware of bitcoin, and not everyone has access to cryptocurrency. Maybe in the future, many years from now, bitcoin can be accepted as the main currency.

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October 06, 2017, 05:41:46 PM
 #182

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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October 06, 2017, 05:51:45 PM
 #183

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. 

i am not sure but maybe its something that could be used by the people to control their money because with bitcoin, we can have capability to accessing and controlling our bitcoin without any third party like banks or else. but i think bitcoin is not a weapon but its like a banks for us.

Economy is the importance of the life and country, it is the best way the more the some issue crsold it. Economy is the better to get, the more job and you will get the how to handle the financial process and business support the economy. Economy is the give more information for the people how to handle the business handling and give more advice

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October 06, 2017, 06:16:04 PM
 #184

In my opinion yes it can control the economy nothings impossible on bitcoin but it will take long long time for that.
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October 06, 2017, 06:25:57 PM
 #185

Worlds' economy is still set up on traditional basis and there is not much room (yet) for technologies like Bitcoin to take the control. So it's actually impossible to happen for Bitcoin to control the economy but that isn't in fact the purpose of it. All this wishfull thinking about Bitcoin taking over the economy or finances and becoming a leader is just pure fantasy.

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October 06, 2017, 06:47:40 PM
 #186

Bitcoin has the potential to change the world economy. Yet it is far from controlling it.

I would argue that no currency has the power to become a world currency or control the world economy. This is because somewhere, there will always be someone who may disagree with the current form of currency being used and strive to create a better one.

Furthermore, since Bitcoin is decentralized, there would need to be something to pull all Bitcoin together in order to create world-wide currencies to control the economy, which is not possible at this point in time.

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October 07, 2017, 01:03:51 AM
 #187

I think anything is possible in this changing world. Since bitcoin is now widely accepted, it can do anything to our economy and will soon be controlling many things.

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October 07, 2017, 05:21:19 PM
 #188

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.
I agree with Nikola in some parts of his exposure but dont agree with this that banks and world cannot without paper money,everything goes in that direction good example for that is credit cards or online shoping.
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October 07, 2017, 05:36:35 PM
 #189

Worlds' economy is still set up on traditional basis and there is not much room (yet) for technologies like Bitcoin to take the control. So it's actually impossible to happen for Bitcoin to control the economy but that isn't in fact the purpose of it. All this wishfull thinking about Bitcoin taking over the economy or finances and becoming a leader is just pure fantasy.

I won't agree with you Buddy.Why because, now Many people  work for bitcoin and get their income. Many employees also get in to Bitcoin and get there second salary from the bitcoin. So the bitcoin strongly  modifying the economy and soon it will take a control of World Economy.

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October 07, 2017, 05:50:37 PM
 #190

i don't think Bitcoin will control the world economy, cause to be world currency many aspects must be fulfilled,
like, can be controlled by government, transparent, etc.

here some related article :
http://www.cityam.com/261643/bitcoins-value-set-soar-three-predictions-future
Quote
As bitcoin becomes more pervasive, we predict governments will try to control it, try to understand more detail about how it is being used and try to monitor its use in the dark economy.

However, because of the structure of bitcoin, and the encryption and anonymity which is baked into the blockchain, there is very little opportunity to control this. The only clear way for nation states to control the distribution of the currency would be for them to buy up the supply and stockpile bitcoin, as many have done with gold.

Regardless of what bitcoin is being used for, the key takeaway is that it is being used more and more widely and that this expanding use is resulting in a corresponding uplift in value which shows no sign of slowing anytime soon.
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October 07, 2017, 08:57:30 PM
 #191

I Don't think, it will control the global economy...definitely not in next few years. But yes, it has create a quake in economy at global level. BITCOIN got a potential to create a parallel economy. Growing popularity of Bitcoin and people trust on it has become a problem for central Authorities. Governments are worried about this....lets see what stand govt. took to stop or to regulate it..

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October 07, 2017, 09:15:26 PM
 #192

Worlds' economy is still set up on traditional basis and there is not much room (yet) for technologies like Bitcoin to take the control. So it's actually impossible to happen for Bitcoin to control the economy but that isn't in fact the purpose of it. All this wishfull thinking about Bitcoin taking over the economy or finances and becoming a leader is just pure fantasy.

I won't agree with you Buddy.Why because, now Many people  work for bitcoin and get their income. Many employees also get in to Bitcoin and get there second salary from the bitcoin. So the bitcoin strongly  modifying the economy and soon it will take a control of World Economy.

Economy isn't just about jobs and what payment system is widely used for it. because from what you're saying even paypal can control the economy as many employers use it to pay their employees and in fact it overwhelms bitcoin in terms of numbers. Sorry but it seems you don't know how little users bitcoin has compared to the total number of population on earth. I have to agree on bitbunny that bitcoin is way too far on controlling the economy in the first place it doesn't need to

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October 07, 2017, 11:17:15 PM
 #193

Worlds' economy is still set up on traditional basis and there is not much room (yet) for technologies like Bitcoin to take the control. So it's actually impossible to happen for Bitcoin to control the economy but that isn't in fact the purpose of it. All this wishfull thinking about Bitcoin taking over the economy or finances and becoming a leader is just pure fantasy.
Although it is not such an easy job to control the world economy. but i think still it can put a little bet effect on the world economy.
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October 07, 2017, 11:50:27 PM
 #194

I think anything is possible in this changing world. Since bitcoin is now widely accepted, it can do anything to our economy and will soon be controlling many things.
I don't think that it could control the world economy since bitcoin doesn't contribute a huge impact in our economy but I believe it could be a life changing currency. I say this because not only a single currency can change the world, it needs also a real participation of individuals. Since bitcoin have its own limitation that's why it hard to take controlled of it, and yet possibilities that it would change our lifestyle.

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stolendata
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October 07, 2017, 11:59:02 PM
 #195

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.
I agree with Nikola in some parts of his exposure but dont agree with this that banks and world cannot without paper money,everything goes in that direction good example for that is credit cards or online shoping.
For me it is difficult to say yes because if it became global currency then it is also not possible for bit coin to control the world economy because the economy have no connection with currency. The world economy is running is on demand and supply if there us demand of commodities then whatever the currency the world will have to run. For demand there will be suppliers who will try to manage the demand.
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October 08, 2017, 12:00:34 AM
 #196

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. 
I think it is true since bitcoin can be used to some illegal transactions like buying guns, drugs, hiring a hitman an many more. Bitcoin can be used as next weapon to control the world economy by being dominant to all other currency that may lead to corruption and manipulation.

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kaizen96
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October 08, 2017, 04:24:12 PM
 #197

That can not be true. Even any of real valutes can’t control world economy, except USD maybe. Goverments can’t allow that, except maybe goverment which stands behind Btc. But
Isaac 999
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October 08, 2017, 05:28:49 PM
 #198

this is false Because government will never let bank system be out of control so that they may ban bitcoin when fell it have some power
rickadone
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October 11, 2017, 04:50:28 AM
 #199

I don't think bitcoin will control the world economy because that's not the purpose why bitcoin is created. That's my honest point of view though.
it is not the purpose of bitcoin though the original plan is to become a strong currency that is not regulated by any authorities, and who among the strong
countries will accept that? they will never allow anything to exist without their control for sure.
No country will ever accept that. The only reason they have not been able to do anything is the fact that it cannot be control and it has grown wider than expected, so the only thing they may end up being able to do is to make use of exchanges in their country to be able to benefit from it in a way or the other but giving up control for bitcoin, that is not even a possibility.
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October 13, 2017, 12:40:18 PM
 #200

It is unlikely that it will control the world economy but it can play a key part in the world economy, particularly in poor/third world countries.
quite impossible of controlling the world economy because now a days the economy rate for  country is unlimited i mean to says that for a worthy nation they didn’t need such bitcoins because the used to do greater dealings and bitcoins has not attained such a great status but for a poor nation bitcoins can help in increasing their economy
For the time being it seems impossible because there is a lot of variations and fluctuations in the price of bitcoin. Some weeks ago the price was about 4800 dollars and just one decision eliminate the price to as low as 3000 dollars.

Although it is rising again but still it is not trustworthy. But there is a hope that in the near future bitcoin will overcome the whole market all over the world.



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