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Author Topic: Bitcoin will control the world economy!!!!! is it true?  (Read 8434 times)
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September 15, 2017, 05:49:28 PM
 #21

Mybe not because bitcoin status like a commodity, when market demand more bicoin then the price is going sky rocket and when demand is going fall then bitcoin price going down.

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September 15, 2017, 06:06:45 PM
 #22

I don't think bitcoin can control the world economy because bitcoin is very volatile which value may increase or decrease the value. Though some countries bitcoin has been legalized yet it cannot controlled the economy. But bitcoin can help the economy to grow.

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September 15, 2017, 07:37:08 PM
 #23

well for now, bitcoin almost dominates world economy because countries who are aware of bitcoin is increasing. Still, there is a specific span of time in order for a bitcoin to control worlds economy

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September 15, 2017, 08:45:15 PM
 #24

We can all testify of the freedom bitcoin come to create. For some of us who have benefited from the advent of bitcoin and blockchain technology, should be able to see great future in it.  I have foreseen how bitcoin will be the weapons that  will determine the country that will become world power in years to come. Many countries are poor today because of the dominant of dollars on they economy and once bitcoin go mainstream the country that adopted it first and hold millions of it value, is going to determine the political structure of developing countries.

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September 15, 2017, 08:47:26 PM
 #25

I don't think bitcoin can control the world economy because bitcoin is very volatile which value may increase or decrease the value. Though some countries bitcoin has been legalized yet it cannot controlled the economy. But bitcoin can help the economy to grow.

Bitcoin doesn't need to control or replace anything. Bitcoin is here purely to give people the option to choose, and this important bit of freedom is what makes this an ultimate alternative currency/asset. Bitcoin's volatility is just a temporary thing -- this market needs to mature properly, and a whole lot of liquidity. If we at some point manage to have institutions allocate a certain percentage of their portfolio to Bitcoin, this market will not be the same anymore. Institutions don't play around with pocket change -- they have the financial resources to obtain a large portion of the circulating coins ultimately.
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September 15, 2017, 09:14:48 PM
 #26

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.  

No. Bitcoin is a store of value, method of transmitting money worldwide, method of making purchases, etc. It is basically freedom from bank and government control. It will not control the world economy but it will have an effect on how people store and send money and how they make financial transactions. It will make consumers more independent financially  and will give consumers more control of their finances and what they can do with their finances.
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September 15, 2017, 09:31:07 PM
 #27

Of course thereby hangs a tale!
The huge market decline become actually fact, the question is what will be next?
As we see so far, BTC can't control the world economy and it's not his role, but for sure It would be better if BTC could handle these all strikes.
Maybe it's time for other crypto to become 1st or 2nd world crypto currency? We will see Wink
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September 16, 2017, 07:26:58 AM
 #28

They're kinda stretching it... Sure there's future in bitcoin but not to the extend that it can control world economy. They function differently and also for that to happen, countries would have to relinquish using fiat and that is a problems in its own way.

It is true and in future we may see bitcoin adoption growing but the control of world economy is a much exaggerated statement in my opinion. Bitcoin is people's currency and not a international currency. Even if it was international not everyone would accept it. There are already so many people talking shit about bitcoin not knowing what they are speaking of and thus ruining its image to the public.

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September 16, 2017, 09:58:30 AM
 #29

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.
No it won’t just control the world’s economy like that. Yes it will have some major effect in the world’s economy and will put some changes, but that doesn’t it will carry on and change everything.

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September 16, 2017, 11:00:01 AM
 #30

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.
No it won’t just control the world’s economy like that. Yes it will have some major effect in the world’s economy and will put some changes, but that doesn’t it will carry on and change everything.

Yeah I think bitcoin will only be and add on in the economy another option that people can use and I see that happening in the coming years from now. I just hope everyone of us will use it.

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September 16, 2017, 11:22:03 AM
 #31

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 read a similar article in a magazine about bitcoin that would be a weapon to control the world economy, the bitcoin article intention will control the world economy where the core of the article bitcoin will be a major in the world economy, I think it's something excessive that I know the economy in the world is controlled by the dollar.

       
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September 16, 2017, 11:27:54 AM
 #32

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. 

Yeah there are pretty old dated conspiracy theory's about a cashless, fully electronic society that will be EMP'd to throw humanity back to the stone-age and then the one's who planned this will have acces to all old resources, books/gold/silver, remaining infrastructure and will be the only's able to afford a militia to rule with an iron fist.
While the rest of us dumbs down in the struggle of survival.

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September 16, 2017, 11:33:34 AM
 #33

I do not think that it will be a powerful weapon for managing the economy, because if the Internet is turned off, it will simply disappear and will not pose any threat to the economy.

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September 16, 2017, 12:00:32 PM
 #34

in my opinion for the current conditions can't be bitcoin control the world economy, because there are still some countries that don't receive bitcoin beside that bitcoin must use the internet network and not all regions in the world have internet facilities, and for that also needed adequate socialization about the use bitcoin.
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September 16, 2017, 12:08:24 PM
 #35

to control the whole world economy you need some basic things, such as mass level availability, acceptability, and credibility. I think the last two things are not a problem for Bitcoin but it is not available across the world. The only price is not a factor in order to dominate an economy. so I think Bitcoin will have to go a long way in terms of this issue. it is also true that Bitcoin has to be legalized in every country then it would be an important currency but not dominating.
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September 16, 2017, 12:14:38 PM
 #36

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. 
This would be possible if every government will recognize and accept bitcoin as one of our cryptocurrency. As a matter of fact bitcoin can aid the problems of our economy if bitcoin would be familiarize to all people in the world. So always believe that bitcoin will be popular all over the world.

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September 16, 2017, 12:25:49 PM
 #37

I think not. It will be an optional currency where you can pay something online or use as investment since thr price is volatile. There maybe a chance if the world adapt to digital currencies but the situation today is that there countries seeks bitcoin as a threat to its corresponding fiat. So it makes bitcoin controls world economy.

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September 16, 2017, 12:37:20 PM
 #38

Don't really believe in that fact dude. Bitcoin is just not enough to serve the whole world in first place. Suck the media and news they are just made to fluctuate the market. Lols. But bitcoin is not having that much potential to go ahead and handle the world economy. That looks very very troubling and it's just out of hands of whole crypto currency.

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September 16, 2017, 05:34:32 PM
 #39

No man, it doesn't work like that, centralized organizations themselves find it hard to do so and bitcoin being decentralized will hardly make it to the major league as most people use bitcoin for only getting profits and not for contributing to the welfare of the society . Bitcoin contributes a minor percentage in the world economy, and centralized organizations will never let bitcoin to replace them.


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September 16, 2017, 06:25:41 PM
 #40

Look, Bitcoin will never be in control of anything, not because it can't but simply because that is never its vision. If you want to look for a cryptocurrency that will want to gain control over the world/region/economy, anything like that? Then look at some of the top alts. Pretty much many of them want to do something like that (except Litecoin and Dogecoin hehe).

Eth? Yes. Neo? Yup.

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