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Author Topic: Bitcoin will control the world economy!!!!! is it true?  (Read 8921 times)
fritzbird
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February 16, 2018, 03:15:09 PM
 #441

I would have to disagree with you there, Bitcoin can't and won't control any economy.
It would however might influence it, but that is still somewhat of a hazy position to
begin with. Bitcoins contribute to the economy not rule over it, there are aspects and
factors that would strongly argue and contradict with the idea or process of having
any kind of cryptocurrency controlling any economy. That almost sounds like a massive
monopoly and dictatorship. Governments and people would never allow such a thing
to take place. Everything takes time and getting used to.
PrinceCaspian
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February 16, 2018, 03:20:10 PM
 #442

How bitcoin will control the world economy if there is no leader or person that control bitcoin, so how the bitcoin can learn into some controlling stuff if there is no manager so i think that it is impossible to expect that wold economy will be controlled by a full decentralized currency.



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Black Angel
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February 16, 2018, 03:43:17 PM
 #443

We'll see at the end of 2018, if bitcoin does not drop below $ 10k then the chances of becoming a world economic power are huge, but I'm sure it takes a long time to become a major economic power or at least a marketcap has reached $ 50 trillion.
EtherATM
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February 16, 2018, 04:26:34 PM
 #444

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 can't control the world economy because of reasons:
- Bitcoin is decentralized and it is not concern to the real world economy so how to use Bitcoin like weapon to control the world economy.
- Many government and bank center in the world is not accept Bitcoin so bitcoin can't affect to the world economy.
- Mustn't Bitcoin, Blockchain technology which is necessary thing for the world economy in the future and bitcoin can quite replace by new altcoins.
ramgonzales
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February 16, 2018, 04:34:34 PM
 #445

Well this idea is possible but i don't think its going to happen anytime soon. Bitcoin may be a great financial innovation for the world's economy but remember, Most of the government around the world are still skeptical about Bitcoin and how it can help us. So it can happen but its gonna be a long and hard journey.

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Hendrahendri
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February 16, 2018, 04:53:37 PM
 #446

We know that the money generally force in the world today is the physical we already know since the first time got pocket money from the father us, but apparently, in the modern world that this dynamic, besides money of physical, either dollars, rupiah, dinar, riyal, yen, or yuan, there is also the money in the form of a virtual called cryptocurrency, it is petanda that bitcoin able to control the economy of the world.
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February 17, 2018, 10:39:47 AM
 #447

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. 

Well, at least the most that has Bitcoin can do it, and of course if FIAT will be long gone if it will happen, there would be many procedures.
I don’t know if such will be possible or not, but I’m thinking how can something that has just 18million (and an expected 3 million later, making it 21 million) be able to control the world economy. It’s not even accepted by more than 98% of the people in the world. So how is it possible for it to be able to control the world, cause I see no chances for Bitcoin to do so? Bitcoin is not even used by up to 5% of the people in the world. If I’m to say, I will say that just 1% makes use of Bitcoin.
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February 17, 2018, 11:05:35 AM
 #448

This will be true in the future if bitcoin is controlled by one country to another. That will be the initial time that bitcoin is controllable by one nation. That nation will form a rules and regulation. Does and don't on bitcoin. When one country control bitcoin that will be the time it will contribute so much in economic world. The motion of economic will be depend on bitcoin (cryptocurrency) measures. This is not impossible to happen, this is possible in the near future.
Being bitcoin now is decentralized, then bitcoin wouldn't contribute any full control of economic growth as bitcoin being independent.

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February 17, 2018, 12:58:08 PM
 #449

such a scenario is possible only if the governments introduce strict regulations of crypto currencies. then the idea itself will disappear and the course can be manipulated. While there are no external factors of regulation by bitcoin, it's hard to use for manipulating the economy
freo01
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February 17, 2018, 01:08:04 PM
 #450

Well, maybe but not at all aspects . some aspects in economy might be controlled by bitcoin later on as well all know bitcoin has gaining its influence in cryptomarket that might impact in our industry .
Febriana98
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February 17, 2018, 01:17:10 PM
 #451

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. 
things like this are just a hoax and will never happen, there will be many people who disagree if Bitcoin replaces the currency of our respective country
Sled
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February 17, 2018, 01:22:54 PM
 #452

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. 
things like this are just a hoax and will never happen, there will be many people who disagree if Bitcoin replaces the currency of our respective country
I agree with you, we don't need a replacement for our fiat currencies in our respective country because they are working very well and i think that there is no reason for them to get replaced. The cryptocurrencies like bitcoin is serving as a tool for us to have something to use in order to grow our money and also improve our way of doing things like transferring money.
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February 17, 2018, 01:51:52 PM
 #453

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 not because 21M Bitcoins will not be enough for the whole world to use and circulate in which it will create imbalance in the economy between nations. In addition, nothing can replace the dollar bill which is the true currency that control the world economy that even Bitcoin will not become popular without the help of the dollar.
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February 17, 2018, 02:50:42 PM
 #454

I don`t think bitcoin will control the world economy, the fact that bitcoin does not have big role yet when it comes to economic growth as it can cause negative effect to the economy. The government will always be the one to control the economy and depends on what currency they choose to back up. As we know that government don`t support bitcoin or any crypto yet. Government will always be the controller of the world economy, not any currency.
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February 17, 2018, 03:07:56 PM
 #455

No no. I don't think so. Unless the government can manage it and it is very unlikely.
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February 17, 2018, 10:32:29 PM
 #456

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. 
things like this are just a hoax and will never happen, there will be many people who disagree if Bitcoin replaces the currency of our respective country
I agree with you, we don't need a replacement for our fiat currencies in our respective country because they are working very well and i think that there is no reason for them to get replaced. The cryptocurrencies like bitcoin is serving as a tool for us to have something to use in order to grow our money and also improve our way of doing things like transferring money.
Currently, I just interesting the cryptocurrency technology instead of the value of cryptocurrency. For the growth of the world, we need to focus into the blockchain technology and other technology like Smart contract of Ethereum or the ability to transfer money quickly of Ripple and anonymously of Monero, etc.

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Firefox07
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February 17, 2018, 10:35:53 PM
Last edit: February 18, 2018, 02:36:07 PM by Firefox07
 #457

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.  
Bitcoin cannot control the world economy. Simply because not all countries are accepting bitcoin in their place. In fact, some countries banned bitcoin. So how can bitcoin control the world economy?

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February 17, 2018, 11:14:33 PM
 #458

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. 
Butcoin cannot control the world economy. Simply because not all countries are accepting bitcoin in their place. In fact, some countries banned bitcoin. So how can bitcoin control the world economy?

Even though bitcoin is accepted in all countries and a full legalized currency then it will not be enough for bitcoin to control the world's economy because it is a hard thing to expect in the cryptocurrencies to be able to control the world's economy especially bitcoin because it doesn't have any leader or owner that will lead the bitcoin to control the whole thing.
The_Dark_Knight
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February 18, 2018, 01:35:39 AM
 #459

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. 
Bitcoin is not a weapon, if it is, it is a very strange weapon to try to take control of the economy since no one has any control over bitcoin and what you can do with it, so who could design bitcoin and for what purpose? After all why give so much control to the end user over his money, this was going to backfire as it is happening right now and that is with only a small segment of the population using bitcoin, can you imagine what will happen when most people use bitcoin?
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February 18, 2018, 03:24:35 AM
 #460

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 will control soon maybe as long as the people  have a knowledge and ideas about it how it will it work for them
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