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Author Topic: Bitcoin will control the world economy!!!!! is it true?  (Read 8438 times)
Osayo
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September 20, 2018, 12:23:38 AM
 #641

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. 
At this time, I can't say for sure that bitcoin will control the world. But there is actually aa possibility about it which will depend on how the society accepts it in another 10yrs.

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gambitcoin53
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September 20, 2018, 12:32:27 AM
 #642

bitcoin will control the economy? then who controls bitcoin? bitcoin is self sustainable, no one controls it, no individual has control over it, but the people who uses it, there are millions of bitcoin users all around the world, technically nobody has, so how come it can control the economy? if you are referring to bitcoin as gauge in the economy, maybe yes, just like dollars, that are being used as a reference to measure how stable and how good is a country's economy. since bitcoin is getting more popular in the financial sector, it can really be a standard that should be reckoned with.

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September 20, 2018, 12:52:24 AM
 #643

Bitcoin has the capabilities of positively affecting the world's economy in general. Bitcoin offers good incredible benefits to our finances by harnessing payment methods through the provision of good security, fast transaction, low cost per transactions, owner control of transactions etc.
Bitcoin also offer job opportunities and financial satisfaction to the people and as such boost the economy of the world.

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ningrumxxi
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September 20, 2018, 01:05:06 AM
 #644

I doubt that bitcoin will control the world's economy. But I don't doubt that it's going to play the biggest role in it. My future-telling is that bitcoin will become international currency, something like English language among other languages.
Such possibilities may have happened, seeing that there are many business people between countries who start using bitcoin as a means of payment for their business, but to be able to control world trade, there is a great awareness of all countries in the world that they support bitcoin as a legitimate medium of exchange. each country.
Sir Legend
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September 20, 2018, 02:41:52 AM
 #645

I think that this is still the hope of bitcoin users, all countries are certainly difficult to accept bitcoin because of a decentralized and anonymous system, this is what inhibits bitcoin to skyrocket as expected.

BTMgoMoon
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September 20, 2018, 07:33:43 AM
 #646

Now this is still in the distance, no one knows the outcome. In theory, cryptocurrencies will rewrite human perceptions of money. But this may bring a devastating war.
rickyharun
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September 20, 2018, 07:40:59 AM
 #647

I think that this is still the hope of bitcoin users, all countries are certainly difficult to accept bitcoin because of a decentralized and anonymous system, this is what inhibits bitcoin to skyrocket as expected.
decentralized and anonymous was not a reason for bitcoin to controll the world.exchange could be the part in cryptocommunity if government want to track bitcoin holder.but to open data , government should legalize it first.

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tonyvo2017
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September 20, 2018, 09:11:01 AM
 #648

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 does not make sense to me. At least with my thoughts. Despite its good features. It will probably become more popular but to dominate is not. It can not be so economical when the currency is still efficient. It will likely survive parallel to paper money by adding to the currency defects.
ostrogoto2012
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September 20, 2018, 12:03:37 PM
 #649

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 does not make sense to me. At least with my thoughts. Despite its good features. It will probably become more popular but to dominate is not. It can not be so economical when the currency is still efficient. It will likely survive parallel to paper money by adding to the currency defects.

Why bitcoin and not another coin? It is to early to talk about this today....still on early adoption the crypto , many don't even know what is bitcoin today, and is not sure 100% will be the bitcoin the future...everything could change...
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September 20, 2018, 12:58:10 PM
 #650

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 it is not bitcoin who will control the world economy is the investors who continues to invest in bitcoin and other crypto currencies who can control economy. The more the buy and sell coins the more movement of the market.

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Charot12345
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September 20, 2018, 02:02:22 PM
 #651

I don’t think it can control the world economy because not all countries are using bitcoin and there still more people using fiat than bitcoin. And also the government will not allow it if they cannot get any profit from it.   

Tatsuyashiba
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September 20, 2018, 04:15:31 PM
 #652

I myself cannot expect much to be experienced by the age of Crypto which is still very easy and really still needs a lot of changes until finally it can really affect the economy like money, stocks, deposits, and others. as an investment instrument that is classified as new BTC is something that has high potential in my opinion in the world of economics, so in my opinion we can wait for time whether BTC or Crypto can really lead the economy in the future or not
Impulseboy
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September 20, 2018, 05:21:29 PM
 #653

I hope that what you are saying is true, not just for a single country, but the others as well. Bitcoin has a huge potential to help a country's economy to get better, especially a developing country. It all depends now on how a country's government will accept and recognize bitcoin and other cryptocurrencies as a legitimate currency.
nyobaanweh
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September 20, 2018, 05:57:32 PM
 #654

yes, in my opinion, it could happen because by using a bitcoin payment system we do not need to bother carrying cash when traveling and also the absence of debt or taxes from a bank. However, I still doubt because the government in my country openly prohibits the use of bitcoin or other digital currencies as a means of payment
biletskiy
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September 20, 2018, 07:04:36 PM
 #655

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. 

Maybe that can happen but many countries will not approve the use of bitcoin as a medium of exchange and this will greatly make it difficult for bitcoin to be developed.

I am not a specialist in the economy that is why I cannot give you an answer as a professional. However, as a usual trader, I can say: it will not happen, BTC cannot control the world economy.
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September 20, 2018, 10:16:16 PM
 #656

I don’t think it can control the world economy because not all countries are using bitcoin and there still more people using fiat than bitcoin. And also the government will not allow it if they cannot get any profit from it.   

bitcoin is the best alternative if many countries go bankrupt, every year there are countries that experience this and we can see in Venezuela who really want to adjust crypto officially in their bureaucratic system.

fiat is not always stable and full of systemic economic engineering, in the end many will realize that this cannot happen for the long term and eventually look for other alternative sources, if they have made altcoin themselves and can run smoothly, then bitcoin will have the potential to be real conversion center as price and benchmark controller.

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September 21, 2018, 12:11:44 AM
 #657

That is not true , bitcoin is only part of world economy ,it contributes to the world economy , but it will not controlled the total world economy , there are many contributing parts of the world economy and bitcoin is just part of it , so bitcoin is really of help to world economy
Absolutely agree, bitcoin is a part of the world economy, helping some people get good profits, but bitcoin will never control the
economy in the world, there are many aspects that will affect the world economy, bitcoin is only a small part

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September 21, 2018, 12:35:31 AM
 #658

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. 
The world's economy is affected by numerous factors that come to play, hence Bitcoin alone cannot affect the world's economy. The technology behind Bitcoin offers great advantages which include the creation of job opportunities for the people and as such, contributes positively to the world's economy.

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Stark_Naked9
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September 21, 2018, 04:55:28 AM
 #659

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.  
In my opinion, bitcoin is considered as the tool for payment. It would be the next future currency. We don't have to carry cash when going out. It would reduce the time of the transaction as well as securer. Whenever it got accepted in all of the countries, the economy would be promoted significantly. Because we only use bitcoin like a common currency for trading everywhere in the world.
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September 21, 2018, 05:59:50 AM
 #660

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. 

There is a possibility that bitcoins might control the world economy in the future since most of the people are preferring cryptocurrency due ot its price that keeps on increasing more than the banks that has a low amount of increase every year.
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