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Author Topic: Bitcoin will control the world economy!!!!! is it true?  (Read 8921 times)
Pepito Manaloto
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September 30, 2018, 03:41:34 PM
 #701

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 for now, we cannot say that bitcoin is already controlling the world's economy since it is not yet legal and exclusive to the world. If ever it will become legal globally in the future, there's a possibility that the changes occuring within crypto will greatly affect the world's economy that's why many countries banned bitcoin since they saw it as a threat.

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September 30, 2018, 04:48:37 PM
 #702

all countries experienced a decline in the value of the currency caused by rising dollar prices including several developing countries. this is a gap for the government to develop digital currencies and blockchain is a future financial technology.
The Government should give the science about the world of crypto to community if they want to develop cryptocurrency and blockchain. Because until now many citizens who still do not understand about crypto, if it can run well then I'm sure this crypto will make the world economy for be better.

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September 30, 2018, 05:02:20 PM
 #703

The first cryptocurrency can sink the first social network. If Facebook takes advantage of the idea of Telegram and decides to create its own cryptocurrency, it can topple bitcoin from its pedestal. Audience Telegram has a little more than 200 million users. At ICO, the messenger managed to collect twice for 850 million dollars, ahead - the final round of financing. If Facebook with its two billion audience decides to do the same, then its cryptocurrency can be a very powerful competitor.
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September 30, 2018, 06:10:05 PM
 #704

In order to control the global economy bitcoin will need to develop more than 10 years and I do not think that this is possible ! But to use it for the development of the world economy is very logical !

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September 30, 2018, 06:50:18 PM
 #705

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 wouldn't say control, but I think that there is a big chance that bitcoins, or Bitcoin specifically, may have a hand in improving and making the world economy more vibrant and active. I say that because of the fact that it's a growing market, and so, if more and more people from different countries would really embrace and support it, and ultimately, improve its market. It can really rake in big returns and income on those who invest in it. Also, if it gains more value, it can be more competitive in similar markets and assets.
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September 30, 2018, 07:46:38 PM
 #706

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 don't think so, there are too many difficulties that should be resolved so that bitcoin could become a leading world's currency.
It is still not massively adopted, it is uncontrollable and too volatile - these are just some of the problems that people face when using btc as a method of payment.

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September 30, 2018, 08:09:01 PM
 #707

that will be impossible (for now) since most companies are still reliant on the existing monetary system. but well it wont be that hard to imagine that the world and companies will accept bitcoins
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September 30, 2018, 09:29:38 PM
 #708

For me I don't really think that much. I know how bitcoin can really affect the economy of a country but to control the world economy is an overstatement. The volume of bitcoin does not surpass even the population so how can it control the entire world economy when its volume is limited? The effect is clear and will be realistic if everyone will be involved in bitcoin which as we know the possibility of manipulating prices is real and possible. So it may if everybody is holding bitcoin but when not I really don't think this is true.

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October 01, 2018, 12:52:39 AM
 #709

I think the world economy is governed by the government, and I think the government will not allow bitcoin to control the economy because bitcoin is unstable and that will be a risk to the economy.

I am agree that government will not allowing bitcoin control their economic. Bitcoin is decentralized system and no authorities can control the supply. But i do believe bitcoin will safe our economy in the future because bitcoin have better economy system
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October 01, 2018, 01:37:30 AM
 #710

I think the world economy is governed by the government, and I think the government will not allow bitcoin to control the economy because bitcoin is unstable and that will be a risk to the economy.
Bitcoin will probably be the world currency, but it will not control the world, because every country has its own currency. In my opinion, bitcoin will bridge trade between countries because of simple and safe factors. The government has an interest in monitoring bitcoin, especially for taxes.
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October 01, 2018, 01:53:01 AM
 #711

Bitcoin cannot entirely control the world's economy as a lot of factors come to play in determining the status of the world's economy. Due to the innovative technology and importance offered by Bitcoin, Bitcoin can contribute to the uplift of the status of the world's economy if it enters the mainstream.
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October 01, 2018, 02:31:31 AM
 #712

Yes. But BTC price faster up and down then it we can do profit or loss
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October 01, 2018, 02:46:28 AM
 #713

Bitcoin would have to win its function as a store of value to become a true currency that encouraged spending, in which case it would no longer really be an investment anyway. Instead, Bitcoin should operate as an alternative to traditional payment channels and fiat currencies for remittances and general business transactions for those who "opt-in." There is plenty of market share here and it is realistic.
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October 01, 2018, 03:17:16 AM
 #714

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. 

control ?? I don't think bitcoin is just a digital currency that can be used as an investment tool. bitcoin is used as an investment tool because its fluctuating nature can provide benefits.
Bitcoin investment is a quick way to get rich if we buy and sell at the right time. but bitcoin can also make us bankrupt. but to control the world economy I think it's too far. the world economy is very complicated and involves many parties. bitcoin can only benefit the holder.

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October 01, 2018, 03:36:37 AM
 #715

Not yet, how can make bitcoin control the economic world ? bitcoin is depend by it self and could not control the economic world, do not have connected between bitcoin and economic world. When bitcoin is raising up and economic not become growing up.
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October 01, 2018, 03:55:01 AM
 #716

chances are that it can happen where bitcoin will be able to control the world economy by itself, namely without interference from any party including the government. I think that's the greatness of bitcoin that moves towards improving the economy naturally and I think bitcoin will really help in terms of the economy.

 
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October 01, 2018, 04:34:38 AM
 #717

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 do not think so. The market capitalization of Crypto is very low compared to the foreign exchange and securities markets. It's just beginning to grow and you should not expect too much at it. It will make you disapointed.
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October 01, 2018, 04:44:35 AM
 #718

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. 
If it really is true than the future for bitcoins will surely be great and also several peoples will than go for bitcoins.
World economy is not that small word as we hear it and instead needs a lot of financial backup to really stabilize the "World Economy"
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October 01, 2018, 05:31:36 AM
 #719

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. 
If it really is true than the future for bitcoins will surely be great and also several peoples will than go for bitcoins.
World economy is not that small word as we hear it and instead needs a lot of financial backup to really stabilize the "World Economy"
Good point, if we are talking about World Economy in its whole functions we need a huge amount of investment before bitcoin can take over, overpowering what is in the current position will be a large demand in terms of money that will be played to the entire market, it will take a long term of waiting and promoting so people will gain interest and begin to adopt and use the chain and create pressure for new larger investors.

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October 01, 2018, 06:48:05 AM
 #720

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 dont think so. if you generalize it like cryptocurrencies are going to control the world economy, i would say maybe. because there are better blockchain solutions that bitcoin has. there are better cryptocurrencies. but anyway it is still a bit early.
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