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Author Topic: Bitcoin will control the world economy!!!!! is it true?  (Read 8731 times)
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September 14, 2017, 07:08:20 PM
 #1

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. 
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September 15, 2017, 12:04:41 PM
Last edit: September 16, 2017, 01:53:41 AM by Egayerm
 #2

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.
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September 15, 2017, 12:18:28 PM
 #3

I think china, wants to realize this idea himself through with  bitcoin.for that reason I think they seem to have made such a decision for the moment.I think this is the shortest way to manage the world economy because it means managing the world. the people who were economically damaged were lost in the meantime. Of course, they would not think of people who were harmed. they will totally accept this bitcoin thing or people will really hurt very much. My loss is almost twenty  thousand dollars.I hope the market will recover as soon as possible.






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September 15, 2017, 12:23:48 PM
 #4

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.
First of all, you two need to read about definition of Bitcoin. Bitcoin can't not control the world economy, actually bitcoin is effected by world economy and opinion of some experts like Jamie Dimon. Bitcoin isn't a weapon too, it can't hurt anyone so if you say bitcoin is a weapon that make no sense.
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September 15, 2017, 12:36:10 PM
 #5

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 was also reading some article where it is said that soon we will enter 4th industrial revolution and that we need a new economical system for it.
Some one said that  blockchain techlonogy would be the next economical system.
I don`t think that this would be bitcoin, but deffinetly something new is coming for sure.

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September 15, 2017, 12:41:39 PM
 #6

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 it cant. Digital Currency has nothing to do with world economy and even it would be valuable on upcoming years government wont really allow such thing to happen for sure.Its a decentralized thing and theres no way it can be considered to be used globally knowing countries have their own different local fiat currencies and i dont think bitcoin would really be considered to take part of it.
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September 15, 2017, 12:44:31 PM
 #7

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 was also reading some article where it is said that soon we will enter 4th industrial revolution and that we need a new economical system for it.
Some one said that  blockchain techlonogy would be the next economical system.
I don`t think that this would be bitcoin, but deffinetly something new is coming for sure.

Blockchain technology shure have the potential to be used for the next economical system (transactions, smart contracts, autonomus entities, etc...). As for bitcoin, for now, it can't replace the global economy because it can't scale this much, but there is work in progress about this (seg witness, lighning network). Also, the banks and the goverments can't controle it so they will do anything in their power to stop it for reaching this level. If bitcoin were to be used and sustain the global economy, than the banks would be useless.
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September 15, 2017, 12:46:27 PM
 #8

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.
First of all, you two need to read about definition of Bitcoin. Bitcoin can't not control the world economy, actually bitcoin is effected by world economy and opinion of some experts like Jamie Dimon. Bitcoin isn't a weapon too, it can't hurt anyone so if you say bitcoin is a weapon that make no sense.

I can respect your opinion about Bitcoin, China is afraid of Bitcoin that's why they want to ban all the Bitcoin exchanges and start them with a legalize format. If not it can affect their economic growth because already the Bitcoin is generating billions of trading volumes in the market.

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September 15, 2017, 01:13:01 PM
 #9

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 bitcoin is not, hence it is up to a country to use it. I can see china going a bit too successful in manipulating bitcoin price. It will soon halt though. That will mean no on is in control on the economy. It needs a lot of factor to be controlled.

I think china, wants to realize this idea himself through with  bitcoin.for that reason I think they seem to have made such a decision for the moment.I think this is the shortest way to manage the world economy because it means managing the world. the people who were economically damaged were lost in the meantime. Of course, they would not think of people who were harmed. they will totally accept this bitcoin thing or people will really hurt very much. My loss is almost twenty  thousand dollars.I hope the market will recover as soon as possible.
China is taking control of there economy. They might realize the potential risk that bitcoin impose internationally. That is why they are making there cryptocurrency and this is what they are good at, copying things. I don't know if that quality is a good one or it will just be another threat to the world.

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September 15, 2017, 01:15:09 PM
 #10

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.
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September 15, 2017, 01:15:21 PM
 #11

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. 

Some media always spread FUD, dont you know that? Ironically this idea is actually true that bitcoin can control the world's economy and it would be an end to the banks forever. However the fact that bitcoin is associated with many shady activities (but so it Fiat money as well) it cannot be accepted by the public so easily. For humans - bitcoin is a special currency which for them is more associated with the bad things - this is totally a wrong concept. This FUD is actually spread by the banks so that people dont use Bitcoin spontaneously like fiat. Because if they did then the economy would be taken over by bitcoin.

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September 15, 2017, 01:17:32 PM
 #12

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. 
Nahh. Bitcoin is just a a currency and besides in terms of total market price the bitcoin have only I think billion of dollars in terms of totality of it's price as of now and the dollar itself have a uncountable number. So basically it can't control the world economy as of now and even the future but it will help the economy to grow.





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September 15, 2017, 02:55:45 PM
 #13

Bitcoin users are very small group from all cash users in the world and Bitcoin can not be very popular due to fact, that you can not use it in the shops. Shops will not wait till end of confirmation, which can be 20 - 30 minutes and more. Plus world economy depend from many countries, so it is not so easy. Each country have own policy in fact.
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September 15, 2017, 03:07:06 PM
 #14

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.
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September 15, 2017, 03:24:12 PM
 #15

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'm not sure how one would use it to control the world economy, especially since it's decentralized.  First, the world economy would have to depend on bitcoin, which is nowhere close to happening.  Then, one would have to control bitcoin.  And since the whole point of almost all cryptos is that they're not controlled by a single organization/entity, it would be just about impossible to do.  You'd have to stage a 51% attack to gain control of the network.  And if you somehow had enough hardware to succeed, just about everyone would then abandon bitcoin because it's no longer being controlled by "the people."
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September 15, 2017, 03:56:50 PM
 #16

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.

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September 15, 2017, 03:59:48 PM
 #17

I don't think like that. It can be highly valued but bitcoin can't control world economy. Every country can create their own crypto currency.
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September 15, 2017, 04:00:16 PM
 #18

No I don't thing that bitcoin has potential to control the world economy now or in the coming years in the future. This is because it is not a standardised currency which means it is not governed by government or any bank also because its value is not stable. It keeps on changing very often.

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September 15, 2017, 04:08:37 PM
 #19

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, it won't be and maybe it just can't be the next weapon.
It's not a weapon obviously, dollars and pound has bigger market cap, bigger value (not rate in $$) because fiat currency backed by government and being used widely all over the world. These fiat currency bitcoin are just a medium of exchange, but bitcoin isn't widely used and mostly treat as trading object right now. Look at the latest crash from $5000 to $2900, it just a proof that bitcoin price could fall significantly within days.
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September 15, 2017, 04:54:44 PM
 #20

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.

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Live Games

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Slots
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Blackjack
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Roulette
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Dice Duels
..Play Now..
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