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Author Topic: Bitcoin will control the world economy!!!!! is it true?  (Read 8870 times)
TonixGaming_14
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October 13, 2017, 02:49:12 PM
 #201

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.
I absolutely agree bitcoin will control our economic and the power of bitcoin today it will never stop the popularity of bitcoin. It is all true what happen today in the digital era  soon it will use as currency as one.

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October 14, 2017, 06:10:08 PM
 #202

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.
I absolutely agree bitcoin will control our economic and the power of bitcoin today it will never stop the popularity of bitcoin. It is all true what happen today in the digital era  soon it will use as currency as one.

Only a fool can deny this fact that bitcoin is the upcoming international currency of the world. It is already the strongest currency among all currencies of the world. It is not only a currency but also the most cherished and used form of investment.

People are switching to bitcoin from gold and other conventional forms of investments. There is no doubt in this fact that bitcoin is already controlling the economy of the world.
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October 14, 2017, 07:34:28 PM
 #203

Who knows, its all a guess at this point. I personally think that it will play a big role in the future, just out of the fact that there is so much money people are looking to store out there. When the people with real wealth enter bitcoin, the price is going to skyrocket to ridiculous amounts.

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super5star
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October 17, 2017, 08:58:58 AM
 #204

It is unlikely that it will control the world economy but it can play a key part in the world economy, particularly in poor/third world countries.
quite impossible of controlling the world economy because now a days the economy rate for  country is unlimited i mean to says that for a worthy nation they didn’t need such bitcoins because the used to do greater dealings and bitcoins has not attained such a great status but for a poor nation bitcoins can help in increasing their economy
For the time being it seems impossible because there is a lot of variations and fluctuations in the price of bitcoin. Some weeks ago the price was about 4800 dollars and just one decision eliminate the price to as low as 3000 dollars.

Although it is rising again but still it is not trustworthy. But there is a hope that in the near future bitcoin will overcome the whole market all over the world.
The chance to this assumption is brighter that bitcoin will world economy because s by seeing its popularity charts one can easily predict that in coming 5 to 6 years economy will be mainly depending onto the bitcoin and maybe bitcoin will be declared as the global currency of the world and that thing will be more fascinating and that time will be the epic one.
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October 17, 2017, 09:24:38 AM
 #205

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, Bitcoin could possibly can control the world's economy in the future because it's value continue rising. My only concern is that if Bitcoin will be widely and massively used by lawless elements more than today just like silk road, darknet and black market it might suffer government critizism more than todays conflict with governments. But I know that Bitcoin could pass all this test of time and I am hoping that before something else would happen to it we are already millionaires. Grin I believe that time will come Bitcoin will rule and dominate the world over fiat money and what's sweet is that it has already started to happen.



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October 18, 2017, 03:31:10 PM
 #206

Strongly agree. There are many countries that use bitcoin even countries like India have already entered about this bitcoin. Even the percentage of American countries alone is defeated by the state of China. Hopefully Indonesia can be like America, China, Japan, Denmark and many more
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October 18, 2017, 03:50:10 PM
 #207

This will need a long time to happen, but it is very difficuly to happen in the near future at least. Most people around the world still using fiat currencies and banking systems, and the Bitcoin's community is a minority compared to the worldwide population. So we need to wait and keep supporting Bitcoin and let more people know about it and trade it.
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October 18, 2017, 04:50:00 PM
 #208

No,it could nt control the world economy.Main reason is its volatile nature and it is not backed by any government or authority to ensure its value.But it may become a secondary currency in many nations and would be used to transact money at very low fee.In future,it would be mostly used as a digital asset and it has already changed its track from being a currency to a valuable digital asset.

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October 18, 2017, 07:33:24 PM
 #209

It is possible but unlikely. This would mean that significant part of international trade would be paid in bitcoins. This also means that the price would be much, much higher than it currently is.
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October 18, 2017, 09:43:48 PM
 #210

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.
I absolutely agree bitcoin will control our economic and the power of bitcoin today it will never stop the popularity of bitcoin. It is all true what happen today in the digital era  soon it will use as currency as one.

Only a fool can deny this fact that bitcoin is the upcoming international currency of the world. It is already the strongest currency among all currencies of the world. It is not only a currency but also the most cherished and used form of investment.

People are switching to bitcoin from gold and other conventional forms of investments. There is no doubt in this fact that bitcoin is already controlling the economy of the world.
I think not to the point of controlling the world economy instead,helping the economy to grow and be more successful. Take it as a positive view of bitcoin because in that way people will keep their trust and continue working with bitcoin. Our economy will improve more and more and bitcoin won't harm a thing with the economy. The economy will boom and will cater how successful it is worldwide. I think this will venture more of the growth it has specially bitcoin has a brighter key to help and support financially that correlates businesses in each different sectors of the economy. So that means not controlling the economy.
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October 18, 2017, 11:42:41 PM
 #211

This is certainly dependent on marketcap, if marketcap bitcoin biggest and beat all the currency of course bitcoin can control the world economy, but seems to take time because currently bitcoin marketcap is only about 100 billion USD. if you look at the graph of course takes more than 30 years.

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October 19, 2017, 08:37:34 AM
 #212

This will need a long time to happen, but it is very difficuly to happen in the near future at least. Most people around the world still using fiat currencies and banking systems, and the Bitcoin's community is a minority compared to the worldwide population. So we need to wait and keep supporting Bitcoin and let more people know about it and trade it.
Yes it is a very long time consuming process as there are several countries in the world where most of the people even don’t know about bit coin which will take so long time. I am looking it as not a very easy job for bit coin to get the hold over the economy of the whole world.
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October 19, 2017, 08:39:36 AM
 #213

who knows but i dont agree this arguement, world economy controlled by big and strong families and also btc is a strong instrument for economy and big players use btc with other instuments.
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October 19, 2017, 04:09:55 PM
 #214

maybe this news is just a hoax. yes i am a fan of bitcoin and i am thankful for all the benefits that it is providing. however at this state i don’t see bitcoin YET as controller of the world. there are still alot possible happenings in bitcoin once it had began to itself format and began to be ruled by more people. However it will not be that bad to hope for the best for bitcoin
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October 19, 2017, 05:23:03 PM
 #215

For now certainly not yet, we all know that the world economy control is the dollar, when compared with bitcoin of course the dollar is stronger and must be recognized it takes a long time to be able to beat the dollar.


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Harlot
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October 19, 2017, 05:33:14 PM
 #216

How will a currency control the economy of an entire world? It is like saying that the one who has the highest quantity of Bitcoin will control the world. As of right now I don't see any clear indications of which it will control the world, but looking at Bitcoin I see that it will help a country's economy grow as it has given some people a chance to earn additional income meaning the influx of cash has increased in their side, also the chance of tourist spending Bitcoin in their country will have a positive effect on their economy.
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October 19, 2017, 05:56:00 PM
 #217

some of medias sometimes only showing fake article without any good reference to support those article and usually they did that to increase their viewers and i think considering bitcoin can control world economy is too much because that almost impossible and many countries won't let their countries controlled by one currency

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lordquanta
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October 19, 2017, 07:12:45 PM
 #218

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. 
Controlling is bit harsh or ambitious way to put the bitcoin use. It is better to assume that in future world economy will be centered around bitcoin and its backend technology like blockchain. As far as dominance is concerned then bitcoin is bit easy to control or manipulate if a company has deep deep pockets to accumulate the huge chunk of bitcoin. Any example, recently biggest drop in the bitcoin market was direct result of JPMorgan chief warning, threatening people against bitcoin. From the 5k dollars bitcoin dropped to 32k dollars.
Bitcoin in its current format has strongest and evolutionary way of transfer of money or value from one to other. Sooner or later bitcoin or at least the vision being the bitcoin, crypto currency from the Satoshi will rule the economy.
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October 19, 2017, 07:37:30 PM
 #219

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. 
Controlling is bit harsh or ambitious way to put the bitcoin use. It is better to assume that in future world economy will be centered around bitcoin and its backend technology like blockchain. As far as dominance is concerned then bitcoin is bit easy to control or manipulate if a company has deep deep pockets to accumulate the huge chunk of bitcoin. Any example, recently biggest drop in the bitcoin market was direct result of JPMorgan chief warning, threatening people against bitcoin. From the 5k dollars bitcoin dropped to 32k dollars.
Bitcoin in its current format has strongest and evolutionary way of transfer of money or value from one to other. Sooner or later bitcoin or at least the vision being the bitcoin, crypto currency from the Satoshi will rule the economy.
To date, Bitcoin is becoming very popular among very rich people. First of all, this is due to the fact that as offshore companies are closed in other countries, it is nowhere to hide their illegally earned funds. and in this situation they will receive help from the crypto currency, which by its anonymity will help to hide their incomes.
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October 19, 2017, 07:45:47 PM
 #220

Yes, it is true, and it is also true that bitcoin will dominate the world one day. In fact, countries are in a progress of accepting bitcoin. For instance, Japan legalized bitcoin, thus it has authorities on it. People will want to use bitcoin than any other currency. The government will be obliged to fully make bitcoin as the official currency. And that will happen to the other countries until it dominates the world. That is what I mostly believe in. Moreover, there are people who will try to take bitcoin down because it does not go with their policies. Plus, some other people will use bitcoin illegally as they are using it now in the dark net even if it is legalized.
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