Bitcoin will control the world economy!!!!! is it true?

[Kiweikoo]

bitcoin will be next weapon against rich men and bank system who control all over world

No doubt that bitcoin is going to uniform all the masses equally. Bitcoin will control the world economy and there will be no any monopoly of rich in the world and poor would not be suffer by behavior of rich persons. It is right that bitcoin is a good weapon of poor against the rich people. I think bitcoin will easily control the world economy because no any government and organization and institution can restrict bitcoin.

I don't think so. If we're talking about global economy, bitcoin doesn't have that much following yet and would probably have a hard time getting to fiat's level. Though of course, in the long run, bitcoin will pick up speed more but not enough to control world economy

Bitcoin improves the economy of a singular region who is using it then why not it will change the economic situation of whole world and the main reason for acceptance of bitcoin to new countries is clear that they totally want to be economic stable and this will surely help them to improve and boost to economy and more of it bitcoin is famous for standard raising it will surely boost economy of world.

[bestluck]

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.

True. Bitcoin itself is so unstable that it can't control the world economy. Yes it has gained popularity and more and more people are now knowing about it but how can something so volatile, something whose value can change in the flicker of a night can control the world economy. For example, In november 2013 the bitcoin bubble burst and bitcoin fell from US $ 1137 to US $310 a year later, a drop of 73%.

Bitcoin itself seems to be in fluctuation with stability gain happening periodically making it grow. In my personal thinking bitcoin has the potential to make the country grow in economy. The same won't let it control the economy of the nation, it has been very small in market capital compared to gold. So, little by little changes were felt in countries bitcoin is part of their economic management.

                   Funny it seems but it is not like that actually, i prefer if people controls the economy by huge mass production of certain need, but if we talk about bitcoin? Nah i don't think so. How would actually a certain currency controls the economic world? Because of its value and people would strive just to have bits of satoshis? I think it wont, it is just the same with our current money but has different features and different purposes.

Well I know it’s not a weapon but I have a question and I want to know the answer please if it can’t control the world economy so why its price is high hen any other currency around the world and why it’s going to accepted by countries and why it’s become legal in some countries and recently bitcoin arrived to Thailand as well so what is all this and why it’s going popular and stronger day by day.

[UsernameBitcoin]

Yes it is true and Bitcoin will control the world economy because it will be the world reserve currency that all other countries base their value off of.

[Kakawate]

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 what I know, bitcoin is something that cannot be controlled or used by anyone, so the idea of bitcoin being used as a weapon to controll or rule the world economy is something that I don't think will happen. But bitcoin does really have the capability to help the economy of our wold change for the better, and that is the good thing about bitcoin.

[samcrypto]

Bitcoin can really be the major factor to boost economy of every country, this is a great invention that we have i think this century and people should really adopt this new system. Bitcoin offers opportunity to improve lives of every people and i know this thing will surely happen in the future.

[omega14]

not so far..yes. because as of now bitcoin is being spread  around the world.

[macchiato]

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.

The world economy greatly depends on physical money not on cryptocurrency. Bitcoin won't replace the role that paper money plays in the economy of every country so don't be threatened by it. Not all country recognize bitcoin in the first place.

[macchiato]

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.

True. Bitcoin itself is so unstable that it can't control the world economy. Yes it has gained popularity and more and more people are now knowing about it but how can something so volatile, something whose value can change in the flicker of a night can control the world economy. For example, In november 2013 the bitcoin bubble burst and bitcoin fell from US $ 1137 to US $310 a year later, a drop of 73%.

Bitcoin itself seems to be in fluctuation with stability gain happening periodically making it grow. In my personal thinking bitcoin has the potential to make the country grow in economy. The same won't let it control the economy of the nation, it has been very small in market capital compared to gold. So, little by little changes were felt in countries bitcoin is part of their economic management.

                   Funny it seems but it is not like that actually, i prefer if people controls the economy by huge mass production of certain need, but if we talk about bitcoin? Nah i don't think so. How would actually a certain currency controls the economic world? Because of its value and people would strive just to have bits of satoshis? I think it wont, it is just the same with our current money but has different features and different purposes.

Bitcoin is very unstable. It could be a factor of economic changes but it is not totally the main contributor. Paper money is still more powerful.

[AjithBtc]

Yes it is true and Bitcoin will control the world economy because it will be the world reserve currency that all other countries base their value off of.

I don't think that's gonna happen. Bitcoin might serve as an reserve for the entire digital currency, but the same won't lead the entire economy of the world. When we take into consideration the capital volume of bitcoin into circulation around the world countries, we're very low in volume than the fiat.

[Burks]

Bitcoin can really be the major factor to boost economy of every country, this is a great invention that we have i think this century and people should really adopt this new system. Bitcoin offers opportunity to improve lives of every people and i know this thing will surely happen in the future.

There are many advantages and disadvantages for a government from bitcoin.The advantages are bitcoin for a government is it makes the people wealthy who invested on it,it really help to increase country's economy.But the main disadvantage is the bitcoin transaction are fully anonymous and private. Unlike in payments through bank, where the transactions can be tracked and identified, bitcoin transactions cannot be identified.So he don't have to pay taxes which decrease the income of country's economy.

[TrueCryptonaire]

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's future will really be great considering the fact that it is gaining attention from all around the world which may lead to it's prioritization within every nation. If someone wants to use bitcoin as a medium to become rich, he should first be willing to exert most of his time and effort with bitcoin. The time required depends on the way you earn money. Some ways are fast and easy but some are difficult and long but usually brings the greatest rewards. There are very much chances of bitcoin capturing the economy.  Everyone is interested in bitscoins and buying and investing in it.

[iamTom123]

Funny it seems but it is not like that actually, i prefer if people controls the economy by huge mass production of certain need, but if we talk about bitcoin? Nah i don't think so. How would actually a certain currency controls the economic world? Because of its value and people would strive just to have bits of satoshis? I think it wont, it is just the same with our current money but has different features and different purposes.

Bitcoin is not really designed to control any country's economy. The fact that it is decentralized is a big feature that will thwart any possible control. Bitcoin is basically returning the power back to the people so we can draw our own destiny away from the control of the government and f financial institutions. We should be looking at Bitcoin as a medium or a tool and so far there is no one tool that was able to control the world because even if half of the total global population can be dumb there remains to be people just like you and me who are still logical and would not easily accept anything if the purpose can clearly not on the interest of the greater good.

The more we associate control and dominance with Bitcoin the more we have authorities in the government who will have misconceptions and misconstrued assumptions regarding Bitcoin. In the game of boxing, this is just like telegraphing your punches. let's stop the notion that Bitcoin is meant to control a country's economy or political realities because so far there is no evidence for this.

[josh07]

for me bitcoin can not control the world because bitcoin is not just the world's most powerful money so it's not capable to spin it so many people scream or stumble when it happens bitcoin does not need the most powerful of all money It's okay to say that he's a lot of help people and many people are hoping for him so I believe that bitcoin can not control the world ....

[Semar Mesem]

Certainly for now not yet, when viewed from the data market cap then only about $ 140 billion and of course still far compared to the dollar that reaches thousands of trillion. But I hope to soon use bitcoin as the world's official transaction.

[developer101dev]

It will not really control the economy, Bitcoin swarming the economy of a country will be depending on the government and in my opinion, government controlling the flow of bitcoin in the market is really bad because they might put a tax on it and it will be really hard to earn money for sure since they are manipulating the values.

[tengek37]

I do not think bitcoin will be able to dominate the world economy as long as there is a country that has not legalized bitcoin as a currency that can be used as a legitimate means of exchange, but when bitcoin is recognized by all countries in the world still will not be able to control the world economy, the government makes laws that regulate bitcoin, but I think bitcoin can help the growth of world economy through stock market or trading and even investing.

[stepwilli]

Bitcoin can really be the major factor to boost economy of every country, this is a great invention that we have i think this century and people should really adopt this new system. Bitcoin offers opportunity to improve lives of every people and i know this thing will surely happen in the future.

I have same opinion this regard. First of all, if we talk about citizens earning bitcoin even if the respective government has not legalized it, it affects the economy of that country. By reducing the number of unemployed people, financial stability is achieved. Now those governments that have realized the true power of bitcoin and allowed the citizens to take advantage from it will definitely get greater benefit because the awareness level will be a huge one.

[BlueStackz]

I do not think bitcoin will be able to dominate the world economy as long as there is a country that has not legalized bitcoin as a currency that can be used as a legitimate means of exchange, but when bitcoin is recognized by all countries in the world still will not be able to control the world economy, the government makes laws that regulate bitcoin, but I think bitcoin can help the growth of world economy through stock market or trading and even investing.

There is nothing in this world which is not possible. Anything can happen and this world can surprise you in so many ways. With the advancement in technology, things are getting revolutionized. There are likely chances that in the coming days, this world economy will be controlled by bitcoin and other crypto currencies. The major factor which will decide this thing is the interest of government.

[Napole0n]

I think still not, we can see from the market cap that is still far below the USD or other strong currency, if the growth of bitcoin like last year then I am sure in 10 years will dominate the world economy.

[Skyshark]

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 its true that bitcoin is capable of controlling the wolrd, but I just don't know if someone can control bitcoin. We all know that Bitcoin can't be controlled by anybody, and that is the good part about bitcoin, so I doubt that someone can use bitcoin as a weapon.