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

[cryptonomics.global]

Usually people, not currencies control economies Even though hypothetically btc can become main global currency, most probably it won't replace all local ones. The same as dollar or euro didn't become one global currency.

[zulkarnaen]

yes although bitcoin has undergone significant evolution and progress but i'm not sure if bitcoin will be able to control and control the world economy, but certainly bitcoin has provided a good economic change for users who have confidence in bitcoin progres to participate and invest in it and this is also a support for the advancement of bitcoin.

[dragoz11]

For every huge invention there are theories like this and yeah in some point it can be more easier to control the economy but the question is why to control economy with a decentralized currency?

[andrei56]

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, that is a conspiracy theory and not a very good one, why do you think someone will create something like bitcoin to control the world economy, bitcoin cannot be shutdown, cannot be taken away from you and you cannot be forced to pay taxes, why would someone try to control the world with a coin like that.

[leyton11]

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, that is a conspiracy theory and not a very good one, why do you think someone will create something like bitcoin to control the world economy, bitcoin cannot be shutdown, cannot be taken away from you and you cannot be forced to pay taxes, why would someone try to control the world with a coin like that.

Why not? If someone can manage total hashrate in Bitcoin network (mining), this person or force will be the controller in the Bitcoin system. That's "Attack 51%", you can research more detail on Google Seach. And by the way, this future just happen if Bitcoin can become the primary currency someday.

[andrei56]

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, that is a conspiracy theory and not a very good one, why do you think someone will create something like bitcoin to control the world economy, bitcoin cannot be shutdown, cannot be taken away from you and you cannot be forced to pay taxes, why would someone try to control the world with a coin like that.

Why not? If someone can manage total hashrate in Bitcoin network (mining), this person or force will be the controller in the Bitcoin system. That's "Attack 51%", you can research more detail on Google Seach. And by the way, this future just happen if Bitcoin can become the primary currency someday.

If someone was able to get that kind of control over the network it could be very easy for all us to change to another coin, if everyone moves away from that coin then the person holding such hash power will be doing so in a coin that is no longer worth anything.

[Willeampere]

Unfortunately Bitcoin does not have the slightest strength in the world economy. If you look at Bitcoin's market volume and world trade rates, you can see that. For this reason, Bitcoin can not control the world economy, it can never affect it.

[Omega Weapon]

I do not think that it will be a powerful weapon for managing the economy, because if the Internet is turned off, it will simply disappear and will not pose any threat to the economy.

The consequences of turning off the Internet are so bad that are almost unthinkable, can you imagine the amount of money that is going to be lost if the Internet was shut down, you will not only shutdown bitcoin but the entire banking system as well, that is something that is not going to be done lightly if it is ever done, it is more likely that governments try to find a way to block bitcoin directly.

[Rajamuda]

Bitcoin indeed can be controling the world economy, but I think it all returns to the responses of all the governments of each countries to bitcoin, although many people / citizens of each countries that has been helped by bitcoin.. it still if all the governments of each countries completely banned bitcoin, bitcoin wouldn't be able to control the world economy.
Hopefully as time goes by, all the governments of each countries, would be really more having a good respond/thought or really admits to this digital currency that can be have a good influence on the country and its citizens, with a various efforts to regulating it., till can be really to avoid the crimes/criminalities and the risks to the country.

[Paycoinzzz]

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, that is a conspiracy theory and not a very good one, why do you think someone will create something like bitcoin to control the world economy, bitcoin cannot be shutdown, cannot be taken away from you and you cannot be forced to pay taxes, why would someone try to control the world with a coin like that.

Why not? If someone can manage total hashrate in Bitcoin network (mining), this person or force will be the controller in the Bitcoin system. That's "Attack 51%", you can research more detail on Google Seach. And by the way, this future just happen if Bitcoin can become the primary currency someday.

If someone was able to get that kind of control over the network it could be very easy for all us to change to another coin, if everyone moves away from that coin then the person holding such hash power will be doing so in a coin that is no longer worth anything.

Yes, about the theory, it just means we can control the system of cryptocurrency as long as we can own more than 51% hashrate in network.
However, nobody wants to use and invest in a crypto controlled by someone

[arthur25]

This time btc walking to its own road side by side of this world. Time will tell us if if bitcoin control the world economy. There is a big change to take this things to happen.

[mylifeisorandom]

There is a big chance bitcoin might but for now, with the deflation and inflation rate it has, it still has a long way to go.

[lemememe]

They just brainwash you with the media only. Bitcoin do not have posibility to controlling the world economy.

[Genemind]

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 can be true. I mean look at what happened to the USA's economy before when bitcoin affected them. The value of dollar was greatly affected by bitcoin's rise. So, there is no limitations as to what bitcoin's value can do to the economy of a certain country, or in all over the world for that matter, and we should be happy because bitcoin is starting to make some noise.

[kkukkugaga]

Bitcoin cannot control the economy. Only people and government can do that. Btc can only help, to maintain the development of the economy and help jobless people to help improve their lives as well.

[yacare]

Bitcoin cant control world economy. only the countries and the governments can, corporation.Bitcoin can influence economy, help with her development, it is a new stage and perhaps future

[gyu22]

In a world where Bitcoin was the most used currency, it would be difficult to state that anyone control the world economy. As bitcoin is a decentralized coin, we will be able to say that world trade is carried out in bitcoins but no one will be in control, no hedge fund, big investor as George Soros, and so on.

[Stac]

It is true that there is a possibility for bitcoins to control the world economy as this bitcoin network is the financial future of the world, this network helps to improve the living standard of the poor thereby decreasing unemployment and poverty from the world which are two major issues caused in the underdeveloped countries,  as this bitcoin technology provides an additional source of income by working with the bitcoin network and transacting using bitcoins worldwide. Bitcoins can be used as a currency and a good investment as it helps to earn more profits in the long run by increasing ten fold the value at the time of investment.

[intoy_victor]

Yes it could be possible true. Bitcoin will control the world government someday. Bitcoin could help all people that don't have capability to work like disabled persons, person that couldn't pass bar exams and those persons who caught it presons. Bitcoin is the best choice that they ever had. And I assure you all you will ever never regret it that you work here.

[CHENIEN]

For me bitcoin cannot control world economy. In fact, over the last 300 years, our economy has gone through changes that shifted its emphasis. Those changes resulted in four basic economic stages: agricultural, industrial, service and information. Although bitcoin is still growing , today the way most people earn a living on the use of bitcoin being connected online always.
Bitcoin is not belong to the four economic stages but if im the one choose who is the better that produced strong income i really choose bitcoin.