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Author Topic: Bitcoin will control the world economy!!!!! is it true?  (Read 8732 times)
Crypto24hrs
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August 22, 2018, 07:52:55 AM
 #521

Another big question is does bitcoin have the potential to control the world economy? if yes is the answer then what do you think will prevent bitcoin from controlling the world economy? nothing at all, yes bitcoin can control the world economy.
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automaticmoney
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August 22, 2018, 10:49:42 AM
 #522

bitcoin is as of now got a prominent place in world financial market and it is growing once internet world take bitcoin as the main currency then we can expect bitcoin will rule the world economy
Seeker#9
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August 22, 2018, 10:57:07 AM
 #523

It will be impossible for the bitcoin to control the world economy unless it is globally adopted and legalized by all governments and became the only currency to be use worldwide. Bitcoin could become the no.1 global online currency in cashless transactions competing with the digitalized currency of every country so it can't successfully control the world economies.
jlong187
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August 22, 2018, 12:35:13 PM
 #524

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 cannot imagine how the thing which is not controlled by anyone I'm in decentralised can control something else which is centralised, this concept is not fitting in my mind for now...
Neraj Evad
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August 22, 2018, 01:07:04 PM
 #525

Bitcoin will not control the world economy, but bitcoin will be part of the world economy, because bitcoin deals with financial activities , and bitcoin is in the other part of the economy for  it is circulating in the digital world and on the internet.
maculeth
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August 22, 2018, 01:11:14 PM
 #526

How to? I don't think so. when bitcoin will become a global currency? It will not happen. because all countries will certainly not approve it, because a stronger country wants a higher fiat exchange rate. and if bitcoin takes over the position, the exchange rates in all countries will be the same. so, that won't happen.

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Magic Sarap
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August 22, 2018, 01:20:45 PM
 #527

why are you so sure of this? I am a little hesitant.
world financial experts have agreed, if bitcoin will never dominate fiat currencies.
I think it will, despite of bitcoins todays condition, it  will controll the world economy in the future. Because bitcoin is already accepted by some large companies and already legal to many countries and bitcoin continues to grow day by day so that its possible to happen

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yatogami
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August 22, 2018, 01:30:26 PM
 #528

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 could become the locomotive of the world's economy, but not now and not even in 5 years. There is still great resistance from the side of governments and banking institution, so it will take a lot of time for btc to overcome all the obstacles.

Bessta
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August 22, 2018, 02:09:04 PM
 #529

It will not happen unless banks and goverments would fully open their doors to bitcoin and alts economy. But i believe Cryptocurrencies will have its own time to flourish.

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mcabrito
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August 22, 2018, 02:16:33 PM
 #530

It will not happen unless banks and goverments would fully open their doors to bitcoin and alts economy. But i believe Cryptocurrencies will have its own time to flourish.

Yeah, it will have time but not now and not in the coming years. Let's see if bitcoin can control the world economy in the next more years and if bitcoin will be accepted worldwide.
dublados
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August 22, 2018, 02:22:48 PM
 #531

It is not true because it is only money specifically digital currency/money it means money.

Maybe it depends on the situation that may encounter in our generation. But in reality bitcoin can not change or control the events that encounter in economy because leader in each country can manipulate or can strongly control them. And leader can develop.

But, in the different side maybe can change in different ways, like in money transaction that can not pay the fee, and many more.
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August 22, 2018, 02:50:25 PM
 #532

bitcoin will control the world economy when bitcoin is officially recognized by governments as legal currency, replacing fiat and bitcoin into the common currency of the world. I think bitcoin will be in control. But the government will never let that happen.
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August 22, 2018, 02:51:45 PM
 #533

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. 
World economy is still under strong control of the governments, so I don't think bitcoin will ever be allowed to take the place of a leading currency. Governments will find ways to regulate crypto in such a way that it does not interfere with the use of main world's currencies (USD, euro, yen).

cryptocurrencyguru
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August 22, 2018, 05:32:34 PM
 #534

Bitcoin will improve the world economy in many ways like banking the unbanking population and less inflation helps to fight poverty
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August 22, 2018, 05:40:53 PM
 #535

Talking about controlling the world economy ,in what way exactly would it control the world economy? We should talk about BTC being used very well for trading and exchange of value which is what would likely happen in tgw nearest future.
Moonblock
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August 22, 2018, 05:46:45 PM
 #536

We think it will continue to grow, but we don't see it replacing other markets, it is going to be another one, just like forex, stocks, bonds and futures can co-exist.
anti76
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August 22, 2018, 06:43:17 PM
 #537

I think this is too exaggerated. In the future, of course, bitcoin will have power but not now. It's too early to talk about it
dniwe_dna
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August 22, 2018, 06:59:04 PM
 #538

This may be true very soon. Dollars that hold the world economy are devalued every day, from the moment when the gold standard of 1971 ceased to work. Bitcoin can really change the whole world economy.
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August 22, 2018, 07:47:09 PM
 #539

This may be true very soon. Dollars that hold the world economy are devalued every day, from the moment when the gold standard of 1971 ceased to work. Bitcoin can really change the whole world economy.

some countries began to fully adjust bitcoin in their financial draft, strong economic pressure from the USD made them obliged to look for alternatives, Turkey was one of those affected, and they began to look for ways to maintain economic sovereignty, crypto currencies were an alternative good to develop.

CoachCarter
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August 22, 2018, 08:34:21 PM
 #540

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.

It doesn't make sense, First of all bitcoin can't be manipulated by anyone or any institution.

Its a way way worst it can't even be used as a weapon because the global adoption is not yet done and most of the people are still using the standard way by using fiat cash.
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