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Author Topic: Bitcoin will control the world economy!!!!! is it true?  (Read 8922 times)
tyronecoinbit
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August 22, 2018, 09:16:18 PM
 #541

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.

Of course, we cannot says mass adoption right now because some countries not yet accepting bitcoin or used It as an mode of payment. And I think having an option to use bitcoin or fiat is also better for the consumers, as they can have the best of both worlds.
Brunusmagnus
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August 22, 2018, 09:57:07 PM
 #542

There is always someone who loves to exaggerate!
Bitcoin is only a means of payment, it can hardly serve to control the world.
But it is true that - if it will be truly accepted at all levels - it will produce major changes at the sociopolitical level.

yulionoo
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August 22, 2018, 11:29:44 PM
 #543

I've also read that bitcoin will control the world economy. in fact I doubt the news like that. but if I think further ahead, it could happen. with technology advancing and blockchain technology, in my opinion there is nothing wrong if we think that in the end the world economy will depend on blockchain technology. nothing is impossible.

 
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Dark Sky
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August 22, 2018, 11:42:00 PM
 #544

There is always someone who loves to exaggerate!
Bitcoin is only a means of payment, it can hardly serve to control the world.
But it is true that - if it will be truly accepted at all levels - it will produce major changes at the sociopolitical level.
yes bitcoin can control the world wide economy and that's why many countries accept this currency by its a lot of benefits and then it will give them much more opportunity, so those countries who are not accept this currency they will saw its benefits and then they will also accept bitcoin.

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August 22, 2018, 11:45:28 PM
 #545

The advantages of bitcoins will always be suppressed by big Governments, In anycase, bitcoin will play a more significant role in future economies, more like a supplement rather than a replacement
tonyosa
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August 22, 2018, 11:47:35 PM
 #546

There is always someone who loves to exaggerate!
Bitcoin is only a means of payment, it can hardly serve to control the world.
But it is true that - if it will be truly accepted at all levels - it will produce major changes at the sociopolitical level.
It is always dreamy for me to imagine that the US will let go of its powers to control,sanction, suppress countries whose interest do not align with theirs  by dumping the dollar for bitcoin, not likely now or in the future
weeks65
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August 22, 2018, 11:53:18 PM
 #547

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 that the idea is completely wrong, with the market capitalization of the crypto market only $ 200 billion, it can not affect or affect the world market. You can see that the bitcoin price will only affect the crypto market and will probably drop sharply at any time. According to my analysis, the crypto market will continue to decline in the long run.
Kamote_1102
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August 23, 2018, 01:37:26 AM
 #548

I think it will never happen. Bitcoin will never control the World's economy. It's far from happening. First, there are still some Countries that Bitcoin is not allowed. second, it's purpose is not to control the economy or anything. last, it will take a lot of discussions, debates and arguments between the pros and cons. this is just my opinion.

snatoshi
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August 23, 2018, 02:16:05 AM
 #549

First Bitcoin needs to solve it's scalability issues. Maybe Bitcoin X will someday  Grin
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August 23, 2018, 02:27:05 AM
Last edit: September 14, 2018, 10:08:05 AM by Aramazdi
 #550

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 seems to want to shift the dominance of the dollar against the world of trade, because China is now involved in a trade war with America, so the Chinese government must find alternative substitutes for conventional currencies

I think the cryptocurrency currency is very suitable to replace the role of the dollar, if all has happened very likely the world trade is controlled by bitcoin, because its nature cannot be regulated by any country and its use is very simple without any complicated regulation, we can see it in the next ten years.
MUG1WARA
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August 23, 2018, 02:39:29 AM
 #551

controlling the world economy with conditions like this still seems too far because the state of cryptocurrency itself is still not stable and how do you want to control the world economy? not for now but in the next few years if the price of bitcoin has started to rise again

Altf4
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August 23, 2018, 03:44:57 AM
 #552

World economy will not be control by one group only ther are many factors that control the economy of the land ,but for bitcoin it is only part maybe of the economy, and does not control the entire world economy, so that is not  true that bitcoin can control it.

Andrej Peiboski
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August 23, 2018, 10:59:23 AM
 #553

The bitcoin in theory is uncontrollable, unless you own 50% of the blockchain (which is practically impossible).
At the moment the capitalization is very low, so the whale movements have heavy effects.
When bitcoin is more widespread, it will be increasingly difficult to manipulate prices.

pumbum
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August 24, 2018, 08:30:02 AM
 #554

I think if people write such things in the media, it is best to have any submissions for such messages
GangNamSK
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August 24, 2018, 08:49:13 AM
 #555

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
It is currently a hot issue of the market. People are racing to invest and participate in the campaign to spend good profits. However, to say the latter bitcoin to control the world economy is not necessarily. As more and more elements are developed to generate more money. It's like new games come out and later games have more new ones.
James_H
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August 24, 2018, 10:23:31 AM
 #556

Cryptocurrency will control the world economy in the future, I think this will definitely happen, because the old currency system is no longer efficient and performance cannot be equivalent to Cryptocurrency. Bitcoin can control the world economy and maybe bitcoin will be used as one eyenew money for all countries even though for now, there are many different arguments for bitcoin, I think in the future, all governments will agree to use bitcoin as a new currency .
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August 24, 2018, 11:26:26 AM
 #557

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. 
You should not believe too much on what media saying in internet, i do think cryptocurrency is a good instrument of economy and it will become important indeed but to control world economy is too bullish and seems hard to be true. You should read more about development of cryptocurrency so you know what recent development.

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August 24, 2018, 11:40:59 AM
 #558

Bitcoin can't control world economy, this is an illusion.
The number of coins is limited, it's not legaly regulated in majority of countries and it's not designed to be mainstream currency. Traditional economy is based on completely different principles compared to Bitcoin and no government or country would give up their own national currency.

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August 24, 2018, 11:51:18 AM
 #559

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. 

This thing is mot impossible to happen. Today those who manipulates economy are the first world countries in which they are the one who has high value of money. And if the time comes that bitcoin value will rise, masses will love tomuse it and with this even big time Investors will be engaged in using bitcoin. Bitcoin is really powerful.
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August 24, 2018, 01:13:14 PM
 #560

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. 

This thing is mot impossible to happen. Today those who manipulates economy are the first world countries in which they are the one who has high value of money. And if the time comes that bitcoin value will rise, masses will love tomuse it and with this even big time Investors will be engaged in using bitcoin. Bitcoin is really powerful.

Yes i believe it can be the tool to manipulate the economy since it gives people the wealth in order for them to have freedom in their daily life.
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