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Author Topic: Bitcoin will control the world economy!!!!! is it true?  (Read 8437 times)
bitbunnny
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August 24, 2018, 11:40:59 AM
 #561

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
 #562

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
 #563

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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August 24, 2018, 02:41:40 PM
 #564

it can happen, bitcoin can definitely control the economy in the world, bitcoin income is a lot, surely the bitcoin currency will control the economy in large countries
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August 24, 2018, 03:15:19 PM
 #565

Rather, the economy will control bitcoin but I think it will be the main economy )

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September 07, 2018, 01:32:39 PM
 #566

Already today Bitcoin has its place in the world economy and is capable of exerting influence on it, if not indirectly, at least indirectly. To date, the most obvious trace of influence is two. The first is the crowding out of generally accepted Internet payments through services like PayPal or bank cards from the Internet
The second level of crypt pressure on the economy is the shift in the investment balance. Simply wild quotes of a number of the largest crypto-currencies make the profits that they give out to the investor, the practical ones are unattainable for more classical methods of creating a portfolio of investment passive income.
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September 07, 2018, 03:39:00 PM
 #567

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 will take a long time before bitcoin will control the world economy because for now bitcoin and other cryptocurrencies has a low price in the market. That is why a lot of people are complaining that all of their holdings are very low.


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September 07, 2018, 03:51:19 PM
 #568

No, it won't. Bitcoin could revolutionize several traditional and existing systems in our modern days. The blockchain where bitcoin has been built is the technology of the future. However, bitcoin will not control the economy, it would only help improve the processes within the economy.

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September 07, 2018, 07:42:58 PM
 #569

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 is can affect world economy but not it not control as much as fiat currency affects. Bitcoin is a investing tool  and this thing affects the world economy by separate affect all county economy. It is a volatile currency so their is an ups and downs comes in its market price its affect an country's share market value and this thing ultimately affects the world economy.  Bitcoin work with many government to solve their economy related problems and also help them to improve their economy by decreasing the unemployment issues present in their country and this thing positively affects the world economy and its association with many big multinational companies also affects its market price.
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September 07, 2018, 10:18:08 PM
 #570

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 could happen but it will take a long time for us to see that because people are still afraid of cryptocurrency. And there are also a lot of hardships that prevent crypto from becoming an official currency as well as a kind of asset that will be recognized but we will still believe in a good future.
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September 07, 2018, 11:17:08 PM
 #571

I don't think so.
Bitcoin is not currency, is not like a virtual or fiat currency such as dollar, Rupee, Rupiah and etc. It is not controlled by any authority, as the base foundation is decentralized system. So, it can not control the world economy. However, it has much effect to the stability of the world economy, because the users increases significantly day by day. I would like to wait and see what will happen in the future if bitcoin used by every one.


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September 08, 2018, 01:54:18 AM
 #572

oh really this is very frightening, if in the next few years bitcoin manages to dominate the world economy, I hope the impact of inflation is not very large, if the impact of inflation is very large there might be many poor people like me who will be choked and crazy
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September 08, 2018, 02:10:12 AM
 #573

I do not think bitcoin will control the world economy, there are many factors that control the world economy not just the financial group, but also the social group ,so as part of the bitcoin it will only take part of the world economy but not totally.
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September 08, 2018, 03:39:57 AM
 #574

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, It is possible that bitcoin would be the main medium to control the entire economy because in our day bitcoin has almost control the economy of the other particular country but, we all know that in crypto world  there are so many instances that  could stop bitcoin such as the unstable price of bitcoin that could be the main cause of falling bitcoin.But technically, many people depends on bitcoin, they take the bitcoin as their main source of their funds. So, we expect that most of the people specifically bitcoin user would agree on this kind of situation. 
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September 08, 2018, 04:54:39 AM
 #575

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 future we may see the reality of this statement but now bitcoin market capitalization is little compared to the role stocks and forex play in our economic.  I believe that time is coming were we would be able to see governments using bitcoin as an economic model.

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September 08, 2018, 06:57:30 AM
 #576

Bitcoin is definitely the most important in this world economy we can see great results in the field of finance and many industries and most important in e-commerce and merchant acceptance
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September 08, 2018, 09:53:28 AM
 #577

Bitcoin is the most popular online currency of the current period. Some countries use Bitcoin to expand their business, which has some impact on Bitcoin in their economics. Bitcoin is affecting some of the financial sectors, but I do not think Bitcoin can ever have economic control around the world.
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September 08, 2018, 10:33:49 AM
 #578

Bitcoin is not money but a speculative asset. Accordingly, money is issued and controlled by central banks of nations, and the exchange rate between currencies depends on the economy and the trade balance of nations. While Bitcoin was not issued by any country and the price was entirely based solely on the supply and demand of investors. So Bitcoin can master the economy of the whole world.

Eijrafarm
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September 08, 2018, 10:34:16 AM
 #579

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. 

For now I think it is not possible. It's influence is not wide enough that we could say that it will have a large impact to the world's economy if there is a price movement of bitcoin.
manismanja
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September 08, 2018, 10:40:17 AM
 #580

I don't think it will be true that bitcoin will only be a solution to the problems that will occur in the future by using bitcoin all payments and transactions will be safe and comfortable.
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