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Author Topic: Bitcoin will control the world economy!!!!! is it true?  (Read 8923 times)
Blackhammer321
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September 18, 2018, 01:46:01 PM
 #621

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. 

Surely it will be. As what the bitcoin can do today, there is really a huge possibility that this will be the next weapon in helping the world economy to be in good situation. No doubt about it. It has the potential that the current currency cannot support. There is really a huge difference between the two and bitcoin is dominant.
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September 18, 2018, 07:36:19 PM
 #622

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. 

Surely it will be. As what the bitcoin can do today, there is really a huge possibility that this will be the next weapon in helping the world economy to be in good situation. No doubt about it. It has the potential that the current currency cannot support. There is really a huge difference between the two and bitcoin is dominant.
Strongly agree with you after the invention of bitcoin our life has become very easy and good, so as time is passing bitcoin is being more developed and more profitable, it is good time when we all should earn good profit to improve the economy, all over the world people are earning good profit with bitcoin, if we notice now the ratio of unemployed people has become almost zero so we should try to contribute with it for investing more and making economy good.
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September 19, 2018, 04:33:32 AM
 #623

Bitcoin will control the world economy when bitcoin is officially recognized by the government as a legal currency, replacing fiat and bitcoin into the world's common currency. I think bitcoin will be in control. but the government will never allow that to happen. 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 equal to Cryptocurrency .
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September 19, 2018, 08:49:31 AM
 #624

I think control is a harsh word to describe what Crypto currency will do in the future. Maybe it's more like Crypto currency will be the default global currency in the economy since it is by far faster, more transparent and decentralized. I just hope this day comes sooner rather than later for us to enjoy more of this system.

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September 19, 2018, 12:21:01 PM
 #625

I think that's just news that is made to boost bitcoin prices so they have a lot of interest with the ultimate goal of increasing the price of bitcoin itself, I think it is impossible because now only a few countries give legality to bitcoin and transactions, so it's impossible if bitcoin can control the world economy
Well you cannot really use the word control. In economic terminologies, it is rather called the currency having the big portion in the circulation. And yes, Bitcoin might be the cryptocurrency that will be most probably desired for transaction and many other purposes in future because this is one great technology that has been rapidly growing lately and been accepted by so many companies and giant ventures.

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September 19, 2018, 02:38:01 PM
 #626

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. 

Maybe that can happen but many countries will not approve the use of bitcoin as a medium of exchange and this will greatly make it difficult for bitcoin to be developed.
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September 19, 2018, 02:44:49 PM
 #627

very true because with the existence of bitcoin the world economy has experienced good changes, because bitcoin users are also very good and fulfilled economy. so bitcoin does help the world economy
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September 19, 2018, 06:21:18 PM
 #628

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 does not have the ability to control the global economy. How will he do it? Monetary investments in the crypto currency are still very small, in order to have a serious impact on the economies of different countries. I think that in the future bitcoin and other crypto currency will simply be one of many forms of cash settlement and will exist in parallel with other forms of non-cash settlements.

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September 19, 2018, 06:56:29 PM
 #629

You are totally wrong
Investment in Crypto is only about 2% of worldwide investments in different assets
Crypto market is really small and is getting smaller now
that can change if etf will be approved

 
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September 19, 2018, 07:08:43 PM
 #630

I think it is not so easy for Bitcoin or any other crypto currency to control the economic world, especially nowadays with the actual market status. The trading volume of crypto in general dropped down since a few months ago, and the crypto community isn't really growing up so fast like the 2017's summer for example when the BTC price was around $20k.
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September 19, 2018, 07:24:46 PM
 #631

Cryptocurrencies will control the economy in the future. Today we need to let more people know about crypto.
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September 19, 2018, 08:02:06 PM
 #632

If we look at existing technology, of course, all possibilities can occur and Crypto will be very easy to control the whole world with all countries that support Crypto to circulate in every country, of course everyone will turn to Crypto and we can enjoy the ease of technology forward quickly.
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September 19, 2018, 08:59:42 PM
 #633

If we look at existing technology, of course, all possibilities can occur and Crypto will be very easy to control the whole world with all countries that support Crypto to circulate in every country, of course everyone will turn to Crypto and we can enjoy the ease of technology forward quickly.
That is right, there is a study that time will come when government will need bitcoin and ask for help from it but we don't know if it will come or not, but for now bitcoin cannot control the world economy yet as still not all people wanting to have bitcoin.
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September 19, 2018, 09:22:56 PM
 #634

No that's not true. First, bitcoin itself is not able to do this. It is simply an alternative payment system to the existing payment system. Secondly, the states will not allow the decentralized anonymous crypto currency to manage the global economy. In addition, I will decide that its level of capitalization and price so can generally rise.
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September 19, 2018, 09:28:25 PM
 #635

I promise i will not control the economy only have 0.1 btc , i got many altcoin without value  , the only hopei have  is to wait couple years to see if any alcoin i have will make me happy!


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September 19, 2018, 09:54:16 PM
 #636

That is not true , bitcoin is only part of world economy ,it contributes to the world economy , but it will not controlled the total world economy , there are many contributing parts of the world economy and bitcoin is just part of it , so bitcoin is really of help to world economy

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September 20, 2018, 12:20:06 AM
 #637

That is not true , bitcoin is only part of world economy ,it contributes to the world economy , but it will not controlled the total world economy , there are many contributing parts of the world economy and bitcoin is just part of it , so bitcoin is really of help to world economy

Indeed, bitcoin is decentralized system and dont have CEO. Hard for bitcoin to control world economy because every country have their own advantages and different regulation. But i am believe bitcoin will be used for internation payment and accepted in any merchant in the world
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September 20, 2018, 12:23:38 AM
 #638

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. 
At this time, I can't say for sure that bitcoin will control the world. But there is actually aa possibility about it which will depend on how the society accepts it in another 10yrs.

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September 20, 2018, 12:32:27 AM
 #639

bitcoin will control the economy? then who controls bitcoin? bitcoin is self sustainable, no one controls it, no individual has control over it, but the people who uses it, there are millions of bitcoin users all around the world, technically nobody has, so how come it can control the economy? if you are referring to bitcoin as gauge in the economy, maybe yes, just like dollars, that are being used as a reference to measure how stable and how good is a country's economy. since bitcoin is getting more popular in the financial sector, it can really be a standard that should be reckoned with.

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September 20, 2018, 12:52:24 AM
 #640

Bitcoin has the capabilities of positively affecting the world's economy in general. Bitcoin offers good incredible benefits to our finances by harnessing payment methods through the provision of good security, fast transaction, low cost per transactions, owner control of transactions etc.
Bitcoin also offer job opportunities and financial satisfaction to the people and as such boost the economy of the world.
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