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

[Stavvay]

I believe it can become the most dominant currency online!
However, check out the PumaPay project to really fuel your Friday...Stay in the know check out PumaPay's telegram channel today: https://t.me/pumapay_news

[1714010132]

1714010132

[1714010132]

1714010132

[1714010132]

1714010132

[1714010132]

1714010132

[roadwell890]

it could be true because many governments have felt injustice in balancing their fiat prices globally, some of which have been pressured by extraordinary inflationary pressures and almost bankrupt, then what can be done by them other than selling state assets and borrowing IMF funds etc in amounts very large?

if every country is able to be stable in managing their own altcoins, there will be a process of moving the conversion of currencies from USD to bitcoin. if this happens in many countries with a binding MoU. then bitcoin will control the economy quickly and become a fairer foundation.

[Madiha]

bitcoin is a powerful big digital currency in the world. Bitcoin will control the world economy believed can do it. but i think can take a lot of time.

[Escan0r]

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 it will be a little difficult if you will control the world economy. But nothing is impossible in this crypto currency. I am sure that the crypto currency will be very useful to the world we live in.

[Jambo tape]

For now i don't think so, maybe in the future there is possible that bitcoin will control the economy of the world if 94% pecent of our population is already using bitcoin for their daily needs, that's my opinion,because it takes a very long process to get there, requires a lot of regulation in crypto with various countries in the world

[cahbagus555]

I think it's far from happening. Bitcoin was not made to control the World Economy. although we all know that Bitcoin will play a big part to improve our Economy. but that doesn't mean that Bitcoin will control it.

I am agree with this statement. Bitcoin will improve our economic system and bitcoin already offering new monetary system with uncontrolled currency and transparancy in data transaction. I am believe bitcoin system will adapted by many institution to make their economic more stronger

[Sirait]

sorry, I think that assumption is wrong, Bitcoin is not a group like Rothschild or another group that controls the world economy, but if Bitcoin will control the way and the world transaction system, I really agree because that is Bitcoin with its Blockchain technology...

[DavidNiva]

bitcoin as a currency, how to control the world? if the currency belongs to one country such as an American dollar, then of course America can control the world by regulating dollar changes and usually disrupting their desires ... but bitcoin? first he does not have a country that can regulate, secondly all countries have the same potential for bitcoin when globally without barriers that can affect the movement of bitcoin anywhere, so bitcoin can be a neutral currency in the world without interference from one country.

[Paigewatkins]

Although bitcoin is the first in all coins. But Bitcoin can't control the economy of the world. Bitcoin can contribute a great deal to the economy of the world.

[influe_ntial]

To control the entire world economy you require some essential things, for example, mass level accessibility, agreeableness, and validity. I think the last two things are not an issue for Bitcoin but rather it isn't accessible over the world. The main cost isn't a factor with a specific end goal to rule an economy. so I figure Bitcoin should go far regarding this issue. it is additionally evident that Bitcoin must be sanctioned in each nation then it would be a vital money yet not commanding.

[horaceN]

This will not happen, Bitcoin is not strong enough and not enough influence to control the world economy, maybe in the future Bitcoin will be stable and play an important role in the economy. Controlling the economy with Bitcoin is not enough.

[jambul_kribo]

sorry, I think that assumption is wrong, Bitcoin is not a group like Rothschild or another group that controls the world economy, but if Bitcoin will control the way and the world transaction system, I really agree because that is Bitcoin with its Blockchain technology...

good point mate, bitcoin is not institutional that able to controll world economy.but it could replace current global payment system if bitcoin has fast transaction speed and low fees.when it happen , international trade will using bitcoin replace L/C or others system.

[Katystrong]

I don't agree with you. The world economy need a currency that they can control to maintain the economy system world wide but bitcoin is decentralized and hard to control. As a result, i think it is impossible

[Tatsuyashiba]

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 do agree with you, but if you look at this again, it is not a reality, just a mere expectation, which in fact we do not know what will happen in the future to BTC itself, maybe BTC can indeed be used as a digital world currency, but to be used as a state currency. the global currency is still very far from the existing reality, it can be seen from the many government regulations that prohibit the circulation and transactions of using BTC in their countries.

[ganlianshifu1]

BTC is difficult to influence the world economy. Although BTC is now well known to many people, its economic volume is still small!
BTC also needs to slowly strengthen itself to compete with traditional legal currency!

[galambo]

sorry, I think that assumption is wrong, Bitcoin is not a group like Rothschild or another group that controls the world economy, but if Bitcoin will control the way and the world transaction system, I really agree because that is Bitcoin with its Blockchain technology...

good point mate, bitcoin is not institutional that able to controll world economy.but it could replace current global payment system if bitcoin has fast transaction speed and low fees.when it happen , international trade will using bitcoin replace L/C or others system.

By L/C, do you mean Local Currency?
I actually don't think that bitcoins can really replace the local currencies untill and unless they are decentralised.
There is not huge point is making this topic go viral as we all know that bitcoins are going well as they are being decentralised rather than being centralised to be able to use as an replace to local currencies.

Blockchain transactions are a way different to understand for many users who are not that related to the cryptocurrencies. Transactions with the fiat currencies are really much easy to handle and also has no transaction cost. Fiat and cryptocurrencies are much different from each other and also non relative.

Going back to OP, i don't think that bitcoins can really control the world economy but instead it could have some major impact on stabilising the economy. If majority of peoples from a certain country are related to cryptocurrencies, than indeed the economy of that specific country can rise up.

[Roni116]

I think the world economy is governed by the government, and I think the government will not allow bitcoin to control the economy because bitcoin is unstable and that will be a risk to the economy.

[Raven91]

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. 

if the bitcoin will become the worlds used money for transaction i think it might control the worlds economy because it is decentralized and removes the taxes that we need to pay.

[hsyncl]

I believe you'il definitely check it when the time comes. Everyone has a common virtual currency. Because the exchange rate differences will be gone. People will have everything they want to have as soon as they want. Although this situation worries the states in this direction, the situation is definitely going towards it.

[mamesso]

all countries experienced a decline in the value of the currency caused by rising dollar prices including several developing countries. this is a gap for the government to develop digital currencies and blockchain is a future financial technology.