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Author Topic: can bitcoin govern the whole world?  (Read 1942 times)
ALI AKBAR
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March 16, 2018, 08:48:03 PM
 #101

Nowadays, Bitcoin is spreading all over the world. Keeping a bigger role in the economic development of the world. Bitcoin is used as a transit partner. Bitcoin is now in use and use of banks. It can quickly make payments in the world. Bitcoin is still illegal in some countries in the world. But how Bitaken is going forward, it seems that it will rule the world at one time.
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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Ruthless67
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March 19, 2018, 09:17:00 AM
 #102

If you ask if Bitcoin can manage the world's currencies, I think it's possible that we will see it in a few years time. I believe Bitcoin will actually accomplish great things, but Bitcoin needs time to succeed.
natalagerman95
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March 19, 2018, 09:32:38 AM
 #103

Well, even the most influential person can not manage the whole world, and bitcoin controls only his own crypto currency
Lintel
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March 19, 2018, 09:40:45 AM
 #104

Nowadays bitcoin reach other countries and it is use in some transactions and very helpful in some country's economic.
What you can say?
Can bitcoin govern the world of business market, govern the world of every payments as it is moving to make it the future money.?

Bitcoin can make an impact in the world but I think it can govern the whole world. I am into bitcoin to earn and have an invesstment . to govern the world of every payment I dont thnik so, Not everything can be paid by bitcoin . cryptocurrency is not being controlled by the government nor banks so  its not that easy.
ropyu1978
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March 19, 2018, 09:42:27 AM
 #105



I do not think so, however bitcoin can not regulate around the world.
wrong understanding according to my point of view.
but bitcoin can be the most efficient alternative as a tool of transactions and assets in investments. I agree. and in essence, today is the digital age and bitcoin is part of digital technology.
putrisa
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March 19, 2018, 09:54:19 AM
 #106

Nowadays bitcoin reach other countries and it is use in some transactions and very helpful in some country's economic.
What you can say?
Can bitcoin govern the world of business market, govern the world of every payments as it is moving to make it the future money.?

bitcoin set the world seems to be difficult but to regulate the financial condition will certainly be able to affect the world's financial condition because bitcoin is a very influential digital currency in the future, because we know the paper currency is very inefficient and has started to lead to digtial currency .
zolfa
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March 19, 2018, 10:01:23 AM
 #107

Nowadays bitcoin reach other countries and it is use in some transactions and very helpful in some country's economic.
What you can say?
Can bitcoin govern the world of business market, govern the world of every payments as it is moving to make it the future money.?
I think it could be, because as we know bitcoin can now be said to be a global currency. Because the range that can be used by all circles. And of course bitcoin itself has good prospects for long-term investment vehicles.
@ophiuchuss13
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March 19, 2018, 10:05:24 AM
 #108

In my opinion, it is quite possible. The essence of everything that is happening, not in the cost and role of bitcoin, but in the break of the current economic and organizational structure of the world.We need to change the world, the financial system is one of the options for development, thanks to the crypto currency, we can go further in our development, dropping all the patterns and models of the past.
andika2018
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March 19, 2018, 10:21:15 AM
 #109

Nowadays bitcoin reach other countries and it is use in some transactions and very helpful in some country's economic.
What you can say?
Can bitcoin govern the world of business market, govern the world of every payments as it is moving to make it the future money.?

Right now its hard bitcoin as payment in many country because banks do not want lose their control. But maybe in the future bitcoin can be payment. Right now many people treat bitcoin as investment instrument
snowbubble
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March 19, 2018, 10:23:35 AM
 #110

I think Bitcoin can rule the world, only problem is need to increase speed and decrease fees and so on, and in 5-10 years we can see it everywhere in any shop.
Lorna111
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March 19, 2018, 10:28:58 AM
 #111

Maybe the PREMISE  in not on  "Bitcoin can govern the world?" but instead Bitcoin can replace FIAT money on both local and international trading. The global acceptance of Bitcoin is growing (Bitcoin is Phenomenal Crypto). The Monetary Regulators of its country, are now looking into the safeguards vs scammer on crypto. there are some news how the government/ authority deals with the suspected scammer. am looking forward to see the Bitcoin and any other ALPs  coin will go thru a regulatory process by its country on how the people safely use this for any trading in the near future.
lukeclick
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March 19, 2018, 10:37:24 AM
 #112

I really do not understand what you mean by govern but if you were referring to it being able to replace regular money as we know it then yes, there's always a possibility for that to happen.
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March 19, 2018, 10:42:18 AM
 #113

Even though I am optimistic about the future of cryptocurrencies and the scope in offline markets, I don't think that cryptocurrencies will govern the market anytime in near future. I believe that cryptocurrencies will gain a place as one of the major players in fund transfer industry on a global scale but still requirement for dominance would be much higher at any given point as we are talking about global level.
perova93
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March 19, 2018, 11:26:49 AM
 #114

Yes I think that can manage only the process of the economy if it is legalized by the whole world then there will be no problems
jemarie20
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March 19, 2018, 12:04:25 PM
 #115

Based on my personal perception, THERE  are alot of thing that we can say bitcoin can govern the whole world is because bitcoin is acceptable to all country that why we can say bitcoin is now a universal currency that are use by world as a representation of a things in term of treading.

plaintiff77
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March 19, 2018, 12:08:20 PM
 #116

Well so far for now I dont think so because bitcoin is not yet legal in all countries.Its because some government are against bitcoin because they say that it is illegal.However if bitcoin will continue to grow there will be a possibility that it can govern the whole world but I think it will take a couple of years to happen.
Gaff
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March 19, 2018, 12:41:55 PM
 #117

Even though I am optimistic about the future of cryptocurrencies and the scope in offline markets, I don't think that cryptocurrencies will govern the market anytime in near future. I believe that cryptocurrencies will gain a place as one of the major players in fund transfer industry on a global scale but still requirement for dominance would be much higher at any given point as we are talking about global level.
Bitcoin is undeniably incredible in addressing people's needs, however honestly I don't think it can govern the entire world. Its economy is young, still developing, and is unstable. But, I hope we still continue to support and promote it, so step by step it shall lead the whole world in the near future.
lavishlifing
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March 20, 2018, 12:42:21 PM
 #118

wait, what???
Zachwolf
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March 20, 2018, 01:04:58 PM
 #119

Nowadays bitcoin reach other countries and it is use in some transactions and very helpful in some country's economic.
What you can say?
Can bitcoin govern the world of business market, govern the world of every payments as it is moving to make it the future money.?

with the present happenings in blockchain, i think the main purpose of this currency is been ignored, one of which was for fast transaction and low cost of transaction, today what we see is very high transaction fees. if the cost of transactions can be looked into, then bitcoin will be future money. for both the poor and the rich.

As of now we cannot say that because not all of us already know about bitcoin crypto currency. Even though there are some countries accepted this kind of currency still not all people live in that country support bitcoin.
TIDOVEE
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March 20, 2018, 01:19:27 PM
 #120

Yes, but it may take quite a long time.
Bitcoin has the shining potentials of governing the world currency and influencing the world economy positively.it had the capacity of drastically alleviating the world poverty.
All this and more can be possible where it is embraced and accessible.
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