can bitcoin govern the whole world?

[Silentsweeper]

If Bitcoin becomes the world's major currency one day it will change the world. The obvious point is cheaper money transfers. It could encourage governments to move towards a more rational global currency. Bitcoin could accelerate global cooperation and democracy in macroeconomic practices badly in need of an overhaul.I think the breakthrough of Bitcoin is the best technological advancement since the Internet.The Internet brought us free distribution of information. Bitcoin is going to be the competition against fiat money for a long time.

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[batang_bitcoin]

Yes it can but to say that it will govern "EVERY" payment, we need to give some time before it happens. Regulations are there so people who are skeptic about bitcoin will have to change their mind regarding this matter.

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.

No it doesn't mean replace of regular money but govern means like simply being used with policies.

[Bitcotalk]

wait, what???

This is really an interesting question but the point is it is too early to comment on anything like that. We all know the capabilities of the bitcoin in much better way and that I am having no doubt in accepting this thing that bitcoin has this much potential to become the global currency and that it can really help this world in becoming a better place to live in as well. However, for this we need to wait.

[buburjelly]

Although bitcoin is already used by people all over the world and its presence is very helpful in the process of a transaction but I do not agree if bitcoin is considered as a regulator of world economic market even though the chances are very big. I personally prefer if bitcoin is used as another option for assets in terms of investing because then bitcoin will remain a lot of interest to investors for profit without any special regulation because the system implemented by bitcoin has been very beneficial for its users.

[brickafterbrickwalldpt]

We are still far from huge Bitcoin adoption but we are on a good way. People are now more aware of risks of current financial system which is very likely to collapse in the next few years thanks to growing cryptocurrencies adoption and decisions of people who are responsible for world's economy. It is a matter of time before Bitcoin will replace dollar in terms of acceptance and popularity. Many countries are going to help Bitcoin with it. Finally, we will be able to stop using banks and other third party services which are currently responsible for our money.

[newb-dev]

Bitcoin has lots of chances to become a huge power in the financial word and I believe in less than 3 years will be an international payment method

[neo444]

Yes why not ? the most powerful country now uses bitcoin and legal also this high price courage everyone to change his political statut and work to make happen that dream in your question

[inooll00]

Depending on how much longer people will recognize Bitcoin has such a high value or price as now? Probably not all over the world, only a few countries are populated as Bitcoin users.

[ostrovagaly]

I do not think that he can manage the whole world, but he can correct the economy quite well and make his changes in the system.

[AllOfArt]

There has been some attempts of regulations over the past few years for all the crytotocurriencies

[gunungkembar]

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 business market seems like it will be difficult because we know the total supply that bitcoin has very limited but this could be a trigger increase and become the trigger of world currency movement if bitcoin is legend in all countries and accepted as a legitimate payment method.

[Nikolaiy]

Armed with an article from Bussiness Insider, we decided to deal with the bitcoins on our own and tell you about it. Let's start with the definition of the term and a brief history.

[AntonKrutkov806]

There are many such examples. And now there is an asset that shows a good profitability combined with a beautiful story about the future of technology.

[Kayum10029]

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.?

yes i can think that bitcoin will govern the whole currency world.day by day world becoming digital to ultra digital so world becoming closer to closer. people now using virtual money instead of paper.

[Kayum10029]

Bitcoin has lots of chances to become a huge power in the financial word and I believe in less than 3 years will be an international payment method

yes sir i highly support your opinion. bitcoin will be number one payment system in all transactions system not only marketing but also different jobs sector.

[Mr.Dick]

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.?

First of all, there never was one currency govern the whole world ( never it was just dollars or euro or gold) secondly, with the rise of btc many other similiar currencys where following so maybe we should ask ourselves if one day, maybe cryptcurrencys will be the main payment methods, which might be.
Not to forget there will be a tremendous resistance by governments trying to hold their own currency.

In my opinion CC's will developp a lot more common but are far away from govern the markets.

[hashshashin]

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 with blockchain technology can indeed be very useful in many areas of activity. But not all countries are ready to take bitcoin, this takes time. I think we will come to the fact that we can use crypto currency as a means of payment.

[aksen]

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 do not think that bitcoin will become as popular as cash worldwide. I will still be happy it is able to replace online payment systems like Paypal and credit cards. A lot of improvement is required for it though.

[dubidooh]

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 has made a good impact to different countries because of its benefits and advantages in this modern society. But, from my point of view, it cannot stand alone as to others would still prefer to use fiat money on their transactions. Yes, it is easy to learn and is user friendly, but say for those who doesn't own internet, smartphones, or is not tech savvy; i think these would be a hindrance for them to adapt.

[andrei214]

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.?

If bitcoin happens to be the global currency and if bitcoin have been accepted by many countries, then bitcoin can make a big difference and has the chance to govern the world of digital currencies.