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Author Topic: can bitcoin govern the whole world?  (Read 1942 times)
ladydark
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April 21, 2018, 07:03:04 PM
 #161

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.?
No bitcoin is still not legalized in many countries.Not every payment could be made in bitcoin as still majority of companies do not accept bitcoin as a payment option.

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icaica22
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April 22, 2018, 02:56:18 AM
 #162

I think it is difficult to break through the governments of these countries. The banking industry will also stop bitcoin. Perhaps with the development and expansion of the encrypted currency community, bitcoin will be used more in the business field in the future.
jagmrx
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April 22, 2018, 03:01:12 AM
 #163

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.?
No bitcoin is still not legalized in many countries.Not every payment could be made in bitcoin as still majority of companies do not accept bitcoin as a payment option.
What do you mean by that ?I think it is difficult to break through the governments of these countries. Do you think btc can control the world ? The banking industry will also stop bitcoin. No man, the world is controlling btc. Perhaps with the development and expansion of the encrypted currency community, bitcoin will be used more in the business field in the future. But I think btc will never control the world. That will not happen as long as bitcoin is illegal, bitcoin can not regulate the whole world, and I think it would be impossible to realize one currency for the whole world, because every country has its own rules. Everything as it is own function including btc.
Bitcoinjheta
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April 22, 2018, 03:02:18 AM
 #164

I think it is difficult to break through the governments of these countries. The banking industry will also stop bitcoin. Perhaps with the development and expansion of the encrypted currency community, bitcoin will be used more in the business field in the future.


It is quite wishful for us member of the bitcoin community for bitcoin to govern the whole world since it would mean breaking walls against the government and banking industry. The economy can't run under decentralized currency since it would be a great opportunity to gamblers and corrupt politicians to make more money, leaving the poor ones in the losing end. Policies and sound protocols should be implemented.
brightology
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April 22, 2018, 06:12:00 PM
 #165

Bitcoin is a digital currency that is only work online transaction, and it take  a long period of time to circulate, and bitcoin and other crypto are known as digital money, secondly Bitcoin has not be  legalize for many countries. just a matter of time.
Sumo
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April 23, 2018, 09:44:43 PM
 #166

Bitcoin will not allow anyone to control the world and somehow significantly influence the economy. Yes, it can make a modern financial system more comfortable, but it can't influence.
olegblinov86
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April 23, 2018, 09:57:43 PM
 #167

It is unlikely that the government of any country will allow bitcoin to control the economy. And if that happens, it will simply turn our modern world upside down.

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WhaleHunter
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April 23, 2018, 10:21:01 PM
 #168

To formulate such a statement you must ve extremely simple minded. The world does not work like that.

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knight20
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April 23, 2018, 10:59:13 PM
 #169

Probably no, to supply the whole world by bitcoin is kind of bitcoin also govern the world. In terms of currency bitcoin is the strongest currency right now. But the question is how long bitcoin will exist? How long bitcoin will still the king of kings of all currencies.
Finestream
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April 23, 2018, 11:29:09 PM
 #170

I think it is difficult to break through the governments of these countries. The banking industry will also stop bitcoin. Perhaps with the development and expansion of the encrypted currency community, bitcoin will be used more in the business field in the future.
Yes i agree.Bitcoin may be considered a very popular cryptocurrency but i don't think it will govern the whole world in the future.It's a decentralized one and its high volatility would prevent it from governing the whole world since people are not used in it and would face numerous problems if bitcoin will surpassed fiat currency.

jonkibo
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April 24, 2018, 12:55:01 AM
 #171

not really because other countries banned bitcoin for currency.
LCHY
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April 24, 2018, 01:36:56 AM
 #172

can bitcoin govern the whole world? The answer is of course not.

What bitcoin tries is to challenge the whole financial system of the current world, it can't success for now.
bowenaguilar32
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April 24, 2018, 02:17:44 AM
 #173

i think yes, BTC has the capacity to govern the world because it has a precious value eventhough it is a cryptocurrency. i mean the only thing that could shut down bitcoin is global internet shutdown of course without internet we could not gain access to our coins
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April 24, 2018, 02:34:45 AM
 #174

It cannot be happen that btc govern whole world because I believe in near future, there's a lot of great project to come that can defeat bitcoin...as a matter of fact, many incoming project that have a great innovations about new generation of Blockchain Technology and it so very interesting and very helpful.
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April 24, 2018, 04:06:50 AM
 #175

It has a quite high possible. if bitcoin is accepted by many big companies and many peoples, all of us will using bitcoin in the future.
if bitcoin used by all peoples in the world, bitcoin will govern the whole world for sure.

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De Suga09
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April 24, 2018, 04:10:49 AM
 #176

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.?

For now in the current situation of bitcoin, it is not yet possible that it eill govern the whole world, although it has the capacity to. Yes it has a huge contribution in the economy of some countries but some nations do not understand and appreciate its help to their country. The probability a single currency governinv the world is still impossible in my point of view.
Kolly
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April 24, 2018, 04:15:44 AM
 #177

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 believe to govern you say means to dominate. I dont think that it would do. Although its population and acceptance is increasing, government around the world are still skeptical on whether to adopt it or ban it.

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mustafizur8400
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April 24, 2018, 04:37:00 AM
 #178

It is definitely time consuming. If all countries have positive attitude towards bit coin and accept it as medium of trading in their daily life then only it can govern the whole world. It is totally uncertain.
Raven91
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April 24, 2018, 04:43:27 AM
 #179

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 believe that bitcoin can control or govern the whole world if in the future it'll be the money or it'll be the way to use in transacting money, paying bills etc. bitcoin has a big impact right now not only for adults but for some teenagers as young as they are right now and they can understand the concept of bitcoin they may be the one of the factor that bitcoin may be govern the world in the future.
Dod Ong
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April 24, 2018, 04:44:31 AM
 #180

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 if all of the people in the world using bitcoin, for me the bitcoin can govern the whole world. I want to earn money so I want also to share my blessings to other by teaching them how to use bitcoin. The bitcoin is very powerful because of it's ability to give or earn money by some bitcoin users.
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