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Author Topic: can bitcoin govern the whole world?  (Read 1942 times)
tzipora234
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May 06, 2018, 10:41:49 AM
 #301

this is certainly a plausible possibility. i would say that even if it becomes the world's leading currency, not all trades and deals will be conducted using btc. in the same way the USD is now the world leading currency but not all trades and deals are conducted in USDs
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wave1002012
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May 06, 2018, 11:23:35 AM
 #302

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 it is possible, considering that many countries today accepted bitcoin including payments of selected establishments and i think other countries will follow if they realize the good offer by using bitcoin.
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May 06, 2018, 11:36:37 AM
 #303

This can not happen. Bitcoin really can not dominate all business markets. And dominate any future payments. Bitcoin is still banned in some countries, with high transaction costs and slow transactions with these disadvantages. I think bitcoin will not dominate in the near future.

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May 06, 2018, 11:38:45 AM
 #304

Yes, it is now used in some countries, and they find it a way to use, and it turned out to be a very convenient process, and why other countries do not want to take it, probably still afraid of the destruction of the economy.

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May 09, 2018, 05:18:07 PM
 #305

I am confident enough about the fact that bitcoin is the currency that has significantly changed the economic position of many countries but I would not be one of the people who are voting for the usage of it in our everyday life and resigning from the regular money completely.
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May 09, 2018, 05:22:18 PM
 #306

No!
That are 99.99% impossible!
The only scenario to happen this is if all countries will don't use local currency anymore (YEN, RUBLE, Euro, USD AU etc) and swich to BTC.

So....i don't thinks World Currencies will dissapear for BITCOIN TOTAL CONTROL!!
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May 09, 2018, 05:34:50 PM
 #307

Everything will depend on the functionality of the bitcoin itself. Now we can see that he is not in his best form. Therefore, we can not even say how it will behave by the end of this year. However, it is not worthwhile to swing the world domination under any circumstances. Bitcoin did not appear to manage other currencies. He needs to coexist peacefully with them, only then he will be able to show his advantages and personal qualities.

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May 09, 2018, 05:44:34 PM
 #308

On my opinion bitcoin cant govern the whole word because still alot of government against in bitcoin.
Still more countries not accepted bitcoin as their major currency because they did'nt know what is crypto currency. They still want fiat as they permanent currency.

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May 09, 2018, 05:45:31 PM
 #309

Of course bitcoin can make an impact on the whole world and I am shure it will, but I don't think that it can govern world market, at least not in the nearest future

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May 09, 2018, 05:49:10 PM
 #310

 Cool The thing that manages the world is humanity. The crypto exchange is a man-made system.
Crypto money starts a new era. He will do great things both technologically and socially. One of the biggest stock exchanges is the crypto stock exchange.
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May 09, 2018, 05:49:26 PM
 #311

No one can say that will happen, but as they say bitcoin is a vehicle and we're the driver, now if the bitcoin runs the economy it's likely to get angry especially the haters nit
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May 09, 2018, 05:50:35 PM
 #312

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 will not govern the whole world, not all the countries are accepted our bitcoin and some of them are completely banned the bitcoin like North Korea. In this country, you can't use it your cryptocurrency. They have already banned all the cryptocurrency and when you caught in the act, you can get in the jail or maybe worst.

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putriliesma
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May 09, 2018, 05:52:42 PM
 #313

Looks like it will not be possible, maybe there is a bitcoin that will be set by the world. Bitcoin still has no power to govern the world, because bitcoin itself is still much doubtful by some people and countries.
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May 09, 2018, 05:54:18 PM
 #314

Bitcoin the ability to govern the whole universe and also provide for their well-being with it weary out. If going by the world of cryptocurrencies Bitcoin as the mother can govern the whole world without any support from other coins currencies. If there should be a coin that can be globally be accepted today it will be Bitcoin. Bitcoin has ability and capacity to govern the whole wide world.
Sandijoee
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May 09, 2018, 06:14:06 PM
 #315

it will not be possible. Because each world has a government, bitcoin is not a government. Bitcoin is the electric money and digital gold to invest in people all over the world. Bitcoin can only help the economy of people in this world.
maxman190
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May 09, 2018, 06:22:06 PM
 #316

may and rules, but his reign will be short-lived. bitcoin is generated quite slowly, and in addition, about half of the theoretically possible number of bitcoins has already been generated, which means that bitcoin is sufficient to service money circulation only in case of economic stagnation. When the economic growth begins, the bitcoins will immediately become scarce for his support.
eashikde
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May 09, 2018, 06:37:00 PM
 #317


No. States will not give much development and not allow strong growth of bitcoin. There is no confidence in the future, why talk ahead.
thom88
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May 09, 2018, 06:39:33 PM
 #318

No it cannot. As much as I believe in it, bitcoin can not become the one and only main currency in the world. for multiple reasons that i don't even know where to start mentioning them.

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May 09, 2018, 06:58:30 PM
 #319

Of course Bitcoin can manage all the economies around the world, I know that the number of transactions that can be publicly fought and can control many parties, of course the advantage of preventing the existence of crime or the like, we can see in the last year, almost the whole world is talking about Bitcoin with rising, and this has reached the limit we want !!
Farhan786
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May 09, 2018, 07:11:29 PM
 #320

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 don't think that. Though bitcoin is the best payment system in all transactions system but there are huge people uneducated worldwide .they don't know about bitcoin. They do not know internet. If Bitcoin is a public currency then what will these people do? So what is the Bitcoin-only for educated?
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