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Author Topic: can bitcoin govern the whole world?  (Read 1942 times)
Jose21
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May 10, 2018, 03:45:01 AM
 #341

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 No, because many businessmans, companies and also the governments will not allowed to it. No one will not interested in jobs anymore, instead they will focus only in bitcointalk. It is not probihited to join in bitcointalk but you must have a permanent job also. Bitcointalk can help you to have an additional income.
There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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SnapDown22
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May 10, 2018, 03:52:14 AM
 #342

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.?
maybe now only some countries that have begun the breakthrough and bitcoin already used in the economy of the country, to regulate the financial system of the world economy I think is still too far and long and the process is still very far but all can happen without us know the certainty
Mia_pikachu
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May 10, 2018, 04:05:05 AM
 #343

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.?
maybe now only some countries that have begun the breakthrough and bitcoin already used in the economy of the country, to regulate the financial system of the world economy I think is still too far and long and the process is still very far but all can happen without us know the certainty

that's the case, bitcoin is one of the very good digital money the price up to now, indeed in some countries there are already using bitcoin to be used as a means of payment, but even then in certain countries, so hope bitcoin will be easier to use as a tool payments in some other countries as well, although we do not know when it will all happen.
szhaidar
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May 10, 2018, 04:09:53 AM
 #344

It's not like governing the whole country. The purpose of Satoshi behind BTC was to make transaction fast and secure. It was not idea to do illegal activity with btc. He made a decentralized platform where all the transactions will be secured, transparent, fast.
cris hazada
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May 10, 2018, 04:25:59 AM
 #345

I would say no, Bitcoin cannot govern the whole world. The reason is because irrespective of the general adoption, there are still countries that bans the use of bitcoin for one reason or the other, so if bitcoin cannot be applied in some countries of "the world", then bitcoin cannot govern the whole world.
Lan Yiki
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May 10, 2018, 04:29:08 AM
 #346

The banking industry will also stop bitcoin. Perhaps with the development and expansion of the encrypted currency community, bitcoin will be more used in the business field in the future. It is perhaps and currency in each country is coexistence. Tiền xu như OMG đang đến và cố gắng giải quyết vấn đề mở rộng quy mô lâu trước khi nó trở thành một vấn đề. Nếu Bitcoin không thể mở rộng quy mô, hoặc làm như vậy với tốc độ chậm như thế nào nó có thể chi phối thế giới? Không đời nào.
Ch01ce0N3
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May 10, 2018, 06:45:00 AM
 #347

One word I will say; extraordinary! Yes, amazing! I'm sure bitcoin will be the digital currency that will be accepted in all countries around the world.

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AurumService
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May 10, 2018, 10:22:27 AM
 #348

One word I will say; extraordinary! Yes, amazing! I'm sure bitcoin will be the digital currency that will be accepted in all countries around the world.

If it happens it will happen in the future that is too far away from us.
anti76
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May 10, 2018, 03:27:02 PM
 #349

I think that bitcoin will never be able to rule the world! Yes, bitcoin is without doubt very strong and capable of completely changing the financial system of the world, but to rule the whole world - no!
Rubble898zaitO
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May 10, 2018, 03:35:29 PM
 #350

It is possible but I don't think any government will allow that to happen, they cannot control Bitcoin so they will never allow it to be the only one to gorvern the world of business market. Bitcoin is a great innovation, a great asset and digital currecny but it can never govern the market alone, it can work hand in hand with the other currecny but never alone, i don't think so.
sirmitchel
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May 10, 2018, 03:58:23 PM
 #351

I think bitcoin has something very unique to offer, and with the innovation
of the blockchain technology there is something truly in it that can really help
in a global spectrum with regards to the financial and transaction matters. But
volatility might hinder that, that is maybe why governments and other strong
financial institutions will never let it pass through. Maybe at a later time when
certain issues will be resolve and things will go well with whatever Bitcoin’s
technology can contribute to improve and manage things there on.

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TrunksIsHere
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May 10, 2018, 04:09:18 PM
 #352

I can't see this to be happend very soon or at all. It's hard for bitcoin to control the world when the world don't want bitcoin to rule in this conditions. The best solution for bitcoin is to stay what it is ...the future.
aitrading
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May 10, 2018, 04:25:58 PM
 #353

Definitely, it's possible. But not now. It's time to adopt BTC and increase people who will enjoy it Cheesy
goldenwikiD
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May 10, 2018, 04:37:13 PM
 #354

It definitely can be a part of governing the world as $1000 bills used to be a part of governing the USA. But there will need to be other legitimate cryptocurrencies to support it, like the $100, $50, $20, $10, $5, $1, .50c, .25c in the USA, for those who cannot afford Bitcoin.
mahfuj7779
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May 11, 2018, 09:51:16 AM
 #355

I think Bitcoin can not rule in the whole world. Bitcoin will not allow the control of the economy of all countries. Because not all people are educated.
nurbay
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May 11, 2018, 10:12:13 AM
 #356

Bitcoin has the issue of becoming the money of the future.
But it will take a long time and the regulation of each country is not that easy.
All require a long process to go legal.
Bitcoin can govern the world of the business market if all countries support it and the more people who use Bitcoin.
It will convince the whole world that Bitcoin is worth it.
kasemin
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May 11, 2018, 10:23:34 AM
 #357

True the government will not allow it because it will only benefit most of us here using or investing in Bitcoin. Because if you look at how the poor and those who do not know how to use Bitcoin.Mungkin with the development and expansion of Bitcoin encrypted currency community will be more widely used in the field of business in the future.
hastang
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May 11, 2018, 10:33:43 AM
 #358

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.?

there can be posibility but to see it happening this year or in the next year is imposible.. we all know that some countries are now banning cryptocurrency in their country... this scenario will drag BTC to down making it imposible to govern the world... third world countries would have difficultly in accepting BTC as a currency and a medium of exchange...
Technology would be the greatest hindrance it to happen as some countries is not well supported with internet. and BTC is 100% depending on web to make transaction.
Corsicoin
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May 11, 2018, 10:46:35 AM
 #359

Money does not govern countries.
People govern countries using money.

Bitcoin is for people so if people want to use it to govern themselves it's possible...

Legone
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May 11, 2018, 10:55:53 AM
 #360

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.?
Everything has its own proper usage and special advantage to the right and easy way of payment system. Bitcoin is the right currency for online transaction and for longterm investment. I think bitcoin automatically can  govern to all people in the whole world, if those people who have access it.
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