can bitcoin govern the whole world?

[Oto3]

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.

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[pareshnakar]

No bitcoin govern not whole world but sometime after the maybe whole world because its increased very fast and more growth comparision to other coin.

[oni4an]

It would be very desirable, but it will be very difficult. Definitely, bitcoin will be conquered by many areas, and more and more with the development of blockchain technology.

[angaper]

It is true that bitcoin still has great potential in the medium term, but I believe that in these moments of advanced technological development, most of the crypto-enthusiasts are fully aware of the great limitations of bitcoin to successfully face the great competition of new and most versatile cryptocurrencies of today.

It is true that the committed team of bitcoin developers has shown sufficient ability to incorporate solutions to these limitations on the fly, but I think it can not live too long depending on patches, so if the bitcoin is not submitted to major surgery and reinvent itself, I do not think it could be the cryptocurrency that dominates the world economy as many thought several years ago.

[hasimkamal]

If everyone accepts it then surely it can govern the whole world. As bitcoin is leading the crypto world, there is a possibility to lead the whole world.

[cotton ball]

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.

if bitcoin can be superior to the USD in the world currency benchmark, bitcoin will become a concentration center for all heterogeneous economic fields, if in the end bitcoiin is recognized by most countries especially developed countries, then this potential still exists. We are used to the old economic style that closes the idea for a new economic system that leads more to the concept of digitalization.

[maximkretov]

Yes, of course: bitcoin is very poor from a purely technological point of view. In addition, we are waiting for the insane Internet of things with its incredible number of devices and the amount of data transmitted, and quantum computers that are created since 80 years of the last century and that are about to loom on the horizon. Finally, bitcoin is nothing but big things can not be bought - transactions are insanely expensive, which means that the world is still waiting for a transactional coin and ether will not help here.

[terbetet]

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.?

That case will still be dependable upon the scenario because there are still too many countries who are still not into accepting and even using Bitcoin into their daily life basis so how come it can govern the whole world if not everyone believes on it despite of its leading popularity among the other existing cryptocurrencies. If all the people around the world especially the government will do fully support Bitcoin usage as well as the other cryptocurrency usage, maybe it can be possible that someday in the future Bitcoin can govern the world currency but for now, I do not think so that can be possible.

[bentong talong]

If everyone accepts it then surely it can govern the whole world. As bitcoin is leading the crypto world, there is a possibility to lead the whole world.

Yes, acceptance could make it through. On the other words, Bitcoin can govern the whole world if people will keep supporting it through thick and thin. Also, if the government will support support, it will definitely govern the world.

[Gaff]

It is true that bitcoin still has great potential in the medium term, but I believe that in these moments of advanced technological development, most of the crypto-enthusiasts are fully aware of the great limitations of bitcoin to successfully face the great competition of new and most versatile cryptocurrencies of today.

It is true that the committed team of bitcoin developers has shown sufficient ability to incorporate solutions to these limitations on the fly, but I think it can not live too long depending on patches, so if the bitcoin is not submitted to major surgery and reinvent itself, I do not think it could be the cryptocurrency that dominates the world economy as many thought several years ago.

I totally agree! Bitcoin is a great invention, has always been the leading cryptocurrency globally and been contributing a lot in the society. It's true enough that more development are underway to strongly support its system. However, I don't think there is an easy way for it to rule globally as a principal currency, because its regulation is mostly constrained. I think it's a matter of feeding people the right information and educating them properly to see the real essence of bitcoin.

[wewe123]

The bitcoin I think can not govern the whole world , because bitcoin is only circulating in the digital world and not the outside world but when time comes that bitcoin is officially be accepted as common currency with terms and conditions with the government, then it may govern the world.

[P60]

The bitcoin I think can not govern the whole world , because bitcoin is only circulating in the digital world and not the outside world but when time comes that bitcoin is officially be accepted as common currency with terms and conditions with the government, then it may govern the world.

I agree with you, Bitcoin cannot govern the world because it a a digital form; it is depends in the internet connection in order to function and not everyone has it. Thus, iy could only govern some part of the world.

[mendra_2009]

Bitcoin has been desirable to people all over the world, many investors are investing bitcoin, and bitcoin has also been used in transactions in several countries. meaning there has been recognition of bitcoin. this indicates that bitcoin has an influence and has the power to be able to regulate the business market and is used in payment of a transaction. for it is possible that bitcoin will become future money recognized by the whole world, and in the end bitcoin can organize the whole world.

[Shiversnow]

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 believe that bitcoin and the whole cryptomarket can lead economic side of our society to success in the future. It will take time and great effort and support from many sectors of the society but it will happen eventually in my opinion. For the years to come, I believe that more companies will be integrated to this market and spread this great innovation to the public.

[Baby Dragon]

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 now tops the industry of cryptocurrency and eventually I hope it will top the whole economy in the future. I can see that block chain technology and the market for cryptos will grow more in the future so it will be not surprising that this industry will also be the future dominant currency in the economy.

[jake zyrus]

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 is growing number of people engaging in crypto currencies and bitcoin is really popular. As our society becomes more reliant to modern day technologies, I believe that crypto currency will be the future of our economy. I hope that these cryptos will be more commonly use by the public and give rise to a new era of living.

[Nevkeke]

I don't know its technology is powerful and preferred technology. Businessmen around the world can not be indifferent to this situation. These guys use things that make things easier

[Urbinklin]

This is of course a huge statement, the whole world will not obey a single currency, as long as the authorities in many countries are greedy and stupid officials. They only think about their pockets.

[onnz423]

Decentralized governance isn't on Bitcoins feature list, it doesn't have much smart-contract functionality like NEO or ethereum so I really don't see how it can be used for decentralized governments or corporations. if you are asking if it can control the world, as per money makes the world go round, then yes, it can fall into the same category as money and bitcoin are synonymous

[onemoretime8520]

if the btc will become the only currency and govern the world it means that the world will become the most centralized place in the whole of its past history which is quite far from the mission and vision of btc.