can bitcoin govern the whole world?

[DrakeDG]

There is an opinion that the appearance of bitcoin was not accidental, and it has a future, a grand future. I think that bitcoin will play a decisive role in the new world order.
Today, the independent value of bitcoin and etherium is obvious, with huge advantages and financial tools, so banks should think about competition with them.

What new world order are you saying? Even bitcoin will be popular to the newer generation it is not enough to convince our governments they will surely oppose this currency.

[Ganerch]

Noting is impossible to happen. If bitcoin will be the global currency or the popular term one world currency happend then it can really rule the world by manipulating the people with their purchasing power. As of now where still in the era of indroducing crypto currency to the world.

[Adamant06]

Noting is impossible to happen. If bitcoin will be the global currency or the popular term one world currency happend then it can really rule the world by manipulating the people with their purchasing power. As of now where still in the era of indroducing crypto currency to the world.

I agree,that we are now still in the era of introducing cryptocurrencies to the world,but also still it is too early for bitcoin to govern the whole world.If talking about the whole world its not easy task and a lot of risk to do that.Specially now a days some countries banned bitcoin that alone make difficulties arise in the crypto world.

[gigatux]

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 see its potential in the market. bitcoin can be an option for business market and  future  currency but I think currently bitcoin is still lacking in so many aspects such as stability and accounts being more secured. Bitcoin has the potential but It still has some room for improvements.

[Gregoryxl]

It is possible, the cryptocurrencies continue to dominate the market, creating its own structure, the problem is that there are many laws, many governments against and so that it can enter the economic model in a legal and official way it would have to yield before some rules and implements and previously created, probably work as a parallel currency even if this causes a competition with the dollar and euro (the most valued currencies) We'll see what prepares the future for bitcoin

[kashwin663]

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’s easy to transport.It is impervious to politics. The government could fall into collapse or communism and - so long as you can hide it - you can still spend it around the world and It’s durable. You can bury some in the wilderness and leave a map for your grand-kids to find it. It stores value.

[GeorgiyBilyk]

Manage the whole world of course it is strongly said! But still it can seriously affect the economy and development of the whole world! We are in an amazing time, when we can observe a new push of people's development! We see how quickly the technological projects began to develop, how money became easily accessible! In replacement of paper money, electronic money comes!

[Equity0924]

It is not literally govern, but bitcoin can be used in whole world on replacement, example on paying system or.banks, credit cards and savings.

[coingrowth]

Bitcoin will rule the world but government at social justice will also happen people recognise the technology

[CromwellReg]

I think bitcoin has a certain difficulty as a payment currency, its price is not stable, its transaction speed is very slow, its transaction fee is very expensive.

[joshua05]

As for the bitcoins rate that continuesly leveling up these days, its standards and great possibility is already seen. So, if the day comes, this weird world will get to be so ironically governed by bitcoin. But its the most wishes to everyone these days.

[jorse]

In my opinion, it is very difficult to happen because this currency has many who abuse for crime can be said very often stolen and there is no value for the state profits (no taxes) & its sources almost cannot be traced, So the government does not want to be responsible.

[luigidosado]

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.?

This thing might possibly happen specially nowadays that bitcoin is continuously leveling up and still expanding, reaching everybody in every country. But there are some other factors to be considered in order for it to happen. As long as governments still do not consider bitcoin's technology, it will be very impossible to happen. But bitcoin's volatile price will make it also impossible. What I really think is possible that, bitcoin will create its own world market for all cryptocurrency users.

[00DKM@]

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 take a long time to do this, bitcoin dominates the world, in the future, bitcoin will replace cash is very difficult. Governments must create applications to meet the needs of consumers. Convenience in payment, transaction. And the special thing is fixed bitcoin prices, so new bitcoin can replace cash. If the price of bitcoin fluctuates, no one will dare to hold the bitcoin for a long time.

[Generalbablita]

Could be a big factor, YES but the word govern holds a lot more meaning.

[Hexcolyte]

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 and no. Maybe not Bitcoin, since right now it's supply is highly concentrated. To become future money, which governed by the government, it should at least be distributed fairly. Even if government approve the idea of Bitcoin and wanna implement it, it is basically impossible to just use Bitcoin as their "money", simply because it is almost impossible to gdistribute Bitcoin to all citizens fairly.

[mOgliE]

Hi,

It.. is impossible, I think, to only use bitcoin. At least for the moment, because to be able to use bitcoin, you must have access to a computer and Internet. And this is far from being easy for everyone, even in the wealthy countries.

But indeed, the aim of bitcoin is to allow people to use a currency that cannot be controlled by any entity because it is possessed by many people and that the whole community has access to all transactions and can check everything.

As the use and power of bitcoin grows, we will see changes in our society!

[Wahyu aep]

it is very 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 more widely used in business in the future. This is possible and the currency in each country.

[brokens]

Bitcoin will be the currency that every country will use and we can see Bitcoin can help in some country's economic.
i think in the future Bitcoin will be increasingly in use by people and that's why Bitcoin has a good future from year to year.

[Vektrum]

At this time, bitcoin can not even fully perform the function of payment means, that is, used as virtual digital money. Therefore, what kind of global financial domination can we talk about? However, even if he eliminates his shortcomings, the states will not allow him as a poorly controlled coin to be in a more privileged position than their national money. While this is fiction and utopia.