can bitcoin govern the whole world?

[Blackrain13]

      I think bitcoin can't govern the whole world. First of all bitcoin is decentralized digital currency which means free from government. Bitcoin are global currency,wherever country you are,you can use and invest in bitcoin but it doesn't mean that it will rule and govern the whole world. Government will not allow it for sure. They are now put some rules and start regulating bitcoin. Bitcoin is just basically created for investment and other payments method.

[rtm125]

Of course bitcoin can topple paper money and lead, that even pensioners will walk in shops with card with bitcoins.

[Saiful Islam777]

It is very difficult. It would be strange if you think that Bitcoin will use the world one day. However, it is true that nonetheless, if the government is tolerant about this, it is possible to do it easily. I want Bitcoin one day to spread around the world but it must work harder and make everyone acceptable.

[blockchainwriters]

Bitcoin is People currency with peer to peer cash as per satoshi white paper and purely decentralized so taking bitcoin as explain it will change the way democracy should be ruled

[brengoskandel]

the answer will never be, despite the bitcoin vision to become the world's currency.
and not all countries accept the presence of bitcoin, many countries are banning the circulation of bitcoin, if in saying bitcoin will set the whole world, it is impossible
besides the amount of bitcoin is limited, there are only 21 million. is it possible 21 million is shared for the whole world?

[2Godbdglory]

NO, IT CANNOT BECAUSE BITCOIN DEALS WITH INTERNET WHEREVER THERE IS NO INTERNET IT WILL NOT BE POSSIBLE BECAUSE INTERNET IS THE POSSIBILITY. SOME GOVERNMENT ARE NOT IN SUPPORT OF BITCOIN THERFORE IT WILL NOT BE POSSIBLE.

[Fawad Escobar]

No
it can not govern the whole world
yes it can be one of the most expensive assets in the whole world soon. But it will crash down also bubble burst or correction whatever u say

But for sure Blockchain technology will rule the world soon.

[Washball]

Bitcoin is still just a small part of the world's financial market and is only used as a currency in Japan. There some merchants who accept bitcoin as payment, but there are still issues to be resolved, like faster and cheaper transactions. So, it will take years and years before bitcoin is used as currency in more countries.

[Chaser35]

Bitcoin can control the whole world is a very different question but yes I do not know if I should have ridiculed it but I think yes because Bitcoin can get control over the whole world because it may be able to replace credit cards in the near future.

[Nkan25]

Bitcoin being decentarlized and only an asset can't govern, enforce, or create laws. Now if you are talking about Artificial Intelligence, that my be different.

[joan26]

Blockchain, bitcoin, and new innovations from the fintech sector are showing that they can improve the status quo, but also advance the concept of digital currency, making it a real contender to replace fiat money. This is putting the world’s governments in an awkward position.

[Aveatrex]

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.?

It's hard/impossible.As we all know,you don't pay taxes with cryptocurrency.Governments can't survive without people paying taxes.
In short,cryptocurrency can't be widespreaded worldwide unless somehow governments can start collecting taxes through cryptocurrency which would kill the concept of cryptocurrency being decentralized and not centralized.
That's the reason why governments fear Cryptos and are banning it.

[Om.monata]

bitcoin set around the world for the time being can not yet, but bitcoin gives a big effect to the world already happening nowadays. technological developments and innovation from the ceyptocurrency sector provide great benefits and great influence around the world.

[kotajikikox]

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 agree mate bitcoin helping the ecomnoy for each countyry adopting bitcoin legel cryptocurrency not only bitcoin helping to the coutry economy bitcoin giving job for the people of every country,  i'm not disaree about bitcoin govern the world businees if the is the way to become legalized the cryptocurrency in the world why not.

[mr.bitcoin2k17]

I think as a currency it can not govern the whole world, because it is too volatile, but as an investment it absolutely can 

[kier010]

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.?

nope government would not allow it. we know bitcoin is strong but it still has limits. for now bitcoin is good for investment and can be used for transactions too but those sender that send small transactions would loss money. if possible do not to send small transactions. in the future when bitcoin price go high fees would also go up. also government needs tax to function and for now they can't get tax from bitcoin.

[CuteBaby123]

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 is just a normal trend now. Nothing new and nothing has been innovatively developed, just same coins over the internet. Bitcoin will not govern the world business market because there are still other kings of the world market. Bitcoin will also not be the future money of world because fiat currency would still be the most convenient and easiest way of transactions.

[hinterland]

Very doubtful, although its likely going to get a far larger market cap than it has now. (Crypto in general not just BTC)

[wesbrook2]

Maybe yes maybe no but it depends on how the government will rule its capability to make it govern the whole world

[AliMan]

Maybe yes maybe no but it depends on how the government will rule its capability to make it govern the whole world

Yes, it is not impossible for bitcoin to govern the world because of its power and uses in the world of cryptocurrency. As we live now in a world where virtualization is implemented and everything is digital, maybe someday bitcoin will regulate and implemented to be our universal digital currency. But it only depends on countries if they want bitcoin to use as their currency.