can bitcoin govern the whole world?

[HunterBTC]

Bitcoin can manage the finances of every country that has legalized it but, I do not think Bitcoin can regulate the interest of all the countries in the world because every State has its own rules or laws concerning the economy or the structure of state finances. If Bitcoin will hold a concession to every country in the world it seems necessary to review it repeatedly with considerable consideration in every country, as it will inevitably affect the laws and regulations pertaining to finance and the economy. In my opinion like that.

[FOUAD1994]

anar yiwen ihi

[stayeduptolate]

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.?

As it feels so good by only imagining all these thing and just consider what if all this come true and i guess this will definitely come true in the coming future because the speed to which the bitcoin is moving in the world of economic market simply suggest that the day is not away when bitcoin will be declared as central currency by the entire world and will replace the paper currency and everyone will transact in the form of bitcoin only , there will be crypto currency all around and bitcoin will be the king of them, some countries has adopted while others are remaining to understand the real potential of bitcoin.

[thankyoulord]

No, bitcoin can not govern the whole world because most do not accept it. The banking sector will also kick against it. So it will be very difficult for bitcoin to govern the whole world...

[pilnenkii]

Hello everybody! Of course, in the future, it can manage the entire world and all payment systems. In my opinion this will happen in the near future.

[kiky03]

Bticoin can be the future of currency and can be widely accepted, but it's to ambitious to say that bitcoin can govern currency. Bitcoin can co-exist with existing currency and different forms of payments. Bitcoin maybe the future, but there's still a vast possibilities of events in the future that may affect bitcoin, which is mostly positive. This maybe decided on how widely can the public can accept bitcoin.

[jpespa]

not actually. Bitcoin can surely become the best digital currency used by many countries or it can dominate the cryptocurrency world but it can never govern the whole world. Fiat money will always be the most needed money in all types of transactions since this is the origin of each countries medium of exchange.

[crossabdd]

The first time bitcoin was created was for it guys, assisting in transactions, payments and sending currency with a broad reach, quick, easy, and low cost. but the value and purpose of bitcoin continue to shift to this day and bitcoin no longer functions as a digital currency that helps transactions, payments and delivery of fiat currencies. Bitcoin turns into a means of investment and commodities on the internet. so now bitcoin serves as a future investment for the country and the world.

[fire rab1]

Bitcoin will be the currency that people of every country will use and we can see Bitcoin can help in some country's economy. Bitcoin is decentralized digital currency. Which means free from government. Government will not allow it for sure.

[Boi qaaf]

Bitcoin has changed the market a lot. Not only it created a whole industry with professionals, rules of the game but also made it possible for ordinary people to earn money. It`s risky but life is a risk, you know. That`s the change that bitcoin brought to the world.

[Boi qaaf]

I think it is 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 used more in the business field in the future.

[Yatsan]

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 can't see bitcoin governing the world since less than 50% of the population uses it or maybe less 30%. Aside the bitcoin is limited and even its price would hit 50K US dollars that wouldn't be enough for the billions of users. The banking system around the world are pretty similar to each other and cannot handle a virtual money with no assurance and backed up by nothing.

[jayarbillones]

Bitcoin have great impact globally. People want to change the sick of old traditional banking system,With the current BItcoin and exchangers situations, hacking, delay in confirmations, high fees etc, it always attracts many investors, businessmen and traders around the  world. It could be yes,  a digital money in the future .

[youdacapt]

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 can't see bitcoin governing the world since less than 50% of the population uses it or maybe less 30%. Aside the bitcoin is limited and even its price would hit 50K US dollars that wouldn't be enough for the billions of users. The banking system around the world are pretty similar to each other and cannot handle a virtual money with no assurance and backed up by nothing.

because bitcoin can not implement clear policy and prevention, they have to wait for consensus and it can not run effectively and quickly. then no one can control any transaction from its users, then this will be a big problem in the future, the solution is to keep the fixed fiat at the top and bitcoin position only focus on the crypto market. all things based on freedom that can not be intervened in the business will cause great greed and the potential for increased active crime.

[Snappycoco]

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 a chance but I think not that high because of some country prohibiting the use of Bitcoin. But for me it is a Yes knowing that bitcoin currency is slowly accepted and used.

[Bruce1614]

it is conceivable, the digital forms of money keep on dominating the market, making its own particular structure, the issue is that there are numerous laws, numerous administrations against thus that it can enter the financial model in a lawful and authority way it would need to yield before a few principles and executes and already made, likely work as a parallel cash regardless of whether this causes an opposition with the dollar and euro. We'll see what readies the future for bitcoin

[KesoNie]

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 a chance but I think not that high because of some country prohibiting the use of Bitcoin. But for me it is a Yes knowing that bitcoin currency is slowly accepted and used.

Yes there is a possibility but as of this time we cannot tell if it would gonna happen or it wouldn't happen. It would only base on this two possibilities but since bitcoin today is not yet approved and used by many countries so it is far to imagine that it could be happen, but of course I am always looking forward for this possibilities.

[Black Angel]

When the number of users continues to increase there is no need to doubt that bitcoin will control the world economy, the current transactions are more than $ 20 billion per day and that's greater than the third country's foreign exchange.

[gandhe83]

In the future bitcoin will govern the world, that is certain.
Because the benefits of bitcoin bring us as:
Low cost, efficiency: anywhere and any time your transaction is immediately completed. High security, transparency and control are at your fingertips.

[aleksej.rozhkov]

Well so far for now I dont think so because bitcoin is not yet legal in all countries.Its because some government are against bitcoin because they say that it is illegal.However if bitcoin will continue to grow there will be a possibility that it can govern the whole world but I think it will take a couple of years to happen.