Cryptoproff
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May 09, 2018, 07:13:19 PM |
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It is unlikely that the government of any country will allow bitcoin to control the economy. And if that happens, it will simply turn our modern world upside down.
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matthewoz101
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May 09, 2018, 07:23:56 PM |
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The only thing that makes money, money, is people's belief that it's money. The actual currency, whether it'd be fiat, gold, silver, etc. does not matter as long as the people believe it's money. With that being said, Bitcoin has much more functionality than many currencies. Bitcoin was not the first digital currency, but Bitcoin solved the counterfeiting problem.
Bitcoin is backed by technology that other currencies aren't. Bitcoin can definitely govern the rule. It will fit right into societies sooner or later. Look at all the people who use WeChat in China as a payment method. There's definitely a digital currency demand. I'm waiting for the lightning technology with nearly instant transactions and lower fees. It's only a matter of time before Bitcoin is implemented into WeChat or another app as the massively adopted payment means.
I could be wrong, but I saw an app called "Line" or another popular messaging app in Japan that was going to launch a fiat -to- crypto exchange. Making it easy for everyday people to buy BTC and used for payment.
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2@abcdeeply
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May 09, 2018, 07:56:46 PM |
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On the basis of BTC digital currency can dominate the whole world economy. But some countries are not affected by BTC because they do not accept BTC. I do not think that BTC will dominate the whole economy, because they are too much inadequacies.
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ghost424
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May 09, 2018, 08:23:53 PM |
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Unfortunately, bitcoin is far from controlling or governing the whole world. Bitcoin is a cryptocurrency that is in the internet. If governments starts limiting the use of internet then there would be no one that can access Cryptos. But bitcoin can at least create significant changes to the world and it can be either good or bad.
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a_t_e_e_b
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May 09, 2018, 08:34:15 PM |
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i think probably yes there will be a time when crypto will rule the world and it wont be under anyones control it will change the way people do transactions and peoples view towards currency and crypto
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maximkretov
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May 09, 2018, 08:50:34 PM |
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Yes you can! bitcoin has a good step into the future even though he now fell heavily but it's good because if he now fell heavily here soon, it will take time and bitcoin will become very popular throughout the country. And if it rises then it means that you will pay with bitcoin in any country to buy the things you need for yourself!
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Umuoji
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May 09, 2018, 08:56:15 PM |
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Sure it can
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Unfredo
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May 09, 2018, 08:59:20 PM |
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Very soon Bitcoin will be accepted every where but it can never govern the whole world. That is my believe
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jump4ever
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May 09, 2018, 09:03:08 PM |
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bitcoin became a synonym for powerlessness of state institutions and other regulators, because for the first time in many years they were unable to stop payments to other countries or control the movement of capital.
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GangNamSK
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May 09, 2018, 09:25:36 PM |
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The bitcoin could become the world's common currency, which I have been thinking for a long time and I really believe in it because the serious concern of many countries with bitcoin and the investment community is also is moving a lot towards bitcoin and cryptocurrency. The world is developing towards applying so much technology to life so I trust the crypto market will be the hot trend this time around.
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Xising
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May 09, 2018, 09:40:31 PM |
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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.?
Not really "govern", but I think the better word is if it can affect the world. And in that department, I know it can. I say that because it can really bring forth good changes in a countries economy, and it can do the same changes with normal people on their individual business capacities. The more people embracing the market that would surely make it rather stable, the more transactions that may undergo, and since the market is significantly affected by the transactions people make, then it would surely bring about good changes. However, it will all boil down to the amount of revenue it can contribute to the earning of a country, coupled with good usage of the funds. |
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Glutius
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May 09, 2018, 10:09:52 PM |
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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 does not seek to rule the world. On the contrary, it was created to ensure the free management of its capital and data transfer. Storage in convenient smart contracts. |
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RoolBi
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May 09, 2018, 10:48:36 PM |
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I do not think that bitcoin govern the whole world . But I think blockchain technology will do this, because this is very good technology and it is being developed positively.
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Keeminakar
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May 09, 2018, 11:01:38 PM |
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How bitcoin can control the world. Bitcoin is not a person or one organization. Bitcoin is a decentralized system to which you can connect and try to earn. Data can be stored and transferred safely. But not to rule the world.
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patrickj
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May 09, 2018, 11:06:26 PM |
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Bitcoin isn't yet so mainstream and utilized the world over to discuss representing the entire world. Indeed it is the best digital currency at the present time, and furthermore I concur that its cost and esteem are extremely high and that it continue developing fastly too, yet contrasted with fiat monetary forms Bitcoin's ease of use still low and a great many people overall still not by any means caught wind of it.
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Moonbill
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May 09, 2018, 11:25:14 PM |
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I think bitcoin can not dominate the whole world, with blockchain bitcoin technology going strong and good in the future, and Bitcoin is a decentralized system that you can connect and try to make money.
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laserfocused
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May 09, 2018, 11:27:13 PM |
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I don't think Bitcoin any time soon will be the world's currency.
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olatslodi
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May 09, 2018, 11:31:32 PM |
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Bitcoin still has no power to govern the world, because bitcoin itself is still much doubtful by some people and is still banned in some countries. Bitcoin is the electric money and digital gold to invest in people all over the world. Bitcoin can only help the economy of people in this world.
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KingOfWinterfell01
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May 09, 2018, 11:53:54 PM |
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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.?
Bitcoins are self-governing as compared to fiat money that requires work from people. This is possible through blockchain and with it, it becomes managed by everyone who owns bitcoins and who are part of the blockchain, which is technically everyone. |
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waytko07
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May 10, 2018, 03:04:59 AM |
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Yes you can! bitcoin has a good step into the future even though he now fell heavily but it's good because if he now fell heavily here soon, it will take time and bitcoin will become very popular throughout the country. And if it rises then it means that you will pay with bitcoin in any country to buy the things you need for yourself!
Yeah it's true, it just a matter or couple of years then many countty and many people will use bitcoin. |
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