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Author Topic: can bitcoin govern the whole world?  (Read 1942 times)
Victorias
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May 13, 2018, 10:34:22 PM
 #441

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.?
Every day the popularity of bitcoin grows and the number of investors increases.  In the near future, bitcoin can greatly affect the entire global financial system.

CanErik
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May 13, 2018, 10:34:37 PM
 #442

It is definitely time consuming. If all countries have positive attitude towards bit coin and accept it as medium of trading in their daily life then only it can govern the whole world. It is totally uncertain
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May 13, 2018, 10:36:06 PM
 #443

Why not? Bitcoin has already shown what it is capable of in recent years. What can prevent it from providing the world with an indestructible economy and technology?

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rickyNmorty
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May 13, 2018, 11:24:55 PM
 #444

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 is possibke that bitcoin could dominate the investment industry. Even more so the market if this happens. Bitcoin is one of the most accessible ways of investment. Even easier to pull-off than stocks and easier to understabd as well. This ease-of-access-and-use attracts investors and users alike, making them invest. All in all, it is possible for bitcoin to govern the market, but I don't see it coming anytine soon. Give bitcoin 5-10 years and it could be possible.
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May 13, 2018, 11:58:31 PM
 #445

Bitcoin not only creates the industry as a whole with professional sort of game rules but allows for ordinary people to earn money, but is risky in your life and that is the change that bitcoin brings to the world. Cool
sammyp
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May 14, 2018, 12:02:12 AM
 #446

Bitcoin will eventually be accepted worldwide but some countries will still give priority their local currencies than they will give to bitcoin. Most people wil only see bitcoin as an asset of easy transferability.

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May 14, 2018, 12:13:43 AM
 #447

If this would happen, I don't think it would be anytime soon. With some government going against it and some outrightly forbidding it coupled with those holding it as investments instead of currency, it is a long shot.
mkcube
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May 14, 2018, 12:17:10 AM
 #448

If this would happen i would love so. Eventually bitcoin will eventually accepted worldwide but some countries will still give priority thier local currencies than they will give bitcoin. Most of the people will see that bitcoin will be an asset of easy transferability.
almersyn
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May 14, 2018, 12:21:24 AM
 #449

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 a pioneer of other coin coins that exist in cryptocurrency. Bitcoin is a huge value that is digital or virtual. In the future, digital payments will become more and more bizarre and bitcoin will be a solution
Remainder
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May 14, 2018, 12:23:24 AM
 #450

This could be happen in the future because bitcoin is the future of currency, most of the country I think accepted bitcoin at that time and used it on every establishment, the best part is bitcoin will eliminate fiat so every country should used crypto.
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May 14, 2018, 01:18:24 AM
 #451

Well, i actuallt don’t know what to think about this. Some people thinks that it’s highly possible in future but for me, it sounds very utopic. I think it’s not that easy and there is long way to get there.
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May 14, 2018, 01:37:49 AM
 #452

As of now bitcoin has no power to govern the whole world , in financial status their is still central bank that govern the finances transactions , bitcoin is just popular circulating in the digital world, is the outside world accept cryptocurrency then that is time bitcoin might govern the world.

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May 14, 2018, 01:39:46 AM
 #453

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 dont see bitcoin or any crypto ever governing world payments even though its been being adopted a lot more recently.  Governments will always have centralized currencies that they can control.  Furthermore, countries need centralized currencies in order to control and improve their economies.  i.e. oil is only bought and sold with U.S dollars.

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bitcoinrunners001
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May 14, 2018, 01:42:10 AM
 #454

Bitcoin will be used more in the business field in the future.Government will not allow it because it will only benefit most of us here using or investing in bitcoin.If you look at it how else are the poverty people and those who don't know how to used bitcoin are going to pay their payment and the worst what if there is no electricity or internet connect then how else are we going to pay or buy goods or services.
dodz031718
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May 14, 2018, 01:57:26 AM
 #455

Bitcoin still has no power to govern the whole world because bitcoin itself is still much doubtful by some people and is still banned by government in some countries. Bitcoin is the electric money and digital currency invest by people all over the world.Bitcointalk can help us to have an additional income.
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May 14, 2018, 01:58:47 AM
 #456

We always appreciate the technological development. Bitcoin is also a technological invention of this era. Many people have involved with BTC. But to make it generalized form, it have to spread to every hand. It only traded on online system. Many people all over the world do not use online platform. So, to reach themselves BTC should have conventional form like paper money. Beside these the volatility of BTC is very high. It needs to be stable to generally accepted by people.

But I am very much optimistic.

After recovering all shortcomings BTC will rule the whole economy of the world and will become main mode of payment.
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May 14, 2018, 03:03:55 AM
 #457

I think not for now, bitcoin has still a lot of things to improve further. It needs to improve it's transaction speed and transaction cost at a very competitive price. It's volatility is unpredictable that you may not able to analyze it's market trend. I think maybe in the near future bitcoin may be able to become the first digital currency with wide acceptance in the world and it's mass adaptation on it's blockchain technology that would be use and adopted globally.
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May 14, 2018, 03:10:47 AM
 #458

It is very possible. Currently other fields have begun to adopt blockchain technology and it is not impossible for the future also adopted bitcoin. Besides bitcoin also can not be controlled by anyone, only the current constraint is government. How to make bitcoin acceptable by the government throughout the country.
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May 14, 2018, 03:20:28 AM
 #459

Bitcoin is impossible before revolutionary technology is developed, at least not in the current financial system.

The current liquidity of bitcoins is not comparable to traditional currencies, and there is still a long way to go to become a common currency.

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May 14, 2018, 03:39:02 AM
 #460

 Smiley Smiley  why do not we like it all we can prevent. That might be the bitcoin to carry as well as the government we can not do that we have to follow it because I really want bitcoin to get the government and government all over the world. it is better for all members and also for people not to have difficulty waiting for a digital currency and making digital processing easier for everyone and is not hard-earned in all countries.
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