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Author Topic: Bitcoin is Becoming a Global Currency  (Read 226007 times)
Hypnosis00
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April 09, 2018, 01:29:40 PM
 #3081

Indeed, there's no doubt that with the popularity of btc makes it a currency now. Maybe due to it's ease of access for the people and the value that it has. It is becoming a Global Currency, however, if people will focus on btc the currency that they used to have will have no sense or vice versa. Let's face it, bitcoin might be used in different countries in there transactions. But what if btc loses it's value? Will the dependents on btc still have there life back in the way it was before? Btc is still a good way of transaction but it cannot be a concrete currency.

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1566352748
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engrlodi
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April 09, 2018, 01:40:02 PM
 #3082

It is not news anymore if Bitcoin would eventually be a global currency. Based from the widespread, it seems possible that someday it would be open to everyone. Due to the benefits it can give, people would really indulge in having this currency. We just have to ensure that the effects of this currency to the economy will not be a negative one.

multimix
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April 15, 2018, 05:27:26 PM
 #3083

yes bitcoin current progress is very rapid, the more people who know what it bitcoin, how it works, and its superiority compared to paper currency, and certainly will be the currency bitcoin priority someday
loveb
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April 15, 2018, 05:28:57 PM
 #3084

Well bitcoin will never replace fiat but this is not a problem. For new entrants to buy bitcoin, existing holders has to sell. As more people invest in bitcoin more distributed the wealth will be.
Friskaadew
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April 15, 2018, 05:51:42 PM
 #3085

Bitcoin is already a global currency nowadays, as it's used worldwide and could being earned everywhere, and accepted as payment method in some big marketplaces as well
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April 15, 2018, 05:54:14 PM
 #3086

On the virtual planet it will absolutely be a world-wide forex, as it is a currency of everybody and is not owned by a specific region.
btcbabhh
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April 15, 2018, 08:59:57 PM
 #3087

It could happen, maybe in the future. Indeed bitcoin users have spread across the country, and have changed many of their economies, but there are still countries that ban bitcoin as a means of transaction. But all possibilities can happen if bitcoin is really used in general.
Andre#
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April 18, 2018, 08:29:12 PM
 #3088

Indeed, there's no doubt that with the popularity of btc makes it a currency now. Maybe due to it's ease of access for the people and the value that it has. It is becoming a Global Currency, however, if people will focus on btc the currency that they used to have will have no sense or vice versa. Let's face it, bitcoin might be used in different countries in there transactions. But what if btc loses it's value? Will the dependents on btc still have there life back in the way it was before? Btc is still a good way of transaction but it cannot be a concrete currency.
The value of Bitcoin is so higher than the value of a currency, FIAT, should possess.
Bitcoin can becomes an intermediary tool that helps us global transfer money with extremely cheap fees, but to becomes a global currency, the government never accept this situation.
Bitcoin is an unstable system, not only its value is unstable.
You can see just a war in Bitcoin system because between developer have different idea made Bitcoin Cash, created by developers do not accept Bitcoin SegWit, forked from Bitcoin.
Panpan66L
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April 18, 2018, 08:40:48 PM
 #3089

I personaly think. that before it became a worldwide currency, bitcoin needs so many regulations and adjustments, that we will face this thing not very soon
Izalcomax
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April 19, 2018, 01:19:37 AM
 #3090

More people are getting interesting on bitcoin right now, but to me, bitcoin become a global currency? i dont think so..
US dollar still got what it takes to become a global currency right now, not to mention the other GBP, Euro etc.
bilyboy
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April 19, 2018, 01:26:55 AM
 #3091

I hope that bitcoin can officially become international currency, this is because the world needs a real and clear solution that global transactions can be simple, fast and can be done by anyone without dependent banks.
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