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Author Topic: Bitcoin cannot be a global currency  (Read 5048 times)
Tran Dinh Nam
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August 23, 2018, 03:31:52 PM
 #1021

Of course, Bitcoin can be a world currency in the world. However, Bitcoin is invalid in all the countries. But seeing the popularity of Bitcoin,it will be the world currency as a payment system for a time.Only the bitcoin has been known in all the countries, which could not make any other coins.So i can say that bitcoin will be the world currency.
"In a nutshell, the network works like a distributed timestamp server, stamping the first transaction to spend a coin. It takes advantage of the nature of information being easy to spread but hard to stifle." -- Satoshi
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Sbdip
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August 23, 2018, 03:38:57 PM
 #1022

As i argued a while ago about this topic.. Bitcoin can never take the place of fiat man.. Just the fiat will change the appearance..  But the crypto will remain as asset. It'll never be a real currency.  Because it's price dump and pump is showing it as an investment asset to the peoples. But to be a currency it need to be stabe first
xena2
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August 23, 2018, 03:45:52 PM
 #1023

Of course, Bitcoin can be a world currency. However, Bitcoin is not valid in all countries. But seeing the popularity of Bitcoin,it will be the world currency for a time.Only the bitcoin has been known in all the countries, which could not make any other coins.Everywhere they are Bitcoin,world Currency Will be.
Bitcoin can not be a global currency.  It rules the crypto currency and is not recognized on some parts of the world.  Of course,  not everyone will consider it as a global currency not unless it is in the virtual world.

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Tszone
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August 23, 2018, 04:24:31 PM
 #1024

Bitcoin can become a global currency because it is now an accepted form of payment in dozens of countries around the globe. As more nations continue to adopt this groundbreaking technology, it increases the chances that bitcoin will in fact become the next global form of currency.
maloibtc
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August 23, 2018, 04:34:27 PM
 #1025

Why do you think that btc can't be a global currency? To my mind, it can be like this and I don't think that I am the one who think so. I have reasons to think like this because this is the best coin ever
QuppyTeam
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August 23, 2018, 04:35:55 PM
 #1026

I know that it cannot become a main currency, however, I still believe that it will achieve a success and in many years it will become number one currency in the entire world
DJ_Rick
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August 23, 2018, 04:44:36 PM
 #1027

I disagree with you concerning the opinion about the btc and its inability to occupy the position of the global money because it is worth it. To my mind, it is better to hold btc for the future having a chance to become rich
Xenoph0bia
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August 23, 2018, 04:55:56 PM
 #1028

No bitcoin has all the potential to become the global currency but this will definitely take time.Bitcoin is now being used by many peolple all over the world and the number of users are increasing day by day.Bitcoin is an easy and fast way to earn a lot of money.
gasanali
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August 23, 2018, 05:11:24 PM
 #1029

In its current form, bitcoin cannot become a global currency, as it has too many drawbacks. And another problem is that people are losing interest in bitcoin.
ir.yance
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August 23, 2018, 05:12:52 PM
 #1030

yes, I think bitcoin will not be a global currency because all crypto currencies are currently experiencing a very far decline. at this time many people are afraid of crypto currencies because they are afraid of getting risk, but all crypto currencies will not stop until now, they will continue to work hard to increase prices in the crypto currency market.
many bitcoin traders and investors are working hard to raise the price of bitcoin and they are very eager to make bitcoin a global currency.
SarahAfiah
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August 23, 2018, 05:20:19 PM
 #1031

it is impossible and never will be very inconceivable if bitcoin becomes a global currency with the nature of bitcoin that is still an asset and lacks good government management in its development I think it will be difficult to realize it happened

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Vimukkthi Vithanage
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August 23, 2018, 05:22:50 PM
 #1032

One day bitcoin will answer all these questions and in that day  all the currencies will be checked value relative to the btc and it will take the top position as USD now. I'm waiting for that da !!!  Lips sealed
cesuralp32
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August 23, 2018, 05:46:01 PM
 #1033

you may be right. btc may never be a global currency. but the technologies are improving day by day. btc is helping. even if it is not the leading role, it will play a role.
Starmoon86
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August 23, 2018, 05:55:11 PM
 #1034

Digital currency can be an alternative because it has some advantages that are about speed and ease in doing transactions wherever and whenever we want. This is a plus that may change with time. Bitcoin already is a world currency from the position that is used by people at almost every continent in the world. But because of the reasons that you have described it will never be mainstream currency or official currency in some country.
AquaVitae
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August 23, 2018, 06:10:05 PM
 #1035

Cryptos still has some issues, but especially Btc is so widely known, that it cannot be banned, it will strengthen it's global position. Some countries are foolish and try to ban cryptos, but these feeble attempts are doomed to fail.
Ucy
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August 23, 2018, 06:16:17 PM
 #1036

It is already a global currency which is not a bad thing!
It should not be or should not be allowed to be a one World currency.

Quote
cause freedom must be evil, freedom itself creates chaos,

Freedom evil? And creates choas? Blaming freedom for evil is like blaming vehicles (instead of overspeeding or badroad) for road accidents. I don't understand OP very well here. Maybe I meant something else
Windmoney@1
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August 24, 2018, 04:54:33 AM
 #1037

I don't support that bitcoin can't be a global currency....
Bitlife81
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August 24, 2018, 05:29:42 AM
 #1038

The fact that through internet connection bitcoin is available all over the world makes it global and gives opportunity to all nations in the world to use it and that is the beauty of bitcoin.
Naginiya
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August 24, 2018, 03:30:49 PM
 #1039

Bitcoin to be a global currency is difficult than it seems because Bitcoin isn't regulated or accepted as a legit currency any where in the world so many consider common laws and regulations doesn't apply for Bitcoin which is why in world some countries and individuals consider that as a illegal currency so to achieve it's target as a global currency seems little difficult in the present and if Bitcoin is going to do that even in the future above points should be fulfilled properly   

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tonthoduy
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August 24, 2018, 03:33:52 PM
 #1040

I don't understand OP very well here.  I don't think that I am the one who think so.Bitcoin can never take the place of fiat man
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