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Author Topic: Bitcoin cannot be a global currency  (Read 5051 times)
Blue Bell
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May 16, 2018, 08:31:30 AM
 #221

I believe that a time may come when bitcoin (or some other alt coin) will become a global currency. Popularity of fiat will slowly disappear. Who knows poverty might disappear too.
No one would have ever thought of this thing that bitcoin will have this much of the market value and that bitcoin will have this much of the fame and popularity as it has now. So, we can expect anything to happen in this world especially when it comes to that of the bitcoin. There are likely chances of this thing to happen and that if this thing ever happens, then this will surely help the people in much better way.
But I agree with that person that it is helpful to disappear unemployment problem because people are getting involve in this field with the help of bitcoin so no doubt that people will priority will accept Bitcoin payment instead of fiat because bitcoin is that option of payment where they will don't think about the another thing which are not helping them to make earnings , so surely they will give priority to the bitcoin to use .
And here I am 100% sure that in the coming years of 10 year bitcoin will be a option for everyone to accept as a payment from one country to another country legally without any restriction ( even today we have no restrictions but still few regulations and rules are not in favour to Ake transaction from one country to another country without taxation ) .
I think bitcoin has nothing to do with poverty because poor people cannot but bitcoin. Other issue is that bitcoin will take over in the future or not. There is no doubt that bitcoin or any other cryptocurrency will hold the market because people are investing in bitcoin and everyone wants one usable currency in the globe, so that no need for exchange local currency.
Well I am not agree with your thinking as bitcoin is not only for the rich but a lot of poor people are using bitcoin to get a better life, if they are not affording to buy bitcoin then there is other option to use campaigns and earn free from bitcoin with talent and knowledge, as we see now almost everyone is ready to invest in bitcoin because it gives profit and it gives income, gradually more and more counters are switching to bitcoin and blockchain technology, I think bitcoin has high chances to become global currency.
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royalfamily1000
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May 16, 2018, 09:08:08 AM
 #222

Technology believers believe that bitcoin is the mission of decentralization, the future of the world currency.


BTC just need, relative scarcity and the manufacturing cost, nature has the price, the price is the fluctuation, as long as access to the securitization in the human history of human use of the most profound institutional invention, the currency is likely to generate huge profits.


You have a lot of money and you have followers. With followers there is a crowd. The masses will naturally divide.


With differentiation, there is naturally a blank majority. Naturally, there are evil men who have been swindled. Nature has its center and leadership.


This is the history of bitcoin's journey along the way, which is why the BTC creator went to the center to turn the government against the pursuit of liberalism.


But on a philosophical basis, technologists are wrong.


The beginning of human birth is said to be monkeys. No government, no center. No money, no inflation. Government is not the product of power, but the government itself is the product of liberalism.


Because freedom must be evil, freedom itself creates chaos, and chaos leads to the pursuit of order, thus freedom produces power and bad power transition to good power.


In the world of BTC, new centralization has begun:


Global mining is concentrated in the hands of a few. The maintenance and development of bitcoin is concentrated in the hands of few digital farmers. The influence of virtual currency is concentrated in the hands of a few big v.


They are the new army, the new bureaucracy, the new emperor. Are these people trustworthy?


The emergence of BTC is a technological advance in the history of human currency. It makes up for the deficiency of the existing monetary system and should also promote the reform of the existing monetary system.


Like insurrection, it is either extinguished or assimilated into the long river of history.

I really believe that bitcoin can be use as global currency but an alternate to traditional currency. In fact some of the countries already accept transactions using bitcoin.
geopolisch
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May 16, 2018, 09:42:16 AM
 #223

For bitcoins to become global it will take time and also that all the countries uses it.
There is no way that we can deny the worth and the capabilities of the bitcoin and that there is no such reason that we can support this argument that bitcoin cannot become a global currency. I am very much positive that bitcoin will one day become the global currency and that it will then lead the world in a better way and that it will give us an opportunity of having a better living.
rightway00372018
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May 16, 2018, 01:11:58 PM
 #224

For bitcoins to become global it will take time and also that all the countries uses it.
There is no way that we can deny the worth and the capabilities of the bitcoin and that there is no such reason that we can support this argument that bitcoin cannot become a global currency. I am very much positive that bitcoin will one day become the global currency and that it will then lead the world in a better way and that it will give us an opportunity of having a better living.

I agree that bitcoin will be our global currency but just an alternate to our current traditional currency, In fact many countries already use bitcoin as payment in different establishment and can be easily transacted without delays as long as internet connection exist.
Bugatti73
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May 16, 2018, 04:04:24 PM
 #225

If the government correctly controls and regulates the cryptocurrencies, then all those who work in this area will be satisfied with their investments.
mimienamphine
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May 16, 2018, 06:13:49 PM
 #226

This is a joke that bitcoin cannot be a global currency when bitcoin is already reigning in the world only time will make every doubting Thormas come to believe and understand that now is the era of cryptocurrency.Digital currency is now spreading like wildfire all around the world.some shops are already accepting bitcoin as a mode of payment etc.

Bestpromoter
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May 16, 2018, 07:27:45 PM
 #227

Yes i think so. It is the idea of bitcoin to send money anywhere in the world without paying a high fee right it is just a cryptocurrency that helps people in sending money to anywhere from anywhere also bitcoin's volatility is very active right now. People can't decide if it can be use as alternative money.
Daisy Smith
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May 17, 2018, 08:34:44 AM
 #228

Though bitcoin are popular and used by many people, it cannot be a global currency because not all countries accept using bitcoin as a payment method.
Sum24
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May 18, 2018, 05:07:31 PM
 #229

Technology believers believe that bitcoin is the mission of decentralization, the future of the world currency.


BTC just need, relative scarcity and the manufacturing cost, nature has the price, the price is the fluctuation, as long as access to the securitization in the human history of human use of the most profound institutional invention, the currency is likely to generate huge profits.


You have a lot of money and you have followers. With followers there is a crowd. The masses will naturally divide.


With differentiation, there is naturally a blank majority. Naturally, there are evil men who have been swindled. Nature has its center and leadership.


This is the history of bitcoin's journey along the way, which is why the BTC creator went to the center to turn the government against the pursuit of liberalism.


But on a philosophical basis, technologists are wrong.


The beginning of human birth is said to be monkeys. No government, no center. No money, no inflation. Government is not the product of power, but the government itself is the product of liberalism.


Because freedom must be evil, freedom itself creates chaos, and chaos leads to the pursuit of order, thus freedom produces power and bad power transition to good power.


In the world of BTC, new centralization has begun:


Global mining is concentrated in the hands of a few. The maintenance and development of bitcoin is concentrated in the hands of few digital farmers. The influence of virtual currency is concentrated in the hands of a few big v.


They are the new army, the new bureaucracy, the new emperor. Are these people trustworthy?


The emergence of BTC is a technological advance in the history of human currency. It makes up for the deficiency of the existing monetary system and should also promote the reform of the existing monetary system.


Like insurrection, it is either extinguished or assimilated into the long river of history.

I really believe that bitcoin can be use as global currency but an alternate to traditional currency. In fact some of the countries already accept transactions using bitcoin.
Fair enough as already bitcoin has made very high potentiates to be legal currency and a lot of countries are now accepting bitcoin as currency, they are making high investment with bitcoin and accepting bitcoin for schools fees payment and bills or house renting as it makes bitcoin high in price and well as currency, random acceptance by several countries making bitcoin valuable in my place as well. Recently Philippines accepted bitcoin and Japan made it legal currency so it is really a nice achievement for sure.
Activitycoin
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May 18, 2018, 07:10:01 PM
 #230

Technology believers believe that bitcoin is the mission of decentralization, the future of the world currency.


BTC just need, relative scarcity and the manufacturing cost, nature has the price, the price is the fluctuation, as long as access to the securitization in the human history of human use of the most profound institutional invention, the currency is likely to generate huge profits.


You have a lot of money and you have followers. With followers there is a crowd. The masses will naturally divide.


With differentiation, there is naturally a blank majority. Naturally, there are evil men who have been swindled. Nature has its center and leadership.


This is the history of bitcoin's journey along the way, which is why the BTC creator went to the center to turn the government against the pursuit of liberalism.


But on a philosophical basis, technologists are wrong.


The beginning of human birth is said to be monkeys. No government, no center. No money, no inflation. Government is not the product of power, but the government itself is the product of liberalism.


Because freedom must be evil, freedom itself creates chaos, and chaos leads to the pursuit of order, thus freedom produces power and bad power transition to good power.


In the world of BTC, new centralization has begun:


Global mining is concentrated in the hands of a few. The maintenance and development of bitcoin is concentrated in the hands of few digital farmers. The influence of virtual currency is concentrated in the hands of a few big v.


They are the new army, the new bureaucracy, the new emperor. Are these people trustworthy?


The emergence of BTC is a technological advance in the history of human currency. It makes up for the deficiency of the existing monetary system and should also promote the reform of the existing monetary system.


Like insurrection, it is either extinguished or assimilated into the long river of history.

I really believe that bitcoin can be use as global currency but an alternate to traditional currency. In fact some of the countries already accept transactions using bitcoin.
Fair enough as already bitcoin has made very high potentiates to be legal currency and a lot of countries are now accepting bitcoin as currency, they are making high investment with bitcoin and accepting bitcoin for schools fees payment and bills or house renting as it makes bitcoin high in price and well as currency, random acceptance by several countries making bitcoin valuable in my place as well. Recently Philippines accepted bitcoin and Japan made it legal currency so it is really a nice achievement for sure.
Right now bitcoin is gaining high market palace and everything can be bought using bitcoin as there are a lot of sites who are selling and buying goods using bitcoin payment, so we are really hoping to see bitcoin as global currency, many countries are accepting it legally and some are trying to improve their life and community with bitcoin help so bitcoin is gradually getting really famous and its is getting at high demand day by day so high possibility to see it legal worldwide.
investorck
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May 18, 2018, 09:01:12 PM
 #231

The internet has made the world a global village. I believe in the near future that bitcoin will be the currency of the internet and therefore the globe.
Onestepinhell
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May 19, 2018, 06:38:35 AM
 #232

Well, it's hard to judge, in fact, of course, bitcoin can not be global, since many tribes do not even have a calculator, so what to say about the cue ball.
But in general, everyone can use the beat in this world, and on the basis of bitcoin is already recognized by all only this is silent

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Freddie Aguiluz
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May 19, 2018, 08:27:20 AM
 #233

Technology believers believe that bitcoin is the mission of decentralization, the future of the world currency.


BTC just need, relative scarcity and the manufacturing cost, nature has the price, the price is the fluctuation, as long as access to the securitization in the human history of human use of the most profound institutional invention, the currency is likely to generate huge profits.


You have a lot of money and you have followers. With followers there is a crowd. The masses will naturally divide.


With differentiation, there is naturally a blank majority. Naturally, there are evil men who have been swindled. Nature has its center and leadership.


This is the history of bitcoin's journey along the way, which is why the BTC creator went to the center to turn the government against the pursuit of liberalism.


But on a philosophical basis, technologists are wrong.


The beginning of human birth is said to be monkeys. No government, no center. No money, no inflation. Government is not the product of power, but the government itself is the product of liberalism.


Because freedom must be evil, freedom itself creates chaos, and chaos leads to the pursuit of order, thus freedom produces power and bad power transition to good power.


In the world of BTC, new centralization has begun:


Global mining is concentrated in the hands of a few. The maintenance and development of bitcoin is concentrated in the hands of few digital farmers. The influence of virtual currency is concentrated in the hands of a few big v.


They are the new army, the new bureaucracy, the new emperor. Are these people trustworthy?


The emergence of BTC is a technological advance in the history of human currency. It makes up for the deficiency of the existing monetary system and should also promote the reform of the existing monetary system.


Like insurrection, it is either extinguished or assimilated into the long river of history.

It is true that bitcoin will not be global, as long as there are still countries that are considered third world county and there are those peole who do not have access to the digital world, then it wouldn't happen
septyadf1
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May 19, 2018, 07:46:44 PM
 #234

Bitcoin may not become a global world currency, but I can guarantee you that a cryptocurrency and not a central government based fiat currency will become a universal world currency. The technological advancements brought by Bitcoin and the innovation in the crypto/blockchain field is still in its early years but is laying out the foundation for groundbreaking discoveries to occur in the future.
TianaStam
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May 19, 2018, 08:13:22 PM
 #235

What we count as global currency today,  dollar or euro. Let's remind who control those two currencies, those people will never let bitcoin or any other currency replace, cause of the interests, putted on the map, is too big.
Bugatti73
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May 20, 2018, 08:31:09 AM
 #236

What we count as global currency today,  dollar or euro. Let's remind who control those two currencies, those people will never let bitcoin or any other currency replace, cause of the interests, putted on the map, is too big.
I think that in a couple of years those people who control the dollar will control  bitcoin, or already do it. And then bitcoin will be currency # 1.
leea-1334
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May 20, 2018, 09:56:59 AM
 #237

It will take a lot of time for Bitcoin to prove itself. For now, although among our community, Bitcoin is the most trustworthy coin, people who doesnt know about cryptocurrency still think of it as scam or bubble. But I believe it will have a bright future

I do not know about Bitcoin proving itself. It already has to me. And remember, Bitcoin does not need to prove anything to itself, it is simply there available to be used and it is up to us if we want to take the opportunity offered by it.

It has proven itself to be even more than what people thought it would be over the years. It will continue to do so for many more years.

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wave1002012
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May 20, 2018, 11:08:41 AM
 #238

 Shocked
Technology believers believe that bitcoin is the mission of decentralization, the future of the world currency.


BTC just need, relative scarcity and the manufacturing cost, nature has the price, the price is the fluctuation, as long as access to the securitization in the human history of human use of the most profound institutional invention, the currency is likely to generate huge profits.


You have a lot of money and you have followers. With followers there is a crowd. The masses will naturally divide.


With differentiation, there is naturally a blank majority. Naturally, there are evil men who have been swindled. Nature has its center and leadership.


This is the history of bitcoin's journey along the way, which is why the BTC creator went to the center to turn the government against the pursuit of liberalism.


But on a philosophical basis, technologists are wrong.


The beginning of human birth is said to be monkeys. No government, no center. No money, no inflation. Government is not the product of power, but the government itself is the product of liberalism.


Because freedom must be evil, freedom itself creates chaos, and chaos leads to the pursuit of order, thus freedom produces power and bad power transition to good power.


In the world of BTC, new centralization has begun:


Global mining is concentrated in the hands of a few. The maintenance and development of bitcoin is concentrated in the hands of few digital farmers. The influence of virtual currency is concentrated in the hands of a few big v.


They are the new army, the new bureaucracy, the new emperor. Are these people trustworthy?


The emergence of BTC is a technological advance in the history of human currency. It makes up for the deficiency of the existing monetary system and should also promote the reform of the existing monetary system.


Like insurrection, it is either extinguished or assimilated into the long river of history.

Bitcoin is very known worldwide and for countries accepted this is now already consider as their currency alternate to their traditional currency so bitcoin has a chance to be the global currency on top of our 'fiat".
Lazada
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May 20, 2018, 11:56:15 AM
 #239

It will take a lot of time for Bitcoin to prove itself. For now, although among our community, Bitcoin is the most trustworthy coin, people who doesnt know about cryptocurrency still think of it as scam or bubble. But I believe it will have a bright future

I do not know about Bitcoin proving itself. It already has to me. And remember, Bitcoin does not need to prove anything to itself, it is simply there available to be used and it is up to us if we want to take the opportunity offered by it.

It has proven itself to be even more than what people thought it would be over the years. It will continue to do so for many more years.
Although there are still some people who think that Bitcoin is not useful, but for people who have proven it then Bitcoin is a very extraordinary thing. Bitcoin is still in the process stage so we can not yet conclude that bitcoin can not be a global currency, Bitcoin is currently used by many people and the opportunity to be accepted is much better. I do not want to listen to people who are pessimistic, I am an optimist so I believe in the future of bitcoin.
logicgate
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May 20, 2018, 07:00:54 PM
 #240

Technology believers believe that bitcoin is the mission of decentralization, the future of the world currency.


BTC just need, relative scarcity and the manufacturing cost, nature has the price, the price is the fluctuation, as long as access to the securitization in the human history of human use of the most profound institutional invention, the currency is likely to generate huge profits.


You have a lot of money and you have followers. With followers there is a crowd. The masses will naturally divide.


With differentiation, there is naturally a blank majority. Naturally, there are evil men who have been swindled. Nature has its center and leadership.


This is the history of bitcoin's journey along the way, which is why the BTC creator went to the center to turn the government against the pursuit of liberalism.


But on a philosophical basis, technologists are wrong.


The beginning of human birth is said to be monkeys. No government, no center. No money, no inflation. Government is not the product of power, but the government itself is the product of liberalism.


Because freedom must be evil, freedom itself creates chaos, and chaos leads to the pursuit of order, thus freedom produces power and bad power transition to good power.


In the world of BTC, new centralization has begun:


Global mining is concentrated in the hands of a few. The maintenance and development of bitcoin is concentrated in the hands of few digital farmers. The influence of virtual currency is concentrated in the hands of a few big v.


They are the new army, the new bureaucracy, the new emperor. Are these people trustworthy?


The emergence of BTC is a technological advance in the history of human currency. It makes up for the deficiency of the existing monetary system and should also promote the reform of the existing monetary system.


Like insurrection, it is either extinguished or assimilated into the long river of history.

It is true that bitcoin will not be global, as long as there are still countries that are considered third world county and there are those peole who do not have access to the digital world, then it wouldn't happen
  It is not the time to lose your hope mate as drop and drop combine to make rivers and now countries are combining together to make bitcoin global currency it will take time but it will happen soon, so the possibility to see bitcoin as global currency over the world is really high now, as we can see now bitcoin is being like by increasing number of countries, bitcoin has high transaction and good security which makes it strongest day by day, so buy now and hold with for best future of bitcoin.
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