Bitcoin cannot be a global currency

[mcmge]

It's already probably the most popular global cryptocurrency. Though it's not official in many countries, people keep using it and sending their funds daily from one point of our planet to another. You can't pay anywhere you want with even a dollar, so you can't require it from such a new thing as BTC

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[guffie]

Bitcoin will never be a global currency. Bitcoin will remain a digital currency. Bitcoin enthusiasts are a lot but this will not turn Bitcoin into a global currency.

[Pilotone]

My opinion is that the technology itself blockade will receive a very large application in our world, but bitcoin will not become a world currency. Countries and the state can not allow this.

[blockchainwriters]

Bitcoin will be the only currency for internet payments replacing credit cards so in next five years we may see bitcoin is single largest currency on bitcoin

[missg23]

Bitcoin will be the only currency for internet payments replacing credit cards so in next five years we may see bitcoin is single largest currency on bitcoin

Bitcoin can still be a global currency in the next years to come, though right now bitcoin has limited features and is only good for investment, i still believe for its promising future waiting.

[okorocrypto]

I think that the notion of Bitcoin being a global currency is confusing. Are you saying that people will abandon their local fiat currencies and adopt Bitcoin? This will never happen. The best Bitcoin can achieve is being universally accepted in the mainstream as a currency without the sentiments being experienced now. If Bitcoin becomes a global currency as some people think, where then does decentralisation come in?

[tailwate07]

Yes, Bitcoin is not going to be a global currency. Bitcoin can only be a digital currency that only lives on the internet rather than in the real world. Although the price of Bitcoin can be spelled out very high and demand is also more and more. But still, Bitcoin can only be as a digital currency in the world of cryptocurrency.

If we are only claiming this thing based on the volatile nature of the bitcoin and the crypto currencies and that there is no other thing which we are considering, then you are right that bitcoin cannot be a global currency. However, if we consider all the things and that if there comes a time when the government declares their support for the bitcoin and the crypto coins, then this thing can surely happen.

[galestorm]

I couldnt agree more, bitcoin cannot be a global currency. It will only exist in the world of crypto, standing on top of the other coins offered in the market. I guess this is a good thing because if it were to be a global currency then it will be a confusing thing to deal with since its value flactuates from time to time. It isnt stable as fiat money and people with decent jobs will have a hard time earning income. Lets just leave it at that.. fiat money existing in the real world while bitcoin in the virtual platform

[South Park]

Yes, of course, Bitcoin is not going to be a global currency. Bitcoin will continue to be a digital currency that only lives and survives on the internet. Although the price of Bitcoin bis touches the price is very high but this does not change Bitcoin into the global currency.

It is true that bitcoin needs the Internet and it was designed to be used over the Internet, however I think you're having a very limited view of what it can be accomplished with bitcoin, in the future we will be able to exchange our bitcoins for physical goods in any store it will be very similar to using credit cards or debit cards once that happens using bitcoin all over the world will be very easy.

[insikko0413]

Yes, of course, Bitcoin is not going to be a global currency. Bitcoin will continue to be a digital currency that only lives and survives on the internet. Although the price of Bitcoin bis touches the price is very high but this does not change Bitcoin into the global currency.

It is true that bitcoin needs the Internet and it was designed to be used over the Internet, however I think you're having a very limited view of what it can be accomplished with bitcoin, in the future we will be able to exchange our bitcoins for physical goods in any store it will be very similar to using credit cards or debit cards once that happens using bitcoin all over the world will be very easy.

Bitcoin is currently use by different countries world wide and I think  it can be use as a world wide currency if other countries adopt and legalize the use of bitcoin

[Aamir1]

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.

If Bitcoin is not global, then what is the reason for calling it decentralized? 😏 It is already global and you can’t change the fact that it is global. It can be used for quick international transactions to most countries in the world. The only places it can’t be used are places where it has been banned by the government due to their belief that it is being used for money laundering and other sort of things.

[Rosilito]

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.

Definitele yes, it would be very tough for bitcoin to be in that stage since there are lots of factors/reasons for bitcoin not to be in that position more than why it would be calles global currency. In addition, bitcoin isn't neither visbile nor tangible, it could be only seen in computer or some other gadget but once you take it out it would be definitely another currency and not bitcoin again.

[rhenz01]

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 if all the countries will legalize the use of bitcoin but this is only an alternate currency of all the countries.

[South Park]

My opinion is that the technology itself blockade will receive a very large application in our world, but bitcoin will not become a world currency. Countries and the state can not allow this.

You are mistaken this is not really about if governments are going to allow bitcoin to become a global currency, this is about the people, are the people going to adopt bitcoin in enough numbers to make it a global currency? No one really knows the answer to that question but if I were to bet I'll probably say that is the most likely outcome.

[Snaic]

Citizens of different countries can use bitcoin as a global crypto currency. Bitcoin, in principle, is already being used for this.
However, at the state level, bitcoin and other centralized crypto currency can not be used for international settlements because it has very high volatility. I think that for this state will use different centralized crypto currency by their mutual agreement.

[samelvis]

I dont really know why you said this but bitcoin has proven its worth and am so sure that it will soon become mainstream and global currency

[Bugatti73]

Yes, it can not be a global crypto currency because it already is! All the talk is just about bitcoin, and I think it will be so in the future.

[Harley29]

Bitcoin will be the only currency for internet payments replacing credit cards so in next five years we may see bitcoin is single largest currency on bitcoin

Bitcoin can still be a global currency in the next years to come, though right now bitcoin has limited features and is only good for investment, i still believe for its promising future waiting.

Bitcoin is the only currency which can be the currency of the internet, we are watching bitcoin being use as way of payments for online, even being in limit bitcoin is wide enough and almost every state of life bitcoin has high potential and growing energy, bitcoin is still global currency because bitcoin is being use as source of payment almost in every corner of the world, there are high possibilities to see bitcoin as global currency, it will take only a few years to announce bitcoin official currency all over the world.

[Faxmate]

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 if all the countries will legalize the use of bitcoin but this is only an alternate currency of all the countries.

Bitcoin has gained the potential to become global currency, till date bitcoin has been serving as an alternative currency but now it is famous enough and bitcoin has very high potentiates so it can be easily become a global currency for high acceptance and being a well-known currency almost every government is now ready to accept bitcoin as legal currency, as India is in list of those counties who are taking part in bitcoin global legalization.

[Bugatti73]

Looking at the news as well as the amount of infusion of money into the crypto currencies, bitcoin may be a global  currency this year.