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kiloiko
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July 13, 2018, 06:14:50 AM |
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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.
You and who believes that? That’s a stupid definition of what Bitcoin is all about. Bitcoin wasn’t made for that, if you read the definition of Bitcoin it’s for making micro payments from peer-to-peer. But people don’t understand what it is all about, they think it was made to replace fiat🙄. BITCOIN can be for investment, but not for what you’re talking about here. |
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According to NIST and ECRYPT II, the cryptographic algorithms used in
Bitcoin are expected to be strong until at least 2030. (After that, it
will not be too difficult to transition to different algorithms.)
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HSRP
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WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
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July 13, 2018, 01:44:17 PM |
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Because BTC's volatility is very strong, this seriously affects the function of BTC as a value scale!
And many countries in the world ban BTC!
Therefore, BTC has become a global currency, and there is only a theoretical possibility!
With the small amount left over, I think the possibility of bitcoin becoming global currency is not high but I believe Bitcoin's value will grow tremendously in the near future. Coins that can become global currencies may be ETH or XRP with modern and large technical background. |
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blackandred
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July 13, 2018, 02:51:58 PM |
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the mission of currency lets people hold it and trade it . bitcoin is now scattered all over the world . many people buy bitcoin and use it , every day . it has become a currency , worldwide .
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Faxmate
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July 13, 2018, 10:03:50 PM |
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This can't become global because there are many countries in which bitcoin is banned even my own country banned the use of bitcoin. Most of the banks are not ready to accept it. Head government is not making policies against bitcoin just to take it down.
There is no doubt that the price of bitcoin will be high and then those who are saying to ban bitcoin will ask for it because bitcoin is the best currency to get better life in all country, now almost 90% OF countries are buying and investing in bitcoin to get the benefits, so I think it is 100% possible according to me that soon bitcoin will become legal currency all over the world, just wait and watch, |
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Lydiaglo
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July 14, 2018, 08:04:39 AM |
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it is very difficult for bitcoin to become a global currency. because there are still many people who do not know bitcoin and there are still many countries that prohibit the existence of bitcoin. because they fear that the development of bitcoin can not be overcome. but you do not have to worry though some countries do not allow it but in some countries, many have received and legalized bitcoin. and I'm sure bitcoin will go on and on all over the world.
It is not right, bitcoin will be global currency although it will take long time to take over the market but it is doubtless that in the future the whole world will use only bitcoin as their regular currency even in their local markets. Nothing could stop bitcoin now from prevailing in the world. It will be the global currency because the aim is to hold the market. |
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deppil
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July 14, 2018, 09:48:03 AM |
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The main reason is its disadvantages which cannot be refused and we can't ignore it.
Criminals will use it for an anonymous transaction they will sell more drugs and weapons
Everything has its own pros & cons.
To be legalized or not necessarily the government will see many things like its disadvantages. but to become a global currency is not a will or within the reach of government anywhere. when you can use bitcoin and make transactions anywhere in the world. I think it's called as global currency |
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Visteryy
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July 14, 2018, 09:32:03 PM |
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This can't become global because there are many countries in which bitcoin is banned even my own country banned the use of bitcoin. Most of the banks are not ready to accept it. Head government is not making policies against bitcoin just to take it down.
There is no doubt that the price of bitcoin will be high and then those who are saying to ban bitcoin will ask for it because bitcoin is the best currency to get better life in all country, now almost 90% OF countries are buying and investing in bitcoin to get the benefits, so I think it is 100% possible according to me that soon bitcoin will become legal currency all over the world, just wait and watch, I think it is unlikely that Bitcoin will become a global currency because of its small amount of currents that can not meet the needs of the rest of the world. On the other hand, slow trading and high transaction costs also hamper Bitcoin is widely used throughout the world but I believe that with the huge demand now, the value of BTC will increase constantly. |
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winterland
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July 15, 2018, 01:32:18 AM |
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it is very difficult for bitcoin to become a global currency. because there are still many people who do not know bitcoin and there are still many countries that prohibit the existence of bitcoin. because they fear that the development of bitcoin can not be overcome. but you do not have to worry though some countries do not allow it but in some countries, many have received and legalized bitcoin. and I'm sure bitcoin will go on and on all over the world.
Yes it is difficult but not impossible, i think it will take a lot of time, but still it is possible and it is going to happen, because bitcoin is slowly but regularly increasing its popularity, i am hopeful that a time will come when bitcoin will be too much popular and about all the people of the world will be using bitcoin. It will take some time but things are going to accelerate when the economies of the world begin to show problems, right now the economy is still more or less working but we are seeing the first signs this is going to change, the trade wars between the US and the rest of the world have began and history shows things do not end well when we have a trade war. |
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Ridwan Fauzi
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July 15, 2018, 02:31:52 AM |
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The main reason is its disadvantages which cannot be refused and we can't ignore it.
Criminals will use it for an anonymous transaction they will sell more drugs and weapons
Everything has its own pros & cons.
The use of cryptocurrency transactions can still be tracked through the address, and this allows all users who make transactions will be known to the owner. In contrast to the use of banknotes that have been tracked for having a conventional system, a person who knows the illegal transaction is just a buyer and a seller. So, for me anynomous user implemented by cryptocurrency is not something to be reduced. |
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hanzosum
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July 15, 2018, 01:43:55 PM |
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I totally agree with you.
BTC is not money and gonna be too, but more Goldish even Diamondic stuff. So for liquidity and geenral trading BTC gonna be useless. All we accept that the showcase of blockchain was BTC. However its way is not suitable for our daily lives.
Let's talk about more how BTC will be out there as swapping tool -not money- or an ancient tech for blockchain. Sorry but ETH and others more competitive and effective for future.
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handsofgod
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July 15, 2018, 04:45:37 PM |
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You're probably right, btc so far away from beeing global currency, so many problems need to solve.  What about upcoming ICOs guys? Have you heard about Kelvin Blockchain? |
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pvtuan34897
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July 15, 2018, 06:27:52 PM |
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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 think it's not right statement. If I see that slow but certainly, Bitcoin will develop along with time going on. People already begun receiving bitcoin as a new economic system. It will continue to grow to be a trusted and popular economyc System. Bitcoin will be a global currency. I strongly believe in it. |
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Deubila
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Activity: 252
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July 15, 2018, 10:49:14 PM |
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I totally agree with you.
BTC is not money and gonna be too, but more Goldish even Diamondic stuff. So for liquidity and geenral trading BTC gonna be useless. All we accept that the showcase of blockchain was BTC. However its way is not suitable for our daily lives.
Let's talk about more how BTC will be out there as swapping tool -not money- or an ancient tech for blockchain. Sorry but ETH and others more competitive and effective for future.
Although Bitcoin is a pioneering coin in the cryptocurrency market, Bitcoin's transaction speed is the result of the use of blockchain technology that has not been successfully expanded to allow a broader user base. But ripple transactions are done spontaneously on the ripple protocol, not on a blockchain. So I think the XRP will be more suited to becoming a global currency. |
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k1ng0fBTC
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July 16, 2018, 07:23:28 AM |
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Bitcoin can already be considered a global digital currency, as it is already used by citizens in all countries of the world. However, he will not be the official currency of any country, and he was not created for this. Bitcoin will only go along with the national money of different countries, but he will not replace them. Most likely, bitcoin will not be massively used at the state level. States will use their centralized crypto-currency for this.
More countries are accepting bitcoin. It means that bitcoin is prevailing in the world gradually. In my country survey on blockchain technology is in progress and as they complete their survey they will allow people to trade in bitcoin. By this way more and more countries are accepting bitcoin and the day is not far when the whole world will accept bitcoin as their legal currency. |
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DaughterOFbitcoin
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July 16, 2018, 07:26:14 AM |
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it seems that you are not familiar with bitcoin extensively, bitcoin already talks about people and is known by many people in every country.
almost all countries are involved in bitcoin progress to date.
but there are some countries that still ban bitcoin because many are abusing to buy illicit goods such as drugs.
but behind it all the many benefits that can be felt because easy transactions between countries using bitcoin
In the future the whole world will use cryptocurrency and as bitcoin is the leading crypto in the world so it will take over the market and will be the only usable crypto all over the world. It is doubtless that bitcoin will hold the currency market and it will be the global currency in the future; no matter how much time it will take but the future is that of bitcoin. |
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bitbunnny
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WOLF.BET - Provably Fair Crypto Casino
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July 16, 2018, 11:47:29 AM |
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I would rephrase this. Bitcoin can't be global mainstream currency but it will be, and actualy it is already virtual global currency.
It is used everywhere where internet connection is available, it is decentralized, it is not attached only to one country or government.
So, for me Bitcoin already is global currency just it will not formaly become equal to fiat currencies.
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MMA
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July 16, 2018, 09:19:17 PM |
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I would rephrase this. Bitcoin can't be global mainstream currency but it will be, and actualy it is already virtual global currency.
It is used everywhere where internet connection is available, it is decentralized, it is not attached only to one country or government.
So, for me Bitcoin already is global currency just it will not formaly become equal to fiat currencies.
Yes that is very right to say, i think that bitcoin is now available everywhere in the world. People mostly use it for online purposes and i am hopeful that very soon they will even start using bitcoin in their local shops because bitcoin popularity is now increasing and very soon we will see that all the people of the world will start using bitcoin in their offline shops. |
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hannahboy
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July 17, 2018, 07:08:06 AM |
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It could be i guess, but needs to be regulated globally and that is a big time problem for all countries.
Sooner or later but one day bitcoin will legal currency, we should trust our bitcoin and keep on investing no matter what the situation will be, I am sure with the legalization of bitcoin is a lot of valuable countries soon bitcoin will be globally legal but we just have to be patient and wait for the perfect time, I think now a day bitcoin is being legal in several areas so invest don’t be worry about perfect regulation because one day it is gonna happen so being worry is useless. Yes bitcoin will very soon legalised in worldwide and everyone will invest in bitcoin very easy so most of people who cannot manage their job salary bircoin will solve their every problem and poverty will more reduce because everyone will easily help to poor people and that's why child labour will end because kids will get best education by bitcoin, so worldwide poverty will reduce and everywhere peace will born and spread like a jungle fire. How can someone say that? Blockchain is on the back of bitcoin and they want it to be the global currency in the future. I know it will take long time but one day bitcoin will take over the market and all other currencies will disappear from the market. It will be the global currency and the whole world will use it like their regular and legal currency. |
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Cordwel
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July 17, 2018, 08:59:00 AM |
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I agree with you that bitcoin may never be the main global currency, but it can replace the current online payment system, instead of paying by credit card over the internet which also requires you to disclose your credit card details, you can play anonymously with bitcoin. nowadays you will see bitcoin has been adopted by many countries.
So your own bitcoin is the global currency. many countries accept bitcoin as a payment
Fiat protects citizens from fraud. because if ordinary people start using bitcoin every day, they will get a high fraud case considering all the scams that run on the cryptocurrency market.
Unregulated markets are really dangerous for some people, and that's what fiat comes to protect
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katri
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July 17, 2018, 10:23:44 AM |
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There are still many issues that needs to be addressed! I love to see btc as part of global currency because I was to it and you could sent cpin from all over world. But surely btc has a long way to go before this things happen. Some nation have banned ntc on this economy making it difficult for the coin to established good image to the world.
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