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Author Topic: Bitcoin cannot be a global currency  (Read 5051 times)
Dana-pasar
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July 25, 2018, 05:27:50 PM
 #581

if I think bitcoin still can't be a digital currency globally bro. but I have a view that bitcon will most likely become a global digital currency, bro, which can be accepted by the world community. even though it's still in the process stage ..

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HasithaM
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July 25, 2018, 05:31:44 PM
 #582

Truly I suspect as much. It is the possibility of bitcoin to send cash anyplace on the planet without paying a high expense right it is only a cryptographic money that pushes individuals in sending cash to anyplace from anyplace likewise bitcoin's instability is exceptionally dynamic at this moment. Individuals can't choose in the event that it can be use as elective cash.
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July 25, 2018, 05:32:58 PM
 #583

I think that after a while Bitcoin will be the world currency. His popularity is growing at a fast pace, people are beginning to learn about him, and use Bitcoin. At such rates, Bitcoin simply destined to become a world currency.
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July 25, 2018, 05:36:03 PM
 #584





Bitcoin is an international currency in the sense that wherever you are in the world, even in countries where Bitcoin is banned, once you are not a citizen you can still use Bitcoins and do your btc transactions using your PC. Wink
Epimetheus
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July 25, 2018, 07:18:35 PM
 #585

According to resent conditions of bitcoin,it cannot be a global currency. Bitcoin is not world wide accept and it is one of the main reasons behind this. It is an decentralised currency and because of this it is ban in many country. Bitcoin is quite complicate to understand and for this reason many people  doesn't believe on it. Its is virtual currency and this is another reason for which people doesn't believe on it. Bitcoin is also associated with many criminal activities and serious cyber crime and it is untraceable too. These above agenda are also reason behind this topic.
cizatext
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July 25, 2018, 07:24:24 PM
 #586

Bitcoin can be the world universal currency in as much as digital currency and cashless society is concern, bitcoin has the capacity to be the world global currency all that is needed for that is general acceptability of bitcoin and that all country of the world embrace bitcoin as they secondary currency in that way bitcoin is become the universal currency.
hygroscopicgymnasiumd
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July 25, 2018, 09:07:36 PM
 #587

Unless it is made Legal money there still will be problems occurring and we have to face it.
MMA
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July 25, 2018, 09:12:39 PM
 #588

Unless it is made Legal money there still will be problems occurring and we have to face it.
Even those still most of the countries has not legalize bitcoin, but still we can see that the users of bitcoin are increasing from time to time. Now bitcoin users are present in every corner of the world. Even in backward countries the bitcoin users are increasing. People now taking interest in bitcoin and therefore now we can see the bitcoin users in all over the world. Its number will even increase too much when bitcoin will become legal in some countries.
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July 26, 2018, 02:12:12 AM
 #589

It is too soon to decide it, bitcoin still have a possibility to become a global currency in the world.
Bitcoin just need to reduce the volatility in the market, and the permission of government in all countries.

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nesty
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July 26, 2018, 02:20:27 AM
 #590

Global currency is very much different from the digital currency that's why it cannot be a global currency. And as far as currency is concerned different countries have different currencies and there is none above all the currencies is used as one currency by all the countries. I never knew any currency that is agreed by all countries to be used as one worldwide. Bitcoin is already on top of the Crypto Currency market and it is evolving the whole internet and it continue to lead all the digital currencies.

Red Fire
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July 26, 2018, 02:36:02 AM
 #591

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.




For me they only think that bitcoin cannot be a global currency because government don't want it and they didn't want it to be legalized. Actually bitcoin is the main enemy of government now so they will not let that happen.
Gegege27
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July 26, 2018, 02:53:17 AM
 #592

It can be global currency if the government of all countries allows using bitcoin.

Because some of the countries Bitcoin is still illegal like in Bangladesh they have an anti-money laundering law they threaten to imprison anyone dealing with cryptocurrencies

so yah you're that Bitcoin cannot be a global currency
josephpogi
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July 26, 2018, 02:54:59 AM
 #593

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.
Yes it can't be because there are some people who are just wanting bitcoin to be global currency so that all of the transactions are made online but it can't be happen. If bitcoin will be the global currency it should be in the legalized because all people will use it.
Marachgalthena
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July 26, 2018, 02:57:19 AM
 #594

although bitcoin is very popular now, it still has a long way to go to become a global currency Smiley.
steampunkz
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July 26, 2018, 03:04:09 AM
 #595

Well, that will depend on the law and jurisdiction of the other countries I think, As here in south-east Asia countries. We recognize bitcoin as one and main crypto that we are using every day. And we can see how much bitcoin had been gained these years and still its the number crypto in the whole world.

IndigoRed
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July 26, 2018, 03:08:19 AM
 #596

although bitcoin is very popular now, it still has a long way to go to become a global currency Smiley.

I agree. Bitcoin’s success as a global currency will depend on society identifying with bitcoin’s underlying strengths, particularly, the independence from our current financial system. If enough people start adopting Bitcoin to transact, network effects might do the rest. And a lot of people now already believe bitcoin is a global currency. If the confidence is there, it can really happen.
victoryana
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July 26, 2018, 03:48:00 AM
 #597

In Southeast Asia, digital money is becoming more popular for another reason: they are helping businesses solve everyday problems. maybe one day it is the common currency of the world
saadat6868
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July 26, 2018, 03:53:54 AM
 #598

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 agree on that, the Bitcoin is not able to became a main currency in the world yet, because it is still unstable and uncertain we cannot make something our main currency which we are not confident in.
Danilotot
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July 26, 2018, 04:00:51 AM
 #599

Certainly bitcoin is a global currency, in fact it can be used in different payment methods. such as bills, car uber etc. but in other countries it does not seem worth it yet.
Maricel2017
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July 26, 2018, 04:02:31 AM
 #600

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 agree on that, the Bitcoin is not able to became a main currency in the world yet, because it is still unstable and uncertain we cannot make something our main currency which we are not confident in.
Also not all country already accepts cypto currency because they think it will harm their economy by competing their own currency but those government they dont think the advantages brings by crypto currency to each person in their economy. But the possibility to be global currency is always there and i am hoping for that.

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