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Author Topic: Bitcoin cannot be a global currency  (Read 5048 times)
poldanmig
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July 26, 2018, 04:40:06 AM
 #601

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.
in my opinion bitcoin could be developed if its investors grow as well and of course the role and the legality of government to bitcoin and recognized as a currency that can for the transaction in the field of economy

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July 26, 2018, 04:51:57 AM
 #602


This is just the beginning of cryptocurrency. The beginning of human is human not the monkeys.They are a different specie lol
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July 26, 2018, 05:18:48 AM
 #603

btc Created in 2007, the world’s first decentralized currency now an accepted form of payment in dozens of countries around the world. As more countries begin to adopt this innovative technology, it’s clear that Bitcoin has the potential to become the new global currency not tied to a specific country or central bank and it also has the potential of been accepted in the nearest future by some countries that have rejected it before now.
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July 26, 2018, 05:22:21 AM
 #604

We can not predict what will happen on the bitcoin in the future, we do not know if some country will accept it because bitcoin is now i popular but some are banned bitcoin in some reason, well i think when they really understand what is the help of bitcoin to them, i am sure that it has a possibility to make it as global currency.
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July 26, 2018, 05:23:02 AM
 #605

why bitcoin can not be a global currency? probably because no country allows bitcoin to be a currency and it's very influential, but bitcoin has now reached its destination, a good thing for the future if all governments can allow it.
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July 26, 2018, 05:27:45 AM
 #606

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.
We can not anticipate what will occur on the bitcoin later on, we don't know whether some nation will acknowledge it in light of the fact that bitcoin is currently I prevalent yet some are prohibited bitcoin in some reason, well I think when they truly comprehend what is the assistance of bitcoin to them, I am certain that it has a probability to make it as worldwide money.
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July 26, 2018, 05:53:03 AM
 #607


It still will. Those who banned crypto in their country will catch up once they realize that bitcoin is dominating the financing institutions in many parts of the world. It's just like any other tech that should be used by many people first until other follow next.
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July 26, 2018, 05:58:05 AM
 #608

We can't really predict what's bitcoin can really do to change the future of currencies, we can't remove the possibility that it would become a global currency in the future because bitcoin now is global and more people or investors are willing to risk their money for bitcoin.
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July 26, 2018, 06:12:38 AM
 #609

We can't really predict what's bitcoin can really do to change the future of currencies, we can't remove the possibility that it would become a global currency in the future because bitcoin now is global and more people or investors are willing to risk their money for bitcoin.

I agree, bitcoin is becoming more popular and as the time passes by more and more people are joining and investing in bitcoin, we cannot really tell what is gonna happen in the future but there is chance that bitcoin can be a global currency.
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July 26, 2018, 07:26:05 AM
 #610

Although Bitcoin is not applicable in every country in the world,Bitcoin has gained recognition in every country.From this contact,Bitcoin will be recognized as a worldwide currency.The future of Bitcoin is very bright and it is a fact that Bitcoin will take over the market in the future.This will be Global currency and I am excited to see the time when the whole world will use just one currency worldwide. Ha
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July 26, 2018, 08:26:40 AM
 #611

Although Bitcoin is not applicable in every country in the world,Bitcoin has gained recognition in every country.From this contact,Bitcoin will be recognized as a worldwide currency.The future of Bitcoin is very bright and it is a fact that Bitcoin will take over the market in the future.This will be Global currency and I am excited to see the time when the whole world will use just one currency worldwide. Ha
The countries which didn't allowed to use bitcoin like Cryptocurrency were having old thinking , but now condition for them is not yet still same as it was earlier , Thier mentilty to allow the bitcoin use in present time changing and they are thinking that it is much important thing for us to make better amount of flow of money as a tax by the users .
Most of the governments who were against the use of bitcoin , are now thinking that they should allow use of bitcoin and put a rule to limitations of use and a big percentage of the tax system rule will be applicable that will leads into big profit in form of tax and that will pump the economy of the country .
So here we just need to wait for the soon time to come and enjoy the bitcoin at every country to use as a payment system and also people will be able to grow Thier online business in whole world market .
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July 26, 2018, 08:40:51 AM
 #612

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.
Yeah you might be true to your statement that bitcoin could not go global as a currency and that for only a centralized form because bitcoin is a decentralized form of currency. However, i do believe that bitcoin will go global in a decentralized form of currency and that is my belief. Bitcoin as a decentralized will going to live longer.

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July 26, 2018, 08:48:59 AM
 #613

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 has its value so that means that like cash it could be use for purchases/ transactions so for me there is nothing which could stops making it currency for future years.

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July 26, 2018, 08:50:52 AM
 #614

We can't really predict what's bitcoin can really do to change the future of currencies, we can't remove the possibility that it would become a global currency in the future because bitcoin now is global and more people or investors are willing to risk their money for bitcoin.
Everything now is just a predictions and speculations in global currency, would bitcoin can become a global currency or it will only be like stocks by means of trading and spending the coins or tokens with its own business and advantages. I can say that it was possible to be a global currency or anyone its on our own way of thinking towards future with the digital currency.

 
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July 26, 2018, 08:52:47 AM
 #615

in general, bitcoin has its own world in the crypto community, so digitally, bitcoin already has traders and investors who are very loyal and that's enough to make the volume grow every day globally, in the end bitcoin will not be too effective in the real world, but basically it will be greatly affect the concentration of stocks if it has entered the wallstreet market and so on, of course, can only run commodity trading only.

fiat and bitcoin will not be able to unite in the same world, but they can be a very manageable counterweight. until now the government has not been able to ban the development and spreading of very massive bitcoin. and it becomes the potential that bitcoin is able to move globally even in the digital world.
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July 26, 2018, 09:16:19 AM
 #616

What are you talking about "Bitcoin cannot be a global currency"? Does it have any physical boundaries? Can't it be accepted anywhere in the world providing they have internet access there? I believe it IS global, but what it it's NOT, technically, it is NOT a 'reserve currency'. But it is global by definition.  Cool
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July 26, 2018, 09:20:50 AM
 #617

why not ? Undoubtedly no one can stop bitcoin, not even the governments or banks, they will try all they could but they will end up making bitcoin more and more extremely popular and the value will keep on increasing. As a result, i believe that bitcoin will become global currency one day
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July 26, 2018, 09:27:37 AM
 #618

Bitcoin will not become a world currency for the reason that as soon as it ceases to give profit to people, people will lose interest in bitcoin and it will die.

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July 26, 2018, 09:28:41 AM
 #619

if we look at the state of bitcoin at the moment then it is unlikely that bitcoin will become a global currency because there are still many countries that prohibit bitcoin as a means of payment, but I have heard that bitcoin in the future will become global currency.

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July 26, 2018, 10:35:21 AM
 #620

it seems so, the existence of bitcoin for the purposes of society today, I think is still far less satisfactory,
society needs something more than bitcoin,
and I'm sure there will be a perfect currency to replace the USD, as an international currency
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