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Author Topic: Bitcoin cannot be a global currency  (Read 5048 times)
ajiejot
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July 30, 2018, 01:54:06 AM
 #681

Bitcoin can't be a global currency due to price volatility reasons every time prices changes so it is difficult to select one price for merchants to accept
Agree to this, we cannot say that Bitcoin can be a global currency but we should say that we can USE it as currency, but we cannot totally apply it because there are some people or business companies that don't want Bitcoin as currency for their own reasons.
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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Amy Halll
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July 30, 2018, 08:24:42 AM
 #682

Yes, Bitcoin can not be a global currency. It is not accepted by many governments, it does not have enough functions of a currency
BorisVirla
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July 30, 2018, 08:27:52 AM
 #683

Each country should regulate its economic relations with citizens, but one currency can be left.
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July 30, 2018, 08:30:10 AM
 #684

I think that bitcoin is not a global currency, but an asset such as gold Cool
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July 30, 2018, 03:19:42 PM
 #685

Maybe it's possible if all biggest country accepts bitcoin. But at present many countries ignore it. because some economist thinks Bitcoin make problem their economy. Moreover, some country lawyer department thinks people doing crime with Bitcoin. So we waiting because one day maybe bitcoin make a global currency.
Dasha88fed
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July 30, 2018, 05:30:35 PM
 #686

Bitcoin can't be a global currency due to price volatility reasons every time prices changes so it is difficult to select one price for merchants to accept
Yes, Bitcoin has some disadvantages, but if the countries agreed to use Bitcoin as a global currency, its price would grow and it would have less volatility than it is now. In this regard, all other coins, goods and services would be tied to the price of Bitcoin, and not to the dollar as of now.
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July 30, 2018, 05:35:02 PM
 #687

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 cannot really conclude anything right now but if we are going to keep on supporting bitcoin up until the future, nothing is so impossible to happen. Bitcoin has all the good characteristics a currency should have to attain more convenient and wealthy living for everyone. We should not doubt bitcoin's ability to dominate the world in the future.

Stioned1987
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July 31, 2018, 12:18:39 AM
 #688

despite the fact that Bitcoin isn't applicable in every united states of america inside the international,Bitcoin has won recognition in each united states of america.From this touch,Bitcoin will be identified as a global foreign money.The future of Bitcoin may be very bright and it's far a reality that Bitcoin will take over the marketplace within the future.this may be international forex and i'm excited to see the time while the entire global will use just one foreign money international.
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July 31, 2018, 12:57:07 AM
 #689

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 not because bitcoin can be a global currency but this is one huge step step to start becoming as global currency for Bitcoin is acceptance be people and mostly by Governments.
bayu7adi
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July 31, 2018, 01:08:39 AM
 #690

very difficult to predict, that bitcoin will be the currency of the future, or not.
usually surprises from bitcoin come from unpredictable places, therefore I remain a true BTC HOLDER so as not to lag behind the important moments of BTC and share the atmosphere as a cryptocurrency community
Btcmicel
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July 31, 2018, 01:08:54 AM
 #691

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 not because bitcoin can be a global currency but this is one huge step step to start becoming as global currency for Bitcoin is acceptance be people and mostly by Governments.

At this time bitcoin cannot be a global currency because of the kind of system at this point. But in the near future it happen when makes higher and faster. It is the needs of people in terms of payments.
gavazn
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July 31, 2018, 01:10:39 AM
 #692

It was really useful
requiredto
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July 31, 2018, 01:21:37 AM
 #693

It is impossble because bitcoin can not pass fiat money, fiat money is used widely all over the world
Impulseboy
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July 31, 2018, 01:23:58 AM
 #694

I agree with you that bitcoin will probably will never be the main global currency, but it can replace the current internet payment systems, instead of paying with credit card over the internet that will also require you to reveal your credit card details, you can play anonymously with bitcoin.

I kind of agree with you on this. I dont know how popular bitcoin is in every country, as I am sure there are still people out there who have never heard of bitcoin where bitcoin/crypto is already popular. But I also agree that it may replace the current internet payment systems. Not soon but maybe in 5-10 years time. There are ewallets now where you no longer need a bank account but still allows you to withdraw your fund so it is highly possible bitcoins can become like that in the future.
Hkim21
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July 31, 2018, 02:07:07 AM
 #695

maybe your statement is true, the government will definitely oppose and defend its national currency so as not to fall due to bitcoin, I think it is not wrong. In addition to being a global currency is certainly required approval from various countries, I can not imagine how the unity of the state will regulate it with different climate and economic cash system in each country.

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Asusnumbaone
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July 31, 2018, 02:27:42 AM
 #696

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 cannot be a global currency because many countries in southeast Asia banned bitcoin because it can be treated to the economic of the other country, People starts knowing bitcoin and the other banks adapt the transactions of crypto currency. Many of investors are from the bitcoin that's why the other country didn't earn investment because all of the investment flow on the bitcoin and other crypto currency. The country have no investor the economics will down.
jemerson1420
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July 31, 2018, 02:43:08 AM
 #697

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 is decentralized money bro until it makes the bitcon as a legal money. You will find the bitcoin price to reach more than 50k USD in 2020. That time you will see the bitcoin has been adopted by the many countries dude.
So that you itself bitcoin is global currency. If you get into the Japan airport, even now itself you can access the bitcoin ATMs at there and can legally used.
no because bitcoin is under crypto currencies.
Captain Sneeze
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July 31, 2018, 02:59:29 AM
 #698

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.


No i think its not because bitcoin can be a global currency in the future and many governments and many country will accept bitcoin and also because bitcoin is the best payment in all cryptocurrency.
AndreaPhillips
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July 31, 2018, 04:16:27 AM
 #699

That's right, although bitcoin is a coin that is known as the world's leading coin, in some countries around the world, coinage appears to make the economy there. Transformation raises concerns that it is these bitcoins that will make their currencies stand behind other countries, so the authorities do not allow bitcoin in their country.
lehuong
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July 31, 2018, 04:20:40 AM
 #700

Bitcoins in the future may be digital globally and we will be trading them anywhere in the world and buying internationally if bitcoin is accepted by all nations for delivery Translate
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