Bitcoin cannot be a global currency

[idrisalomagold]

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.

Well, the reality, human nature is evil; thus, people are an opportunist in philosophical perspective. We cannot stop or hinder them since they benefit out of their action. However, it may just say that this few big v you mentioned would really be great because they see disadvantages of other people. They are manipulative and off course would reason out to get the best deal so far (bitcoin farm, bitcoin mining - rich and wealthy).

#peace

[lester04]

Bitcoin is popular now today, I don't think if btc will be a global currency but I assure it will be more important and valuable by coming years Bitcoin could be the ceter of payment transaction worldwide and it could be a global currency in terms of digital currency but not as fiat currency.

[adjong]

for me I agree with you because not all countries are aware of bitcoin because overseas bitcoin also prohibits it from believing it pays it. here we are in the philippines great bitcoin contributes to our poor especially not find a job.

[armarsterling7]

In my personal opinion, Bitcoin really can not become the global currency of the world. Although it is an electronic currency and is attracting a lot of people around the world, it is still not eligible to be trusted. lack of stability and too much risk and lack of transparency have reduced Bitcoin's trust.

[Jian_Liux]

Global currency is a currency recognized by all countries and is a legal means of payment, whose use is governed by a country's government. While bitcoin is a cryptocurrency whose use is not regulated by the state and can not be established as a legitimate means of payment, since it has not been recognized by all countries in the world, there are even some countries that prohibit the use of bitcoin. So bitcoin will not be a global currency.

[Lucio19]

It will take a lot of time for Bitcoin to prove itself. For now, although among our community, Bitcoin is the most trustworthy coin, people who doesnt know about cryptocurrency still think of it as scam or bubble. But I believe it will have a bright future

[Mat_Myers9844]

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 Bitcoin can be Global currency but problem is that some countries started banning crypocurrency I don't know main reason behind it but It is wrong.

[hardip567]

My idea is to think about the first regulation. After that, think about Global Currency

[nazarovv]

I believe time is what we need here. If financial liberalism will do end up causing chaos, everyone will realize that and there will be formulations of ways of fixing this. But we cannot deny the fact that bitcoin is now being adopted more and more, can likely become a world currency.

[Maruf Nazir]

Bitcoin must be a global currency, in some countries, in current markets, in colleges, markets and transactions. And, it's very easy and easy to communicate with security.
So Bitcoin can certainly be a worldwide currency.

[Emily_Davis]

It depends on what you mean actually. If by global currency, you mean that it will be accepted all over the world, then that is a possibility. Though the present reality might seem to differ. It is no news that certain Asian countries have banned cryptocurrency. But I believe with time, that will change. So, Bitcoin might end up being accepted all over the world. By if by global currency, you mean it replacing the typical paper money, then that's only a dream. Bitcoin doesn't even need to become a singular currency. If its major aim of decentralization must be achieved, then I think it is necessary that it remains the way it is now.

[kingter godd]

When bitcoin has been developed, it is popular.
Of course in the present bitcoin can not be called popular in all countries, But in the future it is possible, but the best way to put bitcoin into the best money, should be used as a credit card easy to exchange, pay

[angchosenone]

I believe that bitcoin can be a world currency while at the same time I dont have a firm conclusion on Bitcoin as an elective money, I do have more conviction on Bitcoin as a venture: it's anything but a venture it is hypothesis But, that doesn't mean it won't keep on gaining in ubiquity and more extensive use In bitcoin we currently appear to have another type of cash that adversaries fiat cash as we move full speed into the time of innovation.

[Akenosi]

This will not happen because no government will want a decentralized crypto currency created by anonymous person to outshine their own national currency, btc will remain currency used to make online payment.

[Sponsoredby15]

Bitcoin will become  a world currency, some people hard to accept it. The government and the central banks will not react if Bitcoin is not a treat on their business and shaddy transactions. It is like an Internet Era where they tried to hide it to the people. 

[bright4mech]

Bitcoin is a global currency, which has been working with perfectly online transaction in means of payment and purchasing of goods online and also trading to earn more profitable as a full time business, therefore we are now in Era of technology to reach round the in a minute.

[rlm42]

Bitcoin has three main problems: security, liquidity and profitability.
Based on this bitcoin does not fit the description of the reserve currency, although its popularity among investors is growing - many believe that bitcoin will soon come out of the shadows and take its rightful place among other currencies. But will be it global currency - big question.

[spriggan_0Zt]

as for my opinion, i dont think bitcoin can be a global currency, in can be converted to other currencies as what it is today but making it as a global currency would only increase its security risk and attract hackers that could possibly give them power across different nations.

[syarifudin]

mungking kalo to be the world's currency may ga maybe ya.negar big who already recognize bitcoin .. 1. United States

At first bitcoin originated and developed in the United States. This is what makes the development of bitcoin him Uncle Sam's country much better when compared to other countries.

However, the use of bitcoin in the US is not too many in number that is about 25%. This use is mostly for online shopping payments. In fact, bitcoin can be used to pay for tuition and other bills. 2.Japan, Russia, Denmark, south korea

[Tashi]

Bitcoin being a global currency may not be possible at this moment, but that doesn't mean as well in the future. The world keeps on making steps on innovation. I don't see why not? Additionally, it is more versatile and convenient for any transactions we need to do.