Bitcoin cannot be a global currency

[TheGodFather]

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.  

yes, it is true. bitcoin is only the best for the online. it is used only for buying products and items in online world. it can't be would a global currency because we know how many countries are banned the bitcoin for some reason. so in only this if there are one or mpre country not allowed it. the global currency is gone. it is better to stay in the digital currency than to compete in other real currency.

[dylanarora789]

For every new technology a lot of hurdle's came across and this is not only happening with bitcoin, when internet
came everyone says that it would not work. When every country realize the power of block chain technology then bitcoin real revolution will start.

[BlackRacerX]

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 honestly think that bitcoins can be a global currency when it comed hand-in-hand with the respective fiat money of each country has. Even though the supply of bitcoins are not even enough to supply Russia, we can at least give bitcoins the power to be able to be used in ever country. Bitcoins can coexist with fiat money in a country.

[Kairon]

Bitcoin is only the founder of cryptocurrency , but does not position itself as the most promising coin )

[deloreswest]

For every new technology a lot of hurdle's came across and this is not only happening with bitcoin, when internet
came everyone says that it would not work. When every country realize the power of block chain technology then bitcoin real revolution will start.

yes i do think the same. It will takes time and bitcoin also need a lot of development. Bitcoin might be not able to be a global currency but i do think maybe in future goverment will make a cryptocurrency for global transaction with a fix price like tether.

[millionaireshs]

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.

Indeed! Actually many people will be disagree about these proposal if ever. A lot of risk are present when they try to use this specially if they are not knowledgeable enough.

[salalaman]

Bitcoin has the tendency to become the world's accepted digital currency if it gains the backing and acceptance of all the governments approval and recognition. Right now we can conclude that bitcoin is the worlds single currency because it has not been accepted in all the countries.

[Cryptocb]

Actually many people think it that way, base on the level of understanding, we are now in new era of technology to make life easier and faster than old tradition of making payment, therefore many companies has recommended bitcoin for any transaction payment.

[allaking]

The hesitation of the government to give bitcoin time to be competitive in the global currency arena is its decentralized feature. They are afraid of money they can’t control or they can’t profit. If this can be change or at least slightly favour them as a politician financially, a possible talks about global currency is near. This is impossible in nature and would the community will allow it. Who knows!

I really side with you my good brother. Most governments want to profit from what ever decision they take. Their inability to regulate and manipulate bitcoin has one way or the other attracted their wrath to ban it and also try to restrict its use by finding a nice way to make bitcoin look bad. If they should have the ability to regulate it now bitcoin will be a global currency tomorrow.

[Coinlover9]

Bitcoin has the potential and the features to claim that spot and be the global currency but the hurdles that it faces are humungous and very difficult to go through.But owing to it's security features it can achieve it.

[meanwords]

Sadly, you are right. Bitcoin's purpose cannot be the official global currency of the whole world because Bitcoin cannot be controlled by anyone and that it's price tend to fluctuate so much in a short period of time. But as we can see, Bitcoin is starting to get popular even around teens and parents. In no time Bitcoin would be a currency that would use by people for buying and transacting money even though it won't be an official currency. It can still be a currency that would change the world.

[HasiViraj]

Bitcoin could be a money however it will never be worldwide like we're altogether used to fiat hones and considering the way that destitution could be the factor that will hold its plausibility to end up worldwide particularly we're discussing innovation that surfaces with its request in the mechanical market. Not all nation has the purchasing capacity to have foundations that it concentrated on digital money, and considering in microeconomics that not in any case all individuals approaches web while at the same time some can in their own web bistro however it is very constrained.

[adadaorlina]

It is better to stay in the digital currency than to compete in other real currency. Bitcoin has potential and probably become a global currency but it would take a lot of years before it happens because the governments are still creating regulation about these digital currencies

[Purvik]

Not only bitcoin all crypyto currencies are only digital currencies they are not global currencies. Also bitcoin cannot be used as a currency is that the liquidation is too slow and fees are very high and Bitcoin is invalid in all countries only it is valid in developed countries so it cannot be a global currency

[Farma]

Not only bitcoin all crypyto currencies are only digital currencies they are not global currencies. Also bitcoin cannot be used as a currency is that the liquidation is too slow and fees are very high and Bitcoin is invalid in all countries only it is valid in developed countries so it cannot be a global currency

for now, I think bitcoin is not worth saying as global currency. well, we know that there are some parties that resist bitcoin. in addition, bitcoin prices are highly unstable, which makes some people think of bitcoin as a long-term investment asset in terms of currency.

[Jorge158]

I actually believe that we are getting  closer to bitcoin becoming a global currency. We have great countries like Germany accepting bitcoin and I believe that other countries will follow.

[minhlee95]

I think that bitcoin has all the chances to become a world currency. The main thing is that the whole world supports this technology now and in the future.

[jennygamilo]

Of course bitcoin will become world /global currency , because bitcoin popularity and familiarization are know by many other people but the problem is there are some countries that did not legalize bitcoin.

[bloodyvio]

yes of course bitcoin can not be a global currency
because not all countries can accept the existence of bitcoin
but
bitcoin can be a global transfer value
to transfer money to various countries anytime and anywhere

[sky4242]

Of course it can be. However, in many countries of the world, the use of bitcoin has not been valid yet. Bitcoin coins can emerge as world currency in all countries of the world. Now just wait for the time.Bitcoin coins in the future will be used in all countries. As a result, Bitcoin will get the world currency.