Bitcoin cannot be a global currency

[Machine02]

This is a good hypothesis but I don't believe in such possibility as Bitcoin is airway becoming a global curreny and in the coming days more and more people are joining this curreny.

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[Mastsetad]

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 don’t know for others, but I see Bitcoin as a global currency. Just look at this, everyone no matter where you are living  you still have the access to Bitcoin (except countries where government has banned it) and you can also send to anyone in any location and receive from anyone too. So since you can do that already, what then do you want from it? If you are waiting for when Bitcoin will become our currency, then I’m sorry, that’s a stupid thought.

It will take long time to become global currency. In my country most of the people still do not even know the name of cryptocurrency, so they will take long time to rely on bitcoin and put their money in it. The future is that of cryptocurrency and bitcoin is the leading crypto in the world. Bitcoin will take over the market but not sure about the time.

[Magic Sarap]

Linking today's technology with philosophy is like asking an atheist to believe in the existence of God just because the convincing party is theist. Bitcoin came into picture not exactly to make up for the deficiency in the current monetary system, but in order to make it highly secure and easily accessible although being based online. Who knows, we may even come up with better tech in the near future, marking a new era of easy payments but for now, lets just crown blockchain as the flagship here.

I strongly agree with your opinion, who must believe in god because we are also created by god.

Absolutely because many countries are still againts in bitcoin, and i think many countries will be againts in bitcoin in the future. Why? Because bitcoin being used in illegal transactions and trades in black market and that really affects the economy. And if that illegal things continues btc will be banned in all countries in the future.

[Menthil85]

bitcoin can be a world currency, but only in certain countries, but bitcoin has not obtained legal permission from countries around the world, but bitcoin can also be used as a transaction tool to buy goods in one online store in countries that already know bitcoin, so if bitcoin is said to not be a global currency that you are wrong, actually now many are using it, bitcoin only needs time to reach its original goal

[etnichalx837]

that he will never be, it's a fact! But we understand that now everything is going to the fact that we can easily pay anywhere in the world with bitcoin.

Bitcoin will become the world currency, especially for online trading. Because using bitcoin transactions it becomes easier, cheaper and faster. Like the internet at the beginning of its creation, many doubts can unite the world. Eventually proved, we are now living in a world united by the internet. Like bitcoin, for payments between countries / continents only requires a few "clicks". Very simple

[roomboy85]

If bitcoin will accept in whole word i think its gonna be a global currency, but still know more country government not accepted bitcoin thats why it cant overtake fiat as a main currency of the people but im very sure we can use bitcoin in differnt form of online payment system.

[Mr.John19]

Truly bitcoin and others digital currency can't be worldwide cash, it must be elective money. There are distributes of the motivation behind why bitcoin can’t is worldwide cash. On this planet there a place doesn't have or absence of internet connection. Not all the person knows the digital currency, and there someplace bitcoin, or cryptocurrency does not permit by the administrative authorities.

[indopool]

Maybe it's true that Bitcoin can not be a global currency, but bitcoin has been owned by most of the population on this earth, Bitcoin will continue to grow and improve to attract many new bitcoin users. the fact that through the bitcoin internet connection is available worldwide makes it global and provides an opportunity for all countries in the world to use it and that's the beauty of bitcoin.

[Mastsetad]

it seems that you are not familiar with bitcoin extensively, bitcoin already talks about people and is known by many people in every country.
almost all countries are involved in bitcoin progress to date.

but there are some countries that still ban bitcoin because many are abusing to buy illicit goods such as drugs.

but behind it all the many benefits that can be felt because easy transactions between countries using bitcoin

I think BTC is more like an asset than a currency because it has no stable value

you are right that the price of bitcoin is too volatile but it is for the time being and when the whole world use bitcoin as their regular currency nobody will calculate it into any other currency, then it will just one price and there will no volatility because of no comparison with other currencies. I want to see that time because it will be a different experience.

[Gunawan82]

bitcoin is not competing with proprietary centralized forces generally in the blockchain space. There are other FOSS platforms and coins that potentially will do everything better, and in if those are truly better, they will replace bitcoin. But being a protocol it evolves at a slower pace than standard Software, but much faster than other protocol upgrades like IPv6 adoption for example.

[12tribes]

Bitcoin indeed cannot be a global currency at the moment but that's not to mean that it cannot become internationally recognised as a world currency and receive international usage and application. However, the bit coin may not get to that height and acclaim alone. It will intact be a herculean task or more must be achieved in the crypto world before such recognition can be. We watch to see what shall result.

[btcCoincart]

Why not? Bitcoin make the way you transfer money easier. Using bitcoin and you can transfer it to any country all over the world with really small fee, and it's really quick for the transaction goes through!

[Rj Manik]

We are pointing comprehensively so any individual who feels that it will occur in a brief span is losing their brains. Indeed, even Google invested a long time to achieve where they are. So we simply need to keep on what we are doing and we will in the end achieve it. We should seek after such sort of thing as this will no uncertainty help us in such a large number of ways.

[irenegaming]

The most common reason given by everyone why Bitcoin cant be a global currency is cause it is too volatile. But this volatility isn't going to be here forever as once Bitcoins market cap gets large enough it is going to be very tough to manipulate and move its price in comparison to earlier.

[inesterdd]

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.

What does not allow you to become one of the main owners bitcoin? The currency is maximally decentralized, and you can easily become its owner!

[trauchot]

I do not think that now many people think about it, because bitcoin has not been studied till the end and its real potential no one knows. Bitcoin anonymity gives to all the keys to use it without any obstacles, which does not allow many countries to legalize it and possibly become a global currency in the future.

[Vsamuel]

They are the new army, the new bureaucracy, the new emperor. Are these people trustworthy?

Like insurrection, it is either extinguished or assimilated into the long river of history.

Bitcoin like insurrection can either be extinguished or assimilated into the long river of history. In the long river of history, i must say that Bitcoin already flows endless. Extinguishing is no longer an option. My point exactly is that while the flames of Bitcoin cant not be extinguished, we should never deceive ourselves to believing that Bitcoin can ever become a global currency. Bitcoin can never become a global currency because, it doesn't meet up to the need of all persons in the world. At the moment, i see Bitcoin to be only useful for making investment. Aside this nothing else. The poor can not afford to trade with it.. and even the rich who trade with it face diverse consequence

[samiul12]

I think btc don't need to a global currency because one day it will control all the currencies. All currency has a fixed value but btc is uncountable. So it will stay out of reach of many rural people but otherwise maximum investment will be done through it. It will be legalized soon in the whole world.

[ggezlink]

Crypto currency is being used as a worldwide money now and numerous individuals all around the globe is utilizing it. There are numerous individuals who dont know BTC however they are decreasing as numerous people learn new thinhs everyday. Furthermore, when that happen everything in this world will utilize virtual money.

[conceivedspoon2]

I quite agree. Not because bitcoin is not a good financial platform but because of the damage it will do to government official and the rich and famous people. Bitcoin is the highest in value and price of the cryptocurrencies.