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Author Topic: Bitcoin cannot be a global currency  (Read 5117 times)
yoshua27
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August 04, 2018, 11:38:17 AM
 #821

because many people and leaders of the country disagree with bitcoin because bitcoin does not have a real form so its value moves fluctuatively up and down significantly in the period of time
fredo123
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August 04, 2018, 11:45:20 AM
 #822

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.
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Bitcoin may not become a universal world currency but i can guarantee you that a cryptocurrency and not a central gov't based fiat currency may become a universal world currency. The technological advancements brought by Bitcoin and the innovation in the crypto/blockchain field is still in its early years but is laying out the foundation for groundbreaking discoveries to occur in the future.
cryptoaro
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August 04, 2018, 11:47:18 AM
 #823

mmm I think that this flied can not be gone without bitcoins. bitcoins which are the first digital currency. Also today the bitcoins are more valuable  than other coins.
I feel like bitcoins will be become main currency in the world someday or other day.therefore we must hold bitcoins.
rakibul1364
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August 04, 2018, 11:58:15 AM
 #824

Indeed, Bitcoin may be a world-class currency. However, Bitcoin is not legal in all countries. But seeing Bitcoin popularity once again will give the world legitimacy. I think
BulbaLord
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August 04, 2018, 12:41:04 PM
 #825

Bitcoin will never be a global currency , because bitcoin didnt know of all people and other country didnt accept this . So maybe it can be used to pay our bills and buy are needs , but it will never replace our money .
Emjohn.
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August 04, 2018, 12:56:26 PM
 #826

I agree that bitcoin cannot be a global currency but it could be a global currency if only it is accepted and not banned in any country. We can see that there are some countries that banned bitcoin but I think it is not permanent, so there is a chance that bitcoin can fulfill its objective to become a global currency in the future.
anil_saini01
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August 04, 2018, 01:01:57 PM
 #827

By allowing Bitcoin as one currency to transact electronically, it means the government understands what is needed by the community, that is, an alternative solution when the standard solution stops.
there are again some negative reasons that bitcoin does not deserve to be a world currency, the reason being that is.
first, extreme bitcoin Volatility.
princess22
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August 04, 2018, 01:07:48 PM
 #828

Its so hard to say that bitcoin could not become as global curreny, due to most of the countries are banned nor not accepting the bitcoin as their currency, other countries may protecting their interest on the world bank for the goods of their nation but bitcoin today is one of the most popular global currency in the world..
rain road
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August 04, 2018, 01:12:51 PM
 #829

I think Bitcoin can become a global currency. The technical advances made by Bitcoin and the innovation in the cryptography / blockchain domain are still in its early years but are laying the groundwork for breakthrough discoveries of the future.
I always put faith in it.
kaisa
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August 04, 2018, 01:43:27 PM
 #830

Bitcoin technology will continue to grow according to the needs of many people, maybe if bitcoin is used as a global payment then we will see the smallest bitcoin unit (sathosi) can be 1 $. Transfer fees can be increasingly expensive to deal with LN for now. all processes will follow the progress of the times. therefore, I believe Bitcoin can become a payment tool in the future.
Super wich
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August 04, 2018, 01:53:13 PM
 #831

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. Lips sealed Lips sealed
kuntet99
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August 04, 2018, 02:10:26 PM
 #832

I think it's very difficult at the moment, because the government cannot accept bitcoin in other countries and maybe this is the reason bitcoin is legalized
Gheka
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August 04, 2018, 02:11:40 PM
 #833

Bitcoin might not be received as a global currency in the nearest future but I believe it will be as popular as the global currency because in time coming it is going to dominated and be used in almost all online buying and selling transaction because.
I do not understand why you always think positively while the reality is always against your wishes, one thing that too obviously is the opportunity for bitcoin to become a global currency is almost nonexistent. You should not deny this, the government is very cautious with bitcoin and limiting its activities, from there, we can see the seriousness of this problem, Bitcoin is not welcome as you imagine, and most people still do not have the support for Bitcoin when it is the cause tremendous for scams

Apple Mac
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August 04, 2018, 02:16:15 PM
 #834

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.

You got the idea why it will not be called as the global currency since not of all thr countries around the world are opem to acquire this currency and be used as daily basis of life if a simple transaction will only cause a medium or cash to be able to perform successfully and I guess we are not responsible for forcing people to acquire Bitcoin if they dont really want.

funnynews
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August 04, 2018, 06:09:31 PM
 #835

I think that people are still not ready for bitcoin to become a crypto payment method in all the countries, we're still not having a United decision about how will we operate with cryptocurrency as a method of payment for our goods and services around the world.

Cryptotissue
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August 04, 2018, 06:19:09 PM
 #836

Its the matter of time. Bitcoin can become a global currency. Looking at the rapid increase in the market cap and volume of bitcoin, a lot of people are getting into bitcoin and they are also getting to understand cryptocurrency. The world is going to accept bitcoin as global currency in some few years to come.
munify
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August 04, 2018, 06:57:19 PM
 #837

Bitcoin has been received by people in various countries, I think in the future bitcoin might be a global currency. Although the possibilities are very small, but I still believe in bitcoin will be a global currency.

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idontcare
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August 04, 2018, 07:02:27 PM
 #838

If Bitcoin becomes a global currency then we will have to deal with Bitcoin trading issues. Sure the government will seek to control Bitcoin transactions if they agree to accept Bitcoin as the global currency.

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heroson
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August 04, 2018, 07:15:55 PM
 #839

In my opinion, its obviously something, what possible is. More and more people are knowing about bitcoin, they want to get involved in it.I even heard, that some universities are willing to accept bitcoins. Therefore, its a signal that bitcoin can be a global currency. And about countries banning bitcoins, its gonna change someday. So we are staying positive on this topic
Maamejane
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August 04, 2018, 07:48:27 PM
 #840

Why not it all  depends on the individuals globally, besides everything is possible under this planet called earth. I think it is just a matter of time and it is likely to happen.

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