Bitcoin cannot be a global currency

[tokilaka]

Bitcoin has earned recognition in every US country. Very bright and the fact that Bitcoin will take over the market in the future. I think that is not wrong. In addition to being a globally accepted currency from many different countries, I can not imagine how united the state would regulate it.

[hacsoi2799]

bitcoin has changed the global technology but can not become currency because it is banned by some governments while the currency is not banned by any country.

[tranle1267]

in my opinion, bitcoin and the other altcoin like ETH will become a global currency.
the blockchain will be technology of the future. i think the goverment will be accept them in future.

[Himanshu111]

It is understandable that Bitcoin can not be a global currency. At present, the US dollar can be considered as the global currency. It depends on the value of the currency, the legitimacy of the country, and the popularity of the currency. Bitcoin is valuable but not yet popular, and is not considered a legitimate currency of many countries around the world. But I believe in the future, with the development of the Cryptocurrency market, Bitcoin will become the "US dollar" of the Cryptocurrency market.

I totally agree with you but if am gonna add something it is that the main reason why bitcoin is not yet accepted as the global currency is because it has not been accepted by major government of the world say for example now the government of major countries accept bitcoin at that instance it will have great value that will make a currency of interest.

I think this process will take a lot of time as Bitcoin is not used by all the people of the world but only a few people are involved in it.Bitcoin is decentralized and so many nations do not support it as it is not under the control of any Central Bank or government.Bitcoin is internet regulated and so it cannot be used anywhere and anytime.It is also banned in some nations and many have no idea about it.They only use fiat currency as it can be used easily.Bitcoin is a bit complex process.

[BTCballa]

For now I can agree with you because there is a paradox financially to become a currency for bitcoin but somewhere in the future I believe that people will be able to make bitcoin to be at least the second alternative payment method.

[tushin4]

I think bitcoin is a global currency, we know that many country's in this world they have banned bitcoin. But this countries many People's use bitcoin and they work bitcoin in hard. So bitcoin is a global currency.

[CeyCrypteon]

It is not accepted in the formal financial world as a global trading currency yet but it will gain that position sooner with the crypto revolution we see in today world where many major industries are trying to connect there Businesses processes with bloakcchain technology and Bitcoin so in the future we could see Bitcoin is used by more and more businesses in the world

[mmo4me.2016]

Bitcoin needs to be developed and more interested to be able to become a currency, at present, bitcoin as a valuable investment asset!

[kniheant]

i reject your opinion,Bitcoin can become global currency if the price keep remaining at confidential.

[ace1105]

i reject your opinion,Bitcoin can become global currency if the price keep remaining at confidential.

I think we have different opinions and belief what bitcoin can be and should be, but I think in this stage bitcoin cannot still be a global currency as many countries don't legalized it.

[SilverChromia]

We cannot say that bitcoin is not a global currency because at this moment and for so many years bitcoin is already used in a lot of countries in every part of the world and its already started to be an international used by a lot of people who really wants to change their lives and their love ones using the good feature of bitcoin and prove how bitcoin is good as a currency that can change a lot of peoples lives

[KnightElite]

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 will only become a global currency if many people will use it. There is a high chance that the bitcoin will change the current economic system because people are now feeling convenient through the use of bitcoins.

[pr0bvk]

I think Bitcoin can be a global currency because speed, convenience and safety of its, but some countries will not accept it

[Crystal24]

What makes you think that bitcoin cannot be a global currency?
Bitcoin is the future of payment.
So its possible for it to assume global currency in the nearest future.

[Kuchiyose]

Bitcoin needs to be developed and more interested to be able to become a currency, at present, bitcoin as a valuable investment asset!

It must be developed because Bitcoin will not be able to have a good price if humans do not always develop the use of Bitcoin. It's time to do something good for the future.

[Sathya12]

According to my knowledge Bitcoin is world currency.

[Ahmed Ahmedov]

I suppose it won't due to the world  regions' unequality. It always will be a regions where BTC is accepted, and, viceversa, the regions with no crypto accepted at all. Due to both technological and legal issues.

[yatogami]

I've always been saying that full decentralization will bring absolute and uncontrolled chaos to our structurized societies.
This will be catastrophic and will destroy all the institutions that were so hard to build after yet another revolution.
Yes, Bitcoin in its current state is a symbol of freedom to do what you want with your money, but is shold be given at least a small extent of regulation.

[Fineyokoma]

For me BTC can be a worldwide currency. First of all it is decentralized and it doesn't belong to state. It is not a physical currency so users can use BTC all around the world

[ptcntt-gold]

In my opinion, in the future it is possible that bitcoin will become a global currency. I believe countries around the world will accept them in the future.