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Author Topic: News: Bitcoin won't be Global Currency  (Read 1107 times)
Zapto25
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July 07, 2018, 04:07:03 PM
 #121

yes I think so bitcoin has become a global currency because of the essence of global currency because seudah received and in use around the world
jeffer8035
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July 07, 2018, 04:32:05 PM
 #122

bitcoin today is a global currency or a global asset that says otherwise is shod that is the same as saying that gold is not global bitcoin is also a reserve of value is also limited i also have to get it out of a mine but virtual it is difficult to obtain or mine it takes time and work is not that you say I am going to create a bitcoin out of nothing has to have a computer mining machines electricity internet and work all day and the other way is to invest money and market it so it is not easy the degree of difficulty is what makes bitcoin is maintained because it can not be manipulated

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July 07, 2018, 04:35:51 PM
 #123

Bitcoin will be global currency, just give it 5 years, once everyone can buy and sell with their phone and with few apps with low fees and fast transaction, i believe it will be a global currency.
how to fix fee and transaction problem? and if 5 years bitcoin reach its limit nothing that we can do again. after all circulation almost end it is difficult to send bitcoin to another place if miner not work again

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July 07, 2018, 05:02:01 PM
 #124

I got caught up in this news last 6 hours ago, most of us participants are hoping that Bitcoin will someday become a Global Currency, why is that?

Any thoughts or opinions about this?
For this, it is necessary that all would be interested in the introduction of Bitcoin, the global currency should be provided by glabial economies.
I think this will not happen in the near future, now the global currency is $ and this is completely satisfied with the USA, they are doing everything that would be so all the way.
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July 07, 2018, 05:03:50 PM
 #125

perhaps not bitcoin, but any cyrptocurrency will be global.
EdenHazard
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July 07, 2018, 05:29:07 PM
 #126

I got caught up in this news last 6 hours ago, most of us participants are hoping that Bitcoin will someday become a Global Currency, why is that?

Any thoughts or opinions about this?
If you mean bitcoin to be a global currency that can be used by all people in this world and used as a payment system in various aspects, it is impossible to happen with confidence for many reasons. Only people are crazy about bitcoin and have a passion for bitcoin to have a high price that wants it to happen.

But if you mean bitcoin become a global currency only for people who know bitcoin, for instance, I live with you in different country and I will sell the goods to you and we have agreed the payment instrument that we use is bitcoin, indirectly bitcoin has become a global currency. Because we have a different currency, but with bitcoin everyone who uses it is the same.

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Himanshu111
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July 07, 2018, 05:57:48 PM
 #127

I got caught up in this news last 6 hours ago, most of us participants are hoping that Bitcoin will someday become a Global Currency, why is that?

Any thoughts or opinions about this?
If you mean bitcoin to be a global currency that can be used by all people in this world and used as a payment system in various aspects, it is impossible to happen with confidence for many reasons. Only people are crazy about bitcoin and have a passion for bitcoin to have a high price that wants it to happen.

But if you mean bitcoin become a global currency only for people who know bitcoin, for instance, I live with you in different country and I will sell the goods to you and we have agreed the payment instrument that we use is bitcoin, indirectly bitcoin has become a global currency. Because we have a different currency, but with bitcoin everyone who uses it is the same.

Yes because this is impossible.Bitcoin is just a mere cryptocurrency and is also not able to recover from a very long time.Many people still do not know about bitcoin.Moreover it requires internet connection which is not available in every corner of the world.It also requires some knowledge to get operated.It also has a risk of getting hacked.It is very volatile and can also disappear from the market too.It is also banned in some nations too.
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July 07, 2018, 06:51:38 PM
 #128

I think that it will happen in a few decades from now, i am a bitcoin holder and an entusiast but i dont think that we are going to see a huge adoption in a few years (1 - 2) just like many people said before.It is going to take a long time, a lot.

Prince Malik
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July 07, 2018, 07:10:55 PM
 #129

The global currency(bitcoin or any another currency)will not serve the dominant contries so we will not see a global currency(only if the system of the world will changed)

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July 09, 2018, 01:07:06 PM
 #130

Bitcoin is not a comprehensive solution to solve all the problems that people often think of. Instead, you are looking at each ledger, each with different blockchains that will solve different problems.

I agree with you, and one more point about it. People now want to sell money from nothing. They believe that one day if he or she invest into something about $1,000, you can earn $2000 for 2 months. It is something fantastic.
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July 09, 2018, 01:12:06 PM
 #131

I think that it will happen in a few decades from now
We don't have to wait for a decade before seeing bitcoin become a global currency. Actually, it's already one of the best alternative payment system that's being used globally, today.

perhaps not bitcoin, but any cyrptocurrency will be global.
If bitcoin won't be your global currency, what currency are you expecting to become? dollar?

As I've said, bitcoin is a global currency today and it has been massively used with various market places and trades online.


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July 09, 2018, 01:20:58 PM
 #132

I got caught up in this news last 6 hours ago, most of us participants are hoping that Bitcoin will someday become a Global Currency, why is that?
Any thoughts or opinions about this?
It is already a global currency because anyone can freely use it but the real problem is the issue about the legality in countries and this is the reason why bitcoin is being prevented from reaching its mass adoption and be used as a medium of payment or as a currency. But I understand why some countries dont want it as a currency it is because of the volatility of it and it is hard to use a currency that is not stable. And I think it will never be stable because it is being traded and people are just into it because of the profit that they can get from investing in bitcoin.

I do not fully believe the slant news about bitcoin, because some of the outstanding news is made by people who do not like bitcoin and people who are frustrated because prices are falling too long.
bitcoin is a global currency that can be accepted by everyone, only in some bitcoin countries has not been legalized.

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July 09, 2018, 01:29:03 PM
 #133

Btc won't be a global currency as in, not gobally accepted??
Already, Btc is used by citizens across the globe irrespective of the fact that some countries have illegalised its use. This even declares that alreacdy, it is globbally known. I believe with time, Btc will be legally accepted, if not in all countries, ,many will do

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July 09, 2018, 01:47:19 PM
 #134

Few countries don't accept bitcoin as a payment method, so you can say bitcoin is a Global Currency now. See more: https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country_or_territory
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July 09, 2018, 02:17:09 PM
 #135

If the global system changes, bitcoin will become a global currency, given the growing number of people who know and use bitcoin make bitcoin readily acceptable in the community. As the development of the bitcoin era is believed to bring changes in the world for people who can take advantage of it.
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July 09, 2018, 03:23:28 PM
 #136

Bitcoin is adoption is as young as the infancy and still very far from reality to become a Global Standard currency yet for electronic transactions this could be applied as a standard for crypto currency but a conflict against fiat is still debatable to be accepted as a Global Currency but as long as bitcoin still exist then bitcoin has its own world trying to connect other currencies.
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July 11, 2018, 08:29:55 AM
 #137

Bitcoin won't be Global Currency, so many countries are not in support  of bitcoin there it is not a global currency it will take time before it will be
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July 13, 2018, 06:05:12 PM
 #138

I got caught up in this news last 6 hours ago, most of us participants are hoping that Bitcoin will someday become a Global Currency, why is that?

Any thoughts or opinions about this?

the are many reasons why it came became or not become a global currency
will see how it goes

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July 13, 2018, 06:38:22 PM
 #139

Probably because bitcoin is not accepted in all countries makes the factor why bitcoin will not be a global currency. Because it requires all the recognition of the country that exists in the world like the dollar that has become the global currency.
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July 13, 2018, 08:13:11 PM
 #140

I got caught up in this news last 6 hours ago, most of us participants are hoping that Bitcoin will someday become a Global Currency, why is that?

Any thoughts or opinions about this?
Bitcoin won't be a worldwide cash on the grounds that bitcoin is prohibited in a portion of the nations on the planet and that can't be called worldwide money if a portion of the nations are against bitcoin yet it can be changed later on if those nations who restricted bitcoin will see the improvement and the centrality of having bitcoin in their life and furthermore the advantages of its innovation.
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