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Author Topic: The only way to connect the whole world is by bitcoin.  (Read 286 times)
hardip567 (OP)
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August 06, 2018, 02:35:07 PM
 #1

I think To the countries of the whole world Accept the bitcoin What will happen with bitcoin will make the currency world interconnected What can you think
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August 06, 2018, 04:25:55 PM
 #2

I think To the countries of the whole world Accept the bitcoin What will happen with bitcoin will make the currency world interconnected What can you think

Well, I think in the first place that you need to move this thread to the Bitcoin discussion general board, for I can`t see any relation with the legal stuff.
Besides, if you explain your idea further, why do you think so, what are your intellectual bases to conclude this, et al, maybe you will have some more succulents quotes, instead of beginning an unnecessary and potential useless megathread (we have enough of that).
So, why don`t you try harder?
It is evident: if (and that is a big IF) all the countries in the world accepted Bitcoin, the all would be interconnected by this, but in what sense? Meaning: do you believe that they will be then using all the same currency? Or that they would be connected politically speaking?
Do, you, on the contrary, believe, that, once "interconnected" they will have all the same use of Bitcoin as a global currency?

Can you just explain a little further your idea?

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August 08, 2018, 09:09:48 AM
 #3

Like the above person said, this thread should be moved to "Bitcoin discussion" because it is not related to legals matters. However, the statement you have made is very generic and doesn't talk about the whole idea. What you have stated is to have a "one world one currency" type ideology which can be achieved through cryptos. Haven't we already achieved it?

Till the time the crypto market is unregulated, it is achievable. But the moment the market comes under the purview of individual governments, forget about that! Governments and politics won't let it happen till their last breath. However, through the unregulated market, we are already sending out transactions worldwide and without any middleman. The moment governments try to regulate cryptos, we will loose this essential feature as they will try to regulate cryptos using their old fiat regulation method. They will impose taxes to kill the system and force the users to comply with KYC norms. SO essentially we will loose the main features of using cryptos over fiat. Regulation means death of cryptos, The more regulated we become, the dream of "one world one currency" will be far fetched! 

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August 08, 2018, 02:53:08 PM
 #4

I think To the countries of the whole world Accept the bitcoin What will happen with bitcoin will make the currency world interconnected What can you think
We are already connected via internet and Bitcoin itself is just another medium to connect people around the globe. Telephones, mobile phones, satellite, TV they were the first one that you can count on to connect people across to your country.

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August 08, 2018, 03:21:48 PM
 #5

If people want to purchase good around the world , the mobility of transaction greatly increase but the problem is the cryptocurrency themself.

Remember that cryptocurrency still have bad side for example anonymous that become advantage for criminal so some government will not approve or legalize the cryptocurrency

Smiley
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August 08, 2018, 06:29:53 PM
 #6

Maybe it is not the only way but it could be one of them, for me crypto could just make the whole world closer to each other the same like if the any currencie could take a lead in the world but with this technology and development crypto could do this better.

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August 09, 2018, 07:31:27 AM
 #7

Yep, regulation can take or even more changing cryptocurrency from the basic concept of decentralization. Every country that provides cryptocurrency turn a fingers in its territory will make them freely determine policies that violate the decentralization rules so far. It could be that P2P which we have been glorifying in the transaction system will just disappear. There will be many parties who manage cryptocurrency freely. But on the other hand if this happens is, the security, comfortable and trust felt by users will increase and make them obey the regulations made despite violating the rules that have been there so far in cryptocurrency.
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August 09, 2018, 12:55:56 PM
 #8

While this topic is controversial, believing that bitcoin is to be connected by the whole world sounds very tough. It still is not even recognized worldwide and you believe it will get connected? But even if it does, the price will go up very high and I believe we will see a stable one, not to mention that before getting connected, people all over the world will know about it, and the old holders will have a huge profit. But that will likely to be close from happening.
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August 09, 2018, 05:57:09 PM
 #9

I think To the countries of the whole world Accept the bitcoin What will happen with bitcoin will make the currency world interconnected What can you think
Bitcoin is not yet legal in most of the other countries, so i think this is not possible yet but through the help of the government and their new regulations applied. I think this is fair and might go well in the future if without any complication.
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August 09, 2018, 06:14:23 PM
 #10

What you mean to say through bitcoin it can make every country connected?

Connected through different trades, deals, interactions, transactions and other ways to improve the country to country relations?

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August 09, 2018, 06:24:44 PM
 #11

What you mean to say through bitcoin it can make every country connected?

Connected through different trades, deals, interactions, transactions and other ways to improve the country to country relations?
Probably that is impossible to happen because cryptocurrency in some countries are prohibited due to unlegalized crypto they did not adopt bitcoin. That's the reason why still there are some countries refusing bitcoin because they know it may use and may take the advantage of being anonymous and commit illegal activities.

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August 09, 2018, 07:51:56 PM
 #12

However, through the unregulated market, we are already sending out transactions worldwide and without any middleman.There will be many parties who manage cryptocurrency freely.
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August 10, 2018, 01:55:45 AM
 #13

I think To the countries of the whole world Accept the bitcoin What will happen with bitcoin will make the currency world interconnected What can you think


the possibility of that direction seems very reasonable, but is it possible for third world countries whose financial systems are still not well integrated, for example poor countries with digital currency needs are still very few and still need conventional exchange tools, because there are still many traditional markets that only accept direct exchange without any digital technology in it, and there are still very many countries with such conditions, so it still seems to take a long time, but for developing countries it is very likely to be realized because the market system is already online, buying and selling already between countries, so they need a fast exchange tool and do not require complicated regulations, so in my opinion bitcoin may be a medium of exchange throughout the next ten years but only for countries whose financial systems have advanced.
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August 10, 2018, 03:21:14 AM
 #14

If people want to purchase good around the world , the mobility of transaction greatly increase but the problem is the cryptocurrency themself.

Remember that cryptocurrency still have bad side for example anonymous that become advantage for criminal so some government will not approve or legalize the cryptocurrency
I think this is why KYC is being implemented and the government makes a strong regulations about this thing. This market is actually not anonymous anymore because of the KYC in some exchanges.

Cryptocurrency really makes our transaction faster and conveniently but I think this is all about the “Internet”, this thing really connects people around the world and the good product of that is cryptocurrency.

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August 10, 2018, 06:40:04 AM
 #15

Maybe I will have a different view but not totally outside what everyone is saying about the unification of the world by bitcoin. My point therefore is that, it is not only bitcoin that has tried to play this role, the internet , the computer and technology in general has been doing this.

I also think that in terms of financial transactions and payment, the electronic system and credit card have been doing this. Bitcoin to me won't go beyond what this other items have done and yet, the world is not speaking one language  Roll Eyes
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August 10, 2018, 11:27:39 AM
 #16

What you mean to say through bitcoin it can make every country connected?

Connected through different trades, deals, interactions, transactions and other ways to improve the country to country relations?
Probably that is impossible to happen because cryptocurrency in some countries are prohibited due to unlegalized crypto they did not adopt bitcoin. That's the reason why still there are some countries refusing bitcoin because they know it may use and may take the advantage of being anonymous and commit illegal activities.
Its impossible for now but many things can happen with advantages through agreements.

And once the whole world agrees to finally have one medium of payment through cryptocurrency, bitcoin will be the most preferred. We're all waiting for that day but that's my opinion.

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August 10, 2018, 12:06:11 PM
 #17

I wouldn't say that bitcoin connected the world. It was already connected by internet and Bitcoin just makes it more easy to transfer value between different parties.
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August 10, 2018, 02:08:02 PM
 #18

What can you think

By reading your post, I can only think that you have just started a totally off-topic Mega Spam Thread.  Roll Eyes You can move it to the right section which is Bitcoin Discussion to make it on-topic, but for a matter of fact, it will still remain a Mega Spam Thread.

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October 11, 2018, 02:55:35 PM
 #19

Well, I think people are already connected easily today, you know there's phone, social media, internet, and those can connect us with ease and fast. So, I guess bitcoin is not the only way to do so. Perhaps That's not what you mean, I get it. Maybe when you say connect the whole world means people everywhere use bitcoin as their currency, right? Ya, it's our dream actually. Let's hope for it to be real.
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October 11, 2018, 10:03:30 PM
 #20

using bitcoin like FIAT money is very promising in the future in the global economy. For example, we can buy something between countries, online using bitcoin without exchanging our money into the country's currency, if many countries accept it, we will not have difficulty using it as a link between buying or selling and imports or exsport between countries

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