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Author Topic: Bitcoin is Becoming a Global Currency  (Read 226328 times)
lionheart78
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September 11, 2016, 05:50:56 AM
 #1241

I believe it is only a matter of time. I  don't know exactly how much time . But  what I see happening is really exciting. Bitcoin  is the new money . It is just that the majority  of people don't know it yet.
it is not new but it is majorly know by digital/technology users.it also dependent on places to places.bitcoin has greatly moved up since 2013,till 2014 it's price was not that high but its flexible and fast transaction made it very popular.

Bitcoin in comparison with the fiat money is still young if not new, I also believe that it is actually a global currency because it was been used by lots of citizen in different country.  There are also lots of traders and merchants that accept bitcoin in different country.  There is also exchangers that accept bitcoin to exchange in their fiat.

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September 11, 2016, 06:02:34 AM
 #1242

I believe it is only a matter of time. I  don't know exactly how much time . But  what I see happening is really exciting. Bitcoin  is the new money . It is just that the majority  of people don't know it yet.
it is not new but it is majorly know by digital/technology users.it also dependent on places to places.bitcoin has greatly moved up since 2013,till 2014 it's price was not that high but its flexible and fast transaction made it very popular.

Bitcoin in comparison with the fiat money is still young if not new, I also believe that it is actually a global currency because it was been used by lots of citizen in different country.  There are also lots of traders and merchants that accept bitcoin in different country.  There is also exchangers that accept bitcoin to exchange in their fiat.

Bitcoin is still far from global currency, and i think the people that know about bitcoin is not much. For being a global currency, all people need know about bitcoin and how it works.
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September 11, 2016, 07:07:31 PM
 #1243

I believe it is only a matter of time. I  don't know exactly how much time . But  what I see happening is really exciting. Bitcoin  is the new money . It is just that the majority  of people don't know it yet.

So how you will solve blocksize limit with current miners morons ?
Some issues have to be resowed before going to be the best with 1mb limi we can suck balls.

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September 11, 2016, 08:48:40 PM
 #1244

Bitcoin is emerging as a global  currency, due to its increased acceptance  and growth experienced in a very short  term.Also the ways to spend  bitcoin is increasing continuously.
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September 11, 2016, 11:03:20 PM
 #1245

I believe it is only a matter of time. I  don't know exactly how much time . But  what I see happening is really exciting. Bitcoin  is the new money . It is just that the majority  of people don't know it yet.

yes it is a new currency but is more attractive currency that means it has much more features for its users than any other currency for the people so whenever someone will know about this currency they will not reject to use it but will love to adopt that for their usage and that will bring the chance that bitcoin will become a more worldwide and global currency.
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September 11, 2016, 11:58:59 PM
 #1246

I believe it is only a matter of time. I  don't know exactly how much time . But  what I see happening is really exciting. Bitcoin  is the new money . It is just that the majority  of people don't know it yet.
it is not new but it is majorly know by digital/technology users.it also dependent on places to places.bitcoin has greatly moved up since 2013,till 2014 it's price was not that high but its flexible and fast transaction made it very popular.

Bitcoin in comparison with the fiat money is still young if not new, I also believe that it is actually a global currency because it was been used by lots of citizen in different country.  There are also lots of traders and merchants that accept bitcoin in different country.  There is also exchangers that accept bitcoin to exchange in their fiat.

Bitcoin is still far from global currency, and i think the people that know about bitcoin is not much. For being a global currency, all people need know about bitcoin and how it works.
not all people,as long in some country bitcoin is used about 50% of the citizens even as 2nd option of currency it's fine,make all people knowing bitcoin is nearly impossible even USD that was born from an age ago didn't even recognised by every people in this world

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September 12, 2016, 12:28:01 AM
 #1247

I think bitcoin will not become a global currency and even more, any currency will not become global. Many peoples who don't like bitcoin or dollar or euro, etc.

I don't like the euro, but as an european citizen i have little choice but to use it directly or indirectly.

And although bitcoin will never be enforced by law, the fact that bitcoin has so many advantages will make bitcoin run in the background of many apps at least. Basically 'forcing' people to use bitcoin (even if they don't know it). Most of the time this will be indirect use of bitcoin (if people don't want to use it). But people who use bitcoin directly, without any 3rd parties will be better off. Which is why most people will likely choose to use bitcoin directly.

Choice is an illusion. Yeah we have free will, but the current society does everything it can to limit your viable options as much as possible, because it's easier to control masses of people if you limit their choices. And it's easier to profit from economy of scale if the choices are limited.
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September 12, 2016, 01:12:17 AM
 #1248

I believe it is only a matter of time. I  don't know exactly how much time . But  what I see happening is really exciting. Bitcoin  is the new money . It is just that the majority  of people don't know it yet.
I think the popularity of bitcoin need more to be able to grow and get a lot of users. This is not just about time. but more than that? bitcoin is not so sophisticated dude ?

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September 12, 2016, 02:47:21 AM
 #1249

I believe it is only a matter of time. I  don't know exactly how much time . But  what I see happening is really exciting. Bitcoin  is the new money . It is just that the majority  of people don't know it yet.
I think the popularity of bitcoin need more to be able to grow and get a lot of users. This is not just about time. but more than that? bitcoin is not so sophisticated dude ?
Maybe we are still in the young stage to day but in the future surely bitcoin will soar, it will be more popular and more people will be using it therefore we need to trust now and invest all we can.

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September 12, 2016, 04:07:31 PM
 #1250

I do not think it's already a global currency, still needs to be used by more people to be considered like that. But I'm sure that the future may bring great possibilities.
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September 12, 2016, 04:19:36 PM
 #1251

I do not think it's already a global currency, still needs to be used by more people to be considered like that. But I'm sure that the future may bring great possibilities.

Well that depends on the definition I would say.
Right now you already can use and have free access to Bitcoin worldwide! Therefore you could say it's already global.
However if we are speaking about the number of users this is compared to actual global population extremely low.
That's why I would see this more a thing of being mainstream or not. And we are definitely still far away from mainstream usage.
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September 12, 2016, 04:50:18 PM
 #1252

I believe it is only a matter of time. I  don't know exactly how much time . But  what I see happening is really exciting. Bitcoin  is the new money . It is just that the majority  of people don't know it yet.

Yeah that's right, it really makes us (bitcoin users) excited when we see new projects and things going to be introduced soon that can bring positive changes in bitcoin so it would probably get more popular after that.
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September 12, 2016, 06:36:07 PM
 #1253

I believe it is only a matter of time. I  don't know exactly how much time . But  what I see happening is really exciting. Bitcoin  is the new money . It is just that the majority  of people don't know it yet.
I think the popularity of bitcoin need more to be able to grow and get a lot of users. This is not just about time. but more than that? bitcoin is not so sophisticated dude ?

It's not the popularity but with people's interest, comfortability and ability to use it in their places

Bitcoin is already popular at least in my own view but if people are not interested then there's no sense for this coin even it is popular.

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September 12, 2016, 06:46:09 PM
 #1254

I believe it is only a matter of time. I  don't know exactly how much time . But  what I see happening is really exciting. Bitcoin  is the new money . It is just that the majority  of people don't know it yet.
I think the popularity of bitcoin need more to be able to grow and get a lot of users. This is not just about time. but more than that? bitcoin is not so sophisticated dude ?

It's not the popularity but with people's interest, comfortability and ability to use it in their places

Bitcoin is already popular at least in my own view but if people are not interested then there's no sense for this coin even it is popular.
Honestly we can not blame people if they dont want to use bitcoin or if they are not interested but i know if we can give them an easy task to them them that they can earn money.. i think it can be attracted to them.

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September 12, 2016, 09:04:56 PM
 #1255

I do not think it's already a global currency, still needs to be used by more people to be considered like that. But I'm sure that the future may bring great possibilities.

You are right currently it is not a global currency right now but it has a full potential that it become a global currency in the coming future and it will not take much time but it will be the global currency very soon, as people like this currency to be.
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September 12, 2016, 09:37:46 PM
 #1256

I do not think it's already a global currency, still needs to be used by more people to be considered like that. But I'm sure that the future may bring great possibilities.

You are right currently it is not a global currency right now but it has a full potential that it become a global currency in the coming future and it will not take much time but it will be the global currency very soon, as people like this currency to be.

Why don't you think that bitcoin isn't a global currency?
Well, people are buying and selling bitcoin with USD or any other currency but despite this fact, in virtual world people are using virtual cryptocurrency - Bitcoin. It's first and most trusted currency so I think it's global virtual currency because people are using it from all over the world and as far as I know no country has it's own virtual currency.

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September 12, 2016, 09:51:33 PM
 #1257

I do not think it's already a global currency, still needs to be used by more people to be considered like that. But I'm sure that the future may bring great possibilities.

You are right currently it is not a global currency right now but it has a full potential that it become a global currency in the coming future and it will not take much time but it will be the global currency very soon, as people like this currency to be.

Why don't you think that bitcoin isn't a global currency?
Well, people are buying and selling bitcoin with USD or any other currency but despite this fact, in virtual world people are using virtual cryptocurrency - Bitcoin. It's first and most trusted currency so I think it's global virtual currency because people are using it from all over the world and as far as I know no country has it's own virtual currency.

I think we call global currency to that currency which is used worldwide as a single currency for all of the governmental and non governmental uses by people for their businesses, financial matters and other transactions like dollar.
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September 12, 2016, 10:19:43 PM
 #1258

Quote
bitcoin run in the background of many apps at least. Basically 'forcing' people to use bitcoin (even if they don't know it). Most of the time this will be indirect use of bitcoin (if people don't want to use it). But people who use bitcoin directly, without any 3rd parties will be better off. Which is why most people will likely choose to use bitcoin directly.

Choice is an illusion.

I dont see Bitcoin as being the string that laces up the boots of the world Tongue    Im really not seeing that tightening effect to bring various separate industries together into some kind of great efficiency.   I really wish this was the case, somehow bitcoin was like a superhero capitalism saviour of the world, bringing righteous balance and equality for all in any value transactions required.   
I mean in theory its not politically biased, its not being debased every day to feed the open hole in the sinking ship that is deficit budget vote buying in major western economies.   It should appear better then it does, I mean theres new coins being given to miners but surely their setup of infrastructure and secure confirmation is a far more practical product worth paying for then trumps or clinton next awesome idea for spending money.   Maybe it'll happen in time, the digital world is not tending into towards bitcoin afaik

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Wapinter
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September 12, 2016, 10:37:36 PM
 #1259

For the first time, when I look at the offers on LocalBitcoins.com, there are a half-dozen currencies ahead of the US dollar, offering a higher price for Bitcoin than US dollar users.

Euros, South African Rands, New Zealand Dollars, Hong Kong Dollars, Polish Zloty, Malaysian Ringgits.

It is no longer just the US, EU or even China driving adoption.  There is a market for Bitcoins in major countries all over the world.
2 and a half year later today bitcoin still enjoy better rates in these currencies

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September 12, 2016, 10:43:13 PM
 #1260

I am very confident in the future that bitcoin could become a global currency, bitcoin will be recognized by many countries and received assurances from credible financial institution. I believe the strength of bitcoin could do it.
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