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Author Topic: Bitcoin is Becoming a Global Currency  (Read 226327 times)
harizen
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September 22, 2016, 05:38:40 PM
 #1341



It has the potential, but will governments and vested interests allow it to do so?
We have already seen many governments banning the use of cryptocurrencies.

They will allow it as long as local bitcoin exchangers stationed in the said country will pay the tax. How is it possible? The local exchange site will have it's own modified exchange rate of btc to usd (but seems close to the current exchange rate).

Local exchange here in our country is just like that. Their bitcoin to usd exchange rate is at least around $5 lower but the services they offered is really a big help for the people here.

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September 22, 2016, 05:56:01 PM
 #1342

It will be global currency but in online in the future., if more adoption will come in bitcoin it can be happen for now we can not say that because we are just few users who uses bitcoins.. and few stores are can accept bitcoin .. so its a long journey to seen that bitcoin will be global currency..

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September 22, 2016, 06:21:40 PM
 #1343

It will be global currency but in online in the future., if more adoption will come in bitcoin it can be happen for now we can not say that because we are just few users who uses bitcoins.. and few stores are can accept bitcoin .. so its a long journey to seen that bitcoin will be global currency..
now everything can be done online and bitcoin appear at the right time but still lacking interest of people as too much bad news about bitcoin from the media.

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September 22, 2016, 10:17:27 PM
 #1344

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.

Bitcoin is not bad and the bitcoin popularity is keeping increasing day by day because people know the power of bitcoin and know where and how to use it, recently we can see in exchanges that there is not only "Usd/Btc" but also in other currencies meaning that bitcoin is being used worldwide.
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September 22, 2016, 10:48:46 PM
 #1345

Bitcoin is born to become a global currency, Internet now known as global village, should have a global currency as well. Bitcoin has the potential to replace the US Dollar on internet, and honestly, it has already started to do that.
Online I think there's more room to grow,however I agree that it's very spread online and maybe prevails the cash,there need to be more retailers accepting BTC really   Wink
agree I think the internet or online is a place for all countries to come together. so I think when bitcoin become more famous and thrive even become mainstream on the internet I'm sure there are many people around the world who use bitcoin. so I think bitcoin was born to become a global currency it was just about time dude
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September 23, 2016, 03:11:03 AM
 #1346

Bitcoin is becoming more  popular everyday. More people are getting  to now what Bitcoin is. I would say that,  as a result of this, Bitcoin is  becoming a global currency.
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September 23, 2016, 06:26:44 AM
 #1347

Bitcoin is becoming more  popular everyday. More people are getting  to now what Bitcoin is. I would say that,  as a result of this, Bitcoin is  becoming a global currency.
Yeah many users of bitcoin now and the popularity is increasing and many big investor are invest in bitcoin so no one can stop that bitcoin become popular in all country and maybe is becoming global currency.
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September 23, 2016, 06:55:54 AM
 #1348

Bitcoin is becoming more  popular everyday. More people are getting  to now what Bitcoin is. I would say that,  as a result of this, Bitcoin is  becoming a global currency.

everyday is always increasing of poeple using bitcoin, I think so bitcoin is becoming a global currency in a few years later.
bitcoin is the best for the payment than paypal, skrill etc.

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September 23, 2016, 09:55:08 AM
 #1349

Well, It can be considered already a global currency, because it was made for everybody to use and can be used anywhere in the world. I think what the currency needs at the time is more adoption to give it some positive traction.
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September 23, 2016, 10:19:24 AM
 #1350

Bitcoin can be a global currency, but the problem is not many people know about bitcoin, especially in my country. Bitcoin is not popular here and to be a global currency, bitcoin must be known by all people.
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September 23, 2016, 10:56:03 AM
 #1351

Bitcoin can be a global currency, but the problem is not many people know about bitcoin, especially in my country. Bitcoin is not popular here and to be a global currency, bitcoin must be known by all people.

You can be a good ambassador of bitcoin in your country if you want it become a global currency, reach out to as many people in your area and help spread the word about bitcoin.
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September 23, 2016, 11:31:50 AM
 #1352

Yes bitcoin became very big globally accepted currency. It will eventually be used even in illegal position in some countries. When it sees socially acceptance from basic users like young adults, it will be even bigger.
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September 23, 2016, 11:35:48 AM
 #1353

Bitcoin can be a global currency, but the problem is not many people know about bitcoin, especially in my country. Bitcoin is not popular here and to be a global currency, bitcoin must be known by all people.
that's usual thing,especially if the country is third tier country that's most of them still in developing,the poverty still everywhere even in the city is less and thus make people still don't know what's bitcoin maybe they even don't know about p2p or anything else,that's what make bitcoin hard to grew up there

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September 23, 2016, 11:44:12 AM
 #1354

It will be global currency but in online in the future., if more adoption will come in bitcoin it can be happen for now we can not say that because we are just few users who uses bitcoins.. and few stores are can accept bitcoin .. so its a long journey to seen that bitcoin will be global currency..
yeah i think bitcoin has a long way to go. although bitcoin adopter still have a little bit but it will always grow viewed bitcoin is kept up-to thrive

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September 23, 2016, 01:29:30 PM
 #1355

Bitcoin can be a global currency, but the problem is not many people know about bitcoin, especially in my country. Bitcoin is not popular here and to be a global currency, bitcoin must be known by all people.

You can be a good ambassador of bitcoin in your country if you want it become a global currency, reach out to as many people in your area and help spread the word about bitcoin.

I would refrain from advertising Bitcoin (i.e. becoming a Bitcoin ambassador of sorts) unless you are very well paid for a job like that. If there were such a job in the first place, of course. How come? Because you would be essentially advising financially lame persons where to put their hard earned money. And if Bitcoin fails in the end, you will be made into a scapegoat after all these folks lose their investments...

In such affairs each should stay exclusively for himself and his money

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September 23, 2016, 01:47:30 PM
 #1356

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.

It can't be used by more people as long as we keep the 1MB blocksize.

We won't get anywhere near global currency levels if nothing is done to fix this.
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September 23, 2016, 01:56:40 PM
 #1357

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.

It can't be used by more people as long as we keep the 1MB blocksize.

We won't get anywhere near global currency levels if nothing is done to fix this.
The definition of global for me is also base on the total users of bitcoin and since we are just small in terms of numbers, I think maybe tomorrow we can become a global currency, too early to tell my friend.

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September 23, 2016, 02:05:35 PM
 #1358

Bitcoin can be a global currency, but the problem is not many people know about bitcoin, especially in my country. Bitcoin is not popular here and to be a global currency, bitcoin must be known by all people.
Yeach exactly more people should be introduced to BTC and then BTC can become global currency,unless that happens BTC can't become a global currency

Newcoins2020
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September 23, 2016, 02:06:06 PM
 #1359

Lest hope that the bitcoin will become a global currency but we cannot really predict this, I really hope it will happen but we still have to see this.
The bitcoin has a good future so maybe its possible but we still have to see this of course.
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September 23, 2016, 09:15:54 PM
 #1360

Bitcoin is becoming more popular everyday. More people are getting to now what Bitcoin is. I would say that, as a result of this, Bitcoin is becoming a global currency.
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