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Author Topic: Bitcoin is Becoming a Global Currency  (Read 226327 times)
danherbias07
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November 28, 2016, 05:50:39 AM
 #1561

hope it's come true over the world..
Still many days to count on.

It will come true only by contributing in building awareness about bitcoin and cryptocurrency technology. We as an individual user should create awareness among our friends and family, we should inculcate the payment technology of future in our kids so they will find it easier to deal with it. If we want bitcoin to come up as a global currency then we must build a global user base and for that, we can take responsibility of our own town to make more and more people aware of this technology.
It's been already, we can transact online from people in different nation. I guess that simple act, we can call bitcoin as a global currency already.

Yes but the problem is the amouny of people who just know it. Example is if I want to send money in my relative in Italy but she doesnt know what bitcoin is so it wont help much. The main priority should on how to push it more to make other people see that bitcoin could help with their transactions.

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November 28, 2016, 07:06:20 AM
 #1562

hope it's come true over the world..
Still many days to count on.

It will come true only by contributing in building awareness about bitcoin and cryptocurrency technology. We as an individual user should create awareness among our friends and family, we should inculcate the payment technology of future in our kids so they will find it easier to deal with it. If we want bitcoin to come up as a global currency then we must build a global user base and for that, we can take responsibility of our own town to make more and more people aware of this technology.
It's been already, we can transact online from people in different nation. I guess that simple act, we can call bitcoin as a global currency already.

Yes but the problem is the amouny of people who just know it. Example is if I want to send money in my relative in Italy but she doesnt know what bitcoin is so it wont help much. The main priority should on how to push it more to make other people see that bitcoin could help with their transactions.

Indeed mate. You still have to convert it into fiat first before sending it to someone. So that's why it's really important to introduce the world about bitcoin and that should start from us.. we have to influence others so that it will bring up the numbers of bitcoin users.

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November 28, 2016, 07:11:13 AM
 #1563

iam agree you write
bitcoin can a global curency, but only digital curency not real curency
and bitcoin the first leading digital curency in the world, above in paypal user
yeah maybe for online currency bitcoin currency will dominate international online in the future, everyone will use bitcoin, but it could not compete fiat, bitcoin will remain an option for fiat
that's true as long fiat had its way to pay stuff on internet such as credit card or paypal then bitcoin will always be an alternate. as you know people around the world no matter the condition and where they're living will be always seeking the most simple and easiest way to done something
there's no strong reason for them to really use bitcoin for anything

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November 29, 2016, 09:48:28 PM
 #1564

hope it's come true over the world..
Still many days to count on.

It will come true only by contributing in building awareness about bitcoin and cryptocurrency technology. We as an individual user should create awareness among our friends and family, we should inculcate the payment technology of future in our kids so they will find it easier to deal with it. If we want bitcoin to come up as a global currency then we must build a global user base and for that, we can take responsibility of our own town to make more and more people aware of this technology.
That sound good but it is easier said than done since you will need to convince people to use bitcoin, the easiest way is for people to convince themselves that bitcoin is the right choice for them, that would take longer but the gains will be more representative of the actual growth of bitcoin.

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November 29, 2016, 09:53:13 PM
 #1565

hope it's come true over the world..
Still many days to count on.

It will come true only by contributing in building awareness about bitcoin and cryptocurrency technology. We as an individual user should create awareness among our friends and family, we should inculcate the payment technology of future in our kids so they will find it easier to deal with it. If we want bitcoin to come up as a global currency then we must build a global user base and for that, we can take responsibility of our own town to make more and more people aware of this technology.
That sound good but it is easier said than done since you will need to convince people to use bitcoin, the easiest way is for people to convince themselves that bitcoin is the right choice for them, that would take longer but the gains will be more representative of the actual growth of bitcoin.
We all believe its good idea but its very easy to say but very difficult to do because its need too much time and desire for this but most of peoples have no time for this so better done with media and some other ways much easier and good but its also need good amount of money
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November 29, 2016, 09:56:17 PM
 #1566

India is gravitating towards being a cashless society, I can see Bitcoin would gain a lot of traction in india during that time.

I suppose only one way to find out, shouldn't be too long now if they follow up with what their government said.

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November 29, 2016, 10:50:05 PM
 #1567

India is gravitating towards being a cashless society, I can see Bitcoin would gain a lot of traction in india during that time.

I suppose only one way to find out, shouldn't be too long now if they follow up with what their government said.

Bitcoin is probably going to be a problem if it's been a lot of bitcoin switch using bitcoin, due from the Government of india that may be less appropriate in the conduct of policy or decision. And there is the possibility of the Government even if it did block or prohibit bitcoin as payment or perhaps vice versa. It all could only happen if there are groups who want to fight in the growth of the bitcoin and may now have been many Indians use the bitcoin for every thing
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November 29, 2016, 11:38:09 PM
 #1568

hope it's come true over the world..
Still many days to count on.

It will come true only by contributing in building awareness about bitcoin and cryptocurrency technology. We as an individual user should create awareness among our friends and family, we should inculcate the payment technology of future in our kids so they will find it easier to deal with it. If we want bitcoin to come up as a global currency then we must build a global user base and for that, we can take responsibility of our own town to make more and more people aware of this technology.
That sound good but it is easier said than done since you will need to convince people to use bitcoin, the easiest way is for people to convince themselves that bitcoin is the right choice for them, that would take longer but the gains will be more representative of the actual growth of bitcoin.
We all believe its good idea but its very easy to say but very difficult to do because its need too much time and desire for this but most of peoples have no time for this so better done with media and some other ways much easier and good but its also need good amount of money
once digital era come and applied evenly around the world
i guess bitcoin will be more than accepted in public community
fiat gonna be outdated and digital currency used everywhere
we are on the right way currently building bitcoin ecosystems.
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November 29, 2016, 11:52:08 PM
 #1569

For now and about 10 years I still doubt that bitcoin becoming a global currency. Need rules and regulations to make it, a main point is accept by countries. Until now bitcoin not yet approved by the government. And also technology in third countries is not support.
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November 30, 2016, 12:04:06 AM
 #1570

I fully agree with you about this concept. it will be very trong crypto-symbol in the future
I always store 70% money of BTC as like as saving money
Wow, too aggressive but it's great if you can afford what you have invested. We have our own decision on how much we are willing to invest because we are the only one who can see the value of bitcoin and it's possibility to be more successful in the future.
I think people are always greedy habits of course for those getting a big profit that they allocate substantial funds for investment, I bet they will not be able to afford when they lose, because it will make them bankrupt
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November 30, 2016, 06:06:19 AM
 #1571

India is gravitating towards being a cashless society, I can see Bitcoin would gain a lot of traction in india during that time.

I suppose only one way to find out, shouldn't be too long now if they follow up with what their government said.

Yeah, exactly, because recently, India government has banned their 500 and 5000 notes that's why people suddenly turn the bitcoin, and using it in transactions. May be it is a reason.
But about the thread, i think that bitcoin is a global currency, because it is used in all over the world and people use it in different ways of saving, trading and gambling and also different transactions.

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November 30, 2016, 07:46:03 AM
 #1572

The more advanced civilization certainly increasingly converge all forms of payment including the currency. I believe, after the unification of European currencies, it will be overtaken by other regions and would eventually be a single currency. And bitcoin had the opportunity to become a global currency.
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November 30, 2016, 07:51:30 AM
 #1573

India is gravitating towards being a cashless society, I can see Bitcoin would gain a lot of traction in india during that time.

I suppose only one way to find out, shouldn't be too long now if they follow up with what their government said.

Yeah, exactly, because recently, India government has banned their 500 and 5000 notes that's why people suddenly turn the bitcoin, and using it in transactions. May be it is a reason.
But about the thread, i think that bitcoin is a global currency, because it is used in all over the world and people use it in different ways of saving, trading and gambling and also different transactions.
We have the same understanding on the current status of bitcoin, it's definitely a global currency which made us connect from different places of the world. Here, we have complete freedom on what we want to do with our bitcoins, we can use it as our capital to grow our finances and at the same time we can enjoy here through gambling with our bitcoins.

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November 30, 2016, 08:54:27 AM
 #1574

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.

For now China lead bitcoin in exchange rate and miners even transaction. We figure it out that there are some currency ahead USD if looking for higher price, so it's an advantage if you live on those countries and haven't tight regulations about bitcoin exchanges, moreover if there are many merchants which accepted bitcoin payment.
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November 30, 2016, 04:59:28 PM
 #1575

hope it's come true over the world..
Still many days to count on.

It will come true only by contributing in building awareness about bitcoin and cryptocurrency technology. We as an individual user should create awareness among our friends and family, we should inculcate the payment technology of future in our kids so they will find it easier to deal with it. If we want bitcoin to come up as a global currency then we must build a global user base and for that, we can take responsibility of our own town to make more and more people aware of this technology.
That sound good but it is easier said than done since you will need to convince people to use bitcoin, the easiest way is for people to convince themselves that bitcoin is the right choice for them, that would take longer but the gains will be more representative of the actual growth of bitcoin.
We all believe its good idea but its very easy to say but very difficult to do because its need too much time and desire for this but most of peoples have no time for this so better done with media and some other ways much easier and good but its also need good amount of money
once digital era come and applied evenly around the world
i guess bitcoin will be more than accepted in public community
fiat gonna be outdated and digital currency used everywhere
we are on the right way currently building bitcoin ecosystems.
We cannot hope to get an even growth of bitcoin around the world, it is very obvious to me the richest and most advanced countries of the world are going to adopt bitcoin faster and the poor countries will adopt it a lot more slowly.

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November 30, 2016, 07:18:10 PM
 #1576

hope it's come true over the world..
Still many days to count on.

It will come true only by contributing in building awareness about bitcoin and cryptocurrency technology. We as an individual user should create awareness among our friends and family, we should inculcate the payment technology of future in our kids so they will find it easier to deal with it. If we want bitcoin to come up as a global currency then we must build a global user base and for that, we can take responsibility of our own town to make more and more people aware of this technology.
That sound good but it is easier said than done since you will need to convince people to use bitcoin, the easiest way is for people to convince themselves that bitcoin is the right choice for them, that would take longer but the gains will be more representative of the actual growth of bitcoin.
We all believe its good idea but its very easy to say but very difficult to do because its need too much time and desire for this but most of peoples have no time for this so better done with media and some other ways much easier and good but its also need good amount of money
once digital era come and applied evenly around the world
i guess bitcoin will be more than accepted in public community
fiat gonna be outdated and digital currency used everywhere
we are on the right way currently building bitcoin ecosystems.
We cannot hope to get an even growth of bitcoin around the world, it is very obvious to me the richest and most advanced countries of the world are going to adopt bitcoin faster and the poor countries will adopt it a lot more slowly.
I hope that your words come true but i didnt think that government of any county will accept bitcoin as their one the major payment option.bitcoin comes with risk and i think they will not gamble their economy with it.yes,bitcoin as a payment option will soon popular across globe but not in government level.
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November 30, 2016, 08:51:20 PM
 #1577

India is gravitating towards being a cashless society, I can see Bitcoin would gain a lot of traction in india during that time.

I suppose only one way to find out, shouldn't be too long now if they follow up with what their government said.

Yeah, exactly, because recently, India government has banned their 500 and 5000 notes that's why people suddenly turn the bitcoin, and using it in transactions. May be it is a reason.
But about the thread, i think that bitcoin is a global currency, because it is used in all over the world and people use it in different ways of saving, trading and gambling and also different transactions.
We have the same understanding on the current status of bitcoin, it's definitely a global currency which made us connect from different places of the world. Here, we have complete freedom on what we want to do with our bitcoins, we can use it as our capital to grow our finances and at the same time we can enjoy here through gambling with our bitcoins.

I heard that india case, also see pretty much india bitcoin user and even developer who want to build a bitcoin business to build their financial better, they actually deligent people who want to learn, i appreciate it.

Well bitcoin will not touch at government level, yes it could be have a chance to become global, more people will know what bitcoin is, but in this case they will use it as alternative currency which will not replace fiat. any bitcoin features is against government terms, so why this will not replace fiat.

And sadly you just using bitcoin for gambling, yes it have an ability hard to tracking when using your credit card, people around you will must be know your activity, but don't be addicted to gambling.
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November 30, 2016, 09:41:34 PM
 #1578

India is gravitating towards being a cashless society, I can see Bitcoin would gain a lot of traction in india during that time.

I suppose only one way to find out, shouldn't be too long now if they follow up with what their government said.

Yeah, exactly, because recently, India government has banned their 500 and 5000 notes that's why people suddenly turn the bitcoin, and using it in transactions. May be it is a reason.
But about the thread, i think that bitcoin is a global currency, because it is used in all over the world and people use it in different ways of saving, trading and gambling and also different transactions.

It is also a way for people to hedge their local currency incase of value drop, the india's 500/5000 notes ban is a huge deal and could negatively affect their local currency value, capital flight may as well trigger a adoption boom, at least in india soon.

Bitcoin has the power to be used to pay for anything money can pay for, assuming both parties are willing to proceed withi t.

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November 30, 2016, 11:22:51 PM
 #1579

The more advanced civilization certainly increasingly converge all forms of payment including the currency. I believe, after the unification of European currencies, it will be overtaken by other regions and would eventually be a single currency. And bitcoin had the opportunity to become a global currency.
You know time is running and the public will be more advanced and of course people will use age appropriate technology as well as the currency, I'm sure they will start using bitcoin in the future

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December 01, 2016, 02:56:45 AM
 #1580

The more advanced civilization certainly increasingly converge all forms of payment including the currency. I believe, after the unification of European currencies, it will be overtaken by other regions and would eventually be a single currency. And bitcoin had the opportunity to become a global currency.
You know time is running and the public will be more advanced and of course people will use age appropriate technology as well as the currency, I'm sure they will start using bitcoin in the future
It could happen but not all has the capacity to understand how to use bitcoin, it's pretty complicated for simple user who are not actively transacting online. It will become a global currency but never expect that majority of the worlds population will adopt. It will be only be dominant online, but will not affect the physical world offline transaction.

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