Bitcoin is Becoming a Global Currency

[GMPoison]

I would totally say that bitcoin is becoming a Global Currency if there are lots of places in every country all over the world that are completely adopted and accepting bitcoin . as of now , I am not convinced that it is becoming a Global Currency as I don't feel it yet here in my country . maybe I would proudly say it once there are lots places and people I know that are already using bitcoin .

Get out there and spread the word! We're the only ones that have to make it a global currency. Let your local merchants know that they can accept bitcoin as payment, and tell them of all the benefits of doing so!

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[markyminer]

I believe it absolutely can become a global currency. All we need is more time to make bitcoin more understandable, easier to use, easier to adopt, easier to trust. Who knows how long until that happens, but when it does, it will cause a revolution.

to me i think it already has become a global currency as bitcoin is using already in all over the world, you can see people in this form using bitcoin through out the world. but their number is still very low,hope in future the users of bitcoin will me many more as compare to the present users of bitcoin.

yes that is right to say that bitcoin is already a global currency. and hope that in future it will continue with the same strategy, in fact the users of bitcoin are continuously increasing and hope that very soon a good number of people will be using bitcoin.

[lOvE mE forEvEr]

I still doubt that bitcoin can be a global currency to 20 years into the future, to become a global currency is certainly not easy, through a long steps. Prior to becoming a global currency, the whole area should have a single currency as well like EURO. If everything is stable then can put together all over the world.

[Maslate]

I still doubt that bitcoin can be a global currency to 20 years into the future, to become a global currency is certainly not easy, through a long steps. Prior to becoming a global currency, the whole area should have a single currency as well like EURO. If everything is stable then can put together all over the world.

The definition of a global currency is what we already have witness now, the fact that it has been used from different people around the globe it already considered as one. I believe we cannot compete to fiat as we are just an alternative one in the crypto world and this is just our world as we cannot force people to adopt who still trust the fiat system.

[dearbesz1219]

Yes I also think that bitcoin is becoming a worldwide currency and more people are interested to know about it, how they can treat it.

It is actually happening that Bitcoin is globally used by the different countries nowadays.  And some are owning it as there own property together with the ordinance that they are going to make about in bitcoin. That's is totally a great news if that happens for sure other country will also adopt the system and features of bitcoin.

[Btc_1856]

I believe it absolutely can become a global currency. All we need is more time to make bitcoin more understandable, easier to use, easier to adopt, easier to trust. Who knows how long until that happens, but when it does, it will cause a revolution.

to me i think it already has become a global currency as bitcoin is using already in all over the world, you can see people in this form using bitcoin through out the world. but their number is still very low,hope in future the users of bitcoin will me many more as compare to the present users of bitcoin.

yes that is a fact that bitcoin is already a global currency, because you can  see the users of bitcoin from all over the world, now even the backward countries people are also using bitcoin, and still the users of bitcoins are continuously increasing and hope that very soon all the people of the world will start using bitcoin.

Bitcoin it's self is one big revolution in crypto world really bitcoin has largest user base community where people are keep using it for their daily activities. Many people from different parts of country it indicates bitcoin almost a global currency where people can buy with fiat currency.

[zidanw]

Yes I also think that bitcoin is becoming a worldwide currency and more people are interested to know about it, how they can treat it.

It is actually happening that Bitcoin is globally used by the different countries nowadays.  And some are owning it as there own property together with the ordinance that they are going to make about in bitcoin. That's is totally a great news if that happens for sure other country will also adopt the system and features of bitcoin.

bitcoin is not accepted by some countries as a means of legal payment. if what you say it's happened I think it will reduce the confidence in Fiat in the public eye and I think it would also have a major impact on the country's financial institutions

[SamsungBitcoin]

Bitcoin is now global currency because we can spend it all over the world but not all stores accepting bitcoin yet in their mode of payment but i think in the future bitcoin would be much prefer currency to used in purchasing of our daily needs.

[Senor.Bla]

Bitcoin is now global currency because we can spend it all over the world but not all stores accepting bitcoin yet in their mode of payment but i think in the future bitcoin would be much prefer currency to used in purchasing of our daily needs.

So you can say Bitcoin is global, since it can be used independent of the nation you live in or belong to. But can we say it is a currency? Because i doubt that. To be a currency you need to be able to pay with it and since Bitcoin is not everywhere accepted or at least not widely i would say it is not a currency yet.

[danherbias07]

Arent we taking this too much to another level?
I guess we are still on the building part. Trust and convenience for others, if that could be proved more then it might be more popular now. Besides, that is the real purpose of bitcoin. Taking out the middleman to save money and making the transaction secure.
Why not just focus on that more rather than taking it way up just for selfish reasons because you own 1 bitcoin.

[pitham1]

Arent we taking this too much to another level?
I guess we are still on the building part. Trust and convenience for others, if that could be proved more then it might be more popular now. Besides, that is the real purpose of bitcoin. Taking out the middleman to save money and making the transaction secure.
Why not just focus on that more rather than taking it way up just for selfish reasons because you own 1 bitcoin.

The network effects are still kicking in. Once we reach a threshold, then Bitcoin would become convenient for all and sundry.
Talking up Bitcoin is not a bad thing at all; there are enough people on the other side spreading FUD about Bitcoin.

[sportis]

Bitcoin is now global currency because we can spend it all over the world but not all stores accepting bitcoin yet in their mode of payment but i think in the future bitcoin would be much prefer currency to used in purchasing of our daily needs.

So you can say Bitcoin is global, since it can be used independent of the nation you live in or belong to. But can we say it is a currency? Because i doubt that. To be a currency you need to be able to pay with it and since Bitcoin is not everywhere accepted or at least not widely i would say it is not a currency yet.

I strongly disagree with your view. Bitcoin is a currency, not only because for this aim was created but because is really global without the need to convert it in local fiat currency everywhere someone travels. Besides that,  there are many merchants everywhere in the world where they don't accept the fiat money of a particular country. Under your rationale, that means this particular fiat is not currency? So, if merchants don't accept bitcoin is not it's fault but our fault because we do not demand from merchants to accept it. In addition if bitcoin is not money why there are  debit cards which can be funded with bitcoins and unloaded to fiat?

[Senor.Bla]

Bitcoin is now global currency because we can spend it all over the world but not all stores accepting bitcoin yet in their mode of payment but i think in the future bitcoin would be much prefer currency to used in purchasing of our daily needs.

So you can say Bitcoin is global, since it can be used independent of the nation you live in or belong to. But can we say it is a currency? Because i doubt that. To be a currency you need to be able to pay with it and since Bitcoin is not everywhere accepted or at least not widely i would say it is not a currency yet.

I strongly disagree with your view. Bitcoin is a currency, not only because for this aim was created but because is really global without the need to convert it in local fiat currency everywhere someone travels. Besides that,  there are many merchants everywhere in the world where they don't accept the fiat money of a particular country. Under your rationale, that means this particular fiat is not currency? So, if merchants don't accept bitcoin is not it's fault but our fault because we do not demand from merchants to accept it. In addition if bitcoin is not money why there are  debit cards which can be funded with bitcoins and unloaded to fiat?

T can take my fiat and go to another country and will have no problems. Try this with Bitcoin. All i need to do is go to a Bank or an Exchange and trad my fiat. Try that with Bitcoin. What about a place with no Internet? Good luck with Bitcoin there. Are my frequent flyer miles a currency, because i can buy stuff with them and load it to a card i then can pay with. Are my chuck e cheese tokens a currency?

[Dudeperfect]

Bitcoin is now global currency because we can spend it all over the world but not all stores accepting bitcoin yet in their mode of payment but i think in the future bitcoin would be much prefer currency to used in purchasing of our daily needs.

There are some further aspects of this dream. In some of the countries, the things of daily needs are available to purchase at the price of bitcoin transaction fees so why he would use bitcoin for it? I think the mechanism for micropayments would be much comfortable in such cases that would bring bitcoin adoption on the root level.

[ifightformerkel]

I think in 2020 bitcoin will be a global currency that every will know.

Now its still a big currency, but not global, it is knew by insider who see the potential
and after 10 years everyone will saying, why i dont see this and buy it earlier.

[Vorth]

I think in 2020 bitcoin will be a global currency that every will know.

Now its still a big currency, but not global, it is knew by insider who see the potential
and after 10 years everyone will saying, why i dont see this and buy it earlier.

Looking forward for being a global currency is not that impossible but then the chance of implementing it is the great things to look on because not everyone is capable to buy bitcoin at all.

[Bitcoin0916]

Bitcoin is now global currency because we can spend it all over the world but not all stores accepting bitcoin yet in their mode of payment but i think in the future bitcoin would be much prefer currency to used in purchasing of our daily needs.

To support it needed adequate systems, to be used to buy daily needs, and then transfer bitcoin does not need confirmation of a long and costly. Another important factor is to be transparent, so that pay taxes every transaction.

[stadus]

Bitcoin is now global currency because we can spend it all over the world but not all stores accepting bitcoin yet in their mode of payment but i think in the future bitcoin would be much prefer currency to used in purchasing of our daily needs.

To support it needed adequate systems, to be used to buy daily needs, and then transfer bitcoin does not need confirmation of a long and costly. Another important factor is to be transparent, so that pay taxes every transaction.

I would rather not make it as Global currencies than we will have to pay taxes without assurance if it will be use for the benefit of the people. Bitcoin was created to do away with taxation, and if this will be tax, there would be a double taxation that will happen as when we use fiat to spend in real world, everything has tax.

[MFahad]

Bitcoin is now global currency because we can spend it all over the world but not all stores accepting bitcoin yet in their mode of payment but i think in the future bitcoin would be much prefer currency to used in purchasing of our daily needs.

Every new thing takes time to adjust and make place in our society. Bitcoins has been there for over eight years now and i feel in the next five years we shall see bitcoins everywhere around us. The Dollar and Euro are losing value and Bitcoin will soon be the next global currency around the world.

[markyminer]

Bitcoin is now global currency because we can spend it all over the world but not all stores accepting bitcoin yet in their mode of payment but i think in the future bitcoin would be much prefer currency to used in purchasing of our daily needs.

yes there is no doubt about this that bitcon has now become a global currency, because you can found the users of bitcoin throughout the world. bitcoin users are present everywhere and are using bitcoin. although bitcoin can be use in all over the world through online but bit is yet accepted in some physical stores and the reason is that in most of the area people still do not know about bitcoin. how that in future the number of shops who will accept bitcoin will increase and then we will be able to use bitcoin even in our local shops.