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Author Topic: Bitcoin is Becoming a Global Currency  (Read 226327 times)
thepo1m
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January 28, 2017, 03:14:32 PM
 #1781

Relatively Yes, most countries of the world have some BTC users, but the Global use, BTC is still not there, Bitcoin can't meet the need of some countries presently talkless of the world. We still have a long way to go before it hit that Global use we all dream of it having. If this two things are solved: the scaling and low transaction then it is set
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January 28, 2017, 05:24:33 PM
 #1782

Relatively Yes, most countries of the world have some BTC users, but the Global use, BTC is still not there, Bitcoin can't meet the need of some countries presently talkless of the world. We still have a long way to go before it hit that Global use we all dream of it having. If this two things are solved: the scaling and low transaction then it is set

Yes I agree. Bitcoin used worldwide. But to say that it is used in large quantities yet. Yet few people know about its existence. And even fewer people are spending it
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January 28, 2017, 06:52:06 PM
 #1783

Relatively Yes, most countries of the world have some BTC users, but the Global use, BTC is still not there, Bitcoin can't meet the need of some countries presently talkless of the world. We still have a long way to go before it hit that Global use we all dream of it having. If this two things are solved: the scaling and low transaction then it is set


The way I see it has nothing to do with the fact if bitcoin is global currency or not. As an example if I don't use USD but only local fiat does not mean that USD currency is not global. Besides that, I agree that scaling and transaction fees is pain in the ass for everyday micropayments. On the other side if I live in Australia and I buy my new smartphone from China using bitcoins then does not matter the network confirmation time and the transaction fees.
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January 28, 2017, 11:18:10 PM
 #1784

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.

True, there are some other country, really accepted bitcoin to their place. It sounds good to hear, isn't? so its really good for now to buy and keep our bitcoin for the future. because it will increase sooner or later at the right time.

You could able to exchange the bitcoins to anywhere in the world and use it. But none of the country is accepting bitcoin with the physical store and anywhere. Hopefully US government consulting with the blockchain to acquire. I think I will accept in US soon.
there are so many physical stores in USA and in Brazil. may be more than dozen in Brazil who are accepting bitcoin for shopping, i think very soon bitcoin shops will open in all the big as well as in small cities of the world.
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January 30, 2017, 11:56:19 AM
 #1785

 Bitcoin was great and I hope it is used by many people and many countries I believe it will happen in the future ,but maybe it will happen for a long time. I hope that one day he will become a global currency
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January 30, 2017, 12:04:04 PM
 #1786

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.

True, there are some other country, really accepted bitcoin to their place. It sounds good to hear, isn't? so its really good for now to buy and keep our bitcoin for the future. because it will increase sooner or later at the right time.

You could able to exchange the bitcoins to anywhere in the world and use it. But none of the country is accepting bitcoin with the physical store and anywhere. Hopefully US government consulting with the blockchain to acquire. I think I will accept in US soon.
The first countries which will be consulting with blockchain technology will be China, Russia and Switzerland etc because they are more oriented to the crypto technology and they are in the way to adopt it sooner while US is not that much active to adopt crypto for their state. I do not say that they are against to crypto but they are slow in relative to China and Russia in this field.
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January 30, 2017, 12:24:02 PM
 #1787

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.

True, there are some other country, really accepted bitcoin to their place. It sounds good to hear, isn't? so its really good for now to buy and keep our bitcoin for the future. because it will increase sooner or later at the right time.

You could able to exchange the bitcoins to anywhere in the world and use it. But none of the country is accepting bitcoin with the physical store and anywhere. Hopefully US government consulting with the blockchain to acquire. I think I will accept in US soon.
there are so many physical stores in USA and in Brazil. may be more than dozen in Brazil who are accepting bitcoin for shopping, i think very soon bitcoin shops will open in all the big as well as in small cities of the world.
you are right i heard some of the stores in that country accepts bitcoin as payment when you buy somthing in their store. It is very difficult to adopt bitcoin in small countries if they are not really on technology or they are just new to it. Well sooner or later lot of stores will accepts bitcoins
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January 30, 2017, 05:23:52 PM
Last edit: January 30, 2017, 06:54:10 PM by deisik
 #1788

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.

True, there are some other country, really accepted bitcoin to their place. It sounds good to hear, isn't? so its really good for now to buy and keep our bitcoin for the future. because it will increase sooner or later at the right time.

You could able to exchange the bitcoins to anywhere in the world and use it. But none of the country is accepting bitcoin with the physical store and anywhere. Hopefully US government consulting with the blockchain to acquire. I think I will accept in US soon.
The first countries which will be consulting with blockchain technology will be China, Russia and Switzerland etc because they are more oriented to the crypto technology and they are in the way to adopt it sooner while US is not that much active to adopt crypto for their state. I do not say that they are against to crypto but they are slow in relative to China and Russia in this field.

I don't really know about China

Though they seem to have outright banned banks and other financial institutions to deal with Bitcoin. In Russia, Bitcoin will most likely continue to remain in the gray zone, and I don't think that it will be allowed to be used by banks. The Russian government obviously regards Bitcoin as a sort of financial pyramid, and it doesn't want the population to get involved with it. On the other hand, they are not going to ban it either since that would only instigate interest toward Bitcoin among the wide masses of Russian population



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January 31, 2017, 06:56:45 AM
 #1789

Bitcoin was great and I hope it is used by many people and many countries I believe it will happen in the future ,but maybe it will happen for a long time. I hope that one day he will become a global currency
I hope so, the current fiat money many drawbacks and maybe bitcoin can overcome financial problems for today. I don't care how long it takes place, the most important is the financial system must be replaced immediately. I'm not sure that will be used bitcoin, because currently many weaknesses and shortcomings bitcoin. Adopt a system like bitcoin is very nice, but the planning and control of global financial institution is also needed.
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January 31, 2017, 07:19:35 AM
 #1790

Bitcoin was great and I hope it is used by many people and many countries I believe it will happen in the future ,but maybe it will happen for a long time. I hope that one day he will become a global currency
bitcoin technology is pretty good but would need some improvement. but I'm sure there will be many people who will adopt bitcoin and probably also some countries as well. maybe a few more decades
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January 31, 2017, 07:26:50 AM
 #1791

Bitcoin was great and I hope it is used by many people and many countries I believe it will happen in the future ,but maybe it will happen for a long time. I hope that one day he will become a global currency
bitcoin technology is pretty good but would need some improvement. but I'm sure there will be many people who will adopt bitcoin and probably also some countries as well. maybe a few more decades
What improvement specifically? I think the technology is already perfect, what we only need now is to see a massive adoption, this will not attract millions of investors if this whales are not seeing bitcoin as a perfect technology. It will become and global currency but not as popular as fiat of course.

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January 31, 2017, 07:36:33 AM
 #1792

Bitcoin was great and I hope it is used by many people and many countries I believe it will happen in the future ,but maybe it will happen for a long time. I hope that one day he will become a global currency
I hope so, the current fiat money many drawbacks and maybe bitcoin can overcome financial problems for today. I don't care how long it takes place, the most important is the financial system must be replaced immediately. I'm not sure that will be used bitcoin, because currently many weaknesses and shortcomings bitcoin. Adopt a system like bitcoin is very nice, but the planning and control of global financial institution is also needed.
yes you are right mate. it may take a lot of time for it to become a global currency since a lot are still ignorant about bitcoin. and i do believe that educating a lot of people will take time. thus, doing this it will result to a wider and bigger adoptation of bitcoin. and what good thing about this? if people will recognize bitcoin, it will open for broader opportunities like stores will be accepting this as payment. and its a two way advantage. things will be easy and hassle free. hoping for more adoptation in the near future and more stores and establishments to accept bitcoin.
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January 31, 2017, 09:11:06 AM
 #1793

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.

True, there are some other country, really accepted bitcoin to their place. It sounds good to hear, isn't? so its really good for now to buy and keep our bitcoin for the future. because it will increase sooner or later at the right time.

You could able to exchange the bitcoins to anywhere in the world and use it. But none of the country is accepting bitcoin with the physical store and anywhere. Hopefully US government consulting with the blockchain to acquire. I think I will accept in US soon.
there are so many physical stores in USA and in Brazil. may be more than dozen in Brazil who are accepting bitcoin for shopping, i think very soon bitcoin shops will open in all the big as well as in small cities of the world.
you are right i heard some of the stores in that country accepts bitcoin as payment when you buy somthing in their store. It is very difficult to adopt bitcoin in small countries if they are not really on technology or they are just new to it. Well sooner or later lot of stores will accepts bitcoins
there are lots of stores in these developed countries that are already accepting bitcoin as payment. and i know in the next couple of years, there will be an increase of number because surely many will be interested in bitcoin and stores will try to use it as a payment for the convenience of many. its not only stores that are accepting. i have read a news that there are already hotels in brazil that are already accepting bitcoin because their customers demanded it. it is managed by the Vert Hotéis. the hotels were  Ramada Encore Minascasa, Ramada Encore Virgínia Luxemburgo and eSuites Luxemburgo. These hotels are situated at Belo Horizonte, Brazil.



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January 31, 2017, 11:49:16 AM
 #1794

I really do not know if we can call it a global currency as other countries in the world do not know of its existence but I would prefer calling it a universal currency Smiley
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January 31, 2017, 03:17:34 PM
 #1795

I really do not know if we can call it a global currency as other countries in the world do not know of its existence but I would prefer calling it a universal currency Smiley
I you ca not call it global, because not all countries know it (still wondering how you determine how a country knows Bitcoin?), then we can not call it universal, since not all planets know about Bitcoin.

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January 31, 2017, 04:32:04 PM
 #1796

I hope bitcoin will become a global currency as soon as possible because today is electronic time so everyone want to earn internet based currencies and gain more benifit through these site.

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January 31, 2017, 04:58:53 PM
 #1797

Due to increasing  in technology almost person want to get an alternative path of  earning. So more people join with bitcoin so we can say that bitcoin will become as a global currency.
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February 02, 2017, 06:18:23 AM
 #1798

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.

Yes, it is true Bitcoin is becoming the global currency. Especially, the popular countries such as Australia, Russia, China, UK, Europe, those countries are very opened into bitcoin that's why other merchants there are also accepted the concept of bitcoin to their business.
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February 02, 2017, 06:33:02 AM
 #1799

Bitcoin was great and I hope it is used by many people and many countries I believe it will happen in the future ,but maybe it will happen for a long time. I hope that one day he will become a global currency
bitcoin technology is pretty good but would need some improvement. but I'm sure there will be many people who will adopt bitcoin and probably also some countries as well. maybe a few more decades

Technology is completely different one governments are accepting it, they only problem is that china has large numbers of bitcoin when compared to other countries. Suppose if all countries government make bitcoin as legal than will become the most power full countries in economic aspects. But now bitcoin is already a global currency, but bitcoin will become like a gold.


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February 02, 2017, 06:54:28 AM
 #1800

Bitcoin was great and I hope it is used by many people and many countries I believe it will happen in the future ,but maybe it will happen for a long time. I hope that one day he will become a global currency
bitcoin technology is pretty good but would need some improvement. but I'm sure there will be many people who will adopt bitcoin and probably also some countries as well. maybe a few more decades

Exactly so, the world is still adopting to the use of Bitcoin and even though you admit there are room for improvement I think Bitcoin currently is resilient and has withstood a lot of trials which should have collapsed it by now, so there should be no fears; we all need to give it a try and spread its tentacles.
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