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Author Topic: Bitcoin is Becoming a Global Currency  (Read 226327 times)
doaremon
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February 02, 2017, 06:55:32 AM
Last edit: February 02, 2017, 03:19:11 PM by doaremon
 #1801

Sooner or later bitcoin is going to be global currency as we can many sites and even stores accepting bitcoins.But there are some issues need to be fixed to make it more acceptable to people in general such as more secured transaction etc.The main goal should be gaining trust and more publicity.If this can be done, bitcoin is definitely gonna make some revolutionary change.Now all we can do now is to wait and hope for best.

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February 02, 2017, 09:06:30 AM
 #1802

Sooner or later bitcoin is going to be global currency as we can many sites and even stores accepting bitcoin. And except few countries there are many countries around the world where bitcoin is legal. So all we can do now is to wait and see.
It does not matter if Bitcoin is legal, if no merchants accepted Bitcoin, then it is useless as a currency. Only if people and store start to use it massively, only then it will become a currency and useful. To be honest, i do not see this happening anytime soon if ever.

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February 02, 2017, 09:34:33 AM
 #1803

  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
technology is pretty good but would need some improvement. but I'm sure there will be many people who will adopt  and probably also some countries as well. maybe a few more decades
i think technology is already perfect for anyone to adopt it..... every thing improves time by time..... i thing it just need some time to gain popularity and to make use to by the world.....
i think it take just a few years to become global currency and adopt by the whole world as proceed in developing countries as well......
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February 02, 2017, 10:02:47 AM
 #1804

Sooner or later bitcoin is going to be global currency as we can many sites and even stores accepting bitcoin. And except few countries there are many countries around the world where bitcoin is legal. So all we can do now is to wait and see.
I suggest do not expect much from the bitcoin, to become the global currency of course there's a deal many countries, I never thought that all countries will agree, surely they'll bitcoin analyze pros and cons bitcoin. And also, there is definitely a long time socializing, because it introducing a new currency system for 6 billion world population isn't easy.
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February 06, 2017, 08:37:54 AM
 #1805

 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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February 06, 2017, 02:44:27 PM
 #1806

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 bet to differ Bitcoin is already showing glimpses of being the global currency and I agree with the OP on his suggestion. It seems it's gradually taking over and people need to start appreciating it until a full take over some day.
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February 06, 2017, 05:26:17 PM
 #1807

Sooner or later bitcoin is going to be global currency as we can many sites and even stores accepting bitcoin. And except few countries there are many countries around the world where bitcoin is legal. So all we can do now is to wait and see.
I suggest do not expect much from the bitcoin, to become the global currency of course there's a deal many countries, I never thought that all countries will agree, surely they'll bitcoin analyze pros and cons bitcoin. And also, there is definitely a long time socializing, because it introducing a new currency system for 6 billion world population isn't easy.

It is not easy and it will take a lot of time. But we must believe in Bitcoin.
It is now used throughout the world. For Bitcoin has no boundaries.
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February 13, 2017, 03:04:23 AM
 #1808

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.

Yes i agree to you, todays generation is very different from the past. We have so called technology, very improving and productive today. I think every year they produce new technology that can be used and useful to the people. That's why, bitcoin is famous its because of the new technology, sooner or later, the things that we don't expect will come, like bitcoin is becoming a global currency. Yes it is very possible since bitcoin now is always in social media, many people used it and it gives us the benefits that dont expect.
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February 13, 2017, 05:47:27 AM
 #1809

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.

Yes i agree to you, todays generation is very different from the past. We have so called technology, very improving and productive today. I think every year they produce new technology that can be used and useful to the people. That's why, bitcoin is famous its because of the new technology, sooner or later, the things that we don't expect will come, like bitcoin is becoming a global currency. Yes it is very possible since bitcoin now is always in social media, many people used it and it gives us the benefits that dont expect.
I guess the probability of that happening is very low, we cannot expect it will be a currency that will replace the current system. It will only be a payment system online and nothing more special than that, bitcoin can be regulated by the government and anonymous transaction can only happen if you will not convert your transaction to fiat. Always consider than if a certain exchange sites will not comply, the government can sanction them.

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February 13, 2017, 06:51:17 AM
 #1810

I guess the probability of that happening is very low, we cannot expect it will be a currency that will replace the current system. It will only be a payment system online and nothing more special than that, bitcoin can be regulated by the government and anonymous transaction can only happen if you will not convert your transaction to fiat. Always consider than if a certain exchange sites will not comply, the government can sanction them.
That's what I'm thinking too, Bitcoin is an alternate currency online and also an alternative method on processing our payments. So it will not replace the fiat money of every country, there is only an adaptation but not replacement.

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February 13, 2017, 07:43:10 AM
 #1811

I doubt global currency is the word for it.  But I can say that Bitcoin is now world known and the demand of it in many country is getting higher and higher. With that said it can show us that Bitcoin is increasingly becoming a popular currency or payment system that the our world is currently accepting right now and I hope it will increase overtime.
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February 13, 2017, 08:18:40 AM
 #1812

I doubt global currency is the word for it.  But I can say that Bitcoin is now world known and the demand of it in many country is getting higher and higher. With that said it can show us that Bitcoin is increasingly becoming a popular currency or payment system that the our world is currently accepting right now and I hope it will increase overtime.
It will certainly go to that direction, we are all expecting that and with the increasing adoption, the demand will also increase. I am sure overtime people will be more aware about the new technology and eventually they will accept it as the government also recognizes it.
This is the result of our continues support, we do not give up when there is a crisis and now it rewarded us with great price.

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February 13, 2017, 08:26:55 AM
 #1813

I doubt global currency is the word for it.  But I can say that Bitcoin is now world known and the demand of it in many country is getting higher and higher. With that said it can show us that Bitcoin is increasingly becoming a popular currency or payment system that the our world is currently accepting right now and I hope it will increase overtime.
Yeah since nowadays seemslike people consider bitcoin as stocks too
Rather than used as payment processor isn't? People love to invest their money in bitcoin
Only few people who really consider and use it to buy or sell somthing for bitcoin
Pretty unfortunate to see this kind big thing misused .
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February 13, 2017, 09:18:51 AM
 #1814

I can't believe, this is because it is still new and not yet bitcoin widely, global currency certainly has to be widely known by the public. In addition, the influence of the USD is still strong, so the trick is having to replace the USD.
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February 13, 2017, 09:38:22 AM
 #1815

I can't believe, this is because it is still new and not yet bitcoin widely, global currency certainly has to be widely known by the public. In addition, the influence of the USD is still strong, so the trick is having to replace the USD.
As long as the Bitcoin keep increasing and developing, there will be the possibility for it to replace the USD. However, I doubt that it could happen since many people are not really get into Bitcoin. They are still very obsolete and they do not want to accept Bitcoin into their daily life.

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February 13, 2017, 09:48:58 AM
 #1816

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.

Yes i agree to you, todays generation is very different from the past. We have so called technology, very improving and productive today. I think every year they produce new technology that can be used and useful to the people. That's why, bitcoin is famous its because of the new technology, sooner or later, the things that we don't expect will come, like bitcoin is becoming a global currency. Yes it is very possible since bitcoin now is always in social media, many people used it and it gives us the benefits that dont expect.
That's right today in era of centralized money we all are looking for a way to skip the system away. Bitcoin is appeared in the right time in the year of the world's financial crisis (2008), it's decentralized and bitcoin users are only people who can control bitcoin. 
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February 13, 2017, 09:50:31 AM
 #1817

I guess the probability of that happening is very low, we cannot expect it will be a currency that will replace the current system. It will only be a payment system online and nothing more special than that,  can be regulated by the government and anonymous transaction can only happen if you will not convert your transaction to fiat. Always consider than if a certain exchange sites will not comply, the government can sanction them.
That's what I'm thinking too,  is an alternate currency online and also an alternative method on processing our payments. So it will not replace the fiat money of every country, there is only an adaptation but not replacement.
you are right paper money has its own importance..... we can't use  as a daily use without exchanging it...... if you say about internet than i think it will become global currency in future.........
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February 13, 2017, 11:58:01 AM
 #1818

Need a long road to becoming a global currency, the main issues currently are users still don't fully trust the bitcoin system with bitcoin. Many of the problems often encountered, for example stock bitcoin limited so difficult to spread throughout the world population reaches 6 billion currently.
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February 14, 2017, 12:30:24 PM
 #1819

Bitcoin I think is already a global currency, because Russia, China, Australia, Europe, Singapore, Japan and others are accepted bitcoin in their own nations, maybe they believed it will help to their economy in terms of profit,.
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February 14, 2017, 02:13:28 PM
 #1820

Bitcoin I think is already a global currency, because Russia, China, Australia, Europe, Singapore, Japan and others are accepted bitcoin in their own nations, maybe they believed it will help to their economy in terms of profit,.
Yes it is accepted in many countries in the world but does it make it the Global Currency? I mean do people prefer now paying in Bitcoin rather than cash? I think not because people still dominantly use Fiat currency and Bitcoin is still some kind of option to them. Can you name one company that only accepts Bitcoin as payment? If there is than that is the time that Bitcoin is the global currency.
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