Bitcoin is Becoming a Global Currency

[DoublerHunter]

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.

This is a good sign that we see bitcoin is developing and being accept by almost all country in the world.it has a big chance to be a global currency now in this state if almost all country will adopt and use it

Well different nationalities uses bitcoin but the volume of users is not that big, bitcoin is a global currency in the sense that it has
given us a chance to transact fast regardless on what part of county you belong. We are all fair here since it's decentralized and we can fully achieve freedom as well.

I agree. The numbers of the bitcoin users are still just a few and it doesn't help that much in the price of bitcoin since the only big investors are still just a small part of the community. If we just continue spreading bitcoin then it will be easily increase the volume of the bitcoin users which can help for the market of bitcoin to grow up and be profitable for us. The features of bitcoin can easily attract investors or users because it is still fast and cheaper than other payment system.

[1714301631]

1714301631

[boumalo]

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.

This is a good sign that we see bitcoin is developing and being accept by almost all country in the world.it has a big chance to be a global currency now in this state if almost all country will adopt and use it

Well different nationalities uses bitcoin but the volume of users is not that big, bitcoin is a global currency in the sense that it has
given us a chance to transact fast regardless on what part of county you belong. We are all fair here since it's decentralized and we can fully achieve freedom as well.

I agree. The numbers of the bitcoin users are still just a few and it doesn't help that much in the price of bitcoin since the only big investors are still just a small part of the community. If we just continue spreading bitcoin then it will be easily increase the volume of the bitcoin users which can help for the market of bitcoin to grow up and be profitable for us. The features of bitcoin can easily attract investors or users because it is still fast and cheaper than other payment system.

I wonder

-How many bitcoins unique owners of 0.1 or more ?
-How many unique users transacted in bitcoins in the last 12 months ? How many MAU ?

https://blockchain.info/stats give some informations but not in the sense of MAU and yearly active users.

[bitbunnny]

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.

This is a good sign that we see bitcoin is developing and being accept by almost all country in the world.it has a big chance to be a global currency now in this state if almost all country will adopt and use it

Well different nationalities uses bitcoin but the volume of users is not that big, bitcoin is a global currency in the sense that it has
given us a chance to transact fast regardless on what part of county you belong. We are all fair here since it's decentralized and we can fully achieve freedom as well.

I agree. The numbers of the bitcoin users are still just a few and it doesn't help that much in the price of bitcoin since the only big investors are still just a small part of the community. If we just continue spreading bitcoin then it will be easily increase the volume of the bitcoin users which can help for the market of bitcoin to grow up and be profitable for us. The features of bitcoin can easily attract investors or users because it is still fast and cheaper than other payment system.

That is true but the number of users doesn't influence on the fact whether Bitcoin is international currency or not. Since Bitcoin is already used all around the world and it's not thight in any way just to one nation and country, that makes it an iternational currency with no doubt. And that international "feature" is part of the great advantage comparing to some other currencies.

[shulio]

That is true but the number of users doesn't influence on the fact whether Bitcoin is international currency or not. Since Bitcoin is already used all around the world and it's not thight in any way just to one nation and country, that makes it an iternational currency with no doubt. And that international "feature" is part of the great advantage comparing to some other currencies.

The number of user actually influence it as well. The more people that aware of this coin, the easier it will be accepted by a country. Therefore I think that when there are alot more people that actually accept it. The chance for it to become a world international currency is higher although it might not be because each country still has fiat

[acroman08]

That is true but the number of users doesn't influence on the fact whether Bitcoin is international currency or not. Since Bitcoin is already used all around the world and it's not thight in any way just to one nation and country, that makes it an iternational currency with no doubt. And that international "feature" is part of the great advantage comparing to some other currencies.

The number of user actually influence it as well. The more people that aware of this coin, the easier it will be accepted by a country. Therefore I think that when there are alot more people that actually accept it. The chance for it to become a world international currency is higher although it might not be because each country still has fiat

I agree, but bitcoin has no problem becoming an alternative currency( like a go to currency if you need to send
transact, buy etc..in another country ), all bitcoin need is popularity and a good image(which is hard to do) to
achieve becoming as an alternative currency.

[Creepings]

I think maybe if it will become popular to everywhere and all over the country it possible to become currency among other country.Because bitcoin is a good investment especially on savings.And when it spread among the country maybe it will uses as a currency.

Bitcoin is a great digital currency, a great asset or investment. It is now popular especially to the people who are sending money accross the world. It may be used as a currency of a country, but the problem is, it has still it's flaws which can be a vulnerable aspect of bitcoin that may be abused by the government leaders and use it to make illegal or unethical transactions to make their life easy and comfortable the way they want it.

[Bitcotalk]

Now many have doubts that bitcoin can become a world currency. Nobody knows what will happen to bitcoin tomorrow. Therefore, we can not now talk about the good future bitcoin

I think the future can be predicted from the current bitcoin development. if the development of bitcoin is bad then the future will be ugly. but you can see the development of bitcoin is very good

yes you are right the development of bitcoin is going very well the developers of it are very expert and intelligent because of their struggle bitcoin is on strong foundations and none of the issue can harm it.

[batang_bitcoin]

I think maybe if it will become popular to everywhere and all over the country it possible to become currency among other country.Because bitcoin is a good investment especially on savings.And when it spread among the country maybe it will uses as a currency.

Government's will not simply declare it as a global currency. For us who are here and uses it with almost everything can conclude that it's our global currency. And I doubt it that they are going to consider it as a global currency but I know there are some countries that will recognize bitcoin this way because it's a good economy booster.

[X-ray]

Now many have doubts that bitcoin can become a world currency. Nobody knows what will happen to bitcoin tomorrow. Therefore, we can not now talk about the good future bitcoin

I think the future can be predicted from the current bitcoin development. if the development of bitcoin is bad then the future will be ugly. but you can see the development of bitcoin is very good

yes you are right the development of bitcoin is going very well the developers of it are very expert and intelligent because of their struggle bitcoin is on strong foundations and none of the issue can harm it.

Are you kidding me? With a lot of debate about the blocksize increase and in this time it looks silly. Looks like the scalability issue is destroying and divided the bitcoin community. As you can see about both of the developer Bitcoin unlimited and bitcoin core try to attacking each other to get the interest from the block voters.

[neochiny]

I think maybe if it will become popular to everywhere and all over the country it possible to become currency among other country.Because bitcoin is a good investment especially on savings.And when it spread among the country maybe it will uses as a currency.

Government's will not simply declare it as a global currency. For us who are here and uses it with almost everything can conclude that it's our global currency. And I doubt it that they are going to consider it as a global currency but I know there are some countries that will recognize bitcoin this way because it's a good economy booster.

I think Governments will consider bitcoin as a way of payment but never as currency, maybe some
part or some government will see it as a currency but, I doubt that the majority of the Governments
in this world will see it as a currency.

I agree that Governments may also see it as an economy booster

[renfangfua]

Now many have doubts that bitcoin can become a world currency. Nobody knows what will happen to bitcoin tomorrow. Therefore, we can not now talk about the good future bitcoin

Japan accepts bitcoin as legal payment method,Mexico has recently introduced a bill which defines bitcoin as a digital asset and sets forth rules for bitcoin exchanges, more and more countries accept bitcoin.Bitcoin being widely use helps lot of its users that's why we keep on adopting and using it that for sure every nation and people will soon get curious on it and will definitely use it.

[poplolnman]

Now many have doubts that bitcoin can become a world currency. Nobody knows what will happen to bitcoin tomorrow. Therefore, we can not now talk about the good future bitcoin

Japan accepts bitcoin as legal payment method,Mexico has recently introduced a bill which defines bitcoin as a digital asset and sets forth rules for bitcoin exchanges, more and more countries accept bitcoin.Bitcoin being widely use helps lot of its users that's why we keep on adopting and using it that for sure every nation and people will soon get curious on it and will definitely use it.

and all of it makes bitcoin have more power to be established , and hard to make bitcoin worthless. really important to keep getting merchants to accept bitcoin , it was the key for convincing common people to know and start using bitcoin as a payment option alongside any other currency. we should always be optimistic heading for future of money.

[stergium]

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,Japan has passed a bill accepting bitcoins as payment officially.Liberland has made bitcoin its national currency.Nigeria is facing a huge economic crisis and so its people have lost their faith in their currency and have started to buy bitcoins.More companies have initiated steps to accept bitcoin payments.Bitcoin is soon going to become a global currency.

i personally have no idea that either japan has passed the bill about bitcoin or not, but i think it will be a good decision if the government has taken about bitcoin.

[Oo ako to]

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.

Well, that is a good news for everyone of us. Its a big step towards success of the cryptocurrencies. Because of this the bitcoin price will skyrocket easily because of its huge demands.

[neochiny]

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,Japan has passed a bill accepting bitcoins as payment officially.Liberland has made bitcoin its national currency.Nigeria is facing a huge economic crisis and so its people have lost their faith in their currency and have started to buy bitcoins.More companies have initiated steps to accept bitcoin payments.Bitcoin is soon going to become a global currency.

i personally have no idea that either japan has passed the bill about bitcoin or not, but i think it will be a good decision if the government has taken about bitcoin.

Which government?

Anyway, there is a video of a woman surviving for 2 days using bitcoin only
https://www.youtube.com/watch?v=FfJG6iVeRfI watch it! it's very informative
and entertaining there's an article about this too http://bitkan.com/news/topic/30920
the video is a great way to show how bitcoin can be used in daily life.

[Labumi]

I think maybe if it will become popular to everywhere and all over the country it possible to become currency among other country.Because bitcoin is a good investment especially on savings.And when it spread among the country maybe it will uses as a currency.

Bitcoin is a great digital currency, a great asset or investment. It is now popular especially to the people who are sending money accross the world. It may be used as a currency of a country, but the problem is, it has still it's flaws which can be a vulnerable aspect of bitcoin that may be abused by the government leaders and use it to make illegal or unethical transactions to make their life easy and comfortable the way they want it.

Ahaha if you are not sure against profits given bitcoin so everything you say like despair ..?? . Bitcoin does have flaws, but the weakness is not a reason to make us just be spectators and commentators. Because of this world who dare step up he will be a winner, be a person who can think clearly and not afraid of weakness. Because of that one moment of weakness will certainly be corrected by those who are more expert in completing it, we just follow the rules of the game and look for advantage as much as possible
 

[Finestream]

I think maybe if it will become popular to everywhere and all over the country it possible to become currency among other country.Because bitcoin is a good investment especially on savings.And when it spread among the country maybe it will uses as a currency.

Bitcoin is a great digital currency, a great asset or investment. It is now popular especially to the people who are sending money accross the world. It may be used as a currency of a country, but the problem is, it has still it's flaws which can be a vulnerable aspect of bitcoin that may be abused by the government leaders and use it to make illegal or unethical transactions to make their life easy and comfortable the way they want it.

Ahaha if you are not sure against profits given bitcoin so everything you say like despair ..?? . Bitcoin does have flaws, but the weakness is not a reason to make us just be spectators and commentators. Because of this world who dare step up he will be a winner, be a person who can think clearly and not afraid of weakness. Because of that one moment of weakness will certainly be corrected by those who are more expert in completing it, we just follow the rules of the game and look for advantage as much as possible
 

The advantage will be for those who are willing to hold their bitcoins for better value in the future, also we could take advantage of the price volatility if we will learn trading and eventually develop our skills through our knowledge and experience. Let's be more optimistic and focus on the future of bitcoin rather than thinking this is not a strong asset since it always fluctuate like the pump and dump game.

[Osarman]

I think maybe if it will become popular to everywhere and all over the country it possible to become currency among other country.Because bitcoin is a good investment especially on savings.And when it spread among the country maybe it will uses as a currency.

Bitcoin is a great digital currency, a great asset or investment. It is now popular especially to the people who are sending money accross the world. It may be used as a currency of a country, but the problem is, it has still it's flaws which can be a vulnerable aspect of bitcoin that may be abused by the government leaders and use it to make illegal or unethical transactions to make their life easy and comfortable the way they want it.

you are right bitcoin is really a great currency and bitcoin more going to popular in the world and i also send my money to any country in bitcoin easily and bitcoin transaction fees is very much lower than bank.

[aardvark15]

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 definitely worldwide but it's not really mainstream. I think Bitcoin needs to be more established as a payment method and/or a method of sending money before it can be a mainstream currency.

[kynaz]

Agreed, Because i'm now can transfer money to my relatives in foreign countries very easy. And of course with my dealers too, we use bitcoin instead of doing some stupid steps transfering money. It's really great and convenience . No wonder if bitcoin becomes the global currency.