Bitcoin is Becoming a Global Currency

[Sled]

bitcoin has already been a global currency since it was first created. Satoshi waant people to use this coin as a primary school on the global and this coin is a symbol of the crypto currency revolution

Perhaps still not as much globally as you think. Because the fact is that only a certain number of people use crypto currency and there is no talk of mass use of speech.

although the number of bitcoin users are few but i think they are present everywhere, i do not think that there will be a single country where the users of bitcoin will not available. and in this sense we can say that bitcoin is is universal currency and we are hopeful that the users of bitcoin will be increasing more and more.

Bitcoin is already a global currency in online space, but if it's applied to real currency obviously can not yet because it will damage the dominance of fiat in many countries. I think bitcoin will be a kind of stake in market trading, and not bound as a real currency. They are just as liquid as gold and other asset products.

actually most of the people still do not know any thing about bitcoin, therefore it will take some more time when the local shopkeeper will also start accepting bitcoin for shopping and for so many other purposes.

You are right, Actually there is a lot of peoples doesn't know bitcoin. So i don't think bitcoin can become a global currency in the near future. It should share and introduce to peoples what is bitcoin and cryptocurrencies in generals.

but you can see that bitcoin users increasing and people take interest using of bitcoin because bitcoin is available in anywhere for shopping and i hope bitcoin will be sooner become a global currency in the future because adoption is on high value increasing .

Each year the growth rate is simply big than the past. This helps with the increased adoption and acceptance in all stores. Now too this is a global currency due to its exchanging availability to any currency as well can be used for cross border transaction which is not that easy with other currencies. So it serves as a global currency, but to to get the perfect shape time is required.

Yes time is one of the most required for bitcoin to be a global currency because if we have a lot of time and we are not rushing bitcoin then we can develop bitcoin to a better bitcoin and it can solve most of the common problems like slow confirmations and unsustainable network. If those problem will be solve because of the time that we have then bitcoin will be accepted globally.

[1714297783]

1714297783

[1714297783]

1714297783

[asriloni]

bitcoin has already been a global currency since it was first created. Satoshi waant people to use this coin as a primary school on the global and this coin is a symbol of the crypto currency revolution

Perhaps still not as much globally as you think. Because the fact is that only a certain number of people use crypto currency and there is no talk of mass use of speech.

although the number of bitcoin users are few but i think they are present everywhere, i do not think that there will be a single country where the users of bitcoin will not available. and in this sense we can say that bitcoin is is universal currency and we are hopeful that the users of bitcoin will be increasing more and more.

Bitcoin is already a global currency in online space, but if it's applied to real currency obviously can not yet because it will damage the dominance of fiat in many countries. I think bitcoin will be a kind of stake in market trading, and not bound as a real currency. They are just as liquid as gold and other asset products.

actually most of the people still do not know any thing about bitcoin, therefore it will take some more time when the local shopkeeper will also start accepting bitcoin for shopping and for so many other purposes.

You are right, Actually there is a lot of peoples doesn't know bitcoin. So i don't think bitcoin can become a global currency in the near future. It should share and introduce to peoples what is bitcoin and cryptocurrencies in generals.

but you can see that bitcoin users increasing and people take interest using of bitcoin because bitcoin is available in anywhere for shopping and i hope bitcoin will be sooner become a global currency in the future because adoption is on high value increasing .

Where are you seeing bitcoin is available anywhere for shopping? Honestly average people are not using it as a payment method for shop anything.

As a payment gateway just available in Japan.

This time bitcoin already become a global currency. This community has built from the people around the world.


Bitcoin nodes have spread around the world too. And it's an evidence for you.

[Viscore]

Wow, that's great I'm looking forward that Bitcoin is become one of the most influential currency in the world. As a global currency currency, I think it will happen in the future and digital currency were accepted by each nation as primary currency in the world.

It could be a global currency but it doesn't mean it will become the main currency of a certain country, it's simply impossible to happen because the government will not allow it. Think of the progress but in a realistic approach, I will be very happy if this will be considered as a payment system of the majority of people which I think will cause massive adoption.

[Kisanaq]

I think it still takes time, when the world is screwed up, the threat of war Korea vs. USA make the economic recession, and could not be disputed that the influence of the USD is still very strong that bitcoin it took a long time.

[SHAWN-MIDWAYS]

I think it still takes time, when the world is screwed up, the threat of war Korea vs. USA make the economic recession, and could not be disputed that the influence of the USD is still very strong that bitcoin it took a long time.

Thats what happens when you hungry for power but that has nothing to do with bitcoin becoming a global currency because its a decentralized and not controlled by either of the two countries.
Of course politics might have an impact on the future of bitcoin but atm its doing pretty fine to be recognized as a Global Currency.

[DrGuns4Hands]

People in the world almost knew bitcoin so in the near future it will come out totally a global currency. But now, the thoughts of mine maybe right now it's so impossible to happen since the administration won't allow it. In this circumstances, the major thing is Acceptance! The time we have then bitcoin is known globally. It still takes time and a matter of time.

[Finestream]

People in the world almost knew bitcoin so in the near future it will come out totally a global currency. But now, the thoughts of mine maybe right now it's so impossible to happen since the administration won't allow it. In this circumstances, the major thing is Acceptance! The time we have then bitcoin is known globally. It still takes time and a matter of time.

Not most of the people knew about bitcoin as of the current stage and we need more time and the support of the government to gain massive adoption, the law in the land shall always prevail and although bitcoin is decentralized, people who are going to use the system to transact or whatever purpose they may be shall have to comply with the law. Let's just observe and be optimistic that the right time will come this will be widely recognize.

[Sled]

Wow, that's great I'm looking forward that Bitcoin is become one of the most influential currency in the world. As a global currency currency, I think it will happen in the future and digital currency were accepted by each nation as primary currency in the world.

It could be a global currency but it doesn't mean it will become the main currency of a certain country, it's simply impossible to happen because the government will not allow it. Think of the progress but in a realistic approach, I will be very happy if this will be considered as a payment system of the majority of people which I think will cause massive adoption.

Yes bitcoin will become a global currency but not a national currency because bitcoin is not designed for that and people that will use bitcoin as a primary currency will experience a lot of loss because of price fluctuation so it is not the best idea to adopt bitcoin as a primary currency. Bitcoin will just be added as a new payment system globally, IMO.

[Dimelord]

Bitcoin has already been accepted by japan as a legal payment.China and Russia have left their plan of banning bitcoins and have started regulating bitcoins.Iran is discussing to use bitcoin as their nation's secondary currency to bye pass US sanctions.Liberland has already announced bitcoin as their national currency.Switzerland has started to accept bitcoins.So we could surely say that bitcoin is becoming a global currency.

[SoulBargain]

Yep I highly agree on this. Bitcoin will be a vital part in global market which will become a medium in international exchanges and transactions rather tham local ones. Though still Bitcoin can't replace fiat nor to be dominantly use than the national currency but if we talked about internationally then it has more chance than that one.

[Immakillya]

In america, bitcoin is commodity there not currency as far as i know. But i agree, bitcoin can be a global currency because you can use it as payment. You can buy things with bitcoin. The bad thing is, its not accepted globally and only few markets are accepting bitcoin. Hope to see bitcoin is accepted worldwide.

[chineseprancing]

We were looking forward that Bitcoin was become a Global Currencies. Because if the Bitcoin were become a Global Currency I was sure that most of the online business/services were high potential to become productive in earning Bitcoin. I think it was a good chance to us to invest for now because bitcoin currency were still growing up.

[btcdiggingmaster]

In america, bitcoin is commodity there not currency as far as i know. But i agree, bitcoin can be a global currency because you can use it as payment. You can buy things with bitcoin. The bad thing is, its not accepted globally and only few markets are accepting bitcoin. Hope to see bitcoin is accepted worldwide.

Things will work according to the situation we move in this world, yes only a few markets are accepting bitcoin but at least within limited period of time those markets at least implement bitcoin as a payment method. To become a global currency it will take lot time because it is completely related to the government so we have to wait until it is acceptable around the world.

[PetroffVany]

Wow, that's great I'm looking forward that Bitcoin is become one of the most influential currency in the world. As a global currency currency, I think it will happen in the future and digital currency were accepted by each nation as primary currency in the world.

It could be a global currency but it doesn't mean it will become the main currency of a certain country, it's simply impossible to happen because the government will not allow it. Think of the progress but in a realistic approach, I will be very happy if this will be considered as a payment system of the majority of people which I think will cause massive adoption.

Yes bitcoin will become a global currency but not a national currency because bitcoin is not designed for that and people that will use bitcoin as a primary currency will experience a lot of loss because of price fluctuation so it is not the best idea to adopt bitcoin as a primary currency. Bitcoin will just be added as a new payment system globally, IMO.

I agree. Bitcoin will eventually be added in all countries as an additional payment system with which you can also earn on the growth rate.

[pseexh]

yes. I also think can bitcoin be the world currency, it will all look easy,

To make it a world currency, it needs to develop more than one year and be able to carry out operations without the Internet, but for now it will be an additional currency.

[djordjamayna]

Well, my country is small. When our crypto house opened (It works on 1%) they managed to make 1 million BGN (500 000€ profit) in 3 months. And here from 20-30 people that I ask only 1 knows about bitcoin, and the only thing they know about it is that some people mine it

[samputin]

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.

I don't think so, as of now the popularity of bitcoin user are too small. Only 100 million people in 7 billion people around the world know about the bitcoin market and who have an idea.

But when time comes that bitcoin will be popular in other people/ country they use it for making a profit. Even other investors take the opportunity, It is because bitcoin can't be use for profit although used for payment transaction.

[sergeyzol]

Well, my country is small. When our crypto house opened (It works on 1%) they managed to make 1 million BGN (500 000€ profit) in 3 months. And here from 20-30 people that I ask only 1 knows about bitcoin, and the only thing they know about it is that some people mine it

In our country, too, very little is known about bitcoin and treat this as a fraud. In more developed countries, the percentage of people who invest in the crypto currency is higher.

[Beparanf]

Well, my country is small. When our crypto house opened (It works on 1%) they managed to make 1 million BGN (500 000€ profit) in 3 months. And here from 20-30 people that I ask only 1 knows about bitcoin, and the only thing they know about it is that some people mine it

In our country, too, very little is known about bitcoin and treat this as a fraud. In more developed countries, the percentage of people who invest in the crypto currency is higher.

Some big investors and businessman were already in bitcoin since they see the growth they can get in bitcoin. It may not be popular yet but now that Japan introduces bitcoin ,other countries might find a way to use it. It can be consider a global crypto currency since every country and nation were free to use it as long they have internet and knowledge on it.

[marcuslong]

yes. I also think can bitcoin be the world currency, it will all look easy,

To make it a world currency, it needs to develop more than one year and be able to carry out operations without the Internet, but for now it will be an additional currency.

It will take time to develop coins to become offline transaction that will never use internet at all if this can be use to pay on local store then maybe this could be a global currency but since bitcoin is already are Secondary currency that we use to make online transaction everyday it is already considered are global currency.