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Author Topic: Bitcoin is Becoming a Global Currency  (Read 226397 times)
asriloni
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May 29, 2017, 07:21:02 AM
 #2201

Considerably it is there's no other currency or monetary can outrank bitcoin in terms sending and recieving money in the fastest way. Including low fees and controlled transactions that banks hardly can't offer.
I can not imagine how Bitcoin can be a global currency. Reality bitcoin is the currency for a narrow circle of people who deal with crypto-currencies and this community have very narrow scope
Bitcoin already a global payment, It has various pair with fiat currency and already used by the people around the world. It looks that you are not having a correct perception about the bitcoin.
Bitcoin has used by the big communities.

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May 29, 2017, 07:36:06 AM
 #2202

Considerably it is there's no other currency or monetary can outrank bitcoin in terms sending and recieving money in the fastest way. Including low fees and controlled transactions that banks hardly can't offer.
I can not imagine how Bitcoin can be a global currency. Reality bitcoin is the currency for a narrow circle of people who deal with crypto-currencies and this community have very narrow scope
Bitcoin already a global payment, It has various pair with fiat currency and already used by the people around the world. It looks that you are not having a correct perception about the bitcoin.
Bitcoin has used by the big communities.

Being a global currency means to be able to be used instantly worldwide and an easy access, though bitcoin is used globally for me it cant consider yet as a global currency for it cant conveniently used. But soon btc can be access instantly.
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May 29, 2017, 08:06:57 AM
 #2203

Bitcoin already a global payment, It has various pair with fiat currency and already used by the people around the world. It looks that you are not having a correct perception about the bitcoin.
Bitcoin has used by the big communities.

global for few guys, not for most of them
global meaning mainstream, meaning my grandpa can use bitcoin

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voltesbit777
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May 29, 2017, 08:08:37 AM
 #2204

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.

Actually, bitcoin was already a international currency, and it is globally used all around the world in all nation.
moreover, there are some other countries that already implementing the adaptation of the legality of using bitcoin as their legal currency
n0ne
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May 29, 2017, 09:09:36 AM
 #2205

Bitcoin already a global payment, It has various pair with fiat currency and already used by the people around the world. It looks that you are not having a correct perception about the bitcoin.
Bitcoin has used by the big communities.

global for few guys, not for most of them
global meaning mainstream, meaning my grandpa can use bitcoin
Global according to you it's mainstream usage. Same has different meaning, usage and acceptance all around the world. So in my opinion though it haven't gone mainstream, one or the other way it has became a global currency. You could convert to bitcoin in any nation's currency as well can use In most of the countries where only the country's own traditional fiat is accepted.

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May 29, 2017, 09:18:11 AM
 #2206

Considerably it is there's no other currency or monetary can outrank bitcoin in terms sending and recieving money in the fastest way. Including low fees and controlled transactions that banks hardly can't offer.
I can not imagine how Bitcoin can be a global currency. Reality bitcoin is the currency for a narrow circle of people who deal with crypto-currencies and this community have very narrow scope
For now bitcoin has only a small community. But know that bitcoin is growing and growing? Users keep coming. And hope to make bitcoin global currency continue to exist?


I think that bitcoin is already an global currency because bitcoin is available in every country as long as they have internet connection. Furthermore, few countries are now adopting bitcoin such as japan and soon every country will legalize it also in their country.
FlightyPouch
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May 29, 2017, 09:39:26 AM
 #2207

Considerably it is there's no other currency or monetary can outrank bitcoin in terms sending and recieving money in the fastest way. Including low fees and controlled transactions that banks hardly can't offer.
I can not imagine how Bitcoin can be a global currency. Reality bitcoin is the currency for a narrow circle of people who deal with crypto-currencies and this community have very narrow scope
For now bitcoin has only a small community. But know that bitcoin is growing and growing? Users keep coming. And hope to make bitcoin global currency continue to exist?


I think that bitcoin is already an global currency because bitcoin is available in every country as long as they have internet connection. Furthermore, few countries are now adopting bitcoin such as japan and soon every country will legalize it also in their country.

Some countries has good internet connection but they do not accept bitcoin, they banned bitcoin for some reasons. We can't blame them because there are things that they don't really want to happen. The thing is, we know that bitcoin is good asset and it helps the country's economy, the government still has the decision of accepting bitcoin, or not.

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May 29, 2017, 09:53:47 AM
 #2208

Considerably it is there's no other currency or monetary can outrank bitcoin in terms sending and recieving money in the fastest way. Including low fees and controlled transactions that banks hardly can't offer.
I can not imagine how Bitcoin can be a global currency. Reality bitcoin is the currency for a narrow circle of people who deal with crypto-currencies and this community have very narrow scope

How can you say bitcoin has a narrow scope. Bitcoin can be used any where in the world and can be exchanged to any currency which make bitcoin a global currency. Also bitcoin users increases with every passing day and in every part of the world. Demand of bitcoin is also very high.
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May 29, 2017, 09:55:45 AM
 #2209

Since, day by day bitcoin is becoming a popular form of investment and trading, also getting a credible position of monetary system so we can predict as so....
From my point of view, bitcoin will be a global currency if it terms and conditions maintain strictly. Though its user is limited, but for the time being it will cover a massive amount of people in the future.
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May 29, 2017, 10:01:57 AM
 #2210

Considerably it is there's no other currency or monetary can outrank bitcoin in terms sending and recieving money in the fastest way. Including low fees and controlled transactions that banks hardly can't offer.
I can not imagine how Bitcoin can be a global currency. Reality bitcoin is the currency for a narrow circle of people who deal with crypto-currencies and this community have very narrow scope
For now bitcoin has only a small community. But know that bitcoin is growing and growing? Users keep coming. And hope to make bitcoin global currency continue to exist?


I think that bitcoin is already an global currency because bitcoin is available in every country as long as they have internet connection. Furthermore, few countries are now adopting bitcoin such as japan and soon every country will legalize it also in their country.

To contradict regarding bitcoin becoming a global currency, it's not yet happening in the whole world. But if we have this dream of getting more profitable investments coming from digital currency; then it's a reasonable idea to make it as global currency now. I don't think it will become more popular if those innocent about digital currency will not try to learn better knowledge on this currency, because most of those who hear about this had a resistance of learning.
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May 29, 2017, 11:56:33 AM
 #2211

Considerably it is there's no other currency or monetary can outrank bitcoin in terms sending and recieving money in the fastest way. Including low fees and controlled transactions that banks hardly can't offer.
I can not imagine how Bitcoin can be a global currency. Reality bitcoin is the currency for a narrow circle of people who deal with crypto-currencies and this community have very narrow scope
For now bitcoin has only a small community. But know that bitcoin is growing and growing? Users keep coming. And hope to make bitcoin global currency continue to exist?


I think that bitcoin is already an global currency because bitcoin is available in every country as long as they have internet connection. Furthermore, few countries are now adopting bitcoin such as japan and soon every country will legalize it also in their country.
yes that s true that computer and internet are now the basic components of every country, even the backward countries have the facilities of using internet, even their people have good access to internet. therefore to me i think there are very little chance internet will ever down. it will continue for ever and therefore bitcoin will also survive for ever.
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May 29, 2017, 01:45:51 PM
 #2212

indeed, now in 2017 this is even more apparent now, bitcoin is actually taking the form of the international boarder-less country. there are exchanges right now for every single part of the world from Africa to South America and Australia, meaning BTC is not just US/EU based like it used to be. Even China and Eastern Asia have been the spine of BTC now.
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May 29, 2017, 09:10:05 PM
 #2213

Due to the legalization of bitcoin in Japan, its popularity has grown significantly. Many countries began to trust bikkoin more. It happened quickly and now we see new high prices of bitcoins.

And we are now near to see bitcoin being used by almost everybody. But there's no need to say that bitcoin is becoming a global currency. It is destined to be like that and we are already enjoying the perks of using bitcoin. Even we are ordering some products offshore, we can pay with the use of bitcoin and ship it to us.
not only japan , at the same time russia reported legalizes bitcoin as currency too.

and it is just make the cryptocurrency market went crazy in the last three weeks , going up and down so fast leading to people curiousity and it is also make the demands keep increasing day by day. and of course more merchants available to accept bitcoin around the world.

That's a good news, I heard rumors that there are now people that started to love and adopt bitcoin. And also with the current bitcoin price leader is the South Korea, they are having the highest rate to the pricing of bitcoin. And if I'm correct, there will be an upcoming adoption that is about to happen in Australia this coming July.

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May 30, 2017, 03:39:54 AM
 #2214

As should be obvious now in bitcoin, it is straightforwardly turned into a worldwide cash in various nation. Why did I said that things? It is on the grounds that in Japan Bitcoin was lawfully announced as cash in a few spots of their nation, on the off chance that I am not mixed up, and now China is the following holding up wanting to make bitcoin to their nation to wind up plainly a lawful money as well.
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May 30, 2017, 03:49:39 AM
 #2215

As should be obvious now in bitcoin, it is straightforwardly turned into a worldwide cash in various nation. Why did I said that things? It is on the grounds that in Japan Bitcoin was lawfully announced as cash in a few spots of their nation, on the off chance that I am not mixed up, and now China is the following holding up wanting to make bitcoin to their nation to wind up plainly a lawful money as well.

It is still not certain that bitcoin will become a worldwide cash. All we just know is bitcoin will be accepted by many countries and in the future, it will be more known and popular.
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May 30, 2017, 04:27:19 AM
 #2216

As should be obvious now in bitcoin, it is straightforwardly turned into a worldwide cash in various nation. Why did I said that things? It is on the grounds that in Japan Bitcoin was lawfully announced as cash in a few spots of their nation, on the off chance that I am not mixed up, and now China is the following holding up wanting to make bitcoin to their nation to wind up plainly a lawful money as well.

It is still not certain that bitcoin will become a worldwide cash. All we just know is bitcoin will be accepted by many countries and in the future, it will be more known and popular.

Bitcoin were popular especially for businessmen and investors,it is also used bu common people to help in their financial needs but there are more developments to ensure until it become global currency.


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May 30, 2017, 05:04:38 AM
 #2217

Each new thing sets aside opportunity to change and make put in our general public. Bitcoins has been there for more than eight years now and i feel in the following five years we should see bitcoins wherever around us. The Dollar and Euro are losing worth and Bitcoin will soon be the following worldwide cash far and wide.
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May 30, 2017, 05:14:48 AM
 #2218

Bitcoin in its current form is not a currency, its an asset. A worldwide asset sure but its not useable for the majority of transactions a currency is normally used for. Until scaling solutions are implemented that will always be the case despite its growing popularity.
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May 30, 2017, 07:27:59 AM
 #2219

Wow, I think it is a good idea, using this currency you can easily travel to other countries. Also level of money to each country will become fair, due to equal value of currencies.

Using fiat can also be used to easily travel to other countries, so I think even not using bitcoin, it is still fine. And with the transactions that bitcoin has now, I think it is really not good using in a payment. But I dont get how the level of each country currnecy will be fair, we have different values for each currencies, and I think it will vary to every country.


Yes of course with different currency of each country will be different exchange rate obtained from bitcoin transactions.
But this certainly does not complicate the transaction bitcoin wherever we are
That is good to heard, I'am very happy if the bitcoin will become global currency. Because by the help of this currencies there's a lot of opportunity will be open in the future. Also using bitcoin even the poorest country now had a capacity to level on the other riches country. All in the world will become equal. Are you agree to this speculation?
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May 30, 2017, 07:34:57 AM
 #2220

Bitcoin in its current form is not a currency, its an asset. A worldwide asset sure but its not useable for the majority of transactions a currency is normally used for. Until scaling solutions are implemented that will always be the case despite its growing popularity.
That's a more accurate definition but there are people who are calling it as currency, regardless of what we think it is still money
since it has value and we can spend our bitcoins just like money can do.

 
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