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Author Topic: Bitcoin is Becoming a Global Currency  (Read 226327 times)
Erdogan
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August 14, 2017, 08:11:11 AM
 #2421

Global adoption will happen in the future, bitcoin is progressing now and we can see there is an increase of adoption
based on the news that we can read. It's pretty obvious that the price increase is brought by the increasing demand and that means adoption.

You have right, that this what we see now it is intensive adoption and price rising is good proof of that.
But if we are talking about accesibility, Bitcoin with no doubts is global currency right now. Just take a look - we can trade from every place on the earth. I would even say that Bitcoin is more global than Dollar Cheesy
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milenium
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August 14, 2017, 02:12:00 PM
 #2422

Quote from: benjamindees
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 becoming allot popular because the price is very interesting for allot of people who like investments and off course for allot of
rich people it is very nice to make fast money with it i understand that they are using bitcoins.
Dhaaaw
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August 14, 2017, 05:22:43 PM
 #2423

It's great! Soon we'll take over the world... soon...

Hahahah  Grin this reply made my day and probably made my week hahaha.
And i think that Bitcoin already took over the world and thats what's making its price go BOOM.  Tongue
mrayazgul
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August 14, 2017, 06:56:40 PM
 #2424

Bitcoin has been a global currency for over a year now. Other countries on the planet that exists in a global market, 84% of them are using Bitcoin in some way. It's been that way for over 8 months.
Ewinsane
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August 14, 2017, 09:16:14 PM
 #2425

It's great! Soon we'll take over the world... soon...
[im g]http://eccdn1.blog.nuffnang.com.my/wp-content/uploads/2013/03/cjcddhgb.jpg[/img]
Hahahah  Grin this reply made my day and probably made my week hahaha.
And i think that Bitcoin already took over the world and thats what's making its price go BOOM.  Tongue
Bitcoin has already taken the crypto land and is on its way to conquer the whole world.
Bitcoins are the new currency of the world. I believe that those who are not investing into these are missing the golden chance of securing their futures. Bitcoins are love and I like them more than anything.
virtualkeybuyer
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August 15, 2017, 07:32:51 PM
 #2426

i dont think so that a bitcoin become a global currency but i hope so in the future will come the right time to shine in all over the world that bitcoin become a global currency .. its wonderfull that all over the world have a one and only currency that have .. one currency that have a same amount in any country .. in that case all over the countrt have a same price of money ..
to me i think bitcoin is already a global currency.
I agreed bitcoin is global currency but if we look deeply then we find many factors that make them not very usable at global level but I do not want to say that bitcoin is not global currency, just try to focus on my point, I want to say that when every company in the world start accepting bitcoin then it will be the best time we can say that bitcoin is global currency, and I’m sure this time will come soon in the future.
jostorres
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August 15, 2017, 07:33:36 PM
 #2427

Somewhat bitcoin is becomming a global currency because you can use it in doing transaction outside your country you can also bring bitcoin in other country..so far many countries adopt bitcoin and in future time many will accept it as a mode of payment
I think bitcoin can already be said as a global currency. Yeah like you said that bitcoin can be taken anywhere to the world. And you can make transactions and send money with residents in any country just by using bitcoin for payment. I think it can be said as a global currency
Yes, this is right! Some people seem not to get it either. Bitcoin is a Global Currency already. Being a Global currency doesn’t mean that the world will have to quit their main currency (fiat), and adopt Bitcoin, No! Bitcoin is decentralized, and is a global currency right from the beginning.

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August 16, 2017, 05:35:09 AM
 #2428

In a few years ago when i do not join this side then i see this it was a local currency and that time i do not interested for this side, now a days its became developed day by day, now many people are interested for this Global currency side. i think it was success day by day.
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August 16, 2017, 06:30:51 AM
 #2429

In a few years ago when i do not join this side then i see this it was a local currency and that time i do not interested for this side, now a days its became developed day by day, now many people are interested for this Global currency side. i think it was success day by day.
Sure it will succeed because bitcoin is getting more popularity and the big businesses are now taking action about bitcoin and they are slowly making it as an alternative payment method on their business and because of that they can also promote bitcoin to be used by other people and it will lead for bitcoin for becoming a global currency.
Charot12345
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August 18, 2017, 06:22:51 AM
 #2430

Yes, it is possible that bitcoin is a becoming global currency because almost all country are familiar in bitcoin. There are country that legalize bitcoin so it is not impossible for other’s too do that and it will become the currency already. We can tell that bitcoin become the global currency if all establishments or company accept bitcoin as term of payment.

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August 18, 2017, 06:48:34 AM
 #2431

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.

It is possible if the number of bitcoin users are consistently rising and becoming widely known wodwide.  But the problem is that it is not legal and not under the government. As of today many other companies are accepting it and if this continuous it is surely possible.

Doamader
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August 20, 2017, 06:54:44 PM
 #2432

Since its firsts days bitcoin were traded and exchanged with others for a fee, bitcoin is already global, next years we might see bitcoin being used and be news over television as in the past. I keep shocked since it were to say something about it, for me bitcoin is already a worldwide currencie as well payment processor.
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August 20, 2017, 07:04:20 PM
 #2433

Bitcoin is already a global currency since its creation. Its available worldwide for everyone having access to the internet connection. In addition it is decentralized, so you don't need to create accounts and verify your identity. So it is obviously a global currency
ASHLIUSZ
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August 20, 2017, 07:09:55 PM
 #2434

Since its firsts days bitcoin were traded and exchanged with others for a fee, bitcoin is already global, next years we might see bitcoin being used and be news over television as in the past. I keep shocked since it were to say something about it, for me bitcoin is already a worldwide currencie as well payment processor.

As stated bitcoin has already got an universal acceptance due to the conversion access that it has got. Being an global currency is not that easy, with bitcoin this too happened in a much earlier stage. Hope by the years to come the tremendous growth will make it accessible to the common people same as the fiat at present.
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August 20, 2017, 09:44:08 PM
 #2435

Bitcoin is already a global currency since its creation. Its available worldwide for everyone having access to the internet connection. In addition it is decentralized, so you don't need to create accounts and verify your identity. So it is obviously a global currency
Bitcoin has been a global currency from the beginning but at those stages bitcoin was not really useful since you could not do much with it, but now things have changed dramatically since you can buy all kind of stuff and pay for services all over the world, and as adoption grows then it will come to the point where you will not have to convert your bitcoin to fiat anymore and you could travel to any country and expect that someone there accepts bitcoin as a payment option.
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August 20, 2017, 10:39:07 PM
 #2436

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.
Indeed. The reason for that rise of bitcoin that bring it to the top of being the future global currency are the people who have been supporting bitcoin cryptocurrency along the way because they have already experienced and witnesssed its benefits it can give. So the possibility for bitcoin to be a global currency is really visible due to the rising demands of bitcoin users to make bitcoin as a legal usage not just in nation but worldwide
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August 20, 2017, 10:45:26 PM
 #2437

I think it was intended to be a global currency, and it is now. Before bitcoins were introduced as far as I know there were no currency that you can use to buy anything anywhere. Today you can use bitcoin at some parts of the world . Unlike dollar, you have to exchange it to Peso in order to spend it in the Philippines. Bitcoin is still in progress, we just have to wait for it to grow to its ultimate form. It doesn't have to defeat dollar or gold, it just needs to exist.
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August 20, 2017, 11:34:45 PM
Last edit: August 23, 2017, 01:40:22 AM by BunnyShibe
 #2438

Bitcoin is already a global currency since its creation. Its available worldwide for everyone having access to the internet connection. In addition it is decentralized, so you don't need to create accounts and verify your identity. So it is obviously a global currency
Bitcoin has been a global currency from the beginning but at those stages bitcoin was not really useful since you could not do much with it, but now things have changed dramatically since you can buy all kind of stuff and pay for services all over the world, and as adoption grows then it will come to the point where you will not have to convert your bitcoin to fiat anymore and you could travel to any country and expect that someone there accepts bitcoin as a payment option.
I also think that bitcoin is a global currency from very beginning because it is providing good opportunities to people to make money. even in future we can expect that bitcoin will continue giving opportunities to people to make more money from bitcoin. i think those people who have experience in trading they have good opportunities to make money.
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August 21, 2017, 06:20:36 AM
 #2439

I think it was intended to be a global currency, and it is now. Before bitcoins were introduced as far as I know there were no currency that you can use to buy anything anywhere. Today you can use bitcoin at some parts of the world . Unlike dollar, you have to exchange it to Peso in order to spend it in the Philippines. Bitcoin is still in progress, we just have to wait for it to grow to its ultimate form. It doesn't have to defeat dollar or gold, it just needs to exist.
Well as far as I know it already defeated gold in values atleast, so maybe the dollars would be next in the list. Again it will be just in values, because for now dollars also have so much advantage over Bitcoin.

But it is true that it was intended to be as a global currency, well that explains the decentralized approach of these coins (including altcoins).
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August 21, 2017, 04:04:49 PM
 #2440

Bitcoin can already be called a global currency, but it needs to gain even more popularity so that everyone does not know about and could use anywhere without the need for an exchange for ordinary money.
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