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Author Topic: Bitcoin is Becoming a Global Currency  (Read 226401 times)
bitdumper
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September 18, 2016, 05:52:22 PM
 #1301

bitcoin is growing slowly but it is growing mostly on the important parts of every country because only imteligent people use bitcoin and stupid peoples do not even use internet so they are basically nothing just a clowns

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September 18, 2016, 07:58:18 PM
 #1302

bitcoin is growing slowly but it is growing mostly on the important parts of every country because only imteligent people use bitcoin and stupid peoples do not even use internet so they are basically nothing just a clowns
i think it is the the intelligent people who only use bitcoin but to me tho people who have the facilities of internet so they are using it and those people who do not have the facilities or those people who cannot afford bitcoin so they are not using it, but still there are so many people who even using internet but still have no idea about bitcoin, so such kind of people need awareness about bitcoin so that they can start using it.
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September 18, 2016, 09:01:45 PM
 #1303

We can say that it is global currency now because lots of people use it
just wondering if a currency is still not being recognited as official currency in most of country but still biased or just say between illegal and legal (not regulated) yet,can it be called global currency? though it's being used by people widely but don't know whether it's legal or illegal

No one is claiming for bitcoin as illegal currency , there are only a few countries which have banned it for their citizens and they gave the reason as it is often used by criminals they do not have any hostility with bitcoin, among which Russia was a major power but now they have allowed it for their citizens.

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September 18, 2016, 09:26:57 PM
 #1304

bitcoin is growing slowly but it is growing mostly on the important parts of every country because only imteligent people use bitcoin and stupid peoples do not even use internet so they are basically nothing just a clowns

I agree on the part where smart people indeed use Bitcoin as they know and are able to understand the power of using and holding Bitcoin. But people without internet either can't afford it as they are living in third world countries, or they make the choice to not use internet. But that doesn't mean these people are stupid.
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September 19, 2016, 12:07:48 PM
 #1305

Till it's not accepted somewhere, bitcoin is golobal currency only in people minds, but honestly bitcoin is still young for it.
I think thats right dude for most bitcoin users themselves. bitcoin has become a global currency? because in use by many people in different countries? but in fact you can see for yourself bitcoin bitcoin is still too young and still not popular and was not accepted everywhere?
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September 19, 2016, 12:10:44 PM
 #1306

bitcoin is growing slowly but it is growing mostly on the important parts of every country because only imteligent people use bitcoin and stupid peoples do not even use internet so they are basically nothing just a clowns

I agree on the part where smart people indeed use Bitcoin as they know and are able to understand the power of using and holding Bitcoin. But people without internet either can't afford it as they are living in third world countries, or they make the choice to not use internet. But that doesn't mean these people are stupid.
actually using bitcoin doesn't mean you're smart either,if they use bitcoin but still wasting money for anything useless then how can we call they smart,
smart or stupid is relative,and can't be calculated,judging people and consider they're stupid because of not using bitcoin is so subjective

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September 20, 2016, 01:13:02 AM
 #1307

It can be considered already  an international currency, because it was  made for everybody to use  and can be used anywhere in the world . I believe what the currency needs, at the time, is more adoption  to give it some  positive traction..
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September 20, 2016, 02:33:46 AM
 #1308

It can be considered already  an international currency, because it was  made for everybody to use  and can be used anywhere in the world . I believe what the currency needs, at the time, is more adoption  to give it some  positive traction..
There is no double it will be more successful in the future and more people will experience the benefits of using bitcoins, we have already a good economy this year as we have seen how the price have react on the substantial increase, this is the beginning of the continues success of bitcoin so we should not let this opportunity slip away.

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September 20, 2016, 02:55:30 AM
 #1309

Yes bitcoin became very  big globally accepted currency. It  will eventually be used even  in illegal position in some countries . When it sees  socially acceptance  from basic users  like young adults,  it will be even bigger...
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September 20, 2016, 03:51:04 AM
 #1310

One of the primary reasons why Bitcoin has the ability to become very very popular that it'll eventually become scarce. Bitcoin can be used anywhere in the world, thus, it's a currency that can conquer the world of currencies. Right now, dollar seem to be the most universal fiat. But if you're going to pay a Philippine Peso in a country like Vietnam, they wouldn't recognize that money. Bitcoin, on the other hand, no matter where you are, it can be recognized.

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September 20, 2016, 04:01:55 AM
 #1311

One of the primary reasons why Bitcoin has the ability to become very very popular that it'll eventually become scarce. Bitcoin can be used anywhere in the world, thus, it's a currency that can conquer the world of currencies. Right now, dollar seem to be the most universal fiat. But if you're going to pay a Philippine Peso in a country like Vietnam, they wouldn't recognize that money. Bitcoin, on the other hand, no matter where you are, it can be recognized.
Agree if you are a professional and want to work with people whos in other country its easy now to hired in paid that person without going to any where and no hassle ,thats why bitcoins really help and going to be international currency.



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September 20, 2016, 04:17:03 AM
 #1312

Yes bitcoin became very  big globally accepted currency. It  will eventually be used even  in illegal position in some countries . When it sees  socially acceptance  from basic users  like young adults,  it will be even bigger...

of course but unfortunately bitcoin is not yet approve and accepted by government so people still use for selling and buying bitcoin but with our own risk. if the government approved with bitcoin, i think bitcoin will be more bigger than before because bitcoin will reach million people than now and become a global currency like OP said.

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September 20, 2016, 04:21:44 AM
 #1313

One of the primary reasons why Bitcoin has the ability to become very very popular that it'll eventually become scarce. Bitcoin can be used anywhere in the world, thus, it's a currency that can conquer the world of currencies. Right now, dollar seem to be the most universal fiat. But if you're going to pay a Philippine Peso in a country like Vietnam, they wouldn't recognize that money. Bitcoin, on the other hand, no matter where you are, it can be recognized.
Very well said dude, bitcoin has a great potential to be the most popular online currency in the future as anywhere it can be accepted if people will adopt on it, however the only problem I can see is on the actions of the government towards bitcoin, they are aware already of bitcoin and its popularity nowadays, if they will not support it, we will be having a problem promoting this to the majority of the people.

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September 20, 2016, 04:48:35 AM
 #1314

One of the primary reasons why Bitcoin has the ability to become very very popular that it'll eventually become scarce. Bitcoin can be used anywhere in the world, thus, it's a currency that can conquer the world of currencies. Right now, dollar seem to be the most universal fiat. But if you're going to pay a Philippine Peso in a country like Vietnam, they wouldn't recognize that money. Bitcoin, on the other hand, no matter where you are, it can be recognized.
Very well said dude, bitcoin has a great potential to be the most popular online currency in the future as anywhere it can be accepted if people will adopt on it, however the only problem I can see is on the actions of the government towards bitcoin, they are aware already of bitcoin and its popularity nowadays, if they will not support it, we will be having a problem promoting this to the majority of the people.
I agree with the fact that the government should maintain bitkoints. But beware of the fact that the government will take full control of bitkoints. Here then is the end.
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September 20, 2016, 05:50:36 PM
 #1315

One of the primary reasons why Bitcoin has the ability to become very very popular that it'll eventually become scarce. Bitcoin can be used anywhere in the world, thus, it's a currency that can conquer the world of currencies. Right now, dollar seem to be the most universal fiat. But if you're going to pay a Philippine Peso in a country like Vietnam, they wouldn't recognize that money. Bitcoin, on the other hand, no matter where you are, it can be recognized.
Very well said dude, bitcoin has a great potential to be the most popular online currency in the future as anywhere it can be accepted if people will adopt on it, however the only problem I can see is on the actions of the government towards bitcoin, they are aware already of bitcoin and its popularity nowadays, if they will not support it, we will be having a problem promoting this to the majority of the people.

Bitcoin will be the most popular currency online since in the first place, bitcoin was made purely on online transactions.

Fiat will take care most the physical transaction and bitcoin will dominates the online transactions of sending and receiving money.

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picolo
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September 20, 2016, 07:33:12 PM
 #1316

One of the primary reasons why Bitcoin has the ability to become very very popular that it'll eventually become scarce. Bitcoin can be used anywhere in the world, thus, it's a currency that can conquer the world of currencies. Right now, dollar seem to be the most universal fiat. But if you're going to pay a Philippine Peso in a country like Vietnam, they wouldn't recognize that money. Bitcoin, on the other hand, no matter where you are, it can be recognized.

Bitcoin can be divided at will though.

Bitcoin is a great honest currency.
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September 20, 2016, 08:39:28 PM
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I think it already is. Anyone  around the world can  use it. But many people still don't  know the real potential  of the currency  and possible applications for it.
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September 20, 2016, 11:26:35 PM
 #1318

One of the primary reasons why Bitcoin has the ability to become very very popular that it'll eventually become scarce. Bitcoin can be used anywhere in the world, thus, it's a currency that can conquer the world of currencies. Right now, dollar seem to be the most universal fiat. But if you're going to pay a Philippine Peso in a country like Vietnam, they wouldn't recognize that money. Bitcoin, on the other hand, no matter where you are, it can be recognized.
Very well said dude, bitcoin has a great potential to be the most popular online currency in the future as anywhere it can be accepted if people will adopt on it, however the only problem I can see is on the actions of the government towards bitcoin, they are aware already of bitcoin and its popularity nowadays, if they will not support it, we will be having a problem promoting this to the majority of the people.

Bitcoin will be the most popular currency online since in the first place, bitcoin was made purely on online transactions.

Fiat will take care most the physical transaction and bitcoin will dominates the online transactions of sending and receiving money.

and we are seeing that every person with their business is going to shift to online world now everyone prefer digital system of business so the use of fiat will remain much lower and bitcoin will have dominance over all other currencies. In the coming future we will see that even governments will approve bitcoin for their financial affairs and will support that currency as this currency is a worldwide currency which have no any single nation owner.
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September 21, 2016, 01:39:46 AM
 #1319

My answer  would be that's true. Bitcoin has become  a global currency, in Australia for  example, btc will save  for people hundreds of billions of dollars  per year, due to transactions fees.
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September 21, 2016, 02:57:04 AM
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My answer  would be that's true. Bitcoin has become  a global currency, in Australia for  example, btc will save  for people hundreds of billions of dollars  per year, due to transactions fees.
That's right, I believe bitcoin is the future of currency because of the benefits we can get that other currency is not offering, bitcoin is unique as it is decentralized and it can be considered as investment as well, I hope we will continue to support bitcoin so we can witness its continued success.

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