Bitcoin is Becoming a Global Currency

[Senor.Bla]

The more advanced civilization certainly increasingly converge all forms of payment including the currency. I believe, after the unification of European currencies, it will be overtaken by other regions and would eventually be a single currency. And bitcoin had the opportunity to become a global currency.

You know time is running and the public will be more advanced and of course people will use age appropriate technology as well as the currency, I'm sure they will start using bitcoin in the future

It could happen but not all has the capacity to understand how to use bitcoin, it's pretty complicated for simple user who are not actively transacting online. It will become a global currency but never expect that majority of the worlds population will adopt. It will be only be dominant online, but will not affect the physical world offline transaction.

i would say, that it totally depends on the people in power. if they have in interest in making bitcoin the prime currency, then they will. governments can make you to use it. simple as that. and they do not care if it is complicated or not. right now people all constantly using thing they have no clue about and most also do not understand money.

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[btcdiggingmaster]

Yes bitcoin is going to become global currency very soon because i see in localbitcoin there are many countries people are approching buying and selling their bitcoins on daily basis, till now USD has great demand every country, many people are storing the bitcoin for future, may be banks will also accept bitcoins very soon.

[zoose]

Wait till economies like Africa, India start implementing it in their lives in micro economies. It will be interesting to see.

[deisik]

You know time is running and the public will be more advanced and of course people will use age appropriate technology as well as the currency, I'm sure they will start using bitcoin in the future

It could happen but not all has the capacity to understand how to use bitcoin, it's pretty complicated for simple user who are not actively transacting online. It will become a global currency but never expect that majority of the worlds population will adopt. It will be only be dominant online, but will not affect the physical world offline transaction.

i would say, that it totally depends on the people in power. if they have in interest in making bitcoin the prime currency, then they will. governments can make you to use it. simple as that. and they do not care if it is complicated or not. right now people all constantly using thing they have no clue about and most also do not understand money.

But what could potentially make them interested in Bitcoin?

With fiat they can strip masses off of their wealth, with Bitcoin that would be next to impossible. Bitcoin, though itself being only pseudoanonymous, is already a pain in their ass in this respect, and tracing its transactions is a by far more challenging task than tracing fiat transactions made through banks, which are totally transparent to them. And then there's a question of taxes. How are they going to collect taxes if Bitcoin is to be made into the "prime currency"?

[Senor.Bla]

You know time is running and the public will be more advanced and of course people will use age appropriate technology as well as the currency, I'm sure they will start using bitcoin in the future

It could happen but not all has the capacity to understand how to use bitcoin, it's pretty complicated for simple user who are not actively transacting online. It will become a global currency but never expect that majority of the worlds population will adopt. It will be only be dominant online, but will not affect the physical world offline transaction.

i would say, that it totally depends on the people in power. if they have in interest in making bitcoin the prime currency, then they will. governments can make you to use it. simple as that. and they do not care if it is complicated or not. right now people all constantly using thing they have no clue about and most also do not understand money.

But what could potentially make them interested in Bitcoin?

With fiat they can strip masses off of their wealth, with Bitcoin that would be next to impossible. Bitcoin, though itself being only pseudoanonymous, is already a pain in their ass in this respect, and tracing its transactions is a by far more challenging task than tracing fiat transactions made through banks, which are totally transparent to them. And then there's a question of taxes. How are they going to collect taxes if Bitcoin is to be made into the "prime currency"?

i do not know what would make them interested in bitcoin. but i know when. just wait until they find a way for bitcoin to work in their favor.
as for the texas, i expect it to work the same as now. why would it be different?

[zikel]

Yes bitcoin is going to become global currency very soon because i see in localbitcoin there are many countries people are approching buying and selling their bitcoins on daily basis, till now USD has great demand every country, many people are storing the bitcoin for future, may be banks will also accept bitcoins very soon.

Yes, some banks have already taken steps towards implementation of Bitcoin. Around the world, Bitcoin is becoming more popular every day. Many see it as a big potential. Bitcoin has an international currency

[target]

Yes bitcoin is going to become global currency very soon because i see in localbitcoin there are many countries people are approching buying and selling their bitcoins on daily basis, till now USD has great demand every country, many people are storing the bitcoin for future, may be banks will also accept bitcoins very soon.

Yes, some banks have already taken steps towards implementation of Bitcoin. Around the world, Bitcoin is becoming more popular every day. Many see it as a big potential. Bitcoin has an international currency

I also heard they are creating their own blockchain so they could be creating their own and not bitcoin. Which banks are you talking? its going to be a huge news if its publicized.

[Taksonas]

Yes bitcoin is going to become global currency very soon because i see in localbitcoin there are many countries people are approching buying and selling their bitcoins on daily basis, till now USD has great demand every country, many people are storing the bitcoin for future, may be banks will also accept bitcoins very soon.

Yes, some banks have already taken steps towards implementation of Bitcoin. Around the world, Bitcoin is becoming more popular every day. Many see it as a big potential. Bitcoin has an international currency

I also heard they are creating their own blockchain so they could be creating their own and not bitcoin. Which banks are you talking? its going to be a huge news if its publicized.

That would be sick and I really hope on this it would be pretty awesome!!

[Betwrong]

The more advanced civilization certainly increasingly converge all forms of payment including the currency. I believe, after the unification of European currencies, it will be overtaken by other regions and would eventually be a single currency. And bitcoin had the opportunity to become a global currency.

Bitcoin has all the chances, I agree. The beauty of it is that no one can manipulate Bitcoin. Well they can theoretically but in practice you are risking to lose lots of money if you are trying to do that. I mean billions of dollars, that's not something you can afford to risk easily.

[deadpoolx]

Bitcoin can be used anywhere in the world, but I think this is not yet the time to say that Bitcoin is a global currency. The vast majority of people on the planet don't know what Bitcoin is and what is the use of it. The upside is that the number of people interested in learning about it increases significantly, today there is a much larger community compared to a few years ago.

[delliaerd]

Bitcoin can be used anywhere in the world, but I think this is not yet the time to say that Bitcoin is a global currency. The vast majority of people on the planet don't know what Bitcoin is and what is the use of it. The upside is that the number of people interested in learning about it increases significantly, today there is a much larger community compared to a few years ago.

If we want to see bitcoin as global currency that regulated by every government in the world, we have to waiting for atleast a few decade. Becouse it is not easy business to make really big change in worlds payment system. Every prople in the worls must be know about bitcoin, how it is work and how to use it. But I am really sure that all people will not find any difficulty to learn about bitcoin.

[Positid]

Bitcoin can be used anywhere in the world, but I think this is not yet the time to say that Bitcoin is a global currency. The vast majority of people on the planet don't know what Bitcoin is and what is the use of it. The upside is that the number of people interested in learning about it increases significantly, today there is a much larger community compared to a few years ago.

If we want to see bitcoin as global currency that regulated by every government in the world, we have to waiting for atleast a few decade. Becouse it is not easy business to make really big change in worlds payment system. Every prople in the worls must be know about bitcoin, how it is work and how to use it. But I am really sure that all people will not find any difficulty to learn about bitcoin.

We do not need because it's not gonna happen, bitcoin will destroy the system of the government from centralized to decentralized. You have no idea what will be the effect if that happens, I can see there will be a big chaos as no one will control us already and there's no restriction as complete freedom is what we have.

[ged00u]

Bitcoin can be used anywhere in the world, but I think this is not yet the time to say that Bitcoin is a global currency. The vast majority of people on the planet don't know what Bitcoin is and what is the use of it. The upside is that the number of people interested in learning about it increases significantly, today there is a much larger community compared to a few years ago.

If we want to see bitcoin as global currency that regulated by every government in the world, we have to waiting for atleast a few decade. Becouse it is not easy business to make really big change in worlds payment system. Every prople in the worls must be know about bitcoin, how it is work and how to use it. But I am really sure that all people will not find any difficulty to learn about bitcoin.

I agree with you, Bitcoin still need more years ahead to be accepted and be well-known by people and governments. We are living in the cyber world so i believe it is easy for people to understand how Bitcoin work and how can it suit to our life. And if everything work smoothly, Bitcoin will become the world only currency on this planet. I believe so

[Rahar02]

Bitcoin can be used anywhere in the world, but I think this is not yet the time to say that Bitcoin is a global currency. The vast majority of people on the planet don't know what Bitcoin is and what is the use of it. The upside is that the number of people interested in learning about it increases significantly, today there is a much larger community compared to a few years ago.

If we want to see bitcoin as global currency that regulated by every government in the world, we have to waiting for atleast a few decade. Becouse it is not easy business to make really big change in worlds payment system. Every prople in the worls must be know about bitcoin, how it is work and how to use it. But I am really sure that all people will not find any difficulty to learn about bitcoin.

We do not need because it's not gonna happen, bitcoin will destroy the system of the government from centralized to decentralized. You have no idea what will be the effect if that happens, I can see there will be a big chaos as no one will control us already and there's no restriction as complete freedom is what we have.

It will happen imho, bitcoin could be and has high chance to become global currency that accepted everywhere even we do need waiting for decades, but bitcoin won't destroy government system instead of a little change in financial and payment method.

[X-ray]

Bitcoin can be used anywhere in the world, but I think this is not yet the time to say that Bitcoin is a global currency. The vast majority of people on the planet don't know what Bitcoin is and what is the use of it. The upside is that the number of people interested in learning about it increases significantly, today there is a much larger community compared to a few years ago.

If we want to see bitcoin as global currency that regulated by every government in the world, we have to waiting for atleast a few decade. Becouse it is not easy business to make really big change in worlds payment system. Every prople in the worls must be know about bitcoin, how it is work and how to use it. But I am really sure that all people will not find any difficulty to learn about bitcoin.

We do not need because it's not gonna happen, bitcoin will destroy the system of the government from centralized to decentralized. You have no idea what will be the effect if that happens, I can see there will be a big chaos as no one will control us already and there's no restriction as complete freedom is what we have.

I think the government will take an action immediately before that's going to happen, when bitcoin becoming a threat for them then they will stricting the use of bitcoin, banned, or may even spread false information about bitcoin so people will be getting worried to use it. i know that government will do anything to make everything in their control

[serjent05]

Bitcoin can be used anywhere in the world, but I think this is not yet the time to say that Bitcoin is a global currency. The vast majority of people on the planet don't know what Bitcoin is and what is the use of it. The upside is that the number of people interested in learning about it increases significantly, today there is a much larger community compared to a few years ago.

If we want to see bitcoin as global currency that regulated by every government in the world, we have to waiting for atleast a few decade. Becouse it is not easy business to make really big change in worlds payment system. Every prople in the worls must be know about bitcoin, how it is work and how to use it. But I am really sure that all people will not find any difficulty to learn about bitcoin.

We do not need because it's not gonna happen, bitcoin will destroy the system of the government from centralized to decentralized. You have no idea what will be the effect if that happens, I can see there will be a big chaos as no one will control us already and there's no restriction as complete freedom is what we have.

Lol just have a break and drink coffee pal, and avoid reading too much fantasy books.  Government have the authority, bitcoin is just one of those that is subject to government authority / regulations, that is if government recognize it as currency.  No matter how you protest, government have the power.  Not the other way around.

[audaciousbeing]

Yes bitcoin is going to become global currency very soon because i see in localbitcoin there are many countries people are approching buying and selling their bitcoins on daily basis, till now USD has great demand every country, many people are storing the bitcoin for future, may be banks will also accept bitcoins very soon.

Bitcoin in every truthfulness is gradually becoming global currency because the rapid increase in its popularity is just something moving in that direction. However, to the achievement of that is something that might not be achieved very soon because of the interest of government in all this, that alone is not something that can be wished away in which is fully implemented will go a long way in making or marring the objective.

[deisik]

Bitcoin can be used anywhere in the world, but I think this is not yet the time to say that Bitcoin is a global currency. The vast majority of people on the planet don't know what Bitcoin is and what is the use of it. The upside is that the number of people interested in learning about it increases significantly, today there is a much larger community compared to a few years ago.

If we want to see bitcoin as global currency that regulated by every government in the world, we have to waiting for atleast a few decade. Becouse it is not easy business to make really big change in worlds payment system. Every prople in the worls must be know about bitcoin, how it is work and how to use it. But I am really sure that all people will not find any difficulty to learn about bitcoin.

We do not need because it's not gonna happen, bitcoin will destroy the system of the government from centralized to decentralized. You have no idea what will be the effect if that happens, I can see there will be a big chaos as no one will control us already and there's no restriction as complete freedom is what we have.

Lol just have a break and drink coffee pal, and avoid reading too much fantasy books.  Government have the authority, bitcoin is just one of those that is subject to government authority / regulations, that is if government recognize it as currency.  No matter how you protest, government have the power.  Not the other way around.

Bitcoin may be not their major pain in the ass as of now

Government certainly has the power, but that's not their power. They are in effect using the power against the same people which they stole, took  or usurped that power from. A president or dictator has little power on his own, it is the power of others that he uses in his favor. Bitcoin itself can do nothing directly in this respect, but when people see that the power of money can be taken from the government, they will start questioning other facets of it as well. And that's what all governments dread most

[lakisis]

Yes bitcoin is going to become global currency very soon because i see in localbitcoin there are many countries people are approching buying and selling their bitcoins on daily basis, till now USD has great demand every country, many people are storing the bitcoin for future, may be banks will also accept bitcoins very soon.

i agree with you bitcoin really become a global currency in the near future and its true that bitcoin is very popular in every country and every country people are using bitcoin and people adopting bitcoin in huge amount and then holding it for the future because everyone know that bank will be accept the bitcoin sooner.

[butcherboss]

Bitcoin started out small but it has been growing ever since it is no longer confined to certain contries or areas it is going global. Soon bitcoin will be used all over the world.