Bitcoin is Becoming a Global Currency

[Blackdeath]

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.

You are right because bitcoin is now getting in lined with the top most currency in the world. With its popularity among many people around the world, its usage is rising due to the great count of users that have already been using it and as an effect of it, bitcoin is now getting into its peak to be one of the most used and popular currency worldwide. But bitcoin is not just a typical currency that was use worldwide. It as a crypto currency that has a capability to uphold and change one's life that is why it is getting more popular.

[deisik]

Its almost becoming very known now. BITCOIN will soon be a global currency and banks are gonna go crazy when this happen. The more they kept bitcoin out of the mainstream media, its always on the social media like facebook where people are 24/7.

Do you really have physical or any real evidence at all the support your claim on banks trying to hinder Bitcoin's success? Because it is crazy to think that a business related to holding currency be threatened because of the existence of Bitcoin. If I am a bank owner I wouldn't be threatened at all, because if you think it this way I have other means of revenue such as credit card interests, loan re-payments, foreclosed properties which I know will be with me in the long run. Also at the end of the day we will find ourselves using the services of these banks.

I wouldn't say that banks are in danger, either

We are very from that point actually, thus I can't say that banks feel threatened somehow or anything to that tune. I'd rather say they are curious about the Bitcoin technology and whether it is worth looking into (read whether they can make money off it). If anything, they can always embrace the technology if it is really worth their time and effort, so if Bitcoin (or any other cryptocurrency, for that matter) goes mainstream eventually, they would have plenty of time to jump on the bandwagon anyway

[KennyR]

Its almost becoming very known now. BITCOIN will soon be a global currency and banks are gonna go crazy when this happen. The more they kept bitcoin out of the mainstream media, its always on the social media like facebook where people are 24/7.

Do you really have physical or any real evidence at all the support your claim on banks trying to hinder Bitcoin's success? Because it is crazy to think that a business related to holding currency be threatened because of the existence of Bitcoin. If I am a bank owner I wouldn't be threatened at all, because if you think it this way I have other means of revenue such as credit card interests, loan re-payments, foreclosed properties which I know will be with me in the long run. Also at the end of the day we will find ourselves using the services of these banks.

I wouldn't say that banks are in danger, either

We are very from that point actually, thus I can't say that banks feel threatened somehow or anything to that tune. I'd rather say they are curious about the Bitcoin technology and whether it is worth looking into (read whether they can make money off it). If anything, they can always embrace the technology if it is really worth their time and effort, so if Bitcoin (or any other cryptocurrency, for that matter) goes mainstream eventually, they would have plenty of time to jump on the bandwagon anyway

Agreed, banks are much focused towards the blockchain technology. Several financial institutes have found this to be worthy and has started researching about the implementation of bitcoin along with their banking system. This could popularize the particular banking service as more adoption has been taking place. From the knowledge I've its not that easy to have bitcoin to go mainstream as it is very young with few years of history for its forward move towards the next goal.

[batang_bitcoin]

all county will accept bitcoin as payment and exchange same day. and bitcoin will be the  global currency. And increase rapidly and unstoppable  even a government can not stop bitcoin .and bitcoin will be legal to the all county not just bitcoin but all crypto currency like ethereum and litecoin

It's going to happen soon and those countries now that are prohibiting withdrawals and any transactions related to bitcoin will change their minds. Later on, they will be one of those countries that are happily endorsing bitcoin to their citizens. I have seen too that there are some other coins that are supported by other countries like monacoin.

[maydna]

all county will accept bitcoin as payment and exchange same day. and bitcoin will be the  global currency. And increase rapidly and unstoppable  even a government can not stop bitcoin .and bitcoin will be legal to the all county not just bitcoin but all crypto currency like ethereum and litecoin

i am sure that in all country bitcoin become as payment and exchange too but to become the global currency, i think there will be a time for bitcoin later and before this, we need to know what is the criteria to be currency in one country and not only work as payment or as exchange. bitcoin itself need to be more growing and maybe need to be as bridge between government and bitcoin user, but government can not controlling bitcoin directly.

[mirakal]

all county will accept bitcoin as payment and exchange same day. and bitcoin will be the  global currency. And increase rapidly and unstoppable  even a government can not stop bitcoin .and bitcoin will be legal to the all county not just bitcoin but all crypto currency like ethereum and litecoin

i am sure that in all country bitcoin become as payment and exchange too but to become the global currency, i think there will be a time for bitcoin later and before this, we need to know what is the criteria to be currency in one country and not only work as payment or as exchange. bitcoin itself need to be more growing and maybe need to be as bridge between government and bitcoin user, but government can not controlling bitcoin directly.

Whatever the criteria is, it should be approved by the government, as it is getting more popular the threat to use it in illegal activities especially on money laundering is getting bigger so expect this will be regulated and when there is a regulation we need to comply with the law of the government to remain safe and enjoy using bitcoin.

[MoneyIsDebt]

Its almost becoming very known now.  will soon be a global currency and banks are gonna go crazy when this happen. The more they kept  out of the mainstream media, its always on the social media like facebook where people are 24/7.

Already it is a global currency because now many countries accept  as legal currency. So it has already proved that  has become a global currency. Very soon many countries will start accepting  as their payment option.

if you comparing it with dollar or pound like fiat then sorry brother you are wrong. it takes a long way to reach their level. yeah but in the world of cryptocurrency yes it is a global currency from the day it has started and i don't think there is any altcoin that can replace it in the future. it was global currency it is global currency and it will be in the future.

[akar87]

Although bitcoin very popular right now, seems too early to assume bitcoin will be global currency. Because bitcoin is virtual currency that requires internet connection.

[Bacotan Bae]

If bitcoin want to be a global currency, certainly needed and done a lot of things, socialization is the most important thing because bitcoin users are still a little.

[hurain]

all county will accept bitcoin as payment and exchange same day. and bitcoin will be the  global currency. And increase rapidly and unstoppable  even a government can not stop bitcoin .and bitcoin will be legal to the all county not just bitcoin but all crypto currency like ethereum and litecoin

yes that is  right that at the end all the countries will accept bitcoin but i think it will take a lot of time because still only japan has accepted bitcoin and the reason is  that in japan the bitcoin users are more and therefore they consider bitcoin as legal currency. i think in near future we can expect that so many other countries will also turn bitcoin as legal currency and will facilitate people for to use bitcoin.

[rohn]

It will take years before that happens. Some countries are still not interested in using bitcoin. They value the use of cash in exchange for goods and other products. Bitcoin needs to be more popular first for the government to notice it and understands the bitcoin technology.

[Farma]

all county will accept bitcoin as payment and exchange same day. and bitcoin will be the  global currency. And increase rapidly and unstoppable  even a government can not stop bitcoin .and bitcoin will be legal to the all county not just bitcoin but all crypto currency like ethereum and litecoin

yes that is  right that at the end all the countries will accept bitcoin but i think it will take a lot of time because still only japan has accepted bitcoin and the reason is  that in japan the bitcoin users are more and therefore they consider bitcoin as legal currency.

Well, nowadays so many big countries are receiving bitcoin, but I do not think that's maximal yet. Maybe currently bitcoin is still in development, I feel that bitcoin will also become a global currency, because big countries have started to accept bitcoin as a legal transaction tool.

[nethan1btc]

all county will accept bitcoin as payment and exchange same day. and bitcoin will be the  global currency. And increase rapidly and unstoppable  even a government can not stop bitcoin .and bitcoin will be legal to the all county not just bitcoin but all crypto currency like ethereum and litecoin

yes that is  right that at the end all the countries will accept bitcoin but i think it will take a lot of time because still only japan has accepted bitcoin and the reason is  that in japan the bitcoin users are more and therefore they consider bitcoin as legal currency.

Well, nowadays so many big countries are receiving bitcoin, but I do not think that's maximal yet. Maybe currently bitcoin is still in development, I feel that bitcoin will also become a global currency, because big countries have started to accept bitcoin as a legal transaction tool.

That sounds a better idea for bitcoin nowadays and I appreciated much for this happens with a purpose. This now became a very popular currency this time and bitcoin development will really be a great demand, coming from interested investors who put their funds with bitcoin network as running digital wealth. So to make it as a global currency, I can see a brighter future if this will be adopted by the people worldwide and different country goverments will be considering this type of digital currency because of it's easy and fast money transactions, on different btc wallets being used privately.

[kpcian]

it is clearly to be said that Bitcoin is getting prepared for taking the place of the global currency, I certainly agree with this point. because many developed countries are using it in many circumstances. though it is different from the conventional currency. but day by day it is getting popular around the world.

so, if this rate popularity and credibility will remain same then one-day it will become a global currency.

[Undermood]

there are really plenty risks of Authority all around the world.
Yesterday Pentagon press release was pointed to authority holding risks.
All of them started in Middle East and will jump to all around world. And Bitcoin is the first weapon against authority.
This is a war (Economical)  and we have the biggest weapon . Hold your weapon and never release. Buy BTC  as much as you can.

[Taskford]

This is true that the bitcoin is becoming a global currency because of the different adoption of the government for bitcoin and it is really happening because a lot of countries are already adopted bitcoin or just starting to adopt it but we can already see the effect of it in the market price of bitcoin which is already on a high position.

[Idrisu]

Bitcoin has really become global currency. One of its attribute that I think it is functions well is it decentralisation. Bitcoin do not discriminate between countries and colour, it accept every one and any body can transfer it coins from one end to another without much discrimination and limitations.

[speedy963]

all county will accept bitcoin as payment and exchange same day. and bitcoin will be the  global currency. And increase rapidly and unstoppable  even a government can not stop bitcoin .and bitcoin will be legal to the all county not just bitcoin but all crypto currency like ethereum and litecoin

yes that is  right that at the end all the countries will accept bitcoin but i think it will take a lot of time because still only japan has accepted bitcoin and the reason is  that in japan the bitcoin users are more and therefore they consider bitcoin as legal currency.

Well, nowadays so many big countries are receiving bitcoin, but I do not think that's maximal yet. Maybe currently bitcoin is still in development, I feel that bitcoin will also become a global currency, because big countries have started to accept bitcoin as a legal transaction tool.

That sounds a better idea for bitcoin nowadays and I appreciated much for this happens with a purpose. This now became a very popular currency this time and bitcoin development will really be a great demand, coming from interested investors who put their funds with bitcoin network as running digital wealth. So to make it as a global currency, I can see a brighter future if this will be adopted by the people worldwide and different country goverments will be considering this type of digital currency because of it's easy and fast money transactions, on different btc wallets being used privately.

I also thought about it the same, well i guess maybe it will take time before some other countries recognizes or even legalize bitcoin in their own, but as we can see it is slowly lighting its way to the future, its not only that we can see brighter future but bitcoin is already the future among currency. I am not saying it could replace fiat in terms of currency but it would be great if it is already legalized all over the world.

[Natalim]

Bitcoin has really become global currency. One of its attribute that I think it is functions well is it decentralisation. Bitcoin do not discriminate between countries and colour, it accept every one and any body can transfer it coins from one end to another without much discrimination and limitations.

There is complete freedom in using bitcoin, no discrimination as we are equal here and we can protect our identify to other people
so it's safe here. Let's believe that anything can happen in the future but believe more that success will happen.

[leirou]

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.

As time goes by bitcoin/BTC adoption is getting wider and wider through out the world as of now even more countries adopted it. So theres no question that BTC might be use as a daily digital currency soon enough.