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Author Topic: Bitcoin is Becoming a Global Currency  (Read 226328 times)
Bondho Kompeni
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August 08, 2017, 01:33:29 AM
 #2381

I think this is a new discourse and still a long way to go, for example is a problem of slow transaction confirmation, I'm afraid if users go 100% in this year then many unconfirmed transactions.


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August 08, 2017, 02:12:19 AM
 #2382

This is a good time to immediately legalize bitcoin, if we care about the equity of the economy and wealth, then bitcoin is the solution and I agree if bitcoin is becoming a global currency.
It was made as a GLOBAL CURRENCY, LOL. Well I think that's the main concept of Bitcoin and its decentralization. For us to be able to utilize it as we see fit. True, legalizing it would be the best option now, in order for the people to accept and adapt Bitcoin more easily. And for us to be able to take advantage now to explain to them what are the benefits of Bitcoin.
Bitcoin is already global currency however, the only problem is? It is not registered or legalize in the government, that's why it was hard to us to use bitcoin in terms of exchanging items or goods. Because locally it was not accepted as currencies in our country, we need first to convert it before used.
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August 08, 2017, 02:48:10 AM
 #2383

I think this is a new discourse and still a long way to go, for example is a problem of slow transaction confirmation, I'm afraid if users go 100% in this year then many unconfirmed transactions.

Why you guys are keep on mentioning about the slow transaction confirmation? if you want a fast transaction then just pay the highest fee and what's happening now the network seems to be upgraded. The fees are lower and there's an improvement in terms of the speed of transactions getting confirmation from the miners.



 

 

 

 

 

 


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goldcoinminer
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August 08, 2017, 06:45:16 AM
 #2384

I think this is a new discourse and still a long way to go, for example is a problem of slow transaction confirmation, I'm afraid if users go 100% in this year then many unconfirmed transactions.

Why you guys are keep on mentioning about the slow transaction confirmation? if you want a fast transaction then just pay the highest fee and what's happening now the network seems to be upgraded. The fees are lower and there's an improvement in terms of the speed of transactions getting confirmation from the miners.
People want cheap and fast transaction, in the past we always say that we should use bitcoin because it's fast and cheap but now it's the opposite
we are getting, good thing there is a segwit that will be activated soon, hope this will solve the problem, I'll wait for it and it's the reason
why bitcoin has break it's all time high now.
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August 08, 2017, 07:01:49 AM
 #2385

Bitcoin does not become a global currency, because it is already a global currency from the very beginning. People from all over the world use it and no state government controls it.
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August 08, 2017, 08:41:24 AM
 #2386

its now a Global Currency why?  because we can use it any place and its not just a Global Currency it is become a life investment . .
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August 08, 2017, 09:02:05 AM
 #2387

Bitcoin does not become a global currency, because it is already a global currency from the very beginning. People from all over the world use it and no state government controls it.
But its use is limited to the internet. May be the meaning of the global currency is, into the currency that is recognized on the internet, or in the real world by all countries. Well, bitcoin has a great potential for it.
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August 08, 2017, 09:10:21 AM
 #2388

I think that bitcoin is already a global world currency, because they can make purchases, pay bills and even in some establishments it is already possible to pay with bitcoin.

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August 08, 2017, 11:32:28 AM
 #2389

I think that bitcoin is already a global world currency, because they can make purchases, pay bills and even in some establishments it is already possible to pay with bitcoin.
We will definitely gonna see more stores or merchants that will be accepting bitcoin and will happen in different part of the world who adopted bitcoin. It's too early now but we can already see how aggressive the progress is, with this to continue, I mean the trend we can surely see bitcoin will become more popular payment system in the world soon.

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August 08, 2017, 03:15:43 PM
 #2390

Currently bitcoin is not yet fully a global currency because there are still some countries that prohibit the use of bitcoin, but this is certainly not an obstacle to the continued development of bitcoin.
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August 08, 2017, 09:22:27 PM
 #2391

I think this is a new discourse and still a long way to go, for example is a problem of slow transaction confirmation, I'm afraid if users go 100% in this year then many unconfirmed transactions.

Why you guys are keep on mentioning about the slow transaction confirmation? if you want a fast transaction then just pay the highest fee and what's happening now the network seems to be upgraded. The fees are lower and there's an improvement in terms of the speed of transactions getting confirmation from the miners.
People want cheap and fast transaction, in the past we always say that we should use bitcoin because it's fast and cheap but now it's the opposite
we are getting, good thing there is a segwit that will be activated soon, hope this will solve the problem, I'll wait for it and it's the reason
why bitcoin has break it's all time high now.

It will definitely solve the problem when it comes to transaction I'm happy now that I'm paying less than 0.001 BTC as I experienced to pay that amount before. But right now I did saw the big changes and on how it made the transaction fee cheaper. Before I've been using xapo that is free but it has now a bigger fee, I just don't have any update if they are still charging 0.001 BTC for the fee.



 

 

 

 

 

 


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MyIdeas
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August 08, 2017, 09:34:18 PM
 #2392

Currently bitcoin is not yet fully a global currency because there are still some countries that prohibit the use of bitcoin, but this is certainly not an obstacle to the continued development of bitcoin.
Some countries have prohibited it in their countries but they will sooner start to adopt it for their country when they will know that bitcoin will start to use for online international business as if they will then deny then they will deny their success in development.
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August 08, 2017, 10:50:57 PM
 #2393

Currently bitcoin is not yet fully a global currency because there are still some countries that prohibit the use of bitcoin, but this is certainly not an obstacle to the continued development of bitcoin.
Some countries have prohibited it in their countries but they will sooner start to adopt it for their country when they will know that bitcoin will start to use for online international business as if they will then deny then they will deny their success in development.
i think it is depending on the interest of the people if people are interested in bitcoin i am sure that their government will also take a very positive step about bitcoin and they will surely accept bitcoin as legal currency of the world, and i am also sure that very soon bitcoin will become a global currency when all the countries will accept  bitcoin as legal currency.

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August 08, 2017, 10:58:29 PM
 #2394

Currently bitcoin is not yet fully a global currency because there are still some countries that prohibit the use of bitcoin, but this is certainly not an obstacle to the continued development of bitcoin.
Some countries have prohibited it in their countries but they will sooner start to adopt it for their country when they will know that bitcoin will start to use for online international business as if they will then deny then they will deny their success in development.
Though bitcoin is prohibited in several countries, they have been in hard study about the good and the way it can take the country to a higher growth level in all fields. From economy to technology advancement, so the participation of bitcoin will increase big by the falling years making it a global currency.

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August 08, 2017, 11:24:45 PM
 #2395

Currently bitcoin is not yet fully a global currency because there are still some countries that prohibit the use of bitcoin, but this is certainly not an obstacle to the continued development of bitcoin.
Some countries have prohibited it in their countries but they will sooner start to adopt it for their country when they will know that bitcoin will start to use for online international business as if they will then deny then they will deny their success in development.
i think it is depending on the interest of the people if people are interested in bitcoin i am sure that their government will also take a very positive step about bitcoin and they will surely accept bitcoin as legal currency of the world, and i am also sure that very soon bitcoin will become a global currency when all the countries will accept  bitcoin as legal currency.
I think without the need for legalization even bitcoin can be said as a global currency, Bitcoin can be used anywhere in the world, in many countries, you just need internet to be used in the world, I think it proves that bitcoin is included in global currency
marcuslong
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August 08, 2017, 11:33:20 PM
 #2396

Bitcoin does not become a global currency, because it is already a global currency from the very beginning. People from all over the world use it and no state government controls it.
True bitcoin is a global currency that can be use around internet where we can use it from investments and tradings and earn profit from it other government already considered bitcoin as a part of economic that helps people to earn too hense don't abuse your self by earnings in the right time you will learn about how you can earn by your koney
mornabo
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August 10, 2017, 12:57:50 AM
 #2397

Currently bitcoin is not yet fully a global currency because there are still some countries that prohibit the use of bitcoin, but this is certainly not an obstacle to the continued development of bitcoin.
Some countries have prohibited it in their countries but they will sooner start to adopt it for their country when they will know that bitcoin will start to use for online international business as if they will then deny then they will deny their success in development.
i think it is depending on the interest of the people if people are interested in bitcoin i am sure that their government will also take a very positive step about bitcoin and they will surely accept bitcoin as legal currency of the world, and i am also sure that very soon bitcoin will become a global currency when all the countries will accept  bitcoin as legal currency.
I think most people have liked the new innovation of bitcoin, but the problem is not from the attraction of people on bitcoin. The government will definitely stick the bitcoin if bitcoin can be controlled or in the sense that decentralization and anonymity are lost. Without the need for it to happen bitcoin has become an international currency dude
ajmapalo22
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August 10, 2017, 01:14:28 AM
 #2398

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
guoyu78
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August 11, 2017, 08:56:37 AM
 #2399

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
There is no doubt in this fact that bitcoins have become global currency. People loving to use bitcoins for international transactions and are also using them for purchasing things usually online. If bitcoins will be used by people at the same pace for common purposes, soon they are going to be made legal worldwide.
NoNetwork
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August 11, 2017, 03:51:05 PM
 #2400

Bitcoin does not become a global currency, because it is already a global currency from the very beginning. People from all over the world use it and no state government controls it.
True bitcoin is a global currency that can be use around internet where we can use it from investments and tradings and earn profit from it other government already considered bitcoin as a part of economic that helps people to earn too hense don't abuse your self by earnings in the right time you will learn about how you can earn by your koney
What? I don't understand what you're saying mate. This is what I know, Bitcoin is already a global currency and and is already been using throughout the world. I don't know if it is already part of the economy as we know, since Bitcoin is decentralized and the government doesn't have any connection whatsoever. Well maybe it is already part of the economy to those who're already accepted Bitcoin in their country as for their daily use.
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