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Author Topic: Bitcoin is Becoming a Global Currency  (Read 226398 times)
Flodemaga
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October 05, 2017, 11:35:45 AM
 #2561

I dont know where did you got those stats, bitcoin is being used and trader at several countries, sure USA,China, Japan might have the biggest volume but there are more countries showing up. Bitcoin is already a global currencie, even not being recognized yet, but it is, we can send any bitcoin from country a to country b, allowing the receiver to exchange into its local currencie.
Hishand
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October 07, 2017, 06:29:33 AM
 #2562

Ngee bitcoin can not grow to be world forex simply because some nations banned bitcoin.And banks will absolutely locate a way so bitcoin will fall.Also we want fiat to adjust to bitcoin then deliver to about the globe.
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October 07, 2017, 04:18:55 PM
 #2563

It is estimated that 51% of Bitcoin users are outside of the United States, so the idea of separating global currency from the U.S. is feasible. Several countries and thousands of vendors are already accepting Bitcoin technology as a form of payment, which means this adoption of payment will only grow.

49% users in United States? Not at all. Give us a source please.

I remember some of USA agencies showed up the percentage of bitcoin users around the globe according to the percentage, and USA was having like 25% of total users, not 50%.
mozillaspez
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October 11, 2017, 04:16:40 AM
 #2564

I dont know where did you got those stats, bitcoin is being used and trader at several countries, sure USA,China, Japan might have the biggest volume but there are more countries showing up. Bitcoin is already a global currencie, even not being recognized yet, but it is, we can send any bitcoin from country a to country b, allowing the receiver to exchange into its local currencie.
I also use bitcoin for sending one country to another country now this time bitcoin is a big currency anyone want you use for treading bitcoin become 1 powerful currency in all worldwide
brascopck
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October 11, 2017, 04:22:15 AM
 #2565

i do not think bitcoin is becoming a global currency yet but it is gaining some popularity right now because of its potential value being good investment currency. Though it is use by some industries for their transactions so we might see into the future where most businesses uses bitcoin.

It is, bitcoin is still not become a global currency but we on the way to become a global currency. Bitcoin is popular indeed but not much popular in some countries but i'm sure in the next 1-3 years more people will recognize bitcoin and bitcoin user become more and more.
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October 11, 2017, 05:37:16 AM
 #2566

i do not think bitcoin is becoming a global currency yet but it is gaining some popularity right now because of its potential value being good investment currency. Though it is use by some industries for their transactions so we might see into the future where most businesses uses bitcoin.

It is, bitcoin is still not become a global currency but we on the way to become a global currency. Bitcoin is popular indeed but not much popular in some countries but i'm sure in the next 1-3 years more people will recognize bitcoin and bitcoin user become more and more.
What more important is that the progress continues, bitcoin is going to be popular and will become a global currency.
There is no barrier because this one is not controlled by the government and we are free to use this at any purpose we liked to.
Users now are not really that much but when the adoption rate is really amazing, though we do not have specific number to support but the tend itself will tell.
resty
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October 11, 2017, 06:45:12 AM
 #2567

I'm not sure I would class some of those countries as 'major' ... but there is a general sense now that bitcoins are leaving the USA, and at an accelerating rate.


It is possible, but the existing fiat money are still available anytime I think all of these are not exactly being canceled and replaced it  into Bitcoin currency, this is additional currency in whole country in the future.
Tukang Becak
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October 11, 2017, 07:34:34 AM
 #2568

If compared to a regular currency such as USD, Euro, or others, I think bitcoin is more worthy of being a global currency because it is easier and simpler and does not require high fees if the transaction.
voltesbit777
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October 11, 2017, 07:50:07 AM
 #2569

Bitcoin is already a global currency, If I am not mistaken its been a years that bitcoin had became well known in different countries, though still there more nations are not aware in bitcoin.
tyronecoinbit
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October 11, 2017, 08:00:27 AM
 #2570

It is becoming the a global currency since a lot of people were using it worldwide. There are stores that are now accepting bitcoin as mode of payment. Also, bitcoin can now be used in paying bills in our country. It is now becoming popular and being trusted by most of the people.
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October 11, 2017, 08:06:41 AM
 #2571

Bitcoin is not yet a global currency and has many problems.If bitcoin can solve its problems, it will be a global currency.
AnnaRasskazova
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October 11, 2017, 08:17:06 AM
 #2572

I'm not sure I would class some of those countries as 'major' ... but there is a general sense now that bitcoins are leaving the USA, and at an accelerating rate.


It is possible, but the existing fiat money are still available anytime I think all of these are not exactly being canceled and replaced it  into Bitcoin currency, this is additional currency in whole country in the future.

Bitcoin will always remain an alternative currency. Not all people will use it, because many simply do not trust crypto currency. But I am sure that in the future the crypto currency will be very popular

katiecbell
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October 12, 2017, 06:42:06 AM
 #2573

Is a global currency due to the fact there are individuals utilizing it in lot of countries. For now couple of individuals but is developing its foundation of end users.
Yes its true bit coin is becoming global currency and of course it will because of its friendly nature. In my point of view it will become global currency with in fifteen to twenty years as the people after twenty years are now of twenty to thirty years and after twenty years they will be of forty to fifty years with an idea of bit coin in min.

soon these people will become govt officials and law makers so it will be very easy for bit coin to become as commercial currency.
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October 12, 2017, 06:45:29 AM
 #2574

Bitcoin is the undisputed Internet currency to date. It has dominate the WWW for the last three years as monetary system to it. It is safe and cannot be counterfeited. So miners really have a significant role to maintain the network running.

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farhaan
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October 12, 2017, 08:28:35 AM
 #2575

Yes,bitcoin has now almost become a global currency now.It has made its value also to rise very high.That's why china and russia have started to worry about its progress.They never thought that bitcoin would grow this much big and they have started to take actions against it.On the other hand,most countries like japan,vietnam,australia,philippines have started welcoming it by either legalizing or regulating it.Localbitcoins.com is now providing service of buying and selling bitcoins for local currencies in more that 249 countries.That clearly shows that bitcoin has almost become a global currency.

Whatever actions taken against it,nothing has able to stop its progress and its marching towards the price of $5,000.

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Jose Mourinho
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October 12, 2017, 09:52:24 AM
 #2576

Yes true, with users who continue to grow and the price continues to make expensive bitcoin worthy as a global currency and replace the regular currency, but there are still many things to be solved for example is the problem of the speed of transaction.

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betMaster
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October 12, 2017, 10:27:16 AM
Last edit: October 12, 2017, 05:16:56 PM by betMaster
 #2577

I believe bitcoin became an international currency a while ago and not recently. I don't remember that I've witnessed a currency reaching this value as it surpassed 5000$ just today. Number of users is getting more and more day by day and that's what will make it number one used currency online if it is not already number one. And what makes it the best, is it proprieties. The fees are so small compared to the money sent from account to account and it is leave no trace or history. It means you are totally safe when you do business with bitcoin.
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October 12, 2017, 10:39:48 AM
 #2578

Well if the bitcoin will be a global currency now a days it is much better so that people can easily buy what they want using bitcoin.
And it is good that bitcoin will be global, it helps a lot in our country.

Where can you find a job that the earnings are come out through net? Also no hasle to do hard work.

You only need here is to be petience and be intelligence in any action you decide.
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October 12, 2017, 10:41:43 AM
 #2579

I'm honestly shocked by how many people are getting aware of BTC in the last few months...
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October 12, 2017, 10:53:45 AM
 #2580

I belive bitcoin became an internation currency a while ago and not recently. I don't remember that i've witnessed a currency reaching this value as it surpassed 5000$ just today. Number of useres is getting more and more day by day and that's what will make it number one used currency online if it is not alreasy number one. And what makes it the best, is it proprieties. The fees are so small compared to the money sent from account to account and it is leave no trace or history. It means you are totally safe when you do business with bitcoin.
Yes the transaction fees of bitcoin are much lower than the payment method that we are using in our community that's why it encourage more investors to invest in bitcoin and also the benefits when we are holding the bitcoin on which our money can grow and earn a good profit from bitcoin.

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