Bitcoin is Becoming a Global Currency

[SixOfFive]

It has already taken the position as global currency. People all around the world are accepting BTC a payment mode. Even Hotel, lawyer firms, Airlines are accepting BTC. Moreover growing value of BTC gained people trust. It has become the "people's currency" now. Hope it will grow more and reach to $10k till 2020

[KroFly]

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.

Yes its true bitcoin is going to become a global currency because the easy bitcoin is going popular and stronger and also his price so I think there is no doubt that bitcoin can become a globe currency and also some countries have accepted bitcoin and still, more countries are going to accepted it people they trust on bitcoin and they support bitcoin from beginning.

Now, nobody forbids us to call bitcoin a global currency. Bitcoin is used in all countries of the world. Everyone can use crypto currency regardless of which state he belongs to. Bitcoin has already conquered the world

[barabarian1]

it cant be global currency i think. many country rejected bitcoin
for me bitcoin like gold, but bitcoin on internet. we all mining bitcoin, if have enough we will sell to get money, for our need.
use for all country its not mean as global currency i think, they just exploit bitcoin more and more

[Beareonetu]

Well collectively we can make it come about and achieve these kinds of purpose but bitcoins be all over the place would be anything remarkable.And i just hope to be alive to see it come about.

[plaintiff77]

well, bitcoin is almost a currency ruler on the internet, in other words, bitcoin has defeated its rivals, because the soaring rise in bitcoin prices is proof that bitcoin is still badly needed for many people. maybe bitcoin is potentially a global currency on the internet.

The current increase on its price on the exchanges only proved that more and more people is trusting the currency and beginning to accept it's existing as an alternative for fiat.

well on my own point of view, bitcoin community is getting bigger and bigger as time passes by. therefore it has been dominating almkost globally. it rules the economy since bitcoin is at its highest rate presently. among all the currency, bitcoin is fastest to change its exchange rate.

[niceone]

I think bitcoin already is the international currency it is the only currency that is using almost around the world, but ofcourse btc still not recognized by government is not that good but i think that will gonna happen sooner that people using or appreciating bitcoin is increasing, and bitcoin really is efficient that it will really helps a lot of ordinary citizens..

[Japinat]

I think bitcoin already is the international currency it is the only currency that is using almost around the world, but ofcourse btc still not recognized by government is not that good but i think that will gonna happen sooner that people using or appreciating bitcoin is increasing, and bitcoin really is efficient that it will really helps a lot of ordinary citizens..

The government can do what they want to protect their own currency but that would not be the hindrance on the success of bitcoin.
Even it's not regulated yet in most countries but we have already seen how the people supported it, based on the total popular we can say that only few numbers are using it but the continuing popularity makes bitcoin to have a bright future ahead.

[Webetcoins]

Yes bitcoin is becoming a global currency because of its popularity and value that gives interest to every investors and keep on investing to it.

The popularity of the bitcoin is increasing more and more so it’s good to hold your bitcoin and make the bitcoin as the global currency, in the future the value of the bitcoin will be high end eh future of the bitcoin will be bright as compare to the other crypto currency. The future of the bitcoin is now very bright and the use of the bitcoin will be more than this. The bitcoin is going to be the global currency and the value will be more than this.

[kimochidesh]

Growing popularity and acceptance of BTC among the people all around the globe make it so-called GLOBAL CURRENCY. But I think it should be called the INTERNET OFFICIAL CURRENCY coz it being digital in form, it could be accessed through internet only. People who are technological unaware has never heard about such currency.

[TheAndy500]

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.

Definitely yes and we can not complain about it, finally managed to conquer most of the world and popularization will go on and it will reach everywhere.

[Swopon]

Bitcoin is becoming a global currency day by day and very soon it'll be worldwide.In near future we can trade bitcoin from every country in this world

[MMS2017]

Yes gradually if we look at the popularity of this crypto currency we will come to know that it is famous globally and if we say that in the future bitcoin will be global currency it will not a false idea. Because bitcoin is famous throughout the world. Every society is coming towards this currency and it will help them in financial problems.

[Hannahanto]

It has almost become a Global Currency in the current Market. Every fiat has risen its rate on bitcoin. its all upto bitcoins immense growth in the current Market.

[_Dawid_]

Bitcoin is already world wide currency. Every day i see more and more things selling by bitcoin. What is more interesting people don't buy this things you know why? Because bitcoin is worth more for them than a car, bike, etc. So we should draw conclusions.

[shinchan123]

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.

Not global currency totally, there are still some countries that don't accept bitcoin. Here in Philippines, there are still some establishment that don't accept bitcoin. Only few establishments and businesses accept bitcoin for transactions. I hope in the future, bitcoin can be used anywhere and anytime.

[georgiyfo]

for bitcoin becoming a world-wide currency first it need to have to be employed above all website as an on-line payment. now the numbre of internet site employing bitcoin expand day by day.and right after bitcoin get to that it will be utilised in stores and other issues and in that instant we can say that bitcoin is a world-wide forex.it have a lengthy way to pass and that will just take a prolonged time but if it continu like that it will come a day to reach that purpose.

[meanwords]

Still not yet and might took more years for bitcoin to become a global currency but as we can see, lots are making moves to spread bitcoin across the world and more investors are coming day by day. So even if it doesn't become global currency in a few years yet, atleast i'll become more known to people.

[Fretcy]

Traditional currency has a downside in terms of financial crisis so I think bitcoin is a solution to get rid of the consequences left due to the financial crisis in the global economy. Bitcoin network experiences world demand eventhough the countries were suffering from inflation and demonetization in the traditional currency this bitcoin and blockchain technology has played a vital role in uplifting the global economic conditions and raising the standards of the people.The increase in the value of bitcoins to $5627 shows that bitcoin can move to the mainstream of global financial markets, bitcoin has become a feasible investment asset.

[Rajamuda]

Seen at now bitcoin like the global currency that has been widely used by many people to transact in accordance with what they need, it's just possible from some governments of each country haven't officially authorized using of bitcoin into the legitimate currency in the country.
However there are already some countries have officially announced using of bitcoin as a legitimate currency classification for transactions, and bitcoin regulation is governed by institution within its government. And I think other countries also should following that footsteps for the sake of efficiency and also transparent in transactions and the progress of country closer to development of internet technology, especially this digital currency (bitcoin) that can be reduce unemployments / poverty.

[jekjekman]

Traditional currency has a downside in terms of financial crisis so I think bitcoin is a solution to get rid of the consequences left due to the financial crisis in the global economy. Bitcoin network experiences world demand eventhough the countries were suffering from inflation and demonetization in the traditional currency this bitcoin and blockchain technology has played a vital role in uplifting the global economic conditions and raising the standards of the people.The increase in the value of bitcoins to $5627 shows that bitcoin can move to the mainstream of global financial markets, bitcoin has become a feasible investment asset.

I am not seeing any effect on the economic condition of countries made by cryptocurrency directly at-least for now. It hasn't generated any jobs yet. What we are getting right now is another source of income (part time job).

The value that we are seeing on the exchanges are merely only affected by the increase in demand for it. Countries don't even get anything from it right now, no taxes are being collected yet.

Maybe industry who are earning from it are those who produces equipment that are used for mining and those who generates electricity to run those mining. but for the normal people not much of an effect right now.

But Bitcoin has a bright future ahead of it. Growth in the number of people trusting it is promising, people who were here first will have a big advantage to those who were not.