Bitcoin is Becoming a Global Currency

[intoy_victor]

Yeah I agree too. Bitcoin will becoming a Global Currency. It will take years before it will be. Anyways, bitcoin has a high price that could surpass any currency and even US dollar. Then bitcoin could exchange any currencies so there's no reason that bitcion will be a Global Currency.

[anttivintti]

Yeah bitcoin is becoming global currency day by day. More and more people are researching about bitcoin everyday so they will invest in Bitcoin in nearly future.

[Janation]

that would be great if bitcoin become global currency because it easy access

Unless you do not have an internet. Bitcoin becoming a global currency seems funny since bitcoin is decentralize, but I think it is a way people use the same digital currency to be transacted, pay and send. It does not mean that it is being accepted by the government, making the decentralization gone, it just mean that it is being accepted in the whole world.

[obisasskenobi]

that would be great if bitcoin become global currency because it easy access

Unless you do not have an internet. Bitcoin becoming a global currency seems funny since bitcoin is decentralize, but I think it is a way people use the same digital currency to be transacted, pay and send. It does not mean that it is being accepted by the government, making the decentralization gone, it just mean that it is being accepted in the whole world.

Bitcoin needs internet and electricity to work with and it's not simple at all. With normal cash you don't need those things.

[Kolly]

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.

Since we can transact payments for goods and services from other countries that accept bitcoin then, yes, it is indeed becoming a global currency. We can also do dollar remittances by way of bitcoin.

[Kasabus]

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.

Since we can transact payments for goods and services from other countries that accept bitcoin then, yes, it is indeed becoming a global currency. We can also do dollar remittances by way of bitcoin.

If people would be educated about bitcoin then I believe it will become useful in their lives.
WIth bitcoin transaction are more faster especially on international remittances which if you trust the bank to do it will take more than 24 hours.
Slowly but surely people will adopt with bitcoin and with our growth this will be more successful.

[Jose Rizal]

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.

Maybe , well for me Bitcoin will maybe one of the most used currency ,but to the the international or even globat currency might be too impossible given the fact that aome of the countries banned this already.

[Stac]

Bitcoin is  a global currency as many developed countries do commercial activities on bitcoins and other altcoins, In US most of the Universities started accepting bitcoin as tuition fees. Bitcoin breaks borders between countries as it makes it easier for transactions all over the world using internet with no or low transaction cost compared to other traditional ways of western money transfer and other wire transfers. Most of the shops and restaurants started accepting bitcoins as mode of payment and there are also online services and products available in exchange of bitcoins. Bitcoins as a global currency makes every one easy to travel all around the world without having to worry of exchanging to traditional currencies. Some not so developed countries have stopped    the use of bitcoins may be in the near future when the prices even shoots up all those countries will start accepting this bitcoin technology as it helps in the economic up-liftment of the country.

[azguard]

In US most of the Universities started accepting bitcoin as tuition fees.

Can you explain this which University is accepting BTC, cuz as far as I know none do this. Maybe they do but nothing official at least, cuz they must have everything in order at every years end. For global currency there is not country now that is not familiar with bitcoin in some way, how accepting and using bitcoin globally is just matter of time.

[surgical_duude]

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.

Actually Bitcoin is a common currency because it's being developed in many countries around the world, but that's just the thought of everyone. In fact Bitcoin is still considered illegal in developing countries, but there are a lot of people who disagree with the law and use it.

[RavenHood]

In my opinion, yes bitcoin is becoming a global currency in cryptocurrency world because it is the most expensive and most famous of all cryptocurrencies. But if you are saying that bitcoin is becoming global currency in the real world and will use by all people it will be very difficult.  Bitcoin has a chance to become a global currency, but the chance is very low, like 2-5% only because of some reason.

[ghost07]

Soon bitcoin will use all over the world when they see the big opportunity that bitcoin has. I think bitcoin will become global currency because the price is so expensive and lot of people already using bitcoin.

[spraypaint]

It will first have to go through a very long stage of acceptance of the general public only after that it will start to gain its value in the real world "to people who are not middle."

[Andrej Peiboski]

I don't think so: bitcoin have some structural problem that make its diffusion unsustainable. May be another crypto.
Btw, there is a long way before public acceptance of cryptocurrency

[melancoly]

I guess the only way it would be possible is when satoshi start having a much higher value and the adoption of charging in satoshi.

[davinchi]

In my opinion, yes bitcoin is becoming a global currency in cryptocurrency world because it is the most expensive and most famous of all cryptocurrencies. But if you are saying that bitcoin is becoming global currency in the real world and will use by all people it will be very difficult.  Bitcoin has a chance to become a global currency, but the chance is very low, like 2-5% only because of some reason.

Right from the time it was launched, it has always been a global currency, cause it is decentralized and serves for various purposes. No matter where you’re from, no country is excepted, unless their government decides citizens won’t make use of it.

Soon bitcoin will use all over the world when they see the big opportunity that bitcoin has. I think bitcoin will become global currency because the price is so expensive and lot of people already using bitcoin.

Bitcoin is just a stock and you shouldn’t expect everyone in the world to make use of it, cause it has a limited amount. It will just be owned by a few, but will keep on circulating constantly. It is not a currency, but an asset or crypto, mainly for investment and cam also be used in exchange for money.

[Maslate]

I don't think so: bitcoin have some structural problem that make its diffusion unsustainable. May be another crypto.
Btw, there is a long way before public acceptance of cryptocurrency

Bitcoin is the most popular in the cryptoworld and if we will consider crypto as the global currency then I think bitcoin is the one.
Right now the adoption is not that big compared to real money but I am pretty sure this will grow in the future that is why people are buying bitcoin to invest on its growing value.

[longyenthanh]

I guess the only way it would be possible is when satoshi start having a much higher value and the adoption of charging in satoshi.

I am surprised that you do not know that, but calculating in satoshi is from the beginning. The problem with its settlement is that it is still less than $0.01 - it will change automatically when price of 1 satoshi will bo more than 1 cent - that will happen soon. And i agree that this moment will be a big step for Bitcoin as a global currency.

[Visbay]

In US most of the Universities started accepting bitcoin as tuition fees.

Can you explain this which University is accepting BTC, cuz as far as I know none do this. Maybe they do but nothing official at least, cuz they must have everything in order at every years end. For global currency there is not country now that is not familiar with bitcoin in some way, how accepting and using bitcoin globally is just matter of time.

Yes bitcoin is becoming a global currency because in a very short time bitcoin reached too many countries and still it’s trying to reach to many countries and I’m sure that very soon bitcoin will be an international currency and I will be able to end world poverty so I wish that bitcoin will survive for ever because bitcoin is going to help us in our life and we must appreciate bitcoin as well.

[daringdiscovered]

I don't think so: bitcoin have some structural problem that make its diffusion unsustainable. May be another crypto.
Btw, there is a long way before public acceptance of cryptocurrency

I disagree, bitcoin could be a global currency whenever the SEC wants to, and judging by its characteristics, bitcoin is the only coin that have the capability to be the global currency amongst all the coins living here in the cryptocurrency world. I believe on what could bitcoin do in the near future, I never doubted it.