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Author Topic: Bitcoin is Becoming a Global Currency  (Read 226334 times)
Granxis
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February 24, 2018, 08:50:08 PM
 #2881

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.
There are a lot of assumptions already saying that bitcoin has a great potential of being the world currency. If we can all see, bitcoin has been doing good ever since and it has managed to stay still and firm amidst all the obstacles. Bitcoin might go down a bit but it will surely arise once again after a while so let us just keep our hopes high for it and believe that it will be successful again.
We are trying to keep our hopes high, but especially the banning of Israel from Bitcoin, Bitcoin has affected prices very much, and we have become constantly uneasy. I think Bitcoin will not be able to withstand more pressure.

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amzadabir
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March 07, 2018, 03:19:23 PM
 #2882

Bitcoin is a relatively new technology; in fact, it is less than a decade old. Created back in 2007, bitcoin is the world’s first decentralized virtual form of currency. As of fall of 2016, it is now an accepted form of payment in dozens of countries around the globe. As more nations continue to adopt this groundbreaking technology, it increases the chances that bitcoin will in fact become the next global form of currency and one of the few not tied to a specific nation’s economy or a banking system.
Experts estimate than in just three years, by the year 2019, there will be five million active bitcoin users. Of this five million, fifty-one percent of users are expected to be outside the United States.
will777
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March 10, 2018, 04:11:44 PM
 #2883

I want to believe that Bitcoin is a global currency. Initially the adoption of bitcoin started at low levels and today people are adopting bitcoin at high level. Bitcoin can compete with US dollars or EURO as a global currency.
unneros
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March 10, 2018, 04:59:02 PM
 #2884

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.
Even in countries with high economic growth, there may be many financial crises caused by virtual currency, in my state the government bans Bitcoin but it is still popular in many parts of the country. My family and now there are a lot of people involved in buying Bitcoin.
Black Angel
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March 10, 2018, 06:28:44 PM
 #2885

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.
Even in countries with high economic growth, there may be many financial crises caused by virtual currency, in my state the government bans Bitcoin but it is still popular in many parts of the country. My family and now there are a lot of people involved in buying Bitcoin.

Bitcoin can actually help the economy globally, but unfortunately until now there are not many countries that legalize bitcoin, but this does not prevent people from buying bitcoin because they are aware that there is a large proek on bitcoin.
raudisomiya
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March 10, 2018, 06:42:35 PM
 #2886

Bitcoin has shown to the world that the money can be different, the only thing that I do not like in this system is that all the same commission is removed during the retellings.
atetess
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March 10, 2018, 09:21:44 PM
 #2887

I hope it will become the global currency soon but for those who cannot adopt the new technology it will be very difficult for them to adjust the latest trend but for those who really wants a change it is a very good and more convenient for them.

Dark Sky
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March 10, 2018, 09:40:43 PM
 #2888

I hope it will become the global currency soon but for those who cannot adopt the new technology it will be very difficult for them to adjust the latest trend but for those who really wants a change it is a very good and more convenient for them.
I think bitcoin is a global currency for everyone because it is useful for online workers and they are really like it and its benefits are most important for future, so that's why everyone want to more knowledge about bitcoin for earning and online business, so you can worldwide online shopping from bitcoin payment.

Boysen
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March 10, 2018, 10:14:47 PM
 #2889

If that was the case then this was good news. Bitcoin being a rampant and ubiquitous currency in the world means something. This is the first step to revolutionizing the world of currency by introducing a virtual currency. Major or not, the fact that bitcoin was used in these countries by a huge percentsge means that bitcoin is indeed well-known in the world.

sana gull
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March 10, 2018, 11:01:36 PM
 #2890

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.

Too far prediction for bitcoins will be changed a major currency in the world. Every country has a regulation about economic and central bank to accommodate issue about money.

For now i think bitcoin and cryptocurrency always just to be a investment target for business man.
Yes we can consider that bitcoin can become a global currency in the future but not now.Bitcoin is getting really very popular now a days and more and more people are enrolling themselves in it.It is the easiest and fastest platform to earn money.If someone is into bitcoin then he or she does not need to take money from home.Saving bitcoins for future is the best way to earn a lot of money.Investing in bitcoin is also profitable.Now some transactions are also being through bitcoin.
Yes it can become a global currency.Bitcoin is being used by many people in the world and everyday new people are added in bitcoin.Bitcoin is the easiest medium to earn money in a lesser duration of time.Investment in bitcoin is very profitable as it promises huge returns in a very less time period.Transactions through bitcoin are also very simple and any amount of money can be transferred in a very short time period.
Yes no doubt that bitcoin is a global currency, because bitcoin is present in all over the world having same value everywhere. In future we can expect that people will start trading using bitcoin and other altcoin therefore te importance bitcoin cannot decrease but will continue increasing.
Diodua
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March 11, 2018, 04:24:24 AM
 #2891

Truly it is spread wherever all through the world anyway it isn't as faster that it should be and the reason is nonappearance of information among the average citizens of the most. It is made a beeline for be an overall money yet it will require some speculation and it is simply possible when there is affirmation from the world individuals.
Konyox
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March 11, 2018, 07:25:09 AM
 #2892

yes soon it will be the world wide best technology ..and it will replce or extect the word "money" we will call it 'cryptomoney' in a smarter way.I wish I got 10bitcoins in next year before its too late and future comes in.,
carlbreezy
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March 11, 2018, 08:34:21 AM
 #2893

Bitcoin really started as a currency in mind, so btc gearing towards global currency is a no brainer.
Driutriuc
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March 11, 2018, 08:56:49 AM
 #2894

Nations tend to jump at the chance to have add up to control of their coin, and since Bitcoin is a P2P cash, their exclusive sort of control is having an immense offer of the 21 million coins. I truly don't figure it will end up being a worldwide money, as it is a significant unsteady easily overlooked detail.
kittybabe@06
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March 11, 2018, 09:47:34 AM
 #2895

Great. we can use the bitcoin in other country as a money. no need to bring cash for your travel Wink Grin
tiar4dewie
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March 11, 2018, 10:45:46 AM
 #2896

And this is very difficult to accept in any country, who regard it as the threat of their fiat currency. the decentralized financial system will not allow for the cooperation of trade between countries. And this is only limited to the enforcement for tourists who travel to other countries.

CongHoan
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March 11, 2018, 11:33:10 AM
 #2897

my country now still banned btc  Sad
Mariela
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March 11, 2018, 12:15:32 PM
 #2898

Well ,it is a good news to us .
This is the way of bitcoin to be more popular and recognized by other countries.
dammang
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March 11, 2018, 12:28:04 PM
 #2899

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 the situation of bitcoin i say yes bitcoin is not far to become global currency because there are so many country has now accept bitcoin as one od thier currency and many company has using bitcoin as thier salary.

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March 11, 2018, 12:44:25 PM
 #2900

Of course this is the expectation of all bitcoin users, when compared with the fiat system then bitcoin better and faster, of course this is a benefit for us as bitcoin users and affect the price of the expensive one day.
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