Bitcoin is Becoming a Global Currency

[Hotel_Prodeo]

Bitcoin really started as a currency in mind, so btc gearing towards global currency is a no brainer.

Currently a lot of dev. which works to develop bitcoin so that one day it can become easier to use and can be used directly, the main obstacle because many countries are banned bitcoin so this affects bitcoin development.

[geegaw]

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.

This is an expectation but surely it will not come true, Bitcoin should only be included in the investment list, we should not have the thought of turning it into a currency, that just makes us disadvantageous when the government will pay more attention to Bitcoin. The government will not let the bitcoin threaten their currency, they will prevent and block all issues related to bitcoin, we will be in trouble, bitcoin does not have enough conditions to become global currency, it's like now is still better

[EmmaVitto@tutanota.com]

I don't think that cryptocurrency can replace the current monetary system because it would be hard for the countries to adopt cryptocurrencies as replacement because there are others who doesn't have a proper internet connection so transaction would be hard. There are countries that are behind the technology so it would be hard to introduce a new one if they don't even have access to the technology today. Besides, ethereum is for smart contracts and they don't have the same usage as bitcoin.

[ewonardo]

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.

Bitcoin will not become a global currency due to Bitcoin will never be known to the whole world.
Bitcoin will remain popular only among some people. And I see this percentage of the population is not very large.

[peterthegreat]

A very small percentage of people in the world even know about Bitcoin, so it is far from becoming global currency. Until recently you weren't even able to transact bitcoins without having to pay a huge fees.

[MMA]

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.

This is an expectation but surely it will not come true, Bitcoin should only be included in the investment list, we should not have the thought of turning it into a currency, that just makes us disadvantageous when the government will pay more attention to Bitcoin. The government will not let the bitcoin threaten their currency, they will prevent and block all issues related to bitcoin, we will be in trouble, bitcoin does not have enough conditions to become global currency, it's like now is still better

But i think that bitcoin is created as a currency and therefore it is already a crypto currency which we can use for shopping directly without any exchange, and hope that very soon the facilities of bitcoin to be use as online currency will also be available everywhere in the world. I am already using bitcoin for shopping online and a single shop is also here in my area where they also accept bitcoin for shopping.

[Xenoph0bia]

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.

This is an expectation but surely it will not come true, Bitcoin should only be included in the investment list, we should not have the thought of turning it into a currency, that just makes us disadvantageous when the government will pay more attention to Bitcoin. The government will not let the bitcoin threaten their currency, they will prevent and block all issues related to bitcoin, we will be in trouble, bitcoin does not have enough conditions to become global currency, it's like now is still better

But i think that bitcoin is created as a currency and therefore it is already a crypto currency which we can use for shopping directly without any exchange, and hope that very soon the facilities of bitcoin to be use as online currency will also be available everywhere in the world. I am already using bitcoin for shopping online and a single shop is also here in my area where they also accept bitcoin for shopping.

I think it can happen in the future.Bitcoin is getting very popular all over the world.Bitcoin was just an experiment but now it is used as both a currency and as an asset.People use bitcoin as a mode of transaction where ever possible.People also hold their bitcoins for futurr rise in price.Bitcoin just reuqires an internet connection to get operated.Signature camapaigns are an easy way to earn bitcoins.Transactions through bitcoin are also very easy and faster.

[hibiscus]

Bitcoin is an electronic asset which can be operated through out the world since it is a decentralized one so there is  no controlling authority over it. All transactions are being carried out only through the buyer and seller without any type of third party mediation. All such  transactions are recorded in an electronic ledger with the block chain technology .Very shortly bitcoin will be use full for the day to day need of our daily life so it will become a global currency .Bitcoin is a good investment and good for the day trading since the market is volatile.

[Cloak1]

Bitcoin is already a global currency. It's perhaps the most global, borderless, dynamic, accessible currency the world has ever seen.
I  guess if the internet would have been a country then Bitcoin would be its currency. You can buy almost anything from servers to houses even coffee.

[Pansamantala]

I think this is true since a lot of countries as of now are allowing bitcoin to be used in their nation. Which I think will bith help the nation's economy to rise and the bitcoin valye to rise as well. Therefore it's a give-and take relationshipm in addition, tge global popularity if bitcoin would also help it rise in value.

[tikong]

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.

[marroxas]

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.

[arthur25]

The effects of bitcoin in the world economy can make btc as the global currency in accordance to the united government in all the world. It couldn't be if there is no unilateral talk between the leaders of every country. After 50 years or 100 years from now maybe it will.

[Bacotan Bae]

The effects of bitcoin in the world economy can make btc as the global currency in accordance to the united government in all the world. It couldn't be if there is no unilateral talk between the leaders of every country. After 50 years or 100 years from now maybe it will.

This is because marketcap and the influence of bitcoin are not yet large, although bitcoin marketcap is equal to or greater than the country's foreign exchange in asia or africa, but I'm sure there are other factors that inhibit bitcoin development to be global currency.

[andrey111]

Bitcoin and not only. Other koins also break into our lives. governments previously in every way prohibiting the holding of Iko now seeing in this potential are beginning to lift the prohibitions. Confirmation of this, South Korea. As reported by The Korea Times - "Korea will abolish the ban on ICO with the introduction of new rules. In order to promote the development of blockade technology, South Korea's financial authorities are preparing a plan for the legalization of initial coin offers (ICO), with the possibility of investing startups by local crypto investors."

[portotoi]

That is a high morale to everyone bitcoin holders. I did not know about that actually, but i am so happy that is the case. Of course many countries and currencies would like to buy bitcoin at their own currency because they know that bitcoin can be a worldwide currency and now is the beginning that bitcoin can be globally use.

[Konthol Ngaceng]

The hope of all bitcoin users is to make bitcoin as global currency, I'm sure if bitcoin users reach at least 45% of the total world population then bitcoin worthy of being a global currency.

[oacorewsoni]

I think bitcoin will become a global currency only when we make aware everyone from this currency, and in our business we accept only bitcoin and not any other currency .

[futuret]

Great. we can use the bitcoin in other country as a money. no need to bring cash for your travel

In my country whenever you travel to some other country, there is a fixed amount which at maximum, you can carry with yourself to that country. It is difficult for the travelers because if they need more money then they have to pay certain amount of tax on that money which means the government is discouraging you. So now travelers can do the same by carrying the bitcoin in their digital wallet with only giving taxes in the beginning and that’s it.

[emmybd]

Bitcoin has been here for some time. But its popularity has increased sharply over the past a year or so. It has attracted a lot of investors all over the world during this time and the number is growing rapidly.