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Author Topic: Bitcoin is Becoming a Global Currency  (Read 226327 times)
Nylelyn
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March 14, 2018, 01:13:38 PM
 #2941

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.
It is expected that Bitcoin will conquer most of the countries in the world and now it is now starting to penetrate. Bitcoin in the future will serve its purpose and that is to be a global currency and at the same time a good source of investment. With the bold motion of these countries, other parts of the world both with rich or fast and slow developing economy will surely follow and take the necessary step to legalize bitcoin in their own country. This is a very brilliant sign of the bright future ahead of bitcoin and all it's followers.

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2Godbdglory
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March 14, 2018, 01:18:36 PM
 #2942

 Bitcoin is a virtual, digital currency that uses encryption to create and manage the exchange of funds; a cryptocurrency, as it’s known. The bitcoins are produced by people and businesses using specialized software that solves mathematical problems to create unique blocks in a chain to add to the Bitcoin public ledger.

Lambe Ndumble
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March 14, 2018, 01:40:50 PM
 #2943

If bitcoin becomes an international currency then bitcoin prices will skyrocket to reach millions of dollars, but I'm sure this is difficult because many countries are currently banned bitcoin, the thing that can happen is bitcoin users will continue to increase.

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heleng05
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March 14, 2018, 02:00:33 PM
 #2944

I'm not agreed yet because many people not know how it works like here in my country even I can say it has grown a 50% of people who are working now to bitcoin there's also 50% people are are not yet notify about bitcoin, I mean they don't know it yet so it is hard to make it come in state globalization but if it can reach those people that I'm taking maybe it can take it all or it can be happen.

Crypto_4eva
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March 14, 2018, 02:02:11 PM
 #2945

I hope BTC becomes a global currency if not then atleast let us trade it and make profit from it
Tukang Becak
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March 14, 2018, 04:33:22 PM
 #2946

I hope BTC becomes a global currency if not then atleast let us trade it and make profit from it
The fact that we can use bitcoin for global transactions but I do not think need to be a global currency, if many countries give freedom to use bitcoin then this is enough to make me happy.
MD Milon
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March 14, 2018, 05:23:30 PM
 #2947

Yes,bitcoin is become a world wide currency.we can also bitcoin use for global transaction.lots of country approve to use  bitcoin.many people whole over the world  use bitcoin.definately,bitcoin is now a global currency.
dongyi17
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March 14, 2018, 06:03:25 PM
 #2948

It only means that bitcoin is getting is far wider than they usually think it could reach...their scope is getting bigger and becoming even more popular, more and more country are getting interested in having bitcoin and invest in it and become part of their everyday use. They becoming more competitive in the world market and this is good and other also benefit it.

harimauagam
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March 14, 2018, 06:10:42 PM
 #2949

bitcoin is well known to the rest of the world and already many people know about bitcoin and I agree with them it could be bitcoin into global currency if nobody prohibits this bitcoin by the state as payment.
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March 14, 2018, 06:15:51 PM
 #2950

bitcoin now is famous. we must celebrate for the success, because bitcoin will never be lose now and crypto currency will be part of our daily lives in future. this is a good day to invest a lot of money in bitcoin. because it will sure that we can get a huge profit in future

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GamingBro
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March 14, 2018, 08:29:58 PM
 #2951

I really want it happen. Many countries already accept bitcoin or thinking about it and when everyone whould be ready we will make this happen.

signaturecoin
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March 14, 2018, 08:39:32 PM
 #2952

I also think that bitcoin is a global currency from very beginning because it is providing good opportunities to people to make money. even in future we can expect that bitcoin will continue giving opportunities to people to make more money from bitcoin.
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March 14, 2018, 10:40:22 PM
 #2953

you can't say it is becoming Global currency because Some Countries Banned bitcoin.
They Just Use Bitcoin as their investments.

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March 15, 2018, 09:35:28 PM
 #2954

Indeed many of the current holder of bitcoin spread in various countries. I am very sure later adaptation of bitcoin will spread across the world. But to be main currency, I think regulation is still a constraint for bitcoin but I wish the main countries in the world can be a precursor to adapt bitcoin
Yes now a lot of countries are accepting bitcoin they are making legal currency it for their country, it is the new age and we can use only digital currency for payment of goods. Online payment is being a source of the bitcoin promotion it is very easy to have bitcoin business throughout the whole world. Slowly bitcoin is being popular and high in price; I want a lot of thing to happen just as source of income after hearing the legalization news.
guoyu78
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March 16, 2018, 11:07:24 AM
 #2955

It seems like it bitcoin is becoming more and more popular that it is becoming used all over the world.
Everyone is almost using it and it is being used globally to do some transactions so for me it is really becoming Global Currency.
Well people around the world are still debating upon whether the bitcoin is the currency or the asset because the governments and different powerful banking sector still making much noises all over the media and spreading negativity about the crypto currency.

The positive thing which emerged is that he governments are now talking about legalizing the crypto currency and that is the first hurdle after which bitcoin will easily become currency and the global or universal one.
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March 16, 2018, 11:30:46 AM
 #2956

Technically bitcoin has always been a global currency but just not globally used as much as we would prefer ofcourse.
But this can change and it should change. The only question is "when that happens?"
kimmy724
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March 16, 2018, 11:51:02 AM
 #2957

Indeed its a global use case . But I am not akin to call bitcoin a currency. It is more as a monetary service for data flow on the Internet. Currencies are bounded by sovereignty and regulated by each central bank of a governed country.

Alijiindahaus
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March 16, 2018, 12:23:34 PM
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 #2958

Indeed its a global use case . But I am not akin to call bitcoin a currency. It is more as a monetary service for data flow on the Internet. Currencies are bounded by sovereignty and regulated by each central bank of a governed country.
You do not have to guess on the coffee grounds and guess what will happen with bitcoin and what position it will take in the financial world. This is understandable, but it is better to study the information about why bikkoin was created in general. Then there will be an answer to the question.
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March 16, 2018, 12:28:35 PM
 #2959

Bitcoin is now being used from all over the world so for my opinion we could really say that bitcoin is becoming a global currency,
The crypto currencies are being used to transfer money from country to country with just a small period of time and I think it is a great way to receive money from your love ones who are in other country.

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BigBos
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March 16, 2018, 12:36:54 PM
 #2960

Bitcoin is now being used from all over the world so for my opinion we could really say that bitcoin is becoming a global currency,
The crypto currencies are being used to transfer money from country to country with just a small period of time and I think it is a great way to receive money from your love ones who are in other country.
Well, the world generally does not see what bitcoin we see. they see more flaws than excess, so it is very difficult for bitcoins to make global currencies. I'm sure, bitcoin is perfect for this, but for now there is no government support on this.
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