Post
Topic
Board Economics
Re: Bitcoin is Becoming a Global Currency
by
Amph
on 23/10/2015, 07:28:45 UTC
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.

I think it will be in the future because a lot of people are starting to use it and maybe soon it will be the global currency.

it will not be the future is everything people do is acquiring bitcoin to dump for fiat later, only using bitcoin does not mean anything

thay must use bitcoin directly, and avoid dumping, that's the way to really promote bitcoin

i guess one can argue that this cna't be done yet because not many shop accept bitcoin, but with open bazar it will be interesting to see how the thing will evolve, there will be no excuse anymore...