Post
Topic
Board Economics
Re: Bitcoin is Becoming a Global Currency
by
Vaskiy
on 10/04/2016, 13:40:08 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.

it is main currency in black markets now, so with time it should be global too, people uses more and more bitcoins now so price rises, also halving will rise price, and higher price means that more people will use it, and if more people will use it, it might become global currency soon
However it is a main currency that doesn't matters, it can be made global but it is hard to make it as a global currency, it is doubtful that every government accept bitcoin.