Post
Topic
Board Economics
Re: Bitcoin to be international currency
by
Hatuferu
on 24/06/2016, 04:59:05 UTC
Why not? We can see rapid use of bitcoin everywhere. Then if it used largely it will be an international currency
bitcoin is definitely not used really rapidly in my opinion and bitcoin is not going to to be used really rapidly for sure at least not so soon, i think after a few years it will be possible

bitcoin might become an international currency pretty soon i think and i hope that more and more companies will be accepting it pretty soon, i hope that one day it will become the currency of the world

Bitcoin will not ever be an international currency i dont think mainly because of just human error, miners would not be able to put out enough to supply the whole country constantly 24/7 because it would be constant work.
Miners will increase depending on the profitability of the operation, if the demand will increase so the benefits of the miners will also increase as the price will for sure hit again to the moon. In that sense, we can see some stable price that is back by the real demand of supply of the majority.
There is no problem with the network I think if there will be a massive adoption and when bitcoins is widely use internationally, the miners will maintain to do the job and they will be rewarded with a good amount for their operation. The main problem here is how we make it happen the massive adoption we are talking.