Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is the global currency of Earth
by
wuvdoll
on 25/06/2016, 18:14:42 UTC
i think presently it is not the global currency of the earth becasue so many people do not know any thing about it. but it is look like that in future it may  be the global currency of the world.

Very few people across the globe are aware about the bitcoin and that doesn't make it global currency, but things may change in future when it will be widely used and accepted.

If people say that bitcoin is a global currency now, I think they are saying wrong. Many countries in the world are not known about this currency. If a a country using bitcoin, than only a few people of it are using bitcoin. If this currency is to become global, then it should be spread out widely. More they known about it, more they become interested in it. Only internet is not only a source of awareness about bitcoins, I think it should be started at higher level. Smiley

You are right about the thing that we cannot claim bitcoin a global currency as it is not used globally. But it is used online globally and there is no restrictions of boundaries.
We can't claim if bitcoin is a global currency because in my region a lot of people doesn't know about bitcoin, for online globally maybe some little people is still unfamiliar with bitcoin.
USD is till the global currency of the earth because that's what's almost every currency is being compared to, to know it's value. It would take a very long time to change the global currency from USD to bitcoin and a very large money, and a very powerful/influential person to do so.