Post
Topic
Board Economics
Re: Bitcoin is Becoming a Global Currency
by
StarCitizen999
on 22/04/2017, 18:01:08 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.

BItcoin is already a global currency, the adoption of it is not only in asian countries, but worldwide too Bitcoin in also in some other nations declared as their legal currency through merchants.

I agree with you. The blockchain system itself is not tied to any country. There are no borders for it. It can be used everywhere. That's why bitcoin can already be called a global currency