Post
Topic
Board Economics
Re: Bitcoin is Becoming a Global Currency
by
KennyR
on 08/05/2017, 01:12:59 UTC
bitcoin has already been a global currency since it was first created. Satoshi waant people to use this coin as a primary school on the global and this coin is a symbol of the crypto currency revolution
Perhaps still not as much globally as you think. Because the fact is that only a certain number of people use crypto currency and there is no talk of mass use of speech.
although the number of bitcoin users are few but i think they are present everywhere, i do not think that there will be a single country where the users of bitcoin will not available. and in this sense we can say that bitcoin is is universal currency and we are hopeful that the users of bitcoin will be increasing more and more.

Bitcoin is already a global currency in online space, but if it's applied to real currency obviously can not yet because it will damage the dominance of fiat in many countries. I think bitcoin will be a kind of stake in market trading, and not bound as a real currency. They are just as liquid as gold and other asset products.
actually most of the people still do not know any thing about bitcoin, therefore it will take some more time when the local shopkeeper will also start accepting bitcoin for shopping and for so many other purposes.
You are right, Actually there is a lot of peoples doesn't know bitcoin. So i don't think bitcoin can become a global currency in the near future. It should share and introduce to peoples what is bitcoin and cryptocurrencies in generals.
but you can see that bitcoin users increasing and people take interest using of bitcoin because bitcoin is available in anywhere for shopping and i hope bitcoin will be sooner become a global currency in the future because adoption is on high value increasing .
Each year the growth rate is simply big than the past. This helps with the increased adoption and acceptance in all stores. Now too this is a global currency due to its exchanging availability to any currency as well can be used for cross border transaction which is not that easy with other currencies. So it serves as a global currency, but to to get the perfect shape time is required.