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Certainly, bitcoin is becoming a world wide currency, and will grow bigger in the future. Half of the places I go now, all except bitcoin. Wink

I guess that's a good thing for us investors. BTC

A global currency, yes. A major global currency, unfortunately not, and it seems a long way off happening too..
There is a long list of countries that are being screwed over with negative interest rates and massively devalued currencies, people in these countries would have done very well getting their money into bitcoin a few months ago, but as can be seen by the low price, they aren't really doing that.

I guess price volatility is still too high, or upwards price volatility too low for people to be tempted in on mass.

We may take the word global currency as a currency that can use all around the world. Which true when it come to bitcoin. Because we all know that bitcoin is crypto-currency where you can used it with the power of internet and web and technology is widely spread all over te world. So using it on a wider scale or global is easy for it. And as the days goes by new developmet to its price and transaction will be made so a major global currency may be true for it in the near future.

bitcoin can to be a global currency. Bitcoin is much in demand by people because technology and ease transactions. Yes, internet has reached almost all the world and bitcoin is in it.

Bitcoin is already a Global currency, Just open your eyes and mind. Bitcoin is already used world wide in terms of digital currency. So it just means that it ws already a global currency but in tenms of digital currency.
yeah there is many chances to make bitcoin a global currency and bitcoin demand is also too much high and easy transaction and there is many people are earning money through bitcoin in good amount they are also trader.

I would argue that bitcoin as of right now is more of a tool used for speculation than an actual currency. the number of people who hold bitcoin in order to make capital gains greatly exceeds the number of people who actually purchases items with it.

You are probably spot on with that comment.
I am an active bitcoin users buying most goods and paying bills using bitcoin but when i post that here everyone jumps in with comments like "you shouldn't spend any btc just yet, wait and it will go up"
Last time i checked bitcoin was a currency so people should be spending at least some of what they have.

I say just treat bitcoin as you would fiat, spend what you need to and then save the rest.

But how to use bitcoin as fiat if most stores don't accept it? To pay bills for an example, it's impossible, only fiat is accepted, bitcoin can be used on very restrict places, few sites and few sellers accept it online.
Bitcoin is being more useful as saving investment on long run, in special for countries where fiat loses price each new day.

I guess it really depends on what country you are living in.
Here in Australia we have plenty of options available to spend bitcoins.
If i want to pay any bill i use this site: https://www.livingroomofsatoshi.com/
And for in store purchases a bitcoin debit card is great.

If you want to be able to spend bitcoins then you must look at the options available to you, none of these companies make a big profit so you won't see much advertising.

with the way prices are moving right now, the rational person would not spend any bitcoin, but rather to hold it. Money needs to be a stable storage of value if we want less speculation and more of what it was intended to be. Im a huge believer in bitcoin and cryptocurrency, but our existing infrastructure has a long way to go before bitcoins can be used like regular money.