Post
Topic
Board Economics
Re: Bitcoin will control the world economy!!!!! is it true?
by
stolendata
on 07/10/2017, 23:59:02 UTC
Some media shows that bitcoin can be the next weapon to control the world economy. i think it is true and it will be seen soon.  
Yes, I agree with you what you said because bitcoin can control the world economy and especially now that has been powerful of bitcoin today.

I don't think so. Yes, BTC can be important some day in future, if it reach some high prices, and if it is adopted as a primary online currency. But I still don't see the way that world can function without paper money, or particularly without banks.
I agree with Nikola in some parts of his exposure but dont agree with this that banks and world cannot without paper money,everything goes in that direction good example for that is credit cards or online shoping.
For me it is difficult to say yes because if it became global currency then it is also not possible for bit coin to control the world economy because the economy have no connection with currency. The world economy is running is on demand and supply if there us demand of commodities then whatever the currency the world will have to run. For demand there will be suppliers who will try to manage the demand.