Post
Topic
Board Economics
Re: Bitcoin is Becoming a Global Currency
by
Gumpfire
on 20/03/2018, 23:18:18 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.
We cannot deny it anymore but bitcoin is now gaining the attention of money leading to a higher demand and to a higher value. As time passes by, bitcoin continues to surpass different existing currency slowly and we can expect that somewhere in the future, it would be declared as the world currency to be used by each and everyone. Bitcoin will sooner be on the very top and no one would be able to stop it.