Post
Topic
Board Economics
Re: Bitcoin is Becoming a Global Currency
by
Lenzie
on 26/03/2018, 10:08:30 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.

Well bitcoin is the most successful cryptocurrency that is being made. But it would be impossible to make it a global currency, instead it is more like a global substitute to the existing cryptocurrency.