Post
Topic
Board Economics
Re: Bitcoin will control the world economy!!!!! is it true?
by
asilabumer
on 13/09/2018, 14:32:34 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. 

It has that capacity and capability; however, I don't think that at the moment, especially with what's happening right now, it doesn't have the power just yet and the maturity to control the world in its vastness in terms of talking about the business, trade and investment sectors. Bitcoin, together with the cryptocurrency market, should first have some changes and evolutions to undergo before it can really have that much of a worldwide impact. Also, inside of gaining "control", I would more so like to see it interplay with other similar businesses, since good competition brings out the best in everything.
It is capable but that is only theory and can not be applied to reality because its operation is only in some areas and some people, it does not have a global scope, and of course, what it affects is the economy of some people and some areas. With the economy of the world, it can not touch when governments of many countries are always enemies and do not want it to appear in their country, the distance and boundary are so obvious, bitcoin will not stick to the world economy