Is bitcoin a global currency? (user search)

Beet
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Is bitcoin a global currency?

« on: February 24, 2017, 05:23:28 PM »

"There is no such thing as a global anthem, a global currency or a global flag," Trump said to great applause from thousands of conservatives.

While Trump is absolutely correct with respect to an anthem and flag, I believe cryptocurrencies make him wrong on currency. Bitcoin is effectively a global currency. That is one of the things I have always liked about it. It's too bad the creator could not figure out a solution to deflationary bias. But it may well be remembered as a pioneer.

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Beet
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Posts: 28,914

Re: Is bitcoin a global currency?

« Reply #1 on: July 18, 2017, 03:19:48 PM »

Quote from: Flameoguy on July 14, 2017, 12:11:25 PM

Quote from: Trounce-'em Theresa on February 25, 2017, 02:10:38 AM

It might be a global currency if normal people used it.

Agreed. Without widespread adoption, how is Bitcoin supposed to be 'global'?

It is not limited by borders or national governments.

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Beet
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Posts: 28,914

Re: Is bitcoin a global currency?

« Reply #2 on: July 18, 2017, 03:43:50 PM »

Quote from: Tintrlvr on July 18, 2017, 03:42:55 PM

Quote from: Beet on July 18, 2017, 03:42:13 PM

Quote from: Tintrlvr on July 18, 2017, 03:39:06 PM

No, but the United Nations has both an anthem and a flag, so your post is literally 100% incorrect.

That was a quote from Trump.

You agreed that there was neither a global anthem nor a global flag.

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The UN is meaningless.

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