It is very difficult to say that the Bitcoin will replace the Dollar as a global currency. Bitcoin is a volatile virtual currency which is not athorised by any government or country but the $ is a currency of the U.S. which is most powerful and third gigantic populated nation of the world. Facebook,Google,Twitter,Yahoo,McDonald,Apple,Intel,General Motors,General Electric,Ford are the most powerful example why the U.S. dominate the world, but now the story of Bitcoin is very different because the world is moving very rapidly toward computerisation so the Bitcoin may become the global currency because it is a computer program not a hard currency like Dollar or Euro.Initially 1 Bitcoin was a equivalent to $9 in 2011 but now just after 2 year 1 Bitcoin is equivalent to more than $ 1000, so we can see that how the virtual currency is tremendously fluctuating that means it is getting popularity among the trader. But the question is that will it increase further or decrease?
or will countries ban it ?
or will countries ban it ?
very tremendously written....with facts and figures..., liked it.
ReplyDeletethankssss vikkkyyyy
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