Bitcoin Forum

As a Bitcoin user, I really wish that Bitcoin should be new world currency, But really not sure whether its gonna get on the mainstream or not, as the adoption level as required is not at a moment and it would be only done if there is awareness among the society.

I hope bitcoin will be, that would be great.  But some places it just will not happen.

I think pretty much any country gold will hold value easily.  So I'm going with gold, but hoping I'm wrong and it turns out to be BTC.

Any Bitcoiner around the forums will say exactly the same thing ... we all hope that bitcoin will be . but there is a low chance for that so low . I'd say US Dollar for the next 30 years however that dosen't mean Bitcoin failure...

Bitcoin will be around no matter what happens, thats what's good news. No matter how much the dollar lasts for, we all know its ultimate demise: Collapse. Even if they can keep the show running for 30 more years, the decline is a gradual one, which means it doesn't take 30 years for BTC to be the safe haven of a failing economy and us visiting not moon but jupiter.

i also think the us dollar has the best position in this case. bitcoin can be a great alternative for a lot people world wide. we don't need bitcoin to be nr1. it already gave us the freedom of being our own bank.

 USA dollar has chance to stay for sometime,my next candidate is yuan,but chinise will rather  dont want that

 It could be currency backed by gold,will be good ,becouse of stability.Maybesome global currency backed by gold,not owned by any country

china with yuan have many population in this world  ;D . i think yuan can be huge in future , but bitcoin  need more time for huge and get trust from people , this is hard . so dump and pump very risk . . .

Wow, that graphic is scary, eh?

It looks like we're due for another "earth quake". We need more people to respond to this...maybe share this with the people who frequent Politics & Society?

I voted for Bitcoin, because I will believe in Bitcoin! Bitcoin is the best currency in the world! :)

First is US Dollar for another 30+ years, second is China yuan. I believe Bitcoin has a lot of potential and it still has a long way to go to become a world currency.I think no ppl will choose Zimbabwe dollar, gold is no longer used as currency, and recognized as safe haven of storing value or industrial material.

So Euro is doomed?  ;D

oops :) just added

yes, was trying to be. apparantly it did not succeed. better next time

You could have put Greece up there to be a little current.   Sadly I think they will still  have some effect on zone until someone bails them out.

I do think a "world currency" is a hard thing.  Its not easy to get entire world to accept a form of currency.

BRICS Bank’s 1st loan to be issued in yuan
http://thebricspost.com/brics-banks-1st-loan-to-be-issued-in-yuan/#.VbHL5_ntmkp

The BRICS New Development Bank will name its first investment in April next year and the first loan will be issued in yuan not dollar, top officials confirmed.

For the time being, it's going to be the dollar. Other currencies may have more value, but it's the dollar that everything else is compared too. Bitcoin is a bit too niche to be the currency of the world. However, the future currency of the world will probably be an online one similar to bitcoin, because more and more people are just using cards and not physical dollars anyway.

It's all going online, bitcoin may or may not be the currency to really do it.

 I think that the 3 top currencies will be US $, Euro and Bitcoin, as prevalent in digital world.

There it will be not any new world currency. There will be the currency which has been the currency of the world since its creation. The United States dollar. There are to many reasons for that. But the most important is the faith on it in all the world because of the power and the role that United States have in the world.

Bitcoin maybe it will become one day (with the work of every of us) its privileged child and one day maybe can stay beside of it. It is my hope this.

For me the new world currency will be the old one. Us dollar. Maybe bitcoin will have his place on the world of currencies but it will not possible that can be predominant. Then another important currency will be yuan because China are going very well with the economy and with the investment outside China.

China yuan    ::)

It's a split between the Yuan and the US Dollar for me. China has signed with the BRICS countries and this partnership would increase it's strengh even further. The US will take some knocks, but they will bounce

back. {We have seen several examples in history, where the US citizens bounce back from huge setbacks.. like the terrorist attack on Sept '11}

The Euro has potential, but the debt from some of these countries within the Euro zone, is simply to big too ignore... It will pull them down, in the long run.  ???

I see a financial devide between China + BRICS and The wild wild West.  ::)

i want it to be bitcoin of course, but something is telling me that we remain with fiat and especially the king usd for a very long time, but in the end it does not matter much, it matter what you will use as a currency

i think China Yuan will replace the USD place :)
China is big market ::)

i dont think dolar will gone in near future:)

Not to be rude,
but I think its nearly impossible for
bitcoin to be the world currency.

Can you please tell us why do you think this? You don't believe in Bitcoin, am I right? You just wrote that Bitcoin won't do it, but you didn't write why, so there's no reason for it :/ You should help us to improving it at all!

after their last stocks crash i'm not sure if they will be able to surpass usd, they are a merely pump&dump, usd is still holding strong despite everything else that happened with the crisis

also many do not trust chinese

Wow, A small country in this list. Guess we don't only rock in multinatonals, internet, soccer  etc.
Boom selecta!

But let's be honest. It will be the YUAN and then after 20 years or so a crypto currency, perhaps BTC..

It seems like a lot of people here are overlooking the primary reason each of the currencies in that graph were the reserve: global military hegemony. Barring WW3, it's not readily apparent to me how any currency aside from the dollar could be held in reserve, being that the US Millitary Industrial Complex is larger and more advanced than all other nations respective MIC's combined. This is more or less, one of the primary reasons it's so huge.

I can certainly see how bitcoin can become the defacto currency for exchange online, but I don't see how it would ever fly as a reserve currency, being that governments can't exercise much meaningful control over it, which is part of it's allure.

NWO coin is in test phase already

http://www.ibtimes.co.uk/codename-citicoin-banking-giant-built-three-internal-blockchains-test-bitcoin-technology-1508759

If the Yuan is the world's reserve currency for only 20 years, then it will be the shortest reign ever.
I think Bitcoin will be successful before that. There will be a transition from USD to BTC and the yuan won't be able to get a foot in.

I don't think there will be one currency, so this is my prognostic. US dollar will have its share as this was the leading currency in the last 50 years. Chinese Yuan is emerging and will take a share from dollar. And the third is of course, Bitcoin! :) No jokes aside I would be happy if Bitcoin accounts for 10% of currency reserves in the next 10 years. This would be huge success!

I have no idea if it will be Bitcoin or a competitor, but one day, a crypto will be the world reserve currency, and that day is in fact fast approaching.

I don't know about the poll but I strongly feel that Bitcoin can not be the currency of our new world.

Because iam a big fan of bitcoin iam going with bitcoin,actually iam not sure that would be happen
but i still convinenced my self that bitcoin will be our new currency
i still believe:)

US dollar for another 30 years.
But why is the Zimbabwean dollar there? Just for laughs?  ;D

US Dollar will be global currency until next dozen years, no doubt about it. US wont let other currencies like EUR or GBP overtaking USD, even for a cryptocurrency like bitcoin. I think we dont need make bitcoin to world currency, its enough to us if all governments just legalize it, so we can use it freely. Just let fiat to be a government tool, we have bitcoin as our own currency.

US dollar is going to die in 10 years.
Euro will die as well.
Bitcoin will replace them.
And in 20 years local countries currencies will be gone.

What a delusional thing, bitcoin can be global currency by world people, but cant be replace fiat. If there is no fiat, then government cant get any tax from people. Thats why some government still ban bitcoin, because they think it can make big impact to economy of their country.

I can't make my mind between US Dollar and Chinese yuan. The chinese people have a great economy, they never sleep they work all the time. It can be the next currency we will all use.

Bitcoin is not backed by military so it's not going to be a world reserve currency.

they cant tax all transactions of bitcoins for sure,but would be good to be back some years where you buy potatoes with carrot and rice, corn those time will return there are some places people doing those again

you are living in a fantasy world. wake up! what you say doesn't make sense. the only thing that makes a little bit sense is that the euro might stop existing. bitcoin won't replace any major currency.

That's true, bitcoin can never replace any major currency, and when it comes to currency, I think USD is the king, no other currency can replace it, Bitcoin can never be a primary currency, its gonna be secondary choice for sure, no doubt it would be a mode of payment but not a primary currency.

how do you know, bitcoin is backed by people money, there isn't any single category that cannot support it

there is possibility of what he is saying, the problem is more related to the time frame, 20 years are not enough for the collapsing of the whole fiat system...

I believe in Bitcoin, I have Bitcoins.
I just observe that Dollar is so strong.

I think dollar is still the number one
But doesn't mean bitcoin can't, I hope in next 5 years bitcoin can be new world currency, especially in my country.

Impressive there are more people think BTC will be the default money rather than USD.

This is the bitcoin forum alright!

Still i do not think dollar will be replaced. Why? Because even now we measure the value of btc's by dollars. This will never change.

Bitcoin should be our new world currency. It's far more valuable than other cryptos including fiat (1 BTC = $285) while as it is a decentralized and global currency for anyone to use. Another thing that Bitcoin does is to prevent inflation unlike fiat of course. Just my opinion  ;D

When i borned who hasnt money to pay exchanges things without the taxes.... what changed from past to the curent?Politicians steal our money ,and declare war to others,inteasd they worry with who has nothing to survive how much do you think they spend in army ,and how much they get to their pockets?

There are a lot of things which 'should be'. Sadly, things do not work that way. Fiat isn't disappearing out of thin air, euro will die out in this coming decade or two (probably). Otherwise, I can only imagine a world where both fiat and crypto currency co exist. Both compete with each other and there are arguments about replacements and mass adoptions but both stick around eventually assuming crypto is mass adopted.

Well I never find any fiat forum  ;D 
There are many other fiats beside USD, like GBP and EUR.

Then do you think I support government? But actually most people say they hate government, hate taxes, and anything related to the government. But I guess they will forget that if they have worked in the government sector.

Not a question of support or not the Government but rather its management, all of them a way to divert funds that would improve school, health, roads, necessary goods for the population. No doubt that most questions the Government and its spending until part of it, in this situation the critiques only decreases in order to avoid political conflicts at work.

Richard Russell – A New World Currency Is On The Way But Here Is The Biggest Surprise

As the world continues to digest breaking news out of Greece and Ukraine, the Godfather of newsletter writers, 90-year old Richard Russell, warned that a new world currency is on the way but he also covered what will be the biggest surprise about this new currency.  Russell also described how this will impact the entire world, including major markets.

Richard Russell:  “On Friday the Dow closed at a new record high. But today it appeared that the market was consolidating its gains. There are two ways to operate in a bull market. When we're early in a bull market, dividends are higher and stocks are relatively cheap, we can take a large position on the thesis that losses are limited

read more: http://kingworldnews.com/richard-russell-new-world-currency-way-biggest-surprise/

That is true, but bitcoin to replace any major currency doesn't seem possible looking at the present price fluctuations in bitcoin.

I firmly believe that new world currency would be USD as it is the most powerful currency and cannot just disappear with the existence of bitcoins. USD have maximum users and have faith in it and surely they would not trust any crypto in compare to USD.

First of all, the very existence of a world currency is unhealthy and not required, I don't even think its necessary. If you are referring global currency as world currency, then yes USD is the current global currency. It is the currency people trust in foreign trade and exchange too. The reason being very simple, its because of ease and adoption people have invested in it from years. Currencies are just like languages, there are many. People speak English because of mass adoption and ease, the very reason why Dollar is chosen over other currencies.

I can try to explain why bitcoin cannot be world currencies. I believe in bitcoin. I even love bitcoin. But bitcoin is to rigid money. Don't leave space for maneuvering. And the economy is to complex and need to many intervention. So if there will be a crisis the economy need more money in circulation than usually. Bitcoin cannot do this because the amount in circulation is fixed and augmented every ten minutes with 25 bitcoin (for now because after a year even little). While the fiat money can be printed how much needed to combat the bad situation and to help the economy to go out from the crises.

But not must be forgotten that the fiat money in the wrong money can do even the worst for anyone. There can be printed money not only when they needed but even when don't needed. In that situation it will be big inflation of the nationally currency and the crisis goes badly. There are to many examples in the our world. For example the money of Zimbabwe which produce money like childs print their pictures. In this cases the money is on the hands of the irresponsible people that must go in jail.

You have using this wrong thing for your lifetime. We should never blame fiat, because it just a currency or payment tool. The disadvantage of fiat is government get full control on it. So the value of fiat depends on how government manage it for its economy.

What are you talking about? You mean that is me or the guard of the central bank which print money? This is what you have understand for what I have wrote? You are in big trouble mate. Control yourself.... Who had blame the fiat money?

I believe that Bitcoin stands a chance to become the new world currency. The US Dollar continues to depreciate in value and the American economy is in turmoil. Considering that the blockchain was created to help solve this economic crisis, if and when the dollar completely collapses, those who have any of their assets in Bitcoin will be in better financial shape than those who dismissed it as a sham.

Interesting thread and question.

Bitcoin goes against centralized banks, which most people have been conditioned to trust at the moment.  So until the people demand decentralization, which will require the average person to have decent awareness of the monetary system, it won't happen.  I think the likelihood of that happening is also very low.

I think it will be a good alternative currency, but likely not the global currency.

As for which fiat currency will win...really not sure.  It will be interesting to see how the decline of the USD plays out...it will really shake up the whole world, so I think it will remain the global currency supported by limitless debt and an ignorant population.

not to mention that us dollar cannot be a a true global currency like bitcoin, because it isn't accepted everywhere, and you need t pay a high fee to exchange to the current fiat in those countries that do not accept it

bitcoin on the other hand can be accepted by everyone and it is the only currency that can be used as a global currency, no fiat can compare to this

USD of course! I wish if it was bitcoin but it won't simply happen  ;)

I think bitcon would be perfect as a world currency. I think it would be a bad idea if some government or entity tried to force one on us but a decentralized one like bitcoin that is adopted naturally would be awesome.

Wow sorry dude, seems I have misunderstood your opinion, I though you said money is a worse thing for everyone.

Well atleast most world people know US Dollar, and in otherwise just 20% of them who know about bitcoin imo. Sooner or later, if people aware bitcoin, then no doubt it will be accepted by everyone. Its a challenge for government to face this reality.

If we measure the usefulness of a currency by the number of people who would potentially accept it, I think Bitcoin is already more useful than most small currencies of the world.

yes, as long as fiats exist, dollar will seem to lead its position as the best fiat currency in the world, because dollar is too powerful simply because of the relations of the country and the strength in its economy. In a situation when dollar fails, I think other fiat currencies would try to replace it. And when things don't work out for fiat altogether, I think that's when bitcoin has a chance at world currency.

this is the result for the What will be our new world currency?
17 people already choosen US Dollar for another 30+ years and 17 people already  bitcoin
But
there are 2 people has already choosen Zimbabwe dollar
do you believe in that Zimbabwe dollar will be our new world currency?

IMO, it's a battle between USD and btc but I still choose bitcoin. Bitcoin is our future

I do think a "world currency" is a hard thing.  Its not easy to get entire world to accept a form of currency.
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With the way things are going, a one world currency is around the corner. BTC has a long way to go, USD is still the major player, so it seems it will be the world currency.

I feel that the US dollar will remain the currency of the world, I think it was the best. US Dollar is very well made in the role of prices in the world, but it also has always done, so I guess it's better to stay this way

The government can't accept bitcoin because they can't control it. We will never see bitcoin as main currency, but it can became a great alternative hedging currency.

It will stay the main currency of the world for as long as fiat currencies exist. Nothing can change that. Everything in the world is tied to the dollar. Nothing comes even close to that.

Maybe bitcoin can be our new world currency, because there are many people who already use bitcoin now. So i think Bitcoin can be the 'next' Dollar, maybe someday it happen.

I never think that the world is just going to have one only currency, there are so many currencies on the world and I do not think that some countries would agree with having just one currency in the world.

yeah i agree with you, as we know the journey and the dollar has become a favorite currency of various countries, but until now could not replace the dollar all the existing currency. As with bitcoin, bitcoin will not be the only currency in the world, although it can beat the value of the dollar. thank you

being accepted by a couple of places in the world is a lot different that bein accepted as a global or world currency.
i don't think we can ever see such a thing that can be accepted and be used all over the world and with the same value. and it doesn't matter if it is USD or bitcoin they can't conquer the world.

Well it could be.
In the past we had gold coins which were universal (they still are btw), but suppose some kind of disaster overcomes humanity, then we will get back in time.
if not i do see 1 major digital currency being accepted all over the world. This would be a currency used next to their local currency.

And that currency could/should be bitcoin.

I think the euro, the dollar or the Bitcoin can become world currencies.
Since the dollar already has this title, if the United States economy is destabilized, it may be changed, what propels another currency globally.

yeah every time lag global currency will always be replaced. because life is like a wheel. and will always spinning. bitcoin will have time to become a global currency I'm sure it

Yeah one bitcoin could one day be worth more than a dollar. 

Yeah because all things are currency, there will never only be one. 

i dont think there are allot of peopel interested into a new currency because the bitcoin is not known by many people yet and it is quiet new so when you ask if there is coming a new cryptocurrencie i dont think that would happen

There are always one currency on top of all but i dont think we can have only one currency. as we all know dollar and euro are the most used global currencies. while bitcoin is growing and became important as well, maybe in the future its worth can be as fiat.

There will not come a new currency because there are to many people interested into the bitcoin right now. and that will mean that when you are introducing a new currency no one will be able to invest into that one because they allready into the bitcoin of course.

the dollar would remain the currency of the world, but maybe someday it will be replaced, and which have the potential to replace it I guess is the euro, because he has a greater value

it is true that not more people know about bitcoin, but it is also a fact that whenever a person come to know about bitcoin he immediately try to adopt it and use it instead of other currencies and payment system, so when everyone will know about bitcoin, it will have a chance to take over.

Nice collection of false statements.  Care to estimate for us the number of people currently holding  人民币 in their pockets?  I just bought a few thousands of those fiat notes yesterday.  There is never "one currency on top of all".  People trade using whatever they like and negotiate the terms of their trade, as they always will. 

But if we talk about the global currency then we can say there is only one currency ruling over the world which is dollar, and if any other currency or bitcoin got the potential to become a global currency then it will be a great thread to dollar. It is not possible to have multiple global currencies.

I will say that bitcoin will have a chance of 100% to become the new world currency if we remained with bitcoin and did not agree to leave it after some time, bitcoin just need our support and you will see after a few years it will have the power to become a world currency.

Bitcoin can beat dollar only if bitcoin got a stability in its price and approved by governments otherwise it will be harder to predict that whether people will accept bitcoin as a world currency or not.

you still gotta factor that most people in the US are displeased with the deficit.

if youre not from the US you should still be aware this effects every other country in some levels back in their own country currency thats heavily invested with the us dollars.

the dollar will die out but its a matter of when, and that "when" factor is how old would I be to see this even happen. In my opinion this would be like several generations down then me since I`m already at half my life span.

i doubt that bitcoin price has to be stable in order for the bitcoin to replace dollar pretty soon because more and more people are going to use bitcoin every day i think

i think that our new world currency is going to be bitcoin and i think that it will replace all the money that we have right now, i hope my predictions are correct because the price would grow a lot then

Bitcoin is new currency, completely different then any other.  For me that is future money, and I think other alt coins will have place there also. Bitcoin will grow, and when become very expensive what you think will everyone have one? There is a lot of space, free space for some good altcoins. That means that blockchain technology is the future, bitcoin will be first and most! expensive one.
This is just my thinking about future, it's very possible for us to see something totally different and new.

Well the most probably to be the world currency 10-30 years from now is still USD. It is still USD because many trust fiat more than other cryptocurrency or bitcoin. The second one possible to be world currency though is bitcoin but it's chance of being a world currency is about 5% 10-30 years from now.

There is going to be no world currency because it is different per country, I believe that there is never going to be a world currency because some currencies are higher then the other.
So some countries are just not going to agree to it because they will not really profit from it.

I think that the new world currency will have to be something that is actually "global" instead of owned by a single government. Bitcoin is the perfect solution to the problem in my opinion.

USD is going to collapse, and so is every other fiat currency.

Bitcoin’s rise to prominence is causing a global rethink of the concept of money. government-backed money has not stood the test of time; the average life of fiat currency is estimated to be 27 years, if fiat currency collapse then bitcoin takes its place.

I see a lot of votes from bitcoin and is in number 1. Is this because the poll is done in this community? Us dollar at second place but that cant happen. If it goes up as worldwide currency it is like that we should better be colonized by that country.

I think that the US Dollar is going to be the world currency again or it is going to be China because they are sneaky and there economy is growing quick.
Maybe they will surprise us or is that not even possible?

These popular currencies like USD EUR GBP YAN etc will be on the top for at least few decades from now, I believe that bitcoin will grow time by time if more countries support bitcoin and more businesses accept bitcoin.

Exactly right, even when more and more countries accept bitcoin the popularity increases. At the same time this popularity won't make those dollars, euro and other leading currencies down. So bitcoin continues to be the leading digital currency.

I hope that bitcoin, because it proved to date bitcoin so many benefits compared to other currencies.

Till the day bitcoin becames mainstream i believe dollars will be keep their place. Bitcoin has no way to fight against those coins besides being a limited by number they are unlimited by value, but i doubt bitcoin can reach dollar or euro transaction volume.

Actually the American dollar is already the world currency and I can't see any event that could change this situation for the next 20 or 50 years, because the USA has proven to have the enough strength to overcome again and again the multiple crisis that they have continuously suffered, and I can't see any emerging country with similar strength to impose its national currency as the most important one.

It is the bitcoin related forum and you expect people here don't believe in BTC or something? Of course it is number 1 because of our community, and that is totally fine.
If this was 'standard' old school economic BBS you probably wouldn't see anyone voting for bitcoin.

The thing is dollar must fall at some point. But I doubt it will happen during our lifetime. You see, the bigger the bubble the longer it takes to collapse.
And dollar is certainly the longest lasting global currency of modern times.

Whatever they feel like implementing ::). I'm hoping for bitcoin to be a new world currency though, that way  I probably wouldn't have to use debit cards most of the time  ::).

I don't know something or we never even had old world currency?  ;D I think that dollar is the most close to this satus but anyway bitcoin is very far from it. ;D

Poll's closed, but I'd say USD for maybe another 15 years or so.  I don't think bitcoin is going to be replacing anything anytime soon.  If anything, another fiat currency will if the USD hyperinflates.  Or gold & silver or something like that.  Bitcoin has a loooong way to go before it gets widely adopted.

because this vote belong on the bitcoin forum i'm pretty sure that the results can be certainly bitcoin will be the first but we will see different results if this vote were outside forum and might be dollar will be the first

world currency must be authorized and controlled by a country,
bitcoin litecoin and etc only anonymous not only one country is officially bitcoin handle and litecoin
if bitcoin or litecoin so world currency, exchange tool will be very difficult because bitcoin is also not in physical
so is imposible bitcoin or litecoin world curency

The most commonly used world currency will be the us dollar for some time now. Unless there is some sort of catastrophic event that deflates the dollar then theres no reason it will get replaced. Id like to think bitcoin could crush it at some point but its hard to do that when so many people have their faith in the dollar. Im sure the euro isnt far behind but for now and the foreseeable future definitely usd.

I think that it still is going to be the US Dollar because I just do not see any other currency take over, especially not Bitcoin.
Bitcoin has still a long way to go before they are on that level.

Dollar in the most powerful currency in the world base on my opinion but I think bitcoins will become the first major digital currency in the future and dollars will be affected as the demand will certainly decrease on that certain currency.

This is just my prediction and I know it sounds crazy but who knows, we cannot see the future.

The dollar is supported by the US military power. The bitcoin is supported by the network of people's will. Bitcoin might win.

The dollar is very susceptible to losing its vaunted reserve currency position.
While the dollar looks more and more like the Titanic, bitcoin is becoming the little lifeboat you really may want to be on, just much sooner than you ever imagined.

Being a bitcoin lover i want to see bitcoin as a new world currency but i think it will not gonna happen, if it will happen then it will take a long time.

i think bitcoin is going to be our next world new currency. bitcoin will dominate all other currencies and people will use only bitcoin instead of fiat currency also.

thats right, dollar wont go for a really long time in my opinion, because of that bitcoin will get a great chance of becoming a new whole world currency hopefully

i think that USD dollar and BITCON both will be effective in future. but bitcoin will be a little more as most of the people at that time will using bitcoin as a primary currency and Dollar will be use as secondary currency.

It will always be the US dollar. But who knows, there will be a sudden change and bitcoin will take over as the new world currency.  As they say U.S. dollar is fiat money.  The currency which is the most used in international transactions and is the world's primary reserve currency.  So it cannot be any other currency aside from it. 

if bitcoin be a new currency i think its fun, because bitcoin can united all country without any difference in money currency. so people have bitcoin currency and if they travel to one country let say they travel to other country, they can exchange their bitcoin into country money currency, and so on. perhaps in future, we can found many local exchanger which have a good achievement.

bitcoin can be a new solution for every country and i think its a good movement in the future.

Fun for us, but not fun for them.

Since when do governments accept anonymity? I don't think they'd ever agree to it. We've entered a new era with many, many changes. That is right, but I can't see a way of agreement with the governors to make BTC a currency.

as in present time USD is the world number one currency and it is difficult to defeat it in next 20 to 30 years of age, but hope that after that when bitcoin will be more popular in the world and  when it will be usable in every part of the world then hope that bitcoin will replace USD, and then bitcoin will become the world number one currency.

The US dollar is supported by the largest military power in the world, it is difficult to replace it with bitcoin.

We hope that bitcoin will be our next world new currency and it will beat all the currencies of world specially Dollar and become a number one currency of the world but right now it is not possible because Dollar have very strong importance in the world market and bitcoin have to work hard and accepted in the local markets as well then it will happen for sure.

i hope that bitcoin is going to be a new world currency, i hope that bitcoin is going to be huge and that it will replace all the currencies of fiat

if bitcoin already used evenly as payment, I think bitcoin will become the new currency in the world. but it remains a viable alternative would not replace fiat.

How will the big leaders allow this to happen? Bitcoin is very hard to be traced. Leaders want to have us in control. As we find Bitcoin being one of the ways we can finally feel.. private and safe (and no, we don't have to be dealers or theives to look for safe ways), this is their enemy.

BTC is top of my list at the moment...

and maybe CNY(RMB) hv the chance too

I won’t say it will be ‘bitcoin’ but I think the new world currency will have global acceptability and it will have inclusive approach towards the economies around the world. You can’t predict the accurate future of bitcoin but next generation currency will be more close or probably the same as crypto currency. I think major currencies like dollar and pound, Euros will have existence with majority but the currency that we are talking about would be near to these traditional currencies.

Did you really post this without adding an option for digital currency ON a digital currency forum? I'm done... That's enough internet for today.

The bitcoin is on number 4 in the list. There are 18 people voting for it at the moment. I think bitcoin could be one in a few decades.

i do not know what to say.i know bitcoin is good but not the best and it gave us a good concept to manage our new world financial status.its now depend on us that how we develop our everyday living with this wonderful idea

what is cny? i thinm etheruem has a much betetr chance to be the second strongest, no other altcoin can match its capital, it's about 1 freasking billion, very high for an alt, only bitcoin is better

CNY aka 人民币  is a privately issued exchange commodity ( a fiat currency ) which currently has the largest user base on the planet as well as the largest circulation.  Just like its little sister the USD it is unverifiable and issued in unknown quantities at arbitrary times, according to the whim of criminals.  However unlike the USD it appears that those who issue it have some small regard for their future - investing some of the proceeds in infrastructure, in particular in southeast asia. 

I think that the US Dollar is going to be the new world currency but to me it does not really matter what the new world country is going to be.
There are so many different currencies that for me it does not much make a difference.

of course it is going to be a new world currency in the future, i hope that its price is going to go up a lot in the future and make me some good money

The next new world currency could be Ethereum based currency.

http://www.coindesk.com/santander-vies-become-first-bank-issue-digital-cash-blockchain/

Spanish banking giant Santander is working on a project that explores how it could digitize customer cash using the public ethereum blockchain.

Revealed today during a panel talk at Devcon2 by Ether.camp founder and ethereum Java client developer Roman Mandeleil, the news was confirmed by representatives of Santander. In statements, Santander said its goal is to open up its bank-issued funds to a community of innovators as a way of tapping additional efficiencies.

Given the recent deluge of proofs-of-concepts and consortium announcements, Santander's move to potentially issue digital cash on a live public blockchain emerges as one of the more unique projects globally. Running for more than a year, the ethereum network has a market cap of more than $1bn and nearly 40,000 in daily transactions.

In interview, Mandeleil explained that the Santander project envisions how the bank’s customers could convert money from their real bank accounts into a 'tokenized' online currency called 'Cash ETH' that would be redeemable for paper currency.

Mandeleil told CoinDesk:

"These tokens are backed by real money in Santander. At any moment you can get them back and get the dollars."

In a demonstration, Mandeleil showed how a fictional customer could use the prototype to create digital money for use at online merchants and accessible with a mnemonic passcode called a brain wallet. (Despite past issues with the concept, he called this version "statistically hard to break").

Santander representatives indicated that the bank is now seeking to work with Ether.camp on engaging other banking partners in the project. The two partners are also looking to run hackathons that would focus on developing use cases around micropayments.

In essence, the project aims to envision a way for banks to open up their basic bank account offerings to new ideas and transactional services. Further, Mandeleil said the project is part of his 10-person startup's vision that focuses more on using blockchain technologies to achieve incremental benefits for banks and consumers.

"It's more like evolution, not revolution," he said. Still, he emphasized that the trial, should it go live, would mark a "huge leap" by establishing a connection between a publicly traded financial firm and and a public blockchain.

"You can start to build more and more stuff and say to the regulators 'It's not so scary,'" he continued.

Elsewhere, in his talk, Mandeleil discussed Ether.camp'sk with blockchain startup firms including Gemini and Rootstock.

Mass media

Mandeleil showcased a system whereby a Santander customer would have three new options to coincide with their traditional bank account – tokenize, transfer or refund.

Should the user elect to 'tokenize' their funds, the system is set up to allow for payments of as low as $0.01, though small charges may add to Santander’s earnings depending on how the user chooses to allocate the funds. In the example, $350 in funds were withdraw to a test version of the ethereum blockchain, with $1 going toward gas payments, which are needed as payment to execute transactions on the network.

By paying the gas upfront, the user is allotted a certain pre-set number of transactions they can execute, though this figure can be increased with additional payment. Mandeleil sees the digital Santander dollars as a viable alternative to PayPal.

"It's not something that users will not do to have the agility of money. You click on the payment, then you put in the private key and you have the balance and the reliable transactions," he said.

To offer a better view on the project, Mandeleil walked CoinDesk through a version of the prototype in which a user tokenized funds for use as payment for an article on a demo version of The New York Times website.

I think that should be prioritized is adopter of bitcoin instead of bitcoin prices. if you want to see bitcoin has many users should you can start promoting bitcoin because with more and more users then the future of bitcoin will be even brighte and may become a global currency in the future

I don't think bitcoin will become a new world currency but I do think it will be something like a cryptocurrency seeing as we get more digital and advanced everyday.
It would be too primitive to stay with physical cash and the current system which we live by.

I think every single Bitcoin user is looking forward and hoping that everyone would love Bitcoin as much as they love using dollars. Dollars can be used anywhere in the world. Imagine using Bitcoin and looking all cool just because you used that currency to buy at a shop. In reality, though, people will not use Bitcoin any time soon. They will continue using what they are using right now. So, for me dollars would still be used mostly all over the world.

There will not be unique world currency, it is just impossible. World monetary union is something that is impossible to carry out. But there could be one currency that could unify people to use it as an alternative currency without centralized autoritet and governement influence. And Bitcoin that already is.

Well, US Dollar still popular and still the best currency such poundsterling and euro, i think this 3 main money will keep the best. For bitcoin, it can be our new world currency though. but we need to motivate other people to use bitcoin.

usd is certainly the most widely used for other than real currency. usd also become the most widely used currency. whereas bitcoin? still not legalized. it seems to me

U.S. $ would still be the universal currency because of its being known virtually everywhere. And there are money changers practically everywhere that accept the U.S. dollar.

I hope bitcoin is the new world currency in the future, may take a long time. No one can predict the future development, and now the rapid economic development, there are a lot of problems, I hope there is an economic revolution, to change the pattern of the present.

US dollar still the real world currency
bitcoin litecoin and more only digital curency not real curency

I do not believe that Bitcoin is going to be the world currency as in most used currency at that moment. I still think that the US Dollar is going to take it again.
Bitcoin needs more time before they can find them selves on that list.

they are real currency just not used on a large scale, and what is your definition of real? don't tell me that because you can't touch them lol, they are far superior to fiat but people seems to no recognize them yet, we will see in few years

agree, i don't believe too because the age of bitcoin is currently not too old for currency. Just for alternative payment and that's enough for now.

So most of votes ate for USD and Bitcoin. I think if in one moment all nations will agree to use some one kind of currency they will create something new. As it was in European Union, they created Euro. So if it is gonna be some World Union it is gonna be some new currency. That is just my opinion, but who knows how it is going to be in future.

This is bitcoin what do you expect... I surprised that there is only one vote for gold though. To me gold is a lot better than both usd and bitcoin but it can change at any time.

Check this:

https://i.imgur.com/J2tK8Vr.png

Gold always will be a winner against USD.

I think no one is going to print new money that will change all curency and will be used globally. We can say that USD is most globally used currency, not global currency but import/export in many countries are in usd and situation don't requires to print new and only one currency. So in bitcoin, situation is maybe same. It's mostly used crypto currency, many company is mining bitcoin and much money is invested in it, so we can proudly say that bitcoin is leader in it's job.

There is definitely a chance that there will be pushes for a single currency at some point, but a lot of that (and the conspiracy theories surrounding it) would have to be put into action through some events that are on the brink of happening. For now, though, it seems likely that the USD will maintain its position and it won't be replaced anytime soon. Bitcoin is for sure the leader in the cryptocurrency economy, and it will likely stay like that for a long time.

Dollar will surely dominate the world because they are a strong country, I do not see bitcoin will be the mainstream currency as it is only good for online transaction, I do believe somehow bitcoin is also a good help for us as we have the option to transact anonymously but it can never beat any currency in any country.

Sorry but I do not think that the Bitcoin is never going to be a world currency because they are to small for something like that at this moment.
If they will be able to become bigger and a serious currency then it might happen.

As of now we may say that bitcoin is not going to be the new world currency but I do believe that it is going to be the new world currency. Because the biggest business tycoons like Bill Gates sees the future of crypto currency and he do believe that the future will be the crypto currency so I believe that bitcoin will be the new world currency out of its age.

I think so since penetration rate o bitcoin is quite slow but still theres still possibility in the future. As of now, it is still the dollar that dominates but also we have to watch out the Chinese yuan because they are also expanding their influence.

For the following years, dollars would be the main currency but after people have adapt the computer age, we will start having more and more people that are interested in using Bitcoins. A lot of people wants to see a cashless world because the government is abusing the power of fiat money. I think in the far far future, Bitcoin will finally take over and all those useless paper money will just be part of our past.

Bitcoin is the futuristic currency that adapters used and if all peoples know about bitcoin,Bitcoin is soon to be the new currency that people can used in their daily transactions.

I agree about that but I am not too positive that majority of people will use bitcoin for online transaction, there are still issues that needs to be resolve and for sure not all people are willing to risk their money transacting online in a anonymous way. Most prefer to be known so in times there is a compromise or problem it can easily be resolve.

It is true that the government is abusing the control of fiat currency so many people will prefer digital cashless transaction. But because many people are yet to know about the existance of bitcoin, there is still challenge in that regard. One other problem is that bitcoin's physical shop usage is not that much convenient and affordable, hence people will be a kind of skeptical about. Even as at that it is still okay.

I think the new world currency would be Bitcoins. Today, accessing the Internet is one of our primary necessity. Most of us can't even stand not having their phone with them. To be honest, I'm one of them. The payments too are done by a lot of people using the Internet. Most of them are using Paypal, of course, because they don't know about Bitcoin yet. Once they realize the flaws of Paypal and other payment methods, I'm sure that they will eventually stumble upon Bitcoins and love using it.

I think the US dollar will remain the world's currency. Because if bitcoin be a world currency is still not fit my taste. Because bitcoin prices always fluctuate so that it would create economic imbalances. There are many factors to consider if you want to use bitcoin as a world currency.

That's true. Bitcoin needs to travel long to become a world currency. Right now US dollar is very strong as a world currency due to its increased acceptance as well the stable value. In my view bitcoin is very young to get recognized as a world currency. Soon after years due to continuous adoption and the digitalization of world things could change.

as you can see that in present time USD is the most popular and stable currency of the world and therefore it is the world number one fiat currency, but as the interest of the new generation is now changing to online buying, selling, shopping and trafers, therefore their thinking about currency is also changing and now they are giving preference to bitcoin as bitcoin is the world number one crypto currency.

Talking about world currency is almost impossible in this moment, we have so many currencies that are fighting for throne. Yes dollar is most dominant currency in the moment, but it`s not strongest that is a fact. Dollar depends from many things, and in future economic crises dollar can easily crash if something goes wrong.
I think that will be the moment for bitcoin to step on stage, and only then we can expect something to happen. Before that things will stay as they are, dollar is present on too many markets that can be thrown from the throne.

Bitcoin still good as alternative for usd.. and i think it can be the best crypto currency in the world and can be the best online payment processor online in the future for now there is few stores online that can accept bitcoin as payment..

in present time as we can see that US Dollar is one the most stable and popular currency of the world and most of the countries economy is depending on it,  but as the new generation are interested in online trading therefore they need a digital currency which will be more convenient for them to use, therefore i think bitcoin is the best option with them and hope that bitcoin will be the new currency of world currency.

Yes US dollar is very strong and has a very good stability and even continue to increase. To be a world currency bitcoin should be accepted as a fiat in one of the countries that want to accept it, and also must have a form to determine nominal. Very difficult that happens, the most important I think bitcoin known to many people and continues to grow.

As of now, Usd is still the currency that is popular in
every country. Bitcoin is a long way to become the
new  world currency, as we all know not everyone
can easily adopt bitcoin and finds hard to use bitcoin.

World currency in long time period can be Bitcoin, especially, if many not so developed countries, like India, China etc. will implement it. For this step all countries need Internet network developing. In medium time period of course USD play its role as world currency. Do not forget that many people like paper fiat too, so all paper fiat money is more or less strong.  ;)

and it can be said that the dollar is the international currency because most international transactions in dollars and the exchange rate dolar

Yup I can confirm I'm one of those people that likes paper money  :) I'll be the first to admit that it's not efficient (in the sense that it's not practical to carry large sums around) but digital money or even plastic don't come close to the feel of a semi-thick wad of bills ;D Plus I love the smell of new bills, plastic and digital money are so boring in that regard. Also paper money is as close as you'll ever get to true anonymity.
That doesn't mean that I'm against digital money, I just wouldn't mind having paper money around for a little longer.

And i think it will be around for quite a long time still bro. I don't think we'd be able to see it being replaced during our lifetime. People still would have a hard time adjusting if ever paper money would be replaced and a lot of things must be done first so it would a considerable amount of time if ever it will replaced by digital currencies

Without a doubt it will not be bitcoin. Let us be real here. They wont let that happen. Yes there is a UN but they dont really cooperate with each other. It is more who is the stronger everyday. More like a fight to which currencybis strong so bitcoin got no spot in that.

I think for the next 20 years, dollar will be the world currency.After that, it may be replaced by Euro.I wish Bitcoin should be the world currency, but it will take a lon time to happen.

yeah I think that the internet would be a very flourishing future later possibly all financial transactions can be accessed and used online.
and you could see today that fewer and fewer people use paper money right ? people prefer to use a credit card, or debit card for shopping at supermarket

well that depends. if we're talking about how widely used these currencies are right now, it's still going to be the dollar, and I think it would be so still in the next couple of years. although digital currency is slowly gaining more popularity, when you say world currency, I think the dollar would still the basis for now.

Theres a high possibility that Bitcoin is going to be the new world currency and I cant wait to see that happened

It is easy to predict in the bitcoin forum that bitcoin is going to be the next world currency. There are so much of things going on in the world right now, like war-drumming in the middle east, strained relations between US and Russia, Brexit in Eu, volatile economy etc..
We might see a new fiat currency put into use, like some kind of Eurodollar for example.

I think it reached that level it was not easy thing you know ? bitcoin is currently not so well known and very difficult for bitcoin to be able to get the legalization of a one country ? because the government thought bitcoin is a threat to them and their currency ?

I'm pretty sure that most of us, people that are always on the Internet, will become global minded in the new world instead of just staying inside our comfort zone and thinking locally. We would need bitcoins at that time to transact with people worldwide. But because the majority of people aren't ready for this, I think the currency in the next decade or so will still be dollars. People just love the USA and dollars so much.

Indeed. Bitcoin will remain in the future but I believe that it may take time to be legalized and consider it as a new world currency. First it should be introduced to each country and yeah there will be a lot of debate and discussions to attend to before it reaches its goal. For now, USD will still be the top world  currency.

We could dream of making bitcoin legalized but I am losing my hope to that as since we are making bitcoin increase its price, the government should have make the right move to legalize bitcoin as it has a great amount of money circulated online specifically in the crypto world, but seems I do not hear any news regarding that.

bitcoin is still cheap, if you take the figure, 1 bitcoin = 100,000,000 satoshi and 1 bitcoin = 729 USD then 100,000,000 satoshi =  729 USD; this means 1 satoshi equals 0.00000729 USD or 0.000729 cents.  Now tell me if bitcoin is expensive  :D .  I can say that it is impossible for bitcoin to be the main currency of the world, it will always fall to alternative category in my opinion.

I do believe bitcoin has huge potencial and will grow a lot on the next 30 years, the question i cant reply is if bitcoin will be new world currency or will keep the same situation as now, without any rules over it, and with full freedom.

I really hope that bitcoin will be the answer, it will be cool if in the future we will adopt digital currency, unfortunately there is still so many obstacle to achieve that, i think dollar will still become world currency the most make sense currency to replace dollar will be yuan, because china economic growth is really good

You just went from 1 Bitcoin to 1 satoshi. 1 Satoshi is the smallest unit of bitcoin. Of course it will not cost that much. So yes, bitcoin is still expensive. 1 satoshi will of course never be. 1 satoshi basically doesn't have value at all in this world.

Bitcoin is really possible to become that main currency of the world since people are starting to send money from afar more frequently nowadays. Also, making all the transactions have a digital record will benefit the majority of people.

I dont think it will be bitcoins because i think bitcoins will remain as it is alteenative currency to use especially online. But there still a chance of bitcoin to become a world currency is ita price will be over as US dollars .if i am not mistaken bitcoin only varies with US Dollars from now and then.

i am not sure about this because many currency now is having the same chance to be new world currency. we can see that gold, fiat especially dollar and euro, is having a big chance to be new world currency and don't forget that bitcoin is having the same chance too.

there will never be any world currency since people around the world in different countries will never accept it and even if they do the government will never allow it because that would be giving up control.

who is going to print that global currency anyways? can we all trust a centralized money printing machine. what if they decided not to give one country any money?

we have all different currency in each country we do not know what would be the world currency, if you think bitcoin i think it is not be world currency because not all people are using it even dollar or any currency.

Every country has got its own national currency. During the early days dollar to got into existence with very less value, but due to the economical variations things changed and evolved as a world currency. At the same there are currencies which had big values during its existence and got vanished. Everything did't happen in a short term, it took years and years. So bitcoin as a digital currency has got acceptance as an universal currency but it takes lot more years to get accepted similar to dollar or take role as a new world currency.

I think you forgot to mention the Yuan of China. There are countries already who are using and incorporating Yuan in their trade.Though that not too much influence, but we can underestimate the Chinese. I hope bitcoin will gain more popularity in the coming years.

As a crypto currency, Bitcoin will be one, and i believe on it, that bitcoin will be one in future, But as a fiat currency, USD is always one and also in future it will be one, because it is a International currency, which we can use it in other countries and also they recognized it in all over the world, I don't think any fiat currency is here, which we can use it in all over the world except dollar. Price and Value up and down, it doesn't matter, Bitcoin in crypto and Dollar in fiat both are first currencies in own places.     

this is only bitcoin  , Because bitcoin is more simple and easy to handle and very low transaction charge .
but in doller there is also only small charge but we have no simple method to fiat convert from one currency to another .
in bitcoin we can simply convert btc into fiat just by only at 1% at lbc .
so bitcoin will be better then doller .

The next one could be the Chinese Yuan. But the bitcoin can also be a good candidate to be the global currency.

I really don't see how bitcoin would be able to be the next dominant world currency.
At the moment it is the dollar followed by the euro with a big distance.
Bitcoin with its 12 billion market capitalization is way too small to play in that league, even if its worth would climbe 100 times of what it has now.
In my opinion the dominant world currency has to be a fiat, backed up by a major national economy.

What currency question depends on the economical and social situation in general in the world. If everything will be relatively peaceful Bitcoin can become the new world currrency, because in peaceful times people tend to trust the science and all the abstractions it works with. If the would be some kind of crisis, there is no chance people will continue to believe in numbers.

Yuan got the opportunity to become the world currency because china got a high economic growth, but the growth still cant beat out dollar, it is going to be a dollar for another 30 years, because most of the investor or traders already familiar with dollar, bitcoin still cant compete to become world currency becaue of the limited amount

Ofcourse it would be bitcoin we got the big opportunity in bitcoin by doing tradings and investments bitcoin is already grow community and every one can use this currency enocomy is high right now even india are using bitcoin for tradings. Maybe in year 2020 bitcoin will be the world currency.

Well, US Dollar still popular and still the best currency such poundsterling and euro, i think this 3 main money will keep the best. For bitcoin, it can be our new world currency though. but we need to motivate other people to use bitcoin.

Yeah, there is no doubt that US Dollar is till the world currency for at least 30 years later. Bitcoin need to do many things to prove that it can be able to replace USD in the future. Now, bitcoin supporters have to work with 100% efforts in order to increase Bitcoin reputation and introduce it to many other people.

First thing the world will not be new it'll be same like as it is now but the things which will change that population and pollution these things will increase day by day that will result in a big big big big ....... T-sunami and than no one shall alive to use these Bitcoins or US dollar.

This is something new from above comments. Lol But it's true also. ;D

Well it is also possible that Zcash (ZEC) may replace Bitcoin before Bitcoin replace US dollar.

I'm sure that soon the Chinese national currency will strengthen its position and become very popular. Not sure it will be the world currency, but the significance in the society will be greater

Indeed it's been replacing Yen in the third position of the largest world's currency, I think the position of the Yuan will only be the third, because the Dollar and Euro are hard to slide again. This is because in the last 5 years the Chinese economy showed negative trends.

the US dollar has long occupied a leading position. In the near future it will not be able to replace any one currency. Bitcoin too strong, but it is an alternative currency

Of course it would be bitcoin, that will be going to be the next currency in the whole world. It is just two months from now when someone introduced bitcoin to me and that is my friend and in that two months I have seen and proved that bitcoin is really awesome. It is fast and every users is anonymous when they are using bitcoin in every transaction that they are going to have. Bitcoin being the new world currency in the future is not impossible. 

Have you seen the chinese RMB which are now trending about they're have strengthen their position and more likely to take over the world most used currency? it's indeed right that dollar had led for a long time but still have the possibilities to be replaced by another currency. nothing last forever

The United States of America Currency will still be here and act as a world currency. There are no signs yet that it will be replaced by a new currency.

Some say it will be bitcoin but maybe after 20 years it will be possible. As for now there are no country currency that will replace the US dollars.

Suppose that only after next generation people will adopt to use in everyday life bitcoins. Till then, fiat money will dominate as a world currency. Most of the above posts I read talk about US dollar. I would like to ask; Do you believe that Chinese will live in a world dominated by the USD for much longer? What happens if they want RMB to be the dominant currency all over the world? What USA will do?

there is no doubt in answer  this question.it will be bitcoins who will totally win the world currency ,but there is also so many  possibilites that ur country might ban the concept of bitcoins and anyone using bitcoins will be executed .this could happen and there is no surprise in this.

It's probably dollars still for a few years. Some countries doesn't even recognize Bitcoin and some even ban it. So it can't be applied all over the world. I hope it does because it's possibilities are endless. It could still be improved.

Confirms at least 40% of people on this forum are of their rockers. The new world currency will be in the form of a digital microchip. Not Bitcoin lol

As a Bitcoin user, I really wish that Bitcoin should be new world currency.Bitcoin is the best currency in the world! 

The end of the dollar will come suddenly. It has dominated international trade for almost a century now.
With Donald Trump at the helm, the end might come more quickly than you think.  ;)

I think that if the bitcoin keeps on rising like this and people start using it more , governments will make a currency to compete against bitcoin, because of the nature of bitcoin and how dicentrelized it is and how china is owning a large share of it and how are unable to control it , they will never let it dominate the world , just think about and think about why they haven't made it an official currency yet.

It is true that presently USD is the dominant currency of the world, but the grown trend of online business and shopping the trend of bitcoin, fiat currency is now decreasing people giving preference to digital currencies, so we can hope that a time is coming when majority of people will be using crypto currency instead of fiat.

USD is now losing its value which is already cleared from online businesses which all are now going to use bitcoin. The majority of people will definitely use crypto currency for their businesses instead of fiat in the coming future. They now have their banks in their own hands and they can easily handle all of their financial affairs without any bank of government.

Now USD is not able to produce any new source that is why they are dying and what you said is right that in the coming days where internet and online shopping is the main source of products sales in that bitcoin is going to  play the major role and in within some years we can see bitcoin occupying the world currency also

The new world currency will likely be something that either is governed by international banking cartels (expect something like carbon credits or energy credits to be a major player if we go down this path), or we might get off lucky and only have to deal with fiat currencies being world reserve currencies or whatever.

USD or Yuan are the most likely candidates for world reserve currencies in the future.

I think Bitcoin has everything to be our new world currency. Many people forget that the dollar, by not following the gold standard anymore, does not have the same benefits as decades ago. At the moment the currency is quite overpriced, and people are beginning to realize that they do not have the same purchase power as they had years ago when using dollar. These are just a few of the factors that make Bitcoin a better currency.

True soon USD will no longer exist , but that soon may not happen for 10 to 30 years it will be replaced by other currency like Yuan.  But for bitcoin it may not be popular now to everyone but its adaptability by the users were growing faster that it can be used after 5-10 years in every online purchasing and paying sites and hopefully also as a fiat in every country.

Well its really hard to tell which currency will be our new world currency, there are chances that it could be bitcoin but they seem slim since bitcoin going mainstream will create problems for governments and they don't like problems.

I don't think this. Dollar will continue on the top for the next 30 years or more, USA is still the biggest world power nation, and I don't underestimate their capacity to keep their might in up.

I think the world will continue stable as it is now. Bitcoin will increase its price a lot, but continue as a speculative secondary currency, each country with their own currency, no global currency.

Yes, you are right, the government would never allow that to become a world currency Bitcoin legally.
Most likely the dollar will remain the leader. Maybe the Chinese currency will be strong

Well because of the limitation in the quantity of bitcoins it is likely not to be the digital cryptocurrency .no matter what may be ,prople are slowly transferring themselves into digital there would greater part into fiat .

As long as the government rules the world, their currency will always exist. Bitcoin is just impressive to see due to its price but the number of adopters  who push it to this success is not big enough compared to the total population of fiat users. Every country will certainly use its own currency but the greater value or will dominate world currencies are dollars IMO.

Bitcoin and gold, both of them have so many advantage for us. Bitcoin transaction is really fast and no inflation in it, Gold has intrinsict value so it will always worthed. I don't know which one will be our new world currency.

I really do wish that the next world currency would be bitcoin, since it would be beneficial for me as a user who use it right now but in my opinion it would still be dollar for the next 30+ years. Even if dollar collapse, I think they would just make another fiat currency and hence dollar v2.0 is born. They would do that instead of switching to use bitcoin and other currencies well other fiat currency now can be the new world currency.

perhaps as bitcoin users, I tend to prefer bitcoin to the make money in the future. however, not for the moment. it might cause damage to the economic system, karen currently bitcoin prices are unstable, and I felt that for the current bitcoin does not provide tangible benefits to the government.

yes we are also hoping that bitcon will surely be our new world academy and hope tha tall the people of the world are going to adopt bitcoin as currency in future as bitcoin is really created as currency.

If the governments remain sincere with bitcoin and the work for its more development and make it suitable for governmental uses then governments will not face any problems with bitcoin and they will start work with it and in this way bitcoin will be our new world currency.

I bitcoin users but I'm not too hopeful bitcoin can replace fiat became the main currency in the world. I'm more comfortable seeing bitcoin and fiat together. after all, we can use both of them simultaneously without any hindrance?
but I hope the future of bitcoin will either

We can use both forms of currency effectively, it's just kind of a pain to still have to deal with fiat currencies and the issues they bring.

Unless there's some really weird shakeup with the global order of things, chances are fiat currencies will continue to propagate just fine, and never really experience an issue when it comes to inter-currency competiton.

I wish that bitcoin will be the new world currency, but so much people in this world still didnt know about coin.
Not all item can be paid with bitcoin nowadays, but USD can be used for all payment. People already trust USD and its hard habit to change.
Maybe USD still and will be the world currency for another 3 decades.

USD is strong enough to be world currency for 3 more decades but after that,  USD and all of paper money will not be use. I think people will get smarter, then they will use currency which give them freedom, maybe bitcoin could be the good choice.

I believe bitcoin and USD will be two competitors in new world currency and Bitcoin will be the best payment method in the digital world.
Almost countries which have weak currencies, The people want to hold bitcoins as safe assets for them and I also want bitcoin to be our new currency in the future.

The new world will exist when the current world will be destroyed, no matter what we do as long as there is a government that control the world, fiat is the main money that we will be using. When bitcoin was not discovered, we are already using it and there's no problem with it for any transaction, may it be online or actual physical exchange. That's how strong fiat system is, it cannot be easy replace.

In coming bitcoin will be used by money people from different of the world because bitcoin does not belong to specific country, bitcoin has already proved that it is global currency where many people keep using it, buying it, selling it. Once we get awareness to the society than most will start using it.

In fact it is already in used in major countries, what makes it not yet that popular is due to the limited number of users when compared to the potential users of bitcoin. Don't worry, just be optimistic, the future looks good and as long as we do support bitcoin, the adoption will increase due to effective spreading of awareness to them.

I believe that the future of electronic currency will have bitcoin, bitcoin must be very seriously, this baby is a combination of the devil and god. The baby was waiting, waiting for the Southern Department of European and American capital to the parent and representative of the Russian defeat be made one. .

I think we should address the elephant in the room, bitcoin has great potential and as of now, there is no alternate cryptocurrency that can beat bitcoin in terms of user base, strong community and goodwill.  However, there is huge number of people who are using fiat today (even many of us) because bitcoin is not yet available on local level as compared with that of fiat currencies so I think fiat currencies will dominate bitcoin until bitcoin is localised on macro level.

You're right, we all as Bitcoin users have a soft spot for the cryptocurrency but I don't think it will completely substitute fiat anytime soon and if fiat currencies are still going to reign then it's the US dollar that's going to standup high for perhaps another 30 years like the poll suggest.

yes that is a fact that the future of electronic currency will be bitcoin. although people are accepting bitcoin in a large scale. but still i think in some backward areas people still need good information about bitcoin, so that they may also start using bitcoin. bitcoin still need more adoption so that we can enjoy all the facilities that bitcoin can give us.

Bitcoin has been always compared to dollar since dollar is our global currency now, but for me bitcoin will be the first world digital currency.
I do hope bitcoin to be known worldwide even the people in provinces who doesn't know bitcoin well. I do believe that we need them both not to choose only one.

I know some people who just hate plastic money and thus they will hate bitcoin too. We have to admit that bitcoin won't be the supreme currency anytime in the future because there will be the people who will always use cash and fiat currencies. I am expecting bitcoin to become a universally accepted currency rather than competing currency with dollar or euro.

I chose the option "US Dollar for another 30+ years". Let's look at the other options. All of them are in bad shape, when compared to the USD:

China yuan   - Useless, due to currency manipulation by the government.
Russia ruble   - Lost 50% of the value since 2014.
Zimbabwe dollar   - No longer in circulation.
Bitcoin   - Very small userbase.
Litecoin   - Microscopic userbase.
Gold   - Not a currency
Silver - Not a currency
Euro - Losing value since 2014.

Good point. And i think that would be possible if you look at the growth of bitcoin users in the recent years. Even now more and more people are actually becoming interested about it and i think it is a very good sign for users like us. Though you're right as well that we need to have thr dollar working as well mostly alongside bitcoin if the time comes that it dors become the main digital currency. People can't rely mainly on digital currency so a physical option should still be available

I think it would be important to have a few equal currencies.
They can be exchanged amongst each other, and if one should really get into trouble it will not have too big effects on world economy.
But if I had to name a currency that is going to rule the next century, it will most likely be something in asia.
The chinese Yuan most likely.

US Dollar gained importance and its price increased from the day saudi arabia decided to sell its asset crude oil only for US dollars.Even till today, every country have to convert their currency into US Dollars and then only, they buy crude oil. This has created a unshakeable place for US Dollars in the global economy. US Dollar will dominate until these situations change. I hope Euro or Yuan could become our new world currency after such collapse of US Dollar.

This is no longer the case

China, which is one of the largest oil importers (3d place), is buying oil from Russia (one of the top 2 oil exporters to China, the other being Saudi Arabia) for their national currency, the Chinese Yuan, and from Iran for the Euro. I'm not sure about the EU itself, which is the largest oil importer in the world, but I wouldn't be surprised to learn that they get most of their oil imports for the Euro as well

That is because USD is the international currency,but if something like bitcoin replace it the price of bitcoin will not compared to usd anymore. I am sure that there are will be the new world currency.

Indeed, maybe it is because they really wanted that bitcoin will become a legal currency interntionaly. Although, there is a big possibility to be happen but it will take more more years before it happen. lets us go with the flow for awhile until the right time comes for the bitcoin community.

No one knows what will be our new world currency. However, if ever times come that bitcoin will become a new world currency, all bitcoin enthusiast will instantly become rich. That's is good news to all of us here in this industry.

I do agreed with you, majority of the member in this forum they replied the same thing. Maybe they wanted bitcoin to become a new world currency. For me isn't obvious that there is big chances to be happen. But while waiting let us witness little by little the world will adopt the concept unique system of bitcoin.

For us, who uses bitcoins, we would like bitcoin be the new world currency, but we must first know what will happen if bitcoin be the new world currency. We shall not be one of those guys who does not think what will happen, or being selfish just to earn a lot of money.

According to the past or you can say history record of bitcoin , We can say only it is bitcoin that can make easily the place at the top in the world for the payment system , without tax and limit with very low transaction charge .
So it may be possible indirectly bitcoin will became the king of the all currencies .
But still here some problem will come , like , which currency will be the world currency for those countries who banned the bitcoin ie. Russia is fresh example .

US Dollar will still be the major global currency for another +30 years later I think, but there is still chance for CNY may has chance to replace dollar as the country growing more faster than US in economics section. I don't think bitcoin will be the new world currency as the market cap isn't enough to compare with fiat money, moreover if some countries ban bitcoin to use inside the country, will decrease the users and the market price.

As much as I would love Bitcoin to be the new world currency, being a Bitcoin user and all, I really doubt that it will happen. The first step for it to become the new world currency, is to become mainstream. And for that to happen, the block size needs to become larger and the price needs to stabilize. Realistically, I believe that the US dollar will become the new world currency. Pretty much everything in the world is valued in the USD. But maybe this will change in the future.

Our world currency is still a fiat currency in the future becausebfor me it is a currency with a balance use whether online or cash form it can be used always, but if talking about digital currency you could not touch digital currency without the prescence of fiat currency. So there is no such thing that you can ask to somebody about what is our new world currency, because you cant compare btc advantages to fiat currency money.

Yes, you are right, fiat currency is very popular and continues to be indispensable.
The dollar is now the main currency for the world.
But I think that the Chinese Yuan will also be strong in the near future

Looks like the US dollar could be in deep trouble in the next 10 years or so, right in time with the massive debt crisis that we are facing.



http://usdebtclock.org/current-rates.html

The US dollar recently broke the 20 trillion debt mark and growing. This is obviously not sustainable. We are headed towards a massive correction, no matter what Donald Trump or anybody else does. This means bitcoin holders are up for massive gains.

i think there are so many other thing who are in virtual form and we have to accept, even the whole business are now converting to virtual. we have a good example of stock market. where you do trade shares of different companies in virtual form. and the concept of people toward currency is already converting to digital form and we have to accept the reality.

Actually those people who know about the importance of bitcoin wants bitcoin to become a global currency, although bitcoin is a global currency as the users of bitcoin are present everywhere, but over all the number of bitcoin users are not very low. So, we should try to introduce bitcoin to those people who do not know about bitcoin.

I think not a single fiat currency can beat USD in near future bitcoin USD is the most stable currency of the world, as most of the country’s economy is also depending on USD. But if we speak about digital currencies, bitcoin is the number and hope that it will remain number one even in future.

i agree with Yuan is stronger than before but, i dont think Yuan can beat US Dollar, because Dollar still have big influence in this world.
I wish that our bitcoin will be our new world currency in the future but after overthinking about it, yeah its imposible some digital currency can beat fiat.

That is what I thought also, that no other currency will supersede US dollar, unless USA becomes poor country. Bitcoin will never get enough to become the world currency but as far as the digital currency is concern  I think bitcoin will be number one. I don't care what is the worlds currency as long as bitcoin exists I am fine with it.

Many said here that in the last time Bitcoin will become the new world currency of mankind. That's how they strongly believed unto it.  But if we really going to search it well about bitcoin, there is a possibility to be happen actually,especially our technology now is highly innovated. So no doubt that many of the advertising business and online business will get involve into bitcoin someday.

Anything aside from Bitcoin or any other cryptocurrency. Fiat currency will be dominating the market for a lifetime because they are circulated by the government, anything that is controlled by the government is something we must be confident about because they are the ones who can change the world's economy.

I am going to same point as you express.Fiat currency and Cryptocurrency are different each other also each have some uses which didn't changed anyhow.Bitcoin has a great Cryptocurrency but our fiat currency will be dominated at end.Fiat is our government currency,you can't imagine one day long without FIAT.

Despite all the progress that the cryptocurrencies have been doing lately, and that will probably continue to do, I think people will continue to use fiat currencies for a long time. The reason is not that fiat currency is more efficient, but it is because many people have a lot of resistance to learn something new, and many of them fear change.

Yeah when you talk about "world currency" then i don't think there would be much argument that it would only be fiat. Paper money, as it is called by most people, has been the main way people transact monetarily and i think there would be much confusion if it is changed. bitcoin and crypto may not even be here in the long run but I'm sure fiat will still be and that most people would still be relying heavily on it

For sure not bitcoin,dollar will stay like a global currency for longer time,it could be to big shock if dollar will fail
Euro is fake and will die untill 2020.Zimbabwe dollar can be good choice or bananas,i think bananas or matches

I think USA dollar will stay like 10 to 30 years more and,
there won't be any world currency in future. There won't be monopoly.

well, china and Russia have already started using their local currencies for trade avoiding US dollars.China and japan are also trading using their local currencies.Since china is now the greatest trade partner of the african continent, china is seeking aggresively to use their currency for trade.China and UAE have also agreed to use their local currencies for trade.And China economy is projected to pass the US economy by 2016. So, we could expect china Yuan to be the new world currency.

Would a new world currency have to coincide with a new world language?

The world currency is currently the Dollar. The world language, the language of business, politics, and diplomacy is English - not American, mind you, but still aligned with the Dollar.

Personally I don't want Bitcoin to be the next world currency - it would pervert the idea, the intent of the project. And it's not going to be...no government is going to give up control.

Certainly, at this time all countries had a currency of its own, but there is no country that can meet the needs of their own, they conduct transactions with other countries whose currencies are different, then they use the dollar, or EURO. This is what makes the currency 2 extremely strong that could controlling the world economy.

the US dollar will always stand in front of all other currencies, too many transactions that use the US dollar in all respects not only the business but also long-term investment, so there will be no new global reserve currency.

That's very true, I think things will stay as it is presently but for bitcoins to dominate it will take a long time maybe another generation and the US dollar as it us dominating presently will keep up until one of the major currencies be it euro or pounds over takes it.

Nothing will change from the current system of the fiat system, these just means that dollar, euro and others currencies wont be replaced by a global currency, i believe it will make currenty fiat system to became digital fiat, but those should take over 20-40 years.

For the next decade I don't see any hard changes. But after that either the yuan or euro will take over.
The world is globalising and with that trade relations are mandatory, something the trump administration is demonishing by fighting with their biggest trade allies; Mexico, EU/UK and now Austrialia.

Paper currency will remain in our new world.

In India, the government already trying to implement the plan "Digital India" which is cashless transaction. Actually which will never be happened as more peoples were uneducated and not aware of digital currency/transaction.

So the current currency which is ruling now will be our next/new world currency!

You are right, and considering India is not a big country, we can already assume that most users in that country are comfortable with using paper money. They cannot make it compulsory for the entire population, it will not create a good community when people cannot easy trade successfully.

Fiat will stay, of course.

yes governments have to accept the global changes, the changes in the need and interest of the people. first it is expected that all the government will come to one point and they will accept bitcoin as a global currency which will be beneficial for all the countries and people of the world, but if they do not agree then they will certainly think about starting their own digital currency.

Im agree with your opinion its nothing will be change in our fiat current system but in near future it possible that they make their own digital money that can replace their physical money.Thats the influence of cryptography and Bitcoin.

Bitcoin right now is an alternative currency for many of us and also a form of investment at the same time. If you ask me if it is going to be the currency that my future grand kids will be using in the distant future, I am not quite sure what to answer. I think only time will tell if bitcoin gets to survive many more years or if something else takes its place.

As it is a developing country, and most people are backward thinker. They will be not ready to accept any new implementation. Dollar will prevail as it is, Bitcoin is good as alternative currency and Investment at the point.

When we say world currency, it means currency which can be used in any country and is legit. At present, I doubt any fiat currency has that 'badge'. Every country is proud to use its native currency since it is a boost to its economy and sign of self-reliance.
But when we say about Bitcoin, it is a digital currency and can be used in any country. Countries can't limit it or capture its market. So, it is on right track and maybe in 20-30 years we can see Bitcoin a leading world currency.
Another aspect is 'measure of value' and under this US Dollar is leading. So, US Dollar continue to lead as a common measure currency but never become world currency.

i think not only China but all countries of the world giving preference to their local currencies. but still China is the great support of bitcoin. majority of the and miner are from China, so they are contributing too much in increasing bitcoin. may be China will be the 1st country to accept bitcoin as legal currency and hope that after that other countries will also start accepting bitcoin.

but i am confident that in future our kids will be using bitcoin as digital currency as well as they will use it in local shops like fiat currency. in fact in present time most of the online shops are accepting bitcoins, while in some area there are physical shops who are accepting bitcoins for shopping, but such shops are present only in such places where the users of bitcoin are more.

I do not know that what will be the future of Euro and I also do not say that it is fake but one thing is sure that dollar will not be our new world coin as bitcoin advancement and development is much faster than dollar. On internet everyone already preferring bitcoin as their favorable currency and one day will come when everyone will accept only bitcoin as global currency.

i hope that bitcoin will be our new world currency but it need more time before its happen and from now on, USD Dollar will still in the lead because USD is always in the top currency in the world. i think bitcoin have the potential to be the next new world currency because bitcon have many benefits that could help us to solve the economic problems.

I really thing that in the future a currency through the internet,
who is to everyone available and not directly traceable will be the new world currency.

And the coin who was first will be the leading coin, so it will be bitcoin.

I hope that bitcoin will become a worldwide site in future that will  have known by each person as now any govt.bank which has become most popular. similarly bitcoin will have its own bank and atm in each city hence everyone will invest their money on it

Yeah that is the possibility that in the new age bitcoin will be the global currency and it will have its own banks in different countries but I think it will be difficult for every country to start a separate banks and the banks will also not want to remain behind so in these countries the existent banks will work to start the use of bitcoin.

I don't know exactly why gold and silver are on the list. In fact there was a time when fiat currency was gold standard, and this was something that made the currency have real value, preventing the currency from being inflated by centralized institutions. Currently, US dollar does not have the same standard and has a much lower value. With regard to gold itself, it is very often used to store value, but it's very expensive to be shipped through the world. With Bitcoin, you have an infinitely lower cost, and this can be done with much more convenience.

yes the banks do not want to go in the loses and they often try to stay updated with any new technology which they are allowed by the government and if the time of bitcoin come there will be a threat to those institutes which will not adopt bitcoin just like paypal is facing so in that time banks will adopt bitcoin and will start the services of bitcoin regulation.

I'm not sure that the government is to allow Bitcoin has become the new currency. Already around the world started strict regulation of Bitcoin.
That's why I think that in the near future the dollar will remain the leader

well just like what other people's thought, I would vote for bitcoin even though the poll is already closed ;D I am hoping that bitcoin will be not only a cryptocurrency but also a new world currency and it will replace the US Dollar on the peak . that would be a really big change if it happened because no country holds bitcoin as their own currency or their national currency just like the United States I think they became the world's leading country and obtained the most powerful title because of their dollar ..

It's not what you hope but what would really happen. Right now Bitcoin does not show that it can be a global currency but it is not the Bitcoin's fault but the government. they don't want a currency that can be controlled by an individual outside the government, it hands them too much greater of a power than the government can give.

I hope bitcoin will be, that would be great.

In this topic, I think every one here in this forum are wishing or thinking some of you that bitcoin will be the new world currency in the near future to come. Even it will take a miles a way before it can be done. Although this is just an speculation for now.

yes there is no doubt about this and no other option. i am sure that bitcoin is going to become the world new currency both for online as we all physically. people are now understanding bitcoin and therefore trying their best to facilitate themselves from the services of bitcoin. and hope very soon bitcoin will be our main currency.

to me i think bitcoin is already the world new currency which is providing some services also. in fact bitcoin is providing good online service to those people who are using online shopping ans trading. but in real world its service is limited and is only present in such area where the users of bitcoin are more.

I think the expectation is too great. I'm sure that bitcoin will be very popular in the future see bitcoin has potential and development that is extraordinary. but I'm not sure that bitcoin will be the main currency in the future

It maybe or maybe not to be happen. Which will depend on the community if this thing will be grant to fulfill, though Bitcoin has a huge potential to be like that. But still this was only a speculation for now.

already expected if SEC will be approving bitcoin ETF and the multibillions-dollar will be coming on the cryptocurrency. Bitcoin still has big potential, more adoption and more power will have reached by bitcoin.
Never doubt about the potentially of bitcoin everytime

Yes, these potentials of bitcoin to have unimaginable price levels will make more people to adopt bitcoins so that it will be preferred from every part of this world. I believe no country specific currencies will be able to provide those advantages of using bitcoins. Bitcoin must be the new world currency.

But this does not mean that bitcoin will be the new world currency that is accepted as main currency of a nation.  Bitcoin will always be and best fit as an alternative currency because of its nature and feature.  Government just won't let Bitcoin their national currency due to the regulation and control issue

Yes ,that is one of the factor ,the government have an advantage of our currency which they control it and they own it by power .Well bitcoin will be only secondary for that and i think some will take advantages on it for its features to a big fees .

For the next 30 years, yeah, we will keep the US dollar as reserve currency, and after this, why not the indian rupee or more probably the chinese yuan ?

how could you ignore bitcoin? USD dollar is really world's currency right now. but I think bitcoin is much stronger than chinese yuan and indian ruppeez. if not yet than it will become for sure because bitcoin have support from the whole world.

It's indeed bitcoin has more value rather than USD or any other currency in the world
But the problem is bitcoin lack of support, a lot of people still doubt in bitcoin
They even have switched from bitcoin as currency to as a stocks
Which it's pretty bad for bitcoin future as currency.

Yuh, who in they rite mine gon' use a currency thet's bobbin' up'n down like a twenty dolla rentboy.  Who gon' want ta spend thet sorta thang?  Not me!  Evvertime ya spend it, it jist goes up an' ya git the blues afterwards.  Cain't live like dat.  Gon' spend the GOOD OL' US DOLLA!!  Save me mah bitcoins fo' me.

I also hope that bitcoin will be a currency of one country in the future though there still is a lot of disadvantages of holes in this cryptocurrency and other companies nowadays are not taking bitcoin as a currency but as a stock or thing to be traded in money. If bitcoin will be the currency in the future? It will be really fun and really fill me with excitement everyday to earn bitcoins.

You guys said it right. It lacks "Support" and without it, we won't be seeing bitcoin as the world's currency for sometime. So for the next 30 years, USD will still be the world's currency.

I find it funny to see the speculation on the whole new world currency when deep down we already know what it is. Is this thread just a filler to get more people interested in the New World Order currency or are you just trying to do something else?

Even the Rothchild's have given the answer yet people still choose not to listen, I am not sure if this post will get through to anyone though.

If you are that scared of the New World Order then you shouldn't be making posts, keep fighting. When the New World Order thing plays -you won't have a choice to disagree on it anyhow so what's the point?

It's hard to change this world when those who are currently dominating will not give way, they have the power, so they can make things happen in their favor. Bitcoin is good but it lacks support by the government and even if we do used bitcoin and we can achieve massive adoption, the risk is still there as the law might be strictly impose on us and it will defeat the purpose of using bitcoin for freedom. Bottom line, the government wants to know what we are doing, and worst if they will control us.

For what is presently happened now is Dollar obviously known by the people around the world. And most country adopting it too. But when it comes to online business, as an alternative payment, bitcoin is getting more useful into this  scheme compare to dollars, especially the people in bitcoin world are very aggressive to make profit in trading platform,also in cryptocurrency.

Lol bitcoin though getting more popular does not beat dollar  in term of payment in an online business.  The term alternative tells that it is still inferior when it comes to adoption or usage in an online payment.  Trading is much different to online payment and they perform separately.  One example is gold, gold might be very active in trading but you cannot use it as mode of payment online since there is no one accepting it as payment, if there is someone i bet they are few.  So we cannot use trading [profit as measurement on how it will go well in payment online.

The US dollar is at the top of the food chain, so to speak

And Bitcoin obviously cannot beat it, even as an online payment tool. But how many currencies are there? Maybe, the Euro as an addition to the dollar, and that's pretty much all. So Bitcoin is competing (or at least, trying to compete) with major currencies at a world scale level. The rest is mostly just trash in this respect (i.e. not very usable as a universal world-wide means of online payments)

Correct. It would be very difficult for Bitcoin to compete with major fiat currencies like USD, since most people only know about the traditional payment system, and probably haven't even heard about Bitcoin or other cryptocurrencies. Not to mention, Bitcoin lacks several properties that physical cash, like fungibility and others.

For Bitcoin to be able to compete with worldwide currencies, it would need to scale up to a point where it could handle large transaction capacity, while at the same time providing privacy features. With cash, you would have more privacy over your transactions since it is fungible. But, maybe one day BTC would get improved up to a point where it can provide true privacy, and a faster means of transacting between parties. Just my thoughts.  ;D

In my opinion, at the moment the benefit of bitcoins is a lot as compared to any other. This is one of the reasons why people are buying bit-coins and converting their money into it.  Bitcoins just need to come up in the market and try to marketing their value. If this hype increases that if bit-coins can be a currency in the future, people will surely tend to change their business towards it and it will be a complete revolution for the market.

i think there is no doubt about this that bitcoin is our new world currency and people are now giving more preference to online shopping therefore bitcoin is completing our needs for online shopping and business.

It seems to me that this will not happen. Governments of many countries can not beat bitcoins with legal currency. And hardly ever recognize. Therefore, the next currency will be the maternity currency. And it seems to me that this will be the Chinese national currency

It wouldn't happen to have new world currency because there is no other currency to beat bitcoin in every country, and the legal currency has no ability to make it's exchange value as higher as digital currency. If that happens using bitcoin as new currency whose behaviour has fluctuated price value in exchange market, maybe business owners will not stay longer when price of bitcoin suddenly drop it's value in times beyond our control. Different governments will go a lot of challenges to implement if ever there will be new world currency and for this days fiat is still the currency that's widely use, and bitcoin is still a developing currency that's somewhat more advantage than fiat with a unique ability.

yes bitcoin is already our new currency and there is no doubt about this. in fact the new generation is now giving preference to online shopping and therefore they have the better option to use bitcoin as  currency, even in some area bitcoin is also used for shopping in local shops.

I think I'll continue to doubt. of course the government will not allow the currency bitcoin become popular. certainly the government would create something similar to bitcoin to compete with bitcoin and the legalization of the government. certainly the government will win

If bitcoin is going to be the new world currency, I guess that would be a good news to all bitcoin enthusiast. But I think that's not going to be happen now, there is still lots of circumstances waiting for bitcoin before it happen. due to still majority of the country are not still accepting bitcoin.

If we are talking about to our time. It is very obvious that USD is very popular right now. But nobody knows what will happen in the next season. Only time will tell, But all bitcoin enthusiast are hoping that bitcoin will become the new world currency  in the near future. Who knows one day bitcoin might gonna be the new world currency. ;D

yes bitcoin is the main online currency in preset time and hope that very soon bitcoin will also become the main fiat currency also. but in fact the majority of the people still do not know about bitcoin and that is the reason that bitcoin facilities are not yet available everywhere to use it as currency through out the world in fiat shops also. but in future we can expect that we will be able to use bitcoin as fiat currency also.

It can barely happen since bitcoin still have a lot of troubles and problems which can not be solved by miners, developers and users. For examples, comfirmation time is a big issue and as you can see, we have faced this problem at least 5 times in this year. This is too annoying which cause many negative results to traders, and the people who are using bitcoin to buy things

Yes, despite the fact that bitcoin has many advantages, it also has some drawbacks. Very negative for its popularity is affected by long confirmation of transactions. Many are just willing to give up the use of bitcoin because of this

I think bitcoin and USD bills will be preferred equally by that time. For security reasons and freedom of use bitcoins might get little more perspective for its daily use. After few years digitization will be smart and faster, where bitcoin will be first choice of transaction. So yes I am hoping for Bitcoins to get more popular and it becomes available at every corner of the world. :-)

I experience sending bitcoin it took to long to sent or receive in other wallet that can honestly thinking you to choose other payment method like paypal or other ways or payment processor.. because this is happening many times right now every time the price is increasing. this is an old issue but until now they are still not solve this issue..

While with Bitcoin will not be all pumped to automatism, I will not pay for goods using bitcoins. This always causes suspicion when problems begin. It is better to wait and calculate the Fiat. I believe the time will come for bitcoin.

What is new world currency? is it something new or magical? in a world where there are many different opinions having one worldwide currency is a dream, so please stop dreaming and wake up to the truth.

There's a reason why there are different currencies in different countries. Some people want to use their own money instead of depending on what others have. Countries also want to have value that's why I think there are different currencies in this world. Hopefully bitcoin would be known also.

to me i think bitcoin is the new world currency, as it is  the single currency which is present in all over the world and having same value. although currently the use of bitcoin is not to much, as most of the people of the world are still unaware about bitcoin therefore it will take a lot of time when all the people of the world will start using bitcoin but still we are hoping that bitcoin will be the world number one currency.

US Dollars will remain global currency in coming years as well. There is no chance of any country allowing digital cryptocurrency to become global currency.

Well, if you don't mind paying ridiculous fees or getting some of your money disputed by some guy you transacted in the past, then go ahead and use Paypal. Bitcoin is much better than most payment processor because its transaction fee is a lot less. Unfortunately, since we're starting to gain popularity today, the confirmation time might be a little bit longer and the transaction fee is higher than before.

Personally, I'd still choose bitcoin even though there are times when the transaction time takes long. It might not be an instant, but it's still fast compared to traditional payment methods.

I think every country will have their own currency the same as it is today but certainly there is a currency used for international transactions perhaps it is the dollar

I don't think so. It would still be fiat though i doubt that there will be a singlr eorld currency that will be used by all countries. Every country would want its own identity and one of those things would be the currency they use. Can you imagine china or russia adopting the dillar as their main currency? Impossible

I don't think this will happen. I mean the world may become united but having a uniform currency might not happen. There are still certain standards that may not appeal to other countries. I personally think that it's still best for countries to have each individual currency.  

Yeah ,Even bitcoins will not replace the fiat money as widely use to buy things ,foods etc. We have different kinds of currency in our world every country and it is the base of our conversion particularly US Dollar . Gold or Silver can't be a medium of exchange as a currency ,in short not all things can be applicable even it have the biggest contribution .It will be only secondary or alternative money.

Well, since the gold standard is the beginning stage of currency development I will have to go with that. It just makes logical sense that it will remain.

But hey, maybe one day a country will start with the bitcoin standard!

No, it doesn't. And the proof for that is that we have changed from gold standard to fiat. Fiat was backed by gold back then but it came to the point that it isn't anymore. The whole has become fake. Its value is not real at all, we are the only ones that give value to it. Anyone that has learned the past of the fiat currency knows this.

We didn't stick to gold simply because it's a lot of work when having gold with you all the time. Imagine having kilos of gold bars with you. Now, we have debit cards that can have millions in it.

The gold is the old world's currency. Only way that we'll go back to that point is when there's a war that vanished all of the technological research that we made.

With its volatility bitcoin will never be a currency, bitcoin will just stay as a digital currency and a asset.

Dude what? What's the correlation of bitcoin's volatility to it being a currency? Bitcoin is already a currency. You even said it yourself. Bitcoin is a digital currency. Perhaps you were talking about a currency as in fiat currency? Well, it's never going to be like that unless bitcoin users spend millions of money to print out paper wallets with a certain amount of money in the wallet in it. It's not worth doing that, and the volatility is not behind this.

The essence of bitcoin is to send money to people that aren't physically near you. I doubt that using paper wallets in bitcoin transactions will ever be a trend.

Yeah ,to think that having one currency world wide is hard to happen yet the possibility is there because if the government unites for sure
it will be implemented and things will be more easier

I agree with you, were the same opinion. Us dollar with still remain as the world currency. I think they will not allow the government rather that cryptocurrency will be as the new world currency. Because of its decentralization and its difficulty to use or to adopt by other people. And, there are many issues to be solved before it will happen.

I think that the dollar will remain a glavan currency in the coming years. He is very stable and strong and there is no reason to think that he will lose leadership

This is not the essence of Bitcoin

Though this is how you realize the true essence of it (among many other ways). We all seem to agree that Bitcoin is or should be used as a currency, but true essence of a currency is what makes it a currency, and this comes down to using it as a unit of account. All other functions of a currency are basically derivatives of this major function. Sending bitcoins from one individual (company) to another is just an external manifestation of one of these derivative functions (in this case, transferring value). But you can as well send mail, but that alone doesn't make your correspondence into a currency

For the time being, it's going to be the dollar.Bitcoin is a bit too niche to be the currency of the world. However, the future currency of the world will probably be an online one similar to bitcoin, because more and more people are just using cards and not physical dollars anyway. 
 I hope in next 5 years bitcoin can be new world currency, especially in my country.

US Dollar will remain the world currency until any other country manages to do so. This scenario is difficult to manifest in near future. USA will do all necessary thing to keep that power with them. Bitcoin has very low chance of winning the race here.

for America is still the center of the world economy the dollar will continue to become an international currency in the world. but to begin to use bitcoin see many people in the world maybe it would be a competitor for dollar for sure

Would be really cool too see Bitcoin taking the lead, though I think for myself that we aren't really there yet. Hopefully, that time comes and that's my thoughts about this topic.

Cheers brothers & sisters,
stay safe.

Best Regards,
Tratten.

there is no doubt that USD  is one of the most popular and stable currency of the world, but now the interest of the people is changing from fiat to online currency and therefore they are giving more preference to bitcoin. i think in future bitcoin will be more and more popular as compare to any other fiat currency.

If world war 3 happens, I suspect we could be using goats, chickens and cows as currency.

Like people did 2,000 years ago.

That's what I think about when I see politicians and media telling people they need war with russia, or another country.

I don't understand what any of us gain from war.

 :-\

Back in the days, wars are done so a country can conquer another country. I don't think anything has changed at all. Supposed that country x has won the war against country y, then probably they will have access to country y's resources. Thus, country x will have better economy. Often times, a country goes to war not because they want to show dominance or to conquer a country but rather to defend theirs. Lately, there's not been that much war going on. Unlike back in the days where war is just a usual thing and everyone's spending tons of time preparing for an attack.

Well, today the dollar is still superior in terms of international finance, especially after the rejection of bitcoin. yeah, but I think bitcoin has a huge potential to become a new international currency. maybe not now, but in the future.

I'm right, Fiat would just become all digital in the future just like bitcoin but Fiat would be controlled by one world government or governments.

US dollar will still dominate the world currency even their would be more attempts to try replacing it, as they already show the world how powerful they are and they really wanted to control in any aspect even the new President got a lots of criticism but still US will not allow any possible thing to happen to removes their dollar as the world well known currency.

Yes it is true, for the current USD still dominates the world economy, even in a variety of ways. His power is so strong everywhere. Maybe Bitcoin as digital currency a way to not be in the rule and power.

But America can't stop people using Bitcoin in all of the other countries in the world, and they don't even seem to feel threatened by Bitcoin, having a reasonably lenient stance to it, so I don't think they would be directly hostile.

I think also usa has nothing against bitcoin and that is a country which respects individual rights and wishes, they can live very well using dollar and bitcoins together. Each citizen will use the currency he wants and each store will accept the currency it wants.
Dollar will continue ruling the world for the nexr decades for sure. Bitcoin is weak yet to be accepted by the majority population parcel.

China definitely has a plan to pass its currency into the reserve currencies basket. Some months ago the Yuan was introduced in the Special Drawing Rights basket by the IMF, which is a further step to a world reserve currency status.

However, in my opinion, a single global currency is a bad idea, and I think the world has already realized it and will come with a basket of more currencies, like Yuan, Euro, Dollar, etc. The USD is maintained only because of the US agreements with the Arab and OPEC countries to sell their oil for USD. Yet, there is nothing fair in this game, and the situation will soon change as the BRICS countries try to go apart.

For thousands of years gold and silver were considered as universal between the nations. However, some groups of people got control of it in the 19th century, and afterwards they renounced the gold standard in favor of fiat money which they also controlled.

Gold reserve is still a sign of stability, and if the government would control it, that would be great for the economic growth. This is why China tries to back its currency by gold.

If bitcoin is really dangerous that could destroy the US's economy then there's still possibility that the US will force other countries to ban bitcoin. See what's happening to those countries with damn tonnes of oil which are now "touched" by the US? Everything is possible in this world. Not going to judge what US have done but they're really want to hold on the top position of superpower country.

Bitcoin was never a threat to a bigger government like US, they are so powerful and they are in control of their own country and even smaller countries. With the current market standing of bitcoin, we know it is not that strong compared to the fiat system yet and everything in order to prosper requires the blessings of the government but the prosper will only be limited to what government has set.

I think this is only bitcoin Because you can think easily that most of the times the news for the payment is revolving in the world with Bitcoin and with some of another altcoins .
So here probably the bitcoin will be king of the more famouse currency to use at worldwide level as an international currency .
Here a small confusing thing is that the bitcoin is already get banned in 2-3 countries , Now here we can think that they can remove the ban and will support bitcoin or they will comes against it more :(

Of course its dollar, its on top of it.
We cannot deny the fact that dollar is being use all over the globe and more popular than what we have here the bitcoin. To be the next world currency, I guess non yet :) the fiat need to prove the power of it like what dollar is providing to each country.

These are not real "world currencies".

A real world currency would be a currency that isn't controlled by anyone, not even a world government.

A currency that is decentralised, accessed by anyone over the internet.

The new world currency in my opinion is obviously bitcoin or another cryptocurrency, i can't say which coin will be that for sure as there is increasing competition as well as division inside the bitcoin community.

Sure, USD is strong right now. It'll collapse eventually.

For now it's dollar really, there are the biggest currency AFAIK, crypto currencies cannot even compete with some other legal currencies and the the value is not the only basis on how strong a currency is because if we do, it will be bitcoin that is going to be the strongest considering it's value now.
What makes a currency stable and strong is based on the number of users and we know dollar has a lot of users not only in it's own country but with some countries as well.

Exactly, especially bitcoin is not yet decades in the industry it takes more years to be currency and most especially to be an INTERNATIONAL one, we do not take away the possibility of being top of it but the capability of bitcoin is not enough to raise its own flag.

The main problem of bitcoin is that governments of different countries will not accept it. They are afraid of this unmanageable currency.
I think that the dollar will remain the main currency for several decades

being Bitcoin enthusiast, I am wishing that someday the new world currency will become the bitcoin. I know many of us here are expecting this things to be happen though in reality many people are not aware of this things so far all around the world.

As much as I love to see Bitcoin as the new worlds'currency, i think it is quite impossible.  Bitcoin is not fit to be regulated, so that automatically turned off governments who wants to control everything.  As to be the world currency authority must acknowledged it.

Bitcoin has many problems which can not be solved either now or in the future. I like Bitcoin but I do not expect that it will become the world currency. I respect Bitcoin and what satoshi did to make the world better. However, there are still many potential coins out there which are based on Bitcoin and even better. Therefore, I think Ethereum or zcash will become the best

Bitcoin is still the youngest currency right now with low adoption and demand. But I don't think so about the international one because too many the homework for the bitcoin itself to passing every government securities.

I have nothing against Bitcoin eventually becoming a new world currency

But I disagree that we shouldn't consider major currencies (like those pictured in your post) as global. Otherwise, the whole idea of a global currency loses its meaning and thus the term itself becomes meaningless and irrelevant. More specifically, we should judge something as a global currency not by the place of its issuance (or whether it is centralized or decentralized) but by how widespread it is, i.e. in how many countries it is accepted. And according to this metric, the US dollar cuts it pretty well as a global currency (and Bitcoin too, just for the record)

I agree, bitcoin can only be used as a new world currency if it proves to be speeded all around the globe and how much people are accepting it, in other words where ever you go around the world you should always be able to use bitcoin at any shop and at any hotel, the current value of bitcoin transaction compared to the us dollar is still really low and for that to change bitcoin has to become a major payment method.

My wish of course is bitcoin will become the new world currency, but the reality happened was now is that Dollar, Euro, and Bitcoin are very popular internationally and still Dollar is leading the race. Those currency  are being used electronically as payment. But what the good thing in bitcoin was the volatility and decentralization compare to Dollars and Europe.  Meaning there is a chance the bitcoin can be the new world currency in the future.

Even if the euro can not overtake the dollar, bitcoin can not do this. And the thing is that bitcoin will not have enough popularity. Many people will not be able to understand and take advantage of bitcoin for everyday life. For most of humanity this will be difficult. We ourselves know that bitcoin is not a simple matter.