Bitcoin Forum

Do you guys billieve that bitcoin will become the only one currency that can use as a mode of payment in the whole world? How is this become posible in the future?

It's definitely possible for a certain cryptocurrency to attain this level of adoption. Is it guaranteed though? Definitely not. Who knows? The sort of "global currency" probably wouldn't even be decentralized, probably something like PayPal. Also, who knows? If it we're to be a decentralized cryptocurrency, it might not even be bitcoin. It's just pretty early to say for sure.

Some think it might be the centrized ripple or xrp.

Well one currency in a  one world is really didnt exist or not done through rather,I think this things is really hard to happen because we are really living in a differrent country with a differrent rule and in a different ways of law .We are living in a one world with a different country and with a different government tahtvis why i really didnt believe that one world one currency didnt really exist .

I dont think that ripple or xrp will be like that in the future but no one realy know about it. Bitcoin more popular than any other altcoin in the market there so many company that already started to accept bitcoin so i dont think if ripple of xrp can do like bitcoin do.

according to the variety of crypto currency on the web it will not be the only one, but crypto currency will make paper mony go away

all that is not necessarily if in my opinion, bitcoin is quite difficult if to become the world currency, because each country has its own currency and have their own opinions. so to apply it is easy and difficult to take a long time as well.

I don't believe in it. Bitcoin won't be a worldwide currency due to several reasons:
1) It costs hell a lot, so newbies will hardly invest in it;
2) It's still not accepted everywhere:
3) It has some disadvantages comparing to altcoins (like missing altcoin support, etc.) that slow down the development of infrastructure.

A big Noooo...

Making micro transactions is very expensive right now and only suitable for larger transactions and we can't wait for hours to get confirmation when paying in coffee shop with bitcoin. So definitely bitcoin will not be the only one crypto which will be used as mode of payment in the whole world. It is more like store of wealth like gold right now while other alts with faster confirmation and less fee might be used as suitable payment method for micro transactions.

However if there will be lightening network in bitcoin, than yes bitcoin can capture majority of payment processor market.

I believe this is the plan.

Not possible, maybe bitcoin could be one global currency but it would never be used to pay goods or something that we need everyday, not with the actual fees that we are paying at the moment.

i think it isbecause bitcoin is have a potential to grow in entire world so i think it is possible to become a currency to the world that's the impact of bitcoin in the future. for being a high quality exchange coin it is become a number one currnce in the future.

You mean Bitcoin -- or any other cryptocurrency for that matter -- replacing all the fiat currencies in the world?

Not going to happen. At least not within our lifetimes.

Currencies are much more than just a means of payment or value transactions. They are a reflection of the local economies and the sovereign states that issue them. Bitcoin may very well become a globally accepted means of payments like credit cards, existing side by side with fiat currencies, but I doubt that it'll displace fiat currencies any time soon.

I honestly doubt that even the concept of one global currency, that is shared by all, is possible any time soon. There's too many cultural differences and too much conflict of interest to achieve something even close to a one world currency.

Utterly impossible. First of all, the world is composed of too many countries with different government, culture, tradition, currency and economic status. In order for the world to become one and to agree in only one kind of currency, they have to have a united agreement to change these differences. However, looking at the economic status of every countries, it is impossible. Just try imagining how the Third World countries will tie up with the First world countries in terms of its economy, in order to adopt whatever currency will be decided upon.

Bitcoin cannot even pass as a mode of payment because of high transaction fee and long confirmation time. Maybe someday this will be solved but then, to become the "only currency" in the whole world? That is far-fetched. Do you think the great countries like USA, China, and others will allow that their fiat phased out? No way.

It is impossible to whole world. Different set of peoples are available in the world in every people to use Bitcoin is not possible. But Bitcoin will grow up not completely. In our world few of the peoples are only used in cryptocurrency. Because cryptocurrency has many drawbacks in the world. It is not a physical money this is main drawback. when it will create a physical currency that time we should consider this currency is a only one.

Bitcoin is unlikely to ever be the only global currency that will be used worldwide as a means of payment. First, with such volatility, no state wants to completely switch to the use of bitcoins. Secondly, in order to have a common currency, even a digital one, states must conclude a certain agreement, and for this, there should not be political, economic or other conflicts between them. As we can see throughout the history of our entire civilization, this has never happened.

If US had introduced bitcoin instead of satoshi nakamoto then there was a chance. But now there is no chance that bitcoin will be the only single digital currency in the world. There are many altcoins popping up and also with added features. Bitcoin has gone way far for people that it is not even possible to earn some bitcoins anymore.

Now it is difficult to say whether bitcoin will be a worldwide active means of payment. There are prerequisites for this, but there are enough obstacles. And only time will tell how it will actually be.

In my own view, cryptocurrency lead by Bitcoin and Ethereum is poised to be more popular as years go by but I don't believe that we can achieve a world currency system because of this. There are so many factors and variables involved and I also believe that the idea of 'one world one currency' will not be that beneficial actually to humanity. Just look at the fragile situation right now in Europe years after they adopted the Euro...it is not working well because not all economies are on the same level; each economy has its own strength and weaknesses and these things are reflected in the national currency you take that away and something will not be working at the end. Now, let's look at cryptocurrency. Bitcoin right now has myriad of problems all because just like any man-made innovation it can never be perfect as long as it is still manned by human beings with our human nature. I mean the technology and the capacity for innovations are there but politicking is taking the initiatives away. Decentralization has its own limits and when human nature sets in there would always be humps and bumps along the way.

Do you believe all humans of the world regardless of religion, race, creed or color can live in perfect harmony with one government that represents the interests of all people equally? This would be a world where no one broke any laws. There would be no need for anyone to hide money from the government. That means there would be no illegal drug use, no terrorism, no political corruption, no pandering of any kind (hidden prostitution, child sexual abuse, etc.), equality of wealth (including access to health care, medications, food, water, etc.).

That would have to happen first.  I think maybe Donald Trump (leader of the free world) would have to leave office first. Oh, and all of his mental defective supporters would have to die off. I’m thinking that may take a couple of more years. LOL

No I do not think because bitcoin would never be able to handle all the people world.  Look how it is because of the interest in the last month or so.

The currency that I believe will dominate in the future will be the ADA coin from the Cardano project.

Their project covers all the main issues that currently reside with Bitcoin and 2nd Generation currencies such as Ethereum.

Watch their video,  the Cardano White Board overview with Charles Hoskinson and you will see clearly what I mean.

https://www.youtube.com/watch?time_continue=1&v=Ja9D0kpksxw (https://www.youtube.com/watch?time_continue=1&v=Ja9D0kpksxw)

I think there is no currency even bitcoin or ethereum or even your Cardano which would be a revolution over fiat. Reason is simple and that is the decentralized nature. No Govt. would agree to operate in a decentralized economy infact the whole motive of govt. is useless in case of a such an economy. Without govt. there will be nothing in the economy for the less fortunate there fore it means zero development can't really imagine such an economy to be practical.

It is not possible in future. Every country have his own policy. And it is a online base currency. Now many country have banned bitcoin and like others crypto currency.

Cardano are planning to  bridge their cryptocurrency with legacy fiat currency systems.

I can not say for sure, but most likely some kind of crypto currency will become universal and will compete on a par with the dollar. It is not excluded that this will be bitcoin, but for some reason it seems to me that this will be another crypto currency, which one, I can not yet say. Bitcoin is too unstable, like any crypto currency, so the dollar will be replaced by a currency that will have a stable exchange rate.

One: I don't believe it will ever happen. Two: This is not possible even in future far from today. Look, we still value our bitcoins by comparing it with other currencies. This would not change for a long time. Say it had changed in everyone's thoughts, even so it's still impossible. If something like this happen then the government will have no control over the economy. It will be a catastrophe.

Bitcoin is already a currency acceptable around the world but for it to become the only currency we have globally I think that's quite impossible to happen because of the fact that bitcoin supply is limited I don't think it can sustain the growinh demand, another thing is that not every one can be able to access bitcoin especially those who belongs to the lower class of the economy and digital currencies will be difficult for them to understand

The currency of a country is as individualistic and unique a symbol of its economy as its national flag, which marks its independence and sovereignty. On account of the fact that different countries have their own geopolitical, religious and demographic background.

There are many different poeple in the world with different beliefs so it would be impossible that everyone would adopt the same currency. Currently USD is the most near thing that we can find as a dominant currency due to the protagonic role of USA in the world economy. However coz the huge problems that is experimenting BTC with the fees, I see pretty difficult that in the future it will be the currency of the Earth.

Global currency concept for popular with bitcoin. Bitcoin is the most affordable mode of transfer fund internationally with very less transaction fees

I've been always saying that the World needs one currency!

NWO FTW!!!

With abominable transaction fees and longest time wait per transaction, exactly!

It's already happen now little by little because the authorization and acknowledgement in crypto are spread in different country so i say in the future we can called "bitcoin" is a international digital money or other altcoin.I think in no time it can happen because the price is continue to grow even little by little.Moreover we experience the future already in crypto and what it can brings to us.

While i believe in bitcoins as a potential currency of the future. The only real issue is that i doubt it will become a world coin as you mentioned. The reason it will never become a world coin is due to the fact that  no countries have the same goals for their currencies. Also people like to use currencies as a way of power so lets day the united states would not want to have same currency value as lets say India.

One currency usage around the globe will make the administrative functions much easier, as well a uniformity. The same will not be agreed by governments, because economic growth happens in a diversified manner. Now as different countries have got traditional currency with varied value system the economic growth gets varied.

I can not answer with certainty, because it is very difficult. look! today there are still many countries who hate bitcoin, so do not want to see the benefits and goodness of BTC. and this is a big challenge.
its just my feeling, I rather see that it might happen in the future.

I really love to see bitcoin become the one world currency, unfortunately that is not possible, for currency the value need to be more stable and with the limited amount of bitcoin and the amount of the users, we will see a very fluctuative price which is not suitable to be used for big transactions, and bitcoin also is not a perfect coin, it still got flaw, it will be better  if we got more option of crypto to be use in global transaction

I don't think its possible because every country has its own value and I believe the government will not allow this. I am more than contented if bitcoin become more popular in the future and continue to rise instead of be used as one currency.

Humans are meant to live in groups since we all can never get along. That's our nature and I don't think it's possible to live under a single government and currency.

of course bitcoin can be a tool for transactions worldwide because there is no limit in bitcoin so bitcoin will continue to reach all the people in this world as long as believe in bitcoin

It cannot happen. Bitcoin is considered a big threat for some countries. There are a lot of bitcoin related crimes, mainly scams which affected many people but the suspected people behind the scams cannot be traced because of the anonymity that bitcoin provides.

yes, I am sure it will happen, in the future bitcoin will rule the world. do you believe if there is a gold ATM? and then there will be ATM bitcoin in every country, when bitcoin controls the world.

I believe in bitcoin as currency but seriously speaking it been spending many many years to replace dollars as worldwide currency turn into bitcoin use as new number currency, but they possibility to hit this ideas because now is the new era of modern technology.

I think this is a good idea, one world one currency, with one currency then we will get a more equitable economic level and of course there is no difference in wealth that is too far away, and also easier transaction system.

I do not think it's possible. Why not, many counties in the world about know bitcoin and how the use bitcoin they no know. If it's possible maybe next 50 years after.

yup it has it's disadvantages

Definitely not. Bitcoin has quite few bad things ifself such as slow transaction and no information inside like ethereum.

Most certainly not, and not because the bitcoin does not have the ability but for the culture of the people, it would have to succes a global economic crisis for this to be a reality and even then it does not guarantee that there are no sabotages, that is, governments wanting to control or damage it, since economists do not like it because it is a volatile currency.

i think not just look how many countries ban bitcoin. well we just say no countries ban bitcoin and it is a good thing but look at the current fees just sending a small amount cost more. maybe others coins will do that like etherium or bitcoin as the primary currency and the other coins as support to it.

Bitcoin has a big potential to be a universal currency that can be used worldwide. But I will not limit myself with the possibility that any cryptocurrency like altcoin or future coins to be created has also open to that position. If only those corrupt government that ban bitcoin would realize this important technology and its benefits this would happen the soonest but this hold the improvement of this technology.

Because of bitcoin's popularity most people may be using them to transact with most of the establishments. Businessmen will be using bitcoin to facilitate their business operations. Every nation has their own currency and it's a symbol that they have their own identity. So Bitcoin will not replace currency of every nation.

In my opinion, the world will soon accept bitcoin as a currency. But still, I don't think it could replace any currency in the world, it is more like to be added to currencies used for international transactions.

This will never gonna happen, think how the governments will react if bitcoin becomes a real threat to fiat.

And a currency should be able to be spent fast without waiting for very long confirmation time. Bitcoin will remain as a store of value, for now.

For now i think bitcoin is just a small currency but maybe in the future probably who knows about it. I do billieve in bitcoin but not that much. But i realy billieve that someday there is one currency that can conquer the world and we will use it as a mode of payment in the future. If that is bitcoin im not sure maybe some new coins too or degital money.

It is going to be difficult but it could happen. However, I am afraid it will not happen too soon. It is going to be hard firstly because the rest of the world has not yet entered the digital age. Some others have not even held a computer yet in their entire life. Some others are not yet even aware that there is such a thing as a smart phone. Not even to mention the political hurdles it has to go through. So I think it will be very hard to happen.

Bitcoin or BTC value is very large, able to reach thousands of USD or tens of millions of rupiah! So naturally if many people in the virtual world eyeing Bitcoin. Some even look for Bitcoin to buy / sell for big profit. The rapid growth of Bitcoin in the last decade also made one of these crypto currency types predicted to replace the conventional currency.
 

I don't think bitcoin is just a small currency right now. It market capacity and price is higher than any currency in the world. The problem is that our government just ignore this and won't consider bitcoin as a currency as well.

The bitcoin digital currency attracts internet users around the world, in fact bitcoin can be used as a purchase or transfer of funds worldwide without having to go through bank prosecutors, credit cards or government authorities. already many world companies are receiving bitcoin, bitcoin is traded and transferred like traditional money through a trading company. transactions made without a third party or government, now bitcoin became the world's first fully decentralized digital currency

bitcoin as a crypto currency is very likely bitcoin to be a means of payment around the world, but this should be supported by a good banking system, and there is a strong control to monitor it

I think it is impossible to have just one currency in the whole wide world. But it is possible if bitcoin is can be use as mode of payment. We can't have the same currency in the different country like for example in the Philippines the Philippine money value is very low than the USD thats why we can't have a same currency. Its just my opinion. :)

Yes I agree bitcoin can really become a main currency that is accepted globally with this new technology of digital currency some countries are now starting to adopt bitcoin though some do not completely go all in with bitcoin still they support the market with some exchanges and banks starting to accept bitcoin, the involvement of online shopping that accepts bitcoin as a mode of payments marks the start of the new era in world currency.

bitcoin as the world's only single currency is very good, but whether it is already supported with their respective technology of the country, but it is very possible because bitcoin is a virtual currency that is in great demand by the global community

big challenges are waiting for bitcoin in the future, I think, one of the ways that bitcoin can master the world is trying to get through that challenge. so, not easy. moreover today many people leave bitcoin. and bitcoins should try to restore their smiles. and I'm sure bitcoin will rule the world

I don't think so. Bitcoin has to rise to such a position, at least to be recognized by all countries, and many countries are not very supportive of bitcoin. I'm more inclined to be a currency than the dollar. This may be the best result.

Probably not because competition was always important, so before there becomes one of something, there would need to be some massive corporate and legal battles taking place. Really doubt it.  :D

Well said for me, one currency one world. The fact that bitcoin is us globally is a great factor to say it is use to transact worldwide. Aside from that it is also a currency for transactions in the internet world. That is why we can coin it an international currency.

No, I don't think so. I guess there are will only two methode of payment. Offline payment which use gold and silver only and online payment which use cryptocurrency only as representation of gold and silver. I am sure that we will not use paper money anymore.

It's not possible. Think about how to accept your electronic money in those backward and poor areas where they don't even have the Internet. In their place, and gold is valuable currency. Bitcoin is likely to be popular in developed countries and regions, and I think the first is to pay for shopping.

One currency one world - it's the Utopia's ideal world for sure. However, it's quite a challenging task, because it's going to face many obstacles and difficulties on the way. Beside of Bitcoin, there are still many other alt coins that is more suitable to use as global digital currency (such as dogecoin)

Fiat currency is going to be eliminated sooner or later, just the matter of time...

BITCOIN has established its name. People trust this coin. Like, right now in Japan, they have stores where people can buy using BTC. Countries all over the world will start using it. Not too many people are financially literate nor aware of Bitcoin. People are still curious about it, and the room for growth is still quite high! So, it's not impossible!

I billieve in that but first i think we have to unite all nation as one if that happen we can use bitcoin or other crypto currency as one mode of payment arount the world. That sounds prety good but it was very very hard to deal with it.

The possibility of Bitcoin to be the only one world global currency is extreme and far-fetched. Every country in the world has its own economic setup dictating its own currency. The very nature of Bitcoints to be a decentralized crypto-currency goes against the acceptance as one global currency by the individual governments. To govern a country, they will not naturally accept the decentralized economic freedom offered by BTC and rule out the technology and the capacity for innovations. Even though it has been accepted by a few first world countries in their payment system, there are far more third world countries who need to constantly fight for existence. Hence, BTC is still not accepted there.

Even, in the level of micro transactions it is even more difficult as we can't wait for hours to get confirmation when paying in coffee shop with bitcoin. This concept didn’t really exist before. Presently, it acts more like store of wealth like gold right now. At this level what is required is faster confirmation and less fee might be used as suitable payment method for micro transactions. The pricing in Bitcoin is still too unstable, like any other crypto currency. Hence, to replace dollar we will need a currency that will have a much more stable exchange rate.

The way we cannot believe all humans of the world regardless of religion, race, creed or color to be able to live in perfect harmony with one government that represents the interests of all people equally. Similarly, it is still impossible to believe in the one world global economy (BTC) to replace every individual economic setup.

I don´t see one token as the "One True Coin" to rule them all. BTC obviously can´t function as a payment for daily stuff and most (all) of the contenders have their problem. I believe in crypto and blockchain, but I find it more likely that we will use different currencies via one/several platforms. Though.. Vertcoin is the closest, according to me, to Satoshis vision of what BTC should have been :)

I think so early to say that because government will do their best for preventing this happened

They will do their best ;)

Bitcoin becoming the one and only currency used for any kinds of transactions in the world? No, it is just not possible, even if it is possible the chance of this to happen would be easily equal to zero. There are more than 180 independent countries in existence in our world and for all of them to accept bitcoin as their currency would not be possible at all. There are some countries which actually banned bitcoins too, so bitcoin becoming the one and only currency is kind of an impossible task.

One Currency, One world would be a dream come true for those who wish to tame the world and run it "in the most efficient way possible" for their benefit.

It is important to have diverging viewpoints and diverging interests to keep stuff moving. We need to learn to live together with our differences intact, not by removing those differences and making everything homogeneous.

From how things are going at preset, the most it can be is to be a method of reliable value exchange on a global scale. What bitcoin does is that it enables you to keep something valuable without the fear of being stolen/ compromised. This value stays intact when you cross borders unlike your Zimbabwean dollars. That in itself would solve a lot of problems like:
1. Access to keep some sort of value secure for those fleeing war-zones as refugees.
2. Enable people to keep savings safe from stupid government ideas or plain dictatorships.
3. Enable easier exchange of goods and services within the boundaries of a country and later between countries.

For this last point to come true, we still need a lot of self-regularization (that doesn't seem to be working).
One currency, one world isn't necessarily a good thing.

I think that was not just the main reason. Maybe its because also of some tradition and also religion they are the one who also prevent. Why we dont have one currency in the whole world.

Bitcoin is meant for Internet currency and world has us dollar but internet dont have one decentralised currency so Bitcoin was born from Satoshi soon Bitcoin will become Global acceptance currency

Bitcoin is growing up in the past few years. It is too early to think it will replace the status of legal tender. I think the future of currency and encryption currency will not be too much competition, legal tender address is decided by the rights and interests of the group, it is not easy to shake. The future hopes that bitcoin can be combined with as many social projects as possible so that it will become more and more valuable.

I am very seventh with that but to unite all currencies into one unity for all countries surely it will be difficult anymore coupled with the start of inter-state disagreement as today will cause difficulties between countries to unite the world economy and choose the international currency.

Yes it can happen but maybe some of the other country would not believe it because most of our leaders or the government are corrupting the country and stealing our money that's why most of the country will not really allow this to happen because they might reveal their self if they allow it.

the policy would prevent a single currency worldwide because some countries benefit from the variations of the currencies, having an economic competition, looking for that their fiat currency is superior to the others according to their natural reserves and riches of each country.

I think you have a good point with that in that case we need two currency that we can use in online which is bitcoin and one currency of bitcoin too but this time in coins that we can use it for offline transaction in the future. I think thats a very good point. If you agreed with me.

I think there is a atm alreadg for a long time. Here in my work place i found a few bitcoin atm already and some country like  japan and korea also have atm so maybe your already late for that news.

Yeah i dot believe but the road to that moment is really long and far because Bitcoin need to be popular in every countries in this world.

Every important person that has some power to decide over local currencies would object against the single currency that could prevail. Bitcoin is the extroardinary coin and it had changed the internet market. Many people are turning toward it and they are adopting it as the decentralized currency as it is. World governments are managing with their original centralized values and banks are scheduled with the task to keep this centralized money. There would have been slight change in the world order for one currency to prevail over other currencies.

I believe that it's possible but mass adoption must happen first. I hope that the amazing technology behind bitcoin be developed soon for the next generation so that it may reach its full potential. It has proven its value over time and now we just have to wait for it to be globally accepted which I believe is a long shot but still, possible.

I think it will happen in just a long period of time. Why not this happen if every single person in universe always wanted new things to happen, New things to embrace with. Things all over the world need to buy, need to pay. People are from different places so they have different kinds of fiat that requires them to make it change to the currency where he belong in present. Every person who traveled experienced a hard time to make your money their currency as you are from other country. When bitcoin accepted by human kind that is the time to make it one world one money. Everyone would be in common just one.

bitcoin as a currency that can be used around the world I think it could happen if the whole world recognizes the value of bitcoin currency and the state facilitates the method of payment using bitcoin, but for that takes a very long time. we can only hope it can happen because in my country there are already received bitcoin as a means of payment for shopping, maybe 10 or 20 years to come already wide payment using bitcoin.

 :)I believe this is the plan. :)

Obviously, there has been a certain trend - on the one hand, large financiers demonstrate a serious interest in coins, on the other - at the official level, its disregard. Of course, there are problems with the crypto currency service. Nevertheless, the trend is obvious - in bitcoin as a currency there is a huge potential which, under a certain scenario, can lead to the fact that these electronic money will be in demand all over the world, and bitcoin can become a single world currency.

Of course not. To believe that Bitcoin will become the only currency is illusion. Similar like to think that there will be no wars or poverty in this world and that everyone can live in peace and wellbeing.
Bitcoin wasn't ment to be like fiat currency. It can be used anywhere in the world but it will never be tied just to one country or one nation and unfortunately it can't unite the world. But it can make for financial system to change and that is already doing.

If you think.about it, it is impossible to happen. Bitcoin's value can compete with other currency but its still not the cutrency that was being used. It can only happen in fantasy. Imagine the hustle of converting your bitcoin or altcoin to cash, its not that easy.if they can do something about it, we can consider  bitcoin as currency, but for now its not possible to happen. But who knows, it will be an advantage for us since we are using coins converted to cash.

I think bitcoin can be one currency of the world but it applies only in the world of cryptocurrency, although in that case there are more and more coins in cryptocurrency but I feel bitcoin could be a single world currency that applies only in the world of cryptocurrency.

Bitcoin is already a global currency , yet it is not the only one since there are more than 1000 other cryptocurrencies . Such coins help to overcome the barriers and limits and make everybody united under the flag of the same currency , not under land , beliefs , religions and color's flags . A global citizen will certainly need a global  currency that can satisfy it's needs anywhere and bitcoin is the 1st coin from the beginning of the universe to achieve that .

I think it is the key and main name for the future monetary system. It has changed already the way of thinking and it led people think from different perspective, this is also a huge thing for us to think unusually. However I don't think bitcoin will be only currency in the world. There are so many altcoins and I guess governments and companies will tend to make their own crpytocurrencies.

This is poverty memtalitiness The IMF's special drawing rights (SDRs)
could be the next world currency to replace US dollars.
And that will be good for gold owners. Addison Wiggin
explains.
One World, One Currency -

Bitcoin is changing the face of several business globally. Its forming a new way to do biz and work around it. Its not a good thing to monopolised the world currency anyway but Bitcoin is just the key and giant of the cryptocurrencies.

This idea was planned out decades ago by the illuminati. But Bitcoin is not the currency, or any other currency that was mentioned. A fiat called the "Amarro" was supposed to replace all current currencies and function as the only currency to circulate the system. Though just a speculation, there are some strong belief in its legitimacy.

Bitcoin becoming a "global currency" (say, on par with the Yen or Euro) won't change the world political structure by itself, though it will definitely help.

Never say never, everything is possible.
Bitcoin will be a ,,global currency,, soon, but political is not changing nothing...

There are some conspiracies that tells that there will be one world, one currency and I have some feeling that bitcoin is the currency that will be used for that thing. Although governments aren't into bitcoin and most of them are against to bitcoin so I think powerful countries will take into something that they can agree of using.

How can Bitcoin be the only one currency when it can't even handle a few thousand transactions in a timely manner?

Do you think that any currency in the crypto market is centered around some nation or a centralized authority ,almost all of the coins in the market can be transacted around the globe without much fuzz and that is what you call a global currency and bitcoin started this and it is the major currency in the entire market looking at the price and popularity ,so welcome to the world of global currencies.

One Cryptocurrency would be the best thing what could happen to this planet. It would make so much things easier. But if theres just one Cryptocurrency, we will lost the ability to trade. And without trading, no money making ;)

In my thoughts, Bitcoin will never be the only one currency in the world. Why? Because it's just a cryptocurrency. Many people are not aware about Bitcoin, maybe they are accessing social media but not aware about Cryptocurrency. If bitcoin be the only currency in the world, Many people will be affected. They will need a lot of time to understand and to analyzed what Bitcoin and how bitcoin exists. And I really dont believe that Bitcoin be the only currency in the world if many governments in other countries banned it.

It can be possible but its a very long process. Today, we use Cryptos to buy goods but are still not recognized by banks as a currency. Also every country have their own fiat money which is more stable and are on the system for many years. Digital money is very different from fiat. Also, there are lots of cryptos, and many more will be released. Let see what the future brings and if the government will allow to have only one currenty that will be adopted in different parts of the world. But as i have said, it will be a very long process.

I don't think it will become unified as one currency, but rather certain countries will adapt to certain protocols and currencies. Although that'd be amazing to see, I think realistically it probably won't play out like that

Totally. I've seen a lot of posts where people have been waiting for their transactions to be confirmed for weeks! That's just utterly ridiculous and discouraging.

Though we looking a good result from this technology, but having a single currency being used can be hardly to implement. We also consider the fact that, bitcoin or the entire cryptocurrency isn't fully accepted by the people and some countries are opposing this. Maybe we considered it as one of the currency being used together with fiat and dollar.

Right. I mean, govts will really have a hard time trying to regulate something that can't be regulated.

You got the point there. But one currency does not mean no trading. Maybe no trading in other currency because there is only one currency in the world. Maybe trade into gold and oil and some minirals.

I don't know what will happen in the future. all have possibilities. I believe when the banking system switches to using the blockchain system. it is not impossible virtual currency will be adopted by all countries in the world.

I believe it is possible for us all to use bitcoin as payment method. With your second question, consider how popular bitcoin is becoming of late and how some governments accepting cryptocurrency. If this continues to the extend that the whole world accept crypto, then the idea that the world will use one currency will be possible and I believe it's bitcoin that we will all be ok with.

Bitcoin is the real cash less policy the global financial world are clamouring for, with Bitcoin the world is one,globally accepted without racism or religious biase to the acceptance and  use.Soon the world leaders will have no option than to accept tit use globally for trading and as a means of exchange

No currency will be used around the world - certainly not bitcoin. Crypto may well be more commonly used than fiat currencies in some jurisdictions one day, but it'll never by a single crypto. People will use different currencies for different purposes.

I do believe so. If bitcoins are now accepted as a worldwide medium for payment, sooner or later, the whole world will band together and end wars and stuffs. But I do believe bitcoins cam unite the world as a whole. Bitcoins serve as a unification of the whole cash system of the world.

This is pretty much impossible to achieve given the diverse culture and background each of our countries have. Some countries don't even have stable internet.

Not exactly like that
It same like real money
Like US dollar can use in every where can accepted in every country
And Someday maybe every country have their own coin but bitcoin will be the "dollar" in crypto currency

Governments would never allow this at least for now. How can they control the people if they don't control its cash flow?

For bitcoin, I don't think it's possible at all.
Governments do bot want to replace their fiat currency obviously, its better to ban bitcoin instead of let bitcoin dominate their official currency. Another problem, it's hard for bitcoin to reach scale implementation to afford so many transactions per second. Bitcoin supply is limited, can't meet the demand all over the world. Then, if bitcoin fail, all of those altcoins will fail as well.

The best thing that will happen can be the coexistence of both fiat and cryptocurrency. We can't just remove the old system right away. But bitcoin can go with fiat until everyone is completely content with bitcoin. Until no one uses fiat anymore.

no its not possible maybe for doggiecoin but not for bitcoin,

people need to do their business

Every country has currency diversity and would not let a single cuureny to be same. Thinking that it would only increase rate of criminality yet it sound pretty good because when it comes to traveling, it will surely be convenient knowing you would have nothing g to worry about payments.
Still, fiat and bitcoin can be a good tandem in usage if currencies. Complementing each other very well like what bitcoins and some altcoins do. I think with both all will run smoothly.

no matter how hard i like this thing to happen.
i think it is not gonna be happening in the near future.
because we cant deny the fact that there are people who are not use in using new technologies or they don't have any intentions to do so.
and there are also others that do not have access to this technology.
so i guess there won't be a worldwide accepted cryptocurrency as long as there is this kind of people.
:D

USD is likely the world currency at this moment, despite that EURO is used a lot, on the main countries usd is used.

I don't think there will ever be a single currency that every country exclusively uses. There will likely always be other currencies that different countries use, though it is possible that each country does use Bitcoin to some extent.

seeing 100 years for bitcoin to be a massive currency to use and make world currency, no need to grandiose to achieve it all. just holders saying belief, not economic beliefs

If the currency is decentralized then that is completely possible

If you are thinking that bitcoin will replacing fiat and all local paper money in the whole world then for me this is not possible because the most specific reason is that not all people in the world specially living in the third world countries dont know how bitcoin works in which many are poor in education. Unlike fiat that even children know hot to use it.

Bitcoin is a kind of currency where its value is decentralized wherever part of the world you are. This is the reason why many people predicted that in the future, bitcoin will be use worldwide as only one currency.  But, I doubt it will gonna happen.  It is very hard to change the culture of a certain place. Flat has been part of our culture in making any transaction.  Besides, it took many years to make all store technology ready to meet bitcoin standards.  Maybe in the future, bitcoin will be legalized and accepted worldwide and will be used as an alternative currency but not as only currency.

To become a global currency, you have to provide a lot of privilege regarding money support. Bitcoin is still struggling with a payment method, the price is too high to collect a Bitcoin. Bitcoin is not supporting all over the world yet. so that Bitcoin has to do more thing regarding becoming one currency in the one world.

I think it needs a lot of time, not only that but also Bitcoin should be accepted at first then Bitcoin will become a major currency in the world. But without regulation, it's really difficult to reach that dream.

I think currency is a factor that can highy increase unity in the world. So, having only one currency can definitely adjust everything such as the trades and transactions of mankind all over the world to the point that each and everyone will understand and relate to whatever it is that each and everyone is trading, buying, selling, investing, etc.

This prediction is possible only in the world of cryptocurrency  due to the rate of it popularity,but it can replace fiat currency .

I think this position is very difficult to become possible.Most people in the world do not make money through the bank.Most people do not have bank accounts.Most people in the world do not use a computer, smartphone, internet.The economy of each country is full of differences, and the tax and fees are different.People can only use their own country money in a normal bazaar.Bit coin is not a form of money. It is possible that bit coin only one currency in the whole world.

I think we can not just delete the old system. But bitcoin can work with fiat until everyone is completely satisfied with bitcoin and in the future maybe bitcoin could be the only currency in the world ...

Impossible. Original bitcoin cannot function as a currency because of the issue with fees. It's only good for large transactions, and even then it still costs more than international wire fees.

Hi there CryptoWorld87! I have a huge belief in bitcoin and its advantages in the and how blockchain technology disrupt the financial system. However, I can’t believe that a single crypto nor a single fiat could rule the world and become the only currency that can be used. Why, hundred years ago there are still no single currency that only used all over the world. There could be a dominant and universal currency, dollar in fiat and I how bitcoin in terms of cryptocurrency.   ;)

It would have been a great thing unless some of the governments didn't ban Bitcoin. However, the idea of a currency being independent from all countries sounds gorgeous!

I absolutely agree with you. It’s really no easy for making bitcoin become the only one currencies. We all know clearly that there a part of every contries all over the world using bitcoin, there even many people don’t know how to use well the techonological machine so also have many people don’t know anything about bitcoin. All of us use fiat currency like an inherent habbit, it’s hard for them to adapt to this. Although I honestly want to use bitcoin for buying many things as fiat currency, it never happens. Nowadays, there have some countries uses bitcoin transaction to buy coffee, clothes… however it seems an extra currency, not official. Therefore, I believe bitcoin will not become only one currency in the whole world.

Actually, I believe in this thought as well. Having only one and common currency is a good start for the world to have unity. The affectionate level of every man will increase to the point that they'll sympathize with people because they would understand how valuable is lost to someone since they happen to have the same currency which have the same value.

I don't think that it is a good idea to have a single currency for the whole world because people have different perspectives, different opinions. It will just make them argue on what they want so it is better to have different currencies and different values.

That't highly unlikely. There are quite a lot of decent alternative coins including some Bitcoin forks, and it is not even certain that Bitcoin will remain the No. 1 coin in the future. Some may even argue that Bitcoin won't be able to survive in that future but it remains to be seen. Whatever the opinions, the competition in the crypto world is undoubtedly heating up.

Currency and culture are the biggest difference for every country. Correct that laws are also the hindrance to it. Its impossible to implement a one currency for the world because of this

I don't think bitcoin will be the digital currency to be used worldwide in the future because there are also some alternate coins who can be used as payment for goods or services because every digital currency has its unique functions and usage.

That would be a great thing if it does, and it is a possibility that someday all currencies we only depend on Bitcoin or some other cryptocurrency that suits for all.

Yes, I believe in the future we can have a simple cryptocurrency which we can use to buy almost anything. But i don't bitcoin is going to be that very currency because there are some issues with it right now that needed to be fixed, such as higher transaction fees and slow transaction speed.

The problem is that this is a tough transition. At the dawn of paper money, it certainly was not easy - the villagers may have said something of the sort: "Do you want me to give you my cow against this ?!"Probably no new kind of money will succeed without officially being supported by a (big) state - although Bitcoin is trying to be a supranational currency.

I think it may be in the near future, but many things have to change. for example, fees, processing in a short time.

As of now we are seeing thousands of currencies and every coin is trying to differentiate the existing infrastructure with decentralisation and it cannot be said only one currency rule the world in future.

I don't think it will be one currency, but some of them will get more popular than others. What I am sure about is that crypto > fiat.

No, bitcoin will not be able to make a currency into only one in the world, not for a short time. The possibilities are very small, even too small. Currency is very much, every country has its own legal currency. For bitcoin to be the only currency in the world? Do you think it's easy? Do you think it's simple? It can still happen, but it can only happen in the very distant future.

It's hard to tell.
Pride is what will take over.
History in every paper money of one country is illustrated there. If you take it down then it is like disrespecting one country. World peace cannot even come true then what more with just one currency. It is a no.

Hmm not so sure about this theory , cause it still a theory after all. Maybe in the next 30 years + there will be a few currency left around the world and bitcoin can be one of them yea and I think all of them will be based on blockchain or similar tech.

One world, one currency is a nice slogan and seems logical, but this a dream that will not come true. Too many different agendas, too many political views, too many different meanings in this world, make it impossible to have one currency. We could not have this with the US dollar and we will not have this with cryptocurrency. We've seen the Euro in Europe, a good idea but still does not work for all countries.

I don't think so, It wouldn't be a good idea for many countries. Actually, Some developed countries always want to dominate in the financial world. so they will not come to an agreement as mentioned you. I believe that not only Bitcoin but also other rising currency will not consider in this issue.

That's why I don't believe that one currency policy will not play a good role in the coming future. day by day alliance is becoming complicated and separated due to the different issue. so this type of dream will not come true in the future.

I'd say it is pretty hard to reach that since almost every country has it's own currency but it is possible. I don't think that will happen soon, though

are you sure dude what you say this... ;D ;D

since the presence of bitcoin. All financial institutions began to use the concept of bitcoin especially the concept of blockhain work. But I'm not sure that bitcoin is the single currency in this world.

Observing the upward trend of bitcoin it is possible that many things are paid in this currency, I will begin to invest some money in this virtual currency of which so many people speak.

It is impossible. why not, if it's possible then all-county in the world using one coin.Therefore, due to geographical and other factors, the difference between the coins of one country and the other countries coincides with it.

i think it will not happen. every country has a currency of their own. the prices are different it could affect the government of the country and most higher ranks in the government will not agree about this.

I highly doubt that. BTC is limited in supply and it is impossible to sustain the whole world with one limited currency.

One currency One World might be possible in future but there will always be value issue. But I guess in near future we would see Bitcoin taking place of USD as Global Method of Transactions. Like, tourists will keep Bitcoins instead of USD, people will send and receive payments in Bitcoin rather than USD and the convert their Bitcoins to their Native currency.

It's an interesting idea, just like the future of crypto-currencies. But the question is, will it be bitcoin or other altcoyins. I lean towards the idea that there will not be a single crypto currency, there will be many different uses and each of them will solve certain tasks.

You can call the world a single currency because we only have one bitcoin. and you can also say the same thing we do. The government is very good at making things overly complicated for the purpose of obscuring what’s really going on from the public,” observed hedge fund manager Erik Townsend during our interview in May.

Well we can consider BTC right now as a currency that can be accessed through out the world as long as there is internet connection. But as a crypto, BTC isn't a sole currency, there are lots of currencies that allows the entire system to be profitable.

Nothing is impossible yeah? But this, my friend is totally impossible. It just won't happen least on planet Earth. How will the town people adopt to digital currency? What about the children?

Many people around the world are already using bitcoin in many different countries. Many places in Japan widely accept bitcoin but for everyone to use bitcoin exclusively will be difficult we will still have the world wide problem of the rich and poor divide.

Its does not gonna be happen, no world that has one currency.ItS impossoble that bitcoin will become the currency of a whole world.  If a one world have only one currency is like all countries are equal, so some people will not go to other country to work hard just to have a lot of money.

It could possible happen but i believe there will always be options. That it will not just be a single mean of payment. Like right now, we do pay in dollar, euro and local currency but if what you said will indeed happen, for sure there will be other alternatives aside from bitcoin.

As of now i dont think this kind of scenario will happen in the near future.
We must rralize that no matter how popular bitcoin could be there will always be people who will not adopt in technological changes.
And of course not all people in the world has access to this changes. Therefore conventional form of currencies will still exist.

I believe that some kind of crypto currency will be the only way to pay worldwide, and not the fact that it will be bitcoin. I have already written many times that bitcoin has a lot of shortcomings that have been solved in other crypto-currencies, but I do not exclude the possibility that bitcoin can capture the whole world and that it will win competition from its followers (alternative crypto currency).

I don't think will be the currency for the whole world as not all people understand what type of this currency but for sure this currency will part of the world type of currency  ;D  :o

It sounds like one world one government  :). It could possible happen. One currency one world and one government when the money in circulations are just cryptocurrencies but i believe there will still be options in this. Then the world will be a cashless society.

At present, it appears that implementing a single currency worldwide would be highly impractical. Indeed, the prevailing theory is that a mixed approach is more desirable. In certain areas, such as Europe, gradually adopting a single currency may lead to considerable advantages. But for other areas, trying to force a single currency would likely do more harm than good.

This is unrealistic, there will never be one currency for the whole world. Having only one currency for the whole world will lead to many hazards. First, the application of exchange rates to the world would be unfair to countries because the currency represents the development of that country. It is possible that the future cryptocurrency will be the international currency, people will use it next to the offline currency at the present time to trade. It will become a popular form of online payment in the future, replacing all intermediate payment gateways at the present time.

Possible but very unlikely to happen, if there will be a catastrophic event that could threat the existence of human i think in that time survivors will keep a one government just for the order and i think that is the time a single currency for the whole planet will exist.

Absolutely not. The time of a single coin is over, now the crypto echosystem is too complex and diversified to go away. It will probably even grow further.

A currency does not exist in one world, because we live in the same world, although different countries and different governments, but I still think one world a currency does not really exist.

one currency one world can be possible. but it will take time.in underdeveloped and developing country their systems are yet to be digitalized.
people needs to access internet.they need to learn it.in my country people can hardly use internet properly. only educated and job holder of the city use credit card.in the village they don't know  what is credit card.what it does.and  more than 95% of the people don't know what is bitcoin and cryptocurrency.
In most of the country bitcoin is illegal, we don't know whether they make it legal or not. if they do they then it has to be popular.
so the dream of one currency one word is far far away from today.

I think it's possible that bitcoin would become the only crypto currency. Why not? After all, he is very well thought out, and has really great influence in the world. Let's see after a while whether this will happen.

I don't think this would happen in the near future because even now there are altcoins that are competing bitcoin and are also decentralized. The more possible thing to happen is cryptocurrency replacing fiat currency.

I don't think so. Probably, in some distant future when all spheres of life and all countries of the world will break new ground of evolution. But currently not many people even know what bitcoin is.

altcoins have also their own usage and they also had their own blockchain but bitcoin is the most mainstream here when it come to cryptocurrency that is why bitcoin has the only chance to be used as a multi currency tool or universal currency that can be used online and ofline all over the world although it might take time to happen due to the fact that bitcoin is not yet accepted and legalize on some parts of the world and also bitcoin has still alot of issues and problems that needs to be fix and improve as soon as possible in order for it to called the best digital curency.

I don't think it will ever happen. Each has country has its own currency that are used exclusively for its people. It will only be acknowledged as another mode of payment in terms of online transaction throughout the world.

No it cannot happen, There are credit cards and bitcoin is also a digital currency that's why we can use  btc as a mode of payment. Maybe in the future, There will be no fiat anymore because technology is growing so fast and if bitcoins is still existing then it will be the global currency nation wide.

As time goes by, people will become more modern and more knowledge and intelligent when it comes in new modern things. According to what I watch few months ago or last year 2017 bitcoin is only road to the more modern currency which is can be use by all people. It is chips that can be implanted in the pore head or in the hands which is the only payment that can be use intire the world. It will be called One World Government, One money one Government.

Avoid own money used in each country,It is not possible to use Bitcoin instead.This will impact the economy of the countries.

This is not possible ;) but already going on this thing , You can see the history news about bitcoin where people were using at very wide level to use bitcoin for transaction of money .But to stop such things many government made many rules and taxation system to regualate it and few stopped it .
Bit now after long time many countries legalised it and made everything full of tax to pay for such things .So here your slogan one currency one world is right but due to regualtion people are using it less for worldwide ,but ofcourse people has much ease to use bitcoin for worldwide transaction .

That's not possible if bitcoin is the only money that can be used for transactions. Slow bitcoin transaction will affect the purchase of small items. The very limited number of bitcoins will not be enough to meet the demand of the whole world.

impossible. remember that bitcoin is created not to replace all currencies, but to make transactions between people, between countries and other transactions easier and we no longer need banks, PayPal and the like, because all finances are in your hands. How can you rate the bitcoin price when the Dollar is gone. However, this is a technology that called cryptocurrency but it can't be a currency.

That is not possible because Bitcoin has a limited pool that will eventually drain. We could speculate that if Bitcoin and altcoins will both contribute in the same way then maybe it would be a large enough flow that could cover the global economy, but there is also a possibility that it might fail to do so.

I think this is a good idea, if the world of one currency then the transaction system becomes more concise and easy so there is no dominance of a particular country.

Probably this will not happen because bitcoin wasn't well known to other countries. Some countries treat it as good source of investment but other countries treat it as bad that it can destroy their government.

For many more years we will observe the diversity of currencies. Over time, some currencies will supplant others, and winners will get the maximum market share.

bitcoin is very volatile and has high rates plus it has a lot of decimal places and the majority of people would like to own a whole coin. so i believe that there will be an alt coin replacing bitcoin for that purpose in the near future.

If for payments in all countries I think bitcoin can not be because a country will not agree to make it a legitimate currency.In addition, people who do not know more details about auto bitcoin make a heavy burden for them in doing various transactions at any time.

The only way for bitcoins to become the world currency is, If every nation will allow their country for bitcoins to circulate in their area. Some of the government does not like bitcoins because of the markets volatility and untraceable transactions, Some people can use bitcoins for illegal transactions and governments are avoiding those problems.

bitcoin can't even service a few 1,000 day traders, how in the hell is it going to service all the pay2shit toilets on earth?
get a life ppl, btc is a toy for rich techies

It is difficult to entire world. Bitcoin can't be mistaken for a method of installation as a result of high exchange charge. Bitcoin is so volatile currency, no state wants to totally change to the use of Bitcoins. When it will make a physical cash that time we should consider this currency is the one currency of one world.

At this stage very difficult to say that bitcoin will be the only currency, as for this it has to pass with too many political clearances and financial obligations.

I agree with your points. Very few countries would actually be willing to use bitcoin as their main source of payment in place of physical fiat currencies. It would take a miracle for majority of the countries around the world to accept bitcoin and allow their citizens to use it as an alternative source of payment currently. Truth is that bitcoin is being adopted around the world at a slow and steady pace and more and more countries will come forward to accept this coin as the crypto world continues to grow with time. Patience is required in this case.

i think bitcoin is difficult to become world currency,governments do not recognize the legitimacy of Bitcoin.

This is quite possibly a way to unite the whole world and settle their differences. Bitcoins may be the saving grace the world needs. But to think that it is possible is very farfetched. I don't think bitcoins will ever surmount to something that big that it literally united the whole world.

bitcoin has high rates and is very volatile plus it has a lot of decimals and the many people would like to own a whole coin. so i believe that there will be an alt coin replacing bitcoin for that purpose in the near future. One currency one world, if not bitcoin, I believe its one of this CryptoCurrencies it should be.

I'm not sure if in the future bitcoin will be the only currency that can be used as a payment mode around the world, because now every country has its own policies in regulating financial activities. It is impossible for all countries to make the same decision to make bitcoin the only currency that can be used as a mode of payment.

I think in the future this can be possible, but just imagine, whole world and just one currency. It would be amazing.

I disagree and i do not believe to this subject that bitcoin will become the only one currency to be use as a mode of payment in whole world because it brings us chaos to our country and the whole world to be exactly. This would lead to the country of discouraging and lookdown of incapacity where the rich country will become richer and the poor country will become poorer.

Can not say that, as well as the global currency, in the economic globalization today, in the form of currency to distinguish between countries is not correct.

It is definitely possible for this kind of crypto to be used on all transaction in the future. With the kind of capability of bitcoin, it has a place somewhere as a essential in transacting money in the future, however there is no guarantee of this being implemented because it is hard to unite currencies especially now that people have different perspectives on handling money.

each country certainly has a different currency, and for currency only one bit ie bitcoin as currency, in my opinion it is not possible if one country has only one currency.

Bitcoin will be recognized around the world but I do not think of it as one currency that will be use in this world. Government will be against about that because it is decentralized which no one can control it and you do not trace who is the owner when you want to track for something in the transactions.

I think Bitcoin is unlikely to be the only currency used in the world, but the technology used by Bitcoin, Blockchain is likely to be used by people and even governments

It would take A LOT of infrastructure to do that. But, I believe that eventually, there will no such thing as currency.... At least not as we think of it right now. There will be a Resource Based Economy. :)

One currency, One world is definitely needed for sustainable progress of economies. But i dont think that its practically possible. Despite the increasingly global nature of commerce, the economies of each nation throughout the world still differ significantly and require different management. Subjecting all countries to one monetary policy would likely lead to policy decisions which would benefit some countries at the expense of others.

Under a global currency, this type of aggressive management of a national economy would not be possible. Monetary policy could not be enacted on a country by country basis. Rather, any change in monetary policy would have to be made at the worldwide level.

If transactions are easier, faster, and cheaper than bank wires, PayPals, Visas and their likes, Bitcoin's world domination will come about on its own as a pleasant and beneficial off-target side effect. But I don't think this will make the world any closer. Really, we had gold as a universal currency for a few millenia, but did it prevent wars and conflicts between nations? Not in the least if you ask me.

It actually caused them in so many cases.

Its possible and a new report from Goldman Sachs says Bitcoin could be the global currency. (https://coinpricetracker.com/news/goldman-sachs-says-bitcoin-can-serve-global-currency/)

We are all hoping that the future will bring us something new that will change the course the things are evolving. There are many currencies in the world and with the coming of even more decentralized currencies, people are not sure what currency will prevail in the future. Right now the world is very well organized and even with the mass of the currencies that are out there, there are the currencies that we can call the main payment systems because they have proven their value. The Bitcoin has brought the new way of the payments that aren't favorable by all people but I believe that in the far future situation with one currency can happen. There will be the online system for sure and Bitcoin can come to the point when it will prevail over everything else.

Yeah it is true that one currency, one world but this is a dream that impossible to happen. Because most of the people are greedy, they want to surpass anyone, we don't care to everyone all they want is to become rich, famous and powerful. Moreover if they want to become one all they need to do is eliminate the thinking like a crab.

What about pay and go transactions like buying food over the counter or falling in line in mc donalds. It could be a big hassle i think. People will be in hurry to get to the counter and if the transactions are slow because it will be a wallet to wallet transactions that requires good internet speed, im thinking how would it be.

Ittcoin becoming a "global currency .

hope is still very far away, still need lots of updates from bitcoin itself
but if only in use as a means of payment for certain goods may still be, but if must replace the current world currencies
it will be very difficult

I think that was impossible because we  have a  different country under the different government  leafer which has not the same in belief and way of making laws.I believed that if this would happen it is not really convenient.

When we have a one currency means we are living in a one world government. And if we are in a one world government our leader will be one also to rule all over the world. That would be nice for then because we use one only for good. Until they will monitor all over the world.

I don't think so.
Yes, we need one major coin, like Bitcoin at the moment. In the near future we will use a lot of different coins for different goals.
But we don't need so much coins - we need just 20-50 coins in total, I believe.

That's a technical problem, and I don't think it's particularly different form what card providers do anyway. Instantly fast transactions with crypto are certainly possible, it is just a matter of living up to that. Right now you should use Bitcoin payment cards which are linked to your wallet for fiat conversions, but if the merchants start truly accepting crypto, fiat can be removed from the equation entirely with crypto used instead.

There will never be one currency for the whole world. This world will never be one, we're all individuals and we want to live in our own country, with our own currency. So, the world will always be divided in separate countries. If you look at Europe and the Euro, it's almost falling apart.
The only thing that could work is one cryptocurrency next to all the fiat currencies of each country. This could be Bitcoin or any other cryptocurrency that can handle all transactions.

there's only gonna be One Currency if the world has One Government, which the hegemon will use to definitely create One Economy. The world is so fractured now, like we're living in a dystopian novel story, so for now, it's impossible.

That would be the perfect solution. The problem is that the amount of BTC will be insufficient for all people. We only have 21kk of them, and people in the world are 7.5kkk. It will not work.

BTC can be one of the currencies but can't be the only currency. Especially as it still has challenges of delayed transaction and lOw public acceptance. Fiat currencies will still exist.

No! People behind Bitcoin will find it hard to implement this one. Why? Because if this truly happens, there will be a lot of adjustments. Not all people, have the Internet. Not all people have a knowledge about Bitcoin. Not all people share the same interest about Bitcoin just like as we do. A world without a fiat currency will be messy.

It's possible for the countries who accept it. And as of now there are countries who ban it so this is not to be called as whole world.But not the only one to be use because of supply and the transaction speed may also come to be the issue.

If this currency doesn't belong to just one country or only to a small group of people, I don't see any reason why it won't be used everywhere if it proves itself useful and efficient. We already use the same Internet and live in the same informational space. So why can't there be a universal currency?

This is what we should expect if there are no economic and informational barriers between people in the world.

This is impossible. It is impossible for bitcoin get accepted everywhere let alone be the only currency in the world.

For me it's uncertain or rather impossible. Do you think it could replace fiat?  Lol and to think that it is a one world one currency thing 😂
Don't get too carried away just because of its growing adaption and others assumption on its future

No I don't, I think it will not be possible. But I believe that there will be the day when crypto currency will be the only way of payment, but with different coins.

Yes i believe in Bitcoin is only digital currency for internet sooner or later people start buying in Bitcoin demonization rather than US dollars world will envolve for Crypto dominated world decentralized currency to asset to exchange of value good and services

No doubt Bitcoin will the future world economy, but I guess Bitcoin will be people's favorite currency and Governments and Central banks will keep circulating their own cryptocurrency in countries. Well, Bitcoin can defeat this situation only if people starts using Bitcoin in a massive rate.

Bitcoin is unlikely to ever be the only global currency that will be used worldwide as a means of payment. First, with such volatility, no state wants to completely switch to the use of bitcoins. Secondly, in order to have a common currency, even a digital one, states must conclude a certain agreement, and for this, there should not be political, economic or other conflicts between them. As we can see throughout the history of our entire civilization, this has never happened

Different coins are used for different purposes, so I don't think Bitcoin will ever become the only one

I agree that with this level of volatility no one is going to use Bitcoin in the real world. But I can't agree that there must be an agreement or covenant between states. If Bitcoin or some other crypto gets widely accepted in a lot of countries, it will become a worldwide means of payment on its own. You don't need to sign an international treaty with a foreign party to use a cryptocurrency simply because it knows no borders.

Bitcoin is already a currency for circulation around the world. However, the only such currency, he probably never will. In order for this to happen, it is necessary that all countries conclude a certain agreement, such as the European Union, but on a global scale. Now there are too many disagreements between the states, and therefore the conclusion of such an agreement is almost impossible. So while bitcoin will continue to walk in our world for a long time as one of the many types of currencies, where in the mode of the best blogging, and where and direct prohibition.

i think is hard to believe that. because maybe bitcoin is so famous right now but if take control all currency in the world maybe hard to happen. but if bitcoin to be currency in digital all world maybe it can be true.

No, I don't think bitcoin will become the only one currency in the world. Guys, it will be a war if that happens though. Just look at the things to consider. The America doesn't want the China to have their currency be the central one. Trump declared war if that happens.

No it will not be possible.

Well developed nations were centairly benefit.

maybe is can be true but the process maybe can't take a year. and i think is hard to make it happen because different country will have one currency.

I dont think what one currency will be for all over the world. Very big traffic blockchain cant scalable this.
Maybe if we have many small blockchains in each country, what sync every day with common chain

it would be hard cause whatever good things is there will be a rejection cause our goverment want to control us by controling our economy. it good idea to make 1 international currency but it will hard to be true . its true the cryptocurrency is the way to make it come true. but the question is will the goverment accept this revolution?

I don't agree that it would be good solution, states will not be able to control it and it might lead to not so good constituencies.

What war are you talking about? Or rather, what war is Trump going to start? Can he force the Chinese communists to buy the US treasuries since this is what the power of the American dollar comes down to, that is foreign governments buying the US securities? Or is he going to nuke China?

I think Bitcoin will be become the only one Digital currency in future..

I would also think in the same way and it is practically impossible to make a common currency as the economy of the countries varies, every country may not agree to have a common currency that may lead to the differences among the countries.

yes for sure one time

Why do you believe this to be the case in the first place, there is no way that the various governments in the world will allow a currency that they have no control over to become the only currency in the world. Even though  a decentralized currency is the best for the entire world, no one will go for it.

Maybe it is good for our world to have only one currency.It could create a possible unity in whole world that every one ask for a very long time.But there were also confusion on it that bitcoin.So they need to be ready for it.But for it to be possible, bitcoin must be accepted in all countries.Bitcoin must be legalized and unbanned.

The exchange rate of the currency in each country can also be a problem.

World is one anyways, whether there are people or not, whether there are currencies or not!

It's hard to predict what will happen and what won't happen. To replace fiat it really needs to pass a long road ahed. Simply because people trust fiat, people know that their money is safe with banks. Imagine some people who come here and because of lack of knowledge they lose their coins, or they haven't kept their private key safe. Imagine their actions and frustrations - with banks if something happen there might be a way for you at least in some sums of money that your money is lets say "safe". But here without middleman some people are finding it even harder to manage their finances. There really have to pass long time if we even see this flipping fiat to crypto

While I definitely agree with your post, I still must point out that there are more trivial causes which hinder further adoption of crypto in the financial world. Crypto is still not on par with fiat even on purely technical grounds. While Bitcoin is slow and expensive, some altcoins are fast and cheap transaction-wise, but we don't really know how good they will be under real stress and heavy load, and whether they won't turn into another freakishly slow Bitcoin.

The funny thing that even in cryptoworld there are a lot of cryptocurrencies and we should to chose to which one to be loyal. The world will be divided in all time. That’s the common tradition of human global community.

No, never... even in the mere future I really don't think that, that was possible. If the world is divided into several countries with the government who controls them and have their own currency, how could it be possible to have only one currency? If the currency is centralized then maybe that was quite possible but if it is decentralized, that was not possible at all. It's like asking a question as to when will be the exact time for our whole world to unite and have peace.  ;D

First, there always would exist at least few currencies at time, second, definitely not bitcoin, he is not good for this, even now you can see a lot of good alternatives.

I think it's really possible. Bitcoin is one of the few ways that can really connect the world. It will be very convenient.

i think we will still need cash(physical) currency also

I think that bitcoin won't become the only  one currency that can use as a mode of payment in the whole world. It's impossible. 

globally it will be very useful for internation trading and cooperation, but it  is  unreal now and I dont know what must happend in the world to make it true

I doubt that. Althrough we use Bitcoin to buy pretty much any other coin, I think Bitcoin is by far the favorite candidate when it comes to global usability. There are other coins that deserve that spot.

At least all the world will come to one platform, they will use bitcoin globally, although so many other altcoins will also be there, but still bitcoin will remain as number one and for all the people bitcoin will be the first choice to use for different purposes.

I don't think there will ever be a global consensus on bitcoin and it's network because we almost wake up everyday to meet one fork or the other and many are doing their own thing instead of supporting the core devs and so these differences makes it difficult for the entire world to settle on bitcoin as their currency.

No it will not, on the contrary, the number of currencies will increase.

Even now Bitcoin connect people from all over the world, because there are no boundaries for Bitcoin

maybe, we do not know, what will happen in the future
but if imagine, bitcoin into world currency, I think that is impossible, you try to imagine, when you take a taxi, pay, bisokop ticket, buy soft drinks, how much transaction cost you spend, except one bitcoin free in delivery

Bitcoin can be said as the most widely used digital currency because it has a popularity and a very high level of trust compared to other digital currencies. Altcoin also is a fairly digitized digital currency, but now Altcoin still can not beat Bitcoin as the most commonly used digital currency. So it's normal when almost everyone in the world uses Bitcoin as a tool of financial transactions compared to Altcoin.

I think it is plausible but then again I do not think governments worldwide will subscribe to this because it will do harm to the level of control they desire. This may also cause chaos especially so that there will only be one currency to look after. Criminals may use this heavily to propagate their illegal causes because they can conveniently make a copy of this concerning the lax circulation of the same currency worldwide. Sovereign States will have no edge over the other when it comes to controlling the circulation of money thus doing harm to their respective national economies. If this happens, I see control in ONE State alone because that State (and all others) would necessarily create measures that will bind ALL States to an international agreement as regards the rules in the circulation of currency. So you see, it is plausible but it will definitely bring about too much political agenda.

I do not think cryptocurrencies will make banknotes disappear. Cryptocurrencies are virtual currencies. Depending on the network, banknotes can be traded without the need of a network. The use of banknotes is still very extensive. Cryptocurrencies have some flaws that need to be improved.

it is impossible, this is the same imposing 1 belief on the whole world
bitcoin will still exist, but not for world currencies, bitcoin is more suitable for investment

I think bitcoin can not be the only currency in the world, but it is still possible as a global payment currency. After all, digital development has no boundaries.

I think it is impossible. We cannot have one currency for all the countries in the world. In addition to that, not all people in the world dont have an idea about bitcoin and cryptocurrencies thats why they cannot use it. We cannot have one currency because not all people are the same and also not all people have the knowledge about bitcoin.

For me I don't believe that bitcoin will become the only one currency that can use as a mode of payment in the whole world because bitcoin is now slowly falling and some part in whole world are also banned in using bitcoin. Bitcoin is still not welcomed everywhere in the world so it is still impossible to be One currency One world.

Definitely no, in a first place bitcoin has no physical appearance and not all the people know the existence of bitcoin, without internet connection we cannot used bitcoin so it is impossible for bitcoin to be come the only currency.I think bitcoin is the another way of making transaction that can be benefit on it.

No i dont. That will never happen . every country has rules. every continent has regulation.
so it is very unlikely to compare the existing financial in America with the finance of the state of Indonesia (my country) its impossible .

I don't know about this because we are not live in the same country and we have a different culture and I think every country will not use the same currency. but if in the future, all country has urgent situations which makes we all united in one federation then it could be possible because there will be no more difference for every people. for now, we are divided by many factors and I think it is difficult to see only one currency in the world although it is could possible.

I think not, the currency must be stable, because other commodities are denominated in currencies, such as bitcoin 30% fluctuations in the day, last week spent a BTC to buy an iphone, this week, consumers find BTC prices rose immediately asked to return if bitcoin Fell 30%, then the business on the loss, the ups and downs are traded at a loss business is unable to price.

it will be very difficult to unify the currency into a single currency.
many country across the world have a different regulations.
but if a single currency is going to use in the world, bitcoin is the best

It is good that bitcoin will become the only currency that can be used on which is enable us to make a faster transaction and we can be earn a money just by holding it but, there is a rules in every country that makes it hard to implement because every government have a different plan in their country so that they can increase there economy and help their citizen.

I'm not too sure, because it has not happened yet. but in the future, crypto will be adopted in many countries for one and the same reason. the era of digital technology is increasingly sophisticated, and inevitably a country should be involved because of the development of the era.

If this going to happen in the future, the unity of the world is possible. Its like a common language use by everyone that make them understand each other. Just like other dollar, we can use it everywhere as a basic means of exchange. If bitcoin will consider as universal payment, i guess people should be involve in knowing atleast the basic of bitcoin and how it is processing. Also, we need a worldwide internet connection to be able to access in bitcoin to use it as a payment.

I think there is no currency even bitcoin or ethereum or even your Cardano which would be a revolution over fiat. Reason is simple and that is the decentralized nature. It is not excluded that this will be bitcoin, but for some reason it seems to me that this will be another crypto currency, which one, I can not yet say. Bitcoin is too unstable, like any crypto currency, so the dollar will be replaced by a currency that will have a stable exchange rate.

It cannot happen. Bitcoin is considered a big threat for some countries.Bitcoin has quite few bad things ifself such as slow transaction and no information inside like ethereum.

I think it is impossible to have just one currency in the whole wide world.I think, one of the ways that bitcoin can master the world is trying to get through that challenge. so, not easy. moreover today many people leave bitcoin. and bitcoins should try to restore their smiles. and I'm sure bitcoin will rule the world

Bitcoin is growing up in the past few years. It is too early to think it will replace the status of legal tender. I think you have a good point with that in that case we need two currency that we can use in online which is bitcoin and one currency of bitcoin too but this time in coins that we can use it for offline transaction in the future.

I do not think it would be possible. They have their currency in every country.

bitcoin or other digital currency will not be accepted in all countries. In some countries bitcoin has been banned. So the chances of a currency in the world will be very low or not possible.

It has it's benefits and flaws. Implementation of only one currency requires much effort and time. It is unprecedented to have one currency in the world and thus it would require many changes in the local/global infrastructure.

Bitcoin is to volatile to be a world currency but Bitcoin is the father of all the coins wich will crack down the banking system wich is getting rich richer and the poor poorer by "stealing"money from the government.

When you apply for a mortgage the banks get the money almost for free from the government and they charge you 2 -5% anual for long term based.
But the problem is that the government has get these money from you again because these money is funded from the taxes you pay.

When the bears stop to sell bitcoins and bitcoin is not manipulated by the future exchanges than it will become stronger and stronger.

That will only happen if all countries let cryptocurrency in to their countries, but as long as there are coutries who banned cryptocurrency it wont be possible.

No. It is impossible for bitcoin to be THE only one. It can be one mode of payment but negating the individual currencies for each country is improbable in any future. You will have to have one government for the world for this to happen.

It should be said that a currency of a country, I think each country has its own legal currency at the same time, accept bitcoin, that is the most perfect.

The question would be, do you trust the leader of Jemen with printing your money?

Governments exist because they can print money. if they could not, they would go bankrupt.

Theoretically yes.

If we all agree to live in peace and believe in the same spaghetti monster. And we agree that generating wealth just for the sake of being wealthy will be punishable with death, yes this could be possible.

once upon a time the world was soo hard to access, each nation existed on its own, with time as we learned to sail the seas trade routes developed and we became able to trade with one another. the years passed by and one day planes were invented and the world became even more accessible then cam the internet and borders no longer meant anything information was accessible by anyone anywhere, push forward to todys world where companies are no longer defined by geographical boundaries. globalization is a real thing and its happening, your Macbook you bought in Australia made by an American company by Chinese hands using parts from all across the globe.  One world one currency has been a dream for many and would probably be benificial for all of us, the question is not "is it possible" the real question is "When?"....

If use bitcoin around the world, we will get many way to business and invest. So I think one world for should become one currency. It will be bitcoin.

As you said, I think the situation you said can not happen. Even if Bitcoin is legal, it is one of the many currencies it can not be the only one. There will be no unique currency in the world.

What a wonderful caption that means one currency,is a one world,if this happen will all of us become united in the name of virtual currency,but this is only impossible because every country have its own traditional currency and different opinion and vision about digital currency and maybe other country would not agree to cryptocurrency become the world digital coin,because its not regulated and while other country have not know  about this cryptocurrency ,because its ran though a internet,and other country is so  far from the technology like  those who belong in third world.

It is true. It is impossible. In such a situation, one central bank would have to be. A huge problem would be currency conversion of everything.

No actually, it is not realistic, we got used to diversity you know, and it is difficult to imagine thing like this, but who knows?! ::)

i think it will be a no, even if you buy something you will need a real money not an digital currencies how ever some of store accept bitcoin as payment but not at all it will be long road for this idea.

yes i agree with you mate.
one currency will be impossible within many different country which has very different thinking.
cryptocurrency specially bitcoin might be exist as online payment but its here not to change the all fiat and become the only one curreny.

I truly believe in bitcoin and in all of its aspect. Knowing how it could change a living I know tgat somehow it could change the way people think. Not in a manner we don't want but in the aspect of living. Sometimes I always think of it as a good thing to aid poverty and of course to be use as a universal transaction for any currency. One world, one currency.

I truly believe in bitcoin and in all of its aspect. Knowing how it could change a living I know tgat somehow it could change the way people think. Not in a manner we don't want but in the aspect of living. Sometimes I always think of it as a good thing to aid poverty and of course to be use as a universal transaction for any currency. One world, one currency.

I think onw currency will be the right solution and I think it will happen very soon.

It will happen if many countries support bitcoin, what if there is still one country that prohibits bitcoin. If to be a means of payment, there must be a law that regulates it.

I do believe that crypto as a whole will become one world wide currency in the future instead of fiat.

I think all types of crypto currency have the same opportunity as bitcoin to become a global currency
But which is still a problem, whether it can all countries in this world receive crypto currency as a legal payment tool?

In the past, I believe Bitcoin will be able to be the world-first currency. However, due to how human works for the past thousand years, I do not believe there is going to be any world-first currency. Humans like to compete and some countries may (or have already) ban the use of Bitcoin.

Even paypal who exist longer than bitcoin but not as world currency yet.
Bitcoin is to young become a world currency so its too early to speak world currency regarding bitcoin.
I dont think any currency can claim its a world currency without legalize from all country.

With the rapid technological advances definitely allow bitcoin to be used as a means of payment in the future and an increasing number of enthusiasts who at any time appear to make bitcoin will be easy to grow very quickly.

The Bitcoin does not care about being global. Assumptions are good but we love decentralization so it is impossible for academically trained people to swallow the product of Computer Science as simple as that.

Bitcoin will never become the new currency and the only mode of payment in the world. Many countries are still resisting to the idea of Bitcoin. First world countries may adapt to the changes in the digital word but those third world countries may find it difficult to go on with Bitcoin. Bitcoin still have many challenges to face and issues that need to be solved. Establishment can't even afford to pay the high transaction fees.

no because of very high fee

Bitcoin is real money and bitcoin is a universal currency that's why bitcoin is accepted in all country in the world but you talk about bitcoin will be the only one currency that are using  by all  country I think its impossible maybe bitcoin is the alternative money of all country but they are also contenue using their respective money and they distinguish because of its money.

I do not think this will ever happen. Even if it is more effective and efficient altcoin. Power, greed and pride will be factors for this. Even with un they cannot see eye to eye. How much more a currency they did not come up with and cannot control

No, I don't think so. We have different governments (and laws) running each of our countries and there is no way they're gonna let a single currency to be used as mode of payment, much less a decentralized one which they cannot control. They can regulate it but I don't see it becoming a universal currency to replace all of fiat currencies around the world. The government will rather make their own cryptocurrency if that will be the case.

I think it is not easy and impossible for the world to relies on one currency and the bitcoin is the digital currency So it is difficult for the developing and less developed countries of the world. Bitcoin is good for us and those who have some knowledge of the crypto they can invest i these currencies for the future.

I think one currency across the world is really impossible. the standards of all currency are not the same.

For me I do not really believe it for now but I like that to happen. But before that to happen I like Bitcoin to fix everything. Make transaction fee lower. Transaction will be faster with the same amount of fee. More ATM's for Bitcoin and it will be legalized anywhere in the world. How can it be a future currency when it's still banned in some part of the world.
Imagine a future which is paperless? Don't have any cash to bring. Just bring your cellphone or just log-in your account and pay in just one click. Awesome. 

It is really possible to happen in the future because everything in this world is changing to adapt and so the currency also. Bitcoin has the power to become the only currency to be used in the future because bitcoin is so popular and influential globally. Bitcoin has the characteristic to become the father of the new currency. Bitcoin is the only digital coin to reach a 10k USD value. Bitcoin has no limit if you just believe in the power and its potential.

No, it will be impossible that Bitcoin will become the only currency than can be use as a mode of payment. Physical money would still be the main currency to use. The world will not get away from physical money because it is the basis of each nation in controlling their economy. Also, bitcoin is not regulated nor control and even the transaction fees are really high. I still believe that Bitcoin shall remain as an asset rather than a currency.,

so much stupidity in this forum

no there will never be a single currency worldwide, controlled by a single instance, and even if it cant be imposed on the world without violence, people will always try to resist.

the us dollar that is currency globally accepted only has such wide spread because american military soldiers, are still listening on US dollar funded propaganda, and the elites around the gulf that sell the major oil for shipment globally, accept the us dollar for oil.

Hehe ;D Sounds like Illuminati? I'm just kidding. I don't agree because first, many countries are experiencing power outtages so local fiat is still reliable on that situation and second, having different value of money is good for the world's ecosystem.

This is so impossible to happen because we already used to use different kinds of currency in each or every nation and that is why there will be no possibility for the world to have one currency because it is hard to balance the world's economy if we will just depending in one currency, we are good at different currencies and we don't need to have only one.

Nope. It cannot become the only one currency in the world. Bitcoin is great, but there are altcoins that have the bigger potential than BTC. I am talking about Ethereum and NEO. They are faster and offer more possibilities.

Practically introduce a single crypto currency in the whole world as a single form of payment, it is impossible. It's like calling for peace throughout the world. And military conflicts continue to flare up in one place or in another place. A single crypto currency in the whole world actually means the unification of the economies of all countries into one single global global economy. It is impossible to do this in the near future. In each country there are economic interests and contradictions that do not allow it to be done.

Bitcoin is now the most powerful digital coin in the world but I guess the other coins can survive too. We will have more than one

I hope that something like this will happen but when i am thinking how we can make it... i'm realizing that many governments will not allow bitcoin replace their currencies.

I believe that one day bitcoin will be the world currency. Although bitcoin is still new, it become most popular cryptocurrency of all time,it is very expensive but it can be divided into 8 decimal places so you cant buy one whole bitcoin then buy a percent of it.

I do not believe that bitcoin has the capacity to absorb most of the economic transactions that take place in the world in its ecosystem, so I think it is time to start leaving behind the ideal of a bitcoin displacing the dominant financial system of today and be satisfied that bitcoin has the ability to survive the arrival of more advanced cryptocurrencies.