Do you think Bitcoin will lead the world currency market??

[Abiky]

I think Bitcoin's market cap will always stay very high as it's very cool method of wealth transfer, its also currency which has no limits, no national control etc. This is why I think people will never stop demanding Bitcoin. If option was given and Bitcoin was regulated I would rather use Bitcoin instead of USD because i don't wanna pay huge amounts of money to banks that sell USD to me in very high rates compared to real markets. Bitcoin can become one world's top 3 currencies with USD and Euro in my opinion.

Bitcoin will be the leading cryptocurrency of the decentralized Blockchain world, but it will never replace Fiat because of the way it was designed. This shouldn't be a reason of concern, as long as Bitcoin does the job it's supposed to do (which is to bring financial freedom to the world). It's been going strong for nearly 14 years now, so I'm certain it will last a lifetime.

Maybe someday world governments will add Bitcoin to their reserves just like they've been doing with Gold today? If that happens, BTC will "explode" in market prices. As long as you don't invest more than what you can't afford to lose, there should be nothing to worry about. Just my thoughts

[Gallar]

US dollar is the world accepted currency and can be used as a medium of exchange.  In the crypto world, Bitcoin is the most popular and the highest accepted currency with greater value. Different countries have permitted bitcoin for transaction and many of them are thinking so and will eventually do so. Its acceptance is gradually increasing day by day. Do you think bitcoin will be the leader of the world’s currency market like US dollar in the future?

bitcoin is now in the middle of the road to get closer to the peak of its success.
the name bitcoin is now worldwide, many of the richest people in the world are investing in bitcoin, and there are already countries that make bitcoin a currency, for example, like el Salvador.

if you look there now bitcoin continues to increase in terms of investors and in terms of support.
maybe in the next 10 or 15 years bitcoin can be even more advanced than now.

[peter0425]

US dollar is the world accepted currency and can be used as a medium of exchange.  In the crypto world, Bitcoin is the most popular and the highest accepted currency with greater value. Different countries have permitted bitcoin for transaction and many of them are thinking so and will eventually do so. Its acceptance is gradually increasing day by day. Do you think bitcoin will be the leader of the world’s currency market like US dollar in the future?

I don't see the reason why there is a need for leadership in currency world when the service is what we need from those? I mean even whatever coins this is either currency in fiat or crypto , but as long as this brings help and usage in the people? it doesn't matter who will be i use.
bitcoin or dollar ? it doesn't matter as long as i can use to pay bills and bring me some good return in the future.

[cozytrade]

Do you think bitcoin will be the leader of the world’s currency market like US dollar in the future?

Bitcoin is already lead the crypto industry but to taking the the place of Us dollar It is very difficult to say how much time it will take.  But it is not impossible, in the future cryptocurrency will definitely be used as an alternative to the current currency, then Bitcoin will show its strength.

I think Bitcoin will replace US dollar in few years. As the demand of Bitcoin is increasing day by day and Bitcoin will be used as an alternative to current currency in few years. It will take about 5 to 7 years I guess.  But if Bitcoin can take the place of US dollar, I can't estimate how many times the price of Bitcoin will increase. I am looking forward to when I can pay all my daily expenses with Bitcoin.

[coinremitter]

Defiantly, cryptocurrency is ruling the market. I find crypto is the safest currency because neither you loose it nor anyone will robe it! Also cryptocurrency payment getaways charges the lowest fees on transaction so people will save more. I find it so attractive and Bitcoin is the top cryptocurrency so it is very obvious that Bitcoin will lead the world currency market.

[FahriZah]

Why Not? We Know Crypto Currency Is World Of Biggest Currencies And All Coin Of Mother That's Name Of Bitcoin. Without Bitcoin Crypto Currency Market Is Not Valuable BECAUSE First Need To Mother's And Than Thinking About Son's. And I Thinking Crypto Currency Bitcoin Next Generation Leading Market At Crypto Currency. Like Now Many People’s Are Using Bank Account,Paypal,Skrill,Neteller Etc. There Will Come A Time When Everyone Will Use Bitcoin.

[Inwestour]

I don't see the reason why there is a need for leadership in currency world when the service is what we need from those? I mean even whatever coins this is either currency in fiat or crypto , but as long as this brings help and usage in the people? it doesn't matter who will be i use.
bitcoin or dollar ? it doesn't matter as long as i can use to pay bills and bring me some good return in the future.

But at the moment you are not using bitcoin for payment, at the moment you are using the dollar to pay, right? So for you there is a difference than to pay for goods and services. And you most likely use bitcoin now as an investment, because you expect it to rise in price in the future and you will make a profit. Therefore, there is always a difference, especially since now we do not have the opportunity to pay in bitcoin wherever we need it, so we will need some time for adoption.

[posi]

Maybe someday world governments will add Bitcoin to their reserves just like they've been doing with Gold today?

This is also what I used to think, bitcoin will become an asset like gold and will be the choice in the budget reserves of countries. But even if that happens, it will never be able to replace fiat, the government will never let that happen. Given the speed of the world, it is certain that the fiat system will be upgraded, but it will still be a centralized and government-run system. There can't be a decentralized asset like bitcoin that can replace existing fiat.

[Abiky]

This is also what I used to think, bitcoin will become an asset like gold and will be the choice in the budget reserves of countries. But even if that happens, it will never be able to replace fiat, the government will never let that happen. Given the speed of the world, it is certain that the fiat system will be upgraded, but it will still be a centralized and government-run system. There can't be a decentralized asset like bitcoin that can replace existing fiat.

Governments always want control/power over the mainstream economy, so they will reject Bitcoin in every way possible. Of course, that doesn't mean they won't add BTC to their balance sheet like they've been doing with Gold a long time ago. What it means is that governments won't let BTC replace Fiat for their own convenience. This shouldn't be a reason of concern, especially when BTC is decentralized. You can't replace centralization with decentralization or vice-versa.

I'm fine with Bitcoin just the way it is, as long as people achieve true financial freedom. In the future, BTC will live alongside existing Fiat currencies and even precious metals for generations. People will get to decide which currency/asset to use depending on their needs. Who knows if almost everyone in the world gets to "own" some Bitcoin in the future? Just my thoughts