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Question: What will be our new world currency? (see image below)  (Voting closed: October 30, 2015, 08:54:50 PM)
US Dollar for another 30+ years - 17 (38.6%)
China yuan - 4 (9.1%)
Russia ruble - 1 (2.3%)
Zimbabwe dollar - 2 (4.5%)
Bitcoin - 18 (40.9%)
Litecoin - 0 (0%)
Gold - 1 (2.3%)
Silver - 1 (2.3%)
Euro - 0 (0%)
Total Voters: 44

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Author Topic: What will be our new world currency?  (Read 18025 times)
gabmen
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October 22, 2016, 01:47:55 PM
 #181

World currency in long time period can be Bitcoin, especially, if many not so developed countries, like India, China etc. will implement it. For this step all countries need Internet network developing. In medium time period of course USD play its role as world currency. Do not forget that many people like paper fiat too, so all paper fiat money is more or less strong.  Wink
yeah I think that the internet would be a very flourishing future later possibly all financial transactions can be accessed and used online.
and you could see today that fewer and fewer people use paper money right ? people prefer to use a credit card, or debit card for shopping at supermarket


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

 
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October 22, 2016, 02:26:50 PM
 #182

Theres a high possibility that Bitcoin is going to be the new world currency and I cant wait to see that happened
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October 22, 2016, 02:49:38 PM
 #183

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

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October 27, 2016, 05:57:39 AM
 #184

World currency in long time period can be Bitcoin, especially, if many not so developed countries, like India, China etc. will implement it. For this step all countries need Internet network developing. In medium time period of course USD play its role as world currency. Do not forget that many people like paper fiat too, so all paper fiat money is more or less strong.  Wink
I think it reached that level it was not easy thing you know ? bitcoin is currently not so well known and very difficult for bitcoin to be able to get the legalization of a one country ? because the government thought bitcoin is a threat to them and their currency ?

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October 30, 2016, 02:54:16 PM
 #185

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

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October 30, 2016, 03:13:18 PM
 #186

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

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

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October 31, 2016, 01:21:14 PM
 #187

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

Indeed. Bitcoin will remain in the future but I believe that it may take time to be legalized and consider it as a new world currency. First it should be introduced to each country and yeah there will be a lot of debate and discussions to attend to before it reaches its goal. For now, USD will still be the top world  currency.
We could dream of making bitcoin legalized but I am losing my hope to that as since we are making bitcoin increase its price, the government should have make the right move to legalize bitcoin as it has a great amount of money circulated online specifically in the crypto world, but seems I do not hear any news regarding that.

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October 31, 2016, 05:28:20 PM
 #188

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

Indeed. Bitcoin will remain in the future but I believe that it may take time to be legalized and consider it as a new world currency. First it should be introduced to each country and yeah there will be a lot of debate and discussions to attend to before it reaches its goal. For now, USD will still be the top world  currency.
We could dream of making bitcoin legalized but I am losing my hope to that as since we are making bitcoin increase its price, the government should have make the right move to legalize bitcoin as it has a great amount of money circulated online specifically in the crypto world, but seems I do not hear any news regarding that.

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

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October 31, 2016, 07:55:38 PM
 #189

I do believe bitcoin has huge potencial and will grow a lot on the next 30 years, the question i cant reply is if bitcoin will be new world currency or will keep the same situation as now, without any rules over it, and with full freedom.
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November 01, 2016, 05:42:20 AM
 #190

I really hope that bitcoin will be the answer, it will be cool if in the future we will adopt digital currency, unfortunately there is still so many obstacle to achieve that, i think dollar will still become world currency the most make sense currency to replace dollar will be yuan, because china economic growth is really good
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November 01, 2016, 09:06:22 AM
 #191

bitcoin is still cheap, if you take the figure, 1 bitcoin = 100,000,000 satoshi and 1 bitcoin = 729 USD then 100,000,000 satoshi =  729 USD; this means 1 satoshi equals 0.00000729 USD or 0.000729 cents.  Now tell me if bitcoin is expensive  Cheesy .  I can say that it is impossible for bitcoin to be the main currency of the world, it will always fall to alternative category in my opinion.
You just went from 1 Bitcoin to 1 satoshi. 1 Satoshi is the smallest unit of bitcoin. Of course it will not cost that much. So yes, bitcoin is still expensive. 1 satoshi will of course never be. 1 satoshi basically doesn't have value at all in this world.

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

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virasisog
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November 01, 2016, 09:20:13 AM
 #192

I dont think it will be bitcoins because i think bitcoins will remain as it is alteenative currency to use especially online. But there still a chance of bitcoin to become a world currency is ita price will be over as US dollars .if i am not mistaken bitcoin only varies with US Dollars from now and then.
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November 02, 2016, 04:09:15 AM
 #193

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



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RoommateAgreement
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November 02, 2016, 04:54:04 AM
 #194

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

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

Buying the dip...
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November 02, 2016, 05:31:29 AM
 #195

we have all different currency in each country we do not know what would be the world currency, if you think bitcoin i think it is not be world currency because not all people are using it even dollar or any currency.
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November 02, 2016, 05:51:18 AM
 #196

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

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November 02, 2016, 06:22:43 AM
 #197

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

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

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November 02, 2016, 10:08:10 AM
 #198

As a crypto currency, Bitcoin will be one, and i believe on it, that bitcoin will be one in future, But as a fiat currency, USD is always one and also in future it will be one, because it is a International currency, which we can use it in other countries and also they recognized it in all over the world, I don't think any fiat currency is here, which we can use it in all over the world except dollar. Price and Value up and down, it doesn't matter, Bitcoin in crypto and Dollar in fiat both are first currencies in own places.     
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November 02, 2016, 10:16:26 AM
 #199


this is only bitcoin  , Because bitcoin is more simple and easy to handle and very low transaction charge .
but in doller there is also only small charge but we have no simple method to fiat convert from one currency to another .
in bitcoin we can simply convert btc into fiat just by only at 1% at lbc .
so bitcoin will be better then doller .
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December 08, 2016, 09:16:29 AM
 #200


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

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