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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)
Fatanut
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October 19, 2016, 05:52:30 AM
 #161

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

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Galer
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October 19, 2016, 07:01:56 AM
 #162

For the following years, dollars would be the main currency but after people have adapt the computer age, we will start having more and more people that are interested in using Bitcoins. A lot of people wants to see a cashless world because the government is abusing the power of fiat money. I think in the far far future, Bitcoin will finally take over and all those useless paper money will just be part of our past.
Bitcoin is the futuristic currency that adapters used and if all peoples know about bitcoin,Bitcoin is soon to be the new currency that people can used in their daily transactions.
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October 20, 2016, 02:06:18 AM
 #163

For the following years, dollars would be the main currency but after people have adapt the computer age, we will start having more and more people that are interested in using Bitcoins. A lot of people wants to see a cashless world because the government is abusing the power of fiat money. I think in the far far future, Bitcoin will finally take over and all those useless paper money will just be part of our past.
Bitcoin is the futuristic currency that adapters used and if all peoples know about bitcoin,Bitcoin is soon to be the new currency that people can used in their daily transactions.
I agree about that but I am not too positive that majority of people will use bitcoin for online transaction, there are still issues that needs to be resolve and for sure not all people are willing to risk their money transacting online in a anonymous way. Most prefer to be known so in times there is a compromise or problem it can easily be resolve.

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October 20, 2016, 10:22:17 AM
 #164

For the following years, dollars would be the main currency but after people have adapt the computer age, we will start having more and more people that are interested in using Bitcoins. A lot of people wants to see a cashless world because the government is abusing the power of fiat money. I think in the far far future, Bitcoin will finally take over and all those useless paper money will just be part of our past.
It is true that the government is abusing the control of fiat currency so many people will prefer digital cashless transaction. But because many people are yet to know about the existance of bitcoin, there is still challenge in that regard. One other problem is that bitcoin's physical shop usage is not that much convenient and affordable, hence people will be a kind of skeptical about. Even as at that it is still okay.
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October 20, 2016, 10:38:14 AM
 #165

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

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October 20, 2016, 12:50:46 PM
 #166

I think the US dollar will remain the world's currency. Because if bitcoin be a world currency is still not fit my taste. Because bitcoin prices always fluctuate so that it would create economic imbalances. There are many factors to consider if you want to use bitcoin as a world currency.
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October 20, 2016, 01:52:00 PM
 #167

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

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

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satdas
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October 20, 2016, 08:26:24 PM
 #168

as you can see that in present time USD is the most popular and stable currency of the world and therefore it is the world number one fiat currency, but as the interest of the new generation is now changing to online buying, selling, shopping and trafers, therefore their thinking about currency is also changing and now they are giving preference to bitcoin as bitcoin is the world number one crypto currency.
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October 20, 2016, 08:33:39 PM
 #169

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

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October 20, 2016, 08:50:59 PM
 #170

as you can see that in present time USD is the most popular and stable currency of the world and therefore it is the world number one fiat currency, but as the interest of the new generation is now changing to online buying, selling, shopping and trafers, therefore their thinking about currency is also changing and now they are giving preference to bitcoin as bitcoin is the world number one crypto currency.
Bitcoin still good as alternative for usd.. and i think it can be the best crypto currency in the world and can be the best online payment processor online in the future for now there is few stores online that can accept bitcoin as payment..

Make crypto as your bank.
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October 21, 2016, 06:16:33 AM
Last edit: October 21, 2016, 06:19:35 PM by satdas
 #171

in present time as we can see that US Dollar is one the most stable and popular currency of the world and most of the countries economy is depending on it,  but as the new generation are interested in online trading therefore they need a digital currency which will be more convenient for them to use, therefore i think bitcoin is the best option with them and hope that bitcoin will be the new currency of world currency.
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October 21, 2016, 07:53:45 AM
 #172

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

That's true. Bitcoin needs to travel long to become a world currency. Right now US dollar is very strong as a world currency due to its increased acceptance as well the stable value. In my view bitcoin is very young to get recognized as a world currency. Soon after years due to continuous adoption and the digitalization of world things could change.
Yes US dollar is very strong and has a very good stability and even continue to increase. To be a world currency bitcoin should be accepted as a fiat in one of the countries that want to accept it, and also must have a form to determine nominal. Very difficult that happens, the most important I think bitcoin known to many people and continues to grow.
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October 21, 2016, 08:00:27 AM
 #173

As of now, Usd is still the currency that is popular in
every country. Bitcoin is a long way to become the
new  world currency, as we all know not everyone
can easily adopt bitcoin and finds hard to use bitcoin.
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October 21, 2016, 08:43:48 AM
 #174

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
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October 21, 2016, 09:09:20 AM
 #175

As of now, Usd is still the currency that is popular in
every country. Bitcoin is a long way to become the
new  world currency, as we all know not everyone
can easily adopt bitcoin and finds hard to use bitcoin.
and it can be said that the dollar is the international currency because most international transactions in dollars and the exchange rate dolar
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October 21, 2016, 09:17:19 AM
 #176

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

Yup I can confirm I'm one of those people that likes paper money  Smiley I'll be the first to admit that it's not efficient (in the sense that it's not practical to carry large sums around) but digital money or even plastic don't come close to the feel of a semi-thick wad of bills Grin Plus I love the smell of new bills, plastic and digital money are so boring in that regard. Also paper money is as close as you'll ever get to true anonymity.
That doesn't mean that I'm against digital money, I just wouldn't mind having paper money around for a little longer.
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October 21, 2016, 12:33:34 PM
 #177

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

Yup I can confirm I'm one of those people that likes paper money  Smiley I'll be the first to admit that it's not efficient (in the sense that it's not practical to carry large sums around) but digital money or even plastic don't come close to the feel of a semi-thick wad of bills Grin Plus I love the smell of new bills, plastic and digital money are so boring in that regard. Also paper money is as close as you'll ever get to true anonymity.
That doesn't mean that I'm against digital money, I just wouldn't mind having paper money around for a little longer.
And i think it will be around for quite a long time still bro. I don't think we'd be able to see it being replaced during our lifetime. People still would have a hard time adjusting if ever paper money would be replaced and a lot of things must be done first so it would a considerable amount of time if ever it will replaced by digital currencies

 
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October 21, 2016, 12:40:27 PM
 #178

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

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October 21, 2016, 01:55:55 PM
 #179

I think for the next 20 years, dollar will be the world currency.After that, it may be replaced by Euro.I wish Bitcoin should be the world currency, but it will take a lon time to happen.
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October 22, 2016, 12:19:14 PM
 #180

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


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    ▓███`╔███▀ ╓▓███▀▀▀▀▀████╖ ▀███@"███▌   
   ]███▌┌███▌ ▐███         ███▄ ▐███ ▐███,   
   ▐███ ▐███ .███           ███  ███▌ ███▌   
   ▐███ ▐███ '███           ███  ███▌ ███▌   
   ]███@╙███@ ▀██▌        ,▄██▌ ▐███ ▐███`   
    ▓███ ▐███▄ ╙██▀╩     9███╜ ╔███▀,███▌   
     ████,╙███▌               ▓███╜,████     
      ▀███▄ ▀╜                 ▀▀ ▄███▌     
       ╙████▄,                 ╓▄████╜       
         ╙█████▄▄╓,       ,╓▄▄█████▀         
            ▀▀█████████████████▀▀           
                '▀▀▀▀▀▀▀▀▀▀▀'

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