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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)
Carlsen
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December 08, 2016, 09:42:17 AM
 #201

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

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December 08, 2016, 10:51:06 AM
 #202

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

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machinek20
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December 08, 2016, 12:54:43 PM
 #203

Yuan got the opportunity to become the world currency because china got a high economic growth, but the growth still cant beat out dollar, it is going to be a dollar for another 30 years, because most of the investor or traders already familiar with dollar, bitcoin still cant compete to become world currency becaue of the limited amount
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December 08, 2016, 01:36:03 PM
 #204

Ofcourse it would be bitcoin we got the big opportunity in bitcoin by doing tradings and investments bitcoin is already grow community and every one can use this currency enocomy is high right now even india are using bitcoin for tradings. Maybe in year 2020 bitcoin will be the world currency.
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December 08, 2016, 02:25:13 PM
 #205

Well, US Dollar still popular and still the best currency such poundsterling and euro, i think this 3 main money will keep the best. For bitcoin, it can be our new world currency though. but we need to motivate other people to use bitcoin.
lol3c
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December 08, 2016, 03:10:47 PM
 #206

Well, US Dollar still popular and still the best currency such poundsterling and euro, i think this 3 main money will keep the best. For bitcoin, it can be our new world currency though. but we need to motivate other people to use bitcoin.
Yeah, there is no doubt that US Dollar is till the world currency for at least 30 years later. Bitcoin need to do many things to prove that it can be able to replace USD in the future. Now, bitcoin supporters have to work with 100% efforts in order to increase Bitcoin reputation and introduce it to many other people.
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December 08, 2016, 04:13:14 PM
 #207

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

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

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

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praboso96
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December 08, 2016, 08:57:42 PM
 #208

I'm sure that soon the Chinese national currency will strengthen its position and become very popular. Not sure it will be the world currency, but the significance in the society will be greater
Bitcoin0916
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December 09, 2016, 01:23:12 AM
 #209

I'm sure that soon the Chinese national currency will strengthen its position and become very popular. Not sure it will be the world currency, but the significance in the society will be greater
Indeed it's been replacing Yen in the third position of the largest world's currency, I think the position of the Yuan will only be the third, because the Dollar and Euro are hard to slide again. This is because in the last 5 years the Chinese economy showed negative trends.
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December 09, 2016, 10:22:27 AM
 #210

the US dollar has long occupied a leading position. In the near future it will not be able to replace any one currency. Bitcoin too strong, but it is an alternative currency
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December 09, 2016, 10:49:36 AM
 #211

Of course it would be bitcoin, that will be going to be the next currency in the whole world. It is just two months from now when someone introduced bitcoin to me and that is my friend and in that two months I have seen and proved that bitcoin is really awesome. It is fast and every users is anonymous when they are using bitcoin in every transaction that they are going to have. Bitcoin being the new world currency in the future is not impossible. 
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December 09, 2016, 11:25:29 AM
 #212

the US dollar has long occupied a leading position. In the near future it will not be able to replace any one currency. Bitcoin too strong, but it is an alternative currency
Have you seen the chinese RMB which are now trending about they're have strengthen their position and more likely to take over the world most used currency? it's indeed right that dollar had led for a long time but still have the possibilities to be replaced by another currency. nothing last forever

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December 10, 2016, 04:20:59 AM
 #213

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

Some say it will be bitcoin but maybe after 20 years it will be possible. As for now there are no country currency that will replace the US dollars.
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December 10, 2016, 10:56:47 AM
 #214

Suppose that only after next generation people will adopt to use in everyday life bitcoins. Till then, fiat money will dominate as a world currency. Most of the above posts I read talk about US dollar. I would like to ask; Do you believe that Chinese will live in a world dominated by the USD for much longer? What happens if they want RMB to be the dominant currency all over the world? What USA will do?
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December 10, 2016, 01:19:09 PM
 #215

there is no doubt in answer  this question.it will be bitcoins who will totally win the world currency ,but there is also so many  possibilites that ur country might ban the concept of bitcoins and anyone using bitcoins will be executed .this could happen and there is no surprise in this.
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December 10, 2016, 01:23:35 PM
 #216

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

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December 10, 2016, 01:32:10 PM
 #217

Confirms at least 40% of people on this forum are of their rockers. The new world currency will be in the form of a digital microchip. Not Bitcoin lol
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December 11, 2016, 06:54:16 AM
 #218

As a Bitcoin user, I really wish that Bitcoin should be new world currency.Bitcoin is the best currency in the world! 
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December 11, 2016, 12:52:46 PM
 #219

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

The end of the dollar will come suddenly. It has dominated international trade for almost a century now.
With Donald Trump at the helm, the end might come more quickly than you think.  Wink
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December 11, 2016, 01:08:03 PM
 #220

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