Minimii
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March 13, 2017, 08:58:57 AM |
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Would be really cool too see Bitcoin taking the lead, though I think for myself that we aren't really there yet. Hopefully, that time comes and that's my thoughts about this topic.
Cheers brothers & sisters, stay safe.
Best Regards, Tratten.
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hurain
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March 13, 2017, 09:14:06 PM |
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For the time being, it's going to be the dollar.Bitcoin is a bit too niche to be the currency of the world. However, the future currency of the world will probably be an online one similar to bitcoin, because more and more people are just using cards and not physical dollars anyway. I hope in next 5 years bitcoin can be new world currency, especially in my country.
there is no doubt that USD is one of the most popular and stable currency of the world, but now the interest of the people is changing from fiat to online currency and therefore they are giving more preference to bitcoin. i think in future bitcoin will be more and more popular as compare to any other fiat currency.
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Hydrogen
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March 13, 2017, 11:32:30 PM |
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If world war 3 happens, I suspect we could be using goats, chickens and cows as currency. Like people did 2,000 years ago. That's what I think about when I see politicians and media telling people they need war with russia, or another country. I don't understand what any of us gain from war.
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Fatanut
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March 14, 2017, 04:41:44 AM |
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If world war 3 happens, I suspect we could be using goats, chickens and cows as currency. Like people did 2,000 years ago. That's what I think about when I see politicians and media telling people they need war with russia, or another country. I don't understand what any of us gain from war. Back in the days, wars are done so a country can conquer another country. I don't think anything has changed at all. Supposed that country x has won the war against country y, then probably they will have access to country y's resources. Thus, country x will have better economy. Often times, a country goes to war not because they want to show dominance or to conquer a country but rather to defend theirs. Lately, there's not been that much war going on. Unlike back in the days where war is just a usual thing and everyone's spending tons of time preparing for an attack.
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Mr.grin
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March 14, 2017, 05:22:01 AM |
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I think that the dollar will remain a glavan currency in the coming years. He is very stable and strong and there is no reason to think that he will lose leadership
for America is still the center of the world economy the dollar will continue to become an international currency in the world. but to begin to use bitcoin see many people in the world maybe it would be a competitor for dollar for sure Well, today the dollar is still superior in terms of international finance, especially after the rejection of bitcoin. yeah, but I think bitcoin has a huge potential to become a new international currency. maybe not now, but in the future.
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HarringtonStark
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March 19, 2017, 03:15:21 PM |
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I'm right, Fiat would just become all digital in the future just like bitcoin but Fiat would be controlled by one world government or governments.
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Pamadar
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March 19, 2017, 03:25:20 PM |
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Now the world currency is the US dollar. If I'm not mistaken, there have already been attempts to create a single world currency - bitcoin. But while it is still not so popular and predictable as the dollar.
US dollar will still dominate the world currency even their would be more attempts to try replacing it, as they already show the world how powerful they are and they really wanted to control in any aspect even the new President got a lots of criticism but still US will not allow any possible thing to happen to removes their dollar as the world well known currency.
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RKen
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March 19, 2017, 03:36:42 PM |
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Now the world currency is the US dollar. If I'm not mistaken, there have already been attempts to create a single world currency - bitcoin. But while it is still not so popular and predictable as the dollar.
US dollar will still dominate the world currency even their would be more attempts to try replacing it, as they already show the world how powerful they are and they really wanted to control in any aspect even the new President got a lots of criticism but still US will not allow any possible thing to happen to removes their dollar as the world well known currency. Yes it is true, for the current USD still dominates the world economy, even in a variety of ways. His power is so strong everywhere. Maybe Bitcoin as digital currency a way to not be in the rule and power.
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TheAlgorithm
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March 19, 2017, 06:18:53 PM |
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Now the world currency is the US dollar. If I'm not mistaken, there have already been attempts to create a single world currency - bitcoin. But while it is still not so popular and predictable as the dollar.
US dollar will still dominate the world currency even their would be more attempts to try replacing it, as they already show the world how powerful they are and they really wanted to control in any aspect even the new President got a lots of criticism but still US will not allow any possible thing to happen to removes their dollar as the world well known currency. But America can't stop people using Bitcoin in all of the other countries in the world, and they don't even seem to feel threatened by Bitcoin, having a reasonably lenient stance to it, so I don't think they would be directly hostile.
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uneng
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March 19, 2017, 06:34:09 PM |
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Now the world currency is the US dollar. If I'm not mistaken, there have already been attempts to create a single world currency - bitcoin. But while it is still not so popular and predictable as the dollar.
US dollar will still dominate the world currency even their would be more attempts to try replacing it, as they already show the world how powerful they are and they really wanted to control in any aspect even the new President got a lots of criticism but still US will not allow any possible thing to happen to removes their dollar as the world well known currency. But America can't stop people using Bitcoin in all of the other countries in the world, and they don't even seem to feel threatened by Bitcoin, having a reasonably lenient stance to it, so I don't think they would be directly hostile. I think also usa has nothing against bitcoin and that is a country which respects individual rights and wishes, they can live very well using dollar and bitcoins together. Each citizen will use the currency he wants and each store will accept the currency it wants. Dollar will continue ruling the world for the nexr decades for sure. Bitcoin is weak yet to be accepted by the majority population parcel.
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mastermold
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March 21, 2017, 06:07:22 AM |
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China definitely has a plan to pass its currency into the reserve currencies basket. Some months ago the Yuan was introduced in the Special Drawing Rights basket by the IMF, which is a further step to a world reserve currency status.
However, in my opinion, a single global currency is a bad idea, and I think the world has already realized it and will come with a basket of more currencies, like Yuan, Euro, Dollar, etc. The USD is maintained only because of the US agreements with the Arab and OPEC countries to sell their oil for USD. Yet, there is nothing fair in this game, and the situation will soon change as the BRICS countries try to go apart.
For thousands of years gold and silver were considered as universal between the nations. However, some groups of people got control of it in the 19th century, and afterwards they renounced the gold standard in favor of fiat money which they also controlled.
Gold reserve is still a sign of stability, and if the government would control it, that would be great for the economic growth. This is why China tries to back its currency by gold.
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TastyChillySauce00
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March 21, 2017, 06:16:12 AM |
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Now the world currency is the US dollar. If I'm not mistaken, there have already been attempts to create a single world currency - bitcoin. But while it is still not so popular and predictable as the dollar.
US dollar will still dominate the world currency even their would be more attempts to try replacing it, as they already show the world how powerful they are and they really wanted to control in any aspect even the new President got a lots of criticism but still US will not allow any possible thing to happen to removes their dollar as the world well known currency. But America can't stop people using Bitcoin in all of the other countries in the world, and they don't even seem to feel threatened by Bitcoin, having a reasonably lenient stance to it, so I don't think they would be directly hostile. If bitcoin is really dangerous that could destroy the US's economy then there's still possibility that the US will force other countries to ban bitcoin. See what's happening to those countries with damn tonnes of oil which are now "touched" by the US? Everything is possible in this world. Not going to judge what US have done but they're really want to hold on the top position of superpower country.
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Finestream
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March 21, 2017, 06:21:18 AM |
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Now the world currency is the US dollar. If I'm not mistaken, there have already been attempts to create a single world currency - bitcoin. But while it is still not so popular and predictable as the dollar.
US dollar will still dominate the world currency even their would be more attempts to try replacing it, as they already show the world how powerful they are and they really wanted to control in any aspect even the new President got a lots of criticism but still US will not allow any possible thing to happen to removes their dollar as the world well known currency. But America can't stop people using Bitcoin in all of the other countries in the world, and they don't even seem to feel threatened by Bitcoin, having a reasonably lenient stance to it, so I don't think they would be directly hostile. If bitcoin is really dangerous that could destroy the US's economy then there's still possibility that the US will force other countries to ban bitcoin. See what's happening to those countries with damn tonnes of oil which are now "touched" by the US? Everything is possible in this world. Not going to judge what US have done but they're really want to hold on the top position of superpower country. Bitcoin was never a threat to a bigger government like US, they are so powerful and they are in control of their own country and even smaller countries. With the current market standing of bitcoin, we know it is not that strong compared to the fiat system yet and everything in order to prosper requires the blessings of the government but the prosper will only be limited to what government has set.
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coynedterm
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March 21, 2017, 06:21:41 AM |
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I think this is only bitcoin Because you can think easily that most of the times the news for the payment is revolving in the world with Bitcoin and with some of another altcoins . So here probably the bitcoin will be king of the more famouse currency to use at worldwide level as an international currency . Here a small confusing thing is that the bitcoin is already get banned in 2-3 countries , Now here we can think that they can remove the ban and will support bitcoin or they will comes against it more
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UCHCHILD
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March 21, 2017, 07:04:30 AM |
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Of course its dollar, its on top of it. We cannot deny the fact that dollar is being use all over the globe and more popular than what we have here the bitcoin. To be the next world currency, I guess non yet the fiat need to prove the power of it like what dollar is providing to each country.
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xypos
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March 21, 2017, 07:12:18 AM |
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These are not real "world currencies". A real world currency would be a currency that isn't controlled by anyone, not even a world government. A currency that is decentralised, accessed by anyone over the internet. The new world currency in my opinion is obviously bitcoin or another cryptocurrency, i can't say which coin will be that for sure as there is increasing competition as well as division inside the bitcoin community. Sure, USD is strong right now. It'll collapse eventually.
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freedomgo
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March 21, 2017, 07:30:23 AM |
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Of course its dollar, its on top of it. We cannot deny the fact that dollar is being use all over the globe and more popular than what we have here the bitcoin. To be the next world currency, I guess non yet the fiat need to prove the power of it like what dollar is providing to each country. For now it's dollar really, there are the biggest currency AFAIK, crypto currencies cannot even compete with some other legal currencies and the the value is not the only basis on how strong a currency is because if we do, it will be bitcoin that is going to be the strongest considering it's value now. What makes a currency stable and strong is based on the number of users and we know dollar has a lot of users not only in it's own country but with some countries as well.
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Qunenin
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March 21, 2017, 08:05:16 AM |
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For the time being, it's going to be the dollar.Bitcoin is a bit too niche to be the currency of the world. However, the future currency of the world will probably be an online one similar to bitcoin, because more and more people are just using cards and not physical dollars anyway. I hope in next 5 years bitcoin can be new world currency, especially in my country.
US Dollar will remain the world currency until any other country manages to do so. This scenario is difficult to manifest in near future. USA will do all necessary thing to keep that power with them. Bitcoin has very low chance of winning the race here. Exactly, especially bitcoin is not yet decades in the industry it takes more years to be currency and most especially to be an INTERNATIONAL one, we do not take away the possibility of being top of it but the capability of bitcoin is not enough to raise its own flag.
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varyspro
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March 21, 2017, 11:28:27 AM |
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For the time being, it's going to be the dollar.Bitcoin is a bit too niche to be the currency of the world. However, the future currency of the world will probably be an online one similar to bitcoin, because more and more people are just using cards and not physical dollars anyway. I hope in next 5 years bitcoin can be new world currency, especially in my country.
US Dollar will remain the world currency until any other country manages to do so. This scenario is difficult to manifest in near future. USA will do all necessary thing to keep that power with them. Bitcoin has very low chance of winning the race here. Exactly, especially bitcoin is not yet decades in the industry it takes more years to be currency and most especially to be an INTERNATIONAL one, we do not take away the possibility of being top of it but the capability of bitcoin is not enough to raise its own flag. The main problem of bitcoin is that governments of different countries will not accept it. They are afraid of this unmanageable currency. I think that the dollar will remain the main currency for several decades
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blackhawkeye1912
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March 22, 2017, 03:27:34 PM |
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being Bitcoin enthusiast, I am wishing that someday the new world currency will become the bitcoin. I know many of us here are expecting this things to be happen though in reality many people are not aware of this things so far all around the world.
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