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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)
serjent05
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March 22, 2017, 03:39:03 PM
 #381

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.

As much as I love to see Bitcoin as the new worlds'currency, i think it is quite impossible.  Bitcoin is not fit to be regulated, so that automatically turned off governments who wants to control everything.  As to be the world currency authority must acknowledged it.
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March 22, 2017, 03:41:09 PM
 #382

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.
Bitcoin has many problems which can not be solved either now or in the future. I like Bitcoin but I do not expect that it will become the world currency. I respect Bitcoin and what satoshi did to make the world better. However, there are still many potential coins out there which are based on Bitcoin and even better. Therefore, I think Ethereum or zcash will become the best





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asriloni
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March 22, 2017, 03:57:01 PM
 #383

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.
Bitcoin is still the youngest currency right now with low adoption and demand. But I don't think so about the international one because too many the homework for the bitcoin itself to passing every government securities.

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March 22, 2017, 04:25:04 PM
 #384



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

I have nothing against Bitcoin eventually becoming a new world currency

But I disagree that we shouldn't consider major currencies (like those pictured in your post) as global. Otherwise, the whole idea of a global currency loses its meaning and thus the term itself becomes meaningless and irrelevant. More specifically, we should judge something as a global currency not by the place of its issuance (or whether it is centralized or decentralized) but by how widespread it is, i.e. in how many countries it is accepted. And according to this metric, the US dollar cuts it pretty well as a global currency (and Bitcoin too, just for the record)

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March 23, 2017, 07:53:51 AM
 #385

[i mg]https://i.imgur.com/DseMDvi.png[/img]

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

I have nothing against Bitcoin eventually becoming a new world currency

But I disagree that we shouldn't consider major currencies (like those pictured in your post) as global. Otherwise, the whole idea of a global currency loses its meaning and thus the term itself becomes meaningless and irrelevant. More specifically, we should judge something as a global currency not by the place of its issuance (or whether it is centralized or decentralized) but by how widespread it is, i.e. in how many countries it is accepted. And according to this metric, the US dollar cuts it pretty well as a global currency (and Bitcoin too, just for the record)
I agree, bitcoin can only be used as a new world currency if it proves to be speeded all around the globe and how much people are accepting it, in other words where ever you go around the world you should always be able to use bitcoin at any shop and at any hotel, the current value of bitcoin transaction compared to the us dollar is still really low and for that to change bitcoin has to become a major payment method.
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March 26, 2017, 09:19:57 AM
 #386

My wish of course is bitcoin will become the new world currency, but the reality happened was now is that Dollar, Euro, and Bitcoin are very popular internationally and still Dollar is leading the race. Those currency  are being used electronically as payment. But what the good thing in bitcoin was the volatility and decentralization compare to Dollars and Europe.  Meaning there is a chance the bitcoin can be the new world currency in the future.
ananas99
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March 26, 2017, 02:47:44 PM
 #387

My wish of course is bitcoin will become the new world currency, but the reality happened was now is that Dollar, Euro, and Bitcoin are very popular internationally and still Dollar is leading the race. Those currency  are being used electronically as payment. But what the good thing in bitcoin was the volatility and decentralization compare to Dollars and Europe.  Meaning there is a chance the bitcoin can be the new world currency in the future.
Even if the euro can not overtake the dollar, bitcoin can not do this. And the thing is that bitcoin will not have enough popularity. Many people will not be able to understand and take advantage of bitcoin for everyday life. For most of humanity this will be difficult. We ourselves know that bitcoin is not a simple matter.


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