Bitcoin is the global currency of Earth

[johnyj]

The speed of light limitation will make it impossible to run between Earth and Mars, so you still need interplanet exchanges for crypto currencies but how would that work with the speed of light limitation in place is still a question, maybe in interplanet exchanges the confirmation time must increase to one  hours or longer. It seems only a quantum coin can do instant information propagation in universe (in science fiction like theory)

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[countryfree]

BTC isn't related to Earth or the Universe. BTC is the global currency of men. If manhood were to disappear, which is definitely a possibility, BTC would disappear as well.

Besides, the US dollar, the Euro, the Chinese or Indian currency all have more than half a billion users. BTC's way behind.

[Hellacopter]

its easily the strongest cryptocurrency valued 450 times more than the US dollar

the first Super currency and  the best store of wealth due to its cryptographic  network strength

Bitcoin is successful crypto currency , and each day it's growing up and used by more big and famous marketplaces and ewallets online, so we expect it will be the first global currency soon

[megatron1337]

Just because its more expensive than USD, doesn't mean its better.

BTC is barely used anywhere at all. Which makes it alot less 'valuable' in my eyes.

I agree that in the global sense, Bitcoin is indeed barely used anywhere. But I'm still able to buy almost anything with Bitcoin, either by paying the merchant directly in Bitcoins or through various gift cards that can be purchased with Bitcoin.

Heck, there are even a number of bars in my home city where I can pay with Bitcoin. Given that Bitcoin is still extremely new, I'd say it's doing pretty good in terms of adoption by merchants.

In Montreal we have a few atm machines but no bars that accept bitcoin.  Which city are you from? 

[Blawpaw]

As the world is turning into one big city there is the need to have a standardized means of exchange. Bitcoin as accomplished just that. It might not be the one that sticks around, but, at least the concept as born.

[enhu]

BTC is barely used anywhere but in the internet and the good thing is everyone uses the cloud so its possible. No one can stop bitcoin even the government. Not unlike they can kill us all.
Gold-money of Gaddafi  was stopped which could have devastated USD thus theories about why he was purposely eliminated.

[countryfree]

BTC isn't related to Earth or the Universe. BTC is the global currency of men. If mankind were to disappear, which is definitely a possibility, BTC would disappear as well.

Besides, the US dollar, the Euro, the Chinese or Indian currency all have more than half a billion users. BTC's way behind.

[Klestin]

I hate to say this, but Bitcoin is too small overall in order for it to be the currency of -whatever-. And I don't mean small as in user base, I mean the divisions are too small.

As it stands, if every satoshi was worth $1, the market cap would be ~2.1 trillion, if I remember correctly, and thus would be too small to replace the current monetary system. Hypothetically it could, but there would be too many outstanding debts, or anything really, in order for it to be able to fully integrate itself into society.

The choice of 8 decimal places is arbitrary and can be changed, without diluting the value of Bitcoin.  Your math/memory is also off.  If each existing satoshi was worth $1, the total final market cap would be $2.1 quadrillion.

[The Sceptical Chymist]

What are you doods smoking here?  Bitcoin is global, yes, but it's a fucking horrible currency!  As it gains value, it encourages hoarding (HODLING) and thus people never use it.  And it's still the plaything of nerds and criminals.  It needs much wider adoption before it becomes an everyday tool for the average person.

It's nice to hope, but damn.  Let's be realistic here.

[Mr. Forum]

I can honestly say that bitcoin is the strongest digital currency that i have come across. I am also sure that very many persons across the globe are attesting to this. One great challenge that i see that is pulling bitcoin is the inability of any body to regulate the flow of the coins as it does happen in other currencies. I was thinking that when a body is formed to regulate bitcoins, it will grower stronger that ever before.

[USB-S]

What are you doods smoking here?  Bitcoin is global, yes, but it's a fucking horrible currency!  As it gains value, it encourages hoarding (HODLING) and thus people never use it.  And it's still the plaything of nerds and criminals.  It needs much wider adoption before it becomes an everyday tool for the average person.

It's nice to hope, but damn.  Let's be realistic here.

Every new user in the ecosystem will push the price up just a tiny bit, since there is less to go around for others. Bitcoin is however gained as much adoption for it to be considered as an actual currency and isn't just some circle jerk between nerds and criminals. The ecosystem has developed tools for people to use in their day-to-day life like debt cards and phone wallets and many more. But realistically we need a lot more development before we could go after the global market.

[Bitcoinpro]

I can honestly say that bitcoin is the strongest digital currency that i have come across. I am also sure that very many persons across the globe are attesting to this. One great challenge that i see that is pulling bitcoin is the inability of any body to regulate the flow of the coins as it does happen in other currencies. I was thinking that when a body is formed to regulate bitcoins, it will grower stronger that ever before.

its already done

[Amph]

What are you doods smoking here?  Bitcoin is global, yes, but it's a fucking horrible currency!  As it gains value, it encourages hoarding (HODLING) and thus people never use it.  And it's still the plaything of nerds and criminals.  It needs much wider adoption before it becomes an everyday tool for the average person.

It's nice to hope, but damn.  Let's be realistic here.

this is false, the hoarding encouraged is only momentary because right now bitcoin is very undervalued, at 1k+ or 10k+ you will see a massive usage and spending of bitcoin if it was accepted

what is really discouraging the usage of bitcoin is acceptance which is very restricted nowadays, nothing else, the deflationary system is perfect better than the inflationary crap that fiat is sustaining

[Pirator]

As the world is turning into one big city there is the need to have a standardized means of exchange. Bitcoin as accomplished just that. It might not be the one that sticks around, but, at least the concept as born.

Bitcoin is the de facto digital currency. It has the largest market capitalisation. So it can be used as a reserve currency for digital world.

[USB-S]

As the world is turning into one big city there is the need to have a standardized means of exchange. Bitcoin as accomplished just that. It might not be the one that sticks around, but, at least the concept as born.

Bitcoin is the de facto digital currency. It has the largest market capitalisation. So it can be used as a reserve currency for digital world.

Since you could pretty much consider that everything currently is digital and that ain't going to change. That would make bitcoin the global currency of Earth.

[Rizky Aditya]

I find this article

Bitcoin to Be the National Currency of Atlantis, Really
Welcome to Liberland: Where Bitcoin is the National Currency

in future i believe bitcoin can replace usd 

I really doubt that bitcoin will ever replace bitcoin, I have some hope, but deep down, I know it will never happen. I think that the 2 just have to coexist with each other.

[Ruzka]

Bitcoin will play a big roll in the future of man I am sure but we have a very long way to go and maybe only just get to see it within the next ten to 20 years. You say it is a "Super currency and  the best store of wealth due to its cryptographic  network strength" I agree but we need others to see that as well before it is widely accepted. Time will tell,, if nothing else we know how to store our money in a much safe way than 99% of the planet.

[ATguy]

Bitcoin is global, yes, but it's a fucking horrible currency!  As it gains value, it encourages hoarding (HODLING) and thus people never use it.

what is really discouraging the usage of bitcoin is acceptance which is very restricted nowadays, nothing else, the deflationary system is perfect better than the inflationary crap that fiat is sustaining

It is pretty sad when I see the inflation is good for currency myth propagated, even between economists. For sure inflation is good for the ones in debt, thus ideal for governments ! 

But for savers, inflation is terrible and deflation suits them much better. So you have two sides here and saying one is better for currency is ridicilous. By the way, Bitcoin solve this because the final supply is constant, not increasing or decreasing.

[notbatman]

Bitcoin is global, yes, but it's a fucking horrible currency!  As it gains value, it encourages hoarding (HODLING) and thus people never use it.

what is really discouraging the usage of bitcoin is acceptance which is very restricted nowadays, nothing else, the deflationary system is perfect better than the inflationary crap that fiat is sustaining

It is pretty sad when I see the inflation is good for currency myth propagated, even between economists. For sure inflation is good for the ones in debt, thus ideal for governments ! 

But for savers, inflation is terrible and deflation suits them much better. So you have two sides here and saying one is better for currency is ridicilous. By the way, Bitcoin solve this because the final supply is constant, not increasing or decreasing.

I'm not sure if that's correct; given an infinite amount of time the Bitcoin supply would approach 0 as all the private keys are lost or destroyed. This however isn't a problem as a single satoshi can be infinitely  subdivided to meet demand.

[Newcoins2020]

Bitcoin is still not use in every country, but I believe that in the future people will just start using it. I think the most the new generation so the young one will use bitcoin more often than us. When that happens a lot of country will adopt bitcoin.
Later more atm will come for bitcoins so that we just can cash some money with it.