Is bitcoin now the strongest currency in the world?

[Sadlife]

The opinions of the minority doesn't matter what matters is what do the majority of people think of this digital currency?
Well, for me it looks positive cause the price value and the dominance in the market is now stronger than ever especially with the rapid adaptation of merchants of this crypto currency as a payment method for their online or offline businesses even some countries have already legalize it and started using it like institutional investors. So the opinion of a small group of people dont matter. Surely they change their minds about bitcoin sooner.

[1714046652]

1714046652

[1714046652]

1714046652

[Zooplus]

Well when it comes in cryptocurrency yes, bitcoin is the best and the strongest crypto, because we all know that bitcoin has the most big value in cryptocurrency

Based on the market bitcoin is obviously the most popular and valuable.
However, that is only inside the crypto currency because bitcoin cannot compete yet with legal currencies that are
regulated by the government but for private payment processors like paypal, we are going to beat them soon.

[Janation]

After the events of last week.

I was making this suggestion to some folks yesterday, but they claimed that bitcoin is too small.  Does it matter?

Bitcoin is the strongest currency in the cryptocurrency and not in the world. Bitcoin can't surpass the fiat currency because bitcoin doesn't have a power. Bitcoin is still not popular in the world.

It is not just measured in it's value because bitcoin is so volatile, if it is measured by it's value, we can say that bitcoin is becoming weak. I can say the number of users make it the strongest Digital Currency. It won't be surpassed by any other digital currencies because of the vastness of it's users. Though not that popular in the world, we can say that it has a lot of users in the world.

[Palmerson]

Well when it comes in cryptocurrency yes, bitcoin is the best and the strongest crypto, because we all know that bitcoin has the most big value in cryptocurrency

Based on the market bitcoin is obviously the most popular and valuable.
However, that is only inside the crypto currency because bitcoin cannot compete yet with legal currencies that are
regulated by the government but for private payment processors like paypal, we are going to beat them soon.

The market capitalization of bitcoin has already exceeded the capitalization of PayPal. If bitcoin nothing is going to happen in a few years about PayPal no longer remember. It not only speaks about the power of bitcoin as a currency. He's still too weak. The constant fluctuations and lack of circulation is the main weakness of bitcoin.

[Polar91]

After the events of last week.

I was making this suggestion to some folks yesterday, but they claimed that bitcoin is too small.  Does it matter?

How that folks can claim that bitcoin is too small? Can't they see that bitcoin is a fast growing cryptocurrency that has already been widely used worldwide? Imagine, it has already surpassed the gold price value for just a little time span from the year it was established. They are just making mere speculations about bitcoin because they cannot admit that bitcoin is now being a strong currency that can be aligned with the leading international currencies which are dollars, euros, etc. Bitcoin to be true is a fast phasing cryptocurrency.

[nkarm1]

After the events of last week.

I was making this suggestion to some folks yesterday, but they claimed that bitcoin is too small.  Does it matter?

How that folks can claim that bitcoin is too small? Can't they see that bitcoin is a fast growing cryptocurrency that has already been widely used worldwide? Imagine, it has already surpassed the gold price value for just a little time span from the year it was established. They are just making mere speculations about bitcoin because they cannot admit that bitcoin is now being a strong currency that can be aligned with the leading international currencies which are dollars, euros, etc. Bitcoin to be true is a fast phasing cryptocurrency.

Those folks are from wayback March 22, 2013 😁. We can't blame them. Bitcoin at those time must be below or a little above $100 mark. Right now for sure they have imagine all those things seeing that after just 4 years Bitcoin is now $5000 per piece.

[ongels]

Bitcoin could be much valuable than other local currency..but its not the strongest currency.. What if an instance happens  like all computer and internet connections are disappear for uncertain situation.. what the use of bitcoins..?

[E-shipper]

Bitcoin is now the strongest crypto currency in the world and plans to continue developing as successfully as possible in order not to lose its first position in the rating. Although it is possible that everything can change.

[frowsiter]

After the events of last week.


I was making this suggestion to some folks yesterday, but they claimed that bitcoin is too small.  Does it matter?

Bitcoin is the strongest currency in the cryptocurrency and not in the world. Bitcoin can't surpass the fiat currency because bitcoin doesn't have a power. Bitcoin is still not popular in the world.

Indeed bitcoin is not even known to the half of the population in the world. Though they know about bitcoin not everyone will like the concept or believe it in the first place. Besides that bitcoin is not sufficient for all and not all he coins are in the circulation as well. This can be very dramatic. The currency holds price a lot of price but it doesn't mean it has captured the world economy or getting best in the world. The strongest stuff is fiat money which flows through one nation to another with price difference and keeps increasing daily for its demand.

[severaldetails]

Bitcoin is probably one of the strongest investments of the past two years.
But a currnecy? I would not call it that anymore.
People stop to pay with bitcoin because of the increasing value. That is a clear sign we have an investment, not a currency.
But beyond that I must agree that the level of awareness for bitcoin in the world is permanently increasing.

[Sled]

Bitcoin is probably one of the strongest investments of the past two years.
But a currnecy? I would not call it that anymore.
People stop to pay with bitcoin because of the increasing value. That is a clear sign we have an investment, not a currency.
But beyond that I must agree that the level of awareness for bitcoin in the world is permanently increasing.

Indeed, bitcoin is completely an investment and not a currency, yes we cannot deny that bitcoin can be use to pay the things that we buy but we cannot also deny that the price of bitcoin is increasing and selling bitcoin will just prevent us to earn more money in price appreciation so i think that bitcoin is more on investment type and it deserve to be kept for long term.

[bebejhen]

I don't think that bitcoin is the strongest currency now. It's not yet too popular for me because in my country most of them didn't know about it yet. For me the strongest currency is based on the currency of which you are living. I am living in Philippines so the strongest currency for me is Philippine Peso.

[Spinbackup]

Definitely, no. Despite the increasing price of Bitcoin, it has no provision and its' volatility depends even on a fake news. We have to be honest - Bitcoin has bright future, but there should be done a lot to call it at least "one of the strongest currencies".

[Krillin61]

Bitcoin is now the strongest crypto currency in the world and plans to continue developing as successfully as possible in order not to lose its first position in the rating. Although it is possible that everything can change.

Precisely, bitcoin is the strongest currency around the world in terms of digita currency but in fiat currency I would say that us dollar is the strongest. Us dollar is not only strong on its price but also in the market, as you can see most of the transaction dollar is always present. Anyway its just my opinion it depends on our place what is the strongest currency.

[Lpim01]

Bitcoin is now the strongest crypto currency in the world and plans to continue developing as successfully as possible in order not to lose its first position in the rating. Although it is possible that everything can change.

Precisely, bitcoin is the strongest currency around the world in terms of digita currency but in fiat currency I would say that us dollar is the strongest. Us dollar is not only strong on its price but also in the market, as you can see most of the transaction dollar is always present. Anyway its just my opinion it depends on our place what is the strongest currency.

Still a huge number of people believe USD currency as a strongest among others as of now. Yes I agree that bitcoin nowadays is hot and known to the most of us as a strongest currency in the world of cryptocurrencies. Bitcoin is totally different from paper money because it is applicable only for online transactions unlike USD that can be used in any transactions either local or online.

[Vikingr]

It's on its way to be stronger

Yes, it is on its way to become the strongest currency of this world. And it is running towards its end line in as much fastest way as one can even think of. Even though Bitcoin is one of the strongest currency in the race of Crypto Currencies, but it will take little more time to see Bitcoin ruling the world.

[Granxis]

It would be wrong to base your price on it, I can make a new coin tomorrow, you know that I make the high price, wrong in this case. The volume is important.

[Dyn@styN3rd]

Considering the volume of Bitcoin in Crypto currency market, Bitcoin is indeed the strongest currency now in the world. It is the father of all coins since you need Bitcoin before you can buy another altcoin. If no other coins stands on its own like Bitcoin, then it'll probably will still stay on the top of the Crypto currency chain.

[tauceramica]

After the events of last week.

I was making this suggestion to some folks yesterday, but they claimed that bitcoin is too small.  Does it matter?

Nope. There are lots of currencies; regular and digital. Bitcoin is under digital currency, maybe it is the 'strongest' cryptocurrency but not the strongest currency. Regular currency has physical value and Bitcoin doesn't. Also, regular currency has a stable market value. Maybe in the future, Bitcoin will be one of the most used currency because we're now on digital age, but still, in my opinion, it is not yet the strongest currency.

When we consider cryptocurrencies, Bitcoin is simply the most strongest one in this ecosystem. There are several good ones threating bitcoin's dominance as well, like Ethereum and BCC.

But if we talk about currencies generally, bitcoin is like a small spot with the giant national currencies, USD, EUR and Chinese Yuan.

[WinBeast]

It's exponentially gaining momentum to getting closer, but at the time of writing this post it's still not the highest momentum.