Is bitcoin now the strongest currency in the world?

[Ashong Salonga]

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?

All I can see is that bitcoin isn't that strongest among other currency because I think bitcoin had many problems to be faced before we can say that it is become strongiest among other digital currency. People nowadays are using bitcoin and claiming it as a strongest currency yet they disn't have any proof.

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[TheMojo1]

if you measure Strong with price answer is Yes But it is virtual money so only Security will help it (Can be crashed more easy paper money )

[fabrizoc]

Not yet, but I know that we are getting close where can claim that btc is the strongest currency. I can feel that we just need to take a few more steps before everyone around the world will use btc instead of usd. It may not be a quick transition but I know we will get there.

If we are talking about the world of crypto currency, then there is no point of denying this fact that bitcoin is the strongest currency. Otherwise, bitcoin is not the strongest currency. There are so many other regular currencies which are far better than bitcoin.

It will take lot of time for bitcoin to make its name in the ranking of regular currencies. There are likely chances of this thing to happen but it is not an easy task.

[Kikeeping]

Not yet, I think. However, bitcoin can simplify the financial transaction constraints common to conventional financial patterns. Bitcoin is the most effective currency in the world.

[cryptojac17]

Not yet, but I know that we are getting close where can claim that btc is the strongest currency. I can feel that we just need to take a few more steps before everyone around the world will use btc instead of usd. It may not be a quick transition but I know we will get there.

If we are talking about the world of crypto currency, then there is no point of denying this fact that bitcoin is the strongest currency. Otherwise, bitcoin is not the strongest currency. There are so many other regular currencies which are far better than bitcoin.

It will take lot of time for bitcoin to make its name in the ranking of regular currencies. There are likely chances of this thing to happen but it is not an easy task.

Yeah there is no doubt bitcoin is the strongest currency of all the currencies because the value of BTC is considered the baseline of all currencies of the world because the trust and popularity of this currency is so high
that the investors should look at it as star of all the currency.

[Isabella09]

bitcoin is not mature enough even many country don't have any rule for it's regulation. It's market cap should increased more to strong and it is no doubt it will drive the future market.

[akablackhat]

market cap of BTC is more than half of the countries's on globe and 80% of S&P 500

[overboost]

For all those who know well about bitcoin, it is indeed the strongest currency and the most profitable currency of the world. For the ones who don’t know about bitcoin yet, it is nothing.

In the coming days, when more people will be knowing about bitcoin there are likely chances of this thing that bitcoin will become the strongest currency of the world. It is having lot of potential to lead the world.

Hopefully it will be the cryptocurrency everybody wants.
We have low market penetration. More need to get involved.

[muhammedb]

I believe that bitcoin will be one of the strongest coin in the word because of the high rate of investor, but as at now is be weakest coin so far

[RamBahadur.Gurung]

OK... Let's try to answer a few questions, in order to find out whether Bitcoin is the strongest currency in the world right now or not. Is BTC the reserve currency of the world? The answer is NO. Is Bitcoin the preferred currency for international trade? No. That honor goes to USD, with the Euro and Chinese Yuan putting up some competition. Is Bitcoin a national currency of any nation? Once again the answer is NO. So do I need to explain further?

[blazecygnus]

In my knowledge about currencies all over the world so the answer is yes. Except diamond and ruby ( most of them are gemstones ) No currency else can reach to the place that Bitcoin already claimed. So I mean the valuable of Bitcoin for now, really is at another level than other currency.

[hurain]

Not yet, but I know that we are getting close where can claim that btc is the strongest currency. I can feel that we just need to take a few more steps before everyone around the world will use btc instead of usd. It may not be a quick transition but I know we will get there.

Everyone know that bitcoin is still deficient to recognition across the world and for becoming the strongest bticoin should be recognized in the world being a legal currency so in this stage we cannot say that bitcoin is strongest. In a sense bitcoin is strongest respect to their policies regarding decentralization and transparency behavior which the people like so much. It is strongest in this sense that the people are trusting on bitcoin very much. Bitcoin has proved the strongest position through his enhanced value.

[potatocorner]

I think it is not the strongest currency today because it is not yet known by everyone and it is not yet used in the commerce. I believe it will happen when all of us are using it and all of the transactions will be proccessed through this bitcoin. It is possible to happen because now, it is slowly getting popular and more and more people are using it today.

[romecheo]

This is very surprising question back then, when OP ask about this question 4 years ago. for sure he/she was greatly amazed on Bitcoin development and progress.

However today, Bitcoin are far more stronger way back then. We don't have any doubt that Bitcoin will continue to gain more popularity across the globe.

[imsotiredofmoviereboots]

It is not even known by everyone but I'm sure that will happen sooner. Bitcoins is getting higher and stronger everyday which will dominate USD someday and for me that is inevitable.

[Getcoinsite]

Nah ofcourse not,bitcoin may be the highest value of currency now,but only here in crypto and some countries so it cant be called strongest coz it coest dominate even 1/8 or the worlds total currency need,not like dollar euro pound or other monetary that can be avail or purchase world wide.

[phutakami]

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?

And at present it is no longer small when the value starts to return $ 6k which is good news for all investors as well as trader.

[4new]

Given the limited finite supply of bitcoin, and the growing unlimited demand for fast, reliable, anonymous, and transaction free payment transfer systems, bitcoin will continue to rise in value at least for the foreseeable future, making it the Berkshire Hathaway of cryptocurrencies. At least for now it is the strongest currency in the world. Time will tell if Ethereum or other platforms or Crypto-hybrid fiat currencies will derail the future of bitcoin.

[jonatuzc]

Not yet, but I know that we are getting close where can claim that btc is the strongest currency. I can feel that we just need to take a few more steps before everyone around the world will use btc instead of usd. It may not be a quick transition but I know we will get there.

It is not the strongest in the world, besides it is not a currency, cause it’snot being regulated, rather it’s unregulated. Bitcoin is decentralized, that’s why it can’t be controlled by a particular country’s government, or be a country’s currency.

Bitcoin is just an asset meant for investment, and when compared to Gold in terms of being strong, Gold is stronger. Bitcoin is just more valuable than every other things, but fragile.

[Krishan_94]

As you see even Russian president supports etherum  means its really strong ...