Is bitcoin now the strongest currency in the world?

[Cosbycoin]

Nevertheless no. Bitcoin will be the strongest forex if the price is steady as gold and if the market capitalization of bitcoin surpasses gold. Effectively bitcoin can obtain this but not for now.May be in near future the place bitcoin is accepted by the governments all more than the world who understands when will bitcoin be the strongest forex in the planet

Maybe as of now, it is a little bit far from reality that bitcoin is the strongest currency in the world. It is because there are still some places of the world that would not accept bitcoin as one of the means of payment because they have negative impression about it. Or somehow, unaware of the increasing of the bitcoin price nowadays.

Bitcoin is the strongest currency in the present world. As it is considered to be improving towards the greater level of success in near future, the prices might rise again to a level of somewhat equal to 10 k dollars for a single bitcoin.

Hence it could be regarded as the strongest currency but there are some weak points to that hinders its stability such as being illegal, decentralized and non traceable are some factors that could cause it to lose its value as governmental support could get questioned upon these matters.

[PranDoW]

The largest danger when you're keeping Bitcoin is somedays, tockchain system is dropped , everything will end up dust , included valuation of the Bitcoin too. As other home, Bitcoin could lose it is value someway as well.he bl

Everything can lose its value. It realy hard to imagine that system gonna drop in one day, I do not know what's going to happen for this

[kramchers]

i can tell bitcoin is the most expensive currency! i cant tell it being the strogest because bitcoin is nothing with out the connection of internet..
but once it settlled on offline well nothing can ask for more !

[SkyFlakes]

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?

I think its not, well even though bitcoin has been popularized and used by the increasing number of people , still we cannot consider bitcoinas the strongest currwncy due to the fact the credibilty of bitcoinis less disadvantages were present I mean like being banned , not being used something like that.

[akiexx]

Bitcoin is the strongest currency in its own world, the cryptocurrency. While in the physical money the strongest currency as of now is Kuwaiti Dinar (KWD). KWD is the official currency of Kuwait. One KWD is equal to a whopping 212.262 Indian Rupees. Kuwait actually possesses the fourth highest per capita income in the world, largely thanks to the country’s massive oil reserves.

Surprisingly at the top 10 of the list is USA even though it is the most traded currency in the world. Over the last few years, USD value has depreciated but the strength hasn’t. USD is valued at 64.31 in Indian Rupees. Many consider this as the most valuable currency in the world ( Asian ) owning to US as a super power nation.

[YinShuiSiYuan]

It was, it is and it will be so just if you have some saving enter in it till the 2040 and wait what will happen!

[betMaster]

I think the only thing that holds bitcoin from becoming the strongest currency in the world is the popularity. As a currency that value 6600$, bitcoin is still not so popular in many countries and the number of users is so small. That's the part of media in spreading new things to people and they still do not consider it as a real currency or that's what media in my country think. I believe in the coming months, bitcoin popularity will rise and it will start being part of economical plans for some countries.

[josealerav]

Yes, i'm with you, i think Bitcoin is the strongest currency in the world because there is no currency else can valuable as Bitcoin is.

[noictib]

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?

Yes , surely the bitcoin is a stronger coin in the world and also it will become international coin once surely that will be available to use legally and offically for the transaction ( Still we can use as an international currency without any problem but that is not official way to send money from one country to another ) .
We can see exactly what we got from the bitcoin here , earlier we were not able to make payment worldwide easily with fiat but after came of the bitcoin like things we came across that platfrom where we have no limit to manage our money .
It totally changed the world economy system , so here we can understand well that how the bitcoin is important for the future and also doing the bitcoin best for us .

[LoudA__]

Yes, i'm with you, i think Bitcoin is the strongest currency in the world because there is no currency else can valuable as Bitcoin is.

The price or how valuable a crypto currency is, is not a sign of it being strong. Bitcoin is strong because it is still on going and still increasing despite of it challenges and obstacles. A lot of people want to bring bitcoin down but no matter what they do, bitcoin is still reigning. It is because a lot of people, even if there are a lot of crypto currencies still uses and trusts bitcoin.

[nydiacaskey01]

I don't think so even when we see that 1 BTC cost $7,200 doesn't mean you can buy everything with it, I think its the purchasing power of the currency is what makes it strong over the other currencies. Bitcoins purchasing power is slowly increasing since more and more merchants and countries are starting to accept and recognize Bitcoin.

[youdacapt]

I don't think so even when we see that 1 BTC cost $7,200 doesn't mean you can buy everything with it, I think its the purchasing power of the currency is what makes it strong over the other currencies. Bitcoins purchasing power is slowly increasing since more and more merchants and countries are starting to accept and recognize Bitcoin.

strengthening is caused by positive sentiment from the market and is quite nominal for people in developing countries to grow the business. In my opinion, bitcoin has great potential because it does not pass through a complicated bureaucracy in every transaction delivery, everything is normal and very fast, so many new users are interested and deepen their crypto experience.

[JL421]

it is no doubt about that as time progresses the price of bitcoin has been sky rocketing without any limit and it will continue
to do so until any perfect substitution is available for it which might never really happen soon usd will be replaced

[shata]

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?

No. Bitcoin only one of the strongest cryptocurrency but in the real world, Gold is the strongest and having highest value. In this situation, many people trusted bitcoin as their internet currency. Because of having too many investors of bitcoin, the rate of it becomes higher and higher. But Bitcoin will never be call as strongest currency in the world.

[bakunawaaa]

If you mean value and worth in terms of how much people are willing to pay for it in their own fiat currencies, then I think yes bitcoin is now the strongest currency. But if you factor in the amount of people, institutions, and corporations willing to accept bitcoin, then I think bitcoin does not have that huge of a reach yet. Though it is slowly gaining momentum, it is still not to a point where everyone in the globe would be willing to give you any amount for it.

[Odora]

Bitcoin isn't the strongest currency for reasons stated, but it is among one of the most valuable.

agree, what is called Currency definitely has got the legality of all countries,
Bitcoin I think like commodities (gold, silver, and others) and Bitcoin Value is the largest in the world....

[skarais]

although bitcoin has a high enough value but i think bitcoin isn't the world's strongest currency, because to my knowledge bitcoin is a virtual currency even though it has a function equivalent to fiat currency but illegal bitcoin legality

[aencarnaci]

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?

Yes. Because bitcoin right now is attaining great attention and popularity all over the world even after being banned in China, it still managed to recover and the sudden pump was actually surprising. The users of bitcoin also right now has been increasing greatly and even the investors too so we should expect that sooner or later, bitcoin will take over all the other currency in the world.

Exactly! There is no reason to deny this fact that the bitcoin is having a very good reputation not only in the international market but also amongst the investors. But the thing is till the time bitcoin will not be declared as legal, it is not at all possible for bitcoin to become the strongest currency of the world. Our governments have to think about it seriously if they want to make out maximum profit out of it.

[Trela]

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?

Yes. Because bitcoin right now is attaining great attention and popularity all over the world even after being banned in China, it still managed to recover and the sudden pump was actually surprising. The users of bitcoin also right now has been increasing greatly and even the investors too so we should expect that sooner or later, bitcoin will take over all the other currency in the world.

Exactly! There is no reason to deny this fact that the bitcoin is having a very good reputation not only in the international market but also amongst the investors. But the thing is till the time bitcoin will not be declared as legal, it is not at all possible for bitcoin to become the strongest currency of the world. Our governments have to think about it seriously if they want to make out maximum profit out of it.

If you are really understand the nature of Bitcoin, it does not need to have the government. Because it against all the profits, power, nature of the system are managing us - the government. The fact, Bitcoin is a currency should not to exist in the world, just only its existence, the world has enough reason to become mad when the government no longer occupies an important role.

[ethlover128]

although bitcoin has a high enough value but i think bitcoin isn't the world's strongest currency, because to my knowledge bitcoin is a virtual currency even though it has a function equivalent to fiat currency but illegal bitcoin legality

Bitcoin is not getting stronger but not the strongest for sure, we know that very well because we are active in the community and in the crypto world.
Based on the estimate, number of users are still less than 5% of the total population and that adoption is an evidence that i's not strong enough as some people are thinking. We believe that bitcoin is here to stay and we should continue to support and promote it to be more successful.