Is bitcoin now the strongest currency in the world?

[rayneh]

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.

At first Bitcoin wasn't utilized so ordinarily however now Bitcoin is utilized usually in light of the fact that individuals need to have increasingly benefit securely and quickly that is the reason individuals utilize Bitcoin for all sort of works that is the reason its appears that later on Bitcoin will be the most grounded currency.

[teo220]

Btc is not a currency. Maybe an investment instrument.
Yes for now. But a few years later it may not be. A lot of coin have rising potential

[Simon pasco]

At the moment bitcoin is just a parallel economy

[BingoDog]

Btc is not a currency. Maybe an investment instrument.
Yes for now. But a few years later it may not be. A lot of coin have rising potential

Bitcoin can be used as a payment method, so it's also a currency not just an investment instrument.
At the moment probably it has the highest value but to be the strongest currency it takes much more than high value so in that part bitcoin still can't compete with fiat currencies. Bitcoin can't be used as a pillar of financial system, more as an alternative and as a paralel financial system.

[signs587]

How come a currency that shows such dramatic movements can be "strongest" currency in the world? Strong means the resistance to any externality, not the price of the currency... Smh

[tawfiquecse]

In my opinion about currencies all over the world so the answer is yes. I believe bitcoin is now the strongest currency in the world. Because there will be no other currency that has a price as like as the bitcoin.
Many people are continuing to buy bitcoins because they know that, the bitcoin is really profitable. And people have strong confidence on bitcoin and i believe it is now the strongest currency in the world. 

[sheenshane]

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.

I think even if bitcoin were not in legalization now many investors and traders are still using of it as long as they gained in bitcoin. Popularization of bitcoin today and to the future will bitcoin going stronger in cryptocurrency across in different countries. If bitcoin legalized to our government they manipulate all bitcoin users have a limitations of using of it. But if it is happened we don't know what is in future.

[yonjitsu]

No question about it. You can tell by looking at its graph and how dominant bitcoin is for the past couple of years and bitcoin is also one of the reasons why ICOs and other alternate coins are popping up out of nowhere.

[sugihe]

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

I still confuse how we can do research to maintain which one is the strongest currency in the world? What is the indicator? Price or use?
If price, yes i can say its the strongest one.
But if use, fiat money is still number 1.

[musharaf]

yes i am in the favor of bitcoin it is the strongest currency in the world now a days this currency is trading in the crypto market which is good enough to provide the profits to the users. As in the present time this currency is using for many transactions there is no barrier for this currency in the countries.

[Swopon]

Of course it is now.You can see it's graph.Also bitcoin is potential and now bitcoin getting stronger day by day.Now it surfaces 8000$.So all we know that bitcoin is the strongest currency in the world

[cybersofts]

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 guess, no one will be telling you that by now, as bitcoin show the world it true potential and how valuable it could be in the future.
Bitcoin is different from traditional fiat currency which is issued and control by the banks and governments, fiat has no privacy completely.
Yet, bitcoin is decentralized, fast, secure, and acceptable worldwide. Bitcoin put people in control over their money and assets as well.

[ricardobs]

bitcoin is not yet the strongest currency because bitcoin is not yet stable we cannot compare it in paper currency. bitcoin is not legalized in lot of countries. but bictoin has the potential to be the strongest currency in the world if all countries legalized bitcoin.

Bitcoin is not the strongest currency, and it can never be. One reason I said it can never be the strongest currency in the world is because it is an asset and it’s highly volatile, meant for investment. If we are to mention the qualities of Bitcoin, I would say it is the most valued asset/currency in the world.

That’s what it is– most valued, and not the strongest, unless you mean on the side of cryptocurrencies. On the side of cryptocurrencies, Bitcoin is the strongest.

[thr3]

Currently, it is....
Bitcoin is the only currency which is deflationary in nature.
But once they are all mined then it is a different story.

[bitfocus]

Bitcoin is the strongest crypto right now and will remain same. Right now we can not call it a currency as there are some governments who are not prepared to accept BTC, but they will follow others soon.

[jostorres]

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!in my own perception bitcoin is the strongest currency in the world even sometimes the value is volatile in the market.bitcoins omeday will become an alternator  of fiat money,if all the government regulate the law of bitcoin.it is best your money in bitcoin because we can assure that we can gain a good profit in the future.

Same with you sir. I also think that bitcoin is the most strongest currency as of now. The system is has was one of the best. Bitcoin was also known world wide and investors are came from different country like japan and russia.  It still can stand even if the value of bitcoin change oftenly. And since bitcoin gives money everyone loves it.

There is no doubt that bitcoins are the strongest crypto currency of the world till now because of their global acceptance. People now prefer bitcoins for sale/purchase of their products online and use the profit to invest in bitcoins for future purposes and better life ahead. Technological world have been enhanced and it will be going on till the time, whole world is just more than a technical asset.

[saqibmunir]

great advices! many thanks

no i dont think so bitcoin is the strongest currency but we can say that Bitcoin is far from being the strongest digital  currency in the world. But it is definitely the strongest cryptocurrency. And I don’t think it’s appropriate to compare the volatility of fiat to that of crypto and conclude that fiat is stronger. Volatility is a feature of every cryptocurrency, due to the fact it is newly used from the people.big part of the world is not using bitcoin at the movement..

[bitcoinisbest]

Bitcoin is the strongest crypto right now and will remain same. Right now we can not call it a currency as there are some governments who are not prepared to accept BTC, but they will follow others soon.

Not every govt will accept the btc. Also they do not intend to call it as a currency since it is not issued by any central govt or bank. Thus it will always remain a virtual phenomenon and how each government of their country treats is their own lookout.  In terms of value and return nothing can beat it for now.

[sampalokmix]

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 am certainly against with this, before we consider this thing several standards will occur, bitcoin should be essential for every people in this world regardless of the economic state of an individual which is kinda impossible for now since before a person can access bitcoin they should have reliable internet connection, a gadget or desktop and enough knowledge regarding this , and we all know not every person in this world can obtain this so for me paper moeny is way stronger than bitcoin.

[Pixyoxx]

We cannot say that bitcoin is the strongest currency in the world because it is yet to be accepted by many countries all over the world. Also it is not a legalised mode of transactiona in many parts k the world. Although it has gained a tremendous value in recent time but because of it being decentralised and digital, the governments are unable to have a control over it due to which they are not very welcoming on legalising bitcoins. It is definetely one of the most popular digital crypto currency out there in the market but it being most strongest is debatable.