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Author Topic: Your thoughts on BitCoin becoming a new world currency ?  (Read 463 times)
tigerbay (OP)
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April 23, 2013, 12:48:14 AM
 #1

?
Matthew N. Wright
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April 23, 2013, 12:48:57 AM
 #2

World order? No.
World currency? See above. (It is an insanely bad and dangerous idea to have a world currency that everyone relied on solely due to the inherent risks of corruption and security failure.)

Local currency competition? Yes.
Internet payment competition? Yes.

Bottom line, Bitcoin is a first of a kind, not the last.

Zaih
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April 23, 2013, 12:53:11 AM
 #3

Highly unlikely. But I'd be more than happy if it were to be the case.

As guy above said, I think it'll be more likely that it'll become the prime online payment currency. That'd be awesome as well Smiley
lewicki
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April 23, 2013, 01:08:10 AM
 #4

If anything is at least injects some change into the system, or at the very least promtes new ideas and lets people know that there is not just one way to conduct trade.
Neried
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April 23, 2013, 01:09:20 AM
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On that note, freicoin is doing some interesting things with demurrage
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April 23, 2013, 01:26:44 AM
 #6

Not world, but I can see it taking over payments across the web. Put paypal out of business hahah, time will tell...
binaryFate
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April 23, 2013, 02:41:07 AM
 #7

Even more, for me. It will be the daughter revolution of internet, and together they will be remembered in history.

Monero's privacy and therefore fungibility are MUCH stronger than Bitcoin's. 
This makes Monero a better candidate to deserve the term "digital cash".
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