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Author Topic: is it possible?  (Read 5877 times)
Denies
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December 09, 2017, 06:28:01 AM
 #341

Can bitcoin be the world's currency?


I dont think so. because after all everyone needs fiat currency.
whatever the reason we will still need a real means of payment. but if to become a global payment instrument on the internet I agree and will definitely happen in the future.
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Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
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December 09, 2017, 06:41:31 AM
 #342

May be one day bitcoin is the word currency. Because of technical currency bitcoin is too much easy to carry and it is also to payment. So i think one day people use it too much. Then bitcoin make the world currency.

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December 09, 2017, 06:43:22 AM
 #343

Can bitcoin be the world's currency?
I doubt that this is possible. It is unlikely that the country will want to remove the national currency, it is necessary for the country's economy.

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December 09, 2017, 12:29:30 PM
 #344

at the moment it is impossible in my opinion...it is necessary to implement some improvements...at least to make it so that the transaction lasted less...but there are no options to solve it
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December 09, 2017, 12:58:10 PM
 #345

Can bitcoin be the world's currency?

It may happen.. I guess, If all country will unite and have the same idea to make Bitcoin the only currency in the whole world. If they will make it happen for sure they will make bitcoin decentralized so they can manipulate the currency's value and know all the transaction that we make. But I think there will be a lot of Bitcoin holder's that will get angry on the idea that Bitcoin will be decentralized and their transaction will be seen by other person.
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December 09, 2017, 01:01:23 PM
 #346

Can bitcoin be the world's currency?

Although there are some site or establishment that accept bitcoin as mode of payment I think it cannot be a world's currency because we can't use bitcoin offline and also it is just an intangible currency.

Also we can't tell whether bitcoin will last forever.

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December 09, 2017, 01:46:56 PM
 #347

I believe bitcoin already is world currency ,later will be more popular
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December 09, 2017, 02:00:43 PM
 #348

I think it's not possible for bitcoin to be a world's currency or even a nation's currency. Each country around the world has their own currency and some of it symbolizes a nation's democracy. For a virtual currency to subsitute a currency that is part of a country's background and culture, that's not gonna happen.

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December 09, 2017, 02:07:39 PM
 #349

Well i don't think btc could be the world currency although its used everywhere and popular but it's unstable value would be a great problem also the huge countries like USA and the european countries won't allow it cuz it will affect badly their economics and their influance on other countries also the high value of btc against the low value of their currency could even  lead  to a war against btc in case it concures the whole world
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December 23, 2017, 06:52:52 AM
 #350


I think its not because bitcoin is digital currency and bank central for unqualified they no come clean that or manage a world of digital it can happen that bitcoin is the world digital currency but in the world of fiat is not happen.
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December 23, 2017, 07:00:36 AM
 #351

It could be possible but not in our generation.
If one nation pushes to become a world currency at this generation it will causes chaos.
Other factor that it will not happened in near future because not all people (Majority) have an access in the digital world.

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December 23, 2017, 07:03:25 AM
 #352

Can bitcoin be the world's currency?

this could happen if the bitcoin is stable and the total supply of bitcoin in multiply, because if the total bitcoin is limited then the price will be more expensive because many want to have bitcoin. setau my total bitcoin supply only 21,000,000 bitcoin.
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December 23, 2017, 07:06:18 AM
 #353

No, it will not, never will. Bitcoin may be growing, but bitcoin will also remain like this, being the virtual currency that it is today. World currencies, meaning all countries use bitcoin as their currency is not it? So the answer is no. If bitcoin is accepted worldwide, it is still possible, but if the whole world uses bitcoin as a currency then never.


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December 23, 2017, 07:15:49 AM
 #354

Although bitcoin is the first coin of the world, it is hard to become the world currency. Becauce you can see, it has many disadvantages about block size, transaction speed.,...unless the devs can solve that problems

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December 23, 2017, 07:22:30 AM
 #355

Can bitcoin be the world's currency?

At present BTC is already world currency  Smiley you can use it almsot everywhere and BTC is known alost everywhere. It is one of the most popular currency in the world as US dollar.

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December 23, 2017, 07:25:42 AM
 #356

It is very possible to happen because basically bitcoin was created to be a free financial transaction medium wherever and whenever. Currently bitcoin is moving very well, although there is a decrease in price but it will not reduce our confidence in bitcoin. The future is coming soon and bitcoin can be the most used thing after the real currency in the world.
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December 23, 2017, 07:29:14 AM
 #357

I believe bitcoin already is world currency ,later will be more popular

Bitcoin is becoming popular through time by it's good features that states like using a currency as a free individual. It is decentralized and quite not that anonymous. But with a lot of users all over the world, I think bitcoin now is becoming the global currency since it is used as a payment by a lot of people all over the world. Not only sending bitcoin in your country but bitcoin is also sent outside the country.
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December 23, 2017, 07:37:07 AM
 #358

Can bitcoin be the world's currency?

if being a world currency seems impossible. but for the purpose of the bus to match the world's currency.
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April 04, 2018, 08:13:20 AM
 #359

It is not possible to say accurately, but Bitcoin has high potential for future coins. Recently, it has become popular in the world, recognizing Bitcoin as legitimate in several countries. People are investing in it. Bitcoin demand is increasing in the market.
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April 04, 2018, 08:26:24 AM
 #360

Am not sure that that assumption is going to be positive because Bitcoin is a digital currencies spent across the world with no instrinsic value and it's not visible.
Another reason is that not all people are educated and it's make it difficult to handle cryptocurrency.
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