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DoublerHunter
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September 23, 2017, 11:24:29 PM |
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Can bitcoin be the world's currency?
I think it is impossible. Since bitcoin has only limited resources in the world, in cant be the world's currency because only some of the people can have it. Also, not all people in the world has any idea what bitcoin is. Those techy people or those people who knew a lot about computers are the one who only knew about bitcoin. Great point, that is the reason why bitcoin will not become the world's currency because a lot of people are not aware of it and there is a lot of people that are not interested into volatile stuffs so it is very impossible for bitcoin and since it has a limited supply it will have a lot of difficulties in sustaining the demand of all people. |
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Kimi80
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September 23, 2017, 11:27:34 PM |
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Maybe in distance future it could be. We still don't have world currency. World should be place with one government, totally globalized first so we could get a unique world currency and I don't know if it ever will happened.
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nejibens
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September 23, 2017, 11:32:47 PM |
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Can bitcoin be the world's currency?
Not in the near future, but it still possible tp happen. Bitcoin's community is already growing up daily worldwide, and it will be more used in many countries as one of the first used currencies. |
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StonedWolf
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September 24, 2017, 09:43:49 AM |
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I do not think it would be possible for bitcoin to be the universal currency because the universal currency is USD, USD has been the universal currency since World War 2 until now it will be difficult for bitcoin to replace the USD.
I thik theres nothing impossible for the bitcoin. In fact, if someone asked you 10 yeras back if a ryptocurruncy could equal 5 k dollar, you will definitely say that it could not happens ever. To do that, no one can limit it !! |
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happyme1818
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September 24, 2017, 09:54:19 AM |
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Can bitcoin be the world's currency?
I think it would be possible because right now it is already adopting by the people and even the government like Japan. It is just a matter of time and everyone even the non believers will use it. |
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suryati
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September 24, 2017, 09:56:02 AM |
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No one knows for sure what will happen, the possibility of bitcoin to be a real currency like the dollar could happen, but I think to make digital currency into real currency many factors are needed and I think it is quite difficult to make a currency is not a physical make there is physical needed sufficient process and facilities.  |
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jerowacik
Legendary
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Activity: 1162
Merit: 1000
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September 24, 2017, 09:58:41 AM |
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this is certainly quite possible. currently bitcoin users are very much at all and the growing number of users will increase the world's confidence in bitcoin. I am quite optimistic when I see the bitcoin is currently developing very well. maybe we need a long time to reach this stage, slowly but surely I'm sure this will happen.
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Falgorn
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September 24, 2017, 10:24:01 AM |
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Can bitcoin be a world currency? This is depending on what to invest in this concept. If we mean whether it will be used by citizens regardless of the state in which they live, in this respect bitcoin is already a world currency.
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jsscswan
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September 24, 2017, 10:43:32 AM |
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I do not think bitcoin can be a world currency. Too many countries in the world are likely to resist bitcoin as the world's currency. Too complicated to make bitcoin as world currency. Simply bitcoin as a digital currency only.
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mehcat11
Member
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Activity: 77
Merit: 10
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September 24, 2017, 10:56:20 AM |
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Bitcoin has possibility to become world's currency.
It has advantage to do that such as it don't need bank as mediator to transfer.
We can do easy transfer without borders with low fee.
But, if you mean bitcoin has possibility become world's main currency, i don't think so.
Because bitcoin is a digital money and it doesn't has physical appearance.
What would be happen if internet is shut down? Of course economical world would be disorganized.
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Ewox
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September 24, 2017, 11:02:53 AM |
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I think it is possible that Bitcoin be the world's currency but I don't think it will happen anytime soon. Bitcoin has to take a lot of steps to get there competing with other world currency that has been here long before we or even our parents were born. But yeah I think it would be possible specially knowing technology is dominant nowadays.
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Michael-crypto
Newbie
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Activity: 34
Merit: 0
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September 24, 2017, 11:08:33 AM |
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Yes, it can be a world currency, because it is the money of internet, which isn't owned by any state.
It is a reserve of value, easily tradable.
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kotajikikox
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September 24, 2017, 11:12:29 AM |
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Can bitcoin be the world's currency?
for my opinion there are not impossible bitcoin be the worlds currency thats why bankers hate bitcoin as currency because bitcon is treat for the bankers, if the bitcoin use as world currency the the old will close and the bitcoin bank raised, obvously bitcoin are easy to use among others currency for transaction. |
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Matimtim
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September 24, 2017, 11:13:05 AM |
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Can bitcoin be the world's currency?
I think yes, Because many people around the world use bitcoin and accept bitcoin as means of payment, not in a particular place but in many country around the world. |
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w5pn73
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September 24, 2017, 11:16:14 AM |
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It's impossible for this to happen, governments will never let it come this far.
And if some government does want to go the crypto way, they can issue their own crypto, which they can actually be in control of.
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magicmeyk
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September 24, 2017, 11:34:33 AM |
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Can bitcoin be the world's currency?
its not possible because every country should have its own currency and there are people counterfeiting money that should be stop. |
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Larva14
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September 24, 2017, 11:59:15 AM |
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Can bitcoin be the world's currency?
We all know that there is a possibility that bitcoin will become our future currency. In addition to that, bitcoin is the new currency and it is also consider as digital money and currency because you can use it in different kind of transactions. Lastly, I think bitcoin will become our best world currency. |
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eaLiTy
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September 24, 2017, 12:20:50 PM |
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Maybe in distance future it could be. We still don't have world currency. World should be place with one government, totally globalized first so we could get a unique world currency and I don't know if it ever will happened.
Bitcoin is close to what we epitomize as a world currency as you could send anything throughout the world without any hurdle,you really do not need to convert bitcoin in exchanges right now,all you need to do is send the money in bitcoin anywhere in the world and deals can be done quickly and that is what a world currency is required to do and bitcoin does that,so why the distant future when the future is here.  |
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Gotomoon
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September 24, 2017, 12:27:52 PM |
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Can bitcoin be the world's currency?
its not possible because every country should have its own currency and there are people counterfeiting money that should be stop. Actually there is a big possibility that bitcoin can be the world's currency. Although we couldnt tell when it will be, because there are many things to consider. |
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boyptc
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September 24, 2017, 12:37:45 PM |
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Can bitcoin be the world's currency?
Some are believing and some doesn't believe. I'm realistic with things that has the possibility to happen and I'm pretty sure that bitcoin has a chance to be the world's currency. It's not even specific if it will be a world economy currency, like agreed by each country that can be used globally. The hint is already in our front, that bitcoin is being used by most of us with our transactions globally. |
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