is it possible?

[BITDV]

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.

[Core.BUSTER]

Can bitcoin be the world's currency?

Actually, many people believw that bitcoin will become our world currency and I do believe that it would happen in the future. In addition to that, it is possible to happen because as of now it is widely accepted in some country and they also use it as money that they use in different kind of transaction.

[zahed]

Of course Bitcoin can be the world currency its possible i think and its my personal opinion.Because now a days BTC is the most popular digital currency over the whole world.

[Ariess]

Can bitcoin be the world's currency?

I highly doubt it, does not mean I do not believe it. this is because bitcoin is the virtual currency, and serves as a tool of the digital world.
and if bitcion becomes the original currency. I think it is possible that bitcoin could become the world's currency.

[webtricks]

Of course Bitcoin can be the world currency its possible i think and its my personal opinion.Because now a days BTC is the most popular digital currency over the whole world.

I don't feel so. 40 years after world doesn't require a currency which take 10-infinite time in getting transaction confirmed. Future high-tech, fast world requires a currency which is free from miners' influence and arbitrary and is completely decentralized.

[karmamiu]

On the internet it will be. But with the recent bans in different countries this is now going to be impossible.
I thought before nothing can stop bitcoin but now they have find a way to do it.
But I have still one question in my mind. If they ban the bitcoin in one country, what agency of the government is tracing the bitcoin movement inside or outside their country. Can they really know that?

Many of us use to think like that before and specially when there was no ban in China regarding the ICO’s. Now when Chinese government is imposing a ban over the ICO’s which for sure is leading to gateway to ban bitcoin in China shows how vulnerable bitcoin is.

There are lots of intelligent minds working with the agencies in different countries of the world who may have find it how to trace the bitcoin movement. The US agency IRS have already claimed that they can trace 50% of the bitcoin easily.

         Yeah that was right. It is pretty scary and at the same time its amazing though on how they are able to track down bitcoin movements and even those owners. Sometimes I do even think about your assets are no longer safe in bitcoin and there is a possibility that it will lead to death of bitcoin. I can even think that maybe someday bitcoin will be imposed with taxes by the government, they really wanted to have an access by any means for them also to make money, a bit scary but I am just fantasizing it though.

[SummerBliss]

It is already a world currency. But if you are saying that bitcoin becomes the dominant medium of international exchange, then that is less likely to happen. Governments of various countries won't accept a decentralized medium of financial system ever. If that ever be a cryptocurrency then that currency would definitely be backed by some government.

[Baby Dragon]

Can bitcoin be the world's currency?

Everything in this world is possible dude. And it is a cryptocurrency we are talking about here at this point. There is a man taught me that in cryptocurrency we can find that anything is really possible. He is a member of XEM team. And if I am not mistaken, XEM belongs to top 10 in coinmarket.

We all know that it is possibile and I hope it would happen bitcoin. I believe that bitcoin will become our best currency and it will accepted in all kind of transaction. In addiiton to that, I belive to the great potential of bitcoin and I think it will become our world currency.

[Gotottack]

Can bitcoin be the world's currency?

No it cannot ever replay centralized currencies. That would totally cause a lot of chaos for sure. If a decentralized currency like bitcoins become the main currency of a country then it would be in utter disarray because the government cannot control inflation and other factors that are being done to stabilize an economy. Bitcoin cannot be controlled because the market is the one dictating price. There is now way the government change this and will likely collapse a whole economy and send it to a depression for sure if it happens.

[nl247]

With the high level of volatility, I do not see bitcoin becoming the world's currency. However, I see bitcoin being used globally more as a store of value than a currency. Just an assumption though as anything can happen. But using one currency globally? 

[Hazir]

Can bitcoin be the world's currency?

If you want to buy coffee at Starbucks or burger at McDonalds or buying a magazine at a 7-Eleven.
That probably won't happen soon, if ever, not without serious upgrades like LN in place first.
We need to face it - Bitcoin's user experience is terrible and Bitcoin won't be able to confront private payment systems.
Because, frankly speaking public blockchains are slower than private payment systems - which may change in the future tho.

[Colt81]

Can bitcoin be the world's currency?

There is possibility that bitcoin can become our world currency and I think it would happen in the future. In addition to that, we all know that bitcoin is widely accpeted and some people use it to pay their bills and to buy some stuff and in the word you can simply say that bitcoin is also currency.

[zergenyt09]

I think it is impossible if bitcoin becomes money in the world, because it differs considerably from USD which already has unlimited stock in the world while bitcoin has 21 million stock distribution in this world but it isn’t enough for this world and it also has unstable selling price unlike USD which already has a stable price around the world

This is exactly the right thing, the main difference between the bitcoin and the UDS in term of number shared in the world. The number of bitcoin is very limited as we know that there are trillion of USD circulation in the world while the USD production is still continue.

The bitcoin is too tiny to be used in the world population if 10% of the world population start using bitcoin as a currency its price will reach high but as a currency it will fail.

[Rasel5209]

No, most likely it will just become a supreme method for store of value.

I think Ripple, Dogecoin or some of these other altcoins have the potential to be the world's currency, but a world currency will need to be politically backed instead of intrinsically backed like Gold, so who knows which one will win out in the end. 

yea other altcoin give you good profit. I you talk about world currency first you tell bitcoin. bitcoin is all of above. when you need money you can't sell other coin in local market. today bitcoin is most popular in world currency.

[sana54210]

No, most likely it will just become a supreme method for store of value.

I think Ripple, Dogecoin or some of these other altcoins have the potential to be the world's currency, but a world currency will need to be politically backed instead of intrinsically backed like Gold, so who knows which one will win out in the end. 

yea other altcoin give you good profit. I you talk about world currency first you tell bitcoin. bitcoin is all of above. when you need money you can't sell other coin in local market. today bitcoin is most popular in world currency.

Bitcoin is not only single coin that is working in international market. There are many others but bitcoin is above all.
And this highness of bitcoin is just due to the yielding percentage of profit, nothing else make a huge difference like this. Altcoins are there but not so much efficient so yeah bitcoin is there for you on first priority.

On the other hand, there are people who adopt other coins too for long term holding also. We cannot be sure all the coins will be having bright future but compared to any other coins, bitcoin must be the only one cryptocurrency which is having highly speculated bright future.

[Ucy]

World's currency = Main currency of the world?

I think it's possible. Rumors say that an ocult organization wants to control the world and to make it they want to introduce a global currency, a currency that will be used by all countries and by all people of the world, but I'm sure they don't want a decentralized currency to execute this plan. They have two options: Control Bitcoin by regulating it or creating a new Crypto-Currency.

If it doesn't happen as a New Mundial Order, it can happen if many countries unite among themselves having the same ideas about what to do with Bitcoin. So it could become the World's Currency and at same time be controlled by them as it will be regulated.

You get point! Both phrases are clearly not thesame. The phrase '' World's Currency" could Sometimes be mistaken for some sort of imposed global Currency, which it's not. Could simply mean "Major World's Currency'

[Dhaaaw]

It cannot first of all because the amount of bitcoin is finite and you'll need a infinite amout of fiat to create wealth, salaries and economic stability in a country. Secondly bitcoin draws its value from real world money and without it bitcoin would be useless.
So even tho it would be beneficial for the world to get 1 currency and unite our moneytery system to solve world poverty, Bitcoin cant be that union.

[FasTroy]

Can bitcoin be the world's currency?

I don't think that is possible, because every country has that own currency, When bitcoin will be the currency of the world, so the stock market of currencies will close, and it will be more problems in the banks, and bitcoin will be under control by the govermenet which it's too bad for peoples who own bitcoin, It will be ruled by the goverement, so bitcoin will lost his value.

[alfs75]

Can bitcoin be the world's currency?

Yes,why not in this new modern world in technology bitcoin can be possible become the words currency.we know the popularity of the bitcoin in entire world as an alternate of money & gold ,maybe as of now china did not accept bitcoin in there stock market ,and my opinion maybe they did not much understand the value of bitcoin or either they do not want foreign countries to have stock in there economy.but i know someday my vision that when time economy in china will slow down thats the time they need the help of other countries or thats the time they need the help of bitcoin and that time btc is in the maximum level of its currency.

[heraldlazaro25]

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.