Ayush rana
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September 24, 2017, 12:51:33 PM |
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In my opinion if all countries accept bitcoin and starts using it. Then it may happen that Bitcoin can become a common currency like Euro, and that helps in the easy financial transactions between two different nations.
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Cocobrayy
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September 24, 2017, 01:29:26 PM |
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Can bitcoin be the world's currency?
Actually Bitcoin has become one of the world's currencies, If indeed it has formed a consensus between Bitcoin users and governments of countries in the world. because bitcoin has a certain value, and bitcoin that is not affiliated with a country in my opinion is very likely to be used as world currency for trading. Without any affiliation the influence of a country's circumstances to the value of Bitcoin would be so minimal that Bitcoin would be more stable in its exchange rate
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ocid
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September 24, 2017, 01:56:36 PM |
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Can bitcoin be the world's currency?
I do not think bitcoin will be the world's major currency, because every country has special rules on its government. bitcoin has its own role with the popularity of bitcoin can be used in all countries that have internet services for the special purpose of making it easier for its users to make transactions.
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Aizhen05
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September 24, 2017, 02:06:07 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. for being the worlds currency there is no doubt on it because it can be
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Peashooter
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September 24, 2017, 02:15:38 PM |
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Can bitcoin be the world's currency?
Well, there is a possibility that bitcoin become world currency. In addition to that, as of now it is also consider as a currency because you may use it in different kind of transactions. It is widely used in other country. Lastly, I hope it will become world currency because it is acceptable in some transactions.
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ajiejot
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September 24, 2017, 02:21:23 PM |
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For me , there is possibility that this will happen, why not?. But government itself will reject this maybe, because of tax. Bitcoin can be world currency maybe after 10-20 years from now. We cannot predict it, since it is decentralized. But for now, we need to keep our bitcoins , earn and hold it for the future.
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batang_bitcoin
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September 24, 2017, 02:24:38 PM |
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Can bitcoin be the world's currency?
Why not? We are in modern days now and people wants to have one currency and so that transactions can be done easily. For example, if you are a traveler and you don't want to have some hassle by converting your dollars into some local currencies because the value are changing due to inflation, market demand, stock exchange and other stuffs. But if you have bitcoin and it's widely accepted, it's a good travel right?
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Rent this sig space so that BTC goes to $100k.
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ropyu1978
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September 24, 2017, 02:28:30 PM |
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Can bitcoin be the world's currency?
for now it is impossible. for many simple reasons, the number of countries that prohibit the circulation of bitcoin in the country. but not all countries, there are many countries that legalize it. back to topic. it all depends on the decisive future. may happen in the future, I dont know.
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senne
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September 24, 2017, 03:22:10 PM |
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Can bitcoin be the world's currency?
I don't think so, Because currently there are 123 democratic out of 192 and all the leaders accepting one currency can't be established because everyone vary in their point of view and having a currency at word level means power in the hands of few people which can later on exploit the people according to their wish. So bitcoin or any other currency cannot be at world level because it is nearly impossible for every country leader to have a same point of view and to agree with each other.
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DewiKirana
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September 24, 2017, 03:39:12 PM |
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I think bitcoin can not be used as world currency because bitcoin value is not stable. This will make it difficult for all countries to make bitcoin as the world currency.
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kijaki
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September 24, 2017, 03:44:45 PM |
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I think similar to the other posts. Bitcoin is not stable in its value. Another reason: transactions are not very fast. I am a little bit disappointed, since more countries seem to disallow bitcoin.
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bitbunnny
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WOLF.BET - Provably Fair Crypto Casino
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September 24, 2017, 03:48:47 PM |
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To my opinion Bitcoin already is worlds currency because it's used everywhere where people have Internet connection so in theory it could be used in every country in the world without limits. But Bitcoin will never be official currency in any country in the world because it can't replace the fiat currencies and change the basics of worlds economies.
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TrumpD
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September 24, 2017, 03:49:43 PM |
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bitcoin does not need to be a worldwide currency to legitimize itself. As far as enough people use it to keep things ticking over nicely, then no problemo. The closest we have to a worldwide currency is the usd.
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kucritt
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September 24, 2017, 03:58:54 PM |
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right now bitcoin is world currencies. you can use bitcoin in all country that don't banned bitcoin, but in some country bitcoin is doesn't have clear status, its mean that country dont banned bitcoin and dont make policy that bitcoin legal. so in that country you can use bitcoin freedomly
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olubams
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September 24, 2017, 04:00:10 PM |
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There is really nothing impossible in this world. The route to it might be makes it seems impossible but with faith, tenacity and dedication in no time, it becomes possible in our own eyes and this can be likened to bitcoin which has surpassed several obstacle in the past in which people have casted doubt on its possibility but eventually, it's made possible because of the calibre of people it has been able to attract.
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supto005
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September 24, 2017, 04:15:53 PM |
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Can bitcoin be the world's currency?
Do you know what's means World's currency? it's means that Main currency of the world. Basically, i think it's may not possible baceause of it is not centralized. It's have not any fix price i mean it's always Up & Down. The Best thing about currency it's physical money but Bitcoin is a Digital currency as well as Virtual coin which haven't any physical money.
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micher143
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September 24, 2017, 04:26:34 PM |
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Can bitcoin be the world's currency?
The concept of bitcoin on becoming a wolrd currency is quite a big thing if you would consider its price and system. Yet , it has a possibility to achieve it. But for me bitcoin don't need to become a world currency hence, it much more need to become a universal currency un any type or form of transaction in the world. Having the ability to adapt is better way for it to deal with more people and to have bigger community of bitcoin users.
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baundul
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September 24, 2017, 04:39:22 PM |
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There are several features of the world currency. It's no longer in BTC. Such as notes, liquidity, customs in the country, reserve, preservation etc. So now it's not possible!
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Kimi80
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September 24, 2017, 05:05:16 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. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Hehe you are right, it is close to world currency looking from that point of view, but we still need to exchange it into dollar or some other currency so we could buy stuff. Very few places in the world allow that kind of transaction, i hope it will be more of that in the future. To buy or sell something in agreement with another person it works great and we can named it as a world currency already
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longpro098
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September 24, 2017, 05:51:38 PM |
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many people believe that bitcoin will become our world's currency and I believe it will happen in the future. In addition, it can happen because it is now widely accepted in some countries and they also use it as money they use in different types of transactions.
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