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Author Topic: One currency One world?  (Read 1321 times)
amazing24
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December 26, 2017, 02:23:53 AM
 #61

I think it is impossible to have just one currency in the whole wide world. But it is possible if bitcoin is can be use as mode of payment. We can't have the same currency in the different country like for example in the Philippines the Philippine money value is very low than the USD thats why we can't have a same currency. Its just my opinion. Smiley
ajmapalo22
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December 26, 2017, 02:25:01 AM
 #62

Yes I agree bitcoin can really become a main currency that is accepted globally with this new technology of digital currency some countries are now starting to adopt bitcoin though some do not completely go all in with bitcoin still they support the market with some exchanges and banks starting to accept bitcoin, the involvement of online shopping that accepts bitcoin as a mode of payments marks the start of the new era in world currency.
pelipurlara
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December 26, 2017, 02:28:34 AM
 #63

Do you guys billieve that bitcoin will become the only one currency that can use as a mode of payment in the whole world? How is this become posible in the future?

bitcoin as the world's only single currency is very good, but whether it is already supported with their respective technology of the country, but it is very possible because bitcoin is a virtual currency that is in great demand by the global community
zolfa
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December 26, 2017, 02:37:09 AM
 #64

big challenges are waiting for bitcoin in the future, I think, one of the ways that bitcoin can master the world is trying to get through that challenge. so, not easy. moreover today many people leave bitcoin. and bitcoins should try to restore their smiles. and I'm sure bitcoin will rule the world
kiwasmose
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December 26, 2017, 02:43:38 AM
 #65

I don't think so. Bitcoin has to rise to such a position, at least to be recognized by all countries, and many countries are not very supportive of bitcoin. I'm more inclined to be a currency than the dollar. This may be the best result.
cancuncrypto
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December 26, 2017, 02:45:06 AM
 #66

Probably not because competition was always important, so before there becomes one of something, there would need to be some massive corporate and legal battles taking place. Really doubt it.  Cheesy
Asuspawer09
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December 26, 2017, 02:45:26 AM
 #67

Do you guys billieve that bitcoin will become the only one currency that can use as a mode of payment in the whole world? How is this become posible in the future?

Well said for me, one currency one world. The fact that bitcoin is us globally is a great factor to say it is use to transact worldwide. Aside from that it is also a currency for transactions in the internet world. That is why we can coin it an international currency.

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Afnan_faizah
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December 26, 2017, 02:49:43 AM
 #68

Do you guys billieve that bitcoin will become the only one currency that can use as a mode of payment in the whole world? How is this become posible in the future?
No, I don't think so. I guess there are will only two methode of payment. Offline payment which use gold and silver only and online payment which use cryptocurrency only as representation of gold and silver. I am sure that we will not use paper money anymore.

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postokenlover
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December 26, 2017, 02:54:17 AM
 #69

It's not possible. Think about how to accept your electronic money in those backward and poor areas where they don't even have the Internet. In their place, and gold is valuable currency. Bitcoin is likely to be popular in developed countries and regions, and I think the first is to pay for shopping.
wilhb81
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December 26, 2017, 03:01:29 AM
 #70

One currency one world - it's the Utopia's ideal world for sure. However, it's quite a challenging task, because it's going to face many obstacles and difficulties on the way. Beside of Bitcoin, there are still many other alt coins that is more suitable to use as global digital currency (such as dogecoin)

Fiat currency is going to be eliminated sooner or later, just the matter of time...

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InsightCryp.to
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December 26, 2017, 03:02:44 AM
 #71

Do you guys billieve that bitcoin will become the only one currency that can use as a mode of payment in the whole world? How is this become posible in the future?

BITCOIN has established its name. People trust this coin. Like, right now in Japan, they have stores where people can buy using BTC. Countries all over the world will start using it. Not too many people are financially literate nor aware of Bitcoin. People are still curious about it, and the room for growth is still quite high! So, it's not impossible!

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CryptoCoin8487
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December 26, 2017, 03:13:23 AM
 #72

I billieve in that but first i think we have to unite all nation as one if that happen we can use bitcoin or other crypto currency as one mode of payment arount the world. That sounds prety good but it was very very hard to deal with it.

Shrinath
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December 26, 2017, 03:39:58 AM
 #73

The possibility of Bitcoin to be the only one world global currency is extreme and far-fetched. Every country in the world has its own economic setup dictating its own currency. The very nature of Bitcoints to be a decentralized crypto-currency goes against the acceptance as one global currency by the individual governments. To govern a country, they will not naturally accept the decentralized economic freedom offered by BTC and rule out the technology and the capacity for innovations. Even though it has been accepted by a few first world countries in their payment system, there are far more third world countries who need to constantly fight for existence. Hence, BTC is still not accepted there.

Even, in the level of micro transactions it is even more difficult as we can't wait for hours to get confirmation when paying in coffee shop with bitcoin. This concept didn’t really exist before. Presently, it acts more like store of wealth like gold right now. At this level what is required is faster confirmation and less fee might be used as suitable payment method for micro transactions. The pricing in Bitcoin is still too unstable, like any other crypto currency. Hence, to replace dollar we will need a currency that will have a much more stable exchange rate.

The way we cannot believe all humans of the world regardless of religion, race, creed or color to be able to live in perfect harmony with one government that represents the interests of all people equally. Similarly, it is still impossible to believe in the one world global economy (BTC) to replace every individual economic setup.
crypt0holk1
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December 26, 2017, 03:43:36 AM
 #74

I don´t see one token as the "One True Coin" to rule them all. BTC obviously can´t function as a payment for daily stuff and most (all) of the contenders have their problem. I believe in crypto and blockchain, but I find it more likely that we will use different currencies via one/several platforms. Though.. Vertcoin is the closest, according to me, to Satoshis vision of what BTC should have been Smiley
RobertoMakeli
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December 26, 2017, 03:49:10 AM
 #75

Do you guys billieve that bitcoin will become the only one currency that can use as a mode of payment in the whole world? How is this become posible in the future?
I think so early to say that because government will do their best for preventing this happened
crypt0holk1
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December 26, 2017, 04:11:15 AM
 #76

Do you guys billieve that bitcoin will become the only one currency that can use as a mode of payment in the whole world? How is this become posible in the future?
I think so early to say that because government will do their best for preventing this happened

They will do their best Wink
SiDtHeBeSt
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December 26, 2017, 04:54:56 AM
 #77

Bitcoin becoming the one and only currency used for any kinds of transactions in the world? No, it is just not possible, even if it is possible the chance of this to happen would be easily equal to zero. There are more than 180 independent countries in existence in our world and for all of them to accept bitcoin as their currency would not be possible at all. There are some countries which actually banned bitcoins too, so bitcoin becoming the one and only currency is kind of an impossible task.
amishmanish
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December 26, 2017, 05:16:33 AM
 #78

One Currency, One world would be a dream come true for those who wish to tame the world and run it "in the most efficient way possible" for their benefit.

It is important to have diverging viewpoints and diverging interests to keep stuff moving. We need to learn to live together with our differences intact, not by removing those differences and making everything homogeneous.

From how things are going at preset, the most it can be is to be a method of reliable value exchange on a global scale. What bitcoin does is that it enables you to keep something valuable without the fear of being stolen/ compromised. This value stays intact when you cross borders unlike your Zimbabwean dollars. That in itself would solve a lot of problems like:
1. Access to keep some sort of value secure for those fleeing war-zones as refugees.
2. Enable people to keep savings safe from stupid government ideas or plain dictatorships.
3. Enable easier exchange of goods and services within the boundaries of a country and later between countries.

For this last point to come true, we still need a lot of self-regularization (that doesn't seem to be working).
One currency, one world isn't necessarily a good thing.
CryptoWorld87 (OP)
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December 26, 2017, 05:24:03 AM
 #79

Do you guys billieve that bitcoin will become the only one currency that can use as a mode of payment in the whole world? How is this become posible in the future?
I think so early to say that because government will do their best for preventing this happened

They will do their best Wink

I think that was not just the main reason. Maybe its because also of some tradition and also religion they are the one who also prevent. Why we dont have one currency in the whole world.

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mybtcasset
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December 26, 2017, 05:45:28 AM
 #80

Bitcoin is meant for Internet currency and world has us dollar but internet dont have one decentralised currency so Bitcoin was born from Satoshi soon Bitcoin will become Global acceptance currency
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