Cryptocurrency

[Zentor]

Yes, I don`t think that world economic can evade this. It could be realized by choosing one cryptocurrency in which you could easily convert other currencies.

[1715519187]

1715519187

[unneros]

Cryptoncurrency is the new trend of economic of the world.

[helen28]

Yes, I don`t think that world economic can evade this. It could be realized by choosing one cryptocurrency in which you could easily convert other currencies.

You are right, especially when you are a traveler which bringing a large amount of money was sometimes not allowed in other countries, so it is better to have a bitcoin exchange anywhere in the world that we can exchange for a dollar or with their local currency as possible.

[viacoininfuse]

Bitcoins are not safe as the fiats which have so many middleman and so many paper records of even a cent transaction

[nilstairs2]

Are you giving idea on how to ruin the stability of global economy in a single run?

[denyfirmasyahputra]

Can cryptocurrency become universal means of exchange. I mean can it be a global legal tender like the physical money

I don't think that's possible because we know there are various characteristics of the digital currency that the government can't accept as the digital currency has legal legality.

[Haterstestbtc]

Can cryptocurrency become universal means of exchange. I mean can it be a global legal tender like the physical money

In the future, if the world government accepted cryptocurrency, it would be a major turning point. Cryptocurrency accepted as a form of payment that can cause paper money to disappear and banks may end.

If only government will use their resources effectively without losing anything, then there will be not much problem. having this resources will not overuse any or will not left out something.

Well, in means of global exchange i think cryptocurrency are not qualified to tender in physical money as valid currency towards the economic stability at this moment because government and a country has insufficient resources to cover up the lacking budget to developed in this new sets of currency.

[goldade]

Can cryptocurrency become universal means of exchange. I mean can it be a global legal tender like the physical money

There is no way possible that cryptocurrency can become a global legal tender like the physical money.
First and foremost, cryptocurrencies are decentralized and are not owned by any of the world's government.
Secondly, physical money is only tenable within its country of origin whereas cryptocurrencies are not like that.  They are not restricted to the borders of a country.
Thirdly, cryptocurrencies are digital currency and can only be used when there is access to the internet. The government of a nation has to provide internet services for all its citizens if there would be a the use of digital currency in such country.

[Jicokh79]

I think it is the form of replacement for the payment Gateway other online. fast and secure placed leading to the user to everyone invest more

[maculeth]

Can cryptocurrency become universal means of exchange. I mean can it be a global legal tender like the physical money

it will be a little difficult to cover all the countries of the world, probably only in some countries. each country has a different angle of view of bitcoin, so it's hard enough for bitcoin to be universal means of exchange, because there are definitely some countries that do not approve it.

[shezu007]

It is extremely unlikely conceivable that digital currency can turn into a worldwide legitimate delicate like the physical cash. As a matter of first importance, cryptographic forms of money are decentralized and are not possessed by any of the world's administration.
Besides, physical cash is just valid inside its nation of birthplace though cryptographic forms of money dislike that. They are not limited to the fringes of a nation.
Thirdly, cryptographic forms of money are advanced cash and must be utilized when there is access to the web. The legislature of a country needs to give web administrations to every one of its nationals if there would be a the utilization of computerized money in such check

[terlesbogli]

Cryptocurrency is digital form of currency that is being used increasingly all over the world. If compared with the current traditional fiat currencies system a cryptocurrency is far more efficient in terms of usage and transaction costs. The first cryptocurrency to begin trading was Bitcoin back in 2009. Sinces then we have seen numerous cryptocurrencies being created with new algorithms with longer or shorter block times and overall behavior changes to better suit a future economy.

[Oggy Pogi]

Can cryptocurrency become universal means of exchange. I mean can it be a global legal tender like the physical money

Possibly cryptocurrency can be because as for now, I am seeing that many people are now recognizing and appreciating its worth when it comes to usage that it was already been used in some parts of the world. Since it was generally being generated and operated in an online basis, the spreading and implementation of cryptocurrency usage will become much easier and faster so the exchanges that will go through it will just take a moment and its done.

[coinfinger]

Can cryptocurrency become universal means of exchange. I mean can it be a global legal tender like the physical money

It is possible, as we can see some other countries welcomed cryptocurrencies. To become it universal, just like what I said only some other countries didn't banned crypto like bitcoin and that is the problem. Everyone should unite first in terms of this aspect.

These are getting very popular as this is a time of digitisation and cryptocurrencies are in demand.These are very easy to operate and just require an internet connection.You can carry as much as money in the form of cryptocurrencies.You just need to have a wallet in which you can store these virtual currencies. Cryptocurrencies are an easy way to earn money and that too in a short period of time.Investment in these cryptocurrencies is also very profitable and gives a huge amount of profit margin.

   Tosin12 crypto-currencies are already universal means of exchanges! They are
already legal in some countries, in future it will be legal globally!
   @minajeryll that is more then possibility in my opinion. I except that to happen
in some countries slower then others, but spreading will be finished once when
crypto-currencies are legal in every country. World will unite one day under one
flag.
   Xenoph0bia you talk about facts. Crypto-currencies are getting very popular, they
are easy to handle and use for anything, you store them as you like, you do not need
banks or some other services. They are profitable for people who joined I'm early stages,
I think we, people on this forum, are one of this people, we have a chance, will we use it?

Brother this is much detailed comment you just wrote and the crunch, what I found in it, yes, crypto currencies are being popular throughout the world. Either it is a first world countries or second or third, people are searching for better coins, the affordable, the lenient and helping etc. Like any actor or actresses, these crypto currencies are digging their places in hearts of public.

[jayhawk1]

Bitcoins are not safe as the fiats which have so many middleman and so many paper records of even a cent transaction

Bitcoin and other crypto coins are very much safer than any other regular currency but only when you have kept your private key safe. In case someone else gets to know your private key, then all of your coins will be compromised and that you will be left with nothing. However, investing in crypto currency is the best thing to do as it can multiply the money which you have invested.

[loftyboliv]

It cant be because it is not a solid matter like fiats nor we can see it, so how can it be global issue?

[South Park]

Nowadays cryptocurrencies are being used only for investment and fund raising purposes but i am sure that they are going to be an alternative to cash money soon. There will be a total of three options for shopping payments. cash, creditcards, cryptomoney...

That's true, This technology of paying using digital money it developed too much in the last few years, There is a lot of people use cryptocurrencies today for different purpose, one of them, is an investment. I think there is a high percent of people who use cryptocurrencies for investment, because they feel that bitcoin price will increase too much in the future, so they take the opportunity to buy more when bitcoin price drop.

While it is true that the most spread use of cryptocurrencies is as an investment, cryptocurrencies are first and foremost a currency and if the cryptocurrencies are not used like that then those cryptocurrencies are nothing but speculation vehicles which is why most altcoins are never going to succeed since the only use they have is to try to make money for the developers and for the investors.

[decoder88]

Can cryptocurrency become universal means of exchange. I mean can it be a global legal tender like the physical money

Yes it might be happen but in some cases other countries do not offer a Cryptocurrencies or some are banned due to lacks of support or they are not trust Cryptocurrencies as basis for transaction. As an advice, it is better to stay safe in the country that are legally offer a Cryptocurrencies for you to have a good investment and far from penalties.

[Choyor]

Can cryptocurrency become universal means of exchange. I mean can it be a global legal tender like the physical money

Yes, it can happen if all countries support the existence of Bitcoin so many business developers use Bitcoin as its transaction tool, because as we know if the life of a country's population is set by the country itself.

[nebuch]

It takes time before it will happen for there are more important issues than crypto. As a matter of fact there are rumours that bitcoin should be the major exchange of everyone transactions all over the world. Let us see for another time of crypto maybe we can see this things sooner if the improvement will become massive and accepted worldwide.