Cryptocurrency

[katrimans]

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

It could happen if the world's population has cryptocurrency, so they receive payment with cryptocurrency, and with it the cryptocurrency can be a global currency.

There is huge possibility that Bitcoin will be the future crypto currency with a legal trend and if legalized by all the countries across the world, it will have tremendous affect on the demand of US dollar. The demand for USD might decrease and it might even outshine it but that will be long from now.

Right now, what the government needs to do is to advertise the crypto so that people come to know about it as another mean of earning and enable people to know how to earn in crypto like Bitcoin.

[allaking]

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

Yes it could be but the only problem is the government inability to control cryptocurrency.

[finlandais]

Yes cryptocurrency can become a universal means of exchange because almost all countries are declaring it legal and people are using it with great ease.People are getting attracted towards it because of its uses and advantages.But because their is no way to control it ,so this can create a problem.But as far  we have seen the improvement in cryptocurrency, we can say that it has the potential to become a universal mean of exchange in future.

[feverpitch]

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.

It is a very good idea. You need to study the past of this currency and invest in it. For some period of time, you can sell all convert into some other.

[HiringYou]

Many countries are aiming to be digital now a days so surely the chances are high for cryptocurrency to become universal means of exchange in the coming future.No doubt that it is difficult for them to replace fiat as fiat is being used by people since many years and it is difficult for cryptos to gain the amount of trust that fiat has but cryptos have their own features such as cheap and fast transactions within and outside the countries,profitable investments,security etc.So according to me crypto will be as popular as fiat in the future and will work hand in hand with fiat.

[TheNotoriouss]

I remember that I read some article and there was stats that physical money is less that 5% probably from all existing money. So it really depends from

blockchain enthusiasts right now, we need from them more work on all fronts. Who's investing in ICO this month, or may be august? Have you heard about

upcoming Kelvin Blockchain if yes, then answer.

[JohnWick_Bitcoin]

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

It can become universal currency if every government in the country will allow bitcoins to be used by different people in their own community, so it was possible in the future.

[Masleo]

Nothing is impossible the possibility is always there. When it is felt cryptocurrency is more reliable, flexible, effective and does not take up a lot of resources, then in the near future it could happen.

[paynercash]

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.

It is a very good idea. You need to study the past of this currency and invest in it. For some period of time, you can sell all convert into some other.

The transition in cryptocurrency takes place very quickly and effectively so nothing can prevent investors from investing in this market. I think this is just the beginning of an extremely cryptocurrency market in the future.

[Limar0]

Cryptocurrency remains a digital currency all the way through and can never replace our regular currency or fiat money. Anyway, bitcoin can also be used globally like our regular currency but it is only limited since only a few merchants are accepting bitcoin as mode of payments or for purchasing good and services. Unlike our regular bitcoin can never have its physical appearance but as what I've said can be used as an alternative for payments to some merchants who accepts bitcoin.

[Sled]

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

It can become universal currency if every government in the country will allow bitcoins to be used by different people in their own community, so it was possible in the future.

Of course it is possible for the cryptocurrency to become universal as a currency because we all know that it is the future of the currency since we are now entering into more advanced era because of the technology and that will just become the reason why the government will adapt and implement it to their countries.

[mung_nasib]

Because now governments in a country tend to prohibit its existence, it is becoming increasingly difficult for bitcoins to make the means of payment in the world but with the many enthusiasts must be a bitcoin opportunity to show the best quality is still wide open in the future.

[Raiden0729]

Truly, it could be and it is conceivable to happen. As of todays age bitcoin cryptographic forms of money is sanction and surely understood everywhere throughout the world. All things considered it could be all inclusive and a meduim of trade. We are exceptionally happy to meet bitcoin world in light of the fact that the digital currency has a greatest esteem and it could likewise be changed over into genuine cash eventhough it is virtual cash.

[Baronggot]

Only when the whole world will offer a wide open arms for cryptocurrencies should it become a global means of exchange. But for now, that's way far from reality yet as bitcoin is also struggling to get up and beat its highest market price ever recorded.

[Nolimitz84]

Now there is a period of globalization.Cryptocurrency will be a universal means of exchange that will be used by many countries.Cryptocurrency is the future on the threshold of which we stand.

[KenChanYu]

Now there is a period of globalization.Cryptocurrency will be a universal means of exchange that will be used by many countries.Cryptocurrency is the future on the threshold of which we stand.

Cryptocurrency is a kind of digital asset designed to work as a medium of exchange that uses secure network for safer transactions. It uses decentralized control as opposed to centralized systems. It can be used to buy things electronically. The system does not require central command, or large bank can’t control our money.

[ngamuk tok]

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

could be, now has many ATM bitcoin gtersebar around the world.
and also has many stores that accept payments with bitcoin. it is not impossible that bitcoin will replace the current currency.
because bitcoin is different from real money, you just need to travel with smartphone. and security issues of course bitcoin safer...

[3la9l_kolbaCa]

Now there is a period of globalization.Cryptocurrency will be a universal means of exchange that will be used by many countries.Cryptocurrency is the future on the threshold of which we stand.

Cryptocurrency is a kind of digital asset designed to work as a medium of exchange that uses secure network for safer transactions. It uses decentralized control as opposed to centralized systems. It can be used to buy things electronically. The system does not require central command, or large bank can’t control our money.

Cryptocurrency is constantly making noise from across the globe, opening great opportunities, and changing the quality of life. Nowadays, it has become a global phenomenon and is very known to most people. It is independent of any central authority, so people have hold with their own asset. Though other people have limited knowledge about the decentralized nature of cryptocurrency, I still trust its potential that it will be widely-accepted and be widely-available.

[heartwreck]

Cryptocurrencies is easy to exercise, it is very accessible. Time saving and convenient to use.

[Surge_Dev]

I am so glad that i live in the era of such smart technologies which give us a chance to enjoy creative solutions. I think that crypto will be the most convenient and safe method of payment. A lot of large companies have started using crypto