Bitcoin cannot be a global currency

[Tinker18]

I agree that bitcoin cannot be a global currency but it could be a global currency if only it is accepted and not banned in any country. We can see that there are some countries that banned bitcoin but I think it is not permanent.

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[Mofazzal840]

bitcoin only digitgal curency not golbal curency
in G20 meet, crypto curency include bitcoin, only digital asset not curency in the world. I think bitcoin may be global currency in the crypto world.       

[AfterHot542]

Yes, it is true that bitcoin can not be a global currency because still it doesn't accepted by globally , on the other hand many country ban it.

[gwapoinside2]

Yes bitcoin will be global currency later  if the country will accepted it and not banned maybe soon not now because other country the cryptocurrience people cannot know the popularity of bitcoin but it will be rise soon and hoping that it will be globaly soon.

[Missterio]

I think that bitcoin is already a global currency. It seems to me that anyone can use it all over the world.

[bluehive21]

Most countries doesn't wont bitcoin to be a global currency and not even to use as a local currency so in a situation like that it is very difficult for Bitcoin to become a global currency because it need to be accepted by majority of governments or people in the world to accomplish such position but many can see that is happening at the moment but not in an effective manner but I hope there will be a big difference we would see quickly with more investor attraction from the rest of the world     

[beezunus]

currently bitcoin may have become a global currency but only for certain countries and certain people because not all countries can accept bitcoin and not everyone knows bitcoin, so in my opinion it might take a long time to make bitcoin truly a currency global

[canej]

Bitcoin can become a world currency, but for this it is necessary that there is no division into the state, because bitcoin acts within the framework of one system.

[ikealyou]

Global mining is concentrated in the hands of a few. The maintenance and development of bitcoin is concentrated in the hands of few digital farmers. The influence of virtual currency is concentrated in the hands of a few big v.


They are the new army, the new bureaucracy, the new emperor. Are these people trustworthy?


The emergence of BTC is a technological advance in the history of human currency. It makes up for the deficiency of the existing monetary system and should also promote the reform of the existing monetary system.

IMO, Bitcoin cannot become the future global currency because of its consensus mechanism, Proof of Work.

Despite if the current state of POW mining is concentrated or otherwise, it is too easy for any one of G20 to convert nuclear power into electricity and destroy the whole POW network. Moreover, G20 can be incentivised just to protect the value and liquidity of their fiat currency.

In this case, POS seems to be more secured when it comes to protecting the network from G20 attack.

[jhony525525]

Soon we will see that bitcoin will be global currency and globally bitcoin will be used for payment system and i hope that in the coming months bitcoin demand will be more rise.

[SuperMario987]

I think bitcoin will be the global currency that will replace fiat money in general ,world's progressively increasingly sophisticated and digital money like this will be a new foundation of life for the existence of expenditure in the global market ,public interest in cryptocurrencies is increasing and with the process bitcoin will be the number one currency and only bitcoin that can compete in the market ,My thinking started to differ

I agree with you my friend, I think bitcoin will be the global currency

[EoNs_COIN]

it can not anytime soon but it has the potential to become so over years and years

[Ezenwanyi]

I think bitcoin can assume the position of a global currency just like the usd considering that it is an effective and efficient payment system when compared to the traditional payment system .

[QuppyTeam]

Unfortunately, it can’t be a global currency because there will be always those people who will be against it and will never switch from fiat

[erifubirugen]

I think it can be the the world cuurrency, it has to be actually. I think all the world ready for the cryptocurrency revolution and it has already began for me. I haven't imagine this time in the world, even there was no mobile phones when i was young, so this change is huge but i accept it for sake of the world..

[kerzhake]

it seems to me that bitcoin is a very slow and very high cost transaction in his network in order to make it a world currency

[BlackHills41]

Why bitcoin can't be a global currency only because government are still not accept it but imagine when every country accept it and start using it fluently then it will obviously become the global currency.

[Kamote_1102]

In order for Bitcoin to be a global currency, it needs to accepted by all Countries. We all know that some Countries are not legalizing Bitcoin. as for now, it's far from happening. maybe not in the following 2-5 years. But, who knows? maybe the World will adapt in Bitcoin faster than we expected.

[ZazaG7]

The dithering of the administration to give bitcoin time to be aggressive in the worldwide money field is its decentralized element. They fear cash they can't control or they can't benefit. On the off chance that this can be change or if nothing else somewhat support them as a government official fiscally, a conceivable discusses worldwide money is close. This is incomprehensible in nature and would the network will permit it. Who knows!

[nazaididuan1]

The stability and legitimacy of Bitcoin is now difficult to guarantee.
When the price of BTC tends to be stable, most countries in the world accept BTC, maybe BTC can become a common currency!