Bitcoin cannot be a global currency

[Rooster101]

If majority of the governments in the world legalized bitcoin as one their legal tender and businesses accepted it then there is a possibility that a virtual currency would become a global currency. But they to deal with the high volatility and rapid fluctuation on bitcoin and economy might hurt if it suffer a crash. Cryptocurrencies exist only in the internet and are useful in cashless transactions so in the future, a cashless society will finally emerge with bitcoin as their main currency.

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[Begeleon]

Technology believers believe that bitcoin is the mission of decentralization, the future of the world currency.


BTC just need, relative scarcity and the manufacturing cost, nature has the price, the price is the fluctuation, as long as access to the securitization in the human history of human use of the most profound institutional invention, the currency is likely to generate huge profits.


You have a lot of money and you have followers. With followers there is a crowd. The masses will naturally divide.


With differentiation, there is naturally a blank majority. Naturally, there are evil men who have been swindled. Nature has its center and leadership.


This is the history of bitcoin's journey along the way, which is why the BTC creator went to the center to turn the government against the pursuit of liberalism.


But on a philosophical basis, technologists are wrong.


The beginning of human birth is said to be monkeys. No government, no center. No money, no inflation. Government is not the product of power, but the government itself is the product of liberalism.


Because freedom must be evil, freedom itself creates chaos, and chaos leads to the pursuit of order, thus freedom produces power and bad power transition to good power.


In the world of BTC, new centralization has begun:


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.


Like insurrection, it is either extinguished or assimilated into the long river of history.

In future BTC will be globally accepted, i would only take time

[nguyenvanduy151191]

I agree with you that bitcoin will probably will never be the main global currency, but it can replace the current internet payment systems, instead of paying with credit card over the internet that will also require you to reveal your credit card details

[baddertin9716]

Bitcoin can't be the global currency but it will be the future cryptocurrency of the world.

[gurupauts]

I think, if all countries can accept bitcoin then bitcoin can become a global currency so we can use bitcoin in all places, maybe if bitcoin continues to grow and the government also supports it so it can happen

[Ngajim]

Yes I think you are right if bitcoin can not be a global currency because bitcoin is digital currency.
But bitcoin can really help everyone globally because bitcoin give use a lots of opportunity for use to get more money.

[OSEIBOATENG]

I think you have a point buddy and this is because immediately btc becomes a global currency it has lost its ability being a digital crypto. This won't happen since it's not all people who are living in the digital world.

[love728]

Yes u are right but in coming time bitcoin become make global currency.

[bitfocus]

I am afraid that BItcoin will take too long to replace local currencies, you see, people are already used to with Credit Cards, Banking etc. and as Bitcoin is not allowing that lifestyle right now and I see it is not possible unless governments and companies are deep in to bitcoin, so, the thing is, bitcoin will remain as an investment for real long time.

[NavigateSamurai055]

 No one can say it with guarantee that bitcoin can not be a global currency and also can be a global currency but all will admit that it has possibility to be that.

[nyerok]

I think bitcoin can be a world currency. However, Bitcoin is not valid in all countries. But seeing the popularity of Bitcoin,it will be the world currency for a time. And now bitcoin is already popular in the world

[nowbitco.in]

Bitcoin has the potential and the features to claim that spot and be the global currency but the hurdles that it faces are humungous and very difficult to go through

[sunita01]

Bitcoin global currency has been accepted, except for some countries, bitcoin has become famous all over the world. Bitcoin's fame is now being discussed in every country.

[Darling111]

The truth is Bitcoin can never become a global currency because it does not meet the basic requirement of even a suitable currency yet. For it to be a global currency, it first of all has to meet the needs of all individuals in the world. it must also be easily accessible and affordable and tradable for everyday transactions.

[Bitrecords]

We can not completely deny that bitcoins can not be a global currency. For me, this is a global currency, because the currency of one country can not be used in the next country, except for a few currencies like the dollar, euro, etc. With bitcoins it is available in almost every country that already makes it a global currency.

[Spontebob]

I agree with you that bitcoin will probably will never be the main global currency, but it can replace the current internet payment systems, instead of paying with credit card over the internet that will also require you to reveal your credit card details, you can play anonymously with bitcoin.

Fiat defends citizens from them-self, if regular people will start using bitcoin on a daily basis, the chances of them to get scammed is pretty high considering all the scams that are running on the cryptocurrencies market.
Unregulated market is really dangerous for some people, and that's what fiat comes to defend.

Definitely but the fact that bitcoin is getting more popularity these days, it is not impossible at all. Bitcoin is just getting started but who knows..  There will be more improvements ahead and it will increase its capabilities that can help bitcoin to meet the standards of global currency.

[DiabolicAnt]

It is already global, so what are we even talking about? If you're saying that it won't become the only currency in the world, then yes, but the reasons for it are mainly based on economics.

[beami]

Without us knowing bitcoin has become global, many people have used Bitcoin from various countries, and are very famous in the world. Bitcoin has been able to steal the government in parts of the world and will continue to be a pro-contra by the state, but still exists.

[Watukali]

at this time it can't but I believe someday bitcoin will become a currency for the world

[Sam San]

I agree with you that bitcoin will probably will never be the main global currency, but it can replace the current internet payment systems, instead of paying with credit card over the internet that will also require you to reveal your credit card details

bitcoin has shown that it can change depending on conditions as long as it works in the old paradigm, but the various improvements adopted by the community can change its tactical specifications.