Bitcoin cannot be a global currency

[JuliusJosh]

Things have happened in this earth hitherto not thought of or conceived. No matter the theory or postulation used to explain this we all could be wrong or right. One thing is important to note, there will surely be a global currency in the near future, maybe it's is going to be virtual or not remains to be seen.

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[xysheeh03]

In my opinion, bitcoin might be a currency in the future besides we are using it after we get bitcoin online and convert it to our currency, however in this time we are not yet using bitcoin as currency since we have different types of currency around the world. But bitcoin i think will be our future currency globally around the world but only through online excanges.

[napoliground]

Unless the government stops banning bitcoin all over the world, bitcoin will become a global currency

[airdnasxela]

Well, from my own perspective,  I think it is really so hard for bitcoin or to any cryptocurrency to be a global currency or to be considered by the world to be a legitimate currency. It is because for a currency to be considered as a global currency,  there are many technicalities that needs to be considered. Also,  there is no governing body or country which will adopt bitcoin as their currency. It is a long way to go and is really hard for it to be achieve, but who knows? Bitcoin uprising is also not expected to happen but look at bitcoin now?

[saruxanyan]

that bitcoin will never become a world currency, it's a fact, but the fact that with the help of bitcoin it will be possible to purchase and pay for goods all over the world, this will be a fact.

[katarin2030]

Unless the government stops banning bitcoin all over the world, bitcoin will become a global currency

This is one of the main reason why bitcoin is still not a strong force across the globe in terms of global currency, bitcoin has to get a nod from the government then it could become a global currency.

[thangthoa]

The future of world currency is certainly bitcoin or not. All is just speculation. However, in my opinion, the future bitcoin will be the world currency

[bbs98]

Bitcoin that is not affiliated with a country, in my opinion, is very likely to be used as a world currency for trading. Without any affiliation, the influence of a country's situation to the value of Bitcoin will be very minimal, so Bitcoin will be more stable in exchange rates.

[suse100]

Bitcoin will not be a global currency in the near future. Too many countries are not ready to accept bitcoin as an official option of making payments

[washing.machine]

Bitcoin that is not affiliated with a country, in my opinion, is very likely to be used as a world currency for trading. Without any affiliation, the influence of a country's situation to the value of Bitcoin will be very minimal, so Bitcoin will be more stable in exchange rates.

Yes, I agree with you. Because world trade that uses the majority of USD makes USD very valuable and gives benefits to the United States, at least in the form of influence to other countries. But, the dependence of world trade on USD is not yet ideal. Because USD is the currency of a country, where if something happens with that country automatically the value of the currency will be affected.

[banoi]

The world will be more advanced if the virtual currency is applied to the transactions. However, one of the biggest concerns is security

[1kings]

BTC has the potential of a global coin. But it may not get a widespread use. Other coins will fill in the gaps.

[renc77]

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.

Indeed, that bitcoin will presumably will never be the fundamental worldwide money, however it can supplant the present web installment frameworks, rather than paying with charge card over the web that will likewise expect you to uncover your Visa subtle elements, you can play secretly with bitcoin.

Fiat shields subjects from them-self, if normal individuals will begin utilizing bitcoin every day, the odds of them to get misled is really high considering every one of the tricks that are running on the digital forms of money showcase.

Unregulated market is extremely risky for a few people, and that is the thing that fiat comes to guard.

[Falmera]

Of course, 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.Only the bitcoin has been known in all the countries, which could not make any other coins.Everywhere they are Bitcoin,world Currency Will be.

I agree. There is a higher chance that bitcoin could be a global currency. It is the most popular crypto currency of all. It is also the most reliable and most trusted.

[fishball]

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.

I guess, being dominant world currency is too much for bitcointoo handle. Like, we all know that not all countries are accepting bitcoin. As fiat money, bitcoin is still not a good idea. BUT, being the global internet or digital currency is of its strong suit. So for me, it should just stick on being a virtual currency which will help fast transaction in internet.

[mandoseran]

yes i really agree. according to me it is not suitable as a currency i would rather consider bitcoin as a digital asset. in my country also bitcoin is not considered a currency but as a digital asset

[Rustandy]

Because it does not have an underlying basis. This is different from the money that is generally used today. So the currency or currency is backed up by trust. What is it for? Trust in a country's economy. In short, if the economy improves, a country's currency strengthens. This is very different from bitcoin which has no basis for judgment. That is not to mention its very volatile value so that bitcoin does not qualify as a currency.

[djcounter]

Bitcoin for being able to be popular like Fiat currencies,
needs to be stable rather than sharply changed.

[kapitansugat]

Yes. It can't be, unless all countries would permit to be so.

[artichandra]

It will be hard to make bitcoin as global currency for now, because it's fluctuation make people thinking twice when they want to do transaction. it is better to make bitcoin prices more stable if people want bitcoin to be global currency