Bitcoin cannot be a global currency

[Jamota459]

Bitcoin can become global currency if the price keep remaining at confidential rate

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[M7MMike]

It can surely be a world currency and be a good one and convenient for everyone.

[Slavyanskiy]

I think Bitcoin can become a world currency. Just to do this, it will need more time.

[Anait]

Already it is a global currency with its anywhere accessibility, compared to more other cryptocurrency that were available for us to use in everyday life. With bitcoin the global usage keeps on increasing, and when more and more people adopt bitcoin the usage will increase drastically.

[staineddreserved7]

To spend the bitcoins, you will firstly have to buy it and then only spend it.

[MacStone]

Maybe it needs to be improved by a little bit more, but let's all talk about it seriously, it can easily be one of the main revolutionary currencies of all time after the United States dollar.

[zwiggel]

Bitcoin price fluctuations and other virtual currencies have made it the topic of the World Economic Forum this year. In the forum, the leaders of countries, economists and CEOs have reached consensus: Virtual money like Bitcoin will never be as effective as the dollar or yen in the real world. So bitcoin will never become global currency.

[wengden]

As of now we can say that btc cannot be used as global currency. Why? Because there still so many country that is against btc. If time will come and all of the World mostly the powerful country will agree to btc, then thats the time btc will become a true currency.

[koreano111]

In my understanding, Bitcoin is already banned in some countries. Therefore, it will never be accpepted as a global currency

[previouslyabused]

Even it is becoming more and more popular all over the world but if you want to make it become globally, first it must be accepted by the government

[cabitu]

If the governments of all countries in the world acknowledge and the use of bitcoin is permitted by governments all over the world, then the possibility of bitcoin will be a global currency, but I see it is very difficult, given the nature of bitcoin and its unstable price, there must be countries that legalize and there are also those that prohibit the use of bitcoin.

[crazymelons12]

Though bitcoin is volatile for now but I believe time will come when bitcoin will be stable and can then be used to be a currency. With respect to banning by countries, it may be just temporary as I have seen that some countries are now opening their doors to bitcoin and other cryptocurrencies.

[KKH84]

For now you may be right, but I have my own thoughts that
In my opinion, the largest export of the United States is US Dollar (USD). World trade that uses the majority of the USD makes USD very valuable and gives benefits to the United States, at least in the form of influence to other countries,Dependence on world trade in 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,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.

[biskitop]

it's hard to make it a global currency. because all countries in the world may not accept bitcoin as the primary means of payment. after all, now bitcoin has not been accepted as a legitimate digital asset by all countries in the world.

[idelawire]

Bitcoin becomes a global currency or some other currency becomes a global currency is not important.. Till the time any digital currency becomes a global currency, the world will be a better place

[chibimanau]

It is difficult to know in advance what will happen in the future. There are already many companies that have accepted Bitcoin in their payments. In my opinion, Bitcoin is likely to become a payment instrument in the future. It may not be the main currency, but it will be used in parallel with the current paper money.

[xamxam]

Well i think it is only now, but soon they will become a global currency because this will become interested for those country who are not yet accept bitcoin when they see the good effect of it to the country where the bitcoin is legally adapted. Bitcoin has a big effect on every individuals life whether they buy bitcoin or earn from it.

[Suketlapangan]

the problem of bitcoin money which becomes a global currency in my opinion could happen in the future, because there is nothing impossible in this world, what is more, the future of advanced technology is growing, it is impossible if digital money is not needed by everyone in the world .

[Ishiro5]

In the real sense of it no one can completely say it will or it will not. But only time will tell, though we seem to be more disposed to that as a community.

[bananaohnana]

Obviously, Bitcoin can be a world money. Notwithstanding, Bitcoin isn't substantial in all nations. In any case, seeing the prominence of Bitcoin,it will be the world money for a time.Only the bitcoin has been known in every one of the nations, which couldn't make some other coins.Everywhere they are Bitcoin,world Currency Will be.