SO CLOSE

[aso118]

I feel like even though the price of Bitcoin has been on the down fall I feel like Bitcoin is so close to becoming the worlds leading currency. I can see it, however I feel like it takes some kind of major event for it to get over the hump. I know this sounds messed up, but I feel like another financial crisis would  help out bitcoin make that leap and make people trust the currency more. Another thing is retailers and their acceptance of bitcoins. If Amazon, Walmart, Target etc. started to accept Bitcoin as a valid currency, the currency would become more stable and attractive to consumers. What do you guys think?

It won't be so easy. Fiat currencies have governments backing them, governments have armies at their beck and call. The US government has in the past outlawed the private holding of gold. Similarly, you can expect other governments to use all means at their disposal to prevent an alternate currency from flourishing.

[Washball]

Bitcoin will become the world's leading currency, but it will take some time. In countries like Japan it already is an important currency and more countries will follow. And indeed, many shops are beginning to accept bitcoin as a payment.

[Wexnident]

I feel like even though the price of Bitcoin has been on the down fall I feel like Bitcoin is so close to becoming the worlds leading currency. I can see it, however I feel like it takes some kind of major event for it to get over the hump. I know this sounds messed up, but I feel like another financial crisis would  help out bitcoin make that leap and make people trust the currency more. Another thing is retailers and their acceptance of bitcoins. If Amazon, Walmart, Target etc. started to accept Bitcoin as a valid currency, the currency would become more stable and attractive to consumers. What do you guys think?

Yes I think it will possible to happen but maybe it takes time and this could be the hard things to do because for now there are many countries that still not yet adapting bitcoin and other crypto to their country so it's very hard to implement that project or platform worldwide. But I think maybe after 5-7 years it will be happen, well it's always depends on the market situations and in the government of many countries.

[vicvicto17]

Okay Bitcoin is gaining popularity and blockchain is on the mainstream adoption so in the future we could see that we will have one big nation or one world order, One currency in different countries. This will be happening soon.

[gantez]

What it will take is government making a strong statement on its acceptance, adoption and usage then we are going to see the coin flying once that happens.

[vergel24official]

Correct me if I'm wrong, but in order for something to be a currency, people actually need to spend it. NOBODY spends btc right now. People just buy it with fiat currency and assume it will increase in value so they can sell it for more fiat currency. Bitcoin is the opposite of a currency in that people do not use it to buy anything and in order to use it in 99.9% of the real world, it must be converted into fiat currency.

[boboking]

No we are not close, Bitcoin is not yet recognized by all countries and sad bad true Bitcoin users are just the minority. Only 1% of the population use Bitcoin. If we want Bitcoin to be number one we need to see a less volatile price, we need to see more entrepreneurs willing to accept Bitcoin as a payment and we need to see more people who not buy Bitcoin because of profit they can gain  but buy because of its usage.

[Hazaki]

Bitcoin will become the world's leading currency, but it will take some time. In countries like Japan it already is an important currency and more countries will follow. And indeed, many shops are beginning to accept bitcoin as a payment.

Bitcoin can't become a world currency due to it's limited number , but it can make it easier for cryptocurrencies to get more introduced and adopted in market and companies such as payment methods , in order to get a world currency we need a currency that acts like fiat money and that ain't limited by number and doesn't encounter as much fluctuations as bitcoin does , because regulating prices won't be easy with such a currency .
Many companies have already accepted bitcoin as a payment tool and other countries are already fully using Emoney as their payment method , which is known as "cashless society" , the cryptocurrencies are the future and the sooner we adapt with them the better .

[Joyawan13]

actually it is what many people want, bitcoin will soon be accepted into the first digital money in the world, but for me it is not easy for local authorities to accept and legalize bitcoin, and now there is a government that has legalized bitcoin and making bitcoin to be used to buy goods or something just exist in certain countries,

[cyberkuto]

I feel like even though the price of Bitcoin has been on the down fall I feel like Bitcoin is so close to becoming the worlds leading currency. I can see it, however I feel like it takes some kind of major event for it to get over the hump. I know this sounds messed up, but I feel like another financial crisis would  help out bitcoin make that leap and make people trust the currency more. Another thing is retailers and their acceptance of bitcoins. If Amazon, Walmart, Target etc. started to accept Bitcoin as a valid currency, the currency would become more stable and attractive to consumers. What do you guys think?

Indeed.  Gradually,  bitcoin will be known globally. I takes time, but that way bitcoin reach it's position now are technically amazing.  Time will come,  bitcoin would be a leading currency as many investors invested on it, gradually will be number and trusted leading currency.

[ranochigo]

Bitcoin cannot be known as a global currency as of yet. Even if Bitcoin does indeed grow exponentially, it is not indicative of its status as a currency. Many countries still do not recognise Bitcoin as a legal tender and it is unfair to call something a global currency if it can't be used anywhere. The adoption rate is way too low.

Even if Amazon accepts it, that would just be a single corporations and it doesn't mean everyone would use it.

[Zandra]

Bitcoin will become the world's leading currency, but it will take some time. In countries like Japan it already is an important currency and more countries will follow. And indeed, many shops are beginning to accept bitcoin as a payment.

And also there's government in many country are prohibited to used bitcoin and it will banned it.
But I believe everything's gonna be alright because bitcoin was so profitable and powerful.

[timerland]

I feel like even though the price of Bitcoin has been on the down fall I feel like Bitcoin is so close to becoming the worlds leading currency. I can see it, however I feel like it takes some kind of major event for it to get over the hump. I know this sounds messed up, but I feel like another financial crisis would  help out bitcoin make that leap and make people trust the currency more. Another thing is retailers and their acceptance of bitcoins. If Amazon, Walmart, Target etc. started to accept Bitcoin as a valid currency, the currency would become more stable and attractive to consumers. What do you guys think?

Bitcoin is still very far away from being the world's leading currency. It's not close at all, but it will become close if given enough time.

Fiat currencies are still dominating here. As high as the hyped up rallies of 2017 went, there was simply not enough actual usage of bitcoin to say that it was anywhere near being the world's leading currency. And that will not happen, unless adoption increased on a massive scale.

You're right, there needs to be way more than just a bull market for bitcoin to take that leap from being viewed as a speculative asset, to a legitimate global currency. And it's not going to be done overnight.

Retailers accepting bitcoin would indeed help stabilize the price and help push adoption, although these events will not happen overnight. Public awareness and adoption of BTC will increase slowly and gradually.

[Fire316]

I feel like even though the price of Bitcoin has been on the down fall I feel like Bitcoin is so close to becoming the worlds leading currency. I can see it, however I feel like it takes some kind of major event for it to get over the hump. I know this sounds messed up, but I feel like another financial crisis would  help out bitcoin make that leap and make people trust the currency more. Another thing is retailers and their acceptance of bitcoins. If Amazon, Walmart, Target etc. started to accept Bitcoin as a valid currency, the currency would become more stable and attractive to consumers. What do you guys think?

     Bitcoin is decentralized and impossible to become the worlds leading currency because more countries still not accepting bitcoin and you can't use bitcoin as payment in different store and company. Maybe it will become a leading digital currency which bitcoin already is. It is the king of all crypto. It will rise for sure because it has a highest value and always be valuable because a lot of people still believe and trust bitcoin. No doubt bitcoin will increase soon more than our expectation and speculations.

[tikong]

It is slowly getting mainstream by it's own organic way and Fiat currencies have governments backing them, governments have armies at their beck and call. Time will come,  bitcoin would be a leading currency as many investors invested on it, gradually will be number and trusted leading currency.

[FurDich]

I feel like even though the price of Bitcoin has been on the down fall I feel like Bitcoin is so close to becoming the worlds leading currency. I can see it, however I feel like it takes some kind of major event for it to get over the hump. I know this sounds messed up, but I feel like another financial crisis would  help out bitcoin make that leap and make people trust the currency more. Another thing is retailers and their acceptance of bitcoins. If Amazon, Walmart, Target etc. started to accept Bitcoin as a valid currency, the currency would become more stable and attractive to consumers. What do you guys think?

Yes I agree with it is a big help and chance for the bitcoin to known to others. It will make nore people to be intrested to join bitcoin. It is like promoting bitcoin and by that many people will recognize all about bitcoin.

[Disclaimert]

I feel like even though the price of Bitcoin has been on the down fall I feel like Bitcoin is so close to becoming the worlds leading currency. I can see it, however I feel like it takes some kind of major event for it to get over the hump. I know this sounds messed up, but I feel like another financial crisis would  help out bitcoin make that leap and make people trust the currency more. Another thing is retailers and their acceptance of bitcoins. If Amazon, Walmart, Target etc. started to accept Bitcoin as a valid currency, the currency would become more stable and attractive to consumers. What do you guys think?

I was sure of it. however bitcoin state I am now convinced that bitcoin will become the global currency that the world will recognize
although fiat currencies will never be replaced by crypto currency

[bajindul88]

It could happen Dude, because in my own country there are some markets that accept payment by using Bitcoin although still a little. But I'm sure bitcoin will be accepted throughout the world following the increasingly modern and all-digital era.
I'm not sure bitcoin is the official currency of a country, but I believe bitcoin will be the world's digital money that will be used all over the world. Hopefully

[zhuiyongliang8]

Bitcoin has a long way to go to become a global currency.

If you will be the currency compared with classical currency, the former will not be able to leave the network exists, although modern currency is increasingly digital, but as the notes of the currency symbol, at least in the short term will not die. No matter how the token pattern of money changes, it must be backed by national credit and even force.

So what bitcoin needs is more trust to be accepted by more people.

[Periodik]

I feel like even though the price of Bitcoin has been on the down fall I feel like Bitcoin is so close to becoming the worlds leading currency. I can see it, however I feel like it takes some kind of major event for it to get over the hump. I know this sounds messed up, but I feel like another financial crisis would  help out bitcoin make that leap and make people trust the currency more. Another thing is retailers and their acceptance of bitcoins. If Amazon, Walmart, Target etc. started to accept Bitcoin as a valid currency, the currency would become more stable and attractive to consumers. What do you guys think?

I agree. As soon as Bitcoin will become the number one currency in the world, the price is expected to stabilize. It is good that some leasing business establishments are already accepting Bitcoin as the mode of payment. This will definitely become a model that the other business establishments will follow. I have read another thread here that Bitcoin is already the 6th top currency in the world. That is not too far from number 1. So we are already going there.