Can it be possible for the whole wide world use a single currency?

[turagsoy123456]

I think that Bitcoin can be use as a matter of fact to be globally accepted. What is your take and which currency can you suggest to be accepted globally?

Well, this is my insights about the future of this digital money currencies.Maybe their is possibility that the whole wide world is using single currency which is  the bitcoin. Because we are now in millenial time. All possible things that happen in this high-tech time, a lot of changes that might be made.   

[XCANA]

I don't think it will ever happen that only a single currency will be use world wild because different country with different level of economic development and policy will definitely affect its acceptance.

[1Referee]

I'm sure bitcoin must be able to dominate the world. all countries will use bitcoin as a legitimate transaction tool. but despite that. the world still will not be separated from paper money. because paper money can be made as a symbol or a sign of the country.

One of Bitcoin's main principles is that there are no borders it has to respect or abide by. It's one protocol that has no equal, and one that at the same time can't be stopped. It's pointless to focus on what paper money will be like by that time, we should only care about what matters for us, and that's slowly taking distance from dealing with fiat. Let countries have their paper money, we have Bitcoin, that's more than enough. In current times it requires only our smartphone to transact with others or buy our daily needs in stores. I could perfectly use Bitcoin as sole currency if it enjoyed more adoption and stability. Fiat is a mixture of state and corporation money, while Bitcoin is people's (everyone's) money.

[tobaccoleaf]

I think that it would be very nice. But one blockchain will not survive such a load and the synchronization would be very long. So for this we need another technology.

[Danstan]

For a big purchases between countries like buying a bulk of supplies and materials outside one's country I hope Bitcoin can make the way, but to buy only small items I strongly suggest to use the old currency system.

[tanghere02]

I don't think Bitcoin will be the only single currency used in the whole wide world if everyone agrees cryptocurrencies can be used. If ever Bitcoin can be used, then there is no point of these other digital currencies if only a single cryptocurrency is accepted.

[Kamote_1102]

I believe it can happen if all the Countries in the World will be united and have one goal. but since there are so many conflicts among many countries, it is impossible to happen at the moment. but who knows, maybe one day it will happen. but it's another discussion if it's Bitcoin that will be used by the whole World as Currency.

[sgenuine]

I think that Bitcoin can be use as a matter of fact to be globally accepted. What is your take and which currency can you suggest to be accepted globally?

Probably, if it would be accepted globally, its price will be more stable. However, it seems to me it is an illusion even to think about these things, man.

[charlemagne_15]

I think that Bitcoin can be use as a matter of fact to be globally accepted. What is your take and which currency can you suggest to be accepted globally?

Bitcoin being the only cryptocurrency used by people is such a wonderful idea. It has a lot of effects to us either bad or good. But I think it will not be possible for a reason that some people tend to do or make something they see or copy the works of other with a few differences. More upgraded than the original. Also, not all of us are in favor in bitcoin so some of them tries to find and use other crypto. Lastly, there are so many governments that are not legalizing and promoting bitcoin.

[lzby2000]

I don't think there is a single currency in the world. The whole world lives in all parts of the world because of race, living habits and economic factors. Every country has different ways of dealing with the economy. Perhaps encrypted currency can be the medium of connection, but I do not think it is a single currency to deal with this problem. If encryption is used, it may be possible. Dozens or even hundreds of coins have been used in large scale.

[nambunamba]

I think that Bitcoin can be use as a matter of fact to be globally accepted. What is your take and which currency can you suggest to be accepted globally?

I dont think so it will work out. We do have our own money that support our own country. If there is only one currency and there is no goverment able to control it there might be big problem when it comes to small developing country. Goverment would not be able to control the price of resources cause it will controled globally and the value of the money is not backed by anything for example we use to compare rupiah with USD, when usd stronger than rupiah it means our country are under economic problem which is our money lose its value. goverment would not able to control inflation anymore cause it used to be central bank that control it by controling the number of money in hands. so my point is its good to be true that there will be national cryptocurrency but there is problem when goverment cant control it.

[Panpan66L]

I heard one news recently about the telegram, it seems that if worldwidecurrency will happen, it would be TONs of telegram coin.

[wireless1889]

I think that Bitcoin can be use as a matter of fact to be globally accepted. What is your take and which currency can you suggest to be accepted globally?

This is not possible but right now it is hard to tell since we are diverged by our culture and by our races till humanity can't be as one we cannot see this as a possible outcome. Since we are engaging deeper into technologies these cryptocurrencies will be our future currency and I think our currency will be no other than bitcoin since it is known and the top crypto right now. But I think this is too long to happen though.

[vibingpositively]

I don't think there is a single currency in the world. The whole world lives in all parts of the world because of race, living habits and economic factors. Every country has different ways of dealing with the economy. Perhaps encrypted currency can be the medium of connection, but I do not think it is a single currency to deal with this problem. If encryption is used, it may be possible. Dozens or even hundreds of coins have been used in large scale.

It will be too hard to deal with as the market is changing often, people in different countries were already familiar o what they use thus adoption might be too hard to happen, it will be a big adjustment to many,

Not only that but we are technologically not there yet. The moment when everybody is able to transact with phones and use Bitcoin easy as 1-2-3 we have a chance. That will take at least 10 years as far as I am concerned, in which case we can have this discussion then. Until then it seems irrelevant to me.

[trako]

this is not possible. because countries are fighting for their currency to be valuable. It's a race. I would like to have a single currency. this would mean world peace at the same time. maybe 100 years later.

[Sahyadri]

I think that Bitcoin can be use as a matter of fact to be globally accepted. What is your take and which currency can you suggest to be accepted globally?

It used to happen earlier when dollar had fixed exchange rate against every currency. Over the time that changed and dollar began having a flexible rate. Europe followed this system when they decided to use Euro as a currency throughout. But now, since we have advanced so much in time, I don't think having a single currency would be possible. Bitcoin gives us little hope since this is one such currency which is used worldwide, but it will take years to see this dream turning into reality.

[shield132]

I think that Bitcoin can be use as a matter of fact to be globally accepted. What is your take and which currency can you suggest to be accepted globally?

You don't say one thing correctly: One currency can be used globally but may not massively. For example you see when price was high and there were made a lot of transactions, fees become higher and confirmation times get really very annoying, it was taking days to get even one confirm. So for massive use - no, even bitcoin cash can be useless despite of it's 8MB block size limit.

[b3j0]

not possible, every country has a bank to create its own currency. bitcoin will not be able to replace the currency in each country. that's very unlikely.

[sampalokmix]

I think that Bitcoin can be use as a matter of fact to be globally accepted. What is your take and which currency can you suggest to be accepted globally?

I think this will not going to happened due to the fact that people who doesnt like to involve themselves here might be isolated with the society, I guess the government will not agree to this kind of scenario in near future cause their platform might be non-existant if that will happened since this is a decentralized platform and legitimate supported by blockchains this will going to hard for them to take control.

[samcrypto]

not possible, every country has a bank to create its own currency. bitcoin will not be able to replace the currency in each country. that's very unlikely.

Yep, this is the reality because government will not allow this thing. I'm just contented if cryptocurrency becomes legal around the world, because this technology really deserve it. People should continue to support bitcoin and other cryptos, let's stick together so we can achieve an innovative and great future.