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Author Topic: Can it be possible for the whole wide world use a single currency?  (Read 1231 times)
weblouartisan
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May 05, 2018, 02:03:58 AM
 #101

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 is possible if government will allow it to happen since most of the people in the community really love to have faster transactions and easier way of purchasing goods online or offline and cryptocurrency is one of the best way to do that, so i think that in the future, everyone will agree in this kind of idea.

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May 05, 2018, 02:52:17 AM
 #102

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 guess its impossible that bitcoin will be the only currency that will be use globally. If that will happen successfully then fiat money will also vanished. For me fiat played more important and it is easy to use when you have cash on hand and you are in places that you cant do any transactions with bitcoin.


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May 05, 2018, 03:00:06 AM
 #103

Are you pertaining to just crypto currency or a single physical currency? At any rate, it wouldn't matter. The answer here would be a "NO" for me. Having just one single currency to use world wide would mean that there's only one government to rule all. A single bank to monitor and circulate the currency. Just these two alone would start an economic meltdown and would, most likely, be chaotic. Different regions/countries around the world have different currencies that help stabilize their economy. Moreover, having their own currency makes it accessible for the locals as well. Let's say, crypto for example, even now not too many people have access to it so imagine what would happen to them if cryptos would be used as a world wide currency? They'd probably start robbing people of their possessions. Still, how'd they sell those since they don't have access to cryptos? I think the world's ok in terms of its current state of having different currencies.

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May 05, 2018, 07:35:38 AM
 #104

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?


We can say that the world will have a universal digital currency in the near future, but not all people will have the access to it. As long as there are still third world country and those people who dont have knowledge in technology it will noy happen.
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May 05, 2018, 12:04:39 PM
 #105

No I don’t think that is possible. Every countries are not the same, our economies are not even the same, some countries are way more better than the others  and even has a better economy than others, so that makes everyone to be on a different level and you don’t expect people who are on a different levels with their currency being better than others to start making use of the same currency which is –Bitcoin. It’s never going to be possible. I don’t really know how to explain this, but the truth is that it won’t be possible.
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May 05, 2018, 12:39:10 PM
 #106

If there is only one country in the world, there may be a unified currency!

The BTC may become a common currency in the future!

And the use of a currency all over the world is bad for the economy!

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May 05, 2018, 01:09:43 PM
 #107

it is very possible and possible if world currency can be based on euro, dollars, pound sterling. it is very possible that one currency can lead the rest which i think can be cryptocurrency. it is possible one globe one currency.

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May 05, 2018, 02:05:17 PM
 #108

In this era where technology is rampant, it can be possible because now, bitcoin is growing and it's been accepted globally. If the all the countries will allow bitcoin then that would be the time that we'll only be using the same currency and it's great.
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May 05, 2018, 02:45:06 PM
 #109

No I don’t think that is possible. Every countries are not the same, our economies are not even the same, some countries are way more better than the others  and even has a better economy than others, so that makes everyone to be on a different level and you don’t expect people who are on a different levels with their currency being better than others to start making use of the same currency which is –Bitcoin. It’s never going to be possible. I don’t really know how to explain this, but the truth is that it won’t be possible.
It still has possibility that the world can use single currency because that depends on the agreement of the countries if they want to have a single currency or not. If they will have one answer and if that is yes then they will make move for sure that will start the process for the world to use only one currency.
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May 05, 2018, 02:57:23 PM
 #110

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?
That will never happen. But if Bitcoin becomes a common currency in the world then we will be very happy about it. Countries will not have their own currency and everything will be balanced

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May 05, 2018, 03:14:51 PM
 #111

For me it is impossible. I think many countries will not agree to change their currency. The currencies of every country has a sentimental value. And its not good if we use only one currency.

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May 06, 2018, 04:25:26 AM
 #112

it might be happening in the future as we know that there are a country that has not stable in their economy and I think if all country has agreement to united in one large community of human, then maybe we can use one currency which can be used in all places. maybe in the future, we are going to see that what we watch in the movie like star trek will happen.

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May 06, 2018, 05:24:58 AM
 #113

In my opinion that is impossible to happen because every country have their own currency. Eventhough bitcoin can be accepted in all around the world but bitcoin only can use as alterlative currency. Every local currency are really important for the economy in every countries, so the government in every countries Will protect their currency.
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May 06, 2018, 05:42:34 AM
 #114

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 is really accepted but you should consider the fact that not all countries is using it and even some prohibits the use of bitcoin. Some banks even ban bitcoin because of its volatility.
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May 06, 2018, 08:19:48 AM
 #115

The virtual currency is currently well appreciated for the future using the same money; many think that Bitcoin brings the most significant growth in the future but is now in the sixth place. World rankings, if you pass the currency, the Bitcoin currency will become popular.

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May 06, 2018, 08:29:35 AM
 #116

Yes it is and it also written in the Bible that there will be one currency for the whole world. And when that time comes, it is indeed a sign that we are on end times. What ever things written inthe Bible it will come to pass.

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May 06, 2018, 09:00:58 AM
 #117

it is very possible and possible if world currency can be based on euro, dollars, pound sterling. it is very possible that one currency can lead the rest which i think can be cryptocurrency. it is possible one globe one currency.
That is what we are already going toward that. Bitcoin can be consider as the single currency to be use by all the people of the world. i think that it will become more easy and comfortable for the people to use a single currency instead of using their different fiat currencies.
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May 06, 2018, 10:24:17 AM
 #118

BTC is an excellent currency to become worldwide. At the moment, USD is a world currency and its price is based on oil production, which is heavily artificially overstated. the cost of BTC is also artificially overstated and revalued. And why can not it become a single legal currency?
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May 06, 2018, 10:40:41 AM
 #119

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 is possible kinda like how gold could be accepted anywhere globally. Dont expect it to be widely accepted though. I mean, bitcoin could potentially dominate transactions in the internet and the currency online could be considered as used globally. However, respective local fiat could still dominate day to day transaction

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May 06, 2018, 01:29:21 PM
 #120

Dollars is accepted anywhere and small exchange store are scatter everywhere so I think there will be a time wherein BTC is accepted on every store if not there is a store whom you can connect to use your BTC purchase things around.
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