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Author Topic: Can it be possible for the whole wide world use a single currency?  (Read 1239 times)
Moonbrand
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May 21, 2018, 08:42:52 AM
 #301

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 believe that, as a global currency,Bitcoin would not be viable, for the simple reason that a lot of countries attach their 'democracy' and 'independence' to their currency and would see Bitcoin being made a global currency as an attack on their (sometimes fought after) freedom.
thrylos
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May 21, 2018, 08:56:48 AM
 #302

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 as a global currency? I think this will only become possible if it will be under the rule of one world government that can lead the world better. I think to that kind of leadership bitcoin is worthy. But here is the thing if  one world government will happen it will take for more years, decades and centuries to happen and if this will happen I believe the bitcoin will not just the first choice on that time.
Idaujotaite
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May 21, 2018, 11:09:12 AM
 #303

Bitcoin is already currency that is used worldwide I think it’s a perfect example that there can be one Currency.
tukang_rosok
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May 21, 2018, 12:05:53 PM
 #304

it think its many conflict interest if want to make single currency.especially for big country such as usa and china.they wont let it happen easily.there will be much negative propaganda from them
Gameroid
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May 21, 2018, 12:51:56 PM
 #305

it think its many conflict interest if want to make single currency.especially for big country such as usa and china.they wont let it happen easily.there will be much negative propaganda from them
Yes in very beginning it may be looking difficult but i think that very soon they will realize the need for that, because in modern time for quick trade and saving time it is necessary that everyone have quick access to every market and for that a single currency can be too much useful so we can expect that very soon they will realize the need for that.
webdevmastery
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May 21, 2018, 02:05:25 PM
 #306

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 the governments will agree to use one currency for their country but as of today there are government who does not like bitcoins because it is affecting their economy on a negative way so they will just remove it.
rileynicole17
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May 21, 2018, 02:41:15 PM
 #307

Possibly that bitcoin will be the world's currency because of its fame and worldwide use in transactions.
PETER2680
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May 21, 2018, 03:03:25 PM
 #308

 In my own view, i think is possible for the whole wide world to be using a single currency if cyber-security is strong. The cryptocurrency such as bitcoins and the rest has fast tracks the rate of change as well as easier business management. As a matter of fact, if bitcoin is apprehend in all countries its will reduce carrying of paper notes because its will enhance easier communication and access in all places.
Tory-Tory
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May 21, 2018, 03:04:16 PM
 #309

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 is a true judgment about bitcoin as an asset, reserve capital and other investment forms. As for a means of payment, this is unrealistic. Even the dollar has limited spheres of influence.

Activitycoin
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May 22, 2018, 07:42:13 PM
 #310

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 believe yes, it is possible because we all know that the government could easily adopt the changes since our technology is too advanced these days. I think there are really lots of things to fix first but there is still a big possibility the the world could have a single currency.
Well I think it is possible too as if our government will support us doing this and working for it then I think it will be possible, as now people of our community are still want to use it as only currency as they are happy with the fast and easy transaction, and an easy way of shopping and purchasing goods online, and crypto currency is the best way to have all these facilities, so I think in future almost every country will be agree with ideology.
Bonsaiav
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May 22, 2018, 08:39:40 PM
 #311

Along with rising Valuations, Popularity and its Technology, which could be an alternative to conventional currencies, bitcoin has been regarded as the most famous and best virtual currency.

In my view bitcoin will certainly develop into a single global currency and this technology can be a part of the global financial system if every head of state simultaneously approved it.

Bastok
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May 22, 2018, 08:59:35 PM
 #312

I think yes but not now. People aren't ready for such sudden changes. In the future, I believe that crypto currency will be the only one or the leading currency used by everyone



It is not possible to use a single currency  only for entire world. The currency that we used eversince the money created  in each country will still existed. Only there is additional currency added, the digital currency that wr have right now. For online transaction we can use one currency  for fastest transactions.
storfox
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May 22, 2018, 09:03:29 PM
 #313

Of course it would be good if all countries used a single currency for payment since this would save large amounts of money by eliminating commissions when exchanging one currency for another. Sooner or later, countries will accept the cryptocurrency as a single currency for payment because the cryptocurrency has many advantages.
yarozaqu
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May 22, 2018, 09:10:51 PM
 #314

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 am not sure for the whole wird use a single currency
 because every countries has own currency. they want their currency will remain.
Superways
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May 22, 2018, 09:14:24 PM
 #315

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?

Its hard to make bitcoin as single currency in all around the world. Every country have their own regulation about monetary and regulation about currency. But I think maybe in the future bitcoin can be accepted as payment globaly
If the people from all over the world will agree to sue bitcoin for their daily use within their nation and internationally then the governments will not be able to restrict them from using that currency. The power of every nation is in the hands of people of that nation and the rules are made for their benefits so if it becomes the benefit of the people of all over the world then it will become compulsory for the governments to accept it. It will definitely be accepted as a single currency in the coming future.
kive2k
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May 22, 2018, 09:43:30 PM
 #316

Bitcoin is possible to use, but it still takes time, at the moment you can not pay exclusively bitcoin, but in the future it is quite possible.
deevan
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May 22, 2018, 10:21:51 PM
 #317

It will never happen for any single currency to be accepted globally even if it is Bitcoin because not all Governments of countries will agree with it due to political disputes among them & legal regulations. Yes, it may happen that individual country Government allows its citizens to accept/spend cryptocurrency in their daily lives within their own country. It's not easy to impose the rule of acceptance of cryptocurrency on people because for some people it is not easy to handle it & properly taking care of their wallet.
queenlaurel
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May 23, 2018, 10:15:06 PM
 #318

The use of cryptocurrency worldwide for now may not be possible, because some countries are still not yet up to the standard of other countries. It will be a bit difficult for small transactions. Maybe later in the future when such countries are economically stable and do not have corrupt leaders. Bitcoin is being used now though but if it gets to these countries it's still changed to their different currency, so for now not yet possible.

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kamilah147
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May 23, 2018, 10:33:46 PM
 #319

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?
each country is issuing its own currency, so no single currency is used in every country, the problem is that the country has its own symbol as the currency is a symbol of a country.

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Coin-1
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May 23, 2018, 10:56:37 PM
 #320

I think that it is almost impossible to use a single currency for the whole world, because the powerful countries want to spread their own impact on the whole planet. In addition, some economic groups wish to increase their current stake on the different markets, buying the goods and services as cheap as they can. Yes, some crypto currency can be used as an international currency, but only if all counter agents of the exchange relations agree to recognize this coin as a payment.
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