News: Bitcoin won't be Global Currency

[SmileyLadd]

I got caught up in this news last 6 hours ago, most of us participants are hoping that Bitcoin will someday become a Global Currency, why is that?

Any thoughts or opinions about this?

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[ys fs]

maybe yes,because bitcoin not legal all the world, so bitcoin won't be global currency

[Red-Apple]

bitcoin already IS a global currency. in fact bitcoin is the ONLY currency that is global. everything else is either not a currency (like altcoins) or are limited to certain countries (fiat).

if you are thinking bitcoin to be used as the only currency and it replaces everything else then that is not happening.

[karashika0577]

People like me believe that Bitcoin is a global currency soon. It would not be so, because even now, governments of all countries have different attitude towards bitcoin. For this reason, today it is also legitimate, partial legal and even illegal. Analyzes are still on this issue. Until now it is not a global currency.

[InvoKing]

Everything that people use and accept it worldwide is considered as global currency.
You can buy and sell gold, silver, copper...even a banana or trade it with clothes for example.
No need for a currency to be backed up by governments to be considered as a global currency, it is the usage of people that make it so...
And better to add the link so we can read the article (press section preferably)

[nioctiB#1]

I got caught up in this news last 6 hours ago, most of us participants are hoping that Bitcoin will someday become a Global Currency, why is that?
Any thoughts or opinions about this?

It is already a global currency because anyone can freely use it but the real problem is the issue about the legality in countries and this is the reason why bitcoin is being prevented from reaching its mass adoption and be used as a medium of payment or as a currency. But I understand why some countries dont want it as a currency it is because of the volatility of it and it is hard to use a currency that is not stable. And I think it will never be stable because it is being traded and people are just into it because of the profit that they can get from investing in bitcoin.

[xaker74]

Bitcoin will not become a global currency, at least in the form in which it is now, if will be a good hardfork and it becomes more convenient, it can be.

[avikz]

I got caught up in this news last 6 hours ago, most of us participants are hoping that Bitcoin will someday become a Global Currency, why is that?

Any thoughts or opinions about this?

Even if bitcoin has all characteristics of becoming the first global currency, I doubt it will ever happen in our lifetime. Because the nexus of our governments won't let it happen for their own benefit. So as a tech enthusiast or bitcoin lovers, it really doesn't matter how strongly we want it to happen. our government is here to control everything. They won't let go their controlling authority for such a decentralized currency. So majority of the bitcoin holders wish to let it happen but they hope very little about it!

[Joel_Jantsen]

I got caught up in this news last 6 hours ago, most of us participants are hoping that Bitcoin will someday become a Global Currency, why is that?

Bitcoin is already a Global Currency.I can order products outside of my continent with bitcoins.Exchange for goods and services with bitcoins and possibly do whatever I could do with my fiat with Bitcoins.I don't see how it is not a Global Currency.If you mean everyone would be using bitcoins instead of the fiat, it will never happen.

[BagzMM]

I got caught up in this news last 6 hours ago, most of us participants are hoping that Bitcoin will someday become a Global Currency, why is that?

Any thoughts or opinions about this?

In my opinion, maybe it would not be happen it is because not all countries allow bitcoin to be in their market. Though technologies keep upgrading but other countries will not allow bitcoin to be legitimize.

[dothebeats]

Bitcoin already acts as one, but to be able to use it heavily in almost every day-to-day transaction, it must be controlled, or regulated in a sense that the government can alter its supply at will so as to help the economy stimulate. Fiat accomplishes all of those, though because of the ability of the government to alter its current supply, it's prone to hyperinflation and devaluation more than cryptocurrencies. Personally, I'd like to see people using bitcoins in a global scale even in the tiniest transaction, though that would be highly improbable even in the next decades to come.

[Thefrolly]

And who said it? It doesn't matters if some guy creates FUD against bitcoin cause no single person or government organization controls it and saying things like Bitcoin wont be Global currency doesn't affects Bitcoin at all. It is going to be a global currency and there is nothing in the world stopping it from becoming one.

[ocid]

bitcoin will not be a global currency even though its existence can be inaugurated by all countries, as all nations fear that the local currency will be abandoned by the layers of society. until when bitcoin will not be entirely a global currency but only an alternative means of transactions around the world

[Ar Rahman]

bitcoin will not be a global currency, but bitcoin is already widely used as a transaction tool for goods purchases or exchange of goods, only bitcoin has not received legality in the world as a global currency, but for now bitcoin is still a lot of fans for investment, and I'm sure although bitcoin will not be a global currency, bitcoin owners do not feel the loss, because they can still invest.

[nutildah]

bitcoin already IS a global currency. in fact bitcoin is the ONLY currency that is global. everything else is either not a currency (like altcoins) or are limited to certain countries (fiat).

if you are thinking bitcoin to be used as the only currency and it replaces everything else then that is not happening.

Agreed.

1. Bitcoin is already a global currency.

2. Still, it's extremely high-minded to think it (or any other crypto) will eventually replace fiat because a huge portion of the world does not have access to computers, smart phones or the internet. It's fun to theorize this may one day happen but the people who do so are genuinely out of touch with the general condition of humanity.

[Washball]

Bitcoin is global, but not really the global currency we had in mind. And it will not become this global currency, it is hardly being used as a currency and certainly not worldwide yet. Although more and more merchants and corporations accept bitcoin lately. Issues like transaction fees and speed should also be fixed first.

[Kakmakr]

The people who are saying that, has no clue what they are talking about. I have send Bitcoin to friends in 15 countries and I have bought products and services with Bitcoin in even more countries. Bitcoin is borderless and you can send it to anyone in the world, even if Bitcoin is banned in their country.

We do not have to ask permission to send bitcoins to someone, we teach them how it works and we send them bitcoins and viola! This is why this technology is so great, it is unstoppable. 

[DUHOIxx]

Currently on many news sites talk a lot about bitcoin, good news is less but bad news many. we need to calm down, can not listen to such news sites, who does not calm then will lose bitcoin. In addition to business we need to have stance and patience.

[BelieveInBTC]

Using multiple currencies especially if you travel a lot is really inconvenient. It would be great to see a currency similar to gold which would be accepted in any shop all over the world. It will take years for Bitcoin to achieve it but many people actually want it. The only problem are politicans and banks which want to have a full control of money. Bitcoin can help us solve inflation and introduce deflation to our lives.

[cizatext]

May be yes bitcoin will one day become the world universal currency, where bitcoin will be use to pay for goods and services across the globe and also bitcoin being recognized as the digital global currency and that will bring the total freedom to the entire world financial system. Bitcoin is going to carry out that task.

[tegarp90]

I got caught up in this news last 6 hours ago, most of us participants are hoping that Bitcoin will someday become a Global Currency, why is that?

Any thoughts or opinions about this?

where is the link of the news ?
I heard weeks ago , CEO of twitter Jack Dorsey said that bitcoin will be a global currency in 5 years.
here is the link, https://www.theverge.com/2018/3/21/17147574/twitter-ceo-bitcoin-jack-dorsey-square-interview-currency-10-years
which one is true, let see in the future.

[ahmadakbari]

I got caught up in this news last 6 hours ago, most of us participants are hoping that Bitcoin will someday become a Global Currency, why is that?

Any thoughts or opinions about this?

It's not a news. It is just an idea. It's just a opinion which has been given by Ripple CEO. There are many people give their opinions every day. Many people predict the future.
Tomorrow you might hear that bitcoin will be global and the price will reach 1 million dollar.

[Olano]

I do not think that bitcoin will ever become a world currency. Most likely there will be a new convenient and simple crypto currency, which will replace bitcoin. Bitcoin has long been obsolete. He is popular only because he appeared first. By the way, Ripple could replace bitcoin in the future.

[mahimonliner]

So many things to be done for establishing as global currency and it wount happen so early.
first blockchain technology needs to be established then there will be chance for bitcoin to establish as a global currency.

[eduvacation.net]

I got caught up in this news last 6 hours ago, most of us participants are hoping that Bitcoin will someday become a Global Currency, why is that?

Any thoughts or opinions about this?

The reason that complicates bitcoin into global currency is a regulation. besides that, the pure bitcoin price movement is determined by the holder so no one can control the bitcoin. Two things that make the parties related to the global economy always reject the bitcoin to be a global currency. But it is also beneficial for bitcoin holders because they are free to do anything with their money in bitcoin form.

[mak2017]

I got caught up in this news last 6 hours ago, most of us participants are hoping that Bitcoin will someday become a Global Currency, why is that?

Any thoughts or opinions about this?

Bitcoin don't have to be officially recognized as global currency, as long as people use it worldwide already it makes bitcoin a worldwide currency.
I doubt that bitcoin will be adopted by every country worldwide, but this still doesn't mean that people can not pay with bitcoin worldwide.
So, to be exact, bitcoin - is a worldwide currency, but not used that much nowadays.

[pictsidhe]

Bitcoin already globally digital currency. It is not the global currency like USD, And I am pretty sure that will not happen. But most of the people who involved in online earning, they know about bitcoin, So bitcoin is the worldwide digital currency. Like I am from Vietnam and You are from Indonesia, We both know about crypto. Suppose I am in your country and then I buy some goods and give you some BTC or eth, You will accept that. Isn't it? By this means bitcoin is the global currency to me.

[aoluain]

Bitcoin along with some altcoins are enjoying the title of being a global currency.

Bitcoin, Litecoin, Dash, Monero and Zcash are already being used for payments
for goods and services. Ok the likes of Dash, Monero and Zcash are used more
in the dark web but Bitcoin is global and becoming more and more adopted to
make it even more global because it is a universal currency.

Some interesting links

https://www.lifewire.com/big-sites-that-accept-bitcoin-payments-3485965

https://news.bitcoin.com/prague-subway-system-now-has-ten-new-bitcoin-atms/

For those who think Bitcoin or other decentralised crypto is going to be adopted
by all countries around the world thus making it global, I cannot see it happening,
at least my brain cannot work out how it would be possible, everything in world
finance would have to change IMO and governments would have to surrender all
control of their finances.

[Bairbe]

The entrance to the bitcoin scene of the first state is likely to provoke a wave of adding cryptocurrency to its reserves by all the others. Countries that will be the first to adopt bitcoin will get the most benefit if the coin eventually becomes a global reserve currency. Unfortunately, it's likely to be the States with the strongest Executive powers — dictatorships like North Korea — and they'll be the fastest at accumulating bitcoins.
The big irony is that the US is currently one of the countries most open to its regulation on bitcoin, while China and Russia are the most hostile. The US risks significantly weakening its geopolitical position if bitcoin displaces the dollar as a global reserve currency. Back in the 1960s, Charles de Gaulle criticized the "exorbitant privileges" enjoyed by the United States thanks to the Bretton Woods agreement of 1944.

[TommyAMD]

While of course bitcoin will not become a world currency, if only because many governments have banned it or until only see it as a currency. But the prospects are good in my opinion.

[Doterti]

While of course bitcoin will not become a world currency, if only because many governments have banned it or until only see it as a currency. But the prospects are good in my opinion.

Based on of what I've read that It will be possible still be a global currency because we need just to endorse the value of bitcoin and with that they will see soon the importance of the bitcoin in the global currency and right now we should debate more about the good outcome of bitcoin in the currency and to avoid bad results of investing or making the bitcoin be part of the global currency.

[IndigoRed]

In my opinion, it’s unlikely to become a global currency. Think about it –on the internet, these virtual currencies perform most effectively within its country's borders. The real world economy is too complex and dynamic for bitcoin to function as a global currency. And how can we have a universal currency when there are countries banning bitcoin?

[fahim-uddin]

right

[Indrawan77]

Bitcoin originally created to become world wide currency, where you can spend bitcoin every where, imagine a transaction with single global currency, it will make the transaction between countries become really easy, it will create new business everywhere and for travelers it will be really easy to go abroad without need to exchange money

[sabrikks]

I don't know what do you mean exactly because bitcoin is already a global currency, it's already traded and accepted worldwide, maybe you mean mass-adopted because there is a lot of issue and obstacle for mass adoption.

[PAKYU]

everythink will be global someday. maybe legal ways maybe not but definitely global. deepweb isn't legal but i think global.

[bocyaj]

For your information,bitcoin is the global currency up to now.The people from various country inverse their money in bitcoin and use it as a global asset too.If the currency used in many countries in this world.It will be act as a global currency.We know up to now bitcoin is used as a currency in different countries,in which they are legal one.

[NavI_027]

In my opinion, the potential of bitcoin to replaced fiat was always there. But due to the opposition of different groups, bankings, businessmen and even the government, the dream of crypto revolution maybe not gonna happen. Those factors greatly affect the future of btc, I think if all nations decided to embrace blockchain technology then there's no problem such this (regarding your question).

[vintages]

OP, you are mistaking your point with something else; your definition and understanding of the term 'globally' is confusing. Bitcoin have indirectly become a global currency because almost everyone who knows about it, have been making use of it to make payments for goods and also pay for services. But one thing that you must understand clearly, is that, bitcoin can not be the ONLY currency been used by all the countries.

[bananaunana]

I got caught up in this news last 6 hours ago, most of us participants are hoping that Bitcoin will someday become a Global Currency, why is that?

Any thoughts or opinions about this?

I think it is possible that Bitcoin gets global currency or at least a very accepted currecy for online transactions.

[darkangel]

Bitcoin is not a comprehensive solution to solve all the problems that people often think of. Instead, you are looking at each ledger, each with different blockchains that will solve different problems.

[kucritt]

the one reason why the people want to make bitcoin as the global currencies, because if bitcoin become a global currencies automatically the price of bitcoin will rising up and the holder of bitcoin and the bitcoin investor will happy to hear this, they will get big profit if the price of bitcoin rising up

[rext]

Bitcoin, the most widely traded electronic money, has much slower transactions. At the time of the interview, Bitcoin's average transaction time was 42 minutes, while the ripple only took about 4 seconds. With this downside, Bitcoin is hard to become a global currency

[Finestream]

the one reason why the people want to make bitcoin as the global currencies, because if bitcoin become a global currencies automatically the price of bitcoin will rising up and the holder of bitcoin and the bitcoin investor will happy to hear this, they will get big profit if the price of bitcoin rising up

For me,once bitcoin becomes a global currency,it's price will be stable because the government will control  its own fluctuation.And maybe by that time,i supposed there will be no fluctuations anymore since the government will make it centralized already.

[vermigerous]

Where is the link, or you just read it from unknown source? maybe some article from the ripple fans i guess. anyway when you post something here like some news you need to also post the references to be able for us to check it.

[firec8]

Bitcoin is also a global currency
It circulates globally and people around the world can use it on the Internet.
The effect is not as good as the legal currency, and the price fluctuations are relatively large.

[aryaadikariyansyahsuwarto]

it is our hope all, but to make it happen very difficult, so it could be said to be only a dream .. !!

[dorofee]

I got caught up in this news last 6 hours ago, most of us participants are hoping that Bitcoin will someday become a Global Currency, why is that?

Any thoughts or opinions about this?

It can be become global currency but it is going to take a lot of time. The countries which are against it will realize their mistake in some years.

[taksrkanah]

For now bitcoin may not replace fiat money but I think the use of bitcion is now distributed evenly even many people in developing countries will receive bitcoin as a means of payment.
And the minds of people who continue to benefit from the bitcon will destroy satellite hopes to make bitcoin into global currency.

[Victorycoin]

I got caught up in this news last 6 hours ago, most of us participants are hoping that Bitcoin will someday become a Global Currency, why is that?

Any thoughts or opinions about this?

Even if bitcoin has all characteristics of becoming the first global currency, I doubt it will ever happen in our lifetime. Because the nexus of our governments won't let it happen for their own benefit. So as a tech enthusiast or bitcoin lovers, it really doesn't matter how strongly we want it to happen. our government is here to control everything. They won't let go their controlling authority for such a decentralized currency. So majority of the bitcoin holders wish to let it happen but they hope very little about it!

You're totally adrift and might want to refresh your mind the difference there is, between a national currency and a global currency!

Bitcoin has no need of becoming any countries national/local currency, but as for a global currency, it already is, regardless of what some countries feel about it as acceptance doesn't have to be 100% of all countries. With just the keys to your Bitcoin wallet, you can never be stranded or run out of cash any country you might find yourself, because you can always convert your Bitcoin to any local currency or at least to the U.S. dollar. What else then is a global currency?

[HeartDesire]

Bitcoin might not be a global currency but it would soon become globally recognised. As powerful as Dollar is it hasn't become a global currency yet it's a recognise currency anywhere in the world. Bitcoin is coming as alternative to fiat money to make transactions easy especially international transaction.

[pankowri]

I always hope that btc will be global currency in the world one day not so far but the time says another thing is bad time of btc.If situation is going on the way then can't expect good news. The authority of btc should change some rules and system, I hope the time of btc will change within some day.

[monkeydominicorobin]

I got caught up in this news last 6 hours ago, most of us participants are hoping that Bitcoin will someday become a Global Currency, why is that?

Any thoughts or opinions about this?

It is already the world currency of choice for those in the know. In fact it is the largest and fastest supercomputer in the world. https://youtube.com/watch?v=dSsgifPq1jY  as of 2013.

[Lakshitha1977]

It's like asking is internet Global? Internet is global , so when we use a currency that is circulating inside the internet, it's pretty much already global. but the argument here is some countries have banned using crypto currency so it won't be global when considering that,

well even some countries restricted using crypto currency users from those countries earn as Cryptocurrency and convert them into fiat through other online wallets or exchanges, so they also use it that way.

[darksanya]

it seems to me that the bitcoin's goal is slightly different than becoming the global currency. I personally did not expect that it would become such a currency. I was primarily interested in its price and the opportunity to make profit on it. but if it becomes global, it seems to me that it will look more like traditional currencies, that is, its growth will be restrained by many factors

[Flor1982]

bitcoin already IS a global currency. in fact bitcoin is the ONLY currency that is global. everything else is either not a currency (like altcoins) or are limited to certain countries (fiat).

if you are thinking bitcoin to be used as the only currency and it replaces everything else then that is not happening.

When you say global it means it will be use all over the world by all nations in which its not happening because not all countries are supporting Bitcoin that other nations declared it illegal so how come it become global? Anyway i believed that Bitcoin will become global currency but as an investment but for actual spending i doubt it because not all people know how to use Bitcoin.

[gaurav82]

Some countries are supporting it. So I think other countries will also involve in it. Involvement may be less or more. But can't away from it.
This is first online currency which can transfer worldwide. Process is easy and fast. I think its a need of future for world business.
These are reason so I think it can be global currency.

[angchosenone]

It is as of now a worldwide money since anybody can openly utilize it however the genuine issue is the issue about the legitimateness in nations and this is the motivation behind why bitcoin is being kept from achieving its mass reception and be utilized as a medium of installment or as a cash. Be that as it may, I comprehend why a few nations dont need it as a cash it is a direct result of its unpredictability and it is difficult to utilize a money that isn't steady. Also, I figure it will never be steady since it is being exchanged and individuals are simply into it in light of the benefit that they can get from putting resources into bitcoin.

[nhoj25]

I got caught up in this news last 6 hours ago, most of us participants are hoping that Bitcoin will someday become a Global Currency, why is that?

Any thoughts or opinions about this?

I think Bitcoin now can be considered as global currency. it is being used by million of users. With a decentralized system of currency, government or banks don’t have any ties to the currency. Bitcoin also is easy to transfer to locations around the world. It can be used to buy goods ad services in some contries like here in PH. The main problem of BTC as currency i think is its highly volatility - means the value of a bitcoin can fluctuate drastically—and often there is no way to predict a fluctuation or explain why one may have occurred.

[pilnenkii]

This is already a global currency, because any person can freely use it. If you mean that everyone will use bitcoins instead of fiat, this will never happen.

[kiemponxs]

bitcoin will not be a global currency even though its existence can be inaugurated by all countries, as all nations fear that the local currency will be abandoned by the layers of society. until when bitcoin will not be entirely a global currency but only an alternative means of transactions around the world

yes I agree with what you say, it would not be easy for bitcoin to become a global currency even though bitcoin has been legalized in many countries, I think bitcoin is created and accepted in some countries in the world just to help the shortcomings possessed of paper money.

[buttonmc]

don't worry, it is only news and nothing else, turn around, and look for world, technological world goes up by hours, bitcoin is strong

[sheryl18]

I got caught up in this news last 6 hours ago, most of us participants are hoping that Bitcoin will someday become a Global Currency, why is that?

Any thoughts or opinions about this?

bitcoin is not the best known in the world because bitcoin is legally legal and it's the world's first curency so bitcoin really will be known in the world.

[OcTA Bd]

I think it's not true. Bitcoin is the best, most oldest and most importantly the most trustworthy crypto currency throughout the world. Not only me many of the economist assume that it's just a matter of time when bitcoin will be a global currency.
Bitcoin is the demand of new generation people. Due to it's easy transition, availability people love crypto currency more than flat money.

[ClintonJ]

Bit coin has already become a global currency now it just need the approval of the governments of every country.

[Betheng10]

I got caught up in this news last 6 hours ago, most of us participants are hoping that Bitcoin will someday become a Global Currency, why is that?

Any thoughts or opinions about this?

It's highly doubtful that it might happen. What country would set the currency? That question itself is hard to answer. With many egotistic leaders of countries, would one submit to another's idea? Trump wouldn't agree if Putin proposed btc as international currency? Doubt it.

Let's not forget the middle eastern countries where kings sit as their leaders. And of course 3rd world countries who doesn't have technology like other advance country has.

[jayanath123]

Bitcoin is gobal, but some requirement to be fulfill transparent of transaction fees speed, have to all access

[Faeton]

I got caught up in this news last 6 hours ago, most of us participants are hoping that Bitcoin will someday become a Global Currency, why is that?

Any thoughts or opinions about this?

Bitcoin can not be a global currency because of its high volatility. With such volatility, it is very difficult to use it as money. Such money does not have constant or at least more or less stable price values, and this greatly hampers the conduct of business, in which the size of profits should be calculated in advance.

[9emb3lelit3]

It's too early to say that Bitcoin will not be a global currency. Bitcoin still needs a long process to be accepted as a substitute for the fiat currency we use today. There are already some countries today that use Bitcoin as a means of payment transactions and also their currency exchange, so we can see and also feel if Bitcoin is in the process of developing to become better in the digital currency of the future.

[Dudeperfect]

We must understand the difference between the words, global currency and the single currency. I believe that Bitcoin will be one of the major players in the fund transfer industry but it won't be the single currency on a global level. In fact, Technically Bitcoin is already a global currency even today as anyone from any corner of the world can use it without any issues but practically, we still have a long way to go.

[Fujiati]

I got caught up in this news last 6 hours ago, most of us participants are hoping that Bitcoin will someday become a Global Currency, why is that?

Any thoughts or opinions about this?

many people think that bitcoin will become a global currency because there are already some countries that have received bitcoin as a legal means of payment.
in addition many people expect bitcoin to be global currency because bitcoin has several uses such as to trade, invest and for the means of payment.

[abojamal]

bitcoin will be more global currency than it is now
Large companies, bodies and countries began to give them legitimacy
And deal with them and codify their existence
I think the existence of the bitcoin is no longer controversial
The amount of money in the cryptocurrency market is very huge and will be increased and there must be
Legal solution for countries to regulate this large market and benefit from the size of large taxes Behind them

[Abete]

this should have a broad view, there must be some who agree if bitcoin be the most important digital currency in cryptocurrency, but some others disagree. but do not rule out, bitcoin will be the currency of the world cryptocurrency. but this is just my view someday.

[SmileyLadd]

We must understand the difference between the words, global currency and the single currency. I believe that Bitcoin will be one of the major players in the fund transfer industry but it won't be the single currency on a global level. In fact, Technically Bitcoin is already a global currency even today as anyone from any corner of the world can use it without any issues but practically, we still have a long way to go.

We must indeed. Thank you Sir/Maam.

[ZazaG7]

It is already an ecumenical currency because anyone can liberatingly utilize it but the authentic quandary is the issue about the licitness in countries and this is the reason why bitcoin is being obviated from reaching its mass adoption and be utilized as a medium of payment or as a currency. But I understand why some countries dont want it as a currency it is because of the volatility of it and it is hard to utilize a currency that is not stable. And I cerebrate it will never be stable because it is being traded and people are just into it because of the profit that they can get from investing in bitcoin.

[Juggy777]

I got caught up in this news last 6 hours ago, most of us participants are hoping that Bitcoin will someday become a Global Currency, why is that?

Any thoughts or opinions about this?

Before I answer that, you post a title it won't then you want to why, you're confused and you don't even know what's the answer you're looking for.

Bitcoins is the best thing that can happen to all humans, no longer need to go to banks, pay hefty conversion charges or wait for a human executives to give you your money, with bitcoins it's a click and it's done. You can track it in real time and that's what the world needs.

[bitfocus]

you are expecting adult class responsibilities from a toddler - bitcoin is still young and give it a few decades.

[ViktoriaM]

I think that this will not be a panacea, about which people once thought that it can solve various problems, will not become global in all countries. A large percentage of the world's population do not know about its existence, yet some do not readily understand, but many more years will pass and everything can be)

[laiya94]

I don't think bitcoin will be a global currency because it is volatile and no one can gain the control so governments are afraid to deal with bitcoins.

[KenChanYu]

I got caught up in this news last 6 hours ago, most of us participants are hoping that Bitcoin will someday become a Global Currency, why is that?

Any thoughts or opinions about this?

Before I answer that, you post a title it won't then you want to why, you're confused and you don't even know what's the answer you're looking for.

Bitcoins is the best thing that can happen to all humans, no longer need to go to banks, pay hefty conversion charges or wait for a human executives to give you your money, with bitcoins it's a click and it's done. You can track it in real time and that's what the world needs.

Exactly! It is a breakthrough and is purposely created to give people freedom of privacy in their transactions. Making it fast, easy, and cheap to send transactions with no extra charges, money can be sent with ease from anywhere and everywhere in seconds, and more other opportunities. Though, life is inevitable, but with its potential and the increasing number of participants it seems to be that it can have a brighter future.

[Zandra]

I don't think bitcoin will be a global currency because it is volatile and no one can gain the control so governments are afraid to deal with bitcoins.

What do you mean? I thought bitcoin are already a global currency there are so many countries are already use it to many things through investment and transactions with online payment.

[COCOMARTIN]

I got caught up in this news last 6 hours ago, most of us participants are hoping that Bitcoin will someday become a Global Currency, why is that?

Any thoughts or opinions about this?

Certainly because bitcoin is the very first curency and is sure to be known around the world despite the fact that many scams still do not match the bitcoin with any coin because it is the only one.

[AllenTurner]

if it just got the support of the governments of the all countries then er will surely going to be the global currency.

[digroske]

bitcoin will not be a global currency even though its existence can be inaugurated by all countries, as all nations fear that the local currency will be abandoned by the layers of society. until when bitcoin will not be entirely a global currency but only an alternative means of transactions around the world

yes I agree with what you say, it would not be easy for bitcoin to become a global currency even though bitcoin has been legalized in many countries, I think bitcoin is created and accepted in some countries in the world just to help the shortcomings possessed of paper money.

Bitcoin is by far one of the most significant and influential currencies, but this does not mean that its power will be eternal and permanent. everything changes in this world and bitcoin will not be an exception. but I think it will not happen soon

[Nerman]

I got caught up in this news last 6 hours ago, most of us participants are hoping that Bitcoin will someday become a Global Currency, why is that?

Any thoughts or opinions about this?

Bitcoin is considered  a global currency now. It is being used world wide. With the help of the internet anybody in the world can get and use Bitcoin.

What I think is Bitcoin or any other cyrypto currency will never be an official currency nor will never be adopted by any government. 

[DoublerHunter]

Bitcoin won't be a global currency because bitcoin is banned in some of the countries in the world and that can't be called global currency if some of the countries are against bitcoin but it can be change in the future if those countries who banned bitcoin will see the progress and the significance of having bitcoin in their life and also the benefits of its technology.

[Jinatfatm]

Twitter CEO Jack Dorsey recently said he believes bitcoin will become the single currency worldwide, something that Wozniak hopes will happen

[bitfocus]

I am enthusiastic about Bitcoin being World Currency

[Menawi12]

Every country have their own regulation about currency. Some country can accept bitcoin as payment and some dont, thats why bitcoin can not be a global currency. Bitcoin is peer to peer transaction and that why bitcoin no need regulation because its depending on user want to accept it or not

[shackleford]

Bitcoin is already a global currency that does not belong to a particular country. There are many rumors that the Americans came up with bitcoin, others say that Japan invented it to break the American economy. The truth is not accurate. But one thing I can say bitcoin will live, because it is anonymous and has great prospects.

[ggugoienpai]

As long as the concept of state exists, bitcoin will never become a global currency. At this stage, bitcoin may be just a speculative commodity, and not many industries can use bitcoin.

[rumexx]

Bitcoin being decentralized and easier to transact on makes it attractive to business people and the more people get to know about bitcoin the more attracted to it they will be. As more adoptions bitcoins get so will the popularity be. This will make it possible for the whole world business will overtime adopt it for use.  

[chikading2016]

Bitcoin being decentralized and easier to transact on makes it attractive to business people and the more people get to know about bitcoin the more attracted to it they will be. As more adoptions bitcoins get so will the popularity be. This will make it possible for the whole world business will overtime adopt it for use.  

Yed it will maybe become a global crypto currency on business stage maybe. But if we say global currency with the same usage of fiat I think it won't be possible at all. Because bitcoin and fiat as currency is really different from each other. They don't have the same feature and way of usage.

[ViktoriaM]

You understand that Globally all over the world - no, in many countries about him and did not hear, and maybe not hear. Half of the world only learns about Bitcoin.
  I think that it will be on top for a long time and will continue to develop and as a result - will become very large-scale (more than now)

[Johnyz]

I got caught up in this news last 6 hours ago, most of us participants are hoping that Bitcoin will someday become a Global Currency, why is that?

Any thoughts or opinions about this?

Bitcoin is considered  a global currency now. It is being used world wide. With the help of the internet anybody in the world can get and use Bitcoin.

What I think is Bitcoin or any other cyrypto currency will never be an official currency nor will never be adopted by any government. 

Bitcoin is a good technology and we should hope for this to be recognized around the world because we believe in cryptocurrency. A lot of people want bitcoin to be considered as a global currency but for me, bitcoin still need to improved so people will continue to support its technology. Hey! Germany already declared bitcoin as legal it may not consider as a main currency but at least its legal to use.

[GhostWithin]

Bitcoin is a good technology and we should hope for this to be recognized around the world because we believe in cryptocurrency. A lot of people want bitcoin to be considered as a global currency but for me, bitcoin still need to improved so people will continue to support its technology. Hey! Germany already declared bitcoin as legal it may not consider as a main currency but at least its legal to use.

bitcoin has no chance of becoming a legal tender on a global scale.
Why?
1. Decentralization is not beneficial to the current financial system, when 10% of the population has 90% of material values and resources.
2. There are other coins that are much better suited for the role of legal means of payment.

[triplef]

Let’s start fro the fact that it is already global currency. You can buy it no matter where you are and with the help of the internet buy something with BTC. For example, if you live in Europe and decided to buy something in the USA, you need to change euro in USD. And with BTC there is no need, so it is global currency. But it looks like you are talking about BTC as the only currency in the world without fiat money, it is not likely to happen.

[ace4549]

I think that is really true because the bitcoin is a cryptocurrency and cannot be used in petty expenses since it does not possess its physical substance from which really needed for some reasons.

[Jin xiou]

Compared to traditional assets, the volatility of the Crypto currency is indeed high. The average annual volatility of fiat money, as a rule, does not exceed 3-4%. For the currency, the exchange rate fluctuations are normal within 20%, sometimes they reach 50%, and the average annual volatility of many crypto currencies exceeds 100%.

[Ziomuro27]

I got caught up in this news last 6 hours ago, most of us participants are hoping that Bitcoin will someday become a Global Currency, why is that?

Any thoughts or opinions about this?

Yes, I also hope that bitcoin will be the  global currency, but the problem is most of the  government in other countrie's disagree on bitcoin. Hoping that bitcoin will implemented to there country so that it may helps people to learn and know more about the good benefits that they can get on this currency, likewise to give them an easy transaction of money.

[Aroma92]

What do you mean by saying whether bitcoin will be a global currency? Will he supplant the fiat? Or it will dominate the crypt that now, while it's happening. I think that fiat will not thin out thinly and that they will remain # 1, too, there are doubts.

[cellflash]

I got caught up in this news last 6 hours ago, most of us participants are hoping that Bitcoin will someday become a Global Currency, why is that?

Any thoughts or opinions about this?

Bitcoin is a global currency in crypto..A digital coin that we used to pay or send money throughout the world without exchanging it to currency by country.. Unless we encash it..
The goal of bitcoin is useful and faster but the risk is there. If it is lost, or if it's blockchain be broken, we cannot blame anybody but ourselves.. Because, it is not controlled by the government.. It has the freedom to transact/transmit money without controlled by banks..
But the thought is there.. it is currently considered a global currency with the help of technology.. If only its blockchain will be more developed and have innovative privcy, then it can be the future currency..

[Jihuny23]

Actually if bitcoin will become global currency, it is very difficult. Now, there are still many who oppose bitcoin, a lot of polemics and problems with bitcoin so if bitcoin into global currency then it requires a long process. The first to work on bitcoin homework is gaining recognition from across the country if it wants to be a global currency. It takes time and process that is not short. Besides that, I think if bitcoin will become global currency then bitcoin must change the decentralized system to be centralized so that bitcoin price is more stable.

[Genamant]

I got caught up in this news last 6 hours ago, most of us participants are hoping that Bitcoin will someday become a Global Currency, why is that?

Any thoughts or opinions about this?

As much as i would like bitcoin to be a world currency i really don't think this will happen. Digital currency yes. World government will not allow that and greed for power will always matter to every government. Unless they can control bitcoin this just won't happen

[melkola]

I think that bitcoin can be called a global currency. But things are changing and changing very rapidly. Every day there are a lot of new coins. Most of them are of course more like garbage and have no value and interest. But there are also very worthy representatives of the crypto currency. Perhaps soon we will say that bitcoin is one of the global currencies. This time will come already very soon I think so.

[solarisexodus]

Bitcoin won`t be global currency because in the first place, people do not put trust on this crypto as “currency”; it is just a mere translation because it can be used like a normal currency, but the public put trust on it as investments used for trading. So, if it won`t be global nothing to think as it would lower Bitcoin. People always trust so long as investments/tradings/exchanges are present; the only problem is if investors won`t trust.

[Bervelukan]

I think bitcoin would be a very difficult thing to be a global currency, because I do not think everyone understands the Internet and bitcoin.

[Arafat01775]

It could be, because bitcoin is not allow in all countries. That's why could be bitcoin won't be global currency i think.

[jrd2828]

It could be, because bitcoin is not allow in all countries. That's why could be bitcoin won't be global currency i think.

The popularity of bitcoin has gone far, it is well know in most countries in this world and up until now there are lot who believes in bitcoin. In fact some of the countries like Japan, Philippines and other more are accepting bitcoin as payment. Now, if we try to look far, there is a big possibility that bitcoin will be globally accepted if it continue its great performance and legacy.

[Btcmicel]

It could be, because bitcoin is not allow in all countries. That's why could be bitcoin won't be global currency i think.

The popularity of bitcoin has gone far, it is well know in most countries in this world and up until now there are lot who believes in bitcoin. In fact some of the countries like Japan, Philippines and other more are accepting bitcoin as payment. Now, if we try to look far, there is a big possibility that bitcoin will be globally accepted if it continue its great performance and legacy.

At this time it is difficult to emplement but in the coming next generation it could be the bitcoin is the globalize currency. Because the other countries start to accept as there payments system. It is a good start for bitcoin.

[Jaidman]

I got caught up in this news last 6 hours ago, most of us participants are hoping that Bitcoin will someday become a Global Currency, why is that?

Any thoughts or opinions about this?

Bitcoin is already a global currency compare to cryptocurrency, any altcoins that doesn't accept bitcoin are fake also most countries are already using it. Thou few term it as illegal while most legalize it.

[youngsoft]

In my opinion bitcoin will soon be a global currency in near future that all most all the country will accept it because it very easy and stress free in transacting it

[Polo joey]

Bit coin has already become a global currency now it just need the approval of the governments of every country.

[Jansaa]

The future of Bitcoin, Digital money is ahead! Now is the first stage of development! Everything just started! Need more time to evaluate correctly!

[kotajikikox]

The future  of bitcoin as global currency is very near possible to achieve, my opinion base on the update news many countries accept bitcoin as payment and some businesses are accept bitcoin as payment, if not wrong the latest news about bitcoin KFC canada accept bitcoin as payment sign that bitcoin become globally currency in near future.

[fulled]

Bitcoin have a possibility to be the global currency, but i think when it happen we will losing our privacy, because goverment need to know specificly total asset we have on bitcoin, so they can charge tax to us

[tkaush]

According to my understanding it is too early to become a globally recognized currency because it is too new to the world not just it's name but it's concept which is the main reason most governments are making restrictions against bitcoin but we see positive changes today for an example countries like Switzerland and Belgium focusing to accept Bitcoin as a recognized foreign currency  and central Banks in G7 countries are willing to invest in Cryptos so it will be a global currency in the near future the only thing Bitcoin need is more time until the world understands it's true potential

[nightxglow]

Global currency as in a currency that's used by everyone in every country worldwide? Then if so, of course the answer will be no. Bitcoin won't be global currency. Why? Because it's hard to change something that's already stayed for long. Every country has their own currency, that they believe and use. Of course it will be hard for bitcoin to replace them. Very hard, indeed.
But of course, us, as bitcoin users want bitcoin to be more known, used, and accepted. Not being looked down anymore. Maybe that's why people want bitcoin as a global currency, so we'll get the acknowledgement we need maybe?

[Fishthatgirl3]

I got caught up in this news last 6 hours ago, most of us participants are hoping that Bitcoin will someday become a Global Currency, why is that?

Any thoughts or opinions about this?

It is nowadays tradable around the the globe. Any of us can buy and sell bitcoin. So it is "global". To make it currency, we need more than that. One factor is the price needs to be more stable.

[imteaz]

Bitcoin will be global currency, just give it 5 years, once everyone can buy and sell with their phone and with few apps with low fees and fast transaction, i believe it will be a global currency.

[Zapto25]

yes I think so bitcoin has become a global currency because of the essence of global currency because seudah received and in use around the world

[jeffer8035]

bitcoin today is a global currency or a global asset that says otherwise is shod that is the same as saying that gold is not global bitcoin is also a reserve of value is also limited i also have to get it out of a mine but virtual it is difficult to obtain or mine it takes time and work is not that you say I am going to create a bitcoin out of nothing has to have a computer mining machines electricity internet and work all day and the other way is to invest money and market it so it is not easy the degree of difficulty is what makes bitcoin is maintained because it can not be manipulated

[MI6]

Bitcoin will be global currency, just give it 5 years, once everyone can buy and sell with their phone and with few apps with low fees and fast transaction, i believe it will be a global currency.

how to fix fee and transaction problem? and if 5 years bitcoin reach its limit nothing that we can do again. after all circulation almost end it is difficult to send bitcoin to another place if miner not work again

[Herbys]

I got caught up in this news last 6 hours ago, most of us participants are hoping that Bitcoin will someday become a Global Currency, why is that?

Any thoughts or opinions about this?

For this, it is necessary that all would be interested in the introduction of Bitcoin, the global currency should be provided by glabial economies.
I think this will not happen in the near future, now the global currency is $ and this is completely satisfied with the USA, they are doing everything that would be so all the way.

[pltgksl]

perhaps not bitcoin, but any cyrptocurrency will be global.

[EdenHazard]

I got caught up in this news last 6 hours ago, most of us participants are hoping that Bitcoin will someday become a Global Currency, why is that?

Any thoughts or opinions about this?

If you mean bitcoin to be a global currency that can be used by all people in this world and used as a payment system in various aspects, it is impossible to happen with confidence for many reasons. Only people are crazy about bitcoin and have a passion for bitcoin to have a high price that wants it to happen.

But if you mean bitcoin become a global currency only for people who know bitcoin, for instance, I live with you in different country and I will sell the goods to you and we have agreed the payment instrument that we use is bitcoin, indirectly bitcoin has become a global currency. Because we have a different currency, but with bitcoin everyone who uses it is the same.

[Himanshu111]

I got caught up in this news last 6 hours ago, most of us participants are hoping that Bitcoin will someday become a Global Currency, why is that?

Any thoughts or opinions about this?

If you mean bitcoin to be a global currency that can be used by all people in this world and used as a payment system in various aspects, it is impossible to happen with confidence for many reasons. Only people are crazy about bitcoin and have a passion for bitcoin to have a high price that wants it to happen.

But if you mean bitcoin become a global currency only for people who know bitcoin, for instance, I live with you in different country and I will sell the goods to you and we have agreed the payment instrument that we use is bitcoin, indirectly bitcoin has become a global currency. Because we have a different currency, but with bitcoin everyone who uses it is the same.

Yes because this is impossible.Bitcoin is just a mere cryptocurrency and is also not able to recover from a very long time.Many people still do not know about bitcoin.Moreover it requires internet connection which is not available in every corner of the world.It also requires some knowledge to get operated.It also has a risk of getting hacked.It is very volatile and can also disappear from the market too.It is also banned in some nations too.

[TmottaDing]

I think that it will happen in a few decades from now, i am a bitcoin holder and an entusiast but i dont think that we are going to see a huge adoption in a few years (1 - 2) just like many people said before.It is going to take a long time, a lot.

[Prince Malik]

The global currency(bitcoin or any another currency)will not serve the dominant contries so we will not see a global currency(only if the system of the world will changed)

[buttonmc]

Bitcoin is not a comprehensive solution to solve all the problems that people often think of. Instead, you are looking at each ledger, each with different blockchains that will solve different problems.

I agree with you, and one more point about it. People now want to sell money from nothing. They believe that one day if he or she invest into something about $1,000, you can earn $2000 for 2 months. It is something fantastic.

[batang_bitcoin]

I think that it will happen in a few decades from now

We don't have to wait for a decade before seeing bitcoin become a global currency. Actually, it's already one of the best alternative payment system that's being used globally, today.

perhaps not bitcoin, but any cyrptocurrency will be global.

If bitcoin won't be your global currency, what currency are you expecting to become? dollar?

As I've said, bitcoin is a global currency today and it has been massively used with various market places and trades online.

[NelfiNovita]

I got caught up in this news last 6 hours ago, most of us participants are hoping that Bitcoin will someday become a Global Currency, why is that?
Any thoughts or opinions about this?

It is already a global currency because anyone can freely use it but the real problem is the issue about the legality in countries and this is the reason why bitcoin is being prevented from reaching its mass adoption and be used as a medium of payment or as a currency. But I understand why some countries dont want it as a currency it is because of the volatility of it and it is hard to use a currency that is not stable. And I think it will never be stable because it is being traded and people are just into it because of the profit that they can get from investing in bitcoin.

I do not fully believe the slant news about bitcoin, because some of the outstanding news is made by people who do not like bitcoin and people who are frustrated because prices are falling too long.
bitcoin is a global currency that can be accepted by everyone, only in some bitcoin countries has not been legalized.

[Patpro]

Btc won't be a global currency as in, not gobally accepted??
Already, Btc is used by citizens across the globe irrespective of the fact that some countries have illegalised its use. This even declares that alreacdy, it is globbally known. I believe with time, Btc will be legally accepted, if not in all countries, ,many will do

[TropicalDog]

Few countries don't accept bitcoin as a payment method, so you can say bitcoin is a Global Currency now. See more: https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country_or_territory

[MTNAX]

If the global system changes, bitcoin will become a global currency, given the growing number of people who know and use bitcoin make bitcoin readily acceptable in the community. As the development of the bitcoin era is believed to bring changes in the world for people who can take advantage of it.

[yugyug]

Bitcoin is adoption is as young as the infancy and still very far from reality to become a Global Standard currency yet for electronic transactions this could be applied as a standard for crypto currency but a conflict against fiat is still debatable to be accepted as a Global Currency but as long as bitcoin still exist then bitcoin has its own world trying to connect other currencies.

[sheyicrypto]

Bitcoin won't be Global Currency, so many countries are not in support  of bitcoin there it is not a global currency it will take time before it will be

[doreraj]

I got caught up in this news last 6 hours ago, most of us participants are hoping that Bitcoin will someday become a Global Currency, why is that?

Any thoughts or opinions about this?

the are many reasons why it came became or not become a global currency
will see how it goes

[Escan0r]

Probably because bitcoin is not accepted in all countries makes the factor why bitcoin will not be a global currency. Because it requires all the recognition of the country that exists in the world like the dollar that has become the global currency.

[Rosa Paula]

I got caught up in this news last 6 hours ago, most of us participants are hoping that Bitcoin will someday become a Global Currency, why is that?

Any thoughts or opinions about this?

Bitcoin won't be a worldwide cash on the grounds that bitcoin is prohibited in a portion of the nations on the planet and that can't be called worldwide money if a portion of the nations are against bitcoin yet it can be changed later on if those nations who restricted bitcoin will see the improvement and the centrality of having bitcoin in their life and furthermore the advantages of its innovation.

[cxmyifan16]

btc will be a global currency why not? I think that it will win the market , it has done this before and will continue doing this. It is the best coin and it will win the future crypto world for many years. I am sure that it will become the main currency

[BitGunner]

why do you think so? i think that it or ether will occupy this place because they use a blockchain technology which is very smart and innovative, i think that it is possible that they will be able to be the main currency soon

[cizatext]

Yes bitcoin will one day become the world global currency because bitcoin is gaining the awareness and the market support already, bitcoin has the market capitalization to become the world universal currency and with it flexibility and transactions eas bitcoin will perform well as the universal currency due to it universality.

[16sept]

bitcoin today is a global currency or a global asset that says otherwise is shod that is the same as saying that gold is not global bitcoin is also a reserve of value is also limited i also have to get it out of a mine but virtual it is difficult to obtain or mine it takes time and work is not that you say I am going to create a bitcoin out of nothing has to have a computer mining machines electricity internet and work all day and the other way is to invest money and market it so it is not easy the degree of difficulty is what makes bitcoin is maintained because it can not be manipulated

[Aicee Maurin]

People like me believe that Bitcoin is a global currency soon. It would not be so, because even now, governments of all countries have different attitude towards bitcoin. For this reason, today it is also legitimate, partial legal and even illegal. Analyzes are still on this issue. Until now it is not a global currency.

[bayu7adi]

indeed bitcoin will not be the currency of the future, but there will be a cryptocurrency based blockchain will become the currency of the future
I am sure of that and also I am waiting for the epic moment

[zmkriel]

I got caught up in this news last 6 hours ago, most of us participants are hoping that Bitcoin will someday become a Global Currency, why is that?

Any thoughts or opinions about this?

It is possible that bitcoin can be a local currency but it will remain a secondary currency to fiat i guess. It will be difficult for everybody to use a volatile currency in all aspect. I love bitcoin so much but i am not in favor of the idea of making bitcoin as main currency instead it is ideal for investment only.

[Allan Ramanda]

I got caught up in this news last 6 hours ago, most of us participants are hoping that Bitcoin will someday become a Global Currency, why is that?

Any thoughts or opinions about this?

I was already predicting bitcoin will never be a global currency. for example in my country bitcoin can not be accepted by the government, because bitcoin trading is very risky, and there is no clear law. for me bitcoin is a tradable asset, and makes us have a big advantage.

[binhvo1505]

I got caught up in this news last 6 hours ago, most of us participants are hoping that Bitcoin will someday become a Global Currency, why is that?

Any thoughts or opinions about this?

Because it is both an electronic currency and a medium of money trading among traders. It is a versatile currency and is highly appreciated. In the future, Cryptocurrency will be popular all over the world and Crypto community will become more crowded. It will attract a lot of stock investors.

[Liaalif]

yes I agree with this news, bitcoin will not be a global currency because it is bumped by government regulation and price fluctuations of bitcoin itself

[gesdan]

if the bitcoin become the world currencies i think it will be good for all people that hold bitcoins and investing in bitcoin because it will make the price of bitcoin is increasing more and more, but maybe it will need more time to reach that, because we can see there are many challenges that bitcoin should pass it

[ajaymukund]

I got caught up in this news last 6 hours ago, most of us participants are hoping that Bitcoin will someday become a Global Currency, why is that?

Any thoughts or opinions about this?

I think they are real investors in the Crypto market and they poured all their capital into it
Bitcoin or other altcoins. So they always want the Cryptocurrency market to always grow strongly and make their portfolio increase. They always find ways to flatter Cryptocurrency despite the very bad situation.

[bp124]

Bitcoin becoming a global digital currency is what most crypto analysts and enthusiasts hope it become so but currently it has to go through several stage of testing by countries to see whether it is actually sustainable to be used as a currency. Currently South Korean has opened its doors to cryptocurrencies and so does some African countries like Zimbabwe also running bitcoin ATM machines

[adolf512]

I got caught up in this news last 6 hours ago, most of us participants are hoping that Bitcoin will someday become a Global Currency, why is that?

Any thoughts or opinions about this?

If you believe all the news and opinions of some people, and make decisions based on them, then you will not be able to stay in this industry for a long time, because you will make many mistakes.

[jrd2828]

I got caught up in this news last 6 hours ago, most of us participants are hoping that Bitcoin will someday become a Global Currency, why is that?

Any thoughts or opinions about this?

If you believe all the news and opinions of some people, and make decisions based on them, then you will not be able to stay in this industry for a long time, because you will make many mistakes.

I disagree! Cryptocurrency getting well known in most countries. In fact JAPAN and PHILIPPINES are two of the many countries accepting the cryptocurrency. Many businessmen in the Philippines accecpt bitcoin as a payment. And I believe in the next 5 years, crypto will be globally accepted.

[ParavaleN]

Bitcoin becoming a global digital currency is what most crypto analysts and enthusiasts hope it become so but currently it has to go through several stage of testing by countries to see whether it is actually sustainable to be used as a currency. Currently South Korean has opened its doors to cryptocurrencies and so does some African countries like Zimbabwe also running bitcoin ATM machines

Russia will not, because many people do not have a good income. And forced to live in poverty. And the rich can afford it. Use cryptocurrency

[Crypto24hrs]

When should a currency be classified as a global currency? perhaps it is when a good number of people from different countries use it as an acceptable means of exchange and if we agree to this statement of fact it means that BITCOIN is already serving as a global currency awaiting its inclusion in the guiness book of records

[mr.bean865]

Anyone who was saying that bitcoin will become global currency one day has got his beliefs in bitcoin and had earned many profit from this crypto currency and after got impressed from its fame they are expecting that one day it will be global currency.

[nagobinga]

now many people say bitcon is limited to side jobs but for me bitcoin is very important and bitcoin can be the first currency in the world.

[mohammedmattar]

It takes great patience
Becoming a btc
A truly global currency
But we are on the road and the BTC is doing well
do not worry

[TheClownSong]

I got caught up in this news last 6 hours ago, most of us participants are hoping that Bitcoin will someday become a Global Currency, why is that?

Any thoughts or opinions about this?

To be global currency, bitcoin should accepted by most country in the world. Many country in the world wont issuing regulation on bitcoin if used for payment. I think its hard to make bitcoin as global currency, because central banks must be want to take control on supply

[Zaarin]

I think it's not genuine. Bitcoin is the best, most oldest and most importantly the most obedient crypto currency throughout the world. Not by yourself me many of the economist go along gone to that it's just a business of period once bitcoin will be a global currency.
Bitcoin is the demand of tallying generation people. Due to it's manageable transition, availability people high regard crypto currency difficult than flat money.

[pshannon21658]

Bitcoin is the demand of new generation people. Due to it's easy transition, availability people love crypto currency more than flat money

[xuzukami]

I do not agree with this view. Although it is difficult to be sure of this. But according to the way BTC has shown in the past few years, I still put a lot of trust in BTC, I still expect Bitcoin to become the first electronic currency to be used to replace the dong traditional money, because of the utility that it brings to human life

[joerogers8]

I believe Bitcoin will be the next world currency because the US government has not gone to war with it and is not on the media 24/7 brain washing their population about the sever danger of using such a horrible technology.  The governments allow Bitcoin so they are Bitcoin.

[globalpain]

I got caught up in this news last 6 hours ago, most of us participants are hoping that Bitcoin will someday become a Global Currency, why is that?

Any thoughts or opinions about this?

To be global currency, bitcoin should accepted by most country in the world. Many country in the world wont issuing regulation on bitcoin if used for payment. I think its hard to make bitcoin as global currency, because central banks must be want to take control on supply

yes I agree, it is very difficult for bitcoin to become a global currency, many countries forbid bitcoin from being used as a currency for payment transactions, this greatly inhibits bitcoin from becoming a global currency, so in my opinion it takes a long time for bitcoin to become a global currency

[thankyoulord]

Well bitcoin is one currency that has shown so much potential within a short period of time. Bitcoin was invented with a great and unique ideology never seen or heard of before. It will surely become a global currency as the world continues to see it's potential thereby adopting it's usage.

[thichtieuthuong]

I got caught up in this news last 6 hours ago, most of us participants are hoping that Bitcoin will someday become a Global Currency, why is that?

Any thoughts or opinions about this?

Time will answer everyone in the world since its inception so Bitcoin is showing its development and improving itself. Although the government in some places has introduced laws to limit Bitcoin, there are also countries that accept Bitcoin and allow citizens to use it. I believe that Bitcoin will become an important global currency as time is the trend of the times so there is nothing that can be prevented.

[zarintasnim]

Bitcoin is all ready global currency. Bitcoin is very popular currency in all over the world. So many fields are use in bitcoin in everyday. And everyday include in new fields.  All govt realize the importance of bitcoin and they take positive step.

[aLLvaro20]

Maybe my opinion if Bitcoin (BTC) becomes a global currency will sound difficult to materialize, but if used globally we have often found it in everyday life, because this digital currency has become the biggest transaction tool for e-commerce in service providers virtual money transactions. This is because many a transactions without face-to-face are made by everyone in various parts of the world because bitcoin transactions can be done easily anywhere in the world as long as they are connected to the internet..

[Elerntta]

I very much hope that bitcoin will have enough opportunities to become a single world currency, but unfortunately this is far from reality. There are countries that have banned it in their territories.

[WebTera]

Bitcoin may not be able to become a global currency in every country, but over time it will be used by the whole world, I am sure. It is very convenient and everyone will understand its advantage.

[beniesyde]

Bitcoin without borders, and you can send it to anyone in the world, even if bitkoyn is banned in your country. I sent Bitcoin to friends from 15 countries, and I bought products and services from Bitcoin in even more countries. I believe that these are the future

[Epimetheus]

maybe yes,because bitcoin not legal all the world, so bitcoin won't be global currency

Bitcoin can't be global currency and their are many reason behind this. Bitcoin is a decentralised currency which means it doesn't under control of any kind of authority or government and many government doesn't want any outside currency in their country on which they have no control. Another reason is bitcoin is a highly volatile currency which means its price doesn't stable and for this the share market of many countries influence. Bitcoin is also involved many serious criminal activities like malware attacks, cryber crime etc.

[Hkim21]

I'm not too concerned about the future of bitcoin which may not be a global currency, because the fact that now without global currency status bitcoin is still developing and helping many people in financial terms. Although I am sure that with that status will help more people enter the market, but I don't think that is too important as long as I can still enjoy bitcoin.

[malekbaba]

Global adaptation is the ultimate goal of crypto specially Bitcoin. Only major Fiats are considered as global currency cause you can trade or use them in everywhere. Bitcoin is almost global. Asia, Africa, Europe, America and Australia, people are using btc as a currency. People want a secure way to transact which is cheap, easy, less time consuming and hazard free. BTC fulfills those criteria (almost). The underlying block chain tech is quite impressive and I think BTC is going to be a global currency.

[teejayrichard2]

bitcoin so far has shown so much promise despite being young in the financial industry. this shows in few years to come it will achieve more than what it has achieved in the past few years. bitcoin will surely become a global currency in no distant time.

[adpinbr]

Too early for you to state such thing, I think Bitcoin has a shot and opportunity in becoming a global currency, nothing is impossible, and I think it is not impossible for that to happen, you may think of me as an optimist, but in my own perspective and opinion, I really do think that Bitcoin can become a global currency.

[ajuelnah akun]

I don't expect bitcoin to become a global payment currency in the future.
I agree more that bitcoin is only an investment asset.

[vin22]

It is just a matter of time for btc to become a global currency it just need a little of our support for it to move that high..
If a few country just legalize it the way others are doing now it will turn global sooner or than we have ever expected.

[Crypto one]

Bitcoins have failed as a currency so getting bitcoins from where it is now to become a global currency seems like something that ain't going to happen in the near future.
Bitcoins are a store of value, it's a really good place to store your wealth. And after next financial crisis it will most likely be a world know place of storing wealth. I think we will see many rich  people who buy a handful bitcoins just to be sure they have access to money if everything else fails.

[tsinelas]

I got caught up in this news last 6 hours ago, most of us participants are hoping that Bitcoin will someday become a Global Currency, why is that?

Any thoughts or opinions about this?

They are aiming that cryptocurrency will become a decentralized and a world wide currency, so how can we trade?if we have same value of money, do we become interested of trading then? We knows that lots of people are against bitcoin which affects it's name and it's growth.

[Dexion]

yes, bitcoin will be a global currency like other fiat currencies, recognized and accepted by the world for every payment.

today we see a slow process to achieve that goal, but it doesn't matter, because a country has to make a good decision when they will receive bitcoin, they must to do an analysis in every aspect of the society condition. the government also must see some primitive people, because they will inhibit crypto development.

[SistaFista]

I got caught up in this news last 6 hours ago, most of us participants are hoping that Bitcoin will someday become a Global Currency, why is that?

Any thoughts or opinions about this?

With the current market price, bitcoin has preferable to become an asset to hold than a currency to use because the price is very high.
There are peoples buy to hold it than to use it to paying goods or services. But maybe im wrong.

[Vansoff]

For now bitcoin may not replace fiat money but I think the use of bitcion is now distributed evenly even many people in developing countries will receive bitcoin as a means of payment.
And the minds of people who continue to benefit from the bitcon will destroy satellite hopes to make bitcoin into global currency.

[PlusOne88]

It may not be global but bitcoin had been supported by many countries which I think is just enough to sustain its popularity and usage. It doesn't really matter for me for as long as many are able to use it because eventually as time goes by there could be changes and who knows it will totally be accepted world wide.

[qiman]

Bitcoin is a type of global asset now, more than just a currency but now governments like Dubai are thinking to create their own stablecoins, like the USDT and also China is looking into creating it's own electronic Yuan, so I think although Bitcoin is the grandfather of global electronic currencies, it will be considered more like the GOLD of crypto assets, rather than just a world wide currency as such, especially because of its pricing being so high now.

[reverseflash]

maybe yes,because bitcoin not legal all the world, so bitcoin won't be global currency

Bitcoin can't be global currency and their are many reason behind this. Bitcoin is a decentralised currency which means it doesn't under control of any kind of authority or government and many government doesn't want any outside currency in their country on which they have no control. Another reason is bitcoin is a highly volatile currency which means its price doesn't stable and for this the share market of many countries influence. Bitcoin is also involved many serious criminal activities like malware attacks, cryber crime etc.

The dollar is also often used to finance crimes, but this does not affect its position in the financial market. Bitcoin can become a world currency, but for this it is necessary for society to reach a higher level of technology development, since Bitcoin, in contrast to the same dollar, requires Internet to complete transactions.

[Irvinn]

For me, this is not news. I also believe that Bitcoin can not be a global global currency. The main reason for this is the high volatility of this coin. Because of her, bitcoin will be used primarily by individuals. States and business structures are unlikely to use bitcoin widely for their transactions.

[WebTera]

For me, this is not news. I also believe that Bitcoin can not be a global global currency. The main reason for this is the high volatility of this coin. Because of her, bitcoin will be used primarily by individuals. States and business structures are unlikely to use bitcoin widely for their transactions.

Yes, at this stage we cannot use bitcoin as a global currency. But this does not mean that there will be no such opportunity in the future. His technology is designed for that. So I believe in this opportunity.

[Glutius]

I don't hope bitcoin will become the main currency, but I still expect it to happen. It will be very convenient for international monetary operations, it will erase borders between States to some extent. Therefore, I consider the idea of a global cryptocurrency to be very noble.

[Pyr3x]

I still prefer to take the view that the possibility that bitcoin will become a global coin is quite real. That's what it's designed to be. Therefore, I urge you to believe in the positive development of bitcoin.

[Udrujec]

I also have little faith in the fact that bitcoin can reach global proportions. Yes, I understand the beauty and convenience of this idea, but I think that the authorities will not allow bitcoin to achieve this. But I hope I'm wrong.

[hahay]

Even I never believe that bitcoin can be a global currency, then why can you believe things that are clearly impossible. I only see from the rough side if bitcoin is just a new innovation of digital currency which means that bitcoin does not have a physical form like the official currency released by the government, bitcoin has also been said in many articles if bitcoin is a valuable digital asset, bitcoin also still difficult to penetrate the high legality in the world, and many more that will make you sure if bitcoin will not be a global currency.

[Pinkris128]

For me, this is not news. I also believe that Bitcoin can not be a global global currency. The main reason for this is the high volatility of this coin. Because of her, bitcoin will be used primarily by individuals. States and business structures are unlikely to use bitcoin widely for their transactions.

Yes, it wont be a global currency if it doesnt have a fixed value. Since bitcoin was volatile it will be hard to monitor. In a ddition it aas a decentralised money. Which no one control even government so how can it be a global currency without a support of government right.

[Renampun]

I feel Bitcoin won't be a global currency because Bitcoin is a decentralized coin, not a centralization coin, and decentralized coins will be very difficult to set their circulation and price. this is the reason I think the cause of Bitcoin will not be a global currency.. CMMIW

[bajingluncat]

I do not expect that far, especially as a global currency that must fulfill the legality of all countries in the world which will automatically replace fiat, I think that is impossible, for me bitcoin is enough to become digital money that complements the existence of fiat money and as an investment tool that I hope that in the near future there will be quite high price fluctuations, so adding new investors, I will not expect anything that is impossible without being forced on bitcoin will have its own place and that is special in the world economy