Bitcoin and Future of Economy!

[Eva Ren]

Future is too unclear to be seen and predicted. Therefore, I prefer to build a well-diversified portfolio based on your risk preference and investment goals. And it should include different assets among which are various currencies and projects. I can name you one good Token Sale. It is called Socratus.  It is an insurance ecosystem which provides a digital platform for insurance companies. So any insurance company can connect the platform to become the part of Insurance Digital Ecosystem.

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[BagzMM]

Now we can see some countries are regulating bitcoin and some government don't like it.Otherwise Bitcoin hasn't a stable price.
So my question is can bitcoin be a main currency of world economy?

In my opinion, this could be possible if all country would accept bitcoin but its not what is happening today. Government cannot control or regulate bitcoin because it has their own decentralized policy.

[arpon11]

Now we can see some countries are regulating bitcoin and some government don't like it.Otherwise Bitcoin hasn't a stable price.
So my question is can bitcoin be a main currency of world economy?

Bitcoin is going to be number world currency and that may happen before 2030. Many countries are studying bitcoin and blockchain technology and how to adopt it into they financial system. The current good news coming into the market is also a sign that bitcoin is going to recover.

[MNDan]

If we will fresh and open to a new ideas here I think bitcoin will be the great helper and supporter for the existing economy system in the world.

[hatsoff2btc]

It very possible that crypto currencies would be the main currency of the world but that would be years in the making, maybe even atfter our lifetimes. I mean in itself, Bitcoin is very volatile and has spiked and dipped alot this year that investors are actually afraid of adopting it in their businesses. But i see alot of people accepting ETH as payment. Mostly on porn sites.

Good time is just about to come. People from different backgrounds are continuously coming into this world and making their places at right time. Soon, such chances will be sabotaged and people will be looking for such events that are enormous to help them. So things are better here and it would be better in future too. Just keep your faith in it and make good progress.

[Fantastic33]

Bitcoin can become the main currency in the world IF all the government will accept its use. However, that would be hard to achieve since the government do not have direct control on bitcoin. Every government have their own currency which is already existing for many years and changing fiat to bitcoin will take a lot of changes in the economic system since every fiat have different value and prices. Another is that the central bank still do not consider or recognize btc as a currency, so how can we use it wordwide? And lastly, to be able to use bitcoin, one must need an internet connection and a mobile phone. Without this 2, bitcoin cant be use.

[ahiaba.john@yahoo.com]

Bitcoin is a world currency already since many people all over the world used it directly or indirectly. Many nations in the world have started accepting the uses of bitcoin and cryptocurrency in general. Gradually all the nations in the world would adopt crypto currency, particularly bitcoin as legal entities.

[chosenboy4]

Are digital currencies a scam or the holy grail of financial liberalization? If past disruptive innovations serve as an example of what to expect from digital currencies, then the answer is likely neither.  The three phases of disruption that we have seen through the history of technology are likely to play out in the digital currency space:

[denisaardelean]

Now we can see some countries are regulating bitcoin and some government don't like it.Otherwise Bitcoin hasn't a stable price.
So my question is can bitcoin be a main currency of world economy?

You can see that the current bitcoin has no effect and much impact on the world economy, with capitalization less than $ 300 billion, bitcoin in particular and the crypto market in general is too small to compare. Compared to stocks or Forex, so I think you can completely rest assured to invest in bitcoin because bitcoin will not be affected by the coming economic crisis.

[kulagina]

It will not be main currency worldwide. However, the influence and acceptance will increase with time in my opinion.

[Ezmael Wright]

I think it will happen but at the right time. When our government has a bitcoin awareness and what it can give and contribute to our economy. When they are aware that in wonderfull the bitcoin can make the transaction without fee and anonymous. But I think this happens when the bitcoins are centralized.

[RasicaOla12]

bitcoin has a certain impact on the economy if the ico programs are useful they will make the economy grow and go deeper than before and vice versa they are interacting

[nagobinga]

the future of the world economy is now threatened by digital currencies that cannot be matched by any world and indeed it has existed from year to year.

[Direwolve735]

Now we can see some countries are regulating bitcoin and some government don't like it.Otherwise Bitcoin hasn't a stable price.
So my question is can bitcoin be a main currency of world economy?

At the moment, the world currency is the dollar. But this will not always be so. Crypto-currencies will become a new stage in the world economic development. Therefore, bitcoin, as the main electronic coin, is a way to reduce the influence of the dollar. Bitcoin is able to reduce the importance of the US dollar in the world financial sphere and become the main currency of the world economy.

[cryptokia]

Now we can see some countries are regulating bitcoin and some government don't like it.Otherwise Bitcoin hasn't a stable price.
So my question is can bitcoin be a main currency of world economy?

I think this is not possible right now, because people not fully trust Bitcoin to be even an alternative payment method, so they wont definitelly allow Bitcoin to be a main one!

[drachman]

for now I think it is still too early to discuss about it, the main purpose of bitcoin is to be the world currency.
but you see rejection in many countries, I think it will take a long time, until the vision is achieved.

That is incorrect, the vision of satoshi was not to make bitcoin a world currency, bitcoin is supposed to give us an option to store our value in a currency not controlled by any government that cannot be printed at will and that vision has been reached already, what we are looking is for bitcoin to be more widely used, that way we can avoid using fiat completely and use only bitcoin for our transactions.

[bennypagulayan]

the future of the world economy is now threatened by digital currencies that cannot be matched by any world and indeed it has existed from year to year.

I think that cryptocurrency is giving superior credit to the world economy and I believe that countries that have boldly implemented blockchain and cryptocurrency will thrive in this era. Be open and assess the true potential of cryptocurrency.

[Amanda Green]

Everything could happen, therefore, the smartest way to invest in digital assets is to build a well-diversified portfolio based on your risk preference and investment goals. Such a portfolio would likely include a substantial holding in bitcoin and small exposure to promising tokens. I have found a trustworthy  project. It is called Socratus.  It is an insurance ecosystem which provides a digital platform for insurance companies. So any insurance company can connect the platform to become the part of Insurance Digital Ecosystem. Their main aim is to create a win-win insurance whereby you get instant claim payment,  fair and transparent dealing and friendly prices. They are also helping insurance companies to reduce costs (it can be reduced from 15 to 25 %) and get their business on a new level. Also, they are powered by Smart-contracts & Socratus Oracles. It means that there is no more solo human decisions to pay or not to pay, no more lingering manual claims handling procedures.

[Sled]

the future of the world economy is now threatened by digital currencies that cannot be matched by any world and indeed it has existed from year to year.

I think that cryptocurrency is giving superior credit to the world economy and I believe that countries that have boldly implemented blockchain and cryptocurrency will thrive in this era. Be open and assess the true potential of cryptocurrency.

In the future, it will happen for sure because the cryptocurrencies are no joke and they are the future of the currencies and most of the companies and the technologies will be powered by the blockchain technology because it is safer and more secured than ever so it is a no brainer to think and believed that it is the future of the world.

[zeaderza]

Its possible but it make take decades before it happen. Bitcoin may increase its value but it will have a hard time to get in the main market around the world. Maybe the whole cryptocurrency can be a good alternaternative for a fiat money but it will never be the main currency I think. Our government will always find ways to protect fiat money, but a least cryptocurrency will be accepted around the world in the future.

Yes that's right. Bitcoin is very good and a big  help for our future. It will also lower the rate of poor people in this world. It can also rise our economy.

That is right. Just recall the Solow growth model and we can say that even if all the factors of production are fully employed, we can improve the output by involving technology in the production process. Also the improvement and advancement of technology further contributes to the growth. So the involvement of Bitcoin can really give a forward push to the economy.