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kolsernik
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October 03, 2018, 04:27:48 PM |
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The picture is too eerie.No one is saying that bitcoin is a monopolist over all the currencies.The Fiat money isn't going anywhere.And in General, let's think about why large companies create equipment for mining?Do they want that sort of peace which is depicted in the picture?Probably not.
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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ngusmin
Copper Member
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Activity: 496
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October 03, 2018, 05:27:01 PM |
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I think Fiat will survive, and still be the main currency. And if bitcoin wants to replace fiat, it will be like fighting the government.
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kzozenberg
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October 03, 2018, 05:43:31 PM |
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First of all, bitcoin will never be one currency which can be paid. Fiat money will not go out of public circulation. Bitcoin will simply help to make more modern transactions.
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stiffbud
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October 03, 2018, 06:54:03 PM |
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I don't think that bitcoin will be an world currency. Their is so many obstacles present between the path of bitcoin to become an world currency. First reason is its decentralised nature because of this government ban it. And Because of this i don't think so it will be an world currency. Another reason its its high volatile because of this many investors suffer from loss and left bitcoin. And its untraceable money transaction facility attract many anti social people to use it for various criminal purposes and because of this many government ban it.
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eashikde
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October 04, 2018, 06:11:23 PM |
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I believe that many people have misunderstood the author, meaning not as a single, but a world currency. Nevertheless, I believe that Bitcoin has the potential to become one of the dominant currencies in the money transfer industry, but this does not mean that Bitcoin will be the only currency. At this stage, even 10% of the world's population does not use Bitcoin, so in the coming years it will be able to grow at an exponential rate. I dkmayu that Bitcoin is not so quickly become a world currency.
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Galaxyfrop
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October 04, 2018, 06:20:05 PM |
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Bitcoin use is allowed only in countries. Already many payments can be made with bitcoin. In this case, why is bitcoin the only currency? Or why would world countries accept this? It does not have a fixed price. There must be a certain price for this to happen. If we think about this, the value of each country will be equal in monetary terms. Bitcoin is a coin with mining. Well, now the central banks are going to start printing. I don't think it's necessary.
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ribowo76
Full Member
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The World's 1st Waste to Green Energy DLT Project
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October 04, 2018, 06:25:40 PM |
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I believe, sooner or later. Bitcoin will become a global payment instrument, but I'm not entirely sure. Bitcoin will fully monopolize the payment system. Because I see, it seems that the government of all countries does not want to remove their national currency
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Chiko.fun
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October 06, 2018, 02:19:51 PM |
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In the future, bitcoin will become the world currency. It takes time and of course it will be one of the currencies in the world. There are already many payments that can be made by bitcoin. In the future all countries will accept bitcoin, we hope that. But I think although this - the future will be better than the pictures I saw at the beginning of the topic. Some countries have accepted bitcoin for banking transactions. Bitcoin will not be a national currency. We need to look everywhere for the positive side. If the world ends. Bitcoin will live. Only faith can guarantee bitcoin. Imagine if everyone uses bitcoin as a single currency, it will affect the speed of the transaction will be more crowded and people will hardly receive their bitcoin.
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hawkins
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October 09, 2018, 12:50:06 PM |
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I believe, sooner or later. Bitcoin will become a global payment instrument, but I'm not entirely sure. Bitcoin will fully monopolize the payment system. Because I see, it seems that the government of all countries does not want to remove their national currency
well, it might be weird if it was like that, because all countries have the same currency, namely bitcoin, and bitcoin has an unstable price. I think if indeed it would become a world currency, I think the world government would choose a stable price currency. |
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voltesbit777
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October 09, 2018, 01:02:27 PM |
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for those that still actually think that bitcoin is going to be the monopolistic future world currencythis is how it will look like, marketing slogan looks also familiar with the mindset of many bitcoin supporters.  This will be your Donald Trump of your Bitcoin centristic fantasy dream-World  its not even an exaggeration its actually a precise description of the social means of the worlds society ruled by monpolistic bitcoin What are you trying to emphasize on the image you posted here? are you telling that in the near future Bitcoin could bring disaster to our world or to all countries? Isn't you became exaggerated about what Bitcoin can do to anyone someday. Besides, if there are somebody telling that bitcoin has a capability to become a world currency, meaning it is still not sure this would depend still on the demand of the people who believe in virtual currency. |
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dimiinx
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October 09, 2018, 01:14:20 PM |
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In the future, bitcoin will become the world currency. It takes time and of course it will be one of the currencies in the world. There are already many payments that can be made by bitcoin. In the future all countries will accept bitcoin, we hope that. But I think although this - the future will be better than the pictures I saw at the beginning of the topic. Some countries have accepted bitcoin for banking transactions. Bitcoin will not be a national currency. We need to look everywhere for the positive side. If the world ends. Bitcoin will live. Only faith can guarantee bitcoin. Imagine if everyone uses bitcoin as a single currency, it will affect the speed of the transaction will be more crowded and people will hardly receive their bitcoin.
I agree with you in my opinion that bitcoin is a world currency. It must be developed and must be improved again and I think it is good if bitcoin is used to become world money and today the technology is great and must be currency not only dollars or any currency but money modern is the parent bitcoin |
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Epimetheus
Legendary
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October 10, 2018, 08:14:04 PM |
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from the illustration of the image according to my understanding is a natural disaster.
will bitcoin bring disaster to the world ??
I don't think so that bitcoin will become an world currency. Their are many reason behind this. First of all it is not a global currency because of its decentralised nature it is ban in many developing and developed country. Another reason which creat problem for it is its volatile nature. Its high volatile nature is the main reason behind its falling price and because of this many people consider it as a bubble. Bitcoin run over an complex algorithm and many people still doesn't understand it so they don't believe to use it. So these are some reason behind this topic. |
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Caxton10
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October 10, 2018, 08:53:38 PM |
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May be a different currency which is not decentralized because cryptocurrencies like bitcoin cannot be monopolized. Besides it is not all the countries that are in support of it right now and that even makes it harder.
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