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Author Topic: Does Bitcoin have a place in the future of finance as a global currency?  (Read 526 times)
Glutius
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October 24, 2018, 10:38:01 PM
 #41

I look forward to the moment when the world officially recognizes bitcoin as a currency and begins its widespread use. This will greatly transform modern Finance system. And also, it will be very convenient for travelers - they need more e to think about exchangers.

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DaWidyaa
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October 24, 2018, 10:59:06 PM
 #42

Well, in my opinion, bitcoin has a good financial future, especially to send money from one country to another using bitcoin and that is needed in terms of transfer speed.
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October 24, 2018, 11:00:51 PM
 #43

everything has started to switch to digital
technology every day always grows
then the existence of fiat money will soon be replaced with digital money
in this case i'm sure that cryptocurrency will replace fiat money
in the future carrying paper money is no longer efficient, people will prefer to use smartphones for shopping

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October 24, 2018, 11:38:45 PM
 #44

It may, but not as a legal tender like fiat. Governments may recognize Bitcoin as an alternative mode of payment or a digitized currency but not as legal currency due to its decentralized nature. To become a global currency, Bitcoin will have to be declared by governments as legal and become centralized...which at this point seems impossible.

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October 25, 2018, 12:04:30 AM
 #45

I think it will be quite difficult to organise this. Bitcoin is more likely to be as a medium of exchange. Perhaps they will be able to pay in some global transactions. But replace the Fiat money he is unlikely to succeed.

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October 25, 2018, 01:49:49 AM
 #46

Yes , bitcoin have a place in the future of finance as global currency , that will be realized if the world and the world banks will accept and give the cryptocurrency , a part of financial and economic part of every countries world wide

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October 25, 2018, 02:24:13 AM
 #47

I think it will be quite difficult to organise this. Bitcoin is more likely to be as a medium of exchange. Perhaps they will be able to pay in some global transactions. But replace the Fiat money he is unlikely to succeed.
possibility to change fiat currency i think is still there, but not in near future. it still takes a long time and a long process. and i think if it can replace it, it will certainly affect global economy
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