Polo7 (OP)
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September 20, 2020, 09:51:56 AM |
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I do not agree with the opinion that only a few currencies are able to survive, such as China, Euro and USD only. Because I believe every country will maintain its own national currency. As long as there is no valid evidence, I don't believe that only 3 currencies will survive, because no one can guess the future. There must be a logical explanation and evidence included, why some of the currency listings you mentioned in the opening post will disappear. Because I believe all countries will not let their national currency just disappear, they will restore the economy so that their national currency is valuable.
In third world countries there will be cryptocurrency More used as they will Go to last Round the Last 10 years the lnflation will kill those currencies completely. This is the Reason Why cryptocurrency Adoption is biggest there
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ultrloa
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September 20, 2020, 11:40:07 AM |
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I do not agree with the opinion that only a few currencies are able to survive, such as China, Euro and USD only. Because I believe every country will maintain its own national currency. As long as there is no valid evidence, I don't believe that only 3 currencies will survive, because no one can guess the future. There must be a logical explanation and evidence included, why some of the currency listings you mentioned in the opening post will disappear. Because I believe all countries will not let their national currency just disappear, they will restore the economy so that their national currency is valuable.
In third world countries there will be cryptocurrency More used as they will Go to last Round the Last 10 years the lnflation will kill those currencies completely. This is the Reason Why cryptocurrency Adoption is biggest there Possible to happen but almost impossible to come since even if the inflation rise still cryptocurrency will be nothing if not adopted by the government. If they see this as good alternative for their dying currency then provably we might gonna see some great changes in terms of usage as well with the value. But this crazy thinking about overtaking with fiat is a dream for now. for sure government will find a solution for their own currency if the value is falling badly.
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ryap12
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September 20, 2020, 11:50:44 AM |
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I do not agree with the opinion that only a few currencies are able to survive, such as China, Euro and USD only. Because I believe every country will maintain its own national currency. As long as there is no valid evidence, I don't believe that only 3 currencies will survive, because no one can guess the future. There must be a logical explanation and evidence included, why some of the currency listings you mentioned in the opening post will disappear. Because I believe all countries will not let their national currency just disappear, they will restore the economy so that their national currency is valuable.
In third world countries there will be cryptocurrency More used as they will Go to last Round the Last 10 years the lnflation will kill those currencies completely. This is the Reason Why cryptocurrency Adoption is biggest there Possible to happen but almost impossible to come since even if the inflation rise still cryptocurrency will be nothing if not adopted by the government. If they see this as good alternative for their dying currency then provably we might gonna see some great changes in terms of usage as well with the value. But this crazy thinking about overtaking with fiat is a dream for now. for sure government will find a solution for their own currency if the value is falling badly. I dont think that's gonna happen sooner because there are still a lot of people who does not have access to computer or internet and does not want cryptocurrency. Fiat will still be there as many still uses it especially in businesses for paying employees. Also it is better to pay in fiat when buying something at stores and food chains. Cryptocurrencies prices are not fix so most businessman will not risk their business for such volatile asset.
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Shasha80
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September 20, 2020, 11:52:18 AM |
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If we look at the current situation where many countries are printing money, to restore the economy. This could lead to inflation getting out of control and could be a problem for fiat. So there is a possibility that some currencies will die, and only a few currencies are able to survive. But this scenario is unlikely to come true. Surely the government will do whatever it takes to be able to save fiat from falling in value due to inflation.
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Polo7 (OP)
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September 20, 2020, 11:59:55 AM |
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If we look at the current situation where many countries are printing money, to restore the economy. This could lead to inflation getting out of control and could be a problem for fiat. So there is a possibility that some currencies will die, and only a few currencies are able to survive. But this scenario is unlikely to come true. Surely the government will do whatever it takes to be able to save fiat from falling in value due to inflation.
goverment dont need to do nothing at all the fiat can just die easy in those countries.
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Barbut
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September 20, 2020, 02:36:22 PM |
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there will be big british pound falling.
british pound was created only for one purpose it was to buy cheap usa dollars !!
uk is done thats it with uk
world will go full in to usa dollar standard
Next currenies wich will be gone for ever:
AUD,CAD,RUSSIAN RUBLES,UKRAINE CURRENY , NORWAY ,SWEDEN,
There will be few players left only CHINA AND EUR AND USD.
As a human from the eastern Europe I can say that rubles and ukrainian grivna gone from the world stage long time ago, but you say they "will". Man, this already happen! I remember the days when dollar was cheap and even under the middle class people could travel abroad for the vacation, but now even for middle class people it looks like a big cost and not every one can allow it. I am passionately wait for the to the role of dollar change and it would be placed on it's place. But I am afraid that I will not live so long to see it.
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Fullbear2222
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January 13, 2024, 03:05:57 PM |
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there will be big british pound falling.
british pound was created only for one purpose it was to buy cheap usa dollars !!
uk is done thats it with uk
world will go full in to usa dollar standard
Next currenies wich will be gone for ever:
AUD,CAD,RUSSIAN RUBLES,UKRAINE CURRENY , NORWAY ,SWEDEN,
There will be few players left only CHINA AND EUR AND USD.
That's also happening now Bro you really yiou thing
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Argoo
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January 25, 2024, 09:32:37 AM |
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there will be big british pound falling.
british pound was created only for one purpose it was to buy cheap usa dollars !!
uk is done thats it with uk
world will go full in to usa dollar standard
Next currenies wich will be gone for ever:
AUD,CAD,RUSSIAN RUBLES,UKRAINE CURRENY , NORWAY ,SWEDEN,
There will be few players left only CHINA AND EUR AND USD.
These predictions were made back in 2020. Now it’s already 2024, but nothing bad is happening with the currencies you specified and I’m sure that it won’t happen. In order for the currencies of these states to disappear, it is necessary that these states themselves disappear or they unite following the example of the European Union. Now almost all states and their currencies are going through difficult times. But this does not mean that they or their currencies will disappear soon.
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moneystery
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PredX - AI-Powered Prediction Market
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January 25, 2024, 10:14:02 AM |
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everyone can say whatever they want to say but if it's without a clear explanation then it's like bs. and that's what you're doing right now. you think too lowly and carelessly say that the pound sterling will fall along with other currencies without any concrete scientific explanation for that and that makes your words worthless and like elementary school children's writing.
even if what you say doesn't make sense, at least give an in-depth explanation of it and how it happened. at least people will appreciate a little of what you write, even if it's not actually worth anything. if it's just writing like this, even elementary school children can write better than you.
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doomloop
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January 25, 2024, 06:38:30 PM |
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These predictions were made back in 2020. Now it’s already 2024, but nothing bad is happening with the currencies you specified and I’m sure that it won’t happen. In order for the currencies of these states to disappear, it is necessary that these states themselves disappear or they unite following the example of the European Union. Now almost all states and their currencies are going through difficult times. But this does not mean that they or their currencies will disappear soon.
If there is something bad that happened to them, that is their value had decline a little which is still normal and every other currencies experience that too. Indeed that currencies that he mentioned are way too huge for them to disappear. You already said a proper reason if in case it occurs for real. But again, I think it was still unlikely since they are also a big and strong country. Maybe if we are talking about smaller countries and currencies, yes. For now, we have more chance seeing it on a new and weak crypto. But some don't disappear completely. Instead, they recover and pump huge for a while. This is why many people are here or prefers them over the traditional currencies because they think it's an easy way for them to get rich.
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Gozie51
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January 25, 2024, 07:33:16 PM |
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Next currenies wich will be gone for ever:
AUD,CAD,RUSSIAN RUBLES,UKRAINE CURRENY , NORWAY ,SWEDEN,
There will be few players left only CHINA AND EUR AND USD.
How did you arrive at this kind of hypothesis? How are you sure that Russian Ruble will be gone forever when they are still maintaining their exporting strength in different goods including wheat. They can just restrict the use of other currencies in dealing with their export goods. A countries currency may easily go into extinction if they are not producing or manufacturing countries but if they are, it won't be easy to push them by the side, they can activate their currency allegiance while buying or exchanging for their export products.
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darkangel11
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Don't let others control your BTC -> self custody
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January 25, 2024, 08:25:48 PM |
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world will go full in to usa dollar standard
Sure... Now tell that to all those BRICS countries that they'll all go bankrupt and back to USD. You're funny. These predictions were made back in 2020. Now it’s already 2024, but nothing bad is happening with the currencies you specified and I’m sure that it won’t happen. In order for the currencies of these states to disappear, it is necessary that these states themselves disappear or they unite following the example of the European Union. Now almost all states and their currencies are going through difficult times. But this does not mean that they or their currencies will disappear soon.
To defend OP, Pound has been bleeding against the Dollar for more than 10 years. It used to be worth $2 and now it's only $1.27, so it looks like it continues to weaken and the historical bottom is somewhere at 1.2 USD. If we fall below this it's going to look bad. Anyway, all fiat currencies look weak and with BRICS I just don't see how USA could take over the world with their currency. IMO Dollar is at its global peak and can either hold the status or weaken and there are countries actively working to do the latter.
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poodle63
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January 26, 2024, 02:44:04 AM |
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If we look at the current situation where many countries are printing money, to restore the economy. This could lead to inflation getting out of control and could be a problem for fiat. So there is a possibility that some currencies will die, and only a few currencies are able to survive. But this scenario is unlikely to come true. Surely the government will do whatever it takes to be able to save fiat from falling in value due to inflation.
some government from developing countries that are failed to manage their economy and instead keep resorting to money printing are definitely already abandoning their currency its beyond saving, some of them instead use foreign currency as their main currency, printing money isn't truly solution to some economic problem but some country are just resorting to this because they think its better to solve problem temporarily not knowing that it might even got worse and worse each money printed will definitely devaluate the currency itself. I think i kinda agree with theory that few currency only gonna survive in the future, only country with strong enough currency will be able to keep their currencies from dying because after all, some country are definitely in the state of failing economically right now and whats gonna back their currency if not a thin air.
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bettercrypto
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January 26, 2024, 03:48:41 AM |
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there will be big british pound falling.
british pound was created only for one purpose it was to buy cheap usa dollars !!
uk is done thats it with uk
world will go full in to usa dollar standard
Next currenies wich will be gone for ever:
AUD,CAD,RUSSIAN RUBLES,UKRAINE CURRENY , NORWAY ,SWEDEN,
There will be few players left only CHINA AND EUR AND USD.
Are you sure of what you are saying? show credible sources for your statements, because until you can show proof that what you are saying is true, it will appear that you are just making up a story; in short, it is just a malicious rumor you are saying. Because honestly speaking, what you say is impossible, because if that were true, it would have been spread immediately in various news stories by news broadcasting companies or on various social media platforms.
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DrBeer
Legendary
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January 26, 2024, 11:59:45 AM |
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there will be big british pound falling. british pound was created only for one purpose it was to buy cheap usa dollars !! uk is done thats it with uk world will go full in to usa dollar standard Next currenies wich will be gone for ever: AUD,CAD,RUSSIAN RUBLES,UKRAINE CURRENY , NORWAY ,SWEDEN, There will be few players left only CHINA AND EUR AND USD.
No offense - either you have a personal and very strong dislike for Britain, or you just wanted to make a subtle joke! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Well, or you greatly underestimate Britain from the point of view of economics and geopolitics. I would really like to hear your concept, with some numbers, facts, evidence, or at least with arguments and explanations. Moreover, given the presence of some contradictions between the USA and Britain for many decades and different views on various situations in the world. PS, just in case - the joke was definitely a success, I appreciated it! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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0t3p0t
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January 26, 2024, 12:34:01 PM |
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there will be big british pound falling.
british pound was created only for one purpose it was to buy cheap usa dollars !!
uk is done thats it with uk
world will go full in to usa dollar standard
Next currenies wich will be gone for ever:
AUD,CAD,RUSSIAN RUBLES,UKRAINE CURRENY , NORWAY ,SWEDEN,
There will be few players left only CHINA AND EUR AND USD.
I don't really care if fiat will fail wise investors don't hoard them because they hodl Bitcoin and other future proof assets. How can you be sure if those currencies will be gone forever OP? I understand that USD has undoubtedly dominated the world of currency but how long will it take to get us into the point of having only one currency as you said there are few players left so maybe you mean this is a competition. Are you from the future as a time traveller? Do you have some hard evidence to come up with this idea? Please enlighten us so can prepare for something that might be on our disadvantage.
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wmaurik
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January 26, 2024, 02:52:39 PM |
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These predictions were made back in 2020. Now it’s already 2024, but nothing bad is happening with the currencies you specified and I’m sure that it won’t happen. In order for the currencies of these states to disappear, it is necessary that these states themselves disappear or they unite following the example of the European Union. Now almost all states and their currencies are going through difficult times. But this does not mean that they or their currencies will disappear soon.
As long as these countries still really care about their country and their own currency, of course they and their currency will never disappear. Because this really depends on the concern of state officials who are willing to make efforts to maintain their country and its own currency in the long term. And if this year everything expressed by the OP is still there based on predictions four years ago, that means it hasn't disappeared yet and there is a possibility that it will persist for a long time.
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Promocodeudo
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January 26, 2024, 06:04:36 PM |
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there will be big british pound falling.
british pound was created only for one purpose it was to buy cheap usa dollars !!
uk is done thats it with uk
world will go full in to usa dollar standard
Next currenies wich will be gone for ever:
AUD,CAD,RUSSIAN RUBLES,UKRAINE CURRENY , NORWAY ,SWEDEN,
There will be few players left only CHINA AND EUR AND USD.
Even underdeveloped countries will not like to give up on their currency, your traditional chrtncies remains your power despite how weak it is, as it stands many countries want trading with other country in their currency if possible, some countries has began to think that US dollar is dominating despite not being the most valued currency, that's why when you go to some Arabic or asian countries with the US dollar you must exchange it to their currency for you to purchase or make payments of items and service rendered, so I don't see what you happening soon that's if it will eventually do.
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yohananaomi
Sr. Member
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January 28, 2024, 12:52:32 AM |
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As long as these countries still really care about their country and their own currency, of course they and their currency will never disappear. Because this really depends on the concern of state officials who are willing to make efforts to maintain their country and its own currency in the long term. And if this year everything expressed by the OP is still there based on predictions four years ago, that means it hasn't disappeared yet and there is a possibility that it will persist for a long time.
The sovereignty of a country is also determined by its independence, which can be exercised without interference from other countries, including determining its own currency for the country's economy.So it is not easy to intervene in a country's sovereignty by changing or not recognizing its own currency, unless they are colonized and used as a source of war.but until now nothing has happened, and nothing has ever happened with that, other than perhaps providing flexibility for the use of US dollars, etc. to be accepted and used as a legal transaction.
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WillyAp
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January 28, 2024, 01:24:21 AM |
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Why do you think so? I've read a couple of articles insisting that the US dollar dominance is almost over. Could you provide any info sustaining your opinion?
How about naming a few. Good style is to name the sources.
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