FINALLY ALL MONETARY AUTHORITIES IN THE WORLD WILL ADOPT BITCOIN

[Snappycoco]

I don't think all could come up with that idea. In my own opinion, not all can adopt to what's happening with cryptocurrency and not all can transact using one. Not all governments agreed the use of crypto in the country and not all know about it. Poor countries will always rely on p2p transactions using local currency for them to survive and would never use money for gadgets just to have those cashless transactions.

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[slapper]

And in the next 20 years bitcoin will become the single standard means of transaction in the world beyond the role of the US dollar, yuan, yen, euro and others. The creation of a world financial mechanism that is more efficient, easy, safe, equal and reliable.

I doubt the authenticity of the statement. Being single standard means of transaction is something unimaginable and hard to carry of, especially when bitcoin has a problem with network stagnancy and the higher fees transactions. Moreover, right now, the majority of bitcoin users only see it as an investment tool that has a high percentage of hedging against the dollar. In the future, I only see that bitcoin will become a sort of asset which is more reliable than gold or any other physical investment tool

Perhaps we will be able to see new development in the bitcoin system which makes it powerful enough to replace the current fiat system. But right now, I have to admit that bitcoin main purpose is to passively generate income for whomever invest

[Fesatmas]

Bitcoin is ubiquitous and powered by cryptocurrency companies, P2P merchants, and exchanges. It can be said that Bitcoin has very good liquidity even on centralized exchanges and P2P exchanges.
Regardless of the future, for now, Bitcoin-related transactions have taken place all over the world.
After the US dollar, the Bitcoin coin is the next most liquid currency that we can expect over the next few years.

as long as the Bitcoin supply remains and it is still deferred for large holders of bitcoins. however, the system for distributing bitcoin in the wallet will be completely unknown. and as the world's currency, we don't know the rules for holding limits on the amount of bitcoin per user.

[FanEagle]

in the next 20 years bitcoin will become the single standard means of transaction in the world beyond the role of the US dollar, yuan, yen, euro and others.

I don't think it would take 20 years to happen; I mean probably in next 10 years itself it may happen because technologies will be adopted more quicker than we could imagine. Already most government started realizing the benefits of using bitcoin in their momentary system but at the same time they might need some system for regulating bitcoins so that they will not lose tax revenues and other powers.

The creation of a world financial mechanism that is more efficient, easy, safe, equal and reliable.

This is something that we are going to enjoy just because of blockchain technology and its inner layer of distributed ledger concepts. Certainly this is the face of future world finance and transactions.

[tanjiran]

And in the next 20 years bitcoin will become the single standard means of transaction in the world beyond the role of the US dollar, yuan, yen, euro and others. The creation of a world financial mechanism that is more efficient, easy, safe, equal and reliable.

I doubt the authenticity of the statement. Being single standard means of transaction is something unimaginable and hard to carry of, especially when bitcoin has a problem with network stagnancy and the higher fees transactions. Moreover, right now, the majority of bitcoin users only see it as an investment tool that has a high percentage of hedging against the dollar. In the future, I only see that bitcoin will become a sort of asset which is more reliable than gold or any other physical investment tool

Perhaps we will be able to see new development in the bitcoin system which makes it powerful enough to replace the current fiat system. But right now, I have to admit that bitcoin main purpose is to passively generate income for whomever invest

replace? I do not think so. Bitcoin will only become an alternative alternative payment, which is interested in many people. We know that every country in this world is sovereign and can manage its economy including regulating the use of currencies. It is economic sovereignty, while Bitcoin cannot be fully controlled, that's why I say Bitcoin will only be alternative.

[Febo]

replace? I do not think so. Bitcoin will only become an alternative alternative payment, which is interested in many people. We know that every country in this world is sovereign and can manage its economy including regulating the use of currencies. It is economic sovereignty, while Bitcoin cannot be fully controlled, that's why I say Bitcoin will only be alternative.

It is enough if it become world reserve currency. It does not need to replace national currencies. Just a currency in which all international trade is made and which central banks store in their treasuries.

[wxa7115]

The percentage of bitcoin users is growing all the time in all countries. The monetary authority's concern about the presence of bitcoin has turned into an opportunity for trust. For example, currently more than 35 percent of bitcoin circulation in America and in the next 10 years the percentage of funds invested or converted into bitcoin will be very significant.
 This phenomenon will be absorbed by the majority of countries in the world to then take strategic steps through the regulation of their monetary authorities in accommodating the existence of bitcoin. This was created because bitcoin was able to guarantee equal trust without intervention so that it was considered fairer and safer.
And in the next 20 years bitcoin will become the single standard means of transaction in the world beyond the role of the US dollar, yuan, yen, euro and others. The creation of a world financial mechanism that is more efficient, easy, safe, equal and reliable.

The scenario that you are presenting is simply too positive for my tastes, it could happen but in my opinion governments are not going to like to lose the power fiat currencies give to them and the surveillance powers they get out of it.

It is way more likely they will resist with laws and regulations and if things get ugly we may see many governments banning bitcoin, and then only once bitcoin beats all of those hurdles then we could see governments giving up and finally accepting bitcoin and the fact that it will not disappear no matter what they do.

[chaoscoinz]

It always takes the majority of other countries to wait and see what the United States is going to do first, and that goes for just about anything, from laws and policies, to the adopting of westernized technology. Whenever the U.S puts up a fuss about something, or makes a major decision that involves adopting something new,  you'd best believe that the other nations will follow suit and wait to see how the scenario plays out. Being that crypto adoption is healthy within the U.S, Others nations are slowly becoming more laxed as well towards cryptocurrency adoption and related services.
  Let's not forget that this is still the wild west frontier as far as regulation goes, but order is slowly taking place. Go crypto! 

[skarais]

Trust in bitcoin continues to grow and the involvement of institutional investor can guarantee bitcoin's future. If the government of a country is forever being tough on the legality of existing bitcoin, I don't think it will have a big impact on bitcoin. Adoption may still be hampered by it, but the government can't prevent the trust of these bitcoin users from growing. I am sure, for the following years bitcoin regulation will weaken even more when there are many countries that support its existence.

[wxa7115]

It always takes the majority of other countries to wait and see what the United States is going to do first, and that goes for just about anything, from laws and policies, to the adopting of westernized technology. Whenever the U.S puts up a fuss about something, or makes a major decision that involves adopting something new,  you'd best believe that the other nations will follow suit and wait to see how the scenario plays out. Being that crypto adoption is healthy within the U.S, Others nations are slowly becoming more laxed as well towards cryptocurrency adoption and related services.
  Let's not forget that this is still the wild west frontier as far as regulation goes, but order is slowly taking place. Go crypto! 

The leadership of the United States is not what it used to be, it is true that in the past many countries waited until the United States gave an indication of what it wanted to do in order to follow suit, but this is not the case anymore, there are now simply too many actors that are working against the interests of the United States that if we saw a negative posture coming from the United States I'm pretty sure that many of its opponents will decide to do exactly the opposite because they see in bitcoin a way to weaken the dollar.

This is especially true when it comes to China which has been doing everything that they can to weaken the dollar and even if they do not like bitcoin themselves they may think they have in it a valuable ally to achieve such a purpose.

[andriarto]

Trust in bitcoin continues to grow and the involvement of institutional investor can guarantee bitcoin's future. If the government of a country is forever being tough on the legality of existing bitcoin, I don't think it will have a big impact on bitcoin. Adoption may still be hampered by it, but the government can't prevent the trust of these bitcoin users from growing. I am sure, for the following years bitcoin regulation will weaken even more when there are many countries that support its existence.

it can be seen today, where even though there is no full support from the government, many investors believe in bitcoin so that the government cannot inhibit it, even more and more stock markets are opening trading for cryptocurrency