The government and the banks won't allow the system of digital currencies to rule the world. Even if digital assets are more efficient, low cost and more secure, they won't allow it to happen simply because they have no control over it. And in the future for sure, cryptocurrencies like bitcoin will be the most effective form of doing financial transactions.
Banks really disagree with the existence of bitcoin. they consider this to be their competitor because of the blockchain that makes every transparent transaction able to create a new system that is more trusted. 
Topic: Bitcoin as a leading currency? - page 8. (Read 15096 times)
The government and the banks won't allow the system of digital currencies to rule the world. Even if digital assets are more efficient, low cost and more secure, they won't allow it to happen simply because they have no control over it. And in the future for sure, cryptocurrencies like bitcoin will be the most effective form of doing financial transactions.
The economic reach of Bitcoin is an interesting subject of discussion. In the end there will be a maximum of 21.000.000 BTC. BTC is a eight-digit number.
I suppose that a currency can only be leading if it has the possibility ta pay in small amounts, equivalent tot e.g. dollarcent or eurocent. This statement limits the range of BTC, will the satoshi be the future euro/dollarcent?
In that case the maximum money supply wil be BTC 21.000.000,00000000 is e.g. EUR 99.999.999.999.999,99 (by the way: interesting exchange rate).
The money supply in the Eurozone (M3) is over EUR 10.000.000.000.000
So without any constraints, the structure of the BTC satisfies the necessary condition.
Let's inventory the other constraints.
I suppose that a currency can only be leading if it has the possibility ta pay in small amounts, equivalent tot e.g. dollarcent or eurocent. This statement limits the range of BTC, will the satoshi be the future euro/dollarcent?
In that case the maximum money supply wil be BTC 21.000.000,00000000 is e.g. EUR 99.999.999.999.999,99 (by the way: interesting exchange rate).
The money supply in the Eurozone (M3) is over EUR 10.000.000.000.000
So without any constraints, the structure of the BTC satisfies the necessary condition.
Let's inventory the other constraints.
Of course the total supply for Bitcoin is limited to become a general currency. That's why it is digital because it will never be like Fiat currency in a sense that most transactions can be paid by BTC. I don't know how to compute Bitcoin in euro but one thing I know is that Bitcoin for online transactions and euro or dollars for traditional transactions.
The economic reach of Bitcoin is an interesting subject of discussion. In the end there will be a maximum of 21.000.000 BTC. BTC is a eight-digit number.
I suppose that a currency can only be leading if it has the possibility ta pay in small amounts, equivalent tot e.g. dollarcent or eurocent. This statement limits the range of BTC, will the satoshi be the future euro/dollarcent?
In that case the maximum money supply wil be BTC 21.000.000,00000000 is e.g. EUR 99.999.999.999.999,99 (by the way: interesting exchange rate).
The money supply in the Eurozone (M3) is over EUR 10.000.000.000.000
So without any constraints, the structure of the BTC satisfies the necessary condition.
Let's inventory the other constraints.
I suppose that a currency can only be leading if it has the possibility ta pay in small amounts, equivalent tot e.g. dollarcent or eurocent. This statement limits the range of BTC, will the satoshi be the future euro/dollarcent?
In that case the maximum money supply wil be BTC 21.000.000,00000000 is e.g. EUR 99.999.999.999.999,99 (by the way: interesting exchange rate).
The money supply in the Eurozone (M3) is over EUR 10.000.000.000.000
So without any constraints, the structure of the BTC satisfies the necessary condition.
Let's inventory the other constraints.
Bitcoin is the real leading currency but if you are referring to its limitations, i have an answer for that. Altcoins are made to produce coins that are intended to a particular project and this is the thing to support bitcoin. We usually dream of using cryptocurrency around the world not only bitcoin so i think this is possible.
The economic reach of Bitcoin is an interesting subject of discussion. In the end there will be a maximum of 21.000.000 BTC. BTC is a eight-digit number.
I suppose that a currency can only be leading if it has the possibility ta pay in small amounts, equivalent tot e.g. dollarcent or eurocent. This statement limits the range of BTC, will the satoshi be the future euro/dollarcent?
In that case the maximum money supply wil be BTC 21.000.000,00000000 is e.g. EUR 99.999.999.999.999,99 (by the way: interesting exchange rate).
The money supply in the Eurozone (M3) is over EUR 10.000.000.000.000
So without any constraints, the structure of the BTC satisfies the necessary condition.
Let's inventory the other constraints.
I suppose that a currency can only be leading if it has the possibility ta pay in small amounts, equivalent tot e.g. dollarcent or eurocent. This statement limits the range of BTC, will the satoshi be the future euro/dollarcent?
In that case the maximum money supply wil be BTC 21.000.000,00000000 is e.g. EUR 99.999.999.999.999,99 (by the way: interesting exchange rate).
The money supply in the Eurozone (M3) is over EUR 10.000.000.000.000
So without any constraints, the structure of the BTC satisfies the necessary condition.
Let's inventory the other constraints.
Bitcoin is the real leading currency but if you are referring to its limitations, i have an answer for that. Altcoins are made to produce coins that are intended to a particular project and this is the thing to support bitcoin. We usually dream of using cryptocurrency around the world not only bitcoin so i think this is possible.
In order for Bitcoin to become the leading currency, it needs to undergo tight centralization. Such a bitcoin which is now no time will not become the leading currency.
This will be difficult. while every time the price of bitcoin itself changes. will not be suitable if it is a currency. but it will be a payment option that can be selected. this is better than making it a currencyI don't think it's possible.
Bitcoin gets a lot of users because of being decentralized and it's other features. When they put bitcoin into centralization, do you think the users will still buy bitcoin? Maybe not. It's better for bitcoin to be the leading digital currency than a leading currency of all because being decentralized is a big factor especially for those who want to invest with their full money.
Yes, Bitcoin is an irreplaceable major currency. We can see that there are so many alt that came later they disappeared, only Bitcoin has remained standing for the past nine years.
I think the reason why most people keep resemble bitcoin because of its outstanding growth and its platform was acknowledge to lead among all currencies. And I prefer to keep and hold this asset as I believe its growth will continue to progress accommodatingly.
I mean hodl-ers
Recent publications show that bitcoin had many hodlers, maybe is nog realistic to consider bitcoin as a potential leiding currency. It is more realistic to say that bitcoin will be the virtual gold.
I think is good that bitcoin was created and over time i think it can be used more than now, but i agree some people use it for speculation reasons to make more money.
Some people or most of the people?Bitcoin was created and got huge reputation in very short term but not yet as the currency because of decentralized.
Better than Bitcoin is nothing so if we want to make the economy to be more useful and valuable than Bitcoin is the only e useful currency for the future so if we missed the opportunity now then it will not came back to us in normal time.
For 9 years we have seen that bitcoin is the leading currency as there are thousands of other alt coins came and went but only bitcoin could withstand this for years and price rose to all time high of 1600+. Near future it could be even more who knows it.
all possibilities can happen and no one can know for sure and in my opinion the development of the crypto currency depends on the investor itself so it can also be the main currency in the future 
In some near future we will see something similar, crypto is future or technology behind it. This will all serve as starting point, and some day we will see less usage or fiat money and more something that is digital or some similar form. Bitcoin is leading in this as first of his king and most valued and on top of this price is changing. For this to come someday it will require something that is stable in price.
In order for Bitcoin to become the leading currency, it needs to undergo tight centralization. Such a bitcoin which is now no time will not become the leading currency.
This will be difficult. while every time the price of bitcoin itself changes. will not be suitable if it is a currency. but it will be a payment option that can be selected. this is better than making it a currency
In order for Bitcoin to become the leading currency, it needs to undergo tight centralization. Such a bitcoin which is now no time will not become the leading currency.
This will be difficult. while every time the price of bitcoin itself changes. will not be suitable if it is a currency. but it will be a payment option that can be selected. this is better than making it a currency For 9 years we have seen that bitcoin is the leading currency as there are thousands of other alt coins came and went but only bitcoin could withstand this for years and price rose to all time high of 1600+. Near future it could be even more who knows it.
Even with the existence of other altcoins bitcoin has remained on top, other altcoins come and go and I guess there still more that will come up knowing big companies starting to get interest in bitcoins and is also planning to create another currency, i’m talking about Facebook who is planning to launch their Globalcoin in 2020. With this, there might be a chance on the price but i’m confident that no one can ever replace bitcoin no matter what altcoin or who created it because bitcoin is already proven and tested for so many years.
I think is good that bitcoin was created and over time i think it can be used more than now, but i agree some people use it for speculation reasons to make more money.
And what is wrong with that? That is one of the reasons why there are a lot of people using bitcoin right now, speculating and predicting what might happen and based on that, they will move their investments or cryptos so they can earn. They are investors, that is what they do. If that is the reason why bitcoin is attracting more people, what is wrong?
For 9 years we have seen that bitcoin is the leading currency as there are thousands of other alt coins came and went but only bitcoin could withstand this for years and price rose to all time high of 1600+. Near future it could be even more who knows it.
indeed in the bitcoin crypto market is still the main currency in the sense that the price and value of the bitcoin currency is still the highest value compared to the other crypto currencies but for the major currencies in the economy in a country still need process and timeFor 9 years we have seen that bitcoin is the leading currency as there are thousands of other alt coins came and went but only bitcoin could withstand this for years and price rose to all time high of 1600+. Near future it could be even more who knows it.
indeed in the bitcoin crypto market is still the main currency in the sense that the price and value of the bitcoin currency is still the highest value compared to the other crypto currencies but for the major currencies in the economy in a country still need process and time
I think is good that bitcoin was created and over time i think it can be used more than now, but i agree some people use it for speculation reasons to make more money.
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