Why not? i see that Bitcoin have all the conditions to become a global currency:
- Widely accepted: Now bitcoin is more and more popular, many largest group in the world accepted Bitcoin as: Microsoft, Mcdonalds, Amazon...
- Can split smaller and Long-term use without being damaged: as far as an satoshi = 1/100 millions Bitcoin, This makes the use of bitcoin is easier. Bitcoin also easy store, it will never be damaged.
- A measure of value, means of exchange: Bitcoin has all these conditions.
Topic: Bitcoin cannot be a global currency - page 53. (Read 5099 times)
people will look to their financial problems and bitcoin will definitely help them to overcome their financial hurdles.
Bitcoin isn't a miraculous tool solving all your problems. If you are heavily into debt already, which is something that applies to a lot people nowadays, then Bitcoin won't be much of a useful tool for you. Don't forget what the further away we are from the early days, which currently aren't over yet in my opinion, the lower the potential increases will be. What I try to say is that Bitcoin won't always be what it is right now, an underdeveloped and immature asset. At some point in the future this market will gain stability, which directly motivates people to finally start using Bitcoin as an actual form of money when it comes to their daily transactions. Getting rich times are over.
Bitcoin... it is still up in the air exactly what it will be - though it is seeming more like a store of a digital asset rather than a currency but that being said it can be used like currency too.
There were no confusion that Bitcoin lead the Global economy in few years later & it will be the Global Currency.
It could be nearly impossible for bitcoin to become the global currency, but the possibilities to become the most used and most reliable method of payment around the globe is not impossible, because it has been gradually known worldwide and more and more people are already use it as a method of payment.
It is not even something we can even get to see.Firstly, there is not country that is even going to be replacing fiat with bitcoin in any way, let alone, considering having bitcoin as a currency that would be used only globally ?
If we are saying bitcoin is a global currency in the sense that it is being used globally for transactions by most of the enthusiasts, then this is something that is already happening, but I want to assume the OP already know that and peradventure he was referring to having bitcoin as one form of currency.
I think bitcoin now have a support in many countries and services. When lightning network by bitcoin will start this currency be a first in the world many years
It could be nearly impossible for bitcoin to become the global currency, but the possibilities to become the most used and most reliable method of payment around the globe is not impossible, because it has been gradually known worldwide and more and more people are already use it as a method of payment.
It is not even something we can even get to see.Firstly, there is not country that is even going to be replacing fiat with bitcoin in any way, let alone, considering having bitcoin as a currency that would be used only globally ?
If we are saying bitcoin is a global currency in the sense that it is being used globally for transactions by most of the enthusiasts, then this is something that is already happening, but I want to assume the OP already know that and peradventure he was referring to having bitcoin as one form of currency.
Wars are happening because countries do not agree on some things so a currency that can be use by anyone in the world is not possible for me. I don't think we would be able to enforce it that very country accept bitcoin because each has different views of it. Some legalized it and some ban it because they cannot see the importance of it that's why it would be hard to make it a global currency. Each country has it own legal currency and making a global one would be near to impossibility.
To some extent you ate right but it is the matter of time. When there will be peace in the world and no war around the world, people will look to their financial problems and bitcoin will definitely help them to overcome their financial hurdles. So we should think for long time and not for the near future. We will have to wait some more time to see the results. 
I can see it as a global currency. It is well recognized. Scaling issue can be solved.
Many new people buying Bitcoin. Buying goods with Bitcoin is possible in some places today.
Many new people buying Bitcoin. Buying goods with Bitcoin is possible in some places today.
This is the question of the people who not believing in cryptocurrency. We are now in the world of changes and digitalization.. We don;t know what will happen next.
Now developed countries are accepting bitcoin as their regular currency like China, Russia, Japan and now Australia. So it is possible that in the future bitcoin will be the global currency. In my country it is also not allowed but the people still invest and trade in bitcoin and if all the people start suing bitcoin for their payments of daily needs, no doubt that bitcoin will be the world global currency. Of course, Bitcoin can be a world currency. However, Bitcoin is not valid in all countries. But seeing the popularity of Bitcoin,it will be the world currency for a time.Only the bitcoin has been known in all the countries, which could not make any other coins.Everywhere they are Bitcoin,world Currency Will be.
No matter how popular bitcoin may become, it will never be the world currency. Its an independent and decentralized coin. The government won't even let that happen because every courts current is a symbolization of what the countries is and using bitcoin as the world currency will stripe away this value. But if it is bitcoin becoming popular; it will surely be and it will mostly be used online. I think I beg to disagreed on your answer, though I respect your opinion. For me, I do believed that bitcoin has a potential to become the global
currency, why? because if some country are capable to regulate Bitcoin like in Japan, meaning there is a possibility that each country can regulate
bitcoin maybe depending on the understanding of the government regarding about it why they cannot accept bitcoin immediately.
Yes it can't be because there are some people who are just wanting bitcoin to be global currency so that all of the transactions are made online but it can't be happen. If bitcoin will be the global currency it should be in the legalized because all people will use it.
Yes maybe, bitcoin cannot be a global currency but it is an internet currency, rather cryptocurrency. Everybody in the financial technology has already known that bitcoin is the money of the internet. There are many cryptos but bitcoin is universal in digital world.
Why not?
When bitcoin has been developed, it is popular.
Of course in the present bitcoin can not be called popular in all countries, But in the future it is possible, but the best way to put bitcoin into the best money, should be used as a credit card easy to exchange, pay
Why not? I say, it because bitcoin is already banned in United States and China for some useful reason. Which mean, the future global currency is not possible if the two of the largest country is already banned bitcoin. Think about it folks. When bitcoin has been developed, it is popular.
Of course in the present bitcoin can not be called popular in all countries, But in the future it is possible, but the best way to put bitcoin into the best money, should be used as a credit card easy to exchange, pay
Why not?
When bitcoin has been developed, it is popular.
Of course in the present bitcoin can not be called popular in all countries, But in the future it is possible, but the best way to put bitcoin into the best money, should be used as a credit card easy to exchange, pay
When bitcoin has been developed, it is popular.
Of course in the present bitcoin can not be called popular in all countries, But in the future it is possible, but the best way to put bitcoin into the best money, should be used as a credit card easy to exchange, pay
Your mistaken bitcoin is already a global currency considering that most of the world population is using and has knowledge about it, some even invested in it. And not a single individual can control the price of it cause it's a decentralized currency no one owns it. Not even the devs because without it's users they have no job right now.
Indeed, in every country in this world there will always be bitcoin users. But it doesn't mean everyone (all human) in this world uses bitcoin. The OP said 'global currency' so that's meant is everyone in this world accept and use bitcoin. And now to make bitcoin into global currency will be hard to realize. Government regulation and the characteristics of bitcoin is not suitable for use as currency. Bitcoin users will prefer bitcoin as an investment place, they are ralely use bitcoin as a means of payment. 
It could be nearly impossible for bitcoin to become the global currency, but the possibilities to become the most used and most reliable method of payment around the globe is not impossible, because it has been gradually known worldwide and more and more people are already use it as a method of payment.
I guess this is something we may have to wait for to witness if this would be possible or not. If we are referring to making use of bitcoin as a global currency where it remains the only form of currency being used worldwide with fiats going into extinction completely, then I will say this is the highest level of dream anyone can ever have.Nevertheless, if we are referring to most population globally utilizing bitcoin as a currency in their own way and making international transactions easily with it, then I will say we are there already even though not in a big way.
Yes, bitcoin may or may not be a global currency as of now. But it has already achieved as a a most promising way of investing. As of now bitcoin is good as an investment opportunity rather than considering as a currency. This may be one reason why bitcoin has not become a global currency even after ~ten years since it is with us.
There is one universal currency and that currency is Bitcoin. No other currency will be as secure and fater as BTC. BTC wuill win the SOV usecase eventually as it has all the characters of 'Sound Money'. Once all the future development comes on bTC like Lightning and others it will be faster and cheaper as compared to other crypto. I dont want to discuss Fiat <>
Your mistaken bitcoin is already a global currency considering that most of the world population is using and has knowledge about it, some even invested in it. And not a single individual can control the price of it cause it's a decentralized currency no one owns it. Not even the devs because without it's users they have no job right now.
I don’t think so that there can be any such reason which can stop bitcoin from being a global currency. In fact, bitcoin is the global currency as the people living in all the corners of this world are busy in investing of their money into any of the crypto coin and that they are doing it without any worries. There is no such restriction which can stop you from investing in bitcoin or from becoming the owner of the bitcoin.
This is the question of the people who not believing in cryptocurrency. We are now in the world of changes and digitalization.. We don;t know what will happen next.
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