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Topic: bitcoin is the world's 3rd strongest currency (Read 603 times)

legendary
Activity: 1596
Merit: 1011
Bitcoin continues to show its existence as a financial system that is in demand by many people. now the volume of bitcoin transactions is already very large and has even outperformed the country's total money supply. Bitcoin is revolutionary in the financial system and will become a financial system in the future.
member
Activity: 994
Merit: 20
That is really amazing. Bitcoin has a big popularity and it is more valuable compared to other cryptocurrencies. Bitcoin continues to grow and I think that Bitcoin will be way better than now.
newbie
Activity: 38
Merit: 0
Privacy is the only thing keeping it from reaching the number one spot.
jr. member
Activity: 175
Merit: 1
I think in the distant future bitcoin will be even the strongest currency globally. But here and now it's not. There are a lot of people who even don't know what BTC is Cheesy So, I would be careful with naming bitcoin as 3rd strongest currency. That's still future for us and for money.
member
Activity: 182
Merit: 10
I think Bitcoin will be the 3rd strong currency in 2026. Bitcoin's current status is very strong in online exchange. But now in many cases, Bitcoin is becoming popular with an offline exchange. Now people can use Bitcoin in many cases, paying bills, buying tickets, buying goods, etc. And Bitcoin is the most expensive and influential cryptocurrency of this period that will become stronger in the future. So Bitcoin becomes the 3rd strong currency in 2026, I would not have been surprised.
hero member
Activity: 2968
Merit: 605

the position of bitcoin is very strong, many would like to use it instead of fiat, but it will become truly dominant (perhaps the number 1) when it has enough infrastructure to become a large-scale payment method...
jr. member
Activity: 378
Merit: 4
Its not up to bitcoin, its up to politics and tansion of the world.if there is a big economic chaos inthe world,bitcoin will use it to take the throne from gold.dollar is scam, imnot even talking about it.
sr. member
Activity: 616
Merit: 250
I think that bitcoin is currently an alternative currency for payment, it is still remembered that bitcoin is still not legal in some worlds, but bitcoin is a future payment tool
full member
Activity: 598
Merit: 100
Yes it ca happen to our world but  i think it is  long way  process and difficulties  and globally accepted before to make it and become compared to fiat currencies although bitcoin has large volume and value in the market.
sr. member
Activity: 1246
Merit: 255
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As it holds value it gets used as currency. This is where the usage of bitcoin as currency exists, and this doesn't make bitcoin to be the world's third strongest currency. In terms of trading usage bitcoin might have got the third place, first is the Chinese Yuan, USD and at the third position is for bitcoin.
member
Activity: 94
Merit: 19
It's also one of the least used currencies in the world. Even some worthless fiats like Wons of North Korea are used to buy groceries and pay bills. Bitcoin is but once in a blue moon. I love BTC but it still has a long way to go before it can be compared to fiat currencies that are constantly in use. Now it's more similar to gold than fiat money.

It is true that the current conditions are not the most suitable for the massive use of bitcoin, because you must be aware that we are only at a very early stage of development, and in that sense we should not expect bitcoins to be as simple as using the coins you have in your pocket. However, I think the bitcoin's progress is unstoppable and although it may continue to coexist for a long time with fiat money, I have no doubt that it will eventually prevail in areas where the mobilization of large sums of money is necessary.
hero member
Activity: 2184
Merit: 531
It's also one of the least used currencies in the world. Even some worthless fiats like Wons of North Korea are used to buy groceries and pay bills. Bitcoin is but once in a blue moon. I love BTC but it still has a long way to go before it can be compared to fiat currencies that are constantly in use. Now it's more similar to gold than fiat money.
full member
Activity: 2128
Merit: 180
Bitcoin is still not considered as a currency but i believe its better than fiat money because of its value and its a decetralized currency where no on controls over the system. The big difference is the technology of bitcoin, if there’s a chance to hit the main market for sure bitcoin will surpass all the fiat money.
sr. member
Activity: 2828
Merit: 344
win lambo...
On a true fact bitcoin will fine it hard to attain that status of being the number one currency and in so doing by the end of the year 2026 that may be achieve but until then bitcoin will just be among the world top dominating currency among others. Bitcoin need more adoption and usage coverage to overcome other faint currencies who have been in use for a very long time.
Bitcoin can't actually beat fiat as the majority uses this form of currency,  looking into becoming 3rd or even at 2nd in the race  be possible as nothing next with fiat.
Digital currency will be that strong attraction to the community cause they feel secured and easy for them.
jr. member
Activity: 120
Merit: 6
Bitcoin is no doubt a strong currency and its use is increasing rapidly. Many countries are now investing in digital currency and regulating it. Bitcoin market cap is around 100 billion dollars and increasing. People are trusting it and investing in bitcoin. If it carry on with the same wave it will become 1st strongest in the coming years.
full member
Activity: 980
Merit: 114
On a true fact bitcoin will fine it hard to attain that status of being the number one currency and in so doing by the end of the year 2026 that may be achieve but until then bitcoin will just be among the world top dominating currency among others. Bitcoin need more adoption and usage coverage to overcome other faint currencies who have been in use for a very long time.
full member
Activity: 924
Merit: 221
Nice poem buddy have you considered writing also a song for.bitcoin? I have seen most of the poetry are also good in writing a song. I do not have doubt that you can make it and inspires us all.

Anyway, bitcoin had already became strong knowing that it even surpasses other fiat currency in terms of its market cap. Bitcoing is going to BILLIONS and still counting.
pey
sr. member
Activity: 546
Merit: 251
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Bitcoin is the world's strongest currency of its kind. I don't compare it to fiat money, gold is ok. It is way better than fiat currencies but definitely not strong at all, just look at the tiny market cap.
sr. member
Activity: 1176
Merit: 252
when the price of bitcoin is stable at $ 10k, I think people will think that this is the best currency on the internet. currently there are still so many FUDs that occur through information and news. it's very good if bitcoin is considered the 3rd best currency in the world.
legendary
Activity: 2030
Merit: 1569
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There is one thing i actually ponder on, and that is how bitcoin as a digital coin, that is not globally accepted, attain a height like this. For the fact that it can be ranked third as the world's strongest currency,  certainly means that there is a future for the coin and cryptocurrency at large.

Because of the opposite. It IS globally accepted, by the people, even if some foolish governments are against it, because they can't "control" it, or tax it. This is like the mp3 revolution, an audio format that wasn't meant to be (standalone), yet people on the internet started using it that it became a worldwide phenomenon that even hardware players were made.

A decade and a half ago, would you have asked if mp3 was the world's strongest audio format? This is a roots movement, it won't be because governments accept it, it is in-spite of governments not accepting it. The smart countries will find ways to coexist with this new reality, the foolish ones will try to oppose it until they are overwhelmed.
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