Topic: Bitcoin to be used as world currency? - page 2. (Read 1033 times)
if bitcoin is used as a world currency it is unlikely to happen because the world has many human beings that are impossible if bitcoin handles it all, definitely bitcoin will not be able to make bitcoin very rare.
I think if the world makes bitcoin as world currency then everyone will get great benefits, we all know that the biggest obstacle in transactions between countries is dependence on the dollar, the Euro or other strong currencies that create economic imbalances.
In his book Currency Wars Song Hongbing predicts the collapse og the current monetary system (the collapse of the dollar we know) and speculates that the future money may be backed up by CO_2 (carbon dioxide) certificates. It would be a new global currency.
However, when reading those chapters I wondered that Song when writing might not have known of bitcoin at that time and I wondered if he wouldn't have altered those chaters had he known.
However, when reading those chapters I wondered that Song when writing might not have known of bitcoin at that time and I wondered if he wouldn't have altered those chaters had he known.
For a long time, now the political elite and the leaders of the Vatican have been looking for a world government and currency,
I do believe that bitcoin is a part of financial future and great way to become an investor, but I have doubts that it can possibly replace traditional money or become world currency.
What are the possibilities and stopovers??
the likelihood of what is conveyed in your opinion it can happen we all nobody can know and predict exactly, because along with the development of the advancing era and increasingly sophisticated technology will make bitcoin into the world recognized currency I do believe that bitcoin is a part of financial future and great way to become an investor, but I have doubts that it can possibly replace traditional money or become world currency.
What are the possibilities and stopovers??
For a long time, now the political elite and the leaders of the Vatican have been looking for a world government and currency,
I do believe that bitcoin is a part of financial future and great way to become an investor, but I have doubts that it can possibly replace traditional money or become world currency.
What are the possibilities and stopovers??
I think being used as a world currency is too big to achieve because there is a current big currency which is dollars that is currently used all over the world as main basis. Replacing it with bitcoins is too big. I do believe that bitcoin is a part of financial future and great way to become an investor, but I have doubts that it can possibly replace traditional money or become world currency.
What are the possibilities and stopovers??
In my opinion Vatican is more organize place to start this system of crypto currency as bitcoin be the world currency. I also think about it is not really referring to bitcoin as the world currency. There should have much clearer plan that they form for the better future in case the world will subdued by crypto. The adoption of crypto worldwide is a great help for Vatican to push the plan. Bitcoin and crypto coins can have important role in the future worldwide. Let see if Vatican can handle.
Bitcoin will not be used as a world currency. After all, the legal currency of a country will not be easily changed, although bitcoin has been accepted by most people around the world.
if bitcoin is the main currency I think it can not happen because I see bitcoin has a very limited supply while everyone in the world is more than 100 billion people, making bitcoin is not suitable to use bitcoin as the main money.
I think bitcoin will be a future investment. Bitcoin will change the world to be baii and I'm sure bitcoin will become world currencies for the better and very easy
Bitcoin supposed to push in to a world currency Bitcoin can be anything but a leading curréncy,,this how trading with nation using different coinage used to work
Bitcoin cannot become a universal currency because it is so volatile that we all know that a currency with a lot of volatility is not an exchange. If bitcoin loses its volatility, how many people are willing to invest and use it?
Nope fluctuate doesn't mean cannot be used for the transaction right? you can still do financial transactions with other people with bitcoin of course with actual rate so there is no harm to both. after all you receive a payment with bitcoin you can convert it to fiat directly so there is no loss whatsoever? bitcoin can be used for global currency 
For a long time, now the political elite and the leaders of the Vatican have been looking for a world government and currency,
I do believe that bitcoin is a part of financial future and great way to become an investor, but I have doubts that it can possibly replace traditional money or become world currency.
What are the possibilities and stopovers??
I do believe that bitcoin is a part of financial future and great way to become an investor, but I have doubts that it can possibly replace traditional money or become world currency.
What are the possibilities and stopovers??
maybe I also think bitcoin will become world currency. every year more and more countries are receiving bitcoin. this is a good sign. if bitcoins are made into a global currency we can easily make transactions in any country without the hassle of exchanging money. I really hope that soon come true. but although bitcoin is already the world's fiat money currency will still exist.
Although BTC like by the most people of the world, the whole monetary union is very difficult, because a variety of ethnic groups, a variety of folk custom, a variety of cultural background, more important is the existence of the diversity of economic interests, so the complete reunification is impossible!
I doubt it will ever be used as a common currency all over the world. Countries having stronger currencies will never let that happen.
For a long time, now the political elite and the leaders of the Vatican have been looking for a world government and currency,
I do believe that bitcoin is a part of financial future and great way to become an investor, but I have doubts that it can possibly replace traditional money or become world currency.
What are the possibilities and stopovers??
I do believe that bitcoin is a part of financial future and great way to become an investor, but I have doubts that it can possibly replace traditional money or become world currency.
What are the possibilities and stopovers??
Good to know if bitcoin is used to be as world currency because we Already have seen so many platforms are accepting this as payment option. we all know that bitcoin is more popular day by day and i think this popularity makes bitcoin used by all people in the world.
Bitcoin cannot become a universal currency because it is so volatile that we all know that a currency with a lot of volatility is not an exchange. If bitcoin loses its volatility, how many people are willing to invest and use it?
Bitcoin how it now cant be used for regular currency, but it world currency already i think in every country you can exchange for local currency even if it banned there
Bitcoin is Digital money that can be use on online transaction that can make easier transfer country by country. The technology behind bitcoin is one of the reason why it can be our Future Money or so called Global Currency because it has the potential. The world knows what bitcoin is and i don't think they can allow it to overpower fiat.I believe bitcoin will still be generally accepted soon.
The new stage of centralization and globalization will be a single world currency. With great probability, it will be similar to the bitcoin blockchain, which for many has become a factor in the reliability of crypto currency, has proved beneficial to regulators and authorities.
I'm not sure about using Bitcoin as world currency in the future. But i think now the btc network is currently incapable of handling high numbers of transactions per second. The technology is still in an early stage of development
bitcoin can be used for the common currency in the world but most likely the price of bitcoin will never be stable because the available supply of bitcoin is very small while the bitcoin demand is so high that bitcoin will not stabilize.
As far as I know Bitcoin will not replace fiat money, For me Bitcoin cannot be use as money on our day to day lives like for example fare. Because Bitcoin is Digital money that can be use on online transaction that can make easier transfer country by country. The technology behind bitcoin is one of the reason why it can be our Future Money or so called Global Currency because it has the potential.
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