Pages:
Author

Topic: Bitcoin to be used as world currency? - page 6. (Read 1058 times)

jr. member
Activity: 224
Merit: 8
Well i think it will not  but maybe there could be a digital currency that will unified all currency around the world and there will be no more exchanges needed except for that currency when you will have it. Well it could be good but sometimes we have to look also the possible problems with digital currency. As we all know that it is money and it is very hot for the thieves that easily tempted and will surely look for a way to get your money through internet.
sr. member
Activity: 423
Merit: 250
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 bitcoin will be the number one cryptic urgency n the world i guess the bitcoin has a great possibility that it will be because of the technology it has in the system a lot of potencial in bitcoin can be notice the way it work make it more stronger that the other currencu imagening it is use in all over the world the way currency work. bitcoinis really a game changer i guess.
full member
Activity: 280
Merit: 100
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.
newbie
Activity: 26
Merit: 0
Bitcoin will not be global mainstream currency. There are numerous reasons for that and volatility and a restricted number of coins are some of them.
Still, Bitcoin can already be taken into consideration as global forex because it may be used everywhere within the global in which people have a web connection and it's time-honored by many nations everywhere in the international, it has no obstacles, it doesn't fall below the regulation of best one u. S .. I suppose that is sufficient to be taken into consideration as a world forex.
full member
Activity: 364
Merit: 101
By the end of last year, investors and traders viewed Bitcoin as a world currency and safe haven, which has the ability to prevent financial problems and economic instability. Bitcoin also surpassed absolutely all currencies and assets in 2016, which led to an increase in demand for Bitcoin.
hero member
Activity: 2590
Merit: 644
yes bitcoin is already use as world currency in illegal and legal way. because some countries already declared that bitcoin will be legal in their country but there are also countries like china ban bitcoin as currency.
It doesn't mean that because they banned bitcoin then it is already an illegal currency, bitcoin is a currency and it is not illegal because it is a decentralized cryptocurrency and all of the types of currency are getting used in illegal way but it is not illegal because the government and other people can't prevent that thing to happen.
newbie
Activity: 61
Merit: 0
Bitcoin is not the new gold and currently i dont even cosider it a money. at the best bitcoin is currently a store of value and worst a speculative asset.it's future success inevitably depends on the likelihood of people identifying with bitcoin underlying ideals independence from our current financial system. you have probably already heard about bitcoin and cryptocurrencies. is is hyped a lot lately and there is a lot of exubetance in the market as a result you cannot predict if the price will go up or down.
newbie
Activity: 48
Merit: 0
Well bitcoin will never replace fiat but this is not a problem. For new entrants to buy bitcoin, existing holders has to sell. As more people invest in bitcoin more distributed the wealth will be.
newbie
Activity: 90
Merit: 0
Currently Bitcoin is a known name. Bitcoin has taken place in less than all countries. Bitcoin virtual currency Although the world does not take place as a currency, but the demand of the world market is not low. So Bitcoin will be the equivalent of the world currency. Believe me
full member
Activity: 449
Merit: 100
yes bitcoin is already use as world currency in illegal and legal way. because some countries already declared that bitcoin will be legal in their country but there are also countries like china ban bitcoin as currency.
full member
Activity: 910
Merit: 101
into the world currency? the possibility could happen if the whole country
legalizes its existence (bitcoin), and the native currency of a country will
still exist because for the day-to-day use would still require the existence
of genuine money is not virtual,
newbie
Activity: 83
Merit: 0
Bitcoin, now an accepted form of payment in dozens of countries around the world. As more countries begin to adopt this innovative technology, it’s clear that Bitcoin has the potential to become the new global currency not tied to a specific country or central bank.
member
Activity: 350
Merit: 10
TRONscratch.com
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 agree with you mate. Even now the start of crytocurrency we could see that it is still dependent on FIAT money which is logically needed in order to exchange cryto money. If it will be implemented then it will not change the full market situation.
newbie
Activity: 210
Merit: 0
Yes I agree if bitcoin used as a world currency. Because as of now bitcoin is international currency. It is popular to the world who knows in bitcoin and have a investment
member
Activity: 278
Merit: 10
Bitcoin is a revolution and it will take its own time for global acceptance. It is difficult to replace the traditional money as the internet penetration and acceptance needs to grow over a period of time. Also, people are so used to the traditional money, that its difficult to completely replace it.

Earlier people were thinking that debit/credit cards will replace paper money. Though the usage of paper money has gone down, there will always exist a parallel system for usage of both paper money and cards.

Similarly, bitcoin will exist in parallel with other forms of currency.

full member
Activity: 208
Merit: 100
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
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??
Bitcoin for me cannot do entirely replace the fiat system but can serve as an alternative one in a way that Bitcoin can do serve as a currency for easy worldwide transactions since it was inclined with the modern technology where we all rely. I believe that Bitcoin can possibly be used as a global currency in term of being currency since no nation owns it and everybody can do access and use it as long as they have background knowledge about it. Indeed that Bitcoin can be coined as the future of finance and the possibility for it to become a global currency can be possible or may be not that was depending on the situation applied.
member
Activity: 176
Merit: 12
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??

It can be possible in future but still need more home work because more users will be more rush will result delay in transaction and it will create bad image of Bitcoin for users.So Extend network to deliver quality services,It will be attraction of investors and common people to use Bitcoin as an alternative of fiat money.
newbie
Activity: 19
Merit: 0
for now can not be used as world currency, because certain factors by each country
newbie
Activity: 132
Merit: 0
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??
Yes it can't be happen that bitcoin can possibly replace traditional money, but for me it can become a world currency. It can't be happen that bitcoin can replace traditional money because government will not allow it, due to they cannot control bitcoin. But for me it is possible that bitcoin can become a world currency, because of it's popularity and because many people use it around the world.
newbie
Activity: 168
Merit: 0
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??

On my own perspective,  I find bitcoin to be more reliable,  however,  it is not enough to replace the actual money that we currently have.  But it would be a good alternative options for money transfer or paying bills. I'm excited as well how bitcoin would stand in the future. 
Pages:
Jump to: