Topic: Bitcoin to be used as world currency? - page 8. (Read 1058 times)
This is just an utopian dream, there will never be a world currency, every country wants to control its economy. UK didn't accepted the Euro, back in 2001! The one thing we can hope for is that bitcoin will be accepted, but forget about a complete replacement, at leat without a huge rebellion and reborn of the global society
It's true that, Bitcoin can't replace the regular currency. But it can be best alternative currency beside Dollar and Euro. Bitcoin is already got numerous popularity in many top level countries as their alternative currency.
If to use bitcoin for payment process around the world is still very difficult so the role of the government is necessary to open up opportunities for digital currencies to experience rapid development in the future.
Well, according to me,Bitcoin will soon use as world currency because its popularity is increasing day by day. As people now a days love to buy or sell items online,so bitcoin will play an important role in this.
I believe that bitcoin will be the number one world favourite currency. Because people of all over the world using online marketing by daily converting digital currency. Bitcoin such kind of digital currency, so Bitcoin one day will use as world currency.
Yeah. It good ideas. But most of the people don't know how to use the bitcoin. Some country people don't know the system knowledge. So it not easy to accept the world currency. So country will be accept coming future but need to some more time. If suddenly try to change. it affect the country people and country economy growth. So wait and it will be know the people know to learn the bitcoin process and future growth. It time to acct process. But the's not right time to acct. Wait for the some good opportunity for the process.
But coming future bitcoin will be any time to change. Now bitcoin will be try to use paper currency. So it help to all country people and it reach the all people for the using purposes.
Yes ,I agree to you that it will hard for bitcoin to replace fiat currency.When it initially came into utilization, Bitcoin was touted as another option to the dollar and even gold. In any case. Though people hold strong confidence and belief on Bitcoin.
Hello. I think Bitcoin will get to take the place of traditional coins, but it will be a long time, like at least 50 years. initially governments will not accept the shift to bitcoin, but if they accept it, this means that the bitcoin has a fixed value without being able to grow or fall.
I believe that bitcoin will be the number one world favourite currency. Because people of all over the world using online marketing by daily converting digital currency. Bitcoin such kind of digital currency, so Bitcoin one day will use as world currency.
I do think that bitcoin cannot take place the currency of a country and be used effectively as a whole, but I do see the potential that bitcoin in the future being used by the public as currency viable in any country. Bitcoin has the potential because its digital currency and revolutionizing cryptocurrency. Bitcoin in the future can be effectively used as a currency that you don't need to convert and I think that's pretty convenient.
I don't think bitcoin could replace fiat currency. This would be very bad to people who don't believe in bitcoin. They don't want to experience change. But they don't know that change is constant in this world. Our world is developing and bitcoin is part of the development of this world, so, why not?
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??
Because of the high volatile price of the bitcoin and cryptocurrencies in general, it is quite unlikely to be used as mainstream currencies, it would be unpractical for a person to pay 10$ for a product which will become worth maybe 5$ in one or tow days, the constant change of price is what stops people from using it as everyday currency, but at the same time it is what makes bitcoin very popular and profitable to invest in. 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??
Yes, bitcoin can be used as a world currency but bitcoin needs to be known yet people around the world use it. 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 depends on what you define as a "world" currency. In some aspects, you can consider it as a universal currency since you can accept Bitcoins anywhere at anytime as long as you have an internet connection. It could possibly be a common currency among people depending on the adoption. However, when it comes to being a legal tender across all the countries, it would just downright be impossible. Most governments are against Bitcoins mostly due to their perceived threats to national security (ie. political interest, terrorism funding).
I do agree that bitcoin cannot replace the fiat currency. The government will not allow any currency that they cannot control to replace their own national currency except if there is economic collapse. But if you notice countries are now making their own cryptocurrency such as Sweden, they are the first country that have launched the first ever government owned cryptocurrency. Soon other countries will follow their footsteps and eventually will be used by people. But even though bitcoin will not replace traditional money but it will be still used worldwide.
it would be like that bitcoin or other digital currencies can never replace the conventional currency of each country because each country has its own regulation of finance other than that there are still many shortcomings if bitcoin into the world-wide currency.
I think bitcoin will only be a symbol of the digital currency. Bitcoin is difficult to become or to replace currency in a country or worldwide.
i agree with you that someday i believe that bitcoin will makes the currencies in the world change to use bitcoin from another currencies, why i believe in this? beacuse as we know that bitcoin is more popular day by day and i think this popularity makes bitcoin used by all people in the world
There is a possibility but it will take decades before this happens because there are still remote areas without internet reception. You can't buy anything if you are in a remote area without reception or the one you want to buy doesn't accept bitcoins because they don't have a wallet. There are a lot of things to consider if we want crypto to replace fiat. But in the future there is a possibility, who knows what lies ahead.
I do agree that bitcoin cannot replace the fiat currency. The government will not allow any currency that they cannot control to replace their own national currency except if there is economic collapse. But if you notice countries are now making their own cryptocurrency such as Sweden, they are the first country that have launched the first ever government owned cryptocurrency. Soon other countries will follow their footsteps and eventually will be used by people. But even though bitcoin will not replace traditional money but it will be still used worldwide.
it would be like that bitcoin or other digital currencies can never replace the conventional currency of each country because each country has its own regulation of finance other than that there are still many shortcomings if bitcoin into the world-wide currency.
Would be great, many countries and governmemts will have to step in
I don't think so the bitcoin can use for the currency for the whole world because we have our currency. We don't know until when bitcoin still alive in this world because they have possibility the price decrease or become dead. And for sure those country who are already ban bitcoin will not accept this coin for currency for their country.
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