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Topic: Bitcoin will be to the online World what Dollar is to the World economy. (Read 504 times)

sr. member
Activity: 714
Merit: 252
this can be a field for us to develop the online world with bitcoin. bitcoin makes it easy for us to make any transaction. I am very sure that bitcoin will become everyone's needs later. because the era will continue to develop and create innovations that further facilitate human work.
member
Activity: 350
Merit: 11
Mostly that is what we are looking at right now given the fact that bitcoin is the coin that gives all of the other coins their value and it is the most popular coin, the most widely used coin and the most invested in. That is why for years to come bitcoin is going to maintain market domination for over fifty percent and that would mean that it is basically the dollar of the crypto world
copper member
Activity: 76
Merit: 0
CAT.EX Exchange
Not all coins are completely worthless and just a possible pump and dump. They are made for a reason, like bitcoin. The coins that are produced can be used to power up their platforms. Most of the coins right now are less security coins and most utility coins.
sr. member
Activity: 686
Merit: 250
This is what it already is right now if I am not mistaken, I mean if you look at it right now all of the other coins now get their value from the value of bitcoin which helps to cement its position as the best coin in the market and with time the dominance of bitcoin is going to increase and it is going to become even stronger as time goes on
member
Activity: 293
Merit: 10
This is true, I mean so far it already is. Since all of the coins are compared against bitcoin anyway. It already is that way for now. And when mass adoption begins then bitcoin would be the coin that is worth the most out of all of the coins and the dominance of bitcoin over the market will be even more. Bitcoin has always managed to evolve to suit the market
full member
Activity: 476
Merit: 101
I agree that what you say, does not need to remove the ancient ones even though there are new ones. because precisely the new one will be strong if there are ancient ones who will continue to accompany
member
Activity: 588
Merit: 18
It's too early to make definitive estimates in the blockchain world. I'm sure bitcoin will be a starting point for payment tools of the future.
member
Activity: 368
Merit: 25
The Standard Protocol - Solving Inflation
Bitcoin could even become the online reserve currency.

Other Cryptocurrencies will continue to exist alongside Bitcoin just as other fiats exist along with the Dollar.
No need to eliminate other Cryptocurrencies in the name of fighting so called S*tcoins..
Crypto Maximalism or whatever it's called makes no sense. Different brands of thesame technology/products can exist together.  Apple for example started the modern touchscreen phone but it didn't try to eliminate Samsung or  other Android phones because they share similar features. It's against competition and free market.
Crypto world will encourage Free Market  better than any country on Earth.
Strong and fair rules will eventually take care of actual Scamcoins

Bitcoin can't be become the daily payment system for a lot of people at the same time and it's not enough scalable. it will be suitable to become the crypto to store our value. I guess that the bitcoin has been doing it and so many people are saving their value through bitcoin and USDT. No need to remove other coin but just pick those coins are useful for us.

I agree with you Bitcoin is not that much scalable to handle daily transaction by the masses and it's better store of the value. We need the other cryptocurrency on the other hand which are scalable to hand the mass transaction when cryptocurrency will hit mainstream. Very soon in future we will be seeing domination of cryptocurrency on the online payments. Dollars is the world's currency and most of the foreign trades by numerous countries carried out with the dollar only.
full member
Activity: 364
Merit: 100
Bitcoin is already becoming a world currency, it can be paid almost anywhere in the world, and there are more and more shops that accept payments
copper member
Activity: 154
Merit: 0
I think a stable coin like USDT and TruUSD will be better to be considered as online reserve currency because they are not volatile like Bitcoin and other altcoins. A reserve currency should be very stable and Btc is not.
sr. member
Activity: 826
Merit: 258
Bitcoin could even become the online reserve currency.

Other Cryptocurrencies will continue to exist alongside Bitcoin just as other fiats exist along with the Dollar.
No need to eliminate other Cryptocurrencies in the name of fighting so called S*tcoins..
Crypto Maximalism or whatever it's called makes no sense. Different brands of thesame technology/products can exist together.  Apple for example started the modern touchscreen phone but it didn't try to eliminate Samsung or  other Android phones because they share similar features. It's against competition and free market.
Crypto world will encourage Free Market  better than any country on Earth.
Strong and fair rules will eventually take care of actual Scamcoins

Indeed, that is the condition of the current cryptocurrency world.
Every altcoin always looking up to anything that happened to Bitcoin, when ever the bitcoin rise, the alt coin will be following and vise versa.
jr. member
Activity: 100
Merit: 1
The US dollar will undoubtedly leave the world economy in time. And how quickly this will happen - depends on the development of the crypto industry. Bitcoin will win.
jr. member
Activity: 157
Merit: 1
Alfa-Enzo:Introducing the First Global Smartmarket
Sounds very real and I think that it will be really so. A lot of people compare BTC's value with gold or dollar, and I think that it can be true because BTC is very spread.
hero member
Activity: 1022
Merit: 538
For that to happen the blockchain of bitcoin needs to get a lot more quicker and not get jammed as soon as it gets certain amount of interest. Right now even today we are paying too much for smaller numbers, like buying a 99 cent thing online with bitcoin could be really a pain in the ass so thats really not a great way to be the online worlds dollar.

For that to happen the fee of sending money should be either free or really insignificant like couple cents at most and it needs to be a lot quicker, like nano levels of quicker for that to be real. Can it happen ? Of course. Will it happen anytime soon? Not a chance in hell with this pace.
newbie
Activity: 79
Merit: 0
Bitcoin has already become the most valuable crypto in the online world. I guess BTC will continue to be that way where other crypto will also be exist as the market is known to be free market.
newbie
Activity: 196
Merit: 0
People have been using BTC for various online transactions. In future more people might feel the need of using BTC as online market is expanding almost everywhere. Analogically, BTC for online world is like Dollar for real world.
newbie
Activity: 196
Merit: 0
The crypto market is completely indexed to the dollar. All virtual money, the real value is determined in dollars. The virtual market is dominated by Bitcoin. But the dollar is both the virtual market and the real market.
full member
Activity: 518
Merit: 100
over time, shitcoin will die by itself. there are lots of shitcoin available and it's not just a competitor's problem or like apple and samsung, but this shitcoin isn't worthy to become crypto or investment. look, if the goal of the shitcoin creator has been reached, then the coin will be leave it. who lost? coin holder or investor. is this worth keeping quiet? of course not.
jr. member
Activity: 166
Merit: 1
Alfa-Enzo:Introducing the First Global Smartmarket
BTC is close to replace usual money and crypto is close to replace economics too, it will be very funny to loof after this situation and their going to the aim.
newbie
Activity: 78
Merit: 0
Hopefully, obviously there's no guarantees though. That's the risk that we're all taking, could be a different coin aswell.
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