Topic: Can Bitcoin become the universal currency of the world? What is the reason? (Read 1855 times)
December 09, 2018, 03:12:34 AM
many people hope that for bitcoin, but I think personally it won't work, because not everyone understands bitcoin and we also need internet networks to access bitcoin.
December 08, 2018, 10:38:46 PM
Already it is an universal currency, right? Bitcoin is being used by more than 100 million people in every nook and corner of the world. How many of the fiat currencies can claim such a wide acceptance?
December 08, 2018, 10:22:09 PM
no, because it requires an agreement from all countries in the world, and there must be one country that does not agree with certain reasons. especially the same bitcoin exchange rates throughout the world, so the economy will be a little difficult to manage if using bitcoin as the main currency.
December 08, 2018, 10:11:29 PM
I dont think bitcoin become main world currency. Many government will not approved it because it reducing their power on money supply beside that, i am believe bitcoin become an asset like gold but more flexible than gold and can use as payment in merchant
Bitcoin will not be the world currency, because some factors that are difficult to accept in some countries or large companies of the world such as bitcoin are anonymous so it is prone to be used for crime. But I believe that bitcoin will be widely used in the future, as a companion to fiat money. Where people can choose to use bitcoin or fiat money.Indeed, bitcoin will be widely used in the future. If government regulate bitcoin as payment, i am believe it will be often to use but as alternative currency beside fiat money. But maybe become main currency in internet
December 08, 2018, 05:33:07 PM
of course it can. he has a very attractive technology and the main problem at the moment is the problem of scalability
December 08, 2018, 05:30:20 PM
Not possible to reach that goals for bitcoin becomes world universal currency
The internet modernization was continue to improve worldwide later on even the remote area have an interest
The internet modernization was continue to improve worldwide later on even the remote area have an interest
December 08, 2018, 05:28:10 PM
I think that this is quite real for bitcoin, especially since it was conceived for this purpose. The main thing is that we ourselves-ordinary people, as well as the government, have allowed it to fully develop and be used.
December 08, 2018, 05:18:29 PM
I very much hope that this will happen, because the idea of using a single currency around the world seems to me very convenient, it erases financial boundaries between countries, and also greatly simplifies the life of every person.
December 08, 2018, 05:19:14 AM
Of course we can, we have seen the progress at this time, more people have opened their eyes for Bitcoin, and there are still many positive things that can be implemented in Bitcoin that will make more people interested to use it. Donation to university is a good step but I think Bitcoin is more than that, it can be used for many things in the university and because it’s a place where educated people, they should be able to understand Bitcoin and how to use it.
December 07, 2018, 12:00:29 PM
Yes I think that Bitcoin can become universal currency. It can be a lot of reason. Like many people are connecting to Bitcoin every day. Because of which Bitcoin is getting more popular.
December 07, 2018, 04:02:54 AM
Yes, the possibility of bitcoin is emerging as a new global cryptocurrency. Bitcoin was touted as an alternative for traditional currency with more market share. Twitter CEO Dorsey told "The world ultimately will have a single currency, the Internet will have a single currency. I personally believe that it will be Bitcoin"
To know more:https://bitcoinlvx.com/
To know more:https://bitcoinlvx.com/
November 28, 2018, 11:10:08 AM
Bitcoin gives people the freedom and opportunity to make transactions privately, without paying taxes. The government will not be able to accept this soon. Not all this will happen soon. Although it would be cool!
November 28, 2018, 09:21:19 AM
Yeah, bitcoin is very likely to become the world's universal currency if the IMF (International Monetary Fund) gives bitcoin legal status. I am sure that if the IMF binds transactions with bitcoin, it is certain that all countries will accept bitcoin easily. Bitcoin is a great and sophisticated technology that is more easily accepted by society than other crypto currencies. Besides that, the presence of bitcoin brings a new history that in currency technology can be developed to become more powerful and increasingly able to facilitate human work, especially in terms of transactions. Bitcoin has a huge opportunity to become a universal crypto currency because in popularity and public trust, bitcoin is no doubt. I'm sure that bitcoin is able to compete with the world's legendary fiat currencies such as the dollar and euro. Bitcoin is able to compete because bitcoin is supported by blockchain technology that is very great.
November 28, 2018, 08:20:14 AM
Unlikely to become the universal currency of the world. It's more likely that it will succeed along fiat however.
In a way, it has already become a universal currency. It can be used in any place of the world (where you have the Internet, sure). However, Bitcoin will never replace the traditional money, which is more convenient.
But I think in the future Bitcoin will become universal currency when the people already having the good science about Bitcoin.
November 28, 2018, 08:06:54 AM
Unlikely to become the universal currency of the world. It's more likely that it will succeed along fiat however.
In a way, it has already become a universal currency. It can be used in any place of the world (where you have the Internet, sure). However, Bitcoin will never replace the traditional money, which is more convenient.
use bitcoin. but to replace fiat as a conventional currency, it will never happen man
November 28, 2018, 03:17:37 AM
Unlikely to become the universal currency of the world. It's more likely that it will succeed along fiat however.
In a way, it has already become a universal currency. It can be used in any place of the world (where you have the Internet, sure). However, Bitcoin will never replace the traditional money, which is more convenient.
use bitcoin. but to replace fiat as a conventional currency, it will never happen man
November 28, 2018, 03:10:32 AM
Can Bitcoin become the universal currency of the world? What is the reason?
Universities and colleges are opening up to the idea of taking donations via cryptocurrency…by Manoj Sharma for CNR Earlier this week
Read more:
https://www.trackcoinmarket.com/en/crypto-news/34494/universities-colleges-learning-handle-donations-bitcoin
It is already become a universal currency, bitcoin is adopted by many people around the world. Bitcoin is decentralized currency which mean that there is no central authority who control it unlike fiat currency which is controlled by governments. The use of fiat currency by international people will affect the economy of the country which control it. Universities and colleges are opening up to the idea of taking donations via cryptocurrency…by Manoj Sharma for CNR Earlier this week
Read more:
https://www.trackcoinmarket.com/en/crypto-news/34494/universities-colleges-learning-handle-donations-bitcoin
November 28, 2018, 02:58:19 AM
A value that can be used as money should have some “physical” properties. These usually include the following: the value must be small, uniform (that is, of the same type and quality), durable, transportable and fissile, and it must have a high value per unit of measure and be universally recognized as such value
November 27, 2018, 02:23:46 PM
Can Bitcoin become the universal currency of the world? What is the reason?
Universities and colleges are opening up to the idea of taking donations via cryptocurrency…by Manoj Sharma for CNR Earlier this week
Read more:
https://www.trackcoinmarket.com/en/crypto-news/34494/universities-colleges-learning-handle-donations-bitcoin
Universities and colleges are opening up to the idea of taking donations via cryptocurrency…by Manoj Sharma for CNR Earlier this week
Read more:
https://www.trackcoinmarket.com/en/crypto-news/34494/universities-colleges-learning-handle-donations-bitcoin
Yes, with very many likely. Even if not bitcoin, then any other cryptocurrency. We must understand that cryptocurrencies are already the future that has come and that is undergoing a period of transformation (so to speak, the puberty period ). Now is not the easiest time for any cryptocurrency and for the market as a whole, but when such institutions as universities support this initiative, there is certainly hope for the future.
November 27, 2018, 02:16:54 PM
Unlikely to become the universal currency of the world. It's more likely that it will succeed along fiat however.
In a way, it has already become a universal currency. It can be used in any place of the world (where you have the Internet, sure). However, Bitcoin will never replace the traditional money, which is more convenient.
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