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Topic: Can Bitcoin become the universal currency of the world? What is the reason? - page 6. (Read 1855 times)

newbie
Activity: 15
Merit: 0

Bitcoin can circulate globally, as the amount of people now known and traded is increasing rapidly. But it will be the currency to add but not dominate.
Digital currency is very useful, but it is also the danger coming from criminal activities. Moving towards a useful solution and contributing to building a better world is the best thing for mankind.
newbie
Activity: 39
Merit: 0
It is possible because of their popularity, more and more people know it and use it as a useful tool in the financial sector. Chunga may develop beyond what we expect
jr. member
Activity: 252
Merit: 1
I don't think bitcoin will become the universal currency for the world at least not now but btc can actually reposition itself after a few adjustments
member
Activity: 420
Merit: 10
bitcoin can be a universal currency if all countries can accept bitcoin for payment transactions. the reason is that bitcoin does not have a distant value in each country. bitcoin is safer to make transfers. bitcoin is more transparent, and bitcoin is easier to use without limiting rules.
I agree.This will only become a universal currency if all countries agreed to legalized the use of bitcoin in different transactions.Fiat currencies are still the most in demand currency for now.But with mass adoption of bitcoin in the future,it might replace the position of fiat currency.
Replace fiat is not really good thing to happen. If bitcoin and fiat can adopted together will be very good, because out there some people still don't have access to bitcoin's technology.

For those of us who have known technology and bitcoin, we will not be surprised if bitcoin becomes a global currency, but for those who are laymen with technology will not accept this. And it seems to be running like this, bitcoin and fiat still run according to their roles until later.
full member
Activity: 602
Merit: 100
I think that bitcoin should become the main currency of the world and be used in every country without exception. It is very convenient, and most importantly safe, and greatly simplifies international payments and transfers. So I'm two hands for the spread of crypto currency.
member
Activity: 169
Merit: 10
I think Bitcoin can become the world's currency. Because the cryptocurrencies that come with blockchain technology are a great combination. Bitcoin price are still stable in the market and have good growth.
legendary
Activity: 966
Merit: 1000
Bitcoin will certainly achieve it, but we don't have to rush to reach that point, slowly but surely people will accept Bitcoin especially if we advise them to accept transactions using Bitcoin. University is the right place to be a pioneer for this, I mean not just accepting donations, it can be used in campus like paying tuition fees for example.
hero member
Activity: 2548
Merit: 572
#SWGT CERTIK Audited
bitcoin can be a universal currency if all countries can accept bitcoin for payment transactions. the reason is that bitcoin does not have a distant value in each country. bitcoin is safer to make transfers. bitcoin is more transparent, and bitcoin is easier to use without limiting rules.
I agree.This will only become a universal currency if all countries agreed to legalized the use of bitcoin in different transactions.Fiat currencies are still the most in demand currency for now.But with mass adoption of bitcoin in the future,it might replace the position of fiat currency.
Replace fiat is not really good thing to happen. If bitcoin and fiat can adopted together will be very good, because out there some people still don't have access to bitcoin's technology.
legendary
Activity: 1386
Merit: 1001
Bitcoin can't be the universal currency of the world, at least in the nearest future. The BTC usability around the world is still really limited, compared to fiat usability. In addition, most governments worldwide keep supporting their local fiat currencies, and not supporting any cryptocurrency, including Bitcoin of course.
Maybe after some decades, when people start using BTC a lot more, they will force governments and banks to start support crypto.
hero member
Activity: 2940
Merit: 613
Winding down.
bitcoin can be a universal currency if all countries can accept bitcoin for payment transactions. the reason is that bitcoin does not have a distant value in each country. bitcoin is safer to make transfers. bitcoin is more transparent, and bitcoin is easier to use without limiting rules.
I agree.This will only become a universal currency if all countries agreed to legalized the use of bitcoin in different transactions.Fiat currencies are still the most in demand currency for now.But with mass adoption of bitcoin in the future,it might replace the position of fiat currency.
full member
Activity: 608
Merit: 100
bitcoin can be a universal currency if all countries can accept bitcoin for payment transactions. the reason is that bitcoin does not have a distant value in each country. bitcoin is safer to make transfers. bitcoin is more transparent, and bitcoin is easier to use without limiting rules.
full member
Activity: 438
Merit: 100
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
Well for me there is a big possibilities that bitcoin can be a universal currency, maybe it was not yet implemented now but I think in the future it will be implemented as you can see many country now are using bitcoin as a payment in their country and many country now are adopting bitcoin to be another currency so let us wait until it was implemented all over the world.
member
Activity: 243
Merit: 10
i  think  there  are  some things  that it  has  been  fullfilled  first  to  be  a good  coin  and  then  it  has  to be known  by  almost  every  country  and  accepted  by governments and  i  think  it is  not possible at all.
member
Activity: 238
Merit: 15
I always say this and will never stop saying it because looking at how the blockchain is being integrated into almost every industry, I think its going to be Lips sealed a universal currency.
hero member
Activity: 994
Merit: 515
Get'em boys
Yeah! I think there will be a massive accomplishment if that was to be the case and one reason why this would be is because it would act as a currency equal between all nations, removing any nationalism or extra exchange fees.
full member
Activity: 693
Merit: 100
Cryptocurrencies definitely hold the future me there isn't. Bette cryptocurrency well suited to les this revolution than bitcoin so I believe bitcoin can be a universal currency one day but not in the near future.
Look, the world today is already adapting such electronics payment by using electronics card and its proven to be effective and bitcoin is a kind of electronics money and there is no such different on that, in fact there more advantage of using bitcoin as a crypto currency compared to the traditional electronics card and above all the world is really moving and escalating to seek more efficient technology so blockchain technology was born and no doubt that bitcoin as crypto currency will the the world's universal money in the near future.
sr. member
Activity: 756
Merit: 253
Cryptocurrencies definitely hold the future me there isn't. Bette cryptocurrency well suited to les this revolution than bitcoin so I believe bitcoin can be a universal currency one day but not in the near future.
member
Activity: 546
Merit: 10
💲 EMIREX EXCHANGE 💲
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

yes, that in my opinion can be a factor why cryptocurrency is worthy to continue its development, there are still good things that can be done with the use of cryptocurrency. donations for disadvantaged people, unemployed and refugees
sr. member
Activity: 574
Merit: 250
in my opinion that could happen. when all countries legalize crypto currencies and all countries accept crypto currencies as a means of transacting, crypto currencies can become global currencies. but before becoming a world currency, we must increase human resources so that we can use this currency.
member
Activity: 351
Merit: 10
Actually bitcoin has almost become a world currency, like dolllar or euro. Everyone know about the bitcoin today and every new day more people invest to cryptocurrency and bitcoin. So what else we can say to bitcoin? But in near future the bitcoin may become the universal digital currency and in like 2035-2040 may become world official currency..

Agree for some extend because considering the popularity, demand and also the value it has gained among many investors and traders in the world it is very bitcoin has the ability to give a good competition for major currencies like USD and EURO in the current trading world and if this progress of bitcoin continues in the future definitely very soon this will become an universal currency in the world with large amount of users and acceptance
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