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Topic: Did you think alt coins can merge to only one coin? (Read 540 times)

sr. member
Activity: 300
Merit: 250
The world can never be united and since that can't happen, then the idea of having a universal coin can't happen.
I agree with you. It is hard to have a coin which is a combination of all other coins. Each of them has their own advantages which can not be merged to only one coin. Therefore, you have to accept the true that there are always many coins on the world. Even with good technology, I doubt that people can merge them
member
Activity: 473
Merit: 11
I do not think that will happen, we know that every altcoin has different function and also roadmap or their goal also different even can be inversely proportional. so the vision is not the same mission
newbie
Activity: 135
Merit: 0
I think Altocoin is not possible to merge into one coin because each coin has a different market and has a different purpose.
newbie
Activity: 70
Merit: 0
It is possible to that happen. All coin emerging to only one coin is a great idea but still many new altcoins are emerging everyday. And also the owner of each coin has different strategy or purpose for their coin. Their approval of merging coins also matter.
legendary
Activity: 3276
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
I think it is impossible. Because there are huge hidden dangers in the network, I think it is impossible for the government to keep the economy on the Internet. They may issue tokens, but they may only be used for some kind of commemoration!

It looks like you don't even understand what's already talked by OP. it's about the possibility to merge the altcoin into one coin that will be brought by the economic someday, and in my understanding it' impossible because every asset represented its company share, I meant to look at how so many altcoins has a different purpose from one to each other and it can't be merged.
member
Activity: 350
Merit: 15

I love crypto, but there are a lot of useless coins. They quickly get out of everyday life, projects that are associated with them are dying away.
Probably one or several coins remaining in circulation can change this problem.
full member
Activity: 434
Merit: 100
World is willing to accept only one coin, yet some countries are not. Many countries are using dollars and euros, right? About others - they stay still. Conclusion of it is that there also will be some parts of the world where that "one coin" will not be involved in their lives.
member
Activity: 439
Merit: 10
As for me it looks pretty weird. I think that crypt will become more popular and number of coins will also increase  Roll Eyes
full member
Activity: 378
Merit: 101
I think it's possible to have a single crypto currency but I don't think it's exist based on existing ones merging. As others pointed out it'll most likely sit above existing crypto and have a exchange rate much like the dollar does against the pound and vice versa.

It'd need to be versatile enough that if someone wanted payment in a certain currency, you'd be able to pay using your 'universal' crypto and it would automatically do the conversion and payment in their desired crypto currency.
member
Activity: 308
Merit: 10
It may be. but believe that if this will happen the in the distant future. countries just do not give up their money.
member
Activity: 434
Merit: 17
The main idea behind bitcoin maimalist is that one day BTC can become a busket of all altcoins features.
Which is very hard to do (mostly from network security point of view). In crypto tech are moving so fast you'll never know.
member
Activity: 434
Merit: 10
I think it is impossible. Because there are huge hidden dangers in the network, I think it is impossible for the government to keep the economy on the Internet. They may issue tokens, but they may only be used for some kind of commemoration!
newbie
Activity: 309
Merit: 0
The world can never be united and since that can't happen, then the idea of having a universal coin can't happen.
jr. member
Activity: 203
Merit: 3
No, really no way altcoins can merge, for one, these are different coins addressing different problems in the market, if they merge then what will they be addressing, which problem will they be solving and how about the gap left by other coins, I don't think they can merge
member
Activity: 308
Merit: 10
It could happen that there is going to be only one coin, which whole world will use. Yet, we need to take away the poverty first (in case of using blockchain), which will take so long time.
sr. member
Activity: 619
Merit: 250
No, I do not think so. There will be a lot of coins and each of them has their own purposes. That is why we can not combine all of them into one coin. Even the most perfect coins can never adapt all requirements of human. Therefore, there will always many coins existing at the same time
sr. member
Activity: 700
Merit: 251
power indeed only has one crypto only i.e. bitcoin. only a small part of the altcoin which can also be used as another option for investment assets. all of this is interconnected and complementary to either altcoin or bitcoin. If only one that survived I think hard because certainly, it will make the coin is not controlled.
sr. member
Activity: 1078
Merit: 250
I do not think there will be any power on coins for a real economic peak, because every country has a real and approved currency, unlike a coin.
copper member
Activity: 238
Merit: 0
It is not feasible. alternative currency has different motive with different tokens. an assurance tokens can't be mix with an permutationor lending token.
sr. member
Activity: 924
Merit: 265
All over the wold today they are discussion on blockchain technology. Can someone tell me if someday top economy or world power may consider bringing only one coin?

If it will happened I think the coin is the bitcoin itself or maybe if there is a good coin that can supply a good blockchain to the world then maybe it can be used. But somehow it cant be for me because some country for today cant adopt bitcoin or blockchain technology.
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