I think it will be quite difficult to organise this. Bitcoin is more likely to be as a medium of exchange. Perhaps they will be able to pay in some global transactions. But replace the Fiat money he is unlikely to succeed.
possibility to change fiat currency i think is still there, but not in near future. it still takes a long time and a long process. and i think if it can replace it, it will certainly affect global economy 
Topic: Does Bitcoin have a place in the future of finance as a global currency? (Read 596 times)
October 24, 2018, 09:24:13 PM
October 24, 2018, 08:49:49 PM
Yes , bitcoin have a place in the future of finance as global currency , that will be realized if the world and the world banks will accept and give the cryptocurrency , a part of financial and economic part of every countries world wide
October 24, 2018, 07:04:30 PM
I think it will be quite difficult to organise this. Bitcoin is more likely to be as a medium of exchange. Perhaps they will be able to pay in some global transactions. But replace the Fiat money he is unlikely to succeed.
October 24, 2018, 06:38:45 PM
It may, but not as a legal tender like fiat. Governments may recognize Bitcoin as an alternative mode of payment or a digitized currency but not as legal currency due to its decentralized nature. To become a global currency, Bitcoin will have to be declared by governments as legal and become centralized...which at this point seems impossible.
October 24, 2018, 06:00:51 PM
everything has started to switch to digital
technology every day always grows
then the existence of fiat money will soon be replaced with digital money
in this case i'm sure that cryptocurrency will replace fiat money
in the future carrying paper money is no longer efficient, people will prefer to use smartphones for shopping
technology every day always grows
then the existence of fiat money will soon be replaced with digital money
in this case i'm sure that cryptocurrency will replace fiat money
in the future carrying paper money is no longer efficient, people will prefer to use smartphones for shopping
October 24, 2018, 05:59:06 PM
Well, in my opinion, bitcoin has a good financial future, especially to send money from one country to another using bitcoin and that is needed in terms of transfer speed.
October 24, 2018, 05:38:01 PM
I look forward to the moment when the world officially recognizes bitcoin as a currency and begins its widespread use. This will greatly transform modern Finance system. And also, it will be very convenient for travelers - they need more e to think about exchangers.
October 24, 2018, 05:16:01 PM
Bitcoin is a very interesting technology, with a great prospect for the future, and most importantly - it can be used in real life. And this is the most interesting-it is not just an investment, but a technology that can be actively used in everyday life.
October 24, 2018, 04:59:36 PM
I am looking forward to the year when my country will officially accept bitcoin as a currency and I will be able to freely use it for its intended purpose. It will be very convenient for everyday use and especially for international financial transactions.
October 24, 2018, 03:48:42 PM
Personally In short, yes, I do believe we will transition towards it and hit a lot of walls along the way while we find acceptance and mass adoption but I believe we’ll eventually hit a point where most of those walls become insurmountable and that’s when the alternatives start to show up..
We’ll start to see various coins battling for the top and it will almost assuredly be an amazing time in our world.
Either way, we’re in for a ride and in the mean time, those individuals saying we’ll hit $50,000 on Bitcoin are not wrong. We’re already on our way now.
I suppose not investing Bitcoin means losing free money everyday. Soon I will see my mother shopping with Bitcoins And i believe world will have a single currency that is Bitcoin.
We’ll start to see various coins battling for the top and it will almost assuredly be an amazing time in our world.
Either way, we’re in for a ride and in the mean time, those individuals saying we’ll hit $50,000 on Bitcoin are not wrong. We’re already on our way now.
I suppose not investing Bitcoin means losing free money everyday. Soon I will see my mother shopping with Bitcoins And i believe world will have a single currency that is Bitcoin.
In my opinion in the future central banks that embrace Bitcoin will have an advantage for some time but in the long run that's equivalent to digging your own grave. Central bank's complex schemes will never beat a p2p money!
October 24, 2018, 02:59:33 PM
Bitcoin is likely to become a world currency. There are a number of prerequisites for this, now it is decentralized and people in any country in the world where there is access to the Internet can have it in their assets.
October 24, 2018, 02:47:52 PM
Our world needs a new currency that will be independent and convenient for international payments. And bitcoin may well become this currency, its technology is very successful in this regard. And we have to use it.
October 24, 2018, 04:03:14 AM
I hope that Bitcoin will become a world currency in the future. unfortunately it will happen not earlier than in 15-20 years
Maybe It will happen because we have some lot of tokens and altcoins Is also good experience in crypto maybe in the future one of them will overtake bitcoins price but no one can say.
October 24, 2018, 03:50:10 AM
I hope that Bitcoin will become a world currency in the future. unfortunately it will happen not earlier than in 15-20 years
October 24, 2018, 03:44:45 AM
Well in one sense bitcoin is already a global currency, it can be used by almost
everyone around the world to pay for certain goods online and depending where
you are in retail shops. It can be used to send funds to somebody else around
the world.
Bitcoin does not have any borders.
everyone around the world to pay for certain goods online and depending where
you are in retail shops. It can be used to send funds to somebody else around
the world.
Bitcoin does not have any borders.
Moreover, I read somewhere that in the near future a person with 1 Bitcoin will be a millionaire. So you can believe or not believe in the cryptocurrency, but when you withdraw your crypto from the wallet, leave there just in case, a little satoshi. But what if!
October 24, 2018, 02:50:02 AM
I don't believe it is a 'currency' class, however I do believe it has its place in the future. As to what that place is, I am unsure, but it will still be around in some way, shape or form
October 24, 2018, 02:42:45 AM
what I think is that adoption of bitcoin will continue as it has been so far and we eventually will reach a stage (we can call it mass adoption) where bitcoin is used by a large portion of the world and is used in a lot of places.
and that means by that time bitcoin has found its way in every aspect of economy and since it is already a global currency things will work splendidly.
as for "alternatives" bitcoin doesn't have to hit a wall for them to show up. they showed up in early days of bitcoin and have been showing up ever since. we have a lot of interesting innovations if you put aside majority of the top 50 coins since sadly the way we sort coins is not based on their technology but based on how big a pump they can get and their market cap.
and that means by that time bitcoin has found its way in every aspect of economy and since it is already a global currency things will work splendidly.
as for "alternatives" bitcoin doesn't have to hit a wall for them to show up. they showed up in early days of bitcoin and have been showing up ever since. we have a lot of interesting innovations if you put aside majority of the top 50 coins since sadly the way we sort coins is not based on their technology but based on how big a pump they can get and their market cap.
October 24, 2018, 01:53:13 AM
Well in one sense bitcoin is already a global currency, it can be used by almost
everyone around the world to pay for certain goods online and depending where
you are in retail shops. It can be used to send funds to somebody else around
the world.
Bitcoin does not have any borders.
everyone around the world to pay for certain goods online and depending where
you are in retail shops. It can be used to send funds to somebody else around
the world.
Bitcoin does not have any borders.
October 24, 2018, 01:46:22 AM
It is possible, because it is now widely used, in the future it is even more known. I have a great belief that one day it will become a global payment unit
October 24, 2018, 01:40:00 AM
no one can predict the future, but as for my personal opion- probably. it has a 60-40 shot.
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