Trust in bitcoin continues to grow and the involvement of institutional investor can guarantee bitcoin's future. If the government of a country is forever being tough on the legality of existing bitcoin, I don't think it will have a big impact on bitcoin. Adoption may still be hampered by it, but the government can't prevent the trust of these bitcoin users from growing. I am sure, for the following years bitcoin regulation will weaken even more when there are many countries that support its existence.
it can be seen today, where even though there is no full support from the government, many investors believe in bitcoin so that the government cannot inhibit it, even more and more stock markets are opening trading for cryptocurrency 
Topic: FINALLY ALL MONETARY AUTHORITIES IN THE WORLD WILL ADOPT BITCOIN (Read 421 times)
It always takes the majority of other countries to wait and see what the United States is going to do first, and that goes for just about anything, from laws and policies, to the adopting of westernized technology. Whenever the U.S puts up a fuss about something, or makes a major decision that involves adopting something new, you'd best believe that the other nations will follow suit and wait to see how the scenario plays out. Being that crypto adoption is healthy within the U.S, Others nations are slowly becoming more laxed as well towards cryptocurrency adoption and related services.
Let's not forget that this is still the wild west frontier as far as regulation goes, but order is slowly taking place. Go crypto!
The leadership of the United States is not what it used to be, it is true that in the past many countries waited until the United States gave an indication of what it wanted to do in order to follow suit, but this is not the case anymore, there are now simply too many actors that are working against the interests of the United States that if we saw a negative posture coming from the United States I'm pretty sure that many of its opponents will decide to do exactly the opposite because they see in bitcoin a way to weaken the dollar.Let's not forget that this is still the wild west frontier as far as regulation goes, but order is slowly taking place. Go crypto!
This is especially true when it comes to China which has been doing everything that they can to weaken the dollar and even if they do not like bitcoin themselves they may think they have in it a valuable ally to achieve such a purpose.
April 28, 2021, 02:56:58 PM
Trust in bitcoin continues to grow and the involvement of institutional investor can guarantee bitcoin's future. If the government of a country is forever being tough on the legality of existing bitcoin, I don't think it will have a big impact on bitcoin. Adoption may still be hampered by it, but the government can't prevent the trust of these bitcoin users from growing. I am sure, for the following years bitcoin regulation will weaken even more when there are many countries that support its existence.
April 28, 2021, 01:56:23 PM
It always takes the majority of other countries to wait and see what the United States is going to do first, and that goes for just about anything, from laws and policies, to the adopting of westernized technology. Whenever the U.S puts up a fuss about something, or makes a major decision that involves adopting something new, you'd best believe that the other nations will follow suit and wait to see how the scenario plays out. Being that crypto adoption is healthy within the U.S, Others nations are slowly becoming more laxed as well towards cryptocurrency adoption and related services.
Let's not forget that this is still the wild west frontier as far as regulation goes, but order is slowly taking place. Go crypto!
Let's not forget that this is still the wild west frontier as far as regulation goes, but order is slowly taking place. Go crypto!
April 28, 2021, 11:50:06 AM
The percentage of bitcoin users is growing all the time in all countries. The monetary authority's concern about the presence of bitcoin has turned into an opportunity for trust. For example, currently more than 35 percent of bitcoin circulation in America and in the next 10 years the percentage of funds invested or converted into bitcoin will be very significant.
This phenomenon will be absorbed by the majority of countries in the world to then take strategic steps through the regulation of their monetary authorities in accommodating the existence of bitcoin. This was created because bitcoin was able to guarantee equal trust without intervention so that it was considered fairer and safer.
And in the next 20 years bitcoin will become the single standard means of transaction in the world beyond the role of the US dollar, yuan, yen, euro and others. The creation of a world financial mechanism that is more efficient, easy, safe, equal and reliable.
The scenario that you are presenting is simply too positive for my tastes, it could happen but in my opinion governments are not going to like to lose the power fiat currencies give to them and the surveillance powers they get out of it.This phenomenon will be absorbed by the majority of countries in the world to then take strategic steps through the regulation of their monetary authorities in accommodating the existence of bitcoin. This was created because bitcoin was able to guarantee equal trust without intervention so that it was considered fairer and safer.
And in the next 20 years bitcoin will become the single standard means of transaction in the world beyond the role of the US dollar, yuan, yen, euro and others. The creation of a world financial mechanism that is more efficient, easy, safe, equal and reliable.
It is way more likely they will resist with laws and regulations and if things get ugly we may see many governments banning bitcoin, and then only once bitcoin beats all of those hurdles then we could see governments giving up and finally accepting bitcoin and the fact that it will not disappear no matter what they do.
April 28, 2021, 10:54:50 AM
replace? I do not think so. Bitcoin will only become an alternative alternative payment, which is interested in many people. We know that every country in this world is sovereign and can manage its economy including regulating the use of currencies. It is economic sovereignty, while Bitcoin cannot be fully controlled, that's why I say Bitcoin will only be alternative.
It is enough if it become world reserve currency. It does not need to replace national currencies. Just a currency in which all international trade is made and which central banks store in their treasuries.
April 27, 2021, 06:59:30 PM
And in the next 20 years bitcoin will become the single standard means of transaction in the world beyond the role of the US dollar, yuan, yen, euro and others. The creation of a world financial mechanism that is more efficient, easy, safe, equal and reliable.
I doubt the authenticity of the statement. Being single standard means of transaction is something unimaginable and hard to carry of, especially when bitcoin has a problem with network stagnancy and the higher fees transactions. Moreover, right now, the majority of bitcoin users only see it as an investment tool that has a high percentage of hedging against the dollar. In the future, I only see that bitcoin will become a sort of asset which is more reliable than gold or any other physical investment tool Perhaps we will be able to see new development in the bitcoin system which makes it powerful enough to replace the current fiat system. But right now, I have to admit that bitcoin main purpose is to passively generate income for whomever invest
April 27, 2021, 12:31:49 PM
in the next 20 years bitcoin will become the single standard means of transaction in the world beyond the role of the US dollar, yuan, yen, euro and others.
I don't think it would take 20 years to happen; I mean probably in next 10 years itself it may happen because technologies will be adopted more quicker than we could imagine. Already most government started realizing the benefits of using bitcoin in their momentary system but at the same time they might need some system for regulating bitcoins so that they will not lose tax revenues and other powers.The creation of a world financial mechanism that is more efficient, easy, safe, equal and reliable.
This is something that we are going to enjoy just because of blockchain technology and its inner layer of distributed ledger concepts. Certainly this is the face of future world finance and transactions. 
April 27, 2021, 12:03:54 PM
Bitcoin is ubiquitous and powered by cryptocurrency companies, P2P merchants, and exchanges. It can be said that Bitcoin has very good liquidity even on centralized exchanges and P2P exchanges.
Regardless of the future, for now, Bitcoin-related transactions have taken place all over the world.
After the US dollar, the Bitcoin coin is the next most liquid currency that we can expect over the next few years.
Regardless of the future, for now, Bitcoin-related transactions have taken place all over the world.
After the US dollar, the Bitcoin coin is the next most liquid currency that we can expect over the next few years.
as long as the Bitcoin supply remains and it is still deferred for large holders of bitcoins. however, the system for distributing bitcoin in the wallet will be completely unknown. and as the world's currency, we don't know the rules for holding limits on the amount of bitcoin per user.
April 27, 2021, 11:59:09 AM
And in the next 20 years bitcoin will become the single standard means of transaction in the world beyond the role of the US dollar, yuan, yen, euro and others. The creation of a world financial mechanism that is more efficient, easy, safe, equal and reliable.
I doubt the authenticity of the statement. Being single standard means of transaction is something unimaginable and hard to carry of, especially when bitcoin has a problem with network stagnancy and the higher fees transactions. Moreover, right now, the majority of bitcoin users only see it as an investment tool that has a high percentage of hedging against the dollar. In the future, I only see that bitcoin will become a sort of asset which is more reliable than gold or any other physical investment tool Perhaps we will be able to see new development in the bitcoin system which makes it powerful enough to replace the current fiat system. But right now, I have to admit that bitcoin main purpose is to passively generate income for whomever invest
April 27, 2021, 11:19:42 AM
I don't think all could come up with that idea. In my own opinion, not all can adopt to what's happening with cryptocurrency and not all can transact using one. Not all governments agreed the use of crypto in the country and not all know about it. Poor countries will always rely on p2p transactions using local currency for them to survive and would never use money for gadgets just to have those cashless transactions.
April 27, 2021, 10:52:36 AM
Bitcoin is ubiquitous and powered by cryptocurrency companies, P2P merchants, and exchanges. It can be said that Bitcoin has very good liquidity even on centralized exchanges and P2P exchanges.
Regardless of the future, for now, Bitcoin-related transactions have taken place all over the world.
After the US dollar, the Bitcoin coin is the next most liquid currency that we can expect over the next few years.
Regardless of the future, for now, Bitcoin-related transactions have taken place all over the world.
After the US dollar, the Bitcoin coin is the next most liquid currency that we can expect over the next few years.
April 27, 2021, 10:39:59 AM
The percentage of bitcoin users is growing all the time in all countries. The monetary authority's concern about the presence of bitcoin has turned into an opportunity for trust. For example, currently more than 35 percent of bitcoin circulation in America and in the next 10 years the percentage of funds invested or converted into bitcoin will be very significant.
This phenomenon will be absorbed by the majority of countries in the world to then take strategic steps through the regulation of their monetary authorities in accommodating the existence of bitcoin. This was created because bitcoin was able to guarantee equal trust without intervention so that it was considered fairer and safer.
And in the next 20 years bitcoin will become the single standard means of transaction in the world beyond the role of the US dollar, yuan, yen, euro and others. The creation of a world financial mechanism that is more efficient, easy, safe, equal and reliable.
Bitcoin adoption is increasing at significant rate with major corporations like MicroStrategy,Tesla, Starbucks, Microsoft accepting and investing in bitcoin but still we need to live in reality that for Bitcoin to become completely mainstream it will require lot of time.At current only 1-2% of population is using Bitcoin for payment method and 3-4% are investing in bitcoin just for high returns.Fiat cannot be replaced so easily as it is legal currency of country,world trade is carried out with fiat and all business operates on fiat.This phenomenon will be absorbed by the majority of countries in the world to then take strategic steps through the regulation of their monetary authorities in accommodating the existence of bitcoin. This was created because bitcoin was able to guarantee equal trust without intervention so that it was considered fairer and safer.
And in the next 20 years bitcoin will become the single standard means of transaction in the world beyond the role of the US dollar, yuan, yen, euro and others. The creation of a world financial mechanism that is more efficient, easy, safe, equal and reliable.
For Bitcoin to become Mainstream some things need to be corrected like:
1)High transaction fees
2)All the countries need to regulate Bitcoin for use in their jurisdiction.
3)Speed of transaction
So we can say that we are Bitcoin enthusiast but still we need to wait for what @OP is dreaming about so easily.
April 27, 2021, 10:14:27 AM
This is wishful thinking. The goal of fiat is to maintain control over the financial system of the world. Due to its flexibility and being a way easier tool to manipulate depending on the current economic situation, governments would surely like to keep it that way for a long time until a new 'better' system that retains the flexibility of fiat arises. They can't do this in bitcoin, thus making it near impossible for them to adopt it even in the next 100 years. Sure they are warming up to bitcoin and other crypto given the potential of these digital financial tools/assets, but I don't see them integrating it directly on their financial system.
Agreed, it is naive to think governments do not know all the damage they do with their fiat currencies to the people, they use them precisely because it allows them a great control over their population and over the whole economy on itself, bitcoin is not going to change this, even if the whole economy collapses tomorrow and people decided to adopt bitcoin as fast as they could governments can just force you to use their fiat even if you do not want it and they will keep their fiat in power even if they have to use force to get this done.thats why, even two decades from now, we will still have our fiat as main means of financial transaction. i dont think btc or any other crypto will dominate the financial area. maybe the adoption will increase but it will just co-exist with fiat. dont think that the govt will fully abandon the use of fiat. thats not gonna happen. just my 2 cents.
and the OP is misleading users by his title thread. a lot of countries are still treating bitcoin as illegal like bolivia, bangladesh and iran. just to name a few.
April 26, 2021, 01:37:25 PM
The percentage of bitcoin users is growing all the time in all countries. The monetary authority's concern about the presence of bitcoin has turned into an opportunity for trust. For example, currently more than 35 percent of bitcoin circulation in America and in the next 10 years the percentage of funds invested or converted into bitcoin will be very significant.
This phenomenon will be absorbed by the majority of countries in the world to then take strategic steps through the regulation of their monetary authorities in accommodating the existence of bitcoin. This was created because bitcoin was able to guarantee equal trust without intervention so that it was considered fairer and safer.
And in the next 20 years bitcoin will become the single standard means of transaction in the world beyond the role of the US dollar, yuan, yen, euro and others. The creation of a world financial mechanism that is more efficient, easy, safe, equal and reliable.
This phenomenon will be absorbed by the majority of countries in the world to then take strategic steps through the regulation of their monetary authorities in accommodating the existence of bitcoin. This was created because bitcoin was able to guarantee equal trust without intervention so that it was considered fairer and safer.
And in the next 20 years bitcoin will become the single standard means of transaction in the world beyond the role of the US dollar, yuan, yen, euro and others. The creation of a world financial mechanism that is more efficient, easy, safe, equal and reliable.
So where is the source of this little piece of information or you just decided to dream big and put it in writing?
Are you a time traveller that you already know btc will be the single standard transaction in the world, btc is just 21 million and we have billions of people all over the world, I wonder how this will be distributed.
April 26, 2021, 01:33:41 PM
The percentage of bitcoin users is growing all the time in all countries. The monetary authority's concern about the presence of bitcoin has turned into an opportunity for trust. For example, currently more than 35 percent of bitcoin circulation in America and in the next 10 years the percentage of funds invested or converted into bitcoin will be very significant.
This phenomenon will be absorbed by the majority of countries in the world to then take strategic steps through the regulation of their monetary authorities in accommodating the existence of bitcoin. This was created because bitcoin was able to guarantee equal trust without intervention so that it was considered fairer and safer.
And in the next 20 years bitcoin will become the single standard means of transaction in the world beyond the role of the US dollar, yuan, yen, euro and others. The creation of a world financial mechanism that is more efficient, easy, safe, equal and reliable.
Even though bitcoin has already gained much popularity all over the world, we cannot be certain about its future still. There are still a lot of possibilities that may hinder or may end bitcoin's era but let us hope for the best since we are all patronizing the use of it. For now, we should set ourselves ready on what can happen in the future and spread the word about bitcoin even through little ways like telling a friend or a relative. After all, if bitcoin would make it to that position in the future, I'm certain all the struggles and incapabilities will already be worked on and bitcoin would be flawless enough to be accepted and considered as the single monetary instrument in the world. This phenomenon will be absorbed by the majority of countries in the world to then take strategic steps through the regulation of their monetary authorities in accommodating the existence of bitcoin. This was created because bitcoin was able to guarantee equal trust without intervention so that it was considered fairer and safer.
And in the next 20 years bitcoin will become the single standard means of transaction in the world beyond the role of the US dollar, yuan, yen, euro and others. The creation of a world financial mechanism that is more efficient, easy, safe, equal and reliable.
April 26, 2021, 01:09:42 PM
And in the next 20 years bitcoin will become the single standard means of transaction in the world beyond the role of the US dollar, yuan, yen, euro and others.
That's pretty much unlikely to happen, Fiat currencies could be at it's low atm, with devaluation, inflation/hyperinflation etc and also a struggling economy due to the pandemic to make things worst, but unfortunately, it's somewhat not possible for Bitcoin to become the only (single) means of carrying out transactions; newcomers to Bitcoin are always pretty much enthusiastic to suggest that, but the reality is that the use of Fiat currencies wouldn't diminish. Bitcoin is currency of control, freedom etc, that makes it slightly different from our regular Fiat currencies, and imo, BTC works pretty fine with Fiat currencies around (when they coexist), even when Bitcoin becomes mainstream, it still would be insufficient to be the "single standard means of transaction". This phenomenon will be absorbed by the majority of countries in the world to then take strategic steps through the regulation of their monetary authorities in accommodating the existence of bitcoin. This was created because bitcoin was able to guarantee equal trust without intervention so that it was considered fairer and safer.
The thing is, the government do not want any currency they can't control, manipulate and print as much as they want, when they want it, and having said that, Government involvement or accomodation of Bitcoin ultimately results in regulations, which then erode the control and freedom it's users are in the network for.Bitcoin and other decentralized cryptocurrencies are not suitable for states due to their "no-man's" nature, high price volatility and uncontrollability. There is no doubt that they will issue their digitized central bank currencies using blockchain technology. In addition, the higher the price of bitcoin rises, the more states will have a desire to regulate the circulation of cryptocurrency more stringently.
April 24, 2021, 09:47:57 PM
I am not sure about it, moreover many countries still do not legalize Bitcoin.
In this case, we can see the chance of this may be about 50%.
However, what we can see right now is about the adoption of blockchain technology, but not specifically for Bitcoin itself.
Many governments may be interested to build their own technology-based blockcahin.
In this case, we can see the chance of this may be about 50%.
However, what we can see right now is about the adoption of blockchain technology, but not specifically for Bitcoin itself.
Many governments may be interested to build their own technology-based blockcahin.
I don't know where the OP got this news from. But up until now, there are several countries that are totally banning the usage of bitcoin. But on another note, some countries are open-minded with this new technology. Though only a decade old, it has gain the interest ranging from financial institutions to top companies. The adoption is increasing but let us admit a lot are still hesitant to touch this industry.
April 24, 2021, 06:36:02 PM
I am not sure about it, moreover many countries still do not legalize Bitcoin.
In this case, we can see the chance of this may be about 50%.
However, what we can see right now is about the adoption of blockchain technology, but not specifically for Bitcoin itself.
Many governments may be interested to build their own technology-based blockcahin.
In this case, we can see the chance of this may be about 50%.
However, what we can see right now is about the adoption of blockchain technology, but not specifically for Bitcoin itself.
Many governments may be interested to build their own technology-based blockcahin.
I don't know where the OP got this news from. But up until now, there are several countries that are totally banning the usage of bitcoin. But on another note, some countries are open-minded with this new technology. Though only a decade old, it has gain the interest ranging from financial institutions to top companies. The adoption is increasing but let us admit a lot are still hesitant to touch this industry.
April 24, 2021, 06:31:54 PM
While the massive adoption occurs, the regulations for the use of bitcoin and cryptocurrencies would logically come. We are in the middle of that event, those who adopt it earlier will make the process quick.
Imagine a bit that we are beta tests to use a product. I think so and I feel lucky because I have some experience as well as most of you of a bitcoin and crypto lifestyle.
Imagine a bit that we are beta tests to use a product. I think so and I feel lucky because I have some experience as well as most of you of a bitcoin and crypto lifestyle.
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