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Topic: is it possible? - page 3. (Read 5945 times)

full member
Activity: 201
Merit: 100
Decentralized Ascending Auctions on Blockchain
December 23, 2017, 02:15:49 AM
Although bitcoin is the first coin of the world, it is hard to become the world currency. Becauce you can see, it has many disadvantages about block size, transaction speed.,...unless the devs can solve that problems
hero member
Activity: 574
Merit: 503
December 23, 2017, 02:06:18 AM
No, it will not, never will. Bitcoin may be growing, but bitcoin will also remain like this, being the virtual currency that it is today. World currencies, meaning all countries use bitcoin as their currency is not it? So the answer is no. If bitcoin is accepted worldwide, it is still possible, but if the whole world uses bitcoin as a currency then never.
member
Activity: 329
Merit: 10
December 23, 2017, 02:03:25 AM
Can bitcoin be the world's currency?

this could happen if the bitcoin is stable and the total supply of bitcoin in multiply, because if the total bitcoin is limited then the price will be more expensive because many want to have bitcoin. setau my total bitcoin supply only 21,000,000 bitcoin.
jr. member
Activity: 140
Merit: 2
December 23, 2017, 02:00:36 AM
It could be possible but not in our generation.
If one nation pushes to become a world currency at this generation it will causes chaos.
Other factor that it will not happened in near future because not all people (Majority) have an access in the digital world.
newbie
Activity: 294
Merit: 0
December 23, 2017, 01:52:52 AM

I think its not because bitcoin is digital currency and bank central for unqualified they no come clean that or manage a world of digital it can happen that bitcoin is the world digital currency but in the world of fiat is not happen.
member
Activity: 119
Merit: 100
December 09, 2017, 09:07:39 AM
Well i don't think btc could be the world currency although its used everywhere and popular but it's unstable value would be a great problem also the huge countries like USA and the european countries won't allow it cuz it will affect badly their economics and their influance on other countries also the high value of btc against the low value of their currency could even  lead  to a war against btc in case it concures the whole world
full member
Activity: 337
Merit: 195
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December 09, 2017, 09:00:43 AM
I think it's not possible for bitcoin to be a world's currency or even a nation's currency. Each country around the world has their own currency and some of it symbolizes a nation's democracy. For a virtual currency to subsitute a currency that is part of a country's background and culture, that's not gonna happen.
newbie
Activity: 23
Merit: 0
December 09, 2017, 08:46:56 AM
I believe bitcoin already is world currency ,later will be more popular
sr. member
Activity: 616
Merit: 251
December 09, 2017, 08:01:23 AM
Can bitcoin be the world's currency?

Although there are some site or establishment that accept bitcoin as mode of payment I think it cannot be a world's currency because we can't use bitcoin offline and also it is just an intangible currency.

Also we can't tell whether bitcoin will last forever.
member
Activity: 121
Merit: 11
December 09, 2017, 07:58:10 AM
Can bitcoin be the world's currency?

It may happen.. I guess, If all country will unite and have the same idea to make Bitcoin the only currency in the whole world. If they will make it happen for sure they will make bitcoin decentralized so they can manipulate the currency's value and know all the transaction that we make. But I think there will be a lot of Bitcoin holder's that will get angry on the idea that Bitcoin will be decentralized and their transaction will be seen by other person.
hero member
Activity: 812
Merit: 1000
December 09, 2017, 07:29:30 AM
at the moment it is impossible in my opinion...it is necessary to implement some improvements...at least to make it so that the transaction lasted less...but there are no options to solve it
full member
Activity: 574
Merit: 102
December 09, 2017, 01:43:22 AM
Can bitcoin be the world's currency?
I doubt that this is possible. It is unlikely that the country will want to remove the national currency, it is necessary for the country's economy.
full member
Activity: 1176
Merit: 100
The OGz Club
December 09, 2017, 01:41:31 AM
May be one day bitcoin is the word currency. Because of technical currency bitcoin is too much easy to carry and it is also to payment. So i think one day people use it too much. Then bitcoin make the world currency.
full member
Activity: 532
Merit: 170
December 09, 2017, 01:28:01 AM
Can bitcoin be the world's currency?


I dont think so. because after all everyone needs fiat currency.
whatever the reason we will still need a real means of payment. but if to become a global payment instrument on the internet I agree and will definitely happen in the future.
hero member
Activity: 2590
Merit: 644
December 09, 2017, 01:16:38 AM
Do not be too naive, bitcoin is still in its infancy. And defeating the world's money is very difficult, they are supported by their respective countries while bitcoin is not. But the opportunity will arrive in about 10 years.
The countries will not accept bitcoin because bitcoin is not that centralized or can be controlled by their will so it will be hard or difficult for bitcoin to get accepted and only countries that are risk takers will accept bitcoin as a currency. Bitcoin is maybe one of the best option to have right now but it is very impossible for the countries to just accept it without doing a lot of investigation.
member
Activity: 245
Merit: 10
https://keepcalm.finance/
December 09, 2017, 12:58:31 AM
Do not be too naive, bitcoin is still in its infancy. And defeating the world's money is very difficult, they are supported by their respective countries while bitcoin is not. But the opportunity will arrive in about 10 years.
sr. member
Activity: 364
Merit: 267
December 09, 2017, 12:36:57 AM
currently bitcoin users continue to grow and bitcoin prices continue to rise, but that does not mean bitcoin can be a world currency, for me that possibility exists but still requires a long process in making it happen Smiley
It is true that the price of bitcoin continue to rise we can see how much it has grown from the past couple of months, we can see from the starting of this year until now that it has a big difference when it comes to bitcoin's price. I think it is already a world's currency but lets say it is the world's cryptocurrency, because that is how it is being defined by people around the world.
member
Activity: 224
Merit: 21
December 08, 2017, 09:51:36 PM
I do not think so. The bitcoin blockchain technology is too backward and can not meet the needs of the world. Only 8M per block. While the cost per transaction can be up to $ 30
full member
Activity: 532
Merit: 100
December 08, 2017, 09:49:23 PM
It is imposible to use bitcoin as a world currency. Because not all people can use bitcoin. And bitcoin is so high as of this days. Its hard for people to use bitcoin in their daily lives.
member
Activity: 73
Merit: 10
December 08, 2017, 08:10:35 PM
I think we can not tell if the bitcoin will be the world's currency, but there is a possibility that it will happen. Because if you look at it the value of bitcoin was high, and that value will increase in the next few years. And when it happens bitcoin can be the world's currency, and I hope that would happen in the future.
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