Topic: is it possible? - page 4. (Read 5945 times)
in my perspective, there is somewhat shot of a probability that bitcoin could be the world cash because of various nations laws and direction with respect to the digital currency. In case I'm not mixed up, seven nations restrict our famous bitcoin. Be that as it may, even lifted; the legislature is as yet reluctant to advance or bolster the utilization of bitcoin which will at last piece its approach to be the world cash. Be that as it may, given the way that in old circumstances individuals utilize gold as cash and as should be obvious today individuals utilize fiat cash that makes us unquestionably to feel that bitcoin could do likewise
Bitcoin is too slow for that - it is a great storage of wealth but that is about it.
Can bitcoin be the world's currency?
Bitcoin is digital currency use for investment but it convert to cash in all type of currency in different countries. Bitcoin is use in many countries now it is very popular. But cannot be a world currency.
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 
This is entirely possible, but it will only remain that states began to control this and that it would become legal. It takes a long time to do this 
It seems unlikely because bitcoin is a virtual currency. Bitcoin is in use by people in many nations but bitcoin will not be the world's currency. Bitcoin will only be as valuable as gold, its value is so high and it is a very good investment.
It would be a worldwide currency yes.but wont took over the physical money.because cash will always matter even in our cyber years.electricity will always the big problem and the internet for virtual payment not like in cash or physical money is always available anytime all the time
I think it is alreasy worldwide currency but the currency that is used for investments) Local currencies are used in every country. And currently not all people have internet or BTC wallets so BTC can not be used for payment purposes at global level.
Bitcoin is already world wide but not all people worldwide are able to use it or know about it. I have been able to send money to a lot of countries with bitcoin when i am looking for services online and so i think unless there isn't no internet bitcoin is everywhere there is internet.
It would be a worldwide currency yes.but wont took over the physical money.because cash will always matter even in our cyber years.electricity will always the big problem and the internet for virtual payment not like in cash or physical money is always available anytime all the time
I think it is alreasy worldwide currency but the currency that is used for investments) Local currencies are used in every country. And currently not all people have internet or BTC wallets so BTC can not be used for payment purposes at global level.
Can bitcoin be the world's currency?
The number of Bitcoin users are increasing day by day and it has the potential to be the global currency in future.
It would be a worldwide currency yes.but wont took over the physical money.because cash will always matter even in our cyber years.electricity will always the big problem and the internet for virtual payment not like in cash or physical money is always available anytime all the time
It's already a world currency in a way
Not until you can use it as a payment in your local shops.
I believe it's rather like a gold. It has value and limited supply? but noone use it as a payment.
Because the bitcoin isn't supervised by world countries, for now, it can't be a world currency.
If the countries start to supervise it and stop illegal doings, then it might be.
If the countries start to supervise it and stop illegal doings, then it might be.
Can bitcoin be the world's currency?
It's already a world currency in a way
Can bitcoin be the world's currency?
I think bitcoin can become the world's currency? It is mainly dependent on governments of countries around the world and large companies like microsoft, etc .. that is probably the decisive factor.
If we are talking technically then Bitcoin is already a world's currency. Anyone from any corner of the world can send and receive Bitcoin using his wallet if he is having basic necessities such as an internet-enabled smartphone/pc. There are no legal issues yet in most of the countries. However, practically it will take more time (probably 5 to 10 years) for Bitcoin to be a mainstream thing and surpass the volume of other payment processors. It is still in the development phase and hitting new records every day so I don't think that it will take more than a decade to conquer the international fund transfer industry.
Can bitcoin be the world's currency?
Personally , Bitcoin can become the world's currency, the problem is just time Can bitcoin be the world's currency?
No i don't thing it can become/possible to be the world's only currency. First of all not everyone aware about the bitcoin especially crypto currencies. Second if you open the list you'll find some countries who is not accepting the bitcoin most of them banned the use of btc like china and south Korea. Third there's not control and its untraceable and in last bitcoin is involve with illegal and criminal activities so its hard to become world's currency. Even though there are lot of benefit of bitcoins but the factors mentioned above are real hurdles for bitcoin.
It will work together with real money, if bitcoin work beside real money it will makes our day is beautiful because there are many offline stores that accept bitcoin, we don't afraid if we don't bring our wallet
My answer is no. It is hard to Bitcoin becomes world's currency. There are many old people who can't use the Internet don't like Bitcoin.
Can bitcoin be the world's currency?
No its not, Fiat cannot be changed by a digital currency because not everyone has the capability to earn bitcoins like low class level families. It will be a huge chaos when they change the world's currency to digital because not everyone will really agree in this kind of system.
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