One Cryptocurrency For Using All Over The World

poodle63

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Quote from: abojamal on October 03, 2018, 05:36:15 PM

I think this is too early
We are still in the era of bitcoin and will remain as it is for years
Bitcoin will improve performance.

It has officially stated from the bankers that if the bitcoin doesn't enough scalable to become the payment system. as far as i know that the bitcoin still needs a lot of improvement on its protocol and it may takes a few years away from this time. remember it needs to go through the community's vote to determine which is the next BIP for bitcoin

Fenderr

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The only cryptocurrency that fits into the description is BITCOIN as it's the most popular and coin in the space. Issues bothering on the fees paid for transaction and speed of transactions will soon be taken care of by the lightning network which is targeted at reducing the fees to the barest minimum and make transactions faster.

abojamal

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I think this is too early
We are still in the era of bitcoin and will remain as it is for years
Bitcoin will improve performance.

Gabb

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It is impossible to think that the entire global economy could depend on a single cryptocurrency because that would make the global financial system highly vulnerable by being so depenfent on a single currency.

I think that in the future there will continue to be a wide range of cryptocurrencies to satisfy different needs, although I think that as it happens now, the vast majority of the market will be dominated by a few cryptos, and there will be a host of specialized tokens designed to satisfy niches or specific needs.

karashika0577

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Many transactions in the world, people have started through big purchasing cryptocurrency. There is still a long way to fix BTC. This is not so difficult, only all countries have to agree on this idea. Yes, I agree with them and believe that future will rule in the future and there will be only one currency. Bitcoin is the first cryptocurrency and its value is higher than other cryptocurrency in future, this digital currency will be governed, and at present it is doing so well that many big investors are investing on it.

EmmanCryp

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It's true that bitcoin is not well circulated and easily manipulated by some group of big people or institutional investors. I don't know how this can change though and adequate circulation can be obtained. Some people hold hundreds of thousands of bitcoin and can control the market to their favour at the detriment of others. Well it will be hard for any coins asides bitcoin to be the one cryptos for the world.

JunMel

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Quote from: Batzko on May 09, 2018, 03:51:17 AM

Quote from: easytipz on May 09, 2018, 03:44:01 AM

Bitcoin is slow enough, high fee enough, energy-wasting enough ... to should be replaced by a better one.

I disagree. With Lightning network btc will be fast and fees are going to be very low.

We don't need better cryptocurrency.

For now yes bitcoin is the one that control digital market. In the future I hope bitcoin adjust the fees charge into very affordable price more lower,faster and easier transaction. Although altcoin such like ethereum is also a good coin so better not only one coin for us to have choices and prevent monopolizing market trend.

avonka

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I think that a new coin will be born in the future and beat all the existing ones combining the strengths
of the existing top coins and become an universal coin widely used. The coins will evolve in the future
as we are still in early days of crypto.

coinlocket$

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If ever a crypto coin will be used in the future as a real currency it will be the Bitcoin, or an altcoin born from a fork of the bitcoin.
In my opinion it is also easy to understand since if there are also many coins on the market many of them will die in the short term and looking at the average person of 40 years old we can presumably assume that he heard of the bitcoin and not other altcoins, so if one day he will decide to enter the market will be with the Bitcoin and not with an "x" altcoin.

GymClassHeroes

jr. member

Activity: 92

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With all the qualities listed to be efficient as a global currency, bitcoin suits it best, most decentralized, scarce , secure etc.The issue of spreed of transaction is something that can be improved over time, lightening network will do well to handle several thousands of transactions at a time.

maldini

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yes I do not agree with your opinion, as we know that all cryptocurrency will not exist if satoshi does not find bitcoin, the world is now familiar with bitcoin, then what if bitcoin is replaced, of course this will affect the price of all crypto currency

faizzeybutt786

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I think bitcoin and Ethereum is the best cryptocurrency for using All over the world. maybe others one,s like eos xrp neo iota also good for using

aoihs00

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The idea of having one crypto currency is very old now. I mean it's been decade since when bitcoin was first used and after few years people started talking about the use of single crypto and that too bitcoin itself. However there exists lot of problems with the crypto and that ranges from volatility of the crypto to unwanted use of crypto. The first one , everyone is aware about it and the second one the unwanted use? Well due to its decentralization most of the criminal are active about it and goverment is fearsome that if they start using a single currency in the world then it could be destructive one as the use of it will rise hevaily in bad way. May be that's why there will always be limit on its use. Thats my opinion about it.

metribitcoin

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For now many country regulated crypto and allow people to use crypto to buy good and service. All people has each their own favorites coins, i think all top 100 ranking coin should be fine to use all over the world. Bitcoin and Ethereum will solve issue of slow and high fee transaction later, at the moment there are many altcoin has very cheap and fast transaction like NANO, WAVES, ARK.

cherepashkis

newbie

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I believe that such a coin can be bitcoin or Ethereum. other coins are not so good.

jvper

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Quote from: easytipz on May 09, 2018, 03:44:01 AM

Hello,
Many people believe that in the future, there will be a cryptocurrency that accepted and used all over the world - but it is not bitcoin.
What do you think?
What features the coin should have to be accepted globe?

Yes! It is not bitcoin, of course. Bitcoin is slow enough, high fee enough, energy-wasting enough ... to should be replaced by a better one.

In my opinion, I really want to have a cryptocurrency that:
- Truly Decentralized - it is not controlled by anyone, any organization (bitcoin now may be controlled by Bitman, if they stop all their machines. Bitcoin's blockchain may be dead)
- Powerful enough: It should be able to handle about 100.000 - 1.000.000 TPS, even more
- And of course it should not be a POW coin such as Bitcoin, Dash, Zcash, Digibyte... or Syscoin. Cheesy

- Any many other technical features (such as: secure, private, easy to use....)
...

It is just my draft idea.
What is your opinion?

In my opinion the world cryptocurrency should be fully scalable, green, decentralized and secure. By green I mean POW should not be the consensus mechanism.

krystaltoken

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In my own opinion i don't wish for such a coin as monopoly and much dependability will rear its ugly head.

krassy

member

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The idea of a one cryptocurrency in our world is very exciting and excites the consciousness of how many prospects and opportunities immediately open. But you can remember the "letter from the future" where bitcoin has become the most important currency, as well as all its advantages, it is definitely the main one now and will remain so for a long time.

Bitkoplak

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I disagree with you, to encourage the use of digital currencies that can be accepted by the public, all are still focused on bitcoin, because bitcoin is still a benchmark for various types of coin and tokens.

slaman29

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Quote from: ?? on ??

That's too offensive on bitcoin. No offense but you sounded like girl screaming for help. Its like you only do the reading but not the whole context. If there's a coin with such features then it should be on the top. Don't you get it, bitcoin is the number 1 criteria for this coin that you're looking for. Although it has flaws still it has features that many community like. What's the problem with using PoW? I know it could be energy wasted mechanism but still it is efficient to sustain the processes of transaction on the blocks. Maybe this is the only problem I've dealing with them but everything's work perfectly fine.

If that's all your safety analysis on bitcoin then you need to go back again and understand it. Cause you're just looking on the small tree but not the whole forest. There's a perfect reason why Bitcoin still number 1. Hope you can grasp more and study well about it. Don't just click a few buttons to push a negativity out of something probably you just read not understand.

Exactly. People need to realize they're all barking up the wrong tree talking about things like zero transaction fees or low fees and millions of transactions per second. Bitcoin may not have that now, but they fail to see that Bitcoin saw all this coming, and is slowly but surely developing and moving towards that direction.

Scaling is always what is happening with Bitcoin, it meets the needs mentioned in the title: globally accepted money. Fees are always low relatively and it is slowly upgrading capacity to handle more.

What is the point of 1 billion TPS if nobody accepts it globally?

Topic: One Cryptocurrency For Using All Over The World (Read 376 times)