I can not answer with certainty, because it is very difficult. look! today there are still many countries who hate bitcoin, so do not want to see the benefits and goodness of BTC. and this is a big challenge.
its just my feeling, I rather see that it might happen in the future.
Topic: One currency One world? - page 16. (Read 1339 times)
One currency usage around the globe will make the administrative functions much easier, as well a uniformity. The same will not be agreed by governments, because economic growth happens in a diversified manner. Now as different countries have got traditional currency with varied value system the economic growth gets varied.
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While i believe in bitcoins as a potential currency of the future. The only real issue is that i doubt it will become a world coin as you mentioned. The reason it will never become a world coin is due to the fact that no countries have the same goals for their currencies. Also people like to use currencies as a way of power so lets day the united states would not want to have same currency value as lets say India.
It's already happen now little by little because the authorization and acknowledgement in crypto are spread in different country so i say in the future we can called "bitcoin" is a international digital money or other altcoin.I think in no time it can happen because the price is continue to grow even little by little.Moreover we experience the future already in crypto and what it can brings to us.
Global currency concept for popular with bitcoin. Bitcoin is the most affordable mode of transfer fund internationally with very less transaction fees
With abominable transaction fees and longest time wait per transaction, exactly!
Do you guys billieve that bitcoin will become the only one currency that can use as a mode of payment in the whole world? How is this become posible in the future?
I've been always saying that the World needs one currency!
NWO FTW!!!
Global currency concept for popular with bitcoin. Bitcoin is the most affordable mode of transfer fund internationally with very less transaction fees
There are many different poeple in the world with different beliefs so it would be impossible that everyone would adopt the same currency. Currently USD is the most near thing that we can find as a dominant currency due to the protagonic role of USA in the world economy. However coz the huge problems that is experimenting BTC with the fees, I see pretty difficult that in the future it will be the currency of the Earth.
The currency of a country is as individualistic and unique a symbol of its economy as its national flag, which marks its independence and sovereignty. On account of the fact that different countries have their own geopolitical, religious and demographic background.
Bitcoin is already a currency acceptable around the world but for it to become the only currency we have globally I think that's quite impossible to happen because of the fact that bitcoin supply is limited I don't think it can sustain the growinh demand, another thing is that not every one can be able to access bitcoin especially those who belongs to the lower class of the economy and digital currencies will be difficult for them to understand
One: I don't believe it will ever happen. Two: This is not possible even in future far from today. Look, we still value our bitcoins by comparing it with other currencies. This would not change for a long time. Say it had changed in everyone's thoughts, even so it's still impossible. If something like this happen then the government will have no control over the economy. It will be a catastrophe.
I can not say for sure, but most likely some kind of crypto currency will become universal and will compete on a par with the dollar. It is not excluded that this will be bitcoin, but for some reason it seems to me that this will be another crypto currency, which one, I can not yet say. Bitcoin is too unstable, like any crypto currency, so the dollar will be replaced by a currency that will have a stable exchange rate.
Do you guys billieve that bitcoin will become the only one currency that can use as a mode of payment in the whole world? How is this become posible in the future?
No I do not think because bitcoin would never be able to handle all the people world. Look how it is because of the interest in the last month or so.
The currency that I believe will dominate in the future will be the ADA coin from the Cardano project.
Their project covers all the main issues that currently reside with Bitcoin and 2nd Generation currencies such as Ethereum.
Watch their video, the Cardano White Board overview with Charles Hoskinson and you will see clearly what I mean.
https://www.youtube.com/watch?time_continue=1&v=Ja9D0kpksxw
Cardano are planning to bridge their cryptocurrency with legacy fiat currency systems.
It is not possible in future. Every country have his own policy. And it is a online base currency. Now many country have banned bitcoin and like others crypto currency.
Do you guys billieve that bitcoin will become the only one currency that can use as a mode of payment in the whole world? How is this become posible in the future?
No I do not think because bitcoin would never be able to handle all the people world. Look how it is because of the interest in the last month or so.
The currency that I believe will dominate in the future will be the ADA coin from the Cardano project.
Their project covers all the main issues that currently reside with Bitcoin and 2nd Generation currencies such as Ethereum.
Watch their video, the Cardano White Board overview with Charles Hoskinson and you will see clearly what I mean.
https://www.youtube.com/watch?time_continue=1&v=Ja9D0kpksxw
Do you guys billieve that bitcoin will become the only one currency that can use as a mode of payment in the whole world? How is this become posible in the future?
No I do not think because bitcoin would never be able to handle all the people world. Look how it is because of the interest in the last month or so.
The currency that I believe will dominate in the future will be the ADA coin from the Cardano project.
Their project covers all the main issues that currently reside with Bitcoin and 2nd Generation currencies such as Ethereum.
Watch their video, the Cardano White Board overview with Charles Hoskinson and you will see clearly what I mean.
https://www.youtube.com/watch?time_continue=1&v=Ja9D0kpksxw
Do you guys billieve that bitcoin will become the only one currency that can use as a mode of payment in the whole world? How is this become posible in the future?
Do you believe all humans of the world regardless of religion, race, creed or color can live in perfect harmony with one government that represents the interests of all people equally? This would be a world where no one broke any laws. There would be no need for anyone to hide money from the government. That means there would be no illegal drug use, no terrorism, no political corruption, no pandering of any kind (hidden prostitution, child sexual abuse, etc.), equality of wealth (including access to health care, medications, food, water, etc.).
That would have to happen first. I think maybe Donald Trump (leader of the free world) would have to leave office first. Oh, and all of his mental defective supporters would have to die off. I’m thinking that may take a couple of more years. LOL
Do you guys billieve that bitcoin will become the only one currency that can use as a mode of payment in the whole world? How is this become posible in the future?
In my own view, cryptocurrency lead by Bitcoin and Ethereum is poised to be more popular as years go by but I don't believe that we can achieve a world currency system because of this. There are so many factors and variables involved and I also believe that the idea of 'one world one currency' will not be that beneficial actually to humanity. Just look at the fragile situation right now in Europe years after they adopted the Euro...it is not working well because not all economies are on the same level; each economy has its own strength and weaknesses and these things are reflected in the national currency you take that away and something will not be working at the end. Now, let's look at cryptocurrency. Bitcoin right now has myriad of problems all because just like any man-made innovation it can never be perfect as long as it is still manned by human beings with our human nature. I mean the technology and the capacity for innovations are there but politicking is taking the initiatives away. Decentralization has its own limits and when human nature sets in there would always be humps and bumps along the way.
Do you guys billieve that bitcoin will become the only one currency that can use as a mode of payment in the whole world? How is this become posible in the future?
Now it is difficult to say whether bitcoin will be a worldwide active means of payment. There are prerequisites for this, but there are enough obstacles. And only time will tell how it will actually be. Do you guys billieve that bitcoin will become the only one currency that can use as a mode of payment in the whole world? How is this become posible in the future?
If US had introduced bitcoin instead of satoshi nakamoto then there was a chance. But now there is no chance that bitcoin will be the only single digital currency in the world. There are many altcoins popping up and also with added features. Bitcoin has gone way far for people that it is not even possible to earn some bitcoins anymore.
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