Topic: One currency One world? - page 17. (Read 1339 times)
Bitcoin is unlikely to ever be the only global currency that will be used worldwide as a means of payment. First, with such volatility, no state wants to completely switch to the use of bitcoins. Secondly, in order to have a common currency, even a digital one, states must conclude a certain agreement, and for this, there should not be political, economic or other conflicts between them. As we can see throughout the history of our entire civilization, this has never happened.
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?
It is impossible to whole world. Different set of peoples are available in the world in every people to use Bitcoin is not possible. But Bitcoin will grow up not completely. In our world few of the peoples are only used in cryptocurrency. Because cryptocurrency has many drawbacks in the world. It is not a physical money this is main drawback. when it will create a physical currency that time we should consider this currency is a only one. 
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?
Bitcoin cannot even pass as a mode of payment because of high transaction fee and long confirmation time. Maybe someday this will be solved but then, to become the "only currency" in the whole world? That is far-fetched. Do you think the great countries like USA, China, and others will allow that their fiat phased out? No way.
Utterly impossible. First of all, the world is composed of too many countries with different government, culture, tradition, currency and economic status. In order for the world to become one and to agree in only one kind of currency, they have to have a united agreement to change these differences. However, looking at the economic status of every countries, it is impossible. Just try imagining how the Third World countries will tie up with the First world countries in terms of its economy, in order to adopt whatever currency will be decided upon.
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?
You mean Bitcoin -- or any other cryptocurrency for that matter -- replacing all the fiat currencies in the world?
Not going to happen. At least not within our lifetimes.
Currencies are much more than just a means of payment or value transactions. They are a reflection of the local economies and the sovereign states that issue them. Bitcoin may very well become a globally accepted means of payments like credit cards, existing side by side with fiat currencies, but I doubt that it'll displace fiat currencies any time soon.
I honestly doubt that even the concept of one global currency, that is shared by all, is possible any time soon. There's too many cultural differences and too much conflict of interest to achieve something even close to a one world 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?
i think it isbecause bitcoin is have a potential to grow in entire world so i think it is possible to become a currency to the world that's the impact of bitcoin in the future. for being a high quality exchange coin it is become a number one currnce in the future. 
Not possible, maybe bitcoin could be one global currency but it would never be used to pay goods or something that we need everyday, not with the actual fees that we are paying at the moment.
I believe this is the plan.
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?
A big Noooo...Making micro transactions is very expensive right now and only suitable for larger transactions and we can't wait for hours to get confirmation when paying in coffee shop with bitcoin. So definitely bitcoin will not be the only one crypto which will be used as mode of payment in the whole world. It is more like store of wealth like gold right now while other alts with faster confirmation and less fee might be used as suitable payment method for micro transactions.
However if there will be lightening network in bitcoin, than yes bitcoin can capture majority of payment processor market.
I don't believe in it. Bitcoin won't be a worldwide currency due to several reasons:
1) It costs hell a lot, so newbies will hardly invest in it;
2) It's still not accepted everywhere:
3) It has some disadvantages comparing to altcoins (like missing altcoin support, etc.) that slow down the development of infrastructure.
1) It costs hell a lot, so newbies will hardly invest in it;
2) It's still not accepted everywhere:
3) It has some disadvantages comparing to altcoins (like missing altcoin support, etc.) that slow down the development of infrastructure.
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?
Some think it might be the centrized ripple or xrp.
I dont think that ripple or xrp will be like that in the future but no one realy know about it. Bitcoin more popular than any other altcoin in the market there so many company that already started to accept bitcoin so i dont think if ripple of xrp can do like bitcoin do.
all that is not necessarily if in my opinion, bitcoin is quite difficult if to become the world currency, because each country has its own currency and have their own opinions. so to apply it is easy and difficult to take a long time as well.
according to the variety of crypto currency on the web it will not be the only one, but crypto currency will make paper mony go away
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?
Some think it might be the centrized ripple or xrp.
I dont think that ripple or xrp will be like that in the future but no one realy know about it. Bitcoin more popular than any other altcoin in the market there so many company that already started to accept bitcoin so i dont think if ripple of xrp can do like bitcoin do.
It's definitely possible for a certain cryptocurrency to attain this level of adoption. Is it guaranteed though? Definitely not. Who knows? The sort of "global currency" probably wouldn't even be decentralized, probably something like PayPal. Also, who knows? If it we're to be a decentralized cryptocurrency, it might not even be bitcoin. It's just pretty early to say for sure.
Well one currency in a one world is really didnt exist or not done through rather,I think this things is really hard to happen because we are really living in a differrent country with a differrent rule and in a different ways of law .We are living in a one world with a different country and with a different government tahtvis why i really didnt believe that one world one currency didnt really exist . 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?
Some think it might be the centrized ripple or xrp.
It's definitely possible for a certain cryptocurrency to attain this level of adoption. Is it guaranteed though? Definitely not. Who knows? The sort of "global currency" probably wouldn't even be decentralized, probably something like PayPal. Also, who knows? If it we're to be a decentralized cryptocurrency, it might not even be bitcoin. It's just pretty early to say for sure.
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?
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