For me it's uncertain or rather impossible. Do you think it could replace fiat? Lol and to think that it is a one world one currency thing 😂
Don't get too carried away just because of its growing adaption and others assumption on its future
Topic: One currency One world? - page 6. (Read 1339 times)
This is impossible. It is impossible for bitcoin get accepted everywhere let alone be the only currency in the world.
There will never be one currency for the whole world. This world will never be one, we're all individuals and we want to live in our own country, with our own currency. So, the world will always be divided in separate countries. If you look at Europe and the Euro, it's almost falling apart.
The only thing that could work is one cryptocurrency next to all the fiat currencies of each country. This could be Bitcoin or any other cryptocurrency that can handle all transactions.
The only thing that could work is one cryptocurrency next to all the fiat currencies of each country. This could be Bitcoin or any other cryptocurrency that can handle all transactions.
If this currency doesn't belong to just one country or only to a small group of people, I don't see any reason why it won't be used everywhere if it proves itself useful and efficient. We already use the same Internet and live in the same informational space. So why can't there be a universal currency?
This is what we should expect if there are no economic and informational barriers between people in the world.
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's possible for the countries who accept it. And as of now there are countries who ban it so this is not to be called as whole world.But not the only one to be use because of supply and the transaction speed may also come to be the issue.
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! People behind Bitcoin will find it hard to implement this one. Why? Because if this truly happens, there will be a lot of adjustments. Not all people, have the Internet. Not all people have a knowledge about Bitcoin. Not all people share the same interest about Bitcoin just like as we do. A world without a fiat currency will be messy.
BTC can be one of the currencies but can't be the only currency. Especially as it still has challenges of delayed transaction and lOw public acceptance. Fiat currencies will still exist.
That would be the perfect solution. The problem is that the amount of BTC will be insufficient for all people. We only have 21kk of them, and people in the world are 7.5kkk. It will not work.
there's only gonna be One Currency if the world has One Government, which the hegemon will use to definitely create One Economy. The world is so fractured now, like we're living in a dystopian novel story, so for now, it's impossible.
There will never be one currency for the whole world. This world will never be one, we're all individuals and we want to live in our own country, with our own currency. So, the world will always be divided in separate countries. If you look at Europe and the Euro, it's almost falling apart.
The only thing that could work is one cryptocurrency next to all the fiat currencies of each country. This could be Bitcoin or any other cryptocurrency that can handle all transactions.
The only thing that could work is one cryptocurrency next to all the fiat currencies of each country. This could be Bitcoin or any other cryptocurrency that can handle all transactions.
Do you guys believe that bitcoin will become the only one currency that can use as a mode of payment in the whole world? How does this become possible in the future?
impossible. remember that bitcoin is created not to replace all currencies, but to make transactions between people, between countries and other transactions easier and we no longer need banks, PayPal and the like, because all finances are in your hands. How can you rate the bitcoin price when the Dollar is gone. However, this is a technology that called cryptocurrency but it can't be a currency.
If transactions are easier, faster, and cheaper than bank wires, PayPals, Visas and their likes, Bitcoin's world domination will come about on its own as a pleasant and beneficial off-target side effect. But I don't think this will make the world any closer. Really, we had gold as a universal currency for a few millenia, but did it prevent wars and conflicts between nations? Not in the least if you ask me.
It actually caused them in so many cases.
That's a technical problem, and I don't think it's particularly different form what card providers do anyway. Instantly fast transactions with crypto are certainly possible, it is just a matter of living up to that. Right now you should use Bitcoin payment cards which are linked to your wallet for fiat conversions, but if the merchants start truly accepting crypto, fiat can be removed from the equation entirely with crypto used instead.
I don't think so.
Yes, we need one major coin, like Bitcoin at the moment. In the near future we will use a lot of different coins for different goals.
But we don't need so much coins - we need just 20-50 coins in total, I believe.
Yes, we need one major coin, like Bitcoin at the moment. In the near future we will use a lot of different coins for different goals.
But we don't need so much coins - we need just 20-50 coins in total, I believe.
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?
When we have a one currency means we are living in a one world government. And if we are in a one world government our leader will be one also to rule all over the world. That would be nice for then because we use one only for good. Until they will monitor all over the world.
Do you guys believe that bitcoin will become the only one currency that can use as a mode of payment in the whole world? How does this become possible in the future?
impossible. remember that bitcoin is created not to replace all currencies, but to make transactions between people, between countries and other transactions easier and we no longer need banks, PayPal and the like, because all finances are in your hands. How can you rate the bitcoin price when the Dollar is gone. However, this is a technology that called cryptocurrency but it can't be a currency.
If transactions are easier, faster, and cheaper than bank wires, PayPals, Visas and their likes, Bitcoin's world domination will come about on its own as a pleasant and beneficial off-target side effect. But I don't think this will make the world any closer. Really, we had gold as a universal currency for a few millenia, but did it prevent wars and conflicts between nations? Not in the least if you ask me.
It actually caused them in so many cases.
hope is still very far away, still need lots of updates from bitcoin itself
but if only in use as a means of payment for certain goods may still be, but if must replace the current world currencies
it will be very difficult
but if only in use as a means of payment for certain goods may still be, but if must replace the current world currencies
it will be very difficult
Ittcoin becoming a "global currency .
Do you guys believe that bitcoin will become the only one currency that can use as a mode of payment in the whole world? How does this become possible in the future?
impossible. remember that bitcoin is created not to replace all currencies, but to make transactions between people, between countries and other transactions easier and we no longer need banks, PayPal and the like, because all finances are in your hands. How can you rate the bitcoin price when the Dollar is gone. However, this is a technology that called cryptocurrency but it can't be a currency.
If transactions are easier, faster, and cheaper than bank wires, PayPals, Visas and their likes, Bitcoin's world domination will come about on its own as a pleasant and beneficial off-target side effect. But I don't think this will make the world any closer. Really, we had gold as a universal currency for a few millenia, but did it prevent wars and conflicts between nations? Not in the least if you ask me.
It actually caused them in so many cases.
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?
Yeah it is true that one currency, one world but this is a dream that impossible to happen. Because most of the people are greedy, they want to surpass anyone, we don't care to everyone all they want is to become rich, famous and powerful. Moreover if they want to become one all they need to do is eliminate the thinking like a crab.
We are all hoping that the future will bring us something new that will change the course the things are evolving. There are many currencies in the world and with the coming of even more decentralized currencies, people are not sure what currency will prevail in the future. Right now the world is very well organized and even with the mass of the currencies that are out there, there are the currencies that we can call the main payment systems because they have proven their value. The Bitcoin has brought the new way of the payments that aren't favorable by all people but I believe that in the far future situation with one currency can happen. There will be the online system for sure and Bitcoin can come to the point when it will prevail over everything else.
Its possible and a new report from Goldman Sachs says Bitcoin could be the global currency.
Do you guys believe that bitcoin will become the only one currency that can use as a mode of payment in the whole world? How does this become possible in the future?
impossible. remember that bitcoin is created not to replace all currencies, but to make transactions between people, between countries and other transactions easier and we no longer need banks, PayPal and the like, because all finances are in your hands. How can you rate the bitcoin price when the Dollar is gone. However, this is a technology that called cryptocurrency but it can't be a currency.
If transactions are easier, faster, and cheaper than bank wires, PayPals, Visas and their likes, Bitcoin's world domination will come about on its own as a pleasant and beneficial off-target side effect. But I don't think this will make the world any closer. Really, we had gold as a universal currency for a few millenia, but did it prevent wars and conflicts between nations? Not in the least if you ask me.
It actually caused them in so many cases.
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