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Topic: One currency One world? - page 8. (Read 1339 times)

hero member
Activity: 686
Merit: 502
January 03, 2018, 11:44:50 PM
For many more years we will observe the diversity of currencies. Over time, some currencies will supplant others, and winners will get the maximum market share.
newbie
Activity: 19
Merit: 0
January 03, 2018, 11:09:34 PM
Probably this will not happen because bitcoin wasn't well known to other countries. Some countries treat it as good source of investment but other countries treat it as bad that it can destroy their government.
member
Activity: 798
Merit: 10
January 03, 2018, 11:03:29 PM
I think this is a good idea, if the world of one currency then the transaction system becomes more concise and easy so there is no dominance of a particular country.
member
Activity: 108
Merit: 10
January 03, 2018, 10:27:43 PM
That is not possible because Bitcoin has a limited pool that will eventually drain. We could speculate that if Bitcoin and altcoins will both contribute in the same way then maybe it would be a large enough flow that could cover the global economy, but there is also a possibility that it might fail to do so.
full member
Activity: 364
Merit: 130
January 03, 2018, 08:16:29 AM
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.
member
Activity: 525
Merit: 10
January 03, 2018, 08:02:48 AM
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?

That's not possible if bitcoin is the only money that can be used for transactions. Slow bitcoin transaction will affect the purchase of small items. The very limited number of bitcoins will not be enough to meet the demand of the whole world.
hero member
Activity: 966
Merit: 515
One of the world's leading Bitcoin-powered casinos
January 03, 2018, 07:55:49 AM
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?
This is not possible Wink but already going on this thing , You can see the history news about bitcoin where people were using at very wide level to use bitcoin for transaction of money .But to stop such things many government made many rules and taxation system to regualate it and few stopped it .
Bit now after long time many countries legalised it and made everything full of tax to pay for such things .So here your slogan one currency one world is right but due to regualtion people are using it less for worldwide ,but ofcourse people has much ease to use bitcoin for worldwide transaction .
newbie
Activity: 126
Merit: 0
January 03, 2018, 07:44:00 AM
Avoid own money used in each country,It is not possible to use Bitcoin instead.This will impact the economy of the countries.
full member
Activity: 462
Merit: 100
January 03, 2018, 07:07:19 AM
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?
As time goes by, people will become more modern and more knowledge and intelligent when it comes in new modern things. According to what I watch few months ago or last year 2017 bitcoin is only road to the more modern currency which is can be use by all people. It is chips that can be implanted in the pore head or in the hands which is the only payment that can be use intire the world. It will be called One World Government, One money one Government.
full member
Activity: 448
Merit: 100
Lets Go Adab
January 03, 2018, 07:00:48 AM
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 it cannot happen, There are credit cards and bitcoin is also a digital currency that's why we can use  btc as a mode of payment. Maybe in the future, There will be no fiat anymore because technology is growing so fast and if bitcoins is still existing then it will be the global currency nation wide.
member
Activity: 294
Merit: 17
January 03, 2018, 06:55:25 AM
I don't think it will ever happen. Each has country has its own currency that are used exclusively for its people. It will only be acknowledged as another mode of payment in terms of online transaction throughout the world.
full member
Activity: 714
Merit: 100
January 03, 2018, 06:20:10 AM
I don't think this would happen in the near future because even now there are altcoins that are competing bitcoin and are also decentralized. The more possible thing to happen is cryptocurrency replacing fiat currency.


altcoins have also their own usage and they also had their own blockchain but bitcoin is the most mainstream here when it come to cryptocurrency that is why bitcoin has the only chance to be used as a multi currency tool or universal currency that can be used online and ofline all over the world although it might take time to happen due to the fact that bitcoin is not yet accepted and legalize on some parts of the world and also bitcoin has still alot of issues and problems that needs to be fix and improve as soon as possible in order for it to called the best digital curency.
newbie
Activity: 56
Merit: 0
January 03, 2018, 06:17:12 AM
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 don't think so. Probably, in some distant future when all spheres of life and all countries of the world will break new ground of evolution. But currently not many people even know what bitcoin is.
newbie
Activity: 16
Merit: 0
January 03, 2018, 06:11:53 AM
I don't think this would happen in the near future because even now there are altcoins that are competing bitcoin and are also decentralized. The more possible thing to happen is cryptocurrency replacing fiat currency.
hero member
Activity: 672
Merit: 500
January 03, 2018, 04:59:27 AM
I think it's possible that bitcoin would become the only crypto currency. Why not? After all, he is very well thought out, and has really great influence in the world. Let's see after a while whether this will happen.
member
Activity: 195
Merit: 10
January 03, 2018, 03:05:34 AM
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?

one currency one world can be possible. but it will take time.in underdeveloped and developing country their systems are yet to be digitalized.
people needs to access internet.they need to learn it.in my country people can hardly use internet properly. only educated and job holder of the city use credit card.in the village they don't know  what is credit card.what it does.and  more than 95% of the people don't know what is bitcoin and cryptocurrency.
In most of the country bitcoin is illegal, we don't know whether they make it legal or not. if they do they then it has to be popular.
so the dream of one currency one word is far far away from today.
member
Activity: 112
Merit: 11
January 03, 2018, 02:39:41 AM
A currency does not exist in one world, because we live in the same world, although different countries and different governments, but I still think one world a currency does not really exist.
sr. member
Activity: 1015
Merit: 289
January 02, 2018, 06:19:03 PM
Absolutely not. The time of a single coin is over, now the crypto echosystem is too complex and diversified to go away. It will probably even grow further.
full member
Activity: 224
Merit: 100
January 02, 2018, 06:18:24 PM
Possible but very unlikely to happen, if there will be a catastrophic event that could threat the existence of human i think in that time survivors will keep a one government just for the order and i think that is the time a single currency for the whole planet will exist.
full member
Activity: 252
Merit: 105
Stake & Vote or Become a IoTeX Delegate!
January 02, 2018, 06:15:16 PM
This is unrealistic, there will never be one currency for the whole world. Having only one currency for the whole world will lead to many hazards. First, the application of exchange rates to the world would be unfair to countries because the currency represents the development of that country. It is possible that the future cryptocurrency will be the international currency, people will use it next to the offline currency at the present time to trade. It will become a popular form of online payment in the future, replacing all intermediate payment gateways at the present time.
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