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Topic: One World One Currency. Is It Possible Through Bit Coin? (Read 375 times)

Ucy
sr. member
Activity: 2674
Merit: 403
Compare rates on different exchanges & swap.
Probably with another kind of currency that isn't decentralized as crypto should be or the code of Bitcoin is changed. One world currency may come but I doubt Bitcoin will be in the favourite list of implementers tool
hero member
Activity: 835
Merit: 502
To my mind it is impossible, because in the beginning of bit coin it also was a single coin, and whst we have now - thouthands of coins. Competition is an engine of  progress.
full member
Activity: 269
Merit: 100
No its not possible unless bitcoin becomes stable so people would start trusting cryptocurrency and actually start using them. Also I think that the transaction time needs to be highly reduced for bitcoin to be international currency. Once this issues are solved then maybe bitcoin might be global currency one day.
legendary
Activity: 1232
Merit: 1029
It may be possible, but is it desirable?   Different areas have different economies at different times and that may be best served with local currencies.
I think it’s possible because in near future every country is to bound to legalized the bit coin and when it’s become a legal currency in the countries of the world so then there will be no need of local currency when someone is going abroad from his her home country , simply he she will have bit coin in his her wallet and whenever he she wants to make transaction like doing shopping, eating in restaurants etc. so he she will just use his her bit coin easily and will have no worry of ending the balance because by ending the balance he she can easily take loan from his her friend from any core of the world.
newbie
Activity: 1
Merit: 0
It may be possible, but is it desirable?   Different areas have different economies at different times and that may be best served with local currencies.
full member
Activity: 490
Merit: 106
Yes this is possible but bitcoin must be legalize in all terms on all countries first.
Also another thing to consider is not all people from developing countries can afford to use bitcoin because not all people have access through internet.
And lastly bitcoin value must be stable.
I will say this is too early to discuss this
full member
Activity: 238
Merit: 100
This might be a new theorem and i strongly believe it is possible in the future but that has never been the aim of bitcoin moreover if it was there are many altcoins in the system now and it defeats that purpose
newbie
Activity: 2
Merit: 0
Bitcoin not one currency. It's have many coin now lol  Grin
newbie
Activity: 29
Merit: 0
Is It Possible ( One world One Currency)
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