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Topic: What will be our new world currency? - page 10. (Read 18025 times)

hero member
Activity: 868
Merit: 500
December 08, 2016, 12:13:14 PM
First thing the world will not be new it'll be same like as it is now but the things which will change that population and pollution these things will increase day by day that will result in a big big big big ....... T-sunami and than no one shall alive to use these Bitcoins or US dollar.

This is something new from above comments. Lol But it's true also. Grin

Well it is also possible that Zcash (ZEC) may replace Bitcoin before Bitcoin replace US dollar.
hero member
Activity: 518
Merit: 500
December 08, 2016, 11:10:47 AM
Well, US Dollar still popular and still the best currency such poundsterling and euro, i think this 3 main money will keep the best. For bitcoin, it can be our new world currency though. but we need to motivate other people to use bitcoin.
Yeah, there is no doubt that US Dollar is till the world currency for at least 30 years later. Bitcoin need to do many things to prove that it can be able to replace USD in the future. Now, bitcoin supporters have to work with 100% efforts in order to increase Bitcoin reputation and introduce it to many other people.
newbie
Activity: 35
Merit: 0
December 08, 2016, 10:25:13 AM
Well, US Dollar still popular and still the best currency such poundsterling and euro, i think this 3 main money will keep the best. For bitcoin, it can be our new world currency though. but we need to motivate other people to use bitcoin.
legendary
Activity: 1036
Merit: 1002
December 08, 2016, 09:36:03 AM
Ofcourse it would be bitcoin we got the big opportunity in bitcoin by doing tradings and investments bitcoin is already grow community and every one can use this currency enocomy is high right now even india are using bitcoin for tradings. Maybe in year 2020 bitcoin will be the world currency.
hero member
Activity: 840
Merit: 501
December 08, 2016, 08:54:43 AM
Yuan got the opportunity to become the world currency because china got a high economic growth, but the growth still cant beat out dollar, it is going to be a dollar for another 30 years, because most of the investor or traders already familiar with dollar, bitcoin still cant compete to become world currency becaue of the limited amount
legendary
Activity: 3150
Merit: 1392
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December 08, 2016, 06:51:06 AM
What currency question depends on the economical and social situation in general in the world. If everything will be relatively peaceful Bitcoin can become the new world currrency, because in peaceful times people tend to trust the science and all the abstractions it works with. If the would be some kind of crisis, there is no chance people will continue to believe in numbers.
hero member
Activity: 910
Merit: 501
December 08, 2016, 05:42:17 AM
I really don't see how bitcoin would be able to be the next dominant world currency.
At the moment it is the dollar followed by the euro with a big distance.
Bitcoin with its 12 billion market capitalization is way too small to play in that league, even if its worth would climbe 100 times of what it has now.
In my opinion the dominant world currency has to be a fiat, backed up by a major national economy.
member
Activity: 116
Merit: 10
December 08, 2016, 05:16:29 AM

this is only bitcoin  , Because bitcoin is more simple and easy to handle and very low transaction charge .
but in doller there is also only small charge but we have no simple method to fiat convert from one currency to another .
in bitcoin we can simply convert btc into fiat just by only at 1% at lbc .
so bitcoin will be better then doller .

The next one could be the Chinese Yuan. But the bitcoin can also be a good candidate to be the global currency.
hero member
Activity: 966
Merit: 515
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November 02, 2016, 06:16:26 AM

this is only bitcoin  , Because bitcoin is more simple and easy to handle and very low transaction charge .
but in doller there is also only small charge but we have no simple method to fiat convert from one currency to another .
in bitcoin we can simply convert btc into fiat just by only at 1% at lbc .
so bitcoin will be better then doller .
hero member
Activity: 812
Merit: 500
November 02, 2016, 06:08:10 AM
As a crypto currency, Bitcoin will be one, and i believe on it, that bitcoin will be one in future, But as a fiat currency, USD is always one and also in future it will be one, because it is a International currency, which we can use it in other countries and also they recognized it in all over the world, I don't think any fiat currency is here, which we can use it in all over the world except dollar. Price and Value up and down, it doesn't matter, Bitcoin in crypto and Dollar in fiat both are first currencies in own places.     
hero member
Activity: 1414
Merit: 505
Backed.Finance
November 02, 2016, 02:22:43 AM
I think that the 3 top currencies will be US $, Euro and Bitcoin, as prevalent in digital world.

I think you forgot to mention the Yuan of China. There are countries already who are using and incorporating Yuan in their trade.Though that not too much influence, but we can underestimate the Chinese. I hope bitcoin will gain more popularity in the coming years.
legendary
Activity: 3206
Merit: 1213
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November 02, 2016, 01:51:18 AM
Every country has got its own national currency. During the early days dollar to got into existence with very less value, but due to the economical variations things changed and evolved as a world currency. At the same there are currencies which had big values during its existence and got vanished. Everything did't happen in a short term, it took years and years. So bitcoin as a digital currency has got acceptance as an universal currency but it takes lot more years to get accepted similar to dollar or take role as a new world currency.
hero member
Activity: 714
Merit: 531
November 02, 2016, 01:31:29 AM
we have all different currency in each country we do not know what would be the world currency, if you think bitcoin i think it is not be world currency because not all people are using it even dollar or any currency.
hero member
Activity: 770
Merit: 500
Bazinga!
November 02, 2016, 12:54:04 AM
there will never be any world currency since people around the world in different countries will never accept it and even if they do the government will never allow it because that would be giving up control.

who is going to print that global currency anyways? can we all trust a centralized money printing machine. what if they decided not to give one country any money?
hero member
Activity: 1610
Merit: 507
November 02, 2016, 12:09:15 AM
i am not sure about this because many currency now is having the same chance to be new world currency. we can see that gold, fiat especially dollar and euro, is having a big chance to be new world currency and don't forget that bitcoin is having the same chance too.
hero member
Activity: 1820
Merit: 537
November 01, 2016, 05:20:13 AM
I dont think it will be bitcoins because i think bitcoins will remain as it is alteenative currency to use especially online. But there still a chance of bitcoin to become a world currency is ita price will be over as US dollars .if i am not mistaken bitcoin only varies with US Dollars from now and then.
legendary
Activity: 1008
Merit: 1060
November 01, 2016, 05:06:22 AM
bitcoin is still cheap, if you take the figure, 1 bitcoin = 100,000,000 satoshi and 1 bitcoin = 729 USD then 100,000,000 satoshi =  729 USD; this means 1 satoshi equals 0.00000729 USD or 0.000729 cents.  Now tell me if bitcoin is expensive  Cheesy .  I can say that it is impossible for bitcoin to be the main currency of the world, it will always fall to alternative category in my opinion.
You just went from 1 Bitcoin to 1 satoshi. 1 Satoshi is the smallest unit of bitcoin. Of course it will not cost that much. So yes, bitcoin is still expensive. 1 satoshi will of course never be. 1 satoshi basically doesn't have value at all in this world.

Bitcoin is really possible to become that main currency of the world since people are starting to send money from afar more frequently nowadays. Also, making all the transactions have a digital record will benefit the majority of people.
hero member
Activity: 1274
Merit: 516
November 01, 2016, 01:42:20 AM
I really hope that bitcoin will be the answer, it will be cool if in the future we will adopt digital currency, unfortunately there is still so many obstacle to achieve that, i think dollar will still become world currency the most make sense currency to replace dollar will be yuan, because china economic growth is really good
hero member
Activity: 756
Merit: 501
October 31, 2016, 03:55:38 PM
I do believe bitcoin has huge potencial and will grow a lot on the next 30 years, the question i cant reply is if bitcoin will be new world currency or will keep the same situation as now, without any rules over it, and with full freedom.
legendary
Activity: 2884
Merit: 1258
October 31, 2016, 01:28:20 PM
I'm pretty sure that most of us, people that are always on the Internet, will become global minded in the new world instead of just staying inside our comfort zone and thinking locally. We would need bitcoins at that time to transact with people worldwide. But because the majority of people aren't ready for this, I think the currency in the next decade or so will still be dollars. People just love the USA and dollars so much.

Indeed. Bitcoin will remain in the future but I believe that it may take time to be legalized and consider it as a new world currency. First it should be introduced to each country and yeah there will be a lot of debate and discussions to attend to before it reaches its goal. For now, USD will still be the top world  currency.
We could dream of making bitcoin legalized but I am losing my hope to that as since we are making bitcoin increase its price, the government should have make the right move to legalize bitcoin as it has a great amount of money circulated online specifically in the crypto world, but seems I do not hear any news regarding that.

bitcoin is still cheap, if you take the figure, 1 bitcoin = 100,000,000 satoshi and 1 bitcoin = 729 USD then 100,000,000 satoshi =  729 USD; this means 1 satoshi equals 0.00000729 USD or 0.000729 cents.  Now tell me if bitcoin is expensive  Cheesy .  I can say that it is impossible for bitcoin to be the main currency of the world, it will always fall to alternative category in my opinion.
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