What will be our new world currency? - page 12.

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Quote from: icecube45 on October 20, 2016, 07:50:46 AM

I think the US dollar will remain the world's currency. Because if bitcoin be a world currency is still not fit my taste. Because bitcoin prices always fluctuate so that it would create economic imbalances. There are many factors to consider if you want to use bitcoin as a world currency.

That's true. Bitcoin needs to travel long to become a world currency. Right now US dollar is very strong as a world currency due to its increased acceptance as well the stable value. In my view bitcoin is very young to get recognized as a world currency. Soon after years due to continuous adoption and the digitalization of world things could change.

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I think the US dollar will remain the world's currency. Because if bitcoin be a world currency is still not fit my taste. Because bitcoin prices always fluctuate so that it would create economic imbalances. There are many factors to consider if you want to use bitcoin as a world currency.

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I think the new world currency would be Bitcoins. Today, accessing the Internet is one of our primary necessity. Most of us can't even stand not having their phone with them. To be honest, I'm one of them. The payments too are done by a lot of people using the Internet. Most of them are using Paypal, of course, because they don't know about Bitcoin yet. Once they realize the flaws of Paypal and other payment methods, I'm sure that they will eventually stumble upon Bitcoins and love using it.

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Quote from: Fatanut on October 19, 2016, 12:52:30 AM

For the following years, dollars would be the main currency but after people have adapt the computer age, we will start having more and more people that are interested in using Bitcoins. A lot of people wants to see a cashless world because the government is abusing the power of fiat money. I think in the far far future, Bitcoin will finally take over and all those useless paper money will just be part of our past.

It is true that the government is abusing the control of fiat currency so many people will prefer digital cashless transaction. But because many people are yet to know about the existance of bitcoin, there is still challenge in that regard. One other problem is that bitcoin's physical shop usage is not that much convenient and affordable, hence people will be a kind of skeptical about. Even as at that it is still okay.

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Quote from: Galer on October 19, 2016, 02:01:56 AM

Quote from: Fatanut on October 19, 2016, 12:52:30 AM

For the following years, dollars would be the main currency but after people have adapt the computer age, we will start having more and more people that are interested in using Bitcoins. A lot of people wants to see a cashless world because the government is abusing the power of fiat money. I think in the far far future, Bitcoin will finally take over and all those useless paper money will just be part of our past.

Bitcoin is the futuristic currency that adapters used and if all peoples know about bitcoin,Bitcoin is soon to be the new currency that people can used in their daily transactions.

I agree about that but I am not too positive that majority of people will use bitcoin for online transaction, there are still issues that needs to be resolve and for sure not all people are willing to risk their money transacting online in a anonymous way. Most prefer to be known so in times there is a compromise or problem it can easily be resolve.

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Quote from: Fatanut on October 19, 2016, 12:52:30 AM

For the following years, dollars would be the main currency but after people have adapt the computer age, we will start having more and more people that are interested in using Bitcoins. A lot of people wants to see a cashless world because the government is abusing the power of fiat money. I think in the far far future, Bitcoin will finally take over and all those useless paper money will just be part of our past.

Bitcoin is the futuristic currency that adapters used and if all peoples know about bitcoin,Bitcoin is soon to be the new currency that people can used in their daily transactions.

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For the following years, dollars would be the main currency but after people have adapt the computer age, we will start having more and more people that are interested in using Bitcoins. A lot of people wants to see a cashless world because the government is abusing the power of fiat money. I think in the far far future, Bitcoin will finally take over and all those useless paper money will just be part of our past.

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Quote from: Chrismeister on October 05, 2016, 09:00:47 AM

I do not believe that Bitcoin is going to be the world currency as in most used currency at that moment. I still think that the US Dollar is going to take it again.
Bitcoin needs more time before they can find them selves on that list.

I think so since penetration rate o bitcoin is quite slow but still theres still possibility in the future. As of now, it is still the dollar that dominates but also we have to watch out the Chinese yuan because they are also expanding their influence.

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Quote from: rinhunter on October 05, 2016, 10:00:53 AM

Quote from: Chrismeister on October 05, 2016, 09:00:47 AM

I do not believe that Bitcoin is going to be the world currency as in most used currency at that moment. I still think that the US Dollar is going to take it again.
Bitcoin needs more time before they can find them selves on that list.

agree, i don't believe too because the age of bitcoin is currently not too old for currency. Just for alternative payment and that's enough for now.

As of now we may say that bitcoin is not going to be the new world currency but I do believe that it is going to be the new world currency. Because the biggest business tycoons like Bill Gates sees the future of crypto currency and he do believe that the future will be the crypto currency so I believe that bitcoin will be the new world currency out of its age.

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USD for sure, the US is still a big player in the global economy and I am pretty sure it will be in the next 30 years. Most of the global trade is carried out in USD and I do not see that changing in the near future. Besides what a lot of people say, I think China will never replace the US, their disposable stuff is not enough to take over.

Is the Zimbabwe Dollar the "funny" part of the survey or what?

Sorry but I do not think that the Bitcoin is never going to be a world currency because they are to small for something like that at this moment.
If they will be able to become bigger and a serious currency then it might happen.

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Quote from: Yakamoto on October 05, 2016, 11:15:13 AM

Quote from: shield132 on October 05, 2016, 11:03:15 AM

Quote from: Taki on October 05, 2016, 10:25:27 AM

So most of votes ate for USD and Bitcoin. I think if in one moment all nations will agree to use some one kind of currency they will create something new. As it was in European Union, they created Euro. So if it is gonna be some World Union it is gonna be some new currency. That is just my opinion, but who knows how it is going to be in future.

I think no one is going to print new money that will change all curency and will be used globally. We can say that USD is most globally used currency, not global currency but import/export in many countries are in usd and situation don't requires to print new and only one currency. So in bitcoin, situation is maybe same. It's mostly used crypto currency, many company is mining bitcoin and much money is invested in it, so we can proudly say that bitcoin is leader in it's job.

There is definitely a chance that there will be pushes for a single currency at some point, but a lot of that (and the conspiracy theories surrounding it) would have to be put into action through some events that are on the brink of happening. For now, though, it seems likely that the USD will maintain its position and it won't be replaced anytime soon. Bitcoin is for sure the leader in the cryptocurrency economy, and it will likely stay like that for a long time.

Dollar will surely dominate the world because they are a strong country, I do not see bitcoin will be the mainstream currency as it is only good for online transaction, I do believe somehow bitcoin is also a good help for us as we have the option to transact anonymously but it can never beat any currency in any country.

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Quote from: shield132 on October 05, 2016, 11:03:15 AM

Quote from: Taki on October 05, 2016, 10:25:27 AM

So most of votes ate for USD and Bitcoin. I think if in one moment all nations will agree to use some one kind of currency they will create something new. As it was in European Union, they created Euro. So if it is gonna be some World Union it is gonna be some new currency. That is just my opinion, but who knows how it is going to be in future.

I think no one is going to print new money that will change all curency and will be used globally. We can say that USD is most globally used currency, not global currency but import/export in many countries are in usd and situation don't requires to print new and only one currency. So in bitcoin, situation is maybe same. It's mostly used crypto currency, many company is mining bitcoin and much money is invested in it, so we can proudly say that bitcoin is leader in it's job.

There is definitely a chance that there will be pushes for a single currency at some point, but a lot of that (and the conspiracy theories surrounding it) would have to be put into action through some events that are on the brink of happening. For now, though, it seems likely that the USD will maintain its position and it won't be replaced anytime soon. Bitcoin is for sure the leader in the cryptocurrency economy, and it will likely stay like that for a long time.

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Quote from: Taki on October 05, 2016, 10:25:27 AM

So most of votes ate for USD and Bitcoin. I think if in one moment all nations will agree to use some one kind of currency they will create something new. As it was in European Union, they created Euro. So if it is gonna be some World Union it is gonna be some new currency. That is just my opinion, but who knows how it is going to be in future.

I think no one is going to print new money that will change all curency and will be used globally. We can say that USD is most globally used currency, not global currency but import/export in many countries are in usd and situation don't requires to print new and only one currency. So in bitcoin, situation is maybe same. It's mostly used crypto currency, many company is mining bitcoin and much money is invested in it, so we can proudly say that bitcoin is leader in it's job.

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Quote from: Taki on October 05, 2016, 10:25:27 AM

So most of votes ate for USD and Bitcoin. I think if in one moment all nations will agree to use some one kind of currency they will create something new. As it was in European Union, they created Euro. So if it is gonna be some World Union it is gonna be some new currency. That is just my opinion, but who knows how it is going to be in future.

This is bitcoin what do you expect... I surprised that there is only one vote for gold though. To me gold is a lot better than both usd and bitcoin but it can change at any time.

Check this:

Gold always will be a winner against USD.

Taki

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So most of votes ate for USD and Bitcoin. I think if in one moment all nations will agree to use some one kind of currency they will create something new. As it was in European Union, they created Euro. So if it is gonna be some World Union it is gonna be some new currency. That is just my opinion, but who knows how it is going to be in future.

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Quote from: Chrismeister on October 05, 2016, 09:00:47 AM

I do not believe that Bitcoin is going to be the world currency as in most used currency at that moment. I still think that the US Dollar is going to take it again.
Bitcoin needs more time before they can find them selves on that list.

agree, i don't believe too because the age of bitcoin is currently not too old for currency. Just for alternative payment and that's enough for now.

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Quote from: joshmacabe on September 28, 2016, 09:59:08 PM

US dollar still the real world currency
bitcoin litecoin and more only digital curency not real curency

they are real currency just not used on a large scale, and what is your definition of real? don't tell me that because you can't touch them lol, they are far superior to fiat but people seems to no recognize them yet, we will see in few years

Chrismeister

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I do not believe that Bitcoin is going to be the world currency as in most used currency at that moment. I still think that the US Dollar is going to take it again.
Bitcoin needs more time before they can find them selves on that list.

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US dollar still the real world currency
bitcoin litecoin and more only digital curency not real curency

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I hope bitcoin is the new world currency in the future, may take a long time. No one can predict the future development, and now the rapid economic development, there are a lot of problems, I hope there is an economic revolution, to change the pattern of the present.

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