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Topic: What will be our new world currency? - page 5. (Read 18025 times)

hero member
Activity: 588
Merit: 500
February 12, 2017, 05:15:12 PM
I hope that bitcoin will become a worldwide site in future that will  have known by each person as now any govt.bank which has become most popular. similarly bitcoin will have its own bank and atm in each city hence everyone will invest their money on it
yes there is no doubt about this and no other option. i am sure that bitcoin is going to become the world new currency both for online as we all physically. people are now understanding bitcoin and therefore trying their best to facilitate themselves from the services of bitcoin. and hope very soon bitcoin will be our main currency.
sr. member
Activity: 784
Merit: 250
February 12, 2017, 03:03:52 PM
In this topic, I think every one here in this forum are wishing or thinking some of you that bitcoin will be the new world currency in the near future to come. Even it will take a miles a way before it can be done. Although this is just an speculation for now.
member
Activity: 106
Merit: 10
February 12, 2017, 09:16:13 AM
I hope bitcoin will be, that would be great.
hero member
Activity: 1680
Merit: 655
February 12, 2017, 07:47:04 AM
well just like what other people's thought, I would vote for bitcoin even though the poll is already closed Grin I am hoping that bitcoin will be not only a cryptocurrency but also a new world currency and it will replace the US Dollar on the peak . that would be a really big change if it happened because no country holds bitcoin as their own currency or their national currency just like the United States I think they became the world's leading country and obtained the most powerful title because of their dollar ..
It's not what you hope but what would really happen. Right now Bitcoin does not show that it can be a global currency but it is not the Bitcoin's fault but the government. they don't want a currency that can be controlled by an individual outside the government, it hands them too much greater of a power than the government can give.
hero member
Activity: 2744
Merit: 541
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February 04, 2017, 01:15:52 PM
well just like what other people's thought, I would vote for bitcoin even though the poll is already closed Grin I am hoping that bitcoin will be not only a cryptocurrency but also a new world currency and it will replace the US Dollar on the peak . that would be a really big change if it happened because no country holds bitcoin as their own currency or their national currency just like the United States I think they became the world's leading country and obtained the most powerful title because of their dollar ..
full member
Activity: 121
Merit: 100
February 04, 2017, 01:02:41 PM
I hope that bitcoin will become a worldwide site in future that will  have known by each person as now any govt.bank which has become most popular. similarly bitcoin will have its own bank and atm in each city hence everyone will invest their money on it
Yeah that is the possibility that in the new age bitcoin will be the global currency and it will have its own banks in different countries but I think it will be difficult for every country to start a separate banks and the banks will also not want to remain behind so in these countries the existent banks will work to start the use of bitcoin.
yes the banks do not want to go in the loses and if the time of bitcoin come there will be a threat to those institutes which will not adopt bitcoin just like paypal is facing so in that time banks will adopt bitcoin and will start the services of bitcoin regulation.

I'm not sure that the government is to allow Bitcoin has become the new currency. Already around the world started strict regulation of Bitcoin.
That's why I think that in the near future the dollar will remain the leader
hero member
Activity: 658
Merit: 500
February 04, 2017, 11:36:46 AM
I hope that bitcoin will become a worldwide site in future that will  have known by each person as now any govt.bank which has become most popular. similarly bitcoin will have its own bank and atm in each city hence everyone will invest their money on it
Yeah that is the possibility that in the new age bitcoin will be the global currency and it will have its own banks in different countries but I think it will be difficult for every country to start a separate banks and the banks will also not want to remain behind so in these countries the existent banks will work to start the use of bitcoin.
yes the banks do not want to go in the loses and they often try to stay updated with any new technology which they are allowed by the government and if the time of bitcoin come there will be a threat to those institutes which will not adopt bitcoin just like paypal is facing so in that time banks will adopt bitcoin and will start the services of bitcoin regulation.
hero member
Activity: 490
Merit: 500
February 04, 2017, 10:34:17 AM
I don't know exactly why gold and silver are on the list. In fact there was a time when fiat currency was gold standard, and this was something that made the currency have real value, preventing the currency from being inflated by centralized institutions. Currently, US dollar does not have the same standard and has a much lower value. With regard to gold itself, it is very often used to store value, but it's very expensive to be shipped through the world. With Bitcoin, you have an infinitely lower cost, and this can be done with much more convenience.
hero member
Activity: 826
Merit: 502
February 04, 2017, 09:43:24 AM
I hope that bitcoin will become a worldwide site in future that will  have known by each person as now any govt.bank which has become most popular. similarly bitcoin will have its own bank and atm in each city hence everyone will invest their money on it
Yeah that is the possibility that in the new age bitcoin will be the global currency and it will have its own banks in different countries but I think it will be difficult for every country to start a separate banks and the banks will also not want to remain behind so in these countries the existent banks will work to start the use of bitcoin.
member
Activity: 91
Merit: 10
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February 04, 2017, 09:31:29 AM
I hope that bitcoin will become a worldwide site in future that will  have known by each person as now any govt.bank which has become most popular. similarly bitcoin will have its own bank and atm in each city hence everyone will invest their money on it
legendary
Activity: 1386
Merit: 1000
February 03, 2017, 02:17:10 PM
I really thing that in the future a currency through the internet,
who is to everyone available and not directly traceable will be the new world currency.

And the coin who was first will be the leading coin, so it will be bitcoin.
hero member
Activity: 1610
Merit: 507
February 03, 2017, 11:43:23 AM
i hope that bitcoin will be our new world currency but it need more time before its happen and from now on, USD Dollar will still in the lead because USD is always in the top currency in the world. i think bitcoin have the potential to be the next new world currency because bitcon have many benefits that could help us to solve the economic problems.
hero member
Activity: 672
Merit: 500
February 03, 2017, 11:35:26 AM
For sure not bitcoin,dollar will stay like a global currency for longer time,it could be to big shock if dollar will fail
Euro is fake and will die untill 2020.Zimbabwe dollar can be good choice or bananas,i think bananas or matches
I do not know that what will be the future of Euro and I also do not say that it is fake but one thing is sure that dollar will not be our new world coin as bitcoin advancement and development is much faster than dollar. On internet everyone already preferring bitcoin as their favorable currency and one day will come when everyone will accept only bitcoin as global currency.
hero member
Activity: 588
Merit: 500
February 03, 2017, 11:19:01 AM
Bitcoin right now is an alternative currency for many of us and also a form of investment at the same time. If you ask me if it is going to be the currency that my future grand kids will be using in the distant future, I am not quite sure what to answer. I think only time will tell if bitcoin gets to survive many more years or if something else takes its place.
but i am confident that in future our kids will be using bitcoin as digital currency as well as they will use it in local shops like fiat currency. in fact in present time most of the online shops are accepting bitcoins, while in some area there are physical shops who are accepting bitcoins for shopping, but such shops are present only in such places where the users of bitcoin are more.
MMA
legendary
Activity: 1134
Merit: 1000
February 03, 2017, 10:59:42 AM
well, china and Russia have already started using their local currencies for trade avoiding US dollars.China and japan are also trading using their local currencies.Since china is now the greatest trade partner of the african continent, china is seeking aggresively to use their currency for trade.China and UAE have also agreed to use their local currencies for trade.And China economy is projected to pass the US economy by 2016. So, we could expect china Yuan to be the new world currency.
i think not only China but all countries of the world giving preference to their local currencies. but still China is the great support of bitcoin. majority of the and miner are from China, so they are contributing too much in increasing bitcoin. may be China will be the 1st country to accept bitcoin as legal currency and hope that after that other countries will also start accepting bitcoin.
legendary
Activity: 1918
Merit: 1728
February 03, 2017, 10:25:54 AM
When we say world currency, it means currency which can be used in any country and is legit. At present, I doubt any fiat currency has that 'badge'. Every country is proud to use its native currency since it is a boost to its economy and sign of self-reliance.
But when we say about Bitcoin, it is a digital currency and can be used in any country. Countries can't limit it or capture its market. So, it is on right track and maybe in 20-30 years we can see Bitcoin a leading world currency.
Another aspect is 'measure of value' and under this US Dollar is leading. So, US Dollar continue to lead as a common measure currency but never become world currency.
sr. member
Activity: 1232
Merit: 250
February 03, 2017, 10:13:57 AM
Paper currency will remain in our new world.

In India, the government already trying to implement the plan "Digital India" which is cashless transaction. Actually which will never be happened as more peoples were uneducated and not aware of digital currency/transaction.

So the current currency which is ruling now will be our next/new world currency!
You are right, and considering India is not a big country, we can already assume that most users in that country are comfortable with using paper money. They cannot make it compulsory for the entire population, it will not create a good community when people cannot easy trade successfully.

Fiat will stay, of course.

As it is a developing country, and most people are backward thinker. They will be not ready to accept any new implementation. Dollar will prevail as it is, Bitcoin is good as alternative currency and Investment at the point.
hero member
Activity: 518
Merit: 500
February 03, 2017, 03:32:53 AM
Bitcoin right now is an alternative currency for many of us and also a form of investment at the same time. If you ask me if it is going to be the currency that my future grand kids will be using in the distant future, I am not quite sure what to answer. I think only time will tell if bitcoin gets to survive many more years or if something else takes its place.
legendary
Activity: 1148
Merit: 1048
February 03, 2017, 02:50:05 AM
Nothing will change from the current system of the fiat system, these just means that dollar, euro and others currencies wont be replaced by a global currency, i believe it will make currenty fiat system to became digital fiat, but those should take over 20-40 years.
Im agree with your opinion its nothing will be change in our fiat current system but in near future it possible that they make their own digital money that can replace their physical money.Thats the influence of cryptography and Bitcoin.
hero member
Activity: 770
Merit: 500
February 03, 2017, 02:01:59 AM
Nothing will change from the current system of the fiat system, these just means that dollar, euro and others currencies wont be replaced by a global currency, i believe it will make currenty fiat system to became digital fiat, but those should take over 20-40 years.
yes governments have to accept the global changes, the changes in the need and interest of the people. first it is expected that all the government will come to one point and they will accept bitcoin as a global currency which will be beneficial for all the countries and people of the world, but if they do not agree then they will certainly think about starting their own digital currency.
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