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Topic: Will bitcoin be the only single currency (Read 192 times)

newbie
Activity: 63
Merit: 0
March 29, 2018, 06:03:16 AM
#35
Bitcoin Will Be World's 'Single Currency' Says Twitter CEO
I believe that bitcoin will be the only currency on the internet in the near future. "In the end, the world will have only one currency, the internet will have only one currency.I personally believe that the currency is bitcoin," said Dorsey. He mentioned, this is "likely to happen within 10 years, but it could have been faster."
newbie
Activity: 42
Merit: 0
At the end of the 20th century, Brazil had problems with inflation. For more than ten years, since about 1980, hyperinflation, sometimes more than a thousand percent a year, has destroyed the Brazilian currency - cruzeiro.
member
Activity: 378
Merit: 10
I believe in bitcoin. It is traditional usd in cryptocurrency and it will be used for a very long time. But there are a lot of other altcoins, wich are better technically than bitcoin.
full member
Activity: 658
Merit: 102
Bitcoin Will Be World's 'Single Currency' Says Twitter CEO
I think and I hope that this will never happen. Mankind should not depend only on a single crypto currency, which exists only on the ratio of demand and supply. In the world for stability there must be a lot of currencies, both digital and conventional. Only then will there be relative economic stability. Although gold as a means of payment has always been, is and will always be in all currencies.
member
Activity: 224
Merit: 19
I read this news yesterday and I think he does not mean being just the currency that will be used by all the countries ( just like some conspiracy theorist). He mentioned that it will be the currency for the internet and it is now with other coins. I think what he is implying is other coins will die and perhaps only Bitcoin will survive.
newbie
Activity: 112
Merit: 0
I dont know why he mean it and why he say  that. i dont follow anyone tweet and any panic news before so many same things happen its costly for crypto . people always try to follow some panic and scam news thats why they dont try to learn just a blind  follower . i think its not a currency its future asset.
member
Activity: 224
Merit: 11
Bitcoin Will Be World's 'Single Currency' Says Twitter CEO
Bitcoin is promising currency thats way they said it single currency. Because bitcoin is a lot of value. You can used it for trading, mining, paying bills, online shopping thats why its world single currency. But we need tp be responsible to our currency because not all the time we can own it. Just give value you bitcoin.
sr. member
Activity: 1974
Merit: 254
Sugars.zone | DatingFi - Earn for Posting
I think that's not true. Each country has its own currency to use. In the world there are coins to be used to trade, buy as good dollar or ero. So bitcoin is not the only currency. Bitcoins are part of the world currency.
member
Activity: 280
Merit: 11
Bitcoin be a Single currency? That's opinion base only on the said CEO, But base on reality, the Global Communities has its own FIAT money for trading and local transaction. will never know what will happen or the future of Bitcoin replacing FIAT money?Huh? cross your finger......
member
Activity: 252
Merit: 10
I disagree with him, I really believe that there will be several cryptocurrencies alive in the future but I agree that in the future only cryptocurrencies will dominate. Lets see what happens.

Any cryptocurrency will never be the only one currency since we have many problem and we need to solve that problem with technology of blockchain.
But the other currency will be fiat money and nothing can change that fiat money as real money.
full member
Activity: 378
Merit: 100
Bitcoin Will Be World's 'Single Currency' Says Twitter CEO
Yes this is curtency bwcause this is so usable for all companies and all people but i thiink it wont never happem because this bitcoin is still a cryptocurrency which means the value is not stable and it always flactuates every mins. And every hour and day.
newbie
Activity: 317
Merit: 0
this would be a good and positive thing for future technology if true bitcoin would be the official virtual currency to bring all countries with blockchain technology.
sr. member
Activity: 448
Merit: 250
Depends what he implies by that. On the off chance that he implies by that announcement the cash which is utilized predominately then he might be correct be that as it may, I'm not one for hypothesizing on things which are out of my control. Yet, in the event that he's alluding to the main digital money at that point he's conceivable going to not be right. There's continually going to be other contending coins which I believe is useful for Bitcoin as it were.
newbie
Activity: 47
Merit: 0

I agree with that view, because bitcoin's security is widely supported
newbie
Activity: 80
Merit: 0
if I do not agree, if bitcoin into a single currency.
because the application of a single currency system around the world will bring no small change.
if it can be said it is unfair.
one of which is developed countries will benefit greatly because there will be no risk of currency in the international trade arena.
full member
Activity: 602
Merit: 118
Bitcoin Will Be World's 'Single Currency' Says Twitter CEO

If this can be realized how happy for the people whose country has a currency with a very low value. Because bitcoin can align the economy of the country as a whole.
full member
Activity: 420
Merit: 101
Virtual money is not a currency. Because, currency must be accepted in wide people and recognized by authority.

As we know now, bitcoin haven't be able to make itself as a tool changer that can be accepter in all countries. This rejection is give indication about the how long bitcoin will stand and hold.
Although now bitcoin have big impact for some people.
And all digital inovations should be continue and being support.

newbie
Activity: 39
Merit: 0
Bitcoin will be the only currency in the future, as bitcoin is one of the most innovative tests in history, no money has ever been made. It has high security features, can be divided into small units, and can be carried anywhere.
full member
Activity: 994
Merit: 103
It will happen on the right time.  Cryptocurrency will rule our world someday.
Cryptocurrency will make our way of.life easier, we.dont need fiat ,bank and bitcoin is the answer.
newbie
Activity: 91
Merit: 0
Bitcoin Will Be World's 'Single Currency' Says Twitter CEO

Not quite sure what your source is referring to that, whether he means the "only" currency, the dominant currency, or the only cryptocurrency.
Anyway, regardless, things would be not in our control and probably we may not experience in the near future.
But for sure bitcoin will be part of that future, we are just not sure whether the only, the dominant, or the only crpyto.
But I always believe that competitors  are always healthy for any conceptual work.
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