Many of us are suspecting the same "bitcoin becoming the reserved currency of the worked.
Bitcoin is widely spreading across the globe and I don't think anyone who has known well about the use it will want to leave it. But for governments who are yet to accept it. Bitcoin is really worth becoming the world currency.if bitcoin should pump well this year end I'm sure it will attract people's attention the more
Topic: Will Bitcoin become the reserve currency of the world? - page 27. (Read 50449 times)
One of the best news so far!
˝Fidelity Investments, a financial services giant with over $7 trillion worth of assets under its management, has launched a company called Fidelity Digital Asset Services, which will be providing custody and trade execution services for cryptocurrencies. ˝
https://coincodex.com/article/2488/fidelity-investments-launches-crypto-focused-company/
˝Fidelity Investments, a financial services giant with over $7 trillion worth of assets under its management, has launched a company called Fidelity Digital Asset Services, which will be providing custody and trade execution services for cryptocurrencies. ˝
https://coincodex.com/article/2488/fidelity-investments-launches-crypto-focused-company/
Do you think Bitcoin will become the reserve currency of the world sometime in the future? I was wondering about this since Bitcoin is now a widely used cryptocurrency worldwide. Since most altcoins in the market today, are dependent on Bitcoin's price movements, it seems like Bitcoin is the reserve currency of cryptocurrencies.
However, if Bitcoin tends to become more popular each day, it could eventually take the USD's place as the reserve currency of the world. Hence, what are your thoughts about this? Will it happen or not?
However, if Bitcoin tends to become more popular each day, it could eventually take the USD's place as the reserve currency of the world. Hence, what are your thoughts about this? Will it happen or not?
It is very possible that bitcoin will shift the dollar in the future, because many factors support the cryptocurrency currency, one of which is the dollar being abandoned by many big trades like business people in China and Russia, they are trying to shift the dominance of the dollar, and look for alternative currencies and I think bitcoin is very potential for that, as for many parties who start using other coins, but the position of bitcoin is irreplaceable
Do you think Bitcoin will become the reserve currency of the world sometime in the future? I was wondering about this since Bitcoin is now a widely used cryptocurrency worldwide. Since most altcoins in the market today, are dependent on Bitcoin's price movements, it seems like Bitcoin is the reserve currency of cryptocurrencies.
However, if Bitcoin tends to become more popular each day, it could eventually take the USD's place as the reserve currency of the world. Hence, what are your thoughts about this? Will it happen or not?
LOL!! That is a very far fetched dream, my friend!! Bitcoin is yet not accepted as a global currency, there are many countries that are still not ready to opt for crypto currency market. They have a very rigid approach towards the bitcoin and other crypto currencies. Such kind of a rigid and arrogant attitude towards bitcoin makes it difficult for the currency to survive in an economic system. So bitcoin has become only a means of an investment in those countries and a DIGITAL ASSET. Then there are other countries where the government has imposed a complete ban on the crypto market. However, if Bitcoin tends to become more popular each day, it could eventually take the USD's place as the reserve currency of the world. Hence, what are your thoughts about this? Will it happen or not?
Do you think Bitcoin will become the reserve currency of the world sometime in the future? I was wondering about this since Bitcoin is now a widely used cryptocurrency worldwide. Since most altcoins in the market today, are dependent on Bitcoin's price movements, it seems like Bitcoin is the reserve currency of cryptocurrencies.
However, if Bitcoin tends to become more popular each day, it could eventually take the USD's place as the reserve currency of the world. Hence, what are your thoughts about this? Will it happen or not?
It is very possible that bitcoin will shift the dollar in the future, because many factors support the cryptocurrency currency, one of which is the dollar being abandoned by many big trades like business people in China and Russia, they are trying to shift the dominance of the dollar, and look for alternative currencies and I think bitcoin is very potential for that, as for many parties who start using other coins, but the position of bitcoin is irreplaceable However, if Bitcoin tends to become more popular each day, it could eventually take the USD's place as the reserve currency of the world. Hence, what are your thoughts about this? Will it happen or not?
Do you think Bitcoin will become the reserve currency of the world sometime in the future? I was wondering about this since Bitcoin is now a widely used cryptocurrency worldwide. Since most altcoins in the market today, are dependent on Bitcoin's price movements, it seems like Bitcoin is the reserve currency of cryptocurrencies.
However, if Bitcoin tends to become more popular each day, it could eventually take the USD's place as the reserve currency of the world. Hence, what are your thoughts about this? Will it happen or not?
However, if Bitcoin tends to become more popular each day, it could eventually take the USD's place as the reserve currency of the world. Hence, what are your thoughts about this? Will it happen or not?
I dont believe that this will be true, at least at official level it wont be recognized as such asset. But in the same time when /if geo political situation will get worse and worse, BTC will become more and more valuable. Also for this to happen a lot of time has to pass so that we newer generation would be in charge.
Treating bitcoin as just a reserve currency will undermine all its innovative features! Let’s not waste them, please. Bitcoin is fit to become an alternative currency –a virtual currency that will transform the world into a cashless society. Do you agree?
First bitcoin has to be globally accepted for it to possess such potentials. If or when this happens, we can then queue this possibility up as one to hold on to. Secondly, I don't think that there can be a 'World's reserve currency'. Who will regulate it? what policy will it exist on? these are just few questions that should be first put into consideration before we think of such possibility. Moreover, Bitcoin is a technological development and technology innovations are not static, and from what I understand, 'Currency' is not an item to have version 1, version 1.1 and so on.
at this moment I like to see the direction to it. Bitcoin is slowly starting to attract attention and surely in the future, it will take a position as the world's reserve currency, but to get to that stage I think Bitcoin must be able to adjust its exchange rate because currently, the exchange rate is very high against the dollar.
Theoretically, bitcoin can become a global medium of exchange (world currency). But in practice it will be difficult to do.
Do you think Bitcoin will become the reserve currency of the world sometime in the future? I was wondering about this since Bitcoin is now a widely used cryptocurrency worldwide. Since most altcoins in the market today, are dependent on Bitcoin's price movements, it seems like Bitcoin is the reserve currency of cryptocurrencies.
However, if Bitcoin tends to become more popular each day, it could eventually take the USD's place as the reserve currency of the world. Hence, what are your thoughts about this? Will it happen or not?
However, if Bitcoin tends to become more popular each day, it could eventually take the USD's place as the reserve currency of the world. Hence, what are your thoughts about this? Will it happen or not?
Well, I think that Bitcoin has a wide array of possibilities and potential available to it. However, instead of a reserve currency, I more so foresee it as a currency that can compete with the currencies and other investment assets we have today, just like how it's doing now. However, there's nothing wrong with it being held as a reserve currency or asset, which can be sold at any point when needed. It's not too far off to see that knowing the value it has as it can be turned as a contingency asset that a person can exchange when he needs the money or invest when there is a chance as is.
Do you think Bitcoin will become the reserve currency of the world sometime in the future? I was wondering about this since Bitcoin is now a widely used cryptocurrency worldwide. Since most altcoins in the market today, are dependent on Bitcoin's price movements, it seems like Bitcoin is the reserve currency of cryptocurrencies.
However, if Bitcoin tends to become more popular each day, it could eventually take the USD's place as the reserve currency of the world. Hence, what are your thoughts about this? Will it happen or not?
However, if Bitcoin tends to become more popular each day, it could eventually take the USD's place as the reserve currency of the world. Hence, what are your thoughts about this? Will it happen or not?
If all the founders of the country talk about this, it will likely be a very good solution if bitcoin becomes a reserve currency, and we know that at present all countries depend on the US dollar, and that it will benefit the US country, if it is changed by using bitcoin to shop for the country's needs, the country's currency will not fall, for example like Turkey !!
The coin that will rule the crypto world is going to be AML BitCoin. The value of the AML Bitcoin is not determined by any government. Therefore, if any economic or financial instability occurs, AML Bitcoin users are not affected.
I think it has the right to be qualified to be the world's reserve currency. Bitcoin is already recognized by 1st world countries and if they agree, other countries would too. Bitcoin cannot be hacked and altered so trust will also not be an issue and also it's limited supply is the perfect feature to make it an option.
I don't think so it will become the reserve currency of the world. Bitcoin is first decentralized digital cryptocurrency. So because of this thing, no one has control over on bitcoin. And also in many countries bitcoin is not legal. So it will not be accepted universally.
It is too far to think that bitcoin will become the world's reserve currency, because the existence of bitcoin is still widely opposed and there are still many restrictions on the use of bitcoin by a country. For this reason, bitcoin remains the crypto currency which is currently an investment that many people want.
Bitcoin is emerging as one of the important currency but becoming the reserve currency is not possible.It can become a alternate currency but becoming as reserve one is not that easy.But in coming decades it can happen but at present this is not possible at all.Many countries are against it so it had to prove alot to become a reserve currency.
Bitcoin is Altcoins reserve currency, which is a sure thing. As for the world's reserve currency, we need to wait a while longer. The most important thing is that Bitcoin is having difficulty trading in some countries. At present, USD is doing well so Bitcoin wants to become a reserve currency, it must prove more.
Do you think Bitcoin will become the reserve currency of the world sometime in the future? I was wondering about this since Bitcoin is now a widely used cryptocurrency worldwide. Since most altcoins in the market today, are dependent on Bitcoin's price movements, it seems like Bitcoin is the reserve currency of cryptocurrencies.
However, if Bitcoin tends to become more popular each day, it could eventually take the USD's place as the reserve currency of the world. Hence, what are your thoughts about this? Will it happen or not?
However, if Bitcoin tends to become more popular each day, it could eventually take the USD's place as the reserve currency of the world. Hence, what are your thoughts about this? Will it happen or not?
At present Bitcoin can be said to be a supporting currency in the world financial system. It can even be said to be the safest because Bitcoin will not be destroyed like when a disaster occurs. As long as we can still access the account and the bitcoin wallet we have, Bitcoin will still be there. Someday in the future it could be that Bitcoin becomes a currency that is more widely used, we will face a technology era that is much better and more sophisticated technology, so Bitcoin will be increasingly needed.
I don't think Bitcoin will be able to replace USD as a common currency, but bitcoin can be an excellent alternative to an exchange transaction because of the use of blockchain technology, business processes with blockchain technology are very easy and transparent, that's what makes bitcoin more popular. But again I still doubt if bitcoin can replace the role of USD completely.
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