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Topic: Will Cryptocurrency be a Global Currency in the Future? - page 2. (Read 681 times)

member
Activity: 137
Merit: 13
I think cryptocurrencies will be the world's currency in the future, but their use is more on financial alternatives than fiat. We know that fiat cannot be replaced by cryptocurrency because of regulations from regulators that keep fiat in its current position. Cryptocurrency is also an investment for people who want to make money without leaving the house, we can trade and take advantage of cryptocurrency price fluctuations. There are still many benefits of cryptocurrency for us so this is a good future of finance.
newbie
Activity: 25
Merit: 1
Cryptocurrency has great potential and capability to become Global currency in the near future. With its rise in acceptance and value, many countries are planning to accept it as their medium for transaction. Maybe in the future, it will be Globally accepted as a currency and mode of payment.
sr. member
Activity: 2436
Merit: 455
Yes, It can be expected that cryptocurrency will be a Global currency in the future.
 The BTC will be the father coin and there will be a lot of sub coins.
 Cryptocurrency is a unique kind of currency that has great potential.
It has an attraction for all ages of life. It has a great opportunity for those who want to do something and desire to step forward.
Moreover, It has equal chances for poor or rich for development .
This currency has brought a revolutionary change in the world of business and trade.
It promotes a positive activity also.


It's impossible to happen. The central organization won't let the cryptocurrencies dominate the world. The government is always against something it cannot control nor manipulate. Hence, most government of different countries don't see crypto the way we do. They either see it as a threat or nothing at all. Despite all of the positive feedbacks about crypto and all of its advantages, there are just government officials and people, in general, that are close-minded. They are not open with the idea of having it or legalizing it.

In addition, each countries have the local currency of their own which they plan to boost. Which clearly indicates that the adoption of crypto into something big, particularly being a global currency is just another dream. Since not all countries are open to it and only a few recognize it.
newbie
Activity: 42
Merit: 0
Bitcoin will eventually be the world's currency, because "you have to think it's going to infinity," and there are not my words, so said the CEO of the cryptocurrency exchange Kraken, you've got to believe that  Wink
National currencies are already showing extreme signs of weakness so people should soon start measuring the price of things in bitcoin.
sr. member
Activity: 1778
Merit: 309
Yes, It can be expected that cryptocurrency will be a Global currency in the future.
 The BTC will be the father coin and there will be a lot of sub coins.
 Cryptocurrency is a unique kind of currency that has great potential.
It has an attraction for all ages of life. It has a great opportunity for those who want to do something and desire to step forward.
Moreover, It has equal chances for poor or rich for development .
This currency has brought a revolutionary change in the world of business and trade.
It promotes a positive activity also.


Yes mate, I reckon that bitcoin will bring a revolutionary change in our world in the near future to come and bring equal opportunities even in a poor community. As expected bitcoin will soar high and it is indeed a coin in the future. But I don't think that it will he a global currency that will make people to get up to their fiat yet. There will be always some people that will choose fiat over crypto to be a form of payment wether it will be a salary or to buy things. Crypto will used as an online currency for online transactions and can be used to invest. But I know that things will change soon, hopefully just like we wanted.
legendary
Activity: 1512
Merit: 7340
Farewell, Leo
Will Cryptocurrency be a Global Currency in the Future?
What it must adhere to in order for a currency to be global? Maybe, global usage? If that's so, I think the cryptocurrency industry pretty much does.

Moreover, It has equal chances for poor or rich for development
Hmm... Equal's a tough word. If you mean that it can't rob you, same way banks do, then yes. Otherwise, every enthusiast who found out about it in 2011 is already above an enthusiast of 2021. It has a hierarchical shape, we ought to admit it.
full member
Activity: 574
Merit: 125
I dont think that bitcoin can be the global currency in the future, I believe that bitcoin will only be the best asset among other assets, it can replace gold as most of the big investors now are in cryptocurrency, this is because we have seen a great potential of bitcoin, what more if we will have the fully mass adaption. Cryptocurrency is just an alternative for fiat currency but not to the point that it will replace fiat.
sr. member
Activity: 1484
Merit: 277
Yes, It can be expected that cryptocurrency will be a Global currency in the future.
 The BTC will be the father coin and there will be a lot of sub coins.
 Cryptocurrency is a unique kind of currency that has great potential.
It has an attraction for all ages of life. It has a great opportunity for those who want to do something and desire to step forward.
Moreover, It has equal chances for poor or rich for development .
This currency has brought a revolutionary change in the world of business and trade.
It promotes a positive activity also.

It is possible that maybe BTC could be a global currency in the future. As we observed nowadays, technology is developing or improving that would be the best solution to gain or earn. From the level of widespread adoption and acceptance it is easy to presume such things to happen. But, let's not forget the growing popularity in cryptocurrency that BTC was the main head and father of all cryptocurrencies. So if there's such thing or cryptocurrency that is going to be a global digital currency in the future, no doubt it will be Bitcoin. Maybe there's a lot of issues on it but still BTC overcome those issues and still continue to be unique among other currencies.
hero member
Activity: 2072
Merit: 656
royalstarscasino.com
One of the goals is to be a global payment method that can make payments and transactions around the world easier and speedier.
However, can it be?
It may happen in some countries that legalize cryptocurrency as a currency, as a payment method. It will be very difficult because many countries or governments may restrict the use. Because they will prefer to maintain their own fiat centralized or their CBDC.
But once more, we don't know the future. And there is still a probability.
Crypto may be a global currency, but one of the global currencies, not the only one and will be limited in some certain countries.
member
Activity: 753
Merit: 15
mulierum.com
it can happen because we don't know what will happen in the future but maybe it will be difficult. we know that becoming a global currency requires recognition from all countries to be able to accept it and today there are still some countries that are against crypto. it is not impossible that it will happen but it will be more difficult to happen. basically crypto is an asset for investment and it is growing from time to time as a transaction as well as in some cases. so let's just follow how the development of crypto itself and focus on each other's goals.
sr. member
Activity: 2506
Merit: 368
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Jeez, am I back in 2017? These are the threads that pops up when I first read around here in BTC Discussion board.

OP, even if you think about it happening, I prefer it to be not. Do not let the regulation come by from that "global adoption" that you are imagining. I do not want any authorities involved in my holdings. My coin, my responsibility.
Totally ironic i would say but people do really love that part but we cant really deny that there are services which we do really much prefer specially dealing off with crypto to fiat transactions but we shouldnt
really anticipate much that everything would be regulated but of course those platforms which are involved will typically be having this kind of normal transactions but in overall
it wouldnt really come into a point on where it could be a global currency in the future but instead it would really be a good option instead.
I just realized something that what if the government ask us to submit our portfolio to them because if not they will punish us or put us in jail just for that. Hell no, they shouldn't touch my belongings since it's kinda breaking our security and privacy in the first place.

And can we stop thinking that Bitcoin would dominate or remove fiat completely in the future since I don't think the government will allow that. And also, not every country accept Bitcoin as a legal tender especially China so quit imagining things that's almost impossible to happen.
legendary
Activity: 2688
Merit: 1192
Yes, It can be expected that cryptocurrency will be a Global currency in the future.
 The BTC will be the father coin and there will be a lot of sub coins.
 Cryptocurrency is a unique kind of currency that has great potential.
It has an attraction for all ages of life. It has a great opportunity for those who want to do something and desire to step forward.
Moreover, It has equal chances for poor or rich for development .
This currency has brought a revolutionary change in the world of business and trade.
It promotes a positive activity also.


It's a bit of a strange premise to put forward. Bitcoin already is a global currency, perhaps more so than any other currency in the world. I would say that Bitcoin is more of a test scenario and will ultimately be supplanted by other cryptocurrencies in future that have more units available. Even with all the decimal places, as the price rises and the amount of coins diminishes, it will become less desirable as a functional currency. There are a few different ways it could go, it may eventually result in such large consolidations within ecosystems like Paypal gaining large control over transaction flows or people simply seeing better functionality in upcoming altcoins.
hero member
Activity: 2688
Merit: 540
DGbet.fun - Crypto Sportsbook
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Jeez, am I back in 2017? These are the threads that pops up when I first read around here in BTC Discussion board.

OP, even if you think about it happening, I prefer it to be not. Do not let the regulation come by from that "global adoption" that you are imagining. I do not want any authorities involved in my holdings. My coin, my responsibility.
Totally ironic i would say but people do really love that part but we cant really deny that there are services which we do really much prefer specially dealing off with crypto to fiat transactions but we shouldnt
really anticipate much that everything would be regulated but of course those platforms which are involved will typically be having this kind of normal transactions but in overall
it wouldnt really come into a point on where it could be a global currency in the future but instead it would really be a good option instead.
member
Activity: 560
Merit: 57
Cryptocurrencies are our future also. Even governments are doing some research for making their own digital currencies. Because they don't want to be left behind by the other countries in the future. It is inevitable that fiat currencies will be history at some point. They can't maintain themselves forever. Even if they don't wear off, governments will stop using them at some point and replace them by digital ones.
sr. member
Activity: 1610
Merit: 264
~
Jeez, am I back in 2017? These are the threads that pops up when I first read around here in BTC Discussion board.

OP, even if you think about it happening, I prefer it to be not. Do not let the regulation come by from that "global adoption" that you are imagining. I do not want any authorities involved in my holdings. My coin, my responsibility.
full member
Activity: 1358
Merit: 104
Yeah,I Think Cryptocurrency will be global currency in the Future. Bitcoin already proved his value. Bitcoin is most valuable coin in crypto market. Some country's bitcoin uses legally and they are interested in crypto. Bitcoin investment increase day by day.For me,want to cryptocurrency to be global currency.
member
Activity: 139
Merit: 10
Yes, It can be expected that cryptocurrency will be a Global currency in the future.
 The BTC will be the father coin and there will be a lot of sub coins.
 Cryptocurrency is a unique kind of currency that has great potential.
It has an attraction for all ages of life. It has a great opportunity for those who want to do something and desire to step forward.
Moreover, It has equal chances for poor or rich for development .
This currency has brought a revolutionary change in the world of business and trade.
It promotes a positive activity also.

I think not entirely the currency will be a global currency because there are many other currencies especially fiat .BTC is very difficult to replace fiat most of the CBDC will also be loved by the governments of the country like . because this CBDC only runs on blockchain, it can only make the country's finances transparent and clear. I think each type of coin has its own function and nature we should not compare fiat and BTC anymore.
hero member
Activity: 3052
Merit: 606
Will Cryptocurrency be a Global Currency in the Future?
The answer is yes
Because right now, Cryptocurrency especially Bitcoin has been also used as a currency in some certain countries in which Bitcoin is legal tender as currency.
However, will it be for all countries?
I don't know enough, for we know that many countries still ban crypto and most of them don't legalize Bitcoin or another crypto as a currency of their country. Most countries have their own fiat that is centralized. But cryptocurrency is decentralized mostly.
that is why not all countries may use this as a currency.

But once more, we will not know what will happen in the future. Let's wait and see.

Moreover, It has equal chances for poor or rich for development.
This currency has brought a revolutionary change in the world of business and trade.
It promotes a positive activity also.
Making crypto as a currency is not as easy as this. There must be a regulation over the crypto that will be used as a currency. We cannot only use it for payment. Most countries will make certain regulations of using crypto as currency. ANd this may be complicated. And the government will also think that it will be difficult and hard to control the use of cryptocurrency if as a currency or payment.

But actually, this is not impossible. Because we know what happens to El Salvador and other countries that have been implementing this.
But it may be difficult enough as what happened in my country and others probably.
I believe it has its own chances to be a global currency in the future once its massive adoption will be inevitable. If majority of the big and developed countries will be adopting bitcoin, then that will be an edge making bitcoin as a global currency. But definitely, the process will be very tough. There will be big adjustments in the payment system and if the governments will only consider the value of bitcoin, then things might be smooth sailing in the process.
Ucy
sr. member
Activity: 2674
Merit: 403
Compare rates on different exchanges & swap.
Bitcoin/crypto is already a Global Currency, I guess you are referring to Bitcoin becoming a major One World Currency that makes most Nations abandon their national currencies for it. I think the nations would want to have centralized control over Bitcoin to let that happen, which is not what Bitcoin was built for.
Bitcoin can however remain the main global cryptocurrency in Crypto space with fiats existing in their own space.
member
Activity: 352
Merit: 18
Pepemo.vip
Yes, It can be expected that cryptocurrency will be a Global currency in the future.
 The BTC will be the father coin and there will be a lot of sub coins.
 Cryptocurrency is a unique kind of currency that has great potential.
It has an attraction for all ages of life. It has a great opportunity for those who want to do something and desire to step forward.
Moreover, It has equal chances for poor or rich for development .
This currency has brought a revolutionary change in the world of business and trade.
It promotes a positive activity also.

I want cryptocurrency to be a global currency in the future. I am in favor of cryptocurrency. Because cryptocurrency has some qualities. You are right, It eliminates the inequality of the rich and the poor. Cryptocurrency is a world of financial prosperity. So I want cryptocurrency to be a global currency in the future.
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