Could Bitcoin Become a New Global Currency?

[lepbagong]

Bitcoin become like US dollars the world currency? I don't think so because you know bitcoin is so volatile and the transaction fee is really high. I'm sure the government will not allow this to become global currency.

too early, I agree with your opinion buddy. because in order to become a world currency, of course it needs to meet many criteria that can be done. Bitcoin is still not and there are still many improvements to be able to get a predicate like that. many countries still do not recognize it as a legal transaction and some only recognize it as trade.

There is still a need for regulations from each country to be able to recognize and accept bitcoin because without clear regulations it is difficult to regulate and supervise bitcoin trading and new problems can arise in that country.

[Angel jara]

Bitcoin is already a global digital currency and investment. Billionaires and institutions poured huge amount of fiat as an investment but could also be used as a currency in the future when cashless society comes unto each backyards. Bitcoin will become a new global currency soon. I see bitcoin has high demand and more popular. I believe bitcoin will gain popularity with the time. And time will tell about the progress of bitcoin..

[Brithyislam]

Bitcoin will be able to become an asset for the future. Which is indeed the investment and the economic system will be much more organized and more and more people will invest in Bitcoin.bitcoin has been talked about by many people and many large investors and large companies are investing in bitcoin

[Freemind]

Bitcoin is already a global digital currency and investment. Billionaires and institutions poured huge amount of fiat as an investment but could also be used as a currency in the future when cashless society comes unto each backyards. Bitcoin will become a new global currency soon. I see bitcoin has high demand and more popular. I believe bitcoin will gain popularity with the time. And time will tell about the progress of bitcoin..

To be a global currency, Bitcoin would have to be accepted by all governments in the world and sadly, that will never happen. Bitcoin is a currency of global use, and that can be used all over the world, which is very different. We must be clear about the difference between these two concepts so as not to be wrong.

[Brithyislam]

Bitcoin is already a global digital currency and investment. Billionaires and institutions poured huge amount of fiat as an investment but could also be used as a currency in the future when cashless society comes unto each backyards.  I believe bitcoin will gain popularity with the time. And time will tell about the progress of bitcoin.

[Suma Islam]

It is not impossible that the way Bitcoin's price is rising, it is normal for its transaction fee to increase a little.  Bitcoin to behave in a way that would put all cryptocurrency-related transactions at risk.

[Vx1]

Bitcoin is a new global currency, but in the form of a digital currency. We can use Bitcoin anywhere, as long as there is an internet network and the use of Bitcoin is not prohibited. But unfortunately, currently not many use Bitcoin for transaction tools, and most only use it as a trading and investment tool for profit. And after them for then pull it in the form of Fiat, and it looks like Bitcoin and Fiat are inseparable.

[Alcor]

As more countries begin to adopt this innovative technology, it’s clear that Bitcoin has the potential to become the new global currency not tied to a specific country or central bank

It depends on what we mean by the term "new world currency". From the point of view of states, they are unlikely to use bitcoin as a means of payment in international transactions. Most likely, digitized national as well as regional currencies will be used for this.
However, for citizens, bitcoin has long become a world currency, since it is used by them anywhere in the world without any restrictions regarding borders.

[TopT3ns]

if made a global currency in my opinion it will not be possible because bitcoin has a very limited supply so that it will cause very terrible inflation if bitcoin is used as a global currency, bitcoin will actually still be an alternative digital currency that can be used for transactions.

[Centus]

Bitcoin has already been converted into a global currency. Currently, the demand and popularity of Bitcoin has increased a lot. There are bitcoin transactions in such businesses and large companies. Considering the good aspects of Bitcoin, it can be seen that Bitcoin has started to make an impact. One of the most popular mediums worldwide is the Bitcoin transaction. So it goes without saying that Bitcoin has become a universal and global currency.

[dekafee79]

if made a global currency in my opinion it will not be possible because bitcoin has a very limited supply so that it will cause very terrible inflation if bitcoin is used as a global currency, bitcoin will actually still be an alternative digital currency that can be used for transactions.

You're right, bitcoin is limited supply So I think bitcoin will never been global currency.
I think bitcoin will be global asset but not for currency.
Almost all countries has own currency and they still believed in dollar, Euro for their trading value.

[Afony]

In a sense, it already is, most use this currency even bypassing the state in which it is not allowed to use it. If this happens, and it will happen sooner or later, it would facilitate money transfers in banks and simple online purchases.

[elbans89]

if made a global currency in my opinion it will not be possible because bitcoin has a very limited supply so that it will cause very terrible inflation if bitcoin is used as a global currency, bitcoin will actually still be an alternative digital currency that can be used for transactions.

You're right, bitcoin is limited supply So I think bitcoin will never been global currency.
I think bitcoin will be global asset but not for currency.
Almost all countries has own currency and they still believed in dollar, Euro for their trading value.

I don't agree mate, I think bitcoin has potential become a new global currency.
But maybe global digital currency, not replace fiat money.
I think bitcoin is so popular and  be trend news.
So, don't underestimate in bitcoin.

[Paglamon]

Bitcoin has already been converted into a global currency. Bitcoin has become much more popular all over the world. So it goes without saying that Bitcoin has gained a lot more popularity all over the world. The use of Bitcoin is constantly increasing in every case. So I think gift coins have become a global currency.

[naitik01]

Bitcoin is on the way to become a new global currency, some countries such as El Salvador have declared it legal, and have also started accepting bitcoin.