Could Bitcoin Become a New Global Currency?

[smrityirany]

Bitcoin is a digital currency. Many of the countries have approved it's for their transection and some countries including developed countries have shown their interest about bitcoin for their transection money. Day by day they global village being digitalized. So I think in near future bitcoin can be a global currency.

[rahi14]

Bitcoin will eventually be a global currency - and a $1 million price target within the next 10 years is 'very reasonable,' Kraken CEO says. Bitcoin will eventually be the world's currency, Kraken's CEO, Jesse Powell, told Bloomberg

[DAMKAR]

Bitcoin will eventually be a global currency - and a $1 million price target within the next 10 years is 'very reasonable,' Kraken CEO says. Bitcoin will eventually be the world's currency, Kraken's CEO, Jesse Powell, told Bloomberg

Yes, I also agree bitcoin will be a new global currency. As krakens CEO said, I agree bitcoin will be. We all know bitcoin has high demand and always maintain its position be the King of crypto currency..

[IyemRoker]

Bitcoin cannot be a global currency because Bitcoin is more precisely an asset.
Asset as a fund that can be guaranteed and that money is more directed to the capital foundation of a country.
Bitcoin cannot be a global currency because Bitcoin will forever be a digital asset. This is only in my view because the global currency must have a country.

[Seerge]

Of course and that has already happened to Bitcoin, Bitcoin is now a new Global currency. The proof is that we can use Bitcoin anywhere as long as that place has accepted Bitcoin as a legal means of payment. What is still an obstacle at this time is, the legality of the government of a country so that there are some people who are worried about the use of Bitcoin.

[alltalk]

Even if Bitcoin seems to not replace fiat totally, but we can say that Bitcoin is the global currency nowadays. People can transfer Bitcoin around the world and in some countries, it is already accepted to be a payment tool. It is a significant improvement in Bitcoin, we can claim that it is already a global digital currency.

[debra]

Yes, it can. In some countries and also merchants, Bitcoin has been used for transactions and also payment methods. Different ith in my country, Bitcoin cannot be used for currency. However, if there many more people will be interested in using the wallet address or currency.

[Ten Ryuu]

Bitcoin had been acknowledged as a currency or mode of payment by different countries.  It is accessible and tradeable worldwide and also being used as payment globally.  It may not replace a country's currency but it acts as global currency since it is being accepted by several countries.

[I-Bit]

Actually, it has been being part of it. We know that Bitcoin is used for the global payment methods used by many people. It is easier than bank or fiat because it doesn't need any complicated rules or regulations. However, it is still limited in several countries in which Bitcoin is legal for currency

[Fenix]

Bitcoin will eventually be a global currency - and a $1 million price target within the next 10 years is 'very reasonable,' Kraken CEO says. Bitcoin will eventually be the world's currency, Kraken's CEO, Jesse Powell, told Bloomberg

For some reason, many believe that the higher the price of bitcoin, the more it will be recognized throughout the world. I do not think so. Few people think about how the states and their governments will react to the increase in the price of bitcoin in comparison with their currency. We can say directly that they will not be happy about it. After all, people have the opportunity to uncontrollably move any amount of money across the border of states, and this will be unacceptable for them. Most likely, over time, they will even take some kind of restrictions in this.
This is also why it is unlikely that for the states themselves, bitcoin will serve as the world currency that they will use when concluding international treaties.
For citizens, yes, bitcoin is already the world's currency.

[Afony]

Bitcoin is already a global currency that is used all over the world, but so far it is not accepted by most countries. Bitcoin needs to open its banks around the world to gain a foothold in this monetary system.

[Lanirex]

Bitcoin will eventually be a global currency - and a $1 million price target within the next 10 years is 'very reasonable,' Kraken CEO says. Bitcoin will eventually be the world's currency, Kraken's CEO, Jesse Powell, told Bloomberg

I also agree with the opinion of the Kraken CEO, Bitcoin will indeed become the new global currency. This is because the times are very fast, and technology is very modern. Everything is completely Digital, and Digital Money is also very much needed. And Bitcoin will be the solution to all these problems.

[zilzylian]

Bitcoin will eventually be a global currency - and a $1 million price target within the next 10 years is 'very reasonable,' Kraken CEO says. Bitcoin will eventually be the world's currency, Kraken's CEO, Jesse Powell, told Bloomberg

I also agree with the opinion of the Kraken CEO, Bitcoin will indeed become the new global currency. This is because the times are very fast, and technology is very modern. Everything is completely Digital, and Digital Money is also very much needed. And Bitcoin will be the solution to all these problems.

If that happened, then Satoshi Nakamoto's goal had been accomplished.
I also hope Bitcoin becomes a currency, but as the price of Bitcoin increases and the number of uses continues to increase, the transaction or sending costs of Bitcoin will increase, this is because many users are using the Bitcoin blockchain, this is where we will have a little problem when users only send Bitcoin worth 10 to 20 dollars

[mlawson71]

I am not sure I understand, why would this be a problem?
Users sending small sums, that is.

[Dark Knight]

 Bitcoin has now received a massive response from people around the world. Satoshi Nakamoto invented this coin.Basically these coins are made through electronic devices.Bitcoin has been gaining popularity since its inception and with it the price of Bitcoin has been rising.Bitcoin has now reached such a stage that Bitcoin is now known to people all over the world Bitcoin is now approved in many countries of the world.In all those countries, anything can be purchased with Bitcoin.As popular as Bitcoin is now, it seems that Bitcoin will soon become known as a global currency.It will even be allowed to use Bitcoin in all countries of the world.