Will it be possible for Bitcoin to be like other national currency?

[ahtashamhero]

We see Bitcoin as the world leading currency in the crypto community, looking at it's high value and popularity will it be possible for Bitcoin to become one of the world currency. Like will it be possible for Bitcoin to be seen, felt, owned and even carried around like the US dollar or any other national currency.
I wish this can be possible, what do you think?

well its impossible for bitcoin to become world currency due it being descentireilzed and government having no control over it
and bitocin also has short supply which is not enough for the world and also bitcoin has acording to crypto expert fixed going down every four years which makes it impossible to become world currency

[Senin]

Without any doubt this is possible mate. Even there is many country right now in this world now legalized BITCOIN as their payment method. In fact, we called it legal tender world wide. Even Russian government now with the btc adoption and they have accept it. But yah sooner or later , Digital currency will be used over world wide and we may see btc adoption every where soon.

Bitcoin and other crypto-currencies can never be similar to the national currencies of states, neither in form nor in their functionality. The recognition of them as a means of payment, although this does not happen so often, has nothing to do with this issue. Cryptocurrency is rapidly gaining its popularity precisely because of its features, which sharply distinguish it from national currencies. Digital form, the possibility of transactions without intermediary banks, relative anonymity, the impossibility of complete control, all this will be lost by cryptocurrency if it looks like national currencies. And so far, this is impossible to achieve.

[KaliLinux]

We see Bitcoin as the world leading currency in the crypto community, looking at it's high value and popularity will it be possible for Bitcoin to become one of the world currency. Like will it be possible for Bitcoin to be seen, felt, owned and even carried around like the US dollar or any other national currency.
I wish this can be possible, what do you think?

Firstly, I don't think Bitcoin can be carried around like the national currency cos it can be only digital and also I don't see bitcoin becoming a world currency even though we already Bitcoin is known all over the world but that global adoption is not there yet. How many stores can we spend BTC in today like we can spend the Fiat currency in our various local regions? Not until that happens which will mean that the Government are in support of Bitcoin then we cant say that it is.

[cashisking86]

It won't ever be allowed to without regulation and I don't see how you can effectively regulate BTC to the extent the governments will want to.

[Zezari]

Why not, now all national currencies are switching to electronic money, so bitcoin can become. Any currency can become like bitcoin, but what's the catch, it can do it.

[lepbagong]

Why not, now all national currencies are switching to electronic money, so bitcoin can become. Any currency can become like bitcoin, but what's the catch, it can do it.

if the question is why not? yes everything can happen and nothing is impossible, but is it realistic? It must be remembered that each country that makes electronic money still refers to the money of the country that issued its electronic money, and is only used in its country.
while bitcoin is nothing to regulate and control, he moves because of the trade that occurs, of course it will be different from electronic money.
It must also be remembered that not all countries can and are willing to accept the use of bitcoin for every transaction.

[MUGNIA]

Why not, now all national currencies are switching to electronic money, so bitcoin can become. Any currency can become like bitcoin, but what's the catch, it can do it.

hello. national currency cannot be equated with bitcoin, because bitcoin is not recognized almost worldwide, different from national money in different countries but is a characteristic of one country, so I don't think bitcoin will ever become a national currency

[Muneeb22]

In future if this is possible then it will be the national currency in just the USA or other powerful country becasue this time this is the world best business where people will invest their money and they multiply their money in just a small time and they change their life through this business.

[Astra]

We see Bitcoin as the world leading currency in the crypto community, looking at it's high value and popularity will it be possible for Bitcoin to become one of the world currency. Like will it be possible for Bitcoin to be seen, felt, owned and even carried around like the US dollar or any other national currency.
I wish this can be possible, what do you think?

well its impossible for bitcoin to become world currency due it being descentireilzed and government having no control over it
and bitocin also has short supply which is not enough for the world and also bitcoin has acording to crypto expert fixed going down every four years which makes it impossible to become world currency

In fact, bitcoin would be enough for all the inhabitants of our planet who would want to use it. After all, there are one hundred million satoshis in every bitcoin. With a shortage of bitcoins, satoshi would go into action, given that the price of bitcoin is very high.
Bitcoin cannot become like a national currency or become an international currency in settlements between states, since it, like other decentralized cryptocurrencies, is completely different from the requirements that apply to the national currency. But it is worth recognizing that it is gradually becoming obsolete. Altcoins are developing rapidly, while Bitcoin is almost standing still in this respect.

[mahadev]

In future if this is possible then it will be the national currency in just the USA or other powerful country becasue this time this is the world best business where people will invest their money and they multiply their money in just a small time and they change their life through this business.

I think it will never happen.
The big country such as USA will allow bitcoin or other crypto currency.
That seems just hoping but forget it.
It's impossible to happen bitcoin will be national currency

[Noverteno]

Without any doubt this is possible mate. Even there is many country right now in this world now legalized BITCOIN as their payment method. In fact, we called it legal tender world wide. Even Russian government now with the btc adoption and they have accept it. But yah sooner or later , Digital currency will be used over world wide and we may see btc adoption every where soon.

No, bitcoin cannot be similar to the national currencies of states. The national currency can also be in digital form, but there are too many differences between fiat and cryptocurrency for them to ever be similar. Cryptocurrency will always be with fiat and fiat will be dominant, at least as long as the state is the form of social structure.
In Russia, with the adoption of cryptocurrency, things are bad, and in connection with the attack on Ukraine, it will be even worse. In order to make it difficult for capital to flow out of the country due to increasing sanctions, it is likely that they will go for a complete ban on cryptocurrencies. Time will tell. But the fact that cryptocurrency will not be completely allowed there is for sure.

[syedrasool2011]

I think so it happen in now days buy it can take time in future it will be may be 2030 I think so now bitcoin in trouble to much so we have to wait for big really in bitcoin so no nothing is possible in now days .

[trendcoin]

It will reach a position above them. It will reach a status like gold and silver. It has the features to do this. I have high expectations from Bitcoin and other major cryptocurrencies. Because humanity needs them too. Inflation and personal banking experience make them the only solution.

[naitik01]

Bitcoin is being successful in making national payments in the form of digital, but it will not become a national currency, it does not seem to be realized yet, because still many countries are not ready to accept it.

[Noverteno]

It will reach a position above them. It will reach a status like gold and silver. It has the features to do this. I have high expectations from Bitcoin and other major cryptocurrencies. Because humanity needs them too. Inflation and personal banking experience make them the only solution.

This will never happen. Cryptocurrency and fiat work in completely different ways. And since all processes in our world are controlled by states and their governments, they will not allow cryptocurrencies to rise above their national currency. Bitcoin cannot be similar to the national currency, because in this case it will lose the current attractive status that the cryptocurrency has. There can be no middle ground between crypto and fiat that would have their common useful features, since these financial assets are simply incompatible.