Could Bitcoin Become a New Global Currency?

[Jentot]

Slowly but surely goes to this

Yes people will slowly adapt in this new kind of currency. In our country we can use Bitcoin as payment already by using an specific apps, we can pay bills,buy load, buy game credits, shopping and etc, We can also use ETH,XRP and BCH as an payment. But many are still not aware because people don't know about crypto currency.

[ranaprime]

According to the situation of Bitcoin and Ethereum I think they are dominating Crypto currency in the Crypto wrold. Bitcoin & Ethereum will be the global currency and I think those are perfect for leading position.I have great attraction to those currencies.

[KJ300]

According to the situation of Bitcoin and Ethereum I think they are dominating Crypto currency in the Crypto wrold. Bitcoin & Ethereum will be the global currency and I think those are perfect for leading position.I have great attraction to those currencies.

Hi, I'd like to hear your opinion about the reason why bitcoin and therium are so popular. Are they the first crypto currencies or so?

[Octoalts]

Changing times are so fast, technology is getting more and more sophisticated, everything is computer and internet.  Should see this very rapid development, Bitcoin is worthy of becoming a new Global currency. Not that the presence of Bitcoin is killing the popularity of FIAT, but Bitcoin and Fiat should be able to walk together according to their respective functions.

[gunhell16]

In my own perception, Bitcoin was already a global currency now. How did it happen? look around you, especially if you search it on google a lot of countries nowadays are bitcoin accepted including my country and together with other cryptocurrencies as well.
This was showed that the impact of Bitcoin has a big influence and can also give a good contribution in each countries economy from my point of view.

[Tranquility]

The United Nations could create their own cryptocurrency and slowly, over time, move everyone to this new currency. It may be difficult, but possible. I don't think bitcoin would be used. Maybe a fork?

[Mexite]

Bitcoin is the king among cryptocurrencies and can only be adopted on a large scale among users across the world but for governments to adopt it as official currency (digital) is almost impossible. If countries become more crypto friendly in the future, they'd rather issue their own cryptocurrency than using BTC.

[Delgado]

States will never recognize and will not use a decentralized cryptocurrency as the world's currency. Most likely, they will use their stablecoins, not only national ones, but also regional ones, as China, South Korea, Japan and Hong Kong are doing now.

[Bobcrypto]

I personally doubt the possibility of Bitcoin becoming a global currency. Bitcoin is a cryptocurrency, an electronic money. It is a decentralized digital currency that can only accessed through the internet.
Many people who had no basic education, the aged men and women and the people in the remote areas of the world may not be able to use Bitcoin if it becomes a global money. I think these factors has to be address before Bitcoin could be used as a global money.

[hair]

I personally doubt the possibility of Bitcoin becoming a global currency. Bitcoin is a cryptocurrency, an electronic money. It is a decentralized digital currency that can only accessed through the internet.

Yeah.Bitcoin cannot be controlled by anyone while the finances of a country must be controlled by a financial institution. It is impossible for bitcoin to become a global currency.

[Jamie07]

Weather we like it or not Bitcoin might have face more difficulties to become global currency as the supporters want it to be. Maybe there will be a time that cryptos will be accepted to many countries as a payment method. This will be a good motivation to push through than Bitcoin to be a global currency. One if the reason is Bitcoin price is simply so volatile and unstable, and obcourse many bank governors and their financial istitution will have more arguments about the said plan. And we have different money that also represent each of every country in the world. Let's just work hard to make our governments to loosen the regulations on crypto to be able to use it on our daily lives.

[Renampun]

I didn't think Bitcoin can become a global currency until now...
one of the obstacles is the high fee and the length of transaction processing. the more days I believe Bitcoin is not suitable for use as a means of payment, Bitcoin is more suitable to be used as an asset.

[Dora Walletinvestor]

The United Nations could create their own cryptocurrency and slowly, over time, move everyone to this new currency. It may be difficult, but possible. I don't think bitcoin would be used. Maybe a fork?

I think it is more likely that individual countries will create their own digital currencies. One single world currency does not sound realistic to me, maybe I'm wrong but it would be extremely hard if not impossible to reach a consensus (and I don't think the UN has the power to enforce something like this), and it would be too drastic a change for the world's markets.

[yemight62]

Even though it's not currently globally acceptable as some countries still considered it a threat.  But it's only a matter of time before it becomes globally acceptable.  This is one of the things that might makes it happen.
1.  When the energy used in fiat transaction becomes unavoidable
2.  High cost of paper money printing
3.  High increase in the exchange of crypto for goods and services.
Let's see if we can get there quickly

[Fivestar4everMVP]

It sure will happen sooner than later, Bitcoin and crypto in general have caught the eyes and interest of many big companies, investors and governments alike, some countries are now looking for ways bitcoin can be implemented in their payment system so they could make more money through taxing the citizens .
So for sure, Bitcoin will surely become a global currency sooner than later .