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Author Topic: Bitcoin will be a single world currency?  (Read 21319 times)

Offline Zero0

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Re: Bitcoin will be a single world currency?
« Reply #120 on: December 12, 2020, 07:44:52 AM »
No. Bitcoin will never be a single currency in the world. It will become a digital currency that helps people around the world transaction easier. But this will not be going to be a single currency. There will be still fiat and some top altcoins for implement together
You are right I also think Bitcoin cannot be a single currency. Yes Bitcoin is very popular. This bitcoin is the number one coin in the cryptocurrency world. So it cannot be said that Bitcoin will remain in the cryptocurrency alone. In the near future we may see a few currencies in the market as Bitcoin competitors. Although now Bitcoin has no competitors. It's just my personal opinion. Sorry if wrong.

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Re: Bitcoin will be a single world currency?
« Reply #120 on: December 12, 2020, 07:44:52 AM »

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Re: Bitcoin will be a single world currency?
« Reply #121 on: December 14, 2020, 08:16:09 AM »
There is no doubt that Bitcoin is a popular currency, Bitcoin is gaining much more popularity all over the world. I don't think there can be any currency equivalent to Bitcoin.

Offline ice18

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Re: Bitcoin will be a single world currency?
« Reply #122 on: December 14, 2020, 09:52:14 AM »
No. Bitcoin will never be a single currency in the world. It will become a digital currency that helps people around the world transaction easier. But this will not be going to be a single currency. There will be still fiat and some top altcoins for implement together
You are right I also think Bitcoin cannot be a single currency. Yes Bitcoin is very popular. This bitcoin is the number one coin in the cryptocurrency world. So it cannot be said that Bitcoin will remain in the cryptocurrency alone. In the near future we may see a few currencies in the market as Bitcoin competitors. Although now Bitcoin has no competitors. It's just my personal opinion. Sorry if wrong.
Im sure US will not let this happen of course they want to a monetary system which is controlled by them if Bitcoin will become single currency then it will become scarce and price will be at 100x from the current price now btc will be very expensive once this happens.   
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Re: Bitcoin will be a single world currency?
« Reply #123 on: December 14, 2020, 09:58:40 AM »
There is no doubt that Bitcoin is a popular currency, Bitcoin is gaining much more popularity all over the world. I don't think there can be any currency equivalent to Bitcoin.

I think Bitcoin has potential to be a single  world currency. Bitcoin is so popular and going strong. Bitcoin has high demand ,many investors already buy more bitcoin and hold it now. By seeing bitcoin is limited supply and high demand, I believe Bitcoin price will rise.

Offline Herry

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Re: Bitcoin will be a single world currency?
« Reply #124 on: December 14, 2020, 03:12:32 PM »
I think it will not be possible because of course it will cause price inflation and of course must have a very large supply.
Yes brother you are right it will never be possible. Because the crypto market cannot run with just bitcoin. I agree with you. There is a demand for all currencies in the crypto market. And cryptocurrency with bitcoin alone is not possible. I hope you understand this well. The senior brothers have responded nicely to this issue. I hope you have read and understood them. Thanks.
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Offline mlawson71

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Re: Bitcoin will be a single world currency?
« Reply #125 on: December 14, 2020, 05:17:09 PM »
The G7 countries are already pushing for global crypto regulation. We'll see what effect that will have on Bitcoin.

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Re: Bitcoin will be a single world currency?
« Reply #126 on: December 15, 2020, 04:47:30 PM »
The G7 countries are already pushing for global crypto regulation. We'll see what effect that will have on Bitcoin.
They cannot make any other decision, because they only want to control, not prohibit. On the one hand, a ban on cryptocurrencies is unrealistic, because the black market for cryptocurrencies will be even worse for governments, and some control is still better for the users of cryptocurrency themselves, since it provides more opportunities for using cryptocurrency in everyday life.

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Re: Bitcoin will be a single world currency?
« Reply #126 on: December 15, 2020, 04:47:30 PM »


Offline mlawson71

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Re: Bitcoin will be a single world currency?
« Reply #127 on: December 15, 2020, 05:57:31 PM »
They want regulation though, not a ban. Regulating cryptos doesn't mean they'd get totally banned. They'd probably get taxed though. :D

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Re: Bitcoin will be a single world currency?
« Reply #128 on: December 15, 2020, 07:40:30 PM »
In my opinion, Bitcoin will never be the only cryptocurrency in the world. Because even though Bitcoin has no competitors now, in the future we may see some coins as Bitcoin's closest competitors. There are now over a thousand cryptocurrencies around the world.
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Offline pealr12

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Re: Bitcoin will be a single world currency?
« Reply #129 on: December 15, 2020, 09:49:43 PM »
I don't think this will be possible anymore because some countries are creating their own crypto because they want a more stable coin as a currency for transaction which they can control and regulate, since they can't do this with btc.

Offline Rain075

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Re: Bitcoin will be a single world currency?
« Reply #130 on: December 15, 2020, 10:51:29 PM »
This Bitcoin will achieve many popularity all over the world in the way Bitcoin has started to grow. We have seen this Bitcoin, but in the number one position in all coins markets. However, if the legitimacy is validated in all countries of this world, it will be considered as a popular. Then this Bitcoin will be the best to everyone.
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Re: Bitcoin will be a single world currency?
« Reply #131 on: December 16, 2020, 08:06:25 AM »
Bitcoin is the top currency in which peoples will invest their money and they start trading and earn money on daily basis and also so many peoples will hold the Bitcoin becasue they know that in future the BTC price go high and that time they sell it in a good price.

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Re: Bitcoin will be a single world currency?
« Reply #132 on: December 16, 2020, 09:11:12 AM »
Bitcoin is the top currency in which peoples will invest their money and they start trading and earn money on daily basis and also so many peoples will hold the Bitcoin becasue they know that in future the BTC price go high and that time they sell it in a good price.
Well this is the time when we should trade short term. I believe you will make a lot of money from it. But the price of Bitcoin is not yet known whether to increase further in the near future
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Re: Bitcoin will be a single world currency?
« Reply #133 on: December 16, 2020, 09:27:18 AM »
For many years now, the use of a single globalized currency has been suggested, implying the previous modification of Bitcoin for this new millennium.
Adapting Bitcoin as a single unified world currency is very possible only that its adaptation time is lengthening as much as possible, in fact many people already see this asset as the replacement of this financial system that has been implemented for years.
Being prepared for a new united and globalized financial system is paramount, since it is the recurring reality that is being loaded every day that passes.
Bitcoin is already a fact, only the community will determine its future.
So the user determines the future of Bitcoin. But with its transparency as well as its multidisciplinary settlement, its future will flourish even more, but to be a common partner of the whole world, you have to wait much longer.

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Re: Bitcoin will be a single world currency?
« Reply #134 on: December 16, 2020, 10:02:38 AM »
For many years now, the use of a single globalized currency has been suggested, implying the previous modification of Bitcoin for this new millennium.
Adapting Bitcoin as a single unified world currency is very possible only that its adaptation time is lengthening as much as possible, in fact many people already see this asset as the replacement of this financial system that has been implemented for years.
Being prepared for a new united and globalized financial system is paramount, since it is the recurring reality that is being loaded every day that passes.
Bitcoin is already a fact, only the community will determine its future.
I believe a lot of people think there will be a common currency for the future, but in my opinion it is very difficult. Look at the Ero, although there are many uses it as a common currency but it still does not surpass the dollar

 

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