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Author Topic: Bitcoin will be a single world currency?  (Read 21190 times)

Offline alltalk

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Re: Bitcoin will be a single world currency?
« Reply #30 on: October 27, 2020, 11:30:13 PM »
Bitcoin isn't a single coin to survive and improve in the future. Altcoins also will follow Bitcoin as they are also important and have influence in crypto space. I really believe that people now need altcoins and they don't want to lose them. Moreover, I cannot imagine if no alcoins in this world, how Bitcoin can struggle alone. Altcoins should be always there to support Bitcoin, mate.
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Re: Bitcoin will be a single world currency?
« Reply #30 on: October 27, 2020, 11:30:13 PM »

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Offline Quantum X

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Re: Bitcoin will be a single world currency?
« Reply #31 on: October 28, 2020, 03:39:53 AM »
The possibility for this remains unclear as long as bitcoin holds the decentralized position and another reason is its volatility. Because these two is the great weakness though the strength at the same time.

Offline ranaprime

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Re: Bitcoin will be a single world currency?
« Reply #32 on: October 28, 2020, 07:32:22 AM »
Decentralized cryptocurrency cannot become a global world currency that would be used by all states and their bodies in the world. It cannot even be on the scale of an individual state. Country budget planning and execution in a decentralized cryptocurrency with its high price volatility is impossible. And not a single state will ever allow someone else's currency, and even cryptocurrency, to use its territory as the main means of payment.
National money is an integral attribute of statehood. The state will not have its own currency, it can be considered that half of the state already depends on other states. It is very serious. Therefore, the state will destroy anyone who encroaches on its financial independence.
I agree with the fact. Decentralized cryptocurrency cannot become a global world currency.

Offline smt_nirwana_01

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Re: Bitcoin will be a single world currency?
« Reply #33 on: October 28, 2020, 07:43:45 AM »
I think we can see bitcoin as a single currency in the future, which has attracted the attention of presidents and all large companies in the world. I think crypto coins are a part of my life now.

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Re: Bitcoin will be a single world currency?
« Reply #34 on: October 28, 2020, 08:49:11 AM »
I think that is not possible because the limited supply will make it difficult for bitcoin to become a digital currency.

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Re: Bitcoin will be a single world currency?
« Reply #35 on: October 28, 2020, 01:24:44 PM »
I think bitcoin also needs friends like altcoins. Because the crypto market will also be crowded when there are altcoins not only bitcoin. And it will be difficult for bitcoin to stand on its own.
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Offline therozaq

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Re: Bitcoin will be a single world currency?
« Reply #36 on: October 28, 2020, 03:03:39 PM »
The possibility for this remains unclear as long as bitcoin holds the decentralized position and another reason is its volatility. Because these two is the great weakness though the strength at the same time.

Yes, I also agree with you. Volatility is the reason cannot be a single world currency. No one cannot control bitcoin . It will affect the stability of economic. I think the government will not take the risk. So, they will create own coin, like altcoin.
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Re: Bitcoin will be a single world currency?
« Reply #36 on: October 28, 2020, 03:03:39 PM »


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Re: Bitcoin will be a single world currency?
« Reply #37 on: October 28, 2020, 11:18:51 PM »
Never, because there are many currencies in this world. Bitcoin is decentralized and the government will never allow it to happen. BTC will be one of the currencies in this world. But it is not only the one. There are still many currencies and also digital currencies that probably government will issue
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Re: Bitcoin will be a single world currency?
« Reply #38 on: October 31, 2020, 10:52:10 AM »
It is right that bitcoin is more acceptable than anyother coin. Many countries have already permitted bitcoin. But it does not proves that no other coin will exist. We know some altcoins have already got popularity. A lot of investors are investing on it. Ethereum is the best among them. These altcoin will also be accepted soon.

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Re: Bitcoin will be a single world currency?
« Reply #39 on: October 31, 2020, 11:14:28 AM »
Never, because there are many currencies in this world. Bitcoin is decentralized and the government will never allow it to happen. BTC will be one of the currencies in this world. But it is not only the one. There are still many currencies and also digital currencies that probably government will issue
agree, it is difficult to be able to monopolize a currency because every country has different needs. not necessarily recognized in one country, but also recognized in other countries, even though it is well known because each country has its own rules.
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Re: Bitcoin will be a single world currency?
« Reply #40 on: October 31, 2020, 12:56:23 PM »
In fact, maybe it could become single coins in the world. However, it would be wonderful if bitcoins existed and altcoins remained. Because both of them complement each other, if they continue to exist, these two cryptos will be even more colorful and beautiful.
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Offline UNIVERSE

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Re: Bitcoin will be a single world currency?
« Reply #41 on: October 31, 2020, 11:04:26 PM »
If we talk about the probability to be a big payment and currency for global transactions, yes it can be. But, if to be the single world currency, it will not. Bitcoin is a very amazing digital currency, But,t his doesn't have enough power to replace fiat in which there is a great backend by the government. Countries will never allow to it happen

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Re: Bitcoin will be a single world currency?
« Reply #42 on: October 31, 2020, 11:42:43 PM »
The future life must be more complicated than today, we cannot rely on a single currency. I am sure that Bitcoin won't be a single currency even if it becomes a global currency in the future. There should be other currencies and it is a real one, I mean printed currency. People cannot use a digital currency everywhere, they need physical currency.
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Offline Arendra

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Re: Bitcoin will be a single world currency?
« Reply #43 on: November 01, 2020, 02:17:31 AM »
It will be difficult for bitcoin to stand alone, especially now that there are many altcoins that complement bitcoin. Because of the high price, if there were no altcoins, the smaller players would be lost because they couldn't afford to invest in bitcoin. and this will reduce the amount of investment in crypto. So that crypto could die.
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Offline gODZILA72

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Re: Bitcoin will be a single world currency?
« Reply #44 on: November 01, 2020, 06:36:55 AM »
This is a great idea, but many people in our world do not even have the Internet and a device to install a wallet, we are still far from that (
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