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Author Topic: Can the cryptocurrency be the dominant currency surpassing EUROS AND DOLLARS?  (Read 9651 times)


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Offline Delgboke

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In my opinion I think that's not going to be possible as its said for me I don't about another person because all these currencies mentioned here have their own uniqueness and what they represent for the world at large which I believe that U.s changes their dollar every year which makes its value to go up, cryptocurrency will always play its role very well.
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Offline IvugeoEvolutionCoin

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well, I really agree with what you say because until now it seems that bitcoin or cryptocurrency cannot be dominant because until now the dominant one is the dollar so keep calm because bitcoin will still be the most expensive of the two coins.

Offline Doctor

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Good morning, fellow mates! The question here is always tickling my mind on what's the possibility of BITCOIN overtaking the US DOLLARS, EUROS AND BRITISH POUND as the dominant and hegemon currency all over the world economy.

When digital era coming , I think It is possible. Crypto currency will dominant currency surpassing EUROS and dollars, But maybe It will happen for the next ten years again. Because euro and dollar are more popular. So, it is difficult.

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Offline Carbitcoin

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Good morning, fellow mates! The question here is always tickling my mind on what's the possibility of BITCOIN overtaking the US DOLLARS, EUROS AND BRITISH POUND as the dominant and hegemon currency all over the world economy.

When digital era coming , I think It is possible. Crypto currency will dominant currency surpassing EUROS and dollars, But maybe It will happen for the next ten years again. Because euro and dollar are more popular. So, it is difficult.
I think that the world is already on that brink, we need to think about the new financial system offered by bitcoin, because any difficulties with the economy, our government first of all solves by increasing the money supply. This does not save the situation, but only aggravates and at the same time devalues all the savings of citizens.
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Offline alltalk

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Why Bitcoin can be dominant? I think Bitcoin to use as a currency isn't as many as Euro or Dollar. So, now isn't the time for Bitcoin to overtake Euro or dollar as the world's currency. Bitcoin is mostly used for digital assets in many countries around the world. Based on this fact, we shouldn't compare it to Euro or dollar as a currency.
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Offline Cryptoz

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Not now, Euro and dollar are still dominant to use around the world. I don't see a chance for Bitcoin to surpass Euro and dollar this time. Moreover, in some countries in the world, Bitcoin is illegal to use as a currency. So, people only can use Bitcoin for digital assets only. This is the fact of Bitcoin.
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Offline I-Bit

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Cryptocurrency is like something new. But the currency owned by each country has been there for a very long long time ago. And can it really replaces this? Of course not. Or surpass it? Not at all. Currency is a means of transaction and payment method. But crypto still has several weaknesses as a payment method. So, for now, it cannot

Offline ayatoslaw

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Good morning, fellow mates! The question here is always tickling my mind on what's the possibility of BITCOIN overtaking the US DOLLARS, EUROS AND BRITISH POUND as the dominant and hegemon currency all over the world economy.
You don't need to think about this, bitcoin and fiat are equally needed by everyone, they don't have to be dominant and superior because they both have their own advantages and disadvantages.
The world economy must adopt the cryptocurrency system to be able to develop to a higher level.

Offline Senin

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No, cryptocurrency cannot be dominant in comparison with the common currencies of states, and even more so such as the dollar or the euro.  Decentralized cryptocurrency is not at all intended to dominate the currencies of states, it is not capable of this, and states would never allow it.  Cryptocurrency can only exist in parallel with the traditional currencies of states and it is no longer capable of it.

Offline pelana vreo

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Looking at Bitcoin that has been accepted by big companies like PayPal, I think Bitcoin will become Bitcoin, and will never compete with fiat currencies.
Although several countries have developed payment systems and smartphone applications such as Uber, the Fiat currency of each country has always been the government's full concern.
Bitcoin will one day become the most sought-after digital currency in the world, because Bitcoin is a very rare coin in the next 5 to 10 years.

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To be honest it is difficult to make it true. because we all know how the power of these two currencies. they are the biggest in the world, influencing many other currencies' value. However, difficult doesn't mean impossible. We don't know someday
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The euro and dollar can never be replaced by bitcoin or cryptocurrency because cryptocurrency is actually only used as a tool for making transactions.
You are right, the euro and the drum can never be replaced by cryptocurrency by bitcoin.  I think cryptocurrency is used for transactions.  The future of cryptocurrency is much better in the next few years.
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Offline Goblin

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Now bitcoin has too small capitalization compared to the dollar and EUR. Therefore, it is too early to say that bitcoin will overtake them.
Bitcoin lags far behind when compared to the dollar and the euro.  Bitcoin is expected to surpass the dollar and euro in the next few days.  Bitcoin will reach their destination.  Will occupy their specific place.
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Good morning, fellow mates! The question here is always tickling my mind on what's the possibility of BITCOIN overtaking the US DOLLARS, EUROS AND BRITISH POUND as the dominant and hegemon currency all over the world economy.

So far this is good topic but the title must be change to something much better which focus on Bitcoin and Fiat.

 

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