Can the cryptocurrency be the dominant currency surpassing EUROS AND DOLLARS?

[Shahinaz]

there will never be an opportunity for bitcoin to replace fiat in real life in transactions, because the value of 1 bitcoin is difficult to predict and its value is not fixed like fiat money

[mlawson71]

Bitcoin's transaction volume has actually already surpassed that of PayPal, and it is predicted to surpass those of Visa and MasterCard, which largely operate with fiat currencies, by 2026. So can it surpass the EUR and the USD? Maybe. One day, why not.

[Noverteno]

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.

Bitcoin cannot dominate the national currency of states in the global financial system, since states will not allow it to do this even if it had such an opportunity. States have enough leverage to prevent this from happening. A decentralized cryptocurrency does not need to conflict with states and its monetary system. This will always be a losing bet for cryptocurrency. It will be better if the cryptocurrency coexists peacefully with the currencies of states.

[Callisto]

It is unlikely to become the dominant currency in the fiat world, but it has definitely become the most speculative one. All traders in the world prefer to trade in cryptocurrency, it has taken the lead in this world and will never give up its niche to anyone.

[Ghozrd]

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.

Of course you can friends, in the future the Metaverse world provides many opportunities to develop crypto currencies, there Fiat will probably not be used, some countries will make a lot of regulations after that happens, I can't wait to see more coins that will be created in the years to come. Euro and USD will still be the choice to buy goods in the real world, we have seen a lot of changes happening today

[Anonylz]

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.

I know sometimes we like to say ANY THING CAN HAPPEN but not this one. If you understand what the ECONOMICS of a Nations POWER is, then you wouldn't even ask this kind of question with regards to something that is Decentralized, Not owned by a single person or country, Forget it, No World power Nation will allow Bitcoin to be a Dominant currency over their own Fiat.