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Author Topic: Bitcoin will be a single world currency?  (Read 21380 times)

Offline Jaguar

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Re: Bitcoin will be a single world currency?
« Reply #45 on: November 01, 2020, 01:05:54 PM »
No brother. What is the purpose of altcoins if bitcoin is the single currency in the future?
Aside from that, centralized and decentralized method are different faces. system bursts could happen once each party insisted to become in one.

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Re: Bitcoin will be a single world currency?
« Reply #45 on: November 01, 2020, 01:05:54 PM »

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Offline Quart

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Re: Bitcoin will be a single world currency?
« Reply #46 on: November 01, 2020, 10:45:42 PM »
If Bitcoin becomes a trusted currency globally, I will believe it can be. But, if it becomes the single currency, I don;t think that BTC will defeat fiat. Now, the currency is fiat and the government really protects it. That is why we need to get more ideas about how to store and also sell the BTC for worthier investment.

Offline DAMKAR

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Re: Bitcoin will be a single world currency?
« Reply #47 on: November 02, 2020, 04:51:00 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.

No, I don't believe bitcoin will be a single world currency, We all know, All countries have own currency, They will support their currency. Several countries have blocked bitcoin. I think we will see many Altcoin will be there. Every countries will have own Crypto.

Offline EthereumDev_

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Re: Bitcoin will be a single world currency?
« Reply #48 on: November 03, 2020, 05:22:28 AM »
I think it will not be possible because so far bitcoin only has a very limited supply, so if you want to make bitcoin usable by many people, you must have a very large supply because otherwise it will be used as a price game and it will make a lot of people lose money.

Offline pelana vreo

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Re: Bitcoin will be a single world currency?
« Reply #49 on: November 03, 2020, 06:21:38 AM »
Bitcoin already has many community members in various parts of the world, I am sure if everyone gets together and uses Bitcoin to pay for food what is expected to happen, but there are some problems that must be faced such as regulations from each country that do it. does not allow the use of Bitcoin for payments. There are online shop platforms like alibaba, aliexspres and many other online shops that accept Bitcoin payments, I think Satoshi Nakamoto's idea will soon be realized.

Offline expander

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Re: Bitcoin will be a single world currency?
« Reply #50 on: November 03, 2020, 01:01:29 PM »
Because nowadays bitcoin and altcon are a perfect mix. so I think it will be difficult for bitcoin to stand alone without altcoins. Moreover, this bitcoin price is quite high, so of course it cannot be reached by all people.

Offline Dora Walletinvestor

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Re: Bitcoin will be a single world currency?
« Reply #51 on: November 09, 2020, 09:23:55 AM »
The answer is ever ad it is impossible.
Why?
There will be always other currencies to be used in the world. The fiat may be turned to digital currencies. bUt it is not replaced by crypto or even BTC. I am sure that BTC can be a very promising cryptocurrencies moreover for investment.

I agree, I don't think Bitcoin would ever replace fiat money. Especially now that CBDC's are appearing. I'm curious about the future of Bitcoin though when more countries create their own digital money. I think it can still remain relevant.
Check out the latest forecasts and news about cryptocurrencies, stocks, forex pairs and more on WalletInvestor.com

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Re: Bitcoin will be a single world currency?
« Reply #51 on: November 09, 2020, 09:23:55 AM »


Offline Methos

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Re: Bitcoin will be a single world currency?
« Reply #52 on: November 09, 2020, 09:34:43 AM »
This is possible but very hard to achieve. Because every country has a different culture,value for a thing. Monies are sometimes able to describe if the country is rich or not at all. We all differs on handling the supplies.

But it would be very helpful because we can literally get rid of discrimination and live equally because we have equal value of monies.

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Re: Bitcoin will be a single world currency?
« Reply #53 on: November 09, 2020, 01:12:30 PM »
If Bitcoin becomes a trusted currency globally, I will believe it can be. But, if it becomes the single currency, I don;t think that BTC will defeat fiat. Now, the currency is fiat and the government really protects it. That is why we need to get more ideas about how to store and also sell the BTC for worthier investment.
Even now, bitcoin is used in all countries of the world where there is an Internet connection. But this does not mean that all governments will accept bitcoin, since it is decentralized, and in this it will have a problem with the government.

Offline IvugeoEvolutionCoin

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Re: Bitcoin will be a single world currency?
« Reply #54 on: November 09, 2020, 03:49:12 PM »
if bitcoin is used as only one digital currency it will have a bad effect because there will definitely be price inflation that will occur because the price movement will increase and of course the transaction fee will be very expensive in exchange rate.

Offline azmirihaque

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Re: Bitcoin will be a single world currency?
« Reply #55 on: November 09, 2020, 04:54:17 PM »
It is right that bitcoin is gradually capturing the world's market and becoming one f the important currencies in the world but it is a day dreamer who think Bitcoin will be a single currency in the world. Only one currency cannot lead the world currency market. already different altcoins have made a good position in the crypto market.

Offline Darryl Gambet

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Re: Bitcoin will be a single world currency?
« Reply #56 on: November 09, 2020, 05:36:12 PM »
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.
Bitcoin is a digital currency and it have high value if we subtitute it as a main curreny or only currency and the price of it is not stable at all  i think it is not good idea. We a currency that transparent to us and this is not the bitcoin. The possible outcome if the bitcoin becomes only currency in the world the prices of the products will become expensive.

Offline sky20

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Re: Bitcoin will be a single world currency?
« Reply #57 on: November 09, 2020, 08:50:15 PM »
Actually i am not agree in this concern because we know every county have different types of fiat money or currency where bitcoin is the crypto currency which is not allowed to the whole world. Most of the country restrict crypto currency. Where how can i say it will be world currency? 
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Offline MRM

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Re: Bitcoin will be a single world currency?
« Reply #58 on: November 09, 2020, 09:03:59 PM »
Bitcoin is the only currency that is much more popular around the world. And the amount of constant investment in this currency is much higher. It is the only single currency that is used instead of the local currency. Due to its much more popular currency, it has single users all over the world. And this single currency helps other currencies to rise to the top. So Bitcoin is considered as one of the best current and future currency.
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Offline Tanimariya

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Re: Bitcoin will be a single world currency?
« Reply #59 on: November 10, 2020, 04:23:06 PM »
Bitcoin is one of the largest and most popular currencies in the world. Bitcoin currency should be invested if every community or nation wants to benefit. Of course any community can benefit by investing in Bitcoin currency. In the future, Bitcoin will create a situation where the popularity of the currency around the world becomes more active. The currency can be traded with all currencies as a single cryptocurrency.

 

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