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Author Topic: Bitcoin will be a single world currency?  (Read 21046 times)

Offline Beattysuhita

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Re: Bitcoin will be a single world currency?
« Reply #150 on: June 30, 2022, 03:54:02 PM »
It took a very long time to realize this, currently there are still many countries that do not accept Bitcoin as a currency. 
So when will Bitcoin become the single currency in the world?  It seems this is a difficult thing. 
In my opinion, we shouldn't think too much about it, the most important thing now is how we can benefit every day from Bitcoin and this Cryptocurrency. 
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Re: Bitcoin will be a single world currency?
« Reply #150 on: June 30, 2022, 03:54:02 PM »

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Offline KaliLinux

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Re: Bitcoin will be a single world currency?
« Reply #151 on: June 30, 2022, 04:49:56 PM »
Once I a believer of this speculations but I realized that having one digital currency globally is a thing that impossible to happen rather the possibility relies only with the same function and use of the dollars.
Yes it is actually a very expensive coin worldwide.
It could be a very expensive coin with very high-level volatility as well but being the world's single currency isn't happening. We must understand that up until now, the world still doesn't have a single fiat currency and there is a reason for that, and even in the end, Bitcoin is adopted globally as in, accepted for payments all over the world, that will just be an individual thing but not a global Government adoption. If you understand how the world economy works, you would understand why.
 

Offline surendertakyaan70

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Re: Bitcoin will be a single world currency?
« Reply #152 on: July 01, 2022, 06:52:10 PM »
The trend of bitcoin started in 2008. When prevailing in some group of the United Nations. But after a short time the governments of some countries adopted bitcoin, in 2018 I also read on Google about bitcoin. Says the CEO of Twitter. That bitcoin will be the world's single currency in 10 years:
In early 2018, Twitter CEO Jack Dorsey caused quite a stir when he declared, "The world will eventually have one currency, the Internet will have one currency. I personally believe it will be bitcoin." Mr. Dorsey also elaborated on the timeline, saying, "Maybe more than 10 years, but it could go fast. Today bitcoin is prevalent in a lot of countries around the world.  However, this does not mean that it will replace the local currency of the world.

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Offline Damrai5$

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Re: Bitcoin will be a single world currency?
« Reply #153 on: July 02, 2022, 09:21:20 AM »
I believe that Bitcoin transactions will be launched all over the world at this time. No one can say for sure why there is so much dumping despite the increase in the price of Bitcoin.I believe that the price of Bitcoin will one day be introduced all over the world and by 2030 the price of Bitcoin will exceed $1 million.

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Re: Bitcoin will be a single world currency?
« Reply #154 on: July 02, 2022, 12:30:36 PM »
Even many believed bitcoin will be single, but I think It will never happen.
Bitcoin is digital asset, and always be.
I think  the government will against bitcoin.
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Re: Bitcoin will be a single world currency?
« Reply #155 on: July 02, 2022, 02:49:49 PM »
There is no denying that bitcoin has become a single world currency. Many investors and companies have considered bitcoin as an asset and are also doing world wise transactions.
Bitcoin will not be the single world currency under any circumstances. You can't even dream about it. If before the advent of CBDC it was possible to at least think about it, then with the advent of the opportunity for states to use blockchain technology for their national currencies and combine the advantages of cryptocurrencies, the use of cryptocurrencies themselves by states disappears completely.
Bitcoin and other decentralized cryptocurrencies are more likely to be a currency for citizens than for states.

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Re: Bitcoin will be a single world currency?
« Reply #156 on: July 03, 2022, 07:29:10 AM »
Bitcoin can never be the only world adopted currency.

The only good thing that can happen to Bitcoin in terms of adoption is if the governments/ financial institutions of the whole wide world accept it as one of the legal tenders for transaction of business.

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Re: Bitcoin will be a single world currency?
« Reply #156 on: July 03, 2022, 07:29:10 AM »


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Re: Bitcoin will be a single world currency?
« Reply #157 on: July 03, 2022, 09:05:38 AM »
I think bitcoin will not be the world's only currency, but it will make it easier to process transactions around the world, any altcoin and physical currency will also exist in this case.
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Re: Bitcoin will be a single world currency?
« Reply #158 on: September 07, 2022, 01:22:35 PM »
I don't think that will happen. Because bitcoin is a digital currency. However, it makes transactions easier in digital times. And of course it is the famous currency of the whole crypto market. But it be the only currency in the world. So it is not possible because the government of many countries have banned crypto in their countries. And others have regulated them by keeping them within the bounds of the law. The government gives more importance to the fiat currency of its country. So in my opinion. It's not possible.

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Offline elbans89

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Re: Bitcoin will be a single world currency?
« Reply #159 on: September 07, 2022, 06:56:56 PM »
Once I a believer of this speculations but I realized that having one digital currency globally is a thing that impossible to happen rather the possibility relies only with the same function and use of the dollars.

That's true I also don't believe bitcoin will be single world currency, because there are many potential altcoins that we can invest on them.
Bitcoin and altcoin will grow together.
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Offline nakmantu99

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Re: Bitcoin will be a single world currency?
« Reply #160 on: September 07, 2022, 07:36:49 PM »
I don't think if bitcoin becomes the single world currency because you know the transaction fee is so high and we don't like it. Maybe we should look other cryptos that has low transaction fee.

Yeah, I think there are several reasons that I believe bitcoin will never be single currency.
Because as you said , gas fee is so high.
Also altcoins technology is better than bitcoin.
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Offline satpol_PP

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Re: Bitcoin will be a single world currency?
« Reply #161 on: September 16, 2022, 07:32:12 PM »
I don't think if bitcoin becomes the single world currency because you know the transaction fee is so high and we don't like it. Maybe we should look other cryptos that has low transaction fee.

Yeah, I think there are several reasons that I believe bitcoin will never be single currency.
Because as you said , gas fee is so high.
Also altcoins technology is better than bitcoin.

The government will against bitcoin, if it will be the single currency.
It seems impossible to happen.
Every countries have own currency, So forget it.
Be realistic

Offline Dark Knight

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Re: Bitcoin will be a single world currency?
« Reply #162 on: September 17, 2022, 05:42:52 AM »
Bitcoin is what is called a cryptocurrency—“money” that is completely virtual and is neither distributed nor regulated by a centralized government. The “crypto” part of cryptocurrency refers to the heavy cryptography (encoding) used to request, confirm, and record the transactions within the context of a decentralized system. The advantage of the system is that two parties can exchange payment without the use of a third party (such as PayPal, VISA, banks, or the federal government) to validate the worth of the currency.

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Re: Bitcoin will be a single world currency?
« Reply #163 on: September 18, 2022, 08:35:53 AM »
I believe that Bitcoin transactions will be launched all over the world at this time. No one can say for sure why there is so much dumping despite the increase in the price of Bitcoin.I believe that the price of Bitcoin will one day be introduced all over the world and by 2030 the price of Bitcoin will exceed $1 million.
Cryptocurrency by its nature cannot become a single world currency. States will not actively support it or use it in international settlements. To do this, they will have their own CBDC. As for bitcoin, certain problems may arise with this coin in the future, since it has not been improved for a long time and no longer meets the increased needs. For now, its popularity rests on the belief of its holders that its price will continue to rise. When it does not materialize, big problems will begin with bitcoin.

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