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Author Topic: Will it be possible for Bitcoin to be like other national currency?  (Read 5495 times)

Offline Yuliya Nekrshevskaya

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Re: Will it be possible for Bitcoin to be like other national currency?
« Reply #15 on: February 01, 2022, 05:00:44 PM »
We see Bitcoin as the world leading currency in the crypto community, looking at it's high value and popularity will it be possible for Bitcoin to become one of the world currency. Like will it be possible for Bitcoin to be seen, felt, owned and even carried around like the US dollar or any other national currency.
I wish this can be possible, what do you think?
I believe bitcoin will become a means of payment in the near future, but that it will be a currency you can hold in your hands is unlikely, paper money is going away now, so why carry bitcoin in your wallet.
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Re: Will it be possible for Bitcoin to be like other national currency?
« Reply #15 on: February 01, 2022, 05:00:44 PM »

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Offline mlawson71

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Re: Will it be possible for Bitcoin to be like other national currency?
« Reply #16 on: February 01, 2022, 06:25:51 PM »
Bitcoin doesn't even have a physical form, so I don't think it could ever be exactly the same, unless we become an entirely cashless society on a global level, which I doubt will happen in the next few years.

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Re: Will it be possible for Bitcoin to be like other national currency?
« Reply #17 on: February 03, 2022, 08:51:23 PM »
We see Bitcoin as the world leading currency in the crypto community, looking at it's high value and popularity will it be possible for Bitcoin to become one of the world currency. Like will it be possible for Bitcoin to be seen, felt, owned and even carried around like the US dollar or any other national currency.
I wish this can be possible, what do you think?

Bitcoin has potential to be like other national currency, but bitcoin
cannot be controlled.
I think It's the reason why bitcoin is impossible become global currency.

Offline mlawson71

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Re: Will it be possible for Bitcoin to be like other national currency?
« Reply #18 on: February 04, 2022, 07:13:57 PM »
Isn't it the opposite, if no single country can fully control it?

Offline elbans89

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Re: Will it be possible for Bitcoin to be like other national currency?
« Reply #19 on: February 08, 2022, 02:12:08 AM »
We see Bitcoin as the world leading currency in the crypto community, looking at it's high value and popularity will it be possible for Bitcoin to become one of the world currency. Like will it be possible for Bitcoin to be seen, felt, owned and even carried around like the US dollar or any other national currency.
I wish this can be possible, what do you think?

National currency is always supported and controlled by the government.
Because It will affect to inflation.
So, I don't sure, bitcoin will be like other national currency, bitcoin is very volatile.
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Offline Senin

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Re: Will it be possible for Bitcoin to be like other national currency?
« Reply #20 on: February 08, 2022, 10:51:32 AM »
Bitcoin willn't become an alternative global currency. It will exist together with the national currencies of countries that, in principle, are provided with a overall product. Perhaps in the far future bitcoin will become the main world currency as an indicator of the country's energy supply.
Bitcoin is already an alternative global currency and can be used by anyone anywhere in the world to conduct transactions. But for states and their institutions, bitcoin, most likely, will not become a currency in international settlements. Therefore, in this sense, it will not be a world currency for states.
States will use their digitized central bank currencies and various regional CBDCs.

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Re: Will it be possible for Bitcoin to be like other national currency?
« Reply #21 on: February 09, 2022, 02:22:30 AM »
We see Bitcoin as the world leading currency in the crypto community, looking at it's high value and popularity will it be possible for Bitcoin to become one of the world currency. Like will it be possible for Bitcoin to be seen, felt, owned and even carried around like the US dollar or any other national currency.
I wish this can be possible, what do you think?

I think Bitcoin will be global currency not will be like national currency.
Bitcoin  is so popular not only in one country but all the world.
So, I believe it will happen.

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Re: Will it be possible for Bitcoin to be like other national currency?
« Reply #21 on: February 09, 2022, 02:22:30 AM »


Offline Bobcrypto

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Re: Will it be possible for Bitcoin to be like other national currency?
« Reply #22 on: February 09, 2022, 07:26:07 AM »
Bitcoin is a digital currency and I think it may not appear physical that anybody can hold. However, Bitcoin may be the world digital currency can can only be used side by side with the states fiat currency, and may not replace Fiats in my opinion.
I think Bitcoin may remain a digital currency but as time proceed,  many more countries may adopt it as legal tender and this may turn it a global currency. 

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Offline bmr

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Re: Will it be possible for Bitcoin to be like other national currency?
« Reply #23 on: February 09, 2022, 09:25:10 AM »
I think it won't be national currency, we will get it global currency where we can make payment using btc across all over the world.

Offline Alcor

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Re: Will it be possible for Bitcoin to be like other national currency?
« Reply #24 on: February 11, 2022, 06:52:19 PM »
Bitcoin will remain as it is now. Previously, there have already been attempts to change its form of walking, namely cards for 0.01, 0.05 and 0.1 bitcoins. But I do not see that such an innovation is fixed and began to spread. But who knows, maybe in the future they will come up with something about this. I don't attach much importance to this. As long as it's convenient to use.

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Offline legend45

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Re: Will it be possible for Bitcoin to be like other national currency?
« Reply #25 on: February 12, 2022, 03:23:27 PM »
We see Bitcoin as the world leading currency in the crypto community, looking at it's high value and popularity will it be possible for Bitcoin to become one of the world currency. Like will it be possible for Bitcoin to be seen, felt, owned and even carried around like the US dollar or any other national currency.
I wish this can be possible, what do you think?

We all know bitcoin character is very volatile, So I think Bitcoin will never like other national currency.
I don't think about It will happen.

Offline mlawson71

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Re: Will it be possible for Bitcoin to be like other national currency?
« Reply #26 on: February 12, 2022, 06:50:11 PM »
Bitcoin is decentralized and no country has jurisdiction over it, no bank can make decisions about it. As such I don't think it can be compared to a national currency.

Offline Hisbullah

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Re: Will it be possible for Bitcoin to be like other national currency?
« Reply #27 on: February 13, 2022, 10:22:09 AM »
Bitcoin is decentralized and no country has jurisdiction over it, no bank can make decisions about it. As such I don't think it can be compared to a national currency.

Yeah agree, It's the resosn why bitcoin will never be like other national currency because decentralised.
No one can controll bitcoin, It is volatile
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Offline damsix

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Re: Will it be possible for Bitcoin to be like other national currency?
« Reply #28 on: February 18, 2022, 07:29:11 AM »
Bitcoin can't be something that really cares about being a currency because Bitcoin was clear when it was first created that Bitcoin wasn't meant to be a currency, but rather a simple and easy transaction tool without any intermediaries.
I also see this Bitcoin has started to be accepted in all cryptocurrency markets around the world and even states like El Slavador are also buying Bitcoin for future valuable assets and this is really a good breakthrough for the country.
retire and rest in peace

Offline cheezcarls

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Re: Will it be possible for Bitcoin to be like other national currency?
« Reply #29 on: February 18, 2022, 01:22:59 PM »
Although that it is a welcoming development for El Salvador a legal tender and making it a national currency, fiat is still cannot be replaced where it is widely adopted and used for now. It’s not easy to make this a legal tender coz’ I know other countries are slowly trying to follow suit (like what Ukraine is doing recently). It can replace gold though.
Pla
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