Can you imagine bitcoin could be a wrold reserve currency?

[Cryptoz]

Firstly, this post must be in Bitcoin discussion, mate. You can move this post yourself, OP! This section is for altcoins, not for discussing related to Bitcoin.

Anyway, BTC is indeed can be a world reserve currency if most countries in the world legalize and accept Bictoin. However, now many countries still don't legalize it and even some of them ban the Bitcoin because of various reasons.

[Nostoman]

Of course I think bitcoin is the preserved currency of the crypto world. Huge success will come if this bitcoin is recognized all over the world. Bitcoin transactions in the banking system, in fact, the transaction will be much easier and faster. Bitcoin will soon become a worldwide recognized currency.

[Jaephoenix]

I doubt if bitcoin would make that grade. Why? It has to be universally accepted and centralized(or monitored). Right now, it doesn't make that grade. I am sorry

[Tnoy30]

I think decentralized cryptocurrency can not be the reserve currency of any country. Bitcoin can have an impact on a country’s national economy. That is why there is a lot of price volatility in the price of Bitcoin. Bitcoin can be an alternative means of payment. Most countries do not see such a possibility. Of course, all countries will be sympathetic to digital transactions. That is possible with the development of technology. Of course, it will not bow to any state government. Bitcoin currency prices will stabilize at some point. Then the use of bitcoin will start in all cases. That day will come.

[corr]

No. I believe that all these tales are that bitcoin is digital gold, a protective asset and the like. A protective asset cannot fall to $ 1,500 in a matter of seconds. I also believe that bitcoin cannot be a world currency or a reserve currency. Understand that a large amount of bitcoin is in the hands of ordinary people and not in the hands of governments. It is easier for the government to create its own digital currency.

[Michael.sol]

Bitcoin and other Crypto coin speard with good speed in worldwide , Infact their is some platform who accept bitcoin as a payment option .
hopefully bitcoin is acceptable worldwide or we can used it as a payment option .

[Hometown]

Obviously I support this valuable information because day by day cryptocurrency becoming more and more popular than the hardpaper currencies. If central bank and government support bitcoin as their daily purposes and transactions then it would be the world most reserve cryptocurrency.

[zendicator]

I could imagine now buddy. Bitcoin is the future and I believe it is created as a store of value. Many projects are showing everyday but they cannot replace bitcoin because this is the mother of all cryptocurrencies.

[Hope4life]

Bitcoin can be a reserve currency because the price can go higher than the value right now, in the crisis time people will trying to save their money and bitcoin is one of the best for saving.

[Joyjoyce0]

I know it will be difficult for Bitcoin to become world reserve currency due to the fact that many countries/people don't believe in it. However, I know that as times goes on, many people will realize the advantage of bitcoin and that will give bitcoin the opportunity to become world reserve currency

[Istiak]

I do not think that will be possible. It's too volatile and I think we do not have enough BTC to make it a world reserve currency. Also just think about what will happens if somehow internet will not be available for several months. No internet to BTC because it doesn't have any physical form. So gold is a better option for physical currency and world reserve currency.

[masterrex]

I think it's not possible because of the Bitcoin volatility, I believe that to become a reserve currency it must have all this element namely; price stability, store of value, etc while Bitcoin has a capacity as a store of value  But the Bitcoin price is not stable and it was fluctuating too much so relatively it's not the best for a world reserve currency. I'm not against in Bitcoin, I love Bitcoin thats why I would prepare to remain Bitcoin as a decentralized store of value assets rather than become a world reserve currency and become centralized that was my point.

[Quantum X]

The possibility is high and I believe when this thing happens that would be the time that bitcoin had became successful to replace dollar and become the digital currency worldwide.

[IyemRoker]

I think it is difficult for Bitcoin to become a reserve currency because in some countries some people do not accept Bitcoin for every payment.
Then money reserves might also be able to be for Bitcoin or other cryptocurrency but there are always pros and cons.

It's better that Bitcoin is used as a digital asset as income from investments or trade every day.

[Gurujebs]

Bitcoin was the first cryptocurrency to successfully record transactions on a secure, decentralized blockchain-based network. Day by Day it's popularity increasing rapidly. On June 11, 2020 the entrepreneur and best selling author,Jeff Booth, spoke with Max Keiser of Keiser report about bitcoin.Both seems to think that BTC has good chance to begin a "Wrold reserve currency". The author tells Keiser to that the central banks massive creation of money has been a force that is driving bitcoin's trend toward being a wrold reserve.

Fiat is fading in value but I don't think bitcoin will be adopt as a reserve currency, what do you think will to bitcoin and volatility?  It cannot be a reserve currency.

How do you define the future when there is war, no one pray for that but we all see what happen during this pandemic corona stuff, bitcoin bleed so badly that some alts coin became so worthless. It will not be adopted.