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Author Topic: Can you imagine bitcoin could be a wrold reserve currency?  (Read 7410 times)

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Re: Can you imagine bitcoin could be a wrold reserve currency?
« Reply #45 on: August 29, 2020, 05:38:16 PM »
If bitcoin became the world's reserve currency? who will control it? whereas bitcoin is decentralized. I think it's still very difficult with high volatility
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Re: Can you imagine bitcoin could be a wrold reserve currency?
« Reply #45 on: August 29, 2020, 05:38:16 PM »

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Offline Hope4life

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Re: Can you imagine bitcoin could be a wrold reserve currency?
« Reply #46 on: August 29, 2020, 10:48:19 PM »
If bitcoin become world reserve currency i'm sure it'll become used at large scale and the aim of bitcoin as mass adoption will be reached. However, it's will also make a country to maipulate bitcoin to gain maximum profit for their own interest.

Offline H2O

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Re: Can you imagine bitcoin could be a wrold reserve currency?
« Reply #47 on: August 29, 2020, 10:53:45 PM »
Why not, obviously bitcoin is the best online Crypto in the crypto market. 70 ieo and others fundraising projects arranged in BTC pair. People from different countries getting familiar with bitcoin. So I think bitcoin will be the world reserved cryptocurrency.

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Re: Can you imagine bitcoin could be a wrold reserve currency?
« Reply #48 on: August 29, 2020, 11:45:30 PM »
I do not think bitcoin can be reserved as a currency. Bitcoin is not a centralized token or controlled by any man, So in actual sense, unless someone is buying bitcoin in its huge large quantity like 80% supply, you cannot boast of reserving bitcoin at all.

Offline pelana vreo

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Re: Can you imagine bitcoin could be a wrold reserve currency?
« Reply #49 on: August 30, 2020, 03:37:10 AM »
-snip-
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.
One day, Satoshi Nakamoto's goal to make Bitcoin a global payment option will definitely come true, this will definitely happen as we have seen some coffee shops have accepted Bitcoin payments and we have seen some Bitcoin ATMs installed in supermarkets and in several other places.
https://www.statista.com/statistics/343127/number-bitcoin-atm.

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Re: Can you imagine bitcoin could be a wrold reserve currency?
« Reply #50 on: August 30, 2020, 10:25:05 AM »
If bitcoin became the world's reserve currency? who will control it? whereas bitcoin is decentralized. I think it's still very difficult with high volatility
Maybe whales or the anonymous Bitcoin big holders?
Possible the government if Bitcoin become centralized.
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Re: Can you imagine bitcoin could be a wrold reserve currency?
« Reply #51 on: August 30, 2020, 10:34:41 AM »
Maybe whales or the anonymous Bitcoin big holders?
Possible the government if Bitcoin become centralized.
Even whales are hard to control bitcoin. Besides the high price, having a lot of bitcoin requires large capital. I thought it was impossible. Bitcoin will remain a decentralized that cannot be controlled by anyone, including the government.
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Re: Can you imagine bitcoin could be a wrold reserve currency?
« Reply #51 on: August 30, 2020, 10:34:41 AM »


 

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