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Keith700

Bitcoin will be a single world currency?

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On 10/23/2019 at 7:40 PM, Wrath said:

I don't think in the future bitcoin will be all along there will be other digital currency with it, bitcoin will be the best among them, coins like ethereum will also be around and highly use, litecoin and many others will still be around.

I don't agree with your statement. There is no chance of bitcoin being single world currency because every nation gives importance to their own national currency. They have their own significance. Bitcoin may be valuable but people give importance to their own national currency.

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On 11/17/2019 at 3:55 AM, Zzoro6110 said:

I think that and I believe that Bitcoin will be the global currency, which will be accepted in all countries by the peoples and I do not mean governments

More clearly the government authorizes or legalizes bitcoin into a global currency that will be accepted in all countries so that everyone can use bitcoin to get huge profits.

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If it's about the understanding of the new world order, I think it's too far, because bitcoin is still limited to a digital currency that functions as a digital commodity, of course it's very far away if bitcoin is the only currency in the world

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On 1/16/2020 at 12:00 AM, Gimba said:

Hopefully, but I don't think it will be possible any time soon. Maybe future generations will use bitcoin as a separate cryptocurrency in this world. It will be extreme, because Bitcoin is the best scheme.

Your statement will most likely happen because only future generations will use bitcoin as a separate cryptocurrency in the world today and I am sure it will suffice the best scheme when bitcoin becomes its destination.

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On 10/23/2019 at 4:51 PM, Keith700 said:

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.

I don't think so. People will need privacy for their daily transactions and not every cup of coffee marked forever in the public blockchain. I can be one of the main store of value assets like gold.

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No it is not sigle world currency inthe world many ogher currencies are present in the world like fauct. But popularity of btc more then other digital currencies. Now  days its rate 8700$ equal one btc. In future may be duoble 

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Bitcoin can definitely be a global currency, but it needs to be stabilized first, yiu can't have a global currency with such volatility

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Bitcoin is not a single currency. But it becomes a strong currency and remains an alternative currency. Because Bitcoin will not be possible to become a single currency in the world.

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On 10/23/2019 at 9:51 PM, Keith700 said:

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 the king of crypto currencies but there is a very little chance that it will become a global currency especially that South Korea is already proposing to create a global digital payments, meaning they didn't recognize bitcoin currency to be the use as the global digital payment instead they like to create their own currencies that they can control. 

Edited by MysteriousIdentity
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Bitcoin is the first crypto currency.bitcoin is not the only single currency.there is a lot of crypto currency and they call them altcoins and others are token.and i think bitcoin will be the next global cutrency

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On 1/14/2020 at 8:33 AM, McCree said:

People aren't going to suddenly give up their paper money for bitcoin even if it does one day become stable. That is like saying everyone should buy stuff in gold. Each country has their own currency and they don't want to use someone else's.

There are certain individuals who expansion promote from preventing cryptocurrency growth. So, they strive their greatest to delay this process. a little banks and governments are also against crypto. If you reflect on every one of these factors,
 

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I think that this is possible and it would be good for all people that Bitcoin is the main currency will eliminate the difference between people, but I do not think that governments and their economy allow this.

This will take many years

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9 hours ago, Zaino34 said:

I think that this is possible and it would be good for all people that Bitcoin is the main currency will eliminate the difference between people, but I do not think that governments and their economy allow this.

This will take many years

That is not possible because most governments would not dare to expose the weakness in their local currencies by allow it compete with Bitcoin. People everywhere would no doubt be using Bitcoin, but a consensus would never be reached to have it as a single global currency. Take for instance why not all oil producing countries are members of OPEC.

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On 11/16/2019 at 9:55 PM, Zzoro6110 said:

I think that and I believe that Bitcoin will be the global currency, which will be accepted in all countries by the peoples and I do not mean governments

Government and loads of new frequent by now distinguish this asset as the substitute of this financial system that has been implemented for years.
 

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4 hours ago, JamesMark said:
On 1/31/2020 at 7:39 AM, Man said:

Bitcoin is not a single currency. But it becomes a strong currency and remains an alternative currency. Because Bitcoin will not be possible to become a single currency in the world.

Many currencies are present in the world like systems, there are many things that need to be changed and upgraded before it becomes more popular.

Nowadays Bitcoin is very popular and in the future it will be even more popular. Change will follow the flow, we just enjoy what is there now.

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l don:t think that this will happen as there are other coins in existence like ethereum and litecoin. Even afterwards, new coin will continue to emerge as there are indication of that occurring and all these coins will be competing for the best.  

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This will never happen. It's not possible to process all transactions in the world in one blockchain as computers are simply not fast enough. Thats why we currently have clearinghouses.

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Bitcoin can't be the single crypto currency in the world, Bitcoin network can provide service for the entire world, that is why altcoins is here.

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On 2/2/2020 at 5:17 PM, halloweed said:

According to what McAfee said recently about bitcoin not surviving in the future, i think bitcoin will not reach that level just like what happened to moses journey to promised land, the coins that could  become one world currency are Ripple and Libra.

Mcafree is a advertiser if i give him money he will what i tell him to say to the people don't take his words seriously.He claims he knows Satoshi Nakamoto all he has is lies and fake news for people.

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Nope, I think it's not. Bitcoin was volatile and can't become primary currency for payment and i think it's more suit for becoming alternative payment option like today, Just don't expect so much i think.

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Impossible to happen, Not all countries will trust something that they cannot control. But people will continue to use bitcoin and create their own market. While government will continue to issue fiat for everyday use.

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5 minutes ago, NomiNAL said:

In my opinion, as it is today, I think that it is already a global currency, in my opinion, since we could use it for my transaction around the world using a decentralized system. For me, bitcoin was simply created or suitable for use as a global currency, not just one country, because the currency of this country should have been regulated by the government, which, I think, is impossible in bitcoins, since it is a decentralized system, and bitcoin does not belong to anyone.
As a world currency, I think Bitcoin will be a great example.
 

Quite well stated! Bitcoin already is a global currency  and all those waiting for all governments across the globe to endorse Bitcoin over their local currencies would wait forever. I doubt there is anyone countries where transactions in Bitcoin can never take place regardless their government's stand that is the power of decentralization.

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I disagree with this bitcoin can't be the only currency in the world, bitcoin was not design for that so it can't never be, the supply is too small the network quick to get congestion when too much transaction is happen on it, this is why altcoins were created for to make improvements on bitcoin and they will be around too.

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On 10/23/2019 at 9:51 PM, Keith700 said:

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.

Well that is our idea but we cannot assure that the governments will favor it as they have no control over bitcoin so I am pretty sure that they will not use bitcoin as the global digital currencies in the future. 

 

But still the chance is there, let's just see if what will happen in the future.

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