Bitfortip

0.5 NANO

Do you believe in the possibility of BTC one day becoming a universal and mandatory currency?

That we are going through times of uncertainty no one can deny. Every day we see new users, new enthusiasts who venture into this world of cryptocurrencies.We are about to witness a major global economic reset. What is your position on the possibility of a new currency or even Bitcoin becoming the single, universal and mandatory currency?

EugeNano 3 years ago
Tags:
Btc

Bch

Cryptomarket

Cryptocoins

Money

Altcoins

Nano

Financial

Finances

Cryptocurrency

hela 3 years ago Correct

I think bitcoincash can be the new digital currency of the world. The transcations fee are low and that serves merchants. It can be the gold coin rather than bitcoin that its fees are high and it can be considered as ponzi sheme. another point , bitcoin cash increase adoption through different platforms that tips its users bitcoin cash for posting content : I can mention readcash : https://read.cash/r/cashboa
despite bitcoin fail using tipping platforms to increase adoption : changetip and zapchain are closed.

Muhammed 3 years ago

I think bitcoin will one day be a basic currency that is valid almost everywhere in the world, but it is sooner for this because people are discovering these new crypto coins, these crypto coins need to reach more users in this, crypto currencies should be advertised and encouraged by the state, but it when bitcoin is used by all

gabriel 3 years ago

Creo que bitcoincash puede ser la nueva moneda digital del mundo. La tarifa de transferencia es baja y sirve a los comerciantes. Puede ser la moneda de oro en lugar de bitcoin que sus tarifas son altas y puede considerarse como un sheme ponzi. Otro punto, bitcoin cash aumenta la adopción a través de diferentes plataformas que propina a sus usuarios bitcoin cash para publicar contenido: puedo mencionar readcash: https://read.cash/r/cashboa a
pesar de que bitcoin falla al usar plataformas de propinas para aumentar la adopción: changetip y zapchain son cerrado.

mustafa 3 years ago

çok değerli olacağına ibanıyorum. çünkü sınırlı sayıda üretimi var.

ylomat 3 years ago

Frankly, it is impossible that BTC will become the single, universal and mandatory currency. Single, because human interactions are so different all over the world that only among blockchain based technologies we have (and we will have) dozens alternatives, more recent chains able to do better for everyday tasks. And we will arrive to a situation where a blockchain based currency is better (or legal, or accepted) by a group of people, a geograhic region and so on.
Universal, again as above, impossible because of the number of transactions that can be found nowadays on BTC blockchain. It'll be far bettere in the future I think, but nothing sufficient to become so widespread and universal.
Mandatory, as above, impossible: digital currencies will be probably state delivered, so you'll have many alternative currencies all over the world, and bitcoin could become a way to unify this currencies world.
Just like gold, that was exactly what founder(s) wanted to create. Gold is the best representation for BTC now (and in the future). Hope it'll be useful for you.

Tom Lutzenberger 3 years ago

I don't believe BTC will be a universal currency per se. First off, it's too damn expensive now for 99.999% of the population. Second of all, it's still very much a prototype for the "perfect" crypto currency and a number of flaws existed that need to be shaken out, in particular security of the wallets and payment systems to support it. I do believe that currency will go into a crypto form soon or later within the next 30 years. That's simply a practical path. I do believe we will have personally-worn access to our bank accounts and finance as well, maybe even embedded in our skin to control it at all times. That's already doable with RFID chips; we just haven't built the transactional side of it yet. However, I do not believe BTC will be the standard because governments have to support it for the currency to work. To date, governments are agnostic to BTC and prefer a crypto currency they can control. That factor alone will continue to block anything that exists right now.

Carol Dinger 3 years ago

I have thought for a long while now that some form of digital currency will definately become the only money available due to all of those contactless ways of life we're beginning to adapt. I think it's only a matter of time before paper money and coin will cease to exist.

Raphael Favour 3 years ago

it is impossible that BTC will become the single, universal and mandatory currency. because human interactions are so different all over the world that only among blockchain based technologies we have (and we will have) dozens alternatives, more recent chains able to do better for everyday tasks. And we will arrive to a situation where a blockchain based currency is better (or legal, or accepted) by a group of people, a geograhic region and so on

Ryan Espano 3 years ago

Not only BTC, also ETH and

TJcrypto 2 years ago

It’s all part of the plan.