<<  >> (p.3)
    Author Topic: Do you think Bitcoin will lead the world currency market??  (Read 607 times)
    coinerer
    Hero Member
    *****
    Offline Offline

    Activity: 1540
    Merit: 614


    View Profile
    February 11, 2023, 11:54:06 AM
     #41

    US dollar is the world accepted currency and can be used as a medium of exchange.  In the crypto world, Bitcoin is the most popular and the highest accepted currency with greater value. Different countries have permitted bitcoin for transaction and many of them are thinking so and will eventually do so. Its acceptance is gradually increasing day by day. Do you think bitcoin will be the leader of the world’s currency market like US dollar in the future?Huh
    Us doller (USD) is issues by United States of America. And it is a dollar created by the government because of which the world has gained trust in it and everyone believes that it will never be destroyed or scammed and everyone's money will be completely saved that is why it is now used as the number one currency worldwide. Although crypto currency lovers trust and support Bitcoin enough.  But out of 8 billion people worldwide, only 420 million people use cryptocurrency so far. So Bitcoin may one day be used as an alternative to USD but it is hard to say how long it can take.
    if later bitcoin is legalized like USD or the whole world has recognized it as a legal currency, then the possibility of becoming like USD will be wide open. but the problem is that most countries have not recognized it, so that more people still do not understand about bitcoin, and it seems that until now there have been no signs to legalize bitcoin for big countries, so it is true that maybe generations after us will happen
    Bitcoin is already used as a legal currency in some countries, but it will take several more years before it is used as a legal currency in all countries around the world.  Then of course Bitcoin will be used as an alternative to USD and I think Bitcoin will be widely used for import and export of various products. But it is doubtful whether we will see it in our generation. Maybe our next generation can see and enjoy it
Page 2
Viewing Page: 3