We all know that Bitcoin is the leading cryptocurrency, but bitcoin wasn’t created to become the general cryptocurrency world wide, that’s not the purpose why bitcoin was created. Bitcoin was created to serve as an alternative currency. Government won’t want bitcoin to become the general currency world wide, what do you want them to do with fiat currency which they are in control of? they can easily manipulate fiat, they can easily print more money and send to circulation, and they can easily print more fiat currency and divert it to their own personal account. But when it comes to bitcoin it’s having a fixed total supply and the government can’t control it, so am sure the government will do everything possible to stop bitcoin from beginning a general currency and that was not even Satoshi’s plan.

Although this question might have been asked a couple of times here on the forum I would suggest you search on it to read other people’s view. As for me my opinion is same as the other replies up. Bitcoin was create to be an alternative and can’t be general currency. Although it has all the features that would solve the problems faced by traditional currencies the issue of volatility is still a concern for some people to accept it as general currency most especially the Arabs that see this a gambling thing. The government also has shown in all aspect that they are against something that they can’t have authority on and the anonymity associated with bitcoin will certainly make it add for them to get their ways like the fiat currency.

Also in the past there have never been a central or general currency, the only one that came close was the dollars and with the way USA is using it get more political power so will others want there currency to be.

I support this one where Bitcoin does have a chance but in my own opinion, the chance is low as of now because some countries banned the use of cryptocurrency but there's a country that legalized the use of Bitcoin. Op, if you think that the chance of Bitcoin becoming the general currency is high in the future but we don't know when that would be. Not because El Salvador supported the use of Bitcoin doesn't mean it will become the general currency because of what I just explained and if you did a research about the countries that banned from crypto and countries that doesn't ban crypto then you will know.  The only thing I can say is the same as the quote above.

Would Bitcoin become The General Currency in the Future?

Do we even want BTC to be THE General Currency in the Future?
A Global, One-world currency where all transactions are public and traceable? Is that the best thing for the average person in the future?

Next was Central African Republic and then the rest are most likely will just let it as neutral.

If legally speaking, there is a chance but can't you see that it's massively being used globally as you've made this thread? Bitcoin was already used as a payment for many countries and how much even more being used a store of value and being held as an investment by the majority. So going to legally speaking, it's highly volatile and if a government makes the use of it then there could be some precautionary measures on their end to be implemented.

According to the evolution of money since inception, another currency may soon replace cryptocurrencies. Because the world is continually growing, there is a chance that another currency will emerge after cryptocurrencies.


It has the potential to become the most widely used money in the world, but this is dependent on each country's adoption. Not every country will want to utilize it and make it a global currency. Country leaders like to have influence over the currencies that are used in their countries. There's a chance it'll happen, but there's a much better chance it won't.

The big question is,  will Bitcoin ever become a global currency?

The answer is rather (NO) because countries around the world will not allow a decentralized currency to become the dominant currency and if you want to base your argument on the evolution and transformation of money,  to say bitcoin will gain global adoption then it may lead to a lot of frustrations since most countries are already developing their own CBDC to compete with other cryptocurrencies like Bitcoin.

Bitcoin is just fine playing the role of an alternative currency,  and only a small percentage of people know about Bitcoin.

It seems you're referring to Bitcoin as a potential global currency. However, I believe that a decentralized cryptocurrency with high volatility would face challenges in becoming a widely accepted global currency. While many people appreciate Bitcoin for its potential and the freedom it offers, I personally find it unrealistic to support its adoption as a global currency. One of the reasons is that Bitcoin's decentralized nature makes it difficult for any government to exert control over it, which can raise concerns for regulatory authorities.

Bitcoin has the potential to be the main currency of the world because it is unique but it still has some limitations. The inconstant nature of its price will discourage people from using it for buying and selling. If the price becomes less volatile in the future people might consider using it more. Another problem will be the technological barrier. Most people don't have access to the internet or Android phones in some developing countries. They might not have access to the Bitcoin network without these technological tools.

Unfavorable government policy will also hamper the spread of the use of Bitcoin as a currency. More countries are getting friendlier with bitcoin but most developed nations are totally against the coin. Some have gone to the extent of banning it because it will limit thier economic control. A high rate of illiteracy and religious belief will impede Bitcoin acceptance and use. Most people will never stop using fiat because it is easier to use. Others might not use it because they feel their religion forbids it. I conclude by saying that Bitcoin and fiat will always exist together for now until the world gets matures for the use of Bitcoin.

It has always been alluded by a lot of bitcoin supporters that bitcoin has the potential to be the world's leading currency, but let's face it, bitcoin is far from being a widely-used, high throughput and volume currency. It's designed to be used for transfers here and there, but never in the volume that fiat is currently being used with. I guess, there'd be a time wherein a lot of people will be using bitcoin at the same time, but not the main currency the world uses all at once. It will need an overhaul for bitcoin to be able to handle that much volume without causing too much of a delay between all the transactions.