Post
Topic
Board Economics
Re: Bitcoin is Becoming a Global Currency
by
MUFC
on 29/08/2015, 11:40:11 UTC
Bitcoin is already a global currency in the terms of cryptocurrencies. Agreed.

USD is the only global currency atm tho.


It's hardly a global currency when hardly any place around the world accepts it. We've got a long way to go before it achieves this title but it certainly has the potential but it's not going to happen over night. And USD isn't a global currency either. Sure, there are many countries that accept it or even have it as their defacto currency but I can't buy anything in my country or most places in Europe with it. In fact, I've probably got more chance of being able to spend my bitcoins over dollars.