Post
Topic
Board Economics
Re: What will be our new world currency?
by
kwuccduck
on 09/03/2017, 23:06:20 UTC
For what is presently happened now is Dollar obviously known by the people around the world. And most country adopting it too. But when it comes to online business, as an alternative payment, bitcoin is getting more useful into this  scheme compare to dollars, especially the people in bitcoin world are very aggressive to make profit in trading platform,also in cryptocurrency.
yes bitcoin is the main online currency in preset time and hope that very soon bitcoin will also become the main fiat currency also. but in fact the majority of the people still do not know about bitcoin and that is the reason that bitcoin facilities are not yet available everywhere to use it as currency through out the world in fiat shops also. but in future we can expect that we will be able to use bitcoin as fiat currency also.
It can barely happen since bitcoin still have a lot of troubles and problems which can not be solved by miners, developers and users. For examples, comfirmation time is a big issue and as you can see, we have faced this problem at least 5 times in this year. This is too annoying which cause many negative results to traders, and the people who are using bitcoin to buy things

Yes, despite the fact that bitcoin has many advantages, it also has some drawbacks. Very negative for its popularity is affected by long confirmation of transactions. Many are just willing to give up the use of bitcoin because of this
I experience sending bitcoin it took to long to sent or receive in other wallet that can honestly thinking you to choose other payment method like paypal or other ways or payment processor.. because this is happening many times right now every time the price is increasing. this is an old issue but until now they are still not solve this issue..
While with Bitcoin will not be all pumped to automatism, I will not pay for goods using bitcoins. This always causes suspicion when problems begin. It is better to wait and calculate the Fiat. I believe the time will come for bitcoin.