Post
Topic
Board Economics
Re: Is bitcoin now the strongest currency in the world?
by
Sled
on 05/08/2017, 09:36:44 UTC
Nope, it wouldn't take a whole lot to get the numbers to start going down (compared to other currencies).

As much as it pains me to say it, this is the truth.

Now, it does have the capability to become the strongest, so do take that into account.
I agree. Even it has high market value, it can't be the greatest currency. Only a part of the world accepts bitcoin. It doesn't even legal in some countries. It can only be the strongest if after it has been legalized in every country of the world it retains its value and can be used for offline transactions in other word, in every day living
Bitcoin will never become the strongest currency in the world because a lot of the people still uses fiat currency and the governments from different countries will not allow bitcoin to become the strongest or even most used currency because it will be the cause for the fall of fiat currency in the world.