Post
Topic
Board Economics
Re: Is bitcoin now the strongest currency in the world?
by
sheenshane
on 19/11/2017, 23:57:49 UTC
After the events of last week.

I was making this suggestion to some folks yesterday, but they claimed that bitcoin is too small.  Does it matter?
Yes. Because bitcoin right now is attaining great attention and popularity all over the world even after being banned in China, it still managed to recover and the sudden pump was actually surprising. The users of bitcoin also right now has been increasing greatly and even the investors too so we should expect that sooner or later, bitcoin will take over all the other currency in the world.
Exactly! There is no reason to deny this fact that the bitcoin is having a very good reputation not only in the international market but also amongst the investors. But the thing is till the time bitcoin will not be declared as legal, it is not at all possible for bitcoin to become the strongest currency of the world. Our governments have to think about it seriously if they want to make out maximum profit out of it.
I think even if bitcoin were not in legalization now many investors and traders are still using of it as long as they gained in bitcoin. Popularization of bitcoin today and to the future will bitcoin going stronger in cryptocurrency across in different countries. If bitcoin legalized to our government they manipulate all bitcoin users have a limitations of using of it. But if it is happened we don't know what is in future.