Hello guys,
Do you think bitcoin will be a threat to USD and Pound Sterling in the nearest future?
if yes, give an estimated time this can happen.
From the statement of CEO of twitter.
Bitcoin will be the only one currency in 10 years from now.
So, i think there will be no fiat anymore in this world in 10 years, everything is digitalize and online.
Bitcoin or any other crypto currency can not become a single currency of the world, nor the basic currency of any particular state. This will always be hampered by the lack of complete regulation of the country's crypto currency and its greater volatility. In this regard, the crypto currency can only slightly squeeze the usual currency in use, but it can not harm ordinary currency, including the dollar or pound sterling. Decentralized crypto currency can only go in parallel with other types of national currencies, however, they can not be substituted.