Post
Topic
Board Bitcoin Discussion
Re: Can Bitcoin become the universal currency of the world? What is the reason?
by
BitcoinPanther
on 01/11/2018, 23:25:31 UTC
I do think bitcoin has a lot of potential to be the currency of the world. Primarily, it feels like bitcoin is ready to be one. With bitcoin being permissionless and borderless, anyone in any part of the globe may acquire a bitcoin wallet and can transact immediately afterwards.

Being permissionless, no one will be denied the utilization of bitcoin, there will be ni strict requirement compliance and there are no waiting time for approval processing.

Being borderless, it will not be bitcoin that will dictate where in the globe it can be used as it may be utilize anywhere in the world, instead, it will be the countries that will decide whether to embrace bitcoin or not.

So i guess yes, bitcoin is ready to be the global currency.