Do you think Bitcoin will become the reserve currency of the world sometime in the future? I was wondering about this since Bitcoin is now a widely used cryptocurrency worldwide. Since most altcoins in the market today, are dependent on Bitcoin's price movements, it seems like Bitcoin is the reserve currency of cryptocurrencies.
However, if Bitcoin tends to become more popular each day, it could eventually take the USD's place as the reserve currency of the world. Hence, what are your thoughts about this? Will it happen or not?
However, if Bitcoin tends to become more popular each day, it could eventually take the USD's place as the reserve currency of the world. Hence, what are your thoughts about this? Will it happen or not?
As for me, bitcoin is quite too far from being the reserve currency of the world but it would be the best digital currency that we could ever have. We are actually using it as a currency and it's being used to transact faster and more convenient so I think it could go beyond being just a reserved currency in the future.
But the trend is going there already, soon or later they wil follow this path. For this time may be it still can't but how about 10 years later, we will never know right? And many of them already adopt bitcoin like crazy. What I heard of is some of the country already trying to adopt the blockchain tech into their life. So I can say for the current time may be it is not bitcoin time yet but soon it will be reserved