Post
Topic
Board Economics
Re: Is Bitcoin ready for world wide 1 currency?
by
Nhor1011
on 06/12/2020, 13:49:33 UTC
It will take a very long time for Bitcoin to become the world wide 1 currency. There are still a lot of country that don't know or believe in Bitcoin.

Perhaps digital world wide currency is possible but if you change a Fiat currency with bitcoin to become a worldwide currency it is impossible. A lot of things to consider... Not all countries are already accepting bitcoin, they didn't even  allow their people to use it. Bitcoin is too volatile to become a worldwide currency. Also it always needs internet connection to use and make transaction.   Not all people know how to use it specially those who live in a remote areas.