We know the US dollar is the world-accepted banknote and can be used as a medium of trade. In the crypto world, Bitcoin is the most popular and the highest-received currency with incredible value. Different nations have authorized bitcoin for transactions and multiple of them are sentiments. Its approval is slowly expanding day by day. Do you think bitcoin will be the commander of the worlds currency market like the US dollar in destiny?
It is indeed very possible to happen to Bitcoin if the whole world wants to accept Bitcoin as currency in any case including world trade. But to become a commander in a market like the US dollar will not be as easy as we think. Because rivaling the US dollar which is so popular in the world, it is clear that it takes a lot of time and the recipient must also think about what risks they have to face by accepting Bitcoin in their trading.
The US dollar currency is a currency that is very guarded now so other currencies and Bitcoin I think can only be an additional option in payment in trading because it's not going to be easy enough to get rid of the US dollar and surpass it in any case in a short time, because Bitcoin needs to move all sectors and lines in order to accept it in all respects.