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?
No, Bitcoin will always be an alternative currency. Powerful governments will not allow Bitcoin to be their main currency because Bitcoin is decentralized and is not controlled by the government. the government think that it will be catastrophic if they lose control over their financial system so I think the best position bitcoin have is just being an alternative. Nothing more. Bitcoin can lead the cryptocurrency industry but it will not replace fiat currency to dominate the global market.