Post
Topic
Board Bitcoin Discussion
Re: Bitcoin will not become the world currency.
by
Mauser
on 06/02/2023, 07:55:35 UTC

After I figured it out, I no longer expect Bitcoin to be recognized by the state, and it doesn't need to be. It is part of a special asset, not a currency.
So I don't think Bitcoin is going to become a fiat currency.


I disagree with you, some minor nations have already accepted Bitcoins as their legal tender and it's only a matter of time for other countries to follow. The current system we have in place is flawed and needs to change over time. In most western countries politicians have full control over money supply and can print money when they need it. The intention was that countries can withstand a crisis better by printing more money, but the problem is politicians use it too often when they are not keeping their budget in check. In my opinion it's only a matter of time for people to demand change and a better control over the value of their money. Bitcoin would be the perfect tool for a country to keep the value of their currency and not allow politicians too freely print new money. And it's up to all of us the consumers to make Bitcoin a real currency by spending it regularly.