Post
Topic
Board Bitcoin Discussion
Re: Will Bitcoin be accepted as a dominant currency in the future?
by
deathcode
on 30/09/2023, 23:16:10 UTC
It is captivating for us all to witness the evolution of a DDC (decentralized digital currency) that has the ability and potential to change the financial world forever but there is a question that needs to be tabled properly for the purpose of awareness and well preparedness for the future and that is "is it possible for BTC to be accepted and adopted as a dominant currency in the nearest future".
I don't know, no one can predict the future, but I think that in the near future or in the next few years Bitcoin is unlikely to become a dominant currency or the main currency used in the continuity of the economic system of several countries, because even now there are still many countries that There are no clear rules or regulations regarding the acceptance of crypto itself.
It is possible that some countries will only try to recognize and regulate and make Bitcoin only an investment asset or a commodity instrument but will not make Bitcoin their main currency, because for now if the government only uses Bitcoin as a currency the main thing is that it is the same as destroying the financial system that they have built and that will definitely cause many problems which will ultimately cause chaos in the country.
Moreover, Satoshi's goal in creating Bitcoin was not to make Bitcoin the main currency in the world, but Satoshi created Bitcoin to provide an alternative in a decentralized financial system and not depend on third parties, right?.