Post
Topic
Board Bitcoin Discussion
Re: Will Bitcoin be accepted as a dominant currency in the future?
by
Yamane_Keto
on 02/10/2023, 10:05:24 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".
Accepted by whom? There are countries that have adopted Bitcoin as a legal currency and countries that have banned Bitcoin. If we say that you are talking about global adoption, what is the criterion that will determine this? Is it the number of individuals who use Bitcoin, the number of transactions per day, the price increase, or what?

The definition of adoption of Bitcoin will determine when this will happen. My definition of it is payment directly with Bitcoin, the presence of wide options for spending, and the ease of converting Bitcoin into cash in almost every country in the world. If this happens, then I will say that there is global adoption of Bitcoin, which may take a few years, up to 2040.
It is the first time to see this term  DDC (decentralized digital currency)