Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin the Future of Global Payments? When can officially declare?
by
tbct_mt2
on 24/09/2024, 05:24:30 UTC
Bitcoin has the potential to reshape global payments by offering faster, borderless transactions with lower fees compared to traditional banking systems.

While it's not yet ready to fully replace traditional currencies, Bitcoin could become a viable option for cross-border payments and financial inclusion in the future.
Bitcoin pioneers the blockchain industry and motivates development of Bitcoin ecosystem, then altcoin ecosystems, and recent years as well as in future, CBDCs (Central Bank Digital Currencies).

Something you must know that you are wrong. Bitcoin does not reshape global payments or does not replace traditional currencies. It is one of alternatives, Bitcoin together with altcoins, for fiat currencies and bank systems. There will be people who are ready and happily to use Bitcoin while others dislike it and don't want to use it. Same with national scale, some nations accept it, some make it legal tender, but some countries will consider it as illegal.

Word map for Bitcoin Legality will become better for Bitcoin adoption but the map for CBDCs will expand to more nations.
Bitcoin Legality Map
https://newhedge.io/terminal/bitcoin/legality-map
https://coin.dance/poli/legality

Central Bank Digital Currencies Status
https://cbdctracker.org/
https://www.atlanticcouncil.org/cbdctracker/
https://cbdctalks.com/