What are the possibilities of Bitcoin becoming the central world currency .
I feel strongly that Bitcoin will be more used and accepted than even Dollars.
With the fast growing rate of Bitcoin in the world what are you taught's and opinions ? Kindly share
It is a world currency already. But it cannot be used everywhere, and I think even Bitcoin users do not expect to use Bitcoin on daily transactions. For example, let's say you want to pay $1 for something, would you use Bitcoin to pay that bill? The transaction fee will cost more than 20% of your bill, and it depends on the blockchain congestion. Sometimes, you will have to pay $5 as a transaction fee to transfer that one dollar.
Also, due to its nature, you will have to wait from five minutes to 60 minutes for a transaction to get confirmed. Would you like to waste that much time every time you pay using Bitcoin? I don't think so. The solution is Lightning Chain. I don't even know if that is real Bitcoin.