Post
Topic
Board Bitcoin Discussion
Re: Can Bitcoin become a world central currency?
by
Kelward
on 19/05/2025, 07:29:24 UTC
Hence, haven said all this I think the next step of Bitcoin should be targeted at becoming a central world currency having it's own bank and printed in all countries for use. Then it can be a centralized currency for global use and not only on the digital world
That won't be Bitcoin anymore. It would be just another centralized fiat with the same fundamental problems that led to creation of decentralized bitcoin with a capped supply.
It makes no sense to destroy Bitcoin like that!
Satoshi, created Bitcoin and disappeared to proof that Bitcoin doesn't need an owner or a centralized authority to own it. The essence of Bitcoin will be lost if it where ever to be printed like a physical cash, then it'll have a central bank to monitor and regulate it. What makes Bitcoin to be different from fiat is that it is decentralized and have a limited supply, it goes against everything that fiat represents. Bitcoin don't have to be printed as physical cash to become a global currency, it's adoption is increasing very fast and in years to come I believe that p2p transactions will become very common like fiat.