Post
Topic
Board Bitcoin Discussion
Re: Can Bitcoin become a world central currency?
by
Synchronice
on 19/05/2025, 16:24:28 UTC
The rise of Bitcoin have been iconic and it's massive impact on the world's economy. So far Bitcoin is the highest currency as I like to put it. It has become a well known digital currency around the world in just over 16years of it's existence.

Moreso, it is also a well known fact that Bitcoin stands out among it's fellow digital currencies and the highest among them. It's also independent from any central bank of any country.

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

What's your take on this?

How on planet earth can someone think that Bitcoin can become a world central currency? Do you really think that there will be Bitcoin and all trades will be done in Bitcoin instead of US dollar? Bitcoin is a world currency only in terms of making a payment, i.e. you can send Bitcoin from any part of the world to any part of the world, doesn't matter where you live, so, in that sense, Bitcoin is already a world currency but in sense that you speak, there is no way for Bitcoin to happen that. Bitcoin has a limited supply, it can't be printed, it's mined.