Post
Topic
Board Bitcoin Discussion
Re: Can Bitcoin become a world central currency?
by
Hamza2424
on 21/05/2025, 16:50:29 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?

It can never have its own bank due to its decentralizd nature as you might know there is no ceo of BTC so who would apply for the all the chartered for BTC in banks although big institutional investors and companies are filling for charter for their BTC investment which might do the same work but that's not enough.

What you want can never really be achieved because BTC is not a stable currency and for being a central currency of any country it have to be stable, it can be a reserve investment for many countries and countries can even care to invest in it to diversify their investments to get more profits and minimze more loss but they would never make it their central currency.