Quote from: HeRetiK on December 25, 2017, 03:39:17 PM

Quote from: CryptoWorld87 on December 25, 2017, 02:59:55 PM

Do you guys billieve that bitcoin will become the only one currency that can use as a mode of payment in the whole world? How is this become posible in the future?

You mean Bitcoin -- or any other cryptocurrency for that matter -- replacing all the fiat currencies in the world?

Not going to happen. At least not within our lifetimes.

Currencies are much more than just a means of payment or value transactions. They are a reflection of the local economies and the sovereign states that issue them. Bitcoin may very well become a globally accepted means of payments like credit cards, existing side by side with fiat currencies, but I doubt that it'll displace fiat currencies any time soon.

I honestly doubt that even the concept of one global currency, that is shared by all, is possible any time soon. There's too many cultural differences and too much conflict of interest to achieve something even close to a one world currency.

The exchange rate of the currency in each country can also be a problem.

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