The Vatican is nothing outside of Catholicism and the influence of the press on the weak-minded. They count for nothing.For a long time now the political elite and the leaders of the Vatican have been looking for a world government and currency, I believe that bit coin will be used for this.
Agree. I do believe that bitcoin is a part of financial future and great way to become an investor, but I have doubts that it can possibly replace traditional money or become world currency.I think it'll continue to be used as an asset. It's not suitable for paying for goods and services. It's way to expensive.
Can you clarify in what way you think bitcoin is "way too expensive"? Do you mean acquiring bitcoin or spending bitcoin? My personal experience using bitcoin has been very fluid. Admittedly, there was a time last year that fees were increasing, but the upgrades Bitcoin Cash brought have eliminated that headache. Now, as per the original Satoshi plan, we have plenty of space for transactions and they're confirming with super-low fees.I think it'll continue to be used as an asset. It's not suitable for paying for goods and services. It's way to expensive.
Yes, they can not even settle just yet, and without control from the states, no one will make bitcoins world currency officiallyI think it would be too far out at this point in time. Lots of factors to consider and until we see countries doing efforts to independently legislate policies that will regulate cryptocurrencies in their own jurisdiction, then the thought of it becoming a sole currency would be far fetched.
I completely agree with you. At current time btc cannot replace physical money at all and become a world currency. But maybe in future things will change.I think it'll continue to be used as an asset. It's not suitable for paying for goods and services. It's way to expensive.
I agree. I don't think we are ready for bitcoin or in fact any cryptocurrency to become a world wide payment method. But then again I think this could happen in the future. Not because countries come to an agreement but because people all over might be using technologies for services and products and as we see today, these are increasingly payable with bitcoin. Quite some potential there.In many countries bitcoin is recognized as a digital asset, sooner or later the crypto currency will become denser in people's lives and at the state level
The cryptocurrencies themselves are still underdevelopedIt is not feaseable enough to make cryptocurrency a real life currency. There are a lot of complications in it. The biggest hurdle is to implement it in remote areas. You have to first educate the people and then provide them with internet facilities to help make the transactions.
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