Bitcoin has an exciting development; it might lead to a world currency- Kim Dotcom

[Starmix]

Kim Dotcom’s quote expresses optimism about Bitcoin's potential to evolve into a global currency. It suggests that Bitcoin's unique properties could make it a viable alternative to traditional fiat currencies, potentially leading to a more unified and decentralized global financial system. Dotcom sees Bitcoin as a significant and promising innovation.

For Bitcoin to become a world currency, it would need to be widely adopted by individuals, businesses, and governments. This would require overcoming significant challenges, such as regulatory uncertainty, scalability issues, and price volatility.

A world currency could simplify international trade, reduce transaction costs, and promote greater economic stability. It could also reduce the power of individual governments to control their own economies.

 

[Nomad]

I hate to read or hear from these so called experts. Someone say something and other say other things. They are just trying to fish in the muddy water. With the kind of volatility Bitcoin has, it is farm from becoming world currency.

 

[Starmix]

Indeed, it is far beyond reality. It will never happen that Bitcoin becomes the world's currency. Not all like crypto, and not all have skills and knowledge about crypto. People will be like dismembered.

 

[riberet19]

Development in what sense? In terms of price, I suppose, because technically, Bitcoin is practically a rock; it's been dead in development since 2017.