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.

 

[kit_hung]

If you don’t believe in change, you’ll be left behind. Kim Dotcom has high hopes for Bitcoin as a global currency. He sees its unique potential as a way to create a unified financial system, free from government control.

But for that to happen, individuals, businesses and governments must embrace it. Challenges such as unclear regulations, price fluctuations and system capacity need to be addressed. Without them, it’s a pipe dream.

If Bitcoin succeeds, international trade will become easier, costs will be lower and the global economy will be more stable. Governments will also lose the power to control their economies. It’s a long journey, but it’s possible with the right steps.

 

[Starmix]

It might be true or not true. Not all are aware and interested in Bitcoin.It might only be embraced by the rich people to add their wealth but the poor can never have a chance.

 

[Webster]

Kim Dotcom’s quote expresses optimism about Bitcoin's potential to evolve into a global currency.

Given Kim Dotcom's sketchy history I'd sooner believe Jerome Powell on Bitcoin becoming a global currency....

True Crime Story - Kim Dotcom

<p>Kim Dotcom</p>

www.unodc.org

Malicious Life Podcast: King Kimble - Kim DotCom

The US government says that Kim Schmitz, better known as Kim DotCom, is the leader of a file sharing crime ring. He sees himself as an internet freedom fighter: a fugitive on the run from vindictive overly-powerful governments. Can King Kimble escape the wrath of the USA? Check it out...

www.cybereason.com

View of Global Policing and the Case of Kim Dotcom

www.crimejusticejournal.com

That said, I very well could see Bitcoin becoming a global currency alongside the U.S. dollar.

 

[Starmix]

Given Kim Dotcom's sketchy history I'd sooner believe Jerome Powell on Bitcoin becoming a global currency....

True Crime Story - Kim Dotcom

<p>Kim Dotcom</p>

www.unodc.org

Malicious Life Podcast: King Kimble - Kim DotCom

The US government says that Kim Schmitz, better known as Kim DotCom, is the leader of a file sharing crime ring. He sees himself as an internet freedom fighter: a fugitive on the run from vindictive overly-powerful governments. Can King Kimble escape the wrath of the USA? Check it out...

www.cybereason.com

View of Global Policing and the Case of Kim Dotcom

www.crimejusticejournal.com

That said, I very well could see Bitcoin becoming a global currency alongside the U.S. dollar.

Wow, that could be possible because President Trump also supports the crypto world.