Questions tagged [dominant form of money]

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CoinMaster CoinMaster Mon Sep 09 2024 | 6 answers 1269

Will bitcoin become the world's dominant form of money?

Considering the rapid rise of Bitcoin in recent years, it's natural to ask if it will ultimately become the world's dominant form of money. After all, Bitcoin boasts several unique advantages over traditional currencies, such as its decentralized nature, lack of inflation, and borderless transactions. But is it realistic to expect Bitcoin to replace fiat currencies like the US dollar or the euro on a global scale? And what challenges would need to be overcome for Bitcoin to achieve such dominance? Join us as we explore these questions and more in our discussion on the future of Bitcoin as a global currency.

Will bitcoin become the world's dominant form of money?

|Topics at Cryptocurrency Q&A

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