Will bitcoin become a widely accepted form of money? - Search
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  1. GOBankingRates
    https://www.gobankingrates.com/.../will-bitcoin-ever-be-accepted-widely-form-payment

    Will Bitcoin Ever Be Accepted Widely as a Form of Payment?

    • Globally, we may see the adoption of bitcoin outpace the dollar, said Neil Bergquist, CEO and co-founder at the digital currency exchange Coinme. “It is entirely possible that bitcoin will be a widely a… See more

    No, It Won’T Be Adopted Widely Without Government Regulation

    “Bitcoin is one of the most successful and proven cryptocurrencies in existence. However, it still lacks the stability that most currencies that are widely adopted need to have,” said … See more

    GOBankingRates
    No, But Other Cryptocurrencies May Be

    There are inherent issues with bitcoin that will prevent it from being used widely, said Lucio Intelligente, a private banker, investor and executive director at REYL Group. “A digital curre… See more

    GOBankingRates
    Yes, But It May Take A While

    Angelo D’Alessandro, CEO of the banking app BELLA, does see a future in which we’ll be able to pay for everyday transactions with bitcoin — but it will take a while for us to get there… See more

    GOBankingRates
    No, Unless It Becomes ‘Boring’

    “The dollar is ubiquitous because it’s trusted, regulated and consistent. That’s everything bitcoin isn’t. So no, today’s bitcoin will never be tomorrow’s dollar,” said Howard Dv… See more

    GOBankingRates
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    Table of Contents
    No, It Won’T Be Adopted Widely Without Government Regulation
    No, But Other Cryptocurrencies May Be
    Yes, But It May Take A While
    No, Unless It Becomes ‘Boring’
    Is Bitcoin just a currency?
     

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  2. "There is a common belief that in order for bitcoin to thrive, it must become widely adopted as a form of payment. That is not correct. Bitcoin will never be a money substitute for the consumer mass market. It is too slow, expensive, and volatile for that purpose. Stablecoins will fill that purpose. That's why we invented Tether. And that's ok.

    Here's Why Bitcoin Will Never Be a Form of Payment, According t…

    markets.businessinsider.com/currencies/news/bitcoin-will-never-be-form-of-payment-5-experts-2021-2-1030130598
    markets.businessinsider.com/currencies/news/bitcoin-will-never-be-form-of-pay…
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  3. People also ask
    Will bitcoin become a widely accepted form of money?The first question we must answer before we even consider if Bitcoin will become a widely accepted and used form of money is if Bitcoin is, in fact, a good form of money. To answer this, we must see if Bitcoin satisfies the necessary properties of money that we laid out above. Is Bitcoin practical? Bitcoin is practical enough to be money.

    Will Bitcoin Become A Currency? Not A Matter Of If, But When

    seekingalpha.com
    Can bitcoin be used as a payment?Bitcoin, which began circulating in 2009, is attractive for its security, anonymity and de-centralized nature. For some, the possibility of it being used as payment is a ways off, but still has potential.

    Here is why booming bitcoin will never be a form of payment, according

    markets.businessinsider.com
    Is Bitcoin just a currency?Bitcoin isn’t supposed to be just some asset, though. It’s supposed to be a global money. Depending on whom you ask, it will either become the standard medium of exchange for all transactions, or a final medium of settlement for other kinds of money, a bit like the dollars that banks can hold in reserve accounts at the Fed.

    How can bitcoin become money if it is too valuable to spend?

    ft.com
    Will bitcoin become widely used in transactions?One is the assumption that bitcoin could become widely used in transactions. This is not likely, as bitcoin processes blocks of transactions once every 10 minutes on average and the digital width of a block is limited. These latency and block-size constraints are an integral part of the trustless, decentralised “proof of work” design of bitcoin.

    Letter: Why bitcoin can never be a reserve currency - Financial Times

    ft.com
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  4. Markets Insider
    https://markets.businessinsider.com/currencies/...

    Here's Why Bitcoin Will Never Be a Form of Payment, According …

     
  5. Yahoo Finance
    https://finance.yahoo.com/news/bitcoin-ever...

    Will Bitcoin Ever Be Accepted Widely as a Form of Payment?

  6. Seeking Alpha
    https://seekingalpha.com/article/4453928

    Will Bitcoin Become A Currency? Not A Matter Of If, …

    WEBSep 7, 2021 — The first question we must answer before we even consider if Bitcoin will become a widely accepted and used form of money is if Bitcoin is, in fact, a good form of money.

  7. Forbes
    https://www.forbes.com/sites/digital-assets/2023/...

    Bitcoin's Evolution Into A Legitimate Form Of Money - Forbes

  9. The Conversation
    https://theconversation.com/almost-no-one-uses...

    Almost no one uses Bitcoin as currency, new data proves. It’s …

  10. Council on Foreign Relations
    https://www.cfr.org/backgrounder/crypto-question...

    The Crypto Question: Bitcoin, Digital Dollars, and the Future of …

  11. Money
    https://money.com/is-bitcoin-crypto-actually-currency

    Will Bitcoin Ever Become Useful Currency? - Money

  12. Forbes
    https://www.forbes.com/sites/peterizzo/2022/03/28/...

    Bitcoin After 2140: Differing Views On The Future Of The ... - Forbes

  13. TIME
    https://time.com/6108232

    The Future of Bitcoin is Complicated | TIME

  14. Forbes
    https://www.forbes.com/sites/rogerhua…

    Why Countries Should Embrace Bitcoin Instead Of …

    WEBDec 18, 2022 — Bitcoin brings with it a full payments stack without needing help from a nation-state bloc to implement, allowing a country to become truly independent of any of the polar powers in the world.

  15. Financial Times
    https://www.ft.com/content/366202e0-16dc-48c4-a111-3abfd3d677c2

    Letter: Why bitcoin can never be a reserve currency - Financial …

  16. TheStreet
    https://www.thestreet.com/crypto/innovation/will...

    Will Bitcoin Ever Be an Effective Medium of Exchange?

  17. Reuters
    https://www.reuters.com/business/cryptoverse-10...

    Cryptoverse: 10 billion reasons bitcoin could become a reserve …

  18. Investopedia
    https://www.investopedia.com/tech/what-will-happen...

    What Will Happen to Bitcoin in the Next Decade? - Investopedia

  19. Medium
    https://medium.com/coinmonks/bitcoin-is-on-the...

    Bitcoin Is on the Path to Becoming the Money of the Future

  20. Seeking Alpha
    https://seekingalpha.com/article/4400007-how-and...

    How And Why Bitcoin Could Become A New Reserve Currency

  21. Yahoo Finance
    https://finance.yahoo.com/news/bitcoin-ever...

    Will Bitcoin Ever Be Accepted Widely as a Form of Payment?

  22. CoinMarketCap
    https://coinmarketcap.com/academy/article/the-pros...

    The Pros and Cons of Accepting Bitcoin as Legal Tender

  23. Investopedia
    https://www.investopedia.com/ask/answers/100314/...

    Why Do Bitcoins Have Value? - Investopedia

  24. Cointelegraph
    https://cointelegraph.com/news/when-will-bitcoin...

    When Will Bitcoin Achieve Mass Adoption And Is It Even Possible

  25. Forbes
    https://www.forbes.com/sites/digital-assets/2024/...

    Bitcoin As Reserve Currency – A New Geopolitical Force - Forbes

  26. CNBC
    https://www.cnbc.com/2024/09/11/bitcoin-may-soon...

    Bitcoin may soon hit six figures regardless of election, investors say

  27. Financial Times
    https://www.ft.com/content/b4023a49-2819-4a01-94f6-2a8f6dc77c18

    How can bitcoin become money if it is too valuable to spend?

  28. Facebook
    https://www.facebook.com/PastorAgyemangElvis/...

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