Why do People See Bitcoin as a one world currency? Naturally, many people believe that Bitcoin is destined to be the one world Currency because it is the first, largest, and most widely adopted cryptocurrency. In reality, we will have many types of cryptocurrencies - both centralized and decentralized, fiat-backed and non-fiat backed. The idea of fiat-backed cryptocurrencies may not sound attractive to you, but they provide some important advantages. Let’s dig in.