Topic: Bitcoin can not replace fiat - page 109. (Read 163793 times)
In a few decades, the bitcoin or another coin, maybe Ethereum will be used widely, could even replace certain fiat.
yes it may not be possible in present time. because about 99% people still using fiat currency. and those who are using bitcoin they also using it as a second option. so in present time it may not be possible. but i think in future if all the countries equally legalize bitcoin and people start bitcoin to use in their local market then it is possible that people will mostly replace their fiat to bitcoin.
bitcoin means think different. the majority of the people are not ready for a great alternative as bitcoin. they follow everything their government tells them to do. even if a lot people will start to use bitcoin, nothing will change. the only entity that is able to replace fiat are the governments themselves. and they obviously won't do that.
yes it may not be possible in present time. because about 99% people still using fiat currency. and those who are using bitcoin they also using it as a second option. so in present time it may not be possible. but i think in future if all the countries equally legalize bitcoin and people start bitcoin to use in their local market then it is possible that people will mostly replace their fiat to bitcoin.
bitcoin means think different. the majority of the people are not ready for a great alternative as bitcoin. they follow everything their government tells them to do. even if a lot people will start to use bitcoin, nothing will change. the only entity that is able to replace fiat are the governments themselves. and they obviously won't do that.
Fiat is still remain and will never replace by any other currency and fiat is the major currency which always used by the people, if bitcoin will have a great value more people will used thin but fiat is still there.
It is of the same opinion, and I adhere to. Hardly ever Bitcoin will replace the domestic currency of any country. It may be in the future, to simplify calculations in the international level. People and adopt the single currency. But whether it is Bitcoin, not one who can not now guarantee this. 
yes it may not be possible in present time. because about 99% people still using fiat currency. and those who are using bitcoin they also using it as a second option. so in present time it may not be possible. but i think in future if all the countries equally legalize bitcoin and people start bitcoin to use in their local market then it is possible that people will mostly replace their fiat to bitcoin.
bitcoin means think different. the majority of the people are not ready for a great alternative as bitcoin. they follow everything their government tells them to do. even if a lot people will start to use bitcoin, nothing will change. the only entity that is able to replace fiat are the governments themselves. and they obviously won't do that.
yes it may not be possible in present time. because about 99% people still using fiat currency. and those who are using bitcoin they also using it as a second option. so in present time it may not be possible. but i think in future if all the countries equally legalize bitcoin and people start bitcoin to use in their local market then it is possible that people will mostly replace their fiat to bitcoin.
I fully agree with your words. And the global economy, is ready to accept the single currency for the calculation. But the fact that the political situation in the world. It is unlikely that allow this plan come to fruition in the near future. Everyone wants to be addicted. The common currency will not allow it. 
yes it may not be possible in present time. because about 99% people still using fiat currency. and those who are using bitcoin they also using it as a second option. so in present time it may not be possible. but i think in future if all the countries equally legalize bitcoin and people start bitcoin to use in their local market then it is possible that people will mostly replace their fiat to bitcoin.
Fiat is still remain and will never replace by any other currency and fiat is the major currency which always used by the people, if bitcoin will have a great value more people will used thin but fiat is still there.
in present time as most of the people have no idea about bitcon. so many people are still there who have yet not hear the name of bitcoin so they have only one choice and that is the fiat currency. so we can sa that in present time or in present future it is impossible that bitocin will take the place of fiat currency.
In coming decades in case we have the same inspiration and adaptation as today. No one one can imagine 50 years ago that debit and credit can replace the dollars in daily life uses , so who know it might happen if we get more official adaptation and i wish to be there when it comes.
they have not yet replaced fiat (in form of paper money) and people are still using paper for their money transfers.
and bitcoin has a very long way to go and push all these competition (fiat, credit cards,...) to replace them and it is going to take forever.
but online transactions is another story in my opinion and it can replace fiat online.
less than 1% of my pruchase is by using the bitcoin. I think it will take long time to reach 50% or more.
in present time as most of the people have no idea about bitcon. so many people are still there who have yet not hear the name of bitcoin so they have only one choice and that is the fiat currency. so we can sa that in present time or in present future it is impossible that bitocin will take the place of fiat currency.
In coming decades in case we have the same inspiration and adaptation as today. No one one can imagine 50 years ago that debit and credit can replace the dollars in daily life uses , so who know it might happen if we get more official adaptation and i wish to be there when it comes.
they have not yet replaced fiat (in form of paper money) and people are still using paper for their money transfers.
and bitcoin has a very long way to go and push all these competition (fiat, credit cards,...) to replace them and it is going to take forever.
but online transactions is another story in my opinion and it can replace fiat online.
in present time as most of the people have no idea about bitcon. so many people are still there who have yet not hear the name of bitcoin so they have only one choice and that is the fiat currency. so we can sa that in present time or in present future it is impossible that bitocin will take the place of fiat currency.
In coming decades in case we have the same inspiration and adaptation as today. No one one can imagine 50 years ago that debit and credit can replace the dollars in daily life uses , so who know it might happen if we get more official adaptation and i wish to be there when it comes.
in present time as most of the people have no idea about bitcon. so many people are still there who have yet not hear the name of bitcoin so they have only one choice and that is the fiat currency.
It will never be possible even if we had a thousand years to go, no government in this country will be willing to give up their fiat to be in place of bitcoin unless the country's economy has gone down to a level of insanity just like greece but then there is always other options besides using bitcoin
Even if fiat is not anymore the best option for the governments, then still Bitcoin won't come up in their minds. They will not allow something they have no control over. On top of that, it will cost the governments billions in lost profits and revenue every year.
in present time as most of the people have no idea about bitcon. so many people are still there who have yet not hear the name of bitcoin so they have only one choice and that is the fiat currency.
It will never be possible even if we had a thousand years to go, no government in this country will be willing to give up their fiat to be in place of bitcoin unless the country's economy has gone down to a level of insanity just like greece but then there is always other options besides using bitcoin
in present time as most of the people have no idea about bitcon. so many people are still there who have yet not hear the name of bitcoin so they have only one choice and that is the fiat currency. so we can sa that in present time or in present future it is impossible that bitocin will take the place of fiat currency.
Bitcoin can and WILL replace fiat. There is no doubt about it, at all.
Why? Well, the system of fiat is flawed. The government is in control of everything and they can steal all your money if you wanted to. While this is not the case with bitcoin.
Why? Well, the system of fiat is flawed. The government is in control of everything and they can steal all your money if you wanted to. While this is not the case with bitcoin.
That is right. It will just take some times for that to happen. It might take 5 to 10 decades to replace most currency.
It is impossible to replace fiat by bitcoin but i am sure it will not gonna happen so don't think about it lol
If it will happen then bitcoin must have to conquer all the currencies of world which will take a very long time as you said
Bitcoins will be the one of the payment option in my favorite shops soon, then I will start using it. It is my own experience. I am not going to say fiats will disappear. But, like me many people will use fiats very rarely.
That is excellent. I have used the bitcoins to buy the mining equipment and then mine more bitcoins.
I use the bitcoin to buy graphics cards and other components, then mine the Ethereum and sell Eth for bitcoin.
That is very self sustainable. But that depends on the electricity price and if you can find a good coin to mine.
Bitcoin can and WILL replace fiat. There is no doubt about it, at all.
Why? Well, the system of fiat is flawed. The government is in control of everything and they can steal all your money if you wanted to. While this is not the case with bitcoin.
Why? Well, the system of fiat is flawed. The government is in control of everything and they can steal all your money if you wanted to. While this is not the case with bitcoin.
That is right. It will just take some times for that to happen. It might take 5 to 10 decades to replace most currency.
It is impossible to replace fiat by bitcoin but i am sure it will not gonna happen so don't think about it lol
If it will happen then bitcoin must have to conquer all the currencies of world which will take a very long time as you said
Bitcoins will be the one of the payment option in my favorite shops soon, then I will start using it. It is my own experience. I am not going to say fiats will disappear. But, like me many people will use fiats very rarely.
That is excellent. I have used the bitcoins to buy the mining equipment and then mine more bitcoins.
I use the bitcoin to buy graphics cards and other components, then mine the Ethereum and sell Eth for bitcoin.
Bitcoin can and WILL replace fiat. There is no doubt about it, at all.
Why? Well, the system of fiat is flawed. The government is in control of everything and they can steal all your money if you wanted to. While this is not the case with bitcoin.
Why? Well, the system of fiat is flawed. The government is in control of everything and they can steal all your money if you wanted to. While this is not the case with bitcoin.
That is right. It will just take some times for that to happen. It might take 5 to 10 decades to replace most currency.
It is impossible to replace fiat by bitcoin but i am sure it will not gonna happen so don't think about it lol
If it will happen then bitcoin must have to conquer all the currencies of world which will take a very long time as you said
Bitcoins will be the one of the payment option in my favorite shops soon, then I will start using it. It is my own experience. I am not going to say fiats will disappear. But, like me many people will use fiats very rarely.
That is excellent. I have used the bitcoins to buy the mining equipment and then mine more bitcoins.
Bitcoin can and WILL replace fiat. There is no doubt about it, at all.
Why? Well, the system of fiat is flawed. The government is in control of everything and they can steal all your money if you wanted to. While this is not the case with bitcoin.
Why? Well, the system of fiat is flawed. The government is in control of everything and they can steal all your money if you wanted to. While this is not the case with bitcoin.
That is right. It will just take some times for that to happen. It might take 5 to 10 decades to replace most currency.
It is impossible to replace fiat by bitcoin but i am sure it will not gonna happen so don't think about it lol
If it will happen then bitcoin must have to conquer all the currencies of world which will take a very long time as you said
Bitcoins will be the one of the payment option in my favorite shops soon, then I will start using it. It is my own experience. I am not going to say fiats will disappear. But, like me many people will use fiats very rarely.
Bitcoin can and WILL replace fiat. There is no doubt about it, at all.
Why? Well, the system of fiat is flawed. The government is in control of everything and they can steal all your money if you wanted to. While this is not the case with bitcoin.
Why? Well, the system of fiat is flawed. The government is in control of everything and they can steal all your money if you wanted to. While this is not the case with bitcoin.
That is right. It will just take some times for that to happen. It might take 5 to 10 decades to replace most currency.
It is impossible to replace fiat by bitcoin but i am sure it will not gonna happen so don't think about it lol
If it will happen then bitcoin must have to conquer all the currencies of world which will take a very long time as you said
Bitcoin can and WILL replace fiat. There is no doubt about it, at all.
Why? Well, the system of fiat is flawed. The government is in control of everything and they can steal all your money if you wanted to. While this is not the case with bitcoin.
Why? Well, the system of fiat is flawed. The government is in control of everything and they can steal all your money if you wanted to. While this is not the case with bitcoin.
That is right. It will just take some times for that to happen. It might take 5 to 10 decades to replace most currency.
But I think fiat will have its own value and will not be replaced by any crypto currency like bitcoin, as fiats are the national currencies of the states and they do not want to replace it with any other currency so they will keep fiat is some parts of their states.
Jump to: