Topic: Bitcoin can not replace fiat - page 113. (Read 163793 times)

Quote from: fkvidar on July 07, 2016, 03:19:14 AM

Well IMO bitcoin can replace fiat in the future. It is possible if there would be a major crisis that will happen on fiat I think and then everyone will switch to bitcoin. Well it seems impossible but I think there's a possibility that it will happen.

No major crisis will happen because if it will take bitcoins will also affected, it is just good to see two currency working together and there is not need to replace one currency to have a better world.

The replacement of fiat with bitcoin wont happen, just compare the volume of dollars at forex or any other currencie and will see that bitcoin its just a portion from the total, very tiny. The future should be coming over the next 50 years printed money will became digital as bitcoin nowadays soo its a great combination have both.

You are completely right, we are just dreaming if we are thinking that way because it is so unrealistic and I just love that to happen but it just can't take place, it would be my interest as I have been saving in the future.

Both are different currencies and cannot replace each other, and if have opportunity to use both them then why to choose single one, use it according to your convenience.

Bitcoin can not replace the traditional currency of each country i think bitcoin will remain as cryptocurrency which is good to us because we can use it and spend it without tax imposed.

Yes its not possible for bitcoin to replace any paper currency, as the market cap of fiat is too huge and comparatively bitcoin is too small, and Government will never permit bitcoin to get on the mainstream.

akosimakulit

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No even if all people using bitcoin they cant replace fiat. What if all people using bitcoin and we don't have fiat what are we using? Bitcoin?. If Bitcoin is our fiat How we can transfer the bitcoin if we don't have internet? We don't have electricity?. Bitcoin cant replace fiat even if bitcoin is famous or even if all people in the world are using bitcoin.

chineseprancing

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Quote from: Hatuferu on July 06, 2016, 09:43:40 PM

Quote from: Hatuferu on July 06, 2016, 09:43:40 PM

Well IMO bitcoin can replace fiat in the future. It is possible if there would be a major crisis that will happen on fiat I think and then everyone will switch to bitcoin. Well it seems impossible but I think there's a possibility that it will happen.

No major crisis will happen because if it will take bitcoins will also affected, it is just good to see two currency working together and there is not need to replace one currency to have a better world.

The replacement of fiat with bitcoin wont happen, just compare the volume of dollars at forex or any other currencie and will see that bitcoin its just a portion from the total, very tiny. The future should be coming over the next 50 years printed money will became digital as bitcoin nowadays soo its a great combination have both.

You are completely right, we are just dreaming if we are thinking that way because it is so unrealistic and I just love that to happen but it just can't take place, it would be my interest as I have been saving in the future.

Both are different currencies and cannot replace each other, and if have opportunity to use both them then why to choose single one, use it according to your convenience.

Bitcoin can not replace the traditional currency of each country i think bitcoin will remain as cryptocurrency which is good to us because we can use it and spend it without tax imposed.

fkvidar

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Well IMO bitcoin can replace fiat in the future. It is possible if there would be a major crisis that will happen on fiat I think and then everyone will switch to bitcoin. Well it seems impossible but I think there's a possibility that it will happen.

No major crisis will happen because if it will take bitcoins will also affected, it is just good to see two currency working together and there is not need to replace one currency to have a better world.

The replacement of fiat with bitcoin wont happen, just compare the volume of dollars at forex or any other currencie and will see that bitcoin its just a portion from the total, very tiny. The future should be coming over the next 50 years printed money will became digital as bitcoin nowadays soo its a great combination have both.

You are completely right, we are just dreaming if we are thinking that way because it is so unrealistic and I just love that to happen but it just can't take place, it would be my interest as I have been saving in the future.

Both are different currencies and cannot replace each other, and if have opportunity to use both them then why to choose single one, use it according to your convenience.

Enotche

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Do not expect that bitcoin will replace fiat, as it is only the first stage of the emergence of full-fledged and independent online money, independent of national governments and regulatory authorities. Moreover, the emergence of cryptocurrency can cause the gradual evolution of the national currency, under the influence of intense competition the use of "conventional money" may be much more convenient, as the central banks have to give up a number of limitations.

Hatuferu

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Well IMO bitcoin can replace fiat in the future. It is possible if there would be a major crisis that will happen on fiat I think and then everyone will switch to bitcoin. Well it seems impossible but I think there's a possibility that it will happen.

No major crisis will happen because if it will take bitcoins will also affected, it is just good to see two currency working together and there is not need to replace one currency to have a better world.

The replacement of fiat with bitcoin wont happen, just compare the volume of dollars at forex or any other currencie and will see that bitcoin its just a portion from the total, very tiny. The future should be coming over the next 50 years printed money will became digital as bitcoin nowadays soo its a great combination have both.

You are completely right, we are just dreaming if we are thinking that way because it is so unrealistic and I just love that to happen but it just can't take place, it would be my interest as I have been saving in the future.

funbarrel

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actually i think that bitcoins will replace fiat in like a few decades hopefully because in my opinion bitcoin is stronger than fiat

Doamader

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Well IMO bitcoin can replace fiat in the future. It is possible if there would be a major crisis that will happen on fiat I think and then everyone will switch to bitcoin. Well it seems impossible but I think there's a possibility that it will happen.

No major crisis will happen because if it will take bitcoins will also affected, it is just good to see two currency working together and there is not need to replace one currency to have a better world.

The replacement of fiat with bitcoin wont happen, just compare the volume of dollars at forex or any other currencie and will see that bitcoin its just a portion from the total, very tiny. The future should be coming over the next 50 years printed money will became digital as bitcoin nowadays soo its a great combination have both.

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