Bitcoin replaces the money? Could happen? - page 10.

freedomgo

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Quote from: Alauria on October 18, 2016, 03:50:12 AM

Bitcoins exist out of money you stupid idiots and that is why he cant replace the money off course becaus bitcoins are money and you never know anythjing about the
bitcoin stupid people over herre wauw...

There is a nice way of saying that mate, we are here to discuss good suggestion and we should maintain a healthy discussion not calling someone an idiot, the way you say it you have not shared any important information that we can get that is relevant to the subject matter.

Alauria

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Bitcoins exist out of money you stupid idiots and that is why he cant replace the money off course becaus bitcoins are money and you never know anythjing about the
bitcoin stupid people over herre wauw...

phreaky

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Quote from: Jmild1 on July 15, 2016, 11:55:35 AM

Quote from: madwica on July 15, 2016, 02:26:12 AM

Quote from: vero on July 15, 2016, 02:10:16 AM

Quote from: Mr. Big on July 14, 2016, 11:13:34 PM

Quote from: elobizph on July 14, 2016, 11:06:50 PM

i think it cannot happen, because bitcoins is a digital amount, while money was a daily currency needs in exchange of items, also used for payment example payment for transportation and some people had no bitcoins, in additional we need a deep learnings how to improve bitcoins to achieve it. goodluck to us., Grin

Even if bitcoin would improve and be famous, money will still be money, it is much more convenient to use money in real life.. Bitcoin is good in online use, but I don't think that it could beat money in real life use. So, I think, NO, it can't change money but could possibly be a substitute in online transaction instead of linking your cards..

exactly right, not one currency can replace fiat money even 1000 year more than now, we still use fiat money because fiat is under control by government.

That is true that no cryptocurrency can replaced money its because bitcoin is not a legal currency it is digital currency which we can not hold physically that money and we can not spend it for our daily needs while money are always available to spend if you have and all store accepting fiat than bitcoin as their form of payment.

Bitcoin is a legal currency globally. It is the countries choice if he want to restrict bitcoin or not. After all, usage of bitcoin is more convenient in first world countries since technology is widely use in their place. This is not yet advisable in third world countries.

I do not think that Bitcoin is ever going to replace money because that would be so much work and it also can be different per country.
Maybe that some countries are going to let Bitcoin be there main currency.

Oilacris

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Quote from: MingLee on October 18, 2016, 12:40:10 AM

Quote from: milewilda on October 18, 2016, 12:31:23 AM

Quote from: Harlot on October 17, 2016, 11:02:21 PM

Quote from: goldcoinminer on October 17, 2016, 10:47:00 PM

Quote from: ?? on ??

Quote from: bitcoinhopper on October 17, 2016, 03:43:00 AM

Bitcoin is never going to replace money because it is going to be different from country because it would not be possible for Bitcoin to take over all currencies.
Maybe that it will take over a currency from a certain country but I think that it is not going to happen.

We don't know what is going to happen in the future but if we are going to base on our modern era. There are many billionaires that are preferring to use money which has been digitized and bitcoin is good to count and consider with it. So I think that is possible in the future but that is not possible to happen in this days.

Well, there is no impossible things that would happen as this world changes from time to time, we do not know the future so there is possibility but what we are talking here is the chances and I believe the chances to make that happen is very low.

How can a limited type of currency be circulated all around the world? 21000000 ain't enough for all of us. And the rich ones will take advantage of it and will hoard it for its price to increase. The government will take certain steps of precautions before that will ever happen. There are bad scenarios that will happen if you think that bitcoin will ever replace fiat money.

Rich people would really use its edge regarding on holding huge amounts of bitcoin. As you said government would really make steps to prevent this thing on happening. Bitcoin cant replace fiat anytime soon no matter how it would be succesful but still theres no chance that could replace fiat in any way.

Fiat is an essential part of a lot of states that exist in today's world, and likely a lot of the places and countries around the world would be unable to function without fiat money. A change to something that is *more* backed by something as opposed to just trust would be a huge change.

Indeed, fiat is considered as a blood on every state because all things are being moved by money which it circulates on the economy. It wont really function if fiat presence isnt there thats why fiat plays an important role on economic state and thats too hard to bitcoin to replace it.

error08

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Quote from: freedomgo on October 15, 2016, 08:46:27 AM

Quote from: gerXhonza on October 15, 2016, 07:30:30 AM

Quote from: zahra4577 on October 15, 2016, 07:21:35 AM

Quote from: Ryananda on December 25, 2015, 03:01:09 AM

Now in some places to buy goods directly can use bitcoin, how to conduct transactions directly using bitcoin? Because I place no purchases using bitcoin.

Nowadays has developed, which initially buy goods directly can only be used with the currency and credit cards, and can now use bitcoin although only in some places. Is it possible that the next few years means of exchange for transactions money initially turned into bitcoin?

What do you think about this?

Bitcoin is used by a very small number of people. I dont think it can completely send money out of use.Governments will never allow bitcoin to beat their national currencies

Yes that is impossible that bitcoin can ever replace paper money in future and even if bitcoin gets more popular in future it can never exceed the number of users of fiat.

It is possible of course but the chances of making it happen is very dim, bitcoin is not a big thing if you will compare with the paper money which is enforce and regulated by the government, you cannot deny the fact that we are all using paper money and we see it as money than bitcoin.

Bitcoin couldn't replace fiat money because the currency of every country is fundamental thing. as we know bitcoin juxtapose with fiat money as the exchange rate comparison, so it's support each other.

mrkevio

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I don't think so. Bitcoin wouldn't be able to replace currencies. It is anonymous and requires Internet to be used, so poor countries or families cannot really use Bitcoin unless we find a way to be able to send transactions offline too, or unless the Internet will be extremely cheap/free.

ipanks

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Quote from: blackmagician on October 15, 2016, 07:18:52 AM

Yes theres a possibility that bitcoin can replace money but dollar only.. it seems like usa is wickening and the only thing they can rely on is the usd. So bitcoin will replace dollar someday.

yes its possible but its not for short time, i think its really hard to replaces the money because people still have big trust to the fiat. i think if the world economic is really ruin in every where and people need currency that have stable to use in every place, then bitcoin can replaces the money.

Barbut

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Let's be realistic with our wishes. This is not possible to happen in next 10 years. After reading comments here on forum about next economic crises I was thinking that exactly that crises can help. They can speed up the process, cause after economy crash most currencies will go down, and there will be a chance for bitcoin to take higher position in worlds market's.
Predictions are saying that we can expect this crash very soon, economists are trying to warn the people, but nothing is happening really, richer are richer, this will explode one day, its just a question of time.

MingLee

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Quote from: milewilda on October 18, 2016, 12:31:23 AM

Quote from: Harlot on October 17, 2016, 11:02:21 PM

Quote from: goldcoinminer on October 17, 2016, 10:47:00 PM

Quote from: ?? on ??

Quote from: bitcoinhopper on October 17, 2016, 03:43:00 AM

Bitcoin is never going to replace money because it is going to be different from country because it would not be possible for Bitcoin to take over all currencies.
Maybe that it will take over a currency from a certain country but I think that it is not going to happen.

We don't know what is going to happen in the future but if we are going to base on our modern era. There are many billionaires that are preferring to use money which has been digitized and bitcoin is good to count and consider with it. So I think that is possible in the future but that is not possible to happen in this days.

Well, there is no impossible things that would happen as this world changes from time to time, we do not know the future so there is possibility but what we are talking here is the chances and I believe the chances to make that happen is very low.

How can a limited type of currency be circulated all around the world? 21000000 ain't enough for all of us. And the rich ones will take advantage of it and will hoard it for its price to increase. The government will take certain steps of precautions before that will ever happen. There are bad scenarios that will happen if you think that bitcoin will ever replace fiat money.

Rich people would really use its edge regarding on holding huge amounts of bitcoin. As you said government would really make steps to prevent this thing on happening. Bitcoin cant replace fiat anytime soon no matter how it would be succesful but still theres no chance that could replace fiat in any way.

Fiat is an essential part of a lot of states that exist in today's world, and likely a lot of the places and countries around the world would be unable to function without fiat money. A change to something that is *more* backed by something as opposed to just trust would be a huge change.

milewilda

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Quote from: Harlot on October 17, 2016, 11:02:21 PM

Quote from: goldcoinminer on October 17, 2016, 10:47:00 PM

Quote from: ?? on ??

Quote from: bitcoinhopper on October 17, 2016, 03:43:00 AM

Bitcoin is never going to replace money because it is going to be different from country because it would not be possible for Bitcoin to take over all currencies.
Maybe that it will take over a currency from a certain country but I think that it is not going to happen.

We don't know what is going to happen in the future but if we are going to base on our modern era. There are many billionaires that are preferring to use money which has been digitized and bitcoin is good to count and consider with it. So I think that is possible in the future but that is not possible to happen in this days.

Well, there is no impossible things that would happen as this world changes from time to time, we do not know the future so there is possibility but what we are talking here is the chances and I believe the chances to make that happen is very low.

How can a limited type of currency be circulated all around the world? 21000000 ain't enough for all of us. And the rich ones will take advantage of it and will hoard it for its price to increase. The government will take certain steps of precautions before that will ever happen. There are bad scenarios that will happen if you think that bitcoin will ever replace fiat money.

Rich people would really use its edge regarding on holding huge amounts of bitcoin. As you said government would really make steps to prevent this thing on happening. Bitcoin cant replace fiat anytime soon no matter how it would be succesful but still theres no chance that could replace fiat in any way.

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Quote from: goldcoinminer on October 17, 2016, 10:47:00 PM

Quote from: ?? on ??

Quote from: bitcoinhopper on October 17, 2016, 03:43:00 AM

Bitcoin is never going to replace money because it is going to be different from country because it would not be possible for Bitcoin to take over all currencies.
Maybe that it will take over a currency from a certain country but I think that it is not going to happen.

We don't know what is going to happen in the future but if we are going to base on our modern era. There are many billionaires that are preferring to use money which has been digitized and bitcoin is good to count and consider with it. So I think that is possible in the future but that is not possible to happen in this days.

Well, there is no impossible things that would happen as this world changes from time to time, we do not know the future so there is possibility but what we are talking here is the chances and I believe the chances to make that happen is very low.

How can a limited type of currency be circulated all around the world? 21000000 ain't enough for all of us. And the rich ones will take advantage of it and will hoard it for its price to increase. The government will take certain steps of precautions before that will ever happen. There are bad scenarios that will happen if you think that bitcoin will ever replace fiat money.

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Quote from: ?? on ??

Quote from: bitcoinhopper on October 17, 2016, 03:43:00 AM

Bitcoin is never going to replace money because it is going to be different from country because it would not be possible for Bitcoin to take over all currencies.
Maybe that it will take over a currency from a certain country but I think that it is not going to happen.

We don't know what is going to happen in the future but if we are going to base on our modern era. There are many billionaires that are preferring to use money which has been digitized and bitcoin is good to count and consider with it. So I think that is possible in the future but that is not possible to happen in this days.

Well, there is no impossible things that would happen as this world changes from time to time, we do not know the future so there is possibility but what we are talking here is the chances and I believe the chances to make that happen is very low.

bitcoinhopper

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Bravity is beautiful.

Bitcoin is never going to replace money because it is going to be different from country because it would not be possible for Bitcoin to take over all currencies.
Maybe that it will take over a currency from a certain country but I think that it is not going to happen.

milewilda

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Quote from: jossiel on October 16, 2016, 10:30:36 PM

Quote from: crockoo on October 16, 2016, 03:16:04 PM

Quote from: mastica on October 15, 2016, 08:31:27 PM

Bitcoin is a strong currencie and an amazing way to purchase anything online, but lets be realistic fiat does control the world, almost all transactions are made with fiat and bitcoin will never replace it, the worse cenario that might happen is fiat improve to digital and stop being printed money.

I like paper money will not give up because there is no opportunity to work with bitcoin. This is the same if there were no where and what to buy.

There is a lot of opportunity to work with bitcoin you just need to be a hard working person and you just manage to use your time properly.

But the fact that bitcoin is going to replace paper money then I don't think that is going to happen easily as that is going to need a lot of time to happen.

Maybe that is possible to happen for the next 10-20 years or else it won't happen.

In next 10-20 years as you expected wont really happen even in our lifetime hence bitcoin couldnt replace fiat anytime soon no matter how bitcoin would fly to its wings on the future. Fiat is commonly used by people and already well established and theres no thing that could replace it easily.

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Quote from: crockoo on October 16, 2016, 03:16:04 PM

Quote from: mastica on October 15, 2016, 08:31:27 PM

Bitcoin is a strong currencie and an amazing way to purchase anything online, but lets be realistic fiat does control the world, almost all transactions are made with fiat and bitcoin will never replace it, the worse cenario that might happen is fiat improve to digital and stop being printed money.

I like paper money will not give up because there is no opportunity to work with bitcoin. This is the same if there were no where and what to buy.

There is a lot of opportunity to work with bitcoin you just need to be a hard working person and you just manage to use your time properly.

But the fact that bitcoin is going to replace paper money then I don't think that is going to happen easily as that is going to need a lot of time to happen.

Maybe that is possible to happen for the next 10-20 years or else it won't happen.

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Quote from: mastica on October 15, 2016, 08:31:27 PM

Bitcoin is a strong currencie and an amazing way to purchase anything online, but lets be realistic fiat does control the world, almost all transactions are made with fiat and bitcoin will never replace it, the worse cenario that might happen is fiat improve to digital and stop being printed money.

Bitcoin to be honest is just a small currency that we are the only group who patronize the use of it, that can be proven with the total users of bitcoin and I believe we are not that big, so if we think of replacing fiat, that would be so unrealistic prediction.

crockoo

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Quote from: mastica on October 15, 2016, 08:31:27 PM

Bitcoin is a strong currencie and an amazing way to purchase anything online, but lets be realistic fiat does control the world, almost all transactions are made with fiat and bitcoin will never replace it, the worse cenario that might happen is fiat improve to digital and stop being printed money.

I like paper money will not give up because there is no opportunity to work with bitcoin. This is the same if there were no where and what to buy.

mastica

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Bitcoin is a strong currencie and an amazing way to purchase anything online, but lets be realistic fiat does control the world, almost all transactions are made with fiat and bitcoin will never replace it, the worse cenario that might happen is fiat improve to digital and stop being printed money.

dunfida

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Quote from: freedomgo on October 15, 2016, 08:46:27 AM

Quote from: gerXhonza on October 15, 2016, 07:30:30 AM

Quote from: zahra4577 on October 15, 2016, 07:21:35 AM

Quote from: Ryananda on December 25, 2015, 03:01:09 AM

Now in some places to buy goods directly can use bitcoin, how to conduct transactions directly using bitcoin? Because I place no purchases using bitcoin.

Nowadays has developed, which initially buy goods directly can only be used with the currency and credit cards, and can now use bitcoin although only in some places. Is it possible that the next few years means of exchange for transactions money initially turned into bitcoin?

What do you think about this?

Bitcoin is used by a very small number of people. I dont think it can completely send money out of use.Governments will never allow bitcoin to beat their national currencies

Yes that is impossible that bitcoin can ever replace paper money in future and even if bitcoin gets more popular in future it can never exceed the number of users of fiat.

It is possible of course but the chances of making it happen is very dim, bitcoin is not a big thing if you will compare with the paper money which is enforce and regulated by the government, you cannot deny the fact that we are all using paper money and we see it as money than bitcoin.

Paper currency is been used since the beggining of time where people are already educated and its already been established and developed for how many centuries> As you said its enforce by the government and if bitcoin would tend to challenge it then it would no have chance.

freedomgo

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Quote from: gerXhonza on October 15, 2016, 07:30:30 AM

Quote from: zahra4577 on October 15, 2016, 07:21:35 AM

Quote from: Ryananda on December 25, 2015, 03:01:09 AM

Now in some places to buy goods directly can use bitcoin, how to conduct transactions directly using bitcoin? Because I place no purchases using bitcoin.

Nowadays has developed, which initially buy goods directly can only be used with the currency and credit cards, and can now use bitcoin although only in some places. Is it possible that the next few years means of exchange for transactions money initially turned into bitcoin?

What do you think about this?

Bitcoin is used by a very small number of people. I dont think it can completely send money out of use.Governments will never allow bitcoin to beat their national currencies

Yes that is impossible that bitcoin can ever replace paper money in future and even if bitcoin gets more popular in future it can never exceed the number of users of fiat.

It is possible of course but the chances of making it happen is very dim, bitcoin is not a big thing if you will compare with the paper money which is enforce and regulated by the government, you cannot deny the fact that we are all using paper money and we see it as money than bitcoin.

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