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Topic: Bitcoin replaces the money? Could happen? - page 17. (Read 86028 times)

hero member
Activity: 1806
Merit: 672
September 29, 2016, 10:17:15 AM
Bitcoin instead of money, as of now, it sounds ridiculous, but we can't predict the future, perhaps ten years after twenty years, more and more people know the use of bitcoin, bitcoins, then it will become a reality
Yes bitcoin might not be able to replace the money. Although bitcoin will develop it will not be able to replace the money because it is not as currency bitcoin, but digital currency that can only be used online.
It is not bad to be optimistic about the Bitcoin's future but we need to face the reality, in order for Bitcoin to support the entire world I think 21,000,000 is not enough for us 6 Billion and counting living in Earth, also many people will take advantage of hoarding Bitcoin for its price to get up and also Bitcoin's price has a fiat value equivalent what will happen if they demonetized fiat currency? My guess that it will create chaos not only in it's price but also everything that revolves around money.
sr. member
Activity: 812
Merit: 250
September 29, 2016, 09:03:25 AM
Bitcoin instead of money, as of now, it sounds ridiculous, but we can't predict the future, perhaps ten years after twenty years, more and more people know the use of bitcoin, bitcoins, then it will become a reality
Yes bitcoin might not be able to replace the money. Although bitcoin will develop it will not be able to replace the money because it is not as currency bitcoin, but digital currency that can only be used online.
full member
Activity: 140
Merit: 100
September 29, 2016, 07:33:23 AM
Bitcoin instead of money, as of now, it sounds ridiculous, but we can't predict the future, perhaps ten years after twenty years, more and more people know the use of bitcoin, bitcoins, then it will become a reality
hero member
Activity: 910
Merit: 501
September 29, 2016, 06:14:04 AM
Fiat exists for thousnads of years, bitcoin maybe for a decade.
It is way too early to award bitcoin to the same level as a fiat.
And one day all bitcoins will be mined, I do not think that something similar can happen to fiat.
So from how I see it bitcoin won't be able to replace money.
newbie
Activity: 38
Merit: 0
September 29, 2016, 05:39:19 AM
Fiat are, in various ways, the center of our nation's power.
Losing control on something for them is really bad because it lowers their power. Figures THIS kind of power.

And honestly, I don't even know if the future will be "bitcoin" or another cryptocurrency. I don't have any idea how it will be possible to solve the problem of the centralization and complexity of the blockchains...
sr. member
Activity: 672
Merit: 250
September 29, 2016, 04:48:28 AM
I don't think bitcoin will replace the fiat money but... in future will have more popularity and more people being attracted for cryptos because they give the oportunity to make some thing that fiat don't that why i guess bitcoin is very popular rigth now

The popularity of bitcoin is nothing compared to the popularity of fiat, and the popularity of bitcoin is because as you said it fluctuates and that can generate profits for someone who invests but if it moves in a positive way, if it moves negatively then it can be a disaster for the investors.
hero member
Activity: 2996
Merit: 524
Leading Crypto Sports Betting & Casino Platform
September 29, 2016, 04:42:40 AM
Off course that wont happejn do you really think that the bitcoin can replace the money how would you think that would happen if everybody has money instyead of bitcoins.
it can actually happen and it will most probably happen in the near future, we just need to wait for a while

Why we need to wait? Do you think all people like the idea?

And no it can't happen in the future. No way that bitcoin can support all people in the world.
Don't expect that all the people has the capacity to understand bitcoin and even if they understand but not on their interest to use it, you cannot force them to use, they are already satisfied with paper money so they will stick to it.
for now it's right, so many people just want to use what they're knowing and not going to move to another currency until government force them
and as human it's just an usual thing,although there's still bunch of people in this world that didn't even know about internet
hero member
Activity: 644
Merit: 500
September 29, 2016, 04:38:55 AM
Off course that wont happejn do you really think that the bitcoin can replace the money how would you think that would happen if everybody has money instyead of bitcoins.
it can actually happen and it will most probably happen in the near future, we just need to wait for a while

Why we need to wait? Do you think all people like the idea?

And no it can't happen in the future. No way that bitcoin can support all people in the world.
Don't expect that all the people has the capacity to understand bitcoin and even if they understand but not on their interest to use it, you cannot force them to use, they are already satisfied with paper money so they will stick to it.
thats right there are already established country that wont allowed this since they already satisfied by what they have using and we cant
convinced them even bitcoin will be more popular in the whole wide web adoption cant be done for those who dont want it.
legendary
Activity: 3150
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September 29, 2016, 04:34:05 AM
I don't think bitcoin will replace the fiat money but... in future will have more popularity and more people being attracted for cryptos because they give the oportunity to make some thing that fiat don't that why i guess bitcoin is very popular rigth now

Me either.  I do not think that it can and will replace fiat currency.  People are more familiar with fiat currency and there is no hard time to use it.  Also there is no electricity, computer, internet connection, and password needed to complete a transaction of buying things on the store or supermarket.  But like what you said it could be possible but not as of the moment and not so soon.  It will take time for it to happen.  But it could be possible.
Even how good bitcoin features is but with lack of support by the government it will only be limited to a certain number of people, when the government sees this is a threat to them which is really a big threat due to some tax issue, they can declare this as illegal and we know how government can make things possible.
hero member
Activity: 994
Merit: 544
September 29, 2016, 04:26:20 AM
I don't think bitcoin will replace the fiat money but... in future will have more popularity and more people being attracted for cryptos because they give the oportunity to make some thing that fiat don't that why i guess bitcoin is very popular rigth now

Me either.  I do not think that it can and will replace fiat currency.  People are more familiar with fiat currency and there is no hard time to use it.  Also there is no electricity, computer, internet connection, and password needed to complete a transaction of buying things on the store or supermarket.  But like what you said it could be possible but not as of the moment and not so soon.  It will take time for it to happen.  But it could be possible.
hero member
Activity: 959
Merit: 500
September 29, 2016, 04:10:30 AM
I don't think bitcoin will replace the fiat money but... in future will have more popularity and more people being attracted for cryptos because they give the oportunity to make some thing that fiat don't that why i guess bitcoin is very popular rigth now

I don't see that happening either.
People have to be persuaded to use bitcoin, but for most of them fiat money is sufficient enough for what they are doing.
They see no reason why to try something like bitcoin, when their old way of handling money just works fine.
Besides, using bitcoin needs some technical interest of the people, I think a lot of them do not have that.
hero member
Activity: 1232
Merit: 669
September 29, 2016, 03:46:51 AM
I don't think bitcoin will replace the fiat money but... in future will have more popularity and more people being attracted for cryptos because they give the oportunity to make some thing that fiat don't that why i guess bitcoin is very popular rigth now
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
September 29, 2016, 02:58:48 AM
Off course that wont happejn do you really think that the bitcoin can replace the money how would you think that would happen if everybody has money instyead of bitcoins.
it can actually happen and it will most probably happen in the near future, we just need to wait for a while

Why we need to wait? Do you think all people like the idea?

And no it can't happen in the future. No way that bitcoin can support all people in the world.
Don't expect that all the people has the capacity to understand bitcoin and even if they understand but not on their interest to use it, you cannot force them to use, they are already satisfied with paper money so they will stick to it.

people don't need to understand bitcoin to be able to use it. just the same way they don't even understand what money and other money related things they are using like paypal and credit cards work.
they only need to understand the benefits of using bitcoin.

for example if sites like Amazon start accepting bitcoin everybody will start using bitcoin right away because they will be saving up on a lot of fees and in smaller transactions it is a lot helpful.
legendary
Activity: 2688
Merit: 1065
Undeads.com - P2E Runner Game
September 29, 2016, 02:50:05 AM
Off course that wont happejn do you really think that the bitcoin can replace the money how would you think that would happen if everybody has money instyead of bitcoins.
it can actually happen and it will most probably happen in the near future, we just need to wait for a while

Why we need to wait? Do you think all people like the idea?

And no it can't happen in the future. No way that bitcoin can support all people in the world.
Don't expect that all the people has the capacity to understand bitcoin and even if they understand but not on their interest to use it, you cannot force them to use, they are already satisfied with paper money so they will stick to it.

Is this for me? Since mine is the quoted post. I don't say something like that.

Anyways, not with the satisfaction but fiat exist for many years now and it's hard for people to change their financial views. It's better to just enjoy the advantage of using bitcoin today rather to think of a replacement.
hero member
Activity: 952
Merit: 500
September 29, 2016, 02:45:12 AM
Off course that wont happejn do you really think that the bitcoin can replace the money how would you think that would happen if everybody has money instyead of bitcoins.
it can actually happen and it will most probably happen in the near future, we just need to wait for a while

Why we need to wait? Do you think all people like the idea?

And no it can't happen in the future. No way that bitcoin can support all people in the world.
Don't expect that all the people has the capacity to understand bitcoin and even if they understand but not on their interest to use it, you cannot force them to use, they are already satisfied with paper money so they will stick to it.
legendary
Activity: 2114
Merit: 1023
Oikos.cash | Decentralized Finance on Tron
September 29, 2016, 02:42:32 AM
I don't know if bitcoin will ever replace fiat currencies because central banks and governments like to keep a control over people but it may become more significant and important as people wake up to the reality that fiat currency is trash at the end of the day when it keeps devaluing.
legendary
Activity: 2688
Merit: 1065
Undeads.com - P2E Runner Game
September 29, 2016, 02:24:09 AM
Off course that wont happejn do you really think that the bitcoin can replace the money how would you think that would happen if everybody has money instyead of bitcoins.
it can actually happen and it will most probably happen in the near future, we just need to wait for a while

Why we need to wait? Do you think all people like the idea?

And no it can't happen in the future. No way that bitcoin can support all people in the world.
sr. member
Activity: 394
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
September 28, 2016, 07:41:14 PM
Off course that wont happejn do you really think that the bitcoin can replace the money how would you think that would happen if everybody has money instyead of bitcoins.
it can actually happen and it will most probably happen in the near future, we just need to wait for a while
hero member
Activity: 840
Merit: 501
Strength in Numbers
September 28, 2016, 07:33:36 PM
this topic is very much similar to some thers snyway it can happen that bitcoin can replace the money and become a single worldwife currency but we need banking system in our lifes too
For me its impossible to replace money because we already a tradition to use money instead of bitcoin.. bitcoin is just good for alternative in online.. they are expecting more about bitcoin but i am sure bitcoin will stay long..

I don't see such a thing happening. too. In a way it's what we want to see, but it makes no sense. that the whole world will pay with bitcoin. Just imagine your nana and his friend sending money by bitcoins. It's not impossible but they would not do that.

This is just possible to happen if the government of a country adopted bitcoin is going to allow this to happen. But if they are not going to allow it and sees it as a threat.

Then this adoption and replacement of fiat money is not going to happen anymore because they don't have control in bitcoin.

Because we all know that the government wants to have power and control in everything.
hero member
Activity: 714
Merit: 500
SkyFall
September 28, 2016, 05:40:03 PM
this topic is very much similar to some thers snyway it can happen that bitcoin can replace the money and become a single worldwife currency but we need banking system in our lifes too
For me its impossible to replace money because we already a tradition to use money instead of bitcoin.. bitcoin is just good for alternative in online.. they are expecting more about bitcoin but i am sure bitcoin will stay long..

I don't see such a thing happening. too. In a way it's what we want to see, but it makes no sense. that the whole world will pay with bitcoin. Just imagine your nana and his friend sending money by bitcoins. It's not impossible but they would not do that.
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