Topic: Bitcoin replaces the money? Could happen? - page 23. (Read 86028 times)
Bitcoin is money. How money can replace the money? But if the talk is about replacement paper money - that really can happen one day. I believe that in future paper money go in history and we all will pay from plastc cards and aout wallets will be somewhere in the net. I think this future is not so far.
I believe that it's just a matter of time, to be honest. To understand it, you need to see that it can make things much better with regard to transcations, making it simple and cheap.
I actually do not think that bitcoin will replace the money. but, in my opinion, will run alongside bitcoin money. bitcoin means will be used as an alternative as a means of payment, but it is likely bitcoin can be used in all the places that provide special tools bitcoin transaction. I hope it happens soon
Bitcoin will not replace money, not because it could not be possible, that will not happen because is not on the interest of politicians and bankers, we are talking about very serious business here, what I think it will happen is that bitcoin is going to become a parallel system, that will be tolerated because governments and bankers will have no choice about it.
I believe that it's just a matter of time, to be honest. To understand it, you need to see that it can make things much better with regard to transcations, making it simple and cheap.
Money or fiat cannot be replace any coin or bitcoin is just a digital currency forever and we are just using it as our money online..
I don't think bitcoin is able to completely replace fiat. I do believe however that bitcoin can be used as an alternative payment method.
they only need to attract more people, that is enough for them to become big.
Exactly and both are the form of currency and both have their own advantages and disadvantages, people will prefer to use them according to their convenience and we don't want to see any replacement.
It can be used by everyone as long as it is recognized by the government and is accepted by local businesses, but it can't replace the local currency as it determines our country's wealth status also stopping the circulation of money could bring problems rather than solutions. What I see in the near future is that the government will allow bitcoin but they need to convert it to fiat money for their taxes and their official income.
Money or fiat cannot be replace any coin or bitcoin is just a digital currency forever and we are just using it as our money online..
I don't think bitcoin is able to completely replace fiat. I do believe however that bitcoin can be used as an alternative payment method.
they only need to attract more people, that is enough for them to become big.
This is so wrong!
Many people now know for bitcoin and more will come to it.
Try to search google for those "keywords" what will you get ?
Hundreds of pages and texts related to BTC.
And look how many searches are made every day !
Many people now know for bitcoin and more will come to it.
Try to search google for those "keywords" what will you get ?
Hundreds of pages and texts related to BTC.
And look how many searches are made every day !
Well,at least for now I think it won't happen entirely,like BTC won't replace the money-I think currencies will still exist for a while but BTC will be much more spread across the people and will be a preferrable way for payment.
All currencies regulated by the government will exist and bitcoin may be progressive in the future but it will just make the fiat more progressive too as people are buying bitcoins to spend in online transaction, as long as it is not regulated we will surely rely on fiat alone.
Regardless of the fact that no government would allow for fiat currency to be disbanded in favour of bitcoin, bitcoin also has a significant disadvantage in that it requires network infrastructure which physical cash does not. In the event of prolonged blackouts (such as those caused by cyclones or floods), there is already an issue with stores not being able to accept credit card payments - an issue that would also apply to bitcoins assuming that internet connections were down (or if your digital device with your wallet ran out of battery!). Because of this, I think Bitcoin will remain an alternative payment method as opposed to replacing fiat currency.
Well,at least for now I think it won't happen entirely,like BTC won't replace the money-I think currencies will still exist for a while but BTC will be much more spread across the people and will be a preferrable way for payment.
Yes bitcoin could potentially replace money because money can go down with a big crisis and when that happens people will resort to the next big currency.
If bitcoin manages to be the biggest currency next to USD thats already a big accomplishment and a good way there.
If bitcoin manages to be the biggest currency next to USD thats already a big accomplishment and a good way there.
What i think is Bitcoin will not be able to replace the money ever. To use Bitcoin you need to have internet access and a gadget. Government will not let it happen because not all citizen can have a gadget and internet access. It is not mandatory for everyone to get a hold of the said gadget and the internet connection.
No internet alone is not important to use bitcoin as from some wallets you are able to use your bitcoins through your debit cards, and with the more advancement of te technology of bitcoin it is sure bitcoin will be available in its own technology without the dependence of on any other technology.
What i think is Bitcoin will not be able to replace the money ever. To use Bitcoin you need to have internet access and a gadget. Government will not let it happen because not all citizen can have a gadget and internet access. It is not mandatory for everyone to get a hold of the said gadget and the internet connection.
It can maybe happen but right now we are still very far from it to be honest because the bitcoin has a good future but not such a good future to be honest, maybe in about 10 years it will happen from now.
There are chances but the future of the bitcoin cannot be predicted so who knows what is gonna happen..
There are chances but the future of the bitcoin cannot be predicted so who knows what is gonna happen..
Yes I very much think bitcoin could be replacing the current money. Bitcoin is very big and with alot of people using it already. When we get more new generations and technology gets even more advanced then is when cryptocurrency will shine most. Also it costs money to make money but with bitcoin it's different and cheaper.
No mate, bitcoin is still very small in compare to paper money, just look at the market cap and user base of paper money and compare it to bitcoins, you will get your answer.
Yes I very much think bitcoin could be replacing the current money. Bitcoin is very big and with alot of people using it already. When we get more new generations and technology gets even more advanced then is when cryptocurrency will shine most. Also it costs money to make money but with bitcoin it's different and cheaper.
If you are so despered to believe this you wont know anyuthing about the bitcoin sbecause you are to stupid for the bitcoin only smart people aloud to use the bitcoin sorry.
Off course cant biotcoin replace money and that is only because if they need to choose beyween bitcoin or money everyone as a normal person would pick money instead of the bitcoin.
Bitcoin could replace money but it will not happen cause it's look unlikely and fiat is too big right now to go down under.
Maybe it will be the next biggest thing to invest in though cause that is more realistic, it could be the next gold.
Maybe it will be the next biggest thing to invest in though cause that is more realistic, it could be the next gold.
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