Bitcoin replaces the money? Could happen? - page 28.

rio3233

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Quote from: dragunfly on August 26, 2016, 11:07:50 AM

Quote from: co5hike on August 12, 2016, 03:00:58 PM

I don't think that bitcoin can ever replace money as bitcoin is still very new to many people and people who are used to fiat currency will continue with it.

i think you are right about it, in my opinion bitcoin wil have a possibility to replace fiat only in a few decades when adoption will be way bigger than it is right now

Yeah, it will takes a long time for bitcoin to replaces the money. It might happen in the next 10-50 years, but for the next 1-10 years, i don't think bitcoin can replaces the money.

dragunfly

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Crypto is love, crypto is life

Quote from: co5hike on August 12, 2016, 03:00:58 PM

I don't think that bitcoin can ever replace money as bitcoin is still very new to many people and people who are used to fiat currency will continue with it.

i think you are right about it, in my opinion bitcoin wil have a possibility to replace fiat only in a few decades when adoption will be way bigger than it is right now

goinmerry

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Quote from: dihari on August 26, 2016, 05:59:19 AM

Bitcoin is a digital money. bitcoin price depend on dollar rate.
if dollar is doesn't exist anymore, how we can buy bitcoin bitcoin? think again

First of all it is not just dollar to where you could buy it. It just occur that it is the most used currency and better known also. The popularity of it gave the reason to rely in its price.

Ryananda

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Quote from: Sontoloyo on August 26, 2016, 05:44:45 AM

Bitcoin is the future of the money surely it will replace old fiat currency very soon as like it is growing very healthy that is good sign it will be next generation currency.

No I do not think money will not be replaced by bitcoin. Digital money can not be used in real life and online only, while the money is needed at all for the transaction directly. Although later bitcoin developed I'm sure the money will not be replaced.

dihari

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Bitcoin is a digital money. bitcoin price depend on dollar rate.
if dollar is doesn't exist anymore, how we can buy bitcoin bitcoin? think again

Sontoloyo

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Bitcoin is the future of the money surely it will replace old fiat currency very soon as like it is growing very healthy that is good sign it will be next generation currency.

Jasad

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= jasad =

Quote from: extrabyte on August 26, 2016, 01:05:25 AM

Quote from: dragunfly on August 25, 2016, 07:11:46 PM

Quote from: co5hike on August 12, 2016, 03:00:58 PM

I don't think that bitcoin can ever replace money as bitcoin is still very new to many people and people who are used to fiat currency will continue with it.

it is really possible to be honest, i think that bitcoin is going to become huge, paper money is going to disappear in a few decades

No it is not true. bitcoin can replace other online currencies and payment soruces. like paypal, payza, skrill pefectmoney etc. but bitcoin will never replace paper money. paper money will be exist.
every country have separate currency. how could bitcoin replace all currency?

nothing impossible , everything are possible recently ,
if you remember when you was young , an old people always say "one day you can talk to someone even far away" ,
and today that things happened ,
yepp something impossible in the past or now are very possible in the future , so do this , i believe it is possible for everyone in the world to use and treat bitcoin like dollar or euro as global currency.

croutonhexagon

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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?

It is Very Hard That People Will Use Bitcoin and Left The Paper Currency Because People Don't Trust a Digital Currency But In My Opinion If Its Happen I Will Be Very Happy....

extrabyte

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Quote from: dragunfly on August 25, 2016, 07:11:46 PM

Quote from: co5hike on August 12, 2016, 03:00:58 PM

I don't think that bitcoin can ever replace money as bitcoin is still very new to many people and people who are used to fiat currency will continue with it.

it is really possible to be honest, i think that bitcoin is going to become huge, paper money is going to disappear in a few decades

No it is not true. bitcoin can replace other online currencies and payment soruces. like paypal, payza, skrill pefectmoney etc. but bitcoin will never replace paper money. paper money will be exist.
every country have separate currency. how could bitcoin replace all currency?

carlfebz2

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Quote from: dragunfly on August 25, 2016, 07:11:46 PM

Quote from: co5hike on August 12, 2016, 03:00:58 PM

I don't think that bitcoin can ever replace money as bitcoin is still very new to many people and people who are used to fiat currency will continue with it.

it is really possible to be honest, i think that bitcoin is going to become huge, paper money is going to disappear in a few decades

You can't pinpoint on when paper money could disappear not even in a few decades because fiat is been used already for a long time and it's really hard to replace. By a newly existed crypto maybe it could be possible since things does not last forever and can be replaced but I think it would take time for Bitcoin to replace paper currency.

Mr. Big

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Quote from: adibe on August 25, 2016, 08:07:42 PM

I don't think it could happen, because many people around the world still don't know about bitcoin. If all people know about bitcoin, i think bitcoin can replaces the money someday.

How about the transaction fees? who will handle it if bitcoin will replace money? will the government do all that? My point is, even after many years, I think the popularity of paper money will still be there and bitcoin will still be bitcoin...

adibe

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I don't think it could happen, because many people around the world still don't know about bitcoin. If all people know about bitcoin, i think bitcoin can replaces the money someday.

Doamader

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Quote from: dragunfly on August 25, 2016, 07:11:46 PM

Quote from: co5hike on August 12, 2016, 03:00:58 PM

I don't think that bitcoin can ever replace money as bitcoin is still very new to many people and people who are used to fiat currency will continue with it.

it is really possible to be honest, i think that bitcoin is going to become huge, paper money is going to disappear in a few decades

Be realistic bitcoin has supply limited, the current paper money is how countries control and act supporting or against people. And countries doesnt wanna bitcoin to let people choose to run from their control. Bitcoin has no power to replace anything, even the western union service that several people said it would close doors.

dragunfly

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Crypto is love, crypto is life

Quote from: co5hike on August 12, 2016, 03:00:58 PM

I don't think that bitcoin can ever replace money as bitcoin is still very new to many people and people who are used to fiat currency will continue with it.

it is really possible to be honest, i think that bitcoin is going to become huge, paper money is going to disappear in a few decades

Matt Guy

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Anything is possible, I'm not saying that bitcoin will replace some old currency, but in ideal conditions, something like that can happen I suppose.

co5hike

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I don't think that bitcoin can ever replace money as bitcoin is still very new to many people and people who are used to fiat currency will continue with it.

lexuz

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Me, myself and I

Quote from: sirohige on August 08, 2016, 12:36:31 PM

This could happen, bitcoin can replace real money. because of technological advances is increasingly growing, many people take a short time to act. included in the payments and send money. first money for gold and other metals, there is now a form of paper money, there is also a form of debit card and credit card.

It's impossible even if the government recognizes bitcoin as a currency / legal payment but they will never erase fiat money if goverment do that is same like suicide.

Next BillG

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Quote from: JessicaSe on August 10, 2016, 03:20:00 AM

No, I don't think so, both are form of money, and money can never replace other money, in fact both will travel the journey together in future too.

The governments will like to use the fiat. They will want to borrow with the fiat, then inflate the debt away.

JessicaSe

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No, I don't think so, both are form of money, and money can never replace other money, in fact both will travel the journey together in future too.

croutonhexagon

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No Bro It Never Possible that Bitcoins Replaces Currencies Because Bitcoin is a Crypto currency And It Never Replaces Fiat Currency.......

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