Topic: Bitcoin replaces the money? Could happen? - page 29. (Read 86028 times)
Bitcoin will be a strong currency in future for sure but I don't see it replacing fiat currency in future, almost majority of the population is dependent on fiat and they use it for their normal stuffs and those getting into crypto is something unbelievable.
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?
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?
i think bitcoin will replace old money system, because the bitcoin rate growing each year, and more newbie join everyday to know about bitcoin.
in fact bitcoin have value, and im sure in future bitcoin can be 1st international currency
I do not think that it would be possible for Bitcoin to be able to replace money because Bitcoin is pretty new and they could not handle that many people.
Replacing money is on a other level and Bitcoin needs to stay in its own lane.
Replacing money is on a other level and Bitcoin needs to stay in its own lane.
Bitcoin is already a money, so it no need to replace it but I think bitcoin will not replace Dollar soon because there are a lot of people that is still using Dollar so you can replace it now around this time but of course there will be a time that it will replace Dollar but you dont know what kind of money because you are not sure if Bitcoin is doing well in the future.
Yeah bitcoin is money but bitcoin is not accepted as dollar and other currencies are accepted in store, And op want to know about that bitcoin will replace other currencies or not ? Dollar is the currency that is accepted worldwide so if bitcoin will replace dollar then it takes very long time and bitcoin should be accepted anywhere in the world like dollar.
It's can happen for sure, goverments of many countries will not allow to bitcoin to become better, it's not profitable for them, but bitcoin can become legal currency somewhere and it's gonna be a big bang.
I think it's actually possible when everything's done digitally. When every transaction of every penny is done through bitcoin and nothing else. Every fiat has to be converted into bitcoin and bitcoin will surely have a stable value. It's too far fetched as of today though to confirm that this will happen in the future. If we try to convert all fiat money into bitcoin today, people will just do a protest as the majority of people don't even know what bitcoin is.
Yes I agree with you. Bitcoin is not yet popular to other people as a money. Even our father or mother and grandparents would have never heard of about the bitcoin. In the future maybe as everything now is possible through technology. It would be more safe and comfortable having bitcoin as our money.
Indeed bitcoin is still new and still need a good development in order to have a stable price. But it will not make bitcoin replace the money. Money will continue to get the heart in the community and money is legal tender and can be done directly. While bitcoin is growing bitcoin crypto although later it is only crypto.
We will see many users getting into bitcoins in future but that doesn't mean they will stop using fiat currency as its a basic necessity of everyone and people will prefer to use both.
I think it's actually possible when everything's done digitally. When every transaction of every penny is done through bitcoin and nothing else. Every fiat has to be converted into bitcoin and bitcoin will surely have a stable value. It's too far fetched as of today though to confirm that this will happen in the future. If we try to convert all fiat money into bitcoin today, people will just do a protest as the majority of people don't even know what bitcoin is.
Yes I agree with you. Bitcoin is not yet popular to other people as a money. Even our father or mother and grandparents would have never heard of about the bitcoin. In the future maybe as everything now is possible through technology. It would be more safe and comfortable having bitcoin as our money.
Indeed bitcoin is still new and still need a good development in order to have a stable price. But it will not make bitcoin replace the money. Money will continue to get the heart in the community and money is legal tender and can be done directly. While bitcoin is growing bitcoin crypto although later it is only crypto.
We will see many users getting into bitcoins in future but that doesn't mean they will stop using fiat currency as its a basic necessity of everyone and people will prefer to use both.
It could happen but not sooner. It would take years should bitcoin will replace money, but many research and studies would be needed. Besides not all people know about the existence of bitcoin. It would be hard for people who were not exposed in using computers or not aware of what technology can do to us for now. Besides it is still more easier to use money on buying goods.
I do not think that it would be possible for Bitcoin to be able to replace money because Bitcoin is pretty new and they could not handle that many people.
Replacing money is on a other level and Bitcoin needs to stay in its own lane.
Replacing money is on a other level and Bitcoin needs to stay in its own lane.
Bitcoin is already a money, so it no need to replace it but I think bitcoin will not replace Dollar soon because there are a lot of people that is still using Dollar so you can replace it now around this time but of course there will be a time that it will replace Dollar but you dont know what kind of money because you are not sure if Bitcoin is doing well in the future.
I do not think that it would be possible for Bitcoin to be able to replace money because Bitcoin is pretty new and they could not handle that many people.
Replacing money is on a other level and Bitcoin needs to stay in its own lane.
Replacing money is on a other level and Bitcoin needs to stay in its own lane.
I don't think bitcoin will ever replace fiat money. Yes it will never happen. There are several ground that needs to be considered before bitcoin can replace money. First it should be acknoledged by the government as currency. Second the environment should comply with the technical needs of Bitcoin to be implmented.
again, it does not need tor eplace fiat money to be successful, why people always see all black or white
it can perfectly work in conjuction with it and be vastly adopted
it can perfectly work in conjuction with it and be vastly adopted
Yes bitcoin does not need to replace fiats to get it's own future. Along with fiats there are big possibilities to become more successful in terms of value and user base, like people use fiats for some purpose and bitcoin for some other purpose like online transactions or as investments.
Yes both dollars and bitcoin will exist and will serve the human beings with their own features.
People may argue that bitcoin has all the features of fiat currencies. Then what is the need for fiats. But all the people in this world does not have knowledge on Internet and crypto-currencies.
Yes, as long as all the people have knowledge on Internet and using of online currencies, there would be room for bitcoin and dollars to exist and to serve.
Because unlike dollars, all the common people cannot use bitcoin suddenly. It requires at least one day of studying or guidelines about bitcoin system.
again, it does not need tor eplace fiat money to be successful, why people always see all black or white
it can perfectly work in conjuction with it and be vastly adopted
it can perfectly work in conjuction with it and be vastly adopted
Yes bitcoin does not need to replace fiats to get it's own future. Along with fiats there are big possibilities to become more successful in terms of value and user base, like people use fiats for some purpose and bitcoin for some other purpose like online transactions or as investments.
Yes both dollars and bitcoin will exist and will serve the human beings with their own features.
People may argue that bitcoin has all the features of fiat currencies. Then what is the need for fiats. But all the people in this world does not have knowledge on Internet and crypto-currencies.
Yes, as long as all the people have knowledge on Internet and using of online currencies, there would be room for bitcoin and dollars to exist and to serve.
Because unlike dollars, all the common people cannot use bitcoin suddenly. It requires at least one day of studying or guidelines about bitcoin system.
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.
Even in the advancement of technology today, money will still be money, even after years, it will still be there, it is the legal tender that the government issued and accepted, so they will still exist, except if governments would to think to switch to bitcoin instead of their fiat, which is very unlikely to happen and if it happen, for sure it will not be in totality, there will always be a place on earth that money will still exist.
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.
I think it's actually possible when everything's done digitally. When every transaction of every penny is done through bitcoin and nothing else. Every fiat has to be converted into bitcoin and bitcoin will surely have a stable value. It's too far fetched as of today though to confirm that this will happen in the future. If we try to convert all fiat money into bitcoin today, people will just do a protest as the majority of people don't even know what bitcoin is.
Yes I agree with you. Bitcoin is not yet popular to other people as a money. Even our father or mother and grandparents would have never heard of about the bitcoin. In the future maybe as everything now is possible through technology. It would be more safe and comfortable having bitcoin as our money.
Indeed bitcoin is still new and still need a good development in order to have a stable price. But it will not make bitcoin replace the money. Money will continue to get the heart in the community and money is legal tender and can be done directly. While bitcoin is growing bitcoin crypto although later it is only crypto.
Yes and it is only good to places where there an easy access of computers. Besides it is still not popular to everyone. People who are older than us or people who live in secluded areas would have a hard time to use this bitcoin as money. And like what you have said, it is only a crypto.
I think it's actually possible when everything's done digitally. When every transaction of every penny is done through bitcoin and nothing else. Every fiat has to be converted into bitcoin and bitcoin will surely have a stable value. It's too far fetched as of today though to confirm that this will happen in the future. If we try to convert all fiat money into bitcoin today, people will just do a protest as the majority of people don't even know what bitcoin is.
Yes I agree with you. Bitcoin is not yet popular to other people as a money. Even our father or mother and grandparents would have never heard of about the bitcoin. In the future maybe as everything now is possible through technology. It would be more safe and comfortable having bitcoin as our money.
Indeed bitcoin is still new and still need a good development in order to have a stable price. But it will not make bitcoin replace the money. Money will continue to get the heart in the community and money is legal tender and can be done directly. While bitcoin is growing bitcoin crypto although later it is only crypto.
We will see many users getting into bitcoins in future but that doesn't mean they will stop using fiat currency as its a basic necessity of everyone and people will prefer to use both.
I think it's actually possible when everything's done digitally. When every transaction of every penny is done through bitcoin and nothing else. Every fiat has to be converted into bitcoin and bitcoin will surely have a stable value. It's too far fetched as of today though to confirm that this will happen in the future. If we try to convert all fiat money into bitcoin today, people will just do a protest as the majority of people don't even know what bitcoin is.
Yes I agree with you. Bitcoin is not yet popular to other people as a money. Even our father or mother and grandparents would have never heard of about the bitcoin. In the future maybe as everything now is possible through technology. It would be more safe and comfortable having bitcoin as our money.
Indeed bitcoin is still new and still need a good development in order to have a stable price. But it will not make bitcoin replace the money. Money will continue to get the heart in the community and money is legal tender and can be done directly. While bitcoin is growing bitcoin crypto although later it is only crypto.
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?
I doubt the possiblity of that in the nearest future because of the issue surrounding it one of which include the factor of government law backing it as a legal tender another is the issue of stability and regulation, another major one is the population of acceptance currently compared to the rest of the world who are yet to exposed to Bitcoin... My opinion though... 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?
Maybe someday bitcoin could happen replaces the money, but for the next 5-10 years, i don't think bitcoin replaces the money. Maybe 20-50 years later.
Money will always exist, it won't just vanish just because bitcoin exist... There should be a big reason behind if government would scrap its money and go on with this digital money... I think it would take many years, more than 50 or even 100 years.. We should consider that the world is not uniform, some part of it are late in technology and some are advance. Some wants to go digital and some wants to stick to their traditional money...
I think it's actually possible when everything's done digitally. When every transaction of every penny is done through bitcoin and nothing else. Every fiat has to be converted into bitcoin and bitcoin will surely have a stable value. It's too far fetched as of today though to confirm that this will happen in the future. If we try to convert all fiat money into bitcoin today, people will just do a protest as the majority of people don't even know what bitcoin is.
Yes I agree with you. Bitcoin is not yet popular to other people as a money. Even our father or mother and grandparents would have never heard of about the bitcoin. In the future maybe as everything now is possible through technology. It would be more safe and comfortable having bitcoin as our money.
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