Bitcoin replaces the money? Could happen? - page 3.

usefrees

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Quote from: lixer on October 28, 2016, 02:35:36 PM

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Quote from: Ybalevia on October 25, 2016, 03:52:18 AM

I now what could happen and that is not that the bitcoin is going totrplaces the money becuase the bitcoin exist out of the money and without the money the
coin is worthless you know,.

It is hard to think or accept that bitcoin will replace the usage of fiat money. Because people used to it and many people still doesn't know about bitcoin so they must learn things about the bitcoin. So if bitcoin will replace the fiat money then how the government will stabilize and control the price and consumption of bitcoin by the people?

Of course there would not be a total replace, if there is total replacement then that meanms there is no existence of government. If the government see that coming to pass, for sure they will ban all the activities that are relating to cryptocurrencies. Hence,the coexistance of the two would be a better option.

Exactly, crypto will be a threat to their management because instead of getting some taxes from the people they will get nothing if most of the citizens of a country will shift into using bitcoin. And no one will ever get back into fiat when they are enjoying the usage of bitcoin and no taxes will be paid with bitcoin, so well that's possible.

It is good that there is such opportunity now. Bitcoin - the currency in the interest of the people, not the government. This is a phenomenon. The main thing that the government could not prohibit cryptocurrency

stepwilli

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Quote from: freedomgo on October 27, 2016, 04:14:36 AM

Quote from: BitcoinPC on October 27, 2016, 03:32:39 AM

Quote from: jerelimZ on October 25, 2016, 06:10:02 AM

Quote from: Fatamorgana on October 25, 2016, 06:07:29 AM

Bitcoin could replace the money but its from now real far a way if you ask me, due to the reason the bitcoin has to get a lot bigger if this would happen. I think with the future of the bitcoin is possible but it will take a couple of years maybe even more something near the 10 years.

Even if bitcoin gets more popular and bigger in future its unlike to see that it can ever replace a paper money which has support from the Government and the society and bitcoin will be always used as an secondary currency.

I also think about it, If in future, bitcoin would be popular more, than no chance to replace the bitcoin into money, because now bitcoin is already going well, So we can guess in the coming time, bitcoin might be achieve more popularity than the countries who made the bitcoin they never want to change the bitcoin into paper money.

I don't see any instance in the future that it will happen, paper money will remain popular than bitcoin because you cannot force all the people to use computer just to transact, we want instant and simple way to transact and only paper money can provide that on us.

The world would be better if we are using both.

I do not agree that paper money will be more popular than bitcoin as paper money is limited only to the borders of their nation while bitcoin is a worldwide currency and people from all over the world are using this one currency.

ausbit

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Quote from: Oralmat on October 27, 2016, 02:13:33 PM

Quote from: freedomgo on October 27, 2016, 04:14:36 AM

Quote from: BitcoinPC on October 27, 2016, 03:32:39 AM

Quote from: jerelimZ on October 25, 2016, 06:10:02 AM

Quote from: Fatamorgana on October 25, 2016, 06:07:29 AM

Bitcoin could replace the money but its from now real far a way if you ask me, due to the reason the bitcoin has to get a lot bigger if this would happen. I think with the future of the bitcoin is possible but it will take a couple of years maybe even more something near the 10 years.

Even if bitcoin gets more popular and bigger in future its unlike to see that it can ever replace a paper money which has support from the Government and the society and bitcoin will be always used as an secondary currency.

I also think about it, If in future, bitcoin would be popular more, than no chance to replace the bitcoin into money, because now bitcoin is already going well, So we can guess in the coming time, bitcoin might be achieve more popularity than the countries who made the bitcoin they never want to change the bitcoin into paper money.

I don't see any instance in the future that it will happen, paper money will remain popular than bitcoin because you cannot force all the people to use computer just to transact, we want instant and simple way to transact and only paper money can provide that on us.

The world would be better if we are using both.

Exactly, It is better for us that we use both currencies, Because fiat is fiat and crypto currency can't achieve the place of fiat currency. But crypto is crypto it is online currency, and fiat currency can't achieve the place of crypto. So it is better for us if we use both currencies and never think that fiat change into crypto and crypto change into fiat.

Fiat is omnipresent but it is not going to fit in the modern world.
People now are using their online payment processors with their credit cards and crypto-currencies which is the proof that people now want to use these digital systems not fiat.

lixer

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Quote from: Ybalevia on October 25, 2016, 03:52:18 AM

I now what could happen and that is not that the bitcoin is going totrplaces the money becuase the bitcoin exist out of the money and without the money the
coin is worthless you know,.

It is hard to think or accept that bitcoin will replace the usage of fiat money. Because people used to it and many people still doesn't know about bitcoin so they must learn things about the bitcoin. So if bitcoin will replace the fiat money then how the government will stabilize and control the price and consumption of bitcoin by the people?

Of course there would not be a total replace, if there is total replacement then that meanms there is no existence of government. If the government see that coming to pass, for sure they will ban all the activities that are relating to cryptocurrencies. Hence,the coexistance of the two would be a better option.

Babayega31

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Quote from: goldcoinminer on October 27, 2016, 11:26:28 PM

Quote from: ajun96 on October 27, 2016, 08:17:56 PM

Quote from: Drago2016 on October 19, 2016, 04:28:33 PM

Money will always be money. For the people is very important aspect of eye contact with your money. The fact that people keep their money in banks and are does not mean anything by using credit cards. But bitcoin will take its place in the financial sector but not replace real money.

I also agree with you that I believe bitcoin will have a great future as a currency later, but I do not think that bitcoin will dominate the currency itself and replace fiat, Its imposible thing you know ? it is highly improbable fiat will continue to dominate and will never be replaced, by any other currency

Bitcoin is just a small platform and only popular for us but for the people with the level of the poor or those who are in poverty will never mind learning about bitcoin as their main concern is to make money for their basis needs and basically all they need is money (paper money) to survive.

No, i think it wouldn't replace money because it does not have a form of cash denomination. Bitcoin will always be an internet protocol of cashless way of dealing with transactions online and everything through bitcoin transaction, money will always be money no other than any form.
This bitcoin will be an online value of coin which yiu saved and there comes a money if you process it for cash out.

goldcoinminer

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Quote from: ajun96 on October 27, 2016, 08:17:56 PM

Quote from: Drago2016 on October 19, 2016, 04:28:33 PM

Money will always be money. For the people is very important aspect of eye contact with your money. The fact that people keep their money in banks and are does not mean anything by using credit cards. But bitcoin will take its place in the financial sector but not replace real money.

I also agree with you that I believe bitcoin will have a great future as a currency later, but I do not think that bitcoin will dominate the currency itself and replace fiat, Its imposible thing you know ? it is highly improbable fiat will continue to dominate and will never be replaced, by any other currency

Bitcoin is just a small platform and only popular for us but for the people with the level of the poor or those who are in poverty will never mind learning about bitcoin as their main concern is to make money for their basis needs and basically all they need is money (paper money) to survive.

ajun96

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Quote from: Drago2016 on October 19, 2016, 04:28:33 PM

Money will always be money. For the people is very important aspect of eye contact with your money. The fact that people keep their money in banks and are does not mean anything by using credit cards. But bitcoin will take its place in the financial sector but not replace real money.

I also agree with you that I believe bitcoin will have a great future as a currency later, but I do not think that bitcoin will dominate the currency itself and replace fiat, Its imposible thing you know ? it is highly improbable fiat will continue to dominate and will never be replaced, by any other currency

Oralmat

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Quote from: freedomgo on October 27, 2016, 04:14:36 AM

Quote from: BitcoinPC on October 27, 2016, 03:32:39 AM

Quote from: jerelimZ on October 25, 2016, 06:10:02 AM

Quote from: Fatamorgana on October 25, 2016, 06:07:29 AM

Bitcoin could replace the money but its from now real far a way if you ask me, due to the reason the bitcoin has to get a lot bigger if this would happen. I think with the future of the bitcoin is possible but it will take a couple of years maybe even more something near the 10 years.

Even if bitcoin gets more popular and bigger in future its unlike to see that it can ever replace a paper money which has support from the Government and the society and bitcoin will be always used as an secondary currency.

I also think about it, If in future, bitcoin would be popular more, than no chance to replace the bitcoin into money, because now bitcoin is already going well, So we can guess in the coming time, bitcoin might be achieve more popularity than the countries who made the bitcoin they never want to change the bitcoin into paper money.

I don't see any instance in the future that it will happen, paper money will remain popular than bitcoin because you cannot force all the people to use computer just to transact, we want instant and simple way to transact and only paper money can provide that on us.

The world would be better if we are using both.

Exactly, It is better for us that we use both currencies, Because fiat is fiat and crypto currency can't achieve the place of fiat currency. But crypto is crypto it is online currency, and fiat currency can't achieve the place of crypto. So it is better for us if we use both currencies and never think that fiat change into crypto and crypto change into fiat.

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Quote from: BitcoinPC on October 27, 2016, 03:32:39 AM

Quote from: jerelimZ on October 25, 2016, 06:10:02 AM

Quote from: Fatamorgana on October 25, 2016, 06:07:29 AM

Bitcoin could replace the money but its from now real far a way if you ask me, due to the reason the bitcoin has to get a lot bigger if this would happen. I think with the future of the bitcoin is possible but it will take a couple of years maybe even more something near the 10 years.

Even if bitcoin gets more popular and bigger in future its unlike to see that it can ever replace a paper money which has support from the Government and the society and bitcoin will be always used as an secondary currency.

I also think about it, If in future, bitcoin would be popular more, than no chance to replace the bitcoin into money, because now bitcoin is already going well, So we can guess in the coming time, bitcoin might be achieve more popularity than the countries who made the bitcoin they never want to change the bitcoin into paper money.

I don't see any instance in the future that it will happen, paper money will remain popular than bitcoin because you cannot force all the people to use computer just to transact, we want instant and simple way to transact and only paper money can provide that on us.

The world would be better if we are using both.

BitcoinPC

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Quote from: jerelimZ on October 25, 2016, 06:10:02 AM

Quote from: Fatamorgana on October 25, 2016, 06:07:29 AM

Bitcoin could replace the money but its from now real far a way if you ask me, due to the reason the bitcoin has to get a lot bigger if this would happen. I think with the future of the bitcoin is possible but it will take a couple of years maybe even more something near the 10 years.

Even if bitcoin gets more popular and bigger in future its unlike to see that it can ever replace a paper money which has support from the Government and the society and bitcoin will be always used as an secondary currency.

I also think about it, If in future, bitcoin would be popular more, than no chance to replace the bitcoin into money, because now bitcoin is already going well, So we can guess in the coming time, bitcoin might be achieve more popularity than the countries who made the bitcoin they never want to change the bitcoin into paper money.

goldcoinminer

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Quote from: Mr. Big on October 27, 2016, 01:45:23 AM

Quote from: daniahya on October 26, 2016, 10:31:30 PM

Quote from: marcuslong on October 26, 2016, 08:49:47 AM

Quote from: Sandroxa on September 30, 2016, 08:44:40 AM

Maybe in the far future there is a possibility but right now it will still not happen because f the fact that its not possible right now.
If the bitcoin gets bigger there is maybe a possibility.

Is this a joke even in the future bitcoin can't really replace the real money in the world and it can really be happen anymore if you guy's are believing that bitcoin can really replace money then it always a rumble or rude to those country who are not using bitcoin.

I think the bitcoin is unlikely to replace the original currency, because of its nature as not real bitcoin, but we also do not know the future, we can only wait for the course

Not possible yet...Or,,, not really possible for bitcoin to replace money... How many bitcoins do we need to make all the transactions in real life work... Bitcoin won't be enough to cover it all...Besides, the price of bitcoin would increase a lot, and only few people are holding big amount of it... It's not equally distributed to the world...

Never possible, the world will be in bad situation if that happens, our transaction will not be govern and illegal trade will take place and maybe we are living in a world of lawlessness and we do not want to make that happen for our children and in the next generation to come.

That's the way I see when it happens.

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Quote from: daniahya on October 26, 2016, 10:31:30 PM

Quote from: marcuslong on October 26, 2016, 08:49:47 AM

Quote from: Sandroxa on September 30, 2016, 08:44:40 AM

Maybe in the far future there is a possibility but right now it will still not happen because f the fact that its not possible right now.
If the bitcoin gets bigger there is maybe a possibility.

Is this a joke even in the future bitcoin can't really replace the real money in the world and it can really be happen anymore if you guy's are believing that bitcoin can really replace money then it always a rumble or rude to those country who are not using bitcoin.

I think the bitcoin is unlikely to replace the original currency, because of its nature as not real bitcoin, but we also do not know the future, we can only wait for the course

Not possible yet...Or,,, not really possible for bitcoin to replace money... How many bitcoins do we need to make all the transactions in real life work... Bitcoin won't be enough to cover it all...Besides, the price of bitcoin would increase a lot, and only few people are holding big amount of it... It's not equally distributed to the world...

daniahya

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Quote from: marcuslong on October 26, 2016, 08:49:47 AM

Quote from: Sandroxa on September 30, 2016, 08:44:40 AM

Maybe in the far future there is a possibility but right now it will still not happen because f the fact that its not possible right now.
If the bitcoin gets bigger there is maybe a possibility.

Is this a joke even in the future bitcoin can't really replace the real money in the world and it can really be happen anymore if you guy's are believing that bitcoin can really replace money then it always a rumble or rude to those country who are not using bitcoin.

I think the bitcoin is unlikely to replace the original currency, because of its nature as not real bitcoin, but we also do not know the future, we can only wait for the course

Legendaris

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Bitcoin will only replace money/fiat if you are making it happen yourself. The governments will never do this because they have no control over bitcoin at all. Therefore they will never replace fiat with bitcoin. Only you can change what currency you prefer and what you're going to pay with.

bamboylee

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Quote from: marcuslong on October 26, 2016, 08:49:47 AM

Quote from: Sandroxa on September 30, 2016, 08:44:40 AM

Maybe in the far future there is a possibility but right now it will still not happen because f the fact that its not possible right now.
If the bitcoin gets bigger there is maybe a possibility.

Is this a joke even in the future bitcoin can't really replace the real money in the world and it can really be happen anymore if you guy's are believing that bitcoin can really replace money then it always a rumble or rude to those country who are not using bitcoin.

We never know that. Only time can tell. Oldest system are replaced by new ones. I think it can be the same with the current financial system. It can be bitcoin or another cryptocurrency that replaces fiat.

Doamader

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Bitcoin might turn into the best choise of investment against the current gold, but there is no way bitcoin to held any portion of the big interest at gold. Bitcoin wont replace any currencie, its an option against the countries currency, wich you can exchange almost anytime, instead you buy local currencie you buy bitcoin and exchange as your needs into the local currencie.

jonpande

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Bitcoin replaces money? Could occur? Bitcoin is not going to replace cash, people prefer cash to buy goods in real life.
I do not think bitcoin can replace the money cash, digital currency bitcoin , if anything happens to your wallet or internet all your money will be lost.

marcuslong

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Quote from: Sandroxa on September 30, 2016, 08:44:40 AM

Maybe in the far future there is a possibility but right now it will still not happen because f the fact that its not possible right now.
If the bitcoin gets bigger there is maybe a possibility.

Is this a joke even in the future bitcoin can't really replace the real money in the world and it can really be happen anymore if you guy's are believing that bitcoin can really replace money then it always a rumble or rude to those country who are not using bitcoin.

adi33

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I think the development of bitcoin as a pretty good deal at this time because the more people who know bitcoin bitcoin will not rule would be one means of transaction. although not a lot of places but it was very nice dilihit of movement bitcoin as a means of transaction Cheesy

CloudStrife

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I think so, but it is not something that will happen anytime soon. People still rely heavily on paper money for daily expenses. But certainly there is potential for bitcoin to be adopted by these people in the future.

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