Bitcoin replaces the money? Could happen? - page 40.

PacePay

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Quote from: harizen on June 04, 2016, 12:38:25 PM

Quote from: hawkins on June 04, 2016, 10:53:44 AM

nothing is impossible, but if bitcoin really replace money, maybe all transactions will be completely practical, maybe you're just carrying a card bitcoin in your bag to make transactions

Even you are engage in bitcoin world everyday, learn also to look outside the box.

How come bitcoin can touch those people that lives in really poor country or a place where internet can't touch.

I can't applied here the "nothing is impossible" term.

yes in those places where people cannot adopt internet, bitcoin cannot reach, and even in developed countries people will like to use their country's currency to pay at local stores.

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Quote from: Akupuniard on May 31, 2016, 01:11:25 PM

Impossible to replace money by money Grin

Bitcoin is so young and people don't really trust on it, so they will use fiat currencies till bitcoin become more popular.

It is not true that people do not trust on bitcoin, every person who come to know about bitcoin start to adopt and use it for his/her purchases or any transactions etc, and I think on internet it will replace fiat.

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Quote from: hawkins on June 04, 2016, 10:53:44 AM

nothing is impossible, but if bitcoin really replace money, maybe all transactions will be completely practical, maybe you're just carrying a card bitcoin in your bag to make transactions

Even you are engage in bitcoin world everyday, learn also to look outside the box.

How come bitcoin can touch those people that lives in really poor country or a place where internet can't touch.

I can't applied here the "nothing is impossible" term.

shane

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Quote from: hawkins on June 04, 2016, 10:53:44 AM

Quote from: Marbit on June 04, 2016, 10:06:36 AM

BTCitcoin is real digital currency and as a currency it should have exchange with other currency, on that cause I am not sure how ex changer company will get those Bitcoin for exchange.but it should happen

nothing is impossible, but if bitcoin really replace money, maybe all transactions will be completely practical, maybe you're just carrying a card bitcoin in your bag to make transactions

it will not happen to replace the money, but if it is used as an alternative it is possible, because bitcoin is not in physical form. and also not everyone can do. surely ordinary people or the modern market is difficult to use bitcoin as a transaction

hawkins

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Quote from: Marbit on June 04, 2016, 10:06:36 AM

BTCitcoin is real digital currency and as a currency it should have exchange with other currency, on that cause I am not sure how ex changer company will get those Bitcoin for exchange.but it should happen

nothing is impossible, but if bitcoin really replace money, maybe all transactions will be completely practical, maybe you're just carrying a card bitcoin in your bag to make transactions

Marbit

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BTCitcoin is real digital currency and as a currency it should have exchange with other currency, on that cause I am not sure how ex changer company will get those Bitcoin for exchange.but it should happen

Cybertron00

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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?

I think thatwould be possible on 10-20 years from now cause based on the documentary i watch about bitcoin it will continue getting up until the time that your 20000$ is good for loaf bread only and that time the bitcoin will replace the money and have the biggest value but we didn't know if that's true but for me it possible

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Quote from: senyorito123 on June 02, 2016, 01:05:55 AM

Quote from: wintermeasures on June 02, 2016, 12:45:18 AM

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?

I think bitcoin will not replace the money, it's just become the second option after the money because of its simplicity. Just imagine if bitcoin will replace the country's currency, the currency of the country can be worthless and making the country lose its currency. thank you

I agree because bitcoin is just a e currency and only be second option payment processor for users, bitcoin cannot really surpass physical money because it is strong currency that bitcoin cannot take it down bitcoin is no place iriginated and its anonymous and by that it maybe the reason why it is not accepted in online stores.

If bitcoin ever competes with it, then it needs to match in inflation as well which would struggle.

Its more of a secondary option to move money rather then compete with the dollar directly.

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Quote from: wintermeasures on June 02, 2016, 12:45:18 AM

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?

I think bitcoin will not replace the money, it's just become the second option after the money because of its simplicity. Just imagine if bitcoin will replace the country's currency, the currency of the country can be worthless and making the country lose its currency. thank you

I agree because bitcoin is just a e currency and only be second option payment processor for users, bitcoin cannot really surpass physical money because it is strong currency that bitcoin cannot take it down bitcoin is no place iriginated and its anonymous and by that it maybe the reason why it is not accepted in online stores.

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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?

I think bitcoin will not replace the money, it's just become the second option after the money because of its simplicity. Just imagine if bitcoin will replace the country's currency, the currency of the country can be worthless and making the country lose its currency. thank you

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Yes i think it can happen.Bacuse of popularity of bitcoin now a days.Many people is adopting bitcoins now and then.Bitcoin has it's potential to change the worlds currency if all shops around the world that will accept the fact that there are many bitcoin users online and they adopt bitcoin on their mode of purchases.

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Quote from: Galiatram on June 01, 2016, 04:56:11 AM

That will not happen of course and that is because there are still a lot of people that is using their own payment method and Bitcoin is not known by everyone so that have to change.
You can of course see now that it is becoming more popular and used but it is not that much.

perhaps it will happen in the next century, one never know, evolution will force adoption at some point, it's always like that with new technology, just a matter of time

Galiatram

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That will not happen of course and that is because there are still a lot of people that is using their own payment method and Bitcoin is not known by everyone so that have to change.
You can of course see now that it is becoming more popular and used but it is not that much.

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Quote from: Whosdaddy on December 25, 2015, 05:14:58 AM

Quote from: lixer on December 25, 2015, 05:08:46 AM

Quote from: voztata on December 25, 2015, 05:05:17 AM

Quote from: Amph on December 25, 2015, 04:43:58 AM

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

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.

I dont think that could ever happen and i think that you all can now that it does not happen. Bitcoin replace gold how bitcoin is worth gold. So what if he replaced it you only got a coin without a worth

hermanhs09

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As soon as bitcoins are used to price goods directly, bitcoin will be money and this will happen very soon.

Right now you can buy goods for bitcoins directly, but you have to deal with the always fluctuating exchange rates, and the prices are based on USD or equivalents. That will be replaced by a price constant in BTC soon.

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Quote from: coinplus on December 25, 2015, 05:19:59 AM

Quote from: lixer on December 25, 2015, 05:08:46 AM

Quote from: voztata on December 25, 2015, 05:05:17 AM

Quote from: Amph on December 25, 2015, 04:43:58 AM

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

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.

You got the point. To replace dollars, bitcoin needs to come in physical form. Otherwise all the people in this world need to have internet and knowledge on cryptocurrencies. Without knowledge on internet and online transaction, it would be hard for bitcoin to replace fiats

could happen pfff are you stupid or something it would never happen what will bitcoin be worth without real money. You did not think about that at all dont ya. I dont think you all thinking clear he will never replaces the money because he is worth money

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Quote from: Akupuniard on May 31, 2016, 01:11:25 PM

Impossible to replace money by money Grin

Bitcoin is so young and people don't really trust on it, so they will use fiat currencies till bitcoin become more popular.

The Chinese government is considering issuing digital currency. That will replace most functions of the paper money.

Akupuniard

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Impossible to replace money by money Grin

Bitcoin is so young and people don't really trust on it, so they will use fiat currencies till bitcoin become more popular.

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Quote from: panju1 on May 31, 2016, 12:04:56 PM

Quote from: InsideBjorn on May 31, 2016, 04:12:27 AM

Bitcoin is not going to replace any money at the moment they have to be able to manage allot of people if they want to do that. They also have to make some real banks and hire more people to come work for them.

Nope, not necessarily. Existing people and banks can just shift to bitcoins.
Bitcoin adoption would of course result in more global trade and higher employment, but there is no 'need' to hire more people.

after I think about the world in need of money as a means of transaction, and it is impossible if bitcoin could replace it. people would have been difficult for using bitcoin in the real world. so, I think bitcoin will only shine in Internet transactions

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Quote from: blackmachinegun on May 31, 2016, 04:47:53 AM

Quote from: Bitcoinbro on May 27, 2016, 05:00:50 PM

No I do not think this is gonna happen, other currency's are just way to big compared with other currency's in my eyes.
This is just not possible and unrealistic.

agree with you dude bitcoin will not replace any currency countries will always defend their currencies. the government only took proscribing bitcoin in the country and all already ends ?
maybe I would think as a payment option

We cannot expect that each and every individual will be earning or using bitcoin in future, and you cannot expect that every company will start paying their employees in bitcoin, that is impossible.

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