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Topic: Bitcoin replaces the money? Could happen? - page 52. (Read 86047 times)

sr. member
Activity: 350
Merit: 250
I dont think that will happen, there are a lot of people that dont even know Bitcoin and that is the problem you see of course that Bitcoin is getting more used now.
But there are also a lot of people that doesnt know it and they have to know it if you want to talk about replacing.
hero member
Activity: 924
Merit: 1000
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Bitcoin will not replace money as you can see you know that the value is not even rising now so there are also not that many people that is now using Bitcoin.
There are also a lot of people that dont even know how Bitcoin works and that is bad so it will be not possible.
Well, I was right. but that for the moment, how in the future. bitcoin might be a solution for a country and can replace money, may even be better, but it was just a fantasy, and has not been proven

I don't think that is ever possible, as money is ruling the world since its existence but there is a possibility that it will loose its value in future due to inflation, but it will always exist.
legendary
Activity: 2758
Merit: 1004
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Bitcoin will not replace money as you can see you know that the value is not even rising now so there are also not that many people that is now using Bitcoin.
There are also a lot of people that dont even know how Bitcoin works and that is bad so it will be not possible.
Well, I was right. but that for the moment, how in the future. bitcoin might be a solution for a country and can replace money, may even be better, but it was just a fantasy, and has not been proven
sr. member
Activity: 350
Merit: 250
Bitcoin will not replace money as you can see you know that the value is not even rising now so there are also not that many people that is now using Bitcoin.
There are also a lot of people that dont even know how Bitcoin works and that is bad so it will be not possible.
member
Activity: 70
Merit: 10
Impossible for bitcoin cause if you will ask somebody about bitcoin, 50% wil answer no. Other 50% will answer yes, but not everybody want to change current money.

that's true there always will be people who will never change and never adopt bitcoin no matter how big it gets.
besides there is always banks and government that doesn't want to see the old ways change because it is beneficial for them.
many people are calling that bitcoin users continues to grow and continue to grow to adopt bitcoin. if it keeps going bitcoin could certainly become mainstream? is it could replace the dollar?


Even if bitcoin become mainstream it will still not replace dollar and bitcoin will its be dependent on dollar for its price because dollar is widely used in all country while bitcoin is not.
legendary
Activity: 2604
Merit: 1036
Bitcoin can't officially substitute fiat because we need paper money for our everyday life. For Bitcoin to completely replace fiat we need to become a cashless society and only pay for our goods with digital money both online and offline. I know there is an ongoing project in Scandinavia where Sweden Norway and Denmark are trying to achieve this by promoting cashless transactions but in the end we will still need banks to handle the transactions in the background.
sr. member
Activity: 420
Merit: 250
Impossible for bitcoin cause if you will ask somebody about bitcoin, 50% wil answer no. Other 50% will answer yes, but not everybody want to change current money.

that's true there always will be people who will never change and never adopt bitcoin no matter how big it gets.
besides there is always banks and government that doesn't want to see the old ways change because it is beneficial for them.
many people are calling that bitcoin users continues to grow and continue to grow to adopt bitcoin. if it keeps going bitcoin could certainly become mainstream? is it could replace the dollar?
full member
Activity: 168
Merit: 100
Impossible for bitcoin cause if you will ask somebody about bitcoin, 50% wil answer no. Other 50% will answer yes, but not everybody want to change current money.

that's true there always will be people who will never change and never adopt bitcoin no matter how big it gets.
besides there is always banks and government that doesn't want to see the old ways change because it is beneficial for them.

The number 1 enemy of bitcoin will be the government and the banks because they will lose profit if there is not enough people who will deposit money into banking and if there is not much tax the government gets.
hero member
Activity: 2310
Merit: 532
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It could happen but it will take some time.
Digital currency is the future, but I will take a bit of time till it can really happen.

Bitcoin itself is a money and if we talk about paper money then I don't think its going anywhere in future, as it is really difficult to imagine that everyone will start using bitcoin and will get rid to paper money.

I was watching a recent documentary on vice about the money forgery in certain countries.

maybe we can see it from a different angle, and bitcoin to be adopted to lessen that industry and removing paper money completely.

Mate, what about the poor people from poor countries? Will they quit use of paper money and start using bitcoin in future? I don't think so, paper money will always exist especially in poor countries.

Not only in poor countries, in every country paper money will used even if there is no poor people. Bitcoin will be used by certain percentage of people and the rest without doubt continue using paper money as it is accepted everywhere.
Yes that's right ..but i think it will not replace .just because not all people uses internet .and many peoples dont have time to do it like us who keep on posting on this forum.

It's might be happen someday, but it will takes a long time to make it happened. When the era of all about online, maybe bitcoin can be a choice about online money.

Yeah it has the possibility, every human needs to be educated with basic using of internet else the world needs to get ended and from the beginning online money needs to exist. If paper money exists still it won't allow users to follow digital money.
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
Impossible for bitcoin cause if you will ask somebody about bitcoin, 50% wil answer no. Other 50% will answer yes, but not everybody want to change current money.

that's true there always will be people who will never change and never adopt bitcoin no matter how big it gets.
besides there is always banks and government that doesn't want to see the old ways change because it is beneficial for them.
full member
Activity: 168
Merit: 100
Impossible for bitcoin cause if you will ask somebody about bitcoin, 50% wil answer no. Other 50% will answer yes, but not everybody want to change current money.


Yes it is really impossible for bitcoin to replace what we know as money now even in the years to come bitcoin will still not be that popular.
global moderator
Activity: 2324
Merit: 1179
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Impossible for bitcoin cause if you will ask somebody about bitcoin, 50% wil answer no. Other 50% will answer yes,

Not even 50% know bitcoin, maybe smaller than that IMO, but only a small percentage of those who know bitcoin really uses it..


but not everybody want to change current money.


At this time, money still play great part in the government, for government it is an extra power over its people...So definitely no, people who run the government won't benefit much from bitcoin...that is why they will still endorse money if given a chance to choose on those two currencies...
sr. member
Activity: 588
Merit: 250
Impossible for bitcoin cause if you will ask somebody about bitcoin, 50% wil answer no. Other 50% will answer yes, but not everybody want to change current money.
hero member
Activity: 770
Merit: 500
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i dont think it is possible to do right now when the price is so low and when there arent a lot of people interested in buying a lot of bitcoins, i think that we will have to wait for a really long time right now

it will take a bit more than a few decades because we need to attract a lot of people to bitcoin that would invest a big part of their funds in it in order for bitcoin to replace all the money we have
hero member
Activity: 575
Merit: 500
Maybe its possible, but I really doubt about this because its not nothing, the bitcoin can rise to a higher amount and because of the growing part it can become a very large currency.
But I still highly doubt if it can take over the world, too many people are depending on the normal currency's.

Not too many but people from all over the world for their local purpose are dependent on their local currency, they feel more convenient in paying to the shops in their local areas, while the bitcoin is used for their international and digital transactions and purchases etc.
hero member
Activity: 994
Merit: 500
Maybe its possible, but I really doubt about this because its not nothing, the bitcoin can rise to a higher amount and because of the growing part it can become a very large currency.
But I still highly doubt if it can take over the world, too many people are depending on the normal currency's.
sr. member
Activity: 476
Merit: 250
Bitcoin replace fiat no,if you talking about printed money sure it will happen as we in the future will be all digital,being with credit cards or scanners to make the payments like we do with the blockchain,getting the code to send the money to.
sr. member
Activity: 434
Merit: 250
It could happen but it will take some time.
Digital currency is the future, but I will take a bit of time till it can really happen.

Bitcoin itself is a money and if we talk about paper money then I don't think its going anywhere in future, as it is really difficult to imagine that everyone will start using bitcoin and will get rid to paper money.

I was watching a recent documentary on vice about the money forgery in certain countries.

maybe we can see it from a different angle, and bitcoin to be adopted to lessen that industry and removing paper money completely.

Mate, what about the poor people from poor countries? Will they quit use of paper money and start using bitcoin in future? I don't think so, paper money will always exist especially in poor countries.

Not only in poor countries, in every country paper money will used even if there is no poor people. Bitcoin will be used by certain percentage of people and the rest without doubt continue using paper money as it is accepted everywhere.
Yes that's right ..but i think it will not replace .just because not all people uses internet .and many peoples dont have time to do it like us who keep on posting on this forum.

It's might be happen someday, but it will takes a long time to make it happened. When the era of all about online, maybe bitcoin can be a choice about online money.
hero member
Activity: 658
Merit: 500
It could happen but it will take some time.
Digital currency is the future, but I will take a bit of time till it can really happen.

Bitcoin itself is a money and if we talk about paper money then I don't think its going anywhere in future, as it is really difficult to imagine that everyone will start using bitcoin and will get rid to paper money.

I was watching a recent documentary on vice about the money forgery in certain countries.

maybe we can see it from a different angle, and bitcoin to be adopted to lessen that industry and removing paper money completely.

Mate, what about the poor people from poor countries? Will they quit use of paper money and start using bitcoin in future? I don't think so, paper money will always exist especially in poor countries.

Not only in poor countries, in every country paper money will used even if there is no poor people. Bitcoin will be used by certain percentage of people and the rest without doubt continue using paper money as it is accepted everywhere.
Yes that's right ..but i think it will not replace .just because not all people uses internet .and many peoples dont have time to do it like us who keep on posting on this forum.
legendary
Activity: 3234
Merit: 1214
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It could happen but it will take some time.
Digital currency is the future, but I will take a bit of time till it can really happen.

Bitcoin itself is a money and if we talk about paper money then I don't think its going anywhere in future, as it is really difficult to imagine that everyone will start using bitcoin and will get rid to paper money.

I was watching a recent documentary on vice about the money forgery in certain countries.

maybe we can see it from a different angle, and bitcoin to be adopted to lessen that industry and removing paper money completely.

Mate, what about the poor people from poor countries? Will they quit use of paper money and start using bitcoin in future? I don't think so, paper money will always exist especially in poor countries.

Not only in poor countries, in every country paper money will used even if there is no poor people. Bitcoin will be used by certain percentage of people and the rest without doubt continue using paper money as it is accepted everywhere.
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