Topic: Bitcoin replaces the money? Could happen? - page 56. (Read 86028 times)
My view is that bitcoin will never replace fiat money as a mainstream payment processor. The only thing that will happen is that it will gain global acceptance as a form of payment alongside fiat. The dollar is still very strong and government's will do everything possible to maintain it.
I don't think it would happen, simply because most countries just wouldn't allow it.
They would rather stick to there own currency and money. It would be to much work to handle if bitcoin would replace money.
They would rather stick to there own currency and money. It would be to much work to handle if bitcoin would replace money.
It wont happen, because many people need their normal money and that is very important. I hope there will be more people that use Bitcoin.
But you cant replace it, Everyone need it, maybe it is possible around 30 years or something, but that is really hard to let that happen.
But you cant replace it, Everyone need it, maybe it is possible around 30 years or something, but that is really hard to let that happen.
No even after generations bitcoin won't replace the money. Growth in bitcoin price won't make any difference in the growth of money. Replacement of money is not realistic.
It wont happen, because many people need their normal money and that is very important. I hope there will be more people that use Bitcoin.
But you cant replace it, Everyone need it, maybe it is possible around 30 years or something, but that is really hard to let that happen.
But you cant replace it, Everyone need it, maybe it is possible around 30 years or something, but that is really hard to let that happen.
Bitcoin at this stage can never replace the money, but maybe in the future when bitcoin will evaluate and some things are fixed and when few government implement bitcoin as their primary coin then this could be the start of replacing the money but not completely.
I dont think it will replace fiat.
Theres simply not enough BTC for every one.
It has a weak point wich is electricity. No power no BTC.
It will become (is)a form of electronic gold for investments etc...
Theres simply not enough BTC for every one.
It has a weak point wich is electricity. No power no BTC.
It will become (is)a form of electronic gold for investments etc...
Agreed. There isn't enough bitcoin for everyone, unless they make more, it can't support the whole world.
Electricity is also a disadvantage that won't make bitcoin the supreme currency.
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?
it won't happen soon, but it will happen for sure, it may take little bit of time, like 25 years but it should replace money, since less fees and lots of people use bitcoin more than normal money now, so i think there will be even more people like this in future
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?
it won't happen soon, but it will happen for sure, it may take little bit of time, like 25 years but it should replace money, since less fees and lots of people use bitcoin more than normal money now, so i think there will be even more people like this in future
Money or fiat cannot be replace any coin or bitcoin is just a digital currency forever and we are just using it as our money online..
I don't think bitcoin is able to completely replace fiat. I do believe however that bitcoin can be used as an alternative payment method.
bitcoin as it is right now is the perfect internet currency. when it comes to not-online transactions we can't ignore the supremacy of fiat currencies. that's where bitcoin still has a lot catching up to do in the coming years. it means that there is plenty of room for growth throughout the years. i really can't wait till the day that i can spend my coins in any stores here in my local place.
Bitcoin will never replace the money. This will not happen because there are entire business and transaction that still depends on money. They still want a money transaction and there are some things that you cannot pay without a money..
Totally agree with you. Also bitcoin depends on fiat. And one fun thing if bitcoin will replace money, bitcoin will become money? haha
Exactly said. Bitcoin too depends on fiat. At present the shops accepting bitcoin is very less. So now its not easy to buy daily needs with bitcoin. So in future bitcoin will be used as a real currency but will not replace local currencies in use.
Money or fiat cannot be replace any coin or bitcoin is just a digital currency forever and we are just using it as our money online..
I don't think bitcoin is able to completely replace fiat. I do believe however that bitcoin can be used as an alternative payment method.
I dont think it will replace fiat.
Theres simply not enough BTC for every one.
It has a weak point wich is electricity. No power no BTC.
It will become (is)a form of electronic gold for investments etc...
Theres simply not enough BTC for every one.
It has a weak point wich is electricity. No power no BTC.
It will become (is)a form of electronic gold for investments etc...
Agreed. There isn't enough bitcoin for everyone, unless they make more, it can't support the whole world.
Electricity is also a disadvantage that won't make bitcoin the supreme currency.
Money or fiat cannot be replace any coin or bitcoin is just a digital currency forever and we are just using it as our money online..
I don't think bitcoin is able to completely replace fiat. I do believe however that bitcoin can be used as an alternative payment method.
Money or fiat cannot be replace any coin or bitcoin is just a digital currency forever and we are just using it as our money online..
Bitcoin will never replace the money. This will not happen because there are entire business and transaction that still depends on money. They still want a money transaction and there are some things that you cannot pay without a money..
Totally agree with you. Also bitcoin depends on fiat. And one fun thing if bitcoin will replace money, bitcoin will become money? haha
Bitcoin will never replace the money. This will not happen because there are entire business and transaction that still depends on money. They still want a money transaction and there are some things that you cannot pay without a money..
If bitcoin will replaces our current money system, then no more converting to fiat will happen.
No profits, no earnings.
You will now just depend on altcoin trading to make money.
No profits, no earnings.
You will now just depend on altcoin trading to make money.
Bitcoin will used more in future but it cannot replace paper money, think of those people who are not aware about bitcoin and have used only fiat since their birth.
even the community are pushing crypto users away from crypto, and people think its going to go huge LMFAO grow brains and get real
Obviously bitcoin cant replace the current money are using right now as it will take a huge debate with the world leaders and they wont allow that to happen.
entire countries are disconnected mate, many many reasons crypto will never replace fiat, biggest 1 being reliance upon an internet connection and electricity supply, and the globes at war with talk of lobbing nukes around, if you ask me is a very dangerous time to have any amount of funds tied up in something which could be destroyed by EMP
even the community are pushing crypto users away from crypto, and people think its going to go huge LMFAO grow brains and get real
Obviously bitcoin cant replace the current money are using right now as it will take a huge debate with the world leaders and they wont allow that to happen.
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