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Topic: Bitcoin replaces the money? Could happen? - page 57. (Read 86028 times)

sr. member
Activity: 882
Merit: 251
even the community are pushing crypto users away from crypto, and people think its going to go huge LMFAO grow brains and get real
newbie
Activity: 2
Merit: 0
I don't think its going to happen since every government have a focus on their own currency and there is a huge difference between currency of all countries so it could not be happen however some online shopping sites can accept it as an alternative methods  for paying dues
sr. member
Activity: 350
Merit: 250
Its possible for sure but it will take a lot of years to succeed with this so we will see, I hope it will happen.
It could be happen for sure its also how the bitcoin is gonna do it on the global market if you ask me.
full member
Activity: 196
Merit: 100
I think it won't happen very quickly especially if the government won't like it. And not all people has a access to internet, some of those don't even have a phone or computer. I guess it will become as alternative money, maybe for gambling or buying online.
hero member
Activity: 532
Merit: 500
I think Bitcoin is already money and full used currency like fiat and other currencies used worldwide online and offline, we can use Bitcoin to sell and buy items or exchange it into fiat easily
yeah I agree why many people call bitcoin as real money because the evidence and proof is very clear. bitcoin accepted in many countries and currency online it is a proof right ? would be awesome if bticoin be adopted by a country. is it possible ?
global moderator
Activity: 2324
Merit: 1179
While my guitar gently weeps!!!
That will not happen. Because many people want to have some normal money and they dont even know what Bitcoin is and that is the problem.
Bitcoin will of course be more used in the future but that doesnt mean that it will replace money.

That is right, bitcoin will be useful in the future, along with fiat.. there is no need for bitcoin to replace money as they will be both useful..Besides, bitcoin can't really replace real money..
sr. member
Activity: 420
Merit: 250
That will not happen. Because many people want to have some normal money and they dont even know what Bitcoin is and that is the problem.
Bitcoin will of course be more used in the future but that doesnt mean that it will replace money.

Not many people know about bitcoin and how it works. In my country only few people know about bitcoin. So if bitcoin want replaces the money, bitcoin should make a big promotion and the target is make more people want use bitcoin.
hero member
Activity: 616
Merit: 500
That will not happen. Because many people want to have some normal money and they dont even know what Bitcoin is and that is the problem.
Bitcoin will of course be more used in the future but that doesnt mean that it will replace money.
newbie
Activity: 42
Merit: 0
Partialy it has already replaced the money, mostly in online transactions. But to completely replace it,  I don't think this is possible for any virtual currency
I agree with this. I remember a blogger who posted his travel adventure using ONLY Bitcoins so for that guy, Bitcoin already replaced fiat in his travel expenses.


In the future if bitcoin can be accepted when you buy a fruit or vegetables in the market then we wont need paper money,just like using credit card to buy something in the mall.
legendary
Activity: 1148
Merit: 1097
Bounty Mngr & Article Writer https://goo.gl/p4Agsh
Partialy it has already replaced the money, mostly in online transactions. But to completely replace it,  I don't think this is possible for any virtual currency
I agree with this. I remember a blogger who posted his travel adventure using ONLY Bitcoins so for that guy, Bitcoin already replaced fiat in his travel expenses.
legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
Partialy it has already replaced the money, mostly in online transactions. But to completely replace it,  I don't think this is possible for any virtual currency
hero member
Activity: 560
Merit: 500
Well bitcoins would be a good way to pay online,but when i go shop at some place here,i see the price and the discount gaved if i pay with fiat instead cards... and i may say its around 10% less or something like that,i believe bitcoin may slowly enter at this market but will it be able to offer better discounts and better price in the end?No,fiat has full power bitcoin may hit deeply some companies ,but take down fiat wont happen.
hero member
Activity: 966
Merit: 507
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?

Of course I have no doubt that there will be an increasing number of stores accepting bitcoin (and there will be many other options to exchange indirectly bitcoins for goods), but it does not mean that bitcoin will become the main currency of the world, because of the great volatility and uncertainty about its future development.
legendary
Activity: 1526
Merit: 1001
today bitcoin have replaced the function of money for me. now 50% of my financial transactions using bitcoin. ranging from paying electricity, water, phone vouchers, electronic items and daily needs. for me bitcoin has replaced real money. bitcoin is the future for me. and I am very happy to use bitcoin.
sr. member
Activity: 280
Merit: 250
Bitcoin replaces the money? dude, bitcoin is already money so your question didn't make a sense for me.
We can use Bitcoin as other currencies so it's money

Gotta agree with that. I'm more comfortable spending btc money. off course converting it to other currencies. Cause i have yet to spend btc on Dry goods. But i use btc on many online transactions.
legendary
Activity: 2170
Merit: 1427
I think Bitcoin is already money and full used currency like fiat and other currencies used worldwide online and offline, we can use Bitcoin to sell and buy items or exchange it into fiat easily

When it comes to online payments, Bitcoin is a much better payment tool than fiat currency. But offline, fiat has still a huge advantage over Bitcoin. Especially with large amounts. I think it will take a few years before we see this change significantly. Bitcoin must rule both online and offline. Then we can say Bitcoin is better than all fiat currencies in every aspect.
hero member
Activity: 672
Merit: 500
Bitcoin replaces the money? dude, bitcoin is already money so your question didn't make a sense for me.
We can use Bitcoin as other currencies so it's money
hero member
Activity: 742
Merit: 500
I think Bitcoin is already money and full used currency like fiat and other currencies used worldwide online and offline, we can use Bitcoin to sell and buy items or exchange it into fiat easily
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
I think Bitcoin is already money, but if you mean if Bitcoin will replace fiat that's not impossible but need timing and more support for this crypto currency

Yes i think he mean fiat , and i don't know if Bitcoin will be able to replace fiat in our nearest future, but i am sure Bitcoin is growing up daily and reaching a high level of success till now

please stop living in cloud cuckoo land, half the globe do not have internet connectivity....... crypto has been built to fail, a couple of nukes worth of EMP and ALL OUR cryptos are dead, make the most of our hobby while we still can, but please give up the dumb retarded pipe dreams!!!!
It is true that half of the world has no any internet connectivity but I think if they do not any internet connectivity then they are not in the position to take part in international business as they don’t have any money for living. While crypto currency is for digital international transactions.
hero member
Activity: 924
Merit: 1000
Lick me like a lolipop
I consider bitcoin as money as i am able to buy stuff with it,if you are talking about paper money the for sure it will replace paper money in the future.

Well yes it is money but it's only digital money. How would say it replaces fiat money. IF there is not internet available?
It don't/won't. So no this is impossible to happen.
How can those to be interchangable?
They both offer a different kind of audience a service. So they can't be exchanged nor replace each other. At best bitcoin would be able to grow it's marketcap.

Bitcoin will be used and accepted more in future but it cannot replace fiat for sure, as many countries are still not aware about bitcoins, they will continue using fiat.
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