Bitcoin replaces the money? Could happen? - page 58.

LarryHocks

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Quote from: Altcoinsupporter on March 20, 2016, 07:16:27 AM

Quote from: alisafidel58 on March 20, 2016, 06:35:46 AM

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.

Altcoinsupporter

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Quote from: alisafidel58 on March 20, 2016, 06:35:46 AM

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.

alisafidel58

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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.

Farma

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Quote from: bestluck on March 20, 2016, 02:13:32 AM

No, it cannot happen as all the curency has its own country which support it and bitcoin is also a money , and bitcoin is still too young for to compete these currencies which have super owners.

you're right, bitcoin is still too young to replace the currency, but it also does not everyone know using bitcoin. even the money has also been used for a long time and the longer use bitcoin, the longer also with the use of money

n0ne

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Quote from: trenchflaint on March 20, 2016, 02:15:17 AM

Quote from: n0ne on March 20, 2016, 02:09:35 AM

Quote from: JessicaSe on March 19, 2016, 05:26:30 PM

Quote from: MaxTax on March 19, 2016, 04:21:20 PM

Quote from: RealPhotoshoper on March 19, 2016, 03:21:11 PM

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 will not believe if bitcoin could replace money,even it happen,i'm sure we all on this forum was not exist,need more than 50 year for bitcoin to really replaces money.

Bitcoin will not be replace any fiat money or currency. Since it is only digital. It may be that bitcoin will outcompete them in
market cap and trading. But in no way will it replace it.

Yes it is really difficult for any digital currency to replace paper currency, bitcoin will be used more in future but for only digital shopping and not the physical.

Yes its really difficult to replace paper currency. Bitcoin will get its physical form and this will surely make the circulation as well usage high.

I doubt bitcoin will get into a physical form to be used in the market,bitcoin physical form is for collectible only.
Who would create such money and government will not allow any person to use that in their country.

But to get high number of adoption bitcoin needs to get its physical form. There are lot users who just believe in physical form of currencies.

trenchflaint

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Quote from: n0ne on March 20, 2016, 02:09:35 AM

Quote from: JessicaSe on March 19, 2016, 05:26:30 PM

Quote from: MaxTax on March 19, 2016, 04:21:20 PM

Quote from: RealPhotoshoper on March 19, 2016, 03:21:11 PM

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 will not believe if bitcoin could replace money,even it happen,i'm sure we all on this forum was not exist,need more than 50 year for bitcoin to really replaces money.

Bitcoin will not be replace any fiat money or currency. Since it is only digital. It may be that bitcoin will outcompete them in
market cap and trading. But in no way will it replace it.

Yes it is really difficult for any digital currency to replace paper currency, bitcoin will be used more in future but for only digital shopping and not the physical.

Yes its really difficult to replace paper currency. Bitcoin will get its physical form and this will surely make the circulation as well usage high.

I doubt bitcoin will get into a physical form to be used in the market,bitcoin physical form is for collectible only.
Who would create such money and government will not allow any person to use that in their country.

bestluck

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No, it cannot happen as all the curency has its own country which support it and bitcoin is also a money , and bitcoin is still too young for to compete these currencies which have super owners.

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Quote from: RealPhotoshoper on March 19, 2016, 03:21:11 PM

i will not believe if bitcoin could replace money,even it happen,i'm sure we all on this forum was not exist,need more than 50 year for bitcoin to really replaces money.

That is right, IMO, I don't see bitcoin replacing our currencies..the both may co exist in the market, but money would still be dominant of the two...even after this lifetime..

n0ne

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Quote from: JessicaSe on March 19, 2016, 05:26:30 PM

Quote from: MaxTax on March 19, 2016, 04:21:20 PM

Quote from: RealPhotoshoper on March 19, 2016, 03:21:11 PM

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 will not believe if bitcoin could replace money,even it happen,i'm sure we all on this forum was not exist,need more than 50 year for bitcoin to really replaces money.

Bitcoin will not be replace any fiat money or currency. Since it is only digital. It may be that bitcoin will outcompete them in
market cap and trading. But in no way will it replace it.

Yes it is really difficult for any digital currency to replace paper currency, bitcoin will be used more in future but for only digital shopping and not the physical.

Yes its really difficult to replace paper currency. Bitcoin will get its physical form and this will surely make the circulation as well usage high.

JessicaSe

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Quote from: MaxTax on March 19, 2016, 04:21:20 PM

Quote from: RealPhotoshoper on March 19, 2016, 03:21:11 PM

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 will not believe if bitcoin could replace money,even it happen,i'm sure we all on this forum was not exist,need more than 50 year for bitcoin to really replaces money.

Bitcoin will not be replace any fiat money or currency. Since it is only digital. It may be that bitcoin will outcompete them in
market cap and trading. But in no way will it replace it.

Yes it is really difficult for any digital currency to replace paper currency, bitcoin will be used more in future but for only digital shopping and not the physical.

MaxTax

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Activity: 322

Merit: 250

Quote from: RealPhotoshoper on March 19, 2016, 03:21:11 PM

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 will not believe if bitcoin could replace money,even it happen,i'm sure we all on this forum was not exist,need more than 50 year for bitcoin to really replaces money.

Bitcoin will not be replace any fiat money or currency. Since it is only digital. It may be that bitcoin will outcompete them in
market cap and trading. But in no way will it replace it.

RealPhotoshoper

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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 will not believe if bitcoin could replace money,even it happen,i'm sure we all on this forum was not exist,need more than 50 year for bitcoin to really replaces money.

praprata

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Activity: 420

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Fiat is important for our daily expenses. No virtual currency will be able to replace that.
Not now and not in the future. But that is not something bad t.b.h.

OrangeII

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Quote from: bitbunnny on February 27, 2016, 11:18:48 AM

It can't replace fiat because the amount of BTC is limited. And the fiat can't just vanish from the world economy so easily.

you're right, it will not happen because it will very much affect the current economy, but it also, if bitcoin replace the money, then all prices in the calculation must be returned and in balance with the value of bitcoin. it would have spent a lot of time that could be used for something more useful

bitbunnny

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It can't replace fiat because the amount of BTC is limited. And the fiat can't just vanish from the world economy so easily.

BitsandBites

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Quote from: poptok1 on February 27, 2016, 10:43:31 AM

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...

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.

poptok1

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Bobby Fischer was right

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...

trickyriky

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Quote from: Hellacopter on February 27, 2016, 10:37:05 AM

Quote from: nejibens on February 27, 2016, 10:14:54 AM

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!!!!

Hellacopter

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Quote from: nejibens on February 27, 2016, 10:14:54 AM

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

nejibens

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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

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