Bitcoin replaces the money? Could happen? - page 59.

kacak41

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Quote from: kartaggen on February 27, 2016, 05:19:43 AM

Quote from: CryptoBjorn on February 26, 2016, 05:09:02 PM

Quote from: BitsandBites on February 21, 2016, 04:02:38 AM

That will happen not so fast, I think. That will be impossible now on this time. Many people dont even know what Bitcoin is.
And I hope later that more people will know about Bitcoin and that they can use it in the future.

I also do not see this happen at all its just to much because the bitcoin is very dependent on the dollar these days so I think this is not gonna happen.
Also the point is that banks and other people/company's will not let this happen the dollar is already to big, a lot of people around the globe are depending on it.

Yeah, in future more people would start using bitcoin as a currency but that would be their secondary option, the primary option would be to use dollars for making purchases.

I think bitcoin will be more powerful in future, but it cannot replace paper money as the paper money is widely used and accepted but many will face a good competition from bitcoins in future.

kartaggen

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Quote from: CryptoBjorn on February 26, 2016, 05:09:02 PM

Quote from: BitsandBites on February 21, 2016, 04:02:38 AM

That will happen not so fast, I think. That will be impossible now on this time. Many people dont even know what Bitcoin is.
And I hope later that more people will know about Bitcoin and that they can use it in the future.

I also do not see this happen at all its just to much because the bitcoin is very dependent on the dollar these days so I think this is not gonna happen.
Also the point is that banks and other people/company's will not let this happen the dollar is already to big, a lot of people around the globe are depending on it.

Yeah, in future more people would start using bitcoin as a currency but that would be their secondary option, the primary option would be to use dollars for making purchases.

CryptoBjorn

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Quote from: BitsandBites on February 21, 2016, 04:02:38 AM

That will happen not so fast, I think. That will be impossible now on this time. Many people dont even know what Bitcoin is.
And I hope later that more people will know about Bitcoin and that they can use it in the future.

I also do not see this happen at all its just to much because the bitcoin is very dependent on the dollar these days so I think this is not gonna happen.
Also the point is that banks and other people/company's will not let this happen the dollar is already to big, a lot of people around the globe are depending on it.

Bitcoinbro

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Quote from: CryingMidget on February 26, 2016, 11:08:03 AM

Quote from: pocarime32 on February 26, 2016, 08:56:36 AM

Yes, Bitcoin could happen replaced the money. Especially if a company start make the physical of bitcoin and make them like real money, i'm sure more people will using bitcoin if that happened.

If bitcoin replaces fiat means that really happy news for me. We can good profit from bitcoin instead of buying and selling. Even every person adopt bitcoin in their physical business.
Then price also will growing high, happy with bitcoin guys.

It can happen. People need some normal money too. And of course Bitcoin is becoming now more popular these days.
But it wont replace it. Because many people doesnt even know what Bitcoin is and that is the problem mate.

CryingMidget

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Quote from: pocarime32 on February 26, 2016, 08:56:36 AM

Yes, Bitcoin could happen replaced the money. Especially if a company start make the physical of bitcoin and make them like real money, i'm sure more people will using bitcoin if that happened.

If bitcoin replaces fiat means that really happy news for me. We can good profit from bitcoin instead of buying and selling. Even every person adopt bitcoin in their physical business.
Then price also will growing high, happy with bitcoin guys.

harizen

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Quote from: pocarime32 on February 26, 2016, 08:56:36 AM

Yes, Bitcoin could happen replaced the money. Especially if a company start make the physical of bitcoin and make them like real money, i'm sure more people will using bitcoin if that happened.

If that happened there will no bitcoin to fiat exchanges. Say goodbye to your $1000 , $2000 expected price per single coins since it has no exchanges now.

Rather than hoping for a replacement thing, let's just bitcoin today and just increased it's value in terms of fiat exchange.

trickyriky

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Quote from: pocarime32 on February 26, 2016, 08:56:36 AM

Yes, Bitcoin could happen replaced the money. Especially if a company start make the physical of bitcoin and make them like real money, i'm sure more people will using bitcoin if that happened.

how? not even 0.5% of the global populous know and use bitcoin or alts, the facts the tech NEEDS internet connectivity and electricity automatically tells us this will not get mass adoption, please stop deluding yourselves, the tech has been built to fail as explained a number of times :/

pocarime32

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Yes, Bitcoin could happen replaced the money. Especially if a company start make the physical of bitcoin and make them like real money, i'm sure more people will using bitcoin if that happened.

phreaky

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Bitcoin could replace the money but its from now real far a way if you ask me, due to the reason the bitcoin has to get a lot bigger if this would happen.
I think with the future of the bitcoin is possible but it will take a couple of years maybe even more something near the 10 years.

CryingMidget

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Quote from: OrangeII on February 25, 2016, 11:42:50 AM

Quote from: ampere on February 25, 2016, 11:06:59 AM

Quote from: Alvin Fahriza on February 22, 2016, 01:01:12 AM

Quote from: BitsandBites on February 21, 2016, 04:02:38 AM

That will happen not so fast, I think. That will be impossible now on this time. Many people dont even know what Bitcoin is.
And I hope later that more people will know about Bitcoin and that they can use it in the future.

needs to be long enough for many people adopt bitcoin. the key is adoption

Yes, if the adoption goes higher then there are chances that it can replace the money, but I don't see it happening very soon as the awareness level should also reach to a next level.

but I think even if the whole world adopted a bitcoin, and used well, I guess bitcoin will not be able to replace the money that has become a culture in the world

There is possiblity to replace the fiat money and bitcoin also have that much potential.
But it will happen after 30 years according to my speculation Sure bitcoin is the next money which can able to replace the usd's place.

martinacar

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Quote from: Nemesis099 on February 25, 2016, 11:45:36 AM

Quote from: OrangeII on February 25, 2016, 11:42:50 AM

Quote from: ampere on February 25, 2016, 11:06:59 AM

Quote from: Alvin Fahriza on February 22, 2016, 01:01:12 AM

Quote from: BitsandBites on February 21, 2016, 04:02:38 AM

That will happen not so fast, I think. That will be impossible now on this time. Many people dont even know what Bitcoin is.
And I hope later that more people will know about Bitcoin and that they can use it in the future.

needs to be long enough for many people adopt bitcoin. the key is adoption

Yes, if the adoption goes higher then there are chances that it can replace the money, but I don't see it happening very soon as the awareness level should also reach to a next level.

but I think even if the whole world adopted a bitcoin, and used well, I guess bitcoin will not be able to replace the money that has become a culture in the world

Yes and the reason is fiat is more popular and majority of population uses fiat for their basic purchases and its difficult to predict that they would be start using bitcoins in compare to fiat, difficult to believe.

Of course there is a possibility but that wont happen now. Maybe after 10 years it will happen.
But now around this time that it wont happen. Many people doesnt even know what Bitcoin is. And that is a problem.

Nemesis099

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Quote from: OrangeII on February 25, 2016, 11:42:50 AM

Quote from: ampere on February 25, 2016, 11:06:59 AM

Quote from: Alvin Fahriza on February 22, 2016, 01:01:12 AM

Quote from: BitsandBites on February 21, 2016, 04:02:38 AM

That will happen not so fast, I think. That will be impossible now on this time. Many people dont even know what Bitcoin is.
And I hope later that more people will know about Bitcoin and that they can use it in the future.

needs to be long enough for many people adopt bitcoin. the key is adoption

Yes, if the adoption goes higher then there are chances that it can replace the money, but I don't see it happening very soon as the awareness level should also reach to a next level.

but I think even if the whole world adopted a bitcoin, and used well, I guess bitcoin will not be able to replace the money that has become a culture in the world

Yes and the reason is fiat is more popular and majority of population uses fiat for their basic purchases and its difficult to predict that they would be start using bitcoins in compare to fiat, difficult to believe.

OrangeII

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Quote from: ampere on February 25, 2016, 11:06:59 AM

Quote from: Alvin Fahriza on February 22, 2016, 01:01:12 AM

Quote from: BitsandBites on February 21, 2016, 04:02:38 AM

That will happen not so fast, I think. That will be impossible now on this time. Many people dont even know what Bitcoin is.
And I hope later that more people will know about Bitcoin and that they can use it in the future.

needs to be long enough for many people adopt bitcoin. the key is adoption

Yes, if the adoption goes higher then there are chances that it can replace the money, but I don't see it happening very soon as the awareness level should also reach to a next level.

but I think even if the whole world adopted a bitcoin, and used well, I guess bitcoin will not be able to replace the money that has become a culture in the world

ampere

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Quote from: Alvin Fahriza on February 22, 2016, 01:01:12 AM

Quote from: BitsandBites on February 21, 2016, 04:02:38 AM

That will happen not so fast, I think. That will be impossible now on this time. Many people dont even know what Bitcoin is.
And I hope later that more people will know about Bitcoin and that they can use it in the future.

needs to be long enough for many people adopt bitcoin. the key is adoption

Yes, if the adoption goes higher then there are chances that it can replace the money, but I don't see it happening very soon as the awareness level should also reach to a next level.

Alvin Fahriza

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Quote from: BitsandBites on February 21, 2016, 04:02:38 AM

That will happen not so fast, I think. That will be impossible now on this time. Many people dont even know what Bitcoin is.
And I hope later that more people will know about Bitcoin and that they can use it in the future.

needs to be long enough for many people adopt bitcoin. the key is adoption

Mr. Big

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Quote from: BitsandBites on February 21, 2016, 04:02:38 AM

That will happen not so fast, I think. That will be impossible now on this time. Many people dont even know what Bitcoin is.
And I hope later that more people will know about Bitcoin and that they can use it in the future.

yeah, really not that fast, as it is still needs to be widespread in every community... I am thinking of the movie "in time" when fiat has end its era..

BitsandBites

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That will happen not so fast, I think. That will be impossible now on this time. Many people dont even know what Bitcoin is.
And I hope later that more people will know about Bitcoin and that they can use it in the future.

fruitcommander

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Quote from: pneumatic5 on February 20, 2016, 05:22:34 PM

Quote from: Farma on February 20, 2016, 10:33:00 AM

Quote from: Nemesis099 on February 20, 2016, 08:57:10 AM

Its difficult to assume that bitcoin can replace money in future unless we can buy anything that we want directly by using bitcoin as a currency or a payment method.

you're right, it's very difficult, because bitcoin is not yet known by all people in the world, especially those who rarely play on the internet, usually it is people who are busy with work, so it is very difficult to replace the current dollar bitcoin

Yeah and the major problem that we are facing is people don't show initiative in learning something new if we introduce to them, as they are busy with their schedule so they just simply ignore us.

Yeah, but bitcoin can replace money in future, if bitcoin gets on mainstream then nothing can stop it, it have a tendency to replace money, the only thing we need is a support from the people across the globe.

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Quote from: Farma on February 20, 2016, 10:33:00 AM

Quote from: Nemesis099 on February 20, 2016, 08:57:10 AM

Its difficult to assume that bitcoin can replace money in future unless we can buy anything that we want directly by using bitcoin as a currency or a payment method.

you're right, it's very difficult, because bitcoin is not yet known by all people in the world, especially those who rarely play on the internet, usually it is people who are busy with work, so it is very difficult to replace the current dollar bitcoin

Yeah and the major problem that we are facing is people don't show initiative in learning something new if we introduce to them, as they are busy with their schedule so they just simply ignore us.

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Quote from: Nemesis099 on February 20, 2016, 08:57:10 AM

Its difficult to assume that bitcoin can replace money in future unless we can buy anything that we want directly by using bitcoin as a currency or a payment method.

you're right, it's very difficult, because bitcoin is not yet known by all people in the world, especially those who rarely play on the internet, usually it is people who are busy with work, so it is very difficult to replace the current dollar bitcoin

Topic: Bitcoin replaces the money? Could happen? - page 59. (Read 86047 times)