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Topic: Bitcoin replaces the money? Could happen? - page 66. (Read 86028 times)

legendary
Activity: 2380
Merit: 1026
February 05, 2016, 08:20:04 PM

it only takes the right time. bitcoin already have everything, bitcoin just need more users
This is a truth.
 And only more users can bring stability and more ideas in bitcoin community.
Dollar vs bitcoin and bitcoin vs gold , diamonds,silver..are just bad jokes!
legendary
Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
February 05, 2016, 04:08:12 PM
So why majority hoping that bitcoin will replace the money?

Can't you feel the advantage or should I say benefits of using bitcoin today than what will happen if bitcoin will truly replace the money we had today?

Think people.
sr. member
Activity: 378
Merit: 250
February 05, 2016, 04:04:14 PM
Bitcoin will never replace fiat and viceversa. Each has its own purpose in a certain setting.

It is true that it can never replace the fiat , but it can become global currency in the digital world as it is invented for the digital world. The blockchain, in the future it would be a solution for all payments and banking system but along with fiats I believe.

Of course - it can become the primary currency for the digital world. But for the real world fiat is here to stay.
legendary
Activity: 1652
Merit: 1057
February 05, 2016, 03:55:59 PM
Bitcoin will never replace fiat and viceversa. Each has its own purpose in a certain setting.

It is true that it can never replace the fiat , but it can become global currency in the digital world as it is invented for the digital world. The blockchain, in the future it would be a solution for all payments and banking system but along with fiats I believe.
sr. member
Activity: 378
Merit: 250
February 05, 2016, 03:46:59 PM
Bitcoin will never replace fiat and viceversa. Each has its own purpose in a certain setting.
hero member
Activity: 504
Merit: 500
February 05, 2016, 03:40:00 PM
Remember, Bitcoin is the perfect tool for online trading and International value exchange, but it is still pretty corky to be of everyday use.
If bitcoin survives, we will probably see physical tokens being made that will act pretty much like Fiat
hero member
Activity: 714
Merit: 500
Me, myself and I
February 05, 2016, 02:57:34 PM
Bitcoin can be very popular with time. Nowadays a lot of people use credit/debit cards, so this will happen with bitcoin too  Wink
i think bitcoin will not can taking over credit card, because credit card give your time for one month for pay your bills.
legendary
Activity: 2996
Merit: 1188
February 05, 2016, 01:40:10 PM
It could happen but it would take a lot of time for the bitcoin to do that.
I think it will take 10 years and that's still even fast for a change of the currency's.

it doesn't matter how many years go by. currencies as the us dollar and the euro will never get replaced by bitcoin. what i think might happen, is that a very small not important island might be using bitcoin as second main currency. i think there was already an island where something similar happened. i can't seem to find that news article anymore.

You are right, bitcoin can never replace the real money, means the fiat, as every country has their own national currency and its fiat, which they never ever want to disappear for any others. Bitcoin can only replace the world fiat if all the countries in the world sacrifice to leave their national currency, which is impossible,
full member
Activity: 126
Merit: 100
The trouble is you think you have time.
February 05, 2016, 01:29:09 PM
I don't see this happening. At least not any time soon, not in this lifetime.
I doubt that it will become to the point where bitcoin can replace fiat. I do believe however that bitcoin can live a long side of fiat.
hero member
Activity: 658
Merit: 500
February 05, 2016, 11:28:48 AM
Bitcoin can be very popular with time. Nowadays a lot of people use credit/debit cards, so this will happen with bitcoin too  Wink
sr. member
Activity: 882
Merit: 251
February 05, 2016, 09:16:23 AM
yes it would happens who knows as well as more investors ,big bang transfer their asset to bitcoin related investment as soon as bitcoin will overcome the dollar and every other kind of electronic payment.

the delusion astounds me, tell me how will your bitcoin function when guberments start chucking nukes around, when the EMP will destroy the electricity grid, taking the internet with it Sad
hero member
Activity: 910
Merit: 500
February 05, 2016, 09:10:14 AM
yes it would happens who knows as well as more investors ,big bang transfer their asset to bitcoin related investment as soon as bitcoin will overcome the dollar and every other kind of electronic payment.
full member
Activity: 203
Merit: 100
February 05, 2016, 08:53:57 AM
Bitcoin is money, but not i don't think Bitcoin will be the only valuta in world, the biggeste problem is no person/company there taken bitcoin thaking only bitcoins its allways the USD/Eur or orther Fait currency Bitcoin are setting the price after, first when this wall are broken i will even think over Bitcoin take same position as $, € or £
hero member
Activity: 504
Merit: 500
February 05, 2016, 08:49:43 AM

it only takes the right time. bitcoin already have everything, bitcoin just need more users
sr. member
Activity: 518
Merit: 254
★YoBit.Net★ 350+ Coins Exchange & Dice
February 05, 2016, 08:45:38 AM
It could happen but it would take a lot of time for the bitcoin to do that.
I think it will take 10 years and that's still even fast for a change of the currency's.

it doesn't matter how many years go by. currencies as the us dollar and the euro will never get replaced by bitcoin. what i think might happen, is that a very small not important island might be using bitcoin as second main currency. i think there was already an island where something similar happened. i can't seem to find that news article anymore.

It may require some centuries to replace the real currency , as now the ATM card has also started for normal use, and it will take over the world may be in the next 10 or 20 years. Now everyone is going to involve in the digital world, so bitcoin is inevitable but needs more time.

Exactly ATM should come first to become mainstream. They still need to find a way to stabilize the price of bitcoin as merchants don't want to have varying uncontrollable profits.
legendary
Activity: 2100
Merit: 1058
February 05, 2016, 08:42:34 AM
It could happen but it would take a lot of time for the bitcoin to do that.
I think it will take 10 years and that's still even fast for a change of the currency's.

it doesn't matter how many years go by. currencies as the us dollar and the euro will never get replaced by bitcoin. what i think might happen, is that a very small not important island might be using bitcoin as second main currency. i think there was already an island where something similar happened. i can't seem to find that news article anymore.

It may require some centuries to replace the real currency , as now the ATM card has also started for normal use, and it will take over the world may be in the next 10 or 20 years. Now everyone is going to involve in the digital world, so bitcoin is inevitable but needs more time.
hero member
Activity: 546
Merit: 500
February 05, 2016, 08:26:39 AM
Despite of the great future ahead I can see with bitcoin, I still doubt it will replace money (or maybe you mean fiat). If ever bitcoin will replace dollar money , I guess it will start to be centralized , which bitcoiners won't let happen Cheesy But as the saying says, "anything is possible", who knows
legendary
Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
February 05, 2016, 06:46:27 AM
It could happen but it would take some time till it is so far.

I think its possible when the bitcoin is a bit bigger.

The bitcoin is the future of the currency's

Say goodbye to your skyrocket dream if bitcoin will replace the money system, removing fiat completely.

If bitcoin will replace money, it will includes USD. USD is not virtual like BTC. Where in the hell will get the value of BTC if no fiat currency involved.

1:1 will be the ratio.
sr. member
Activity: 462
Merit: 250
February 05, 2016, 05:44:08 AM
I think that can not happen. Many people do not even know what Bitcoins and do not know how it is used.
So I think it can not happen.
legendary
Activity: 3206
Merit: 1213
casinosblockchain.io
February 05, 2016, 03:24:21 AM
It might happen one day, e-mail replaced the fax/traditional postal mailing system, it is still used but not for communicating but parcels, Wired phone lines were replaced with wireless mobile phones and same way Digital currency will replace Fiat some day.

As you said it has got the value to replace the fiat money. There won't be much replace of local standard currencies that were already in use. On addition bitcoin also will be used over every countries, no need of exchanges as it is now
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