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Topic: Bitcoin replaces the money? Could happen? - page 7. (Read 86028 times)

sr. member
Activity: 292
Merit: 250
I think bitcoin is a money too so? how bitcoin replaces money hmm?? it's still a money :3
member
Activity: 90
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bitcoin will never replace the money.
just because money is money
crypto-currency something u can use on internet.
sr. member
Activity: 476
Merit: 250
No way, now it is no need to change, and also after few years, bitcoin will not be changed into money or into other crypto currency. Bitcoin is a name of brand, and with the passing of time, bitcoin also improve its quality and also give us more opportunities.

Yeah you are right with it. Bitcoin can be a good currency but it won't make that it is going to change the currency that we used to use. This is just going to be possible to happen if Hillary Clinto or Donald Dump will also to see and accept the fact that bitcoin is going to be the medium that people wants for cashless society.
People don't need Bitcoin for a cashless economy. If I take myself as an example, then I barely use cash money in my daily life.

It's either my bank card that I use, or my smartphone with NFC enabled to complete purchases.

Everything is being digitalized in the current world, even fiat.

But not all are money. Some like paper money. I do not think Bitcoin ever replace fiat
of course bitcoin will not be able to replace fiat, I think the fiat system is very good and is used by all countries, I do not think there will be countries that want to adopt bitcoin and replace fiat
sr. member
Activity: 602
Merit: 250
No way, now it is no need to change, and also after few years, bitcoin will not be changed into money or into other crypto currency. Bitcoin is a name of brand, and with the passing of time, bitcoin also improve its quality and also give us more opportunities.

Yeah you are right with it. Bitcoin can be a good currency but it won't make that it is going to change the currency that we used to use. This is just going to be possible to happen if Hillary Clinto or Donald Dump will also to see and accept the fact that bitcoin is going to be the medium that people wants for cashless society.
People don't need Bitcoin for a cashless economy. If I take myself as an example, then I barely use cash money in my daily life.

It's either my bank card that I use, or my smartphone with NFC enabled to complete purchases.

Everything is being digitalized in the current world, even fiat.

But not all are money. Some like paper money. I do not think Bitcoin ever replace fiat
legendary
Activity: 1526
Merit: 1179
No way, now it is no need to change, and also after few years, bitcoin will not be changed into money or into other crypto currency. Bitcoin is a name of brand, and with the passing of time, bitcoin also improve its quality and also give us more opportunities.

Yeah you are right with it. Bitcoin can be a good currency but it won't make that it is going to change the currency that we used to use. This is just going to be possible to happen if Hillary Clinto or Donald Dump will also to see and accept the fact that bitcoin is going to be the medium that people wants for cashless society.
People don't need Bitcoin for a cashless economy. If I take myself as an example, then I barely use cash money in my daily life.

It's either my bank card that I use, or my smartphone with NFC enabled to complete purchases.

Everything is being digitalized in the current world, even fiat.
sr. member
Activity: 308
Merit: 250
For now bitcoin replacing money is impossible. It is also impossible in the near future since banks and governments will take actions to stop bitcoin for replacing fiat. In the far future, it might be possible that bitcoin replaces fiat if and only the government officials or leaders at that time supports bitcoin and will allow it to be used as a currency. There's a low probability of it happening but at least there's a little chance that it might happen.  Roll Eyes
i think it is not impossible as anything can be possible so bitcoin can replace fiat but it will take a lot of time, and the second is that band and government cannot stop bitcoin from increasing its value and becoming more and more popular as the price of bitcoin, as bitcoin is anonymous and now one know that who i using it and from where.
hero member
Activity: 630
Merit: 500
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We are all having this dream but we still need to come let it out and we also need to spread the bitcoin way more so it gets more popular and the price also rises more so we can all make some good money with it.

Maybe than it can also replace the money in the far future.

It would take time before bitcoin could spread around the globe and most probably the use of it would really take time before everyone know how... The only thing that could make it faster is when the government legally recognizes it as money.. Bitcoin won't be enough to replace all the money in the world I think...  Smiley


Nope, it wouldn't replace money lets just say each of them has its own category. Digital is for bitcoin, analog is for money. I will explain it, bitcoin is only a value for internet coins which you can only see on the internet but you can see it on the street like purchasing some goods, while money is seen on internet the value but itself was seen every where you can touch it like you withdraw it in your atm account its a good view from digital value to actual form of money. Money would not be replaced since bit coin will just be converted to money before you can use it.
global moderator
Activity: 2324
Merit: 1179
While my guitar gently weeps!!!
We are all having this dream but we still need to come let it out and we also need to spread the bitcoin way more so it gets more popular and the price also rises more so we can all make some good money with it.

Maybe than it can also replace the money in the far future.

It would take time before bitcoin could spread around the globe and most probably the use of it would really take time before everyone know how... The only thing that could make it faster is when the government legally recognizes it as money.. Bitcoin won't be enough to replace all the money in the world I think...  Smiley
legendary
Activity: 2954
Merit: 1159
No way, now it is no need to change, and also after few years, bitcoin will not be changed into money or into other crypto currency. Bitcoin is a name of brand, and with the passing of time, bitcoin also improve its quality and also give us more opportunities.
sr. member
Activity: 462
Merit: 250
We are all having this dream but we still need to come let it out and we also need to spread the bitcoin way more so it gets more popular and the price also rises more so we can all make some good money with it.

Maybe than it can also replace the money in the far future.
hero member
Activity: 672
Merit: 503
For now bitcoin replacing money is impossible. It is also impossible in the near future since banks and governments will take actions to stop bitcoin for replacing fiat. In the far future, it might be possible that bitcoin replaces fiat if and only the government officials or leaders at that time supports bitcoin and will allow it to be used as a currency. There's a low probability of it happening but at least there's a little chance that it might happen.  Roll Eyes

And I think that FOR NOW will be bound for forever. Frankly speaking, digital transactions is always benefiting those who has access in digital world. How about those people who can't touch even google.com.

Well the odds is really low for that to happen.

Exactly and people who don't have access to internet will never be able to use bitcoin and for them paper money is the one and only thing to spend their money so I think paper money will always survive.

Bitcoin can only dominate internet transactions so without internet bitcoin is nothing.

There are many physical stores today and physical cash is more convenient when dealing with those. But again bitcoin is good as an alternative payment if ever people doesn't have cash.

People who have an option to use bitcoins will surely go for it as it avoids the risk of holding physical cash where you may get robbed by the thieves and with bitcoin you can go cashless only thing you need is internet and a smartphone.
legendary
Activity: 2436
Merit: 1008
For now bitcoin replacing money is impossible. It is also impossible in the near future since banks and governments will take actions to stop bitcoin for replacing fiat. In the far future, it might be possible that bitcoin replaces fiat if and only the government officials or leaders at that time supports bitcoin and will allow it to be used as a currency. There's a low probability of it happening but at least there's a little chance that it might happen.  Roll Eyes

And I think that FOR NOW will be bound for forever. Frankly speaking, digital transactions is always benefiting those who has access in digital world. How about those people who can't touch even google.com.

Well the odds is really low for that to happen.

Exactly and people who don't have access to internet will never be able to use bitcoin and for them paper money is the one and only thing to spend their money so I think paper money will always survive.

Bitcoin can only dominate internet transactions so without internet bitcoin is nothing.

There are many physical stores today and physical cash is more convenient when dealing with those. But again bitcoin is good as an alternative payment if ever people doesn't have cash.
hero member
Activity: 812
Merit: 1000
For now bitcoin replacing money is impossible. It is also impossible in the near future since banks and governments will take actions to stop bitcoin for replacing fiat. In the far future, it might be possible that bitcoin replaces fiat if and only the government officials or leaders at that time supports bitcoin and will allow it to be used as a currency. There's a low probability of it happening but at least there's a little chance that it might happen.  Roll Eyes

And I think that FOR NOW will be bound for forever. Frankly speaking, digital transactions is always benefiting those who has access in digital world. How about those people who can't touch even google.com.

Well the odds is really low for that to happen.

Exactly and people who don't have access to internet will never be able to use bitcoin and for them paper money is the one and only thing to spend their money so I think paper money will always survive.
legendary
Activity: 2436
Merit: 1008
For now bitcoin replacing money is impossible. It is also impossible in the near future since banks and governments will take actions to stop bitcoin for replacing fiat. In the far future, it might be possible that bitcoin replaces fiat if and only the government officials or leaders at that time supports bitcoin and will allow it to be used as a currency. There's a low probability of it happening but at least there's a little chance that it might happen.  Roll Eyes

And I think that FOR NOW will be bound for forever. Frankly speaking, digital transactions is always benefiting those who has access in digital world. How about those people who can't touch even google.com.

Well the odds is really low for that to happen.
legendary
Activity: 3248
Merit: 1130
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Bitcoin willnot replace the money.Paper currency is accepted worldwide and Bitcoin is accepted by very few traders.Bitcoin price faces high fluctuation whereas paper currency doesnot.Paper currency is supported by governments.But Bitcoin will be a secondary payment option.

I also do not think this is gonna happen but it would be nice if this happened of course, because of the fact that you can than make some nice amounts without any doubts.
The bitcoin will get bigger but other currency's will still have more power due to the banks.

It is nice but right. It will be a selfish thing to do. All of us here who knows bitcoin already wont have a problem. Then how about those who dont? How about those homeless who are just relying on cash. How can they afford to learn from it where they need internet and a computer or smartphone. You cant just post an ad which tells everything about bitcoin. That will be expensive.
sr. member
Activity: 420
Merit: 250
Bitcoin willnot replace the money.Paper currency is accepted worldwide and Bitcoin is accepted by very few traders.Bitcoin price faces high fluctuation whereas paper currency doesnot.Paper currency is supported by governments.But Bitcoin will be a secondary payment option.

I also do not think this is gonna happen but it would be nice if this happened of course, because of the fact that you can than make some nice amounts without any doubts.
The bitcoin will get bigger but other currency's will still have more power due to the banks.
hero member
Activity: 742
Merit: 500
Bitcoin willnot replace the money.Paper currency is accepted worldwide and Bitcoin is accepted by very few traders.Bitcoin price faces high fluctuation whereas paper currency doesnot.Paper currency is supported by governments.But Bitcoin will be a secondary payment option.
hero member
Activity: 518
Merit: 500
No I do not think this will happen but of course never say never because you never know it of course.
I think that its gonna be hard the other currency's are already so long in the game.

I also do not have the feeling it can do this, the other currency's are indeed longer in the game but are also way too big.
Banks will also not let this happen in my eyes so that is another reason why its most likely not gonna happen.
Another reason is there are many fiat available. Like every country has its own currency but there is only one single bitcoin
hero member
Activity: 882
Merit: 544
For now bitcoin replacing money is impossible. It is also impossible in the near future since banks and governments will take actions to stop bitcoin for replacing fiat. In the far future, it might be possible that bitcoin replaces fiat if and only the government officials or leaders at that time supports bitcoin and will allow it to be used as a currency. There's a low probability of it happening but at least there's a little chance that it might happen.  Roll Eyes
hero member
Activity: 1246
Merit: 529
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No I do not think this will happen but of course never say never because you never know it of course.
I think that its gonna be hard the other currency's are already so long in the game.

I also do not have the feeling it can do this, the other currency's are indeed longer in the game but are also way too big.
Banks will also not let this happen in my eyes so that is another reason why its most likely not gonna happen.
That's the problem with us here because since we have witness that bitcoin is getting more successful we are too unrealistic to think that it will grow big in the future and can replace our money system, that would never happen, it is not banks that will not allow it but the government itsefl.
Well that's how it works though. People right now are much reliant on the fiat that anything that challenges it gets a pessimistic response. I also don't think bitcoin can replace paper money. Not in the near future.
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