Bitcoin replaces the money? Could happen? - page 70.

maku

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Quote from: makingwin1 on January 27, 2016, 03:10:32 PM

i think that it could actually happen in the future though it will require the mass adoption to happen and people starting use it way more in their everyday life

It never gonna happen, Bitcoin will always gonna be niche technology used by few hipsters. If it was so amazing it will be adopted already - everywhere.
Current FIAT system is rooted so hard in people's mind that we need to change whole 'what is real money' approach changed for cryptocurrencies to be regarded.

acroman08

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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?

this will never happen! i dont why some people saying that bitcoin will replace money? is it because when bitcoin is being use world wide
fiat will left out, bitcoin may become popular in the future but fiat money will stay whether you like it or not.

Ryananda

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Quote from: afriezalie on January 30, 2016, 11:11:06 PM

Personally, I say no in this decade. Nowadays, bitcoin still needs other physic currencies to be able to used. I think bitcoin is same with other online currencies like paypal. They can be used as alternative payment method, but they still can't replace FIAT because they still need internet connection to be used as normal.

Another thing is government regulation. Many governments still ban bitcoin in their country or state because they don't want bitcoin spread in their country. Bitcoin won't be used as global currency if there's country which ban bitcoin for it's own purpose.

Bitcoin is very different with paypal, paypal using the dollar while using its own currency bitcoin. Ya might need to change the length that could be currency bitcoin.

And not all governments oppose bitcoin, I'm sure there are some support. Yes I do not know can or not but if done correctly I believe it is able to.

afriezalie

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Personally, I say no in this decade. Nowadays, bitcoin still needs other physic currencies to be able to used. I think bitcoin is same with other online currencies like paypal. They can be used as alternative payment method, but they still can't replace FIAT because they still need internet connection to be used as normal.

Another thing is government regulation. Many governments still ban bitcoin in their country or state because they don't want bitcoin spread in their country. Bitcoin won't be used as global currency if there's country which ban bitcoin for it's own purpose.

Pab

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It cant happen becouse bitcoin is moneyYou can buy sell with bitcoin, You can exchange in many fiat money
so bitcoin is money.Find diffrent question

155UE

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It could happen in the future but it will be hard to do so. Bitcoin needs to do something big for it to happen.

romero121

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casinosblockchain.io

Bitcoin may be used equal to local money, but replacing won't happen even if there is mass adaption for bitcoin. Bitcoin has been in its growing level, so sometimes it may overcome our predictions

Drekavac

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Something terrible must happen to humanity to finally realised what the fiat money really is!

justspare

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Quote from: makingwin1 on January 27, 2016, 03:10:32 PM

i think that it could actually happen in the future though it will require the mass adoption to happen and people starting use it way more in their everyday life

There is no way that it will ever happen. Fiat is much better and Bitcoin really needs to do something big for it to overtake fiat.

Ryananda

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Quote from: Pollak on January 28, 2016, 11:42:47 AM

I think Bitcoin will never replace money. The fact is a huge transformation which it has to last really long.
Some people do not even know what Bitcoin is.

Yes maybe for now you really are many people who do not know bitcoin, but over time many people will certainly know bitcoin and I'm sure with it. Moreover, there are enough who adopt bitcoin, but I also do not know whether bitcoin can replace money. I know it's very difficult.

Pollak

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Pollak

I think Bitcoin will never replace money. The fact is a huge transformation which it has to last really long.
Some people do not even know what Bitcoin is.

Ryananda

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Quote from: makingwin1 on January 27, 2016, 03:10:32 PM

i think that it could actually happen in the future though it will require the mass adoption to happen and people starting use it way more in their everyday life

Increasing people / companies who adopt bitcoin sure it will happen even if indirectly, all but one of them will adopt.
Yes but I do not know clearly how bitcoin progress and any errors and affect the progress of bitcoin future.

makingwin1

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i think that it could actually happen in the future though it will require the mass adoption to happen and people starting use it way more in their everyday life

Drekavac

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https://www.youtube.com/watch?v=UrJGlXEs8nI Roll Eyes

Why would masters of the world gave up on control of the world?

wayniac30

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Short answer: NO. Regular money will ALWAYS be above bitcoins.... and that's the way it should be.

Drekavac

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No No No!
It is impossible today and even for 10 years.
It is just hardly imaginable painful process for whole world, especially for banks and money masters..

Nahl

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Quote from: sishendaoye on January 12, 2016, 05:14:57 AM

Quote from: kheein on January 10, 2016, 11:02:09 PM

maybe , someday with bitcoin we could buy something . the important thing now hopefully bitcoin currency legalized be recognized throughout the country.

Bitcoin will not replace money. It's just an alternative option of currency made available to us. I don't think it was made to replace anything.

i do agree with you bitcoin is bitcoin and money is money and impossible to see bitcoin replace money but we can use bitcoin to make a money

LuckyYOU

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Nah, I don't think its possible people don't trust bitcoin.
Bitcoin has bad name and I don't see people using the bitcoin instead of real money.
Maybe in the future its possible but far from today.

AtheistAKASaneBrain

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It will happen once the current system starts collapsing. There are trillions and trillions of money out there trying to find a new home after the markets crash, and Bitcoin will remain the #1 king of crypto, therefore all the money will go there.

nejibens

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I think the Bitcoin's currency is indeed money , really not yet used as fiat but it's already money could be used to sell and buy things online and offline

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