Bitcoin replaces the money? Could happen? - page 78.

coinplus

legendary

Activity: 1386

Merit: 1058

Quote from: lixer on December 25, 2015, 04:08:46 AM

Quote from: voztata on December 25, 2015, 04:05:17 AM

Quote from: Amph on December 25, 2015, 03:43:58 AM

again, it does not need tor eplace fiat money to be successful, why people always see all black or white

it can perfectly work in conjuction with it and be vastly adopted

Yes bitcoin does not need to replace fiats to get it's own future. Along with fiats there are big possibilities to become more successful in terms of value and user base, like people use fiats for some purpose and bitcoin for some other purpose like online transactions or as investments.

Yes both dollars and bitcoin will exist and will serve the human beings with their own features.
People may argue that bitcoin has all the features of fiat currencies. Then what is the need for fiats. But all the people in this world does not have knowledge on Internet and crypto-currencies.

You got the point. To replace dollars, bitcoin needs to come in physical form. Otherwise all the people in this world need to have internet and knowledge on cryptocurrencies. Without knowledge on internet and online transaction, it would be hard for bitcoin to replace fiats

quentincole32

hero member

Activity: 518

Merit: 500

Quote from: Ryananda on December 25, 2015, 02:01:09 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?

we all will never know about it, bitcoin replace money, sounds crazy, but it is very difficult to guess, let's wait for 5 or 10 years down the road, if bitcoin is used by more than 20% of people in the world, maybe the money would be replaced by bitcoin ,

Whosdaddy

hero member

Activity: 1148

Merit: 527

Quote from: lixer on December 25, 2015, 04:08:46 AM

Quote from: voztata on December 25, 2015, 04:05:17 AM

Quote from: Amph on December 25, 2015, 03:43:58 AM

again, it does not need tor eplace fiat money to be successful, why people always see all black or white

it can perfectly work in conjuction with it and be vastly adopted

Yes bitcoin does not need to replace fiats to get it's own future. Along with fiats there are big possibilities to become more successful in terms of value and user base, like people use fiats for some purpose and bitcoin for some other purpose like online transactions or as investments.

Yes both dollars and bitcoin will exist and will serve the human beings with their own features.
People may argue that bitcoin has all the features of fiat currencies. Then what is the need for fiats. But all the people in this world does not have knowledge on Internet and crypto-currencies.

Yes, as long as all the people have knowledge on Internet and using of online currencies, there would be room for bitcoin and dollars to exist and to serve.
Because unlike dollars, all the common people cannot use bitcoin suddenly. It requires at least one day of studying or guidelines about bitcoin system.

lixer

hero member

Activity: 2688

Merit: 588

Quote from: voztata on December 25, 2015, 04:05:17 AM

Quote from: Amph on December 25, 2015, 03:43:58 AM

again, it does not need tor eplace fiat money to be successful, why people always see all black or white

it can perfectly work in conjuction with it and be vastly adopted

Yes bitcoin does not need to replace fiats to get it's own future. Along with fiats there are big possibilities to become more successful in terms of value and user base, like people use fiats for some purpose and bitcoin for some other purpose like online transactions or as investments.

Yes both dollars and bitcoin will exist and will serve the human beings with their own features.
People may argue that bitcoin has all the features of fiat currencies. Then what is the need for fiats. But all the people in this world does not have knowledge on Internet and crypto-currencies.

voztata

hero member

Activity: 998

Merit: 504

Quote from: Amph on December 25, 2015, 03:43:58 AM

again, it does not need tor eplace fiat money to be successful, why people always see all black or white

it can perfectly work in conjuction with it and be vastly adopted

Yes bitcoin does not need to replace fiats to get it's own future. Along with fiats there are big possibilities to become more successful in terms of value and user base, like people use fiats for some purpose and bitcoin for some other purpose like online transactions or as investments.

helloeverybody

legendary

Activity: 1008

Merit: 1000

★YoBit.Net★ 350+ Coins Exchange & Dice

that would be some star trek stuff right there if btc replaced flat completely but id say its fairly unlikely to happen anytime soon. When the time for the end of flat comes i think it will be a technology far superior to bitcoin.

Amph

legendary

Activity: 3248

Merit: 1070

again, it does not need to replace fiat money to be successful, why people always see all black or white

it can perfectly work in conjuction with it and be vastly adopted

KenR

hero member

Activity: 910

Merit: 1000

「きみはこれ&#

I think its subjective .Some people still prefer using cash at stores than credit or debit cards.Some countries are so below the poverty line that they haven't see a credit card ever.So yeah , it will take time for all these people below the poverty line to have all the basic accesses to internet and stuff.Government will obviously consider all these factors while legalizing bitcoins in a country .Its a matter of time.You never know.

Luqman

sr. member

Activity: 826

Merit: 263

Quote from: Patatas on December 25, 2015, 02:03:55 AM

No it will never happen.As you've mentioned about stores accepting bitcoins that is fine,we can even expect big players like Amazon or Ebay to star accepting bitcoins as an alternate paying method but they won't completely replace the fiat.The government will never allow that for obvious reasons.

But how about in some years in the future when people over the world using bitcoin then paper money will really left by people.

Patatas

legendary

Activity: 1750

Merit: 1115

Providing AI/ChatGpt Services - PM!

No it will never happen.As you've mentioned about stores accepting bitcoins that is fine,we can even expect big players like Amazon or Ebay to star accepting bitcoins as an alternate paying method but they won't completely replace the fiat.The government will never allow that for obvious reasons.

Ryananda

sr. member

Activity: 812

Merit: 250

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?

Topic: Bitcoin replaces the money? Could happen? - page 78. (Read 86047 times)