honestly think this is not gonna happen, the normal currency's are just too big to take over in my opinion.
Maybe if the normal currency's will get smaller its possible but I do not see this happen at all.
Topic: Bitcoin replaces the money? Could happen? - page 9. (Read 86028 times)
yes its quite possible if government starts acepting bitcoin for their transactions then whole country will accept btc too and when that happens i do not think faint money will have its current rerity because then it will have a strong opponent that is bitcoi was more easy to travel and store
Its impossible that can replace money for bitcoin since bitcoin is always just alternative and i think if bitcoin is accepted bitcoin to use locally instead we are just paying for small fee for every transaction we need to pay for a tax.. we know for some people who are using bitcoin they are looking for freedome to use.. if government involves no gambling will be happen since many are hiding their identity.. 
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 think that its gonna be hard the other currency's are already so long in the game.
yes its quite possible if government starts acepting bitcoin for their transactions then whole country will accept btc too and when that happens i do not think faint money will have its current rerity because then it will have a strong opponent that is bitcoi was more easy to travel and store
Bitcoin cannot replace money because money is supported by governments and so people have more trust in fiat currency than bitcoin. But bitcoin will be the secondary payment method.More over governments takes steps to maintain the stability of fiat price during huge inflation and we cannot explain in bitcoin because it is a decentralised currency
I don't see any possibility for that to happen. At very basic level; we can have only 21 million bitcoins totally. Do you think 7 billion people can be satisfied with 21 millions Bitcoins?
I don't think so.
I don't think so.
It's not possible. Money still need to be exist. For now we can only use bitcoin for making transaction online and not all countries are capable of doing this especially remote areas which doesn't have ways transacting online. Who knows maybe in the future, perhaps it is possible.
How can that be possible? The most basic thing we should think about before thinking if bitcoin can replace dollar or not is that there is a limited amount of bitcoins existing while dollars are way more than that so how come bitcoin can cover all the place that dollar covers with a limited amount?
Possibly yes in the near future but not entirely. Fiat I think would still be the main currency in the coming decade or more though I think other currencies would be accepted, especially bitcoin as some countries are already supporting this right now. But for the question if it can actually replace the current monetary system? I don't think I'd be able to see that in my lifetime
I don't think bitcoin will be able to replace money, from the amount itself, bitcoin won't be able to support half of the world wealth, and then for now the transaction speed still become number one problem why some store doesn't want to use bitcoin, so I don't think bitcoin can replace moneyAs long as bitcoin usage is well balanced although not that same in percentage, we don't have to worry with the supplies. With the lots of usages today of bitcoin including converting it to fiat, using direct payment etc. we can expect that coins are well distributed and not just it was owned by big hoarders or whales.
And with the divisibility of bitcoin into 8 decimal, it really a good factor in terms of disrtribution as people can own even a small amount out of the whole supply that will mined in the future.
Not at all, it is impossible to replace paper money with bitcoins as paper money is the most effective and reliable than any other type of currency. Government will never do it because it is decentralized currency, bitcoin will become more popular in upcoming years and many of the big stores will start accepting bitcoins as alternative payment method but it is impossible to replace fiat with bitcoin.
It's not possible. Money still need to be exist. For now we can only use bitcoin for making transaction online and not all countries are capable of doing this especially remote areas which doesn't have ways transacting online. Who knows maybe in the future, perhaps it is possible.
The bitcoin cant replaced because the bitcoin exist out of dollar you know how can the dollar changed into the bitcoin that measn that everybody needs to use the
bitcoin and that is not going to happen.
bitcoin and that is not going to happen.
Possibly yes in the near future but not entirely. Fiat I think would still be the main currency in the coming decade or more though I think other currencies would be accepted, especially bitcoin as some countries are already supporting this right now. But for the question if it can actually replace the current monetary system? I don't think I'd be able to see that in my lifetime
I don't think bitcoin will be able to replace money, from the amount itself, bitcoin won't be able to support half of the world wealth, and then for now the transaction speed still become number one problem why some store doesn't want to use bitcoin, so I don't think bitcoin can replace money
Possibly yes in the near future but not entirely. Fiat I think would still be the main currency in the coming decade or more though I think other currencies would be accepted, especially bitcoin as some countries are already supporting this right now. But for the question if it can actually replace the current monetary system? I don't think I'd be able to see that in my lifetime
I don't think bitcoin will be able to replace money, from the amount itself, bitcoin won't be able to support half of the world wealth, and then for now the transaction speed still become number one problem why some store doesn't want to use bitcoin, so I don't think bitcoin can replace moneyPossibly yes in the near future but not entirely. Fiat I think would still be the main currency in the coming decade or more though I think other currencies would be accepted, especially bitcoin as some countries are already supporting this right now. But for the question if it can actually replace the current monetary system? I don't think I'd be able to see that in my lifetime
I don't think bitcoin will be able to replace money, from the amount itself, bitcoin won't be able to support half of the world wealth, and then for now the transaction speed still become number one problem why some store doesn't want to use bitcoin, so I don't think bitcoin can replace money
Possibly yes in the near future but not entirely. Fiat I think would still be the main currency in the coming decade or more though I think other currencies would be accepted, especially bitcoin as some countries are already supporting this right now. But for the question if it can actually replace the current monetary system? I don't think I'd be able to see that in my lifetime
I don't think bitcoin will be able to replace money, from the amount itself, bitcoin won't be able to support half of the world wealth, and then for now the transaction speed still become number one problem why some store doesn't want to use bitcoin, so I don't think bitcoin can replace money
Possibly yes in the near future but not entirely. Fiat I think would still be the main currency in the coming decade or more though I think other currencies would be accepted, especially bitcoin as some countries are already supporting this right now. But for the question if it can actually replace the current monetary system? I don't think I'd be able to see that in my lifetime
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?
in my opinion your thinking about to btc to fiat is not much far . because the legalisation of bitcoin now started and in India three banks now going to join with blockchain directly so it may be possible soon to make individually the convert btc to fiat 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?
Bitcoins exist out of money you stupid idiots and that is why he cant replace the money off course becaus bitcoins are money and you never know anythjing about the
bitcoin stupid people over herre wauw...
you're talking the actual thing here,bitcoin is literally money and why money could replace money,it's the same as 1/1 that will result 1bitcoin stupid people over herre wauw...
if it was from my opinion OP was talking about fiat or bank's credit card,but the title really make the whole topic seems wrong
By "the money" in the title of this topic OP probably means fiat or the monetary system of the world that exists right now while bitcoin is just digital in most of the places, so someone should have some sense to get the thing without knowingly changing the meaning of a statement.
Bitcoins exist out of money you stupid idiots and that is why he cant replace the money off course becaus bitcoins are money and you never know anythjing about the
bitcoin stupid people over herre wauw...
you're talking the actual thing here,bitcoin is literally money and why money could replace money,it's the same as 1/1 that will result 1bitcoin stupid people over herre wauw...
if it was from my opinion OP was talking about fiat or bank's credit card,but the title really make the whole topic seems wrong
Bitcoins exist out of money you stupid idiots and that is why he cant replace the money off course becaus bitcoins are money and you never know anythjing about the
bitcoin stupid people over herre wauw...
bitcoin stupid people over herre wauw...
Thousands of people believe in Bitcoin and can argue their position. You call them stupid, but you can not say anything more and to prove. If you do not believe in Bitcoin, then please explain why. I think many will be interested
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