Author

Topic: Do You Think Bitcoin Will Replace Dollar Soon? - page 113. (Read 417177 times)

sr. member
Activity: 952
Merit: 250
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
I don't think so bitcoin is an cryptocurrency, bitcoin is just based on the internet without internet bitcoin is nothing unlike the dollar it is a hard money so we can use it every time we want unlike bitcoin need a transaction minute a time to send some money, so it is not possible today to replace bitcoin.
legendary
Activity: 1218
Merit: 1000
Im not sure that bitcoin can  replace dollar soon but i know that bitcoin will rise and increase its value every time, but if the bitcoin replace bitcoin it will be a good news to all bitcoin holders for sure in that time bitcoin is an hundred thousand dollars value, bitcoin can replace the dollar but not 100%
Soon is not the right word, because although it can, it will take dozens, or even hundreds of years. If bitcoin can survive that long, maybe bitcoin will exceed the dollar, or even exceed it. But as you say, but not 100%
newbie
Activity: 56
Merit: 0
Im not sure that bitcoin can  replace dollar soon but i know that bitcoin will rise and increase its value every time, but if the bitcoin replace bitcoin it will be a good news to all bitcoin holders for sure in that time bitcoin is an hundred thousand dollars value, bitcoin can replace the dollar but not 100%
newbie
Activity: 56
Merit: 0
Bitcoin will probably not replace the US dollar anytime soon. The Dollar is a inflationary currency printed by  banks . Every dollar printed is literally debt borrowed from  bankers. Cry Because bitcoin is decentralized, the FED will do anything it can to ensure that the US Dollar is never superseded. Cool They have to keep making their enormous profits. Kiss
newbie
Activity: 56
Merit: 0
Well i think its a no bitcoin doesn't have a power to replace dollar though it is the most valuable in the cryptocurrency but is can't replace the dollar money easily,,,,dollar can buy anything immediately unlike bitcoin it will take a few minutes just to send money,,, meaning bitcoin can't replace dollar.
hero member
Activity: 1274
Merit: 513
Bitcoin will be continuing to grow higher and higher as more Countries are into plans of generating their own digital currency. Hope the digital currency network will make a big change in the entire financial system, but this won't make the path for replacement of dollar. It won't go mainstream, will serve as an alternate for our fiat.

I think one day, in the far future, cryptos will replace fiat comletely, but probably we won't see it during our life time. People are slow to realize what is better for them and they usually stick to what they know for a long time, like fiat for example.
For me i think crypto will not replace fiat because coin the price is not stable you do not know if the coin live long or they die now. Even the price of bitcoin is very high I think it is not the reason to replace dollars. Because the dollars will live more century for sure unlike bitcoin anytime thay have possible they die. So bitcoin replace dollars is very impossible to happen real life.
hero member
Activity: 1274
Merit: 622
Bitcoin will be continuing to grow higher and higher as more Countries are into plans of generating their own digital currency. Hope the digital currency network will make a big change in the entire financial system, but this won't make the path for replacement of dollar. It won't go mainstream, will serve as an alternate for our fiat.

I think one day, in the far future, cryptos will replace fiat comletely, but probably we won't see it during our life time. People are slow to realize what is better for them and they usually stick to what they know for a long time, like fiat for example.
hero member
Activity: 2618
Merit: 548
SecureShift.io | Crypto-Exchange
Bitcoin will be continuing to grow higher and higher as more Countries are into plans of generating their own digital currency. Hope the digital currency network will make a big change in the entire financial system, but this won't make the path for replacement of dollar. It won't go mainstream, will serve as an alternate for our fiat.
sr. member
Activity: 1498
Merit: 374
Leading Crypto Sports Betting & Casino Platform
absolutely not. there is no point in thinking it ever will replace any major fiat currency. just stop thinking/hoping that it will happen. it will not.
Yes it will never be happen. Bitcoin is just under the fiat. It cannot replace what real money can do. It will just help you to have a fiat with your bitcoin because you can convert it. But that is not true that it can replaced dollar.
jr. member
Activity: 137
Merit: 1
My bitcoin will not replace the dollar.

But I think bitcoin can be the world's money.
It takes a long time
sr. member
Activity: 1722
Merit: 252
I think it is very difficult to replace the dollar soon, need confidence and cohesiveness of almost all countries, this is because the Dollar is the world's strongest curreny.
hero member
Activity: 868
Merit: 500
Bitcoin is a new currencie around and even with a huge potencial wont replace anything, we do see some coins being supporting transactions made with fiat, but even knowing crypto coins market value being huge, there is no way to bitcoin replace any currencie, and when we talk dollars we are dreaming with replacing the most trusted and used currencie worldwide, when bitcoin is used by a few people just.
hero member
Activity: 826
Merit: 502
For me it's no, because if the bitcoin change the Dollar, I think bitcoin value were going down because bitcoin is the basis of Bitcoin price in the market. Moreover, billion years bitcoin beat the Dollar in the market because trust of all people were already earn by Dollar.
I think not just dollars, all fiat currencies will not be replaced by bitcoin. Of course the government will not let their currency be replaced with foreign currency

Bitcoin is not a foreign currency but it is an international currency and it is a decentralized currency so no one is the central owner of this currency and in this thread we are talking about dollar because now dollar is used for international deals and it is thought that in the future people will like to use bitcoin as its demand is already very high for international use.
full member
Activity: 688
Merit: 106
Coinbase CEO believes bitcoin will replace dollar within 15 years.

Read the following news:
http://cointelegraph.com/news/114983/coinbase-ceo-bitcoin-will-replace-dollar-within-15-years

Do you think it will be true? Are you positive towards bitcoin's future status?
I don't think it will happen. The volume of USD is massive and also USD can be used both in foreign currency and for daily living regardless if we are online or not. But in bitcoin, it can just be used online so I doubt that all people can use it.
sr. member
Activity: 616
Merit: 251
CryptoTalk.Org - Get Paid for every Post!
For me it's no, because if the bitcoin change the Dollar, I think bitcoin value were going down because bitcoin is the basis of Bitcoin price in the market. Moreover, billion years bitcoin beat the Dollar in the market because trust of all people were already earn by Dollar.
Bitcoin is not going to replace the dollar, I agree though I am pretty sure that the whole Bitcoin project will bring more recognition to how the dollar advances in the payment area. Once there is a system in place that allows people to spend money without waiting for a confirmed transaction then the dollar will get more noticed as a dangerous thing.
legendary
Activity: 1372
Merit: 1008
For me it's no, because if the bitcoin change the Dollar, I think bitcoin value were going down because bitcoin is the basis of Bitcoin price in the market. Moreover, billion years bitcoin beat the Dollar in the market because trust of all people were already earn by Dollar.
I think not just dollars, all fiat currencies will not be replaced by bitcoin. Of course the government will not let their currency be replaced with foreign currency
hero member
Activity: 798
Merit: 500
I dont think so bitcoin is just in the internet,, internet money like.. dollar is hard money that can use every time,,, it is a cash you know not like bitcoin that need a transaction to send some money. and also dollar is more popular than bitcoin many people doesn't know about bitcoin so that it can't replace the dollar.
Yes bitcoin for internet but you have to know that in any place where international business exist internet also exist and like dollar we can also use bitcoin at any place and the transactions of bitcoin is also very convenient like dollar or we will say that bitcoin transactions are more convenient than dollar.
hero member
Activity: 826
Merit: 1000
The government will never allow that since everyone knows about the dollar, while not that much people know about bitcoin and it's also limited and can fluctuate way to quickly, the government wouldn't like their dollar going up or down by hundreds every day, that's way too insecure.
Yes this is what exactly some of our mates are not ready to understand but honestly speaking denying this truth about the dollar will be insane.

Being realistic I understand that the dollar has its own place in the economy which cannot be that easily mitigated by the Bitcoin which have many flaws. The Bitcoin is the new financial system, with a number of flaws which can be neglected by the individuals, but not by the institutions.
newbie
Activity: 56
Merit: 0
I dont think so bitcoin is just in the internet,, internet money like.. dollar is hard money that can use every time,,, it is a cash you know not like bitcoin that need a transaction to send some money. and also dollar is more popular than bitcoin many people doesn't know about bitcoin so that it can't replace the dollar.
hero member
Activity: 1680
Merit: 655
I strongly doubt that this scenario will ever happen. Why? Because cryptocurrency is a currency by no country, meaning it is not regulated by any government. Being a decentralized currency will have a hard time being recognized as an official currency of a country. Also its really not matter of time because it will never really happen.
Jump to: