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Topic: Do You Think Bitcoin Will Replace Dollar Soon? - page 12. (Read 417177 times)

member
Activity: 238
Merit: 11
Nope. for me it will take decade or half before bitcoin can replace dollar because not all of the people can have an easy access on bitcoin. The old people cannot go with the flow if the bitcoin is in use for paying bills and other stuff rather than the dollar. And not all country can fastly adopt that kind of system
full member
Activity: 334
Merit: 102
Dollar is the strongest and largest currency of the world, I'm pessimistic that bitcoin can replace the dollar in the near future, if the price of 1 btc = $ 1 billion then it can happen.
I agree with you that the dollar is the strongest currency in this world, so for me bitcoin has no chance to replace dollar soon, and for me bitcoin is we will be very popular in the future but it can not still affect dollar really much and i am confident that the dollar is we will remain forever in this world.
hero member
Activity: 980
Merit: 502
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?
Even though bitcoin has gained an immense amount of popularity and users but still I don’t think that bitcoin will replace dollar soon because firstly, dollar is way more popular than than bitcoin. Dollar has way more users throughout the world than bitcoin has. Then dollar is a stable form of currency whereas bitcoin is not a stable form of currency. Then people trust dollar and dollar is accepted everywhere whereas bitcoin is not trusted by people and is not accepted everywhere.
newbie
Activity: 34
Merit: 0
I think fiat and decentralized currency will coexist for the next two decade. Both Decentralized currency and fiat may be complement each other.     
sr. member
Activity: 462
Merit: 306
I think Bitcoin will not replace the centralized currency. There is no sense in this. He has his place in the system of currencies and payment systems. This will be a good alternative.
newbie
Activity: 168
Merit: 0
I think so, for 15 years time line.? It is long enough to reach the top for bitcoin to achieve replacing dollar soon. If one thing need to replacethen it can be long time to do it in process. The way of processing exchange from dollar to bitcoin cycle instead of bitcoin to dollar will be more likely. If bitcoin change dollar then all establish business needs to adjust.
newbie
Activity: 217
Merit: 0
maybe but I don't think that bitcoin can replace dollar, bitcoin still needs a great support from the community across the globe and if that happens then it can replace dollar in future..
hero member
Activity: 1456
Merit: 501
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I thinks that bitcoin will replace all paper currencies in the future but it is not soon possible, and dollar is also a powerful paper currencies , people with bitcoin are also need help of the dollar when they buy bitcoins ot when they sell bitcoins. The dollar is also a legal currency in all over the world.
When bitcoin faces the dollar, bitcoin will not have any chance of winning, Bitcoin needs dollars to survive but dollars do not need it, dollars are proactive, so bitcoin will not be able to replace dollars now and in the present. The dollar still receives strong support from the US government and acceptance in most countries in the world while bitcoin is still tiring during the process of creating credibility and proving its value to everyone in the world, the difference between bitcoin and dollars is still too big, bitcoin will not have the capacity to come close and beat the dollar.
member
Activity: 392
Merit: 10
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I do not think Bitcoin will replace the dollar soon. If this happens it will take more than 10 years to be able to. Currently the dollar is accepted by all countries, while Bitcoin is accepted by some countries, others are opposed to Bitcoin. Bitcoin is a risky currency. I think Bitcoin will never replace the dollar, Bitcoin is just a partial support for the economy.
full member
Activity: 1708
Merit: 126
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?


As for me, I think that would be too impossible for now. As we all know, the government disagrees with the implication of bitcoin as a currency. Also, most of the members of the society don't have any idea about what bitcoin is. It would be possible but not as early as this. I believe that it may happen someday but it will take a lot of time because there are still lots of things to consider.
copper member
Activity: 364
Merit: 0
This is the purpose of digital currency, to replace the paper money soon. But this is not an easy task because we have to educate all the people around the world what is a digital currency and that needs a lot of time. But sooner or later we will be there, digital currency will replace money.
full member
Activity: 616
Merit: 124
no ofcourse. you can not compare bitcoin with cash. bitcoin is only an investment currency at the moment. but if they can manage to provide faster transaction with 0 fee it can be a good payment method in the future but i dont think it is possible in near future.
full member
Activity: 658
Merit: 101
I do think the same bitcoin is need more to be dveloped and its not easy to change people to use it. I mean we got so many people that dont even known what bitcoin is. And we cant force them to use it and i think its going to be hard to teach them. The second reasons is bitcoin is volatile and it would be crazy if i habe to buy food by using my bitcoin cause i might hold it and nit gonna eat cause im saving it. Third, bitcoin still dangerous and vurnerable by hacker.
full member
Activity: 252
Merit: 100
I think that bitcoin's substitution of dollars is definitely not the case.The dollar is already strong.why will be under the bitcoin?Perhaps USD will produce its own sub-coin in the.
sr. member
Activity: 532
Merit: 327
Lmao this is a thread for 2015. Anyways, Bitcoin never will replace any fiat currency. It just cant, especially strong ones as the US Dollar.
newbie
Activity: 78
Merit: 0
I think that bitcoin will never replace the dollar, because bitcoin does not have any degree, and for this many people value it so much + time for transactions, at high loads bitcoin does not cope with translations
member
Activity: 116
Merit: 10
Bitcoin can be much more popular than now and will be the biggest rival of dollar, but i don't think that will replace a fiat especially dollar.
newbie
Activity: 266
Merit: 0
I dont think that there is a feasible habit that dollar can be replaced soon by bitcoin. This would require a lot of things and will never happen. Dollar is actually depended by all subsidiary countries including mine and thus as the bitcoin. Dollar leisure pursuit are observed by the extra taking place exchanged which makes each and every one event take effect..
jr. member
Activity: 74
Merit: 2
I don't think so.
Bitcoin will not replace dollar, but in my opinion bitcoin will replace gold as soon as possible.
full member
Activity: 322
Merit: 100
In my opinion, bitcoin can’t replace dollar even it become much expensive. The dollar is the most use currency and most acceptable. Even bitcoin is becoming very popular and very expensive in the future it will not happen.
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