Do You Think Bitcoin Will Replace Dollar Soon? - page 142.

X-ray

hero member

Activity: 3038

Merit: 526

Leading Crypto Sports Betting & Casino Platform

Quote from: birareru1988 on March 03, 2017, 01:50:06 PM

Quote from: mornabo on March 02, 2017, 07:20:20 PM

Quote from: dmamigo on March 02, 2017, 02:20:28 PM

Quote from: MONKEYJUNK on March 02, 2017, 01:47:50 PM

Maybe there is chance it will happen in the first place but anytime soon, no it will not be even close to soon.
It would take many years to achieve this and maybe it will even never happen.

I agree with your second option that it might won't never happen, because people believe in USD, and the bonding is more strong. BTC is very good, but replacing USD seems quite tough and nearly impossible.

otherwise it will be very difficult for bitcoin to replace a country's currency. because the government certainly would never do that
bitcoin will only be an option for the world community that's what I see

I also agree with the fact that Bitcoin will never be approved by the government. And the more the government will never allow Bitcoin to replace the dollar. Bitcoin will benefit people on par with the dollar, but the government does not take

I see the regulation and bitcoin is not have a requirement to be the legal payment in every country. until the government is trying to release a new regulation about the cryptocurrencies in our community.

But it will need a lot of the research about that. and it seems like still long to go.

micher143

hero member

Activity: 798

Merit: 500

For me no. Because the bitcoin is a digital money so means need a cellphone to access and need an internet to open and transact but basically the world is have a poor people who doesn't have an cellphone, wifi or internet. So it means that if they are going to buy stuffs they need a money a paper money to do that so I think bitcoin can't replace the fiat money because it is not convenient with everyone only people have phone and internet can have that because of the term digital so for over all. for me nope.

markyminer

hero member

Activity: 532

Merit: 500

Quote from: whizter on March 02, 2017, 06:37:23 PM

Quote from: Vikingr on March 02, 2017, 02:37:08 PM

Quote from: dmamigo on March 02, 2017, 02:20:28 PM

Quote from: MONKEYJUNK on March 02, 2017, 01:47:50 PM

Maybe there is chance it will happen in the first place but anytime soon, no it will not be even close to soon.
It would take many years to achieve this and maybe it will even never happen.

I agree with your second option that it might won't never happen, because people believe in USD, and the bonding is more strong. BTC is very good, but replacing USD seems quite tough and nearly impossible.

For bitcoin replacing USD is not a tough task because the power of bitcoin is much higher than USD but it is actually the initial stage of bitcoin that is why not in more places where USD is. The other point is that USD is supported by only one nation while bitcoin is supported by the people from all over the world who know it.

but i do not think that it is such an easy job as USD is one of the most stable fiat currency and not only USA but so many other countries are also depending on USD for their economy and that is the reason that we can say that replacing USD by bitcoin is not such a easy job. it can only be possible that all the users of USD reject the use of USD and start using bitcoin.

i also do not think so that bitcoin will replace USD as soon. actually USD is the strongest currency of the world and the world is depending on USD for their economy. i think the use of USD will still continue as the number one currency of the world and may be after decades it wil lbecome difficult to replace USD bit the governments.

delliaerd

hero member

Activity: 672

Merit: 500

Quote from: prass tyo on March 02, 2017, 11:44:14 AM

Quote from: BitProdigy on July 29, 2015, 02:19:33 AM

I don't think "soon" but I do think after 15 years or so it is a definite possibility. "soon" i guess is a relative term.

in a long time also, I suppose, bitcoin will not replace the dollar, because it can not own bitcoin but he always side by side with complementary term dollar

I am not in your side dude, When we see from aspect features, easy-to-use, profitable, Bitcoin has provision to be juxtaposed with the dollar in future, i am not also predict that it will happen soon, but for long length bitcoin need more popularity in whole of society to compete dollars as well.

birareru1988

sr. member

Activity: 275

Merit: 250

Quote from: mornabo on March 02, 2017, 07:20:20 PM

Quote from: dmamigo on March 02, 2017, 02:20:28 PM

Quote from: MONKEYJUNK on March 02, 2017, 01:47:50 PM

Maybe there is chance it will happen in the first place but anytime soon, no it will not be even close to soon.
It would take many years to achieve this and maybe it will even never happen.

I agree with your second option that it might won't never happen, because people believe in USD, and the bonding is more strong. BTC is very good, but replacing USD seems quite tough and nearly impossible.

otherwise it will be very difficult for bitcoin to replace a country's currency. because the government certainly would never do that
bitcoin will only be an option for the world community that's what I see

I also agree with the fact that Bitcoin will never be approved by the government. And the more the government will never allow Bitcoin to replace the dollar. Bitcoin will benefit people on par with the dollar, but the government does not take

MMA

legendary

Activity: 1134

Merit: 1000

Quote from: angaper on March 02, 2017, 07:03:48 PM

Quote from: whizter on March 02, 2017, 06:37:23 PM

Quote from: Vikingr on March 02, 2017, 02:37:08 PM

Quote from: dmamigo on March 02, 2017, 02:20:28 PM

Quote from: MONKEYJUNK on March 02, 2017, 01:47:50 PM

Maybe there is chance it will happen in the first place but anytime soon, no it will not be even close to soon.
It would take many years to achieve this and maybe it will even never happen.

I agree with your second option that it might won't never happen, because people believe in USD, and the bonding is more strong. BTC is very good, but replacing USD seems quite tough and nearly impossible.

For bitcoin replacing USD is not a tough task because the power of bitcoin is much higher than USD but it is actually the initial stage of bitcoin that is why not in more places where USD is. The other point is that USD is supported by only one nation while bitcoin is supported by the people from all over the world who know it.

but i do not think that it is such an easy job as USD is one of the most stable fiat currency and not only USA but so many other countries are also depending on USD for their economy and that is the reason that we can say that replacing USD by bitcoin is not such a easy job. it can only be possible that all the users of USD reject the use of USD and start using bitcoin.

But the real problem is not the current performance of the USD compared to other fiat currencies, the problem is in the entire financial system behind all fiat money that make the USD and all currencies simply paper without intrinsic value that can eventually crash and lead us to lose our assets, in that case I have no doubt that bitcoin could be a better option to store our value though I don't think it can displace the USD soon.

how can you say that such a strong system of fiat can be crash so easily. i think bitcoin is one of the most stable currency of the world and it will continue for a long log time. may be up to the time when all the people of the world stop using fiat and start using bitcoin. then we can say that bitcoin will replace fiat.

gabmen

hero member

Activity: 1246

Merit: 529

CryptoTalk.Org - Get Paid for every Post!

Quote from: asriloni on March 03, 2017, 06:30:32 AM

Quote from: dmamigo on March 02, 2017, 02:20:28 PM

Quote from: MONKEYJUNK on March 02, 2017, 01:47:50 PM

Maybe there is chance it will happen in the first place but anytime soon, no it will not be even close to soon.
It would take many years to achieve this and maybe it will even never happen.

I agree with your second option that it might won't never happen, because people believe in USD, and the bonding is more strong. BTC is very good, but replacing USD seems quite tough and nearly impossible.

The people are using dollar to fill his daily life and bitcoin will never replace the dollar if the bitcoin can't fell the role of the dollar right now. and I think it will never be happening in the future. crypto is good alternative currency.

Bitcpin may become a nationwide or even a worldwide currency but it really doesn't have to replace the dollar or any other currency at all. The features of both are different from each other and i think we don't really have to choose one to replace the other because these two can work alongside for better benefits

asriloni

legendary

Activity: 3038

Merit: 1024

Leading Crypto Sports Betting & Casino Platform

Quote from: dmamigo on March 02, 2017, 02:20:28 PM

Quote from: MONKEYJUNK on March 02, 2017, 01:47:50 PM

Maybe there is chance it will happen in the first place but anytime soon, no it will not be even close to soon.
It would take many years to achieve this and maybe it will even never happen.

I agree with your second option that it might won't never happen, because people believe in USD, and the bonding is more strong. BTC is very good, but replacing USD seems quite tough and nearly impossible.

The people are using dollar to fill his daily life and bitcoin will never replace the dollar if the bitcoin can't fell the role of the dollar right now. and I think it will never be happening in the future. crypto is good alternative currency.

kotwica666

legendary

Activity: 2282

Merit: 1035

Quote from: Silberman on March 02, 2017, 07:39:06 PM

Quote from: Natalim on March 01, 2017, 02:08:20 AM

Quote from: diegz on March 01, 2017, 12:57:05 AM

Quote from: kazary on March 01, 2017, 12:22:36 AM

It will not happen soon but there is of course a chance that it will be possible because you also see that Bitcoin is getting more used and more acceptable so that is nice

I think that's not a criteria on why bitcoin would replace dollar.

Governments don't want something that is uncontrollable. It's either they kill it or acquire it. Same as in bitcoin, It will only replace dollar if it is under the control of the government, probably a centralized one.

Honestly, we need to be realistic so we will know the real answer. Bitcoin in any way cannot replace Dollar because that currency is too powerful and I even doubt if we can replace a weak currency. The thing is, we do not belong to their level since we are decentralized while every countries currency has their own government to protect and to improve theirs.

Bitcoin is already more powerful than most of the currencies of the world but the best thing is that bitcoin does not need to replace them, bitcoin just needs to become a viable alternative to the fiat system currently in place.

Yesterday Bitcoin has become more expensive than an ounce of gold .. Can money eliminated the gold, or gold eliminated money? No! This same with Bitcoin. BTC will be exist along with FIAT as on market exist bars, restaurants, fast foods, catering...
For each will be always piece of a cake!

Silberman

legendary

Activity: 2534

Merit: 1338

Quote from: Natalim on March 01, 2017, 02:08:20 AM

Quote from: diegz on March 01, 2017, 12:57:05 AM

Quote from: kazary on March 01, 2017, 12:22:36 AM

It will not happen soon but there is of course a chance that it will be possible because you also see that Bitcoin is getting more used and more acceptable so that is nice

I think that's not a criteria on why bitcoin would replace dollar.

Governments don't want something that is uncontrollable. It's either they kill it or acquire it. Same as in bitcoin, It will only replace dollar if it is under the control of the government, probably a centralized one.

Honestly, we need to be realistic so we will know the real answer. Bitcoin in any way cannot replace Dollar because that currency is too powerful and I even doubt if we can replace a weak currency. The thing is, we do not belong to their level since we are decentralized while every countries currency has their own government to protect and to improve theirs.

Bitcoin is already more powerful than most of the currencies of the world but the best thing is that bitcoin does not need to replace them, bitcoin just needs to become a viable alternative to the fiat system currently in place.

mornabo

hero member

Activity: 1148

Merit: 504

Quote from: dmamigo on March 02, 2017, 02:20:28 PM

Quote from: MONKEYJUNK on March 02, 2017, 01:47:50 PM

Maybe there is chance it will happen in the first place but anytime soon, no it will not be even close to soon.
It would take many years to achieve this and maybe it will even never happen.

I agree with your second option that it might won't never happen, because people believe in USD, and the bonding is more strong. BTC is very good, but replacing USD seems quite tough and nearly impossible.

otherwise it will be very difficult for bitcoin to replace a country's currency. because the government certainly would never do that
bitcoin will only be an option for the world community that's what I see

angaper

hero member

Activity: 966

Merit: 507

Quote from: whizter on March 02, 2017, 06:37:23 PM

Quote from: Vikingr on March 02, 2017, 02:37:08 PM

Quote from: dmamigo on March 02, 2017, 02:20:28 PM

Quote from: MONKEYJUNK on March 02, 2017, 01:47:50 PM

Maybe there is chance it will happen in the first place but anytime soon, no it will not be even close to soon.
It would take many years to achieve this and maybe it will even never happen.

I agree with your second option that it might won't never happen, because people believe in USD, and the bonding is more strong. BTC is very good, but replacing USD seems quite tough and nearly impossible.

For bitcoin replacing USD is not a tough task because the power of bitcoin is much higher than USD but it is actually the initial stage of bitcoin that is why not in more places where USD is. The other point is that USD is supported by only one nation while bitcoin is supported by the people from all over the world who know it.

but i do not think that it is such an easy job as USD is one of the most stable fiat currency and not only USA but so many other countries are also depending on USD for their economy and that is the reason that we can say that replacing USD by bitcoin is not such a easy job. it can only be possible that all the users of USD reject the use of USD and start using bitcoin.

But the real problem is not the current performance of the USD compared to other fiat currencies, the problem is in the entire financial system behind all fiat money that make the USD and all currencies simply paper without intrinsic value that can eventually crash and lead us to lose our assets, in that case I have no doubt that bitcoin could be a better option to store our value though I don't think it can displace the USD soon.

whizter

hero member

Activity: 588

Merit: 500

Quote from: Vikingr on March 02, 2017, 02:37:08 PM

Quote from: dmamigo on March 02, 2017, 02:20:28 PM

Quote from: MONKEYJUNK on March 02, 2017, 01:47:50 PM

Maybe there is chance it will happen in the first place but anytime soon, no it will not be even close to soon.
It would take many years to achieve this and maybe it will even never happen.

I agree with your second option that it might won't never happen, because people believe in USD, and the bonding is more strong. BTC is very good, but replacing USD seems quite tough and nearly impossible.

For bitcoin replacing USD is not a tough task because the power of bitcoin is much higher than USD but it is actually the initial stage of bitcoin that is why not in more places where USD is. The other point is that USD is supported by only one nation while bitcoin is supported by the people from all over the world who know it.

but i do not think that it is such an easy job as USD is one of the most stable fiat currency and not only USA but so many other countries are also depending on USD for their economy and that is the reason that we can say that replacing USD by bitcoin is not such a easy job. it can only be possible that all the users of USD reject the use of USD and start using bitcoin.

Vikingr

hero member

Activity: 798

Merit: 500

Quote from: dmamigo on March 02, 2017, 02:20:28 PM

Quote from: MONKEYJUNK on March 02, 2017, 01:47:50 PM

Maybe there is chance it will happen in the first place but anytime soon, no it will not be even close to soon.
It would take many years to achieve this and maybe it will even never happen.

I agree with your second option that it might won't never happen, because people believe in USD, and the bonding is more strong. BTC is very good, but replacing USD seems quite tough and nearly impossible.

For bitcoin replacing USD is not a tough task because the power of bitcoin is much higher than USD but it is actually the initial stage of bitcoin that is why not in more places where USD is. The other point is that USD is supported by only one nation while bitcoin is supported by the people from all over the world who know it.

richardsNY

legendary

Activity: 1232

Merit: 1091

Quote from: dmamigo on March 02, 2017, 02:20:28 PM

Quote from: MONKEYJUNK on March 02, 2017, 01:47:50 PM

Maybe there is chance it will happen in the first place but anytime soon, no it will not be even close to soon.
It would take many years to achieve this and maybe it will even never happen.

I agree with your second option that it might won't never happen, because people believe in USD, and the bonding is more strong. BTC is very good, but replacing USD seems quite tough and nearly impossible.

Fiat currencies can only be replaced by their respective governments. Bitcoin can't do anything without their support in that regard. But I honestly don't even want Bitcoin to replace whatever fiat currency. I like how Bitcoin as alternative solution is doing nearly everything perfectly fine already. Nearly perfect because it's no secret that the scaling aspect is what keeps certain people (me included) looking with great joy at the current increase, but at the same time we know something needs to be done to increase the block size.

dmamigo

sr. member

Activity: 1232

Merit: 250

Quote from: MONKEYJUNK on March 02, 2017, 01:47:50 PM

Maybe there is chance it will happen in the first place but anytime soon, no it will not be even close to soon.
It would take many years to achieve this and maybe it will even never happen.

I agree with your second option that it might won't never happen, because people believe in USD, and the bonding is more strong. BTC is very good, but replacing USD seems quite tough and nearly impossible.

greatr

sr. member

Activity: 447

Merit: 250

Quote from: sergeyzol on March 01, 2017, 03:14:16 AM

Quote from: Natalim on March 01, 2017, 02:08:20 AM

Quote from: diegz on March 01, 2017, 12:57:05 AM

Quote from: kazary on March 01, 2017, 12:22:36 AM

It will not happen soon but there is of course a chance that it will be possible because you also see that Bitcoin is getting more used and more acceptable so that is nice

I think that's not a criteria on why bitcoin would replace dollar.

Governments don't want something that is uncontrollable. It's either they kill it or acquire it. Same as in bitcoin, It will only replace dollar if it is under the control of the government, probably a centralized one.

Honestly, we need to be realistic so we will know the real answer. Bitcoin in any way cannot replace Dollar because that currency is too powerful and I even doubt if we can replace a weak currency. The thing is, we do not belong to their level since we are decentralized while every countries currency has their own government to protect and to improve theirs.

I agree with you, the Government of each country will defend its national currency. Bitcoin is good for people, but not for praviteltstva. That is why he will never be able to replace the dollar

well not for a fact, some of the countries already don't have their own currencies that is only theirs, like in european union a lot of countries use the same currency euro. I think though bitcoin is not going to be a national currency of countries for quite a long time still it is going to be possible in a few decades. Also in order to replace dollar bitcoin first needs to become way stronger and worth more than right now.

MONKEYJUNK

sr. member

Activity: 434

Merit: 250

Maybe there is chance it will happen in the first place but anytime soon, no it will not be even close to soon.
It would take many years to achieve this and maybe it will even never happen.

roadbits

legendary

Activity: 1092

Merit: 1000

Quote from: prass tyo on March 02, 2017, 11:44:14 AM

Quote from: BitProdigy on July 29, 2015, 02:19:33 AM

I don't think "soon" but I do think after 15 years or so it is a definite possibility. "soon" i guess is a relative term.

in a long time also, I suppose, bitcoin will not replace the dollar, because it can not own bitcoin but he always side by side with complementary term dollar

I have one doubt. The dollar becomes universal currency, and in all country, this currency will be acceptable. And the Bitcoin price is also we will see the value of Dollar. If the Dollar not there then how can we give value to Bitcoin? Until and unless if the Bitcoin become physical currency till there Dollar doesn't have any problem.

prass tyo

sr. member

Activity: 338

Merit: 250

Quote from: BitProdigy on July 29, 2015, 02:19:33 AM

I don't think "soon" but I do think after 15 years or so it is a definite possibility. "soon" i guess is a relative term.

in a long time also, I suppose, bitcoin will not replace the dollar, because it can not own bitcoin but he always side by side with complementary term dollar

Topic: Do You Think Bitcoin Will Replace Dollar Soon? - page 142. (Read 417277 times)