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Topic: Do You Think Bitcoin Will Replace Dollar Soon? - page 159. (Read 417277 times)

hero member
Activity: 938
Merit: 500
Impossible to happen cause the circumstances is it will change global economic processes. US government won't allow that even other countries.
But if the usage of bitcoin started to accepted in more than 50% of the world financial affairs then no one will have the power to stop the bitcoin to become the number global currency and then it will be able to easily replace dollar.
This wont happen anytime, im sorry to be the one to give the bad news, bitcoin can achieve 99% worlwilde but wont replace dollar from its position, be sure of that, bitcoin has limits, and as soon the mine ends, we will see how it will be handle, till that time bitcoin keeps growing and achieve bigger values. But if we change fees to keep the miners bitcoin should reach 10000 dollars or more, but no more coins and no more halving will occur will be simple demand and supply with a minimum value of bitcoin.
hero member
Activity: 966
Merit: 517
Impossible to happen cause the circumstances is it will change global economic processes. US government won't allow that even other countries.
But if the usage of bitcoin started to accepted in more than 50% of the world financial affairs then no one will have the power to stop the bitcoin to become the number global currency and then it will be able to easily replace dollar.
newbie
Activity: 40
Merit: 0
Impossible to happen cause the circumstances is it will change global economic processes. US government won't allow that even other countries.
member
Activity: 89
Merit: 10
Bitcoin may become an alternative to the dollar and if we are very positive about its development it may even become the dominant currency but it cannot replace the dollar because the U.S. government is never going to adopt it as the official currency for the United States.

Indeed but it cannot take over the dollar, that is just not possible, the dollar is way too powerful and will also be more than ever in the upcoming years.
Agree wit your opinion because bitcoin is not familiar in my country, only a few people who know bitcoin. and in my country bitcoin is not used in daily life. Bitcoin is impossible to replace dollar, but still collecting bitcoin because bitcoin can be exchange to other currency which can be used in daily life.
Even if it will be popular in our country it still has no capacity to replace our own currency, the government has all the power to prevent that from happening.

Indeed this is true, the banks and the government is  way too powerful and will never let this happen without any doubts!
hero member
Activity: 2884
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I am terrible at Fantasy Football!!!
Nah this is not possible, the bitcoin is in fact on a good way but the dollar is still way bigger and the bitcoin also need it so for this time it will not happen, maybe in the far future.
but sometime i think bitcoin can be replace dollar soon because bitcoin adopting is increasing too much faster than dollar around the world a lot of people investing their money in bitcoin and bitcoin is very much useful currency.
At some countries people does store their local currencie into dollars, that is less volatil then their currencie. Bitcoin is used with the main interest of make money with the changes it has, and there isnt any best coin to try get an easy profit without taking several risks. Bitcoin is just another option to those wich does make a lot of transactions online, since its low cost, easy to use and huge potencial to grow over time.

Yup, indeed at first everyone using the dollar as a place to invest or safeguard their money from shifting or a decrease in the price of the currency of the country they came from. But for now most who've known them migrated more and bitcoin started to give a good effect to everyone using bitcoin. The dollar is indeed better, however if seen from all points of view then bitcoin is much better than all the stuff that is in dollars. And you're absolutely right, that growth will be high bitcoin
We do know that some people are not really putting in bitcoin there money, despite of the reality that we know how profitable investing with bitcoin, we are still hesitant to put all our money with bitcoin as the risk still exist and we do not want that one day when bad things happen we lose everything that we temporarily have enjoyed.
It depends on the risk you are willing to take, putting all your money in bitcoin is risky but if the fiat of your country is in free fall then you may take your chances despite the risk, If for example you live in Venezuela taking the risk of investing everything in bitcoin may be way better than to keep your fiat.
sr. member
Activity: 378
Merit: 250
BULL RUN until 2030
Bitcoin may become an alternative to the dollar and if we are very positive about its development it may even become the dominant currency but it cannot replace the dollar because the U.S. government is never going to adopt it as the official currency for the United States.

Indeed but it cannot take over the dollar, that is just not possible, the dollar is way too powerful and will also be more than ever in the upcoming years.
Agree wit your opinion because bitcoin is not familiar in my country, only a few people who know bitcoin. and in my country bitcoin is not used in daily life. Bitcoin is impossible to replace dollar, but still collecting bitcoin because bitcoin can be exchange to other currency which can be used in daily life.
Even if it will be popular in our country it still has no capacity to replace our own currency, the government has all the power to prevent that from happening.
full member
Activity: 190
Merit: 100
Bitcoin may become an alternative to the dollar and if we are very positive about its development it may even become the dominant currency but it cannot replace the dollar because the U.S. government is never going to adopt it as the official currency for the United States.

Indeed but it cannot take over the dollar, that is just not possible, the dollar is way too powerful and will also be more than ever in the upcoming years.
Agree wit your opinion because bitcoin is not familiar in my country, only a few people who know bitcoin. and in my country bitcoin is not used in daily life. Bitcoin is impossible to replace dollar, but still collecting bitcoin because bitcoin can be exchange to other currency which can be used in daily life.
member
Activity: 102
Merit: 10
Bitcoin may become an alternative to the dollar and if we are very positive about its development it may even become the dominant currency but it cannot replace the dollar because the U.S. government is never going to adopt it as the official currency for the United States.

Indeed but it cannot take over the dollar, that is just not possible, the dollar is way too powerful and will also be more than ever in the upcoming years.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
Bitcoin may become an alternative to the dollar and if we are very positive about its development it may even become the dominant currency but it cannot replace the dollar because the U.S. government is never going to adopt it as the official currency for the United States.
sr. member
Activity: 247
Merit: 250
Nah this is not possible, the bitcoin is in fact on a good way but the dollar is still way bigger and the bitcoin also need it so for this time it will not happen, maybe in the far future.
but sometime i think bitcoin can be replace dollar soon because bitcoin adopting is increasing too much faster than dollar around the world a lot of people investing their money in bitcoin and bitcoin is very much useful currency.
At some countries people does store their local currencie into dollars, that is less volatil then their currencie. Bitcoin is used with the main interest of make money with the changes it has, and there isnt any best coin to try get an easy profit without taking several risks. Bitcoin is just another option to those wich does make a lot of transactions online, since its low cost, easy to use and huge potencial to grow over time.

Yup, indeed at first everyone using the dollar as a place to invest or safeguard their money from shifting or a decrease in the price of the currency of the country they came from. But for now most who've known them migrated more and bitcoin started to give a good effect to everyone using bitcoin. The dollar is indeed better, however if seen from all points of view then bitcoin is much better than all the stuff that is in dollars. And you're absolutely right, that growth will be high bitcoin
to i think bitcoin is not going replace bitcoin in near future, as USD is one of the most popular currency of the world and almost all the people of the world are using dollar but it does not change any other currency in to USD.
newbie
Activity: 39
Merit: 0
No, Bitcoin will not replace Dollars. Bitcoin only will be a secondary payment option since most of people in the world even dont know to operate a computer in developing countries.

Bitcoin has already replaced dollar in the deal of world’s most expensive pizaa so there are many bitcoin users who prefer bitcoin over dollar or other fiat currencies but I don’t think bitcoin will vanish the dollar or any other fiat currency. On individual level, bitcoin has already replaced our fiat currencies (at least online).

Nowadays, 1 bitcoin can buy you 100 pizza. So the bitcoin has risen 1 million time.s
hero member
Activity: 1190
Merit: 534
No, Bitcoin will not replace Dollars. Bitcoin only will be a secondary payment option since most of people in the world even dont know to operate a computer in developing countries.

Bitcoin has already replaced dollar in the deal of world’s most expensive pizaa so there are many bitcoin users who prefer bitcoin over dollar or other fiat currencies but I don’t think bitcoin will vanish the dollar or any other fiat currency. On individual level, bitcoin has already replaced our fiat currencies (at least online).
sr. member
Activity: 812
Merit: 251
No, Bitcoin will not replace Dollars. Bitcoin only will be a secondary payment option since most of people in the world even dont know to operate a computer in developing countries.

I agree with you but to some extent; currently bitcoin will continue to walk in the shadows of the US dollar as a secondary option but it will get to a time ( maybe generations after us) that everyone will be knowledgeable in computing and familiar with making online transactions; at that point it might be possible for bitcoins to replace the US dollar or any fiat.
sr. member
Activity: 350
Merit: 250
No, Bitcoin will not replace Dollars. Bitcoin only will be a secondary payment option since most of people in the world even dont know to operate a computer in developing countries.
sr. member
Activity: 658
Merit: 250
No i dont think that bitcoin will be replaced by fiat anyhow .as fiat s value is even much more popular and bitcoin will never ever fullfill the global population .and there s only a limit of only 21 million which in my sense is pretty less in the sense.
You're right. But bitcoins is becoming popular now and who knows bitcoins will replace fiat currency but it will take time for that because in some countries bitcoins are banned so maybe there is no way for bitcoins to replace the fiat of the said country
hero member
Activity: 588
Merit: 500
No i dont think that bitcoin will be replaced by fiat anyhow .as fiat s value is even much more popular and bitcoin will never ever fullfill the global population .and there s only a limit of only 21 million which in my sense is pretty less in the sense.

It may not replace dollar but with the fulfillment of the global population it is possible that bitcoin will be recognized all over the world.

Even those poor countries, as long as there are people who are into internet still they will get a chance to know bitcoin.

And with the limit of bitcoin, that is making it more good because the lesser supply in the market, that will make the value higher.
You definitely see bitcoin as a way of investment, it does not be that way for other people as there are two ways to use bitcoin, we can make it as investment and currency at the same time. I believe every investor learns how to spend also, but with poor countries, they simply cannot enjoy it as a currency since in the area there's not much of a business that accepts bitcoin.
Last time I checked even people from 1st world counties have an issie with establishments not accepting bitcoin as payment. Even in third world countries, you can use bitcoin as payment as long as you're buying from an online store. Regular sellers don't use bitcoins so you have to find online stores that accept bitcoin first. This is not a problem at all since you can convert your bitcoins to paypal funds and almost every online store accepts it.
hero member
Activity: 2856
Merit: 667
No i dont think that bitcoin will be replaced by fiat anyhow .as fiat s value is even much more popular and bitcoin will never ever fullfill the global population .and there s only a limit of only 21 million which in my sense is pretty less in the sense.

It may not replace dollar but with the fulfillment of the global population it is possible that bitcoin will be recognized all over the world.

Even those poor countries, as long as there are people who are into internet still they will get a chance to know bitcoin.

And with the limit of bitcoin, that is making it more good because the lesser supply in the market, that will make the value higher.
You definitely see bitcoin as a way of investment, it does not be that way for other people as there are two ways to use bitcoin, we can make it as investment and currency at the same time. I believe every investor learns how to spend also, but with poor countries, they simply cannot enjoy it as a currency since in the area there's not much of a business that accepts bitcoin.
hero member
Activity: 3038
Merit: 634
No i dont think that bitcoin will be replaced by fiat anyhow .as fiat s value is even much more popular and bitcoin will never ever fullfill the global population .and there s only a limit of only 21 million which in my sense is pretty less in the sense.

It may not replace dollar but with the fulfillment of the global population it is possible that bitcoin will be recognized all over the world.

Even those poor countries, as long as there are people who are into internet still they will get a chance to know bitcoin.

And with the limit of bitcoin, that is making it more good because the lesser supply in the market, that will make the value higher.
hero member
Activity: 3052
Merit: 606
No i dont think that bitcoin will be replaced by fiat anyhow .as fiat s value is even much more popular and bitcoin will never ever fullfill the global population .and there s only a limit of only 21 million which in my sense is pretty less in the sense.
It is possible for the future as long as all of people will consider bitcoin as a digital money. Like your money in the bank it so possible as the time passed by our technology will upgraded so it is possible to pay your things using bitcoin or QR code so I think there are big possibilities of the bitcoin replace the dollar as international money. Smiley
Dollar is a legal currency but bitcoin is not, that reality alone will already tell us that they are not in the same side. Dollar will always be a dominant above other currency based on my opinion, and bitcoin is just another form of payment system online that is not govern by an official and we are just making it to successful like what is happening now.

If the government will make this illegal, the power of bitcoin will decrease along with it's popularity but I totally believe it will not be lose in the circulation.
hero member
Activity: 826
Merit: 501
No i dont think that bitcoin will be replaced by fiat anyhow .as fiat s value is even much more popular and bitcoin will never ever fullfill the global population .and there s only a limit of only 21 million which in my sense is pretty less in the sense.
It is possible for the future as long as all of people will consider bitcoin as a digital money. Like your money in the bank it so possible as the time passed by our technology will upgraded so it is possible to pay your things using bitcoin or QR code so I think there are big possibilities of the bitcoin replace the dollar as international money. Smiley
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