Do You Think Bitcoin Will Replace Dollar Soon? - page 183.

Kava

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Quote from: sirohige on October 10, 2016, 10:27:06 PM

it's depending of bitcoin comunity and bitcoin adoption, now at this time, more company and country focus at blockchain, and only few company interesting in bitcoin, so maybe in future we will find new smarter cryptocurrency than bitcoin, at this case "maybe" people will start leaving bitcoin.

Yes, large companies and banks are very much interested in blokcheyn system. They are not much concerned about the fate of Bitcoin. But in general, I believe that Bitcoin will not be able to replace the dollar. He will remain in the place that now. Just the price for it will grow

Mihho

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The government does not like Bitcoin. It hurts the economy of the country and bankers. Therefore, I believe that Bitcoin will not be able to replace the dollar in the near future. Even despite the fact that it is a very convenient system

Sandroxa

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Quote from: BitcoinPanther on October 10, 2016, 03:54:50 PM

Quote from: richardsNY on October 10, 2016, 03:40:09 PM

Quote from: kryptqnick on October 10, 2016, 12:30:43 PM

I don't think Bitcoin is able to replace dollar. At least, not in 15 years or so. American dollar has more than 200 years of history. Of course, our world is changing faster and faster. Maybe, Richard Avenarius was right that people optimise knowledge and method of cognition, so that development fastens. But still, 15 years won't be enough.

Simply never. But the thing is that there is no need for Bitcoin to replace the dollar. Bitcoin is nothing more than a tiny currency/investment tool. It will remain an alternative for its entire existence. Governments are the only entity with the power to replace something that they issue. In short, if there will be something that will replace the dollar, then it will come from the government.

I agree that Bitcoin will never replace the dollar. If Bitcoin replaces dollar, then the world economy will be in the hand of the few people who hold the majority of the coin and government won't allow that to happen. They will rather sacrifice a good invention than harm their economy.

I also think that the bitcoin is never going to take over the Dollar because first of all the Dollar is what most people trade in their Bitcoin for.
It would not make sense for a smaller currency to take over one of the biggest.

milewilda

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Quote from: BitcoinPanther on October 10, 2016, 03:54:50 PM

Quote from: richardsNY on October 10, 2016, 03:40:09 PM

Quote from: kryptqnick on October 10, 2016, 12:30:43 PM

I don't think Bitcoin is able to replace dollar. At least, not in 15 years or so. American dollar has more than 200 years of history. Of course, our world is changing faster and faster. Maybe, Richard Avenarius was right that people optimise knowledge and method of cognition, so that development fastens. But still, 15 years won't be enough.

Simply never. But the thing is that there is no need for Bitcoin to replace the dollar. Bitcoin is nothing more than a tiny currency/investment tool. It will remain an alternative for its entire existence. Governments are the only entity with the power to replace something that they issue. In short, if there will be something that will replace the dollar, then it will come from the government.

I agree that Bitcoin will never replace the dollar. If Bitcoin replaces dollar, then the world economy will be in the hand of the few people who hold the majority of the coin and government won't allow that to happen. They will rather sacrifice a good invention than harm their economy.

Agree with this and i just want to add if bitcoin would replace dollar soon then their would be an economic crisis and as you said government wouldnt allow this thing to happen because they cant able to control bitcoin. They would really sacrifice this invention for sure for the sake of their economy. This kind of speculation is impossible at all.

sirohige

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it's depending of bitcoin comunity and bitcoin adoption, now at this time, more company and country focus at blockchain, and only few company interesting in bitcoin, so maybe in future we will find new smarter cryptocurrency than bitcoin, at this case "maybe" people will start leaving bitcoin.

akosipepot

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I dont think so that dollar will replace with bitcoin in the future.the dollar are very strong in monetary system all over the world.and it govern by the government while bitcoin is strong as virtual currency but the truth is it cannot compete the fiat dollar in many ways.anyway bitcoin is nothing if you cannot exchange it into dollar or another fiat that uses every people in the world.

ukasyah

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Quote from: RoommateAgreement on March 23, 2016, 11:29:12 AM

since i don't think in the far away future we are going to see dollar (or any fiat) as they are now so i don't see why bitcoin should replace them. all those currencies will evolve to better payment systems in time and bitcoin can exist at the same time and be used globally.

I think so. bitcoin doesn't have that much power to replace dollar soon. probably bitcoin will just be in the same place, but I don't know when.

Yuuto

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i think bitcoin will replace dollar NOT SOON but LATER ON. even though bitcoin has enough media presence it will still take time to convince governments to switch into digital currency.

there are so many pros of using bitcoin as a a form of currency( impossible to counterfeit, doesn't need reprinting, privacy) but the question is how will it be marketed to the masses wherein a stubborn percentage of population doesn't want to get on the digital times and how will it be distributed- if i have $1000 on me right now does it mean that i have 1.62 bitcoin if ever bitcoin replaces dollar?

anyways, even if it replaces dollar, it will not completely eradicate paper money. maybe it will form some kind of hybrid money- both paper and digital.or something like that.

junder

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It seems too hard bitcoin will replace dollar
Dollar is currency of a county and it's accept in the world
I don't think bitcoin will replace dollar.

andyste

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i Think is never bitcoin can replace and take over dollar
dollar is accept all the world
bitcoin only accept in online, bitcoin only digital curency, not real curency

BitcoinPanther

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Quote from: richardsNY on October 10, 2016, 03:40:09 PM

Quote from: kryptqnick on October 10, 2016, 12:30:43 PM

I don't think Bitcoin is able to replace dollar. At least, not in 15 years or so. American dollar has more than 200 years of history. Of course, our world is changing faster and faster. Maybe, Richard Avenarius was right that people optimise knowledge and method of cognition, so that development fastens. But still, 15 years won't be enough.

Simply never. But the thing is that there is no need for Bitcoin to replace the dollar. Bitcoin is nothing more than a tiny currency/investment tool. It will remain an alternative for its entire existence. Governments are the only entity with the power to replace something that they issue. In short, if there will be something that will replace the dollar, then it will come from the government.

I agree that Bitcoin will never replace the dollar. If Bitcoin replaces dollar, then the world economy will be in the hand of the few people who hold the majority of the coin and government won't allow that to happen. They will rather sacrifice a good invention than harm their economy.

richardsNY

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Quote from: kryptqnick on October 10, 2016, 12:30:43 PM

I don't think Bitcoin is able to replace dollar. At least, not in 15 years or so. American dollar has more than 200 years of history. Of course, our world is changing faster and faster. Maybe, Richard Avenarius was right that people optimise knowledge and method of cognition, so that development fastens. But still, 15 years won't be enough.

Simply never. But the thing is that there is no need for Bitcoin to replace the dollar. Bitcoin is nothing more than a tiny currency/investment tool. It will remain an alternative for its entire existence. Governments are the only entity with the power to replace something that they issue. In short, if there will be something that will replace the dollar, then it will come from the government.

Financial_Genius

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Cost of normal immune currency assets or gold by central banks. Bitcoin value lies in the fact that it's just a limited amount. Bitcoin is not dependent on any changes in the value of the underlying assets of countries, but it builds on the basic principles of market supply and demand.

There is a global financial management, which limits or increases the amount of available the Bitcoin, unlike conventional currency that can control the central banks. There is less uncertainty associated with this, since Bitcoin can not be used to control inflation or economic growth.
Bitcoin holders have full control over their finances, with encryption and automation, are constantly being improved.

All active online stores, and large companies are moving towards the adoption of Bitcoin payments, and customers enjoy greater transparency and discounts.

In general, while we can not say for sure whether cryptocurrency replace conventional currency will, however, many countries no longer Bitcoin currency-non-grata. Therefore, there are prerequisites.

crairezx20

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Quote from: safari88 on October 10, 2016, 12:21:59 PM

Quote from: Malsetid on October 10, 2016, 12:15:51 PM

Quote from: Kvazimoda on October 10, 2016, 11:45:43 AM

Quote from: buyinbtc on October 10, 2016, 11:42:17 AM

Quote from: Huobi-USD on July 29, 2015, 02:13:36 AM

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 am sure that it will be replaced by bitcoin, but i am sure that it won't happen soon as currency changes like that ( to crypto ) is not going to happen anytime soon

Yeah, it will not happen soon. Very slowly growing its popularity. And slowly the government confidence in Bitcoin

well i'm not really sure if it will entirely replace dollar as people may find it hard to veer away from what they're already accustomed to. but i hinkn bitcoin will eventually be more popular in a couple of years and maybe as widely used as the dollar but i don't think it can replace the dollar

bitcoin will never replace any currency, including dollar. bitcoin will remain a currency alternative.
so I think the bitcoin good to use everyone in the world because it has benefits and convenience in the transaction.

Yeah it will never replace bitcoin will be still alternative. it is good also that every country that has also local stores that can accept bitcoin as payment just like brazil that has already 150 or more stores are accepting bitcoin as payment and i hope someday it can be happen.

kryptqnick

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I don't think Bitcoin is able to replace dollar. At least, not in 15 years or so. American dollar has more than 200 years of history. Of course, our world is changing faster and faster. Maybe, Richard Avenarius was right that people optimise knowledge and method of cognition, so that development fastens. But still, 15 years won't be enough.

safari88

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Quote from: Malsetid on October 10, 2016, 12:15:51 PM

Quote from: Kvazimoda on October 10, 2016, 11:45:43 AM

Quote from: buyinbtc on October 10, 2016, 11:42:17 AM

Quote from: Huobi-USD on July 29, 2015, 02:13:36 AM

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 am sure that it will be replaced by bitcoin, but i am sure that it won't happen soon as currency changes like that ( to crypto ) is not going to happen anytime soon

Yeah, it will not happen soon. Very slowly growing its popularity. And slowly the government confidence in Bitcoin

well i'm not really sure if it will entirely replace dollar as people may find it hard to veer away from what they're already accustomed to. but i hinkn bitcoin will eventually be more popular in a couple of years and maybe as widely used as the dollar but i don't think it can replace the dollar

bitcoin will never replace any currency, including dollar. bitcoin will remain a currency alternative.
so I think the bitcoin good to use everyone in the world because it has benefits and convenience in the transaction.

Malsetid

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Quote from: Kvazimoda on October 10, 2016, 11:45:43 AM

Quote from: buyinbtc on October 10, 2016, 11:42:17 AM

Quote from: Huobi-USD on July 29, 2015, 02:13:36 AM

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 am sure that it will be replaced by bitcoin, but i am sure that it won't happen soon as currency changes like that ( to crypto ) is not going to happen anytime soon

Yeah, it will not happen soon. Very slowly growing its popularity. And slowly the government confidence in Bitcoin

well i'm not really sure if it will entirely replace dollar as people may find it hard to veer away from what they're already accustomed to. but i hinkn bitcoin will eventually be more popular in a couple of years and maybe as widely used as the dollar but i don't think it can replace the dollar

Kvazimoda

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Quote from: buyinbtc on October 10, 2016, 11:42:17 AM

Quote from: Huobi-USD on July 29, 2015, 02:13:36 AM

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 am sure that it will be replaced by bitcoin, but i am sure that it won't happen soon as currency changes like that ( to crypto ) is not going to happen anytime soon

Yeah, it will not happen soon. Very slowly growing its popularity. And slowly the government confidence in Bitcoin

Aamir1

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Quote from: pocarime32 on October 09, 2016, 11:11:49 PM

I don't think so, it will takes a long time for bitcoin to replace the dollar. Dollar is already popular since a long time and to replace it, bitcoin need something new and bitcoin to make more people to use bitcoins.

Bitcoin probably has a lot of new things in compared to dollar or any other currency but it still wont be able to replace dollar so soon as the people have been using it from a long time now and they would probably not accept something new so suddenly.

buyinbtc

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Quote from: Huobi-USD on July 29, 2015, 02:13:36 AM

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 am sure that it will be replaced by bitcoin, but i am sure that it won't happen soon as currency changes like that ( to crypto ) is not going to happen anytime soon

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