Do You Think Bitcoin Will Replace Dollar Soon? - page 217.

chaosknight

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Quote from: sempak on May 07, 2016, 07:31:16 AM

I think it's impossible. I believe between bitcoin and the dollar is very different. bitcoin is a digital currency, while the dollar is the real currency. bitcoin has not been able to defeat the power of the US Dollar.

That's true bitcoin is best in digital currency and dollar is best in physical currency and I believe people will prefer to use both according to their needs.

sempak

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I think it's impossible. I believe between bitcoin and the dollar is very different. bitcoin is a digital currency, while the dollar is the real currency. bitcoin has not been able to defeat the power of the US Dollar.

Erzatium

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There is not any possibility that it can replace it and that is because as you can see now that there are still a lot of people dont even know how Bitcoin works so that is bad.
Maybe if you want to talk about replacing that it will be just possible after some 10 years but it will not happen soon.

duts_bg

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Quote from: Huobi-USD on July 29, 2015, 03:13:36 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 completely agree. Not necessarily be just bitcoin. I believe that the bitcoin will perform the same functions as the gold before the dollar appropriating them. I guess in daily activities will impose some of the altcoins.

BitcoinPC

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Quote from: Huobi-USD on July 29, 2015, 03:13:36 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 don't believe on it, it is impossible for me, bitcoin is a online currency, and bitcoin is better for us as it is, bitcoin has no need to replace into Dollar, so many problems are here. so i don't think that it will be happened.

saiha

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Quote from: chaosknight on May 06, 2016, 01:53:43 PM

I don't think that bitcoin can replace dollar in near future, dolllar is widely used and accepted across the globe and it will continue to hold the power in future too.

I agree with you, government and people will still choose to use dollar rather than bitcoins. I think it will be hard for bitcoins to replace dollar
and that is impossible to happen, bitcoin will be just the back up for dollar.

avikz

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Bitcoin will never be able to replace USD or any other fiat currency because all the fiats are backed by a tangible asset, which bitcoin is not. Bitcoin is backed by public trust and nothing else.

Also most of the world population is not tech savy. Firstly they will never understand how bitcoin is being generated from an algorithm. Within 15 years the scenario will not change much and so the fate of bitcoin.

But I am quite sure that bitcoin will become one of the most precious currencies in the world which will bring in huge profit for our retired life.

Jmild1

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Quote from: chaosknight on May 06, 2016, 01:53:43 PM

I don't think that bitcoin can replace dollar in near future, dolllar is widely used and accepted across the globe and it will continue to hold the power in future too.

Well, as technology continue rising and adopting by mass, we can consider that we can have an easy access to the internet, where it was what bitcoin transaction needs. If we have this in internet easy access more people will adopt into it, more like people will somehow be persuade to use bitcoin wallet because of easy and fast transaction, I believe it won't happen in 15years, but I still believe that it will replace dollar within 50years span.

chaosknight

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I don't think that bitcoin can replace dollar in near future, dolllar is widely used and accepted across the globe and it will continue to hold the power in future too.

lionheart78

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possible but not soon, after all, the only permanent in this world is change Cheesy

martha5dool

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Many struggles facing bitcoin, and i dont see outright bans in the future.

pneumatic5

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★Bitvest.io★ Play Plinko or Invest!

Quote from: Huobi-USD on July 29, 2015, 03:13:36 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 don't think it can be posiible

Jasad

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= jasad =

Quote from: jamesl22 on May 06, 2016, 03:38:05 AM

Quote from: ElpadroBitcoin on May 06, 2016, 03:08:52 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.
And the world is also getting more digital and Bitcoin is digital money so that is for both perfect.

Dollar is ruling the world since many years and a new born baby like bitcoin can never replace dollar as dollar is too strong and powerful in compare to bitcoin.

yes bitcoin baby born,but lets see after this baby grow up in 20 or 30 years,this baby will rules this world with digital payment,i'm sure this world going to digital years when bitcoin come for the only digital payment,bitcoin will more powerfull and have strong velue when 2050 come.

jamesl22

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Quote from: ElpadroBitcoin on May 06, 2016, 03:08:52 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.
And the world is also getting more digital and Bitcoin is digital money so that is for both perfect.

Dollar is ruling the world since many years and a new born baby like bitcoin can never replace dollar as dollar is too strong and powerful in compare to bitcoin.

ElpadroBitcoin

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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.
And the world is also getting more digital and Bitcoin is digital money so that is for both perfect.

GamingBro

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Quote from: deuce22 on May 05, 2016, 01:25:08 PM

bitcoin can't replace the dollar until people stop exchanging their bitcoin into dollars

Even if people will stop exchanging, some compare system will be needed for bitcoin anyway. Bitcoin can't really replace dollar anyway and it's true.

mark coins

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Quote from: deuce22 on May 05, 2016, 01:25:08 PM

bitcoin can't replace the dollar until people stop exchanging their bitcoin into dollars

and that day will never come as we all converting our bitcoin to fiat so that we can spend it wherever we want, if the day comes when bitcoin is accepted everywhere then it can replace dollar.

deuce22

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bitcoin can't replace the dollar until people stop exchanging their bitcoin into dollars

deuce22

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Maybe one day it can Replace Dollar

JumperX

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Quote from: n0ne on May 05, 2016, 10:54:52 AM

Quote from: JessicaSe on May 04, 2016, 01:39:35 PM

Quote from: Dr.Osh on May 04, 2016, 01:35:55 PM

Quote from: SquallLeonhart on May 04, 2016, 12:53:59 PM

Quote from: tuvok007 on May 04, 2016, 12:37:14 PM

What a nonsense,it wont "replace" dollar,it will "just" be another big currency like USD,EUR,yen,yuan

Yeah that's correct and why we keep on comparing bitcoin to fiat currencies? let it make its own identity and let it reach to the top and overtake dollar in future.

Well, whatever it is we can look at it later, but most likely will not replace the dollar bitcoin. My guess is the new currency bitcoin, it may take thousands of years for it to happen

And I don't think that bitcoin will survive for thousand years, as I don't think that bitcoin will survive that long and dollar will always rule the world in future too.

Bitcoin survives long, it doesn't need long time like 1000 years and so. In all sorts of growth I believe bitcoin will be an alternate for every currency but won't take the place of dollar.

Bitcoin will be always used as a secondary currency and not the primary one, people will prefer to use fiat in future too as it is more convenient for the majority of the population.

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