Do You Think Bitcoin Will Replace Dollar Soon? - page 219.

fravia

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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 think it will replace it, but not in next 15 years for sure, as changing currency to bitcoin will take lots of time,as people still don't really trust bitcoin

but yes it will to bitcoins as it have huge potential to be world wide currency, at worst it will be main alternative currency in lots of countries

virtualkeybuyer

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No, dollar has its own fixed roots in the market and bitcoin is much younger for that to compete dollar, so i will say that bitcoin will take a lot of time and a lot of development in order to be able to replace dollar.

quintiilieo

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Quote from: shenkeng on April 21, 2016, 07:24:49 AM

not soon but i must admit that i believe it will replace the dollar in a few years

Thats impossible because bitcoin cant be the same as the level of USD in world wide. The USD is always use in forexmarket around the world so this is impossible dude. And this fiat is always use in daily expenses and the bitcoin you cant use it directly in many establishmet so for me we need fiat so that we can convert the bitcoin into real money that we need.

DuckKeeper

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Of course that will never happen why would people buy things with an unsecured hardware coin.
That's not relevant people can't pay there rent with a coin or something that's why Dollars always will be there.

goinmerry

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Quote from: KingdomHearts on May 01, 2016, 05:16:44 AM

On the field on internet I have doubt that it will replace the dollar as I have saw a number of people are loving bitcoin and I have saw that a number of people who are relying on paypal for their earnings and their purchases are now working with bitcoin.

Correct. I got some friends that are now using bitcoins instead of paypal. Hell they even took some of their USD at paypal to invest in bitcoin. I guess I got them hooked even for a little talk and some stories.

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Quote from: bittrojan on May 01, 2016, 11:26:36 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?

If people who have good knowledge about bitcoin like CEO coinbase can said like that with sure,so i will trust it,lets wait until 15 years,and at that year my age turn 40 years old. so i wish spent my old time with use bitcoin,cool right??

I don't trust that it happen even after the years of survival. After 15years the price might be high and bitcoin might get alternate usage but never takes the place of dollar.

bittrojan

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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?

If people who have good knowledge about bitcoin like CEO coinbase can said like that with sure,so i will trust it,lets wait until 15 years,and at that year my age turn 40 years old. so i wish spent my old time with use bitcoin,cool right??

KingdomHearts

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On the field on internet I have doubt that it will replace the dollar as I have saw a number of people are loving bitcoin and I have saw that a number of people who are relying on paypal for their earnings and their purchases are now working with bitcoin.

RoseMann

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Quote from: shenkeng on April 21, 2016, 07:24:49 AM

not soon but i must admit that i believe it will replace the dollar in a few years

That is my thoughts as well. But if the US government issue a non inflationary currency, then it will be used widely.

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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 will believe this,because the one that said this is CEO of Coibase Cheesy

i love coinbase,and i think this is possible,in 15 years bitcoin will replace dollar soon,can't wait for this era come to my country.

DuckKeeper

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Quote from: altcoinhosting on July 29, 2015, 02:17:21 AM

I honestly don't think it'll happen, certainly not in 15 years... In 100 years maybe?

I believe that it will never happen the dollar has just been around for a too long time and the fact that US is involved is not making it easier. The US would not allow to let an Asian currency take over.

shenkeng

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not soon but i must admit that i believe it will replace the dollar in a few years

goinmerry

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Quote from: Icathia on April 18, 2016, 02:37:13 AM

Quote from: torrentheaven on April 17, 2016, 05:26:53 PM

Quote from: Pab on April 17, 2016, 02:44:05 PM

Bitcoin will never replace dollar,Dollar is USA national currency,bitcoin never will be reserve currency of the world.For now bitcoin is even not a currency

Dollar is a national currency of USA for sure but its popularity is not only limited to USA only, if you travel the world you will come to know how popular dollar is and same doesn't goes with bitcoin.

Yes I also dont think so that Bitcoin will replace Dollar, as you can see now you see that the Dollar is many used now around this time by many people so you cant replace it.
There are a lot of people that dont even know how Bitcoin works and what it is, and you see that Bitcoin is getting more used now.

That is why people are doing their best to make it popular. Advertisements and social media helps more for people to see it. They even pay for a share in facebook or twitter. But that doesnt mean they want to replace dollar. Just making it stronger.

Icathia

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Quote from: torrentheaven on April 17, 2016, 05:26:53 PM

Quote from: Pab on April 17, 2016, 02:44:05 PM

Bitcoin will never replace dollar,Dollar is USA national currency,bitcoin never will be reserve currency of the world.For now bitcoin is even not a currency

Dollar is a national currency of USA for sure but its popularity is not only limited to USA only, if you travel the world you will come to know how popular dollar is and same doesn't goes with bitcoin.

Yes I also dont think so that Bitcoin will replace Dollar, as you can see now you see that the Dollar is many used now around this time by many people so you cant replace it.
There are a lot of people that dont even know how Bitcoin works and what it is, and you see that Bitcoin is getting more used now.

alisafidel58

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Replacing the dollar bitcoin will not happen bitcoin is young and it has few users in the whole world while dollar is used by many people and fiat is way stronger that bitcoin.

springgers

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I think it will have its own currency cause there are jobs that requires dollars and that would make dollar very indemand and other countries can wage war with that.

CasioK

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Quote from: Mr. Big on April 15, 2016, 11:33:09 PM

Quote from: richjohn on April 15, 2016, 11:11:12 PM

I already saw a topic similar to this one. Well, bitcoin will not replace dollar because it only acceptable in the internet and not in the reality. If bitcoin will do it paper money or something coins, then that is the time bitcoin will be accepted by everyone.

I disagree with you mate, even without printed paper form, bitcoin is acceptable in some places in groceries, just look for that video of a couple shoot last 2013 who did a shopping at a grocery and they use bitcoin as payment...By that, I could tell that bitcoin would be an alternative money even in real life...

As compared to 2013, now in 2016 bitcoin is more common now and also more people know about it and have adopted bitcoin for their daily life. So, we can say Bitcoin started replacing dollar, the completion will be sooner than expected.

torrentheaven

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Quote from: Pab on April 17, 2016, 02:44:05 PM

Bitcoin will never replace dollar,Dollar is USA national currency,bitcoin never will be reserve currency of the world.For now bitcoin is even not a currency

Dollar is a national currency of USA for sure but its popularity is not only limited to USA only, if you travel the world you will come to know how popular dollar is and same doesn't goes with bitcoin.

Pab

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Bitcoin will never replace dollar,Dollar is USA national currency,bitcoin never will be reserve currency of the world.For now bitcoin is even not a currency

angaper

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Quote from: bones261 on April 15, 2016, 11:25:22 PM

Quote from: richjohn on April 15, 2016, 11:11:12 PM

I already saw a topic similar to this one. Well, bitcoin will not replace dollar because it only acceptable in the internet and not in the reality. If bitcoin will do it paper money or something coins, then that is the time bitcoin will be accepted by everyone.

Bitcoin is already available in paper form. It is called a paper wallet. You can print the QR code on paper.
Furthermore, most fiat these days are only electronic data, not real coins or paper. What do you think you are really exchanging when you use a debit or credit card?. Even a paper check these days is instantly turned into electronic form at a lot of places. Hell, they give the check back to you after they run it through their system.
However, I do not think Bitcoin will replace fiat for one simple reason. I do not see a way that you can create more Bitcoin by loaning it out to others. This is the main way banks create money, they loan it out. https://www.youtube.com/watch?v=JG5c8nhR3LE

You are right my friend. I have been involved in electronic commerce for several years, and my current economy does not involve the use of "physical money". Each of my daily transactions, even the minimum ones, are 100% electronically carried out and that is why I think the lack of "physical existence" of bitcoin should not be an impediment to promote it as a valid and strong currency.

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