Do You Think Bitcoin Will Replace Dollar Soon? - page 230.

jkrules

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Quote from: Adrayrd on March 24, 2016, 12:59:04 PM

No of course not. You think that it will replace because you see now that more people are going to use Bitcoin, but there are many people that use Dollar.
Especially the older people dont even know what Bitcoin is and what it can do and that is the problem. It is only possible in 10 years.

Bitcoin will hardly ever be able to replace the dollar.

Adrayrd

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No of course not. You think that it will replace because you see now that more people are going to use Bitcoin, but there are many people that use Dollar.
Especially the older people dont even know what Bitcoin is and what it can do and that is the problem. It is only possible in 10 years.

sallymeeh27

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I dont think that bitcoin will actually replace dollar sooner or more. Dollar will remain as so as the other currencies in the whole world. The country needs to have the process of using their money in everyday transaction and besides not all business might want to accept transactions on bitcoin. This will remain strong over bitcoin..

richmcrich

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I think bitcoin has the potential to do so and change the very shape of the economy as we know it, Soon might be too early though... Bitcoin is already growing and gaining more base and overall adoption so it's on the way IMO.

jchst

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Bitcoin is just another currencie,that can be exchanged against any other currencie,with a high value against any.Bitcoin values isnt either 1% i would risk to say such but,about any currencie around the world volume,soo why it should be able to replace?We will advance and fiat printed will be over.

diegz

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Quote from: RoommateAgreement on March 23, 2016, 12:29:12 PM

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.

Yeah this is so real...Most of the currency are here for so many years and still evolving..besides, why would we think of bitcoin conquering dollar if they could just co exist as they both have value...

mrhelpful

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Quote from: Sandroxa on March 23, 2016, 06:27:21 AM

I think not. America wouldn't allow it. It is just to much work and will take a long time.
And it will mess up their system and prices for quiet some time.

Its not of america wouldnt allow it.

Its more of its impossible to reverse and retract all the fiat thats out there and credit back to everyone to move onto another form of fiat.

Prices with our american dollar been dying if you look back after the ww2 era or was it a bit after that I forget.

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Quote from: RoommateAgreement on March 23, 2016, 12:29:12 PM

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.

This seems more real case compared to other predictions. One more thing that many does not consider it is the fact that bitcoin value is measured with one currency such as dollar... and it will not change. Bitcoin and dollar are two different concepts.

italianobitcoin

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Quote from: RoommateAgreement on March 23, 2016, 12:29:12 PM

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.

Indeed the dollar and all other currency's are gonna be more digital so I do not think it will take over the dollar anytime soon.
I must say the bitcoin has some good things with transactions and controllability.

RoommateAgreement

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Bazinga!

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.

randy8777

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Quote from: OrangeII on March 23, 2016, 12:02:12 PM

Quote from: sachung on March 23, 2016, 10:03:28 AM

I don't think so, It's just really improbable to bitcoin to replace dollars at least at the current time and with the current shape of the world.

I agree with you, other than the dollar and bitcoin has a different side. the dollar has been recognized by the community and is always used, even it has been ingrained in humans, while bitcoin, its use is still not completely understood by the public and the price is still less stable, so I guess it still took a very very long time for bitcoin to replace the dollar or even may not be able to

bitcoin will never replace the dollar as it is the main currency of the world. everything is tied to the dollar, bitcoin as well. bitcoin first need to get its own value like gold for example. then we can talk about bitcoin coming close to replacing a low value currency of a certain country. right now definitely not, if ever.

OrangeII

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Quote from: sachung on March 23, 2016, 10:03:28 AM

I don't think so, It's just really improbable to bitcoin to replace dollars at least at the current time and with the current shape of the world.

I agree with you, other than the dollar and bitcoin has a different side. the dollar has been recognized by the community and is always used, even it has been ingrained in humans, while bitcoin, its use is still not completely understood by the public and the price is still less stable, so I guess it still took a very very long time for bitcoin to replace the dollar or even may not be able to

Nimbulan

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Quote from: sachung on March 23, 2016, 10:03:28 AM

I don't think so, It's just really improbable to bitcoin to replace dollars at least at the current time and with the current shape of the world.

actually it it's more than possible for this to happen I in a few decades because people will start understanding that bitcoin has way more benefits than just a regular dollar

Also the situation of banks will be much different what means that more people will go on bitcoins instead of dollars

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Quote from: sachung on March 23, 2016, 10:03:28 AM

I don't think so, It's just really improbable to bitcoin to replace dollars at least at the current time and with the current shape of the world.

If you think more replace dollar is impossible because fiat is fiat and all ignorance about bitcoin they don't accept it because they don't know what is bitcoin.. So don't expect that our fiat money will be replace.

sachung

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I don't think so, It's just really improbable to bitcoin to replace dollars at least at the current time and with the current shape of the world.

simonloff

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I think this is a big overestimation, I think bitcoin has the potential to influence the financial world and become larger than how it's right now, but taking over place of money that everyone knows just is too early for bitcoin IMO.

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Quote from: goinmerry on March 23, 2016, 05:03:47 AM

Quote from: eeaweeaws on March 23, 2016, 04:22:11 AM

Quote from: goinmerry on March 22, 2016, 01:47:50 AM

Quote from: jchst on March 20, 2016, 03:41:18 PM

Bitcoin its just a currency and a payment option doesnt have a country running with their currency,and big companies doesnt work with bitcoin value or price to import and export ,soo bitcoin wont replace nothing,it can be mainstream that will be just a way to spend and pay to another person or companie wont rule the world.

Now there is someone I can agree with. True bitcoin is a currency/commodity and I think it should stay like that. More people will be investing from it if it stay like this. Forcing it to become a fiat will make it fall.

yes I am totally agree with you, bitcoin's position is continuously going up If it will have been happening in the future then I am confident bitcoin will replace dollar soon, the reason people are using fiat for buy and sell something or hold money same bitcoin is also working as dollar so it will happen very soon.

No that is not what I am saying. It cannot replace dollar and if dollar fall they will change it to something new but not bitcoin will replace it. It cannot work as a dollar but it can work as a currency that you can invest at.

As said bitcoin has not reached the state equal to dollar. When it cross few more years bitcoin might grow equal to bitcoin and usage will also be equal to dollar but replacing won't take place.

Eroanwan

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I dont think that it will happen soon. Because you can see that of course more money will use Bitcoin, but many people need also some Dollars.
Especially the older generation need it because they dont even know what Bitcoin is and that is the problem.

Sandroxa

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I think not. America wouldn't allow it. It is just to much work and will take a long time.
And it will mess up their system and prices for quiet some time.

goinmerry

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Quote from: eeaweeaws on March 23, 2016, 04:22:11 AM

Quote from: goinmerry on March 22, 2016, 01:47:50 AM

Quote from: jchst on March 20, 2016, 03:41:18 PM

Bitcoin its just a currency and a payment option doesnt have a country running with their currency,and big companies doesnt work with bitcoin value or price to import and export ,soo bitcoin wont replace nothing,it can be mainstream that will be just a way to spend and pay to another person or companie wont rule the world.

Now there is someone I can agree with. True bitcoin is a currency/commodity and I think it should stay like that. More people will be investing from it if it stay like this. Forcing it to become a fiat will make it fall.

yes I am totally agree with you, bitcoin's position is continuously going up If it will have been happening in the future then I am confident bitcoin will replace dollar soon, the reason people are using fiat for buy and sell something or hold money same bitcoin is also working as dollar so it will happen very soon.

No that is not what I am saying. It cannot replace dollar and if dollar fall they will change it to something new but not bitcoin will replace it. It cannot work as a dollar but it can work as a currency that you can invest at.

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