Do You Think Bitcoin Will Replace Dollar Soon? - page 231.

trenchflaint

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Quote from: KennyR on March 23, 2016, 02:05:18 AM

Bitcoin replacing the dollar won't happen in the real time. When you differentiate bitcoin and dollar everything differs. When this difference decreases the possibility for bitcoin to replace dollar increases.

It really wont happen as US wont allow their pride to be replace by bitcoin,In the dollar US has pride and dignity as a nation so that wont happen.

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Bitcoin replacing the dollar won't happen in the real time. When you differentiate bitcoin and dollar everything differs. When this difference decreases the possibility for bitcoin to replace dollar increases.

expert4knowledge

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Quote from: jchst on March 22, 2016, 08:08:19 AM

If you say to me that the fiat that he use daily at paper print will be over on the next 15 years i would believe ,as we are mooving into the digital era ,soo over the years the things will be done with internet acess free to all and only typying the passwords to moove money,the same way we do with bitcoin now.

I think I have to agree with most of what you said since internet of things is emerging now and it will take the world soon. For sure one important aspect is financial and payment area. However I think paper money will have a very few share of transactions.

nostal02

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Quote from: Kollor on March 22, 2016, 11:32:59 PM

This is ridiculous I think.. come to think of it, we are basing our bitcoin price to dollar, how come that we now want to conquer what was well established currency..Thinking about bitcoin to conquer dollar is like expecting government to throw their currency and embrace bitcoin...

The government wont really allow that to happen since their currency is a symbol of dignity of a certain country no matter how it may be on exchanger they still hope the pride of that country.

Kollor

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This is ridiculous I think.. come to think of it, we are basing our bitcoin price to dollar, how come that we now want to conquer what was well established currency..Thinking about bitcoin to conquer dollar is like expecting government to throw their currency and embrace bitcoin...

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I dont think it will. It can be recognize and be given a value and it will have its own value.

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i have never thought that bitcoin can "replace" fiat.
i believe in bitcoin future and i like it but i think even if bitcoin gets big and reaches mass adoption, fiat is still going to be relevant, it might not exist as we know it today but it will not be removed by bitcoin.

bitcoinhopper

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Maybe there is chance it will happen in the first place but anytime soon, no it will not be even close to soon.
It would take many years to achieve this and maybe it will even never happen.

HarryKPeters

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No I do not see this happen because the bitcoin has a great future but its still not big enough to do this in my opinion.
The point is also that the dollar is to big right now and too much people are depending on it right now.

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Quote from: jack1111 on March 18, 2016, 04:35:51 AM

No , Bitcoin can't replaced Dollar , but it can be an independent currency , in any case that will takes long time because there are a lot of challenges

The challenges are a lot but its features are also in large and more attractive and are liked by the people and if we look at the interest of people in that currency then I think people themselves will face challenges and solve problems to it.

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Quote from: jchst on March 22, 2016, 08:08:19 AM

If you say to me that the fiat that he use daily at paper print will be over on the next 15 years i would believe ,as we are mooving into the digital era ,soo over the years the things will be done with internet acess free to all and only typying the passwords to moove money,the same way we do with bitcoin now.

many people say that in the future everyone will be connected to the Internet. certainly it is a proof of that. digital era will come. I'm sure with bitcoin will dominate

jchst

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If you say to me that the fiat that he use daily at paper print will be over on the next 15 years i would believe ,as we are mooving into the digital era ,soo over the years the things will be done with internet acess free to all and only typying the passwords to moove money,the same way we do with bitcoin now.

nostal02

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Quote from: jkrules on March 22, 2016, 06:46:11 AM

Quote from: DeDordtenaar on March 22, 2016, 06:37:37 AM

Quote from: eddyubachs on March 20, 2016, 03:46:51 PM

Dollar will always be the first choice of majority of the people, even if bitcoin gets on the mainstream we will still see many people would choose to use dollar and not bitcoins.

nope I think if bitcoin become the mainstream of course many people will use bitcoin. because basically people use something that is still a trend so I think bitcoin will dominate

most important the government of various countries won't allow to lost control of their fiat and most people just want the printed money so they can keep them offline and most people don't know much about bitcoin so i find it will be a hard time before bitcoin rule over dollar any time soon.

The government would really not allow that to happen,if bitcoin replace dollar the government cant fine a tax since bitcoin is decentralized and if they cant implement tax on bitcoin the government will blocked it.

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Quote from: DeDordtenaar on March 22, 2016, 06:37:37 AM

Quote from: eddyubachs on March 20, 2016, 03:46:51 PM

Dollar will always be the first choice of majority of the people, even if bitcoin gets on the mainstream we will still see many people would choose to use dollar and not bitcoins.

nope I think if bitcoin become the mainstream of course many people will use bitcoin. because basically people use something that is still a trend so I think bitcoin will dominate

most important the government of various countries won't allow to lost control of their fiat and most people just want the printed money so they can keep them offline and most people don't know much about bitcoin so i find it will be a hard time before bitcoin rule over dollar any time soon.

DeDordtenaar

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Quote from: eddyubachs on March 20, 2016, 03:46:51 PM

Dollar will always be the first choice of majority of the people, even if bitcoin gets on the mainstream we will still see many people would choose to use dollar and not bitcoins.

nope I think if bitcoin become the mainstream of course many people will use bitcoin. because basically people use something that is still a trend so I think bitcoin will dominate

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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 the Coinbase CEO is a little too optimistic, the U.S. Dollar has been around far longer than bitcoin. It will take a while for bitcoin to catch up with it.

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Quote from: eddyubachs on March 20, 2016, 03:46:51 PM

Dollar will always be the first choice of majority of the people, even if bitcoin gets on the mainstream we will still see many people would choose to use dollar and not bitcoins.

But I think in digital world if bitcoin remain with such that big benefits and features these might lead to the dollar will be replaced sooner at least by the small businesses and individuals who are facing a number of problems now with fiat.

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Quote from: jchst on March 20, 2016, 02:41:18 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.

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Quote from: fkvidar on March 21, 2016, 07:44:37 AM

Quote from: armansolis593 on March 21, 2016, 06:55:10 AM

Quote from: jt byte on March 21, 2016, 06:46:09 AM

There is a chance that this will happen but most likely it will not happen because its just too much on this time, its possible on a longer term but not anytime soon.
The problem is that the bitcoin is now still too small to do this, it needs to get a lot bigger to even be at the point to try it in my opinion.

Overall its possible but most likely it will not happen.

The chances is very slim even if you go to the future, dollar have been the money of US and they wont allow that a crypto currency to place their currency as it will weaken them and their industry.

Yeah the history of dollar is good and we can find that dollar is used and accpeted in majority of the countries, where as bitcoin is not that strong at a moment.

The history of the dollar is only known because we always had a war history with other countries.

Anyways, bitcoin is not strong to other countries, but people are slowly hearing about it. Western union is aware of bitcoin as a competitor I`m pretty sure.

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Quote from: LLec on March 21, 2016, 11:32:51 AM

Really hard that Bitcoin could replace dollar soon.... maybe one day a "big world government" could force people to adopt btc.... actually is only a "dream"

Yeah its dream if goverment will adopt bitcoin. they have their own currency each country would wish to advance their currencies. so it will be difficult for bitcoin to become the currency of a country. I just think bitcoin will become an option for the currency, rather than replacing the main currency in a country

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