Do You Think Bitcoin Will Replace Dollar Soon? - page 234.

MaxTax

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Quote from: DeDordtenaar on March 18, 2016, 02:44:53 AM

Quote from: Digitalbitcoin on March 17, 2016, 05:40:07 PM

It all depends upon acceptance of bitcoin. If world get aware of what is bitcoin? How to use it. Then its not tough to replace USD not only USD but other local currencies will also vanish or replace.

bitcoin is currently not very accepted in the world so it would be impossible for this decade bitcoin replace the dollar.
if bitcoin already popular in the world. I believe bitcoin could replace dollar

It wont it replace it soon. Because many people need it and that is very important for them. I hope of course that Bitcoin will be more used.
But it needs time and that is very important. We need to have patience. And Dollar will also reduce in the future later.

DeDordtenaar

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Quote from: Digitalbitcoin on March 17, 2016, 05:40:07 PM

It all depends upon acceptance of bitcoin. If world get aware of what is bitcoin? How to use it. Then its not tough to replace USD not only USD but other local currencies will also vanish or replace.

bitcoin is currently not very accepted in the world so it would be impossible for this decade bitcoin replace the dollar.
if bitcoin already popular in the world. I believe bitcoin could replace dollar

trenchflaint

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Quote from: chiefraven on March 18, 2016, 01:44:54 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 don't think so, dollars is dollars and bitcoin is bitcoin. Maybe in the future the bitcoin will be boom or will put on top but never replace the dollar.

It will surely replace dollar but in 15 years time,it will take a long while for bitcoin to replace dollar,many people still uses dollar on the daily basis.

chiefraven

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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 don't think so, dollars is dollars and bitcoin is bitcoin. Maybe in the future the bitcoin will be boom or will put on top but never replace the dollar.

nostal02

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Quote from: vero on March 18, 2016, 12:33:00 AM

Quote from: torrentheaven on March 17, 2016, 04:31:37 PM

Quote from: Kingno.1 on March 17, 2016, 12:25:33 PM

Yes I think bitcoin will replace dollar soon. Cheesy

But 15 years is very less time for that because in many countries people are still unware of bitcoins and even basic internet facilities. Maybe it will take 30-40 years to do that.

Its difficult to predict that, as I am not sure whether bitcoin will survive for next 40 years or not, may be we find some better and innovative currency by then.

if in the future people know using bitcoin are safe and easy i'm sure for next 40 year bitcoin still can survive, now bitcoin already get trust by some companies. that's good for bitcoin

Its really good for bitcoin that the companies are accepting the fact that bitcoin is a good payment system for them.
Maybe bitcoin will replace dollar but it will still be a long way.

vero

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Quote from: torrentheaven on March 17, 2016, 04:31:37 PM

Quote from: Kingno.1 on March 17, 2016, 12:25:33 PM

Yes I think bitcoin will replace dollar soon. Cheesy

But 15 years is very less time for that because in many countries people are still unware of bitcoins and even basic internet facilities. Maybe it will take 30-40 years to do that.

Its difficult to predict that, as I am not sure whether bitcoin will survive for next 40 years or not, may be we find some better and innovative currency by then.

if in the future people know using bitcoin are safe and easy i'm sure for next 40 year bitcoin still can survive, now bitcoin already get trust by some companies. that's good for bitcoin

Digitalbitcoin

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It all depends upon acceptance of bitcoin. If world get aware of what is bitcoin? How to use it. Then its not tough to replace USD not only USD but other local currencies will also vanish or replace.

Ulloa

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Well it maybe could happen but it will take a lot of years to reach this point that it maybe can do this, first of all the world should be more digital.
Because elderly people will not so fast change from the dollar if you ask me right ?

CoinsRoyal

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No I do not think this will happen soon and maybe it will never happen because the dollar is very big and a lot of people are depending on it.
Maybe it could happen in a long term but I think its highly unlikely.

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Quote from: Kingno.1 on March 17, 2016, 12:25:33 PM

Yes I think bitcoin will replace dollar soon. Cheesy

But 15 years is very less time for that because in many countries people are still unware of bitcoins and even basic internet facilities. Maybe it will take 30-40 years to do that.

Its difficult to predict that, as I am not sure whether bitcoin will survive for next 40 years or not, may be we find some better and innovative currency by then.

Kingno.1

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Yes I think bitcoin will replace dollar soon. Cheesy

But 15 years is very less time for that because in many countries people are still unware of bitcoins and even basic internet facilities. Maybe it will take 30-40 years to do that.

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Quote from: peta4e on March 16, 2016, 04:01:32 PM

Quote from: tn211 on March 16, 2016, 02:44:31 PM

No I do not see this happen if I'm honest because the dollar is way to big to take over in such a soon time period if you ask me.
It will take years to even concur with the dollar in my opinion.

That's true I don't think that bitcoin can replace dollar ever in future as dollar is more powerful then bitcoin and we have more users of dollar in compare to bitcoins, so I think its impossible.

Bitcoin won't replace dollar in terms of value or the users. Though bitcoin has reached a high growth in a short term it might get used as a currency in future, but replacing will not take place.

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Quote from: tn211 on March 16, 2016, 02:44:31 PM

No I do not see this happen if I'm honest because the dollar is way to big to take over in such a soon time period if you ask me.
It will take years to even concur with the dollar in my opinion.

That's true I don't think that bitcoin can replace dollar ever in future as dollar is more powerful then bitcoin and we have more users of dollar in compare to bitcoins, so I think its impossible.

tn211

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No I do not see this happen if I'm honest because the dollar is way to big to take over in such a soon time period if you ask me.
It will take years to even concur with the dollar in my opinion.

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Quote from: trenchflaint on March 07, 2016, 04:28:52 AM

-snip-
50-100 years as i see it fit,change is inevitable so its either they follow the trend or go up against the trend of bitcoin and create their own digital currency.

Sooner when the time come when everyone is shifted to digital world in terms of their transactions they will shift to bitcoin. I think it will not take such a long time but only a few years are require.

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Quote from: WhatTheGox on March 07, 2016, 04:25:06 AM

Quote from: sirohige on March 07, 2016, 04:19:47 AM

Quote from: trenchflaint on March 07, 2016, 04:00:50 AM

It wont replace dollar soon maybe in the future yes.
Who knows what the future could bring maybe bitcoin is not the mainstream digital currency.

i think the chance will be 1:1.000.000.000 , U.S. dollar is strong currency, backed with gold, I doubt bitcoin can replace dollar in future.

backed with gold? i thought they got rid of gold backing ages ago. Its backed by the us gov and strength of the us army. Every super power has ended in history. I think fiat is done in 50 years.

Yes only US will support dollar, as all the nations do for their respective currency, if bitcoin came into competition with dollar, all the remaining world will favour bitcoin, as there are more benefits and freedom with bitcoin.

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Quote from: sirohige on March 07, 2016, 04:19:47 AM

Quote from: trenchflaint on March 07, 2016, 04:00:50 AM

It wont replace dollar soon maybe in the future yes.
Who knows what the future could bring maybe bitcoin is not the mainstream digital currency.

i think the chance will be 1:1.000.000.000 , U.S. dollar is strong currency, backed with gold, I doubt bitcoin can replace dollar in future.

Dollar is a currency of a separate nation while bitcoin is a currency of everyone so everyone will opt for bitcoin whenever it became more advance and got stability at some extent.

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Dollar is so big and many used. So I dont think that will be possible maybe about 100 years. And that is very long time.
We all can see that the Bitcoin will be more worth later in the future. And that it will also be more used.

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Quote from: sirohige on March 07, 2016, 04:19:47 AM

Quote from: trenchflaint on March 07, 2016, 04:00:50 AM

It wont replace dollar soon maybe in the future yes.
Who knows what the future could bring maybe bitcoin is not the mainstream digital currency.

i think the chance will be 1:1.000.000.000 , U.S. dollar is strong currency, backed with gold, I doubt bitcoin can replace dollar in future.

Nowadays dollar is strong currency because bitcoin has not took its place firmly, whenever bitcoin will establish it will easily replace bitcoin because of a number of features of bitcoin transaction.

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It will not happen that fast. Because many people use also Dollar and that is hard to chance around this time.
But that is maybe possible later in the future if the world is becoming more digital so that will be also good for Bitcoin.

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