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Topic: Do You Think Bitcoin Will Replace Dollar Soon? - page 239. (Read 417357 times)

hero member
Activity: 1008
Merit: 510
I don't think bitcoin will ever replace the US dollar.  That doesn't mean that I don't think bitcoin will last, I just think there's a place for both of them.
hero member
Activity: 504
Merit: 500
the future will be all digital and more hi-tech , bitcoin as a digital currency will have a bright future so i think bitcoin will replace dollar or any fiat BUT not soon, i think it will take a very long time for that to happen, maybe one day if robots are all living on this planet Grin
I think fiat will create an innovation makes the digital version of fiat currencies. bitcoin should be careful in the digital world
full member
Activity: 238
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
the future will be all digital and more hi-tech , bitcoin as a digital currency will have a bright future so i think bitcoin will replace dollar or any fiat BUT not soon, i think it will take a very long time for that to happen, maybe one day if robots are all living on this planet Grin

That's not possible dollar will always rule the world even if the value of bitcoin reaches the moon, majority of the population would still go with dollars as they are using it since a longer period of time.
sr. member
Activity: 448
Merit: 250
the future will be all digital and more hi-tech , bitcoin as a digital currency will have a bright future so i think bitcoin will replace dollar or any fiat BUT not soon, i think it will take a very long time for that to happen, maybe one day if robots are all living on this planet Grin
sr. member
Activity: 364
Merit: 250
Nope that cant happen. Maybe after 20 years or something. Many people doesnt even know what Bitcoin is and that is difficult to replace it.
First you must learn them how Bitcoin works and than you can replace it. So maybe later in the future.
sr. member
Activity: 420
Merit: 250
I do not see this happen at all, you have to keep in mind that the bitcoin is now still dependent on the global currency's, I do not see it happen soon maybe in about 5 years its possible.
The bitcoin is a good currency's but has some downsides as a example the bad name it has and also the thing that banks are hating on it.
legendary
Activity: 1288
Merit: 1000
May be in future it can replace dollar, but the chances are very rare, as dollar is more  popular in compare to bitcoins, but anything is possible in this tech advanced world.

It cant! Bitcoin needs to be physically seen. Just think of what is happening now. We are not growing as a full blast community. And why is that. Because people wants something that they can touch. Something they can hold on to.

Yeah, that is correct, people will have more faith in bitcoins if they can touch it, hold it in their physical wallet, but I don't see it would be happening in any time.
You can't touch the money in a credit card. I don't see why we still use it then. Hardware wallets are as close to physical as you can get. Then there are the people worrying about hackers. Credit card accounts get hacked all the time, amirite? You wake up and every month there's "credit card infos leaked" on tv. WAKE UP, PEOPLE.

Yeah, but the reason is people are used to credit cards and they find it more easy and convenient to use it and the other reason is people don't know about bitcoins and how to use it.
Ignorance is not an excuse in this case. I guess the major factor behind credit cards sill being top payment method is that 'old habits die hard'.
Sometimes I wish bitcoin were backed by a company - this way everyone would be familiar with it by now because TV and media would be filled with bitcoin's ads.
full member
Activity: 205
Merit: 100
Yes I think the dollar will be replaced by the bitcoin but it will take some time and the bitcoin needs to get bigger.
Although its gonna be very difficult because the banks are hating the bitcoin because its untraceable and self controllable.

Yes banks will never stand in support of bitcoins, as bitcoin is the toughest competitor they are facing and would be more hard for banks to survive in future if bitcoin gets on the mainstream.
hero member
Activity: 714
Merit: 500
Yes I think the dollar will be replaced by the bitcoin but it will take some time and the bitcoin needs to get bigger.
Although its gonna be very difficult because the banks are hating the bitcoin because its untraceable and self controllable.
full member
Activity: 1246
Merit: 116
I don't think that bitcoin can replace dollar, bitcoin still needs a great support from the community across the globe and if that happens then it can replace dollar in future.
sr. member
Activity: 350
Merit: 250
I think it will take a while for bitcoin the replace the dollar.
It can surely happen, but would take a lot of time, many aren't ready for such a change, bitcoin can't handle the world economy.
legendary
Activity: 1022
Merit: 1000
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After all bitcoins will be mined, and no bitcoins would be lost, there would still be only 21 million. That's not enough for a world economy. Something fundamental would have to change and if there would be more bitcoins, their value would drop. Still no good.

you are right when this happens it will be collapse
but hope it will not come to it
sr. member
Activity: 308
Merit: 292
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After all bitcoins will be mined, and no bitcoins would be lost, there would still be only 21 million. That's not enough for a world economy. Something fundamental would have to change and if there would be more bitcoins, their value would drop. Still no good.
full member
Activity: 896
Merit: 115
May be in future it can replace dollar, but the chances are very rare, as dollar is more  popular in compare to bitcoins, but anything is possible in this tech advanced world.

It cant! Bitcoin needs to be physically seen. Just think of what is happening now. We are not growing as a full blast community. And why is that. Because people wants something that they can touch. Something they can hold on to.

Yeah, that is correct, people will have more faith in bitcoins if they can touch it, hold it in their physical wallet, but I don't see it would be happening in any time.
You can't touch the money in a credit card. I don't see why we still use it then. Hardware wallets are as close to physical as you can get. Then there are the people worrying about hackers. Credit card accounts get hacked all the time, amirite? You wake up and every month there's "credit card infos leaked" on tv. WAKE UP, PEOPLE.

Yeah, but the reason is people are used to credit cards and they find it more easy and convenient to use it and the other reason is people don't know about bitcoins and how to use it.
legendary
Activity: 1624
Merit: 1130
Bitcoin FTW!
May be in future it can replace dollar, but the chances are very rare, as dollar is more  popular in compare to bitcoins, but anything is possible in this tech advanced world.

It cant! Bitcoin needs to be physically seen. Just think of what is happening now. We are not growing as a full blast community. And why is that. Because people wants something that they can touch. Something they can hold on to.

Yeah, that is correct, people will have more faith in bitcoins if they can touch it, hold it in their physical wallet, but I don't see it would be happening in any time.
You can't touch the money in a credit card. I don't see why we still use it then. Hardware wallets are as close to physical as you can get. Then there are the people worrying about hackers. Credit card accounts get hacked all the time, amirite? You wake up and every month there's "credit card infos leaked" on tv. WAKE UP, PEOPLE.
legendary
Activity: 1372
Merit: 1008
Just think about 15 years ago there wasn't even normal internet, we connect through dial-ups for 56k. 15 years is a very long time considering how fast technology changes. Bitcoin is the new form of money so it might not replace but it become a very good alternative to dollar by masses soon.
There is no way to believe bitcoin could replace a giant fiat currency dollar.
But I could agree with your opinion about bitcoin possible to be a good alternative for dollar.

agree for now only matter, bitcoin has become an alternative way to pay for something. so bitcoin just need more well-known to be increased exist. no need to remove or beat fiat, to survive.
bitcoin could be beside fiat
legendary
Activity: 2940
Merit: 1083
May be in future it can replace dollar, but the chances are very rare, as dollar is more  popular in compare to bitcoins, but anything is possible in this tech advanced world.

It cant! Bitcoin needs to be physically seen. Just think of what is happening now. We are not growing as a full blast community. And why is that. Because people wants something that they can touch. Something they can hold on to.
full member
Activity: 182
Merit: 100
May be in future it can replace dollar, but the chances are very rare, as dollar is more  popular in compare to bitcoins, but anything is possible in this tech advanced world.
hero member
Activity: 728
Merit: 500
Just think about 15 years ago there wasn't even normal internet, we connect through dial-ups for 56k. 15 years is a very long time considering how fast technology changes. Bitcoin is the new form of money so it might not replace but it become a very good alternative to dollar by masses soon.
There is no way to believe bitcoin could replace a giant fiat currency dollar.
But I could agree with your opinion about bitcoin possible to be a good alternative for dollar.

bitcoin indeed be an alternative other than the fiat dollar. instances when the Greek bankruptcy cases and they have other alternatives and use bitcoin.

Correct there is no replacing something. Just a better alternative for regular payments.
The moment fiat collapse it will mean the financial markets will collapse.

There needs a replacement only if something doesn't work properly. Now dollar is greatly accepted as well there is no such flaw to replace with some other currency. At any situation dollar can't be replaced.

Yeah, dollar is very powerful currency since the past, and it will continue to be powerful in future too, as it is widely used and widely accepted as compared to bitcoins.

Not to mention they can print it out of thin air which is what we cal the Quantitative Easing. In bitcoin, they need proof-of-work, in USD there's none Smiley
sr. member
Activity: 287
Merit: 250
Just think about 15 years ago there wasn't even normal internet, we connect through dial-ups for 56k. 15 years is a very long time considering how fast technology changes. Bitcoin is the new form of money so it might not replace but it become a very good alternative to dollar by masses soon.
There is no way to believe bitcoin could replace a giant fiat currency dollar.
But I could agree with your opinion about bitcoin possible to be a good alternative for dollar.

bitcoin indeed be an alternative other than the fiat dollar. instances when the Greek bankruptcy cases and they have other alternatives and use bitcoin.

Correct there is no replacing something. Just a better alternative for regular payments.
The moment fiat collapse it will mean the financial markets will collapse.

There needs a replacement only if something doesn't work properly. Now dollar is greatly accepted as well there is no such flaw to replace with some other currency. At any situation dollar can't be replaced.

Yeah, dollar is very powerful currency since the past, and it will continue to be powerful in future too, as it is widely used and widely accepted as compared to bitcoins.
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