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Topic: Do You Think Bitcoin Will Replace Dollar Soon? - page 245. (Read 417177 times)

legendary
Activity: 2100
Merit: 1058
I don't think bitcoin will replace the dollar to many people use it compared to bitcoin when we reach a equilibrium of people using both it maybe possible.
If we reach an equilibrium, I don't think bitcoins would be able to replace dollars as still it would be people using fiat and crypto currency equally but fiat would always exist. It's not possible to get a virtual currency to be used by all people in this world.
sr. member
Activity: 280
Merit: 250
I do not see this happen at all.
Maybe its possible but I don't think it will happen very soon.
I think it will take 10 years for sure if the bitcoin will survive.
sr. member
Activity: 476
Merit: 250
I think it will but not so soon it will take some time.

Its the future currency so why should win from the dollar.

I think the bitcoin  will get bigger and is getting bigger everyday.
legendary
Activity: 2282
Merit: 1035
In theory, the replacement of the dollar by Bitcoin is possible. In practice this does not happen never. The dollar will remain forever even as a numismatic coin, such as ancient coins. Before we all die for sure dollar still will be dominant coin.
Bitcoin will continue to exist in our lives such as in catering, there are bars, restaurants, fast foods and frozen foods in stores. Everyone will be able to choose what he prefer or what is more comfortable for him cryptocurrency, fiat, maybe gold or diamonds.
newbie
Activity: 4
Merit: 0
I think bitcoin will not replace dollar.
However, fiat currency still required by state to build the economy of the state itself,
fiat currency is fully managed by the government,
with the value determined by the quality of the economy of a country..

But about bitcoin, we know that is fully managed by the 'system',
and the price is very volatile, certainly too risky if a country uses bitcoin as state assets and transactions daily in a country.
moreover, until now there is no legal entity that protects the legality of bitcoin..
But that's just my opinion  Grin Grin
sr. member
Activity: 462
Merit: 250
i think that it is impossible but you never know, after a few decades it will be possible

Yup as you said bitcoin have a chance to replace fiat place. but it will take time dude. reason is Its not get adapted by any government yet. but many business people adapting bitcoin day by day. On the way to replace fiat. be careful fiat cash;)

I guess that's not going to happen so soon. Because many people do not even know what Bitcoins. How can it try to replace the dollar.
Many older people also do not know how it works.
sr. member
Activity: 434
Merit: 250
i think that it is impossible but you never know, after a few decades it will be possible

Yup as you said bitcoin have a chance to replace fiat place. but it will take time dude. reason is Its not get adapted by any government yet. but many business people adapting bitcoin day by day. On the way to replace fiat. be careful fiat cash;)
hero member
Activity: 798
Merit: 500
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i think that it is impossible but you never know, after a few decades it will be possible

For now, yes, its highly impossible that it would replace dollar, but maybe, just maybe, if one leader would adopt bitcoin, then it could give bitcoin a chance,  Smiley
member
Activity: 98
Merit: 10
Bitcoin because of it's finite supply and ability to increase it's own value within it's own technological advances. Many thousands of jobs and businesses will be made directly and indirectly based on Bitcoin technology over the next several years worldwide.


The best answer for me.
legendary
Activity: 1008
Merit: 1010
CryptoTalk.Org - Get Paid for every Post!
i think that it is impossible but you never know, after a few decades it will be possible
sr. member
Activity: 504
Merit: 251
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I don't think bitcoin will replace the dollar to many people use it compared to bitcoin when we reach a equilibrium of people using both it maybe possible.
member
Activity: 67
Merit: 10
I don't think that will happen, at least not at this time. That's an exaggeration of Bitcoin fans, Dollar is a currency used worldwide on transaction in the real world, I don't BTC can replace that.
sr. member
Activity: 476
Merit: 250
No, neither in this life, neither in the other life.  Grin
Yeah I just never think that Bitcoin can overtake fiat. People just love fiat too much.
The governments would also never allow their currency to be overtaken by another currency.

I certainly do not think that will happen. Many people do not even know Bitcoin. So has been difficult to explain it to their out.
Dollar is very large and because it is important for the economy and the country. If it happens, I'm already dead.

Indeed, I think that can not easily happen. The dollar is in fact quite large and millions of people use it.

So it's a difficult change for it to change. But you never know what might happen later.

But I guess it does not happen so soon.
sr. member
Activity: 448
Merit: 250
No, neither in this life, neither in the other life.  Grin
Yeah I just never think that Bitcoin can overtake fiat. People just love fiat too much.
The governments would also never allow their currency to be overtaken by another currency.

I certainly do not think that will happen. Many people do not even know Bitcoin. So has been difficult to explain it to their out.
Dollar is very large and because it is important for the economy and the country. If it happens, I'm already dead.
full member
Activity: 210
Merit: 100
Nah I don't see it happen, the dollar is also raising against the euro.
I think it will but not so soon as expected, we will see it in the future.

Yes dollar will face a good competition from bitcoin in future, but I don't see that bitcoin is replacing dollar soon, as dollar is the most popular currency across the globe, people would definitely choose dollar over bitcoins.
hero member
Activity: 546
Merit: 500
Nah I don't see it happen, the dollar is also raising against the euro.
I think it will but not so soon as expected, we will see it in the future.
hero member
Activity: 784
Merit: 500
maybe but the procentage only 10%
dollar is very strong and more people use it,,,
hero member
Activity: 532
Merit: 500
No. I think that in future every country will create its own digital currency.
Lol today all country have their own currency bro. and for anytime, bitcoin will never replace a country's currency,
the state will continue to maintain, their currencies, its certainly
legendary
Activity: 1400
Merit: 1001
No. I think that in future every country will create its own digital currency.
yes, you're right, because bitcoin can only be used on the internet, and maximum performance can only be done on the internet
You realize that majority of FIAT money in existence is not actually printed money and have physical form, but are only numbers on the bank servers and digital asset?
Also credit/debit cards transactions and probably 99% payment systems, (which are not cryptocurrencies) couldn't work without internet anymore?
We are entering the age where everything will be done in cyberspace.
hero member
Activity: 658
Merit: 500
No, neither in this life, neither in the other life.  Grin
Yeah I just never think that Bitcoin can overtake fiat. People just love fiat too much.
bitcoin will gradually take over the position of fiat money, it will be impossible to take over directly
Initially I love fiat, now I love bitcoin
You can think whatever you want. Bitcoin will not overtake fiat. It is just impossible.
I think nothing is impossible. I think of all the reasons bitcoin better than fiat, already widely described in this thread, many differences bitcoin by fiat, where btcoin better than fiat, realize it mate
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