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Topic: Do You Think Bitcoin Will Replace Dollar Soon? - page 246. (Read 417277 times)

sr. member
Activity: 336
Merit: 250
No. I think that in future every country will create its own digital currency.
hero member
Activity: 672
Merit: 500
I really doubt if bitcoin will replace dollars soon... because dollars was very popular in the world . For replace dollars it means replace position as the most currency in the world. Even still many people who don't know about bitcoin as well .
hero member
Activity: 798
Merit: 500
★YoBit.Net★ 350+ Coins Exchange & Dice

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.


Yeah, its really impossible, most of the people from their country won't accept it, as their fiat comes with history before it became their currency.  Smiley
sr. member
Activity: 378
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.
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.
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
sr. member
Activity: 378
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.
hero member
Activity: 644
Merit: 500
Bitcoins will not replace the dollar, I am sure. It's too artificially stable and high in demand at this current time. You can't attack the foundation of a fake structure.

I would agree with you and now the bitcoin will not replace the fiat's status but in future I am sure Bitcoin have potential to replace fiat.  It's we can achieve through adaption and demand only.now more  business are getting committed with bitcoin.  Soon many adapter will adapt it. Then automatically chance will come to replace fiat with btc.
hero member
Activity: 532
Merit: 501
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.
hero member
Activity: 798
Merit: 500
★YoBit.Net★ 350+ Coins Exchange & Dice
Still a big "NO" bitcoin can't replace dollar or any other fiat in this world.whether the value of bitcoin rise or fall, it can't replace dollar, others still look at bitcoin as a commodity..  Smiley
Nothing is impossible.
If you're concerned about fluctuations. I think the dollar also has fluctuations, difference fluctuation of other currencies very small
but I believe over time, the fluctuation of bitcoin will shrink, trust me

Hopefully fluctuations would be solve sooner, so that Bitcoins stand won't be shaky, so we could attract more and more people, that way, if we invite others to use bitcoin, we are starting to replace dollar little by little. but it would take time and maybe on the next generations who will use bitcoin Smiley
sr. member
Activity: 322
Merit: 250
Still a big "NO" bitcoin can't replace dollar or any other fiat in this world.whether the value of bitcoin rise or fall, it can't replace dollar, others still look at bitcoin as a commodity..  Smiley
Nothing is impossible.
If you're concerned about fluctuations. I think the dollar also has fluctuations, difference fluctuation of other currencies very small
but I believe over time, the fluctuation of bitcoin will shrink, trust me
hero member
Activity: 798
Merit: 500
★YoBit.Net★ 350+ Coins Exchange & Dice
Still a big "NO" bitcoin can't replace dollar or any other fiat in this world.whether the value of bitcoin rise or fall, it can't replace dollar, others still look at bitcoin as a commodity..  Smiley
hero member
Activity: 728
Merit: 500
Never ending parties are what Im into.
Bitcoins will not replace the dollar, I am sure. It's too artificially stable and high in demand at this current time. You can't attack the foundation of a fake structure.
hero member
Activity: 616
Merit: 500
No, neither in this life, neither in the other life.  Grin
copper member
Activity: 2562
Merit: 2510
Spear the bees
i dont think so.,it will be replace but not soon..will take along time to replace
for the future i think it can..but not really sure..
bitcoin just an internet money and dollar is a real money..
the main things in here not many people understand in btc especially our parents..hard to explain..

This is the most confused notion that people tend to have.  Dollars, Euro, and every other fiat system IS NOT REAL MONEY.

Central banks in every country creates what you think is real money out of thin air.  It's literally paper that doesn't represent anything of value, yet, it is supposed to be a value of whatever denomination it has on the note... which is backed up on the "trust of the government".

Money and the market systems is guided by the "invisible hand", which used to be backed by gold... now it is backed by nothing.  Every dollar you have in your wallet and bank account is essentially worthless in all actuality, just as of right now you need it to purchase real world goods and pay bills... but the hope is to be able to pay for goods, services, pay bills, pay taxes, etc with crypto (which will hopefully be backed by gold, as well as cold hard, fundamentally sound math.).
I love how everybody ignores this hard point. Definitely, this is important to know that the only reason that the paper money has value is because the general public perceives that it has value.

Being backed by gold, if every single person tried to cash out on the gold, there would not be enough. There's not enough gold to support all the printed money that is in the world. At the end of it, it's all worthless.
member
Activity: 103
Merit: 10
SEO Expert & Online Marketer
I honestly don't think it'll happen, certainly not in 15 years... In 100 years maybe?

Agree with you. May be it will not happen.
legendary
Activity: 3234
Merit: 1214
Vave.com - Crypto Casino
i doubt that the replacement of dollar will happen soon but in my opinion it might really happen after a few decades, it would be a really interesting event i believe

What you described is acceptable, but even after decades the possibilities of bitcoin to replace dollar is very very low. It can occur only if the grown countries will meet some economic recession.
sr. member
Activity: 406
Merit: 250
i doubt that the replacement of dollar will happen soon but in my opinion it might really happen after a few decades, it would be a really interesting event i believe
legendary
Activity: 1316
Merit: 1004
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?

yes , i completely agree with his prediction. it think everyone will use digital money related to bitcoin and bitcoin chain at least twenty years later..

He believes that because he's the CEO of a big Bitcoin company. You are just a regular Bitcoin user. If Bitcoin fail he'll lose his job, he can't say his exact thoughts and the chance of a failure.
I think Bitcoin will be a success story but replacing dollar soon? I don't think so.

Yeah, that's very true... and the fact that people think it will just be a sure thing is ludicrous.  If you think that the government and central banks are just going to readily "give up" the power (in the US's case, the petrodollar is a good example) to a bunch of nerds on computers, is insane.

If the economy fails and fiat is going down the tubes, where bitcoin is looking like the next thing that everyone has to move toward (or maybe gold); get ready for a major civil war battle between regular civilians who are trying to get away from the dollar and governments trying to stay in control of their people. 
hero member
Activity: 636
Merit: 500
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?

yes , i completely agree with his prediction. it think everyone will use digital money related to bitcoin and bitcoin chain at least twenty years later..

He believes that because he's the CEO of a big Bitcoin company. You are just a regular Bitcoin user. If Bitcoin fail he'll lose his job, he can't say his exact thoughts and the chance of a failure.
I think Bitcoin will be a success story but replacing dollar soon? I don't think so.
sr. member
Activity: 434
Merit: 250
Nah it won't happen it will take very long till that will happen.
Lets say about 10 years or so its difficult to say of course.
The dollar is to large at the moment the bitcoin is small compared with the dollar.
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