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Topic: Do You Think Bitcoin Will Replace Dollar Soon? - page 253. (Read 417277 times)

member
Activity: 98
Merit: 10
Personally, I doubt that any digital valuta would, or could, replace the mighty US Dollar - since the implementation of the Bretton Woods system after WW2, the US Dollar has gained more and more 'trust', which led the US Dollar as the most used currency for multinational trade, which it also is today. That's my reasoning on why Bitcoin won't replace the US Dollar in a near future.
member
Activity: 84
Merit: 10
cryptoqueen
I don't think Bitcoin will replace it but I think Bitcoin will become more of the standard that fiats have to hold themselves to.
legendary
Activity: 1540
Merit: 1003
I think it has the potential to replace BTC but soon is just a little too much, I think it would be good if it is able to replace USD someday but saying soon is really asking for a huge change very soon.
USD can simple not be replaced by a digital (crypto) currency as there should be changed lots of things.
It can only be a simply additional payment which we want to be seen mostly in every shop.
sr. member
Activity: 476
Merit: 250
I think it will not replace fiat currency at all because it's still a new concept to people... It needs to be perfected before it can be used in a mass scale.

Thats just my opinion though, you can have your own, of course Wink

Yeah same with my opinion. bitcoin need some updates to be able to replace the dollar. is it possible if bitcoin in the form of paper or coin?
and maybe people just need a stable price of bitcoin
member
Activity: 70
Merit: 10
I think it has the potential to replace BTC but soon is just a little too much, I think it would be good if it is able to replace USD someday but saying soon is really asking for a huge change very soon.
member
Activity: 90
Merit: 10
I don't think it will until the fiat bubble collapses. And even then there might be better cryptocurrencies than bitcoin.
hero member
Activity: 938
Merit: 1000
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 do not believe that bitcoin will replace the dollar within 15 years, it is still too soon, though within 15 years bitcoin will be more popular, but it will not replace the dollar.

Exactly it will take a long time that bitcoin will replace dollar and I don't see this is near future, as I believe that btc can never replace any major currency as still bitcoin is new to many people around and they would surely have more faith in dollar as compared to bitcoins.
legendary
Activity: 2674
Merit: 1048
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 do not believe that bitcoin will replace the dollar within 15 years, it is still too soon, though within 15 years bitcoin will be more popular, but it will not replace the dollar.
full member
Activity: 157
Merit: 100
I think it will not replace fiat currency at all because it's still a new concept to people... It needs to be perfected before it can be used in a mass scale.

Thats just my opinion though, you can have your own, of course Wink
legendary
Activity: 1218
Merit: 1007
Coinbase CEO is drunk, bitcoin has been fluctuating so much in the past several years, and USD is very strong right now, there is no way bitcoin can and will replace dollar any time soon.
Not necessarily drunk, more likely promoting his services and attempting to generate more interest in the technology so he can make money off of it. There -technically- isn't anything wrong with that, but it doesn't sound logical to the average person, so it probably isn't the best.

I wouldn't say the USD is very strong, but it is not weak enough to be replaced by a digital currency yet. More things have to happen for the value and position of the USD to be challenged.
sr. member
Activity: 378
Merit: 250
Coinbase CEO is drunk, bitcoin has been fluctuating so much in the past several years, and USD is very strong right now, there is no way bitcoin can and will replace dollar any time soon.
full member
Activity: 160
Merit: 100
Not soon... Because the technology is still quite young and we need more adopters.
hero member
Activity: 532
Merit: 500
I guess that will not happen, the dollar is also a tool the best deal in the world, it is very difficult to replace bitcoin, because not everyone knows bitcoin, and how to use

over time I think it would be everybody knows about bitcoin everyone will start adopting bitcoin but I dont think it would replace the dollar
sr. member
Activity: 493
Merit: 250
Live by your own rules
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 fully believe that if someone mentions that bitcoin will replace the dollar within 15 years, although it is not wktu the moment, but I also believe bitcoin will develop better and become a world currency.
hero member
Activity: 658
Merit: 500
As many people have said, bitcoin won't replace the dollar. S country likes to have control over their primary currency, and they can't really take money out of your cold wallet, can they?
It is true, not possible a country to change its currency to foreign currency,
the dollar will remain, impossible for bitcoin to replace the dollar

Yes exactly true no matter how worst Dollar might down but still Bitcoin cannot replace dollars as the local currency any country. Probably a new born country can use Bitcoin as their currency but any established country will not give up their national currency for Bitcoin even though Bitcoin is much much more valuable than dollar and other currencies.
yeah right we can see today, the government's efforts to keep their currencies from bitcoin, namely by banned access to the bitcoin in their country
legendary
Activity: 1022
Merit: 1000
Blocklancer - Freelance on the Blockchain
I will happen but maybe in 20-30 years
legendary
Activity: 896
Merit: 1000
I guess that will not happen, the dollar is also a tool the best deal in the world, it is very difficult to replace bitcoin, because not everyone knows bitcoin, and how to use

even if every one knows bitcoin, then it still won't happen. us dollar is the currency of the world. everything is priced against the us dollar. nothing will replace it the comming 50-100 years.
hero member
Activity: 2170
Merit: 503
Reward: 10M Shen (Approx. 5000 BNB) Bounty
I guess that will not happen, the dollar is also a tool the best deal in the world, it is very difficult to replace bitcoin, because not everyone knows bitcoin, and how to use
member
Activity: 110
Merit: 10
I don't think bitcoin is able to replace the dollar. I do believe that bitcoin can be independent sometime in the future. Where as the bitcoin wouldn't have to rely on the dollar as it is right now.
The dollar has been around for so long and even if the dollar does crashes, the governments won't disband the dollar.
full member
Activity: 224
Merit: 100
i dont think its possible as so many people dont want to risk with bitcoin
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