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Topic: Do You Think Bitcoin Will Replace Dollar Soon? - page 261. (Read 417277 times)

hero member
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may it happen, bitcoin is now being developed, might in the future be able to replace the dollar bitcoin
legendary
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I guess it will not happen
the dollar is now more famous than the bitcoin and the dollar also has been the currency of a country, so it is very difficult to replace the dollar bitcoin  Smiley
legendary
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In the future, where mankind would be dominated by Artificial Intelligence, then Bitcoin might replace the dollar as it would be used by everything from powering appliances, making transactions, fuel for apps, etc. There are tons of possibilities for it, but these times are just the beginning for Bitcoin. Just sharing my thoughts.  Roll Eyes
legendary
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The question is ambiguous. 

If I am using a table knife to tighten a screw on a wall outlet, you could hand me a real screwdriver and say we have replaced the table knife with a screwdriver. 

In the case of the dollar, it is a tool for extracting wealth from workers for the benefit of the counterfeiters.  Bitcoin can never take this role because it is not counterfeitable.  Thus, it cannot ever replace the dollar. 

However if you mean what currency you use to buy beer, then sure.. it can and has replaced dollar in many places. 

sr. member
Activity: 392
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Nope. Bitcoin is not that big and will never be that big. Sure, it might be widely adopted, but countries like their currency to be used only in their country, and the dollar has a long history tied with the US, so i'm having trouble imagining the dollar succumbing bitcoin.
sr. member
Activity: 462
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bitcoin is passing the best way to replace dollar all it need it more people to know it and start to use it too so it can replace but this way is too long andd bitcoin need to passe slowly maybe in 20 years who know but if it will continu like that bitcoin will replace it for sure  Wink
sr. member
Activity: 294
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i dont think so,its hard to predict that bitcoin will replacing dollar,and i think govenor and big corporate in USA never let it happen..
legendary
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Well, the day that Bitcoin gets printed in paper money like fiat, it would be the day that it might replace the dollar. Sometimes, I wish I could have a Bitcoin paper bill (dollar bill). I would be so great.  Grin
full member
Activity: 168
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Replacing the dollar will never happen unless we have one world order.

yes maybe when the world war, all countries need a currency that is easy to carry and practical
hero member
Activity: 658
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Give Bitcoin some time. Probably 10 years would be enough for Bitcoin to gain mass adoption and improve its development. Perhaps, after that it would replace the dollar if it has enough demand and governments would back it up. Just my opinion.  Grin
I think the government will not support it, the dollar has a long history, it may not be replaced by another curenncy
legendary
Activity: 1246
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I think actually replacing US dollar is asking for too much.
We live in increasingly multi-polar world and it unrealistic to think there will be only one currency in the long term.

If bitcoin wins a substantial share, that would be great already.

It actually has that share that you are talking about, buddy...
Bitcoin ain't anymore a "NEWBIE" currency in the market, being adopted at almost everywhere, totally new concept, multiple uses, easy to operate and hard to trace, people's bank in their pockets, what do you need more???

Don't know about future, but it is currently replacing few currencies as in few countries, they are making themselves to be "Bitcoin-only" to show some real support to the currency... And yes, if you are talking about replacement, then we really need to have some very strong value of Bitcoins as 21M won't be enough for this whole world when it comes to have just Bitcoin be used everywhere... Ain't saying we need to increase the amount of Bitcoins available, but I'd rather go and opt for the increase in value of BTC... Smiley
sr. member
Activity: 323
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Replacing the dollar will never happen unless we have one world order.
Which will never happen. People are too divided to be united under one central government. There are many conflicts of interests right now and that won't change.
Bitcoin is a currency existing over borders or divides therefore is a threat to every national currency, for now governments are turning blind eye to it.
But I imagine when big money will be at stake (taxes!) in near future, governments will try to 'regulate Bitcoin or - if they couldn't accomplish that - destroy it.

I think actually replacing US dollar is asking for too much.
We live in increasingly multi-polar world and it unrealistic to think there will be only one currency in the long term.

If bitcoin wins a substantial share, that would be great already.
legendary
Activity: 1400
Merit: 1001
Replacing the dollar will never happen unless we have one world order.
Which will never happen. People are too divided to be united under one central government. There are many conflicts of interests right now and that won't change.
Bitcoin is a currency existing over borders or divides therefore is a threat to every national currency, for now governments are turning blind eye to it.
But I imagine when big money will be at stake (taxes!) in near future, governments will try to 'regulate Bitcoin or - if they couldn't accomplish that - destroy it.
sr. member
Activity: 323
Merit: 250
Give Bitcoin some time. Probably 10 years would be enough for Bitcoin to gain mass adoption and improve its development. Perhaps, after that it would replace the dollar if it has enough demand and governments would back it up. Just my opinion.  Grin

Good point.
Bitcoin has been around only for few years and the very fact that we are discussing if it has a chance to replace US dollar goes to show how far it has got already.
legendary
Activity: 3220
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www.Crypto.Games: Multiple coins, multiple games
Give Bitcoin some time. Probably 10 years would be enough for Bitcoin to gain mass adoption and improve its development. Perhaps, after that it would replace the dollar if it has enough demand and governments would back it up. Just my opinion.  Grin
sr. member
Activity: 252
Merit: 250
i doubt that it might take a few more years for this to happen
hero member
Activity: 728
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Bitcoin is nice and all but the technology behind is far beyond some folks.maybe in 20 Years something better than bitcoin and the Dollar would be our currency maybe time would be a far better chose.
hero member
Activity: 504
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Replacing the dollar will never happen unless we have one world order.
sr. member
Activity: 336
Merit: 250
Bravity is beautiful.
"Replace the Dollar" isn't necessary for huge success. Bitcoin simply needs to be a viable option for people wanting to avoid the horrible effects of inflationary fiat currency.

The monopoly of banks, fees and lack of privacy, but even more the usabillity is what makes btc the 2.0 currency. Will it be soon? I don't think so. Sending and receiving money should be made very easy. Also the reversal process of a wrong payment (which is impossible) scares a lot of people.
legendary
Activity: 2114
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"Replace the Dollar" isn't necessary for huge success. Bitcoin simply needs to be a viable option for people wanting to avoid the horrible effects of inflationary fiat currency.
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