Bitcoin will replace dollar when it comes to online transaction. But if physical it will never happens, bitcoin will be the primary currency in digital area I think bitcoin transaction will replace paypal and bank transaction when the first crise comes.
I agree with your opinion. Currently Bitcoin is dominating the online trading volume, the number of transactions taking place in a day is a lot compared to the dollar. This is also understandable because Bitcoin is a digital electronic money that only works on the internet for the purpose of making transactions more convenient and simpler. As far as physics is concerned, as you said, it probably never will. The fact that the dollar is still used by so many people in the world, it's essential in daily spending.
Topic: Do You Think Bitcoin Will Replace Dollar Soon? - page 78. (Read 417300 times)
In my opinion this is a very long way off. If bitcoin were to replace dollar that would mean it would be the number one reserve currency around the world and for this to happen it needs to have global acceptance and a stable price.
i agree with this that bicoin cannot acquire the position to defeat completely dollar because for this position bitcoin would require recognition internationally being a legal currency which seems very difficult for bitcoin in near future but it is reality that in future bitcoin would give tough time to dollar in the market and I think America will be in action in future against bitcoin but it would be in vain.
My answer is no bitcoin cannot replace any other physical currency because some other government instution banned bitcoin in their country and really for the fact that bitcoin anonymous well i can say theirs no way it can replace dollars because first dollar is the biggest contributor in economic trades as we can see what we see symbol for currency we trade online its always dollars, and that stated how power is the dollars thay influence global market thats why bitcoin is nobody for dollars.
I definitely do not think BTC will replace the dollar...at least not in my lifetime. People still like the feel of physical money.
I do wonder if Bitcoin might become the "gold standard" to which all currencies (crypto and fiat) are compared to? That would be fun to see how that develops.
I do wonder if Bitcoin might become the "gold standard" to which all currencies (crypto and fiat) are compared to? That would be fun to see how that develops.
Not an all buddy. In this common world, everything will replace by the another thing. So,for dollar also their is no such exception. Since the price of bitcoin is keeps on increasing, their is lot of chance for bitcoin to replace the dollar. And also this will happen soon.It may be 5 years or a decade.
of course for the next 5 years bitcoin will become a currency which is very influential for the development of the world, and at that time bitcoin must be very high, then everyone will regret for wasting their time, do not recognize bitcoin from the past so it's now possible
already get a very big profit.
I definitely do not think BTC will replace the dollar...at least not in my lifetime. People still like the feel of physical money.
I do wonder if Bitcoin might become the "gold standard" to which all currencies (crypto and fiat) are compared to? That would be fun to see how that develops.
I do wonder if Bitcoin might become the "gold standard" to which all currencies (crypto and fiat) are compared to? That would be fun to see how that develops.
Not an all buddy. In this common world, everything will replace by the another thing. So,for dollar also their is no such exception. Since the price of bitcoin is keeps on increasing, their is lot of chance for bitcoin to replace the dollar. And also this will happen soon.It may be 5 years or a decade.
Bitcoin will not replace the dollar, because if this happened, the price would rise all at once and the poor would become even poorer. There is too much difference between them.
can you explain how poor can be poorer, and rich get richer, please explain in detail about it in your opinion so that I can understand more about it ...!
I believe that in some respects bitcoin can replace the dollar, but in some others there is no way to replace the use of fiat money in the execution of certain transactions. For example, bitcoin can be used easily for the exchange of goods and services around the world for its universal acceptance, but it can not be used, for example, as a reference or benchmark for assessing the debt of the countries, as has hitherto been done with the dollar due to the high volatility of bitcoin.
Maybe the mission of bitcoin is not, after all, to displace the dollar, but to be a good alternative, even more advantageous than fiat money.
Maybe the mission of bitcoin is not, after all, to displace the dollar, but to be a good alternative, even more advantageous than fiat money.
I can not say any thing about it because things change in a day,week,month or year. So it is a sweet surprise for bitcoin lover.
i think it is very clear that bitcoin will not replace USD very soon. but it will continue as popular currency of the world for a long time. because still the uses of bitcoin are very low and they will continue increasing for a long long time. but still it will take a long tome when the majority of the people start using bitcoin as fiat currency. This can never be soon. USD is the controller value of world economics. It's ruling the world. And USA is behind USD as a super power. They never let bitcoin to take the lad from USD.
Not only USD but any other currency of any other country will never allow to get on the mainstream and replace their national currency and government will never allow it as if bitcoin becomes a primary currency then government will loose all their control that they have on fiat money.
I can not say any thing about it because things change in a day,week,month or year. So it is a sweet surprise for bitcoin lover.
i think it is very clear that bitcoin will not replace USD very soon. but it will continue as popular currency of the world for a long time. because still the uses of bitcoin are very low and they will continue increasing for a long long time. but still it will take a long tome when the majority of the people start using bitcoin as fiat currency. This can never be soon. USD is the controller value of world economics. It's ruling the world. And USA is behind USD as a super power. They never let bitcoin to take the lad from USD.
I can not say any thing about it because things change in a day,week,month or year. So it is a sweet surprise for bitcoin lover.
i think it is very clear that bitcoin will not replace USD very soon. but it will continue as popular currency of the world for a long time. because still the uses of bitcoin are very low and they will continue increasing for a long long time. but still it will take a long tome when the majority of the people start using bitcoin as fiat currency.
I can not say any thing about it because things change in a day,week,month or year. So it is a sweet surprise for bitcoin lover.
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?
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?
This is quite impossible, dollar is a fiat money and bitcoin is a cryptocurrency. We're way too far of using cryptocurrency as our main currency in our daily life. Maybe in the far future, people will no longer use fiat money.
Bitcoin will replace dollar when it comes to online transaction. But if physical it will never happens, bitcoin will be the primary currency in digital area I think bitcoin transaction will replace paypal and bank transaction when the first crise comes.
well, how can bitcoin replace a physical money while it is digital one? LOL. Dont talk about that aspect dude. Even bitcoin is great, it is hard for it to replace bitcoin either on the internet or in the real life due to many reasons Bitcoin will replace dollar when it comes to online transaction. But if physical it will never happens, bitcoin will be the primary currency in digital area I think bitcoin transaction will replace paypal and bank transaction when the first crise comes.
If you say Bitcoin will replace dollar and become to payment method online, maybe you are wrong at first.Because at now, Bitcoin has been replaced Dollar and just Paypal is competitor of Bitcoin in this field.
Bitcoin will replace dollar when it comes to online transaction. But if physical it will never happens, bitcoin will be the primary currency in digital area I think bitcoin transaction will replace paypal and bank transaction when the first crise comes.
i think that bitcoin is already use for online purposes, but still i do not think that it is such an easy job. i think that it will take a lot of time and it can only be possible when the number of bitcoin will continue increasing, and when all the government will turned bitcoin as legal currency, the we will become able to use bitcoin for everything we want to buy.
Bitcoin will replace dollar when it comes to online transaction. But if physical it will never happens, bitcoin will be the primary currency in digital area I think bitcoin transaction will replace paypal and bank transaction when the first crise comes.
it will not be possible, bitcoin is the digital currency in social media, and the dollar is the main currency around the world and everyone is always using dollars to shop for goods, in contrast to bitcoin whose users are likely only 30% of the world
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?
If we save bitcoin for a longtime we can get the benifits of bitcoin like to meet our needs,to be rich or to be a millionaire.There are lots of benifits so I think 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?
So its an opportunity for us to have more patience to be included on bitcoin benifits.
This is very hard question, coz if bitcoin will be near to replace Dollar, or another currency, the government will do everything to stop it. But another question will be this steps successful or not.
of course it could happen like in China and Russia they allow bitcoin to be used freely like their own country's currency and they think that it does not disturb the country's economic stability
Dollar has some problems and it's question for how long it will still be one of the most important fiat currencies. So it is not impossible, but not anytime soon. Uncle Sam would rather shut down the internet than to see this happen...
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