Topic: if bitcoin will become the main coin, what will happen to the money we are using - page 2. (Read 1545 times)
October 08, 2017, 03:02:21 PM
When, not if haha, Bitcoin becomes the main coin, so the world's reserve currency, we will see the FIAT money we use today turned into digital currencies. Gov't ones of course, specific to whatever geographical area they're in.
October 08, 2017, 09:38:59 AM
i wonder: if Bitcoin will become the main coin, what will happen to the money we are using now like us dollar?
Is it possible ? I never thought like you, why ? because we will always need real money in physical form.
bitcoin coin has always been the first and most popular coin and proven to date bitcoin has no heavy competitors in the world of crypto.
October 08, 2017, 08:51:53 AM
i wonder: if Bitcoin will become the main coin, what will happen to the money we are using now like us dollar?
Happy news of course when we hear bitcoin can be the main currency in the world. Real money is still in need of course, there are some sectors that really need real Money as a tool To make the price stability. Real money will not die because bitcoin will remain side by side and need each other. I hope bitcoin prices will continue to increase and the existence of real money will help bitcoin become one of the enormous economic power. October 08, 2017, 08:46:24 AM
Bitcoin is already the main coin because it is the first cryptocurrency that ever created by satoshi nakamoto and if bitcoin will stay for being the main coin then it will not do anything about our money that we are using because they are different and bitcoin is just like a back up currency or money where we can spend it in some shops or places.
October 08, 2017, 07:23:08 AM
They will be collected like antics
October 08, 2017, 07:20:57 AM
Well no.1 Fiat money become useless . if bitcoin will become the main currency then people will not hold a lot of fiat money. and its alternative coin that we can use when we have transactions or agenda with the person we want to transact.
I think if this ever happen than only few currency notes people will keep just in case they want to give to somebody quickly and get the things who does not have or accept such payment, rest everything will be done online because people will prefer going digital and making payment easily and easily exact payment can be done even if its in cents.
October 08, 2017, 05:10:32 AM
i wonder: if Bitcoin will become the main coin, what will happen to the money we are using now like us dollar?
I think maybe bitcoin will be our main money in the future. if bitcoin becomes our main money, then the money we use now we will not use again as a means of payment wherever we are.
October 08, 2017, 04:23:29 AM
if bitcoin will be the main coin, what will happen with the banknotes we use. i think that this will not happen because the amount of bitcoin itself is limited value. / to take the currency in the world. the problem is i do not think that bitcoin can increase because when this is a lot of buyers / many buyers.
if everyone would invest and convert cash into digital money, there is no possibility that such a revolution would happen to bitcoin investing. so there is no problem for me, someday bitcoin will be used internationally.
that's what I'm waiting for.
You need to update your ideas about Bitcoin: if everyone would invest and convert cash into digital money, there is no possibility that such a revolution would happen to bitcoin investing. so there is no problem for me, someday bitcoin will be used internationally.
that's what I'm waiting for.
1. the limited amount of Bitcoin is an advantage and not a disadvantage and would always make Bitcoin scarce and more valuable;
2. Bitcoin already is used internationally and that is one of the purpose it was created;
3. at no time would everyone convert their cash into digital money as both digital money and cash have their roles in the society.
October 08, 2017, 03:55:02 AM
Well no.1 Fiat money become useless . if bitcoin will become the main currency then people will not hold a lot of fiat money. and its alternative coin that we can use when we have transactions or agenda with the person we want to transact.
well if that was the case i think the people will not hold a fiat coin.because bitcoin is really profitable .i think everybody change thier coin into btc because it can become a bigger value if we hold btc.but i think if this will going to happen most likely the government will take controll on bitcoin. 
October 08, 2017, 03:19:48 AM
Well no.1 Fiat money become useless . if bitcoin will become the main currency then people will not hold a lot of fiat money. and its alternative coin that we can use when we have transactions or agenda with the person we want to transact.
October 08, 2017, 02:11:31 AM
I do not believe that in the near future the society can completely switch to using exclusively digital technology, including digital money. In life there are different situations and the usual paper money in them is simply irreplaceable. Now some countries, such as Sweden, are trying to switch to digital money, but they are unlikely to succeed.
October 08, 2017, 01:52:13 AM
You forget that the biggest driver behind fiat money is the government. As long as taxes are due to the government and they have to be paid in fiat, there will be use for your dollars and euros. No government is going to accept that bitcoins are more valuable than the fiat they print; hence the government will continue to accept fiat money at least for taxes and penalties.
October 08, 2017, 01:35:42 AM
i wonder: if Bitcoin will become the main coin, what will happen to the money we are using now like us dollar?
Do you mean bitcoin become the main money ? It's impossible to happen i think, because all countries have their own official money and i'm sure they will create their own digital money like dollar that can be used on online. Maybe bitcoin can be the most popular online currency in the future.
October 08, 2017, 01:31:27 AM
if by any chance bitcoin becomes the main coin the paper currency we use will still be used for some years so that there is no sudden rush . maybe u would have heard about the demonetization that was occurred in INDIA at the end of the last year . i am just saying this because it could be the possibility if paper notes will be no longer required. other than that it is still hard to believe that cryptocurrency can take over the physical currency all over the world
October 08, 2017, 01:30:01 AM
i wonder: if Bitcoin will become the main coin, what will happen to the money we are using now like us dollar?
Bitcoins had becomed the main coin in digital currency all of the alternative coins be traded with bitcoins, I think what do you mean with main coin is bitcoins become main currency, the fiat money will be replaced by digital currency bitcoins and fiat money will be useless. It will apply to all of fiat money around the world, it is hopefully of community bitcoins become main currency in the world due to the system of fiat money is broke, it can not be against the crisis of economy. 
October 08, 2017, 01:16:51 AM
i wonder: if Bitcoin will become the main coin, what will happen to the money we are using now like us dollar?
I don't think bitcoin will become the main coin in near future. There are some problem
1. you can not use it when there is no internet. And it is very hard to provide the internet everywhere in the world.
2. It is hard for a illiterate people to handle bitcoin.
3. Governments will not allow a decentralised money to rule over the dollar bill.
October 08, 2017, 12:35:36 AM
if bitcoin will be the main coin, what will happen with the banknotes we use. i think that this will not happen because the amount of bitcoin itself is limited value. / to take the currency in the world. the problem is i do not think that bitcoin can increase because when this is a lot of buyers / many buyers.
if everyone would invest and convert cash into digital money, there is no possibility that such a revolution would happen to bitcoin investing. so there is no problem for me, someday bitcoin will be used internationally.
that's what I'm waiting for.
if everyone would invest and convert cash into digital money, there is no possibility that such a revolution would happen to bitcoin investing. so there is no problem for me, someday bitcoin will be used internationally.
that's what I'm waiting for.
They really are recruiting hard to get barely literate Filipinos to give nonsensical answers aren't they?
You are Filipino yes? You have no idea what you are talking about yes? The way you attempt to write in English totally gives you away. These sig campaigners are such a waste of space. Grrrr.
October 08, 2017, 12:16:31 AM
Given the situation, the fiat would be useless because we are only using digital currency. Those fiat money will just be paper with no value. You can keep them as souvenirs but you can't use it to transact anymore just like when new version of bank notes are released, the obsolete ones would be worthless and this will happen also if we totally shift to digital currencies which is unlikely to happen. People would have a hard time transitioning totally to digital currencies due to a lot of factors like lack of tools needed and there would be difficulty in accessing the coins due to limited internet connection.
October 08, 2017, 12:09:59 AM
if bitcoin will be the main coin, what will happen with the banknotes we use. i think that this will not happen because the amount of bitcoin itself is limited value. / to take the currency in the world. the problem is i do not think that bitcoin can increase because when this is a lot of buyers / many buyers.
if everyone would invest and convert cash into digital money, there is no possibility that such a revolution would happen to bitcoin investing. so there is no problem for me, because bitcoin is already used internationally.
if everyone would invest and convert cash into digital money, there is no possibility that such a revolution would happen to bitcoin investing. so there is no problem for me, because bitcoin is already used internationally.
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October 08, 2017, 12:01:40 AM
i wonder: if Bitcoin will become the main coin, what will happen to the money we are using now like us dollar?
if bitcoin become the main coin but its not approve by the government, then the money will still exist and will be used by many people in all country. but if the money is gone and replaced by bitcoin, then the money its no use again. but i think government will not replace money with bitcoin if they can not interfere to the blockchain or with bitcoin itself because they want to take control for crypto currency world but the fact they can't.
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