Topic: Is bitcoin a threat to USD and Pound Sterling? (Read 1420 times)
For me, it will never happen because USD and Pound already survived for a long time and it is not easy to threat to them
While at this time there is no, because there is still too little development, bitcoin has not yet gone so far, but if all this will develop, it is possible to assume that it will all be.
Are you kidding? It is completely different from them and people do not seem to know its true potential. However, we can speculate, but that does not change reality: we barely know anything about it. We see all the other major economies trying to escape the dollar, and we see that countries can launch fast international money transfers. We are just a few steps away from an international economic crisis, where no nation accepts inflation from other countries hit on fiat currencies, all central banks are printing money in an amount Death still seems like before. However, it will take many years, We need to take some important steps. Of course, if we can address key issues with the application and construction of appropriate infrastructure, we can derive all the bitcoin advantages that a system will provide.
I don't think that bitcoin can threat to USD and pound sterling even now or in the future
All possible in crypto. of course not! Are you kidding? It is completely different from them and people do not seem to know its true potential. However, we can speculate, but that does not change reality: we barely know anything about it. We see all the other major economies trying to escape the dollar, and we see that countries can launch fast international money transfers. We are just a few steps away from an international economic crisis, where no nation accepts inflation from other countries hit on fiat currencies, all central banks are printing money in an amount Death still seems like before. However, it will take many years, We need to take some important steps. Of course, if we can address key issues with the application and construction of appropriate infrastructure, we can derive all the bitcoin advantages that a system will provide. The dollar is tied up with too much commodity and too integrated with international trade. Monetary risk currencies from the BTC are from countries with economic difficulties. Venezuela is another example that BTC can replace as it is a way for people to deal with inflation rampant.
I think Bitcoin is not a threat to both because Bitcoin is just digital gold.
Bitcoin has value when it comes to PAIR with FIAT like USD and Pound Sterling.
If Bitcoin is Paired with Altcoins, then there is still no value.
Bitcoin has value when it comes to PAIR with FIAT like USD and Pound Sterling.
If Bitcoin is Paired with Altcoins, then there is still no value.
Indeed, Dollar and Poundsterling should not worry bitcoin will take over. Many country in the world still dont know about bitcoin but if bitcoin become acceptable in many country, bitcoin can take dollar and poundsterling place because bitcoin more safe to carry and more secure
I think Bitcoin is not a threat to both because Bitcoin is just digital gold.
Bitcoin has value when it comes to PAIR with FIAT like USD and Pound Sterling.
If Bitcoin is Paired with Altcoins, then there is still no value.
Bitcoin has value when it comes to PAIR with FIAT like USD and Pound Sterling.
If Bitcoin is Paired with Altcoins, then there is still no value.
Hello guys,
Do you think bitcoin will be a threat to USD and Pound Sterling in the nearest future?
if yes, give an estimated time this can happen.
Do you think bitcoin will be a threat to USD and Pound Sterling in the nearest future?
if yes, give an estimated time this can happen.
As of now there is no threat to fiat currencies like US dollar and Euros which is recently announced in the report issued by IMF. But in future cryptocurrency can replace the fiat currencies which are controlled by the centralized authorities like Governments.
yes of course it is because bitcoin if it is mass accepted that all Fiat Valtas will go to waste
No, it is not a threat but if all the people get involved into bitcoin and every deals can be done through bitcoin then only it will become a threat.
Hello guys,
Do you think bitcoin will be a threat to USD and Pound Sterling in the nearest future?
if yes, give an estimated time this can happen.
Do you think bitcoin will be a threat to USD and Pound Sterling in the nearest future?
if yes, give an estimated time this can happen.
Yes all fiat currencies are slowly dying. I think the plan is for them all to crash leaving Bitcoin as the replacement. I think we are in the danger zone now and it could happen whenever the plug is pulled.
Hello guys,
Do you think bitcoin will be a threat to USD and Pound Sterling in the nearest future?
if yes, give an estimated time this can happen.
Do you think bitcoin will be a threat to USD and Pound Sterling in the nearest future?
if yes, give an estimated time this can happen.
At least for now cryptocurrency is not t threat for USD or EUR or other currency, but later i don't know about it.
Because currently there are still peoples that prefer to use fiat currency than cryptocurrency.
Crypto need to be used more, and when everyone use it, crypto will become a threat for fiat.
Its not really a threat because we cant compared fiat currency with that of a digital currency, fiat will always take the lead as the most accepted means of payment.
Hello guys,
Do you think bitcoin will be a threat to USD and Pound Sterling in the nearest future?
if yes, give an estimated time this can happen.
Bitcoin will surely be a threat to Dollars and Pounds Sterling. The reason is because as time goes on, people will chose using Bitcoin instead of the pound or dollar. Do you think bitcoin will be a threat to USD and Pound Sterling in the nearest future?
if yes, give an estimated time this can happen.
Yes indeed. Bitcoin threats all powerful currencies like dollar, euro, yuan, Macedonian dinnar 
I mean bitcoin shows up to rule them all and revoulitionize all economic system . In ten years no currency is matter.
I mean bitcoin shows up to rule them all and revoulitionize all economic system . In ten years no currency is matter.
I think that in the future bitcoin is a threat only for payment systems, such as a visa, and western union. But he can never stop the dollar. After all, the dollar is an important part of the economy of the whole world.
It is not a threat to the US Dollar. The Dollar is tied to too many commodities and too integrated with international trade. The pound will also probably not be replaced any time soon. The currencies that are at risk of replacement from BTC are the from countries that are in economic distress. Like Turkey most recently where its currency has been falling dramatically. Venezuela is another example where BTC might replace as it is a way for people to deal with rampant inflation.
Absolutely. However, it’s going to take years, We would need to accomplish several key steps. This includes dramatically improving user adoption and trust before bitcoin can even rival fiat currency (USD, etc) in terms of spending power or reliability.
Of course, if we can solve the main problems with adoption and build the right infrastructure, we could end up reaping all the advantages bitcoin such a system would offer.
Of course, if we can solve the main problems with adoption and build the right infrastructure, we could end up reaping all the advantages bitcoin such a system would offer.
I do not think Bitcoin is a threat to both. Because basically everyone who holds Bitcoin will still exchange their Bitcoin with local currency, in order to be used to transact traditionally. We know that Bitcoin can only be used online, while dollars and poundstreling can be used online and offline for wider transactions. So, Bitcoin is not a threat.
Exactly. I agree wih you. Without fiat i dont know how can we be able to determine the value of our bitcoin, through sacks of grain, bars of gold or what? They are two separate currencies with different uses. Like gold, you will never know the value of it per gram without fiat or local currency unless you trade them for commodities with no exact and specific amount or value per transaction.
Yes I think that bitcoins and a few other crypto are a future threats to the dollar world domination. We see all the other big economic trying to break free of the dollar, and we see countries who can be kick off the swift international money transfer system. This will in the end leave people to use crypto and the crypto people will choose will be bitcoins.
We are only a few steps away from a international economic breakdown, where no countries will accept other countries inflation hit fiat currencies, all the central banks are printing money in a quantum nevertheless seem before.
We are only a few steps away from a international economic breakdown, where no countries will accept other countries inflation hit fiat currencies, all the central banks are printing money in a quantum nevertheless seem before.
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