Topic: Is bitcoin a threat to USD and Pound Sterling? - page 7. (Read 1420 times)
It may be, when all world accept bitcoin as legal currencies. but still the dollar and pound will accept as they have legal stable value.
it depends on the country, if the state already recognizes automatic bitcoin currency of a country will be threatened by bitcoin.
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.
I don't see bitcoin as a thread to other fiat currencies. Bitcoin is one of the best product of technology and through it we can do transactions online. Virtual money like bitcoin does not compete with fiat currencies. Bitcoin just want us to hold our money by ourselves; by having a wallet in your own gadget.
do not think that bitcoin will be a threat to other currencies precisely with the existence of digital money so many changes that have occurred because bitcoin can provide different ways can ease in all things in the form of investment and even secure transactions so I think that bitcoin will be the currency digital that will never threaten the existence of other currencies 
NOOOOO! Bitcoin is definitely not going to be a threat to USD and Pounds Sterling. You know why? This is because bitcoin will all require fiat currency such as USD for its rating and exchange. Few year to come, bitcoin will get direct exchange rates with other currencies worldwide. With this, I believe trading in cryptocurrencies will be much simpler and faster.
I think all the chances are there but I think it's all impossible for now
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.
maybe all that could happen no one can know for certain predictions of that time when if the development of bitcoin advanced more rapidly it certainly can all 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.
Bitcoin is too weak in capitalization to replace the dollar and pound sterling.
Thus, bitkoyn and other crypto-currencies do not pose a threat to the central banks of the world, let alone a fiat currency.
Thus, bitkoyn and other crypto-currencies do not pose a threat to the central banks of the world, let alone a fiat currency.
Hello everyone, I think in the coming years is not yet a threat. But in the future I think digital currencies will replace ordinary money
Actually so many people might think bitcoin is a threat to doller pound and sterling but its not a threat to all these currency because each of them have their own way to function but the way bitcoin is moving now it looks threating but its not.
I think bitcoin is not a threat to USD since we still really depends on the physical USD currency.
USD is our main physical medium of exchange when we go to restaurant and stores. We cant easily say that kryptocurrencies will takes place of USD since we still need to innovate a secure data base that nonone could hack or attack.
For me kryptocurrencies like bitcoin is not a threat since not all countries are fully indutrialized or innovated into new technological market or country.
USD is our main physical medium of exchange when we go to restaurant and stores. We cant easily say that kryptocurrencies will takes place of USD since we still need to innovate a secure data base that nonone could hack or attack.
For me kryptocurrencies like bitcoin is not a threat since not all countries are fully indutrialized or innovated into new technological market or country.
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.
Today and in the near future no , I do not see Bitcoin or any altcoin to be a threat on both American Dollar or Pound Sterling. Although Bitcoin I think is the better currency, people are really used to using USD and many people specially Billionaires will make sure that Bitcoin will make sure that Bitcoin or Altcoin will only be considered as an alternate currency.
Bitcoin has always been a great threat to USD and Pounds that is one of the reasons Government does of want bitcoin to gain ground in their economy but no matter what it will continue to be.
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.
The US dollar (American Dollar) is used internationally all over the world by many people, I know when I go to purchase something off someone online it is 99% of the time based around the US Dollar. I believe it would take a lot for something as new as bitcoin to even come close to take over the USD. Reason being that bitcoins supply is limited it doesn’t account for population growth and such unlike the USD or GPD.
if in my opinion if the threat is also not gan. the reason I am everyone is not necessarily they can invest in bitcoin Because they can not use digital tools.
there are even people who love to work in the real world instead of investing in bitcoin. because in Daira I live the number of people who do not use bitcoin still a lot .if compared people who invest in bitcoin. even i think bitcoin and paper money will go hand in hand with .
there are even people who love to work in the real world instead of investing in bitcoin. because in Daira I live the number of people who do not use bitcoin still a lot .if compared people who invest in bitcoin. even i think bitcoin and paper money will go hand in hand with .
I doubt that it'll become a "threat", per se.
If you are talking about the fact that bitcoin adopters are going to continue to increase at a pretty fast pace, and its market capitalisation will likely exceed those of a few fiat currencies of smaller countries, then yeah, I think that's definitely going to happen in the near future.
However, even if that happens, is that really a "threat" to GBP or USD? Probably not. Bitcoin can exist alongside these fiat currencies as a popular alternative, and governments will try to regulate bitcoin to the highest extent possible. Although, fiat can definitely lose a lot of value in a short amount of time and eventually cause people to seek alternative store of values, which is something like what we're seeing in Venezuela currently.
If you are talking about the fact that bitcoin adopters are going to continue to increase at a pretty fast pace, and its market capitalisation will likely exceed those of a few fiat currencies of smaller countries, then yeah, I think that's definitely going to happen in the near future.
However, even if that happens, is that really a "threat" to GBP or USD? Probably not. Bitcoin can exist alongside these fiat currencies as a popular alternative, and governments will try to regulate bitcoin to the highest extent possible. Although, fiat can definitely lose a lot of value in a short amount of time and eventually cause people to seek alternative store of values, which is something like what we're seeing in Venezuela currently.
in my opinion, it could happen, but I think it is not a threat to the dollar, because bitcoin is the digital currency ...
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.
No, as long as bitcoin volatility still high, it cannot become a threat for fiat currency.
the reason peoples dont use crypto as a daily currency yet is because the price of cryptocurrency is easy to change.
Basically everyone who holds bitcoin will still exchange their bitcoin with their own currency in order to use traditional transactions. We know that bitcoin can only be used online solely and while dollar and pound can be used online and offline to transact widely and bitcoin is not a threat from all countries but rather increase the world economy. 
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.
of course it is a threat! you just now look, what a large capitalization has left banks! people began to invest in the crypto market! on this all the stick in the wheel inserts the banking sector! I'm sure that soon, maybe in 30 years, there will be one universal currency! and it is possible that this currency will be bitcoin! People are tired of living in constant inflation, due to the fact that countries are constantly printing new money!
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