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Topic: Is Bitcoin will replaced all fiat currencies? (Read 206 times)

member
Activity: 322
Merit: 10
February 02, 2018, 01:28:41 AM
#37
Of course. It will be so much better Smiley. Actually I've heard of something in Facebook that bitcoin's race is just starting. So what are we going to do now? Pack your bags of bitcoins and HODL. And another thing of what I've heard, bitcoin might race to 350,000 USD this April! I am not hyping you guys but I'll be sure to hodl!
sr. member
Activity: 560
Merit: 250
for me i think 1 day will come all fiat currencies will be lost and only cryptocurrency will remain

When ? I think not like what you think. because the fiat currency will remain a real-life transaction tool. now, and 50 years will come. fiat currency remains the number one tool in real transactions. I believe, the future of crypto will be even greater. but not to replace the fiat currency.
member
Activity: 420
Merit: 14
No, never crypto currency will replace the usual money fiat. It roughly sounds like there will soon be peace in the world. But in order to ensure that all calculations are carried out only in the crypto currency in the whole world, it is actually necessary to unite the economies of all countries into a single global economy, approximately as it is now working in the European Union. Because if only the crypto currency is going to go, the economic deterioration in one country will directly affect the economy of other countries. This is impossible, because political strife and war are constantly and regularly and never stop.
sr. member
Activity: 503
Merit: 250
You may be right. Sooner or later, anything has been replaced by something better.
In my opinion, the fiat currencies will disappear in the future, but I do not know if they will be replaced by BTC or something else.
hero member
Activity: 2110
Merit: 502
for me i think 1 day will come all fiat currencies will be lost and only cryptocurrency will remain

But we are just waiting for that moment to come, when all the countries are biting the bitcoins as new fiat currencies, there is no reason for the government to ban the use of bitcoin, because fiat fiat may disappear the next few years !!
hero member
Activity: 1932
Merit: 504
for me i think 1 day will come all fiat currencies will be lost and only cryptocurrency will remain

What makes you think it will happen? with the fact that, some countries do not accept and prohibit bitcoin activity. I am just pessimistic this can happen. although currently, bitcoin is still unfamiliar to some people.
in past some people dream if bitcoin will change fiat and become mass payment. but now they complain about fee when they want to send their coins.in my opinion, now bitcoin not suitable to be a payment because fee problem. and a lot of government ban it like what you said
member
Activity: 252
Merit: 14
No, fiat still more flexible and more effective for direct transaction with no fees in there. Not like bitcoin, if we user bitcoin when we are in direct transaction is so funny, cause we pay the fees but we are in there
newbie
Activity: 32
Merit: 0
for me i think 1 day will come all fiat currencies will be lost and only cryptocurrency will remain

I personally think that is a stretch, I believe cryptocurrency will be a big part of how we transact. But there is still value in fiat currency.
full member
Activity: 560
Merit: 102
BBOD - The Best Crypto Derivatives Exchange
bitcoin will take a very hard time to catch up with the benefits of fiat money, but rightnow we are appyling bitcoin technology to replace fiat money more and more such as no more paper money in payments, however bitcoin is still not completely compatible to replace fiat money, it is still having so much problem in fees and slow transactions, so it make take a long time to see bitcoin replace fiat money.
member
Activity: 112
Merit: 13
for me i think 1 day will come all fiat currencies will be lost and only cryptocurrency will remain
Well, if your thoughts are going to happen then, it would be a great advantage to us who knows about bitcoin. But, in my opinion I didn't see any signs of chances of crypto currencies to replaced all our current fiat currencies. Its volatality is not acceptable by many and also only few of world population who knows about crypto currencies.
newbie
Activity: 218
Merit: 0
for me i think 1 day will come all fiat currencies will be lost and only cryptocurrency will remain

I do not think that far, fiat money is replaced with crypto money. But if you see crypto coins getting popular it could happen, fiat money will be replaced with crypto money.
full member
Activity: 197
Merit: 100
for me i think 1 day will come all fiat currencies will be lost and only cryptocurrency will remain
maybe,someday will come all fiat currencies will be lost and crytocurrency will stay,who knows.well, if that is happening it is very advantage to us because we have already a bitcoin.but what happen to the government then?maybe its chaos.will looking forward for what is happening in the near future.
legendary
Activity: 1120
Merit: 1000
for me i think 1 day will come all fiat currencies will be lost and only cryptocurrency will remain
This is evident that bitcoin has come a long way since it has begun and has reached immense heights of success and popularity among people and it has lead to increased users through out the world. But still I don’t think that bitcoin will be able to replace fiat currency. Because firstly, fiat currency is way more popular than bitcoins and also has many many more users through out the world. Secondly, fiat currency is a stable form of currency and its value does not fluctuate often whereas bitcoin is not a stable currency therefore its value fluctuate a lot.
jr. member
Activity: 64
Merit: 5
Untill now speculation again, it has never known what bitcoin really is and how far it cab be. Bitcoin history say like this,,, Bitcoin is pretty much like cash for the internet. And they said again like this,, Bitcoin can also be seen as the most prominent triple entry bookkeeping system in existence. It obvious that the bitcoin exchange is too vaque for the fiat money..
legendary
Activity: 2954
Merit: 1155
Leading Crypto Sports Betting & Casino Platform
for me i think 1 day will come all fiat currencies will be lost and only cryptocurrency will remain
that is what you think, but in fact government wouldn't let their fiat dissapear or not used by people. for now bitcoin get banned from several countries and even for payment, it is hard to use it for now
full member
Activity: 350
Merit: 100
for me i think 1 day will come all fiat currencies will be lost and only cryptocurrency will remain

What makes you think it will happen? with the fact that, some countries do not accept and prohibit bitcoin activity. I am just pessimistic this can happen. although currently, bitcoin is still unfamiliar to some people.
newbie
Activity: 52
Merit: 0
For now, I think BTC can not replace the status of legal tender. First, not every country allows BTC trading. And the price of BTC is not stable, I think you will certainly not be willing to buy a pizza today, a BTC, a BTC can buy a house tomorrow, is not it?
full member
Activity: 294
Merit: 125
for me i think 1 day will come all fiat currencies will be lost and only cryptocurrency will remain

This will not happen. Fiat currency will stay there and maybe a digital fiat currency will be created for fast transaction and ease of access.

crypto currency such as bitcoin will also stay but not as a currency. bitcoin will be a medium for storage of great wealth.
full member
Activity: 278
Merit: 100
Blockchain technology will change the entire financial market in the future, as a representative of the blockchain technology bitcoin will be increasingly welcomed.
legendary
Activity: 1120
Merit: 1000
for me i think 1 day will come all fiat currencies will be lost and only cryptocurrency will remain
This is evident that bitcoin has come a long way since it has begun and has reached immense heights of success and popularity among people and it has lead to increased users through out the world. But still I don’t think that bitcoin will be able to replace fiat currency. Because firstly, fiat currency is way more popular than bitcoins and also has many many more users through out the world. Secondly, fiat currency is a stable form of currency and its value does not fluctuate often whereas bitcoin is not a stable currency therefore its value fluctuate a lot.
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