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the growth will only be fueled by the adoption of bitcoin and businesses being opened with bitcoin, so with this said, it is a community effort to get everyone involved and be a part of the economy. We need more businesses and less speculators.
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The bottom line is, money is about power. Recent history has demonstrated terrible abuses by those entrusted with much of those powers. Maybe through no fault of their own but just the centralised nature of the system they inherited and their own individual weaknesses and greedy responses to the situations they found themselves in. Hopefully the new wealthy elite will act more responsibly ... (hops in the boat off to "The Island" ... outta here. )
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I have no idea what that means...
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I think bitcoin can change the world but not as it thinks because there are still many countries that also have not received bitcoin as digital currency will they fear if this happens because bitcoin can change everything.
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it is possible that many bitcoins can change our country so it is better to have bitcoin make our world and nation better than just bitcoin.
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I don't think Bitcoin will replace fiat but it should have a place in the economy. I believe that it will have several uses including a store of value, a method of payment, and a way to send money.
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Some country are start to believe bitcoin and use it such as fiat. Also bitcoin was regulated by financial service agency in japan. Not only japan luxemburg is recognize bitcoin too, they allow bitcoin giant stock exchange in their country. So I think if big country like that was accept bitcoin, it is mean bitcoin have a big chance to be future of money and replace fiat. Then paper money will be useless.
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