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Author Topic: Do You Think Bitcoin Will Replace Dollar Soon?  (Read 417149 times)
Jmild1
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June 12, 2016, 10:03:52 AM
 #1541

I don't know but at my opinion that USA will not replace dollar, cause bitcoin is very hard to control and it's not profitable for USA goverment. Bitcoin is solo currency.
This is not about favorable or not to the government. but the government will always protect the dollar no matter what happens. the government will retain their local currency from foreign currency entering. it will be done by all governments


Governments or institutions will really do try to protect their interest for their individual currency's because it is where they keep the government in control of their jurisdiction.
This will require a bloody talk and decision before it's going to happen. Government's interest is contradictory with bitcoins safetiness which is anonymity. This will make government unable to observe and control people's money.
According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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June 12, 2016, 12:59:04 PM
 #1542

i think it will have its own recognition and it will have a new name if accounted buy the government.

Bitcoin is now efficiently replacing dollar in online world, so it is a possibility that it will replace bitcoin, but you are also true that it will have its own recognition but it will remain bitcoin and people will like only the name 'bitcoin' for it.
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June 13, 2016, 03:54:54 AM
 #1543

i think it will have its own recognition and it will have a new name if accounted buy the government.

Bitcoin is now efficiently replacing dollar in online world, so it is a possibility that it will replace bitcoin, but you are also true that it will have its own recognition but it will remain bitcoin and people will like only the name 'bitcoin' for it.
Bitcoin will not replace dollar because dollar has been use by the masses because it is required by the government and it was govern with the law of a state. If we will replace dollar with bitcoins that would be possible but it takes a lot of time for transition as bitcoins is a little bit complicated for less educated people.
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June 13, 2016, 09:26:51 AM
 #1544

i think it will have its own recognition and it will have a new name if accounted buy the government.
Once it has change its name to something, then bitcoin will never be known as one of the greatest digital currency we had, whenever government tried to own this coin I hope they shouldn't change name of it so that its legitimacy still stay.
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June 13, 2016, 09:27:50 AM
 #1545

i think it will have its own recognition and it will have a new name if accounted buy the government.

Bitcoin is now efficiently replacing dollar in online world, so it is a possibility that it will replace bitcoin, but you are also true that it will have its own recognition but it will remain bitcoin and people will like only the name 'bitcoin' for it.
Paypal is still the most used form of payment in online world. So its not replacing fiat yet. Unless if you see types of payment accopanied with bitcoin then you can say it
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June 13, 2016, 09:37:04 AM
 #1546

i think it will have its own recognition and it will have a new name if accounted buy the government.

Bitcoin is now efficiently replacing dollar in online world, so it is a possibility that it will replace bitcoin, but you are also true that it will have its own recognition but it will remain bitcoin and people will like only the name 'bitcoin' for it.
Paypal is still the most used form of payment in online world. So its not replacing fiat yet. Unless if you see types of payment accopanied with bitcoin then you can say it

Sir I think double posting is not allowed. Better be careful with that.

In the world wide web, Yes, bitcoin is now getting the most popular ad in the world. Many are changing the way they pay and other stuffs.
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June 13, 2016, 11:16:31 AM
 #1547

i think it will have its own recognition and it will have a new name if accounted buy the government.

Bitcoin is now efficiently replacing dollar in online world, so it is a possibility that it will replace bitcoin, but you are also true that it will have its own recognition but it will remain bitcoin and people will like only the name 'bitcoin' for it.

Yeah right. Changing its name might get people confused, not a very clever thing to do it might also bring down its user because of the name change. Better let it stay at its name for it is becoming popular already.

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June 13, 2016, 12:21:56 PM
 #1548

Bitcoin will never replace dollar. Many people in the world already know about dollar and it's popular. In the other hand, bitcoin have not much popular like dollar.
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June 13, 2016, 12:35:06 PM
 #1549

Bitcoin will never replace dollar. Many people in the world already know about dollar and it's popular. In the other hand, bitcoin have not much popular like dollar.

Bitcoin will be more popular in future but it can never take place of dollar for sure, bitcoin is too small at a moment in compare to dollar.
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June 13, 2016, 01:17:13 PM
 #1550

Bitcoin will never replace dollar. Many people in the world already know about dollar and it's popular. In the other hand, bitcoin have not much popular like dollar.
For most of people bitcoin is like gold or invest in stock market that they can do investment using it or it is a digital currency for the web and they are completely different things.

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Altcoinsupporter
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June 13, 2016, 02:27:54 PM
 #1551

That will not happen and that is because you can see now that Bitcoin is becoming more used but it wont reach that high value and that it will replace Dollar.
There are still a lot of people that is still using Dollar as their payment method so that will takes a long time to replace it.
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June 13, 2016, 02:34:29 PM
 #1552

Off course will the bitcoin never ever replace overrule or anithing else with the dollar because everyone is using the dollar z\and not everyone is using the bitcoin so i would say dont think about that.
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June 13, 2016, 03:03:17 PM
 #1553

i dont think that would ever happen how do you think that the bitcoin will replace the dollar as the bitcoin exist out of dollars that is where you did not think about yet. So it is a bit of a stupid question be honest.
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June 13, 2016, 03:03:19 PM
 #1554

Do you actually think that the bitcoin can replace something where he exist about i dont think you are a very clever person how can you imagine this if you dont tought about it by your self.
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June 13, 2016, 03:07:47 PM
 #1555

That will not happen and that is because you can see now that Bitcoin is becoming more used but it wont reach that high value and that it will replace Dollar.
There are still a lot of people that is still using Dollar as their payment method so that will takes a long time to replace it.
I think bitcoin with its current form will never become a replacement of dollar since they have different applications.

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June 13, 2016, 03:19:56 PM
 #1556

i dont think that would ever happen how do you think that the bitcoin will replace the dollar as the bitcoin exist out of dollars that is where you did not think about yet. So it is a bit of a stupid question be honest.

if we see growing bitcoin at this month, i think bitcoin have big chance to replace dollar, no other currency can replace it except chinese.
just my opinion, chinese have 40% to replace dollar bitcoin 35% and other currency 25%
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June 13, 2016, 03:52:20 PM
 #1557

Do you actually think that the bitcoin can replace something where he exist about i dont think you are a very clever person how can you imagine this if you dont tought about it by your self.
I actually feel if the price is stable bitcoin is indeed possible, but the current price of bitcoin is growing and continues to rise, I feel bitcoin will become something more valuable than a dollar a day

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FabioDelcatto
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June 13, 2016, 03:58:34 PM
 #1558

I honestly do not think this is gonna happen the bitcoin is way too small and the dollar is also too big.
There are just so much people/company's depending on the dollar.
RobinHoodster
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June 13, 2016, 06:17:53 PM
 #1559

This can happen on a long term but I do not think the bitcoin will succeed in this due to the fact that the bitcoin itself is depending on the dollar right now..
socks435
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June 13, 2016, 06:29:03 PM
 #1560

This can happen on a long term but I do not think the bitcoin will succeed in this due to the fact that the bitcoin itself is depending on the dollar right now..
According to other said its impossible to happeb bitcoin is just a digital currency taht you can only use in online shoping payment online.. unlke dollar anytime you can use it all over the world.. so its impossible bitcoin will replace usd..

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