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Author Topic: Do You Think Bitcoin Will Replace Dollar Soon?  (Read 417149 times)
sobsitesearch
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October 09, 2016, 11:06:04 AM
 #1901

Coinbase CEO believes bitcoin will replace dollar within 15 years.

Read the following news:
http://cointelegraph.com/news/114983/coinbase-ceo-bitcoin-will-replace-dollar-within-15-years

Do you think it will be true? Are you positive towards bitcoin's future status?
Well USD dollar will never replace bitcoin as the main currency of the united states even there are more users who uses bitcoin in there country bitcoin is always depending on the usd dollar so it has a price but if usd dollar will be dead probably the bitcoin will be dead as well soon and the future of bitcoin has big difference

If the bitcoin is used widely in other countries, the American people will also use the bitcoin a lot. It will take some time though.
True but American people now are using bitcoin for there daily expenses i think there are some or few online store that accepting bitcoin as a payment and they adopting it so that they could use it into another shop also hopeso that bitcoin can be use worldwide and it can be a currency too
Dollar is the main currency in the US and it would much usable to them and bitcoin is just alternative currency that not all people can use since not all people in the world can access it online. We should always consider the status of every people in each country.
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October 09, 2016, 12:23:15 PM
 #1902

I am not sure . dollar and fiat currencies still has its own strength. I think bitcoin and the dollar could together build a system in the world economy. dollar became the main media in the real world and bitcoin as the main currency in the digital world.
springgers
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October 09, 2016, 01:30:23 PM
 #1903

Coinbase CEO believes bitcoin will replace dollar within 15 years.

Read the following news:
http://cointelegraph.com/news/114983/coinbase-ceo-bitcoin-will-replace-dollar-within-15-years

Do you think it will be true? Are you positive towards bitcoin's future status?
Well USD dollar will never replace bitcoin as the main currency of the united states even there are more users who uses bitcoin in there country bitcoin is always depending on the usd dollar so it has a price but if usd dollar will be dead probably the bitcoin will be dead as well soon and the future of bitcoin has big difference

If the bitcoin is used widely in other countries, the American people will also use the bitcoin a lot. It will take some time though.
True but American people now are using bitcoin for there daily expenses i think there are some or few online store that accepting bitcoin as a payment and they adopting it so that they could use it into another shop also hopeso that bitcoin can be use worldwide and it can be a currency too

Some stats started to ban Bitcoin in USA, so Bitcoin will never replace dollar or any other currency since governments rules we all.

There's only one place for Bitcoin: the internet!
goinmerry
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October 09, 2016, 02:18:46 PM
 #1904

Even if it goes down in terms of value I doubt they will change it. It is like preservation of their history. Maybe they will just find another way to make USD stronger again. It can be done for they have a lot to export and can do some deals with other countries.
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October 09, 2016, 03:19:19 PM
 #1905

I think both currencies remain. Bitcoin will occupy a niche and a centralized currency - its. There are many opponents of Bitcoin. Even at the government level. Therefore, Bitcoin does not take the place of the dollar

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dollarneed
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October 09, 2016, 03:28:53 PM
 #1906

Even if it goes down in terms of value I doubt they will change it. It is like preservation of their history. Maybe they will just find another way to make USD stronger again. It can be done for they have a lot to export and can do some deals with other countries.
As long as the government have the power there is no opportunity for bitcoin, there is no way for them to accept decentralized currency like bitcoin as an official currency and replaced the dollar, since they cant control it, however the government and bank are interested with technology behind bitcoin the blockchain, it possible for them to adopt it in order to change their traditional system.
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October 09, 2016, 07:06:21 PM
 #1907

Coinbase CEO believes bitcoin will replace dollar within 15 years.

Read the following news:
http://cointelegraph.com/news/114983/coinbase-ceo-bitcoin-will-replace-dollar-within-15-years

Do you think it will be true? Are you positive towards bitcoin's future status?
Well USD dollar will never replace bitcoin as the main currency of the united states even there are more users who uses bitcoin in there country bitcoin is always depending on the usd dollar so it has a price but if usd dollar will be dead probably the bitcoin will be dead as well soon and the future of bitcoin has big difference

If the bitcoin is used widely in other countries, the American people will also use the bitcoin a lot. It will take some time though.
True but American people now are using bitcoin for there daily expenses i think there are some or few online store that accepting bitcoin as a payment and they adopting it so that they could use it into another shop also hopeso that bitcoin can be use worldwide and it can be a currency too
Dollar is the main currency in the US and it would much usable to them and bitcoin is just alternative currency that not all people can use since not all people in the world can access it online. We should always consider the status of every people in each country.
let it go a hope to see bitcoin replacing dollar, it will not coming true. but because with bitcoin we can access by online it will worth for used as a alternative currency.

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October 09, 2016, 07:15:53 PM
 #1908

I am not sure . dollar and fiat currencies still has its own strength. I think bitcoin and the dollar could together build a system in the world economy. dollar became the main media in the real world and bitcoin as the main currency in the digital world.

Dollar is only depending on the petro-dollar system and once it falls, dollar may collapse. it is just a matter of time before that happen. but bitcoin wont replace it. a new fiat currency will emerge and people will trust it again
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October 10, 2016, 04:07:17 AM
 #1909

I am not sure . dollar and fiat currencies still has its own strength. I think bitcoin and the dollar could together build a system in the world economy. dollar became the main media in the real world and bitcoin as the main currency in the digital world.

Dollar is only depending on the petro-dollar system and once it falls, dollar may collapse. it is just a matter of time before that happen. but bitcoin wont replace it. a new fiat currency will emerge and people will trust it again

I think that is not possible for the people are going to keep on using dollar as they are able to use it for a long time until now.

And it is going to be a culture shock if the government is able to replace the use of dollar immediately.

Because not all the persons who uses dollar will able to use bitcoin immediately if that is going to be implemented.

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pocarime32
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October 10, 2016, 04:11:49 AM
 #1910

I don't think so, it will takes a long time for bitcoin to replace the dollar. Dollar is already popular since a long time and to replace it, bitcoin need something new and bitcoin to make more people to use bitcoins.
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October 10, 2016, 05:22:00 AM
 #1911

I don't think so, it will takes a long time for bitcoin to replace the dollar. Dollar is already popular since a long time and to replace it, bitcoin need something new and bitcoin to make more people to use bitcoins.
It will not take a long time because it will never happen, bitcoin is just a small amount of currency in overall and that can be proven by the number of users of bitcoin, being a small community but growing we have a great chance to be successful in the future but it can never replace dollar.

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saiha
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October 10, 2016, 02:39:31 PM
 #1912

I don't think so, it will takes a long time for bitcoin to replace the dollar. Dollar is already popular since a long time and to replace it, bitcoin need something new and bitcoin to make more people to use bitcoins.
It will not take a long time because it will never happen, bitcoin is just a small amount of currency in overall and that can be proven by the number of users of bitcoin, being a small community but growing we have a great chance to be successful in the future but it can never replace dollar.


I do believe that it is not going to happen that bitcoin will replace dollar. Because as we know people are always relying to the fiat money as with dollars do.
 
The world needs to be educated first about bitcoin before we are going to have assurance that bitcoin is going to replace dollar.

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October 10, 2016, 03:19:59 PM
 #1913

i don't think so because until now, the government still not make any decision about bitcoin is legal or not and we can still use bitcoin but with our own risk. maybe in future bitcoin can replace dollar, but its only my prediction. i only hope that the price of bitcoin will be increase  Grin
randy8777
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October 10, 2016, 03:35:46 PM
 #1914

i don't think so because until now, the government still not make any decision about bitcoin is legal or not and we can still use bitcoin but with our own risk. maybe in future bitcoin can replace dollar, but its only my prediction. i only hope that the price of bitcoin will be increase  Grin

there is no need to think about this. governments will never allow something to take over that is capable of bringing their economy in danger. they will never allow bitcoin to come close to banks or any other fiat currency. at that moment governments will come in action to push bitcoin back as far as possible.
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October 10, 2016, 03:43:27 PM
 #1915

i don't think so because until now, the government still not make any decision about bitcoin is legal or not and we can still use bitcoin but with our own risk. maybe in future bitcoin can replace dollar, but its only my prediction. i only hope that the price of bitcoin will be increase  Grin

yeah and people are so used to using paper dollar their entire lives that other alternatives would be unpopular and not easily accepted. it's possible in the near future that more people would be using bitcoin but not to the point that paper dollar will be replaced by it

 
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October 10, 2016, 03:45:39 PM
 #1916

i hope that a time will come when bitcoin will replace Dollar but not so soon.
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October 10, 2016, 04:21:19 PM
 #1917

i hope that a time will come when bitcoin will replace Dollar but not so soon.

I think it will but like you said not so soon. Oh and there is a low percentage that it will be bitcoin. I think it will be another currency or they will adapt with their allied countries to build a one currency for their own benefit.
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October 10, 2016, 04:23:45 PM
 #1918

i hope that a time will come when bitcoin will replace Dollar but not so soon.

I think it will but like you said not so soon. Oh and there is a low percentage that it will be bitcoin. I think it will be another currency or they will adapt with their allied countries to build a one currency for their own benefit.

I agree with you. If the Dollar is replaced, it will indeed be by a one currency that suits their benefit. Though it is also easy for us then, and then Btc will always be there as a secondary option. Nothing to be afraid about at this point IMO
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October 10, 2016, 04:35:33 PM
 #1919

i hope that a time will come when bitcoin will replace Dollar but not so soon.

I think it will but like you said not so soon. Oh and there is a low percentage that it will be bitcoin. I think it will be another currency or they will adapt with their allied countries to build a one currency for their own benefit.

I agree with you. If the Dollar is replaced, it will indeed be by a one currency that suits their benefit. Though it is also easy for us then, and then Btc will always be there as a secondary option. Nothing to be afraid about at this point IMO
Don't expect or dream that usd will be replace by bitcoin since bitcoin are use only for online payment not for local payment..
If usd will gone euro is there and they can replace it..
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October 10, 2016, 04:42:17 PM
 #1920

Coinbase CEO believes bitcoin will replace dollar within 15 years.

Read the following news:
http://cointelegraph.com/news/114983/coinbase-ceo-bitcoin-will-replace-dollar-within-15-years

Do you think it will be true? Are you positive towards bitcoin's future status?

I am sure that it will be replaced by bitcoin, but i am sure that it won't happen soon as currency changes like that ( to crypto ) is not going to happen anytime soon

 
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