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Author Topic: Do You Think Bitcoin Will Replace Dollar Soon?  (Read 417149 times)
freedomgo
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October 11, 2016, 08:11:16 AM
 #1941

It seems too hard bitcoin will replace dollar
Dollar is currency of a county and it's accept in the world
I don't think bitcoin will replace dollar.

It is not just a currency of a country, but it is a currency of countries, it is used widely in the world which is the biggest reason of not getting replaced because bitcoin is too young right now and it did not reach every corner of the world but dollar has reached almost every corner of the world and it is used by everyone so replacing it would really be the biggest challenge ever for bitcoin which is near impossible.
Bitcoin has all the potential to be a successful international currency but there's a low chances it can survive due to the fact that our government will still choose to have their own currency being use than an anonymous one, it will remain as a substitute currency but never will become a main currency.

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October 11, 2016, 02:30:03 PM
 #1942

It seems too hard bitcoin will replace dollar
Dollar is currency of a county and it's accept in the world
I don't think bitcoin will replace dollar.

It is not just a currency of a country, but it is a currency of countries, it is used widely in the world which is the biggest reason of not getting replaced because bitcoin is too young right now and it did not reach every corner of the world but dollar has reached almost every corner of the world and it is used by everyone so replacing it would really be the biggest challenge ever for bitcoin which is near impossible.

The dollar has the might of the US economy and the US army behind it.
Replacing it won't be easy.  Wink
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October 11, 2016, 09:15:55 PM
 #1943

may be a time will come when bitcoin will really replace bitcoin and then all the people of the world will be using bitcoin instead of USD or any other currency, but i think that it is not so easy and it will take some generation to pass and only then may be all the people of the world will be using bitcoin.
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October 11, 2016, 09:45:12 PM
 #1944

may be a time will come when bitcoin will really replace bitcoin and then all the people of the world will be using bitcoin instead of USD or any other currency, but i think that it is not so easy and it will take some generation to pass and only then may be all the people of the world will be using bitcoin.

Well thats possible but not likely in the years to come. I dont think the dollar can be replaced as the main currency in this generation nor the next. Bitcoin maybe recognized globally but i think it will have a very difficult time to replace the dollar currency


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October 11, 2016, 10:09:00 PM
 #1945

may be a time will come when bitcoin will really replace bitcoin and then all the people of the world will be using bitcoin instead of USD or any other currency, but i think that it is not so easy and it will take some generation to pass and only then may be all the people of the world will be using bitcoin.

Well thats possible but not likely in the years to come. I dont think the dollar can be replaced as the main currency in this generation nor the next. Bitcoin maybe recognized globally but i think it will have a very difficult time to replace the dollar currency
yes and not even in decades because still a very little number of people know about bitcoin, they just need some more and more time that most of the people know about bitcoin and start using it.
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October 12, 2016, 03:10:33 AM
 #1946

may be a time will come when bitcoin will really replace bitcoin and then all the people of the world will be using bitcoin instead of USD or any other currency, but i think that it is not so easy and it will take some generation to pass and only then may be all the people of the world will be using bitcoin.

Well thats possible but not likely in the years to come. I dont think the dollar can be replaced as the main currency in this generation nor the next. Bitcoin maybe recognized globally but i think it will have a very difficult time to replace the dollar currency
yes and not even in decades because still a very little number of people know about bitcoin, they just need some more and more time that most of the people know about bitcoin and start using it.
It is too early to tell that bitcoin will replace dollars because as you have said we are still a small community with a small population, we cannot be expecting to progress very fast as not all people also are into digital currencies, they are comfortable with using fiat as they have security using it.
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October 12, 2016, 05:12:50 AM
 #1947

To replace the dollar I think it's highly unlikely because the currency will be needed anytime soon. But in order to facilitate the transaction or a new transaction method that will exist in the future it might happen. I believe the development of digital currency will be very great in the future so that there will be a new trend. But it was not meant to replace the dollar or other currencies.
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October 12, 2016, 05:23:14 AM
 #1948

may be a time will come when bitcoin will really replace bitcoin and then all the people of the world will be using bitcoin instead of USD or any other currency, but i think that it is not so easy and it will take some generation to pass and only then may be all the people of the world will be using bitcoin.

Well thats possible but not likely in the years to come. I dont think the dollar can be replaced as the main currency in this generation nor the next. Bitcoin maybe recognized globally but i think it will have a very difficult time to replace the dollar currency

Exactly, though bitcoin has got the potential to get global but it would still not be able to replace dollar as if it gets global then it will make its own name in the world and people will know it for that but not for replacing dollar or any other currency.
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October 13, 2016, 09:01:56 PM
 #1949

may be a time will come when bitcoin will really replace bitcoin and then all the people of the world will be using bitcoin instead of USD or any other currency, but i think that it is not so easy and it will take some generation to pass and only then may be all the people of the world will be using bitcoin.

Well thats possible but not likely in the years to come. I dont think the dollar can be replaced as the main currency in this generation nor the next. Bitcoin maybe recognized globally but i think it will have a very difficult time to replace the dollar currency

Exactly, though bitcoin has got the potential to get global but it would still not be able to replace dollar as if it gets global then it will make its own name in the world and people will know it for that but not for replacing dollar or any other currency.
Its already global, actually universal
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October 14, 2016, 02:30:25 AM
 #1950

may be a time will come when bitcoin will really replace bitcoin and then all the people of the world will be using bitcoin instead of USD or any other currency, but i think that it is not so easy and it will take some generation to pass and only then may be all the people of the world will be using bitcoin.

Well thats possible but not likely in the years to come. I dont think the dollar can be replaced as the main currency in this generation nor the next. Bitcoin maybe recognized globally but i think it will have a very difficult time to replace the dollar currency

Exactly, though bitcoin has got the potential to get global but it would still not be able to replace dollar as if it gets global then it will make its own name in the world and people will know it for that but not for replacing dollar or any other currency.
Its already global, actually universal
Bitcoin has been recognize already all over the world and though we have not achieve yet the massive adoption but the fact that we are being recognize and we are growing as a community, in the future we can achieve massive adoption which will make bitcoin the most dominant digital currency online.
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October 14, 2016, 03:34:09 AM
 #1951

if I have to be honest, I do not think that the bitcoin will ever do this anytime soon but I also think that it will never happen, its just too much to ask from the bitcoin.
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October 14, 2016, 05:12:10 AM
 #1952

if I have to be honest, I do not think that the bitcoin will ever do this anytime soon but I also think that it will never happen, its just too much to ask from the bitcoin.

No doubt about that, thinking about bitcoin to change dollar is a day dream... It won't happen, besides, there's a lot in the line to replace dollar like euro and other currencies that are strong... Maybe in online it is possible that it could replace other methods to pay...  Smiley
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October 14, 2016, 05:17:48 AM
 #1953

if I have to be honest, I do not think that the bitcoin will ever do this anytime soon but I also think that it will never happen, its just too much to ask from the bitcoin.

that's for sure. Too different opinions people have about Bitcoin. He can not become a substitute for a full-fledged currency

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October 14, 2016, 05:30:55 AM
 #1954

if I have to be honest, I do not think that the bitcoin will ever do this anytime soon but I also think that it will never happen, its just too much to ask from the bitcoin.

that's for sure. Too different opinions people have about Bitcoin. He can not become a substitute for a full-fledged currency
I think bitcoin and dollar can not complete each other since bitcoin is decentralize currency and dollar is centralized currency, bitcoin is good in online transactions while dollar is for daily expenses.
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October 14, 2016, 05:55:50 AM
 #1955

i think bitcoin cannot replace Dollar so soon, as dollar is on the most popular and stable currency of the world therefore it is not so easy that bitcoin will replace bitcoin so soon, i think it will really take decades as bitcoin is not still so much popular and is not used by all people of the world.
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October 14, 2016, 06:03:58 AM
 #1956

if I have to be honest, I do not think that the bitcoin will ever do this anytime soon but I also think that it will never happen, its just too much to ask from the bitcoin.

that's for sure. Too different opinions people have about Bitcoin. He can not become a substitute for a full-fledged currency
I think bitcoin and dollar can not complete each other since bitcoin is decentralize currency and dollar is centralized currency, bitcoin is good in online transactions while dollar is for daily expenses.
They are comfortable in the sense that they can work together to make this world a better place to live, without dollar or fiat bitcoin is nothing because our value relies solely on fiat, so if someone is saying that bitcoin might replace the dollar soon, it is just tantamount to saying bitcoin will die soon.

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October 14, 2016, 01:50:53 PM
 #1957

if I have to be honest, I do not think that the bitcoin will ever do this anytime soon but I also think that it will never happen, its just too much to ask from the bitcoin.

that's for sure. Too different opinions people have about Bitcoin. He can not become a substitute for a full-fledged currency
I think bitcoin and dollar can not complete each other since bitcoin is decentralize currency and dollar is centralized currency, bitcoin is good in online transactions while dollar is for daily expenses.
They are comfortable in the sense that they can work together to make this world a better place to live, without dollar or fiat bitcoin is nothing because our value relies solely on fiat, so if someone is saying that bitcoin might replace the dollar soon, it is just tantamount to saying bitcoin will die soon.

Exactly and  i strongly agree with you, if  dollar would  be  replace  by bitcoin it means  fiat  currency value depleted and  we should think that where do bitcoin rely on its  value? Its  in currency/fiat right? And how  we could say that this thing  would  happen? As you said bitcoin relies  on the value  of it on  fiat which means  it cant be replaced anytime soon.

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October 14, 2016, 01:53:39 PM
 #1958

if I have to be honest, I do not think that the bitcoin will ever do this anytime soon but I also think that it will never happen, its just too much to ask from the bitcoin.

that's for sure. Too different opinions people have about Bitcoin. He can not become a substitute for a full-fledged currency
I think bitcoin and dollar can not complete each other since bitcoin is decentralize currency and dollar is centralized currency, bitcoin is good in online transactions while dollar is for daily expenses.
They are comfortable in the sense that they can work together to make this world a better place to live, without dollar or fiat bitcoin is nothing because our value relies solely on fiat, so if someone is saying that bitcoin might replace the dollar soon, it is just tantamount to saying bitcoin will die soon.

Exactly and  i strongly agree with you, if  dollar would  be  replace  by bitcoin it means  fiat  currency value depleted and  we should think that where do bitcoin rely on its  value? Its  in currency/fiat right? And how  we could say that this thing  would  happen? As you said bitcoin relies  on the value  of it on  fiat which means  it cant be replaced anytime soon.

Yeah very smart thinking. Indeed a bitcoin can never replace a fiat because fiat is the currency in which all people are already using it and it's something that's very high risk for the growth of the bitcoin. For if this is too forced, it will give a bad influence, such as deceleration bitcoin and disruption of security system also bitcoin
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October 14, 2016, 02:00:34 PM
 #1959

i think no bitcoin is not going to replace Dollar so soon,  as still a very little number of people are using bitcoin and most of the people are still depending on Dollar therefore it is not possible that bitcoin will replace Dollar so soon.
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October 14, 2016, 02:51:04 PM
 #1960

if I have to be honest, I do not think that the bitcoin will ever do this anytime soon but I also think that it will never happen, its just too much to ask from the bitcoin.

The most are thinking this and I agree about this because I think its not possible, the dollar is way more used and another fact is that the bitcoin is also depending on the dollar market right now, when this will not be the fact anymore it got a small chance.

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