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gabmen
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November 25, 2016, 08:08:39 AM |
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Fiat currency will definitely be replaced within 15 years in my opinion. However, is it going to be a cryptocurrency or something else will come out and replace cryptocurrency? Is that cryptocurrency going to be Bitcoin? There is definitely a chance. That chance would be something that insurance companies bet their money on. I agree that paper money will be replaced but 15 years is not too long cause I believe that it will make a huge impact to people if this process is taken quickly so it must be taken bit by bit so that people can adopt properly . The chances are likely cryptocurrency will be the one to replace paper money cause among all other kinds of currencies, Cryptocurrecies is definitely in the top basing on its progress . Well i don't know about 15 years though. A lot of poor countries still do not have decent online access so it would be hard for crypto to reach those areas. Also i think in 15 years we would still have fiat as the main mode of currency but definitely crypto would already pose a challenge to fiat during in that time |
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arseaboy
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November 25, 2016, 04:00:12 PM |
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Fiat currency will definitely be replaced within 15 years in my opinion. However, is it going to be a cryptocurrency or something else will come out and replace cryptocurrency? Is that cryptocurrency going to be Bitcoin? There is definitely a chance. That chance would be something that insurance companies bet their money on. I agree that paper money will be replaced but 15 years is not too long cause I believe that it will make a huge impact to people if this process is taken quickly so it must be taken bit by bit so that people can adopt properly . The chances are likely cryptocurrency will be the one to replace paper money cause among all other kinds of currencies, Cryptocurrecies is definitely in the top basing on its progress . Well i don't know about 15 years though. A lot of poor countries still do not have decent online access so it would be hard for crypto to reach those areas. Also i think in 15 years we would still have fiat as the main mode of currency but definitely crypto would already pose a challenge to fiat during in that time It also depend on each countries on how they will resolve the issue of having a good / decent internet access even in their remote areas.. and it also depends on the government if they will adopt crypto currencies as a their main currency.. I think fiat system will not be replaced by bitcoins it will just an alrenative currency to make purchase online. |
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Mastsetad
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November 25, 2016, 04:09:45 PM |
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It also depend on each countries on how they will resolve the issue of having a good / decent internet access even in their remote areas.. and it also depends on the government if they will adopt crypto currencies as a their main currency.. I think fiat system will not be replaced by bitcoins it will just an alrenative currency to make purchase online.
For poor countries, where the government knows that their own currency does not really have a value at all they might adopt bitcoin and announce it as the main currency of their country, but i don't know if how it will be possible as bitcoin cannot be under their control, so how would they manage this thing? |
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crockoo
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November 25, 2016, 06:44:03 PM |
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I am sure that Bitcoin will not be able to replace the dollar. Each of them has its own path and its functions. Bitcoin alternative currency, and many do not know about it. Dollar know everything in all countries
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Gifted
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November 26, 2016, 12:34:33 AM |
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Never. United States Currency is the worlds reserve note. All oil can only be bought with US currency. Other places like Zimbabwe currency is so far hyper inflated that they use The US dollar mostly.
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Natalim
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November 26, 2016, 01:47:02 AM |
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Never. United States Currency is the worlds reserve note. All oil can only be bought with US currency. Other places like Zimbabwe currency is so far hyper inflated that they use The US dollar mostly.
US is a strong country with a strong economy, I guess almost all country accepts dollar and I can say it's dominant. Though in this world, fiat inflate it's value but not so fast with dollars. People has the choice whether to invest their money in bitcoin as we believe it will be big in the future but not to the point that it's going to replace it. |
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goldcoinminer
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November 26, 2016, 06:24:45 AM |
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Never. United States Currency is the worlds reserve note. All oil can only be bought with US currency. Other places like Zimbabwe currency is so far hyper inflated that they use The US dollar mostly.
US is a strong country with a strong economy, I guess almost all country accepts dollar and I can say it's dominant. Though in this world, fiat inflate it's value but not so fast with dollars. People has the choice whether to invest their money in bitcoin as we believe it will be big in the future but not to the point that it's going to replace it. Well, honestly, I do not even understand what comes to the mind of the OP to think that Bitcoin will replace dollar soon. Seems so impossible as at anywhere you go, people are accepting dollars and they even look it greater than their own currency. |
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Ismay
Newbie
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Activity: 39
Merit: 0
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November 27, 2016, 07:19:15 PM |
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Never. United States Currency is the worlds reserve note. All oil can only be bought with US currency. Other places like Zimbabwe currency is so far hyper inflated that they use The US dollar mostly.
US is a strong country with a strong economy, I guess almost all country accepts dollar and I can say it's dominant. Though in this world, fiat inflate it's value but not so fast with dollars. People has the choice whether to invest their money in bitcoin as we believe it will be big in the future but not to the point that it's going to replace it. Well, honestly, I do not even understand what comes to the mind of the OP to think that Bitcoin will replace dollar soon. Seems so impossible as at anywhere you go, people are accepting dollars and they even look it greater than their own currency. There is a very small chance that the bitcoin will repalce the bitcoin as the major reserve currency. That could be decades away. |
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daniahya
Legendary
Offline
Activity: 1932
Merit: 1000
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November 27, 2016, 10:47:48 PM |
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Never. United States Currency is the worlds reserve note. All oil can only be bought with US currency. Other places like Zimbabwe currency is so far hyper inflated that they use The US dollar mostly.
US is a strong country with a strong economy, I guess almost all country accepts dollar and I can say it's dominant. Though in this world, fiat inflate it's value but not so fast with dollars. People has the choice whether to invest their money in bitcoin as we believe it will be big in the future but not to the point that it's going to replace it. Well, honestly, I do not even understand what comes to the mind of the OP to think that Bitcoin will replace dollar soon. Seems so impossible as at anywhere you go, people are accepting dollars and they even look it greater than their own currency. the possibility of the impossible could be a replacement for the dollar, but we don't know the past to come could have happened could have not happened but I think it would not have been possible |
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boyptc
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November 28, 2016, 04:19:47 AM |
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Never. United States Currency is the worlds reserve note. All oil can only be bought with US currency. Other places like Zimbabwe currency is so far hyper inflated that they use The US dollar mostly.
US is a strong country with a strong economy, I guess almost all country accepts dollar and I can say it's dominant. Though in this world, fiat inflate it's value but not so fast with dollars. People has the choice whether to invest their money in bitcoin as we believe it will be big in the future but not to the point that it's going to replace it. Well, honestly, I do not even understand what comes to the mind of the OP to think that Bitcoin will replace dollar soon. Seems so impossible as at anywhere you go, people are accepting dollars and they even look it greater than their own currency. There is a very small chance that the bitcoin will repalce the bitcoin as the major reserve currency. That could be decades away. It cannot replace dollar on its place but it can be consider good as a second currency or alternative for dollar. But in reality speaking, this is going to be an impossible thing that the government will allow this to happen and will let bitcoin to fully take over the whole financing system and going to be used a primary currency for the whole world. |
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Boss CJ
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November 28, 2016, 04:23:53 AM |
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I think that bitcon cannot replace dollar. Bitcoin will just increase it's value and can be add as one of global currency but not to replace dollar. I doubt about it. Am sure America will not agree with that.
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freedomgo
Legendary
Offline
Activity: 3094
Merit: 1144
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November 28, 2016, 04:32:55 AM |
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I think that bitcon cannot replace dollar. Bitcoin will just increase it's value and can be add as one of global currency but not to replace dollar. I doubt about it. Am sure America will not agree with that.
It can't dollar is a big currency from a big country, we will always be an alternative and we cannot have our own value without fiat. |
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carlerha
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November 28, 2016, 04:34:11 AM |
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I am sure that Bitcoin will not be able to replace the dollar. Each of them has its own path and its functions. Bitcoin alternative currency, and many do not know about it. Dollar know everything in all countries
yes that can be right to say as USD is one of the most popular currency of the world and is one of the most stable currency of all all other currencies therefore i think it is not such an easy task for bitcoin to replace USD, it can only become possible if all the people of the world reject USD and start using bitcoin. |
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danherbias07
Legendary
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Activity: 3122
Merit: 1119
Leading Crypto Sports Betting & Casino Platform
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November 28, 2016, 05:30:03 AM |
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I think that bitcon cannot replace dollar. Bitcoin will just increase it's value and can be add as one of global currency but not to replace dollar. I doubt about it. Am sure America will not agree with that.
It can't dollar is a big currency from a big country, we will always be an alternative and we cannot have our own value without fiat. A good speculation. There is this wall that is blocking the two. We need to consider the law and the rules into making something as a currency, add up the truth that it cannot be easily accepted by the most population and would have doubts if ever the government offered it as an exchange for their own currency. |
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chineseprancing
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November 28, 2016, 05:48:46 AM |
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I do not think that bitcoin can replace dollar in the future because dollar is much usable than bitcoin for more people specially for those people who do not have access in digital currency which is bitcoin.
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diegz
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November 28, 2016, 05:56:56 AM |
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I do not think that bitcoin can replace dollar in the future because dollar is much usable than bitcoin for more people specially for those people who do not have access in digital currency which is bitcoin.
If all the features that dollar have right now, and bitcoin has it all also, then bitcoin will really replace dollar. It is a strong currency and I think it will took a very strong force to take it down. But now, I love to see bitcoin like this, who knows, if it replace dollar, then the next thing that will happen is the centralization, which is against the real idea of bitcoin. |
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sobsitesearch
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November 28, 2016, 06:09:41 AM |
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I do not think that bitcoin can replace dollar in the future because dollar is much usable than bitcoin for more people specially for those people who do not have access in digital currency which is bitcoin.
If all the features that dollar have right now, and bitcoin has it all also, then bitcoin will really replace dollar. It is a strong currency and I think it will took a very strong force to take it down. But now, I love to see bitcoin like this, who knows, if it replace dollar, then the next thing that will happen is the centralization, which is against the real idea of bitcoin. I am not agree that dollar will replace by bitcoin even bitcoin would be centralized currency i think it will be additional currency and no other currency will replace because of strong value of bitcoin. |
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Positid
Sr. Member
Offline
Activity: 378
Merit: 250
BULL RUN until 2030
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November 28, 2016, 06:43:27 AM |
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I do not think that bitcoin can replace dollar in the future because dollar is much usable than bitcoin for more people specially for those people who do not have access in digital currency which is bitcoin.
If all the features that dollar have right now, and bitcoin has it all also, then bitcoin will really replace dollar. It is a strong currency and I think it will took a very strong force to take it down. But now, I love to see bitcoin like this, who knows, if it replace dollar, then the next thing that will happen is the centralization, which is against the real idea of bitcoin. I am not agree that dollar will replace by bitcoin even bitcoin would be centralized currency i think it will be additional currency and no other currency will replace because of strong value of bitcoin. Too early to tell that dollar will replace bitcoin, for me it's not possible to make that happen. The price of bitcoin is increasing and it has a good value now but despite of the reality, it cannot take over the popularity o dollar. It will win remain this way and in the current situation. |
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saiha
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November 28, 2016, 06:57:38 AM |
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I do not think that bitcoin can replace dollar in the future because dollar is much usable than bitcoin for more people specially for those people who do not have access in digital currency which is bitcoin.
If all the features that dollar have right now, and bitcoin has it all also, then bitcoin will really replace dollar. It is a strong currency and I think it will took a very strong force to take it down. But now, I love to see bitcoin like this, who knows, if it replace dollar, then the next thing that will happen is the centralization, which is against the real idea of bitcoin. I am not agree that dollar will replace by bitcoin even bitcoin would be centralized currency i think it will be additional currency and no other currency will replace because of strong value of bitcoin. Too early to tell that dollar will replace bitcoin, for me it's not possible to make that happen. The price of bitcoin is increasing and it has a good value now but despite of the reality, it cannot take over the popularity o dollar. It will win remain this way and in the current situation. And because of Trump's leadership still its early to say that also because the impact of Trump's presidency is a good significance that dollar is becoming stronger. That's why it is going to be hard for bitcoin to replace dollar but it would be easy for dollar to make bitcoins disappear because value of bitcoin is depending to dollar. |
Vires in Numeris
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traderethereum
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November 28, 2016, 07:06:08 AM |
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i think its hard for bitcoin to replace dollar soon because we all know that bitcoin is still young for now, beside that we know the dollar history and its need many thing if bitcoin want to replace dollar and i don't think its could be happen in 5 years until 10 years especially bitcoin is in 7 years from first launching. so maybe not so soon enough but if we can see the number of people which using bitcoin is growing from time to time, then it could be happen for someday.
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