Do You Think Bitcoin Will Replace Dollar Soon?

[costina]

Something all should already know its dollars, fiat its printed money soo they can print unlimited money, bitcoin for other side has a supply limited, and should get less and less coins avaible over the time, being loosing wallets keys or any other way. With this said there is no way to bitcoin replace any currencie, and dollar currently is the currencie present at all transactions over the world.

[JuanSanchezzz]

Bitcoin will only follow the dollar but will not replace the dollar, take the easy example until now there are still many people who make transactions using real money and still have to meet the second party without knowing how to transact via ATM, currently we are discussing about Digital money there will be more People Which will have difficulty in transacting.

[Hhampuz]

Bitcoin will only follow the dollar but will not replace the dollar, take the easy example until now there are still many people who make transactions using real money and still have to meet the second party without knowing how to transact via ATM, currently we are discussing about Digital money there will be more People Which will have difficulty in transacting.

Can't really say that what you are saying is completely true. Sure, Bitcoin does follow the dollar right now but soon enough it will be the other way around. What we are part of is not simply "Digital money". We are part of a revolution unlike any other where we, the people, take full control of our financials and put the power back to where it belongs. I certainly can't wait until the banksters on wall strett stop dictating what I can or can't do with MY hard earned cash. I can't wait until the day we see poor countries truly get the help that they need thanks to Crypto and Blockchain tech. You have to remember that Bitcoin also stops corruption more or less, both within govs. and banks.

I'll make a bold prediction and say that if we continue in the same pace we are today, in 50 years people won't talk about the dollar, or the euro or any other currency. There'll only be crypto and Bitcoin will be the at the helm.

[Oggy Pogi]

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?

Nope. I very doubt government will want to relinquish control...

As a sub currency it could gain mainstream use but i think there will be much blood before BTC replace the Dollar.

I dont think so, I mean never dollar was set to be a fiat used in every country for essential transactions and tradings for the past century and I think it will not be implemented worldwide due to the fact the bitcoin is just making it name and it will run many more years to be officially established in different countries worldwide and becor it may happen someone must fund a free and international wifi for transactions.

[doomloop]

I think it is not replace the dollar for bitcoin. Beacuse dollar is a national money, it is very valuable, we know that bitcoin is a very valuable coin. But this coin is not approve in the other country this is the reason does not replace the dollar.

It could be true that the value of the dollar is higher than the bitcoin because bitcoin is not legalized yet but the dollar is the money of a country but! Mate, if we look at the price and the benefit of it we will be able to see that bitcoin is more valuable than the dollar because dollar is just the money but bitcoin is the investment and the saving as well it can make you feel secure for your coming days and soon it will be legalize too.

[bhabygrim]

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 don't think that the government would allow cryptocurrency to replace any fiat money. If this happen, government will not be able to govern their currency, which would most likely the government will not like. Government always wants control, especially when you talk about money.

[Shomeare1932]

Not before long... Simply because the technological innovation is even now fairly younger and we want much more adopters.

[cotton ball]

I think it is not replace the dollar for bitcoin. Beacuse dollar is a national money, it is very valuable, we know that bitcoin is a very valuable coin. But this coin is not approve in the other country this is the reason does not replace the dollar.

It could be true that the value of the dollar is higher than the bitcoin because bitcoin is not legalized yet but the dollar is the money of a country but! Mate, if we look at the price and the benefit of it we will be able to see that bitcoin is more valuable than the dollar because dollar is just the money but bitcoin is the investment and the saving as well it can make you feel secure for your coming days and soon it will be legalize too.

If the benchmark is in price and volume, then bitcoin can replace dollar as a benchmark of world currencies, but if it considers bitcoin able to replace the dollar as the official currency identity of a country, surely very unlikely because the currency entity can not be replaced with anything, bitcoin will causing great chaos if recognized as a substitute for official currency.

[fiulpro]

No ... According to me a currency generally in use should be:-
Easily available
Static
Could be handled both physically and digitally
Easily reproducible
Bitcoins are not that stable nor they posses a physical form because not everyone has access to Internet and that much knowledge that they could mine them thus it will be very difficult for that sector where the internet is not accessible. Also the market value of bitcoins are fluctuating as I write this para .. Therefore one can easily determine what would happen if it replaced a normal stable currency.

[loopes]

I think it is not replace the dollar for bitcoin. Beacuse dollar is a national money, it is very valuable, we know that bitcoin is a very valuable coin. But this coin is not approve in the other country this is the reason does not replace the dollar.

It could be true that the value of the dollar is higher than the bitcoin because bitcoin is not legalized yet but the dollar is the money of a country but! Mate, if we look at the price and the benefit of it we will be able to see that bitcoin is more valuable than the dollar because dollar is just the money but bitcoin is the investment and the saving as well it can make you feel secure for your coming days and soon it will be legalize too.

If the benchmark is in price and volume, then bitcoin can replace dollar as a benchmark of world currencies, but if it considers bitcoin able to replace the dollar as the official currency identity of a country, surely very unlikely because the currency entity can not be replaced with anything, bitcoin will causing great chaos if recognized as a substitute for official currency.

every country need to has an official currency to makes a country stronger, it's mandatory due to a country can not rely on other countries currency or even bitcoin as replacement of fiat.  obviously that is very bad for economic of the country.

[Armstand]

I think it is not replace the dollar for bitcoin. Beacuse dollar is a national money, it is very valuable, we know that bitcoin is a very valuable coin. But this coin is not approve in the other country this is the reason does not replace the dollar.

It could be true that the value of the dollar is higher than the bitcoin because bitcoin is not legalized yet but the dollar is the money of a country but! Mate, if we look at the price and the benefit of it we will be able to see that bitcoin is more valuable than the dollar because dollar is just the money but bitcoin is the investment and the saving as well it can make you feel secure for your coming days and soon it will be legalize too.

If the benchmark is in price and volume, then bitcoin can replace dollar as a benchmark of world currencies, but if it considers bitcoin able to replace the dollar as the official currency identity of a country, surely very unlikely because the currency entity can not be replaced with anything, bitcoin will causing great chaos if recognized as a substitute for official currency.

every country need to has an official currency to makes a country stronger, it's mandatory due to a country can not rely on other countries currency or even bitcoin as replacement of fiat.  obviously that is very bad for economic of the country.

It's quite impossible now bitcoin replacing any physical currency or fiats. It will take too many considerations before it can happen. Every vountry represents their country having their own signature money and btc is a cryptocurrencyfor everyone using technology.

[Fida-crypto]

I think some sources say like this news and that want to have some Indicator about the future of effect the bitcoin

[The_Dark_Knight]

I don't think so, we need dollar for our daily needed. To pay what we want. But for me bitcoin is for business porpuse. Your  need to invest to grow you money, and it will become a real money like dollar that you can pay to the store .

I agree to that. Dollar works online and offline and it is suited for our daily need and expenses and that is why it is not a good idea to rely on bitcoin fully because we will experience some troubles if we are going to just rely on bitcoin. Bitcoin will not replace dollar because dollar is already wide spread and it is the universal currency so i don't think that bitcoin has any chance.

Indeed, Bitcoin in this century cannot replace Dollar, it still very young and not clear for creates a revolution like that.
Even Gold, it also does not has chance replace Dollar too!
Currency is a great invention of mankind, do not easy for overthrow it .

The dollar is going to replace itself, the decisions by american politicians are so bad that at some point those decisions are going to come back to haunt them, you cannot print that much money without suffering the consequences, they think they can get away with it forever but that is not the case.

[kingntking]

Bitcoin is only the best online (internet) but it will never replace the dollar. Yeah it is getting more popular because of its very high value and we know that we can make profits in the short period of time. Unlikely, US dollar is used legally and accepted around the world.

You are very much right. I think that there is nothing which cannot happen in this world. You can for sure expect anything to happen in coming days. I think the only hurdle is the legalization of Bitcoin. If this happens, then we can for sure expect anything uncertain to happen and then there will be likely chances that Bitcoin will replace Dollar.

[Addressed]

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?

Nope that cant happen. Maybe after 20 years or something. Many people doesnt even know what Bitcoin is and that is difficult to replace it.
First you must learn them how Bitcoin works and than you can replace it. So maybe later in the future.

[robotrobert]

Yes I think.
Bitcoin is our future money. So it has the chance to replace the dollar soon but we do not know when. Its gonna be a long ride!

Yeah I too think so because bitcoin is the future of paper money which going to take over the world in next couple of years. It will surely replace dollar because of its increasing value over the time and a very large number of users from all over the world. Bitcoin have introduce the concept of virtual money which more secured than flat currency notes and easily accessible from anywhere any part of the world

[darewaller]

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?

Nope that cant happen. Maybe after 20 years or something. Many people doesnt even know what Bitcoin is and that is difficult to replace it.
First you must learn them how Bitcoin works and than you can replace it. So maybe later in the future.

You have rightly said! I think this is not an easy thing to happen. It will take a lot of time and also a lot of efforts in order to make people aware of this thing that what Bitcoin actually is. Dollar is a very stable and widely used currency. This will be very much difficult for Bitcoin to compete with it.

[Bitcotalk]

I think some sources say like this news and that want to have some Indicator about the future of effect the bitcoin

There are some people who really ant dollar to be badly destroyed by these new digital currencies but I think dollar won’t be destroyed forever but yes it can be limited to national currency. Internationally now digital currencies will be used for doing trading. Dollar’s reign is almost over now.

[resty]

I don't think "soon" but I do think after 15 years or so it is a definite possibility. "soon" i guess is a relative term.

I think its no, because every country has different currency and dollar is  one of them, but BITCOIN is a digital currency using computer or cellphone not applicable on hand, how  could it be  the people would avail  using Bitcoin to the small market to buy food like fish for the Dinner, so I think it's no,,,  Bitcoin can't replace  to Dollor

[tbterryboy]

Not before long... Simply because the technological innovation is even now fairly younger and we want much more adopters.

Absolutely! It is not possible in the near future, but I think there is nothing in this world which cannot happen. Anything is possible and we cannot predict the future. There are chances that a day will come when we see Bitcoin replacing dollar. I think if this thing happens, then we may be able to see a completely different world.