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hurain
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October 20, 2017, 11:59:51 PM |
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yes it is expected that bitcoin will take place of dollar due to main reason is that dollar is on risk of inflation and loosing value and also central bank too much spend and make expense for paper money,so best alternative is to go with bit coin.
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hurain
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October 21, 2017, 12:02:55 AM |
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yes it is expected that bitcoin will take place of dollar due to main reason is that dollar is on risk of inflation and loosing value and also central bank too much spend and make expense for paper money,so best alternative is to go with bit coin.
Although everything is possible and bitcoin can really take the place to Dollar, but very honestly i think it is not so easy. i think that it will take more than century when all the people of the world will become so much educated that they will using bitcoin. because in present time there are so many countries there people do not have any knowledge about computer and internet. Even most of the people do not have proper education. |
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fuer44
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October 21, 2017, 12:09:41 AM |
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I think it will not happen. between dollars or bitcoin, has its own function. the dollar will still exist as a means of payment in cash, while bitcoin, its value will continue to rise as online payments because bitcoin is the digital currency.
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Bitcoin1216
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Pawsome
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October 21, 2017, 02:23:43 AM |
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it seems impossible as long as there is a USA government, of course the USA government will not let bitcoin beat USD and maybe they will destroy bitcoin.
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cydrix
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October 21, 2017, 03:37:15 AM |
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I think it is a hoaks but truly bitcoin replaced all the currency with just from a $6000 now so it doesnt always good you know . Bitcoin is decentralized it cant be centralized all of a sudden with an anonymous creator like satoshi |
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dobladi
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October 21, 2017, 03:39:41 AM |
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That would really be impossible even if Bitcoin has a much larger market value than Dollar. Dollar is a fiat or regular currency which is legal to most of the countries unlike Bitcoin that it is not even known to some places. Also, Dollar has a physical value and Bitcoin doesn't. Given the fact that dollar is from a huge and powerful country compared to Bitcoin which is an open source system that is not under any government. |
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Bitcoin_Delivery
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October 21, 2017, 04:23:36 AM |
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I think it will not happen. between dollars or bitcoin, has its own function. the dollar will still exist as a means of payment in cash, while bitcoin, its value will continue to rise as online payments because bitcoin is the digital currency.
I agree with you most likely bitcoin will become popular as an online payment tool and the dollar remains the main function of cash payment |
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mornabo
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October 21, 2017, 04:33:45 AM |
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No, bitcoin can't replace dollar soon, dollar is the most widely accepted currency throughout the world but about bitcoin only a few percentage of people know and fewer than those use, so there is no chance that bitcoin will replace dollar in the coming 15 years. i think even though bitcoin already has users all over the world though, i do not think that bitcoin will replace the dollar as currency in the US, its certainly the reason is simple because the dollar is more historical and certainly the government will not use foreign currency for their local currency, may be more likely if bitcoin replaces dollar as international currency, isnt it? |
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Blackwhite69
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October 21, 2017, 04:36:27 AM |
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I think it will not happen. between dollars or bitcoin, has its own function. the dollar will still exist as a means of payment in cash, while bitcoin, its value will continue to rise as online payments because bitcoin is the digital currency.
I agree with you most likely bitcoin will become popular as an online payment tool and the dollar remains the main function of cash payment They have different sides the more the year will get better and have a high price for the future  |
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Xester
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October 21, 2017, 04:44:09 AM |
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I think it will not happen. between dollars or bitcoin, has its own function. the dollar will still exist as a means of payment in cash, while bitcoin, its value will continue to rise as online payments because bitcoin is the digital currency.
I agree with you most likely bitcoin will become popular as an online payment tool and the dollar remains the main function of cash payment Well said, since bitcoin are done online, it will remain that way. Bitcoin makes everyone have a life they want. Giving lots of opportunities to earn online. As to US dollars it is undeniably the basis of worldwide transaction. Prices when you export or export things are based on it. So like what you said, bitcoin cannot replace dollars. |
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ShadyMash
Copper Member
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https://wesp.io
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October 21, 2017, 04:50:49 AM |
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No.i don't think it gonna happen quickly.i think 5% of world population in knoe about bitcoin and how it works .others don't know even bitcoin is exist.1st goverment must give a proper education about digital currency like bitcoin to replace physical cash like usd.so it take long time.
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romero121
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October 21, 2017, 05:09:04 AM |
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I think it will not happen. between dollars or bitcoin, has its own function. the dollar will still exist as a means of payment in cash, while bitcoin, its value will continue to rise as online payments because bitcoin is the digital currency.
I agree with you most likely bitcoin will become popular as an online payment tool and the dollar remains the main function of cash payment Well said, since bitcoin are done online, it will remain that way. Bitcoin makes everyone have a life they want. Giving lots of opportunities to earn online. As to US dollars it is undeniably the basis of worldwide transaction. Prices when you export or export things are based on it. So like what you said, bitcoin cannot replace dollars. For various reasons bitcoin cannot make the dollar get replaced. Dollar has grown high backing a long time history as well the capital it holds is much more than the cryptocurrency network as a whole. Usd serve as the base for transaction, but now this has changed a lot with more markets functioning on technology platform. The same won't cause a replacement of dollar. |
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Sled
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October 21, 2017, 05:19:38 AM |
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I think it will not happen. between dollars or bitcoin, has its own function. the dollar will still exist as a means of payment in cash, while bitcoin, its value will continue to rise as online payments because bitcoin is the digital currency.
I agree with you most likely bitcoin will become popular as an online payment tool and the dollar remains the main function of cash payment Well said, since bitcoin are done online, it will remain that way. Bitcoin makes everyone have a life they want. Giving lots of opportunities to earn online. As to US dollars it is undeniably the basis of worldwide transaction. Prices when you export or export things are based on it. So like what you said, bitcoin cannot replace dollars. Bitcoin will just help the people and bitcoin will not cross into replacing any fiat currencies because that is not the mission of bitcoin in my opinion. Its mission is to help people to fight the inflation by having a decentralized currency that is increasing its price for the next months and years. I believe that bitcoin and dollar will work together in the future and they will not eliminate each other. |
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stayeduptolate
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October 21, 2017, 08:08:20 AM |
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Bitcoin is doing great and is really a great currency. It also has many positives but still I don’t think that it will be able to replace dollar soon because firstly, dollar is a stable currency which means that its price does not fluctuate regularly. On the other hand bitcoin prices fluctuate every minute. Secondly, dollar is regularated by government which increases its stability and does not let it crash. Where as bitcoin is not regulated by any government and it can crash. Lastly dollar is way more popular and in use than bitcoin. |
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Kazuyukie
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October 21, 2017, 08:15:17 AM |
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I doubt that, nowadays tons of people are still skeptical about the use of BTC, even after you explained everything and showed some proof how good it is, same with the government they don't want it for they can't control it. Though BTC is really doing good, but replacing fiat will take time.
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Fatanut
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October 21, 2017, 01:29:22 PM |
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I doubt that, nowadays tons of people are still skeptical about the use of BTC, even after you explained everything and showed some proof how good it is, same with the government they don't want it for they can't control it. Though BTC is really doing good, but replacing fiat will take time.
I think the reason behind the people and the government not wanting bitcoin are different. People are very skeptical about everything that has been said by just a regular person. They believe what the celebrities are saying but will do a quick research if you told them something new. When the terms "Internet", "investment", "money", and "online" are all in one text, oh boy you should be ready for a debate. People are going to think right away that it's just some MLM company and so they are going to think so negatively of what you are saying. Some might even dismiss the discussion right away without even hearing your explanation of bitcoin. There are others that would hold back but still think to themselves that you are trying to pursue them to joining your networking company. The government, on the other hand, has a different reason. They don't like bitcoin because bitcoin is the opposite of their fiat system. Fiat system is what they are using to enslave each and everyone of us into working 9-5 every single day of our lives until we eventually die. |
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saffira
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October 21, 2017, 02:35:35 PM |
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Dollar is the widely used currency. Bitcoin will go a very long way to replaced it. I think it is impossible. Bitcoin is just starting its journey and it is not familiar to all, unlike dollar which is very familiar. I think is is just good that both dollar and bitcoin exist.
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carcassone
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The Experience Layer of the Decentralized Internet
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October 21, 2017, 03:38:44 PM |
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Personally I do not think that Bitcoin is going to replacing any currency, at least in most of biggest countries.
But in africa a lot of people use more btc then usd if they can because they can even spend less as fees.
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Kompodd
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October 21, 2017, 03:50:56 PM |
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Personally I do not think that Bitcoin is going to replacing any currency, at least in most of biggest countries.
But in africa a lot of people use more btc then usd if they can because they can even spend less as fees.
I'm very surprised that Africa knows about bitcoin and uses it. But despite this I'm not sure that bitcoin will be able to oust the dollar. The whole world uses the dollar. And it's very hard to get rid of this habit |
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yanlap
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October 21, 2017, 03:59:43 PM |
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If we think to replace the dollar in the near future is certainly difficult, we all know that the dollar is officially accepted around the world, but instead bitcoin get banned almost all countries.
No I don’t think so because the price of the bitcoin is increasing more and more, I am holding the bitcoin and I am able t use the bitcoin for the multipurpose and the income of the bitcoin will be more than this, I hold the money and I invest so I am sure about the better profit because the value and importance of the bitcoin is increasing now as it is the future of the money and able to buy all the things that we buy through eh fiat cash. |
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