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stromma44
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November 28, 2015, 02:48:32 PM |
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i really dont think it will, the dollar is just so much convenient to use. plus the dollar commodity in cash is extremely fast to transact with 0 fees.
Yes difficult to compare bitcoins with dollars as both of them their have their own advantages and also would prefer to choose either which would be more convenient for them and the users of dollar are high and it is widely accepted currency so it's difficult to see that bitcoins replace dollars very soon. |
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"The nature of Bitcoin is such that once version 0.1 was released, the
core design was set in stone for the rest of its lifetime." -- Satoshi
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Yauthitdar
Full Member
 Offline
Activity: 201
Merit: 100
Proof-of-Asset Protocol
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November 29, 2015, 12:21:03 PM |
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Yes, I think it will definite replace dollar in the future!
It dpends on the development of bitcoin. If there are community support and bitcoin evolves over time, it will replace dollar eventually. |
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rally
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November 29, 2015, 12:31:39 PM |
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I don't think so.
But i hope it's gonna be as important as the dollar.
A value as the euro, the dollar, ... should be good.
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bileq
Legendary
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Activity: 1274
Merit: 1068
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November 29, 2015, 12:35:25 PM |
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no, never..
bitcoin is a currency and can be changeable on exchange offices. and maybe usable on special global shops. think about that; you have a mexican pesos u can not use it in india, your exchange procedure is clear. u must change it on exchange offices.
if it can be success, u can use btc on shops, coffee houses, malls. and it sounds great. but btc price is not stable and i dont believe it never be stable. and in this situation also buyers or sellers one of them must be loose money
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mouneshwar123
Member
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Activity: 84
Merit: 10
Large scale, green crypto mining ICO
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November 29, 2015, 03:52:47 PM |
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no, never..
bitcoin is a currency and can be changeable on exchange offices. and maybe usable on special global shops. think about that; you have a mexican pesos u can not use it in india, your exchange procedure is clear. u must change it on exchange offices.
if it can be success, u can use btc on shops, coffee houses, malls. and it sounds great. but btc price is not stable and i dont believe it never be stable. and in this situation also buyers or sellers one of them must be loose money
till 16th century Gold was used for buying things, There was no economic crisis in those period. Only after introduction of Fiat currency we saw so many economic crisis. Wish we have a globalised digital currency in future. |
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CyberKuro
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November 29, 2015, 04:57:32 PM |
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I don't think so.
But i hope it's gonna be as important as the dollar.
A value as the euro, the dollar, ... should be good.
it is true, may bitcoin can not replace the dollar, but in the future bitcoin should be as important as the dollar, and at that bitcoin has also been known by many people |
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Nameless Coin
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November 29, 2015, 05:38:23 PM |
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I don't think so.
But i hope it's gonna be as important as the dollar.
A value as the euro, the dollar, ... should be good.
it is true, may bitcoin can not replace the dollar, but in the future bitcoin should be as important as the dollar, and at that bitcoin has also been known by many people Yeah Bitcoin as imprtans as the Dollar and the Euro will be nice. And that bitcoin price is 10 times higher that Euro  But I think someday or 2016 well be as important. |
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wikenpp
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November 29, 2015, 08:54:40 PM |
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no, never..
bitcoin is a currency and can be changeable on exchange offices. and maybe usable on special global shops. think about that; you have a mexican pesos u can not use it in india, your exchange procedure is clear. u must change it on exchange offices.
if it can be success, u can use btc on shops, coffee houses, malls. and it sounds great. but btc price is not stable and i dont believe it never be stable. and in this situation also buyers or sellers one of them must be loose money
Well don't forget the use of mobile phones etc. The need for paper money is dissapearing. So I think in time (10 years) we will not need paper money. Looking at all alternatives, crypto has the no.1 potential. |
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inget
Member
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Activity: 111
Merit: 10
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November 29, 2015, 10:25:48 PM |
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Not this year are the coming years. The dollar is on it's way back, but bitcoin needs a lot of new features/innovation/products before it can compete with a A+ currency.
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caliboy37
Member
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Activity: 88
Merit: 10
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November 29, 2015, 11:18:29 PM |
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Dollar and all currencies will disappear soon. Crypto and gold will rule the world. |
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Erzatium
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November 30, 2015, 01:29:31 PM |
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Maybe it will, but not that soon atleast 20 or 25 years.
Than maybe those years dollar will replace bitcoin. But that is just never sure.
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gkv9
Legendary
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Activity: 1246
Merit: 1000
!!! RiSe aBovE ThE StoRm !!!
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November 30, 2015, 02:00:41 PM |
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Maybe it will, but not that soon atleast 20 or 25 years.
Than maybe those years dollar will replace bitcoin. But that is just never sure.
It really ain't easy for Bitcoins to replace Dollars, as people currently ain't giving the respect BTC needs in order for it to be used like a currency all over the world... BTC NEEDS MAINSTREAM TO BE USED AS A GLOBAL CURRENCY... |
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bob123
Legendary
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Activity: 1624
Merit: 2481
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November 30, 2015, 09:12:39 PM |
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I don't think Governments are giving control away by allowing BTC to be Currency No. 1.
It sure will be more established and more used (At least thats what i hope)..
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Newcoins2020
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December 01, 2015, 02:23:21 PM |
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I don't think that bitcoin will replace the dollar, at least not any time soon
I do believe that in the near future more people will adapt to bitcoin and start letting go of bitcoin
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bitcoin-hunter
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December 01, 2015, 02:39:35 PM |
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I don't think Governments are giving control away by allowing BTC to be Currency No. 1.
It sure will be more established and more used (At least thats what i hope)..
Yeah that is true that is very difficult. As long some one have a power than I think bitcoin won't be the number 1 currency, but who know maybe it will/ |
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Taratoor
Sr. Member
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Activity: 630
Merit: 251
🤖UBEX.COM 🤖
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December 01, 2015, 06:18:25 PM |
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i cant live that long.
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gkv9
Legendary
Offline
Activity: 1246
Merit: 1000
!!! RiSe aBovE ThE StoRm !!!
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December 01, 2015, 07:00:49 PM |
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i cant live that long.
You need to wait dude, everyone waited for these moments to happen in their lives... Bitcoins are still in developing mode, and as soon as it becomes mainstream, then we may say that it can actually replace any currency soon... |
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bearex
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December 01, 2015, 07:13:15 PM |
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Well, not soon, but i think it might some day.
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alrachid
Member
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Activity: 101
Merit: 10
Just another man trying to find his way.
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December 01, 2015, 07:35:12 PM |
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I don't think that it will replace the dollar soon, but in the long run I believe that the bitcoin is going to be more valuable. Why? Because the whole world can use it, it has intrinsic value, it can be broken down into tiny bits and used for microtransactions, and the world bank doesn't control it. I think within 50 years we see the USD fall, but before that we will see much more war as countries martingale to try to recover losses.
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spirit of btc
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December 03, 2015, 02:28:06 PM |
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15 years to replace dollars is too early, but if GCC countries stops accepting dollars for petrol then it can be achieved less than 15 years.
But I dont think it will happen any sooner
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