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Author Topic: Do You Think Bitcoin Will Replace Dollar Soon?  (Read 417371 times)
valisa
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November 02, 2017, 12:59:22 PM
 #4581

I think bitcoin will not be able to replace the dollar, because the money of a country is equal to the identity of a country, so bitcoin will not replace the dollar but may be equally in dollars and bitcoins.
huige007
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November 02, 2017, 03:38:06 PM
 #4582

The probability of bitcoin to replace dollar is very small, dollar is still to much stronger than bitcoin. I even do not think that it will be happen in the next century.
Well according to me it is possible because all the people are using the bitcoin payment and now it is the best time to use the saving of the bitcoin and you will be able to hold your profit and the value will increase more and more. A lot for the people are buying the bitcoin and it is the time to buy and the income will be more than this so bitcoin price and the income will be more than this.
Gudhal Untu
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November 02, 2017, 03:46:48 PM
 #4583

I think maybe, bitcoin users are very loyal and increased drastically so that one day bitcoin will replace the dollar. Moreover, everyone is increasingly aware of the benefits of bitcoin rather than dollars making it more profitable to keep bitcoin than the dollar.
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November 02, 2017, 03:52:23 PM
 #4584

Ofcourse it will and its not far now no doubt about it. Will be using FIAT to wipe our asses in near future Grin Grin
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November 02, 2017, 06:02:08 PM
 #4585

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 think bitcoin can not replace the dollar. Everyone in the world uses the dollar as a common currency. So nothing can replace the dollar. Unless everyone in the world accepts bitcoin
Cryptoexchange cl
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November 02, 2017, 06:02:50 PM
 #4586

Not only Dollar, but the entire money ecosystem
Osarman
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November 03, 2017, 05:43:42 AM
 #4587

I think maybe not.For dollar have the stable value.And it can never replace dollar.It has the characteristic of being a stable monitary unit.It will take long time to replace such currency.
Not that much time mate this will happen soon because people trends are now changing because btc has improved its advertisement campaigns and now every person wants to invest into it because they all know that btc has a lot to give whereas dollar has no such capability to bless its owner it can be used in as mode of payment and there is no such phenomena to turn your money into huge profit so it will replace soon.
etherflyerofficial
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November 03, 2017, 07:28:29 AM
 #4588

hi, i dont think BTC will replace dollar, at least in 5 years time. Because people involved in cryptocurrency are still not many as compare to the world population.
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November 03, 2017, 08:38:01 AM
 #4589

hi, i dont think BTC will replace dollar, at least in 5 years time. Because people involved in cryptocurrency are still not many as compare to the world population.
Although the value of bitcoin now has significantly increased already this does not mean it can already replace our currency system.
Bitcoin is for online transaction only and majority of transactions are done physically so there is no sense of waiting that time to happen, just enjoy the success of bitcoin and ride on it.

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prtty2gal2
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November 03, 2017, 01:22:57 PM
 #4590

The probability of bitcoin to replace dollar is very small, dollar is still to much stronger than bitcoin. I even do not think that it will be happen in the next century.
Bitcoin will replace all paper money but it will take some yearsbefore that happens. Dollar is not any special case because it is also a paper money and the question arises on the existence of all physical currencies by the invention of digital assets. It is said that bitcoin is the future and I believe it.

This statement basically means that in future, all financial matters will be done in the form of digital currencies and we all know whichthe best among them is.
Best Dreams
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November 03, 2017, 04:16:44 PM
 #4591

15 years is a very short period. I think fiat and crypto currencies will exist and be used in parallel for many years in the future. We can only get prepared to have options then
Lol! Can you give me the long period of your opinion? I don't understand 15 years is a "very short period" of your words. If these years is the short period, why do it make you spend 2/10 your life to wait that time? Grin
Yes there is a possibility that bitcoin can replace dollar and as we know that bitcoin has already replace other crypto from market so there is no doubt that bitcoin will replace dollar and bitcoin is price is already high than any other currency and still the price of bitcoin is going high so everything is possible for bitcoin to do.
Paul Pogba
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November 03, 2017, 04:59:00 PM
 #4592

I'm optimistic that the future of bitcoin will continue to improve so it is worthy to be a global currency, but to replace the dollar soon, I think it is impossible, it takes a long time maybe 40 years.
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November 03, 2017, 07:43:41 PM
 #4593

15 years is a very short period. I think fiat and crypto currencies will exist and be used in parallel for many years in the future. We can only get prepared to have options then
Lol! Can you give me the long period of your opinion? I don't understand 15 years is a "very short period" of your words. If these years is the short period, why do it make you spend 2/10 your life to wait that time? Grin
Yes there is a possibility that bitcoin can replace dollar and as we know that bitcoin has already replace other crypto from market so there is no doubt that bitcoin will replace dollar and bitcoin is price is already high than any other currency and still the price of bitcoin is going high so everything is possible for bitcoin to do.
Do you know the ability of Dollar? You forget Bitcoin can not use for daily and offline, you need to have internet for access your Bitcoin wallet. Unlike Bitcoin, Dollar can pay in a lot of countries without internet and you can exchange in anywhere.

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Isaak Bitcoin
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November 03, 2017, 07:47:44 PM
 #4594

I doubt it very much. Cryptocurrency will not replace the cash dollar.

HalfDeck
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November 03, 2017, 08:08:58 PM
 #4595

The probability of bitcoin to replace dollar is very small, dollar is still to much stronger than bitcoin. I even do not think that it will be happen in the next century.
Bitcoin will replace all paper money but it will take some yearsbefore that happens. Dollar is not any special case because it is also a paper money and the question arises on the existence of all physical currencies by the invention of digital assets. It is said that bitcoin is the future and I believe it.

This statement basically means that in future, all financial matters will be done in the form of digital currencies and we all know whichthe best among them is.
We can apply the blockchain technology to FIAT or internet banking, I think the government have idea to create a currency use the blockchain technology to compete the cryptocurrency. Of course, it is difficulty to creates a currency use blockchain technology but can manage by the government, even, it is just theory.
butrsukumpanumet
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November 03, 2017, 09:15:33 PM
 #4596

I doubt it very much. Cryptocurrency will not replace the cash dollar.
Yes , me too, Cash is for spending and Cryptocurrencies are for earning more and more money. So everything have their own mission to do.
Wong Gendheng
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November 03, 2017, 11:40:52 PM
 #4597

To replace the dollar soon seems difficult, this is because the dollar is the currency with the largest market of the world, almost all transactions between countries using dollars and the US government to maintain full circulation and control of the dollar.
daniel08
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November 03, 2017, 11:45:38 PM
 #4598

Maybe but not now, its possible that bitcoin will replace dollar in the future , but that is far beyond . Because most of us people are not into digital currency , most people uses the fiat money in their daily living, and most countries do not have the knowledge of crypto currencies. Not even the gold replace the dollar.

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Zinkin
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November 04, 2017, 04:22:15 PM
 #4599

hi, i dont think BTC will replace dollar, at least in 5 years time. Because people involved in cryptocurrency are still not many as compare to the world population.
Dollars is a very specific currency in the physical world that is, and to have the fact that it is indeed one of the leading fiat out there. Still 5 years and is not enough time to replace dollars, I mean it is still relevant and by predicting it will last 1 more century I guess.
Jafri101
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November 04, 2017, 05:03:08 PM
 #4600

Bitcoin can replace dollar if most of the people start using bitcoins inplace of dollars. Also there is still some time need to grow cryptocurrency in local markets.
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