fearcoka
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November 26, 2017, 10:38:20 PM |
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Just his opinion about bitcoin but i dont think that will happen, fiat is something that can't be replaced cause of it's history. Things that you are using daily and it's need much time to change it. So if this happen , i think the next 100 years maybe ? Even in the next 100 years, I do not see it happening. Over time, technology may evolve, older folks get bounced, more of the new folks who are more technologically oriented move in to the scene and we may see the lesser use for paper currency but that does not mean that government controlled fiats would not always still be in existence and bitcoin can and will never be an alternative. Yup, maybe the world will change to use digital currency or digital payment method, but the paper money function gives us is indispensable. No digital technology can using without internet. But with paper money we can use it for anytime, even we are staying in countryside. |
Just Nao Tomori and Bitcoin ( ͡° ͜ʖ ͡°)
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uray
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November 26, 2017, 10:58:39 PM |
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america will not let it happen easily . i was watching a survey on facebook and most of the people were unkown of bitcoin. alot of marketing is needed for make it possible
You really do not need to market bitcoin,people who are interested in technology will eventually find bitcoin and the entire crypto currency market,it is where the future lies and it could be a bubble,what ever be the situation it is the best way to multiply your asset at the moment,it does not need to replace any fiat currency yet it is a big market. |
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SilverChromia
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November 27, 2017, 11:29:45 AM |
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No i dont think that will happen. For me cryptocurrencies can never replace a regular currency specially the dollar we all know that in this era in every part of the world dollar is our global currency that we use to pay those workers and in other countries dollar is their salaries. It also same when it comes to online shopping like ebay amazon or any online shopping we use a dollar to pay those item we bought. Maybe bitcoin and dollar has a similarity and thats its to being global or international currency but their difference is bitcoin is digital and dollar is actual money or currency. so i think thats impossible to happen. and for me it is good for bitcoin to stay what he is now. if bitcoin will still continue and becoming popular because he is a crytocurrency i hope he will continue to be like that in the future.
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sunnex100
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November 27, 2017, 03:21:24 PM |
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That is a very optimistic position, but I believe that a lot more needs to be done before we can begin to debate whether or Bitcoin can replace Dollars in the next fifteen years. The issue of Bitcoin replacing the USD should not even be contemplated because Bitcoin at the moment lacks the structure, general acceptability and even the framework to make that happen. It is good to be optimistic as a Bitcoin enthusiast but this prediction is not the one you can do with certainties.
There has been a lot of prediction against the dollar but it has held firm.
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crocozino
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November 27, 2017, 03:24:03 PM |
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I think its impossible cause if governments let bitcoin replace $$$, then they have no further control over money and over spending money!
They will not let it happen ever! Dollar will be the currency and bitcoin will stay as alternative currency. And they add each other very nicely.
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Sanitough
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November 28, 2017, 05:37:15 AM |
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I think its impossible cause if governments let bitcoin replace $$$, then they have no further control over money and over spending money!
They will not let it happen ever! Dollar will be the currency and bitcoin will stay as alternative currency. And they add each other very nicely.
As long as they are they are in power they will never gonna allow for bitcoin to replace dollars. They have been using their own to ensure they will control and monitor the transactions and of course to collect the right amount of taxes. |
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xalmar
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November 28, 2017, 05:46:29 AM |
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Soon, I do not believe. But it is clear that there is a transformation in the currencies and that in the long term the digitalcoin are more important
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goldcoinminer
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November 28, 2017, 06:45:51 AM |
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Soon, I do not believe. But it is clear that there is a transformation in the currencies and that in the long term the digitalcoin are more important
Bitcoin will be among the popular digital currency in the future but still it's a regulated digital and centralized currency who will be on top because the government will make all measures that they can still take control and monitor the transaction for the interest of the government. Taxes is really important for the government so they need to enforce collection which is impossible with decentralized currency. |
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BitcoinIsTheAnswer
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November 28, 2017, 06:47:11 AM |
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I don't think is it going to replace the usd but is going to be directly or more like constatnly he's nemesis as to be the strongest currency used.
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The Cryptologist
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November 28, 2017, 06:58:24 AM |
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Government of US will have a lot of dsicussions about bitcoin when it becomes mainstream so sooner is not possible to happen. A lot of migrants workers still rely on the price of dollar so I think this is another reason for the government not to replace dollar.
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katmalo.ak47
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November 28, 2017, 06:33:43 PM |
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For now its easier to conserve than selling bitcoin, i think all of us are waiting around to inbound halving ad searching for a big profit whinll work for our long term.ch wi
I thinks that bitcoin will replace all paper currencies in the future but it is not soon possible, and dollar is also a powerful paper currencies , people with bitcoin are also need help of the dollar when they buy bitcoins ot when they sell bitcoins. The dollar is also a legal currency in all over the world. So the dollar can not be replaced soon. it is possible to replace but it will take a long time too. |
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xsaints128
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November 28, 2017, 06:37:48 PM |
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Bitcoin won't replace any Fiat currency, as soon as the government starts feeling that it's currency is at risk it's gonna start legalizing Bitcoin not directly ban but start implementing strict laws against it. No government wants to see it's Fiat worth nothing.
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Happy Miner
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November 28, 2017, 07:11:58 PM |
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Bitcoin will not be able to replace the US dollar in the coming years. But some large investors already now invest some of their money in the crypto currency.
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Xising
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November 28, 2017, 07:50:09 PM |
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It can happen but not in a matter of 15 years. Once bitcoin reaches ubiquity, security and accessibility would be fully developed as well. Back then, no one ever thought we would end up using paper currency instead of stones, silver and gold. So I guess, it could really happen over time but 15 years is too short; I'm 50 years would be a good number. |
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FlTZ
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November 29, 2017, 05:58:50 AM |
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Nope. I dont think so because bitcoin is a digital money and we all know that we are living in the world of reality. We must know that in our life we must rely on our reality not on our digital money. And if you cash bitcoin it will turn ito dollar because they didn't have paper or coins for bitcoin reality. So I think doar will not replaced by bitcoin.
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guesswhat
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November 29, 2017, 10:53:14 PM |
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Bitcoin won't replace any Fiat currency, as soon as the government starts feeling that it's currency is at risk it's gonna start legalizing Bitcoin not directly ban but start implementing strict laws against it. No government wants to see it's Fiat worth nothing.
We don't really need bitcoin to replace dollars. Bitcoin might not be the cash money of the world, but it can be the investment dominator of the world in the future, which is very enough and satisfying for us. |
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shalnark
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November 30, 2017, 06:16:39 PM |
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Bitcoin will never fully replace the dollar, but the fact that bitcoin will take a large amount of investment from the dollar that's for sure. The dollar could stop being the world's reserve currency. This function can take bitcoin, but in America you will use only a dollar.
I don't think bitcoin will replace dollar because dollar is global or world currency that are being use by many countries. Aside from that dollar is legal in the government compare with bitcoin. However, bitcoin is the king of cryptocurrencies but since we're not able to legalize it in some countries, I'm not sure if bitcoin will replace the power dollar in economy and industry. Another thing is, bitcoin can' t work if you have no internet. |
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Xenoph0bia
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December 01, 2017, 05:44:42 AM |
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Bitcoin will never fully replace the dollar, but the fact that bitcoin will take a large amount of investment from the dollar that's for sure. The dollar could stop being the world's reserve currency. This function can take bitcoin, but in America you will use only a dollar.
I don't think bitcoin will replace dollar because dollar is global or world currency that are being use by many countries. Aside from that dollar is legal in the government compare with bitcoin. However, bitcoin is the king of cryptocurrencies but since we're not able to legalize it in some countries, I'm not sure if bitcoin will replace the power dollar in economy and industry. Another thing is, bitcoin can' t work if you have no internet. I don't think that bitcoin can replace or overtake dollar at any cost.Dollar is a stable currency unlike bitcoin which is a volatile cryptocurrency.Dollar is under the control of the central bank so it is well protected by the government.Dollar is accepted internationally all over the world and all the transactions are done through it.Dollar is used by many countries too.Since taxes cannot be implied on bitcoin,so government cannot legalise bitcoin as taxes are necessary. |
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Leane Lee Natividad Cuenc
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December 01, 2017, 07:27:57 AM |
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I honestly don't think it'll happen, certainly not in 15 years... In 100 years maybe?
I dont think so...maybe in other matters not to replace bitcoin to dollar... |
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sayulita
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December 01, 2017, 07:30:54 AM |
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According to me there is very big no, as digital money and paper currency are not comparable because they both have unique place and plays a very important role in the world of finance, as I am not for the 100% because I am not the time traveller who can see the future but paper money is equally important in the market and even there are millions of people who even doesn't have access to Internet, so what would happen to them in the future, as of now one btc is worth equal to $11k but it's continuously increasing valuation doesn't mean that it would replace dollar or any other paper money.
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