Do You Think Bitcoin Will Replace Dollar Soon?

[Aidan Martin]

The government would really not allow that to happen,if bitcoin replace dollar the government cant fine a tax since bitcoin is decentralized and if they cant implement tax on bitcoin the government will blocked it.

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[crypto1010]

The government would really not allow that to happen,if bitcoin replace dollar the government cant fine a tax since bitcoin is decentralized and if they cant implement tax on bitcoin the government will blocked it.

I do not think taxing bitcoin will stop it from expanding its reach and as you said its decentralised which means the government will not be able to control nor block it, but what will be possible is to control digital services that have brick and mortar offices to run their business.

[craZyLovE0916]

Soon? No not at all. Somewhere in the far future? Maybe. We cannot tell for sure what will happen to bitcoins and Dollars in a couple of years but there's the possibility of bitcoins taking over and becoming the accepted method of payments and transactions but for now that isn't happening. They will just continue to coexist as they are doing now.

[Gameroid]

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?

That day will never come, its impossible for bitcoin to replace dollar ever in future, dollar is the most popular currency worldwide used and accepted everywhere. It will hold its power in future too.

Slowly and gradually the day is coming nearer. Although its look impossible but anything can be possible and very soon that bitcoin will replace Dollar, at least it will reduce the use of Dollar. Because in modern time i think that all the people of the world will give important to online currency as compare to fiat currency, which will then become an old idea.

[Uhde]

bitcoin will never replace with cash or paper money. it is still slow and fees are very high. so it is not possible to use bitcoin instead of cash during daily shoppings. maybe there will be a faster alternative coin in the future that we can use instead of cash but i dont think it will be bitcoin.

[sharm2121]

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 dont think it will happen first of all many people who dont know how to use bitcoin,internet and also gadgets then how they can use bitcoin if ever it will replace the Dollar? second government dont want to use it and other countries want to banned bitcoin then how could it replace the dollar if government dont want bitcoin,right?

[NA boom]

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?

Nothing will replace Euro and dollar in my opinion . that CEO don't know what he is talking about if you ask me
Bitcoin may become mainstream and used on the whole world but nothing will be replaced the original currencies ,that's for sure .

But I do not think so. Bitcoin is an online currency. When it's price increases, it becomes more valuable than gold. In the future, Bitcoin will be as precious as diamonds.

[vionas]

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 15 years will not be enough to make the dollar disappear and be replaced bitcoin. And I think it will be difficult because the government will not easily accept it.

[PonyBoy]

I do not think that bitcoin will replace dollar any time , because dollar use in all world and its very easy , how  in african people will use bitcoin in thats places where is not internet and mobiles ?

[m9shn9sh]

Bitcoin will never beat any fiat money system a mode of payment. Yes, bitcoin have some potential being a good payment system but it is not possible to replace fiat money. The flexibility of fiat money and its characteristic of being stable which is a better choice of money. It is not good to have a payment of its being unstable.

[Lubang Bawah]

I'm sure that replace dollars is impossible so I'm never sure this can happen, and of course the USA government will never let out if the USD is replaced with bitcoin, they will do everything to make bitcoin disappear.

[Chooroz]

I'm sure that replace dollars is impossible so I'm never sure this can happen, and of course the USA government will never let out if the USD is replaced with bitcoin, they will do everything to make bitcoin disappear.

I am sure that bitcoin can not replace dollar in the future, because dollar is trusted and it is uses by all people in this world, so for me bitcoin has 0% chance to replace dollar soon, and i think bitcoin is we will just be popular in the future and it we will not affect dollar so much.

[bilyboy]

I don't think that government will make btc their main currency there is only chance for btc to get accepted everywhere but it doesn't mean that the government will make it a legal tender.On the first hand btc is a digital currency which does not have a physical form nor its value remains the same so it is not something which can be used as legal tender .It is infact foolish to think so i completely disagree with your statement btc replacing dollar.

[mininghubby]

I'm sure that replace dollars is impossible so I'm never sure this can happen, and of course the USA government will never let out if the USD is replaced with bitcoin, they will do everything to make bitcoin disappear.

I am sure that bitcoin can not replace dollar in the future, because dollar is trusted and it is uses by all people in this world, so for me bitcoin has 0% chance to replace dollar soon, and i think bitcoin is we will just be popular in the future and it we will not affect dollar so much.

I don't think it will ever happen in near future. The chances of bitcoin replacing any fiat let alone dollar is almost negligible.A small, unorganized community of bitcoin users cannot make much difference.On the other hand there is a strong possibility that governments may openly come out against bitcoin and declare it illegal.If that happens,bitcoin will die a natural death.

[Bosx1ne]

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?

The payment system will change if most of the people in our society are now using digital currency. The cashless society will only happen if the people will prefer to use cryptocurrencies than fiat money. Our future money depends on our hands.

[Tiernadi]

It seems unrealistic to happen anytime soon. Bitcoin need, first, to reach a greater number of users, to then become mainstream. There are many people who don't understand how Bitcoin works, because they are accustomed to old and outdated systems. But I'm sure the big day will come!

[shoujiuhaituo7]

This is a brave prediction that the dollar is an international, very mature fund, and although bitcoin has a very powerful function, I don't think it can replace the dollar.

Because the volatility of bitcoin cannot become the universal legal tender.

[rockstarr]

It's not going to do it anytime soon or likely even within 15 years, but it could in our lifetime I reckon. I think more economic instability in certain countries and maybe another financial collapse/crisis will happen soon rather than later and that could bring in many new people to bitcoin which could have a snowball effect.

absolutely not. there is no point in thinking it ever will replace any major fiat currency. just stop thinking/hoping that it will happen. it will not.

Why will it not? If in the future bitcoin keeps going up and fiat keeps going down which is what happens when they print more of it on a whim people might wise up. Money should grow over time not devalue and bitcoin could solve this and that's what's great about a deflationary currency.

Speaking of currencies, they are established by our government to have their own kind of money. There are many countries but we have different currency with corresponding value. If bitcoin crypto currency replace the dollars it might not be happen since it will affects the other countries currency.

[bitcoinFPT]

Anything that can happen, but I'm sure that bitcoin can replace dola is certainly not possible, no matter how bitcoin it is worth.

No matter how high the bitcoin is, it's just a kind of virtual currency that is incredibly skeptical, and people will never trade it with bitcon

[Abiky]

I think Bitcoin will not replace the centralized currency. There is no sense in this. He has his place in the system of currencies and payment systems. This will be a good alternative.

There is absolutely no way that a decentralized, and unregulated currency like Bitcoin would replace existing centralized monetary systems such as the Dollar which is backed by a government. The Dollar has managed to gain trust among people and businesses worldwide, as it is a regulated medium of exchange. On the other hand, Bitcoin has gained traction too but is having a hard time trying to reach a large scale of users because of its scalability issues. Not to mention, its transactions are irreversible and there's practically no way to claim your funds back once they're stolen.

However, Bitcoin has many good characteristics which are superior to fiat currency. While this is true, it may not replace the Dollar but instead live alongside the government-backed currency. In the end, we'll be able to experience the convenience of using the decentralized properties of Bitcoin, while we use the Dollar for our everyday purchases. Just my thoughts