icecream sandwich
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April 04, 2018, 10:38:04 AM |
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I think not they cannot pr shpuld insay that they can never replace the dollars because the thing is the bitcoins are volatile and the dollars are not so the people wants to have a stable price they do not wanted to lose money but rather only to gain so the bitcoins doesn't go that way so they can never replace dollar. They might be used in day by day life but still they are just an alternative and besides the poor people cannot fully access bitcoins not unless the world will be a free wifi after all
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pusa aso
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April 04, 2018, 11:55:31 AM |
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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-yearsDo you think it will be true? Are you positive towards bitcoin's future status? [/quote i don't think that could be happen because dollar is our international currency but if that will be happen within 15 years from now that could be possible and we know that bitcoin now is very popular in the world.
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Terriblethingss
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April 04, 2018, 01:48:53 PM |
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i think no bitcoin is not going to replace Dollar so soon, as still a very little number of people are using bitcoin and most of the people are still depending on Dollar therefore it is not possible that bitcoin will replace Dollar so soon.
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rejekiku
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April 04, 2018, 02:17:32 PM |
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I dont think it will happen soon, maybe In future.
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isetter
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April 04, 2018, 02:26:02 PM |
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For us, I think bitcoin has replaced the dollar a long time ago. For conservatives, they would think that the dollar is the only currency and Bitcoin can not replace the dollar. That's a false thought
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LegendOF45
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April 04, 2018, 02:46:49 PM |
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I think this is a difficult thing and almost certainly not done, the dollar is supported by the strongest countries and almost all countries in the world use dollars for transactions so that the dollar's influence is very strong for the world.
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trader34
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April 04, 2018, 02:50:19 PM Last edit: April 04, 2018, 03:22:57 PM by trader34 |
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I'm very positive towards the future of bitcoin and its usability as a means of payment, but I don't think bitcoin will ever replace the dollar. Anyway, a prediction of something connected to cryptocurrencies in a 15 years time, can be considered like gambling. No one really knows what can happen in so many years...
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chipzeru
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April 05, 2018, 04:06:38 AM |
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I don't think it would be happen, at least not in 15 years. US Dollar is the strongest and the most used currency in the world. I don't think US government wants to replace dollar with bitcoin. Cryptocurrency may be accepted in the US but not replacing dollar.
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chrisculanag
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April 05, 2018, 04:55:13 AM |
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Maybe , but i think many more years to bitcoin be the number one , but if you look the important and uses of US dollars . You see that $ is important and only partners of bitcoin in all online store and online company that need $ and bitcoin . All trading are using both . So both of this are important to us.
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darel
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April 05, 2018, 05:24:28 AM |
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It's hard to predict, which we know still many countries in the world prohibit the existence of bitcoin and replacing the dollar in the next 15 years and if that's true of course we as bitcoin users that is in advantage.
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kalawang
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April 05, 2018, 05:44:25 AM |
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Do you seriously think that bitcoin can replace dollar? Bitcoin is not even close to this, how can bitcoin replace dollar when more then half of the world didn't hear about bitcoins in first place? It is too early to talk about any replacing, dollar is too big and widely spread that bitcoin can just replace it, that is a process, and do you even know what kind of mess that would cause in worlds economy? Look what happened after replacing traditional currencies in Europe with euros, I hear more complaining then positive comments.
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Coleth
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April 05, 2018, 06:04:37 AM |
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It will if, Bitcoin will properly dessiminated and informed. It be best if they can start teaching in college education for young people to be informed about it like financial management. If that's the case it will but at this point in time it is not yet dessiminated and well informed to the public i think it is not yet soon but still yet in the future.
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cherrymobile
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April 05, 2018, 07:06:40 AM |
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Theoretically possible. Bitcoin networks have been able to handle a lot more transactions per second than the current processing volume. But it is not yet fully mature enough to scale up to the main credit card network. Work to improve the current cap is ongoing and future demand is also very clear. From the beginning, every aspect of bitcoin networks are maturing, optimization and specialization, this process will continue in the next few years. As traffic increases, more bitcoin users may use lightweight clients, while full network nodes may become more specialized services. As far as we know, bitcoin is not defined by the legislature as illegal currency in most jurisdictions. However, some jurisdictions (such as Argentina and Russia) strictly restrict or ban foreign currencies. Other administrative jurisdictions (such as Thailand) may restrict the granting of licenses to certain entities, such as bitcoin trading platforms. Our country is the bitcoin is defined as a kind of Internet products, therefore, bitcoin digital currency to replace the dollar as the encryption is a thing very distant in the global circulation.
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Bastok
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April 05, 2018, 07:41:58 AM |
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I honestly don't think it'll happen, certainly not in 15 years... In 100 years maybe?
Agree with you. May be it will not happen. It will not replace dollar ,yet bitcoin will be part of a currency internationally. Not all citizen can afford bitcoin at the moment and government wants to control currency in each country.
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Neerajkumar
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April 05, 2018, 07:57:40 AM |
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It's quiet impossible.Though Bitcoin can be international currency but won't replace dollar at any cost.The increase in popularity doesn't mean that it can replace the international currency and could be at that place,it may happen that Bitcoin can be accepted worldwide as a medium of exchange but will not replace dollar at any cost.
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DPrillio
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April 05, 2018, 08:01:26 AM |
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Do you seriously think that bitcoin can replace dollar? Bitcoin is not even close to this, how can bitcoin replace dollar when more then half of the world didn't hear about bitcoins in first place? It is too early to talk about any replacing, dollar is too big and widely spread that bitcoin can just replace it, that is a process, and do you even know what kind of mess that would cause in worlds economy? Look what happened after replacing traditional currencies in Europe with euros, I hear more complaining then positive comments.
No, we are not thinking it seriously and what we are talking here is just a self imaginative thinking if bitcoin can replace dollar soon. On my own opinion I think there is a possibility but its difficult to happen at this time and maybe for the next generation the crypto currency will be the future or the universal money, imagine how our life evolve through technology and our world is continue marching and digging new and advance technology for the benefits of humanity and the monetary system as will.
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bajingluncat
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April 05, 2018, 06:57:45 PM |
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if it is said immediately I think it is impossible anyhow in the near future not many countries have acknowledged the existence of btc in fact there are still many who try to oppose it, besides btc still have many weaknesses, unstable prices for example, however dollar is the reference currency if btc is made the replacement will be very inconvenient, but if there is clarity of the system that can control the exchange rate, it is not impossible one day btc can be used as a substitute dollars
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sigam batat
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April 05, 2018, 07:16:38 PM |
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This is a very positive thing for the future of bitcoin because by being able to replace Dollar then bitcoin will be very strong at the top, because now the dollar is the guideline of the world-wide currency, and also if true can replace Dollar bitcoin will have a stable price .
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dodgrad
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April 05, 2018, 08:13:00 PM |
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I think it is not possibile now, because of course, much people are investing on bitcoin, but it is just cryptocurrency, so maybe it will happen in 15 years? It is a good question and no one knows what will be.
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hangar18
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April 06, 2018, 04:22:52 PM |
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Do you seriously think that bitcoin can replace dollar? Bitcoin is not even close to this, how can bitcoin replace dollar when more then half of the world didn't hear about bitcoins in first place? It is too early to talk about any replacing, dollar is too big and widely spread that bitcoin can just replace it, that is a process, and do you even know what kind of mess that would cause in worlds economy? Look what happened after replacing traditional currencies in Europe with euros, I hear more complaining then positive comments.
No, we are not thinking it seriously and what we are talking here is just a self imaginative thinking if bitcoin can replace dollar soon. On my own opinion I think there is a possibility but its difficult to happen at this time and maybe for the next generation the crypto currency will be the future or the universal money, imagine how our life evolve through technology and our world is continue marching and digging new and advance technology for the benefits of humanity and the monetary system as will. You have to remember the government has an important role on the world. Use cryptocurrency = accept the theory without the government. I know many people feel happy when the world has not the government, but remember without the government, the world will be more dangerous than ever, trust me
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