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Author Topic: Do You Think Bitcoin Will Replace Dollar Soon?  (Read 415156 times)
aliceayag
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April 17, 2018, 05:43:47 AM
 #5601

We can't say that bitcoin will replace dollar or gold . But one thing i will say, Bitcoin is a type of digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank.
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April 17, 2018, 06:57:40 AM
 #5602

The alternative is not to mention each currency has its own characteristics and advantages such as paper money can be traded directly from the buyer to the user bitcoin can be traded online via online shopping channels
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April 17, 2018, 07:03:39 AM
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The answer is no. It is impossible to obtain sovereign protection of the heterogeneous, which itself has a fatal flaw, such as payment efficiency problems and even become a Ponzi scheme, the competition between the miners and monopolies also threaten the market order of Bitcoin.
lantan81383628
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April 17, 2018, 08:03:59 AM
 #5604

The development of digital currencies such as bitcoin has also had a huge impact on the existing monetary system. Through bitcoin, we can realize the free flow of enterprise and personal wealth in the world, and completely break through the foreign exchange management system of various countries. If there is no national boundaries to achieve global wealth transfer free, fair and free movement of goods means unified global capital flows to the currency, the global financial unification will be just around the corner, then the global economic and financial or will be more transparent, more fair and efficient, more conducive to the free flow of factors, various countries trade barriers and capital restrictions will not attack and broken.

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tentara pelajar
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April 17, 2018, 08:22:10 AM
 #5605

Actually bitcoin is very potential to replace the dollar as the world currency. But it seems there will be many obstacles to realize it. For example, currently bitcoin is not feasible if used as a currency because of its fluctuation.
willnotwas
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April 17, 2018, 08:28:00 AM
 #5606

It will never happen. People are too divided to be united under one central government. There are many conflicts of interests right now and that won't change.
Bitcoin is a currency existing over borders or divides therefore is a threat to every national currency, for now governments are turning blind eye to it.

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April 17, 2018, 08:32:43 AM
 #5607

Well bitcoin stand a chance to replace dollar or others hot, but I don't see it happen soon, because there is allot to be done to make bitcoin universe hot coin, dollar had been existence for years, I don't see it happen soon.
bangkit tri
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April 17, 2018, 08:33:25 AM
 #5608

It will never happen. People are too divided to be united under one central government. There are many conflicts of interests right now and that won't change.
Bitcoin is a currency existing over borders or divides therefore is a threat to every national currency, for now governments are turning blind eye to it.
i think government does not turn a blind eye to it, but they do not know the best solution for bitcoin problems. and i think the government will not replace usd with btc, because usd is the state emblem

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