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Author Topic: Do You Think Bitcoin Will Replace Dollar Soon?  (Read 417150 times)
dre1982
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September 08, 2015, 04:56:08 PM
 #161

Anything is possible especially bitcoin has very big future. I can see bitcoin in the future being widely used just like a fiat and eventually replace dollars. I'll keep my faith on bitcoin Smiley

Bitcoin had a great future. But replacing the dollar would be huge, too huge. As others said the governments want to control anything so they wouldn't replace their own controlled currency.



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September 08, 2015, 05:08:09 PM
 #162

it sounds incredible, but it is not as easy as it sounds especially in the time period is too short in my opinion, but no one could guess the future, maybe just happened disaster that resulted it becomes a reality  Grin
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September 08, 2015, 05:10:30 PM
 #163

It sounds very far to happen as a lot of people still do not know what is bitcoin while all people know what dollar is and they use it
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September 08, 2015, 05:11:07 PM
 #164

Anything is possible especially bitcoin has very big future. I can see bitcoin in the future being widely used just like a fiat and eventually replace dollars. I'll keep my faith on bitcoin Smiley

Bitcoin had a great future. But replacing the dollar would be huge, too huge. As others said the governments want to control anything so they wouldn't replace their own controlled currency.
it is true, except that if the bitcoin replace the dollar, the world of finance will not be stable, because the current price of the dollar being a role model that other currencies
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September 08, 2015, 11:29:25 PM
 #165

If the world reserve currency which is the dollar dies, another fiat form would take its place.

Meaning another country took the initiative which all points to china. Thats if we really did see the dollar collapse, but when we do see this it`ll be in stages im sure.
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September 09, 2015, 03:14:44 AM
 #166

It sounds very far to happen as a lot of people still do not know what is bitcoin while all people know what dollar is and they use it

it wont happen regardless the way I see it.

I feel like the banks will keep doing what they do, and the time I see it replace it to the dollar I`d be long gone.

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September 09, 2015, 03:18:09 AM
 #167

hopefully not.. i prefer bitcoin with own currency, dollar will be dollar.. better stay like this

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September 09, 2015, 03:26:58 AM
 #168

Bitcoin cannot replace the Dollar anymore than the Dollar can replace the Peso.

And who would really want that?

It's best for decentralized currency to stay decentralized.

Now, that's not to say that we won't have fiat blockchains, and I expect that in much less than 15 years.
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September 09, 2015, 03:43:37 AM
 #169

hopefully not.. i prefer bitcoin with own currency, dollar will be dollar.. better stay like this

you do realise that most of our bills are paid with fiat money right lol.

so even if it does become the currency lets just say, what will most of us do with $10,000 in our bank account etc.

People would riot so hard.. even bigger then the 99% vs the 1% riots.

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September 09, 2015, 04:30:40 AM
 #170

Do You Think Bitcoin Will Replace Dollar Soon?

Im not sure about it, but Bitcoin will be use at all company Smiley
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September 09, 2015, 04:40:19 AM
 #171

Do You Think Bitcoin Will Replace Dollar Soon?

Im not sure about it, but Bitcoin will be use at all company Smiley


its for sure a wide spread form for everyone to use, similar to the internet.

but its how we capitalize on this great thing, and frankly theres not much options outside from looking it as a money transmitter.

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September 09, 2015, 05:07:39 AM
 #172

Do You Think Bitcoin Will Replace Dollar Soon?

Im not sure about it, but Bitcoin will be use at all company Smiley


its for sure a wide spread form for everyone to use, similar to the internet.

but its how we capitalize on this great thing, and frankly theres not much options outside from looking it as a money transmitter.
we will not know what technology will in the future, maybe people do not need to wear a smartphone, because the shape of the smartphone has turned into a watch, only time will determine the future
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September 09, 2015, 06:52:50 AM
 #173

Replacing Bitcoin in Dollar is like asking a question that who came first Hen or a Egg, The main strategy to make Virtual Currency like Bitcoins is not replacing any other currency but to adapt online transactions and Illegal transaction what all tells about SILK ROUTE, that was the main reson to create Bitcoins, but now Silk Route is closed and bitcoin is becoming real currency, but without other original Currency Bitcoin is nothing, their is no fundamental and theoratically about bitcoins.

First Bitcoin have to be mainted correctly in Blocks , that is the major issues is facing . if bitcoins have to replace any other currency then it have to accept some strategy.

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September 09, 2015, 09:26:45 PM
 #174

Do You Think Bitcoin Will Replace Dollar Soon?

Im not sure about it, but Bitcoin will be use at all company Smiley


its for sure a wide spread form for everyone to use, similar to the internet.

but its how we capitalize on this great thing, and frankly theres not much options outside from looking it as a money transmitter.
we will not know what technology will in the future, maybe people do not need to wear a smartphone, because the shape of the smartphone has turned into a watch, only time will determine the future

i doubt things will replace the smartphone lol.

I mean look at apple watch, it still needs the smartphone to synce with doing things. Most people think the apple watch is a joke lol.
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September 13, 2015, 11:56:58 AM
 #175

I think dollar will replace and are replacing to many other currencies in to many part of world. people prefer to use dollar because of its credibility and accepting everywhere without hesitation. As for bitcoin there is a great coin but have lacks compared to dollar.
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September 13, 2015, 08:23:15 PM
 #176

If bitcoin replace dollar by any chance,many governments will set up their own large mining farms to mine bitcoin.That will create some serious implications to bitcoin and world economy.It will kinda star Mining War

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September 13, 2015, 09:06:37 PM
 #177

If bitcoin replace dollar by any chance,many governments will set up their own large mining farms to mine bitcoin.That will create some serious implications to bitcoin and world economy.It will kinda star Mining War

BTC is way too small for developed countries to make BTC its currency. Either way its not a consideration at the moment. BTC will be the mainstream way to send money, replacing Paypal and Mastercard long before it get taken as a global currency.


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September 16, 2015, 12:33:51 AM
 #178

hopefully not.. i prefer bitcoin with own currency, dollar will be dollar.. better stay like this

I think this as well, let the dollar by itself whether it crashes or not, bitcoin is going to be a parallel money and online payment system.

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September 16, 2015, 07:48:50 AM
 #179

hopefully not.. i prefer bitcoin with own currency, dollar will be dollar.. better stay like this

I think this as well, let the dollar by itself whether it crashes or not, bitcoin is going to be a parallel money and online payment system.

finally people that also think bitcoin is just an alternative to fiat currency. people who think bitcoin will replace fiat aren't thinking in a realistic way. there is nothing wrong with bitcoin being just an alternative.
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September 16, 2015, 07:55:19 AM
 #180


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.

I can see that you've got high hopes about bitcoin but dollar has been there long before bitcoin has been established but I don't think that it would replace USD anytime soon. We're a small community compared to the fiat and I'm pretty sure you know where I'm going with this.

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