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Author Topic: Do You Think Bitcoin Will Replace Dollar Soon?  (Read 417213 times)
Imran.shamsi
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January 09, 2016, 04:27:33 PM
 #561

Most people believe that Bitcoin will never replace the dollar, I am one of those people. I just never see Bitcoin replacing fiat, people love fiat too much for this to happen.

People doesn’t aware that much bitcoin that is reason for that dude. Now we can so many adaption taking place in many countries by companies around the world. And halving gonna happen Once these both done in bitcoin. Then Sure bitcoin will rule the world in USD’s place.

I dont know, i think we will still have some other currency, so you could calculate BTC price based on it. It will however be widely used on the internet i presume.

Most people believe that Bitcoin will never replace the dollar, I am one of those people. because virtual money not trust able as paper money. paper money use any where in the World.
sishendaoye
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January 09, 2016, 05:35:26 PM
 #562

I don't think so I have a lot of people still use fiat money and more people don't use bitcoin. So I doubt the goverment will just replace it. If that ever happens the goverment need to have a bitcoin specialist or something. Because it will be difficult for people to use if they don't know it.
hkla241
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January 10, 2016, 09:26:52 PM
 #563

if in my opinion, will not be able to replace bitcoin.

except bitcoin legalized by the American court..
Dux2K
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January 10, 2016, 09:29:39 PM
 #564

I might replace everything in online paying

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ridery99
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January 10, 2016, 09:29:43 PM
 #565

I want to believe  Smiley
MaritiJames3
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January 10, 2016, 10:29:33 PM
 #566

No I don't believe it and no it won't happen.
Bitcoin is too young and needs a lot of more trusted organizations like  big investment parties to achieve this goal.
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January 10, 2016, 10:30:35 PM
 #567

If the dollar keeps crashing and bitcoin's keeps getting more and more investors then yes the volume and the role of bitcoin in the financial market will change.
Replacing the dollar as the main currency of the world.
Yauthitdar
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January 12, 2016, 09:32:25 AM
 #568

If the dollar keeps crashing and bitcoin's keeps getting more and more investors then yes the volume and the role of bitcoin in the financial market will change.
Replacing the dollar as the main currency of the world.

Dollar will be used a lot by criminals in the future as it is a cash and not traceable. Eventually, the US government will stop using it.

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January 12, 2016, 09:44:39 AM
 #569

I think so in the future if it is more than 100 years I think. Some day everything well end also bitcoin.
So yeah we will see fiat money disappear at the end, but I think we are all dead in that time.

For now not going to happen fiat dollar money will be always be there a lot of people is using it.
nerFohanzo
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January 13, 2016, 10:24:32 AM
 #570

I think so in the future if it is more than 100 years I think. Some day everything well end also bitcoin.
So yeah we will see fiat money disappear at the end, but I think we are all dead in that time.

For now not going to happen fiat dollar money will be always be there a lot of people is using it.

Yeah it is difficult to replace dollar by any other currency as dollar is widely used and widely accepted across the globe, and dollar getting replaced by any digital currency??? Simply impossible, as people have more faith in dollar and there are many countries who are not aware about bitcoins and bitcoin is not widely used or accepted as a mode of payment, but dollar is used and accepted everywhere.
adibe
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January 13, 2016, 10:44:10 AM
 #571

I don't think so. It's impossible, even in next 50 years, i think it's still impossible. because not all people know about bitcoin, and the price like a gold. can increase and decrease.
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January 13, 2016, 03:37:13 PM
 #572

not soon but i must admit that i believe it will replace the dollar in a few years
I do not think so, if bitcoin improved, so did the dollar, it may be because today's dollar is the best money in the world after the euro, bitcoin might just be the best on the internet only  Sad

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TTMNewsMJ
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January 13, 2016, 11:29:29 PM
 #573

Yes I believe that it will replace the dollar soon.
JITENDERPAR
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January 13, 2016, 11:55:25 PM
 #574

yes i think in future bitcoin will replace the doller  if the doller using countries allows the use of bitcoins continuously. but i also think that if may happened that value of bitcoins falls that at much amount in comparison of doller that will tends to decrease the use of bitcoins this happened when the bitcoins usera starts selling thiers btc at low price ..continuously everyone .
thats all can happened  but according to my only thats all.
since everyone knows that the future of bitcoins seems to be very bright no one can ignore the quality of bitcoins .

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Pab
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January 13, 2016, 11:57:49 PM
 #575

Bitcoin will never replace dollar,may replace dollar whan USA will crash,lost indpendence,will it hppen,one day but not soon

 
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JITENDERPAR2
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January 14, 2016, 12:00:26 AM
 #576

Bitcoin is an extraordinary innovation. It also will never
replace the dollar or the euro, what Murck refers to as
“fiat currencies.” Fiat will win over bitcoin for the same
reason it won over gold, silver, and copper in early
modern Europe. Central banks, too, are a form of
technology. Like other technologies, they’ve improved
with iteration. Since the establishment of Sweden’s
Riksbank at the end of the 17th century, central banks
have been trying out new strategies, watching each
other and copying what works.
ajun96
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January 14, 2016, 12:29:16 AM
 #577

Bitcoin will never replace dollar,may replace dollar whan USA will crash,lost indpendence,will it hppen,one day but not soon
LOL USA is the largest country in the world, they are protective other country, impossible they will fall, unless Trump to be president lol
bitcoin will never replace dolar
diegz
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January 14, 2016, 03:33:43 AM
 #578

It won't replace dollar. it could probably but not soon. We know bitcoin, but how about the people around us?

K128kevin2
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January 14, 2016, 04:12:44 AM
 #579

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 sounds like a very short time period. Personally I think that it isn't going to replace the dollar, but if it did I would guess that it would take closer to 30 years than 15.
Yakamoto
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January 14, 2016, 04:18:49 AM
 #580

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 sounds like a very short time period. Personally I think that it isn't going to replace the dollar, but if it did I would guess that it would take closer to 30 years than 15.
Well it could take any space between those two points, it all depends what happens with the socio-economic scene in the world. If there is a gigantic financial collapse in some way that would be worse than the Great Depression, we could see assets like Bitcoin spike, and, if agreed on by enough nations, be made the world reserve currency, which would be close enough to replacing the dollar.

It all depends on what everyone is holding at the end of the collapse. Everyone can determine demand based on how much they want to exchange a common good for other goods.
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