goinmerry
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Activity: 2940
Merit: 1083
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February 09, 2016, 10:42:29 AM |
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the problem is :
Bitcoin can't be trade in offline store , bitcoin need internet conection, bitcoin need smartphone to send it...
and dollar can be use in village without internet conection...
You nailed it brother!!! thats really whats hindering bitcoin to be used anywhere, but if every country could do a little improvisation such as free wifi connection in every corner or streets, then there's a possibility that bitcoin could start to be an alternative to dollar or any fiat..  So it needs to be a physical thing so that it can be used offline? I guess that is far away to happen or wont. To produce that kind of thing it need a lot of paperwork from the government and other stuffs. It cannot be done just like that. |
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ajun96
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February 09, 2016, 11:42:24 AM |
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the problem is :
Bitcoin can't be trade in offline store , bitcoin need internet conection, bitcoin need smartphone to send it...
and dollar can be use in village without internet conection...
Very true. for now we only can using bitcoin with internet connection, we can't using it with offline, The fundamental problem of bitcoin. I do not want to change bitcoin be offline. but people have to be modern, this age and era is more advanced |
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KingdomHearts
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February 09, 2016, 12:24:09 PM |
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I think it will be false because Bitcoin is an Internet currency that work on the decentralized system. That means that there is no central bank regulating the value of Bitcoin or anything like that. If you have Bitcoin you can pay and if you sell something, you can sell it for Bitcoins. It is a crypto-currency that exists only on internet, why did I say it was encrypted currency? Bitcoins are earned by crunching through complex math functions that allow your computer to get to certain information that in return gets you Bitcoin. |
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diegz
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February 09, 2016, 12:27:59 PM |
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the problem is :
Bitcoin can't be trade in offline store , bitcoin need internet conection, bitcoin need smartphone to send it...
and dollar can be use in village without internet conection...
You nailed it brother!!! thats really whats hindering bitcoin to be used anywhere, but if every country could do a little improvisation such as free wifi connection in every corner or streets, then there's a possibility that bitcoin could start to be an alternative to dollar or any fiat.. But to makes free wi-fi to every angle of country / city is not easy work , need a lot of estimates country. Also one of the important way to replace or popular as dollars is invite many persons to use bitcoin .. Yeah, bitcoins future depends on us, as much as possible we have to invite anyone to get in the community and start using bitcoin, that way we may not lessen the dollar users, but we added a new bitcoin user.. |
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hawkins
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February 09, 2016, 02:26:59 PM |
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No this will just never happen. I can't see why so many people ask
many people ask, because they think bitcoin is already better than the dollar, but the reality is not like that, I guess also bitcoin never be able to replace the dollar |
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arthurminton
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Activity: 86
Merit: 10
★YoBit.Net★ 350+ Coins Exchange & Dice
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February 09, 2016, 02:34:10 PM |
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well, in this turmoil in the global markets gold and bitcoin look like a safe haven. bitcoin is already a lot more stronger than dollar, and could replace dollar but wish some changes like some central bank or world bank takes control over bitcoin then answering this question will become a lot more interesting.
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BeGoods
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Activity: 1372
Merit: 1008
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February 09, 2016, 03:44:11 PM |
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Now way that will happen. Fiat is too much in its place, people are too accustomed to it and the economy too developed around it for that to happen soon.
The replacement of the dollar by the bitcoin is as real and likely as replacement of normal newspapers by internet news services. It will take a lot of time, but sooner or later will happen. Whether we like it or not, the world is changing, and technology moves forward. It is true. with the changing times and the digital era. people will start to get used to bitcoin over time one by one the people of the world will try to use bitcoin, this is just about the time, it may take a little more time |
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blackmachinegun
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February 09, 2016, 03:57:14 PM |
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i think that it is impossible but you never know, after a few decades it will be possible
it would be impossible for the near future but it will be possible in the future or a few more decades when everyone is using bitcoin. it is likely it will happen, but I think it takes a very long time |
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blackmachinegun
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February 10, 2016, 12:26:04 AM |
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I think that can not happen. The world is so large in order to replace that go. In Africa and other countries to know not even see what Bitcoins.
So how do you have to explain it to them like that will happen.
of course with the spread slowly. African people will know about bitcoin, you see bitcoin could spread to Asia. and a variety of small countries? bitcoin is great for all ages. so the people of Africa can certainly accept bitcoin |
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Mitchow
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February 10, 2016, 12:28:47 AM |
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i think that it is impossible but you never know, after a few decades it will be possible
it would be impossible for the near future but it will be possible in the future or a few more decades when everyone is using bitcoin. it is likely it will happen, but I think it takes a very long time Yeah it will take a long time for sure, and it is not impossible that bitcoin can never replace dollar, totally depends on the adoption level of the people and the support from Government of respective countries. |
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RoseMann
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February 12, 2016, 01:01:30 PM |
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i think that it is impossible but you never know, after a few decades it will be possible
it would be impossible for the near future but it will be possible in the future or a few more decades when everyone is using bitcoin. it is likely it will happen, but I think it takes a very long time Yeah it will take a long time for sure, and it is not impossible that bitcoin can never replace dollar, totally depends on the adoption level of the people and the support from Government of respective countries. Adoption is key to the success of bitcoin. If 100 million people in the world use bitcoin, it will be a very successful currency. |
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iamthesky
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February 12, 2016, 02:42:03 PM |
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i think that it is impossible but you never know, after a few decades it will be possible
it would be impossible for the near future but it will be possible in the future or a few more decades when everyone is using bitcoin. it is likely it will happen, but I think it takes a very long time Yeah it will take a long time for sure, and it is not impossible that bitcoin can never replace dollar, totally depends on the adoption level of the people and the support from Government of respective countries. Adoption is key to the success of bitcoin. If 100 million people in the world use bitcoin, it will be a very successful currency. Yes if the adoption reaches to a higher level then there would be opportunities that bitcoin getting on mainstream, and whether it will replace dollar or not, it is very difficult to judge at a moment, only time will tell the future. |
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Yauthitdar
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Activity: 201
Merit: 100
Proof-of-Asset Protocol
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February 20, 2016, 08:24:33 AM |
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Adoption is key to the success of bitcoin. If 100 million people in the world use bitcoin, it will be a very successful currency.
Yes if the adoption reaches to a higher level then there would be opportunities that bitcoin getting on mainstream, and whether it will replace dollar or not, it is very difficult to judge at a moment, only time will tell the future. [/quote] There are news exposure of bitcoin now. It is get familiar to the general public. If a small percentage of them use bitcoin, it is good. |
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elizabethqueen
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February 20, 2016, 02:52:24 PM |
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coinbase is my favorite wallet,and i'm sure coinbase CEO is trusted,and not hard to believe what he said,so i believe that bitcoin will replace dollar soon,yes more that 10 years again. |
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Laosai
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February 20, 2016, 02:55:02 PM |
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Bitcoin will not only replace dollar but fiat currency in general! And I hope it'll be soon ^^
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Mr.grin
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Merit: 1000
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February 20, 2016, 04:04:39 PM |
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Bitcoin will not only replace dollar but fiat currency in general! And I hope it'll be soon ^^
I guess that will not happen. if bitcoin replace the dollar, it will be very much changed and will be changed, it is better like this, because it might lead to instability of the economy |
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unixs_26
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Merit: 0
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February 20, 2016, 05:29:14 PM |
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BTC will replace Dollar probably in the few century
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treeguard
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February 20, 2016, 05:29:48 PM |
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one day bitcoin will surely replace dollar, i have no doubts that its price will soon rocket to the sky
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y8tvkid
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February 20, 2016, 09:21:35 PM |
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one day bitcoin will surely replace dollar, i have no doubts that its price will soon rocket to the sky
I don't think so, bitcoin will be more popular in future for sure but it cannot replace any major currency, and if you think it can replace dollar then that's simply not possible. |
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pneumatic5
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Merit: 100
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February 20, 2016, 10:27:31 PM |
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one day bitcoin will surely replace dollar, i have no doubts that its price will soon rocket to the sky
I don't think so, bitcoin will be more popular in future for sure but it cannot replace any major currency, and if you think it can replace dollar then that's simply not possible. Yeah, bitcoin will always be used as a secondary currency and I don't think it can take place of dollar in future as the users of dollar are huge as compared to bitcoins. |
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