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Author Topic: Do You Think Bitcoin Will Replace Dollar Soon?  (Read 417150 times)
gregyoung14
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February 22, 2016, 03:56:34 PM
 #781

That can't really happen. Not ever. The closest thing that could ever happen is Bitcoin being widespread and used by many among countries. But it can never really replace a national currency.
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February 22, 2016, 06:09:32 PM
 #782

If bitcoin ever does replace the dollar then all the world's currency also will be got replaced. So, this fact has to be taken into consideration and it can happen after a century once bitcoin gets more establishments.

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February 22, 2016, 06:39:46 PM
 #783

Nope, I don't think that will happen.

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Anddos
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February 22, 2016, 07:00:45 PM
 #784

There will always be a need for some kind of fiat. So no, it won't happen.

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February 22, 2016, 07:05:47 PM
 #785

There will always be a need for some kind of fiat. So no, it won't happen.

Maybe there will be no fiat in the future. All the fiat will be in digital form. The Chinese government is going to issue a digital currency.

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February 23, 2016, 10:04:54 AM
 #786

There will always be a need for some kind of fiat. So no, it won't happen.

Maybe there will be no fiat in the future. All the fiat will be in digital form. The Chinese government is going to issue a digital currency.
No that cant happen. The price is now going ups so that will not happen that fast indeed. Many people also need some normal dollars.
Of course Bitcoin will be more popular now and more people use it so that is good for the future.
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February 23, 2016, 02:09:36 PM
 #787

There will always be a need for some kind of fiat. So no, it won't happen.

Maybe there will be no fiat in the future. All the fiat will be in digital form. The Chinese government is going to issue a digital currency.

I havent tried to imagine it on how it will be if it is all digital in one country. Now I got something to think of. And later I will have coffee and try to imagine how it will be. And what will be the risks.
Mitchow
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February 23, 2016, 10:15:21 PM
 #788

There will always be a need for some kind of fiat. So no, it won't happen.

Maybe there will be no fiat in the future. All the fiat will be in digital form. The Chinese government is going to issue a digital currency.

I havent tried to imagine it on how it will be if it is all digital in one country. Now I got something to think of. And later I will have coffee and try to imagine how it will be. And what will be the risks.

I don't think that its ever gonna happen, that dollar will simply disappear in future and any crypto replacing it is simply not possible, dollar will never die, as it is considered as a most powerful currency.
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February 23, 2016, 10:39:40 PM
 #789

Just think about 15 years ago there wasn't even normal internet, we connect through dial-ups for 56k. 15 years is a very long time considering how fast technology changes. Bitcoin is the new form of money so it might not replace but it become a very good alternative to dollar by masses soon.

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February 24, 2016, 02:15:28 AM
 #790

There will always be a need for some kind of fiat. So no, it won't happen.

Maybe there will be no fiat in the future. All the fiat will be in digital form. The Chinese government is going to issue a digital currency.
do you think fiat cannot make a digital currency? credit or debit card and ATM is an example dude
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February 24, 2016, 02:26:32 AM
 #791

Just think about 15 years ago there wasn't even normal internet, we connect through dial-ups for 56k. 15 years is a very long time considering how fast technology changes. Bitcoin is the new form of money so it might not replace but it become a very good alternative to dollar by masses soon.
There is no way to believe bitcoin could replace a giant fiat currency dollar.
But I could agree with your opinion about bitcoin possible to be a good alternative for dollar.

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February 24, 2016, 02:35:37 AM
 #792

Just think about 15 years ago there wasn't even normal internet, we connect through dial-ups for 56k. 15 years is a very long time considering how fast technology changes. Bitcoin is the new form of money so it might not replace but it become a very good alternative to dollar by masses soon.
There is no way to believe bitcoin could replace a giant fiat currency dollar.
But I could agree with your opinion about bitcoin possible to be a good alternative for dollar.

bitcoin indeed be an alternative other than the fiat dollar. instances when the Greek bankruptcy cases and they have other alternatives and use bitcoin.
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February 24, 2016, 07:37:52 AM
 #793

There will always be a need for some kind of fiat. So no, it won't happen.

Maybe there will be no fiat in the future. All the fiat will be in digital form. The Chinese government is going to issue a digital currency.

I havent tried to imagine it on how it will be if it is all digital in one country. Now I got something to think of. And later I will have coffee and try to imagine how it will be. And what will be the risks.

I don't think that its ever gonna happen, that dollar will simply disappear in future and any crypto replacing it is simply not possible, dollar will never die, as it is considered as a most powerful currency.

Agree. Or if dollar dies. People will just create another thing that they can touch for trading. A paper or a gemstone, golds, silvers, diamonds. There are many things that is possible but not online money. It will really be hard for other people.
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February 24, 2016, 08:10:20 AM
 #794

Just think about 15 years ago there wasn't even normal internet, we connect through dial-ups for 56k. 15 years is a very long time considering how fast technology changes. Bitcoin is the new form of money so it might not replace but it become a very good alternative to dollar by masses soon.
There is no way to believe bitcoin could replace a giant fiat currency dollar.
But I could agree with your opinion about bitcoin possible to be a good alternative for dollar.

bitcoin indeed be an alternative other than the fiat dollar. instances when the Greek bankruptcy cases and they have other alternatives and use bitcoin.

Correct there is no replacing something. Just a better alternative for regular payments.
The moment fiat collapse it will mean the financial markets will collapse.

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February 24, 2016, 08:53:09 AM
 #795

Just think about 15 years ago there wasn't even normal internet, we connect through dial-ups for 56k. 15 years is a very long time considering how fast technology changes. Bitcoin is the new form of money so it might not replace but it become a very good alternative to dollar by masses soon.
There is no way to believe bitcoin could replace a giant fiat currency dollar.
But I could agree with your opinion about bitcoin possible to be a good alternative for dollar.

bitcoin indeed be an alternative other than the fiat dollar. instances when the Greek bankruptcy cases and they have other alternatives and use bitcoin.

Correct there is no replacing something. Just a better alternative for regular payments.
The moment fiat collapse it will mean the financial markets will collapse.

There needs a replacement only if something doesn't work properly. Now dollar is greatly accepted as well there is no such flaw to replace with some other currency. At any situation dollar can't be replaced.

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February 24, 2016, 09:20:03 AM
 #796

Just think about 15 years ago there wasn't even normal internet, we connect through dial-ups for 56k. 15 years is a very long time considering how fast technology changes. Bitcoin is the new form of money so it might not replace but it become a very good alternative to dollar by masses soon.
There is no way to believe bitcoin could replace a giant fiat currency dollar.
But I could agree with your opinion about bitcoin possible to be a good alternative for dollar.

bitcoin indeed be an alternative other than the fiat dollar. instances when the Greek bankruptcy cases and they have other alternatives and use bitcoin.
alternative currencies? hmm sounds interesting. could it not make bitcoin users decreased?
because a lot of people that had the expectation that bitcoin should replace fiat in the future
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February 24, 2016, 09:33:41 AM
 #797

Just think about 15 years ago there wasn't even normal internet, we connect through dial-ups for 56k. 15 years is a very long time considering how fast technology changes. Bitcoin is the new form of money so it might not replace but it become a very good alternative to dollar by masses soon.
There is no way to believe bitcoin could replace a giant fiat currency dollar.
But I could agree with your opinion about bitcoin possible to be a good alternative for dollar.

bitcoin indeed be an alternative other than the fiat dollar. instances when the Greek bankruptcy cases and they have other alternatives and use bitcoin.

Correct there is no replacing something. Just a better alternative for regular payments.
The moment fiat collapse it will mean the financial markets will collapse.

There needs a replacement only if something doesn't work properly. Now dollar is greatly accepted as well there is no such flaw to replace with some other currency. At any situation dollar can't be replaced.

Yeah, dollar is very powerful currency since the past, and it will continue to be powerful in future too, as it is widely used and widely accepted as compared to bitcoins.
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February 24, 2016, 09:36:26 AM
 #798

Just think about 15 years ago there wasn't even normal internet, we connect through dial-ups for 56k. 15 years is a very long time considering how fast technology changes. Bitcoin is the new form of money so it might not replace but it become a very good alternative to dollar by masses soon.
There is no way to believe bitcoin could replace a giant fiat currency dollar.
But I could agree with your opinion about bitcoin possible to be a good alternative for dollar.

bitcoin indeed be an alternative other than the fiat dollar. instances when the Greek bankruptcy cases and they have other alternatives and use bitcoin.

Correct there is no replacing something. Just a better alternative for regular payments.
The moment fiat collapse it will mean the financial markets will collapse.

There needs a replacement only if something doesn't work properly. Now dollar is greatly accepted as well there is no such flaw to replace with some other currency. At any situation dollar can't be replaced.

Yeah, dollar is very powerful currency since the past, and it will continue to be powerful in future too, as it is widely used and widely accepted as compared to bitcoins.

Not to mention they can print it out of thin air which is what we cal the Quantitative Easing. In bitcoin, they need proof-of-work, in USD there's none Smiley

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February 24, 2016, 10:32:38 AM
 #799

May be in future it can replace dollar, but the chances are very rare, as dollar is more  popular in compare to bitcoins, but anything is possible in this tech advanced world.
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February 24, 2016, 10:58:19 AM
 #800

May be in future it can replace dollar, but the chances are very rare, as dollar is more  popular in compare to bitcoins, but anything is possible in this tech advanced world.

It cant! Bitcoin needs to be physically seen. Just think of what is happening now. We are not growing as a full blast community. And why is that. Because people wants something that they can touch. Something they can hold on to.
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