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tabas
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May 23, 2016, 12:20:15 PM |
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No I do not think the bitcoin will ever replace the dollar because the dollar is simply way too big, I even think its the biggest currency alive right now.
Due to this fact the bitcoin could never achieve this in my eyes.
You can't say sure, Bitcoin can replace dollar to see the interest of people in it, it is now going to be acceptable worldwide. No one there is its national owner, it is made for online worldwide use and as now the age of Internet is spreading all over the world and all types of transaction are going to be done online, so it will replace. But the fiat maybe remain there in its place. It won't replace dollar, but they can be use at the same time. Since every country have its own currency. And a powerful country won't just change their currency with a decentralized currency, it would take a long time for it, |
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"Your bitcoin is secured in a way that is physically impossible for others to access, no matter for what reason, no matter how good the excuse, no matter a majority of miners, no matter what." -- Greg Maxwell
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torrentheaven
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May 23, 2016, 12:26:16 PM |
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No I do not think the bitcoin will ever replace the dollar because the dollar is simply way too big, I even think its the biggest currency alive right now.
Due to this fact the bitcoin could never achieve this in my eyes.
You can't say sure, Bitcoin can replace dollar to see the interest of people in it, it is now going to be acceptable worldwide. No one there is its national owner, it is made for online worldwide use and as now the age of Internet is spreading all over the world and all types of transaction are going to be done online, so it will replace. But the fiat maybe remain there in its place. It won't replace dollar, but they can be use at the same time. Since every country have its own currency. And a powerful country won't just change their currency with a decentralized currency, it would take a long time for it, No country will allow any digital currency to replace their national currency, and even people will prefer to use fiat currency as its easy and it is accepted everywhere. |
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BitHodler
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Activity: 1526
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May 23, 2016, 12:29:27 PM |
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No I do not think the bitcoin will ever replace the dollar because the dollar is simply way too big, I even think its the biggest currency alive right now.
Due to this fact the bitcoin could never achieve this in my eyes.
You can't say sure, Bitcoin can replace dollar to see the interest of people in it, it is now going to be acceptable worldwide. No one there is its national owner, it is made for online worldwide use and as now the age of Internet is spreading all over the world and all types of transaction are going to be done online, so it will replace. But the fiat maybe remain there in its place. It won't replace dollar, but they can be use at the same time. Since every country have its own currency. And a powerful country won't just change their currency with a decentralized currency, it would take a long time for it, There is absolutely no need for Bitcoin to replace the dollar or any other fiat currency as we need both in our lives. Fiat is what we need to pay all our bills and other important things with. Bitcoin is great to use as a secondary currency or simply to store money without needing a bank as it allows you to own your money for once. |
BSV is not the real Bcash. Bcash is the real Bcash.
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Fatanut
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May 23, 2016, 12:38:16 PM |
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No country will allow any digital currency to replace their national currency, and even people will prefer to use fiat currency as its easy and it is accepted everywhere.
But if the people of that country chose to use digital currency rather than their national currency, then there's a chance that their national currency get dumped. The government doesn't have a control on what people choose because even if they put a law about this, people can always use VPN and also you are anonymous in bitcoin transactions. Although they might somehow do something crazy to encourage their people to use fiat again like giving some freebies if you use fiat to buy something. |
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saiha
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May 23, 2016, 01:11:44 PM |
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No country will allow any digital currency to replace their national currency, and even people will prefer to use fiat currency as its easy and it is accepted everywhere.
I agree with this, currency of a country is already part of their culture, history and identity. With just an online currency that would be hard for bitcoin to replace dollar, even not just dollar but other currency as well. |
Vires in Numeris
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Marbit
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May 23, 2016, 01:25:09 PM |
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Nope. I very doubt government will want to relinquish control... As a sub currency it could gain mainstream use but i think there will be much blood before BTC replace the Dollar. It is true that bitcoin will not replace Dollar but it can bit the Dollar, As bitcoin market value is more and more than Dollar and its is onee kind of currency so it can bit Dollar. |
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saiha
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May 23, 2016, 01:34:40 PM |
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Nope. I very doubt government will want to relinquish control... As a sub currency it could gain mainstream use but i think there will be much blood before BTC replace the Dollar. It is true that bitcoin will not replace Dollar but it can bit the Dollar, As bitcoin market value is more and more than Dollar and its is onee kind of currency so it can bit Dollar. What bit means? or you are referring to "beat" ? If ever what are you implying to. But bitcoin will not replace dollar easily, I'm not sure if it can really replace it since it is a very stable currency of USA and as well as other countries are adopting dollar. |
Vires in Numeris
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goldcoinminer
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May 24, 2016, 02:00:34 AM |
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Nope. I very doubt government will want to relinquish control... As a sub currency it could gain mainstream use but i think there will be much blood before BTC replace the Dollar. It is true that bitcoin will not replace Dollar but it can bit the Dollar, As bitcoin market value is more and more than Dollar and its is onee kind of currency so it can bit Dollar. What bit means? or you are referring to "beat" ? If ever what are you implying to. But bitcoin will not replace dollar easily, I'm not sure if it can really replace it since it is a very stable currency of USA and as well as other countries are adopting dollar. I agree, the dollar has been in existence for may decades, therefore we cannot easily replace that since there are still a lot people who doesn't know how to use computers and if we go full digital they cannot spend, right? |
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thesame12
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May 24, 2016, 03:12:53 AM |
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I don't think that Bitcoin will replace dollar. Bitcoin is just too closely tied in with fiat for that to happen.
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Hatuferu
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https://trueflip.io/
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May 24, 2016, 04:19:46 AM |
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I don't think that Bitcoin will replace dollar. Bitcoin is just too closely tied in with fiat for that to happen.
Yeah! no way it will replace dollar soon, its too early for us to say that because dollar has been in the circulation for many years and the stability is good unlike bitcoins the stability is yet cannot be determined due to the price fluctuations. |
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LegendaryMembership
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May 24, 2016, 05:23:57 AM |
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of course yess  bitcoin will be 1st cryptocurrency in the world |
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InsideBjorn
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May 24, 2016, 07:17:05 AM |
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He will never replace the dollar at all thats because there are more dollar users then bitcoin users so for the question would he replace the dollar soon. Soon by far not but maybe in the future he will be big.
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Piltover
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May 24, 2016, 07:39:27 AM |
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I don't think that Bitcoin will replace dollar. Bitcoin is just too closely tied in with fiat for that to happen.
Yeah! no way it will replace dollar soon, its too early for us to say that because dollar has been in the circulation for many years and the stability is good unlike bitcoins the stability is yet cannot be determined due to the price fluctuations. No that will not happen soon and that is because you already can see now that there are still a lot of people is still using Dollar as their payment method and that is nice. But you have also to know that there are more people that is going to have some profit with Bitcoin because the value is going to be more worth. |
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goinmerry
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May 24, 2016, 08:01:21 AM |
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of course yess bitcoin will be 1st cryptocurrency in the world You say crypto. So it not dollar all the way. I agree with the crypto thing but not the worldly physical thing. Bticoin as an online currency and US dollar as a physical currency. That would be real fun. |
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tabas
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May 24, 2016, 08:49:55 AM |
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of course yess bitcoin will be 1st cryptocurrency in the world Yes bitcoin is the most popular crypto currency in the world today, but it is insufficient to replace dollar easily. It needs to have more time to be go through and to prove more about replacing dollar as the most powerful and used currency in the world. |
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RobinHoodster
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May 24, 2016, 02:01:36 PM |
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The Bitcoin is never going to replace the Dollar. The USA will never let a other currency take over there currency. It can happen if Amerika wants to take over the Bitcoin but it is not going to happen if the Bitcoin wants to take over the Dollar.
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bf4btc
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May 24, 2016, 02:13:18 PM |
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The Bitcoin is never going to replace the Dollar. The USA will never let a other currency take over there currency. It can happen if Amerika wants to take over the Bitcoin but it is not going to happen if the Bitcoin wants to take over the Dollar.
Yes USA wants to control supply of their currency but bitcoin has a limited supply.so even if USA want to use a digital currency for their economy they will create a new one instead of using an existing currency that they can't control. |
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eddyubachs
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May 24, 2016, 02:21:39 PM |
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The Bitcoin is never going to replace the Dollar. The USA will never let a other currency take over there currency. It can happen if Amerika wants to take over the Bitcoin but it is not going to happen if the Bitcoin wants to take over the Dollar.
Bitcoin can never over take dollar, not even in future as dollar is considered to be the king of currency and its not easy for bitcoin to replace strong currency like dollar. |
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hawkins
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May 24, 2016, 02:47:12 PM |
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The Bitcoin is never going to replace the Dollar. The USA will never let a other currency take over there currency. It can happen if Amerika wants to take over the Bitcoin but it is not going to happen if the Bitcoin wants to take over the Dollar.
Bitcoin can never over take dollar, not even in future as dollar is considered to be the king of currency and its not easy for bitcoin to replace strong currency like dollar. I think bitcoin and the dollar are two different things, possible future uses bitcoin only limited use of credit cards at the moment, but might overpower popularity dollar |
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sirohige
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May 24, 2016, 06:01:35 PM |
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this is depending about bitcoin user, suporter and investor.
if all people in the world using bitcoin as payment, im sure bitcoin can replace dollar.
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