Do You Think Bitcoin Will Replace Dollar Soon?

[randal9]

soon? nah, doubt it.
later? definitely but doesn't mean bitcoin will completely eradicate money.

Bitcoins has many pros: money transfers are easy, low fees, security and privacy in payments are a few. But in all of its advantages, it cannot replace paper money.

Even though bitcoin is continually becoming global day by day, it still not as accessible as  paper money or as convenient. Its still under development. And there are still many poor countries in the world without access to this kind of information let alone a computer with internet connection, so e-money is not really a choice.

And as i said, its E-MONEY. Cryptocurrency. Most people does not really trust something they cannot touch. They have no assurance that they really have that kind of money without holding it on their own two hands.

So yeah, until people have been informed and assured that its legit, paper money is still the way to go.

[goldcoinminer]

Bitcoin is just another currencie,that can be exchanged against any other currencie,with a high value against any.Bitcoin values isnt either 1% i would risk to say such but,about any currencie around the world volume,soo why it should be able to replace?We will advance and fiat printed will be over

Bitcoin is not as special as the fiat or dollar, it does not have the blessing of the government to consider this as a legal tender, in law only legal transact are valid and legal in transact and since bitcoin does not bear with a qualification, it will be hard for it to replace dollar.

[Wowcoin]

No never replace dollar by bitcoin because we all know that dollar is world currency so no one crypto currency replace dollar.

[MTBTT]

No, there's no way bitcoin will ever replace dollar. Dollar is widely and commonly used for everyone in this world, bitcoin has no power in compare with dollar. Also, bitcoin value is depends on dollar, if dollar collapse so does bitcoin.

yeah i think bitcoin will not be able to match the power of the dollar, let alone the dollar is supported by the government, and no one will be able to fight the government.

[hajimasan]

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?

yes , ofcourse because the reason of the publicity and famous quality of bitcoin .
Bitcoin now because a globally famous currency .
but still there is need of for the advertise bitcoin . because every people don't know about Bitcoin .

[gabmen]

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?

yes , ofcourse because the reason of the publicity and famous quality of bitcoin .
Bitcoin now because a globally famous currency .
but still there is need of for the advertise bitcoin . because every people don't know about Bitcoin .

It may eventually do that but i don't think it would be in the next ten or more years. Judging from howbbutcoin is performing right now, it has a chance of challenging the dollar but to replace it, it would take way longer for bitcoin to do that.

[Sorrowfox]

i think that it would have high possibility that bitcoin replaced dollars according to its value

[agustina2]

It may eventually do that but i don't think it would be in the next ten or more years. Judging from howbbutcoin is performing right now, it has a chance of challenging the dollar but to replace it, it would take way longer for bitcoin to do that.

And besides everything must be balanced. I can't think of a great factor why bitcoin can replaced dollar in the future.

We are just expecting too much in bitcoin so don't take this to the point where it's really impossible to happen.

[virasog]

i think that it would have high possibility that bitcoin replaced dollars according to its value

Yeah, but the point is that why bitcoin change into dollar, Dollar is a fiat currency and Bitcoin is a crypto currency, both have a different ways, and also it mean bitcoin would be changed into fiat currency?
I am 100% certain, that bitcoin always maintain its places and in future bitcoin never to be changed. 

[romero121]

It may eventually do that but i don't think it would be in the next ten or more years. Judging from howbbutcoin is performing right now, it has a chance of challenging the dollar but to replace it, it would take way longer for bitcoin to do that.

And besides everything must be balanced. I can't think of a great factor why bitcoin can replaced dollar in the future.

We are just expecting too much in bitcoin so don't take this to the point where it's really impossible to happen.

As described by the above mate, we were expecting too much from the bitcoin as well other digital currencies. Compared to the history of dollars, bitcoin is still young to overcome various other currencies and replace dollar.

[BitHodler]

It may eventually do that but i don't think it would be in the next ten or more years. Judging from howbbutcoin is performing right now, it has a chance of challenging the dollar but to replace it, it would take way longer for bitcoin to do that.

And besides everything must be balanced. I can't think of a great factor why bitcoin can replaced dollar in the future.

We are just expecting too much in bitcoin so don't take this to the point where it's really impossible to happen.

As described by the above mate, we were expecting too much from the bitcoin as well other digital currencies. Compared to the history of dollars, bitcoin is still young to overcome various other currencies and replace dollar.

The thing is that people shouldn't be thinking about whether or not Bitcoin is able to replace even the weakest fiat currency in the world as it will not happen.

As long as that sinks through, people will then directly realize that replacing the Dollar is something that is only possible when done by the government itself, and not Bitcoin.

Bitcoin is an alternative currency, and nothing more. It's working, people are already using it on a daily basis, it's an investment as well, store of wealth, and the list goes on. Instead of day dreaming, use it.

[Aamir1]

i think that it would have high possibility that bitcoin replaced dollars according to its value

And what about the quantity? Value is not everything, but just think before saying it can replace dollar by seeing the limitation of it, dollar does not have a limited amount being used in the world, that is something can be generated by the government or the bank of america, but bitcoins has a limited amount which wont be increased so i dont think it can fill the gape.

[Fatamorgana]

I don't trust the source of that article. I do believe that bitcoin eventually replace the dollar but not within 15 years it will take way longer than that. Imagine how many people need to adjust to the bitcoin currency. I do believe the bitcoin is the future and a really good investment

[OrangeSeller]

i think that it would have high possibility that bitcoin replaced dollars according to its value

according to it's value yes.. bitcoin already beaten dollars in bases of value. one bitcoin is equal of 600 Dollars. but according to the usage bitcoin is far far away to replace dollar.
it is almost impossible to replace dollar. at least this time it is impossible.

[gabmen]

i think that it would have high possibility that bitcoin replaced dollars according to its value

according to it's value yes.. bitcoin already beaten dollars in bases of value. one bitcoin is equal of 600 Dollars. but according to the usage bitcoin is far far away to replace dollar.
it is almost impossible to replace dollar. at least this time it is impossible.

Yup very far even to challenge the dollar reign right now. Can't see it happening in the next 10years. Although as you've said, right now bitcoin is showing huge promise and potential, with how people are so used to the dollar, i think it might not happen at all

[DeDordtenaar]

No never replace dollar by bitcoin because we all know that dollar is world currency so no one crypto currency replace dollar.

what if bitcoin be an option from the dollar to the currency of the world? I think that would be impossible to shift or replace dollars from the main venue. because I think the dollar has become a symbol for international currencies, and the dollar is also used by many countries for international transactions

[kotwica666]

No never replace dollar by bitcoin because we all know that dollar is world currency so no one crypto currency replace dollar.

what if bitcoin be an option from the dollar to the currency of the world? I think that would be impossible to shift or replace dollars from the main venue. because I think the dollar has become a symbol for international currencies, and the dollar is also used by many countries for international transactions

Dollar is/was strong only because of oil. The era of oil is already slowly ends. It is just matter of time when electronic payment will take advantage on physical money. In Scandinavians countries already 50% of transactions that are digital transactions.. Time of dollar is running..

[Rmaqks]

I think it will never happen. And Dollar and Bitcoin will live. These systems do not replace each other, but complementary. Everyone has the right to choose for him a comfortable system

[Ismay]

I think it will never happen. And Dollar and Bitcoin will live. These systems do not replace each other, but complementary. Everyone has the right to choose for him a comfortable system

It will happen, but maybe in decades. The bitcoin has a limited supply and the value will rise over time.

[Gifted]

Never if the corrupt powers stay in Congress . They will always need control.. not to mention Bitcoin will not have enough zeros because the dollars is the worlds reserved note