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Author Topic: Do You Think Bitcoin Will Replace Dollar Soon?  (Read 417208 times)
kazary
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March 01, 2017, 05:22:36 AM
 #2721

It will not happen soon but there is of course a chance that it will be possible because you also see that Bitcoin is getting more used and more acceptable so that is nice
diegz
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March 01, 2017, 05:57:05 AM
 #2722

It will not happen soon but there is of course a chance that it will be possible because you also see that Bitcoin is getting more used and more acceptable so that is nice

I think that's not a criteria on why bitcoin would replace dollar.  Smiley

Governments don't want something that is uncontrollable. It's either they kill it or acquire it. Same as in bitcoin, It will only replace dollar if it is under the  control of the government, probably a centralized one.  Smiley

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March 01, 2017, 07:04:11 AM
 #2723

I'm not sure that Bitcoin will replace fiat. I do not see any sense in it. Bitcoin has already taken its place in the economy and in the life of users. Why do we need to Bitcoin replaced the dollar
Bitcoin is supporting our digital financial but not for the our real financial. bitcoin is not taking the place of fiat. and bitcoin still have a lot of the home work with the government authorities about to the legal statue.
yes currently its look like impossible but i think it is possible  but late in future not so early. when all people will accept bitcoin and will start bitcoin instead of fiat. then fiat will become useless and bitcoin will surely take its place.
Bitcoin could reach major adoption and yet it will never replace the dollar the US government is not going to allow for any currency other than their own to be legal tender in the US fortunately bitcoin does not have to replace the dollar to become the best currency in the world.
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March 01, 2017, 07:08:20 AM
 #2724

It will not happen soon but there is of course a chance that it will be possible because you also see that Bitcoin is getting more used and more acceptable so that is nice

I think that's not a criteria on why bitcoin would replace dollar.  Smiley

Governments don't want something that is uncontrollable. It's either they kill it or acquire it. Same as in bitcoin, It will only replace dollar if it is under the  control of the government, probably a centralized one.  Smiley
Honestly, we need to be realistic so we will know the real answer. Bitcoin in any way cannot replace Dollar because that currency is too powerful and I even doubt if we can replace a weak currency. The thing is, we do not belong to their level since we are decentralized while every countries currency has their own government to protect and to improve theirs.

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March 01, 2017, 08:14:16 AM
 #2725

It will not happen soon but there is of course a chance that it will be possible because you also see that Bitcoin is getting more used and more acceptable so that is nice

I think that's not a criteria on why bitcoin would replace dollar.  Smiley

Governments don't want something that is uncontrollable. It's either they kill it or acquire it. Same as in bitcoin, It will only replace dollar if it is under the  control of the government, probably a centralized one.  Smiley
Honestly, we need to be realistic so we will know the real answer. Bitcoin in any way cannot replace Dollar because that currency is too powerful and I even doubt if we can replace a weak currency. The thing is, we do not belong to their level since we are decentralized while every countries currency has their own government to protect and to improve theirs.

I agree with you, the Government of each country will defend its national currency. Bitcoin is good for people, but not for praviteltstva. That is why he will never be able to replace the dollar
gracia0023
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March 01, 2017, 08:23:26 AM
 #2726

I don't think this will happen. USD is one of the major currencies that rules the world economy. It is very established as well.
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March 01, 2017, 08:32:03 AM
 #2727

US Dollar is a very popular not just popular but a very powerful currency. It is very known world wide. Some country also depends on US dollar, making it powerful, so i don't think it will happen soon. Maybe someday but not so soon.

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Big R94
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March 01, 2017, 09:21:52 AM
 #2728

I don't think so,Bitcoin will never replace dollar.this two things are different. We know the price of dollar and I think nothing can replace this so Probably its not possible.
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March 01, 2017, 09:23:00 AM
 #2729

US Dollar is a very popular not just popular but a very powerful currency. It is very known world wide. Some country also depends on US dollar, making it powerful, so i don't think it will happen soon. Maybe someday but not so soon.
I do agree with you. Dollar is too strong to be replaced and I doubt that in the next 10 years Bitcoin can take over dollar. The USA is a strong country which subsidizes many other countries and as you say, many of them depend on the America. Moreover, Bitcoin is an advance technology while there are still countries which are not developed enough to buy equipment and gadgets to use this cryptocurrency. Bitcoin will replace the Dollar but we still have to wait for a long time





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anami57
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March 01, 2017, 11:17:30 AM
 #2730

I don't think so,Bitcoin will never replace dollar.this two things are different. We know the price of dollar and I think nothing can replace this so Probably its not possible.

same with me. Bitcoin will be superpopular in the world. but never replace dollar.
DoublerHunter
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March 01, 2017, 12:05:38 PM
 #2731

I don't think so,Bitcoin will never replace dollar.this two things are different. We know the price of dollar and I think nothing can replace this so Probably its not possible.

same with me. Bitcoin will be superpopular in the world. but never replace dollar.
Bitcoin will never replaced dollar because dollar is so powerful and the governments and our world needs dollar or fiat because that is the traditional way of doing transaction ever since then. One of the reason why i think bitcoin will never replaced the dollar because it doesn't have fixed value and that will be a chaos for people if a currency doesn't have fixed value because how can they use it appropriately if the value can change anytime.
RENATA612
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March 01, 2017, 03:25:39 PM
 #2732

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?

it looks like the dollar will not be replaced by bitcoin but will always go hand in hand, and bitcoin dollars needed each other, without a dollar bitcoin like vegetables less salt so no favors
CryptoStake
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March 01, 2017, 03:31:02 PM
 #2733

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?

it looks like the dollar will not be replaced by bitcoin but will always go hand in hand, and bitcoin dollars needed each other, without a dollar bitcoin like vegetables less salt so no favors

Yes I agree, it's not going to happen. Let each others complementary
wowanstrong
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March 01, 2017, 09:16:39 PM
 #2734

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?

it looks like the dollar will not be replaced by bitcoin but will always go hand in hand, and bitcoin dollars needed each other, without a dollar bitcoin like vegetables less salt so no favors

Yes I agree, it's not going to happen. Let each others complementary

This is already happening. Many people enjoy and Bitcoin and the dollar. And it is not necessary that the dollar is dead. You just need to be able to use these currencies simultaneously

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March 01, 2017, 11:40:53 PM
 #2735

It will not happen soon but there is of course a chance that it will be possible because you also see that Bitcoin is getting more used and more acceptable so that is nice

I think that's not a criteria on why bitcoin would replace dollar.  Smiley

Governments don't want something that is uncontrollable. It's either they kill it or acquire it. Same as in bitcoin, It will only replace dollar if it is under the  control of the government, probably a centralized one.  Smiley
Honestly, we need to be realistic so we will know the real answer. Bitcoin in any way cannot replace Dollar because that currency is too powerful and I even doubt if we can replace a weak currency. The thing is, we do not belong to their level since we are decentralized while every countries currency has their own government to protect and to improve theirs.
I agree with what you're saying and to think that the Bitcoin will replace is weird if you understand me. A currency like the Bitcoin is not strong and used enough around the to do something like this. But we live in crazy world so you never know what might happen.
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March 02, 2017, 02:46:36 PM
 #2736

It will not happen soon but there is of course a chance that it will be possible because you also see that Bitcoin is getting more used and more acceptable so that is nice

I think that's not a criteria on why bitcoin would replace dollar.  Smiley

Governments don't want something that is uncontrollable. It's either they kill it or acquire it. Same as in bitcoin, It will only replace dollar if it is under the  control of the government, probably a centralized one.  Smiley
Honestly, we need to be realistic so we will know the real answer. Bitcoin in any way cannot replace Dollar because that currency is too powerful and I even doubt if we can replace a weak currency. The thing is, we do not belong to their level since we are decentralized while every countries currency has their own government to protect and to improve theirs.
At the current moment bitcoin is a weak currency, but things change dramatically in this world. You never know what happens any second. People are getting famous just by posting a single picture or video these days on social media.

So, we should not deny the fact that It may possible in future like 10 years from now. Bitcoins may make an impact in the market and people believe and start working on converting dollars to this currency.
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March 02, 2017, 03:12:42 PM
 #2737

Honestly, we need to be realistic so we will know the real answer. Bitcoin in any way cannot replace Dollar because that currency is too powerful and I even doubt if we can replace a weak currency. The thing is, we do not belong to their level since we are decentralized while every countries currency has their own government to protect and to improve theirs.
At the current moment bitcoin is a weak currency, but things change dramatically in this world. You never know what happens any second. People are getting famous just by posting a single picture or video these days on social media.

So, we should not deny the fact that It may possible in future like 10 years from now. Bitcoins may make an impact in the market and people believe and start working on converting dollars to this currency.

I agree with Natalim, and a little bit for rickadone, it seems like bitcoin will not replace dollar 95% vs 5% that bitcoin could become a major currency and used by everyone in the world, more than dollar could achieve in the future maybe around a century.
Bitcoin cannot pass a country regulations and a government could ban bitcoin as some countries have implemented the restriction.
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March 02, 2017, 03:19:50 PM
 #2738

Until major corporations get out of the way of network connectivity (aka making it a utility instead of a "service") mass penetration won't happen as they want to be tangible 100% always access to their "money", so to speak

All things about the dollar will definitely end on mungkina will not happen. Because the dollar is the currency of the international became a benchmark of any thing in the world, although so bitcoin can still have the opportunity to get a higher price or give you a really great prices in units of dollars. Because the bitcoin not based on dollars, but rather on the needs of all people in the world. If the needs and requests of this world then the price is bitcoin will definitely be very high. So, do your best and never swayed on the negative
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March 02, 2017, 04:31:53 PM
 #2739

bitcoin will never replace an official state currency (maybe some weak currencies or in some African countries but I even doubt that), because FIAT currencies are just too strong to be replaced and dollar and EURO could never be replaced by another one.

Maybe some projects of a future countries like that island country that they're planing on making, maybe there bitcoin can be implemented as a main currency from the start, but will never replace any.

Need some spare btc for a new PC that can at least run Adobe Dreamweaver.

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March 02, 2017, 04:44:14 PM
 #2740

I don't think "soon" but I do think after 15 years or so it is a definite possibility. "soon" i guess is a relative term.

in a long time also, I suppose, bitcoin will not replace the dollar, because it can not own bitcoin but he always side by side with complementary term dollar
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