Do You Think Bitcoin Will Replace Dollar Soon?

[Allan Ramanda]

Nothing is impossible. but for the next 15 years bitcoin will not be able to replace the dollar even though bitcoin prices are more expensive than the dollar. because the dollar is the official currency and is recognized worldwide as a world currency. while bitcoin digital currency is still in development

[chickenado]

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?

I doubt if this will happen soon, maybe in the future if we advance in technology, we can replace fiat money with crypto currency. The government wouldn't allow cryptocurrency to take over fiat money because they would lose control over it. The government controls fiat money and since bitcoin is decentralized, it would give them a hard time if cryptocurrency will be the main currency that would be use for transactions.

I guess it won't. It would be hard this time for bitcoin to replace dollars but the better idea maybe is just make the two currencies depend on each other. I think this will help the growth of each rate which come from people's labor. I can see that bitcoin has been proven a lot to our society wherever you come from or whatever your races are. Someday,bitcoin will put a big mark on our hearts forever because it gives importance in our daily living and we can survive because of the benefit that we can get.

[magz]

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, I think so. Because of the fast growing technology we have in our generation today. It is not impossible that Bitcoin will replace dollar soon. It started on having digitize payment system when online shops become popular. So there will come a time that Bitcoin may be accepted by the government and the public so as accept as payment and our "digital money".

[Sylenth]

yes,bitcoin has scope of replacing existing money in future,but its not going to happen anytime soon like you mentioned 15 years,  US dollar been there for quite a long time and is a powerful currency.The U.S dollar, as the world’s leading reserve currency is  money of choice. Approximately 65% of all U.S. dollars are currently being used outside the United States, 80% of trade finance was conducted in dollars and close to 85% of forex trade volume involved the dollar. With so much happening with dollar around the world as seen from these facts,its really hard for btc to push aside dollar and become official currency.

[Walked_by]

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, I think so. Because of the fast growing technology we have in our generation today. It is not impossible that Bitcoin will replace dollar soon. It started on having digitize payment system when online shops become popular. So there will come a time that Bitcoin may be accepted by the government and the public so as accept as payment and our "digital money".

yes i sure that bitcoins will soon take place of dollar because the price of one bitcoin is more than a dollar now a days people use bitcoins and the usage of dollar is getting down thats why im sure that bitcoin will replaced by dollar.

[FJNuñez]

I think Bitcoin is already replacing the dollar. I mean it has a better volatility rate, as BTC's is around 4%, and it has solved all the problems in money that were left in order to have perfect money.

[Official Armor Ceramics]

Maybe no, because Bitcoins are no widely used nowadays, and a lot of people do not trust this currency and are not ready to use it.
As for dollars, it's a tool of international exchange, and I'm sure that it would play the same role in the nearest future

[Granxis]

Of course bitcoin has the aibility to change every important and international currency in the world. This is issue is becoming more and more as a reality and soon a fact. Bitcoin has power and popularity in all over the world so the possibility of replacing the dollar is very predictable.

Bitcoin and dollars are different things, not to confuse each other. There is no big demand for Bitcoin to replace the dollar. The dollar is indeed a strong currency, known in many parts of the world. But Bitcoin is a digital payment system. We need to see the difference.

[kimpena]

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?

I don't think so, cause bitcoin is not yet that popular in the world. Yes, this is known by few but not almost all people in the world knew about it, and maybe they knew it, they weren't that interested. In our country, it wasn't been part of the news, its not that famous as what others think of it.

[koumpesbtc]

Soon, of course not. Euro tried to replace dollars value in exchanges and how petrol is being valued and now EU is almost completely broken. American banks hid European countries debts and masked them (for example Greece) and now the Eu economy is well derailed and not coming back on track. The difference between cryptos and euro is that BTC and other alt coin transcend the banking system. With blockchain technology everyone with a digital wallet becomes his own bank. Despite the advantages of crypto currency i think, if nothing drastic happens, that most of us we will not be around to see a change like that (BTC to overrun $).

[The_Dark_Knight]

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?

Nope. First bitcoin isn't that stable than a dollar. Bitcoin is a decentralized currency that somehow didn't determine if it will drop or rise. But  dollar is stable one in the market and as we can see dollar is the most accepted currency and somehow it is the most usable here in our country. Bitcoin wil not replace the dollar.

You are only seeing things as they are now, but things can change very rapidly especially in a world at crisis, after the 2007 economic crisis countries are very weak, most countries are indebted to great degrees and when a new crisis comes they will not be able to make private losses public again and the system is going to collapse, only gold or bitcoin are going to be able to provide security for the people.

[Skyshark]

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?

I don't think that its gonna be that easy, just for people to believe and accept bitcoin and other cryptocurrencies would take much longer time than just 10-15 years (specially the old folks). Then the legal matters will come next, and its gonna take time to do that as well, so I think, bitcoin might replace dollar, but not as early or as fast as 15 years.

[alexsandria]

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?

Nope. I actually don't believe on it because we all knownthat bitcoin and dollar has its own different features. Yes, we know that they both use as a currency in our country yet it didn't mean that bitcoin will replace the dollar. I think they will both each other in a sense that bitcoim can be used to convert into dollars and vice versa. Bitcoin and dollar nowadays are have a good relationship.

[Protomono]

Looks difficult, if bitcoin replaces dollar. Because, although bitcoin very valuable also has very large marketcap. Certainly not worth coverage that's owned by dollar. So, bitcoin cann't replace dollar.

[valisa]

I once thought that bitcoin would replace the dollar, but it could happen in the future. slowly but surely bitcoin will continue to grow throughout the world

[FLoving]

Bitcoin could replace the dollar if the user continues to increase, according to data that the user is circulating that bitcoin is not more than 1% of the world population, if it could reach 30% then I'm sure the bitcoin can already beat the dollar.

Yes it will happen. The increase in demand will be calculated and analyzed. If users of bitcoin are even 25% of the world’s population then congratulations you are so lucky to say bitcoin beat dollar.

But as you said, right now we are only 1% of population that is familiar with bitcoins, hope we increase and we can beat dollar.

It is no doubt a very long marathon to increase the number from 1% to 25%. It will definitely take a lot of time. I myself am very much confident that if the bitcoin is keep on getting the fame amongst the people like the way it is getting now, then bitcoin will be able to beat not only dollar but so many other real world currencies as well.

[Rinder]

For bitcoin being able to replace the powerful currencie and most used worldwide it would need some disaster and i dont think USA will let that happen at all, bitcoin purpose werent to replace anything, the huge fees we do pay paying and sending money has allow banks and some companies to raise fortunes, while people had lost purchase power on the last years, bitcoin and crypto returns those power to the people and replace the third companies between buyer and seller.

[Images21]

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?

Well, I am sure that cryptocurrencies will one day replace fiat money. But it will take a very long time for that to finally happen. It might not even actualize within my lifetime. Bitcoin is the one and only ruling coin in the crypto world so in case crypto will finally replace fiat, it will be bitcoin that is used.

[IAMYOURLEADER]

I believe so. We are just waiting for the mass adaption of bitcoin and we will just add some major improvements so anyone from poor to rich will have the accessibility to use bitcoin. We are moving forward to a more advance digital age and bitcoin is going to be a part of it.

[viktors7]

if in my opinion, will not be capable to change bitcoin. other than bitcoin legalized by the American court docket..