cexylikepie
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October 21, 2017, 06:04:52 PM |
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Personally I do not think that Bitcoin is going to replacing any currency, at least in most of biggest countries. But in africa a lot of people use more btc then usd if they can because they can even spend less as fees.
I'm very surprised that Africa knows about bitcoin and uses it. But despite this I'm not sure that bitcoin will be able to oust the dollar. The whole world uses the dollar. And it's very hard to get rid of this habit Although it is very hard to become the truth, but to be honest, in someday, we need to replace Dollar by currency use digital technology. I do not think when we want to begin the era of digital but we still using normal currency as now.
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alaeddine1azer
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October 21, 2017, 06:17:07 PM |
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Bitcoin will never replace the dollar since it's not traceable .. People will not pay taxes
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virtualkeybuyer
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October 22, 2017, 12:01:24 AM |
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it seems impossible as long as there is a USA government, of course the USA government will not let bitcoin beat USD and maybe they will destroy bitcoin.
Yes it is going to happen soon because the value and the power of the bitcoin will grow more and more, it is not about the selling and buying only but also the bitcoin is being use for the shopping and the things people are buying that we never expected, hold the bitcoin and try to increase the value of the bitcoin more and soon bitcoin will be the world currency.
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Webetcoins
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October 22, 2017, 03:08:49 PM |
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it seems impossible as long as there is a USA government, of course the USA government will not let bitcoin beat USD and maybe they will destroy bitcoin.
All the bitcoin user are aware of it that the money of the bitcoin are getting the huge income, it is quite clear the bitcoin is taking the place of the money and the dollar in several markets of the different courtiers, I like to buy the things through the bitcoin because it is the good and the easy way of the making money I hold the bitcoin and in the future I will sell all my bitcoin so I am sure soon all the people will use the bitcoin instead of the dollar and the money.
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sapnu
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October 22, 2017, 03:33:55 PM |
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Impossible. Knowing the fact that USD is a currency of a powerful country. It is also 'legal' or being used in different countries all over the world, through decades unlike Bitcoin. Bitcoin is still young and nit even recognized by some people and governments as a currency and infact, it is not yet legal to most of the countries. Indeed it has an expensive market value, but it won't be enough for it to replace a strong currency as USD.
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deadthings
Sr. Member
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Merit: 255
Betking.io - Best Bitcoin Casino
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October 22, 2017, 03:35:54 PM |
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I doubt that, nowadays tons of people are still skeptical about the use of BTC, even after you explained everything and showed some proof how good it is, same with the government they don't want it for they can't control it. Though BTC is really doing good, but replacing fiat will take time.
Most likely a bitcoin will not become the official currency of any country but it has the power to break through as the first payment form at many places.
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axorb
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October 22, 2017, 03:48:05 PM |
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It is a brave expectation and perhaps recognize what he tell. Yet, I don't think so. A long story of us dollar can't end so natural. Bitcoin is a magnificent instrument and has a valuable quality. It isn't manipulable. Thusly it would be an exceptionally invited cash in supplanting each sort of cash. Perhaps as a cash of the cash. This is the photo of bitcoin for me. The cash which will gauge the quality of each cash. The difference in each fiat cash with bitcoin will indicate how solid is that fiat cash.
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Sweetbtc
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October 22, 2017, 03:51:24 PM |
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It will never ever happen I see there's some thread here with same question .Guys how can a bitcoin take place of dollars or money ?. First of all you need fiat money to buy bitcoins after that you start working on it like trading mining etc. So if money get disappear how will you start your journey with bitcoins ?
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Matimtim
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October 22, 2017, 04:15:17 PM |
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We can't replace dollar by any digital currencyor bitcoin, maybe many people around the world become bitcoin literate and knows everything aboutdigital currency but we can't replace the dollars or any original money or currency by any kinds of digital currency like bitcoin.
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MRlong
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October 22, 2017, 05:20:27 PM |
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I doubt that, nowadays tons of people are still skeptical about the use of BTC, even after you explained everything and showed some proof how good it is, same with the government they don't want it for they can't control it. Though BTC is really doing good, but replacing fiat will take time.
Most likely a bitcoin will not become the official currency of any country but it has the power to break through as the first payment form at many places. The first payment??? Do you mean is the best payment method for any place in future? Of course, Bitcoin has potential to does that, but the fact Bitcoin still effected by the government because they still do not want to accept Bitcoin and use it instead of FIAT.
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ruslango
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October 22, 2017, 08:05:27 PM |
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I do not believe so I have a lot of folks nonetheless use fiat cash and a lot more folks do not use bitcoin. So I doubt the goverment will just substitute it. If that at any time happens the goverment require to have a bitcoin professional or some thing. Simply because it will be tough for individuals to use if they will not know it.
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pathapoddo
Full Member
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CRYPTOCITIZEN $CCASH
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October 23, 2017, 03:37:38 AM |
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I am not actually sure about this topic.It can but if it then it will be good.I wants this to happen.
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chichigirl
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HELENA
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October 23, 2017, 04:07:00 AM |
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I don't know if that is possible. I believe that bitcoin will be known all over the world in the future but i doubt about replacing USD with BTC because not everyone can adopt changes in monetary system.
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Botnake
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October 23, 2017, 05:41:41 AM |
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I don't know if that is possible. I believe that bitcoin will be known all over the world in the future but i doubt about replacing USD with BTC because not everyone can adopt changes in monetary system. That is just his opinion, everyone can have their and even if they believe bitcoin will replace dollar it seems like it's an impossible mission for us backers of bitcoin. Dollar is so powerful and that is the money of a certain country and the central bank won't allow that, they even want bitcoin to be regulated so they will control us.
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Sled
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October 23, 2017, 07:27:04 AM |
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I don't know if that is possible. I believe that bitcoin will be known all over the world in the future but i doubt about replacing USD with BTC because not everyone can adopt changes in monetary system. That is just his opinion, everyone can have their and even if they believe bitcoin will replace dollar it seems like it's an impossible mission for us backers of bitcoin. Dollar is so powerful and that is the money of a certain country and the central bank won't allow that, they even want bitcoin to be regulated so they will control us. The usd is the universal money in the market of the world so even we want the dollar to be replaced by bitcoin then i believe that it is still not enough for bitcoin to replace dollar because it needs the government to give permission that they will allow bitcoin but in the reality, it is very impossible for bitcoin to replace dollar because all the countries are using dollar and they will just disagree if we will try to propose for an replacement.
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CoinFlippo
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October 23, 2017, 08:52:52 AM |
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No not soon maybe after 50 years. People still trust euro's and dollars. They will still use it because they fully trust it. I trust euro and dollar also so it will be difficult for people to step over.
I think i will use euro and bitcoin at the same time. I don't want it to replace our currency.
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Punchgamer
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October 23, 2017, 09:09:07 AM |
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I don't know if that is possible. I believe that bitcoin will be known all over the world in the future but i doubt about replacing USD with BTC because not everyone can adopt changes in monetary system. That is just his opinion, everyone can have their and even if they believe bitcoin will replace dollar it seems like it's an impossible mission for us backers of bitcoin. Dollar is so powerful and that is the money of a certain country and the central bank won't allow that, they even want bitcoin to be regulated so they will control us. The usd is the universal money in the market of the world so even we want the dollar to be replaced by bitcoin then i believe that it is still not enough for bitcoin to replace dollar because it needs the government to give permission that they will allow bitcoin but in the reality, it is very impossible for bitcoin to replace dollar because all the countries are using dollar and they will just disagree if we will try to propose for an replacement. I think it will live alongside the dollar as a form of main paying method throughout the whole world because in the future everyone will pay their stuff online. Or by using a card. I think bitcoin will get its one creditcard.
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Semar Mesem
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October 23, 2017, 09:47:13 AM |
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I find it very difficult to replace the dollar in the near future, especially the dollar is the strongest currency of the world and is supported by the strongest country that is USA. In addition, the dollar is also a reference of world transactions so to change it will be difficult.
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Black Angel
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October 23, 2017, 10:24:02 AM |
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I don't know if that is possible. I believe that bitcoin will be known all over the world in the future but i doubt about replacing USD with BTC because not everyone can adopt changes in monetary system. That is just his opinion, everyone can have their and even if they believe bitcoin will replace dollar it seems like it's an impossible mission for us backers of bitcoin. Dollar is so powerful and that is the money of a certain country and the central bank won't allow that, they even want bitcoin to be regulated so they will control us. I agree, I think it's impossible to beat the dollar in the near future, nowadays many countries are campaigning bitcoin banned and if this goes on then I'm worried about using bitcoin to be considered a crime.
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mware
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October 23, 2017, 10:50:48 AM |
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it’s not going to replace the dollar. it will serve as a complement to fiat currencies or alternative to the gold. Although digital currency is slowly growing in popularity but they have many problems in it that make slow adoption
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