Do You Think Bitcoin Will Replace Dollar Soon?

[redsun114]

To replace the dollar in the near future is certainly very difficult, I'm sure that bitcoin can not replace the dollar because of many factors that affect, for example is a decentralized issue that is difficult to accept legally.

According to my point of view the decentralization of bitcoin is not its drawback but it is beneficial for it, which gives it more privacy and security also it doesn't involve any third person in sending bitcoin from one person to another person. Still it is accepted legally by many countries of the world and is also used in some institutions of the world.

I think it can participate fully with dollar if we start using it in our daily life. As its modern era so challenging bitcoin with dollar is not a big deal.

[romero121]

In an recent statement about bitcoin, the co-founder if Apple indicated that bitcoin is better than gold, which shows the real growth happening with bitcoin than gold as well other digital currencies. With the same growth bitcoin has surpassed the value of gold as well become the highly valued coin of all time. So this keeps on growing, but the same won't replace the dollar anytime.

[Osarman]

I think anything is possible. But in this respect, Bitcoin's replace possibility is very less.Because, Dollar is a global currency and everyone knows about it.But Bitcoin isn't known to all.Doller works in offline but Bitcoin can't work offline. So for all these things, Bitcoin's replace possibility is very low

Yeah the value and the importance of the crypto currency is now increasing more and more than the dollar. Now in a lot for the areas the dollar is being use but in a lot of the areas the bitcoin is being is and the value of the crypto currency is much higher than the regular currency, I hope in the future the bitcoin will be use as the regular money and the bitcoin will be the world famous currency.

[valisa]

I think bitcoin will not be able to replace the dollar, because the money of a country is equal to the identity of a country, so bitcoin will not replace the dollar but may be equally in dollars and bitcoins.

[huige007]

The probability of bitcoin to replace dollar is very small, dollar is still to much stronger than bitcoin. I even do not think that it will be happen in the next century.

Well according to me it is possible because all the people are using the bitcoin payment and now it is the best time to use the saving of the bitcoin and you will be able to hold your profit and the value will increase more and more. A lot for the people are buying the bitcoin and it is the time to buy and the income will be more than this so bitcoin price and the income will be more than this.

[Gudhal Untu]

I think maybe, bitcoin users are very loyal and increased drastically so that one day bitcoin will replace the dollar. Moreover, everyone is increasingly aware of the benefits of bitcoin rather than dollars making it more profitable to keep bitcoin than the dollar.

[mifanmuzny]

Ofcourse it will and its not far now no doubt about it. Will be using FIAT to wipe our asses in near future

[smailler]

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 think bitcoin can not replace the dollar. Everyone in the world uses the dollar as a common currency. So nothing can replace the dollar. Unless everyone in the world accepts bitcoin

[Cryptoexchange cl]

Not only Dollar, but the entire money ecosystem

[Osarman]

I think maybe not.For dollar have the stable value.And it can never replace dollar.It has the characteristic of being a stable monitary unit.It will take long time to replace such currency.

Not that much time mate this will happen soon because people trends are now changing because btc has improved its advertisement campaigns and now every person wants to invest into it because they all know that btc has a lot to give whereas dollar has no such capability to bless its owner it can be used in as mode of payment and there is no such phenomena to turn your money into huge profit so it will replace soon.

[etherflyerofficial]

hi, i dont think BTC will replace dollar, at least in 5 years time. Because people involved in cryptocurrency are still not many as compare to the world population.

[Ipwich]

hi, i dont think BTC will replace dollar, at least in 5 years time. Because people involved in cryptocurrency are still not many as compare to the world population.

Although the value of bitcoin now has significantly increased already this does not mean it can already replace our currency system.
Bitcoin is for online transaction only and majority of transactions are done physically so there is no sense of waiting that time to happen, just enjoy the success of bitcoin and ride on it.

[prtty2gal2]

The probability of bitcoin to replace dollar is very small, dollar is still to much stronger than bitcoin. I even do not think that it will be happen in the next century.

Bitcoin will replace all paper money but it will take some yearsbefore that happens. Dollar is not any special case because it is also a paper money and the question arises on the existence of all physical currencies by the invention of digital assets. It is said that bitcoin is the future and I believe it.

This statement basically means that in future, all financial matters will be done in the form of digital currencies and we all know whichthe best among them is.

[Best Dreams]

15 years is a very short period. I think fiat and crypto currencies will exist and be used in parallel for many years in the future. We can only get prepared to have options then

Lol! Can you give me the long period of your opinion? I don't understand 15 years is a "very short period" of your words. If these years is the short period, why do it make you spend 2/10 your life to wait that time?

Yes there is a possibility that bitcoin can replace dollar and as we know that bitcoin has already replace other crypto from market so there is no doubt that bitcoin will replace dollar and bitcoin is price is already high than any other currency and still the price of bitcoin is going high so everything is possible for bitcoin to do.

[Paul Pogba]

I'm optimistic that the future of bitcoin will continue to improve so it is worthy to be a global currency, but to replace the dollar soon, I think it is impossible, it takes a long time maybe 40 years.

[Trela]

15 years is a very short period. I think fiat and crypto currencies will exist and be used in parallel for many years in the future. We can only get prepared to have options then

Lol! Can you give me the long period of your opinion? I don't understand 15 years is a "very short period" of your words. If these years is the short period, why do it make you spend 2/10 your life to wait that time?

Yes there is a possibility that bitcoin can replace dollar and as we know that bitcoin has already replace other crypto from market so there is no doubt that bitcoin will replace dollar and bitcoin is price is already high than any other currency and still the price of bitcoin is going high so everything is possible for bitcoin to do.

Do you know the ability of Dollar? You forget Bitcoin can not use for daily and offline, you need to have internet for access your Bitcoin wallet. Unlike Bitcoin, Dollar can pay in a lot of countries without internet and you can exchange in anywhere.

[Isaak Bitcoin]

I doubt it very much. Cryptocurrency will not replace the cash dollar.

[HalfDeck]

The probability of bitcoin to replace dollar is very small, dollar is still to much stronger than bitcoin. I even do not think that it will be happen in the next century.

Bitcoin will replace all paper money but it will take some yearsbefore that happens. Dollar is not any special case because it is also a paper money and the question arises on the existence of all physical currencies by the invention of digital assets. It is said that bitcoin is the future and I believe it.

This statement basically means that in future, all financial matters will be done in the form of digital currencies and we all know whichthe best among them is.

We can apply the blockchain technology to FIAT or internet banking, I think the government have idea to create a currency use the blockchain technology to compete the cryptocurrency. Of course, it is difficulty to creates a currency use blockchain technology but can manage by the government, even, it is just theory.

[butrsukumpanumet]

I doubt it very much. Cryptocurrency will not replace the cash dollar.

Yes , me too, Cash is for spending and Cryptocurrencies are for earning more and more money. So everything have their own mission to do.

[Wong Gendheng]

To replace the dollar soon seems difficult, this is because the dollar is the currency with the largest market of the world, almost all transactions between countries using dollars and the US government to maintain full circulation and control of the dollar.