Sled
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December 04, 2017, 09:43:07 AM |
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We know bitcoin can buy something in the 3D world now. Someone can use this “money” to buy food, clothes… but we must know, every coin has two pieces. Bitcoin has not only benefits, but also disadvantages.
It doesn't matter because bitcoin will never replace the dollar. Dollar has its own purpose and that is to be use as a money for doing daily basis transactions in our life and bitcoin is just an investment that we can use in order to make our money grow and have a very secured place for our money but for daily basis transaction, it is a fail to use bitcoin because in my country, the fee of bitcoin alone can cost up to $5-$10.
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Batang Hambog
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December 04, 2017, 02:13:00 PM |
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Nope. I very doubt government will want to relinquish control... As a sub currency it could gain mainstream use but i think there will be much blood before BTC replace the Dollar. I dont think bitcoin will replace dollar soon. We cant predict even if the price of bitcoin is too high as of now. Dollar is still the trusted for many people and this the most common i think than bitcoin it is not yet known by many people.
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Weaklies
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December 04, 2017, 03:56:16 PM |
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This is likely to be an event but it probably will not happen because it is just too much in this period, it is possible not possible in a long time but instantly significant. The problem is that Bitcoin is too small to do it now, it would be too big to get even a lot of time to try it in my opinion.
Overall it is possible however it probably does not happen.
Even if you go to the future, the chances are very thin, the US dollar has been meaningful and since they can not place their currency in a crypto currency it will weaken them and their industry.
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arthotdog
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December 04, 2017, 04:10:13 PM |
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no and will never,do you think america will allow anyone or anything to replace their currency?after their heroes fought for their country?thats impossible and dollar will remain dollar,and bitcoin or the whole crypto will progress and continue to grow worldwide.
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EtherATM
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December 04, 2017, 11:42:31 PM |
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I think so. its happening already what can we expect? we cant stop things to happen. as bitcoin slowly eats up money, money is slowly disappearing. nothing is impossible bitcoin will be the national currency someday Don't say within 15 years I can certain that bitcoin will never replace dollars within next 50 years, Why? You should know mainly currencies (includes Dollars) the its value is attached with valuable commodity and circulation quantity depend on accumulate Gold of Government, this mean is dollars or any paper currencies was guaranteed by gold. While bitcoin is a digital currency i think it's not guaranteed by anything although the price of bitcoin now is very high but in a good day it also can disappear Furthermore dollars is currency of America that the largest economy in the Earth so you think American government will accept to bitcoin replace dollars.
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christina30
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December 05, 2017, 02:05:23 AM |
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That's possible the reason why Bitcoin can't replace dollar..Besides, local markets would go crazy if bitcoin is what we will use.imagine a commodity having a change in price from to time without significant reason except because bitcoin price moves.
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redsuncrypto
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December 05, 2017, 02:56:56 AM |
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BTC will become very popular but nothing can replace traditional currencies like us dollar or euro in my opinion
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stadus
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December 05, 2017, 03:01:05 AM |
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That's possible the reason why Bitcoin can't replace dollar..Besides, local markets would go crazy if bitcoin is what we will use.imagine a commodity having a change in price from to time without significant reason except because bitcoin price moves. That will cause panic to people, price can be manipulated if you one is holding a good percentage of the total supply and when there is no control there will be a big chaos, it's like people are running after a limited supply of food, with that scenario, the government won't allow.
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Konco126
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December 05, 2017, 04:18:05 AM |
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I once thought that way, but it's just a fantasy. Because it is not possible if bitcoin can replace dollar. We must remember that this bitcoin is digital money while dollar is real money. How can replace it? The price issue is indeed higher than dollar, but it will not help bitcoin to replace dollar. Bitcoin remains a bitcoin in digital world, never changing dollar in the real world.
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Botnake
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December 05, 2017, 06:18:55 AM |
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I once thought that way, but it's just a fantasy. Because it is not possible if bitcoin can replace dollar. We must remember that this bitcoin is digital money while dollar is real money. How can replace it? The price issue is indeed higher than dollar, but it will not help bitcoin to replace dollar. Bitcoin remains a bitcoin in digital world, never changing dollar in the real world.
Knowing the capacity of the government will make you choose dollar, bitcoin is not controlled by any government and there is nothing to protect it once the government will consider it illegal, it might still be existing now but once it will become a threat, they will surely make a bad action against us.
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Kokoy
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December 05, 2017, 06:39:34 AM |
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I honestly don't think it'll happen, certainly not in 15 years... In 100 years maybe?
That has a point. Well being a part opposing this type of issue ,I am not against bitcoin's future uses, but given the fact that dollar is a Fiat taht most of the transactions in the world were done using this a s medium of payment, and this is the currwncy of the united states, they may be against in bitcoin if this happened.
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kasansa
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December 05, 2017, 07:07:52 AM |
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There is no doubt a lot of signs that bitcoin will surely have to attain bright future. Most of the country and people in the world yet to realize, the value of the bitcoin.
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lestariptr
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December 05, 2017, 07:27:00 AM |
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Probably not going to happen bitcoin can replace the dollar because the dollar is very popular around the world. The government will not let that happen so I think it will take a long time to be able to replace it.
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thecoder2017
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December 06, 2017, 07:14:11 AM |
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I doubt this will happen that bitcoin can replace dollars because dollars are well known entire universe no one can replace it, it's a real money not like bitcoin it is only a digital currency and the government will not allow this to happen
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Botnake
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December 06, 2017, 08:21:08 AM |
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Probably not going to happen bitcoin can replace the dollar because the dollar is very popular around the world. The government will not let that happen so I think it will take a long time to be able to replace it.
If you are thinking bitcoin will replace dollar, you are not being realistic. There is no way the government will give way to bitcoin, they know the risk and when it's not controlled majority will not be satisfied in using it as the price volatility is a big problem for users who just want to transact online.
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Kisanaq
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December 06, 2017, 08:55:04 AM |
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I think it's possible but it takes at least 20 years from now, now the bitcoin price has reached $ 12300 and it seems to be going up, if many countries shift trade to bitcoin then everything gets faster.
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Viscore
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December 06, 2017, 09:24:54 AM |
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I think it's possible but it takes at least 20 years from now, now the bitcoin price has reached $ 12300 and it seems to be going up, if many countries shift trade to bitcoin then everything gets faster.
We can expect that, the continued increase of price is brought by big demand and it cannot be done by a certain individual only. Although we do not really know but I am guessing that there are big companies who are accumulating bitcoins now.
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Guryon_master
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December 06, 2017, 09:59:47 AM |
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For 15 years? I think it's impossible since altcoins are also doing their job to replace bitcoin. And besides the government will be the one of bitcoin's problem. That is just my other side opinion. The other one is, situation change and no permanent, that is why no one knows if what is impossible now is just for now and what awaits for tomorrow is bigger than what we expect and what we hear today.
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Kadal Ijo
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December 06, 2017, 11:01:01 AM |
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Although bitcoin continues to rise, but it will never make or replace the dollar, all because no country has officially legalized bitcoin so bitcoin will continue to be a commodity not currency.
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kotwica666
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December 06, 2017, 04:13:37 PM |
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Bitcoin is a digital money and dollar is a fiat currency. They are different and no one replaces the other.
I think the question is when or if Bitcoin will replace the dollar as an official international currency. I think it's possible. However, first must happen the general acceptance of cryptocurrencies as a fully-legit payment instrument. Later it will be easier. I think it can happen in about 10 years.
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