bigbangmother
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March 15, 2018, 04:32:57 PM |
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I don't think so.
Bitcoin will not replace dollar, but in my opinion bitcoin will replace gold as soon as possible.
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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kukuli
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March 15, 2018, 04:37:41 PM |
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I dont think that there is a feasible habit that dollar can be replaced soon by bitcoin. This would require a lot of things and will never happen. Dollar is actually depended by all subsidiary countries including mine and thus as the bitcoin. Dollar leisure pursuit are observed by the extra taking place exchanged which makes each and every one event take effect..
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human2021
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March 15, 2018, 05:02:54 PM |
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Bitcoin can be much more popular than now and will be the biggest rival of dollar, but i don't think that will replace a fiat especially dollar.
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Jr.Sasha0209
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March 15, 2018, 05:22:50 PM |
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I think that bitcoin will never replace the dollar, because bitcoin does not have any degree, and for this many people value it so much + time for transactions, at high loads bitcoin does not cope with translations
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Sowik
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March 15, 2018, 06:00:51 PM |
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Lmao this is a thread for 2015. Anyways, Bitcoin never will replace any fiat currency. It just cant, especially strong ones as the US Dollar.
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pleght
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March 15, 2018, 06:01:46 PM |
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I think that bitcoin's substitution of dollars is definitely not the case.The dollar is already strong.why will be under the bitcoin?Perhaps USD will produce its own sub-coin in the.
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v3liana
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March 15, 2018, 06:19:39 PM |
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I do think the same bitcoin is need more to be dveloped and its not easy to change people to use it. I mean we got so many people that dont even known what bitcoin is. And we cant force them to use it and i think its going to be hard to teach them. The second reasons is bitcoin is volatile and it would be crazy if i habe to buy food by using my bitcoin cause i might hold it and nit gonna eat cause im saving it. Third, bitcoin still dangerous and vurnerable by hacker.
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Uhde
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March 15, 2018, 09:44:34 PM |
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no ofcourse. you can not compare bitcoin with cash. bitcoin is only an investment currency at the moment. but if they can manage to provide faster transaction with 0 fee it can be a good payment method in the future but i dont think it is possible in near future.
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rommelo24
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March 18, 2018, 01:20:00 PM |
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This is the purpose of digital currency, to replace the paper money soon. But this is not an easy task because we have to educate all the people around the world what is a digital currency and that needs a lot of time. But sooner or later we will be there, digital currency will replace money.
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Cling18
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March 18, 2018, 01:25:01 PM |
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As for me, I think that would be too impossible for now. As we all know, the government disagrees with the implication of bitcoin as a currency. Also, most of the members of the society don't have any idea about what bitcoin is. It would be possible but not as early as this. I believe that it may happen someday but it will take a lot of time because there are still lots of things to consider. |
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paynercash
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March 18, 2018, 01:30:26 PM |
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I do not think Bitcoin will replace the dollar soon. If this happens it will take more than 10 years to be able to. Currently the dollar is accepted by all countries, while Bitcoin is accepted by some countries, others are opposed to Bitcoin. Bitcoin is a risky currency. I think Bitcoin will never replace the dollar, Bitcoin is just a partial support for the economy.
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Gheka
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March 18, 2018, 01:36:25 PM |
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I thinks that bitcoin will replace all paper currencies in the future but it is not soon possible, and dollar is also a powerful paper currencies , people with bitcoin are also need help of the dollar when they buy bitcoins ot when they sell bitcoins. The dollar is also a legal currency in all over the world.
When bitcoin faces the dollar, bitcoin will not have any chance of winning, Bitcoin needs dollars to survive but dollars do not need it, dollars are proactive, so bitcoin will not be able to replace dollars now and in the present. The dollar still receives strong support from the US government and acceptance in most countries in the world while bitcoin is still tiring during the process of creating credibility and proving its value to everyone in the world, the difference between bitcoin and dollars is still too big, bitcoin will not have the capacity to come close and beat the dollar. |
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whitecaramel1
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March 18, 2018, 01:38:17 PM |
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maybe but I don't think that bitcoin can replace dollar, bitcoin still needs a great support from the community across the globe and if that happens then it can replace dollar in future..
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rolerVX
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March 18, 2018, 01:38:24 PM |
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I think so, for 15 years time line.? It is long enough to reach the top for bitcoin to achieve replacing dollar soon. If one thing need to replacethen it can be long time to do it in process. The way of processing exchange from dollar to bitcoin cycle instead of bitcoin to dollar will be more likely. If bitcoin change dollar then all establish business needs to adjust.
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krhnrhn
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March 18, 2018, 01:42:45 PM |
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I think Bitcoin will not replace the centralized currency. There is no sense in this. He has his place in the system of currencies and payment systems. This will be a good alternative.
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Newbie Wong
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March 18, 2018, 01:59:31 PM |
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I think fiat and decentralized currency will coexist for the next two decade. Both Decentralized currency and fiat may be complement each other.
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stayeduptolate
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March 18, 2018, 02:09:28 PM |
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Even though bitcoin has gained an immense amount of popularity and users but still I don’t think that bitcoin will replace dollar soon because firstly, dollar is way more popular than than bitcoin. Dollar has way more users throughout the world than bitcoin has. Then dollar is a stable form of currency whereas bitcoin is not a stable form of currency. Then people trust dollar and dollar is accepted everywhere whereas bitcoin is not trusted by people and is not accepted everywhere. |
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thundercrystal
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March 18, 2018, 03:42:36 PM |
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Dollar is the strongest and largest currency of the world, I'm pessimistic that bitcoin can replace the dollar in the near future, if the price of 1 btc = $ 1 billion then it can happen.
I agree with you that the dollar is the strongest currency in this world, so for me bitcoin has no chance to replace dollar soon, and for me bitcoin is we will be very popular in the future but it can not still affect dollar really much and i am confident that the dollar is we will remain forever in this world. |
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EnricoGomez
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March 18, 2018, 04:18:26 PM |
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Nope. for me it will take decade or half before bitcoin can replace dollar because not all of the people can have an easy access on bitcoin. The old people cannot go with the flow if the bitcoin is in use for paying bills and other stuff rather than the dollar. And not all country can fastly adopt that kind of system
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kucritt
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March 18, 2018, 04:41:24 PM |
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for this short time i think it will not because right now bitcoin is not stable like USD or EUR as we can see that price of bitcoin is not stable, today bitcoin can makes 10% decrease value, but maybe tomorrow bitcoin can make 10% increase value, if bitcoin replace dollar i think we need to change the price of anything every minutes, its mean the stores need more workers in their stores to update the price every minutes
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