Relildar
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April 06, 2018, 04:31:49 PM |
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This will never happen. If only the us wants to rename its national currency dollar in bitcoin. Just for fun.
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dzhan
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April 06, 2018, 04:36:27 PM |
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No, Bitcoin cant replace Dollar in the near future at least. Most people around the world keep using fiat currencies and the most used currency actually worldwide is the Dollar, and also governments and banks support this currency and not supporting BTC. Also Bitcoin is still not really popular among people compared to fiat currencies, including Dollar.
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Interrobangz67
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April 06, 2018, 04:38:16 PM |
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If Bitcoin is going to be regulated soon, it will be more widely used by people. Although there will be fees and such, we still can't deny that Bitcoin is a very secure payment option.
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Cinemo
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April 06, 2018, 05:19:42 PM |
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Nope i don't think so, dollar can't be change by bitcoin the government will fight for the dollar, dollar is use in different countries maybe it can be one of the most used currency but it can't change the dollar even if it is us by lot of people now a days for the near future i can say bitcoin can us to pay bills and for loads but it can't change the dollar or replace the dollar. . .
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ymirymir
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April 06, 2018, 05:45:57 PM |
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I think not because the government don't consider bitcoin as a formal currency. It's popularity can't make it as an international currency because there are things to consider first. It should reach every corners of the world first and people should be educated about it. There are also people who are doubtful about it. |
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putriliesma
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April 06, 2018, 06:23:23 PM |
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Not in 10 years but maybe later. Digital currencies have great chance to become next monetary system. They need to race credit card companies at this level.
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Roxterrio
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April 06, 2018, 06:30:05 PM |
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I doubt any of the crypto currencies will ever replace dollars. The reason why is that every government has the will to control, and crypto currencies cannot offer that control.
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Hypernet
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April 06, 2018, 07:18:36 PM |
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No, it's just another form of fiat currency. There's no reason they won't coexist.
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Akupuniard
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April 06, 2018, 07:24:55 PM |
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Bitcoin will never replace dollar because dollar protected by government and they will just ban bitcoin if something like this gonna happen. Dollar and USA are very strong.
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Uhde
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April 06, 2018, 08:14:30 PM |
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I dont think so. Bitcoin is still only an investment for me not proper for practical usage. So slow and high fees. Maybe an alternative coin can replace dollar but not bitcoin.
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terrong
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April 06, 2018, 08:53:57 PM |
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bitcoin and dollar have different sides of course in everyone's view but do not rule out if one day bitcoin able to replace dollar. we see in 5-7 years ahead
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bib24
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April 06, 2018, 09:03:56 PM |
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I don’t think that bitcoin can replace fiat currency anytime soon. Before it can replace any fiat currency it needs to be approved and legalized by the government first, then it should be recognized internationally the same way USD known on the world market.
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Chrisjay29
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April 06, 2018, 09:10:17 PM |
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Its possible because bitcoin is more profitable than dollar. And i think 15 years from now 80% of people in the world will know bitcoin and if that happen there are chance that bitcoin replace dollar |
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btcbabhh
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April 06, 2018, 09:59:58 PM |
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The answer is no. Its only a virtual currency. It cant become universally accepted currency. There are certain limitations of cyrpto currencies.
So bitcoin and other crypto currencies won’t neuter central banks, and they won’t make fiat currency go away. But they are already changing the financial world in other important ways. Initial coin offerings are allowing companies to raise money with less of a regulatory burden.
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hotimbineh
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April 06, 2018, 10:41:25 PM |
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The answer is no. Its only a virtual currency. It cant become universally accepted currency. There are certain limitations of cyrpto currencies.
So bitcoin and other crypto currencies won’t neuter central banks, and they won’t make fiat currency go away. But they are already changing the financial world in other important ways. Initial coin offerings are allowing companies to raise money with less of a regulatory burden.
I agree with you, virtual money can not apply the more general money will only complement each other in the future |
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JoshMart
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The Experience Layer of the Decentralized Internet
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April 07, 2018, 05:13:16 AM |
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Some good points in the article. But at this point, I still don't think that BTC can replace the $ soon (10-15 years). It will have to go through hoops of fire before that becomes a reality. Besides, I think a lot of BTC veterans wouldn't like that idea anyway. I mean one of BTC 's beauty lies in the fact that it's decentralized. Should it become a standard currency, even replacing the almighty $ at that, it will become regulated.  |
╔═◼ CARDSTACK ◼═╗
The Experience Layer of the Decentralized Internet (https://cardstack.com/) |
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Clyvizcarra
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April 07, 2018, 11:00:07 PM |
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Let’s go to the possibility of the thought that bitcoin will replace dollar, but the next question is what is the impact of it? Will it be good or bad? Because I think if it’s happen, the people will depend on bitcoin and will not work outside their home.
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Farvin2
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April 08, 2018, 04:28:43 AM |
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Right now, Bitcoin can only be seen as a commodity and until nowadays there are still a lot of people doesnt know what is bitcoin. So it would be impossible for the near future but it will be possible in the future or a few more decades.
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skeletica
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April 08, 2018, 05:10:01 AM |
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And now bitcoins beat the dollar in value. But bitcoin has not yet defeated the dollar's popularity as the world's currency gauge. Bitcoin is not known all over the world.
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hroub
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BCH Wallet: 1PmR3k4cA4YVy7r7RVgYdSjnon2A1aJSLk
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April 09, 2018, 02:51:05 PM |
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I think in the future, the traditional currencies/fiat money and the cryptocurrencies will always be used together. I don't think that Bitcoin will replace Dollar. That it is impossible that Bitcoin will replace Dollar because as we can see both has different world
Just curious. How did you gain control of this account? You are not the original owner of this account, Mr. Ethan Mckibben? BTW, we also have your email address, VPN company, IP, and location, among other useful data. BTW, I think 1 crypto will eventually replace FIAT. That's the point of it in the first place. We are still a long way from there. We would have to stop being corruption slaves, get rid of governments and their FIAT, and finally control our own money |
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