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Author Topic: Bitcoin replaces the money? Could happen?  (Read 85988 times)
hajimasan
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September 08, 2016, 05:24:36 AM
 #1081

Now in some places to buy goods directly can use bitcoin, how to conduct transactions directly using bitcoin? Because I place no purchases using bitcoin.

Nowadays has developed, which initially buy goods directly can only be used with the currency and credit cards, and can now use bitcoin although only in some places. Is it possible that the next few years means of exchange for transactions money initially turned into bitcoin?

What do you think about this?
i think it can't be evet because practical money has some other own facilities that bitcoin not have . like to take in pocket doesn't use Internet connect if we give payment through pocket .all over i think it would be better if we use both without replace to each other .
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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September 08, 2016, 05:40:44 AM
 #1082

It is really not going to happen as of these days because bitcoin is still lack of adoption and the people are going to depend and choose more with the fiat money or local currency that they are using. But if this is going to happen it is just going to be possible that it is going to happen in year 2020's+ I guess but still we don't know.

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September 08, 2016, 06:37:21 AM
 #1083

Now in some places to buy goods directly can use bitcoin, how to conduct transactions directly using bitcoin? Because I place no purchases using bitcoin.

Nowadays has developed, which initially buy goods directly can only be used with the currency and credit cards, and can now use bitcoin although only in some places. Is it possible that the next few years means of exchange for transactions money initially turned into bitcoin?

What do you think about this?
i think it can't be evet because practical money has some other own facilities that bitcoin not have . like to take in pocket doesn't use Internet connect if we give payment through pocket .all over i think it would be better if we use both without replace to each other .
Half of the population of the world are living into poverty and this people have no idea about bitcoin because their main concern is how to budget their little earnings, and you think this people will ever bother to use bitcoin, I think not, bitcoin can never replace money.

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September 08, 2016, 09:25:00 AM
 #1084

Money or fiat cannot be replace any coin or bitcoin is just a digital currency forever and we are just using it as our money online..

I don't think bitcoin is able to completely replace fiat. I do believe however that bitcoin can be used as an alternative payment method.
I think that Bitcoin is never going to take over money because money has been around for so long that it is to big to be just taken over.
It would be to much work because then everybody has to learn about Bitcoin which is to much trouble.


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September 08, 2016, 11:27:08 AM
 #1085

Money or fiat cannot be replace any coin or bitcoin is just a digital currency forever and we are just using it as our money online..

I don't think bitcoin is able to completely replace fiat. I do believe however that bitcoin can be used as an alternative payment method.
I think that Bitcoin is never going to take over money because money has been around for so long that it is to big to be just taken over.
It would be to much work because then everybody has to learn about Bitcoin which is to much trouble.

True and thats the main thing why bitcoin could hardly replace fiat  in any way since fiat is already been established and been used for how many centuries already and its impossible to replaced by  bitcoin which  majority of people doesnt even know about it.

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September 08, 2016, 03:47:39 PM
 #1086

I believe that it is just a matter of time, to be honest. To understand it, you have to comprehend the fact that it can make things really easy and faster. And remember that there are already a lot of different BTC debit cards available for use.
thats true, we dont know when it will happen but it will definitely happen and it will make me some decent money just for holding bitcoins

You are right, with the bitcoin debit card it has the chance to replace the fiat, as everyone is now using credit card and with that awareness of bitcoin they will love to get a credit card of bitcoin and will love to use it instead of their bank card.

Yeah that would be an great experience and it will also help us in getting rid from banks and their cards which involves higher fees, and with bitcoin credit card life will become more easier.
thats true, i really hate banks to be honest, i hope that bitcoins will take over as soon as possible and make me big money
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September 11, 2016, 06:07:02 PM
 #1087

I believe that it is just a matter of time, to be honest. To understand it, you have to comprehend the fact that it can make things really easy and faster. And remember that there are already a lot of different BTC debit cards available for use.
thats true, we dont know when it will happen but it will definitely happen and it will make me some decent money just for holding bitcoins

You are right, with the bitcoin debit card it has the chance to replace the fiat, as everyone is now using credit card and with that awareness of bitcoin they will love to get a credit card of bitcoin and will love to use it instead of their bank card.

Yeah that would be an great experience and it will also help us in getting rid from banks and their cards which involves higher fees, and with bitcoin credit card life will become more easier.
thats true, i really hate banks to be honest, i hope that bitcoins will take over as soon as possible and make me big money

Even in the world of bitcoin, you need banks or similar organisations to borrow the money from for mortgates.
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September 12, 2016, 03:57:42 AM
 #1088

I believe that it is just a matter of time, to be honest. To understand it, you have to comprehend the fact that it can make things really easy and faster. And remember that there are already a lot of different BTC debit cards available for use.
thats true, we dont know when it will happen but it will definitely happen and it will make me some decent money just for holding bitcoins

You are right, with the bitcoin debit card it has the chance to replace the fiat, as everyone is now using credit card and with that awareness of bitcoin they will love to get a credit card of bitcoin and will love to use it instead of their bank card.

Yeah that would be an great experience and it will also help us in getting rid from banks and their cards which involves higher fees, and with bitcoin credit card life will become more easier.
thats true, i really hate banks to be honest, i hope that bitcoins will take over as soon as possible and make me big money

Even in the world of bitcoin, you need banks or similar organisations to borrow the money from for mortgates.

Well majority of the people of the world are not going to agree with it if the bitcoin is going to replace fiat money and as well as banks. For sure they are just going to accept that when the government implements to replace the use of bitcoin and going to make a bill about replacement for the local currency that they are using.

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September 12, 2016, 06:26:59 AM
 #1089

I believe that it is just a matter of time, to be honest. To understand it, you have to comprehend the fact that it can make things really easy and faster. And remember that there are already a lot of different BTC debit cards available for use.
thats true, we dont know when it will happen but it will definitely happen and it will make me some decent money just for holding bitcoins

You are right, with the bitcoin debit card it has the chance to replace the fiat, as everyone is now using credit card and with that awareness of bitcoin they will love to get a credit card of bitcoin and will love to use it instead of their bank card.

Yeah that would be an great experience and it will also help us in getting rid from banks and their cards which involves higher fees, and with bitcoin credit card life will become more easier.
thats true, i really hate banks to be honest, i hope that bitcoins will take over as soon as possible and make me big money

Even in the world of bitcoin, you need banks or similar organisations to borrow the money from for mortgates.

Well majority of the people of the world are not going to agree with it if the bitcoin is going to replace fiat money and as well as banks. For sure they are just going to accept that when the government implements to replace the use of bitcoin and going to make a bill about replacement for the local currency that they are using.

That is the problem. It cant be made as a physical bill or else those who can do some faking will come out again. Sure paper wallet is incredible but what if someone could duplicate that also. There are some risks in making it physical, I am still going to stick with it being just an online currency.

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September 12, 2016, 06:58:42 AM
 #1090

I believe that it is just a matter of time, to be honest. To understand it, you have to comprehend the fact that it can make things really easy and faster. And remember that there are already a lot of different BTC debit cards available for use.
thats true, we dont know when it will happen but it will definitely happen and it will make me some decent money just for holding bitcoins

You are right, with the bitcoin debit card it has the chance to replace the fiat, as everyone is now using credit card and with that awareness of bitcoin they will love to get a credit card of bitcoin and will love to use it instead of their bank card.

Yeah that would be an great experience and it will also help us in getting rid from banks and their cards which involves higher fees, and with bitcoin credit card life will become more easier.
thats true, i really hate banks to be honest, i hope that bitcoins will take over as soon as possible and make me big money

Even in the world of bitcoin, you need banks or similar organisations to borrow the money from for mortgates.

Well majority of the people of the world are not going to agree with it if the bitcoin is going to replace fiat money and as well as banks. For sure they are just going to accept that when the government implements to replace the use of bitcoin and going to make a bill about replacement for the local currency that they are using.

That is the problem. It cant be made as a physical bill or else those who can do some faking will come out again. Sure paper wallet is incredible but what if someone could duplicate that also. There are some risks in making it physical, I am still going to stick with it being just an online currency.

It don't think it would be too risky to have Bitcoin in bills, all shops would have to do is check the bill before accepting it. Fake bills with fake amounts of Bitcoin simply wouldn't appear on the blockchain, even if they were perfect physical copies of the real thing. Shops would just need to have a special machine that work like the counterfeit money detectors we have today. Personally I think a Bitcoin card that uses Bitcoin directly instead of converting to dollars would be better though.
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September 12, 2016, 07:34:28 AM
 #1091

Lol so many people are argumenting this but do you know that everything in the world is about the money how could you think then that the bitcoin will replace money lolXD
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September 12, 2016, 07:41:57 AM
 #1092

Bitcoin could replace money but it will not happen cause it's look unlikely and fiat is too big right now to go down under.
Maybe it will be the next biggest thing to invest in though cause that is more realistic, it could be the next gold.
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September 12, 2016, 07:46:06 AM
 #1093

Off course cant biotcoin replace money and that is only because if they need to choose beyween bitcoin or money everyone as a normal person would pick  money instead of the bitcoin.
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September 12, 2016, 08:07:09 AM
 #1094

If you are so despered to believe this you wont know anyuthing about the bitcoin sbecause you are to stupid for the bitcoin only smart people aloud to use the bitcoin sorry.
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September 12, 2016, 08:38:17 AM
 #1095

Yes I very much think bitcoin could be replacing the current money. Bitcoin is very big and with alot of people using it already. When we get more new generations and technology gets even more advanced then is when cryptocurrency will shine most. Also it costs money to make money but with bitcoin it's different and cheaper.
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September 12, 2016, 08:43:21 AM
 #1096

Yes I very much think bitcoin could be replacing the current money. Bitcoin is very big and with alot of people using it already. When we get more new generations and technology gets even more advanced then is when cryptocurrency will shine most. Also it costs money to make money but with bitcoin it's different and cheaper.

No mate, bitcoin is still very small in compare to paper money, just look at the market cap and user base of paper money and compare it to bitcoins, you will get your answer.
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September 12, 2016, 09:55:53 AM
 #1097

It can maybe happen but right now we are still very far from it to be honest because the bitcoin has a good future but not such a good future to be honest, maybe in about 10 years it will happen from now.
There are chances but the future of the bitcoin cannot be predicted so who knows what is gonna happen..


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BossMacko
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September 12, 2016, 10:04:53 AM
 #1098

What i think is Bitcoin will not be able to replace the money ever. To use Bitcoin you need to have internet access and a gadget. Government will not let it happen because not all citizen can have a gadget and internet access. It is not mandatory for everyone to get a hold of the said gadget and the internet connection.
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September 12, 2016, 11:19:59 AM
 #1099

What i think is Bitcoin will not be able to replace the money ever. To use Bitcoin you need to have internet access and a gadget. Government will not let it happen because not all citizen can have a gadget and internet access. It is not mandatory for everyone to get a hold of the said gadget and the internet connection.

No internet alone is not important to use bitcoin as from some wallets you are able to use your bitcoins through your debit cards, and with the more advancement of te technology of bitcoin it is sure bitcoin will be available in its own technology without the dependence of on any other technology.

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September 12, 2016, 11:59:37 AM
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Yes bitcoin could potentially replace money because money can go down with a big crisis and when that happens people will resort to the next big currency.
If bitcoin manages to be the biggest currency next to USD thats already a big accomplishment and a good way there.
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