Bitcoin replaces the money? Could happen?

[CoinFoxs]

Bitcoin is money. How money can replace the money? But if the talk is about replacement paper money - that really can happen one day. I believe that in future paper money go in history and we all will pay from plastc cards and aout wallets will be somewhere in the net. I think this future is not so far.

Yes bitcoin is money and real currency but the fact is that it is an online money or currency and we are transacting through online.

And people doesn't even know it yet, a lot of them are still using fiat money because they have been using it for a long time, even us.

But for me, if bitcoin is going to replace fiat money. I don't think that is going to happen easily many things are need to be considered and study.

Yes bitcoin is also money but i guess fiat is more stronger than bitcoin (online money) because fiat is accepted in any stores of any country or it uses worldwide as a direct payment method while in case of bitcoin, it is accepted in some stores not all stores and many countries where bitcoin is not use and people even don't know about bitcoin. So if bitcoin will replace fiat then it will take very long time to happen and i think it will not gonna happen.

[1714196083]

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[freedomgo]

Bitcoin is money. How money can replace the money? But if the talk is about replacement paper money - that really can happen one day. I believe that in future paper money go in history and we all will pay from plastc cards and aout wallets will be somewhere in the net. I think this future is not so far.

Yes bitcoin is money and real currency but the fact is that it is an online money or currency and we are transacting through online.

And people doesn't even know it yet, a lot of them are still using fiat money because they have been using it for a long time, even us.

But for me, if bitcoin is going to replace fiat money. I don't think that is going to happen easily many things are need to be considered and study.

Yes bitcoin is also money but i guess fiat is more stronger than bitcoin (online money) because fiat is accepted in any stores of any country or it uses worldwide as a direct payment method while in case of bitcoin, it is accepted in some stores not all stores and many countries where bitcoin is not use and people even don't know about bitcoin. So if bitcoin will replace fiat then it will take very long time to happen and i think it will not gonna happen.

No question about that and we have already been using fiat even before, bitcoin is just new to the market and although it can give good results to our economy but lack of trust by the people would not make it replace fiat for life.

[vero]

Bitcoin is money. How money can replace the money? But if the talk is about replacement paper money - that really can happen one day. I believe that in future paper money go in history and we all will pay from plastc cards and aout wallets will be somewhere in the net. I think this future is not so far.

Yes bitcoin is money and real currency but the fact is that it is an online money or currency and we are transacting through online.

And people doesn't even know it yet, a lot of them are still using fiat money because they have been using it for a long time, even us.

But for me, if bitcoin is going to replace fiat money. I don't think that is going to happen easily many things are need to be considered and study.

Yes bitcoin is also money but i guess fiat is more stronger than bitcoin (online money) because fiat is accepted in any stores of any country or it uses worldwide as a direct payment method while in case of bitcoin, it is accepted in some stores not all stores and many countries where bitcoin is not use and people even don't know about bitcoin. So if bitcoin will replace fiat then it will take very long time to happen and i think it will not gonna happen.

No question about that and we have already been using fiat even before, bitcoin is just new to the market and although it can give good results to our economy but lack of trust by the people would not make it replace fiat for life.

is too difficult for fiat replaced by the cryptocurrency because the government will never approve it happened where people have the freedom to controlling their money.

[stepwilli]

It can only happen if people would embrace change. There's a lot of reasons why the nation should use Bitcoin instead but people are not aware of that and the government seems to be against it as well. It might not seem possible for now, but it will eventually become more and more a possibility.

Interestingly, world wide all the people will accept new change. Moreover no one will not refuse to find his own freedom. Bitcoin will be the right choice for getting our financial freedom from many hurdles like transaction fees and delayed transactions for cross-border.

[BitMaxz]

Bitcoin is money. How money can replace the money? But if the talk is about replacement paper money - that really can happen one day. I believe that in future paper money go in history and we all will pay from plastc cards and aout wallets will be somewhere in the net. I think this future is not so far.

Yes bitcoin is money and real currency but the fact is that it is an online money or currency and we are transacting through online.

And people doesn't even know it yet, a lot of them are still using fiat money because they have been using it for a long time, even us.

But for me, if bitcoin is going to replace fiat money. I don't think that is going to happen easily many things are need to be considered and study.

Yes bitcoin is also money but i guess fiat is more stronger than bitcoin (online money) because fiat is accepted in any stores of any country or it uses worldwide as a direct payment method while in case of bitcoin, it is accepted in some stores not all stores and many countries where bitcoin is not use and people even don't know about bitcoin. So if bitcoin will replace fiat then it will take very long time to happen and i think it will not gonna happen.

No question about that and we have already been using fiat even before, bitcoin is just new to the market and although it can give good results to our economy but lack of trust by the people would not make it replace fiat for life.

is too difficult for fiat replaced by the cryptocurrency because the government will never approve it happened where people have the freedom to controlling their money.

Yeah one of the enemy is government im sure that they dont want bitcoin to use instead of fiat..
Bitcoin is good only for alternative purposes only online anywhere should we increase adoption so that we can bring bitcoin anywhere in the world that can accept almost all countries. i hope that it can be happen in the future.

[wikenpp]

Bitcoin was not created to replace our current way of how we use money. In fact it is just a supplement next to fiat money. Because bitcoin works at is best next to fiat money. So consumers/users can use both and any time they find it suitable. Allegedly I thought bitcoin was just a paypal competitor but the way the eco system works with miners makes bitcoin much more then paypal and credit cards

[Doamader]

Exactly bitcoin for me returns to the people the power to choose, the power that banks and countries has with fiat. Bitcoin purpose werent to replace or remove or either compete, even doing a bit of boths of those, bitcoin low fees and transparency.

[richardsNY]

Bitcoin was not created to replace our current way of how we use money. In fact it is just a supplement next to fiat money. Because bitcoin works at is best next to fiat money. So consumers/users can use both and any time they find it suitable. Allegedly I thought bitcoin was just a paypal competitor but the way the eco system works with miners makes bitcoin much more then paypal and credit cards

Finally some one that understand how things are. You are one of the very few here. In easy terms, Bitcoin is just an alternative to fiat currencies for people that like to gain back control over their own wealth, and to enjoy financial freedom. This doesn't mean that you as person has to stop using fiat. Far from it. As you also said, it's a great addition alongside fiat. It allows us to get the best of both worlds.

[X-ray]

is too difficult for fiat replaced by the cryptocurrency because the government will never approve it happened where people have the freedom to controlling their money.

definitely right,government won't let something that they can't control just growing up smoothly,they will put an effort to stop it or even making their own cryptocurrency that's not decentralized so it's such an action to prevent from can't control the economy

[outatime1]

I think it will be decades before you can buy everything with bitcoin. Even then, I think it will be just an option along with fiat, credit cards, etc. I do think it will eventually be an option though.

[pitham1]

is too difficult for fiat replaced by the cryptocurrency because the government will never approve it happened where people have the freedom to controlling their money.

definitely right,government won't let something that they can't control just growing up smoothly,they will put an effort to stop it or even making their own cryptocurrency that's not decentralized so it's such an action to prevent from can't control the economy

Right now, bitcoin and cryoptocurrencies are at a stage where they can be killed by the government.
At some point, they may become too big for governments to kill. No government can prevent its people from using gold.

[serjent05]

It can only happen if people would embrace change. There's a lot of reasons why the nation should use Bitcoin instead but people are not aware of that and the government seems to be against it as well. It might not seem possible for now, but it will eventually become more and more a possibility.

Yes I agree, but as you stated most people are unaware of bitcoin, some may have heard it but the real reason why bitcoin exist is unknown to them, the same thing Government neglecting or ignoring if not banning bitcoin plays a bigger part on this.  I think it will really take much time before people will be used to bitcoin but in my opinion, bitcoin can never replace money.

[Qunenin]

It can only happen if people would embrace change. There's a lot of reasons why the nation should use Bitcoin instead but people are not aware of that and the government seems to be against it as well. It might not seem possible for now, but it will eventually become more and more a possibility.

The two biggest hurdles for bitcoin to replace the money is

1-Lack of awareness of  people
2- Government Institutions unwillingness to bring this change

The point no 2. i guess is a much bigger threat for bitcoins a compared to point no 1. 

[JessicaSe]

It can only happen if people would embrace change. There's a lot of reasons why the nation should use Bitcoin instead but people are not aware of that and the government seems to be against it as well. It might not seem possible for now, but it will eventually become more and more a possibility.

The two biggest hurdles for bitcoin to replace the money is

1-Lack of awareness of  people
2- Government Institutions unwillingness to bring this change

The point no 2. i guess is a much bigger threat for bitcoins a compared to point no 1. 

Yes Government will never allow any digital currency to replace their national currency and the other fact is people have more faith in paper money in compare to bitcoins as they find it easy and using since its inception.

[Maesters1-]

to me the bitcoin has the capacity to replace money, but i think in present time or even in near future it is not possible, because bitcoin is still not so much popular in all over the world, in present time a very little number of people are using bitcoin, so it will take decades for bitcoin to replace fiat currency.

[lionheart78]

It can only happen if people would embrace change. There's a lot of reasons why the nation should use Bitcoin instead but people are not aware of that and the government seems to be against it as well. It might not seem possible for now, but it will eventually become more and more a possibility.

The two biggest hurdles for bitcoin to replace the money is

1-Lack of awareness of  people
2- Government Institutions unwillingness to bring this change

The point no 2. i guess is a much bigger threat for bitcoins a compared to point no 1. 

Yes Government will never allow any digital currency to replace their national currency and the other fact is people have more faith in paper money in compare to bitcoins as they find it easy and using since its inception.

I agree. One of the reason for this is that if the government allow bitcoin to replace their currency, then their economy can be manipulated by some people who holds majority of bitcoin.  I think instead of accepting bitcoin or replacing their currency with bitcoin, they will create a new cryptocurrency that can be use by their citizen.

[SidaroffVany]

Prospects of using bitcoin is very serious. Indeed, I also hope that cryptocurrency will replace the real money in many cases. It all depends on how fast bitcoin will become popular.

[DashCoinDark]

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 that the Bitcoin is never going to replace money because money has been around for so long and Bitcoin only just exists.
Bitcoin might have a better change when everything in the world will be digital.

[Gilf]

Not all people are ready to completely abandon their money in real guise. Bitcoin is the currency that will be available only to a certain circle of people. Therefore, a substitute in the future will not be. I'm sure of it.

[crairezx20]

Not all people are ready to completely abandon their money in real guise. Bitcoin is the currency that will be available only to a certain circle of people. Therefore, a substitute in the future will not be. I'm sure of it.

Its sure that money or fiat can be replace by any currency online.. because we are just using bitcoin as alternative that we can use in trading gambling or transferring money with less fee.