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Author Topic: Bitcoin replaces the money? Could happen?  (Read 85988 times)
freedomgo
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September 23, 2016, 01:25:57 PM
 #1161

Lol allot of peopel thinks this but how do you think bitcoin will replace the money peopel pay their bills with bitcoins lol i dont think so if this happends the world will collapse.

There is already some services and websites that are allowing their users to pay their bills with bitcoins so I guess that is nearly to come. And if you are a very techy person you will now that this is possible to happen because of the fast paced technology and environment that we are living today. It is will happen but not as of today.
Yeah you can pay bills with BTC also you can  buy a lot of stuff online and order food and stuff so BTC is even now taking the place of cash but there's a long way to go in order for it to become so big that it fully replaces it
Even how bitcoin would be used in future but still it wont  replace  fiat money  anytime soon since  paper currency is commonly used  by  anybody since in the beginning  it was created  and  not all people are not familiar  with bitcoin some  may not  know and would prefer to use  paper  money instead.
Thanks for telling the truth, that is really that reality because bitcoin is just an online currency who does not possess any legality in the eyes of the state, we are just using a coin that is not declared as legal or illegal, therefore people will not easily trust and give up fiat for bitcoin.

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randy8777
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September 23, 2016, 02:03:40 PM
 #1162

It can maybe happen but it will take a lot of time and I also think that we than should wait a long time on it because its not something that is done fast.
It will take years over years to even come close with the bitcoin right now.

it will never happen. mainly because of the fact that bitcoin usage will not even come close to how people are using fiat. that aside, we shouldn't even want it to happen. bitcoin must always be an alternative just like now.
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September 24, 2016, 05:14:19 PM
 #1163

It can maybe happen but it will take a lot of time and I also think that we than should wait a long time on it because its not something that is done fast.
It will take years over years to even come close with the bitcoin right now.

it will never happen. mainly because of the fact that bitcoin usage will not even come close to how people are using fiat. that aside, we shouldn't even want it to happen. bitcoin must always be an alternative just like now.

And people are most familiar with the use of fiat money so for sure they are going choose to use fiat money rather than bitcoin. Because it is needed to be adopted first by the people. And not all the people doesn't have enough knowledge in bitcoin technology. So they are going to have hard time in adopting bitcoin so it is not going to happen.
That's right, the use of bitcoin is all lish an alternative to paper money, on the one hand, and the other is an addition to the same paper money as their electronic component.
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September 24, 2016, 05:18:59 PM
 #1164

yes there is no doubt about this that bitcoin can replace the fiat currency but i think it will take a lot of time because still 1% of the total population is not using bitcoin and rest of the people are totally depending on bitcoin, therefore it is not such an easy task to replace bitcoin by fiat currency.

If bitcoin replaces the money means fiat then it would be the same, i mean the authorities will make it like the fiat we are using right now so there will be no advantages of being it bitcoin, it will be under control of the government of every country as it cant be possible that the government wont have any access on the economy of the country.
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September 24, 2016, 06:45:43 PM
 #1165

I do not think its gonna happen anytime soon but I'm pretty sure that it can do this in about 10 years from now.
We cannot deny the fact that the bitcoin has a great future a head.
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September 25, 2016, 12:06:35 AM
 #1166

Lol allot of peopel thinks this but how do you think bitcoin will replace the money peopel pay their bills with bitcoins lol i dont think so if this happends the world will collapse.

There is already some services and websites that are allowing their users to pay their bills with bitcoins so I guess that is nearly to come. And if you are a very techy person you will now that this is possible to happen because of the fast paced technology and environment that we are living today. It is will happen but not as of today.
Yeah you can pay bills with BTC also you can  buy a lot of stuff online and order food and stuff so BTC is even now taking the place of cash but there's a long way to go in order for it to become so big that it fully replaces it
its nice that you can pay with bitcoins for so much different things right now, i hope bitcoins will replace money

 
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September 25, 2016, 12:14:07 AM
 #1167

Lol allot of peopel thinks this but how do you think bitcoin will replace the money peopel pay their bills with bitcoins lol i dont think so if this happends the world will collapse.

There is already some services and websites that are allowing their users to pay their bills with bitcoins so I guess that is nearly to come. And if you are a very techy person you will now that this is possible to happen because of the fast paced technology and environment that we are living today. It is will happen but not as of today.
Yeah you can pay bills with BTC also you can  buy a lot of stuff online and order food and stuff so BTC is even now taking the place of cash but there's a long way to go in order for it to become so big that it fully replaces it
its nice that you can pay with bitcoins for so much different things right now, i hope bitcoins will replace money

I also have such expectations, everyone using bitcoin also will do it all. I think if you want to get a good profit then you should do it in a good way and for now I prefer to double the bitcoin rather than having to wait.
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September 25, 2016, 01:43:29 AM
 #1168

I think someday it could happen and very possible, bitcoin replaces the money. But for now, bitcoin can't replaces the money. It takes much time to do that and more people need to know and understand about bitcoin.
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September 25, 2016, 03:00:00 AM
 #1169

Lol allot of peopel thinks this but how do you think bitcoin will replace the money peopel pay their bills with bitcoins lol i dont think so if this happends the world will collapse.

There is already some services and websites that are allowing their users to pay their bills with bitcoins so I guess that is nearly to come. And if you are a very techy person you will now that this is possible to happen because of the fast paced technology and environment that we are living today. It is will happen but not as of today.

Exactly..
There were some company that uses bitcoin for their payment and transaction..
It's not impossible that time will come bitcoin will be use in so many transaction.. Let's just wait and see..
Bitcoin is getting known now.

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September 25, 2016, 03:03:49 AM
 #1170

Lol allot of peopel thinks this but how do you think bitcoin will replace the money peopel pay their bills with bitcoins lol i dont think so if this happends the world will collapse.

There is already some services and websites that are allowing their users to pay their bills with bitcoins so I guess that is nearly to come. And if you are a very techy person you will now that this is possible to happen because of the fast paced technology and environment that we are living today. It is will happen but not as of today.

Exactly..
There were some company that uses bitcoin for their payment and transaction..
It's not impossible that time will come bitcoin will be use in so many transaction.. Let's just wait and see..
Bitcoin is getting known now.

You are both right, paying bills  and other  online transaction are already available on some  online merchants  which  offer  this kind of services with the use of bitcoins. Adoption of bitcoin really cant be stopped and   for sure it  would  developed and  would be  popular throughout the world and then  thats the time that  most merchants would  use the same way too which is using bitcoin.
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September 25, 2016, 02:10:03 PM
 #1171

Lol allot of peopel thinks this but how do you think bitcoin will replace the money peopel pay their bills with bitcoins lol i dont think so if this happends the world will collapse.

There is already some services and websites that are allowing their users to pay their bills with bitcoins so I guess that is nearly to come. And if you are a very techy person you will now that this is possible to happen because of the fast paced technology and environment that we are living today. It is will happen but not as of today.

Exactly..
There were some company that uses bitcoin for their payment and transaction..
It's not impossible that time will come bitcoin will be use in so many transaction.. Let's just wait and see..
Bitcoin is getting known now.

You are both right, paying bills  and other  online transaction are already available on some  online merchants  which  offer  this kind of services with the use of bitcoins. Adoption of bitcoin really cant be stopped and   for sure it  would  developed and  would be  popular throughout the world and then  thats the time that  most merchants would  use the same way too which is using bitcoin.
Maybe you are referring to  2-in-1 Wallets in which you can convert Bitcoin to Fiat money and use that money to pay bills. Or if they pay the bills directly using bitcoin the wallets are the one converting it to Fiat money to pay. Well that is my own experience and that is how they promote the wallet I am using now. Big companies or Conglomerates I would say won't go for Bitcoin as mode of payment as they are gonna be vulnerable to government attacks.
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September 25, 2016, 02:13:20 PM
 #1172

it already replaced a lot, and may do more in future
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September 25, 2016, 02:50:11 PM
 #1173

Lol allot of peopel thinks this but how do you think bitcoin will replace the money peopel pay their bills with bitcoins lol i dont think so if this happends the world will collapse.

There is already some services and websites that are allowing their users to pay their bills with bitcoins so I guess that is nearly to come. And if you are a very techy person you will now that this is possible to happen because of the fast paced technology and environment that we are living today. It is will happen but not as of today.

Exactly..
There were some company that uses bitcoin for their payment and transaction..
It's not impossible that time will come bitcoin will be use in so many transaction.. Let's just wait and see..
Bitcoin is getting known now.

Yes. Instead of transacting by cash and the cash messanger is in danger always then just ise this method. It will be safer plus the messanger can do another job for just mails.

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September 27, 2016, 02:19:44 AM
 #1174

 Paper currency instead of gold , solved the problem of shortage of moneydemand , thus promote the rapid development of social economy . Bitcoin as a strictlycontrol the total amount of currency , and the quantity is not enough , with the currencyand how to solve the contradiction between economic development ? Don't agree withthis would be the currency in the future
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September 27, 2016, 03:27:22 AM
 #1175

Lol allot of peopel thinks this but how do you think bitcoin will replace the money peopel pay their bills with bitcoins lol i dont think so if this happends the world will collapse.

There is already some services and websites that are allowing their users to pay their bills with bitcoins so I guess that is nearly to come. And if you are a very techy person you will now that this is possible to happen because of the fast paced technology and environment that we are living today. It is will happen but not as of today.

Exactly..
There were some company that uses bitcoin for their payment and transaction..
It's not impossible that time will come bitcoin will be use in so many transaction.. Let's just wait and see..
Bitcoin is getting known now.

Yes. Instead of transacting by cash and the cash messanger is in danger always then just ise this method. It will be safer plus the messanger can do another job for just mails.

Cash to cash messenger  transaction are  somehow  rare to find these days because of  fast pace technology era.  As others said  bitcoin would  somehow make these kind of transactions fast and safe compared to the  traditional ways but on claiming that bitcoin would  replace fiat its impossible since bitcoin does depend  on  fiats value.

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September 27, 2016, 05:16:17 AM
 #1176

Lol allot of peopel thinks this but how do you think bitcoin will replace the money peopel pay their bills with bitcoins lol i dont think so if this happends the world will collapse.

There is already some services and websites that are allowing their users to pay their bills with bitcoins so I guess that is nearly to come. And if you are a very techy person you will now that this is possible to happen because of the fast paced technology and environment that we are living today. It is will happen but not as of today.

Exactly..
There were some company that uses bitcoin for their payment and transaction..
It's not impossible that time will come bitcoin will be use in so many transaction.. Let's just wait and see..
Bitcoin is getting known now.

Yes. Instead of transacting by cash and the cash messanger is in danger always then just ise this method. It will be safer plus the messanger can do another job for just mails.

Cash to cash messenger  transaction are  somehow  rare to find these days because of  fast pace technology era.  As others said  bitcoin would  somehow make these kind of transactions fast and safe compared to the  traditional ways but on claiming that bitcoin would  replace fiat its impossible since bitcoin does depend  on  fiats value.
That is the reality that needs to be explain to everyone here who are not thinking realistically, bitcoin will never be a major currency for the majority of people but only for the people who has interest to transact online for whatever purpose.
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September 27, 2016, 08:12:10 AM
 #1177

Anything can happen ofcourse but I don't think it will get enough power to replace the current money. This has too many users for example and too many powerful people already to overtake it I think.


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September 27, 2016, 08:27:37 AM
 #1178

Anything can happen ofcourse but I don't think it will get enough power to replace the current money. This has too many users for example and too many powerful people already to overtake it I think.

Replaces I think is not the correct term but an alternative currency to be used online. Fiat money is the old currency we are used to spend in real life. There are also credit card but bitcoin is the new emerging online currency and its gaining support from allover the world. Maybe in the future,fiat money used will be reduced as more and more are adapting this bitcoin.

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September 27, 2016, 08:37:48 AM
 #1179

Anything can happen ofcourse but I don't think it will get enough power to replace the current money. This has too many users for example and too many powerful people already to overtake it I think.

Exactly, though bitcoin is widely used in the whole world but still its users database is nothing compared to the users database of paper money or fiat, and it does not seem to be possible that bitcoin replaces that money staying in the same shape, it may do it if it changes and be like that money.
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September 27, 2016, 09:35:16 AM
 #1180

Lol allot of peopel thinks this but how do you think bitcoin will replace the money peopel pay their bills with bitcoins lol i dont think so if this happends the world will collapse.

There is already some services and websites that are allowing their users to pay their bills with bitcoins so I guess that is nearly to come. And if you are a very techy person you will now that this is possible to happen because of the fast paced technology and environment that we are living today. It is will happen but not as of today.

Exactly..
There were some company that uses bitcoin for their payment and transaction..
It's not impossible that time will come bitcoin will be use in so many transaction.. Let's just wait and see..
Bitcoin is getting known now.

Yes. Instead of transacting by cash and the cash messanger is in danger always then just ise this method. It will be safer plus the messanger can do another job for just mails.

Cash to cash messenger  transaction are  somehow  rare to find these days because of  fast pace technology era.  As others said  bitcoin would  somehow make these kind of transactions fast and safe compared to the  traditional ways but on claiming that bitcoin would  replace fiat its impossible since bitcoin does depend  on  fiats value.
That is the reality that needs to be explain to everyone here who are not thinking realistically, bitcoin will never be a major currency for the majority of people but only for the people who has interest to transact online for whatever purpose.

You are right, bitcoins  main purpose  suppose  to be  would be  in transfer thing since  its the most convenient, fast and  less fees  when it comes to money transfer which is very helpful  but  the  main point here  is  that bitcoin cant  possibly  replace fiat money in the long run.

Legendary / Hero Member

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