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GermanFoobla
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October 11, 2016, 02:40:55 PM |
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Anything can happen so also that bitcoin replaces the current money but for this it would take another 100 years to happen.
Money has too big of a foundation to just be kicked off it's throne by bitcoin so quickly we would need to be very patient.
Yeah anything can happen but sum things are on so different levels that you can almost not com[are them to each other. It is like could it happen that the phone company Huawei is going to take over Apple or Samsung. |
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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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youhgt2
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October 11, 2016, 08:30:39 PM |
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Well as being discussed before, if you really are an futuristic person then this thing is really possible but the chances are to low, some of the users said that this will not happen, in some ways bitcoin can be used as an alternative of fiat instead.
yes bitcoin can really use as alternative of fiat currencies but i think it is not so easy and cannot happen so early, it will really take decades, because still a very little number of people are using bitcoin. |
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chaser15
Legendary
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Activity: 2688
Merit: 1065
Undeads.com - P2E Runner Game
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October 12, 2016, 02:44:37 PM |
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Well as being discussed before, if you really are an futuristic person then this thing is really possible but the chances are to low, some of the users said that this will not happen, in some ways bitcoin can be used as an alternative of fiat instead.
I will just add, those bitcoin fanatics are taking dreams into reality. They didn't know the circumstances that's why they can just easily say that bitcoin can replaced the current money system. Im at active at bitcoin and being optimistic about it's future but thinking of replacing money with this kind of currency is not part of my optimistic views in bitcoin. |
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Alauria
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October 12, 2016, 02:51:26 PM |
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I do not think that Bitcoin is ever going to take over money because the Bitcoin has not been around for long enough and I think that they could not handle as many people.
Also many people do not even know what Bitcoin is will not be interested.
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Jonar21
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October 15, 2016, 09:10:03 AM |
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In the past month, I have a problem with real money, although there was a slight savings in cryptocurrency, but to change and realize a profit failed. Dented real paper money must always be. As long as they help us to live in the real world.
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gkv9
Legendary
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Activity: 1246
Merit: 1000
!!! RiSe aBovE ThE StoRm !!!
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October 15, 2016, 09:31:19 AM |
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Well as being discussed before, if you really are an futuristic person then this thing is really possible but the chances are to low, some of the users said that this will not happen, in some ways bitcoin can be used as an alternative of fiat instead.
It is already being used, and why not??? You must have seen purse.io, some xbox games sold for bitcoins and many other things which are now getting sold for the same... Replacement of money won't be possible though because the profits for which people are here, they won't let Bitcoins replace the money because they might then lose the chance to play on this and make money off this... |
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Gilf
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October 15, 2016, 09:35:52 AM |
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In the past month, I have a problem with real money, although there was a slight savings in cryptocurrency, but to change and realize a profit failed. Dented real paper money must always be. As long as they help us to live in the real world.
The real money is not going anywhere. Just online resource is in demand not just in the world's population, so bitcoin will not be able to win the whole market completely. Let rated on the most forecast, it is 50/50. But no more. |
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MWesterweele
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October 15, 2016, 10:29:25 AM |
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I change my answer and i think noo as of now bitcoin is just for internet uses and it for currencies that we are using here trading and investment money can't change because we use that for physical and we use that in daily if bitcoin can use as physical then it is possible.
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blackmagician
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October 15, 2016, 11:18:52 AM |
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Yes theres a possibility that bitcoin can replace money but dollar only.. it seems like usa is wickening and the only thing they can rely on is the usd. So bitcoin will replace dollar someday.
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zahra4577
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October 15, 2016, 11:21:35 AM |
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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?
Bitcoin is used by a very small number of people. I dont think it can completely send money out of use.Governments will never allow bitcoin to beat their national currencies |
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gerXhonza
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October 15, 2016, 11:30:30 AM |
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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?
Bitcoin is used by a very small number of people. I dont think it can completely send money out of use.Governments will never allow bitcoin to beat their national currencies Yes that is impossible that bitcoin can ever replace paper money in future and even if bitcoin gets more popular in future it can never exceed the number of users of fiat. |
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freedomgo
Legendary
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Activity: 3080
Merit: 1144
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October 15, 2016, 12:46:27 PM |
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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?
Bitcoin is used by a very small number of people. I dont think it can completely send money out of use.Governments will never allow bitcoin to beat their national currencies Yes that is impossible that bitcoin can ever replace paper money in future and even if bitcoin gets more popular in future it can never exceed the number of users of fiat. It is possible of course but the chances of making it happen is very dim, bitcoin is not a big thing if you will compare with the paper money which is enforce and regulated by the government, you cannot deny the fact that we are all using paper money and we see it as money than bitcoin. |
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dunfida
Legendary
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Activity: 3066
Merit: 1129
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October 15, 2016, 02:43:36 PM |
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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?
Bitcoin is used by a very small number of people. I dont think it can completely send money out of use.Governments will never allow bitcoin to beat their national currencies Yes that is impossible that bitcoin can ever replace paper money in future and even if bitcoin gets more popular in future it can never exceed the number of users of fiat. It is possible of course but the chances of making it happen is very dim, bitcoin is not a big thing if you will compare with the paper money which is enforce and regulated by the government, you cannot deny the fact that we are all using paper money and we see it as money than bitcoin. Paper currency is been used since the beggining of time where people are already educated and its already been established and developed for how many centuries> As you said its enforce by the government and if bitcoin would tend to challenge it then it would no have chance. |
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mastica
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October 16, 2016, 12:31:27 AM |
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Bitcoin is a strong currencie and an amazing way to purchase anything online, but lets be realistic fiat does control the world, almost all transactions are made with fiat and bitcoin will never replace it, the worse cenario that might happen is fiat improve to digital and stop being printed money.
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crockoo
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October 16, 2016, 07:16:04 PM |
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Bitcoin is a strong currencie and an amazing way to purchase anything online, but lets be realistic fiat does control the world, almost all transactions are made with fiat and bitcoin will never replace it, the worse cenario that might happen is fiat improve to digital and stop being printed money.
I like paper money will not give up because there is no opportunity to work with bitcoin. This is the same if there were no where and what to buy. |
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Ziskinberg
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October 17, 2016, 02:09:20 AM |
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Bitcoin is a strong currencie and an amazing way to purchase anything online, but lets be realistic fiat does control the world, almost all transactions are made with fiat and bitcoin will never replace it, the worse cenario that might happen is fiat improve to digital and stop being printed money.
Bitcoin to be honest is just a small currency that we are the only group who patronize the use of it, that can be proven with the total users of bitcoin and I believe we are not that big, so if we think of replacing fiat, that would be so unrealistic prediction. |
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jossiel
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October 17, 2016, 02:30:36 AM |
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Bitcoin is a strong currencie and an amazing way to purchase anything online, but lets be realistic fiat does control the world, almost all transactions are made with fiat and bitcoin will never replace it, the worse cenario that might happen is fiat improve to digital and stop being printed money.
I like paper money will not give up because there is no opportunity to work with bitcoin. This is the same if there were no where and what to buy. There is a lot of opportunity to work with bitcoin you just need to be a hard working person and you just manage to use your time properly. But the fact that bitcoin is going to replace paper money then I don't think that is going to happen easily as that is going to need a lot of time to happen. Maybe that is possible to happen for the next 10-20 years or else it won't happen. |
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milewilda
Legendary
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Activity: 3094
Merit: 1127
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October 17, 2016, 02:45:06 AM |
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Bitcoin is a strong currencie and an amazing way to purchase anything online, but lets be realistic fiat does control the world, almost all transactions are made with fiat and bitcoin will never replace it, the worse cenario that might happen is fiat improve to digital and stop being printed money.
I like paper money will not give up because there is no opportunity to work with bitcoin. This is the same if there were no where and what to buy. There is a lot of opportunity to work with bitcoin you just need to be a hard working person and you just manage to use your time properly. But the fact that bitcoin is going to replace paper money then I don't think that is going to happen easily as that is going to need a lot of time to happen. Maybe that is possible to happen for the next 10-20 years or else it won't happen. In next 10-20 years as you expected wont really happen even in our lifetime hence bitcoin couldnt replace fiat anytime soon no matter how bitcoin would fly to its wings on the future. Fiat is commonly used by people and already well established and theres no thing that could replace it easily. |
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bitcoinhopper
Sr. Member
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Activity: 336
Merit: 250
Bravity is beautiful.
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October 17, 2016, 07:43:00 AM |
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Bitcoin is never going to replace money because it is going to be different from country because it would not be possible for Bitcoin to take over all currencies.
Maybe that it will take over a currency from a certain country but I think that it is not going to happen.
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goldcoinminer
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October 18, 2016, 02:47:00 AM |
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Bitcoin is never going to replace money because it is going to be different from country because it would not be possible for Bitcoin to take over all currencies.
Maybe that it will take over a currency from a certain country but I think that it is not going to happen.
We don't know what is going to happen in the future but if we are going to base on our modern era. There are many billionaires that are preferring to use money which has been digitized and bitcoin is good to count and consider with it. So I think that is possible in the future but that is not possible to happen in this days. Well, there is no impossible things that would happen as this world changes from time to time, we do not know the future so there is possibility but what we are talking here is the chances and I believe the chances to make that happen is very low. |
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