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Altynbekova
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January 12, 2016, 02:08:02 PM |
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The money will not be replaced by bitcoin.
Bitcoin's goal is not to replace it anyway, but to give freedom, speed and control of your money.
I don't see such a thing happen, ever.
That is actually what bitcoins mean to get freedom and the speed for transaction. Also the control for your money and not the bank and the government. The nice think with bitcoin that it can go higher. |
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Bitcoin addresses contain a checksum, so it is very unlikely that mistyping an address will cause you to lose money.
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Snorek
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January 12, 2016, 02:13:29 PM |
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Realistically what can happen is to FIAT replace bitcoin, not the other way around. How? Bitcoin as sovereign digital currency is pain in the ass of centrally controlled national economy.
To compete with it in the future we could see government issued fully digital version of Dollar or Euro, that means of payment will be direct bitcoin competitor and in fact replace or push bitcoin to the margins.
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newcoins1978
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January 12, 2016, 03:24:29 PM |
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Realistically what can happen is to FIAT replace bitcoin, not the other way around. How? Bitcoin as sovereign digital currency is pain in the ass of centrally controlled national economy.
To compete with it in the future we could see government issued fully digital version of Dollar or Euro, that means of payment will be direct bitcoin competitor and in fact replace or push bitcoin to the margins.
I'm hoping for this to not happen though and hopefully it won't I like the way bitcoin the way it is today |
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martinacar
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January 12, 2016, 03:30:43 PM |
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Realistically what can happen is to FIAT replace bitcoin, not the other way around. How? Bitcoin as sovereign digital currency is pain in the ass of centrally controlled national economy.
To compete with it in the future we could see government issued fully digital version of Dollar or Euro, that means of payment will be direct bitcoin competitor and in fact replace or push bitcoin to the margins.
I'm hoping for this to not happen though and hopefully it won't I like the way bitcoin the way it is today Yeah bitcoin is just nice also fiat money, because in the bank I have a lot of money in there. Is not that safe to just make it to bitcoin. Is never safe with it, because you never can tell maybe in 2 years bitcoin will just drop so bad. |
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Bitcoinbro
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January 12, 2016, 03:43:22 PM |
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For big country's like England or America I don't think they will just replace there fiat money. I think if there is a little country that not much people live I think is a great Idea to replace the money to bitcoin. For just to try if it will work in your daily life.
I don't think bitcoin can replace money anywhere, unless you own some kind of island in the middle of nowhere Then yes I can see why that can happen. But not in any country with an actual government. |
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Hazir
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January 12, 2016, 03:55:41 PM |
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I'm hoping for this to not happen though and hopefully it won't
I like the way bitcoin the way it is today
The problem is that bitcoin is good for people and problematic for authorities. It is silly believe that we will maintain this state in the future. Government intervention in the bitcoin industry is simply inevitable. There is really high chance that we see a lot more government action against bitcoin, even core protocol is not safe. |
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SirChiko
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January 12, 2016, 04:27:09 PM |
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No it will never happen.As you've mentioned about stores accepting bitcoins that is fine,we can even expect big players like Amazon or Ebay to star accepting bitcoins as an alternate paying method but they won't completely replace the fiat.The government will never allow that for obvious reasons.
But how about in some years in the future when people over the world using bitcoin then paper money will really left by people. That will probably be some next generation of cryptocurrency and not bitcoin..if it had to happen. |
The only online casino on which i won something. I made 17mBTC from 1mBTC in like 15 minutes. This is not paid AD!
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yoona
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Live by your own rules
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January 12, 2016, 06:20:16 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?
no,absolutely not. bitcoin cannot replace money,because bitcoin still counted and compare with money,1 Bitcoin equal $450 and its still happen,and will always happen,people need bitcoin s value,the excatly word is not "replace" maybe "compete" is better word for describe this. |
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praprata
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January 27, 2016, 01:22:31 PM |
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No it will never happen.As you've mentioned about stores accepting bitcoins that is fine,we can even expect big players like Amazon or Ebay to star accepting bitcoins as an alternate paying method but they won't completely replace the fiat.The government will never allow that for obvious reasons.
But how about in some years in the future when people over the world using bitcoin then paper money will really left by people. That will probably be some next generation of cryptocurrency and not bitcoin..if it had to happen. I think that will never happen. You must know how big the world is. It's been so difficult to change the US Dollar and then I does not even talk about Euro. |
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swogerino
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January 27, 2016, 01:24:04 PM |
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Well, Bitcoin currently IS a form of money, so in that regard you can choose to replace money with it if you have enough goods available to you by using bitcoins.
As for the technicalities, I don't think FIAT will be replaced any time.
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Dr.Osh
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January 27, 2016, 02:46:36 PM |
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Well, Bitcoin currently IS a form of money, so in that regard you can choose to replace money with it if you have enough goods available to you by using bitcoins.
As for the technicalities, I don't think FIAT will be replaced any time.
bitcoin is indeed one kind of money, but bitcoin just be money in digital form, and I think it took a long time if bitcoin want to replace real money. That may happen when the real money is not important anymore |
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nejibens
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January 27, 2016, 03:19:28 PM |
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I think the Bitcoin's currency is indeed money , really not yet used as fiat but it's already money could be used to sell and buy things online and offline
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AtheistAKASaneBrain
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January 27, 2016, 03:25:57 PM |
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It will happen once the current system starts collapsing. There are trillions and trillions of money out there trying to find a new home after the markets crash, and Bitcoin will remain the #1 king of crypto, therefore all the money will go there.
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LuckyYOU
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January 27, 2016, 03:45:39 PM |
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Nah, I don't think its possible people don't trust bitcoin.
Bitcoin has bad name and I don't see people using the bitcoin instead of real money.
Maybe in the future its possible but far from today.
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Nahl
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January 27, 2016, 05:55:23 PM |
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maybe , someday with bitcoin we could buy something . the important thing now hopefully bitcoin currency legalized be recognized throughout the country.
Bitcoin will not replace money. It's just an alternative option of currency made available to us. I don't think it was made to replace anything. i do agree with you bitcoin is bitcoin and money is money and impossible to see bitcoin replace money but we can use bitcoin to make a money |
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Drekavac
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January 27, 2016, 06:48:10 PM |
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No No No!
It is impossible today and even for 10 years.
It is just hardly imaginable painful process for whole world, especially for banks and money masters..
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wayniac30
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January 27, 2016, 06:50:54 PM |
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Short answer: NO. Regular money will ALWAYS be above bitcoins.... and that's the way it should be.
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makingwin1
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January 27, 2016, 07:10:32 PM |
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i think that it could actually happen in the future though it will require the mass adoption to happen and people starting use it way more in their everyday life
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Ryananda (OP)
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January 28, 2016, 04:45:43 AM |
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i think that it could actually happen in the future though it will require the mass adoption to happen and people starting use it way more in their everyday life
Increasing people / companies who adopt bitcoin sure it will happen even if indirectly, all but one of them will adopt. Yes but I do not know clearly how bitcoin progress and any errors and affect the progress of bitcoin future. |
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