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Author Topic: Bitcoin replaces the money? Could happen?  (Read 85988 times)
goinmerry
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October 20, 2016, 08:54:24 AM
 #1401

If there will be a possibility then I wont vote for that. It will bring chaos to the financial industry for a long time like a war is happening. High profile people who are owning a lot of money will get mad with this decisions.
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October 20, 2016, 11:39:54 AM
 #1402

iam only say never
bitcoin never take over in position fiat money
bitcoin only digital curency and use to online, and money is real curency can use real life
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October 20, 2016, 12:36:19 PM
 #1403

iam only say never
bitcoin never take over in position fiat money
bitcoin only digital curency and use to online, and money is real curency can use real life


Well we wouldn't know for sure in the future. Even now more and more transactions are being done online and who knows, perhaps it may be able to do so but i think thats noy gonna happen in a decade or two. People are still that much relying in fiat so it's going to be impossible in the next 10 or 15 years. But it may seriously challenge the fiat but i don't we' d be alive to see it

 
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October 20, 2016, 11:38:31 PM
 #1404

honestly think this is not gonna happen, the normal currency's are just too big to take over in my opinion.
Maybe if the normal currency's will get smaller its possible but I do not see this happen at all.
of course likely to be very small view fiat owned and used by all states and may not be a small currency will replace fiat and against the government?
I think certainly bitcoin will always lose, but I think it's not a problem for me to accept bitcoin as the only option
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October 21, 2016, 12:18:23 AM
 #1405

No I do not think that this is gonna happen but of course you cannot say that it will never happen, it stays the future..
Other currency's are right now still way too big so.
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October 21, 2016, 12:47:53 AM
 #1406

No I do not think that this is gonna happen but of course you cannot say that it will never happen, it stays the future..
Other currency's are right now still way too big so.
I guess that's true, even though bitcoin have the opportunity to replace the money, but I guess that will not happen. maybe if bitcoin increase rapidly, then so does the money. maybe when bitcoin has a highly sophisticated technology, I think the money will get the technology first
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October 21, 2016, 02:01:42 AM
 #1407

Yes, this couls happen. Nowadays, more and more people are getting use to using bitcoin. They use bitcoin in many purposes such as buying goods, receiving money, trading, etc. This makes many shops and stores in the world to accept bitcoin for payment and exchanging. Well, as long as bitcoin keep developing, there will be no money anymore
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October 21, 2016, 03:10:33 AM
 #1408

No I do not think this will happen but of course never say never because you never know it of course.
I think that its gonna be hard the other currency's are already so long in the game.

I also do not have the feeling it can do this, the other currency's are indeed longer in the game but are also way too big.
Banks will also not let this happen in my eyes so that is another reason why its most likely not gonna happen.
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October 21, 2016, 04:50:28 AM
 #1409

No I do not think this will happen but of course never say never because you never know it of course.
I think that its gonna be hard the other currency's are already so long in the game.

I also do not have the feeling it can do this, the other currency's are indeed longer in the game but are also way too big.
Banks will also not let this happen in my eyes so that is another reason why its most likely not gonna happen.
That's the problem with us here because since we have witness that bitcoin is getting more successful we are too unrealistic to think that it will grow big in the future and can replace our money system, that would never happen, it is not banks that will not allow it but the government itsefl.

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October 21, 2016, 09:33:36 AM
 #1410

This is a hard question to answer. I suppose Bitcoin can replace money but only for some time. Why? I think Husserl put it very well in his 'Crisis'. He explains there a problem with sciences. After Galileo has shown that it is possible to mathematize natural sciences, and positivists afterwards were establishing criteria of scientific knowledge, saying that Math is the basement of everything (Husserl doesn't recall positivists, though), science started developing really fast. Everything seemed to be fine till The world war 1, after which people stopped believing in science, because of it being to abstract and not being able to explain everyday life and help people deal with their problems. Bitcoin is something like mathematized science. It willwork till something like a war appears in our life and that is when people realize that Bitcoin is pure nothing, to abstract and out of this world, whereas even real money is not that bad, because you can at least touch, feel and smell it.

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October 21, 2016, 09:49:11 AM
 #1411

This is a hard question to answer. I suppose Bitcoin can replace money but only for some time. Why? I think Husserl put it very well in his 'Crisis'. He explains there a problem with sciences. After Galileo has shown that it is possible to mathematize natural sciences, and positivists afterwards were establishing criteria of scientific knowledge, saying that Math is the basement of everything (Husserl doesn't recall positivists, though), science started developing really fast. Everything seemed to be fine till The world war 1, after which people stopped believing in science, because of it being to abstract and not being able to explain everyday life and help people deal with their problems. Bitcoin is something like mathematized science. It willwork till something like a war appears in our life and that is when people realize that Bitcoin is pure nothing, to abstract and out of this world, whereas even real money is not that bad, because you can at least touch, feel and smell it.
Bro your answer has gone too far that your djd not answer the question. Its simple  there is little science related to it as currency has timely evolve into something convenient from trading goods to payment of fiat currency. But I can't see our world develop into a more advance than Fiat as accepting virtual currency has its flaws and one of the biggest flaws is the development of crime.
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October 21, 2016, 10:02:53 AM
 #1412

No I do not think this will happen but of course never say never because you never know it of course.
I think that its gonna be hard the other currency's are already so long in the game.

I also do not have the feeling it can do this, the other currency's are indeed longer in the game but are also way too big.
Banks will also not let this happen in my eyes so that is another reason why its most likely not gonna happen.
That's the problem with us here because since we have witness that bitcoin is getting more successful we are too unrealistic to think that it will grow big in the future and can replace our money system, that would never happen, it is not banks that will not allow it but the government itsefl.
Well that's how it works though. People right now are much reliant on the fiat that anything that challenges it gets a pessimistic response. I also don't think bitcoin can replace paper money. Not in the near future.

 
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October 21, 2016, 10:57:05 AM
 #1413

For now bitcoin replacing money is impossible. It is also impossible in the near future since banks and governments will take actions to stop bitcoin for replacing fiat. In the far future, it might be possible that bitcoin replaces fiat if and only the government officials or leaders at that time supports bitcoin and will allow it to be used as a currency. There's a low probability of it happening but at least there's a little chance that it might happen.  Roll Eyes
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October 21, 2016, 11:03:53 AM
 #1414

No I do not think this will happen but of course never say never because you never know it of course.
I think that its gonna be hard the other currency's are already so long in the game.

I also do not have the feeling it can do this, the other currency's are indeed longer in the game but are also way too big.
Banks will also not let this happen in my eyes so that is another reason why its most likely not gonna happen.
Another reason is there are many fiat available. Like every country has its own currency but there is only one single bitcoin

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October 21, 2016, 02:27:00 PM
 #1415

Bitcoin willnot replace the money.Paper currency is accepted worldwide and Bitcoin is accepted by very few traders.Bitcoin price faces high fluctuation whereas paper currency doesnot.Paper currency is supported by governments.But Bitcoin will be a secondary payment option.
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October 21, 2016, 03:22:49 PM
 #1416

Bitcoin willnot replace the money.Paper currency is accepted worldwide and Bitcoin is accepted by very few traders.Bitcoin price faces high fluctuation whereas paper currency doesnot.Paper currency is supported by governments.But Bitcoin will be a secondary payment option.

I also do not think this is gonna happen but it would be nice if this happened of course, because of the fact that you can than make some nice amounts without any doubts.
The bitcoin will get bigger but other currency's will still have more power due to the banks.
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October 21, 2016, 03:54:38 PM
 #1417

Bitcoin willnot replace the money.Paper currency is accepted worldwide and Bitcoin is accepted by very few traders.Bitcoin price faces high fluctuation whereas paper currency doesnot.Paper currency is supported by governments.But Bitcoin will be a secondary payment option.

I also do not think this is gonna happen but it would be nice if this happened of course, because of the fact that you can than make some nice amounts without any doubts.
The bitcoin will get bigger but other currency's will still have more power due to the banks.

It is nice but right. It will be a selfish thing to do. All of us here who knows bitcoin already wont have a problem. Then how about those who dont? How about those homeless who are just relying on cash. How can they afford to learn from it where they need internet and a computer or smartphone. You cant just post an ad which tells everything about bitcoin. That will be expensive.

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..PLAY NOW..
agustina2
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October 21, 2016, 03:58:15 PM
 #1418

For now bitcoin replacing money is impossible. It is also impossible in the near future since banks and governments will take actions to stop bitcoin for replacing fiat. In the far future, it might be possible that bitcoin replaces fiat if and only the government officials or leaders at that time supports bitcoin and will allow it to be used as a currency. There's a low probability of it happening but at least there's a little chance that it might happen.  Roll Eyes

And I think that FOR NOW will be bound for forever. Frankly speaking, digital transactions is always benefiting those who has access in digital world. How about those people who can't touch even google.com.

Well the odds is really low for that to happen.
gerXhonza
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October 21, 2016, 04:07:52 PM
 #1419

For now bitcoin replacing money is impossible. It is also impossible in the near future since banks and governments will take actions to stop bitcoin for replacing fiat. In the far future, it might be possible that bitcoin replaces fiat if and only the government officials or leaders at that time supports bitcoin and will allow it to be used as a currency. There's a low probability of it happening but at least there's a little chance that it might happen.  Roll Eyes

And I think that FOR NOW will be bound for forever. Frankly speaking, digital transactions is always benefiting those who has access in digital world. How about those people who can't touch even google.com.

Well the odds is really low for that to happen.

Exactly and people who don't have access to internet will never be able to use bitcoin and for them paper money is the one and only thing to spend their money so I think paper money will always survive.
agustina2
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October 21, 2016, 05:09:40 PM
 #1420

For now bitcoin replacing money is impossible. It is also impossible in the near future since banks and governments will take actions to stop bitcoin for replacing fiat. In the far future, it might be possible that bitcoin replaces fiat if and only the government officials or leaders at that time supports bitcoin and will allow it to be used as a currency. There's a low probability of it happening but at least there's a little chance that it might happen.  Roll Eyes

And I think that FOR NOW will be bound for forever. Frankly speaking, digital transactions is always benefiting those who has access in digital world. How about those people who can't touch even google.com.

Well the odds is really low for that to happen.

Exactly and people who don't have access to internet will never be able to use bitcoin and for them paper money is the one and only thing to spend their money so I think paper money will always survive.

Bitcoin can only dominate internet transactions so without internet bitcoin is nothing.

There are many physical stores today and physical cash is more convenient when dealing with those. But again bitcoin is good as an alternative payment if ever people doesn't have cash.
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