coin_gambler
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February 14, 2016, 08:19:57 PM |
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no, it will not happen, in order for this to happen people have to buy more bitcoins
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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kartaggen
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February 14, 2016, 10:50:06 PM |
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no, it will not happen, in order for this to happen people have to buy more bitcoins
yes, paper money will always be used more as compared to bitcoins, as the users of fiat are huge as compared to bitcoins, and bitcoin is not reached to the maturity level yet. |
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lixer
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February 15, 2016, 06:49:11 AM |
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I feel that more companies would adopt bitcoins and issue debit cards for all users without any fee, just like we have our regular bank visa cards. Then, bitcoin will replace the money. This definitely could happen.
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ctlaltdefeat
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February 15, 2016, 08:05:33 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?
since bitcoin come in 2009,bitcoin have been make people relize that sometime there was possibility money replaced by something on diigtal,lets see about 10 years again,i hope its really happen. |
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phreaky
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February 15, 2016, 10:06:16 AM |
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That can never happen. I think that is impossible. Many people dont even know what Bitcoins is. Especially the older people. They are not our generation.
It hard to explain to them to use Bitcoins. Most of them has not even a computer. So I dont think it will work.
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betohell
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February 15, 2016, 10:27:35 AM |
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i think after a few years it will replace the fiat
nope. i think bitcoin will never replace fiat. bitcoin will only be as a payment option, not the payment of principal |
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coinplus
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Merit: 1058
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February 15, 2016, 10:32:48 AM |
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I feel that more companies would adopt bitcoins and issue debit cards for all users without any fee, just like we have our regular bank visa cards. Then, bitcoin will replace the money. This definitely could happen.
You got a point. Currently, Xapo or bit-x kind of debit card providers are charging such a high fee that it becomes expensive to use their debit cards and even most websites/shops are open to US citizens. When these barriers get fade away, we can see bitcoin is replacing money. |
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quentincole32
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February 15, 2016, 11:18:59 AM |
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It can't happen, because many reason such as:
1. Many people still don't really know about bitcoin or use bitcoin
2. Not every people can afford electronic device & internet connection to use bitcoin
3. Some people can't trust bitcoin as currency or prefer currency provided by government
4. Government can use various way to prevent bitcoin usage or adoption in their country such as ban/regulate bitcoin
5. Current bitcoin block size & network can't handle worldwide transaction (yet)
Nothing can monopolize something, but i believe bitcoin can dominate other currency in future.
really? It can't happen, because many reason such as:
1. Many people still don't really know about bitcoin or use bitcoin
Time will tell everything, as time goes by i think people will know what actually bitcoin slowly. 2. Not every people can afford electronic device & internet connection to use bitcoin
not everyone yes but nowadays in 2016 almost 60% of 16-34 years old have a device & internet connection *from various sources at several research site, so it's not a big deal isn't it? 3. Some people can't trust bitcoin as currency or prefer currency provided by government
this is the main problem that i can see everywhere so far, people fear about bitcoin price movement that looks a commodity not as currency, don't know how to solve this  |
▃▃▌▌AMBROSUS▐▐▃▃▃ - TRUSTED QUALITY OF FOOD & MEDICINE ICO date 13 September |
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Rotator
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February 15, 2016, 01:02:04 PM |
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Why people are not satisfied with bitcoin already?
Will be more popular over time, but now you can buy almost everything with bitcoin,you can trade, or keep it in wallet.
In some cases bitcoin is replacement for money but not recognized by government, who cares for government?
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Pattart
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February 15, 2016, 01:29:54 PM |
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no, it will not happen, in order for this to happen people have to buy more bitcoins
not only that, bitcoin takes a lot of users and the adoption of many societies. for it can come true |
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harizen
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February 15, 2016, 01:35:38 PM |
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2. Not every people can afford electronic device & internet connection to use bitcoin
not everyone yes but nowadays in 2016 almost 60% of 16-34 years old have a device & internet connection *from various sources at several research site, so it's not a big deal isn't it? You are looking only in a single tree and not on the whole forest. You think that 60% are enough. It's really hard to explain if someone don't lived in fourth world countries. |
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naidray
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February 15, 2016, 06:12:21 PM |
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I feel that more companies would adopt bitcoins and issue debit cards for all users without any fee, just like we have our regular bank visa cards. Then, bitcoin will replace the money. This definitely could happen.
I too just hope that bitcoins are more useful for our daily needs in the coming years. At that time we can see bitcoin is getting used more than fiats either in direct way or in the mode of debit cards. This way bitcoin could replace money. |
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dothebeats
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Cashback 15%
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February 15, 2016, 06:35:15 PM |
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I feel that more companies would adopt bitcoins and issue debit cards for all users without any fee, just like we have our regular bank visa cards. Then, bitcoin will replace the money. This definitely could happen.
I too just hope that bitcoins are more useful for our daily needs in the coming years. At that time we can see bitcoin is getting used more than fiats either in direct way or in the mode of debit cards. This way bitcoin could replace money. We can only assume, and with the rate of bitcoin adoption in the current times, we can say that it is still a long road ahead of us til we see some widespread adoption and bitcoin being used in a day to day basis. |
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iamthesky
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February 15, 2016, 10:10:15 PM |
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I feel that more companies would adopt bitcoins and issue debit cards for all users without any fee, just like we have our regular bank visa cards. Then, bitcoin will replace the money. This definitely could happen.
I too just hope that bitcoins are more useful for our daily needs in the coming years. At that time we can see bitcoin is getting used more than fiats either in direct way or in the mode of debit cards. This way bitcoin could replace money. We can only assume, and with the rate of bitcoin adoption in the current times, we can say that it is still a long road ahead of us til we see some widespread adoption and bitcoin being used in a day to day basis. Yeah, it will take a long time to happen, as the market cap of bitcoin is not too huge, so mass adoption will take time, but once people start adopting bitcoins as a currency, the scenario would definitely change. |
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Ryananda (OP)
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February 16, 2016, 12:43:46 PM |
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I feel that more companies would adopt bitcoins and issue debit cards for all users without any fee, just like we have our regular bank visa cards. Then, bitcoin will replace the money. This definitely could happen.
I too just hope that bitcoins are more useful for our daily needs in the coming years. At that time we can see bitcoin is getting used more than fiats either in direct way or in the mode of debit cards. This way bitcoin could replace money. We can only assume, and with the rate of bitcoin adoption in the current times, we can say that it is still a long road ahead of us til we see some widespread adoption and bitcoin being used in a day to day basis. Yeah, it will take a long time to happen, as the market cap of bitcoin is not too huge, so mass adoption will take time, but once people start adopting bitcoins as a currency, the scenario would definitely change. Yes to make everybody or most people adopt bitcoin it takes time, but I am not sure bitcoin will replace the money within a period of 10 years because there is still a lot of bitcoin updated. Of course, lots has changed if it happens. |
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Pattart
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February 16, 2016, 01:00:58 PM |
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It can't happen, because many reason such as:
1. Many people still don't really know about bitcoin or use bitcoin
For number 1 i think its take little time to be happen dude. bitcoin still very young, still few people know about bitcoin |
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Rotator
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February 16, 2016, 03:14:30 PM |
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I too just hope that bitcoins are more useful for our daily needs in the coming years. At that time we can see bitcoin is getting used more than fiats either in direct way or in the mode of debit cards. This way bitcoin could replace money.
Yes and it more secure and easier to adopt btc payment system than Paypal. i don't like using of credit cards over internet it is really risky, many people think this way also! |
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wikenpp
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February 16, 2016, 03:28:14 PM |
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That is not going to happen that easily. Many people dont even know what Bitcoins is and what you can do with Bitcoin.
But its hard to explain to older people what Bitcoin is. Some people dont even have a computer at home
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tn211
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February 16, 2016, 04:07:24 PM |
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it could happen but not as quick people are saying it will take years before its even possible.
Plus a downside is that the bitcoin is very hated by much banks that's another pity for the bitcoin.
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harizen
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February 16, 2016, 04:10:47 PM |
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it could happen but not as quick people are saying it will take years before its even possible.
Plus a downside is that the bitcoin is very hated by much banks that's another pity for the bitcoin.
Who said bitcoin are hated by the banks? Can you show some valid proof? And no bitcoin will not definitely replaces the money. Look at all sides and know deeply what will be the effect of it globally. Bitcoin today is better than replacing the current money system. |
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