Bitcoin replaces the money? Could happen?

[Mr.grin]

Money or fiat cannot be replace any coin or bitcoin is just a digital currency forever and we are just using it as our money online..

I don't think bitcoin is able to completely replace fiat. I do believe however that bitcoin can be used as an alternative payment method.

you're right, I do not believe it. bitcoin is currently only used as one of the digital currency on the internet, and in any case will only be part of the internet, I think he will not be able to replace the money in the real world

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[KennyR]

Bitcoin will never replace the money. This will not happen because there are entire business and transaction that still depends on money. They still want a money transaction and there are some things that you cannot pay without a money..

Totally agree with you. Also bitcoin depends on fiat. And one fun thing if bitcoin will replace money, bitcoin will become money? haha 

Exactly said. Bitcoin too depends on fiat. At present the shops accepting bitcoin is very less. So now its not easy to buy daily needs with bitcoin. So in future bitcoin will be used as a real currency but will not replace local currencies in use.

[randy8777]

Money or fiat cannot be replace any coin or bitcoin is just a digital currency forever and we are just using it as our money online..

I don't think bitcoin is able to completely replace fiat. I do believe however that bitcoin can be used as an alternative payment method.

you're right, I do not believe it. bitcoin is currently only used as one of the digital currency on the internet, and in any case will only be part of the internet, I think he will not be able to replace the money in the real world

bitcoin as it is right now is the perfect internet currency. when it comes to not-online transactions we can't ignore the supremacy of fiat currencies. that's where bitcoin still has a lot catching up to do in the coming years. it means that there is plenty of room for growth throughout the years. i really can't wait till the day that i can spend my coins in any stores here in my local place.

[makingwin1]

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?

it won't happen soon, but it will happen for sure, it may take little bit of time, like 25 years but it should replace money, since less fees and lots of people use bitcoin more than normal money now, so i think there will be even more people like this in future

[ebookscreator]

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?

it won't happen soon, but it will happen for sure, it may take little bit of time, like 25 years but it should replace money, since less fees and lots of people use bitcoin more than normal money now, so i think there will be even more people like this in future

Well for me i think it will happen if government accept bitcoin as our main money or all over the world its so easy to send it for long distance and far places so easily.. but is just a dream and i think it will never happen..

[upsidedown75]

I dont think it will replace fiat.
Theres simply not enough BTC for every one.
It has a weak point wich is electricity. No power no BTC.
It will become (is)a form of electronic gold for investments etc...

Agreed. There isn't enough bitcoin for everyone, unless they make more, it can't support the whole world.
Electricity is also a disadvantage that won't make bitcoin the supreme currency.

Yes all everything will done within a few years but energy is a major crises from years and will take some hard struggle for that to supply to all over the world. I think it will be impossible for bitcoin to get access to all over the world.

It will replace only when all the countries are made developed and get access to energy etc easily without any shortage. If the world become a global village then will it be not impossible.

[n691309]

Bitcoin at this stage can never replace the money, but maybe in the future when bitcoin will evaluate and some things are fixed and when few government implement bitcoin as their primary coin then this could be the start of replacing the money but not completely.

[bitcoin-hunter]

It wont happen, because many people need their normal money and that is very important. I hope there will be more people that use Bitcoin.
But you cant replace it, Everyone need it, maybe it is possible around 30 years or something, but that is really hard to let that happen.

[romero121]

It wont happen, because many people need their normal money and that is very important. I hope there will be more people that use Bitcoin.
But you cant replace it, Everyone need it, maybe it is possible around 30 years or something, but that is really hard to let that happen.

No even after generations bitcoin won't replace the money. Growth in bitcoin price won't make any difference in the growth of money. Replacement of money is not realistic.

[rektDude]

I don't think it would happen, simply because most countries just wouldn't allow it.
They would rather stick to there own currency and money. It would be to much work to handle if bitcoin would replace money.   

[matete]

My view is that bitcoin will never replace fiat money as a mainstream payment processor. The only thing that will happen is that it will gain global acceptance as a form of payment alongside fiat. The dollar is still very strong and government's will do everything possible to maintain it.

[DeDordtenaar]

Money or fiat cannot be replace any coin or bitcoin is just a digital currency forever and we are just using it as our money online..

I don't think bitcoin is able to completely replace fiat. I do believe however that bitcoin can be used as an alternative payment method.

agree bitcoin only for payment options. not a substitute for currency or principal payment. people will prefer fiat. which has been proven to be safe and easy to use

[Antesth]

Of course that will not happen. You must realize how much people need their normal money. There are a lot of people that dont even know Bitcoin.
And that is the problem, first you must know it and make it more popular and than later you can talk about replacing.

[simonloff]

I think that could happen over long term and maybe at sometime people could use bitcoin in place of money but currently, Although bitcoin adoption is improving overall it still would need more to replace money seriously.

[sachung]

I think it can happen, If bitcoin keeps growing stably and steadily then it can at sometime get enough mainstream adoption to replace money, I don't think this is moving forward this rapidly though.

[Hirose UK]

I think Bitcoin is already money, but if you mean if Bitcoin will replace fiat that's not impossible but need timing and more support for this crypto currency

I think bitcoin will not replace fiat in all over the world. you know, it can replace fiat in advanved countries, but not in villages that far from city. what I mean is bitcoin will never replace fiat.

[Crazygreek]

I think it can happen, If bitcoin keeps growing stably and steadily then it can at sometime get enough mainstream adoption to replace money, I don't think this is moving forward this rapidly though.

Bitcoin will replace money and become money againe and bitcoins will be as real coins and greenbacks. Nothing will change thats my prediction 

[techgeek]

I think Bitcoin is already money, but if you mean if Bitcoin will replace fiat that's not impossible but need timing and more support for this crypto currency

I think bitcoin will not replace fiat in all over the world. you know, it can replace fiat in advanved countries, but not in villages that far from city. what I mean is bitcoin will never replace fiat.

Fiat is here to stay.

Or else the price value for bitcoin would be dropped because people are unable to trade back to what they think its worth.

People only buy bitcoin because they can see its value for back their countries dollars or other countries.

[btvGainer]

I think Bitcoin is already money, but if you mean if Bitcoin will replace fiat that's not impossible but need timing and more support for this crypto currency

I think bitcoin will not replace fiat in all over the world. you know, it can replace fiat in advanved countries, but not in villages that far from city. what I mean is bitcoin will never replace fiat.

Bitcoin may replace the online transaction of fiat but in offline transactions,fiat will continue to dominate.Fiat is backed by the economy of entire nation to which it belongs to it is not possible for bitcoin to replace it

[martinacar]

It could happen but it will be a long journey for the bitcoin because the fact is that it would take years for sure.
Its also the point if the bitcoin will survive all these years maybe it will not even exists anymore.