nielaminda
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March 30, 2016, 01:33:36 PM |
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No it can't...even if bitcoin goes mainstream and been adopted by many countries, the change of replacing money is still very small..It's like dreaming of something unbelievable to happen, that's too ambitious....It's good enough for bitcoin to be recognized as currency..
That is really too ambitious to think that bitcoin can replace the money that we know now,bitcoin is just another currency and will stay that way just like other fiat currency out there. |
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The grue lurks in the darkest places of the earth. Its favorite diet is adventurers, but its insatiable appetite is tempered by its fear of light. No grue has ever been seen by the light of day, and few have survived its fearsome jaws to tell the tale.
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trickyriky
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March 30, 2016, 01:41:45 PM |
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so the common core idiots pushing agenda 21 still are out in force i see, LOL grow brains digital currency will be destroyed before the mass's accept or use it, reliance upon somebody else providing power or internet access = a recipe for disaster
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peta4e
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March 30, 2016, 01:48:41 PM |
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No it can't...even if bitcoin goes mainstream and been adopted by many countries, the change of replacing money is still very small..It's like dreaming of something unbelievable to happen, that's too ambitious....It's good enough for bitcoin to be recognized as currency..
That is really too ambitious to think that bitcoin can replace the money that we know now,bitcoin is just another currency and will stay that way just like other fiat currency out there. That's true and even if bitcoin gets on mainstream we will still need fiat to take care of our spendings, as we will not be able to spend it everywhere we want. |
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harizen
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For support ➡️ help.bc.game
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March 30, 2016, 02:08:13 PM |
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Bitcoin is virtual. Third world countries especially in African part and poor ones will not feel the benefits and advantages if bitcoin will replace the current money system.
Just enjoy what bitcoin is giving us today. Fiat are importants. Bitcoin is not meant to replace the fiat.
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Altcoinsupporter
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March 30, 2016, 02:47:20 PM |
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Bitcoin is money, so it cant replace it but I think it will not replace Dollar soon because there are a lot of people that is still using Dollar so you can replace it now around this time.
But of course there will be a time that it will replace Dollar but you dont know what kind of money because you are not sure if Bitcoin is doing well in the future.
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HarryKPeters
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March 30, 2016, 02:49:55 PM |
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I do not think this is gonna happen if I'm honest because the bitcoin itself is just to small compared with other currency's all over the globe.
Another reason why it would not happen is because too many people are still depending on the normal currency's they cannot step over.
Overall I''m thinking that it will not happen at all, even on a long term in will not happen in my eyes.
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eddyubachs
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March 30, 2016, 03:30:16 PM |
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I do not think this is gonna happen if I'm honest because the bitcoin itself is just to small compared with other currency's all over the globe.
Another reason why it would not happen is because too many people are still depending on the normal currency's they cannot step over.
Overall I''m thinking that it will not happen at all, even on a long term in will not happen in my eyes.
Yeah I think that there will be higher percentage of people who will be more comfortable in using fiat as they are using it since its inception and honestly speaking people resist change. |
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MaritiJames3
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March 30, 2016, 03:36:28 PM |
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No I do not think this could happen if I'm honest because the currency's of now a days are just too big compared with the small bitcoin itself.
Maybe in the future in about 20 years but than its even the question most likely not, its just not realistic.
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Crazygreek
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March 30, 2016, 06:00:29 PM |
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Bitcoin can't replace fiat acutally cause depending on it. Fiat can easily destroy bitcoin at my opinion cause everybody trust to dollar  |
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jkrules
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March 30, 2016, 06:08:31 PM |
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Bitcoin can't replace fiat acutally cause depending on it. Fiat can easily destroy bitcoin at my opinion cause everybody trust to dollar think, nope! bitcoin cannot replace fiat. In some point, we really needs the fiat instead of bitcoins/cryptocurrency. |
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Pab
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March 30, 2016, 06:30:25 PM |
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What else that money bitcoin is It is money If you talk about fiat than answer is no
How you can imagine dollar pound rubel yen yuan all will vanish and switch to bitcoin
the end of world
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Oriannaa
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March 30, 2016, 06:37:57 PM |
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What else that money bitcoin is It is money If you talk about fiat than answer is no
How you can imagine dollar pound rubel yen yuan all will vanish and switch to bitcoin
the end of world
To most peoples eyes, they feel bitcoin is a lottery? lol. I mean I can understand if we were back when mt.gox past events made them think that way.. but yeah. People are really delusional on seeing everyone accepting bitcoin anytime soon if paper money can offer the same value with less hassle. Only cause bitcoin doesnt have a physical form. |
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Cereberus
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March 30, 2016, 06:48:36 PM |
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I can not see bitcoin replacing money at this time. With all the turmoil with the current fiat system, people don't tend to make hasty decisions when it comes to moving their money when there is doubt in the air. Atleast I wouldn't. To make a rash logical decision you need a stable system, which bitcoin is not at this current time and I think it never will until the fiat system is turned on it's head and completely anulled. That is my two cents. Take it as you may |
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btvGainer
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March 30, 2016, 10:00:29 PM |
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Bitcoin is also a money albeit online money.I dont think everyone will abondon other currencies and adopt bitcoin.The fact is that Bitcoin and fiat can go well together.Both can co-exist
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nostal02
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March 31, 2016, 06:07:24 AM |
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Bitcoin is also a money albeit online money.I dont think everyone will abondon other currencies and adopt bitcoin.The fact is that Bitcoin and fiat can go well together.Both can co-exist
People will still use both currency in the future and bitcoin cant really replace fiat because countries wont allow that. |
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Zuminest
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March 31, 2016, 06:16:30 AM |
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due to decentralized nature of digital currencies, there is no significant upfront cost for a government to switch to digital currencies.. physical money needs constant printing and monitoring.. but bitcoin is financially and environmentally friendly.. even though it has more advantages, replacing money by bitcoin is a doubted one....
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Ardenyham
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Don't Hesitate to Tip me for My Helps and Guides.
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March 31, 2016, 10:47:57 AM |
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The practicality of that idea would require a big innovation in bitcoin wallet technology and a big mainstream adoption for real shops to get a motivation into using bitcoin as a checkout method, I think it's possible but would need allot of time.
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Amph
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March 31, 2016, 11:33:15 AM |
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due to decentralized nature of digital currencies, there is no significant upfront cost for a government to switch to digital currencies.. physical money needs constant printing and monitoring.. but bitcoin is financially and environmentally friendly.. even though it has more advantages, replacing money by bitcoin is a doubted one....
you need miners anyway to sustain the network, so it does not come without cost, and to secure a new currency you need a massive hash, so don't compare it to the past history of bitcoin |
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peta4e
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March 31, 2016, 11:44:21 AM |
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The practicality of that idea would require a big innovation in bitcoin wallet technology and a big mainstream adoption for real shops to get a motivation into using bitcoin as a checkout method, I think it's possible but would need allot of time.
Bitcoin will be used more in future but we won't see any decline in usage of paper money as fiat will always be used more by the people across the globe. |
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adibe
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March 31, 2016, 02:29:56 PM |
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Bitcoin is also a money albeit online money.I dont think everyone will abondon other currencies and adopt bitcoin.The fact is that Bitcoin and fiat can go well together.Both can co-exist
Yeah i agree with you, bitcoins and fiat can go well together, so why we need bitcoins to replaces the money ? Both are good and i think bitcoin can't replaces the money. |
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