Bitcoin replaces the money? Could happen?

[serjent05]

i think it cannot happen, because bitcoins is a digital amount, while money was a daily currency needs in exchange of items, also used for payment example payment for transportation and some people had no bitcoins, in additional we need a deep learnings how to improve bitcoins to achieve it. goodluck to us.,

Even if bitcoin would improve and be famous, money will still be money, it is much more convenient to use money in real life.. Bitcoin is good in online use, but I don't think that it could beat money in real life use. So, I think, NO, it can't change money but could possibly be a substitute in online transaction instead of linking your cards..

exactly right, not one currency can replace fiat money even 1000 year more than now, we still use fiat money because fiat is under control by government.

That is true that no cryptocurrency can replaced money its because bitcoin is not a legal currency it is digital currency which we can not hold physically that money and we can not spend it for our daily needs while money are always available to spend if you have and all store accepting fiat than bitcoin as their form of payment.

Bitcoin is a legal currency globally. It is the countries choice if he want to restrict bitcoin or not. After all, usage of bitcoin is more convenient in first world countries since technology is widely use in their place. This is not yet advisable in third world countries.

Quite not I think, Bitcoin is still illegal in other country if im not mistaken, so you can't just say accepted globally.  And I don't think Bitcoin will ever replace money.  Maybe other stufff but not bitcoin because of several grounds like unfair early adopter's advanvantage.  government don't like to let a few  unknown people to have majority of their currency.

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[crairezx20]

i think it cannot happen, because bitcoins is a digital amount, while money was a daily currency needs in exchange of items, also used for payment example payment for transportation and some people had no bitcoins, in additional we need a deep learnings how to improve bitcoins to achieve it. goodluck to us.,

Even if bitcoin would improve and be famous, money will still be money, it is much more convenient to use money in real life.. Bitcoin is good in online use, but I don't think that it could beat money in real life use. So, I think, NO, it can't change money but could possibly be a substitute in online transaction instead of linking your cards..

exactly right, not one currency can replace fiat money even 1000 year more than now, we still use fiat money because fiat is under control by government.

That is true that no cryptocurrency can replaced money its because bitcoin is not a legal currency it is digital currency which we can not hold physically that money and we can not spend it for our daily needs while money are always available to spend if you have and all store accepting fiat than bitcoin as their form of payment.

Bitcoin is a legal currency globally. It is the countries choice if he want to restrict bitcoin or not. After all, usage of bitcoin is more convenient in first world countries since technology is widely use in their place. This is not yet advisable in third world countries.

Quite not I think, Bitcoin is still illegal in other country if im not mistaken, so you can't just say accepted globally.  And I don't think Bitcoin will ever replace money.  Maybe other stufff but not bitcoin because of several grounds like unfair early adopter's advanvantage.  government don't like to let a few  unknown people to have majority of their currency.

I think bitcoin is not illegal but its not legal.. its misunderstanding about the legal and illegal in our countries..
Some peopel are still not know about bitcoin and its very impossilbe that bitocoin can be replace the money.. we already traditional we use our fiat money so its very impossible and many banks are already use it..

[PokerFace3]

i think it cannot happen, because bitcoins is a digital amount, while money was a daily currency needs in exchange of items, also used for payment example payment for transportation and some people had no bitcoins, in additional we need a deep learnings how to improve bitcoins to achieve it. goodluck to us.,

Yaa you are exactly right that bitcoins can not replace the money. Bitcoins may be able to use for small payments as well but most of the countries wont be able to allow bitcoins and regulate it. And also all the countries in the world be will able to use bitcoins as it is not well developed.

[amine14madrid]

But to exchange Bitcoin to fiat money at exchanges or ATM's you need to pay fees. Also I have compared Bitcoin debit cards to regular bank debit cards and if you regularly use your Bitcoin debit card to pay for things every day like groceries, gas, coffee etc. you will pay much more in fees than your bank debit card. And it's not true that bank cards have hidden fees you can see the fee structure because it's transparent for evry bank.

[shane]

But to exchange from Bitcoin to fiat money at exchanges or ATM's you need to pay fees. Also I have compared Bitcoin debit cards to regular bank debit cards and if you regularly use your Bitcoin debit card to pay for things every day like groceries, gas, coffee etc. you will pay much more in fees than your bank debit card. And it's not true that bank cards have hidden fees you can see the fee structure because it's transparent for evry bank.

in future if w can use bitcoin directly payment we didnt need any debitcard anymore, we can use NFC technology, or we can use bitcoin directly just by scan the Qr code address for pay it.

[X7]

It's certainly a possibility, a lot would have to evolve to get to that place and it will take considerable time/resources. But it is a possibility, only time will tell.

[Vhern]

No I do not believe that the Bitcoin is ever going to replace money because there are to many currencies for that to happen maybe Bitcoin will take over one currency from a certain country.
Even that is hard to believe that it will happen, Bitcoin has to just stay a crypto currency.

Right, bitcoin never and ever need to convert into the fiat currency, because if bitcoin has a plan to convert into money in future, so why bitcoin is coming?
I am 100% sure the day will never come when bitcoin will do it. 
 

yeah, bitcoin is not for to convert in fiat, but it is a currency and came here to be used for online transactions etc, and nowadays some people are readily converting their bitcoins to fiat because they do not find any place where they can spend them , I think in the future they will get full facilities for that.

No doubt about that if all industry accept BTC as a means of payment we will see some changes how BTC is utilize every single month or year.

[chaosknight]

But to exchange from Bitcoin to fiat money at exchanges or ATM's you need to pay fees. Also I have compared Bitcoin debit cards to regular bank debit cards and if you regularly use your Bitcoin debit card to pay for things every day like groceries, gas, coffee etc. you will pay much more in fees than your bank debit card. And it's not true that bank cards have hidden fees you can see the fee structure because it's transparent for evry bank.

in future if w can use bitcoin directly payment we didnt need any debitcard anymore, we can use NFC technology, or we can use bitcoin directly just by scan the Qr code address for pay it.

That is surely possible but I don't think every country will implement it as there will be many countries where still fiat currency will  be in demand due to lack of technology.

[STT]

Even if bitcoin would improve and be famous, money will still be money, it is much more convenient to use money in real life.. Bitcoin is good in online use, but I don't think that it could beat money in real life use. So, I think, NO, it can't change money but could possibly be a substitute in online transaction instead of linking your cards..

exactly right, not one currency can replace fiat money even 1000 year more than now, we still use fiat money because fiat is under control by government.

Fiat money has fallen down many times in failed countries, failed government or just failed economic policies most famously Zimbabwe.    So I wouldnt say never, essentially fiat is a weakness foisted on the public by their governments for convenience of taxation is basically why.

It could happen worldwide that all fiat currency becomes distrusted.  If we can have reserve currency we can have the opposite where people have a great preference for gold or some solid standard and bitcoin could be that.   I just think its unlikely we find bitcoin is the global standard, it would have to be a people power thing .
  The reason why gold was a standard world wide at one point was for the confidence it brought in trade.  Between them governments did not trust each other and demanded gold for international trade, in ancient times Roman soldiers demanded gold in threat of revolt but the people themselves were given fiat.   As recently as the 1970's the French refused to take dollars and demanded payment in gold citing currency fears, even now France has some of the largest reserves for its size afaik (but also much debt now)
Now governments are willing to swap dollars between themselves and with alot of politics each government passes down the inflation resulting to their people.  Sometimes this leads to failure such as in Egypt where the people saw their bread rise rapidly in price, its not impossible the current dollar standard could break worldwide

[opossum]

But to exchange from Bitcoin to fiat money at exchanges or ATM's you need to pay fees. Also I have compared Bitcoin debit cards to regular bank debit cards and if you regularly use your Bitcoin debit card to pay for things every day like groceries, gas, coffee etc. you will pay much more in fees than your bank debit card. And it's not true that bank cards have hidden fees you can see the fee structure because it's transparent for evry bank.

in future if w can use bitcoin directly payment we didnt need any debitcard anymore, we can use NFC technology, or we can use bitcoin directly just by scan the Qr code address for pay it.

That is surely possible but I don't think every country will implement it as there will be many countries where still fiat currency will  be in demand due to lack of technology.

Yeah there are many countries who still don't have access to internet and even if they have there are  many people who don't know how to use it, so we cannot expect from them to use bitcoin unless they are taught in proper way.

[STT]

Most places have access to mobile phones, do they need much more then this to transact in small amounts.  I thought bitcoin worked off a usb key in a passive way though obviously not actively with a confirmation off the blockchain thats why I say small amounts.    Bitcoin can go almost anywhere its useful but I suppose remote tribes will just trade cans of petrol or diesel and find that far more useful and reliable currency in that sense.

Anything can replace money

[newcoins1978]

I do not think that bitcoin is ever going to take over money and will be the number one currency that is not possible.
Bitcoin does not even exist that long and many countries would be against it so that is why it would not happen.

[greBit]

I do not think that bitcoin is ever going to take over money and will be the number one currency that is not possible.
Bitcoin does not even exist that long and many countries would be against it so that is why it would not happen.

Yeah bitcoin will be more powerful and popular in future but that doesn't mean that it can take place of fiat money in future as government will never allow to happen it.

[MTBTT]

It's certainly a possibility, a lot would have to evolve to get to that place and it will take considerable time/resources. But it is a possibility, only time will tell.

nope I think despite the tens of years though. bitcoin would not be able to win against fiat, I do not think that bitcoin will be the main eye. but as an option for currency

[torrentheaven]

It's certainly a possibility, a lot would have to evolve to get to that place and it will take considerable time/resources. But it is a possibility, only time will tell.

nope I think despite the tens of years though. bitcoin would not be able to win against fiat, I do not think that bitcoin will be the main eye. but as an option for currency

Yes bitcoin will always be used as an secondary currency and not an primary one as people will prefer to use bitcoin only for online transactions and for spending physically they will choose fiat.

[crairezx20]

It's certainly a possibility, a lot would have to evolve to get to that place and it will take considerable time/resources. But it is a possibility, only time will tell.

nope I think despite the tens of years though. bitcoin would not be able to win against fiat, I do not think that bitcoin will be the main eye. but as an option for currency

Yes bitcoin will always be used as an secondary currency and not an primary one as people will prefer to use bitcoin only for online transactions and for spending physically they will choose fiat.

Yeah bitcoin is still the best alternative or secondary to send your money to other country or to use in online stores..
Right now i am lucky that im aware with bitcoin and know about it and now i use bitcoin as payment for captcha service in Senuke and GSA ranker as bitcoin payment.. some of there offer are accepting bitcoin as payment.. and i im happy that i can use it right now .. for ranking my pages..

[agustina2]

It's certainly a possibility, a lot would have to evolve to get to that place and it will take considerable time/resources. But it is a possibility, only time will tell.

nope I think despite the tens of years though. bitcoin would not be able to win against fiat, I do not think that bitcoin will be the main eye. but as an option for currency

Yes bitcoin will always be used as an secondary currency and not an primary one as people will prefer to use bitcoin only for online transactions and for spending physically they will choose fiat.

Agree as fiat money and bitcoin has different characteristics. Bitcoin was made truly for online transactions and no doubt it was the best method when dealing on any online transactions. Fiat on the other hand is truly the best method when dealing with physical transactions.

It's a major problem if bitcoin is the only way to deal with any financial transaction.

[takingthis4]

It's certainly a possibility, a lot would have to evolve to get to that place and it will take considerable time/resources. But it is a possibility, only time will tell.

nope I think despite the tens of years though. bitcoin would not be able to win against fiat, I do not think that bitcoin will be the main eye. but as an option for currency

Yes bitcoin will always be used as an secondary currency and not an primary one as people will prefer to use bitcoin only for online transactions and for spending physically they will choose fiat.

though i think if usd is going to fail in the future then bitcoin will have a good chance to replace the bitcoin easily, in my opinion we will make money out of it

[stromma44]

I don' think that will ever happen in future as fiat is too huge and powerful at a moment in compare to bitcoin.

And it also holds huge market cap and maximum number of satisfied customers who will prefer to use it in future too.

[Forbiddenone]

No that's not going to happen ever.despite btc popularity in digital world ,it has not yet affected country gdp and also ppl taking btc in wrong manner and trading illegal things with the help of it.