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Author Topic: Bitcoin replaces the money? Could happen?  (Read 86044 times)
Bestwishes745
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February 04, 2016, 07:23:17 PM
 #221

I really do not think it can happen. Many people do not even know Bitcoin and do not even know how it works.
Especially the older generation do not know it.

So I do not think that could happen.

maybe in the near future or with 10 years all the world come to know about it, but still it will not replace the fiats , as the fiats are the national signs of each country. They do not want to lose their national property. Every country respect their currency and promote it.
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February 04, 2016, 08:04:19 PM
 #222

It may indeed happen. But I do not think it can happen. Indeed, it is a very high conversion in order to do so.
And many people do not even know what Bitcoin is it going to be difficult.

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February 04, 2016, 08:18:41 PM
 #223

It's possible but since physical money has been with us for ages it will probably take another generation to understand we don't need it. Physical mail has also been used for ages and it's slowly disappearing. Not many people write letters these days Wink
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February 04, 2016, 08:44:14 PM
 #224

It could happen but it would take some time till it is so far.

I think its possible when the bitcoin is a bit bigger.

The bitcoin is the future of the currency's
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February 04, 2016, 10:26:57 PM
 #225

It could happen but it would take some time till it is so far.

I think its possible when the bitcoin is a bit bigger.

The bitcoin is the future of the currency's

noooo the future of the current is direct Wink as for currency, yeah were not going to need it much longer, pretty soon the mass's will learn that 3% of the global populous provide all our needs, soon as that happens we will finally all be free... the earth provides everything we need and does not charge us, why should we charge then when only 3% of us actually do  the work lol
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February 04, 2016, 10:31:55 PM
 #226

again, it does not need to replace fiat money to be successful, why people always see all black or white

it can perfectly work in conjuction with it and be vastly adopted
Yes money and btc can coexist..
Also there is much room for all alts , and those tokens on blockchain in future..
Personally i think bitcoin could be much more stronger if he become brother of dollar!

We live in monetary world where war can happen if one country won't sell oil for dollars but instead selling it for euros .. Don't be fooled.

You can rent this space
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February 04, 2016, 11:07:19 PM
 #227

This can happen but I definitely think it will take some time.
The bitcoin is a great concept, but many people aren't familiar with it and don't believe it can do good.

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February 04, 2016, 11:29:59 PM
 #228

again, it does not need to replace fiat money to be successful, why people always see all black or white

it can perfectly work in conjuction with it and be vastly adopted
Yes money and btc can coexist..
Also there is much room for all alts , and those tokens on blockchain in future..
Personally i think bitcoin could be much more stronger if he become brother of dollar!

We live in monetary world where war can happen if one country won't sell oil for dollars but instead selling it for euros .. Don't be fooled.
Plus, fiat currency is here to stay. Even if some collapse and go into hyperinflation, people will continue to use it and the government will continue to abuse it.
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February 05, 2016, 02:48:59 AM
 #229

I really do not think it can happen. Many people do not even know Bitcoin and do not even know how it works.
Especially the older generation do not know it.

So I do not think that could happen.
therefore take a long time, so oldman will die. and gave birth to a new generation, the generation of the digital era. they understand the technology, and I believe they chose bitcoin for their currency
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February 05, 2016, 03:21:02 AM
 #230

It might happen one day, e-mail replaced the fax/traditional postal mailing system, it is still used but not for communicating but parcels, Wired phone lines were replaced with wireless mobile phones and same way Digital currency will replace Fiat some day.

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February 05, 2016, 06:12:31 AM
 #231

Its not about replacing money its just we are evolving and becoming secure and safe day by day this is the future everyone keep saying on the ancient period . At first their was money then came the creadit card fecility then this bitcoin and after that maybe we dont have to carry any money
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February 05, 2016, 07:24:21 AM
 #232

It might happen one day, e-mail replaced the fax/traditional postal mailing system, it is still used but not for communicating but parcels, Wired phone lines were replaced with wireless mobile phones and same way Digital currency will replace Fiat some day.

As you said it has got the value to replace the fiat money. There won't be much replace of local standard currencies that were already in use. On addition bitcoin also will be used over every countries, no need of exchanges as it is now

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February 05, 2016, 09:44:08 AM
 #233

I think that can not happen. Many people do not even know what Bitcoins and do not know how it is used.
So I think it can not happen.
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February 05, 2016, 10:46:27 AM
 #234

It could happen but it would take some time till it is so far.

I think its possible when the bitcoin is a bit bigger.

The bitcoin is the future of the currency's

Say goodbye to your skyrocket dream if bitcoin will replace the money system, removing fiat completely.

If bitcoin will replace money, it will includes USD. USD is not virtual like BTC. Where in the hell will get the value of BTC if no fiat currency involved.

1:1 will be the ratio.

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adicted
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February 05, 2016, 12:26:39 PM
 #235

Despite of the great future ahead I can see with bitcoin, I still doubt it will replace money (or maybe you mean fiat). If ever bitcoin will replace dollar money , I guess it will start to be centralized , which bitcoiners won't let happen Cheesy But as the saying says, "anything is possible", who knows
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February 05, 2016, 12:42:34 PM
 #236

It could happen but it would take a lot of time for the bitcoin to do that.
I think it will take 10 years and that's still even fast for a change of the currency's.

it doesn't matter how many years go by. currencies as the us dollar and the euro will never get replaced by bitcoin. what i think might happen, is that a very small not important island might be using bitcoin as second main currency. i think there was already an island where something similar happened. i can't seem to find that news article anymore.

It may require some centuries to replace the real currency , as now the ATM card has also started for normal use, and it will take over the world may be in the next 10 or 20 years. Now everyone is going to involve in the digital world, so bitcoin is inevitable but needs more time.
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February 05, 2016, 12:45:38 PM
 #237

It could happen but it would take a lot of time for the bitcoin to do that.
I think it will take 10 years and that's still even fast for a change of the currency's.

it doesn't matter how many years go by. currencies as the us dollar and the euro will never get replaced by bitcoin. what i think might happen, is that a very small not important island might be using bitcoin as second main currency. i think there was already an island where something similar happened. i can't seem to find that news article anymore.

It may require some centuries to replace the real currency , as now the ATM card has also started for normal use, and it will take over the world may be in the next 10 or 20 years. Now everyone is going to involve in the digital world, so bitcoin is inevitable but needs more time.

Exactly ATM should come first to become mainstream. They still need to find a way to stabilize the price of bitcoin as merchants don't want to have varying uncontrollable profits.

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February 05, 2016, 12:49:43 PM
 #238


it only takes the right time. bitcoin already have everything, bitcoin just need more users
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February 05, 2016, 12:53:57 PM
 #239

Bitcoin is money, but not i don't think Bitcoin will be the only valuta in world, the biggeste problem is no person/company there taken bitcoin thaking only bitcoins its allways the USD/Eur or orther Fait currency Bitcoin are setting the price after, first when this wall are broken i will even think over Bitcoin take same position as $, € or £
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February 05, 2016, 01:10:14 PM
 #240

yes it would happens who knows as well as more investors ,big bang transfer their asset to bitcoin related investment as soon as bitcoin will overcome the dollar and every other kind of electronic payment.

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