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doctor877
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February 07, 2016, 02:01:56 PM |
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The money will not be replaced by bitcoin.
The money is the money and will stay the money. Bitcoin is just another currency. That's all to it.
Right, I believe that money can't get replaced by any digital currency, as people are using fiat currency since its inception and they are used to fiat currency, and part of the world is not aware about bitcoins, so they would carry on with fiat currency. |
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harizen
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February 07, 2016, 02:17:18 PM |
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The money will not be replaced by bitcoin.
The money is the money and will stay the money. Bitcoin is just another currency. That's all to it.
The future is always uncertain and crazy things could happen in the future. Japan's largest bank has declared that they will be making their own digital currency as well so if they succeded then the rest of the world will follow this path as well, if this happened then bitcoin could replace fiat for daily transactions I think the so called digital currency of those large banks will be centralized one and will not follow the rules of blockchain technology. So it will be digital currency replacing paper money rather than bitcoin replacing money. Exactly you got it. They will just create another form of money that will replace the physical money today and still it has the same system of what the money system does have today under World Bank's regulations. So in general it's not a whole replacement or attempt to erase the fiat. Bitcoin is different. I see no benefits if bitcoin will replace the money system today. |
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MaxTax
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February 07, 2016, 02:46:49 PM |
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The money will not be replaced by bitcoin.
The money is the money and will stay the money. Bitcoin is just another currency. That's all to it.
I think it could happen but we just need to wait till the time for the bitcoin will come. I think in a few years its possible, but we just need to wait till its so far. |
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trickyriky
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February 07, 2016, 03:16:15 PM |
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The money will not be replaced by bitcoin.
The money is the money and will stay the money. Bitcoin is just another currency. That's all to it.
I think it could happen but we just need to wait till the time for the bitcoin will come. I think in a few years its possible, but we just need to wait till its so far. delusion, it can never replace fiat, the mass's are not as dumb as we like, they know crypto depends upon electricity which we do not control, they also know they need access to the internet which they also dont control and can be cut off as and when their ISP's see fit  |
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CryptoBjorn
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February 07, 2016, 03:28:59 PM |
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The money will not be replaced by bitcoin.
The money is the money and will stay the money. Bitcoin is just another currency. That's all to it.
I think it could happen but we just need to wait till the time for the bitcoin will come. I think in a few years its possible, but we just need to wait till its so far. delusion, it can never replace fiat, the mass's are not as dumb as we like, they know crypto depends upon electricity which we do not control, they also know they need access to the internet which they also dont control and can be cut off as and when their ISP's see fit Its a bit tricky what your saying, without electricity there is nothing no bank can run anymore. I think its a bit weird what you saying and I also think its possible but only in about 10 years. |
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romero121
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February 07, 2016, 03:54:11 PM |
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The money will not be replaced by bitcoin.
The money is the money and will stay the money. Bitcoin is just another currency. That's all to it.
I think it could happen but we just need to wait till the time for the bitcoin will come. I think in a few years its possible, but we just need to wait till its so far. It won't happen anytime, now or even after years. This is just a digital solution of transaction process which now to the increased users evolved as a alternate currency. By this way it has got the value. Dollar is not like that, from early days its been used as a source and has got various ups and downs which is yet to be faced by bitcoin, that decides whether bitcoin survive or not for long years |
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trickyriky
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February 07, 2016, 04:01:19 PM |
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The money will not be replaced by bitcoin.
The money is the money and will stay the money. Bitcoin is just another currency. That's all to it.
I think it could happen but we just need to wait till the time for the bitcoin will come. I think in a few years its possible, but we just need to wait till its so far. delusion, it can never replace fiat, the mass's are not as dumb as we like, they know crypto depends upon electricity which we do not control, they also know they need access to the internet which they also dont control and can be cut off as and when their ISP's see fit Its a bit tricky what your saying, without electricity there is nothing no bank can run anymore. I think its a bit weird what you saying and I also think its possible but only in about 10 years. top and bottom of it, are the mass's will not put their money anywhere they have zero control, with a bank they stupidly believe everybody can go draw out all their money at the same time, electricity is not needed for cash, gold or bonds, yet bitcoin or anything digital depends on this electricity which is susceptible to EMP, bitcoin or any digital currency will never replace fiat, its impossible even if all 7.8 billion of us were given 10000 sat each and told 1 sat was now worth a million dollars, the mass's would dump it all for fiat guaranteed, sorry to say it but us crypto lovers are a minority and always will be  |
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ampere
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February 07, 2016, 10:21:57 PM |
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Bitcoin will be a strong currency in future for sure but I don't see it replacing fiat currency in future, almost majority of the population is dependent on fiat and they use it for their normal stuffs and those getting into crypto is something unbelievable.
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Pab
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February 08, 2016, 01:31:05 AM |
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How it could happen .Bitcoin is money,what else bitcoin is,Can you tell me.Maybe learn first what money is
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trickyriky
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February 08, 2016, 12:26:58 PM |
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How it could happen .Bitcoin is money,what else bitcoin is,Can you tell me.Maybe learn first what money is
MONEY = the biggest and best scam ever played, it has somewhere around 7.8 billions slaves to it  yet the earth provides everything we need for free, madness ehhhh |
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JAyThaRevo
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February 10, 2016, 02:00:00 AM |
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Bitcoin can replace money in future, but when that time will come that we all are not aware about it, maybe it will take decades to replace money, only thing we want is that bitcoin should be widely used and widely accepted.
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DaddyMonsi
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February 10, 2016, 02:26:40 AM |
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This is not going to happen as long as there's a third world country with low number of people with internet access and slow internet access this is not going to happen. In some developed country maybe but it will go through a lot holes in the government before they can get a nod from Finance department.
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trickyriky
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February 10, 2016, 12:07:24 PM |
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looking at newer tech, coins like decred, if their wallets are the future of crypto, i predict mass dumpage people want to be able to use the software, not learn how to work somebodys poor software
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harizen
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February 10, 2016, 01:58:46 PM |
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This is not going to happen as long as there's a third world country with low number of people with internet access and slow internet access this is not going to happen. In some developed country maybe but it will go through a lot holes in the government before they can get a nod from Finance department.
Agree. Not all country can adapt and hug the bitcoin technology. Bitcoin is virtual so you need at least an internet connection here to able to access. People are just looking at their own benefits. If bitcoin will replace money completely, bitcoin must truly bring benefits to ALL parts of the world. |
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praprata
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February 10, 2016, 02:08:13 PM |
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I think it could happen but it will take some years for it to do so.
I think in the future of the bitcoin everything is possible for the bitcoin.
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MaritiJames3
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February 10, 2016, 02:22:10 PM |
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I think it could happen but it will take some time till it will even be possible, I think it will take years before it will. I think it will take 10 years or more to get so far, and no one knows if the bitcoin will survive this journey.
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Denker
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February 10, 2016, 02:31:58 PM |
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Bitcoin will not replace fiat currency the next coming decades.
Since 1971 all fiat currencies around the world are backed by nothing than just trust.
This monetary system will go down soon.And then the elites will come with a new scam.
Maybe again some partly backed currencies, who knows.
Bitcoin only has to do one job.To survive!!
As an option beside the controlled financial system Bitcoin will be very attractive and can gain a really high value over the decades, but I can not see it becoming THE world reserve currency in that time frame.
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newcoins1978
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February 10, 2016, 02:48:06 PM |
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I think it could happen but not soon.
It will take some time till the bitcoin can even do it.
Maybe in about 10 years it will replace it if the banks let it.
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Pollak
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Pollak
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February 10, 2016, 03:11:04 PM |
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I think it could happen but not fast at all.
The time will be 15 years for sure, the bitcoin is in their start position for that.
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harizen
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February 10, 2016, 03:24:13 PM |
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I think it could happen but not soon.
It will take some time till the bitcoin can even do it.
Maybe in about 10 years it will replace it if the banks let it.
Banks will not allow the replacement but rather decentralizing it and making it as a part of the bank. You can't experienced the benefits of bitcoin today if bitcoin will replace banks. Im sure of this. I think it could happen but not fast at all.
The time will be 15 years for sure, the bitcoin is in their start position for that.
Then what about those countries that really experiencing a financial crisis? How come those person with no internet connection can use the virtual currency? I like bitcoin to be $2000 or more in vaue per single coin than the desire of replacing it in money. |
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