Nemesis099
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February 13, 2016, 12:48:55 AM |
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If every thing gets digital then bitcoin can replace money in future, but it is difficult to predict that everything is going digital especially in third world countries, they would continue to use paper money and not the digital currency.
That's impossible that every thing gets digital, there are some basic things which only fiat can take care of, like buying vegetable, paying a servant, gas bills and so on, and for all this things you need paper money.
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jkrules
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February 13, 2016, 02:24:18 AM |
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No it can never happen, I don't see bitcoin replacing money sooner or latter, bitcoin will grow as a currency in future but it can never get on mainstream and become a primary currency.
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Ryananda (OP)
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February 13, 2016, 03:36:11 AM |
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No it can never happen, I don't see bitcoin replacing money sooner or latter, bitcoin will grow as a currency in future but it can never get on mainstream and become a primary currency.
Yes I think so that bitcoin currency can not be a major because I think it's very difficult, it takes a lot of time and hard work. But I but convenient if bitcoin not be the money because bitcoin has also been able to replace money as a means of buying and selling.
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ajun96
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February 13, 2016, 05:25:27 AM |
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If every thing gets digital then bitcoin can replace money in future, but it is difficult to predict that everything is going digital especially in third world countries, they would continue to use paper money and not the digital currency.
I think in the future. all advanced technology. everything is instant. using the Internet to make purchases, and as I know paper money is very old fashioned we'll be taken into the future, where digital is the number 1
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trickyriky
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February 13, 2016, 11:56:55 AM |
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If every thing gets digital then bitcoin can replace money in future, but it is difficult to predict that everything is going digital especially in third world countries, they would continue to use paper money and not the digital currency.
I think in the future. all advanced technology. everything is instant. using the Internet to make purchases, and as I know paper money is very old fashioned we'll be taken into the future, where digital is the number 1 no we wont, i for 1 will never give up fiat, or more to the point cash and pound notes
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lister storm
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February 13, 2016, 01:11:25 PM |
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it could actually happen but i dont think that it will happen somewhere in the near future, the bitcoin has just started so we will need to wait a lot more time
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elloco4ever
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February 13, 2016, 01:42:26 PM |
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it could actually happen but i dont think that it will happen somewhere in the near future, the bitcoin has just started so we will need to wait a lot more time
Bitcoin will surely grow but never ever replace money because fiat currency will always remain in place bitcoin can be the best alternative for money.
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Am I spamming? Report me!
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Dux2K
Legendary
Offline
Activity: 1022
Merit: 1000
Blocklancer - Freelance on the Blockchain
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February 13, 2016, 01:46:29 PM |
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it could actually happen but i dont think that it will happen somewhere in the near future, the bitcoin has just started so we will need to wait a lot more time
Bitcoin will surely grow but never ever replace money because fiat currency will always remain in place bitcoin can be the best alternative for money. Think it will ve more like prime internet money for paying my prediction
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trickyriky
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February 13, 2016, 01:54:15 PM |
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guberment shills are out in force i see, for the record, bitcoin will be dead and burried before the mass's elect to adopt the tech, especially now the blockchain is growing twice as fast with the 2mb block size, 10-15gb in the last 12 months says bitcoin has until no later than 2021 before its either fully centralised of abandoned, by 2021 only guberment data centers will be able to sustain the blockchain, be careful how you invest your wealth guys
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trickshot22
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February 13, 2016, 02:33:47 PM |
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i dont think that it will ever happen because the bitcoin does not have enough power to do such thing right now
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ATguy
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February 13, 2016, 03:13:15 PM |
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guberment shills are out in force i see, for the record, bitcoin will be dead and burried before the mass's elect to adopt the tech, especially now the blockchain is growing twice as fast with the 2mb block size, 10-15gb in the last 12 months says bitcoin has until no later than 2021 before its either fully centralised of abandoned, by 2021 only guberment data centers will be able to sustain the blockchain, be careful how you invest your wealth guys Oh my god, check math before you talk this FUD nonsence. At worst, with every block filled to 2 MB, blockchain can grow by maximum 100 GB yearly only. So in 2021 the worst case scenario if 2 MB gets implemented today and every block filled in full (wont happen) you would have 0.5 TB Bitcoin blockchain data in 2021. Given how many regular people computers have 1+ TB HDDs even today, your data centers 2021 doomsday FUD scenario is way off Try consult with BorgStream more realistic FUD strategies to paralyze Bitcoin...
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2legit2
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February 13, 2016, 03:35:42 PM |
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It may happen in future, but probably it wont, people are used to normal money, bitcoins are just too new for everyone
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trickyriky
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February 13, 2016, 04:49:49 PM |
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guberment shills are out in force i see, for the record, bitcoin will be dead and burried before the mass's elect to adopt the tech, especially now the blockchain is growing twice as fast with the 2mb block size, 10-15gb in the last 12 months says bitcoin has until no later than 2021 before its either fully centralised of abandoned, by 2021 only guberment data centers will be able to sustain the blockchain, be careful how you invest your wealth guys Oh my god, check math before you talk this FUD nonsence. At worst, with every block filled to 2 MB, blockchain can grow by maximum 100 GB yearly only. So in 2021 the worst case scenario if 2 MB gets implemented today and every block filled in full (wont happen) you would have 0.5 TB Bitcoin blockchain data in 2021. Given how many regular people computers have 1+ TB HDDs even today, your data centers 2021 doomsday FUD scenario is way off Try consult with BorgStream more realistic FUD strategies to paralyze Bitcoin... omg now add in the network bandwidth and the cost and size of ssd's nodes no longer function when running from hdds, and people are not going to mess around trying to download half tb blockchains are they lol sorry if your heavily invested but bitcoin was built to fail im afraid mate, make the most of it while you can i say
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kacak41
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February 13, 2016, 05:33:12 PM |
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It may happen in future, but probably it wont, people are used to normal money, bitcoins are just too new for everyone
Correct, people would strongly use bitcoin in future, but they would also continue to use fiat currency as well, as majority of the people would hesitate in using digital currency.
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Rotator
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February 14, 2016, 03:23:30 PM |
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Inflation is invisible taxation, it is necessary for governments to keep controls over money supply. They will never abandon Dollar this is clear as a day. BTC have better chance to stay on internet.
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Rotator
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February 14, 2016, 03:45:02 PM |
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"Give me control of a nation's money and I care not who makes it's laws" — Mayer Amschel Bauer Rothschild Money is power and they will not left this without fight.
“Countless People Will Hate The New World Order And Will Die Protesting Against It.” – H.G. Wells “Our job is to give people not what they want, but what we decide they ought to have.” Richard Salant, former president, CBS News https://www.youtube.com/watch?v=jtYttjnYWN8
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socks435
Legendary
Offline
Activity: 2044
Merit: 1030
I'm looking for free spin.
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February 14, 2016, 04:03:37 PM |
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There's no reason that bitcoin will be replaces money. because bitcoin is for internet currency and money is our real money use to buy anything. Bitcoin use only to buy for stuffs online. bitcoins has no taxes and our money if you buy anything in our country they deduct taxes. So i think it will never be happen in the future..
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Decided to end it with zer0 profit.
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quentincole32
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February 14, 2016, 05:53:33 PM |
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There's no reason that bitcoin will be replaces money. because bitcoin is for internet currency and money is our real money use to buy anything. Bitcoin use only to buy for stuffs online. bitcoins has no taxes and our money if you buy anything in our country they deduct taxes. So i think it will never be happen in the future..
never say never, it could happened anytime but everyone agree bitcoin wouldn't replace money in the very near future. bitcoin not only used online, there so many offline stores poping up accept bitcoin so it's not impossible bitcoin could replace fiat money.
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bakingbad
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February 14, 2016, 08:14:13 PM |
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i think after a few years it will replace the fiat
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plost24
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February 14, 2016, 08:16:05 PM |
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There's no reason that bitcoin will be replaces money. because bitcoin is for internet currency and money is our real money use to buy anything. Bitcoin use only to buy for stuffs online. bitcoins has no taxes and our money if you buy anything in our country they deduct taxes. So i think it will never be happen in the future..
never say never, it could happened anytime but everyone agree bitcoin wouldn't replace money in the very near future. bitcoin not only used online, there so many offline stores poping up accept bitcoin so it's not impossible bitcoin could replace fiat money. we can say that bitcoin passing in the good way to replace fiat money so why not after some years it will reach that goal
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For rent 1.4 Bitcoin for 11 months starting Feb 1 2017
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