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Author Topic: Bitcoin replaces the money? Could happen?  (Read 86044 times)
Mr. Big
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August 26, 2016, 04:59:18 AM
 #1001

I don't think it could happen, because many people around the world still don't know about bitcoin. If all people know about bitcoin, i think bitcoin can replaces the money someday.

How about the transaction fees? who will handle it if bitcoin will replace money? will the government do all that? My point is, even after many years, I think the popularity of paper money will still be there and bitcoin will still be bitcoin...  Smiley
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August 26, 2016, 05:03:57 AM
 #1002

I don't think that bitcoin can ever replace money as bitcoin is still very new to many people and people who are used to fiat currency will continue with it.
it is really possible to be honest, i think that bitcoin is going to become huge, paper money is going to disappear in a few decades

You can't pinpoint on when paper money could disappear not even in a few decades because fiat is been used already for a long time and it's really hard to replace. By a newly existed crypto maybe it could be possible since things does not last forever and can be replaced but I think it would take time for Bitcoin to replace paper currency.

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August 26, 2016, 05:05:25 AM
 #1003

I don't think that bitcoin can ever replace money as bitcoin is still very new to many people and people who are used to fiat currency will continue with it.
it is really possible to be honest, i think that bitcoin is going to become huge, paper money is going to disappear in a few decades

No it is not true. bitcoin can replace other online currencies and payment soruces. like paypal, payza, skrill pefectmoney etc. but bitcoin will never replace paper money. paper money will be exist.
every country have separate currency. how could bitcoin replace all currency?
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August 26, 2016, 06:53:18 AM
 #1004

Now in some places to buy goods directly can use bitcoin, how to conduct transactions directly using bitcoin? Because I place no purchases using bitcoin.

Nowadays has developed, which initially buy goods directly can only be used with the currency and credit cards, and can now use bitcoin although only in some places. Is it possible that the next few years means of exchange for transactions money initially turned into bitcoin?

What do you think about this?
It is Very Hard That People Will Use Bitcoin and Left The Paper Currency Because People Don't Trust a Digital Currency But In My Opinion If Its Happen I Will Be Very Happy....
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August 26, 2016, 07:42:13 AM
 #1005

I don't think that bitcoin can ever replace money as bitcoin is still very new to many people and people who are used to fiat currency will continue with it.
it is really possible to be honest, i think that bitcoin is going to become huge, paper money is going to disappear in a few decades

No it is not true. bitcoin can replace other online currencies and payment soruces. like paypal, payza, skrill pefectmoney etc. but bitcoin will never replace paper money. paper money will be exist.
every country have separate currency. how could bitcoin replace all currency?
nothing impossible , everything are possible recently ,
if you remember when you was young , an old people always say "one day you can talk to someone even far away" ,
and today that things happened ,
yepp something impossible in the past or now are very possible in the future , so do this , i believe it is possible for everyone in the world to use and treat bitcoin like dollar or euro as global currency.
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August 26, 2016, 09:44:45 AM
 #1006

Bitcoin is the future of the money surely it will replace old fiat currency very soon as like it is growing very healthy that is good sign it will be next generation currency.
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August 26, 2016, 09:59:19 AM
 #1007

Bitcoin is a digital money. bitcoin price depend on dollar rate.
if dollar is doesn't exist anymore, how we can buy bitcoin bitcoin? think again

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August 26, 2016, 11:56:59 AM
 #1008

Bitcoin is the future of the money surely it will replace old fiat currency very soon as like it is growing very healthy that is good sign it will be next generation currency.
No I do not think money will not be replaced by bitcoin. Digital money can not be used in real life and online only, while the money is needed at all for the transaction directly. Although later bitcoin developed I'm sure the money will not be replaced.
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August 26, 2016, 02:11:49 PM
 #1009

Bitcoin is a digital money. bitcoin price depend on dollar rate.
if dollar is doesn't exist anymore, how we can buy bitcoin bitcoin? think again

First of all it is not just dollar to where you could buy it. It just occur that it is the most used currency and better known also. The popularity of it gave the reason to rely in its price.
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August 26, 2016, 03:07:50 PM
 #1010

I don't think that bitcoin can ever replace money as bitcoin is still very new to many people and people who are used to fiat currency will continue with it.
i think you are right about it, in my opinion bitcoin wil have a possibility to replace fiat only in a few decades when adoption will be way bigger than it is right now
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August 26, 2016, 03:54:07 PM
 #1011

I don't think that bitcoin can ever replace money as bitcoin is still very new to many people and people who are used to fiat currency will continue with it.
i think you are right about it, in my opinion bitcoin wil have a possibility to replace fiat only in a few decades when adoption will be way bigger than it is right now

Yeah, it will takes a long time for bitcoin to replaces the money. It might happen in the next 10-50 years, but for the next 1-10 years, i don't think bitcoin can replaces the money.
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August 26, 2016, 08:22:42 PM
 #1012

I don't think that bitcoin can ever replace money as bitcoin is still very new to many people and people who are used to fiat currency will continue with it.
i think you are right about it, in my opinion bitcoin wil have a possibility to replace fiat only in a few decades when adoption will be way bigger than it is right now

Yeah, it will takes a long time for bitcoin to replaces the money. It might happen in the next 10-50 years, but for the next 1-10 years, i don't think bitcoin can replaces the money.
i say no for this, 10 years,20 year or 50 years, what ever you like to said but the fact bitcoin never replace money, the only we can hope is one days bitcoin would replace bank.

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August 26, 2016, 10:00:59 PM
 #1013

Anything is possible, I'm not saying that bitcoin will replace some old currency, but in ideal conditions, something like that can happen I suppose.
I think bitcoin will always spread and grow. you do not be afraid if bitcoin not so well known in the world because it is the phase of the process of bitcoin. all need a process to reach the top level. including bitcoin. bitcoin they were 7 years old. would need more time to replace fiat money
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August 28, 2016, 07:55:18 AM
 #1014

I don't think that bitcoin can ever replace money as bitcoin is still very new to many people and people who are used to fiat currency will continue with it.
i think bitcoin is not new anymore. bitcoin has been aged more than 7 years and currently has users exceeded 10 million users and I think that number will always increase in each year. so I think bitcoin will take a long time to reach it
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August 28, 2016, 10:42:34 AM
 #1015

It will happen, eventually. While I don’t think a full replacement will take place, bitcoin will be actively used by people throughout the world, especially once the current financial system collapses.
Ryananda (OP)
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August 28, 2016, 12:47:29 PM
 #1016

Anything is possible, I'm not saying that bitcoin will replace some old currency, but in ideal conditions, something like that can happen I suppose.
I think bitcoin will always spread and grow. you do not be afraid if bitcoin not so well known in the world because it is the phase of the process of bitcoin. all need a process to reach the top level. including bitcoin. bitcoin they were 7 years old. would need more time to replace fiat money
Yes really bitcoin will grow better and I am sure there will be many people who started using bitcoin. Bitcoin will grow but it would not be able to replace the money. Although bitcoin grows money will not be replaced because money is the holder of the economic activity of a country that will not be replaced. Bitcoin only crypto so it is not possible to replace the money.
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August 28, 2016, 02:32:26 PM
 #1017

That will never ever happen. Bitcoin doesn't have the power to replace fiat currency system in any way.

Bitcoin can provide alternative investment / earning route which anyone is free to explore, but it can't replace fiat currency. Not at least in next 100 years.

The concept of bitcoin itself doesn't support that as it is decentralized and not regulated by anyone.

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August 30, 2016, 03:33:20 PM
 #1018

That will never ever happen. Bitcoin doesn't have the power to replace fiat currency system in any way.

Bitcoin can provide alternative investment / earning route which anyone is free to explore, but it can't replace fiat currency. Not at least in next 100 years.

The concept of bitcoin itself doesn't support that as it is decentralized and not regulated by anyone.
Yeah maybe you're right, bitcoin is better if it is used only for investment and not for the currency. Bitcoin is not suitable when used currency, so bitcoin can not replace the money.
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August 30, 2016, 11:01:21 PM
 #1019

That will never ever happen. Bitcoin doesn't have the power to replace fiat currency system in any way.

Bitcoin can provide alternative investment / earning route which anyone is free to explore, but it can't replace fiat currency. Not at least in next 100 years.

The concept of bitcoin itself doesn't support that as it is decentralized and not regulated by anyone.
Yeah maybe you're right, bitcoin is better if it is used only for investment and not for the currency. Bitcoin is not suitable when used currency, so bitcoin can not replace the money.

but I am using bitcoin as a currency also, and I will say that I adopted it because I need it as a currency for my online purchase and I do not face any problem, I feeling much happy with bitcoin as a currency.
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August 31, 2016, 12:40:40 AM
 #1020

of course it could happen, in my opinion bitcoins are going to become huge

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