goldcoinminer
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September 06, 2016, 08:17:08 AM |
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That is not going to happen because their are allot of different countries with each there own currency. It would be pretty unlikely for Bitcoin to take over money. Many people do not even know what Bitcoin is so that has to change.
bitcoin is just a few years old so it is yet a new currency unlike fiat. fiat is here from decades so people will obviously know about fiat more than btc. btw, bitcoin can replace the fiat but it needs some time. how many people knew about btc in 2010 ? there were very few but now you can see that the number of users using btc are increasing rapidly. just have faith in btc and wait for that day when it replaces fiat. maybe at our old age or after our death it will definitely replace fiat. Nah, not gonna happen, even if you will take the whole time in the world bitcoin cannot replace fiat. We are solely living in the world where we uses the fiat system and it has been in the system for too long so it would not be easy gone to give way to some digital money.
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groll
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September 06, 2016, 08:28:13 AM |
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That is not going to happen because their are allot of different countries with each there own currency. It would be pretty unlikely for Bitcoin to take over money. Many people do not even know what Bitcoin is so that has to change.
bitcoin is just a few years old so it is yet a new currency unlike fiat. fiat is here from decades so people will obviously know about fiat more than btc. btw, bitcoin can replace the fiat but it needs some time. how many people knew about btc in 2010 ? there were very few but now you can see that the number of users using btc are increasing rapidly. just have faith in btc and wait for that day when it replaces fiat. maybe at our old age or after our death it will definitely replace fiat. Nah, not gonna happen, even if you will take the whole time in the world bitcoin cannot replace fiat. We are solely living in the world where we uses the fiat system and it has been in the system for too long so it would not be easy gone to give way to some digital money. I think it will happen. No one knows when but it will happen maybe in 500 years from today where everything is so highly technical. Yes it is true that the fiat started long long time ago but before the fiat, people were into barter wherein they exchange their goods to other goods. Then they use things like gold, silver, or copper to buy things as money. Until people made coins and papers as money to buy things. So we cannot assure that it will not be replaced. But I will still want to use fiat to buy things for myself as it is more convenient. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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freedomgo
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September 06, 2016, 09:02:52 AM |
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That is not going to happen because their are allot of different countries with each there own currency. It would be pretty unlikely for Bitcoin to take over money. Many people do not even know what Bitcoin is so that has to change.
bitcoin is just a few years old so it is yet a new currency unlike fiat. fiat is here from decades so people will obviously know about fiat more than btc. btw, bitcoin can replace the fiat but it needs some time. how many people knew about btc in 2010 ? there were very few but now you can see that the number of users using btc are increasing rapidly. just have faith in btc and wait for that day when it replaces fiat. maybe at our old age or after our death it will definitely replace fiat. Nah, not gonna happen, even if you will take the whole time in the world bitcoin cannot replace fiat. We are solely living in the world where we uses the fiat system and it has been in the system for too long so it would not be easy gone to give way to some digital money. I think it will happen. No one knows when but it will happen maybe in 500 years from today where everything is so highly technical. Yes it is true that the fiat started long long time ago but before the fiat, people were into barter wherein they exchange their goods to other goods. Then they use things like gold, silver, or copper to buy things as money. Until people made coins and papers as money to buy things. So we cannot assure that it will not be replaced. But I will still want to use fiat to buy things for myself as it is more convenient. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Unfortunately, we were not be able to witness then, that is 500 years man, we are all dead during that time and I don't think bitcoin can exceed that long period of time as for sure there are new development better than bitcoin which will replace bitcoin in the position.
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coin_gambler
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September 06, 2016, 12:13:20 PM |
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I believe that it is just a matter of time, to be honest. To understand it, you have to comprehend the fact that it can make things really easy and faster. And remember that there are already a lot of different BTC debit cards available for use.
thats true, we dont know when it will happen but it will definitely happen and it will make me some decent money just for holding bitcoins Well, someday it might be happen, bitcoin replaces the money. I think it could be happen, but not for the next 5-50 years, because not all people is know about bitcoin and all people need to know bitcoin if bitcoin replaces the money. thats true, though it is boring right now to wait for that because price is too stable right now, i hope this will change though soon
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adibe
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September 06, 2016, 01:16:26 PM |
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It takes a long time to make bitcoin replaces the money, because people around the world is already used money since long time and if bitcoin want replaces the money, bitcoin need more user to spread the information about bitcoin.
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Ryananda (OP)
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September 06, 2016, 01:59:05 PM |
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It takes a long time to make bitcoin replaces the money, because people around the world is already used money since long time and if bitcoin want replaces the money, bitcoin need more user to spread the information about bitcoin.
Yes, a very long time for bitcoin in order to replace the money. Bitcoin also need to fix the system and should grow more rapidly again. To replace the currency bitcoin is not strong because the price is still not stable.
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Cozynunu
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September 06, 2016, 02:41:27 PM |
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Off course there are so many things that can happen and the thing that can happen is that the bitcoin will replace the money but i dont think that would happen more money than bitcoins are here for now.
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sabbirshm
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September 06, 2016, 04:34:03 PM |
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Off course there are so many things that can happen and the thing that can happen is that the bitcoin will replace the money but i dont think that would happen more money than bitcoins are here for now.
It could be happen in future not so fast.Because bitcoin became popular in the world now and it is most popular crypto currency. People can become stable through bitcoin. So, I don't think bitcoin will be replaced soon.
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Mastsetad
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September 06, 2016, 04:42:58 PM |
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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?
That won't happen, and even if that happens then bitcoin would surely be like fiat and then it wont make a difference if we use bitcoin or fiat for any payment if they are similar in all ways.
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skysblu
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September 06, 2016, 11:20:06 PM |
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I believe that it is just a matter of time, to be honest. To understand it, you have to comprehend the fact that it can make things really easy and faster. And remember that there are already a lot of different BTC debit cards available for use.
thats true, we dont know when it will happen but it will definitely happen and it will make me some decent money just for holding bitcoins Well, someday it might be happen, bitcoin replaces the money. I think it could be happen, but not for the next 5-50 years, because not all people is know about bitcoin and all people need to know bitcoin if bitcoin replaces the money. it will happen one day definitely, in my opinion it should happen in like 10 upcoming years, i hope then bitcoin price is go up a lot
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Xester
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September 07, 2016, 04:47:46 AM |
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It takes a long time to make bitcoin replaces the money, because people around the world is already used money since long time and if bitcoin want replaces the money, bitcoin need more user to spread the information about bitcoin.
Yes I agree with you. It will take a very long time for that to happen. There are many reasons to consider replacing paper money with digital currency. Plus the fact that it would not be applicable to every corner of the world. There were places were there still no electricity even computers. Plus people were more convenient on using money when buying things on market. And think of it, if you want to just buy a candy on the street it would be hard to pay the vendor that cost just a few cents with bitcoin.
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Newcoins2020
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September 07, 2016, 08:53:49 AM |
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Partialy it has already replaced the money, mostly in online transactions. But to completely replace it, I don't think this is possible for any virtual currency
I agree with this. I remember a blogger who posted his travel adventure using ONLY Bitcoins so for that guy, Bitcoin already replaced fiat in his travel expenses. In the future if bitcoin can be accepted when you buy a fruit or vegetables in the market then we wont need paper money,just like using credit card to buy something in the mall. I do not think that it is ever going to happen because the Bitcoin is not as popular as some of these other currencies that exist in today's world. Bitcoin does not need to take over money but create its own lane.
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randy8777
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September 07, 2016, 09:20:02 AM |
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Off course there are so many things that can happen and the thing that can happen is that the bitcoin will replace the money but i dont think that would happen more money than bitcoins are here for now.
It could be happen in future not so fast.Because bitcoin became popular in the world now and it is most popular crypto currency. People can become stable through bitcoin. So, I don't think bitcoin will be replaced soon. to be exact, the chances for bitcoin to replace fiat are 0%. so it's pointless to wait for it. beside that, i don't understand why people would even want bitcoin to replace fiat. if that day would come, then we won't have the freedom we have right now. that's why i am happy with how things are right now.
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fireball4
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September 07, 2016, 08:38:49 PM |
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I believe that it is just a matter of time, to be honest. To understand it, you have to comprehend the fact that it can make things really easy and faster. And remember that there are already a lot of different BTC debit cards available for use.
thats true, we dont know when it will happen but it will definitely happen and it will make me some decent money just for holding bitcoins Well, someday it might be happen, bitcoin replaces the money. I think it could be happen, but not for the next 5-50 years, because not all people is know about bitcoin and all people need to know bitcoin if bitcoin replaces the money. you are right, in my opinion bitcoin is definitely replace the fiat in like 20 years and it will make us all big money if we hold some bitcoins
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Vikingr
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September 07, 2016, 10:54:08 PM |
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I believe that it is just a matter of time, to be honest. To understand it, you have to comprehend the fact that it can make things really easy and faster. And remember that there are already a lot of different BTC debit cards available for use.
thats true, we dont know when it will happen but it will definitely happen and it will make me some decent money just for holding bitcoins You are right, with the bitcoin debit card it has the chance to replace the fiat, as everyone is now using credit card and with that awareness of bitcoin they will love to get a credit card of bitcoin and will love to use it instead of their bank card.
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eddyubachs
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September 07, 2016, 11:03:20 PM |
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I believe that it is just a matter of time, to be honest. To understand it, you have to comprehend the fact that it can make things really easy and faster. And remember that there are already a lot of different BTC debit cards available for use.
thats true, we dont know when it will happen but it will definitely happen and it will make me some decent money just for holding bitcoins You are right, with the bitcoin debit card it has the chance to replace the fiat, as everyone is now using credit card and with that awareness of bitcoin they will love to get a credit card of bitcoin and will love to use it instead of their bank card. Yeah that would be an great experience and it will also help us in getting rid from banks and their cards which involves higher fees, and with bitcoin credit card life will become more easier.
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Zadicar
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September 08, 2016, 04:22:26 AM |
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I believe that it is just a matter of time, to be honest. To understand it, you have to comprehend the fact that it can make things really easy and faster. And remember that there are already a lot of different BTC debit cards available for use.
thats true, we dont know when it will happen but it will definitely happen and it will make me some decent money just for holding bitcoins You are right, with the bitcoin debit card it has the chance to replace the fiat, as everyone is now using credit card and with that awareness of bitcoin they will love to get a credit card of bitcoin and will love to use it instead of their bank card. Yeah that would be an great experience and it will also help us in getting rid from banks and their cards which involves higher fees, and with bitcoin credit card life will become more easier. True, it would much be easier if bitcoin credit card would be available it would give us convenience but in the meantime i dont really see that bitcoin could replace money in the future since fiat is being used for how many years and already being established and also bitcoins price also rely on fiat.
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Ryananda (OP)
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September 08, 2016, 04:52:18 AM |
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I believe that it is just a matter of time, to be honest. To understand it, you have to comprehend the fact that it can make things really easy and faster. And remember that there are already a lot of different BTC debit cards available for use.
thats true, we dont know when it will happen but it will definitely happen and it will make me some decent money just for holding bitcoins You are right, with the bitcoin debit card it has the chance to replace the fiat, as everyone is now using credit card and with that awareness of bitcoin they will love to get a credit card of bitcoin and will love to use it instead of their bank card. Yeah that would be an great experience and it will also help us in getting rid from banks and their cards which involves higher fees, and with bitcoin credit card life will become more easier. True, it would much be easier if bitcoin credit card would be available it would give us convenience but in the meantime i dont really see that bitcoin could replace money in the future since fiat is being used for how many years and already being established and also bitcoins price also rely on fiat. Maybe you're right, bitcoin would be better to make a credit card. It would be very beneficial to me. Bitcoin is not going to replace the money, because bitcoin does not have the power to replace the money.
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JITENDERPAR3
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September 08, 2016, 04:58:54 AM |
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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?
since it is true in some countries that we can buy goods through direct payment of btc still some countries banned it and some.of the countries needs to approve to btc as legal then btc can replace money otherwise bitcoins never can replace btc.
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goldcoinminer
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September 08, 2016, 05:04:52 AM |
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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?
since it is true in some countries that we can buy goods through direct payment of btc still some countries banned it and some.of the countries needs to approve to btc as legal then btc can replace money otherwise bitcoins never can replace btc. Banned is a gross statement and that is something illegal, I believe some countries does not accept bitcoin yet because merchants are not too supportive with bitcoin and the do not want to take risk and stick to the conventional ways.
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