goldcoinminer
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October 27, 2016, 06:30:26 AM |
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Maybe in the far future there is a possibility but right now it will still not happen because f the fact that its not possible right now. If the bitcoin gets bigger there is maybe a possibility.
Is this a joke even in the future bitcoin can't really replace the real money in the world and it can really be happen anymore if you guy's are believing that bitcoin can really replace money then it always a rumble or rude to those country who are not using bitcoin. I think the bitcoin is unlikely to replace the original currency, because of its nature as not real bitcoin, but we also do not know the future, we can only wait for the course Not possible yet...Or,,, not really possible for bitcoin to replace money... How many bitcoins do we need to make all the transactions in real life work... Bitcoin won't be enough to cover it all...Besides, the price of bitcoin would increase a lot, and only few people are holding big amount of it... It's not equally distributed to the world... Never possible, the world will be in bad situation if that happens, our transaction will not be govern and illegal trade will take place and maybe we are living in a world of lawlessness and we do not want to make that happen for our children and in the next generation to come. That's the way I see when it happens.
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BitcoinPC
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October 27, 2016, 07:32:39 AM |
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Bitcoin could replace the money but its from now real far a way if you ask me, due to the reason the bitcoin has to get a lot bigger if this would happen. I think with the future of the bitcoin is possible but it will take a couple of years maybe even more something near the 10 years.
Even if bitcoin gets more popular and bigger in future its unlike to see that it can ever replace a paper money which has support from the Government and the society and bitcoin will be always used as an secondary currency. I also think about it, If in future, bitcoin would be popular more, than no chance to replace the bitcoin into money, because now bitcoin is already going well, So we can guess in the coming time, bitcoin might be achieve more popularity than the countries who made the bitcoin they never want to change the bitcoin into paper money.
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freedomgo
Legendary
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Activity: 3248
Merit: 1160
Fully Regulated Crypto Casino
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October 27, 2016, 08:14:36 AM |
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Bitcoin could replace the money but its from now real far a way if you ask me, due to the reason the bitcoin has to get a lot bigger if this would happen. I think with the future of the bitcoin is possible but it will take a couple of years maybe even more something near the 10 years.
Even if bitcoin gets more popular and bigger in future its unlike to see that it can ever replace a paper money which has support from the Government and the society and bitcoin will be always used as an secondary currency. I also think about it, If in future, bitcoin would be popular more, than no chance to replace the bitcoin into money, because now bitcoin is already going well, So we can guess in the coming time, bitcoin might be achieve more popularity than the countries who made the bitcoin they never want to change the bitcoin into paper money. I don't see any instance in the future that it will happen, paper money will remain popular than bitcoin because you cannot force all the people to use computer just to transact, we want instant and simple way to transact and only paper money can provide that on us. The world would be better if we are using both.
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Oralmat
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October 27, 2016, 06:13:33 PM |
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Bitcoin could replace the money but its from now real far a way if you ask me, due to the reason the bitcoin has to get a lot bigger if this would happen. I think with the future of the bitcoin is possible but it will take a couple of years maybe even more something near the 10 years.
Even if bitcoin gets more popular and bigger in future its unlike to see that it can ever replace a paper money which has support from the Government and the society and bitcoin will be always used as an secondary currency. I also think about it, If in future, bitcoin would be popular more, than no chance to replace the bitcoin into money, because now bitcoin is already going well, So we can guess in the coming time, bitcoin might be achieve more popularity than the countries who made the bitcoin they never want to change the bitcoin into paper money. I don't see any instance in the future that it will happen, paper money will remain popular than bitcoin because you cannot force all the people to use computer just to transact, we want instant and simple way to transact and only paper money can provide that on us. The world would be better if we are using both. Exactly, It is better for us that we use both currencies, Because fiat is fiat and crypto currency can't achieve the place of fiat currency. But crypto is crypto it is online currency, and fiat currency can't achieve the place of crypto. So it is better for us if we use both currencies and never think that fiat change into crypto and crypto change into fiat.
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ajun96
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October 28, 2016, 12:17:56 AM |
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Money will always be money. For the people is very important aspect of eye contact with your money. The fact that people keep their money in banks and are does not mean anything by using credit cards. But bitcoin will take its place in the financial sector but not replace real money.
I also agree with you that I believe bitcoin will have a great future as a currency later, but I do not think that bitcoin will dominate the currency itself and replace fiat, Its imposible thing you know ? it is highly improbable fiat will continue to dominate and will never be replaced, by any other currency
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goldcoinminer
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October 28, 2016, 03:26:28 AM |
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Money will always be money. For the people is very important aspect of eye contact with your money. The fact that people keep their money in banks and are does not mean anything by using credit cards. But bitcoin will take its place in the financial sector but not replace real money.
I also agree with you that I believe bitcoin will have a great future as a currency later, but I do not think that bitcoin will dominate the currency itself and replace fiat, Its imposible thing you know ? it is highly improbable fiat will continue to dominate and will never be replaced, by any other currency Bitcoin is just a small platform and only popular for us but for the people with the level of the poor or those who are in poverty will never mind learning about bitcoin as their main concern is to make money for their basis needs and basically all they need is money (paper money) to survive.
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Babayega31
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October 28, 2016, 08:32:09 AM |
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Money will always be money. For the people is very important aspect of eye contact with your money. The fact that people keep their money in banks and are does not mean anything by using credit cards. But bitcoin will take its place in the financial sector but not replace real money.
I also agree with you that I believe bitcoin will have a great future as a currency later, but I do not think that bitcoin will dominate the currency itself and replace fiat, Its imposible thing you know ? it is highly improbable fiat will continue to dominate and will never be replaced, by any other currency Bitcoin is just a small platform and only popular for us but for the people with the level of the poor or those who are in poverty will never mind learning about bitcoin as their main concern is to make money for their basis needs and basically all they need is money (paper money) to survive. No, i think it wouldn't replace money because it does not have a form of cash denomination. Bitcoin will always be an internet protocol of cashless way of dealing with transactions online and everything through bitcoin transaction, money will always be money no other than any form. This bitcoin will be an online value of coin which yiu saved and there comes a money if you process it for cash out.
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lixer
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October 28, 2016, 06:35:36 PM |
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I now what could happen and that is not that the bitcoin is going totrplaces the money becuase the bitcoin exist out of the money and without the money the coin is worthless you know,.
It is hard to think or accept that bitcoin will replace the usage of fiat money. Because people used to it and many people still doesn't know about bitcoin so they must learn things about the bitcoin. So if bitcoin will replace the fiat money then how the government will stabilize and control the price and consumption of bitcoin by the people? Of course there would not be a total replace, if there is total replacement then that meanms there is no existence of government. If the government see that coming to pass, for sure they will ban all the activities that are relating to cryptocurrencies. Hence,the coexistance of the two would be a better option.
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ausbit
Legendary
Offline
Activity: 1330
Merit: 1019
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October 29, 2016, 02:33:53 AM |
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Bitcoin could replace the money but its from now real far a way if you ask me, due to the reason the bitcoin has to get a lot bigger if this would happen. I think with the future of the bitcoin is possible but it will take a couple of years maybe even more something near the 10 years.
Even if bitcoin gets more popular and bigger in future its unlike to see that it can ever replace a paper money which has support from the Government and the society and bitcoin will be always used as an secondary currency. I also think about it, If in future, bitcoin would be popular more, than no chance to replace the bitcoin into money, because now bitcoin is already going well, So we can guess in the coming time, bitcoin might be achieve more popularity than the countries who made the bitcoin they never want to change the bitcoin into paper money. I don't see any instance in the future that it will happen, paper money will remain popular than bitcoin because you cannot force all the people to use computer just to transact, we want instant and simple way to transact and only paper money can provide that on us. The world would be better if we are using both. Exactly, It is better for us that we use both currencies, Because fiat is fiat and crypto currency can't achieve the place of fiat currency. But crypto is crypto it is online currency, and fiat currency can't achieve the place of crypto. So it is better for us if we use both currencies and never think that fiat change into crypto and crypto change into fiat. Fiat is omnipresent but it is not going to fit in the modern world. People now are using their online payment processors with their credit cards and crypto-currencies which is the proof that people now want to use these digital systems not fiat.
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stepwilli
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October 29, 2016, 04:11:51 AM |
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Bitcoin could replace the money but its from now real far a way if you ask me, due to the reason the bitcoin has to get a lot bigger if this would happen. I think with the future of the bitcoin is possible but it will take a couple of years maybe even more something near the 10 years.
Even if bitcoin gets more popular and bigger in future its unlike to see that it can ever replace a paper money which has support from the Government and the society and bitcoin will be always used as an secondary currency. I also think about it, If in future, bitcoin would be popular more, than no chance to replace the bitcoin into money, because now bitcoin is already going well, So we can guess in the coming time, bitcoin might be achieve more popularity than the countries who made the bitcoin they never want to change the bitcoin into paper money. I don't see any instance in the future that it will happen, paper money will remain popular than bitcoin because you cannot force all the people to use computer just to transact, we want instant and simple way to transact and only paper money can provide that on us. The world would be better if we are using both. I do not agree that paper money will be more popular than bitcoin as paper money is limited only to the borders of their nation while bitcoin is a worldwide currency and people from all over the world are using this one currency.
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usefrees
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October 29, 2016, 09:50:42 AM |
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I now what could happen and that is not that the bitcoin is going totrplaces the money becuase the bitcoin exist out of the money and without the money the coin is worthless you know,.
It is hard to think or accept that bitcoin will replace the usage of fiat money. Because people used to it and many people still doesn't know about bitcoin so they must learn things about the bitcoin. So if bitcoin will replace the fiat money then how the government will stabilize and control the price and consumption of bitcoin by the people? Of course there would not be a total replace, if there is total replacement then that meanms there is no existence of government. If the government see that coming to pass, for sure they will ban all the activities that are relating to cryptocurrencies. Hence,the coexistance of the two would be a better option. Exactly, crypto will be a threat to their management because instead of getting some taxes from the people they will get nothing if most of the citizens of a country will shift into using bitcoin. And no one will ever get back into fiat when they are enjoying the usage of bitcoin and no taxes will be paid with bitcoin, so well that's possible. It is good that there is such opportunity now. Bitcoin - the currency in the interest of the people, not the government. This is a phenomenon. The main thing that the government could not prohibit cryptocurrency
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naidray
Legendary
Offline
Activity: 1232
Merit: 1029
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October 29, 2016, 10:03:53 AM |
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Bitcoin could replace the money but its from now real far a way if you ask me, due to the reason the bitcoin has to get a lot bigger if this would happen. I think with the future of the bitcoin is possible but it will take a couple of years maybe even more something near the 10 years.
Even if bitcoin gets more popular and bigger in future its unlike to see that it can ever replace a paper money which has support from the Government and the society and bitcoin will be always used as an secondary currency. I also think about it, If in future, bitcoin would be popular more, than no chance to replace the bitcoin into money, because now bitcoin is already going well, So we can guess in the coming time, bitcoin might be achieve more popularity than the countries who made the bitcoin they never want to change the bitcoin into paper money. I don't see any instance in the future that it will happen, paper money will remain popular than bitcoin because you cannot force all the people to use computer just to transact, we want instant and simple way to transact and only paper money can provide that on us. The world would be better if we are using both. I think the paper money will remain the same as they are because the governments are supporting it but at the same instant bitcoin will also be more popular like other currency because bitcoin is going to be a better currency of the future and everyone is adopting it for their use.
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X-ray
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October 29, 2016, 10:15:07 AM |
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I think the paper money will remain the same as they are because the governments are supporting it but at the same instant bitcoin will also be more popular like other currency because bitcoin is going to be a better currency of the future and everyone is adopting it for their use.
yeah government will always supporting paper money until the world is turning out to be digitalized and it will eventually happening in the future and government think that paper money is not effective anymore so government will stopped supporting it and trying out digital or cashless money
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Ryananda (OP)
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October 29, 2016, 10:18:24 AM |
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Bitcoin could replace the money but its from now real far a way if you ask me, due to the reason the bitcoin has to get a lot bigger if this would happen. I think with the future of the bitcoin is possible but it will take a couple of years maybe even more something near the 10 years.
Even if bitcoin gets more popular and bigger in future its unlike to see that it can ever replace a paper money which has support from the Government and the society and bitcoin will be always used as an secondary currency. I also think about it, If in future, bitcoin would be popular more, than no chance to replace the bitcoin into money, because now bitcoin is already going well, So we can guess in the coming time, bitcoin might be achieve more popularity than the countries who made the bitcoin they never want to change the bitcoin into paper money. I don't see any instance in the future that it will happen, paper money will remain popular than bitcoin because you cannot force all the people to use computer just to transact, we want instant and simple way to transact and only paper money can provide that on us. The world would be better if we are using both. I think the paper money will remain the same as they are because the governments are supporting it but at the same instant bitcoin will also be more popular like other currency because bitcoin is going to be a better currency of the future and everyone is adopting it for their use. Yeah maybe you're right, I think bitcoin will not replace the money but it will side by side. Progress bitcoin I think it will not affect the money let alone make it disappear. Due to the real-money transactions is very good and has been perfect, and for online transactions bitcoin could be the solution.
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Seccerius
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October 29, 2016, 10:27:49 AM |
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Bitcoin never replace fiat. The government will not allow it. It is not profitable.
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doomistake
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October 29, 2016, 11:17:02 AM |
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Yes, of course it is possible because bitcoin is the future money that would be gone globally. Since bitcoin would be the future money, the cash would be worthless and it would disappear if this thing would happen in the future. Most of the people right now are using bitcoin because bitcoin gives us a lot of advantages in life and it's price it really that good because it is always increasing everyday which is a good news to all of the bitcoin users around the world.
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Winter1986
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October 29, 2016, 03:12:47 PM |
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I can not imagine how there can be such that the money ceased to exist. The banking system as there will be, as will be money. Maybe banks will embrace lot of work blockchain, but that does not mean that they completely give way to cryptocurrency.
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wutard
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October 29, 2016, 03:46:09 PM |
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I think the paper money will remain the same as they are because the governments are supporting it but at the same instant bitcoin will also be more popular like other currency because bitcoin is going to be a better currency of the future and everyone is adopting it for their use.
yeah government will always supporting paper money until the world is turning out to be digitalized and it will eventually happening in the future and government think that paper money is not effective anymore so government will stopped supporting it and trying out digital or cashless money If you go to cut manufacturing costs and work against the counterfeiting of banknotes, then the transition to digital media money will be very fast. So in this regard cryptocurrency will exist constantly.
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rottenfruits
Newbie
Offline
Activity: 28
Merit: 0
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October 29, 2016, 05:31:53 PM |
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it could happen IMO, it wouldn't be anytime soon and most likely it would be a gradual process taking place over a period of time.. Bitcoin is a more practical way to conduct transactions than traditional money and therefore it would just make sense for it to take it's place.
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katrimans
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October 29, 2016, 09:01:58 PM |
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Bitcoin could replace the money but its from now real far a way if you ask me, due to the reason the bitcoin has to get a lot bigger if this would happen. I think with the future of the bitcoin is possible but it will take a couple of years maybe even more something near the 10 years.
Even if bitcoin gets more popular and bigger in future its unlike to see that it can ever replace a paper money which has support from the Government and the society and bitcoin will be always used as an secondary currency. I also think about it, If in future, bitcoin would be popular more, than no chance to replace the bitcoin into money, because now bitcoin is already going well, So we can guess in the coming time, bitcoin might be achieve more popularity than the countries who made the bitcoin they never want to change the bitcoin into paper money. I don't see any instance in the future that it will happen, paper money will remain popular than bitcoin because you cannot force all the people to use computer just to transact, we want instant and simple way to transact and only paper money can provide that on us. The world would be better if we are using both. Now every business is going to take the form of digital business like they are shifting to the digital world and everyone now like to work with digital system of payment and for that they are searching a more better system and that is fact that they will find bitcoin for that.
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