Is there any chances Bitcoin can replace fiat currency?

[Dark_raven007]

Has no chance. Many do not trust her. Many because of age or something else can not handle it. In our world, all products are tied for currency. in general, if ever this happens, it will not be soon.

[bunny0612]

It can not replace fiat, the government does not allow that to happen. Because they can't control it, i think btc is considered an asset to collect tães.

[ryanben]

This isn't possible, it can only resonate for each other to coexist. It's like the gold market, but here's about the financial technology

[munify]

Hi guys is there any chances bitcoin will replace fiat currency.

I do not think it will happen, bitcoin replaces fiat money, fiat currency will still exist because behind the fiat money there is government, and that will make fiat money still exist.

[tom14cat14]

Hi guys is there any chances bitcoin will replace fiat currency.

Chance? We are here to do that  of course it can otherwise there will not be that much interest around BTC, I think that chances that happen is already more than 50% and it will be world wide accepted by 2020.

[Cocojam0610]

The possibility for this to happen is huge that we can possibly see it sooner a few years from now. Most of the big companies from different fields now are looking into how they can use the blockchain technology to benefit from it and I think this will drive that possibility sooner than we expect.

[Stimah22]

My answer will always be NO because the use of Bitcoin require educative knowledge which not everyone has, also the volatility of bitcoin to money is scary, no one can boldly predict the future price of Bitcoin which also make it not to be compared with money. So there is NO any chance of cryptos replacing fiat currencies.

[reybaron]

I think in this HighTech generation, it's possible. People are engaging and learning more about digital currency or cryptocurrency. So if bitcoin will continue to rise and they're more interested to get in, then fiat currencies are no longer needed.

[Spiero7]

I have always say this and believe in its possibility that one day we are all gonna see this happen. I believe in Blockchain technology as the future, thus, it is very much possible for crypto to replace Fiat currencies.

[Conte_Forni]

No, this can not be! This is not necessary! Each has its own function !!!

[democity]

I don't think it is possible for any country to choose a coin that they cannot control to become the legal tender of their country, which can only be counted as a means of circulation. That would bring disaster, which is obvious.

[Flor1982]

Hi guys is there any chances bitcoin will replace fiat currency.

There is possibilty but it will takes times like years because majority of the whole world population are poor in which they have already very convenient to use the fiat money that even the children can use it instantly unlike Bitcoin currency in which not all people know how to use it and its need the power of internet on every transactions in which also an issue because internet is very limited to explore the whole world specially in poor countries.

[acell101]

Hi guys is there any chances bitcoin will replace fiat currency.

I guess no chance at all. bitcoin is far different from crypto. they have different qualities and functions.. Bitcoin will remain the number one crypto but replacing fiat like money we can easily get from our pocket or wallet is very far from reality.

[Muwatti]

Its very hard to know but we know that soon it will happen... The Bitcoin will gain its popularity and soon every country will recognize it...  Especially now that every country are adopting it...  It is part of modernization we can't escape from it...  Its part of the changes... Soon everyone will adopt it to survive....

[kurdapyo]

better if not, but it is good that virtual money exist.  Our fiat money right from the  start are being controlled and its value are stable thus was easy to manage and controllable while virtual money came in different and unstable price, but, its good that bitcoin exist because its a source of extra income

[BTR Community]

Dear,digital currencies and fiat currencies are very differentBTC

[BTR Community]

The possibility for this to happen is huge that we can possibly see it sooner a few years from now. Most of the big companies from different fields now are looking into how they can use the blockchain technology to benefit from it and I think this will drive that possibility sooner than we expect.

 

[Princessjilian]

For me, theres no chances that bitcoin will replace fiat currency. Because not all our transaction that we made needs intern8 connections. We all know that bitcoin dominates the world of crypto currencies but it again it cannot replace the fiat money.

[traderethereum]

For me, theres no chances that bitcoin will replace fiat currency. Because not all our transaction that we made needs intern8 connections. We all know that bitcoin dominates the world of crypto currencies but it again it cannot replace the fiat money.

not now, the government is not ready yet to use cryptocurrency and they need to prepare many things before the cryptocurrency is accepted as a new currency. but I have optimistic to see the cryptocurrency to be used in our life and the chances is wide open for cryptocurrency especially if one country is success to applied cryptocurrency in their daily life. maybe in the future, after everything is set it up, cryptocurrency can work together with fiat and not replace fiat currency.

[amitkumratra]

Bitcoin will use as a alternative payment method but it could not replace the Fiat currency. Because Bitcoin will not used without internet and also it is not able to use on small shops for buying goods.
And the second thing is that, all countries of world not agreed to make Bitcoin legal and there is no possibility that all countries can not adopt Bitcoin as there country currency.