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Question: Could bitcoins ever replace conventional money?  (Voting closed: September 20, 2014, 11:21:10 AM)
How safe are the transaction? - 2 (50%)
How about getting scammed? - 2 (50%)
Total Voters: 4

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Author Topic: Bitcoins replacing real curency?  (Read 1626 times)
ikydesu
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September 17, 2014, 05:03:05 PM
 #21

the answer is simple

NO

because cryptocurrency like a baby and real currency, they born 10.000 years ago.
Grin
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September 17, 2014, 05:09:15 PM
 #22


I wouldn't ask the question "if" crypto will replace fiat money, I would ask the question, "WHEN" will crypto render fiat obsolete?

The answer to that question is possibly "Not in my lifetime".
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September 17, 2014, 05:20:10 PM
 #23

Worst poll. Ever.
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September 17, 2014, 05:23:19 PM
 #24


I wouldn't ask the question "if" crypto will replace fiat money, I would ask the question, "WHEN" will crypto render fiat obsolete?

The answer to that question is possibly "Not in my lifetime".
I agree. At least not completely. Government fiat makes up just too much of overall economic transactions for this to happen anytime soon. To put this in perspective, it is estimated that dollar transactions are in the trillions of dollars worth per day while bitcoin related transactions are only in the millions of dollars worth per day.
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September 17, 2014, 11:23:37 PM
 #25

nothing can replace fiat, just like, gold was once fiat but never replaced true fiat.  does that make sense?

No, that makes absolutely no sense. Gold was never -- in any way whatsoever -- fiat.

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September 17, 2014, 11:48:12 PM
 #26

wow. what a noob. its hurting

LMAO!  Grin
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September 17, 2014, 11:53:16 PM
 #27

Could bitcoins ever replace conventional money? How safe would these transactions be from being scammed?
The poll made no sense
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