Do you think Bitcoin will surpass fiat money?

[atjiat]

Due to the coronavirus and the problems that come to every country, economies are hit hard. Today we are in another economic crisis that is practically destroying fiat money. National currencies are depreciating, and this fact once again proves their weakness. in the context of all accompanying events, society sees it in cryptocurrencies as the only salvation.

[Arendra]

Until whenever I don't think Bitcoin will be able to replace fiat. And indeed this Bitcoin will be a means of investment only. It may be possible to pay for some things but it won't be global. Because it will definitely be difficult to accept Bitcoin as fiat.

[msz900]

what do you think guys?

Actually, in terms of speed and availability, it's already crossed by Bitcoin but in terms of stability, it won't cross the Fait money. The issue in the cryptocurrency is stability.

[Arkann]

what do you think guys?

Actually, in terms of speed and availability, it's already crossed by Bitcoin but in terms of stability, it won't cross the Fait money. The issue in the cryptocurrency is stability.

Even with the high transaction costs and scalability issues, many cryptocurrency users have already seen the real benefits of using bitcoin. firstly, it is one of the most demanded cryptocurrency market, which does not raise any doubts, and also makes it possible to preserve your savings, without the control of government agencies.

[lepbagong]

Until whenever I don't think Bitcoin will be able to replace fiat. And indeed this Bitcoin will be a means of investment only. It may be possible to pay for some things but it won't be global. Because it will definitely be difficult to accept Bitcoin as fiat.

true, with a clearly different system would need something to replace fiat. but it is very likely that it will not be realized in any way because of these differences even though it may be for the same purpose.
bitcoin is a form that is not visible to the naked eye not in the form of a different object from fiat which is a tangible form and can be felt.
because in certain cases people still need to use fiat and not necessarily the system that can be done by bitcoin.
let two different systems not be put together but instead to complement each other.

[Hisbullah]

what do you think guys?

Maybe , We will see bitcoin will surpass fiat money at the coming future. But It will take several years again. Because I the the government will against bitcoin, If thats happen. Every government have own fiat money. It is the reason why.

[mahadev]

what do you think guys?

Yes It can. I believe bitcoin will surpass fiat money. By seeing the bitcoin technology I think at the coming future bitcoin will more be needed by all government and will surpass fiat money. Maybe not bitcoin but block chain technology will be adopted.

[Casual]

Bitcoin is a digital currency or virtual currency. What does it actually mean or is the transaction through the bank but the government has no support. Because when banks or other systems are introduced, taxes have to be paid officially.  But Bitcoin doesn't give it away. If it is introduced, I think it would be better to pay taxes to the government.

[nakmantu99]

what do you think guys?

I don't believe it will happen mate, I think government will against bitcoin when they know bitcoin will surpass their fiat money. Every countries has own fiat money, I predict at the coming future every countries will have own crypto currency.

[masudginanjar]

It's definitely like that because to beat Fiat money is very difficult.
Even gold couldn't beat Fiat money at this point, even though Gold was widely held all over the country.

Bitcoin will remain Bitcoin and it is impossible to overtake Fiat because they are mutually sustainable.

[Trumpet]

Bitcoin, however, has already taken us all by surprise.The market for Bitcoin and its rising value has always surprised us.Bitcoin has shown today what we never imagined. Bitcoin will surprise us more in this way.Because Bitcoin but cryptocurrency has already taken a big position.

[DAMKAR]

It's definitely like that because to beat Fiat money is very difficult.
Even gold couldn't beat Fiat money at this point, even though Gold was widely held all over the country.

Bitcoin will remain Bitcoin and it is impossible to overtake Fiat because they are mutually sustainable.

I agree with your opinion mate, Bitcoin will remain Bitcoin and it is impossible to overtake Fiat . I think bitcoin will be always digital assets and really difficult to surpass fiat money. I believe crypto currency will have great future, but not replace fiat money.

[pealr12]

what do you think guys?

Maybe you should start by telling us why you think btc will surpass fiat money,
Perhaps you seem to be forgotten that btc is digital currency and fiat is hard currency, btc is an alternative mod of payment, fiat is the globally accepted mode of payment, plus they have a distinctive features,
No I don't think btc will surpass fiat currency.

[Sammy9ce]

Of course bitcoin can surpass the fiat money, in terms of purchase power bitcoin has surpassed fiat by a thousand miles, while in terms of excessive supply fiat money wins, since the feds ain't tired of printing the paper money where as Bitcoin has a fixed supply and this gives it more value than the fiat.

[Damrai5$]

The way Bitcoin is growing has broken all-time records. The Bitcoin price peaked in 2021 and what is expected is that in a few days Bitcoin will hit  75k dollars. Cryptocurrency is gaining popularity all over the world. Almost all transactions are done through cryptocurrency. Even then I think money will be needed.