Can BTC replace our fiat cash?

[MelchiZedek]

Bitcoin cannot replace fiat currency without being controlled by the government. And one of the main ideas backing bitcoin is the idea of decentralization. Also, this will be highly difficult in areas with low literacy and technology.

[felixesteban]

This is very difficult to happen, traditional banking systems and the dollar are too strong to be easily defeated. So it's not right to set such targets for bitcoin. All crypto marketcap are also very small compared to Fiat cashs. I belive, it's not even seen as a serious threat, right now , but in future, can this situation  change? Of course, nothing is impossible.

[akitha]

It can replace, as long as the government will accept bitcoin as currency, not now but probably in the near future

[dominoes]

It will happen if the world leaders discuss this matter. If bitcoin replace fiat then we assume that it will be the era of bitcoin.

[Redhead5]

Do you think BTC can replace Fiat money?

There is probability that bitcoin can replace fiat cash in the future because there is nothing impossible with the evolution of technology now. But it might be takes a long time before it will happen.

[Alcor]

Do you think BTC can replace Fiat money?

No state, I think, will allow any decentralized crypto currency to replace its national money. First, due to the fact that it is uncontrollable for the government, secondly, it does not reflect the real state of its economy, and thirdly, it has greater volatility, which simply will not allow it to be used normally as money. If decentralized crypto currency will go in place of national money, it will quickly unbalance its economy. Therefore, decentralized crypto currency is only able to squeeze out the national money and can only go in parallel with them.

[dmitriybulatov]

It depends on us. Infrastructure development. The rich are not the ones who mine the gold, but the ones who sold him the shovel

[jbc081475]

Even though it's too early to tell but it seems that the future is already revealed that in the fullness of time crypto currency will replace the fiat money but it is not clear if bitcoin is the one that will take over the place if fiat.It will replace cash if the people let bitcoin as the main currency.

[altery0518]

no and its impossible because using bicoin as payment requires internet connection unlike fiat that you canperform transaction at anytime.

[Fenix]

It can replace, as long as the government will accept bitcoin as currency, not now but probably in the near future

Bitcoin is not capable of replacing cash. In addition, no state will ever decide to abolish its national currency and switch its economy to use a decentralized cryptocurrency. This would quickly deregulate the economy of any strong state. Decentralized cryptocurrency can move in parallel with the currency of states, but not replace it.

[Pirate]

No, because BTC price movements are very difficult to control, and of course will disrupt a country's financial system, BTC is only suitable as an alternative.

[jakasantosa]

I think bitcoin is only an option for payment other than fiat cash. because as an option, it is impossible for bitcoin to replace fiat cash.

[sampoerna]

I don't think Bitcoin will replace fiat, it just becomes one of the currency in the world. Replacing fiat is almost impossible because if is already be a part of human life. I think Bitcoin just becomes another currency in the future. It was what Satoshi stated in the WP of Bitcoin. I think it can be true in the future.

[ashraf786100]

Cryptocurrencies are a number of types, they are not issued by any government, And it is difficult for BTC to implement it in any country because it is difficult that BTC will be a fast money but in some cases BTC may charge a fee to buy our items online and some There is also a BTC in the country as a payment. But it doesn't have to be fast money.

[Michael.sol]

Crypto is better for online transcation to avoid high fees .
I didn't think that this is possible that crypto replace fait because Crypto is a online currency as well it's price didn't stable at any time . Many users feel difficulty while they used them . Alot of people surely going to be spammed by hackers .