Can dollar be replaced?

[Rehan Zakir]

There was a claim that China want their currency which is yuan to replace the US dollar as the worlds global currency. That would give it more control over its economy. sometimes I just be wondering how this countries always push their own currency in the forefront ahead of other country, regarding to what China is saying about their yuan currency in trying to make it gain more value than US dollar. Base on your own opinion can that be possible?

I think it's impossible in my own perception. We all know how powerful the Government of USA country. US dollar is always remains world global currency at this time, while nobody could compare their power.

But brother Bitcoin is the currency that has the potential to beat the Dollar and other currencies. Because it is not a native currency of a country. It is a block chain based decentralized currency that no one can holds this currency. And every country invest money in Bitcoin. So, Bitcoin can becomes the global currency of the world.

[eldial]

No it is very impossible dollar be replaced because it will be implemented  in all the countries  especially in the europe and it will be agreed by the government cabinet members to used one of this kind of money.

[gurunanakji777]

No, because the worldwide Dollar is the main currency or we can say the medium of exchange against the goods. China is trying hard to pushing its Yuan but the fact is Dollar is acceptable worldwide instead of Yuan. No doubt China is growing quickly but he could not convince other countries to trade only in Yuan still Dollar is in top demand.

[WWW1959]

The dollar can be replaced when 100% of the world's goods can be bought for cryptocurrency, including oil and gas. But it could cause an economic and financial crisis around the world.

[Bliznec]

Creating something to replace the dollar - why, for what purpose to do it. Euro, dollar, ruble are everyday life. It is quite possible to replace it with digital currency.

[legend45]

There was a claim that China want their currency which is yuan to replace the US dollar as the worlds global currency. That would give it more control over its economy. sometimes I just be wondering how this countries always push their own currency in the forefront ahead of other country, regarding to what China is saying about their yuan currency in trying to make it gain more value than US dollar. Base on your own opinion can that be possible?

I have read many big brother opinion here said dollar is really difficult be replaced. Because US government will keep and against it. Dollar is very popular but I also agree anything can happen at crypto space  . Because digital currency is the future currency.

[labonikhatun]

Replacing the dollar is a really difficult thing the united states wanted to replace the dollar to protect its own interests but in the case of cryptocurrencies, no one can control it. Even if you introduce your own country's currency it will take a long time to become popular.

[Carbitcoin]

Replacing the dollar is a really difficult thing the united states wanted to replace the dollar to protect its own interests but in the case of cryptocurrencies, no one can control it. Even if you introduce your own country's currency it will take a long time to become popular.

of course any country would like to have its national currency strong enough to be used as an international currency, like the United States dollar. but for this one really needs to have not only a strong economy, but also a sufficiently large influence throughout the world, in political, economic and financial terms. Perhaps even militarily. recently, there has been a very frequent discussion of a competition between the dollar and the Chinese yuan.

[Fivestar4everMVP]

China has been doing very well in terms of economic development and growth, and I believe that this is how a countries currency gets valuable, but for China to stand up now and want their yuan currency to replace united states dollars, I won't say it's impossible but its definitely not going to be an easy one, and even if this is ever going to happen, it will take several tens of years, the entire would have already recognized united states dollars as the global currency, it will take a lot of time to change this.

[Lanirex]

It will be difficult to replace the dollar, because this currency is very popular. Besides that, the excess of the dollar is that this currency can be accepted and used almost all over the world, while Bitcoin and Cryptocurrency are still many countries that reject it.

[Unbunplease]

Rather, USDT will replace the dollar than the dollar will disappear.  It is very doubtful that the US will give up without a fight.  This is my opinion.

[alltalk]

There was a claim that China want their currency which is yuan to replace the US dollar as the worlds global currency.

It is just a claim, in fact dollar is still difficult to be replaced with other currencies. I never say it is impossible, but it needs a lot of time to replace dollars. By the way, personally, I have no problem with the dollar, or with other currencies that can be replaced dollar. I just think about when the time to replace it, or probably dollar will last to be the most important currency to use. It is still hard to predict, mate!

[therozaq]

There was a claim that China want their currency which is yuan to replace the US dollar as the worlds global currency.

It is just a claim, in fact dollar is still difficult to be replaced with other currencies. I never say it is impossible, but it needs a lot of time to replace dollars. By the way, personally, I have no problem with the dollar, or with other currencies that can be replaced dollar. I just think about when the time to replace it, or probably dollar will last to be the most important currency to use. It is still hard to predict, mate!

I agree with you mate, Dollar is still difficult to be replaced with other currency.  Chinese is the biggest economic ,but dollar is ore popular than yuan. Maybe at the coming future, we will see dyhe digital currency replace dollar.

[aiviaa485]

There are a lot of US Dollar marektcap and it may be difficult for cryptocurrency to pass and if it happens it will definitely take a long time to be created like that.
I also believe this cryptocurrency can be what we want because cryptocurrency is not centralized and can change over time.

[Anonylz]

There was a claim that China want their currency which is yuan to replace the US dollar as the worlds global currency.

It is just a claim, in fact dollar is still difficult to be replaced with other currencies. I never say it is impossible, but it needs a lot of time to replace dollars. By the way, personally, I have no problem with the dollar, or with other currencies that can be replaced dollar. I just think about when the time to replace it, or probably dollar will last to be the most important currency to use. It is still hard to predict, mate!

I agree with you too but I really dont see any Fiat currency replacing Dollar in the near future let alone cryptocurrency. You realize that means, the UAS have lost their economic power to a digital currency and that goes for other countries too because if the Dollar is what most if not all countries measure their currency by and it is now replaced by the Dollar, what do you think will happen to the other currencies? So I dont think this is happening any time soon.
I agree with you mate, Dollar is still difficult to be replaced with other currency.  Chinese is the biggest economic ,but dollar is ore popular than yuan. Maybe at the coming future, we will see dyhe digital currency replace dollar.