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Author Topic: Can bitcoin replace money?  (Read 8700 times)

Offline Bram Manis

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Re: Can bitcoin replace money?
« Reply #30 on: September 19, 2018, 11:29:55 PM »
I also think so, let both walking sides by side without fouling each other, because fiat money is also very valuable for a country because in it there is historical value and identity which will not be replaced.
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Re: Can bitcoin replace money?
« Reply #30 on: September 19, 2018, 11:29:55 PM »

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Re: Can bitcoin replace money?
« Reply #31 on: September 20, 2018, 12:15:01 AM »
The intension of creating btc is to act as digital cash, that is solely controlled by individuals without Government interference. "I stand to be corrected" if that's true, will it "bitcoin" be generally accepted as one united digital currency?

I think at the coming future when the price is more stable and the  bitcoin is not high volatile , I think bitcoin can replace money. Because block chain is the future technology.
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Re: Can bitcoin replace money?
« Reply #32 on: September 20, 2018, 12:19:43 AM »
The intension of creating btc is to act as digital cash, that is solely controlled by individuals without Government interference. "I stand to be corrected" if that's true, will it "bitcoin" be generally accepted as one united digital currency?

Of course, I believe bitcoin will replace money at the coming future. Bitcoin has potential to do that and bitcoin is the firts of crypto currency.
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Offline wanggober

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Re: Can bitcoin replace money?
« Reply #33 on: September 20, 2018, 05:14:36 AM »
In my opinion, bitcoin was created as an integrated digital currency but not all countries can accept bitcoin and some countries make their own digital currency

Offline Rivaldi Kunkun

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Re: Can bitcoin replace money?
« Reply #34 on: September 20, 2018, 06:18:04 AM »
without replacing the presence of money, bitcoin also already has the same function as money. It seems to me quite both mutually run side by side without having to replace each other. because money has a value that is very valuable for a country.





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Offline legend45

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Re: Can bitcoin replace money?
« Reply #35 on: September 20, 2018, 02:19:48 PM »
The intension of creating btc is to act as digital cash, that is solely controlled by individuals without Government interference. "I stand to be corrected" if that's true, will it "bitcoin" be generally accepted as one united digital currency?

I think It is difficult and will take several years. Maybe at the coming future when the price of bitcoin is more stable and more popular , Bitcoin will replace money.

Offline Barkas

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Re: Can bitcoin replace money?
« Reply #36 on: September 20, 2018, 03:03:35 PM »
maybe not, because not all countries want to accept the existence of bitcoin, moreover the value of bitcoin that is never stable is agreed when it can change ..

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Re: Can bitcoin replace money?
« Reply #36 on: September 20, 2018, 03:03:35 PM »


Offline desanti

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Re: Can bitcoin replace money?
« Reply #37 on: September 21, 2018, 02:45:16 AM »
bitcoin is only made for digital currency and will function as an online payment tool if you talk about bitcoin can replace paper money. I think it's impossible for now. because there are still many countries that do not accept bitcoin. even though it can replace paper money it will take several years to process it.

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Re: Can bitcoin replace money?
« Reply #38 on: September 21, 2018, 06:36:07 AM »
Time will tell about vthe future facts. As for now, everything seems under the possible to change. Alts bitcoin could be the one currency that can control the entire business world but still time will tell us.
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Re: Can bitcoin replace money?
« Reply #39 on: September 21, 2018, 06:48:17 AM »
This is so possible that Bitcoin will repleced money in the near future as we are approaching ti the new digital technology.With this,many investors will be benifited in it in terms of safe investments.I am hoping this will be done.
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Re: Can bitcoin replace money?
« Reply #40 on: September 21, 2018, 08:05:24 AM »
good to hear, but faint that happens because many people today are not wise to use bitcoin. If they were touched, they would not have been able to do so.
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Offline Quantum X

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Re: Can bitcoin replace money?
« Reply #41 on: September 21, 2018, 08:22:31 AM »
The intension of creating btc is to act as digital cash, that is solely controlled by individuals without Government interference. "I stand to be corrected" if that's true, will it "bitcoin" be generally accepted as one united digital currency?
I have a feeling before that bitcoin will replace the fiat money and be the global crypto currency. But I am now not sure if that will happen, maybe time will come that bitcoin be a global currency but will never replace the fiat since digital has always limitation same with fiat in there particular position.

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Re: Can bitcoin replace money?
« Reply #42 on: September 21, 2018, 08:50:30 AM »
The intension of creating btc is to act as digital cash, that is solely controlled by individuals without Government interference. "I stand to be corrected" if that's true, will it "bitcoin" be generally accepted as one united digital currency?

I think It will hapoen at the coming future. Bitcoin can replace money. Lets see.

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Re: Can bitcoin replace money?
« Reply #43 on: September 21, 2018, 09:18:18 AM »
The intension of creating btc is to act as digital cash, that is solely controlled by individuals without Government interference. "I stand to be corrected" if that's true, will it "bitcoin" be generally accepted as one united digital currency?

We don't know for the future but for now Bitcoin is good as alternative investment to earn more fiat currency for our actual spending but Bitcoin currency is already used as currency for direct spending in some countries like Japan and Germany so if these countries will become succesful of using it as currency then maybe many countries will follow until the whole world will consider it as currency for spending.
« Last Edit: September 21, 2018, 09:23:49 AM by marcsymons »

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Re: Can bitcoin replace money?
« Reply #44 on: September 21, 2018, 09:43:00 AM »
Bitcoin is not technically able to replace cash, but it is suitable as gold. I don't believe in the myth that cryptocurrencies can't be controlled.

 

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