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Author Topic: Do you think Bitcoin will surpass fiat money?  (Read 26999 times)

Offline Octoalts

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Re: Do you think Bitcoin will surpass fiat money?
« Reply #195 on: May 13, 2021, 04:00:26 PM »
Bitcoin provides many benefits to its holders, this will continue to increase public interest in owning it. And in the end, this Bitcoin will really be needed by the community, but for the Fiat payment instrument, it will still be in the lead. Because many people choose Bitcoin only for trading and investing.
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Re: Do you think Bitcoin will surpass fiat money?
« Reply #195 on: May 13, 2021, 04:00:26 PM »

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Re: Do you think Bitcoin will surpass fiat money?
« Reply #196 on: May 13, 2021, 04:55:33 PM »
Of course, bitcoin is now the leader for investment, and this trend will only grow. Bitcoin made the right choice for the exchange of fiat money, which led to disastrous consequences for some banks.
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Re: Do you think Bitcoin will surpass fiat money?
« Reply #197 on: May 25, 2021, 06:22:02 PM »
Bitcoin at this stage is best thought of as digital gold yet has many advantages. If inflation picks up, and more companies decide to diversify some small portion of their cash balances into bitcoin instead of cash, then the current relative trickle into bitcoin would become a torrent.

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Re: Do you think Bitcoin will surpass fiat money?
« Reply #198 on: May 30, 2021, 06:50:52 AM »
Surpass in what, quantity or quality, for me quantity yes quality no. We know to get bitcoin we need fiat and the end of process we also need it, they will run together in different line. Bitcoin have biggest value than fiat but for replacement need more time, hard work and also law to get there. Not all country support bitcoin but not for the technology, bitcoin change our life style but not our fiat.

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Re: Do you think Bitcoin will surpass fiat money?
« Reply #199 on: June 03, 2021, 09:32:30 PM »
I currently imagine Bitcoin. Because Bitcoin can be much more valuable worldwide. Bitcoin is currently the most popular currency. The currency is likely to gain more popularity around the world. For example, there are discussions going on in the cryptocurrency market about the Bitcoin currency. Since there is no more specific authority, various negative news are being removed. However, in the future Bitcoin may be used instead of money. So it is becoming much more popular all over the world.
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Re: Do you think Bitcoin will surpass fiat money?
« Reply #200 on: June 06, 2021, 03:17:43 PM »
USDT Is a popular currency worldwide.Bitcoin is so popular in today's world that everyone wants to use it.In the digital world everyone wants to use the digital currency Bitcoin.I think Bitcoin will reach a stage where Bitcoin will control the whole world.
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Re: Do you think Bitcoin will surpass fiat money?
« Reply #201 on: October 10, 2021, 08:41:47 AM »
yo I don't think bitcoin will ever surpass fiat currency mainly because of the fluctuation in the value of bitcoin. fiat currencies have an almost stable value unlike cryptos and that's why crypto will always be behind fiat. and what do we use to buy bitcoin? fiat currency, right? so that's just it.
About stable prices: what about stablecoins? But the fact that we buy a crypt for fiat is no longer a problem of the crypt itself, but this is accepted at the state level of each country. It was, but look at El Salvador. And this is not the last country where Bitcoin will be at the level of the national currency.
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Re: Do you think Bitcoin will surpass fiat money?
« Reply #201 on: October 10, 2021, 08:41:47 AM »


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Re: Do you think Bitcoin will surpass fiat money?
« Reply #202 on: October 14, 2021, 03:29:41 PM »
Bitcoin is one of the most important issues in modern civilization, where the central bank of the developed world is recognizing bitcoin transactions as well.  They are using be bitcoin instead of fiat currency. So we strongly recommend that fiat moneyMust be replaced by Bitcoin.

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Re: Do you think Bitcoin will surpass fiat money?
« Reply #203 on: October 15, 2021, 08:38:44 AM »
Passing Fiat by digital assets can happen because Bitcoin has a very large marketcap and even this Bitcoin marketcap beats Fiat from various countries because Bitcoin's marketcap is in the top 10 rankings.
I'm also sure that someday Bitcoin will have a bigger marketcap, considering that there are now a lot of Bitcoins being traded throughout this vast world.
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Re: Do you think Bitcoin will surpass fiat money?
« Reply #204 on: October 15, 2021, 11:35:54 AM »
I am seeing a bigger future for bitcoin over faits money, and if the adoptions continued with the recent trends, I see bitcoin dominating fiat. I am of the opinion that the possible dominance has caused China constantly cracking down bitcoin. Obviously, many countries are afraid of bitcoin dominance while many countries had legalised bitcoin. The provability for bitcoin becoming a dominance digital currency over fiats may become a reality in near future.

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Offline William Kane

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Re: Do you think Bitcoin will surpass fiat money?
« Reply #205 on: October 15, 2021, 11:58:17 AM »
Why does Bitcoin need to surpass Fiat? I don't think it is needed and it is a bit hard to happen. I am not sure if we can manage finance without Fiat at all. In my opinion, Bitcoin is an option to support the world's economy and financial sector. It makes sense as Fiat has some weaknesses nowadays. People need transparency and fast transaction world wide. Bitcoin offers the solution, even it doesn't need the third party and can be sent at any time.
Wow, it's ideal great! It's possible!

Offline Alcor

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Re: Do you think Bitcoin will surpass fiat money?
« Reply #206 on: October 15, 2021, 08:12:10 PM »
Bitcoin cannot compete with the currencies of states. And there are relatively few criteria for such a competition. While it is possible to judge the capitalization, that is, the amount of money invested in this cryptocurrency. However, the paper money supply of all states will still be larger, even though the amount of paper money should fall due to the trend towards the digitalization of fiat. In addition, states have a lot of leverage over Bitcoin and other cryptocurrencies, so the competition will not be in favor of the cryptocurrency. It is better for it to coexist peacefully with fiat, including in its paper form.

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Offline XM8

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Re: Do you think Bitcoin will surpass fiat money?
« Reply #207 on: October 16, 2021, 05:47:30 PM »
I think if Bitcoin can spread to all countries then the popularity of Bitcoin will increase a lot.  And people will trade with bitcoin instead of paper money.  But I don't think the whole world will accept Bitcoin.  Because the governments of different countries are still negative about bitcoin.
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Online I-Bit

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Re: Do you think Bitcoin will surpass fiat money?
« Reply #208 on: October 16, 2021, 11:43:41 PM »
I see bitcoin dominating fiat.
What do you mean? People prefer to use Bitcoin as a payment tool than using fiats?
In my opinion, people won't leave fiats as an easy payment tool. People have been using fiats as a payment tool for many years. I cannot imagine if people didn't use it again in the future, Bitcoin cannot be used at any place, it needs a network.

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Re: Do you think Bitcoin will surpass fiat money?
« Reply #209 on: October 23, 2021, 03:19:39 AM »
I think this is too difficult because many governments are acting against the cryptocurrencies but some countries are trying making own digital currency and BTC is high volatility coin but nowadays many people are adopting the digital currencies and digital payments systems so in future anything can happen.
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