Do you think bitcoin can end the dollar’s reign?

[Bobcrypto]

I am just being curious here, guys with the increasing interest on bitcoin/altcoins this days, I think the dollar era may deminish or possibly come to an end some day.
The dollar has been the world’s reserve currency for 100 years, but fearful that central banks led by the US Federal Reserve are debasing the value of their currencies, many people have bought bitcoin in bulk since early this year, and hopefully more prominent persons may come on board the the crypto space. Do you think the era of the dollar may end in near future? Thanks for your thought.

[Callisto]

This reasoning is very interesting, because nothing can last forever, the cryptocurrency world is growing in terms of capitalization around the world, and the hype around Bitcoin can be compared with some popular rock star. Old man cue ball, I think he will still show his strength in the world economy.

[H2O]

Bitcoin is undoubtedly a popular coin.  USDT on the other hand is a stable coin.  In my opinion a big coin like USD cannot end the reign of Bitcoin.  Bitcoin's popularity exists only in a few countries but USDT is gaining popularity all over the world.  Coins like bitcoins cannot end the USDT reign.

[Andruha1993]

I don't think this will happen. The dollar is actually the world currency and it seems to me that they will just compete with Bitcoin all the time.

[zilzylian]

After Paypal announced free crypto deposits and trading for a while on their platform, I think crypto will become more and more popular and more and more users will choose crypto coins for transactions.
dollars will be used forever because every platform accepts payments using dollars, we can only wait and use crypto to transact so that the need for dollars decreases

[Ace H Knows]

I am just being curious here, guys with the increasing interest on bitcoin/altcoins this days, I think the dollar era may deminish or possibly come to an end some day.
The dollar has been the world’s reserve currency for 100 years, but fearful that central banks led by the US Federal Reserve are debasing the value of their currencies, many people have bought bitcoin in bulk since early this year, and hopefully more prominent persons may come on board the the crypto space. Do you think the era of the dollar may end in near future? Thanks for your thought.

For now, in our present time I think it's not possible, But in the future maybe, but still uncertain, Because there's a lot of things to be considered including the technological advancement that was happening in our time like quantum computing development which is considered a treat to the Bitcoin and the whole cryptocurrency security.

[Pitter]

I am just being curious here, guys with the increasing interest on bitcoin/altcoins this days, I think the dollar era may deminish or possibly come to an end some day.
The dollar has been the world’s reserve currency for 100 years, but fearful that central banks led by the US Federal Reserve are debasing the value of their currencies, many people have bought bitcoin in bulk since early this year, and hopefully more prominent persons may come on board the the crypto space. Do you think the era of the dollar may end in near future? Thanks for your thought.

If we look at back 100 years world economy was not same .when dollar store in bank and the powerful countries finance standard value was dollar till now  for reserve in every bank that time dollar reign whole world. The system was started the first century . Now the time is revolution people want change to the economy system for excellency but people could not be inventing the technology . Crypto currency and blockchain technology give people to that changes which change the whole world wanted for this reason it would be possible to reign upon the dollar in near future .

[masterrex]

I am just being curious here, guys with the increasing interest on bitcoin/altcoins this days, I think the dollar era may deminish or possibly come to an end some day.
The dollar has been the world’s reserve currency for 100 years, but fearful that central banks led by the US Federal Reserve are debasing the value of their currencies, many people have bought bitcoin in bulk since early this year, and hopefully more prominent persons may come on board the the crypto space. Do you think the era of the dollar may end in near future? Thanks for your thought.

IMO, I think within 20-30 years the *dollar/fiat paper money) will be still an international currency. Because there's a lot of factors that we might consider like, how about if the US Fed reserve will innovate and started to use Blockchain and released a digital version of the dollar with our current pace of the global technological development I must say that it's not far from happening like the other countries were already doing in the form of CBDC, Thats why I believe Bitcoin will not replace Fiat/dollar but instead they will be both used in different functions/purposes.   

[Emircan]

This reasoning is very interesting, because nothing can last forever, the cryptocurrency world is growing in terms of capitalization around the world, and the hype around Bitcoin can be compared with some popular rock star. Old man cue ball, I think he will still show his strength in the world economy.

In the future, no one knows. but I do believe that every day cryptocurrencies are getting more and more popular. The future is wide open for zero cryptocurrencies. new currencies are taking my mind off but I see some risks from it, why should you invest in new currencies?

[dekafee79]

This reasoning is very interesting, because nothing can last forever, the cryptocurrency world is growing in terms of capitalization around the world, and the hype around Bitcoin can be compared with some popular rock star. Old man cue ball, I think he will still show his strength in the world economy.

In the future, no one knows. but I do believe that every day cryptocurrencies are getting more and more popular. The future is wide open for zero cryptocurrencies. new currencies are taking my mind off but I see some risks from it, why should you invest in new currencies?

I agree mate, I think everything will be possible at the coming future. We don't what will happen at the next future. I think Crypto currency is the future currency. Bitcoin is pioneer of Crypto and I believe bitcoin has potential to replace dollars at the coming future.

[robert20]

I think the era of Dollar will not end soon. If all countries accept Crypto they will make their own. They may use Bitcoin as a reserve just like they are using gold now.

[flyaccount]

Bitcoin is currently having a considerable influence on the dollar economy, especially. This is because more and more people are joining crypto and in particular Bitcoin. But I don't think I can stop my dollars reign. Because the range of dollars is not only Bitcoin but very broad.

[densus88]

I think the era of Dollar will not end soon. If all countries accept Crypto they will make their own. They may use Bitcoin as a reserve just like they are using gold now.

Yes, dollar era will exist for several years again. But I think we also think teh digital era will come soon. When digital era come, I think bitcoin will replace dollar and many Altcoins will replace fiat money. I believe It will happen at the coming future.

[Fenix]

If the era of the dollar ends, it will not be because of bitcoin and other cryptocurrencies.  This will happen because the dollar will become ineffective and will be replaced by another government currency.  Bitcoin or other decentralized cryptocurrency is not capable of becoming a global world currency that will be used by all states in international settlements.  States will move to use their digitized central bank currencies, as well as various regional stablecoins of states.  States will legalize decentralized cryptocurrency, but will not actively support it.

[The Legend]

I am just being curious here, guys with the increasing interest on bitcoin/altcoins this days, I think the dollar era may deminish or possibly come to an end some day.
The dollar has been the world’s reserve currency for 100 years, but fearful that central banks led by the US Federal Reserve are debasing the value of their currencies, many people have bought bitcoin in bulk since early this year, and hopefully more prominent persons may come on board the the crypto space. Do you think the era of the dollar may end in near future? Thanks for your thought.

Dollar or other fiat will never going to die. Because people need also paper money in future for daily necessary stuffs. I can't even imagine a single day without fiat.