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Author Topic: Do you think bitcoin can end the dollar’s reign?  (Read 10228 times)

Offline sugarchrisp

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Re: Do you think bitcoin can end the dollar’s reign?
« Reply #105 on: February 03, 2021, 05:16:03 PM »
It is very difficult to get away from the dollar, whoever says what, but there is a real economy behind it, and behind Bitcoin there is only trust and great technologies!
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Re: Do you think bitcoin can end the dollar’s reign?
« Reply #105 on: February 03, 2021, 05:16:03 PM »

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Re: Do you think bitcoin can end the dollar’s reign?
« Reply #106 on: February 03, 2021, 05:58:41 PM »
It is very difficult to get away from the dollar, whoever says what, but there is a real economy behind it, and behind Bitcoin there is only trust and great technologies!

yes, it must be distinguished because the dollar and bitcoin are two very different sides even though they are equally valuable. but a system that distinguishes between the two and cannot outperform each other, but instead can provide mutual convenience so that all transactions can run well.
this difference will make them need each other and it will work naturally.

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Re: Do you think bitcoin can end the dollar’s reign?
« Reply #107 on: February 03, 2021, 11:57:02 PM »
It is very difficult to get away from the dollar, whoever says what, but there is a real economy behind it, and behind Bitcoin there is only trust and great technologies!

yes, it must be distinguished because the dollar and bitcoin are two very different sides even though they are equally valuable. but a system that distinguishes between the two and cannot outperform each other, but instead can provide mutual convenience so that all transactions can run well.
this difference will make them need each other and it will work naturally.

That's right bitcoin and gold are different sides. Bitcoin is digital currency and gold is real asset.  also believe bitcoin and gold have different communities. But I believe bitcoin will be more popular than gold at the coming future.

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Re: Do you think bitcoin can end the dollar’s reign?
« Reply #108 on: February 04, 2021, 04:07:01 AM »
I don't think Bitcoin can end the value of the dollar. It is true that the popularity of Bitcoin is increasing day by day.Bengali Bitcoin is currently being legalized in most countries of the world. Not that Bitcoin will reduce the weight of the dollar.You may have realized that cryptocurrency transactions are not possible everywhere. But with dollars you can easily transact anywhere in any situation.
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Re: Do you think bitcoin can end the dollar’s reign?
« Reply #109 on: February 05, 2021, 03:41:10 AM »
Different investors have bought the most bit this year. A new record was set this year. He thinks that the price of Bitcoin can go up a lot in the future. There are many benefits to using a car. This year, more people can come to buy bitcoin.
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Offline Doctor

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Re: Do you think bitcoin can end the dollar’s reign?
« Reply #110 on: February 05, 2021, 05:43:51 AM »
I don't think Bitcoin can end the value of the dollar. It is true that the popularity of Bitcoin is increasing day by day.Bengali Bitcoin is currently being legalized in most countries of the world. Not that Bitcoin will reduce the weight of the dollar.You may have realized that cryptocurrency transactions are not possible everywhere. But with dollars you can easily transact anywhere in any situation.

You're are right, I also don't believe bitcoin can end the dollar. Dollar is more popular and has been used by many people at the world. I think It was be habits, So that's really difficult to change it.  maybe at the coming, It would be

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Offline Ghozrd

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Re: Do you think bitcoin can end the dollar’s reign?
« Reply #111 on: February 05, 2021, 06:28:32 AM »
I don't think the era of the dollar will collapse, it will hurt many developed countries that have accepted the dollar as a tradable currency and can be used in all world banks.
Bitcoin will be a digital asset that will be recognized by all countries, one day I believe both of them can be used together for cross-bank transactions and the dollar will still exist
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Re: Do you think bitcoin can end the dollar’s reign?
« Reply #111 on: February 05, 2021, 06:28:32 AM »


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Re: Do you think bitcoin can end the dollar’s reign?
« Reply #112 on: February 05, 2021, 08:58:26 AM »
Dollar will be accepted in most of the countries as a tradable coins and measuring their financial performance based on Dollar. Bitcoin will survive and be accepted by most of the people of the world in the near future but it can't decay the reign of Dollar. How is it possible?

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Re: Do you think bitcoin can end the dollar’s reign?
« Reply #113 on: February 05, 2021, 11:04:31 AM »
It is very difficult to get away from the dollar, whoever says what, but there is a real economy behind it, and behind Bitcoin there is only trust and great technologies!

yes, it must be distinguished because the dollar and bitcoin are two very different sides even though they are equally valuable. but a system that distinguishes between the two and cannot outperform each other, but instead can provide mutual convenience so that all transactions can run well.
this difference will make them need each other and it will work naturally.
In the near future, we will have to see the digital dollar, which will become the national digital currency of America. It will compete with the regular dollar in the economy.

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Re: Do you think bitcoin can end the dollar’s reign?
« Reply #114 on: February 06, 2021, 07:50:46 AM »
I bet that Bitcoin will not be able to end the rule of the USD, because:
-USD has been remembered many hundreds of years ago and has become the common foundation for all currency pairs around the world.
-USD is a stable coin that is a role model for all world currencies.
Even the Chinese Yuan, which is said to overturn the USD government, has yet to beat the USD.

*USD is too early to be beaten by Bitcoin because Bitcoin has nothing to do with USD.
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Offline Damrai5$

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Re: Do you think bitcoin can end the dollar’s reign?
« Reply #115 on: February 06, 2021, 08:19:09 AM »
I never believe that dollars can be depleted. Bitcoin will continue to be used in cryptocurrencies and people in different countries but it is now doing different types of transactions. It turns out that we are holding bitcoin or any other coin but we are buying it with dollars. So how is it possible to run out of dollars.

Offline krypto4uvak

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Re: Do you think bitcoin can end the dollar’s reign?
« Reply #116 on: February 06, 2021, 08:40:52 AM »
I think that the era of the dollar will soon come to an end and everyone will move to the digital economy, many well-known and large companies are already doing this.
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Offline Malam90

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Re: Do you think bitcoin can end the dollar’s reign?
« Reply #117 on: April 18, 2021, 09:04:18 AM »
I think that the era of the dollar will soon come to an end and everyone will move to the digital economy, many well-known and large companies are already doing this.

Digital money will be highlighted but i don't think dollar reign will be eliminated by Bitcoin. I think both are complementary of each other. Without dollar, we can compare our Bitcoin with real fiat cash. Mastercard users won't purchase Bitcoin using their card if dollar reign will be eliminated. This  is a day dream i think.

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Re: Do you think bitcoin can end the dollar’s reign?
« Reply #118 on: April 18, 2021, 10:50:25 AM »
I don't think Bitcoin can end the value of the dollar. It is true that the popularity of Bitcoin is increasing day by day.Bengali Bitcoin is currently being legalized in most countries of the world. Not that Bitcoin will reduce the weight of the dollar.You may have realized that cryptocurrency transactions are not possible everywhere. But with dollars you can easily transact anywhere in any situation.
I agree with you and how ever Bitcoin might grow, there is no replacing or ending the dollar IMO. Bitcoin might be serving some form of payment purpose but we must also realize that it will take a longer time if at all before it could be accepted in every day shopping stores plus my biggest concern actually is the Government not allowing this to happen ever.

Offline Anonylz

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Re: Do you think bitcoin can end the dollar’s reign?
« Reply #119 on: April 18, 2021, 12:46:07 PM »
I don't think Bitcoin can end the value of the dollar. It is true that the popularity of Bitcoin is increasing day by day.Bengali Bitcoin is currently being legalized in most countries of the world. Not that Bitcoin will reduce the weight of the dollar.You may have realized that cryptocurrency transactions are not possible everywhere. But with dollars you can easily transact anywhere in any situation.
I agree with you and how ever Bitcoin might grow, there is no replacing or ending the dollar IMO. Bitcoin might be serving some form of payment purpose but we must also realize that it will take a longer time if at all before it could be accepted in every day shopping stores plus my biggest concern actually is the Government not allowing this to happen ever.
I believe so too. This are two different entities regardless of them having some features alike of the power to serve as a means of purchase and we most also see that while bitcoins price might continue to grow so is the level of its volatility and this will affect it as a Government choice and not to forget its Decentralized nature which can not be controlled by the government too. So I dont think this is visible also.

 

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