Do you think Bitcoin will surpass fiat money?

[Noverteno]

In what matter BTC will surpass the fiat money? if it is about the value and also the price of BTC especially for trading or investment, BTC probably offers more interesting things. But it doesn't mean that BTC can surpass fiat coins as well

Of course, the high cost of cryptocurrency still means little.  On the contrary, it is getting worse and worse to use it as a means of payment.  This is probably one of the reasons why bitcoin is very rarely used to pay for goods.  At the same time, light, fast and cheap ripple in some countries takes top places in terms of use.  However, cryptocurrency simply cannot replace the currency of states either in cash or in non-cash form.  Cryptocurrency can only exist in parallel with the traditional currencies of states, so it cannot surpass them.

[Msweet]

I think Bitcoin might not be able to do that.  But Bitcoin can get closer.

[Gubre]

What do you mean by saying "surpass "? If you mean it about the price I could say that yes it already did but when it comes of being accessible and the acceptance it has to every country, well I could say not yet at the moment or never will be since not all are good in technology.

[Lenipiw]

Of course, Bitcoin can surpass the local currency of any country. There will come a time when people will not use money. The value of money will be a little bit. There will also be the use of money. People will continue to look for various benefits for transactions. Then people will start using bitcoin. Bitcoin can be used via ATM card. This will be possible in the future. However, I think Bitcoin will not replace the local currency of any country

[MRM]

Bitcoin can take the place of fiat money. Because Bitcoin is known and traded as a common currency all over the world. I think in the future every country business and all organizations use bitcoin. Bitcoin will be used in every sector. Bitcoin will be more popular at that time. The future of Bitcoin is good. May be used as an alternative to future money.

[TERMINO]

I think Bitcoin might not be able to do that.  But Bitcoin can get closer.

Fyi, Bitcoin already did that in terms of value. Bitcoin already surpass the entire currency in the world where actually btc is the center of attraction these days due to massive pump from dump. Even Bitcoin fluctuate and unstable still there are more investors interested and coming in to invest.

[lepbagong]

Is it true that the question is whether bitcoin will surpass fiat money? whether it is possible or not from which side you will see it. If it is about the current price bitcoin is indeed very powerful and clearly higher than fiat money, but the matter of use in the government is clear that fiat money is recognized even though bitcoin exists but is not as big as fiat money itself.

actually there has been a synergy between bitcoin and fiat money because they complement each other where they need each other for each use, which may differ from the available networks. the need to complement each other will make bitcoin even better known and become the target of world investors.

[Crypto Guard]

For now I don't think so. Because indeed in some countries Bitcoin has not yet received permission. And this will greatly prevent Bitcoin from being able to replace fiat money. Even Bitcoin has to go through a long process before it is actually implemented as a means of payment in everyday life like fiat money.

[susishine]

I think bitcoin cannot replace fiat because fiat and bitcoin are different, fiat uses the underlying when regulating its circulation and has a stable price different from bitcoin whose supply has been determined and also has no underlying printing besides that the unstable bitcoin price will be very detrimental

[bayiajaib]

what do you think guys?

May at the coming future it will happen, bitcoin will surpass fiat money. I have read many prediction about Crypto currency, digital era will come. I believe bitcoin and other Crypto will be needed at the digital era. Let's see.

[Lorix]

Bitcoin will be used instead of money in the future. Bitcoin will be used instead of the local currency of each country. The more technology people in the world improve, the more they will use bitcoin.

[ShadowCrypto]

I'm in a Bitcoin Core Slack and the most talked place is "price-talk" not surprising LoL
the "lightning-network" channel is very quiet

[bigcash2011]

I do think that bitcoin and crypto will soon be adopted at a mass scale but still fiat and traditional finance will stay alongside crypto so basically it is another product in the market that will compete with traditional system and people will use it when and where required for their benefit.

[Nusrat]

Bitcoin is such an economy and an alternative to supporting the financial sector.  Quick transactions are preferred by everyone and the e-people need of this transaction can be found anytime.

[vaysar]

In our new reality with this pandemic, what was considered a safe investment - cash, bills of exchange, is now not safe and over time significantly loses value. Now Bitcoin is a reliable, long-term investment that acts as insurance against inflation.