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Author Topic: Do you think Bitcoin will surpass fiat money?  (Read 27650 times)

Offline AllSii

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Re: Do you think Bitcoin will surpass fiat money?
« Reply #105 on: December 06, 2020, 07:07:36 PM »
The government will not be able to control bitcoin, so it will not be interested in having such a cryptocurrency.  The government will use national digital currencies to control its citizens.

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Re: Do you think Bitcoin will surpass fiat money?
« Reply #105 on: December 06, 2020, 07:07:36 PM »

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Offline The Legend

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Re: Do you think Bitcoin will surpass fiat money?
« Reply #106 on: December 06, 2020, 07:23:23 PM »
It is already surpass the offline money system. Only thing is remaining that our government have to accept it and whenever government accept it there will be an new era. Because we don't have to change the currency if we goes to any other country, bitcoin and other cryptocurrency can solve it easily.

Offline debra

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Re: Do you think Bitcoin will surpass fiat money?
« Reply #107 on: December 06, 2020, 11:20:13 PM »
What kind of surprises do you mean? The utility? Investment? or trust around the worldwide? Bitcoin may be a very powerful and also the great digital currency for many aspects. but to surpass fiat, it really needs a hard time and also long efforts. So, juts focus to expect the acceptance of BTC in many more countries and companies
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Re: Do you think Bitcoin will surpass fiat money?
« Reply #108 on: December 06, 2020, 11:43:59 PM »
When Bitcoin is used instead of money in every country, I think Bitcoin will be perfect. Bitcoin is a popular currency around the world. The coin is used by users all over the world. So I think Bitcoin will be considered as a currency that will be used as an alternative to money.

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Re: Do you think Bitcoin will surpass fiat money?
« Reply #109 on: December 07, 2020, 03:02:41 AM »
Generally I would say Bitcoin is not legal in many countries.  Bitcoin is introduced in some countries. I think if the government of every country gives legitimacy to Bitcoin, then the country will face a lot of development in the future.  The reason is that Bitcoin is a digital currency and only Bitcoin can take a country to the peak of development.
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Offline Ace H Knows

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Re: Do you think Bitcoin will surpass fiat money?
« Reply #110 on: December 07, 2020, 04:26:56 AM »
For now, it is impossible to achoieve because as we see it, the mainstream was still under the banner of the centralized finance infrastructure so it's not possible yet. to surpass the fiat or the paper money.

Offline doc

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Re: Do you think Bitcoin will surpass fiat money?
« Reply #111 on: December 07, 2020, 09:35:55 AM »
what do you think guys? :)

Many people have predicted bitcoin will surpass fiat money , But I think It is hard to happen . We all know every countries have own currency, the government will guard their national currency. So, I don't believe  bitcoin can be. But maybe at the coming future.

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Re: Do you think Bitcoin will surpass fiat money?
« Reply #111 on: December 07, 2020, 09:35:55 AM »


Offline Cristiano

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Re: Do you think Bitcoin will surpass fiat money?
« Reply #112 on: December 07, 2020, 10:26:48 AM »
Generally I would say Bitcoin is not legal in many countries.  Bitcoin is introduced in some countries. I think if the government of every country gives legitimacy to Bitcoin, then the country will face a lot of development in the future.  The reason is that Bitcoin is a digital currency and only Bitcoin can take a country to the peak of development.
You are right.  But you know that Bitcoin has many advantages and disadvantages.  The main reason why Bitcoin is now illegal in many countries is that they think that if Bitcoin is declared legal, it will lead to the most abuse and immorality.  The most used will be in gambling.  So they considered this aspect and declared Bitcoin legal.  Again Bitcoin has many advantages.  Among the countries where bitcoin has been legalized, there have been many developments.

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Re: Do you think Bitcoin will surpass fiat money?
« Reply #113 on: December 07, 2020, 12:33:38 PM »
Bitcoin is illegal in many countries of the world.  Because Bitcoin has as many advantages as it has disadvantages.  However, the words that have legalized bitcoin in many countries around the world are already moving towards improvement.  The governments of many countries around the world think that it is possible to change the world through cryptocurrency.  I think one day cryptocurrency will be more valuable in society.  Cryptocurrency will one day become a tool for everyone's income.  Bitcoin's popularity is all over the world.  Bitcoin is called the king of cryptocurrencies.
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Re: Do you think Bitcoin will surpass fiat money?
« Reply #115 on: December 08, 2020, 11:06:08 AM »
Of course
I think it is possible in the financial system. But if you are still using Fiat, it will be prioritized.
Because in today's digital era, every transaction around us always experiences digital transactions.
An example is when we want to travel within the city then we can use Uber and this Uber transaction is definitely using digital money.
retire and rest in peace

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Re: Do you think Bitcoin will surpass fiat money?
« Reply #116 on: December 08, 2020, 11:31:03 AM »
Governments in many countries are against cryptocurrency.  Many countries do not already support cryptocurrency.  Again many countries are preparing to make their own country’s currency.  Many people think that cryptocurrency will change the whole world.  I think one day the whole world will support cryptocurrency.  Cryptocurrency is already traded in many countries.
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Re: Do you think Bitcoin will surpass fiat money?
« Reply #117 on: December 08, 2020, 03:57:07 PM »
what do you think guys? :)
Well, bitcoin has unpredictable character in the market compare to those knew projects which made an entry in crypto exchange because we can tell that its price will surely jump into the pit after the long period of time.

Bitcoin is different! Its work give everyone a chance to profit but need patience in order to avoid great lose when the price go down below from the price you purchased it. Because of this the world keep noticing bitcoin and now many investors and businessmen are getting involve, big companies like PayPal accept bitcoin as a way of payment. Aside from all of this success of bitcoin the volatile behavior of bitcoin still on itself and I'm afraid that this is the very reason why bitcoin couldn't replace the fiat, we can make higher profit from bitcoin than fiat though.

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Re: Do you think Bitcoin will surpass fiat money?
« Reply #118 on: December 09, 2020, 02:30:40 AM »
Governments in many countries are against cryptocurrency.  Many countries do not already support cryptocurrency.  Again many countries are preparing to make their own country’s currency.
I am confused, you say many countries do not support cryptocurrency, but you also say many countries are preparing to make their own currency, doesn't that mean many countries support cryptocurrency? all countries already have their own currency, and if they make another currency then that means making cryptocurrency coins for that country, as did China which makes its own cryptocurrency coins.

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Re: Do you think Bitcoin will surpass fiat money?
« Reply #119 on: December 09, 2020, 03:11:21 AM »
what do you think guys? :)

It will be at the coming future. But It will take several years again, while bitcoin is more popular and be accepted by all countries, I believed Bitcoin will surpass fiat money. Bitcoin is the future currency, It will be dominated at the coming future.

 

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