Do you think Bitcoin will surpass fiat money?

[Cadaver20]

I don't think that bitcoin will surpass fiat money. Fiat money is a paper money and it has physical forms but Bitcoin has no physical forms. Rather it is highly volatile and it is the main obstacle to surpass fiat.

[36B]

I don't think it's possible because I see bitcoin is only used as an alternative payment and is used only to make transactions with weaknesses in terms of a very limited total supply making bitcoin unsuitable if used to replace cash or fiat money.

[Rinat8368834]

I think that bitcoin will not outperform fiat money as it is a very volatile instrument. Imagine that you have one bitcoin and with it you can buy a carton of milk. While you go to the store, it can drop by fifty percent. And what will you do in this case. I think no one wants to face such a situation.

[Alcor]

To answer this question, it needs to be more specific, because by the expression "surpass paper money" everyone can understand completely different actions. Bitcoin has long outnumbered every state currency in value. It is unlikely that he is capable of anything else. Even comparing bitcoin and paper money of states by other criteria does not make any sense.

[de_prof]

To answer this question, it needs to be more specific, because by the expression "surpass paper money" everyone can understand completely different actions. Bitcoin has long outnumbered every state currency in value. It is unlikely that he is capable of anything else. Even comparing bitcoin and paper money of states by other criteria does not make any sense.

I don't think bitcoin will surpass fiat money.
I think both are different thing.
But maybe It will be at the digital era.
Bitcoin will  more popular and has potential to beat fiat money.

[surendertakyaan70]

According to me it is impossible. Bitcoin is a digital currency. And some countries do not recognize digital currency. The government of every country gives more value to the currency of its country. Cryptocurrency is also regulated. So with high taxes.

[Fenix]

This is true that Bitcoin will surpass the fiat money becasue soon the crypto market is going to be legal and that time the crypto market almost all coins touches the sky and that time the BTC touches the millions of dollars of just 1 coin price.

I don't think this will ever happen. Cryptocurrency is expected to be further regulated by states, and states will not allow cryptocurrencies to surpass their fiat in any way. For the same reason, bitcoin will not be able to reach the price of one million dollars, since this will contribute to the violation of the security of the current financial system.
Cryptocurrency will remain in the shadow of the national currencies of states if it wants to coexist peacefully in this world.

[pelana vreo]

I think Bitcoin will not surpass paper money when The FED is still regulating the International financial system, currently Bitcoin is used for exchange assets and paper money is recognized as a legal transaction in every country, Bitcoin can surpass paper money when many countries use it like El Salvador

[SharonCCook]

I think yes. after the stagnation in the market, it should go up, but this will not be until next year

[Monkey Monster]

Governments create fiat currency, but no government has truly achieved immortality. Cryptocurrencies, decentralized and not issued by governments, are a new type of money that cannot be overthrown due to their decentralized nature.

[cryptoworld1]

Yes, according to a panel of 42 cryptocurrency executives and researchers, Bitcoin will one day replace fiat currency, with 54% of this panel predicting that this will happen by 2050 at the latest (if not earlier).