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

[pealr12]

The reign of the Dollar that we are used to will come to an end sooner than many think. And I don't think a cryptocurrency will take away that position. China since the last 20 years is growing economically in a brutal way worldwide. I am not saying that the Yuan will be the next Dollar, what I am saying is that China will have a dominant position. If we add everything I have said before to the great inflation that the Dollar has suffered for a long time we have the perfect combination to make that happen.

This a just assumption that will never see the light, and I wonder what you mean by crypto will take over dollar sooner than expected,  have you take a good look around both online and offline and see how many of the online and offline stores accept crypto for payment?
Did you see the population of the world and check what percentage have knowledge of crypto!
Lets be realistic here, btc  can not take over dollar or any other currency any time soon,
Did you even know the population of American let alone the whole world,  btc is just 21 million,  let that sink.

[Shahinaz]

bitcoin is indeed a popular coin, but that doesn't mean it can replace the dollar for world currency, because the dollar is real currency and bitcoin is only virtual money, besides, not all people know bitcoin so one thing that will never happen bitcoin can turn on the dollar

[moantana]

hmm, in my opinion, the dollar era is still strong for now because the dollar still has a big influence in the world as one of the currencies that is often used for investment

[arnold dudicove]

bitcoin is indeed a popular coin, but that doesn't mean it can replace the dollar for world currency, because the dollar is real currency and bitcoin is only virtual money, besides, not all people know bitcoin so one thing that will never happen bitcoin can turn on the dollar

Yes, I agree. Both are dominant in different realms. There are still many people who cannot use bitcoin for real transactions. So they tend to exchange them for dollars. This is proof that bitcoin has not been able to shift the dollar, and maybe it will be forever ...

[Power]

I don't want to say ever, because we never know. We live in interesting times and weirder things have happened. You never know.

I agree that we live in time where a lots of things is not usual. But our opinion matters here. We are here in this forum to give our point of view and give interesting topics, like what the author of this thread did. Just sharing.

[gurunanakji777]

In my opinion we should not compare Btc with dollar and I think dollar will continue to dominate whether Btc will touch $1Million value. No doubt more and more people will be interested in Bitcoin in coming time. Bitcoin nature is different from fiat currencies and its not easy that other currency will finish the dollars era but can be bypass by other fiat currencies.

[debra]

Bitcoin is Bitcoin and altcoin is it. No, we can see how much Bitcoin we have in our own wallet without going to pay any tax or even p pay in brutal. However this is not easy enough because it has very high Volatilote so that we can enter money,

[robert20]

Yes i think one day BTC will end the reign of Dollar. I am in the side of BTC i love crypto and one day the whole world will accept crypto not dollar. Go on crypto.

[Alcor]

bitcoin is indeed a popular coin, but that doesn't mean it can replace the dollar for world currency, because the dollar is real currency and bitcoin is only virtual money, besides, not all people know bitcoin so one thing that will never happen bitcoin can turn on the dollar

Yes, I agree. Both are dominant in different realms. There are still many people who cannot use bitcoin for real transactions. So they tend to exchange them for dollars. This is proof that bitcoin has not been able to shift the dollar, and maybe it will be forever ...

If the dollar collapses, it will definitely be replaced by another currency of any state or even a union of states like the euro, but it will not be a decentralized cryptocurrency. In order for Bitcoin or another decentralized cryptocurrency to replace fiat currency, a decision of the relevant government authorities is needed, and such a decision will never be made. The economy of any state cannot be served by a decentralized cryptocurrency. And she is simply not capable of it.

[XM8]

I do not believe that Bitcoin will make paper money disappear. Because you cannot use Bitcoin transactions in any situation but you can use paper money in any situation Can. So it seems to me that it is never possible for Bitcoin to end up using paper money.Can. So it seems to me that it is never possible for Bitcoin to finish using paper money.

[satpol_PP]

Yes i think one day BTC will end the reign of Dollar. I am in the side of BTC i love crypto and one day the whole world will accept crypto not dollar. Go on crypto.

I think It will happen at the coming future when digital era coming I don't believe it will happen at the few years. Dollar is still more popular than bitcoin.. Bitcoin will have great future and will compete to dollar.

[Mental]

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.

[Duckenth]

The dollar is a very popular currency and has been known to the public for a long time. This currency has been used in transaction tools all over the world.  Bitcoin is still relatively new, and there are still many ordinary people who don't know it.  It will take a long time if Bitcoin is to dominate the means of payment and end the domination of the Dollar.

[DAMKAR]

The dollar is a very popular currency and has been known to the public for a long time. This currency has been used in transaction tools all over the world.  Bitcoin is still relatively new, and there are still many ordinary people who don't know it.  It will take a long time if Bitcoin is to dominate the means of payment and end the domination of the Dollar.

I agree, I think Dollar is most popular and has been used for along years ago. I don't think bitcoin will replace dollar. Several people said teh future currency will happen at the next several years again. Maybe we will see bitcoin can be

[vegasus]

Bitcoin is an alternative to money. So, it shouldn't change the main currency called fiat. Fiat will be always used for human life because it is effective to use anywhere. While crypto or digital money needs the network to use it. That's why it cannot be used as single money. Digital and fiat will be used together.