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Author Topic: Can bitcoin replace money?  (Read 8889 times)

Offline rightway

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Re: Can bitcoin replace money?
« Reply #90 on: September 28, 2018, 03:34:47 PM »
The intension of creating btc is to act as digital cash, that is solely controlled by individuals without Government interference. "I stand to be corrected" if that's true, will it "bitcoin" be generally accepted as one united digital currency?

I strongly believe that bitcoin can not replace our traditional money or fiat because the transactions using digital currency is limited only to the area with internet connections unlike our traditional money that we can use anytime and anywhere without internet connection.
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Re: Can bitcoin replace money?
« Reply #90 on: September 28, 2018, 03:34:47 PM »

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Offline Ruwet

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Re: Can bitcoin replace money?
« Reply #91 on: September 29, 2018, 04:36:24 AM »
With the rapid advancement of technology, the possibility of bitcoin to replace the original currency in a country is still very open so that the role of government becomes important in order to make it happen.

Offline Tayecrypto

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Re: Can bitcoin replace money?
« Reply #92 on: September 29, 2018, 05:02:15 AM »
No, I don't think so.. Without fiat, bitcoin can not last...not everyone is intelligent to handle a digital currency.

Offline smile.ps

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Re: Can bitcoin replace money?
« Reply #93 on: September 29, 2018, 11:22:24 AM »
Yes and yes again !!  Otherwise, no matter how.  Money is constantly being released, they are crumpled, dirty and other vital factors.  So, give cool gadgets and cryptocurrencies to the masses !!!  )) ;D

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Re: Can bitcoin replace money?
« Reply #94 on: September 29, 2018, 12:13:32 PM »
The intension of creating btc is to act as digital cash, that is solely controlled by individuals without Government interference. "I stand to be corrected" if that's true, will it "bitcoin" be generally accepted as one united digital currency?

Yes I believe that. Bitcoin will replace money at the coming future. Bitcoin is the future currency and potential coin.
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Re: Can bitcoin replace money?
« Reply #95 on: September 29, 2018, 12:30:29 PM »
No I don't think it could ever replace conventional money, it has been there for how many years. And I don't think the government would allow that too.

Offline Knaw

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Re: Can bitcoin replace money?
« Reply #96 on: September 29, 2018, 01:05:59 PM »
for us The use of digital currencies like bitcoin actually synergizes with virtual currencies. only for part of the transaction. To replace it in its entirety is impossible.
Conventional banks will still be needed even though digital money has been used thoroughly in all countries. Because not everyone uses digital money like bitcoin.
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Re: Can bitcoin replace money?
« Reply #96 on: September 29, 2018, 01:05:59 PM »


Offline Iconetlife

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Re: Can bitcoin replace money?
« Reply #97 on: September 29, 2018, 07:40:09 PM »
Bitcoin will never replace money, bitcoin has its own value as well as fiat. but bitcoin can be used as an alternative to transfer money to global businesses.

Offline Jetski

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Re: Can bitcoin replace money?
« Reply #98 on: September 30, 2018, 08:36:56 AM »
I think no one can replace money because  using with our traditional money we can easily perform any payment transactions without worrying  as this is user friendly to all people and does not require internet connections
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Offline wokee12

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Re: Can bitcoin replace money?
« Reply #99 on: September 30, 2018, 12:36:23 PM »
Impossible, bitcoin and othwr cryptocurrency can't replace money fiat. Because its real money and so much people using it
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Re: Can bitcoin replace money?
« Reply #100 on: September 30, 2018, 06:08:49 PM »
For now, Bitcoin is not yet accepted by the public, maybe Bitcoin is still new or the price of Bitcoin is still unstable, rising and falling rapidly. but I'm sure in the future, bitcoin will truly become a digital currency that can be used for buying and selling transactions like conventional fiat currencies. But to realize all of that, it takes a very long time.

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Re: Can bitcoin replace money?
« Reply #101 on: October 01, 2018, 08:10:26 AM »
Impossible, bitcoin and othwr cryptocurrency can't replace money fiat. Because its real money and so much people using it
There are no impossible if all of people around the addoption bitcoin and other cryptocurrencies because right now The Beijing Sci-Tech Report (BSTR) is one of the oldest science and technology publications in China. The media organization prints editorials stemming from its ‘Technology Life‘ team of authors, and it also publishes approved content from the well known US science journal Popular Science. This weekend the magazine has announced that it will be accepting BTC for subscriptions towards its 2019 publications. The cost to subscribe to BSTR will be 0.01 BTC (about 450 yuan or $65 USD). It is one of many sample addoption of bitcoin.

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Re: Can bitcoin replace money?
« Reply #102 on: October 01, 2018, 11:32:08 AM »
Can. Provided that Bitcoin is acceptable in all countries and its citizens accept it. Then on the other hand, large companies such as car companies, mines and others that affect the entire world to apply Bitcoin money, can be more and more people are wearing it. But the problem is that when a country is still not technologically advanced, it will hamper. All that will take a long time to replace fiat money into Bitcoin.

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Re: Can bitcoin replace money?
« Reply #103 on: October 01, 2018, 11:43:08 AM »
The intension of creating btc is to act as digital cash, that is solely controlled by individuals without Government interference. "I stand to be corrected" if that's true, will it "bitcoin" be generally accepted as one united digital currency?

I think yes, Bitcoin can replace money at the coming future. When bitcoin is more stable and more popular.

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Offline Anzal RK

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Re: Can bitcoin replace money?
« Reply #104 on: October 01, 2018, 01:21:18 PM »
I think that will be happen someday.
Bitcoin will make a real money just in digital, and money is just number in the futute.
Maybe 10 years letter that will happened.

 

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