Can bitcoin replace money?

[DEADPOOL]

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?

Well, I think there is every chance, because it already occupies its place among countries such as Japan, the United States, Australia. And that's not all countries! And just take and remove from the network is almost finished product, a system that has been working for so long. I undoubtedly think that bitcoin will continue its way, and even if it is not officially recognized by the countries, it will be used and in demand among those who already understand what bitcoin is!

[Kusuma]

I think not, bitcoin is not stable so it will be a risk if it is used as a currency, and it looks like bitcoin will be used more as an asset than as a currency.

[Jetski]

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 agree that the ultimate purpose of bitcoin us to provide a good service in terms of payments system aside from investment but we are aware already that there are countries or place in a specific digital countries that can not adapt the changes because of a very poor internet connection which is very hard for them to perform transactions.

[Mikam]

Bitcoin is expected to replace money. Because bitcoin is the technology of the future. In the future I think it will happen. But it takes a long time to realize it all.

[Duckenth]

Bitcoin was created to replace conventional currencies in the future, but I think this will take a very long time. because we know, nowadays many countries prohibit the use of Bitcoin.

[smile.ps]

In my opinion Yes.  In Venezuela, for example, people already only use bitcoin.  Since the state constantly lowers them in price and for a sack of their currency one can buy only one match and only. 

[Elaine99M]

Yes of course, in a sense that it has the potential to become one. Though some other countries are already using bitcoin as a digital money or currency, but there's a problem on the acceptance for crypto in other countries and this make its purpose a failure.

[CrypMania]

Whatever we predict about the future of bitcoin can go either ways. Bitcoin would receive mass adoption but it would be very hard for it to become an international currency. That means governments and the media have to suddenly refrain from their hostility towards bitcoin.

[hoodie]

Most buyers of cryptocurrency rely on the fact that the price of any "coin" they buy will increase dramatically. However, the ultimate goal of many digital currencies is not to remain a highly volatile asset for the traders' speculation, but to offer a viable decentralized alternative to the existing money system. Not all cryptocurrencies will achieve this goal. Some lack the technical ability to handle a sufficient number of transactions, all the cryptocurrencies they remain extremely unstable, and in their way there are both legislative and psychological barriers.
  Garrick Hileman, working at the London School of Economics and the University of Cambridge, and specializing in monetary systems, said that there is a significant difference between currency and money. "Many things in the space of the blockade correspond to the definition of currency," he said. "Cryptocurrencies, such as Bitcoin and Litecoin, function as a means of exchange, since you can buy things with their help. They keep value day in and day out, although they are very unstable and the fact that they can lose value so quickly is the main sign of the question. " In order to replace money, a cryptocurrency is required to take on the role of a "unit of account", in addition to functioning as a means of exchange and preservation of value. The unit of accounting is the unit in which goods and services are valued in a particular country, for example, the pound in the UK.

[gribble]

According to me, bitcoin will not be able to replace currencies because in any case fiat is still needed by society in general while bitcoin will only be used by modern people who have high knowledge. basically a money puncher already has one but I think it would be better to complement each other

[desanti]

I think bitcoin will not be able to replace currencies around the world because there are still countries that reject bitcoin. basically money punches already exist, so I think it's better to complement each other because we have to remember that the original currency has made history and identity for the country while bitcoin also has advantages and is a form of development of sophisticated technology that is also beneficial

[skinhead]

Anything is possible.This could be happend that Bitcoin will replaced fiat because we are on our way to the next digital world of crypto currencies.Bitcoin and all altcoins will rule the world in the near future.

[smile.ps]

Crypto currency can successfully replace the money (state) money, which in the future may not be needed at all.  This is often said by fans of crypto currency, in addition, bitcoin was initially positioned exactly as an analog of traditional money.  Opinions on this score are expressed a lot and very often meet directly opposite.  If one person says that bitcoin is a bubble, there is a dozen that declares that the dollar (euro, etc.) is exactly the same bubbles whose value is not backed up (gold and other tangible assets are meant). 

[ipanks]

Bitcoin can replace money, but it needs many things to be prepared especially for the government. They need to make Bitcoin as a legal thing so their people will use bitcoin in their real life and people don't have to afraid with the inflation that might happen later. There will be much debate from the people from the government because cryptocurrency still a new technology which they don't know and they need to learn more about cryptocurrency.

[DAMKAR]

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 it. Bitcoin will replace money at the coming future. Bitcoin has potential to do it. I think, We will see bitcoin will be more stable at the future.