do you believe with bitcoin in the future can replace fiat as a number one currency?
it is hard to tell. bitcoin is still in its early stages and is considered practically a toddler.
so bitcoin needs more time to grow and fixed different problems that it is facing then it might be side by side of fiat but never replace it .
Yep bitcoin was am embryo the last years, but it already been born and now its a toddler.
Funny that the news sites already consider it dead when it was still on embryo phase.
Now its a weak toddler, but very well nourished by the community, hopefully grows to be a strong muscular entity
The news sees it dead/dying because they think the government is going to kill it off (which they could do if they wanted). At this point it's hard to tell what's going to happen for sure, but the government seems to be moving more and more towards accepting it, which is great.
Yes, but its like a hydra, if you cut 1 head off, 2 respawn in its place.
But bitcoin wiki also says that for bitcoin to exist there needs to be atleast 1 free country left on the planet.
And since all countries start to fall into tyrrany, I have no clue, but if bitcoin beats the system faster, than the system beats bitcoin, then we can have a bright future.
If people were being arrested for using BTC and all banks became hostile, there would only be a small group that uses it. When you can't transfer money in/out of a system and can't even talk about it without getting in trouble, the majority won't take the risks. This whole "hydra" thing is asinine -- Bitcoin is absolutely not bulletproof.
this is the most extreme of situations that will never happen. so far a couple of countries banned trading bitcoin and there is still no law against having it.
and the news that want to show bitcoin as dead are just a portion of the news, the rest is not that bad.
You clearly don't pay attention to what you're responding to and the context in which it's posted. That's like saying "you can't kill someone with just one hit. On, you mean with an axe? Well, that's a bit extreme..."