Post
Topic
Board Economics
Re: Do You Think Bitcoin Will Replace Dollar Soon?
by
senyorito123
on 08/05/2016, 12:01:58 UTC
bitcoin can't replace the dollar until people stop exchanging their bitcoin into dollars

Even if people will stop exchanging, some compare system will be needed for bitcoin anyway. Bitcoin can't really replace dollar anyway and it's true.
It is true that bitcoin cannot replace dollar but it is not correct that for bitcoin as a standard to be compared with dollar is compulsory, when bitcoin become a most stable currency then people will make bitcoin as a standard and then bitcoin will itself a standard for other currencies.
There is a possibility because bitcoin is not controlled by the government, its decentralization features likely to attract more people plus they can easily track their disbursements and receipts looking at the public ledger. It US will go cashless this will gives us good option.

How that thing cross in your mind that e-currenry really can replace the stroNg dollars bitcoin ia nothing without dollars and it is reallying with it, dollars also is have a strong law and it has place where it originated while bitcoin is nothing although the price for now if bit high and possible for us to earn but what will happen to it in near future?? No one can predict its fate but dollars remains There.