Post
Topic
Board Economics
Re: Do You Think Bitcoin Will Replace Dollar Soon?
by
Dwelach
on 10/06/2016, 14:32:47 UTC
I don't know but at my opinion that USA will not replace dollar, cause bitcoin is very hard to control and it's not profitable for USA goverment. Bitcoin is solo currency.
This is not about favorable or not to the government. but the government will always protect the dollar no matter what happens. the government will retain their local currency from foreign currency entering. it will be done by all governments


Governments or institutions will really do try to protect their interest for their individual currency's because it is where they keep the government in control of their jurisdiction.
Replacing will be not happen soon and that is because you have to know that there will be a lot of people that is going to have some profit later in the future and that would be nice.
But of course you see now that Bitcoin is becoming more worth and used but it is not that much.