Post
Topic
Board Economics
Re: Bitcoin replaces the money? Could happen?
by
CoinFoxs
on 09/08/2016, 15:07:05 UTC
I do not think that it would be possible for Bitcoin to be able to replace money because Bitcoin is pretty new and they could not handle that many people.
Replacing money is on a other level and Bitcoin needs to stay in its own lane.

Bitcoin is already a money, so it no need to replace it but I think bitcoin will not replace Dollar soon because there are a lot of people that is still using Dollar so you can replace it now around this time but of course there will be a time that it will replace Dollar but you dont know what kind of money because you are not sure if Bitcoin is doing well in the future.



Yeah bitcoin is money but bitcoin is not accepted as dollar and other currencies are accepted in store, And op want to know about that bitcoin will replace other currencies or not ? Dollar is the currency that is accepted worldwide so if bitcoin will replace dollar then it takes very long time and bitcoin should be accepted anywhere in the world like dollar.