Post
Topic
Board Economics
Re: Bitcoin replaces the money? Could happen?
by
gabmen
on 21/10/2016, 10:02:53 UTC
No I do not think this will happen but of course never say never because you never know it of course.
I think that its gonna be hard the other currency's are already so long in the game.

I also do not have the feeling it can do this, the other currency's are indeed longer in the game but are also way too big.
Banks will also not let this happen in my eyes so that is another reason why its most likely not gonna happen.
That's the problem with us here because since we have witness that bitcoin is getting more successful we are too unrealistic to think that it will grow big in the future and can replace our money system, that would never happen, it is not banks that will not allow it but the government itsefl.
Well that's how it works though. People right now are much reliant on the fiat that anything that challenges it gets a pessimistic response. I also don't think bitcoin can replace paper money. Not in the near future.