Post
Topic
Board Economics
Re: Do You Think Bitcoin Will Replace Dollar Soon?
by
stomachgrowls
on 28/10/2016, 08:40:29 UTC
I don't think "soon" but I do think after 15 years or so it is a definite possibility. "soon" i guess is a relative term.


This morning, the average global price of bitcoin crossed the $685; whereas last night the unit price of the digital currency was $664.The sharp rise in the price of bitcoin has followed a jump in demand for digital currency trading platforms OKCoin and Huobi, which focused on Chinese users. On 23 October, the daily volume of transactions on the OKCoin exceeded 2 million bitcoins. what's next?

^^^Yes....I've been scratching my head over this for the past week.  Something is in the works.^^^

There is no doubt in my my mind that some sort of blockchain based digitial currency will be the predominately used means of exchange within the next 15 years and probably sooner.  Digital exchange is already more predominate than cash so the transition will probably be surprisingly fluid and unnoticed by the general public.
I'll look to that, i know it will happen sooner as we have a having a good volume of assets in the crypt. Traders are not only interested in bitcoin but also, they are interested in trading altcoins..

For sure in the future the crypto currencies will be more popular and successful.

 I'm looking forward on this, that someday we people will be using these different kind of crypto-currencies for the future with the updated version of course.

But for now "bitcoins, altcoins, cryptocurrency" they were just a money on the internet. Anyway there's a lot of people using a different kind of currency in every country. Dollar is not the only currency that people are using.