Quote from: Asnatin on November 09, 2016, 08:04:12 AM

Quote from: error08 on November 08, 2016, 04:37:38 PM

Quote from: Endikadija on March 30, 2016, 04:48:50 PM

It is said that bitcoin will destroy the fiat system but i believe that if this happens the world will change completly because banks and a lot of things will go out of market.

I can't imagine how bitcoin could destroy the fiat system, it can't be forever.
Bitcoin will always go through the way side by side with fiat system due to every country have their own currency as national identity.
Government and banks will adopt blockchain technology to make it happen, let see how it works in the future.

In 2022, six years later is a short period for bitcoin used by almost everyone, just about 15-20% of world population I thought.
Because not everyone trust virtual money that can not be touched and people still love to using fiat money.

That is right. I think it is very possible that the bitcoin will coexist with the bitcoin for the next few decades.

If you look the maximum amount of Bitcoin that can be mined that is 21,000,000, do you think it is enough to overtake any currency which can be printed many times? Of course not even if the price of Satoshis is way up it is not enough to be distributed to all of us living in the Earth. But I agree that Bitcoin can be a kind of online currency in which can be use by the majority of people someday.