Quote from: Fireblade on December 04, 2016, 09:38:04 PM

Quote from: Positid on December 04, 2016, 06:52:31 AM

Quote from: Rahar02 on December 04, 2016, 03:39:25 AM

Quote from: financetalks on December 03, 2016, 05:31:01 PM

Quote from: alphablitzer on December 03, 2016, 04:07:35 PM

According to the article, the CEO said that " but I think bitcoin could surpass the dollar as reserve currency within 10-15 years." Bitcoin will surpass it's use against the dollar. It will be great if the majority of the people around the world use Bitcoin. If that happens, I think that will be the start of the ruling of Bitcoin. The wallet will be a reserve, instead of having banks to be used for storing your money.

Then at that time in the future, Bitcoin has surpassed the dollar.

That is too optimistic. It will be unlikely the majority of the people around the world use Bitcoin.

Bitcoin could do it within 10-15 years, adopted by majority of the people and no need apocalypse scenario due to people should notice existence of bitcoin as worldwide currency which has many advantages and highest exchange rate. Surpass maybe but I don't think bitcoin will replace dollar as it a state currency and consider as international most acceptable too, bitcoin may get along others currencies.

Nah, I don't see it's going to happen, I think it's better to have bitcoin and fiat or dollar work together to give us convenience for the users, but if you will push what your prediction int he future, I do not see it is happening, dollar is too powerful.

i think bitcoin is not made to devalue any fiat currency, it is made only for the purpose to facilitate the people equally in all over the world. specially those people who are taking interest in online business and jobs. therefore bitcoin has no concern with any other fiat currency or crypto currency to devalue it.

bitcoin may have concern to another cryptocurrencies on competition and another currencies on value. bitcoin are often being said having value based on dollar which is definitely make it have a relation to fiat or an ordinary currencies, therefore bitcoin could have concern to those thing and could possibly devaluate them by making bitcoin price even higher