Post
Topic
Board Economics
Re: Do You Think Bitcoin Will Replace Dollar Soon?
by
Superways
on 12/12/2016, 18:37:36 UTC
no, i don't think so, but i think it will "accompany" USD more like now, and it will become more and more popular

Well, although bitcoin very special on the internet, but I also do not believe that bitcoin could replace one of the world's currencies, especially the dollar. Well, bitcoin can be compared with gold, but with the dollar. it is because bitcoin has a very high price. so, I feel that bitcoin only be a viable alternative.

Indeed, bitcoin can always work as an alternative, because we all know that no government would let their citizens use a currency that is not in their control because if they do this they will lose control on a part of their economy, and they wont like that to happen nor they will let it happen.
But currently we all know that everyone is using USD as international currency for all of our international affairs for which some countries like to have their own currency so a competition is there and for removing that competition there need a currency which will not have any single nation owner but will be the currency of everyone.