Post
Topic
Board Economics
Re: Do You Think Bitcoin Will Replace Dollar Soon?
by
Ismay
on 21/12/2016, 16:43:15 UTC
Probably bitcoin will never replace dollar, IMO at most it will become widely used, similar to euro in Europe.
Sometime i also think that bitcoin will never replace dollar because bitcoin just a crypto currency and there is no physical shape of bitcoin and Dollar have physical shape and Dollar is accept in everywhere for online and for direct shopping and currency we can buy every think from online with bitcoin nowadays .
You are right with what you see, it can never happen, bitcoin cannot replace dollar soon and in the near future. It will still be an alternative currency without a value if without fiat, so basically it relies on fiat.

yeah i think so too. and i agree that in the future, though it won't replace the dollar or any other currency, it will be a very god alternative to make online purchases much like how credit cards are being used now. let's face it, bitcoin has a lot of benefits to provide if more and more people are using it. but we still need real money for our everyday purchases and i don't think bitcoin would be able to cover for the that anytime soon.

I know somebody use the bitcoin quite a lot.