Ninjastic
PostEdited versionsQuotes to this post
Post
Topic
Board Economics
Re: Do You Think Bitcoin Will Replace Dollar Soon?
by
gabmen
on 03/03/2017, 11:55:37 UTC
Quote from: asriloni on March 03, 2017, 11:30:32 AM
Quote from: dmamigo on March 02, 2017, 07:20:28 PM
Quote from: MONKEYJUNK on March 02, 2017, 06:47:50 PM
Maybe there is chance it will happen in the first place but anytime soon, no it will not be even close to soon.
It would take many years to achieve this and maybe it will even never happen.

I agree with your second option that it might won't never happen, because people believe in USD, and the bonding is more strong. BTC is very good, but replacing USD seems quite tough and nearly impossible.
The people are using dollar to fill his daily life and bitcoin will never replace the dollar if the bitcoin can't fell the role of the dollar right now. and I think it will never be happening in the future. crypto is good alternative currency.

Bitcpin may become a nationwide or even a worldwide currency but it really doesn't have to replace the dollar or any other currency at all. The features of both are different from each other and i think we don't really have to choose one to replace the other because these two can work alongside for better benefits