Quote from: Pinkris128 on June 01, 2017, 10:04:04 AM

Quote from: BingoDog on May 19, 2017, 09:14:37 AM

No, I think that it can't. It could be used along with traditional money but it can't entirely replace it. Unfortunately bitcoin has to many issues, weeknesses and characteristics that don't allow it to be fully used and implemented in traditional financial system. Volatility is just one of them.

Exactly bitcoin can never replaced conventional money. Why? because as of now government still didn't accept it as a money. Bitcoin is still a big illusion for them and they considered it as just a virtual currency. Bitcoin has so many issue just like what youve said unlike the conventional money.

Even when it gets accepted as an legalized money bitcoin won't replace the Monetory system or the conventional money. In the past it was seen as an illusion just because of its virtual presence. Now things have changed a lot and the growth in acquired has made it among the top value currency.