Post
Topic
Board Economics
Re: Do You Think Bitcoin Will Replace Dollar Soon?
by
Kasabus
on 24/06/2017, 06:07:06 UTC
I don't know if this article is legit or just some destruction in the internet: https://dcebrief.com/new-u-s-law-to-replace-dollar-with-bitcoin/ but in my own opinion, I don;t think bitcoin can replace dollars that easily. Not in 15 years. Too much to do, too much to adjust.

Bitcoin will not really replace dollars or other fiats that easily, not just in 15 years but in 100 years. Bitcoin is a good currency for the people, but with it's current state now, I don't think it will be a primary currency of one country. And if bitcoin will be a primary currency, replacing fiats, do you think all the people can keep up with it? Not all people are that updated especially about technologies.

Bitcoin is not able to replace dollar because of its natüre. You can add new features to bitcoin. That time, maybe it can replace dollar but America does not let this happen.
I don't think it will even happen in the future, dollar is a big currency and we cannot beat it.
The approval of the government is already a big news for bitcoin and makes the price rise, so what will happen if there is a bad
news regarding the actions of the government, it might become worthless.