Being the first digital currency to really establish deep and firmly in the market. Do you think in the near future Bitcoin will dominate our current currency?
It seems that it will be difficult to be true, because the price of bitcoin is not stable. Plus there are still many people who do not know bitcoin, if it will happen is not in the near future, it took about 10-5 years again so bitcoin became known by everyone in world.
If we are going to analyze bitcoin system in a wider scale we could actually see that bitcoin does not need to compete ti fiat or to cash. Because bitcoin much depends on the price of fiat or dollar on regards to its development on price, value and transaction. So the best to happened is to actually to have a helping or a compact relationship between bitcoin system and the system of fiat which could bring a good thing for us investors and traders to gain more income and to have a good profit out of bitcoin.