Quote from: vasrasus on August 24, 2017, 03:18:35 AM

Quote from: Finchy on July 29, 2015, 02:49:46 PM

It's not going to do it anytime soon or likely even within 15 years, but it could in our lifetime I reckon. I think more economic instability in certain countries and maybe another financial collapse/crisis will happen soon rather than later and that could bring in many new people to bitcoin which could have a snowball effect.

Quote from: randy8777 on July 29, 2015, 08:44:37 AM

absolutely not. there is no point in thinking it ever will replace any major fiat currency. just stop thinking/hoping that it will happen. it will not.

Why will it not? If in the future bitcoin keeps going up and fiat keeps going down which is what happens when they print more of it on a whim people might wise up. Money should grow over time not devalue and bitcoin could solve this and that's what's great about a deflationary currency.

It might goes down but government will find a way to keep it. Banks were built for those fiats and btc were not allowed yet in banks unless for fashing out only. Deposits were not still applicable. Btc user may grew in number but it will take time as well as in usage of btc in community since implementation were not broad to use by common people now.

I think it's hard for the government to decide replacing dollar in the future, and even if bitcoin will be recognized worldwide soon it's not a reason to replace dollar because of digital currency adoption towards payment system. There must be a consideration on all matters of conditions which might applicable on specific mode of spending, online or offline transactions always matters most whether fiat or bitcoin can be exchange at the same time. It should take more studies in order to implement this kind of system.