Quote from: Bellator on October 24, 2017, 09:09:49 PM

Quote from: Nathland on October 24, 2017, 12:39:17 PM

Quote from: VirosaGITS on July 29, 2015, 07:14:39 AM

Quote from: Huobi-USD on July 29, 2015, 07:13:36 AM

Coinbase CEO believes bitcoin will replace dollar within 15 years.

Read the following news:
http://cointelegraph.com/news/114983/coinbase-ceo-bitcoin-will-replace-dollar-within-15-years

Do you think it will be true? Are you positive towards bitcoin's future status?

Nope. I very doubt government will want to relinquish control...

As a sub currency it could gain mainstream use but i think there will be much blood before BTC replace the Dollar.

I think bitcoin can not replace dollar soon. Because still many people do not know about bitcoin. And there are many millions people who still don't use Internet and than they how can depend on bitcoin. So before the replacement of dollars, there is a urgent need that every person on earth can access the account and they should have a basic knowledge of Internet than they can understand the bitcoins and till they will own the bitcoins. Than there will be chances that bitcoin can replace dollars. Bitcoin has strong potential but it needs and depends on Internet. Without the access of Internet, bitcoin can be used, stored .

Yes i agree to you that bitcoin is impossible to replace the dollar for the other reason that we know that bitcoin is an crypto currency and today's world is not yet fully capable of running all things digitally and aside of that maybe government doesn't allow that to happen since one of the measure of country's economic progress is through there currency value, and other obvious reason that the government never let bitcoin to replace the dollar is there taxation will be lowered and political power will be lost.

WE do not need bitcoin to replace dollar because it is impossible since bitcoin only produce 21 million coins. However, we can expect that other cryptocurrencies will replace this Fiat. As you know, the government controls everything in our country. But the people want to control themselves and their own property. They do not need the governemnt to corrupt their life or their balance. In the future, I believe there will be no government Wink