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Why does he even think like that in first place. It is the price difference and exchange capability of bitcoin and fiat currency which us making is rich. If that gets replaced with one currency then how we can get the profits or how we can differentiate ourselves with that price tag. I think it's not possible because it's just not well possible! There can not be two sun in the single solar system, it will burn the life. So there can not be two currency otherwise it will just break down the economy of country. The dollar bill is something related to traditions, old ways of trading and it will never get replaced in any time soon. Bitcoin is perfect fit in the internet world and might not just fit in the real world. So may be not this time.

While I do agree that two currencies cannot be the main currency of a country, I don't really agree that the world is all about tradition. The traditional way might be sending money with dollars. The traditional way might even be physical fiat but that's clearly not the case anymore. In this modern age, people don't really embrace traditions that much anymore. People seek something new everyday and bitcoin is something new. It's only a matter of time before bitcoin gets considered as a "cool" thing and people will follow the trend. These days, people are into bitcoin because of the ridiculous gains it had given us in the past couple of months.

Another thing, I do agree that bitcoin cannot be the main currency of a country together with their local currency because bitcoin is not taxable. The country will have no funds and so they will be forced to ban bitcoins (which is quite hard to do, impossible even) or put a huge percentage of tax for fiat currency users, which will then of course force them to use bitcoins instead.

I think yes because of the decreasing value of dollar and increasing value of bitcoin. All over the world many people use bitcoin instead of dollars any especially those people who works online even with the US Company from their homes.

The companies often pay their remote employees in bitcoins and not in dollars. The reason is easy transactions and worldwide use. All these things will remove dollar from the market.

It is not a big deal for bitcoin to replace not only dollar but so many other currencies as well. But the thing is, it will not be possible till the time the governments of different countries declare bitcoin as legal currency. This is the only hurdle in the way of bitcoin which is keeping it little less popular than that of dollar. I am very much sure that in the future, things will be in very much favor of bitcoin.

Even though the government will declare bitcoin as a legalized currency then it will not be enough for bitcoin to replace the fiat like us dollar and other currencies because just imagine if bitcoin will become the world's currency, do you think that it will be able to supply all the people based on their demand and do you think that they can use it properly if the price or value of bitcoin is not fixed so those are the questions that needed to be realized by the people who want to replace the fiat with bitcoin.

I agree with you if it becomes and replacement for dollar it won't be able to make it far because there are only 21 million and right now the us has more that 21 million people so it would never be like this impossible to compare those two together.

Haha, after hardfork and created Bitcoin Cash from old chain of Bitcoin in August, I do not need to worry about the total supply coin of Bitcoin in future. If Bitcoin become famous, we can clone more Bitcoin through hardfork like Bitcoin Cash, nothing is difficulty.

And you will be seeing this happening in future. Bitcoin is spreading like a jungle fire. More and more countries are getting to know about it. Few have started to legalize bitcoin and some have done so far like Japan etc. so in upcoming years whenever you think of making some precious things, bitcoin will be there to help you rather dollar. It will definitely replace it within no time.

I only trust Bitcoin, fork coin is clone coin from Bitcoin and these coins will not have opportunity to compete to Bitcoin. Even, I never use Bitcoin Cash and receive it from Hardfork in August because I have held my Bitcoin in Ethereum in that time Grin

. Sadly, my prediction was wrong and I accepted to take loss and buy again Bitcoin before it increase to $4,000.