Post
Topic
Board Economics
Re: Do You Think Bitcoin Will Replace Dollar Soon?
by
xebecstyx
on 18/11/2017, 18:07:53 UTC
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 agree. I doubt that it would replace the dollar. It plays in a different market altogether, and I think, even if the value of bitcoin would continue to rise, there will still be some people who would trust using fiat than crypto, and there, the dollar would come as a surety to keep the market going. I foresee bitcoin and dollar would interplay and maybe used side by side instead of one replacing the other.