Quote from: AngelSky on November 26, 2017, 05:32:36 PM

Quote from: valen1309 on November 26, 2017, 01:35:53 PM

There are specialists who say that the YUAN is going to replace the dollar, what would happen with the cryptography if that happens?

Still there are very lesser number of people only using the bitcoin, we see that bitcoin is still not used bigger ratio around every place.
yuan will not replace the usd or any country.
We need the large number of adoption on bitcoin like by corporates or whales who have been invested on bitcoin. In future we will find the more altcoins and each will be added as a national currency for different alts.

I see this changing in the long run. We cannot expect bitcoin to just step in now and everyone accept it immediately. I remember when the whole idea of email started, it took so many years before it could turn to a global widespread thing and people started adopting the use of email and then we keep having improvements gradually. The same thing will end up happening to bitcoin.

Quote from: valen1309 on November 26, 2017, 01:35:53 PM

There are specialists who say that the YUAN is going to replace the dollar, what would happen with the cryptography if that happens?

I really do not see that happening anyway and maybe that is what China has been hoping for which has been making them attacking bitcoin from every angle. I really do not see how the downfall of dollar will affect bitcoin negatively; people will just go ahead with their normal daily activities and then make use of bitcoin to do their transactions which would even keep strengthening bitcoin.