Post
Topic
Board Economics
Re: Do You Think Bitcoin Will Replace Dollar Soon?
by
Botnake
on 29/12/2017, 12:26:55 UTC
Has the potential to overthrow the whole established economic system. But the governments and authorities all over the world aren't in favor of cryptocurrencies. Worse, they fear it because they do not understand and that it may well be a threat to all the traditional system. So as long as they're keen on opposing it, it's gonna be tough for BTC to overthrow dollar or any paper currency for that matter.
They want to be in control all the time so I think they would allow bitcoin to replace dollar.
Bitcoin is a cryptocurrency and it's very useful and we were given another opportunity to enjoy a system that is decentralized and with the limited
supply of bitcoin, it's expected that the value will rise.