Post
Topic
Board Economics
Re: Do You Think Bitcoin Will Replace Dollar Soon?
by
Ngewex Yuk
on 24/02/2018, 03:36:37 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?

it is very difficult to say something about the timing. certainly the future in which bitcoin (or altcoin) replaces paper money seems tempting. However, most governments are cautious about the crypto market.
I am convinced that whenever paper money will survive and will never disappear, the main reason for imposing new things such as cryptocurrency or digital money to all citizens is difficult and takes a very long time especially if the population is very large like China or India.