Quote from: elghoniya on March 29, 2018, 12:16:45 AM

Quote from: Parazyd on December 23, 2015, 02:54:15 PM

Yes, got you intrigued, didn't it?

Bitcoin is a very good thing to have as an asset. Just like gold. Even better if I may say. It's secure, and unlike fiat money it actually exists and work is put into it to produce it. This makes it great to store value.
However, it cannot and will not replace current fiat money that the entire world it using. It just cannot.
Take paying a cup of coffee for example. To pay your coffee with bitcoins, one must get bitcoins first, either by mining or buying bitcoins with other kinds of money (*cough*fiat*cough). It ends up being a quite complicated process, don't you think?
Until we reach the point where paying for a cup of coffee is as easy with Bitcoin as it is with cash, we will never get mass adoption. And as far as I see it, there is no way of simplifying the acquiring of bitcoins.

see condition of bitcoin at this time, it can be happen. I think

Yes bitcoin cannot replace fiat.Bitcoin is just a cryptocurrency and requires internet connection to get operated.Fiat currency is used by every person all over the world.It is very difficult to replace fiat.It is very stable and is centralised so the government and the central banks take good care of fiat currency and maintain its integrity.Fiat does not any knowledge unlike cryptocurrencies which require some basic knowledge about market.