Hello guys,
Do you think bitcoin will be a threat to USD and Pound Sterling in the nearest future?
if yes, give an estimated time this can happen.
In my opinion, Bitcoin is not a threat to both. Because basically everyone who holds Bitcoin will still exchange their Bitcoin with local currency, in order to be used to transact traditionally. We know that Bitcoin can only be used online, while dollar and poundstrelling can be used online and offline for wider transactions. So, Bitcoin is not a threat. These are two different technologies.