Bitcoin will never replace the dollar, but it can become a real currency with at least something secured, unlike all other currencies. After all, they (currencies) are issued by central banks and even private banks (as in the USA) for their national purposes. Bitcoin is untied from national borders, so in the future it will keep the dollar company on the financial "Olympus" - this is obvious to many today.
I don't think btc will replace the dollar in our lifetime. As it is decentralized, the government can't have the full control of its circulation. And most governments prefer to have control with their financial system. Some may adopt it as legal tender like El Salvador but I don't think we will come to the point that btc or crypto will replace the dollar in the international market. I like the optimistic view here but we need to be realistic with our outlook on this matter.
The majority had never thought it will replace and I think that was right.
Jack could be a known person in the community but he is not known as a fortune-teller. What he does is just his own market insights and like based on his imagination where is going fan of it but that never comes to reality.
Well, I just thinking what gonna happen to the third-world countries that have no internet connection and those people who don't have the capacity to buy gadgets?
We do have our own market insights and own views in everything and it just turn out that this guy is just known and popular where those words could be a bit getting some attention but in overall then it is always
been ended up on being speculative as it should always be because we couldnt know on where it would be heading and speaking of replacing dollar is just really a dream because we know that no matter how bitcoin
would grow up but it wouldnt really come into a point on which it could replace fiat and people shouldnt really come to a point on being optimistic like this one.