Is my opinion right or wrong?

[Russel 017 506]

I think bitcoin will not replace doller or any other currencies.I think it is impossible because every curreny has it’s own place.It will take same place but would not replaced 

[leakydonney 1402]

On 10/13/2019 at 12:30 PM, Thekingcallme said:

The dollar will not collapse in any way
Bitcoin does not affect the dollar because each has different effects
The dollar complements its strength in the strength of the economy
Bitcoin complements its strength in demand

I agree with you that Bitcoin would not displace USD dollar because it holds strongly the reinforcing roles in trade invoicing which accounts for five times the US share of world trade and global banking.

[Oxygen99 1930]

I don't think dollars will collapse because it is currently one of the most important and popular currency in the whole planet and even many countries accept it as a medium of exchange for that reason alone dollars will not collapse. Cryptocurrency is for sure developing day by day but i don't think it will ever replace Fiat instead it will only be used as an alternative currency even if it dominate the world.

[P A Ashif 2409]

No doubt Bitcoin can be alternative for a country's currency.  But it's very riskier. Just imagine if the creator of Bitcoin that is satoshi nakamoto who's identity is not known was waiting for this opportunity. He can be the boss then. And I think if any country want to replace their currency with crypto then they should create one on their own. 

Edited November 9, 2020 by P A Ashif

[Husnyjaf 1784]

On 10/12/2019 at 11:36 PM, bobjoemega said:

     In short, they want to make Bitcoin an alternative to the dollar because the dollar will collapse and Bitcoin will be the global currency and thus the currencies of countries will collapse because people will go to buy Bitcoin as an investment and thus will leave the citizens of the countries of local investment from the establishment of a farm or factory or other The value of Bitcoin and the decline of the value of local currencies of countries and thus will control those behind the currency Bitcoin on the capital of countries and will be able to buy the world's resources of oil, gas, gold and others in exchange for Bitcoin because it earned global confidence to Replace the dollar.
The countries of the world will seek to invest in Bitcoin and the owners of Bitcoin are the ones who invest in the resources of the world and thus control the economies of the countries.
The United States wants to replace dollar with the Bitcoin,  because the dollar has great responsibilities, if it collapses (the dollar), may lead to America's collapse.

    So, are you with me with my opinion, please just leave a comment below

Well to me I would say you are wrong. Most under developed countries still use cash instead of cashless money system. Its going to be difficult for them to operate with bitcoin because most of them don't operate or use the internet. 

[Ndayebo8 0]

The dollar represents the fiat currency , bitcoin represents crypto currencies so its important there is that one level to which one can be able to balance the two so one of the most important part of doing the right thing in the said currency is the two merging together , this becomes very easy for so many traders to stop having the heavy burden of fiat currency ,but come to the digital world of instant transactions but there is a better crypto , better than bitcoin.

[Jaafar Fahad Hassan 114]

2 hours ago, Ndayebo8 said:

The dollar represents the fiat currency , bitcoin represents crypto currencies so its important there is that one level to which one can be able to balance the two so one of the most important part of doing the right thing in the said currency is the two merging together , this becomes very easy for so many traders to stop having the heavy burden of fiat currency ,but come to the digital world of instant transactions but there is a better crypto , better than bitcoin.

Yeah ,the fait money is representative and majorly accepted by dollers while the cryptocurrency is well and known as Bitcoin, so when the two Fiat money (doller) and cryptocurrency (bitcoin) work together hand in hand,everything will be easy for people that are into it

[joemcgwa 3227]

On 10/13/2019 at 1:36 AM, bobjoemega said:

     In short, they want to make Bitcoin an alternative to the dollar because the dollar will collapse and Bitcoin will be the global currency and thus the currencies of countries will collapse because people will go to buy Bitcoin as an investment and thus will leave the citizens of the countries of local investment from the establishment of a farm or factory or other The value of Bitcoin and the decline of the value of local currencies of countries and thus will control those behind the currency Bitcoin on the capital of countries and will be able to buy the world's resources of oil, gas, gold and others in exchange for Bitcoin because it earned global confidence to Replace the dollar.
The countries of the world will seek to invest in Bitcoin and the owners of Bitcoin are the ones who invest in the resources of the world and thus control the economies of the countries.
The United States wants to replace dollar with the Bitcoin,  because the dollar has great responsibilities, if it collapses (the dollar), may lead to America's collapse.

    So, are you with me with my opinion, please just leave a comment below

The fiat currency of any country can be collapsed because of bitcoin but not USD, because Americans cannot agree to see their worldwide currency collapse because of bitcoin.

[Husnyjaf 1784]

On 10/12/2019 at 11:36 PM, bobjoemega said:

     In short, they want to make Bitcoin an alternative to the dollar because the dollar will collapse and Bitcoin will be the global currency and thus the currencies of countries will collapse because people will go to buy Bitcoin as an investment and thus will leave the citizens of the countries of local investment from the establishment of a farm or factory or other The value of Bitcoin and the decline of the value of local currencies of countries and thus will control those behind the currency Bitcoin on the capital of countries and will be able to buy the world's resources of oil, gas, gold and others in exchange for Bitcoin because it earned global confidence to Replace the dollar.
The countries of the world will seek to invest in Bitcoin and the owners of Bitcoin are the ones who invest in the resources of the world and thus control the economies of the countries.
The United States wants to replace dollar with the Bitcoin,  because the dollar has great responsibilities, if it collapses (the dollar), may lead to America's collapse.

    So, are you with me with my opinion, please just leave a comment below

Wow well it's very difficult to make such decisions for me without making much researchs.  But what I think is that you are correct in some aspect where u said bitcoin will raise higher in the world but I don't think the dollar can collapse just like that.  

[Nezar 7169]

Bitcoin has become one of the best currencies in the world, and it is very likely that it will have more value than the dollar currency, but this will not make it the main currency of the countries of the world, as the dollar currency will remain the only dominant one, and the Bitcoin currency will rise alongside the countries and will greatly help improve the economy of the countries of the world that depend on her

[Oxygen99 1930]

On 11/10/2020 at 4:31 AM, kenan 1 said:

@Oxygen99

Yes, my friend, the dollar is a global primary currency through which the prices of other things, such as gold and other products, are determined. It is impossible to cancel it.
Perhaps there will come a time when some cryptocurrencies will become the global currency, do not be surprised

I also believe Cryptocurrency will one day dominate the world because it is showing good improvement in terms popularity in different parts of the world which is why i have hope with the currency because it is unique 👌.

[Ryken8 545]

Bitcoin is more comparable with gold than with USD due to the scarcity of the currency. Unlike normal fiat currency where governments can keep on printing it thereby creating inflation and depreciation of value, bitcoin can only be mined up to 21M then no more. So it is very unlikely that any government can use bitcoin to replace their currency.

[Oxygen99 1930]

2 hours ago, sarahyes said:

@Oxygen99The cancellation of the dollar is not only related to this reason, my friend ... the dollar and all national currencies are usually a symbol of national sovereignty ... It is difficult or even impossible to abandon it ..

Yes my friend and that is another thing many people are finding difficult to understand and besides Cryptocurrency it came to existence not long ago which is to tell us that fiat is unique and nothing can be done to take it out of existence.

[ajabe2 1485]

Replacing dollar by Bitcoin can only be possible when the users of bitcoin will increase more. The next generation is already giving more preference to online shopping and trading, and hope that this trend will continue for a long time so we can expect bitcoin will become as popular as dollar and eventually replace it.

 

[Guru2050 8284]

On 12/2/2019 at 6:48 PM, bliznec said:

the formation of it that bitcoin will replace the dollar is a very possible option.

I don't believe in the perspective of those who think bitcoin is created to replace dollar no, but a coin with great potential to outshine physical currencies due to its exclusive and extraordinary features that are incomparable with fiat world

[scofield64 943]

I think your opinion is wrong because US will never give any chance to allow the Dollar collapse and bitcoin to become the global currency. Bitcoin will play its role as digital currency only.

[ABIR21 426]

According to my opinion usd and bitcoin both are different.  Because usd is currency and bitcoin as like a assets.  We buy assets by currency and by selling assets we earn money.  So,  it is not possible to replace usd by bitcoin. 

[mzk7736 1592]

Local currencies are quite developed and stable. There are no chances of their collapse because people sale Bitcoin often to purchase those local currencies. 

[Yad hair 358]

Not that easy. After all fiat and cryptocurrency are in different ecosystems. I don't think we can replace each other, but complement each other. moreover cryptocurrency especially bitcoin is still prohibited in some countries due to various economic and security reasons

[Jacky clark 368]

This is not happening anytime soon, the governments are supporting USD in the best way possible and bitcoin is currently as an asset of investment, that's it while you can find out by seeing the marketcap, it will really take long and good fight for bitcoin to replace USD

[Robert William 590]

On my opinion cryptocurrency is just a digital currency even though it holds real amount of money.it doesn't mean it can be used as a true currency.if you want to purchase something you have to exchange your coins first on a real currency

[Wane Rastuar 583]

I don't think bitcoin can ever collapse or dominate dollars to be the global currency according to me bitcoin should only treated as a crypto coins till the coins doesn't achieve its popularity and faith among the users in different countries

[Idaho Bruk 573]

There is no reason for the collapse of the American dollar. Why will the US change the world's most stable currency to bitcoin? Bitcoin is beneficial for investors, but its use is limited.

[Garion hirao 550]

Perhaps, I am not agree that cryptocurrency will replace flat currency due to its decentralize and the concerns of the government was the tax on how they will applied on it and the using of cryptocurrency to illegal transactions.

[Msh9 84]

Yes, my decision was correct when I chose to work with this encryption through which I made a lot of money and was able to improve my standard of living for the better and secure the requirements of my life