RE: Can Bitcoin Replace the U.S. Dollar?

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Can Bitcoin Replace the U.S. Dollar?

in bitcoin •  7 years ago 

I would say that Bitcoin itself is too slow... but as a store of value, it has already replaced the US$...

😄😇😄

@creatr

bitcoin
7 years ago by

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      ·  7 years ago 

    Hey @creatr! Let's see if Segwit2x improves BTC's speed but you're right, there are more places around the world that are already accepting BTC as a form of payment. Now if we can get universal acceptance of BTC from the biggest vendors and merchants, then we'll definitely be closer to seeing a replacement for the USD!

    Always great to hear from ya amigo!

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      ·  7 years ago 

    haha @creatr you think so? well how fast do you think that bitcoin should run? tell if you are currently thinking that it is slow at it current high raising

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      ·  7 years ago 

    Bitcoin should run as fast as Steem and Bitshares. It will never replace the US$ without a far, far higher transaction rate.

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      ·  7 years ago 

    Yup thanks to Graphene technology, Steem and Bitshares are the fastest blockchain solutions in the world. Nevertheless BTC is available 24/7 and still much faster than USD bank transfers.

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      ·  7 years ago 

    Will never handle the demand for volume of transactions without an upgrade...

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      ·  7 years ago 

    I'm waiting with bated breath for Segwit 2x and hope the core developers can continue making updates to BTC.

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