Topic: [2017-09-26] BITCOIN AS NATIONAL CURRENCY? NOT SO FAST (Read 2746 times)
Bitcoin can not be a national currency. He has no attachment to any state. Crypto currency also can not be the only means of payment for the state, even purely from the practical side. In the financial market of each country there will be situations in which the crypto currency can not be applied. Therefore, reasoning on this topic is a waste of time.
YOUR ALL CAPS TITLE MAKES YOU LOOK LIKE AN IDIOT.
Can we actually consider Bitcoin as national currency? Can we imagine that one day whole economic system of a country will be based on cryptocurrency and blockchain architecture?
In theory, that would be perfect. Accounts would be balanced, financial predictions could become more accurate. And even imagine that whole voting system is based on the blockchain. Or even settling most of the bureaucratic matters would be done by few clicks from your home.
More: http://dowbit.com/bitcoin-as-national-currency-not-so-fast/
In theory, that would be perfect. Accounts would be balanced, financial predictions could become more accurate. And even imagine that whole voting system is based on the blockchain. Or even settling most of the bureaucratic matters would be done by few clicks from your home.
More: http://dowbit.com/bitcoin-as-national-currency-not-so-fast/
Jump to: