Topic: Bitcoin as the national currency of the United States (Read 600 times)
That is quite an imagination right there because the United States is at present foot dragging in taking cryptocurrency mainstream and yet that could mean missing out of great opportunities in what is set to define the future of money and the financial world in general. I quite understand any initial skepticism but they should pass that stage by now. Bitcoin is set to be adopted en mass across the world.
The idea is good and but I dont think this phenomenon will start from USA, a country like Malta can implement cryptocurrencies way faster than USA because it is small and very less people to educate.
I do not believe that exactly bitcoin will become the official currency of any state. Most of the coins found are already owned by whales. For the national economy, a more flexible cryptocurrency is needed.
Whales are those who hold large amounts of Bitcoin. I think that only when the government solves the problem of manipulating the price of the whale. Of course, Bitcoin will become the official currency of the world.
I don't think Bitcoin is American. I don't know why you have such a point. I think Bitcoin is a country that does not belong to any country.
This would be cool 
Isn't it the land of the free?
It's hard it ever happens, but just the possibility makes me believe in that sentence saying that not hodling any bitcoin is almost imprudent.
Isn't it the land of the free?It's hard it ever happens, but just the possibility makes me believe in that sentence saying that not hodling any bitcoin is almost imprudent.
Do not be surprised by this one country, America is a big and advanced country. Americans do not want to be left out of other countries so America wants to make bitcoin as the national currency.
That is pretty right because Bitcoin is a decentralize crypto and it cannot be claimed by any country. It can rather become an international currency and not a national. Having a status of international currency, it will be accepted by all the countries around the world and might even outshine US dollar. This is a reality that the number of Bitcoin users in America is the most than any other country but this does not mean that Bitcoin will be claimed as an American currency. 
Over the next 10 years, the capitalization of the crypto currency will reach $ 100 trillion, 10% of which will be accounted for by bitcoin. This forecast was voiced by a well-known venture investor Tim Draper in an interview with TheStreet.
A long-time supporter of bitcoin said that the fiat currencies will be out of circulation very soon. Draper also said that he has enough crypto currency to live in the next four to five years without needing anything. Therefore, he is not interested in keeping money in fiat currencies, since they are depreciating over time.
"Recently I talked with people from the Federal Reserve and told them that they should look for a new job in the next 10 years, because during this time there will be no need to use centralized currencies," he said.
According to Draper, if Donald Trump had asked him to develop a "US crypto-currency policy," he would first of all make bitcoin a national currency.
"I think that in the next four years there will be a big change, and people will make mass purchases in the crypto currency," the investor suggested.
In his opinion, the US needs to create a separate body to regulate the crypto-currency market, which would not be subordinated to the Securities and Exchange Commission or the Commodity Futures Trading Commission.
Link to the source https://forklog.com/tim-drejper-ya-by-sdelal-bitkoin-natsionalnoj-valyutoj-ssha/
I have my own opinion about this. Do you think that bitcoin was invented to replace the dollar system with crypto currency? Are the Rothschilds and the Rockefellers standing behind this plan? Will there be global decentralization or will global financial slavery await us?
A long-time supporter of bitcoin said that the fiat currencies will be out of circulation very soon. Draper also said that he has enough crypto currency to live in the next four to five years without needing anything. Therefore, he is not interested in keeping money in fiat currencies, since they are depreciating over time.
"Recently I talked with people from the Federal Reserve and told them that they should look for a new job in the next 10 years, because during this time there will be no need to use centralized currencies," he said.
According to Draper, if Donald Trump had asked him to develop a "US crypto-currency policy," he would first of all make bitcoin a national currency.
"I think that in the next four years there will be a big change, and people will make mass purchases in the crypto currency," the investor suggested.
In his opinion, the US needs to create a separate body to regulate the crypto-currency market, which would not be subordinated to the Securities and Exchange Commission or the Commodity Futures Trading Commission.
Link to the source https://forklog.com/tim-drejper-ya-by-sdelal-bitkoin-natsionalnoj-valyutoj-ssha/
I have my own opinion about this. Do you think that bitcoin was invented to replace the dollar system with crypto currency? Are the Rothschilds and the Rockefellers standing behind this plan? Will there be global decentralization or will global financial slavery await us?
it is really impossible.
no bank or no national currency want a rival for itself.
they are scam news or ideas. no coin can be used for a national currrency.
I don't think that bitcoin will replace the dollar. It doesn't have the necessary characteristics. I believe that crypto currency is the future currency, but bitcoin will not replace the dollar. A separate currency will be developed for these purposes. This is much more meaningful. Think about it.
Concerning the conspiracy to create bitcoin, it does not make sense at all. I do not think that the billionaires are behind his creation. Sleep soundly.
Concerning the conspiracy to create bitcoin, it does not make sense at all. I do not think that the billionaires are behind his creation. Sleep soundly.
I agree, and I dont think it was created for that purpose too. And it is hard to replace the US Dollars because it had established long ago already, bitcoin is still new and is still striving for its reputation and price.
I don't think that bitcoin will replace the dollar. It doesn't have the necessary characteristics. I believe that crypto currency is the future currency, but bitcoin will not replace the dollar. A separate currency will be developed for these purposes. This is much more meaningful. Think about it.
Concerning the conspiracy to create bitcoin, it does not make sense at all. I do not think that the billionaires are behind his creation. Sleep soundly.
Concerning the conspiracy to create bitcoin, it does not make sense at all. I do not think that the billionaires are behind his creation. Sleep soundly.
I'm confident that the crypto currency will be implemented everywhere, but this process will be very slow.
It's okay if the process will be that slow as long as we see the progress has been carefully reviewed and adopted by any state not only on US but for other countries as well.Satoshi won't create bitcoin in the first place if there's nothing wrong with online payments including the delays, high fees and other concerns that users are feeling the pain.
I think that the US is the last to legalize the crypto currency, since this country is categorically against any cryptographic activity. But I agree with you and I think that this event will necessarily come.
I'm fully sure that the crypto currency was created not by chance. Most likely this was a forced measure, because the world's financial leaders realized that the old financial and economic system is becoming more and more inefficient. I'm confident that the crypto currency will be implemented everywhere, but this process will be very slow.
Then what do you think about stablecoins? I think ones like Havven pave the way to mass adoption since the biggest obstacle to crypto is price volatility. I would NEVER buy coffee with btc lol
if bitcoin can be a national currency in united states it seems good news because with that information and development I'm sure bitcoin can be very expensive because its demand will surely increase. so you better buy bitcoin at this time also while still cheap price.
It will not definetely be a national currency because it has nothing to do with nations and replacing usd with bitcoin as a national currency is nonsense. It will be world currency.
I can not imagine like that america would dare to take this step, even if i personally would like it.
Such an announcement would certainly bring bitcoin to a new ath.
It would be nice, but it is not more than speculation at the present time.
Such an announcement would certainly bring bitcoin to a new ath.
It would be nice, but it is not more than speculation at the present time.
I think its just too much of a speculation if bitcoin would be the national currency of the country United States. It would be useful if it is just tagged or named as it is right now.
Your metaphor is not correct. I don't think Bitcoin is in the United States or in other countries. I think Bitcoin is human and can be used by people in every country. It does not mean that the mining machine has mastered the market and market. No country can control Bitcoin.
idea of decentralized currency is good and we should adopt it soon to save ourselves from fraud banks .
but problem with bitcoin is not only fee and speed , but big issue is the supply dominated by whales , few whales have much supply of bitcoin and if in such case we make it national currency then it is same like giving key of economy to those whales . so we need a better solution for making it truly decentralized and equally distributed currency .
but problem with bitcoin is not only fee and speed , but big issue is the supply dominated by whales , few whales have much supply of bitcoin and if in such case we make it national currency then it is same like giving key of economy to those whales . so we need a better solution for making it truly decentralized and equally distributed currency .
Do not be surprised by this one country, America is a big and advanced country. Americans do not want to be left out of other countries so America wants to make bitcoin as the national currency.
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