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Topic: Bitcoin can be a national treasure. - page 11. (Read 3667 times)

newbie
Activity: 76
Merit: 0
August 28, 2018, 09:49:32 AM
Of course it can. From the country where the population is stepping on with the stehchnic progress. Where citizens use new tools. They make their country not only advanced but also rich.
sr. member
Activity: 530
Merit: 250
August 28, 2018, 07:49:22 AM
Bitcoin is truly a treasure for someone who achieved even a single piece of it. Its value transcends that of a precious gold dust, proven that most people spend most of their time and effort to gain one bitcoin atleast. One can say that a bitcoin can replace everything; from salary, currency and that of a treasure. A country with its citizen having much reserve of bitcoins can be a powerful economic advantage.

Can we consider bitcoins as national treasure of a country comsidering its economic significance?


Personally, I consider bitcoin to be a national treasure. Why? like you say day after day everyone collects bitcoin and I have enjoyed the results, made my life changed, even a country that is critically helped by its economy because of bitcoin, I agree if bitcoin is said to be a national treasure
sr. member
Activity: 910
Merit: 257
August 28, 2018, 07:26:15 AM
Bitcoin is truly a treasure for someone who achieved even a single piece of it. Its value transcends that of a precious gold dust, proven that most people spend most of their time and effort to gain one bitcoin atleast. One can say that a bitcoin can replace everything; from salary, currency and that of a treasure. A country with its citizen having much reserve of bitcoins can be a powerful economic advantage.

Can we consider bitcoins as national treasure of a country comsidering its economic significance?


Well, I would say, like most replies, that it has a good potential to reach that mark; however, at the moment, it would take some time to reach that point. Right now, cryptocurrencies, and Bitcoin to be specific, is still getting the groove as an asset and market, and so, it still has many issues, especially when talking about its stability, value and market position. Although it has been receiving a good amount of support from the market, it has been estimated that only around 10% or less of the world population knows about it. So, that's why it still has a lot of road to cover when it comes to being a national treasure.
newbie
Activity: 11
Merit: 0
August 28, 2018, 07:24:07 AM
It is impossible to become a national asset, but it could be the kind of electronic currency used globally and the benefits it brings. If the national assets are likely to be disputed here?
member
Activity: 165
Merit: 10
August 27, 2018, 03:46:54 PM
In my opinion Bitcoin can not be a treasure of a nation by. It will only become the treasure of the nation when that country recognizes and allows transactions without limiting its influence as well as its public use. It is only the property of the individual who holds it is with great value.
full member
Activity: 644
Merit: 145
August 27, 2018, 03:02:32 PM
I think it might be possible. But not as fast as you think. It still takes a lot of time to be like that or become a national treasure. And I hope bitcoin will be like that.

It is impossible, however much we like it.
States with a strong economy will never take such a step. If "gold" becomes digital, it will not be bitcoin, it will be a crypto currency created by the government (or several governments).
Bitcoin will not become a national treasure because:
1. it was developed by an unknown person
2. it is not clearly understood for what purpose (the true goal)
3. the possibilities of managing by the creator aren't fully understood
full member
Activity: 381
Merit: 100
August 27, 2018, 02:49:38 PM
This is even more evident than what you mentioned above as i know about Bitcoin as an example of how Bitcoin is a national treasure. Vanuatu the nation's 34th most powerful passport and fourth in the global index of happiness, is selling for naturalization at Bitcoin prices. That shows how Bitcoin is so valuable that people can do everything with Bitcoin and Bitcoin's value is increasing as more people use it. It is no longer the property of another nation but the treasure of humanity.
newbie
Activity: 350
Merit: 0
August 27, 2018, 02:27:29 PM
The Singapore Stock Exchange announced a partnership with the Central Bank of the country to develop a blockchain platform designed for securities transactions.
newbie
Activity: 136
Merit: 0
August 27, 2018, 02:26:49 PM
I think it might be possible. But not as fast as you think. It still takes a lot of time to be like that or become a national treasure. And I hope bitcoin will be like that.
newbie
Activity: 134
Merit: 0
August 27, 2018, 02:24:02 PM
I think it might be possible, because bitcoin is still in the development stage and it still takes time to become a national treasure.
newbie
Activity: 350
Merit: 0
August 27, 2018, 02:22:51 PM
Residents of the Bahamas will now be able to receive and confirm their diplomas of education with the help of a new blockchain-system that will eliminate bureaucratic obstacles and increase the convenience of job search.
newbie
Activity: 350
Merit: 0
August 27, 2018, 02:21:14 PM
Gazprom Neft-Aero and S7 optimized the process of refueling with blockchain technology, developing smart contracts (Aviation fuel smart contracts (AFSC)) to improve the speed of settlements when refueling aircraft, automating planning and accounting for aircraft fuel supplies.
member
Activity: 560
Merit: 10
YOUC - www.youengine.io
August 26, 2018, 10:55:50 PM
Bitcoin is truly a treasure for someone who achieved even a single piece of it. Its value transcends that of a precious gold dust, proven that most people spend most of their time and effort to gain one bitcoin atleast. One can say that a bitcoin can replace everything; from salary, currency and that of a treasure. A country with its citizen having much reserve of bitcoins can be a powerful economic advantage.

Can we consider bitcoins as national treasure of a country comsidering its economic significance?


I think it will become a real treasure if many peoples need it. Someday, i hope bitcoin will be used by everyone in the world.
So the bitcoin value will not volatile anymore, and many peoples own btc to use it on the daily transactions.
newbie
Activity: 126
Merit: 0
August 26, 2018, 04:50:03 PM
The new head of the financial services agency of Japan (FSA) said the need to maintain the growth of the crypto-currency industry in the country and get rid of the "excessive" regulation of crypto-instruments.
That is something worth saying, many countries should imitate Japan, cryptocurrencies has already improved the economy of the Japanese
newbie
Activity: 126
Merit: 0
August 26, 2018, 04:47:45 PM
National treasure, maybe not as some countries are not very welcoming to innovation being brought by bitcoin. Bitcoin is certainly a treasure to all who own it
full member
Activity: 353
Merit: 100
https://luxantdigitalbank.com/
August 26, 2018, 04:44:38 PM
Bitcoin is an electronic asset with the strong net work systems incorporated with the modern technology and can be operated world wide .Bitcoin is a new form of economy which is contrary to the present form of economical concepts and its features are attractive to the global investors so its  popularity is increasing world wide.Among the global population 40 percentage of the people only capable of handling the bitcoin due to the modern technologies unawareness.Even then the market capital of bitcoin and its daily traded volumes are very high.Bitcoins usefulness to  human life is increasing considerably and it can be a national treasure.
newbie
Activity: 350
Merit: 0
August 26, 2018, 03:14:15 PM
The new head of the financial services agency of Japan (FSA) said the need to maintain the growth of the crypto-currency industry in the country and get rid of the "excessive" regulation of crypto-instruments.
full member
Activity: 406
Merit: 100
August 25, 2018, 02:15:39 PM
You can know that especially for developing countries because bitcoin can be very valuable by increasing their economy. Crypto can also change the economic situation in the future. Cool
jr. member
Activity: 84
Merit: 3
August 25, 2018, 01:20:21 PM
Considering the price of 1 btc there is no gainsaying the fact that it is indeed a national treasure,and it's decentralized nature makes it even more of it....
full member
Activity: 938
Merit: 137
August 25, 2018, 01:14:30 PM
It is possible and so to speak. Bitcoin will be a national treasure, as citizens will treat it as their treasure. However, we remember Satoshi Nakamoto's words that in twenty years bitcoin will have either many transactions or no transactions. Therefore, one should always remember the risks of investing in crypto currency, because after a while the treasure of bitcoin can turn into dust in a few days.
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