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Topic: Bitcoin can be a national treasure. - page 17. (Read 3667 times)

full member
Activity: 366
Merit: 100
August 18, 2018, 05:35:01 PM
I don't know how bitcoin is gonna get termed as a national treasure, but to me the technology will let digital assets to get termed as national treasure. One such has taken place already with the petro tokens which were now used as the validatory asset for currency. Similar things might take place around the world in the falling period.
newbie
Activity: 18
Merit: 0
August 18, 2018, 05:25:27 PM
Bitcoin can be a national treasure

national:

1. connected with a particular nation; shared by a whole nation
- national and local newspapers
- national and international news
- national and regional politics
- a national election
- These buildings are part of our national heritage.
- They are afraid of losing their national identity.

2. owned, controlled or paid for by the government
- a national airline/museum/theater

What nation or government are you talking about in particular, may I ask?

As opposed to the 'national,' we could speak here about the 'global' currency/pride, etc.
Given the international and distributed nature of BTC, we can call it a 'global treasure' rather than a 'national treasure,' which sounds absurd.
legendary
Activity: 1274
Merit: 1004
August 18, 2018, 04:12:02 PM
Yes everyone considered Bitcoin to be a treasure because its price constantly changes and mostly it goes up. If someone invests $800 into Bitcoin then that can become $8, 000 in a couple of months luckily. It's all confidence but still, there is a chance and everyone just want to try it. It's very old human nature which no one can escape nonetheless I like to and Bitcoin and spends it regularly without thinking about the future.
newbie
Activity: 350
Merit: 0
August 18, 2018, 04:11:07 PM
Дaльний вocтoк гoтoвитcя пpeдcтaвить peзyльтaты пpoдeлaннoй paбoты, и cпeциaльнo к дaннoмy мepoпpиятию Aмypcкaя oблacтьэмитиpoвaлa peгиoнaльнyю кpиптoвaлютy AmurCoin.
full member
Activity: 339
Merit: 120
August 18, 2018, 03:58:53 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?

It might be or it can be considered as one if the assurance for its existence will be locked into the future generation because if it will just be used up meaning if it will disappear in the span of time, then how can we call such thing that does not exist anymore? Well, I believe that Bitcoin can stand up into its survival for the next years to come.
member
Activity: 395
Merit: 10
August 18, 2018, 03:55:44 PM
Bitcoin is a unique phenomenon that is designed to change the world for the better. It is like nothing and is unlikely to be invented something better than it (at least in the near future). Therefore, it can really be our common heritage.
member
Activity: 574
Merit: 12
August 18, 2018, 03:47:20 PM
yes bitcoin can be consider a national treasure since people and investors see it as something they can invest and hold on to just like gold. in years to come almost everyone will hold a certain amount of bitcoin.
newbie
Activity: 62
Merit: 0
August 18, 2018, 03:41:26 PM
Bitcoin indeed is a treasure and a country with lot of its citizens investing in it will really have a good economic backbone. However it’s value fluctuations and the acceptance of it by the government of the country may be a problem but I believe it will work in the future.
newbie
Activity: 210
Merit: 0
August 18, 2018, 03:40:37 PM
bitcoin value transcends that of a precious gold dust, proven that most people spend most of their time and effort to gain one bitcoin can say that a bitcoin can replace everything; from salary, currency and that of a treasure...country with its citizen having much reserve of bitcoins can be a powerful economic advantage....we consider bitcoins as national treasure of a country comsidering its economic significance possibility is not remote, there's a big chance that it could be a national treasure for some country,investors and holders consider it their treasure,bitcoin will be more valuable than tangible assets and it could happen in the next ten years...
member
Activity: 322
Merit: 10
August 18, 2018, 03:38:52 PM
Bitcoin is our common pride, because it does not belong to anyone one or any one country. We promote bitcoin ourselves, we support it with our faith and our constant investments. I'm happy to be involved.
member
Activity: 490
Merit: 10
August 18, 2018, 03:34:29 PM
Of course, I have never betrayed such a huge value to bitcoin, but it really deserves respect and pride. This is something that can really change our world order for the better.
newbie
Activity: 295
Merit: 0
August 18, 2018, 12:48:44 PM
bitcoin is primarily a speculative investment, whose soaring price has been compared to a bubble. in Venezuela, where inflation topped 2,616 percent last year, cryptocurrency is a way around restrictions on holding foreign currency, and in some cases, a means of survival. That’s made Venezuela an interesting laboratory for cryptocurrency serving as both a real currency and a viable means of storing value.
newbie
Activity: 57
Merit: 0
August 18, 2018, 12:36:06 PM
Yes, Bitcoin can be considered a national treasure because it does not have inflation.

Yes I agree that it is considered a treasure but not only national. It could be an international.
sr. member
Activity: 700
Merit: 250
August 18, 2018, 12:26:00 PM
It's possible bitcoin will be a national treasure with many holders unlike gold,diamond,paint with a little amount of holders and owner.
the possibility is of course there is, because we live that does not always stop on the road, there must be a bitter journey and a bitter one, like now we are experiencing a bitter journey, but we still have to enjoy this trip.
newbie
Activity: 19
Merit: 0
August 18, 2018, 10:53:41 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?


Bitcoin doesn't belong to any one nation so it can never be a "national" treasure.

Right. It's an INTERnational treasure because its price doesn't vary by country. Its price is all the same around the globe. But it IS a treasure and it will soon change a lot in this world Wink

Sure. International or Global.
But I believe, despite rumors, many governments are interested in adopting BTC because it might help them in many ways, so they might see it as treasure, but with global turnover and international prices it is still more international than national, of course.
Its nice to see a little sense in this thread, bitcoin belong to users, and users are all of us. I need to correct the guy in the middle, bitcoin doesn`t have same price around the globe, prices vary greatly depending on the country in which the exchange is located. You have one price in US, another in EU, and in Asia price of bitcoin is always a bit higher, I don`t know why, even that is explained here on forum by some people I`m not convinced they are right about that. Bitcoin can be treasure for anyone who collect it investing in it, it can be a single man or country.

That's why countries can't own it for themselves. They'll want to make it their own "national treasure" but it cannot function in that way. It is an international treasure for all who want to participate, regardless of background or financial standing. There are virtually no boundaries for entry and anyone can invest whatever they want. This is true democracy in money, where the asset is decentralized and uncontrolled. It allows us, the people, to take it and use it as we please, without having to deal with fees or limitations.
newbie
Activity: 28
Merit: 0
August 18, 2018, 06:58:55 AM
Bitcoin is an economic investment strategy. For technologically advanced countries, that is very potent. Can be considered as an important factor in the development of the country.
newbie
Activity: 84
Merit: 0
August 18, 2018, 06:02:48 AM
I suppose it could be possible because Bitcoin has a huge future. Bitcoin is the most trusted digital currency for digital currency, so it can be the national wealth.
newbie
Activity: 308
Merit: 0
August 18, 2018, 05:38:25 AM
BTC really can be national treasure. BTC is best cryptocurrency which are fluctuated and it’s can replace gold as treasure.
full member
Activity: 564
Merit: 100
August 18, 2018, 05:27:16 AM
Of course, that is possible, but the condition is that its price must be stable, so it can not be implemented right now. Bitcoin is high priced, can be traded quickly, convenient and safe. However it does not have real value, I think we should consider this issue to call it a national treasure.
member
Activity: 322
Merit: 10
August 18, 2018, 05:26:35 AM
For now Bitcoin has such high dominance and does not have any competition, but near future, i believe altcoin such as Ether, Neo, Eos can give bitcoin hard time, as they rapidly improving their tech and transaction, however, ETH can easily take over bitcoin if they are doing properly for soon future.
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