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Topic: Bitcoin can be a national treasure. - page 5. (Read 3674 times)

newbie
Activity: 84
Merit: 0
September 16, 2018, 12:51:43 PM
Yes, it can be but in this time it is impossible because still it is declared illegal in many countries and also it is not accepted to every where.
newbie
Activity: 350
Merit: 0
September 16, 2018, 12:39:34 PM
American venture investor and blockbuster enthusiast Tim Draper said that the total capitalization of cryptology will reach 80 trillion dollars in the next 15 years.
jr. member
Activity: 56
Merit: 1
September 16, 2018, 11:22:20 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?

I agree with you on this. When Bitcoin is overwhelmed, governments must look at and rationalize the legalized bitcoin to boost the economy. I think there are many governments that have regretted selling the bitcoin they hold at low prices.
sr. member
Activity: 896
Merit: 250
September 16, 2018, 11:17:31 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?

I think the bitcoin does not have much influence on the economy of a country at present, but if it is widely spread around the world accepting it as a currency for official trading, then btc It really affects the national economy but it's a matter of the future and we can not be sure what the future will be like.

if what I know about the future that will be experienced by bitcoin will be bright and always developing, because most people in this world already know and use it too. so bitcoin will also become a national currency even though it cannot be used as a real currency
member
Activity: 672
Merit: 12
September 16, 2018, 11:14:09 AM
If more and more people will be using bitcoin; it will be a treasure to people.  But if the country will support bitcoin it will become the national treasure.  And I am of the opinion that it will happen sooner or later.
jr. member
Activity: 154
Merit: 1
September 16, 2018, 11:07:26 AM
I also believe that bitcoin is a national treasure of the whole world, almost everyone on our planet knows about it and everyone wants to have it in their wallet !
newbie
Activity: 79
Merit: 0
September 16, 2018, 10:58:57 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?

I think the bitcoin does not have much influence on the economy of a country at present, but if it is widely spread around the world accepting it as a currency for official trading, then btc It really affects the national economy but it's a matter of the future and we can not be sure what the future will be like.
jr. member
Activity: 406
Merit: 2
September 16, 2018, 09:31:26 AM
yes it can be said that, like this if the people of a country are active in crypto and have a lot and use bitcoin, I am sure their economy will increase, and impact on the rise of life and purchasing power of the people, thus inflation can be suppressed, the economy increases and the people live prosperous , it will all cause the country's economy to become more advanced, the true existence of bitcoin is a very valuable asset today
newbie
Activity: 18
Merit: 0
September 16, 2018, 09:20:44 AM
Oh of course,, the value of BItcoin is many times as much as the value of gold. Besides, mining Bitcoin is quite difficult  like mining gold. However, it's up to the existent of this cryptocurrency market. We can not make sure that Bitcoin may develop more than now because few people gradually are out of Bitcoin.
sr. member
Activity: 569
Merit: 250
September 16, 2018, 09:17:02 AM
it is possible if the government in that country supports crypto currency, the most important national treasure is the people, and all the wealth that is owned by the country, a country can make a state-owned business that may be far more profitable than owning bitcoin
newbie
Activity: 16
Merit: 0
September 16, 2018, 09:15:17 AM
Maybe bitcoin can be a national treasure but in far future, even some hundred years later. However, banknotes now is the best choice for us.
newbie
Activity: 11
Merit: 1
September 16, 2018, 09:12:22 AM
I entirely disagree with this idea. Firstly, Bitcoin is decentralization and is not controlled by anyone. Secondly, BItcoin is not popular all around the world, even that many Governments banned Bitcoin out of their countries. Above all, Bitcoin takes risks more than any other currencies. Therefore, actually, it is impossible for BTC to become a national treasure.
newbie
Activity: 28
Merit: 0
September 16, 2018, 02:57:05 AM
I haven't thought about it yet. But this will be very unlikely because the world has yet to control this market. I hope that BTC will be seen as gold, silver and fiat currency.
full member
Activity: 966
Merit: 104
September 16, 2018, 02:16:31 AM
That can happen, because Bitcoin allows you to transfer value to anywhere in a very easy way and with complete control over your money. This great feature requires high security that needs attention. Bitcoin provides a high level of security if used correctly.
Bitcoin can not be a national treasure. In general, it does not belong to anyone. Any state is not at all interested in actively supporting a decentralized crypto currency. At the level of the holder of crypto currency, everyone can regard bitcoin as their property, but at the state level, it can not be held.
newbie
Activity: 68
Merit: 0
September 16, 2018, 01:15:56 AM
No, Bitcoin never be a national treasure becasue it is not in the control of the government and the privet property which is beyond government regulation can't be national treasure.
jr. member
Activity: 31
Merit: 3
September 15, 2018, 11:57:32 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?

Yes it can be a national treassure when everybodies sees the great significant of it. Someday it will happen when everyone is already seeing how it promotes economic growth, and how it empowers the country. Someday it will be a treasure for everyone for sure.
sr. member
Activity: 868
Merit: 257
September 15, 2018, 11:43:09 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 can be considered as an asset of an individual person. An asset which the value will become high as time passed by It can be considered treasure for those person who gives there whole time and effort in earning bitcoin.
sr. member
Activity: 575
Merit: 250
September 15, 2018, 06:43:40 PM
I do not think that. New gold is the national treasure. Bitcoin is just a digital coin. Many countries have not accepted bitcoin yet. Bitcoin may disappear in a moment. So Bitcoin is not a national treasure.
newbie
Activity: 119
Merit: 0
September 15, 2018, 05:42:24 PM
Yes bitcoin is one national treasure because many people learn  about the cryptocurrency and join the crypto world and earn there treasure hit in crypto world.Bitcoin is a big national treasure for many people who use bitcoin.
jr. member
Activity: 98
Merit: 2
September 15, 2018, 04:37:57 PM
No, because it's not a repository of value.Bitcoin won't explode. It may be down at the moment but soon it will go up again.Because bitcoin is now considered the most expensive thing on earth.
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