So as far as we know BTC currency is growing wide, do you think there will be when it become a national currency?If yes, why?If not, why?
i guess it is a no, bitcoin has so many problems that we can't see because the blockchain makes it easy to use, but if we use bitcoin as our national currency is impossible to announce,-- first the transaction ., the blockchain now will took too long time just to receive what we send. 
Topic: BTC as a national currency? - page 39. (Read 12591 times)
I think it will not be a national currency soon, because it is decentralized and cannot control by anyone. When the government takes control on bitcoin many users will against it and it can affect the bitcoin prices. Because I think the government will think of a way so that they can also get profit from it and abuse it in anyway.
Thats will be good if become national currency. Some country like japan and rusia (if im not forget, correct me if im wrong) already accept bitcoin. And hope it will accepted to another country. But if we see the prices isnt stable. So, for now it cant become national currency.
Only japan.
I don't think bitcoin will be the national currency of country, because the bitcoin system is decentralized and has fluctuating price, and therefore it will certainly have significant change effect for the country if it uses as the national currency.
Thats will be good if become national currency. Some country like japan and rusia (if im not forget, correct me if im wrong) already accept bitcoin. And hope it will accepted to another country. But if we see the prices isnt stable. So, for now it cant become national currency.
Only japan.
Bitcoin is surely a great currency but making it national currency would not be possible at this stage i think.As you can see bitcoin is very volatile and hence not suitable to be a national currency.
No boicoin is not a international currency. Because there are many country They do not accept bitcoin.Bitvoin is illegal for many country. But they don't know that bitcoin is very important for all us, we can make money form bitcoin
no it can't be many of the people doesn't know about bitcoins though the price of it is very high and bitcoin is so valuable but it doesn't mean that all of the people in the country can accept that, it will take time for sure.
that right it will take the time but I do believe that one day bitcoin will become a national currency because bitcoin is now being a easy way of payment making it a national currency will take time but first of all bitcoin has to be acceptable by all the countries or at least it need to become the online payment service for more than half of the present countries then there is a chance for bitcoin to become a national currency. So as far as we know BTC currency is growing wide, do you think there will be when it become a national currency?If yes, why?If not, why?
I think not, it will never be a national currency of a single country in a reason that this country will lose its identity as a country, and Bitcoin already serve as a International currency digitally so there is no need to make it as a national currency I think it is pointless though, one of the main reason why the price of Bitcoin is high is because it is accessible worldwide, an attempt to make it a national currency of a country is so hard to think of.
So as far as we know BTC currency is growing wide, do you think there will be when it become a national currency?If yes, why?If not, why?
I think not, it will never be a national currency of a single country in a reason that this country will lose its identity as a country, and Bitcoin already serve as a International currency digitally so there is no need to make it as a national currency I think it is pointless though, one of the main reason why the price of Bitcoin is high is because it is accessible worldwide, an attempt to make it a national currency of a country is so hard to think of.
So as far as we know BTC currency is growing wide, do you think there will be when it become a national currency?If yes, why?If not, why?
Bitcoin is not owned by any country, so it will not become a currency for any country. However, like dollars, it can become the common currency of the world.
So as far as we know BTC currency is growing wide, do you think there will be when it become a national currency?If yes, why?If not, why?
A national currency for which country if I may ask? I don't see it happening, it may be used side by side with a countries local currency, but that is were it ends.
Bitcoin can not be a national currency, because it is used anywhere in the world and its price does not depend on what is happening in a certain country. If it became a national currency, its value would be regulated by the activities of a particular country.
Bitcoin can be a perfect international currency, but not a national one.
Government needs way to control the economy, boost the export and in case of necessary, create inflation to get the money from people. With bitcoin Government has no control of money issuing, thus no control over money.
So I don't think any major nations will adopt BTC as main currency.
Government needs way to control the economy, boost the export and in case of necessary, create inflation to get the money from people. With bitcoin Government has no control of money issuing, thus no control over money.
So I don't think any major nations will adopt BTC as main currency.
Thats will be good if become national currency. Some country like japan and rusia (if im not forget, correct me if im wrong) already accept bitcoin. And hope it will accepted to another country. But if we see the prices isnt stable. So, for now it cant become national currency.
Only japan.
It would be nice to have bitcoin as our national currency. But honestly, bitcoin is not fit as a national currency for any country. Its value is too unstable and unpredictable, the service and product price depends on the price of a bitcoin. In addition, it is not practical in a daily basis to have transaction fee every transaction. Transaction is not also as fast as paper money. In the near future, it would be possible if the government would really regulate it well.
So as far as we know BTC currency is growing wide, do you think there will be when it become a national currency?If yes, why?If not, why?
Believe me if bitcoin surpasses the huddles such as easy way to transact locally and instantly then it is the first and last currency that we will see as nationalised. Not only one nation but every nation would want to recreate the new coin for themselves which will bring up the stable economy for everyone involved. This will generate equal opportunities in all the countries leading to cheaper world, easy life and much more. Everything will be very cheap and the nations would unit because of bitcoin. Hope that happens soon.
I think at this time every country has its own currency, even all independent countries have it. I would argue that bitcoin can not be used as a currency in one country, since bitcoin usage is not so free, and may only be used as an alternative.
International, worldwide, that is what i think of bitcoin. It can be seen right now. We are using it like a currency to send money to different countries.
Example is my the one paying signature campaigns. I am from Philippines and if is from the US or other countries then aint it international currency already? They dont send cash but bitcoin and yet I can change bitcoin to cash. That is just the same although I want bitcoin to be spend by itself and nor going thru 3rd parties.
Example is my the one paying signature campaigns. I am from Philippines and if is from the US or other countries then aint it international currency already? They dont send cash but bitcoin and yet I can change bitcoin to cash. That is just the same although I want bitcoin to be spend by itself and nor going thru 3rd parties.
Volatile nature, people's lack of knowledge, online network requirement for transactions are some of the few hurdles need to be solved first to be used as usable national currency.
So as far as we know BTC currency is growing wide, do you think there will be when it become a national currency?If yes, why?If not, why?
There's a big possibility that it can be a national currency and even international. Because of the development and the continuous growth of value of this maybe some government offices will establish that bitcoin will be the national currency of a country. And if this would be legalized, it will be a good thing but it takes a very long time and effort for it to be used in a country. Jump to: