BTC as a national currency? - page 6.

psycox

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Quote from: Md.Sufian on January 15, 2018, 05:34:28 AM

In my opinion, future BTC may be the national currency. Currently it is the world discussed section. It's fast moving forward .

but if I do not think baseball can and happens if the bitcoin is made in the national currency in this world.
because surely the country in the country baseball agree, because the country is afraid if the currency can be shifted by bitcoin.

ChrishAi28

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Quote from: ZakariaKan1997 on August 14, 2017, 12:52:09 PM

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?

It is impossible to become bitcoin as a national currency. Because now some countries is declaring war on cryptocurrencies. And Banks doesnt recognize bitcoin.

sayulita

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CyberTrade

Quote from: bitgolden on January 15, 2018, 06:43:39 AM

Quote from: UsernameBitcoin on January 09, 2018, 04:01:35 PM

I think Bitcoin won't be used as a National currency. Most likely governments would make their own cryptos and do with them as they please, but they need it to be centralized so that they can control it whereas Bitcoin is decentrlized and therefore not really applicable to be used or adopted by governments. This isn't a bad thing either, because the purpose of government is to control and regulate as long as it's for the benefit of the people like catching criminals and tax evaders.

It will happen as still bitcoin progress is in beginning and people are still learning about bitcoin and when their learning will get completed and whole economists will give green signal to the bitcoin then regions will declare bitcoin as national currency and believe bitcoin will give a lot of success and profit to the region and there will be economic stability in that region and bitcoin is alternative name of progress so it will be helpful.

Yes I think that bitcoin can be said a national currency.But it is too early to say this statement.Many people are now using bitcoin the profit margin it gives.Infact more and more people are now enegaging themselves in bitcoin so that they can earn money in a shorter duration.People invest in bitcoin to earn profits.Transactions through bitcoin are very easy too.

Gargo

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Quote from: Md.Sufian on January 15, 2018, 05:34:28 AM

In my opinion, future BTC may be the national currency. Currently it is the world discussed section. It's fast moving forward .

Bitcoin will not become a national currency. Governments and banks are not interested in this because Bitcoin is decentralized and can't be easily controlled by state institutions.

Xenoph0bia

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Quote from: voztata on January 17, 2018, 04:33:20 AM

Quote from: Md.Sufian on January 15, 2018, 05:34:28 AM

In my opinion, future BTC may be the national currency. Currently it is the world discussed section. It's fast moving forward .

First of all, what did you call it, National Currency right? So my answer is a No, cause I don’t really think so. Bitcoin can’t be a national currency cause it is Decentralized. If it happens to be a currency, it will be used by a particular country and not every country. But it won’t be, it’s just an asset that’s meant for investment that’s all.

Quote from: readygoaw on January 15, 2018, 05:47:16 AM

Quote from: Omega Weapon on January 11, 2018, 05:18:31 PM

Quote from: ArchieAKeeney on January 01, 2018, 11:38:38 AM

Quote from: ZakariaKan1997 on August 14, 2017, 12:52:09 PM

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?

national currency for one country Huh

bitcoin is Global currency every one have internet access can download wallet and start using bitcoin.

it is impossible for all countries to make 1 currency

It is impossible but some politicians all over the world are trying to do that, just look at the euro the currency for a full continent that is bound to fail, a closer political union made sense since the two world wars were devastating to the continent but then they tried to force economic union and as we have seen it is not going to work and this is going to dissolve the political union as well.

I do not believe that Bitcoin can become a national currency. I think that it status will remain at the same level as now.

You’re right man. It will remain the same as it is now. It won’t be a currency, but we can still be using it to carry out some transactions like we do now like paying for stuffs we need on stores like Amazon and using it as Savings.

No bitcoin cannot be considered as a national currency because many people still do not know about bitcoin.It should to accessible to all the people but it requires internet connection which is not available in every corner of the world.Bitcoin is decentralised so the government does not legalise it.It is very volatile.Bitcoin is being used by a handfull of people only.It is only a cryptocurrency and is very risky because it cannot be traced.

voztata

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Quote from: Md.Sufian on January 15, 2018, 05:34:28 AM

In my opinion, future BTC may be the national currency. Currently it is the world discussed section. It's fast moving forward .

First of all, what did you call it, National Currency right? So my answer is a No, cause I don’t really think so. Bitcoin can’t be a national currency cause it is Decentralized. If it happens to be a currency, it will be used by a particular country and not every country. But it won’t be, it’s just an asset that’s meant for investment that’s all.

Quote from: readygoaw on January 15, 2018, 05:47:16 AM

Quote from: Omega Weapon on January 11, 2018, 05:18:31 PM

Quote from: ArchieAKeeney on January 01, 2018, 11:38:38 AM

Quote from: ZakariaKan1997 on August 14, 2017, 12:52:09 PM

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?

national currency for one country Huh

bitcoin is Global currency every one have internet access can download wallet and start using bitcoin.

it is impossible for all countries to make 1 currency

It is impossible but some politicians all over the world are trying to do that, just look at the euro the currency for a full continent that is bound to fail, a closer political union made sense since the two world wars were devastating to the continent but then they tried to force economic union and as we have seen it is not going to work and this is going to dissolve the political union as well.

I do not believe that Bitcoin can become a national currency. I think that it status will remain at the same level as now.

You’re right man. It will remain the same as it is now. It won’t be a currency, but we can still be using it to carry out some transactions like we do now like paying for stuffs we need on stores like Amazon and using it as Savings.

Choperpun

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According to me BTC can not be replaced by the National because there the well was domestic and abroad who get BTC replaced by the National.

Fantastic33

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Yes bitcoin is continuously growing and more are becoming aware of it. But i dont think that it will become a national currency or even a worlwide currency. Everything needs to be changed before it happen, and its a very long process. Lets always keep on our mind that cryptos are different from fiat. It is possible that bitcoin can be used and adopted or even allowed to be used in different parts of the world in the future on any transactions that we want without any limitations, but still, it cannot replace the currency that we have now. Other than that, fiat has a stable price, and are recognized by banks around the world which is very opposite with bitcoin. But im sill hoping that bitcoin will be legalized by the government and will be recognized by banks as other form of currency, so every transcantions between countries will be possible.

pluMmet

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Btc in the national according to make the money I don’t fit because of her nature that is the digital won’t be able to make financial in a state of the stable economy, and would interfere with in the country

tapaibuccok

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when you say make it become a national currency it has to do with controls and regulations by the government(central bank I don't think that Bitcoin can become national currency of any country ) it coin is also not suitable for micro payment, so in my opinion bitcoin will only be an investment place

mung_nasib

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it is impossible because it depends on the government of each country whether to ban bitcoin or directly accept its existence.Society will also be a very big influence if bitcoin when made in the national currency If they do not support in full make sure bitcoin is very difficult to count on as the national currency later.

Farvin2

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Quote from: ZakariaKan1997 on August 14, 2017, 12:52:09 PM

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 it's very difficult to be realized, because now every country already has its own currency Although the bitcoin already worldwide but the Government won't let bitcoin became national currency.

If in the future the digital currency growing,I think the Government will choose to develop they own cryptocurrency, to use for they own country.

Santri

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i think no, , for now, is not suitable to become a national currency of any country. Bitcoin's value is too volatile so a product or service will always change in price with respect to the price of Bitcoin, and Bitcoin is not suited for micropayments because users will complain that their fee is bigger than their bill.

Quantum Mind Flow

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Bitcoin was created to bypass any border. A national bitcoin is ridiculous.

BitcoinNational

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Quote from: readygoaw on January 15, 2018, 05:47:16 AM

Quote from: Omega Weapon on January 11, 2018, 05:18:31 PM

Quote from: ArchieAKeeney on January 01, 2018, 11:38:38 AM

Quote from: ZakariaKan1997 on August 14, 2017, 12:52:09 PM

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?

national currency for one country Huh

bitcoin is Global currency every one have internet access can download wallet and start using bitcoin.

it is impossible for all countries to make 1 currency

It is impossible but some politicians all over the world are trying to do that, just look at the euro the currency for a full continent that is bound to fail, a closer political union made sense since the two world wars were devastating to the continent but then they tried to force economic union and as we have seen it is not going to work and this is going to dissolve the political union as well.

I do not believe that Bitcoin can become a national currency. I think that it status will remain at the same level as now.

You're right. I can believe that another crypto currency becomes a national currency but the bitcoin, no. It has technical issues and it's not the goal of the bitcoin to be adopted to a massive scale as a national currency

icecream sandwich

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Quote from: ZakariaKan1997 on August 14, 2017, 12:52:09 PM

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 do not think so that bitcoins will be a national currency because they are decentralized and the government wont allow that to happen because they want to have control of the monetary unit.the second one is the bitcoins are volatile and the people do not want to.lose money even without doing anything they just always want the gaining part not the losing part. But for me they can co exist with our moneys used as an alternate money.

Majharul Saiif

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BountyMarketCap

Bitcoin isn't legalized by all country in the world. But some countries had legalized this as their currency. Now,Bitcoin is suitable as a national currency for all country. One day,it will accepted by all country.

bitgolden

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Quote from: UsernameBitcoin on January 09, 2018, 04:01:35 PM

I think Bitcoin won't be used as a National currency. Most likely governments would make their own cryptos and do with them as they please, but they need it to be centralized so that they can control it whereas Bitcoin is decentrlized and therefore not really applicable to be used or adopted by governments. This isn't a bad thing either, because the purpose of government is to control and regulate as long as it's for the benefit of the people like catching criminals and tax evaders.

It will happen as still bitcoin progress is in beginning and people are still learning about bitcoin and when their learning will get completed and whole economists will give green signal to the bitcoin then regions will declare bitcoin as national currency and believe bitcoin will give a lot of success and profit to the region and there will be economic stability in that region and bitcoin is alternative name of progress so it will be helpful.

readygoaw

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Quote from: Omega Weapon on January 11, 2018, 05:18:31 PM

Quote from: ArchieAKeeney on January 01, 2018, 11:38:38 AM

Quote from: ZakariaKan1997 on August 14, 2017, 12:52:09 PM

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?

national currency for one country Huh

bitcoin is Global currency every one have internet access can download wallet and start using bitcoin.

it is impossible for all countries to make 1 currency

It is impossible but some politicians all over the world are trying to do that, just look at the euro the currency for a full continent that is bound to fail, a closer political union made sense since the two world wars were devastating to the continent but then they tried to force economic union and as we have seen it is not going to work and this is going to dissolve the political union as well.

I do not believe that Bitcoin can become a national currency. I think that it status will remain at the same level as now.

Md.Sufian

member

Activity: 322

Merit: 10

In my opinion, future BTC may be the national currency. Currently it is the world discussed section. It's fast moving forward .

Topic: BTC as a national currency? - page 6. (Read 12591 times)