Can Bitcoin become currency a new State? - page 8.

ETHtotheMOON1

jr. member

Activity: 280

Merit: 3

Quote from: Ilia5225 on August 10, 2018, 08:23:21 AM

I think, a lot of us saw Bitcoin like tool for freedom. Now most people look at this like opportunity for enrichment. I don’t think that rich equals freedom. I know a many rich people’s. They are far from freedom.

It is now evident that just cryptocurrencies is not sufficient to achieve the goal. We need a State at our side. But current States seek to preserve the old order.

State it is a community with uniform rules. Territorial principle don’t need for creation of the State in the 21st century. So what do you think what's to stop us to come together and creation a new State now?

you're right, at the early stage, it was mostly about the decentralization and freedom. Now it's pure speculation from people who want to get rich very very fast. Nothing of use there. Let's develop bitcoin as payment solution, rest will come

kesmex

full member

Activity: 1110

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The OGz Club

although bitcoin is very popular and has many users, but in my opinion it is impossible to be a global currency, because bitcoin is very unstable it is not suitable to be a global currency, people in every country will still use paper money as a currency in their country.

dimiinx

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Activity: 355

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Quote from: Sandijoee on August 21, 2018, 02:45:54 PM

I think maybe it could be, because bitcoin technology is already good and bitcoin has had enough development. And there are also several countries using bitcoin.

I think it could be a new country currency but I have never thought if a new country using bitcoin is in fact some countries have banned the existence of bitcoin

muslol67

hero member

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This is not so easy. But a few countries can declare as official money. So they can allow the use with their own parity and Bitcoin together.

JennetCK

full member

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Merit: 100

[PROFISH.IO]

Quote from: Ilia5225 on August 10, 2018, 08:23:21 AM

I think, a lot of us saw Bitcoin like tool for freedom. Now most people look at this like opportunity for enrichment. I don’t think that rich equals freedom. I know a many rich people’s. They are far from freedom.

It is now evident that just cryptocurrencies is not sufficient to achieve the goal. We need a State at our side. But current States seek to preserve the old order.

State it is a community with uniform rules. Territorial principle don’t need for creation of the State in the 21st century. So what do you think what's to stop us to come together and creation a new State now?

Use the word CO-EXIST. Bitcoin can never be a currency of a state or the world alone. Many countries are still depending on using fiat. If bitcoin will take over, the world will have to adjust and we don't know what will happen next. Co-exist is the right term. Bitcoin and fiat may be used as a currency around the world.

novokovskitve

full member

Activity: 406

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can't. you pomotrit only as the course jumps. and present that it would be the state currency. of course at us too courses constantly change, but isn't so strong. I feel that such state will quickly become bankrupts.

izanagi narukami

legendary

Activity: 2030

Merit: 1028

IMO, it's impossible to happen.

First, I found there is no way for people around the world that able create a new state except something rush like world war happening.
Second, Bitcoin essentially isn't currency, it is an asset just like gold and bitcoin have unique value that can be trade like fiat.

galambo

sr. member

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Quote from: zhanyiguai261315 on October 02, 2018, 09:15:44 AM

Many countries have BTC as the legal currency!
Bitcoin and other cryptocurrencies affect the government's financial policies!
BTC has the potential to become a global currency in the future!

First of all, i think none of the countries have accepted bitcoins legally as their national currency which yet keeps bitcoins as a decentralised currency which is not involved with any national firm.
Also there is no chance to affect the government financial policies due to bitcoins or any other cryptocurrency as bitcoins and all other Cryptocurrencies are completely decentealised and have nothing to do with the centralised currencies. Bitcoins does no involve into centralised transactiona.

Bitcoins have the potential to be a decentralised popular cryptocurrency ahead and not a global currency. Bitcoins will keep on rising and increasing their territory being decentralised and also they might soon someday gain more value and importance from the community. They can't be a national or centralised currency but they can be great in the decentralised world of currencies.

zhanyiguai261315

member

Activity: 392

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Many countries have BTC as the legal currency!
Bitcoin and other cryptocurrencies affect the government's financial policies!
BTC has the potential to become a global currency in the future!

KorakPawon

member

Activity: 350

Merit: 11

I don't think so. As we can see, bitcoin has just get better and better, even there's always be an up-down inside. But if it is for a new currency to be used, seems like too exaggerating. It will be better if bitcoin is approved and legal in the world, generally, rather than be set up for a new state.

abhi777

full member

Activity: 457

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Quote from: Bumblecoin on August 21, 2018, 06:44:59 AM

Quote from: tuturutmunding on August 10, 2018, 08:19:12 PM

I think that it could happen that nothing is impossible in this world with a new government management system as well as all the new rules as we know many of all people who like and support bitcoin to become an official state currency.

I agree. Bitcoin is a currency for the people who wants freedom. And it is not possible for the whole world to use crypto currency in the future. Since a lot of people find bitcoin a better currency.

yes I agree, bitcoin is a digital currency that wants to become a payment instrument or world currency that has been legitimized by the government. but many people don't know what bitcoin is, so the government legalizes bitcoin.

Maricel2017

full member

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I think this would be an alternative and not be a main currency if ever because bitcoin transactions need a gadgets and internet connection which not all people can provide that. There are many people are now using bitcoin as their secondary currency to spend for their needs but still they need to find goods in online to transact.

iamike

jr. member

Activity: 314

Merit: 1

Bitcoin has the capacity to become the new currency. It is a matter of time and recognition. Patience is a key and if e allow time and ensure thay bitxcoin is not misuse by certain people, bitcoin has the opportunity to be the new currency.

mojo2208

newbie

Activity: 194

Merit: 0

alone, no. As an addition to the fiat monetary system, of course it can. It would be very cool Cool

abruchifid

newbie

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Merit: 0

Money does come with some level of financial liberty, and bitcoin can be a tool to achieve this, the rules are not set in stones but it can play a dominant role as a currency in a lot country

dominional

jr. member

Activity: 196

Merit: 1

This may be very hard because the existing once has not been using bitcoin how would a new one exhibit the currency called bitcoin but government policy can make it to be. What can make to be possible is government policy.

Odlanyer

member

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Merit: 10

That is not impossible, but its take long time before that happen because until now there are several countries are not accept bitcoin because of their government, if the government understand the real purpose of bitcoin will become a currency with new state.

vladdracula06660

newbie

Activity: 40

Merit: 0

I think that, Yes it can but it is at the state's discretion as there may be more profitable for them to hold the ICO to release their own token !

Sandijoee

member

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Merit: 10

I think maybe it could be, because bitcoin technology is already good and bitcoin has had enough development. And there are also several countries using bitcoin.

aleksej.rozhkov

member

Activity: 238

Merit: 10

I now do not remember the name of the company! but washed away in it, it's like a virtual state with its crypto currency! Anyone can get his passport in it! I think that bitcoin can repeat the same way!

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