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Topic: can you imagine bitcoin as your prime currency. - page 3. (Read 1501 times)

full member
Activity: 214
Merit: 100
I cant imagine...bitcoin is now so unpredictable and volative, that I will be mad thinking about the price of my expences everymonth.
member
Activity: 289
Merit: 10
I can Smiley But it is a bit uncomfortable to undestand and consider all those 0.0000001 btc groceries prices, lol. I want to have a Ledger for that.
full member
Activity: 546
Merit: 101
★Bitvest.io★ Play Plinko or Invest!
For me personally still thinking that it's a new thing as complementary of regular currency, which serves as the complementary role in my private economic life.
I think it will only survive as an alternative currency for everyone, because of its existence that just in a cyberspace.
full member
Activity: 1750
Merit: 118
I can imagine that, that could happend when bitcoin prices already stable. For the prices to become stable, we need the market to reach its cap. For the cap is reached, 1 btc could be more expensive. And i think when people already commit to stabilize that price, it could become international prime currencies. #IMO #CMIIW

You said 1btc could be more expensive if bitcoin did already reach its market cap , so therfor using it as a primary currency can be difficult because only few people can be able to afford it. However i did agree when we you say that bitcoin can possibly become a primary currency after it becomes stable because right now bitcoin is still verry volatile and it isnt really good to use for buying purposes but despite these issues , there were still merchants and other people that keeps using bitcoin as a regular currency in order to buy stuffs.
newbie
Activity: 266
Merit: 0
Every one has his own speculation about bitcoin every ideas matter. Guys what's yours.

Yes of course in fact i will continuously using bitcoin despite of many speculation that bitcoin allegedly was scam and not legit and because of my truly supportive of bitcoin i do not argue with them all of their speculation are not true and i hope someday all people has to decide to use bitcoin because this is the only way the solution of poverty.



jr. member
Activity: 64
Merit: 2
IMO it was still a good idea to have bitcoin accepted in our country, but it is also good to have your own currency for your country. That doesn't mean your respective currency will be replaced, what i really mean is that we could have bitcoin as an alternate payment system or alternative solution when it comes to paying unto merchants as another option for people who wants the other way around.
You are right that many people have no access to internet and many do not know the use of internet in my locality because people are not highly educated and they will not invest in bitcoin till other people use bitcoin as their regular currency. I want to use only bitcoin all over the world and there is no need for any other currency. I am waiting for that time.
full member
Activity: 308
Merit: 100
I can imagine that, that could happend when bitcoin prices already stable. For the prices to become stable, we need the market to reach its cap. For the cap is reached, 1 btc could be more expensive. And i think when people already commit to stabilize that price, it could become international prime currencies. #IMO #CMIIW
sr. member
Activity: 476
Merit: 250
I'm okay with using bitcoin as my main currency though as of the moment, its value is a bit unpredictable. It would be better if it would have a somewhat fix range or value.
bitcoin volatility make it become impossible to use as main currency.even more to use as global international trade payment.its to risky for exportir or importir.
hero member
Activity: 1092
Merit: 523
To present such a scenario is how to present humanity on Mars or victory over cancer. Such a scenario is inevitably realized, it just takes time. the generation of Buffett and his ilk will never be allowed to dominate bitcoin.
Imagining the prime currency in the form of Bitcoin is our dream and waiting for the time watch the world’s prime currency that is called Bitcoin. We want it as a prime and single currency because all the others are working for the governments and that is the traditional way that will lead us to destruction one time because we do not want to go with that slow speed, will waste our time.
Well this seems difficult for no country would love their currency to disappear from the market. This is not only about the financial reasons or the state bank issue; this is also a matter of their culture.

Many notes in my country reflect the beautiful monuments and memorable events and awards of the national heroes. Besides, the picture on the note of your country shows a national hero which will be almost forgotten if the primary currency becomes Bitcoin.
hero member
Activity: 798
Merit: 501
In the future i agree with bitcoin could replace fiat currency and will be on known as the elite currency. Bitcoin is become powerful every year that's why it is possible to be bitcoin could do it.
I think that it is not as such possible so soon, but in far future when bitcoin will become too much common even in backward countries people start using bitcoin, then it can be possible, i think for that it is necessary that all the people much have good knowledge about computer and internet,. while in backward countries the literacy ratio is still very low.
full member
Activity: 238
Merit: 100
I'm okay with using bitcoin as my main currency though as of the moment, its value is a bit unpredictable. It would be better if it would have a somewhat fix range or value.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
I can definitely imagine bitcoin being used as my main currency, the only problem is that I cannot see that in the short term, we still need to solve some issues with bitcoin especially the issue with the fees and the issue with the speed of transactions but once that is solved using bitcoin in your live will be a lot easier obviously at that point the only problem will be if I will want to use bitcoin as a currency and not as an investment.
full member
Activity: 378
Merit: 100
ADAB ADAB ADAB ADAB
Every one has his own speculation about bitcoin every ideas matter. Guys what's yours.

There are governments today who does not really like cryptocurrency to grow in their area and that being said , bitcoins will not be fully accepted on the community so bitcoins as a prime currency will not happen.
hero member
Activity: 2660
Merit: 551
Yes, why not) I can imagine because I like using bitcoin and would like to contribute to its promotion somehow. As for me, bitcoin can't be treated as the prime currency to the full extent nowadays because not every company and government accepts it but this will change

As much as we like bitcoin to be accepted as prime currency for all of us, it might takes years though to be fully recognized by governments except for few nations. Although I'm lucky that our government still accepts it so I was able to used it to pay almost all my bills right now, but I can't used to say buy commodities because no supermarket is still not accepting it. Maybe in the future though, we might see this happening, but today with all the global regulations and banning from a lot of governments globally.
member
Activity: 154
Merit: 10
Yes, why not) I can imagine because I like using bitcoin and would like to contribute to its promotion somehow. As for me, bitcoin can't be treated as the prime currency to the full extent nowadays because not every company and government accepts it but this will change
newbie
Activity: 4
Merit: 0
That explosive potential helps explain why so many tech entrepreneurs and investors turned cryptocurrencies into a 21st Century gold rush, even as JPMorgan Chase (JPM) CEO Jamie
newbie
Activity: 6
Merit: 0
Yet much like millennials will never have a landline, a coming generation might do without bank accounts thanks to secure, peer-to-peer cryptocurrency transactions. Blockchain technology and the vast new crypto wealth have opened the door to four cryptocurrency futures that could usher in a new financial order.
member
Activity: 280
Merit: 10
Every one has his own speculation about bitcoin every ideas matter. Guys what's yours.
I think not. The cost of Bitcoin is very expensive. I used ETH instead of using Bitcoin. The new ETH is my main currency. ETH quickly processes transactions and never delays as Bitcoin
full member
Activity: 364
Merit: 100
Blockchain with VTOS energy
Every one has his own speculation about bitcoin every ideas matter. Guys what's yours.

Yes of course, i like bitcoins to use as my primary currency because in this way i will be having a cheaper prices of products that i am interested to buy so i hope that maybe in the future, cryptocurrency will be legalized for everyone to use.
full member
Activity: 1554
Merit: 101
there are good and bad impacts, imagine if you pay your bills using bitcoin, but we know that bitcoin prices rise every year, of course you will feel disappointed if you pay using bitcoin because its value to fiat currency continues to rise.
the advantage is that you can add value from the increase every year.
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