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Topic: can you imagine bitcoin as your prime currency. - page 8. (Read 1501 times)

full member
Activity: 952
Merit: 107
Every one has his own speculation about bitcoin every ideas matter. Guys what's yours.


I am not sure bitcoin as my prime currency. Bitcoin is too volatile and unstable to become the main currency. maybe If the bitcoin is stable, it will be used as currency.

Yes agree, for the time now it seems very difficult to be able to realize bitcoin as primary currency, of course is a funny thing if the morning bitcoin price of $ 9000 then afternoon we want to shop with bitcoin to buy a car and then to the cashier bitcoin price to $ 8000.
Bitcoin as prime currency is hard to believe but using it for the world exchange. Price is unstable and when use it as payment in the store, you do not have choice even the price is low that you predicted to be high at the moment. You cannot budget that properly on the things that you have to buy. Bitcoin is good when changes positively but give problem and lose you what you gain when it falls.
newbie
Activity: 56
Merit: 0
I can, if in supermarkets it will be possible to pay bitcoins. And also, if you can pay the waiters a tip in bitcoins.
hero member
Activity: 1890
Merit: 831
I take with coins as a form of investment not as a primary currency since the Bitcoin is so volatile it's hard to keep up and also its not recognised all over the world also the main problem is its banned in my country the banks are not accepting any transactions regarding Bitcoin and I am not sure if this situation will change in upcoming future thus I think it will be so hard to accept Bitcoins as a mode of payment regarding it's value as a currency instead of normal flat because volatility can really lead to economic and social and unstability.
member
Activity: 350
Merit: 12
Bitcoin is good .It help a lot of people financial matter but for me,bitcoin is an investment.Bitcoin price is volatile.It needs internet and not all people has gadgets.That makes bitcoin hard to become the prime currency
sr. member
Activity: 1190
Merit: 250
Every one has his own speculation about bitcoin every ideas matter. Guys what's yours.


I am not sure bitcoin as my prime currency. Bitcoin is too volatile and unstable to become the main currency. maybe If the bitcoin is stable, it will be used as currency.

Yes agree, for the time now it seems very difficult to be able to realize bitcoin as primary currency, of course is a funny thing if the morning bitcoin price of $ 9000 then afternoon we want to shop with bitcoin to buy a car and then to the cashier bitcoin price to $ 8000.
member
Activity: 569
Merit: 10
All users would expect that it could make bitcoin as our prime currency, if this happens then bitcoin prices will skyrocket and make us a new millionaire, the first step to make this happen is certainly the more countries that follow japanese who have legalized bitcoin.
newbie
Activity: 112
Merit: 0
Every one has his own speculation about bitcoin every ideas matter. Guys what's yours.


I am not sure bitcoin as my prime currency. Bitcoin is too volatile and unstable to become the main currency. maybe If the bitcoin is stable, it will be used as currency.
member
Activity: 392
Merit: 10
In my country, the BTC was banned, and I sold the encrypted currency into legal tender to meet my daily needs.

I work full-time on my cryptocurrency, and I earn an encrypted currency through a bounty hunt.

I also invest in cryptocurrency!
jr. member
Activity: 462
Merit: 1

I cant wait to see BITCOIN to be a polynomial factor in the world of currency in my country and the world by extension.
It is in deed a welcome development and we are looking forward to that time when this dream will come through until then
lets keep on using bitcoin in pariparsua with other currencies.
member
Activity: 252
Merit: 10
This thing is can be happen, well for me as a crypto family i already consider bitcoin for my primary currency. Why? I can ise this for my daily needs such buying loads, online payment, and convertable. So btc has a good impact on me earning and saving through btc
hero member
Activity: 2702
Merit: 585
Leading Crypto Sports Betting & Casino Platform
Definitely! as long as all my transactions and orders can be done using bitcoin as a means of payment. But most times, in the real world, u still need fiat to make things happen but i can say they are limited. Bitcoin being the prime currency will be great
If we talk about the potential of the bitcoin and the reputation which bitcoin is having in the international market, then I don’t think so that we will be left with any such reason because of which we do not believe the potential and the capabilities of the bitcoin in not only becoming the prime currency but also the global currency. If that happens, we will surely be able to see much better world.
full member
Activity: 504
Merit: 100
Every one has his own speculation about bitcoin every ideas matter. Guys what's yours.

Actually, I can. There are some advantages and disadvantages to this scenario. Having bitcoin as the prime currency will definitely give order and revolutionized way of how the system works. However, the only problem I see here is the volatility of bitcoin which can definitely affect it's users.
newbie
Activity: 140
Merit: 0
I'd really love this idea, but can not find it will be real. Since my country already banned any transactions using crypto currency. well our govenrment got the point, they have strict rules to protect our currency
full member
Activity: 504
Merit: 102
Every one has his own speculation about bitcoin every ideas matter. Guys what's yours.

We should not expect to much. Just because maybe some other crypto will replace Bitcoin as a payment method.
jr. member
Activity: 86
Merit: 4
I still can't see Bitcoin as a "currency" but more as a standard of value.
I imagine we will have the same process which brought from gold to fiat currencies, where the new digital currency has to be created yet.

newbie
Activity: 143
Merit: 0
I consider bitcoin as currency but i dont think it will be a good idea to use it as my prime currency because not everyone in my country knows Bitcoin even stores so it will be hard to use as a payment so it cannot be my prime currency.
full member
Activity: 420
Merit: 103
Bitcoin is too volatile and unstable to become the main currency. It is not meant for buying you groceries and stuffs. It is an asset. An investment. It goes with fiat money. Without fiat money as our primary currency, it will lose its essence. The reason why digital money is all hyped is because it has a huge fiat money equivalent.
member
Activity: 364
Merit: 10
Every one has his own speculation about bitcoin every ideas matter. Guys what's yours.

I imagine when bitcoin becomes the main currency for a method of purchasing or used to pay for something to buy, of course it will be able to trigger a rise in bitcoin prices because auto bitcoin demand is increasing.
sr. member
Activity: 1778
Merit: 309
If that would happen, the price of bitcoin should be now fixed since the currency of every country is fixed as well. You could no longer gain money from investing in bitcoin since bitcoin is now the thing that your whole country is now using.Tax will also be impended with every transaction, so what just change is that the thing that you are using is more on account than in cash.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
As of now, i cannot imagine bitcoin as my primary currency because it is impossible since the fees are not that payment friendly since you need to pay high fees compare the amount that you just need to pay in the market using fiat so it is still not a good thing for us to think that bitcoin could possibly the primary currency these days.
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