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Topic: Do you support the Use of Bitcoin as a National Currency? (Read 827 times)

jr. member
Activity: 127
Merit: 3
Good community manager for your blockchain project
if true, introduction of bitcoin to economy directly depends on quality of the country.
Maybe, for poor countries, it will be good for centralisation
newbie
Activity: 14
Merit: 0
maybe, its good for the bitcoin users but in others who do not know bitcoin,do they support the use of bitcoin? we have our own opinions about bitcoin so that it is impossible to bitcoin to be used as a national currency.
member
Activity: 266
Merit: 10
I fully support the idea that bitcoin has become a national currency and has been used all over the world, the best thing I see in this is that in the network bitcoin will not be corrupt since in the mathematical code bitcoin can not make changes
jr. member
Activity: 50
Merit: 9
Bitcoin alone can't function as a national currency today. It's not yet stable and robust enough to handle the number of transactions required. I prefer a different way of looking at this: The crypto-economy at large is the money of the internet. The real-world will follow, sooner or later.
sr. member
Activity: 1078
Merit: 270
While it is good news for Bitcoin users/hodlers that countries allow the use of Bitcoin as a means of transactions within their border, what will be your position if a country decides to take a step further by using Bitcoin as its national currency?

I dont think that's possible. it seems you are less familiar with bitcoin. bitcoin has a value that is unfortunately difficult to set because that's the value of bitcoin so very fluctuating. well, this is why bitcoin will not be where national money is. hopefully you understand
full member
Activity: 504
Merit: 101
While it is good news for Bitcoin users/hodlers that countries allow the use of Bitcoin as a means of transactions within their border, what will be your position if a country decides to take a step further by using Bitcoin as its national currency?
I don't think it's the right time to make bitcoin as a national currency. But if government can counter the disadvantages of using it as a national currency then that will be good. Allowing it or regulating it inside the country is better but making it as the main currency in a nation is not good. Lot's of illegal can be done using that Bitcoin.
newbie
Activity: 154
Merit: 0
good news if bitcoin token can be used because money is also the equivalent. the amount of bitcoin is much better then the use of a fee is better than buying a bit.Because bitcoin is better and not cash because it can not be deployed anymore.
newbie
Activity: 182
Merit: 0
I support it, but it does not seem to happen. If a country will use a digital currency, they will make it themselves.
newbie
Activity: 112
Merit: 0
Of course, because Bitcoin is using IMC approved coins and its use is good. Just like the authorized money in every country, and for the investment and money-making technology, in the past, I evaluated Bitcoin properly.
sr. member
Activity: 602
Merit: 250
While it is good news for Bitcoin users/hodlers that countries allow the use of Bitcoin as a means of transactions within their border, what will be your position if a country decides to take a step further by using Bitcoin as its national currency?
if bitcoin becomes the currency passed by the government as the applicable currency of course it is good for me to invest because in my country bitcoin is still prohibited to conduct transactions directly
newbie
Activity: 27
Merit: 0
I honestly don't think that it will be used as a national currency and I wouldn't support the idea. BTC was created to be decentralized but governments want their piece in it, so probably will be used to facilitate daily trades between citizens (to avoid losing that activity) but nothing more.
full member
Activity: 504
Merit: 105
Yes i believe on the power of bitcoin do as national currency anything is possible it could replace fiat in the future.
member
Activity: 392
Merit: 10
I would love to support if bitcoin is going to be regulated in our country. But as a national currency? I would say no. They are lot of people here in our country who didnt have knowledge or capability to buy gadgets or how to use internet. How can those ordinary people use bitcoin if this happens? What are they going to use if they want to buy something they needed in their daily expenses? I will still prefer a fiat currency rather than bitcoin .
sr. member
Activity: 686
Merit: 250
While it is good news for Bitcoin users/hodlers that countries allow the use of Bitcoin as a means of transactions within their border, what will be your position if a country decides to take a step further by using Bitcoin as its national currency?
I strongly support it of course, because I know that Bitcoin has many benefits. Ease of access and speed in transactions became the main reason for me to use bitcoin. In addition I really like investing in Bitcoin, because by investing in Bitcoin then I can get some income. This is a remarkable step, it is necessary to have a government bravery because the government must be ready in every way. Risk and also regulation should be clarified immediately, Bitcoin is a free currency used by anyone and therefore there must be good clarity, because it can affect the whole system of finance in a country.
member
Activity: 169
Merit: 10
Global Risk Exchange - gref.io
Why not,  would be excellent. Bitcoin would be officially authorized in the country, many services could accept it for payment without the need to transfer to fiat money.
sr. member
Activity: 518
Merit: 250
I don't think bitcoin will be a national currency, bitcoin is decentralized with just that reason you can tell that government will not gonna adopt bitcoin as national currency and their are a lot more reason like bitcoins price is volatile, another thing is security and etc. How can you even make bitcoin a national currency it is a digital currency it's not tangible so i'm sure that it will not be a national currency although i support anything that is good for bitcoin and cryptocurrency.
Normally, we can support bitcoin used widedly as a digital currency but to not replace the current currency. It will be better to take the function as alternative currency used to pay something that  we buy in daily economic transaction. We need regulation regarding this function so bitcoin and fiat money can support each other to support the fluency of economic transaction.
full member
Activity: 602
Merit: 102
Using bitcoin as a National currency would not really be an ideal thing and with the look of things, i don't think it can even be used as such, being that bitcoin seem to be a global currency that is owned by individuals and not a country.
newbie
Activity: 103
Merit: 0
I think in a short period of time I do not support my government as a national currency. In fact, our government has banned bitcoin transactions. For the vast majority of people, they do not understand the principles and techniques of Bitcoin, but simply regard it as an investment, which is unfair to many people who do not understand it. And because Bitcoin lacks supervision, there are bound to be various risks and problems.
jr. member
Activity: 162
Merit: 3
Free Crypto in Stake.com Telegram t.me/StakeCasino
I support,  but it is not possible  that bitcoin as a national currency. Because  it is a digital currency and there are many  people who did not know  what is cryptocurrency  , even they have no concept  about net surfing.  Many people not have a smart phone also. If someone  wants to makes bitcoin as a national currency  then he / she have to gave  the smart phone  and net surfing knowledge first and then should  gave the cryptocurrency 's idea.    It will be a very long time process. So how it will be a national currency???
member
Activity: 532
Merit: 18
Bitcoin lover!
While it is good news for Bitcoin users/hodlers that countries allow the use of Bitcoin as a means of transactions within their border, what will be your position if a country decides to take a step further by using Bitcoin as its national currency?
This will be the most stupid decision of the government of the country that will make bitcoin its national money. I am absolutely against such a decision, because bitcoin, with its high volatility, is able to quickly unbalance the economy of any strong state. Budget planning and implementation of individual indicators of the country's economy development in bitcoin is impossible. Bitcoin is only able to walk along with national money, but do not replace them.
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