Well i guess its depends on the situation how the countries adopt the bitcoin as a national currency. It might be complicated i think, because not all people are using internet most specially the people around the provinces. How they could buy thier things if only bitcoin can accepted for payments.
I must say that this is the best thing if it ever happens because it will not promote the usage of crypto currencies in over country but will also help a lot in lifting the economy rate of our country and that the people living in this country will then be able to live far better life than they are living right now. Our government really need to take this kind of step to have a better future of those who are living here. 
Topic: Do you support the Use of Bitcoin as a National Currency? - page 4. (Read 900 times)
I don't think that any country can accept a national currency unless the bitcoin value is stable. Our support separately doesn't make any sense.
I doubt if bitcoin serves as the national currency of one country because it will bend against the decentralized system used by bitcoin with blockchain technology. It will also lead to protests because the decision of the state to make bitcoin as the official currency will worsen the future of bitcoin, I would agree if bitcoin is only accepted by all countries as a choice of a digital asset to be invested by everyone in the world.
Accepting bitcoin as national currency will be a good idea that would enhance relationship among countries and our important export process will be easy. I see bitcoin becoming a major currency in nearest future
It is not possible at all as bitcoin will never be accepted as national currency of any country but there are news that's some of the countries are trying to create their own block chain based coins to use as alternative for currency.
I think it is ok and I will still support bitcoin if this happens as long as it not takes the place of our fiat. That will be our everyday use. Bitcoin is as good as investment and as good as it is as a payment method.
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?
Japan is saying that they want to be the capital of cryptocurrency and the trust of the community on bitcoins might start on them because they believe that bitcoins does really have a bright future and they are using cryptocurrency today to improve their own economy.
Of course I'd support it especially that we almost don't have national currencies in Europe. Most countries have already taken the Euro which is nothing but an artificially created common currency. It's a new invention and the only thing that gives it value is the acceptance and support of the EU members. If such a thing can exist and be widely acepted why can't a cryptocurrency? Ah, yes, because they wouldn't be able to control it and print more and as they please.
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?
Japan is saying that they want to be the capital of cryptocurrency and the trust of the community on bitcoins might start on them because they believe that bitcoins does really have a bright future and they are using cryptocurrency today to improve their own economy.
While I support this use the fact is when I have gone into different PC parts store as part of my IT job and when I talked about them about the possibility of them accepting bitcoin as a payment they all replied the same. It has major volatilities is the major problem they told me about. I think this will be reason for some time being that bitcoin will not be implemented as national currency.
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?
It will be just like the process of legalization of bitcoin and along with that the removal of their own fiat currency. I hope that this stage will also come in bitcoin but it will take some time. First of all the countries are in the process to legalize bitcoin for their state and after they find it to start working well for their nation they will then allow all the transactions only in bitcoin then that stage will be called as the nation has made it as their national currency and with that bitcoin will be a stable global currency at the peaks of their success. Accepting bitcoin as national currency will be a good idea that would enhance relationship among countries and our important export process will be easy. I see bitcoin becoming a major currency in nearest future
It is not possible at all as bitcoin will never be accepted as national currency of any country but there are news that's some of the countries are trying to create their own block chain based coins to use as alternative for currency.
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?
Seems a bad idea in the short term as having prices pegged to bitcoin with its volatility is not good for economies but in the long term when bitcoin price is not that volatile I think there is a shot of it used as a national currency.
Bitcoin has all the necessary ingredients to be an international currency
If we were players we certainly support the bitcoin. and maybe all the players want to be a bitcoin national currency. especially when there is an ATM in the town of kota. perhaps more simple and could be known a lot of people.
Accepting bitcoin as national currency will be a good idea that would enhance relationship among countries and our important export process will be easy. I see bitcoin becoming a major currency in nearest future
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?
No country will use Bitcoin or any other cryptocurrency as a national currency. First, the nature of crypto is decentralized, meaning no single entity can control it. Most national currencies has features that represents that country, like flora and fauna and famous people from that country. It's currency must be physical, and its value depends on the USD or gold, which is not the case with a crypto.
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?
Well those who are holding bitcoins for a very long time are really expecting for bitcoins to become the next currency to be used nation wide but still it will be implemented as long as not other countries will allow it to flow on their area.
I hope it will be used officially by countries and such, but it will never be a legit national currency of course.
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?
Well those who are holding bitcoins for a very long time are really expecting for bitcoins to become the next currency to be used nation wide but still it will be implemented as long as not other countries will allow it to flow on their area.
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?
As much as i want bitcoin to be mainstream i do not like the idea as bitcoin for a national currency. Surely the government will be very strict about bitcoin and will find ways to track your money and find.ways to tax your bitcoin. I am all for tax but just a minimal amount. Unlike what they are taxing us now
I strongly agree currency to be bitcoin currencies I'm sure nagara it's economic activity is rising in a bitcoin mining, people living there poverty country will disappear
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