Topic: Do you support the Use of Bitcoin as a National Currency? - page 6. (Read 911 times)
I dont see that happening in my country right now, maybe in the next few decades, you know why? In my country, most of the people are still illiterates, and the few literates dont know much about cryptocurrency.
I think ill support it if my country can access a n advance technology and internet. But in the present case i think it is impossible to make it mose specially in the country because not all can access because of the rural places and not enough resources to engage with.
it will never happen. it's just too dangerous and impractical to pin a whole economy on something totally beyond control. bitcoin will be a complement to a national currency. replacing it would turn out to be impossible to make a success of. too much instability and uncertainty.
No, i don't support this idea because national currency must be national!government of your country should have influence on the currency. It's more stable situation for country.
Of course ever since I knew bitcoin in my life was so much trusting in it as much as I could to support bitcoin what his plan was to improve as I was just supporting his side.
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?
Yes I am a big supporter of bitcoin because that causes it change my life so much it help me to move on every single days when I'm down 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?
yes i support bitcoin as a national currency,because all transaction we made outside or inside country has become faster and easier because we don't need to convert the currency to the country that we transact. 
I do not think there will be governments in a country willing to replace their country's current legal currency with bitcoin.
it will be very inconvenient, besides bitcoin still not eligible to be made as the currency of daily payment.
it will be very inconvenient, besides bitcoin still not eligible to be made as the currency of daily payment.
No government indeed will accept that competition and so the earlier some of the posters on this forum forget about that illusion the better. Bitcoin was made to liberate all of us from financial freedom and not to be in competition with fiats all over the world or replace them so lets use it when we find the need and let fiats also serve their purpose.
No, I don't think that bitcoin would be efficient to be a national currency of a country. I would prefer to have a fiat or real money for everyday use. I think that bitcoin would be impractical to use for micro transactions, like buying your everyday needs. In my opinion, it is better to leave it as it is, bitcoin as an investment, and real money for everyday use. But, my mind is open for changes.
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?
Yeah dude It would be very supportive if it happens,easier and does not take a long time in transacting by scanning the barcode in the product packaging.I want it to happen cause if I'm shopping then the seller does not bother having to return the money left over groceries.
Yes, it would be very convenient to everyone if it will be supported in a country. hopefully someday they can minimize the volatility and market manipulation that is happening from time to time and fix the speed and fees of transactions. The taxation would be the real concern that I see that will be the main conflict if it will be used as a 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?
Yeah dude It would be very supportive if it happens,easier and does not take a long time in transacting by scanning the barcode in the product packaging.I want it to happen cause if I'm shopping then the seller does not bother having to return the money left over groceries. 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 will supported if thats our government approval because I am just only a simple person that followed what our government decission.If that happen then go,support them what they wanted to do for our own good and for the country.if it is good for everybody then why not? 
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 not happen since bitcoin cannot be used by every person. Not all have knowledge using computers or smart phones. Others have never experience connecting to internet. Much worse is that there are still places in my country that has no supply of electricity. So your suggestion is next to impossible and countries would not accede to it.
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?
But the question is can the government allow bitcoin as a national money and if they don't have control in bitcoin. I don't rhink than can the allow bitcoin for that but as a user im agree because until now im using bitcoin one of my transaction like buying load, paying bill, shopping online and as a remittance and no hassles but the government they didn't see what is the purpose or easy to use the bitcoin
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 can hardly imagine what it means National Currency. Bitcoin is already a currency. To become a full-fledged currency it lacks the clear approval of its legal status. But some progress has been made in this direction.
I do not think there will be governments in a country willing to replace their country's current legal currency with bitcoin.
it will be very inconvenient, besides bitcoin still not eligible to be made as the currency of daily payment.
it will be very inconvenient, besides bitcoin still not eligible to be made as the currency of daily payment.
No government indeed will accept that competition and so the earlier some of the posters on this forum forget about that illusion the better. Bitcoin was made to liberate all of us from financial freedom and not to be in competition with fiats all over the world or replace them so lets use it when we find the need and let fiats also serve their purpose.
I do not think there will be governments in a country willing to replace their country's current legal currency with bitcoin.
it will be very inconvenient, besides bitcoin still not eligible to be made as the currency of daily payment.
it will be very inconvenient, besides bitcoin still not eligible to be made as the currency of daily payment.
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 that they are ready to do that. When it happens, it will happen because people decide it massively and starts using/accepting it for everyday transactions. Some time is required still until Bitcoin mining rate and people's mindset are suitable for something so big.
At the moment a lot of people starts investing in the stock market with Bitcoin you will see that we will be really close on accomplishing that goal. But for now, those of us who want to help can run a Blockchain node and hold Bitcoins, buying as much as we can, Helping it raise.
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 do not even know, it will be very unexpected. Most people will feel very uncomfortable.
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