Do you think bitcoin will used as National Currency on 2026?

Cacapzarg

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Quote from: CryptoBjorn on June 08, 2016, 04:58:10 PM

Quote from: HammaSan on June 08, 2016, 01:02:05 PM

Be an official currency that is not possible. The financial groups has no interest in this. The bitcoin will still be very used each day more and more. Always as a second currency

I disagree. If the masses get to know bitcoin countries will find a more stable currency. Just look how many have the US dollar as their main currency?
Reason why they do this if because their own currency is/was not stable and they switched to the dollar.

The same could happen with bitcoin.

I think Argentina will be the main country to use the bitcoin. Another South American country will also use it.

CryptoBjorn

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Quote from: HammaSan on June 08, 2016, 01:02:05 PM

Be an official currency that is not possible. The financial groups has no interest in this. The bitcoin will still be very used each day more and more. Always as a second currency

I disagree. If the masses get to know bitcoin countries will find a more stable currency. Just look how many have the US dollar as their main currency?
Reason why they do this if because their own currency is/was not stable and they switched to the dollar.

The same could happen with bitcoin.

takingthis4

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Quote from: Jemzx00 on February 14, 2016, 10:36:36 AM

I'm thinking since bitcoin is very used as a official currency on internet but still not used by many people since its popularity is still not that high.. What if on year 2026 is a the year where bitcoin is known by most people .. Do you think bitcoin will be used as a National currency on that year just like money that we used right now ??

personally i think that it will take more than 10 years to be national currency of any country, a people won't like bitcoin that fast, but lets say after 20 years, this can be possible
]
as each year more and more people show interest in bitcoins,so after 20 years probably everyone will know and will use bitcoins, so they will want to have bitcoin as currency

HammaSan

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Be an official currency that is not possible. The financial groups has no interest in this. The bitcoin will still be very used each day more and more. Always as a second currency

zimmah

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it doesn't really matter because bitcoin is international currency already.

who really cares about national currency status? By 2026 either everyone uses it or no one does.

National currency status has nothing to do with it.

spazzdla

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Any current country would not give up this power over their populous. Any large nation would have to fail first :S..

salmanahmedone

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Quote from: Kotone on May 17, 2016, 06:15:16 AM

There will be no chance that bitcoin will used as national currency on 2026 and never will be. it function just here and unlike any currency outside the net.

I don't think bitcoin will not be used in National Currency, because as i know it all remain as it is. i read in this topic most of the threads are here, but everyone say that bitcoin will never use in nationalize currency and also not use in fiat currency. i like bitcoin because it is online currency.
but i don't know what will do in future, may be bitcoin will remain or not, but it is always remain in this same shape.

jerelimZ

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Quote from: Sandroxa on May 17, 2016, 08:51:19 AM

Quote from: dezoel on May 17, 2016, 06:25:33 AM

Quote from: Kotone on May 17, 2016, 06:15:16 AM

There will be no chance that bitcoin will used as national currency on 2026 and never will be. it function just here and unlike any currency outside the net.

Exactly no country will allow any digital currency to replace its own currency and we don't want that bitcoin should become a national currency, whatever it is we are satisfied with it.

Of course you already see now that Bitcoin is getting more popular and that is because the world is also getting more digital so that is perfect for the currency.
But you have to know that still there are a lot of people that dont even know what Bitcoin is so you have to promote it much more.

That's true we need to promote it in the best possible way, and we also should recommend it to people around us which will have positive impact on user adoption.

zimmah

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bitcoin is accepted in many countries as 'legal currency' even though it's not the primary currency.

and it probably will never be the primary currency in any country (not officially anyway) and it won't have to.

bitcoin is great exactly because no one can and will control it.

Governments and banks don't like it because they can't control it, but normal people should love it because it can't be controlled, because this means freedom and privacy.

Sandroxa

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Quote from: dezoel on May 17, 2016, 06:25:33 AM

Quote from: Kotone on May 17, 2016, 06:15:16 AM

There will be no chance that bitcoin will used as national currency on 2026 and never will be. it function just here and unlike any currency outside the net.

Exactly no country will allow any digital currency to replace its own currency and we don't want that bitcoin should become a national currency, whatever it is we are satisfied with it.

Of course you already see now that Bitcoin is getting more popular and that is because the world is also getting more digital so that is perfect for the currency.
But you have to know that still there are a lot of people that dont even know what Bitcoin is so you have to promote it much more.

dezoel

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Quote from: Kotone on May 17, 2016, 06:15:16 AM

There will be no chance that bitcoin will used as national currency on 2026 and never will be. it function just here and unlike any currency outside the net.

Exactly no country will allow any digital currency to replace its own currency and we don't want that bitcoin should become a national currency, whatever it is we are satisfied with it.

Kotone

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There will be no chance that bitcoin will used as national currency on 2026 and never will be. it function just here and unlike any currency outside the net.

salmanahmedone

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Quote from: Jemzx00 on February 14, 2016, 10:36:36 AM

I'm thinking since bitcoin is very used as a official currency on internet but still not used by many people since its popularity is still not that high.. What if on year 2026 is a the year where bitcoin is known by most people .. Do you think bitcoin will be used as a National currency on that year just like money that we used right now ??

Surely it can be used as a national worldwide currency

n691309

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A simple answer, No, I don't think the bitcoin will be a national currency of any country, only a small country can implement it like monaco or any other smaller.

LFC_Bitcoin

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Bit of a loaded question. Bitcoin would have to make HUGE strides to be used as a national currency. I'm unsure if it's possible even for 2026.

sukamasoto

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Well, for my place it's impossible since my goverment still forbid bitcoin usage.
But we still able to use bitcoin at their own risk , it means that goverment will not responsible for our bitcoin usage

Altynbekova

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I do not think this will happen to be honest, I really do not see this happen the bitcoin is just too small in my opinion.
I think its just possible the bitcoin first needs to grow a lot.

Amph

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Quote from: shield132 on May 16, 2016, 03:08:47 PM

Bitcoin won't be used as national currency.

Bitcoin is mined by hardware and there is nothing inside it (only cost of electric energy)

Money is also it's similar, it's paper but inside this paper, there is gold in national banks. So bitcoin can only be used in online transactions. Also it;s illegan in some countrys and it's decrypted and hard to find money sender and receiver.

there is nothing in a paper toilet either, gold you say? are you living under a rock

the value is based on the demand, no money have intrinsic value, gold also its value only come from the demand, its intrinsic value is only assuciated with the utility for building phisical stuff with it

but has nothing to do with its market value, or at least it's not responsible in large % for its value on the market

doc12

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Quote from: shield132 on May 16, 2016, 03:08:47 PM

Bitcoin won't be used as national currency.

Bitcoin is mined by hardware and there is nothing inside it (only cost of electric energy)

Money is also it's similar, it's paper but inside this paper, there is gold in national banks. So bitcoin can only be used in online transactions. Also it;s illegan in some countrys and it's decrypted and hard to find money sender and receiver.

Sorry, but Fiat-Money isn't pegged to gold since >45 years now.

shield132

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Bitcoin won't be used as national currency.

Bitcoin is mined by hardware and there is nothing inside it (only cost of electric energy)

Money is also it's similar, it's paper but inside this paper, there is gold in national banks. So bitcoin can only be used in online transactions. Also it;s illegan in some countrys and it's decrypted and hard to find money sender and receiver.

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