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Topic: Do you think bitcoin will used as National Currency on 2026? - page 2. (Read 3966 times)

newbie
Activity: 27
Merit: 0
If a nation is very broke and has very high inflation of the fiat, people will lose confidence and use bitcoin.
sr. member
Activity: 321
Merit: 250
Maybe Antarctica will use Bitcoin until then.

The whole point of a decentralized currency is it to be autonomous. A government which can't control it's own currency is certainly doomed.
Pab
legendary
Activity: 1862
Merit: 1012
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 ??

if you create country and you will use btc like a currency,than yes,but only in that case any other
look what a tragedy is euro project
hero member
Activity: 798
Merit: 1000
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 ??

no i don't think that  bitcoin will ever be used as national currency, because nobody would use bitcoin, like old people wouldn't, but it have huge chances to become a alternative currency, also after 10 years price will be pretty huge so lots of stores should accept them
For old people there wouldn't be any issue to use bitcoin if bitcoin would help them making faster transaction, like the phones that have big buttons for easy access it would be the same for a bitcoin client mobile app to use bitcoin, about the topic bitcoin can't be as a national currency by 2026 because just imagine how many transaction happen everyday in a country.
newbie
Activity: 44
Merit: 0
The bitcoin will coexist with many  national currency and used accordingly. But it will not replace a national currency.
hero member
Activity: 1694
Merit: 502
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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 ??

About which country we are talking about here? I think that can happen is some small countries but who knows when. Bitcoin needs to grow much more before comes to that point.
I will not say that is impossible, I just think that 2026 is too close.
sr. member
Activity: 266
Merit: 250
One world One currency, Bitcoin.
legendary
Activity: 1358
Merit: 1014
Not in a regular country but I think a country like Barbados can end up using Bitcoin as a default currency eventually, certainly not in 2016 tho, but sooner than we expect, some of those far countries will start using it because it beats having to deal with a physical currency.
sr. member
Activity: 364
Merit: 250
Not it will be not the national currency, I know what you think because you think that because you see now around this time that the value is going to rise and that is nice.
But people have also to know that Bitcoin will have not a stable currency and that it is always changing.
legendary
Activity: 1232
Merit: 1091
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 ??

no i don't think that  bitcoin will ever be used as national currency, because nobody would use bitcoin, like old people wouldn't, but it have huge chances to become a alternative currency, also after 10 years price will be pretty huge so lots of stores should accept them

It will not be a sole currency in a nation, as pointed early, many old people will not use the bitcoin.

Bitcoin is and will stay nothing more than an alternative currency. Why on earth will governments of well developed countries ditch their own currency and replace it by Bitcoin? It doesn't make sense as Bitcoin will make them lose full control over the financial industry in their country.
newbie
Activity: 44
Merit: 0
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 ??

no i don't think that  bitcoin will ever be used as national currency, because nobody would use bitcoin, like old people wouldn't, but it have huge chances to become a alternative currency, also after 10 years price will be pretty huge so lots of stores should accept them

It will not be a sole currency in a nation, as pointed early, many old people will not use the bitcoin.
sr. member
Activity: 252
Merit: 250
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 ??

no i don't think that  bitcoin will ever be used as national currency, because nobody would use bitcoin, like old people wouldn't, but it have huge chances to become a alternative currency, also after 10 years price will be pretty huge so lots of stores should accept them
legendary
Activity: 3234
Merit: 1214
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The possibility is very low to become a national currency as it has not reached a level equal to the dollar or other national currencies that we are using.
sr. member
Activity: 504
Merit: 250
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bitcoin won't be national currency ever, but it may and probably will, be best alternative currency everywhere, but it won't change $, euro or pound, people won't change them to bitcoins
hero member
Activity: 658
Merit: 500
I don't think that people will go to bitfoin so fast, need to change atleast 1 generation of people, and that may take 50 or more years
legendary
Activity: 3248
Merit: 1070
Strange question.

Bitcoin was conceived to be independent of "nations". By design, a "nation" or "state" cannot influence the coin supply or another kind of monetary policy. So Bitcoin as a national currency does not make sense.

But if you mean "national currency" as a measure for the popularity of BTC, I think that by 2026 cryptocurrencies will be well known to the public and should be one of the main players in internet payment and remittances. What I don't know if the most popular cryptocurrency in 2026 still will be BTC.

op means more like USD is used by other nation, even if it not the real currency of that nation, if bitcoin reach massively planetary usage, icould see this happen for small country, or for country where their currency is very weak
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
I don't think bitcoin can become a national currency ever.

although I believe that bitcoin is going to be very popular by the year 2026 and be used by many more people and services but I don't think bitcoin can ever replace fiat and become the national currency of a country.

the government nor the people will accept something this global and decentralized as their country's currency. besides no government is going to give up their power of producing money and controlling money circulation.
hero member
Activity: 2170
Merit: 503
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People won't change their currency to bitcoins in just 10 years, they used usual money for 200 years and more, while bitcoin is 10 years old only
you're right, but what about the next 200 years? whether bitcoin will be used as currency ?? I think yes
bitcoin might be made in the currency of a country someday, but if bitcoin always give a good impact, but a different story if bitcoin be something illegal
legendary
Activity: 3906
Merit: 6249
Decentralization Maximalist
Strange question.

Bitcoin was conceived to be independent of "nations". By design, a "nation" or "state" cannot influence the coin supply or another kind of monetary policy. So Bitcoin as a national currency does not make sense.

But if you mean "national currency" as a measure for the popularity of BTC, I think that by 2026 cryptocurrencies will be well known to the public and should be one of the main players in internet payment and remittances. What I don't know if the most popular cryptocurrency in 2026 still will be BTC.
legendary
Activity: 2674
Merit: 2965
Terminated.
People won't change their currency to bitcoins in just 10 years, they used usual money for 200 years and more, while bitcoin is 10 years old only
That's a weird statement. Bitcoin is already "usual money" for those that have been around for a while.

I think it will happen but its a matter of time till it will happen, it will of course take some time maybe more then the predicted 2026 but it will come at the end.
We just need to be patient and wait for it till it will happen for sure, the bitcoin is the future of the world.
It is rather likely that it won't happen; it is more likely that Bitcoin will co-exist with national currencies (albeit might be adopted by smaller countries).

The state may adopt bitcoin if it were a newborn or the currency of any country becomes worthless. i think possible to dopt bitcoin
Some would already be better off if they had adopted Bitcoin (e.g. Venezuela).
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