Do you think bitcoin will used as National Currency on 2026? - page 4.

Mr. Big

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Quote from: busybee7 on February 19, 2016, 01:03:34 AM

no, people won't change their currency to weird(to them) virtual currency, but it may be alternative currency

That's true,, this technology would really look weird to many people around the world who still don't know about it..maybe to us bitcoin users, it is a currency already...

busybee7

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no, people won't change their currency to weird(to them) virtual currency, but it may be alternative currency

diegz

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I don't think so.. besides, each country has its own currency, they might adapt bitcoin as money and alternative, but not as national currency..

CryptoBjorn

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Quote from: hawkins on February 16, 2016, 10:52:33 AM

if it had been in 2026, maybe it could have been, the case. many reports that bitcoin is a good thing. it might be a glance bitcoin community to have its own value in a country and used as a national currency

It will not be a currency of any country, the bitcoin is to far away from that.
The bitcoin is the future but its the future of other digital currency's that are coming by that year.

MF Doom

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Quote from: sishendaoye on February 16, 2016, 10:25:33 AM

Quote from: MF Doom on February 16, 2016, 09:54:04 AM

no, definitely not btc. BUT it does appear some countries are working towards some form of digital currency (china's central bank is "studying" this). This will allow them to tax people more easily, as there will be "no place to hide" your money

Indeed, I will not see this happen at all its just not possible with the bitcoin, the most banks hate the bitcoin.
The only like the system, I think by that time there will be another global currency created.

Exactly, something they have complete control over, and can profit from. It makes sense, seeing how they want to tax more and more (all these new "carbon" taxes, refugee costs in europe, etc). A new digital currency will makes their lives easier

hawkins

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if it had been in 2026, maybe it could have been, the case. many reports that bitcoin is a good thing. it might be a glance bitcoin community to have its own value in a country and used as a national currency

sishendaoye

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Quote from: MF Doom on February 16, 2016, 09:54:04 AM

no, definitely not btc. BUT it does appear some countries are working towards some form of digital currency (china's central bank is "studying" this). This will allow them to tax people more easily, as there will be "no place to hide" your money

Indeed, I will not see this happen at all its just not possible with the bitcoin, the most banks hate the bitcoin.
The only like the system, I think by that time there will be another global currency created.

hasiramasenju

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actually i was never thinking such that and i think it would never happen and difficult to be realized because bitcoin is fully anonymous and very difficult to control bitcoin users and i guess government will think twice to admit bitcoin as national currency

MF Doom

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no, definitely not btc. BUT it does appear some countries are working towards some form of digital currency (china's central bank is "studying" this). This will allow them to tax people more easily, as there will be "no place to hide" your money

trickshot22

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i don't thin kthat it will be national currency, unless there will be country named bitcoinland or so, but it may be alternative payment

Elwar

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Quote from: Dekker3D on February 16, 2016, 07:11:12 AM

But the bitcoin price is highly volatile at times so it will be hard for everyone to use bitcoin as a national currency.

The volatility has decreased dramatically in the past few years to the point that several nations have higher volatility.

I suspect that by 2026 Bitcoin will be one of the most stable currencies in the world.

Dekker3D

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But the bitcoin price is highly volatile at times so it will be hard for everyone to use bitcoin as a national currency.

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hee-ho.

probably. but only by very small nations like described above. by 2026 a lot more people will use bitcoin and some big nations will most likely try to find a way to regain control of their citizens' money.

Elwar

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Quote from: randy8777 on February 15, 2016, 07:22:46 AM

Quote from: Elwar on February 15, 2016, 05:34:57 AM

It will be an official national currency, but not in a nation that currently exists.

do you expect a new nation to pop up within let's say 20 years? i don't think so. maybe there will be a small island with around 1000 citizens where they change to bitcoin as currency, but not more than that.

A nation is a nation. There was no specification on size.

Denker

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Well not officially I would say. But I could imagine a development where Bitcoin acts like a second currency just by being tolerated because a government in an african or south american country for instance knows they can not really ban it.
Something similar to M-Pesa in Kenya.

RariBest

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no i don't think that one of the big nation on the world will adopt bitcoin as national currency, bitcoin for the moment need fiat to be alive

gregyoung14

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Quote from: Funny on February 16, 2016, 04:12:20 AM

Bitcoin cannot be owned by a nation, so it's impossible for it to become a national currency. But wider adoption and use? Definitely yes.

Yep yep. Basically it's a neutral currency. But then again, 2026. That is 10 years from where we are now.. Who can really tell?

Funny

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Bitcoin cannot be owned by a nation, so it's impossible for it to become a national currency. But wider adoption and use? Definitely yes.

QuintLeo

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I see it as impossible, as no country is going to adopt a currency they have essentially ZERO control over.

I see it as very faintly possible that some country will adopt a digital currency, and it even might be based loosely on Bitcoin technology, but it will NOT be Bitcoin.

BruceLee007

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no, it maybe alternative, but not main national currency globaly, people wont change euros or$ for them

Topic: Do you think bitcoin will used as National Currency on 2026? - page 4. (Read 3966 times)