I guess we'll see, anything is possible with BTC. But what about Africa, India, etc? I realize 90% of us in Western Nations are such blithering idiots that we think inflation is what fills balloons, but those in places with hyper inflation (for example) are probably much more aware and more willing to adapt to this new concept. Furthermore, that still leaves 10% of non-retards in Western Nations to get this moving. China was a nice speculative pump for bitcoin, but the price doesn't have to by sky high for the concept to work - although once the concept is working, the price will be high - but based on a more solid basis than Asian (or anyones) speculation.
No need to go to Africa or India. Germans are well aware of what inflation or hyper-inflation is. It's a dreaded word in Germany, and Germany = Europe.
Yes,but Germany and Europe already has a powerful banking infrastructure with a invested interest not to be obsoleted. Even if there is no legal battle, they will fight to remain relevant with marketing, products, services. They will eventually lose that battle - but in Africa there doesn't even need to be a battle, bitcoin might end up becoming the natural choice. I use the telecom situation in China as an example, they skipped the land line stage and went straight to wireless - Africa is ripe for a similar skip-the-banking-credit card as payment method step.
I think we (BTC Foundation etc) should, in fact, push for adoption in Africa, it would both benefit them, and the BTC Community. It would help bring them into the modern world and international business environment. Once the rest of the world sees how great it works, it will be hard to resist. The current Western banking/government structure would be less able to destroy it, since it's clearly legitimate currencies and in widespread use elsewhere.
Africa is the beachhead.
