Is it possible for a country to adopt Bitcoin as its official currency? - page 2.

bryant.coleman

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Quote from: Das on April 21, 2016, 04:34:39 PM

Yes it is possble. Greece might go first though, considering it's volatile economy.

They have no such plans. 99.9% of the Greeks have never heard about BTC, and the vast majority of the population does not have the technological knowhow to safely store Bitcoins and to trade them. Euro will remain as the official currency of Greece for the short-term and mid-term. If they are thrown out of the Eurozone, then they will either print Drachmas, or start using the Russian Ruble.

catch.me.if.you.can

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No, because its anonymous like tax havens. A government needs names and addresses.

chichidori

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No it will not be adopted, it can be a means of payment for some other goods and services, the government will not allow it.

KennyR

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Quote from: xht on April 21, 2016, 05:11:20 PM

No, i don't expect any country to adopt Bitcoin as their National Currency but i agree if they adopt bitcoin for their businesses payment.

Yeah, no country will adopt bitcoin as their national currency. It might be used within certain sectors as it easy to transfer huge funds.

xht

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hey you, yeah you, fuck you!!!

No, i don't expect any country to adopt Bitcoin as their National Currency but i agree if they adopt bitcoin for their businesses payment.

mark coins

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It is possible for any country but the only thing it needs is the support from the Government of that particular country which seems to difficult at a moment.

Das

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Yes it is possble. Greece might go first though, considering it's volatile economy.

Lenore

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It would be possible. But highly unlikely. Plus they would be able to just make more. Hiwever it may make it worth way more if that were to happen simply because of supply. Dunno just what i c is all.

Would be cool though. Would be nicebto see the price go back up.

Santoso

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I dont think so either. Not many people know bitcoin and accept it.

yvv

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.

Yes, it is possible. In a country where all government are drug addict mental morons.

TheBlueEyedBitcoinDragon

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Not right now. Not any time soon, I don't think a nation will replace it's currency with bitcoin until bitcoin is very widely adopted and people know how well it actually works. My prediction is that the first country to replace their currency with bitcoin will be doing so sometime after 2040. Maybe in Africa or Latin America.

countryfree

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Your country may be your worst enemy

This supposes raising taxes in BTC and paying civil servants with BTC. I'm not expecting that in the near future. It would take an entirely new generation of politicians. Those that we're having today, they wouldn't know how to live without an unlimited money supply.

Lethn

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Quote from: Wilikon on September 24, 2015, 10:40:54 AM

Quote from: Lethn on September 24, 2015, 07:16:23 AM

http://panampost.com/belen-marty/2014/08/28/dominica-will-be-first-nation-with-universal-bitcoin-possession/

You're all noobs.

Organizers Cancel “Let the Bit Drop” Bitcoin Festival
Cryptocurrency Groups Cite Lack of Dominican Government Support

http://panampost.com/belen-marty/2015/02/12/organizers-cancel-let-the-bit-drop-bitcoin-festival/

Aw fuck!

thought they went through with it.

koinsuka

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I think it's unlikely the anonymous nature of bitcoin will
make all kinds of business books will be difficult to
detect in case of financial irregularities by bureaucracy

Aemon

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I don't think it will ever happen. The whole point of Bitcoin to me is that the government is not in control. The whole point of having a currency is having the govt in control of it.

pilscoop

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Quote from: Lethn on September 24, 2015, 07:16:23 AM

http://panampost.com/belen-marty/2014/08/28/dominica-will-be-first-nation-with-universal-bitcoin-possession/

You're all noobs.

Hence the Newbie status hahaha

Wilikon

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minds.com/Wilikon

Quote from: Lethn on September 24, 2015, 07:16:23 AM

http://panampost.com/belen-marty/2014/08/28/dominica-will-be-first-nation-with-universal-bitcoin-possession/

You're all noobs.

Organizers Cancel “Let the Bit Drop” Bitcoin Festival
Cryptocurrency Groups Cite Lack of Dominican Government Support

http://panampost.com/belen-marty/2015/02/12/organizers-cancel-let-the-bit-drop-bitcoin-festival/

Lethn

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http://panampost.com/belen-marty/2014/08/28/dominica-will-be-first-nation-with-universal-bitcoin-possession/

You're all noobs.

panju1

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Quote from: pilscoop on September 23, 2015, 12:12:39 PM

Do you think this can ever happen? Bitcoin or any other form of cryptocurrency.
Which country do you think could be the first to do this (hypothetically)?

Is it possible? : Yes.
Is it probable? : No.

Gimpeline

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Don't think it will happen. If anyone tried, they would be bombed back to the stoneage by the bankers

Topic: Is it possible for a country to adopt Bitcoin as its official currency? - page 2. (Read 1718 times)