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Topic: Which country looses the most when Bitcoin becomes the Currency of Planet Earth (Read 4548 times)

hero member
Activity: 616
Merit: 500
I believe it's the countries where bitcoin is banned or made illegal. Those are the countries who are missing out on bitcoin since they aren't able to do anything that has to do with bitcoin or crypto currencies.
legendary
Activity: 1568
Merit: 1005
beware of your keys.
well obviously those who are against bitcoin and are banning it, are the first that will lose much then you have those that are restrcting it

instead those that are regulating and taxing it i think they will gain more

if they join the mining or buy more bitcoins, they will not worry about the crash of their debt, meaning they won't be affected by the financial crisis. Smiley
no use on banning bitcoin, get to mix between their fiat and the bitcoin is the best solution.



US is probably losing the most if bitcoin become the currency of the planet earth i guess, US dollar is the most trusted as of now.
hero member
Activity: 798
Merit: 1000
LIR Dev. www.letitride.io
There will be no decentralized currency of the earth or should i say man. We are to far into slavery for anyone to let up and give us some freedom to be our own banks. Of course if it did happen then the US and the dollar and its people would be the ones to loose out the most, but they still have a super army and again to recap it will never be allowed.
Pab
legendary
Activity: 1862
Merit: 1012
Whan US dollar will be no more reserve currency,you will see tsunami in that country,and masive number
of USA emigrantsThay will all like to come to Europe,or any other place
hero member
Activity: 630
Merit: 500
This makes sense that USA would be the ones hit the hardest. Them and China are the one biggest economies on the planet and so the ones that are most tied into which way bitcoin turns from bad to worst as you can see in the current numbers now of the economy.
member
Activity: 98
Merit: 10
I would suggest the United States. Why? Because of the US Dollar, which today is the leading currency in international trading. If a virtual coin, such as the Bitcoin, replaces the US Dollar, the US economy would be hit quite hard.
hero member
Activity: 560
Merit: 501
My assumption is USA. No more government conspiracies on printing dollars and different families Cheesy
legendary
Activity: 3206
Merit: 1069
Either China or the USA.
Both countries have strong FOREX markets and if bitcoin is taking it over.... well they will lose a lot of money

i don't think, so because chian has also a very good amount of treasure, in bitcoin, if bitcoin skyrocket they recover from that point easily

we are talking about a major increase here, not bitcoin to $1k or joke value like that
hero member
Activity: 756
Merit: 503
Crypto.games
Which country looses the most when Bitcoin becomes the Currency of Planet Earth?

Additionally what happens to those pesky regulatory/"aiding" bodies, IMF, World Bank, SWIFT.

I have got my presumptions, what's your's?

In my opinion,  is like a dream even in the future.
Theres no way that bitcoin will become the currency of the planet earth.
Its so impossible. But if it become in reality and be truth I can say that USA will be the country.
legendary
Activity: 1148
Merit: 1000

What I don't see that clear is countries giving up on having a say on how they issue their currency.

The forces at play are unaffected by human choice/will. The machine set in motion by mankind is already unstoppable, its aim is to unify all of its individual parts so that its control is absolute. As dire as this may sound there is no foul play here. While this unification does override 'free will', it cannot be seen as 'evil' since humans are merely being dragged along by the the way they live.
legendary
Activity: 966
Merit: 1000
It's simple, the countries who had invested the majority of fiat's would be in profit and the one's who never cared to invest would be the last or lost one's.
Japan and China would be the leading without any doubt's and maybe Russia the last cause they seem to be banning bitcoin.
hero member
Activity: 630
Merit: 500
I would say the ones that owe the most to other countries. I think those countries would not the exchange rate and would like to be paid in the fiat that they used to give them.
Greece and Iceland come to the forefront to me that are the most in debt to other countries that gave those two bail outs.
sr. member
Activity: 406
Merit: 250
Either China or the USA.
Both countries have strong FOREX markets and if bitcoin is taking it over.... well they will lose a lot of money
hero member
Activity: 616
Merit: 500
Today we got 3 major currency's
USD
YUAN
EUR

If bitcoin becomes the main currency, the USD will lose the most then, YUAN en EUR.
Seeing how many countries still depending on the US dollar, i think not only the USA but many countries will see their currency deflate.
legendary
Activity: 1232
Merit: 1000
in my opinion usa would loose the most money if bitcoin became the currency of the whole world as all the banks would go bankrupt and countries wouldnt be able to regulate the bitcoin

USA definitely would be a loser.
We might have some new definitions of nationality and country if Bitcoin really becomes a universal currency.  Smiley
legendary
Activity: 1904
Merit: 1073
I think the countries with very strict capital controls and manipulation will suffer the most, when they still use their local currency.... for years these countries have been

stimulating and manipulating these faked fiat currencies and the citizens of these countries have been carrying the load. A global Bitcoin currency will never happen in any

way, because most countries have a too strong tie with their own fiat currencies.  Roll Eyes
hero member
Activity: 1022
Merit: 538
in my opinion usa would loose the most money if bitcoin became the currency of the whole world as all the banks would go bankrupt and countries wouldnt be able to regulate the bitcoin
A lot of countries would lose out as all banks would go bankrupt and a shit ton of people would lose their jobs. But then more jobs would be created by Bitcoin companies. A lot of governments wouldn't let Bitcoin become the currency of their country though. I really doubt that Bitcoin will ever become the currency of the Earth.
full member
Activity: 238
Merit: 100
in my opinion usa would loose the most money if bitcoin became the currency of the whole world as all the banks would go bankrupt and countries wouldnt be able to regulate the bitcoin
hero member
Activity: 700
Merit: 500
The country that has the most to lose is by far the USA I think. The USD is one of the symbol of the USA, so if it stop to exist, USA won't have any influence on the other countries throught the reserve currencies.

I never thought of it that way. I always thought that the countries that have banned Bitcoin will lose out the most. But you are very correct. The USD is the the symbol of the USA. If that goes, the USA won't have any power over the other countries. That is a really good view on this topic. Keep up the good work.
legendary
Activity: 1120
Merit: 1001
The country that has the most to lose is by far the USA I think. The USD is one of the symbol of the USA, so if it stop to exist, USA won't have any influence on the other countries throught the reserve currencies.
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