Will USA use bitcoins as a currency next year?

mrhelpful

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Quote from: Betwrong on June 19, 2016, 01:07:52 PM

Aren't they using it already? I mean I have never been to the USA but I heard you can pay with Bitcoin in some stores and even in the Starbucks. Is that not true?

Its hard to say on the % of people. Since I dont see any graph chat that can allocated what type of transaction is spent for unless it was labeled.

But most of the transactions till this day has been known for gambling then spending it at some store at starbucks.

carlisle1

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Quote from: crairezx20 on June 19, 2016, 01:12:01 PM

Quote from: groll on June 18, 2016, 02:11:28 AM

Not so soon I guess. The U.S. dollar is fiat money. It is the currency most used in international transactions and it is the world's primary reserve currency. So they will not just dump their currency for bitcoin.

Yeah right its impossible that bitcoin will be a currency/.. bitcoin s just like a gold and you need to exchange or sell it before they turn into fiat or money.. so usd will still remain bitcoin will stay as digital currency.

Yes very well said . Bitcoin will not be totally used by the USA as a currency they are just using it as a currenly through online transaction but it will never be replace US dollars because it is a international currency and it is used all over the globe .

crairezx20

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Quote from: groll on June 18, 2016, 02:11:28 AM

Not so soon I guess. The U.S. dollar is fiat money. It is the currency most used in international transactions and it is the world's primary reserve currency. So they will not just dump their currency for bitcoin.

Yeah right its impossible that bitcoin will be a currency/.. bitcoin s just like a gold and you need to exchange or sell it before they turn into fiat or money.. so usd will still remain bitcoin will stay as digital currency.

Betwrong

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I stand with Ukraine.

Aren't they using it already? I mean I have never been to the USA but I heard you can pay with Bitcoin in some stores and even in the Starbucks. Is that not true?

jiefes

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Unfortunately, good things do not happen quickly and easily.

groll

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Not so soon I guess. The U.S. dollar is fiat money. It is the currency most used in international transactions and it is the world's primary reserve currency. So they will not just dump their currency for bitcoin.

Mayuyu48

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Quote from: Nevis on June 15, 2016, 08:45:18 PM

i have been hearing arguments from bitcoiner saying that ther uplines telling them that the US president have took into consideration to use bitcoin as a currency to be used such as paying a cup of coffee and other services. I dont believe it but If its true can somebody tell me the exact story about that stuff.

It's highly unlikey. Bitcoin offers a decentralized system, and a centralized system such as the government would do anything in their power to promote a hierarchy rather than providing a decentralized system.
It's all about Monopoly at the end of the day, and the government won't lose theirs so easily.
Over a period of time, things may change, as of now, in my opinion, it's a difficult cause.

xventure

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I think the whole world will use bitcoins. This currency will be the world currency very soon ... It will be a source of imports and exports of the countries ... If this happens (I hope it happens) I'm already packing for early holiday hahahaha Wink

Hirose UK

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Quote from: Nevis on June 15, 2016, 08:45:18 PM

i have been hearing arguments from bitcoiner saying that ther uplines telling them that the US president have took into consideration to use bitcoin as a currency to be used such as paying a cup of coffee and other services. I dont believe it but If its true can somebody tell me the exact story about that stuff.

I'm not sure, if the news is right, the US government will adopt bitcoin next year as currency.

it's too fast. I think they should talk about this in a long enough time before considering whether it's accepted or not.

romero121

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USA never circulates bitcoin as a currency. In my opinion I have seen many people describing it as a token than a currency.

Barnabe

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In my opinion for this kiind of matters the only important thing is to follow the money. Actually the Us are "exporting" their debt to foreign countries. Why would they give up on this kind of free money ?
IMO they will not do much against it (it would be perceived as weakness or like a confession that something is a real threat to their economy, but they will not encourage it in my way.

bryant.coleman

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Quote from: carlisle1 on June 16, 2016, 10:46:44 AM

bitcoin price is based on dollars so i think USA is already using it as a currency . here in my country it is now being used as a currency but in some stores only and it is mostly used for online shopping . we still need to convert it to cash before we use it for real .

The US Dollar is the world's reserve currency, and that is why the exchange rates of commodities (gold, brent crude, WTI, metals.etc) and other currencies are given with respect to the USD. Currency pairs involving the USD (EUR/USD, UKP/USD, CNY/USD) are among the most heavily traded pairs in the Forex market. That shows the strength of the USD.

Doraiimon

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offcourse and specially if the bitcoin price keep rising

carlisle1

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bitcoin price is based on dollars so i think USA is already using it as a currency . here in my country it is now being used as a currency but in some stores only and it is mostly used for online shopping . we still need to convert it to cash before we use it for real .

bryant.coleman

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Quote from: xventure on June 16, 2016, 09:51:59 AM

The whole world is already using bitcoin, no doubt this will be the universal currency very soon, currency trading, imports and exports. Bitcoin is the currency of the new generation, only Venezuela that has not surrendered to these developments, we still see some cases of people being arrested for using bitcoin.

You can't claim that a currency which is being actively used by a few tens of thousands of individuals is a world currency. As a matter of fact, the Bhutanese ngultrum and the Surinamese dollar are more popular than the Bitcoin. I want Bitcoin to become the world currency... but that doesn't mean that we should overlook the current user stats.

crairezx20

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I think they are already using bitcoin just like here in my country they are now using bitcoin and put some rules and regulation. also they are need government identity before you can withdraw. and i hope we the same as in usa..

xventure

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The whole world is already using bitcoin, no doubt this will be the universal currency very soon, currency trading, imports and exports. Bitcoin is the currency of the new generation, only Venezuela that has not surrendered to these developments, we still see some cases of people being arrested for using bitcoin.

Elwar

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Chatted with Trump and Hillary over the weekend. They're both on board for converting the US currency to bitcoins their first day in office.

They also said they will be ending all wars and scrapping the income tax.

Then I woke up.

jt byte

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If it continues with the increase as it has I can see them contemplating it. Wink

BADecker

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Around $735 to 1 bitcoin right now. If the banks don't get on board soon, they will lose it all.

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