Topic: would you live in a country that use bitcoin as official currency? - page 20. (Read 5273 times)

yes, hopefully we can see it now in japan and sokor, since most of the people there always us the internet to buy stuff, it is also much safer since you don't need to carry around your wallet nor cash with you just to do transactions or to pay for your bills, we all can use our phones in order to do transactions, just by scanning the QR codes. recently there is already an electronic store in china that are no employees, the only thing you can get in touch with a person is when you ask help from their customer service and that is done through a teleconference between you and the customer service, if technology like this has already been made it will make cashiers from convenient stores will be obsolete, the store has security, if that will be the future, then it is safe to say that bitcoin will be the official currency of that country. as we all know mcdonald's is also doing innovations in some of their stores and soon they will also accept bitcoin as payment, since it is one of the dominant cryptocurrencies we have right now. I think that bitcoin being an official currency of a country, will make their citizens rich and all will have equality, if the government says all teacher should receive .01 bitcoin per month, all schools will follow, be it a private or public,and even athletes, no one will dare to ask for a higher talent fee, since they should be in it for the game, for the sports and not for money, since we all can see that most athletes today are just doing their sports without passion and are just waiting for endorsements, that's why they are being paid more than doctors, i think in that way, people will be paid fairly, since doctors saves lives and athletes play their passion. I think living in a world with bitcoin as official currency is just for all.

agree with you we need paper money not all the time we can use online money to paid all we need , but if can have that coubtry maybe depends on the situation for what would be the situation is on that country. that if not only needed some paper money because I believe that nothing is imposible on bitcoin currency.

its like that in our country(philippines) because we have exchanger here then we can use that to convert to our own money call php,easy to use and to good for transaction even we have fee for using it,bitcoin is like a dream here in philippines because we have a hope here to build a good future thats why its like a food that we need everyday to live

For me i dont want to live in the country that has only currency and that is bitcoin. Yes we can say that everything will be online and everything will be high-tech but we should still need the paper money to buy the thigs we want because i believe that we are not yet in the online community. I am now satisfied with what bitcoin is doing right now in our life.

If given a chance why not, as it would be easier and convenient to work yourself up with using electronic currency. It can also be noted that if a country's currency is btc then that country would have to be very technologically advanced to integrate it into their economy.

I don't have any problem in living in a country where Bitcoin is accepted as the official currency. The type of currency doesn't matter much for me. I just want to earn a regular salary from a full time job. I don't care whether I get this salary in the form of the United States Dollar or in the form of Bitcoins. Anyway, both can be exchanged. So what is the big deal?

For me the bitcoin currency is one of the best currencies in the coming days still now if we look at the demand of the bitcoin that is growing very fast so it will become more popular. I can imagine the people who won good profit must be found the best profit in the bitcoin investment as the price in that country would be more that 4500$ so they are very lucky.

Yes, I will, that means that the country I am living was progressive at any means and they embrace changes. That will grow in the next years and for the future of the economy of the country even if the bitcoins are not that stable right now.

Well in fact there would be a time that bitcoin may dump its value and I think it is not a good idea that you didnt know that maybe half of your earnings has gome in a blink of an eye and I think that will creep us out, and since bitcoin dumps is it a good idea that if bitcoin dumps you will lose your money as well?

I would actually live in that country if bitcoin is their official currency, there is nothing greater when you can invest with your money they may be pros and cons but it would be fun. It's just like investing when I need to buy something I'll buy in bulk if the rate is high so that I can buy more than what I want but if the rate is low, I won't buy anything and wait until the rate will come back but it totally depends on the person but I do think that it is hard for a country to have bitcoin as currency because of the fluctuation of the rate that means if the rate is down the economy of the country is also down. If bitcoin will get a stable rate I do think that it will be possible.

Although that is very unlikely, but yes I would like to live in a country that acknowledge Bitcoin as their official currency. One of my dreams that I'm sure will happen someday in the future. Well by the time Bitcoin got legalize internationally it won't be as volatile as it is now I think (and also won't be as cheap as now ).

Probably not, because we were already accustomed to paying real cash and besides, the transaction fees for using bitcoin for our everyday expenses will cost us a lot. But if the price of bitcoin would really get high and the price of our daily needs will still remain the same when we are still paying paper money, then I think it would be great.

no, because i believe that is against bitcoin's true nature to be as official currency of a country. and such country should be first crazy and second have a pretty bad local currency themselves to want to get rid of it and adopt bitcoin in its stead.

sometimes some ideas sound good in your head but in reality they are worst that you think!

If I do not want to live in that country, because I will not be waaaw anymore bitcoinnya value, enough in my country alone, let bitcoin be a currency that does not have the state, so even though the price up and down, then no wqrga country that benefited or harmed

I think so, it would be nice to live in a country where digital currency is widely used or considered to be completely an official currency but we, as users we also need to consider those limitations of using digital currency especially when the internet connection or the Electricity in your area has interrupted due to natural disasters . due to some limitations of using bitcoin, I think it would be good only as an alternate to cash .

This is my dream to live in a country that the currency is bitcoin so they wont steal a money or lose money while you are travelling to job or vacation but you need only to online and use the money with ease

If we would consider to travel outside the country or to live in other countries. I would rather wait for the legality of Bitcoin on the country we I currently lived in becasue I think that is is quite hard to adopt to changes in terms of living in a new country. And in fact bitcoin can be used as a part of trading and investment in most of the countries with the used of wallet.

Yes of course especially when bitcoin become legalized by government. I can live in a country where bitcoin can olnly be ised because I already have it. And i think that was good especially when it uses as a payment because we dont need to convert our money into fiat to used it. But I think that impossible to happen because paper money was still ahead to bitcoin.

I live in China and I prefer to use Yuan.

It would be pretty interesting/. Pretty much the only thing that people would have to look out for is the long confirmation period.