If that country considers everything on a fixed rate of coins rather than being dependent on its equivalent fiat currency, it won't be a issue. But if the value is measure based on fiat currency everything would be a total chaos due the price fluctuations. Paying for goods and services is going to be really hard.
Topic: would you live in a country that use bitcoin as official currency? - page 7. (Read 5246 times)
December 20, 2017, 01:35:17 AM
December 17, 2017, 02:33:42 PM
No .. in my country actually bitcoin is not very popular. Most people use traditional money to pay the day. They rarely use bitcoin to pay. I hope that in the future bitcoin will be widely used in my country. Many development services and payment methods are bitcoin
December 17, 2017, 02:12:24 PM
I would live in a country that uses both the digital and fiat currency. But as for only digital currency, I don't think so; because unlike the fiat currency that has a direct access of usage at no transaction fee, the digital currency requires the use of internet which would sometimes have difficulties when you want to make a transaction.
December 09, 2017, 06:39:36 PM
Yes, of course, i want to live and experience how to live in a country that only use btc as currency and experience the convenience that everyone can get in using it.
December 09, 2017, 06:28:52 PM
would you live in a country that use bitcoin as official currency?
assume that you're living there and get paid also in bitcoin. do you think it's possible to live in a country when one day the currency go up or down in 20%?
assume that you're living there and get paid also in bitcoin. do you think it's possible to live in a country when one day the currency go up or down in 20%?
No, I won't live a country that uses bitcoin as their local currency because you pay fees and you wait for the transaction. And how can the government will maintain the country if there is no taxes to pay?
December 02, 2017, 05:08:12 AM
Of course I want to live in the country that using bitcoin as official currency, because it's easier to buy things or food that I need. And I hope that's what happens in our country in the future, because it's a huge help if bitcoin becomes our official currency .
December 01, 2017, 09:51:53 AM
I forsee that the day is drawing near where the first country will use bitcoin as an official currency. But in order for that to happen bitcoin must first be stable like gold and silver for example. Otherwise even if the country fully adopt bitcoin, businesses may not have the courage to deal fully in bitcoin.
As to the question whether i will be willing to live in that specific country; yes, but only with a bitcoin and with a stable rate.
As to the question whether i will be willing to live in that specific country; yes, but only with a bitcoin and with a stable rate.
December 01, 2017, 09:40:32 AM
I think I'm not gonna live in a country that use bitcoin as official currency because I don't really like using money through internet, if I remember the last time that I use my money to pay a thing online and it may hack it and I also think that it would happen there in a country like that.
December 01, 2017, 09:33:19 AM
Only if the transaction fees could be addressed for smaller transactions, it is simply uneconomic to pay for something like coffee or buy a bottle of water and pay in BTC
December 01, 2017, 09:19:59 AM
I do not live in a country where bitcoin is used as an official currency. In my country, the government does not accept bitcoin although they know bitcoin brings many benefits to people. The government banned bitcoins because they could not levy taxes on bitcoins and bitcoins hurt the interests of banks.
December 01, 2017, 07:42:05 AM
Yes. Because it is convenient and hassle free.
November 24, 2017, 09:32:27 PM
My country is forbidden to exchange bitcoin and crypto in transactions. The government is trying to manage these exchanges but is facing many difficulties. I hope our government will have a different view on the crypto market.
November 24, 2017, 08:31:58 PM
would you live in a country that use bitcoin as official currency?
assume that you're living there and get paid also in bitcoin. do you think it's possible to live in a country when one day the currency go up or down in 20%?
Yes. However the fluctuating value of bitcoin is seemed like a person working in another country with a higher exchange rate and spend the money he earned in his own country with lower or higher rate. It’s only a matter of discipline of wise spending assume that you're living there and get paid also in bitcoin. do you think it's possible to live in a country when one day the currency go up or down in 20%?
November 24, 2017, 07:40:18 AM
Only way to make BTC is from mining.
To earn btc, you can offer service, product, or labor.
Yes off course I will live in such a country where bitcoin is using as an official currency because bitcoin price is high and its transitions are also fast so I think it will help us if we are abroad and start earning bitcoin because in my country bitcoin price is high so I will send all bitcoin to my country and can take a huge profit from it. To earn btc, you can offer service, product, or labor.
November 22, 2017, 11:00:49 AM
no I wouldn't live there. Maybe it's good for the country as long as the rate good. Btw no one can guarantees value about bitcoin, or something bad occurs in digital life which bitcoin come from must be dangerous for that country's citizen. CMIIW 
November 22, 2017, 10:47:44 AM
Using a currency that changes its value every seconds? Is that odd? If a country relies 100% on cryptocurrency, they would not have a good system. People instead of purchasing choose not to because of the profit. No, i wont live on that country.
November 22, 2017, 10:14:59 AM
It is possible that bitcoin will be an official currency in a country and yes i will it will be helpfull and since that in the future technologies will rise.
November 22, 2017, 10:06:44 AM
would you live in a country that use bitcoin as official currency?
assume that you're living there and get paid also in bitcoin. do you think it's possible to live in a country when one day the currency go up or down in 20%?
Yes, why not. For me, bitcoin will help us. So why not to live in the country that the bitcoin is the currency. Because bitcoin is very useful. You can pay your bills using bitcoin thru internet. And someday, maybe we used to buy our favorite gadgets, clothes,shoes, and other's. assume that you're living there and get paid also in bitcoin. do you think it's possible to live in a country when one day the currency go up or down in 20%?
November 22, 2017, 09:45:20 AM
Yes I will live in a country that use bitcoin as an official currency. Why? It is an opportunity for me to earn. It is an opportunity for me to invest. It is an opportunity for me to get know more about bitcoin. Because people who are resident in a country that uses bitcoin as an official currency knows a lot about bitcoin. They knew a lot how you will use bitcoin in a right way.
I don't think that it will work like that because if there is country that only accept bitcoin as an official currency then it will be impossible to have a peace of mind in that country since bitcoin is volatile so there will be no price and the place will just be on a chaotic mode because people will be on panic in using bitcoin as an official currency. 
November 22, 2017, 03:13:50 AM
Yes I will live in a country that use bitcoin as an official currency. Why? It is an opportunity for me to earn. It is an opportunity for me to invest. It is an opportunity for me to get know more about bitcoin. Because people who are resident in a country that uses bitcoin as an official currency knows a lot about bitcoin. They knew a lot how you will use bitcoin in a right way.
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