would you live in a country that use bitcoin as official currency? - page 8.

Gategold

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Quote from: CrypTrends on September 19, 2017, 06:11:25 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%?

Life is not all about money, I preffer like to live in country which safe, beautiful, has fresh air and any other factor that can makes my life happy. So its not about bitcoin.

ace4549

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Why not? Living in the country which recognizes bitcoin as an official standard currency or official medium for exchange is great opportunity that should everybody take it.
It’s a bunch of blessing when it happens. Your money in bitcoin circulates in the system which provides you instant passive income without exerting too much effort.

Rudementry

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I would like to receive half of my wages in bitcoins. In everyday problems I would use dollars. But for large purchases or for travel to another country would use bitcoin. Cash in my opinion is required. Suddenly, communication or the Internet will disappear and you will not be able to pay with a credit card or transfer bitcoin. You will have to wait until they fix the problem. I've been in situations where there were problems with payments and cash saved the situation.

Harper6

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Quote from: ?? on ??

Only way to make BTC is from mining.

To earn btc, you can offer service, product, or labor.

Yes indeed I will live in such a country where bitcoin is using as a official currency because the price of bitcoin is very high in my country and I’m sure when I earn in bitcoin so I will send all my money to my home land and I will exchange this money in to my currency and I will get a huge amount of money so yes I will stay there.

Fortress12345

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I think no, the life there will be hard especially if the internet got shutdown. We can’t get money to spend. And also the price of bitcoin is not stable so it can be trouble if the price of bitcoin goes down and you are working there so much then you will be paid less than you really need to earn.

icecream sandwich

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Quote from: CrypTrends on September 19, 2017, 06:11:25 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%?

For me yes and that would be so great because I do not need to sell our bitcoins into some guy t just get the money. But I do not wanted our country's currency to vanished I just wanted for the bitcoins to be accepted as a payment in all the stores so whenever I do not have a cash bitcoins will be the one I will pay to them. Having them is like a life saver it is more convenient than credit cards because their value can rise up or down but we more likely to see them rise up.

kiddeon123

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https://icoenergy.org/

I don't think that it is possible. Imagine living in a place where money goes up ang down by almost 10 % in a matter of minute or day! business and other establishment cannot cope up with the changing value.
even the government will have a problem managing its currency. What I can imagine is for the bitcoin to become a secondary currency where people has a choice.

Erlinda Santiago

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Quote from: ?? on ??

Only way to make BTC is from mining.

To earn btc, you can offer service, product, or labor.

yes i wipl lice in a country that bitcoin is an official currency because i really want to experience buy things using a bitcoin

appleyard

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Quote from: CrypTrends on September 19, 2017, 06:11:25 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%?

Is this possible? maybe if the government of that country can maintain the presence of the power supply. what if the power supply came out what will happen. People will go crazy and and it will become a crisis to that country. and it will ruin their economy for ever.

Nanot

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Quote from: CrypTrends on September 19, 2017, 06:11:25 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%?

Bitcoin currency living is possible although because bitcoin was use by other country as thier money .So how come that it is not possible? Bitcoin is an electronic money that you would be able to use and making transaction to anything else.

trapp19

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definitely, it would be a dream utopia. imagine entrepreneurs setting up shop there and tourists getting tickets to go there with cryptocurrency. not so far off someday

goldade

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The Standard Protocol - Solving Inflation

I believe that the answer of every bitcoiners should be in the affirmative. We all understand how bitcoins work and have in one way or the other enjoy it's numerous benefits. Why then would I not want to live in a country where bitcoin is made the official currency.
In such country, the general acceptability of bitcoin, which was once one of the limiting factors of bitcoins, has been made possible which then makes transactions more easier.
The cashless policy of bitcoin is another reason to live in such a country, as this ensure safe and secured transactions one person to the other.

Randian Hero

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If you choose to live in a country where Bitcoin is a main currency, then your life would become crazy because of the always changing transaction fee.

Trivelius

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Merit: 250

Quote from: bryant.coleman on November 16, 2017, 05:51:19 AM

As long as I am able to get a good full time job, I will be more than happy to move to this country. But there are some concerns though, such as crime rate, taxes, capital gains, individual liberty.etc. In my own country (Singapore) I don't face much trouble in using Bitcoin. So I am not that desperate to move to another nation. But still, if Bitcoin becomes official, it will be a very attractive option.

Yes you are right I will also live in that country where bitcoin will used as official currency because I will love to live In that time where I will get job for lifetime I means about bitcoin but if there will be troubles like bitcoin illegal or have negative sides than I will leave but if that not happened then it will be awesome for me to live there.

CuriousGeorge

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KUWA.ai

Quote from: Maheshkumar_Hrangkhawl on November 16, 2017, 08:32:13 AM

I'd be very happy to live in such a country, but the question is whether they will provide me with the citizenship or not. There will be some prerequisites and I am not sure whether I will qualify.

So much complicated requirement to be a citizen is already waiting ahead, I'd prefer still staying in my country and keep on using bitcoin because it's not considered as illegal.
I can just use it freely as what those countries that recognise bitcoin as their official currency but maybe less acceptance in real life, but doesn't affect that much, everything can
be done through online shopping.

Maheshkumar_Hrangkhawl

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I'd be very happy to live in such a country, but the question is whether they will provide me with the citizenship or not. There will be some prerequisites and I am not sure whether I will qualify.

pathapoddo

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CRYPTOCITIZEN $CCASH

I will. It will be good to live in a country which is accept bitcoin or use bitcoin as a official country. But there will be a problem that bitcoin's price is not stable. But it will help us to live our life better.

deviant99

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I think maybe not because the value of bitcoin is not stable, but for me I can have both because it somehow help us on our daily expenses

adzino

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www.Crypto.Games: Multiple coins, multiple games

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.

feiss

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Quote from: CrypTrends on September 19, 2017, 06:11:25 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, that would be amazing because nowadays we use digital currency as payments and to buy other materials online. It is now easy to pay the bills online using digital currency. The country that uses cryptocurrency will also became successful because the more that uses bitcoin the more it will be in demand the more the price will increase every day. So we can live in an easy payment life and other things that uses online payments.

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