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Title: btc Post by: bitcoinjesus2.0 on July 22, 2015, 10:05:04 PM :)
Title: Re: AUSTERITY IS AWESOME ??? Bitcoin just saved the world from WWIII Post by: Meuh6879 on July 22, 2015, 10:23:37 PM in the same way (i love this intervention !)
https://www.youtube.com/watch?v=joITmEr4SjY http://imagizer.imageshack.us/a/img913/16/6Wsiyn.jpg Title: Re: POLL - Which Bitcoin will become the first national currency? Post by: bitcart on July 25, 2015, 03:56:32 PM Describe the difference between the two.
Title: Re: POLL - Which Bitcoin will become the first national currency? Post by: Derrike on July 26, 2015, 03:23:36 PM Describe the difference between the two. difference between the two is mentioned in the OP above your post. Just give some time in reading the post my friend. Title: Re: POLL - Which Bitcoin will become the first national currency? Post by: achow101 on July 26, 2015, 03:32:31 PM constant value relies on having something else to be compared against while floating value can have value independent of other currencies. A constant value coin would always be 1 coin = x USD (or any other currency) while floating value would be 1 coin = 1 coin. Why would any nation want to have their currency be based on someone else's? It essentially just makes their currency the other one but a different name. You don't see current fiat currencies like that, so why would any cryptocurrency that is adopted by a nation be like that?
Title: Re: POLL - Which Bitcoin will become the first national currency? Post by: LiteCoinGuy on July 26, 2015, 03:44:36 PM "2. constant value - smartcoins -"
secured/pegged to bitcoins blockchain i would say. Title: Re: POLL - Which Bitcoin will become the first national currency? Post by: Possum577 on July 26, 2015, 08:18:35 PM The idea of Bitcoin becoming a national currency is scary
Title: Re: POLL - Which Bitcoin will become the first national currency? Post by: apriyani420 on July 26, 2015, 08:22:44 PM The idea of Bitcoin becoming a national currency is scary why? i believe it would be a good idea, people wouldnt be more independent as they wouldnt need banks and the price would be more stable if countries start to accept itTitle: Re: POLL - Which Bitcoin will become the first national currency? Post by: Amph on July 26, 2015, 08:36:06 PM The idea of Bitcoin becoming a national currency is scary why? i believe it would be a good idea, people wouldnt be more independent as they wouldnt need banks and the price would be more stable if countries start to accept itthe biggest benefit would get rid of that scam called exchange rate which can rise to 3% from fiat to fiat, but it would also lead every banks against bitcoin and probably governments against bitcoin, because they will lose their edge... Title: Re: POLL - Which Bitcoin will become the first national currency? Post by: fryarminer on July 26, 2015, 09:35:52 PM The idea of Bitcoin becoming a national currency is scary +1 It would go against everything Bitcoin stands for. And the regulation and monitoring would be ridiculous. Title: Re: POLL - Which Bitcoin will become the first national currency? Post by: gentlemand on July 26, 2015, 09:46:46 PM why? i believe it would be a good idea, people wouldnt be more independent as they wouldnt need banks and the price would be more stable if countries start to accept it The stability of major national currencies is down to their governments constantly tinkering with every aspect of them. There's no way they can control BTC. Just as we see with the Euro, you can't share a currency with wildly varying economies. What's good for one country is a disaster for another. Title: Re: POLL - Which Bitcoin will become the first national currency? Post by: cogabonito on July 27, 2015, 11:21:21 PM Voted for "no blockchain will ever support a national currency"
Because it's too complex for national usage. Also Any government wants their currency is controlled by worldwide instead of themselves... Title: Re: POLL - Which Bitcoin will become the first national currency? Post by: Hopalong on July 27, 2015, 11:52:48 PM why? i believe it would be a good idea, people wouldnt be more independent as they wouldnt need banks and the price would be more stable if countries start to accept it The stability of major national currencies is down to their governments constantly tinkering with every aspect of them. There's no way they can control BTC. Just as we see with the Euro, you can't share a currency with wildly varying economies. What's good for one country is a disaster for another. I live in a small country. We are rich but the economy is small compared to the big ones. Two times has the central bank had to fight of traders who tried to pump our economy. Imagine a country with bitcoin as national economy who would be dependent on the wales behaving nice all the time. Scary tought. Title: Re: POLL - Which Bitcoin will become the first national currency? Post by: Amph on July 28, 2015, 07:38:48 AM why? i believe it would be a good idea, people wouldnt be more independent as they wouldnt need banks and the price would be more stable if countries start to accept it The stability of major national currencies is down to their governments constantly tinkering with every aspect of them. There's no way they can control BTC. Just as we see with the Euro, you can't share a currency with wildly varying economies. What's good for one country is a disaster for another. I live in a small country. We are rich but the economy is small compared to the big ones. Two times has the central bank had to fight of traders who tried to pump our economy. Imagine a country with bitcoin as national economy who would be dependent on the wales behaving nice all the time. Scary tought. this will be not true if bitcoin reach fully adoption, no whales or group of whales will be able to manipulate it on a long extent, this is why the price is important it cover us from pesky manipulator so bitcoin can become a national currency if a country is in a very bad economic situation and need to start from zero, in this case it's better for it to embrace a good established currency like will be bitcoin and not re-printing of his scam fiat Title: Re: POLL - Which Bitcoin will become the first national currency? Post by: gentlemand on July 28, 2015, 04:23:33 PM this will be not true if bitcoin reach fully adoption, no whales or group of whales will be able to manipulate it on a long extent, this is why the price is important it cover us from pesky manipulator so bitcoin can become a national currency if a country is in a very bad economic situation and need to start from zero, in this case it's better for it to embrace a good established currency like will be bitcoin and not re-printing of his scam fiat How would that possibly work? Said country will have to first buy all of this Bitcoin with their worthless fiat. No one's going to accept it and they'd jack up the price anyway until the country had to sell their population to get it. Or they could just start another fiat currency again with a clean slate and full control. Title: Re: POLL - Which Bitcoin will become the first national currency? Post by: spazzdla on July 28, 2015, 04:35:45 PM The USD is a "smart value coin" how's that working out for the saver? utterly fucking terribly lol.
Title: Re: POLL - Which Bitcoin will become the first national currency? Post by: unamis76 on July 28, 2015, 04:55:02 PM I don't see how could Bitcoin become a national currency... Why would that happen? What are the arguments in favor? Countries should just replace their fiat with a blockchain equivalent...
Title: Re: POLL - Which Bitcoin will become the first national currency? Post by: foodstamps on July 28, 2015, 05:00:16 PM I guess it could happen if you consider the law of truly large numbers....but I think we have more of a chance of seeing this.
https://i.imgur.com/KMLvHLI.jpg Title: Re: POLL - Which Bitcoin will become the first national currency? Post by: Hopalong on July 28, 2015, 06:01:18 PM why? i believe it would be a good idea, people wouldnt be more independent as they wouldnt need banks and the price would be more stable if countries start to accept it The stability of major national currencies is down to their governments constantly tinkering with every aspect of them. There's no way they can control BTC. Just as we see with the Euro, you can't share a currency with wildly varying economies. What's good for one country is a disaster for another. I live in a small country. We are rich but the economy is small compared to the big ones. Two times has the central bank had to fight of traders who tried to pump our economy. Imagine a country with bitcoin as national economy who would be dependent on the wales behaving nice all the time. Scary tought. this will be not true if bitcoin reach fully adoption, no whales or group of whales will be able to manipulate it on a long extent, this is why the price is important it cover us from pesky manipulator so bitcoin can become a national currency if a country is in a very bad economic situation and need to start from zero, in this case it's better for it to embrace a good established currency like will be bitcoin and not re-printing of his scam fiat If a country start to buy up bitcoin the price would rice so high and so fast that they would have used all their money long before they had as many bitcoins as the twinkle dudes. The problem is that no country can buy up bitcoins with their own currency since it would crash and noone would sell them bitcoins. It must be a country like Zimbabve who uses a foreign curency who could do it. Probably would get 10K to 20K bitcoin before they run out of dollars since the bitcoin price would go to the moon when they started to buy. Title: Re: POLL - Which Bitcoin will become the first national currency? Post by: Hopalong on July 28, 2015, 06:04:41 PM I don't see how could Bitcoin become a national currency... Why would that happen? What are the arguments in favor? Countries should just replace their fiat with a blockchain equivalent... A premined bitcoin clone would do the trick. Then all the people could convert their fiat to the new crypto. Title: Re: POLL - Which Bitcoin will become the first national currency? Post by: Derrike on July 29, 2015, 06:15:35 AM I don't see how could Bitcoin become a national currency... Why would that happen? What are the arguments in favor? Countries should just replace their fiat with a blockchain equivalent... A premined bitcoin clone would do the trick. Then all the people could convert their fiat to the new crypto. We all know about the preminted coins. When the prices bump then the developers get greedy and dump the entire coins and the people who buy them are left with bags of shit coin. Title: Re: POLL - Which Bitcoin will become the first national currency? Post by: Hopalong on July 29, 2015, 07:16:42 AM I don't see how could Bitcoin become a national currency... Why would that happen? What are the arguments in favor? Countries should just replace their fiat with a blockchain equivalent... A premined bitcoin clone would do the trick. Then all the people could convert their fiat to the new crypto. We all know about the preminted coins. When the prices bump then the developers get greedy and dump the entire coins and the people who buy them are left with bags of shit coin. I am not talking about some random scamcoin wich seems to be most of alts today. I am talking about a goverment who premine so all the fiat can be traded in. I anyone has a better ide about how a crypto could be adabted by a country go ahead and tell us. Title: Re: POLL - Which Bitcoin will become the first national currency? Post by: mattiadeabtc on July 29, 2015, 07:19:52 AM I think when speaking a nation that adopts a currency based blockchain is a real utopia, atleast for the moment
Title: Re: POLL - Which Bitcoin will become the first national currency? Post by: Hopalong on July 29, 2015, 07:36:29 AM I think when speaking a nation that adopts a currency based blockchain is a real utopia, atleast for the moment In democratic countrys people has the power to vote for the politicians who are in favor of changing to a crypto. In my country we have a liberalist party who would support that idea if the question came up. |
