Bitcoin Forum

I think, a lot of us saw Bitcoin like tool for freedom. Now most people look at this like opportunity for enrichment. I don’t think that rich equals freedom. I know a many rich people’s. They are far from freedom.

It is now evident that just cryptocurrencies is not sufficient to achieve the goal. We need a State at our side. But current States seek to preserve the old order.

State it is a community with uniform rules. Territorial principle don’t need for creation of the State in the 21st century. So what do you think what's to stop us to come together and creation a new State now?

I think that it could happen that nothing is impossible in this world with a new government management system as well as all the new rules as we know many of all people who like and support bitcoin to become an official state currency.

If BTC able to be more popular worldwide then many country will accept BTC as recognized currency then BTC will be more usable and it will be inspiration for others.

I think the state is better to come up with their own cryptocurrency he sui serovno it will depend on bitcoins !

for now it seems that it cannot, and it takes a lot of time to be accepted in all countries in the world, in Indonesia it cannot be accepted by the government and is still called illegal, because there are still many risks ..

I do not think so. the currency of a country has so many conditions, and one of them has a stable value in the long run. whereas bitcoin has many disadvantages in being a country's currency, moreover the price is always changing in large numbers in a short time.

Are you for real?  In my opinion, cryptocurrencies is interesting because it is an alternative currency.  If crypto became the main currency, it will be just like another currency.

Many people dreams of making a new country where bitcoin is the main currency, but believe me its not as fun as it thought, its nice to use a currency with decentralised for yourself, but for the country its a disaster, if you realise now big whales are manipulating the price, imagine your country's economic being manipulated by the big whales, all of the citizens will suffered and the country's inflation will be very fluctuative

Bitcoin is getting better and better (see Lightning Network) and I think that in a few years it can become a currency in those countries whose fiat currency has collapsed miserably.

it was a bit exaggerated to set up a new state. freedom may not be with money, but the freedom of crypto money does not make us free. it's look like run away.

Bitcoin's quickly changing price, volatility, remains one of the problem we will encounter with bitcoin as it is still in it's infancy. Time will come that more and more people will hold bitcoin and then it will be stable. Then we can use it as a currency for a state.

Most of the times when it's illegal, then it's illegal only to make purchases with it, other than that no one will control you if you won Bitcoin and make any transfers with it to others and vice versa.

If many government approve BTC as state currency then BTC will be more popular and hope make finance of this country bright.

I agree, bitcoin gives freedom, but it still depends on big investors and they manipulate them. But if you want to create a state, then there is already one on the blockchain. It's called decenturion.

there is nothing impossible in this world with a new government management system and all new rules as we know many of those who like and support bitcoin can be accepted officially in all countries.

Bitcoin is likely to become a new national currency, and in the future the world may become more unified in terms of currency, economic and social values. Perhaps in the future the concept of a country will fade away. I think Bitcoin will play a more important role in the future.

The accessibility of BTC is global and it is one of the best features of it. BTC has it’s contribution in many aspects of society so if it reaches out more to the mass people then in near future probably it is possible.

Bitcoin and its modern technology will bring a revolution. I believe that Bitcoin will be a new state currency and people have a time that Bitcoin will accept them as their main currency.

it still depends on big investors and they manipulate them. its nice to use a currency with decentralised for yourself, but for the country its a disaster. Time will come that more and more people will hold bitcoin and then it will be stable.

I don’t think so. Though btc is becoming a big trend to the people and some countries of the world,but its not known to others like poor countries! Recently, Some banks of Europe has announced that they’re accepting crypto currency.

It is hard to say this right now. Because how worstly it is going down and down, we can’t handle this. It will rise up one day soon. And if this continues, then many countries won’t take it seriously.

BTC is one of the greatest currency in crypto world. But still it’s not as usual currency worldwide. But hope in future many country will be hold BTC as familiar currency.

I don’t think this will happen. This market is going down and down but I hope it will rise up again. But if this goes in the same way,it will be funny to say this. You can not but wait for this day.

because we are now all writing about anything right? What is your own state? are you sane? ;D

It may seem unrealistic to happen but I think it can be possible. Because dependency on internet and relating currencies is increasing. New generation is making it a serious issue. So it can be accepted in future soon

Your reasoning is too naive. They'll look great in a fantastic story. What does it mean to create a state??
Explain what you mean by this word:?? The state is an institution of power. It has a lot of different services, etc.
One Bitcoin and the concept of "Decentralization" is not enough to create a state.

We can expect it to be happened whether it’s not possible or not in real. Then we can control over the market being an old investor in the market and that will be great for sure

I think this can be happened. As the governments of impactful countries in the world is trying to control it. I wonder they might make it any state’s currency in coming future

The greed and selfishness of officials and civil servants hinders the creation of a new financial structure with the help of bitcoin! with each passing day I see fewer and fewer obstacles that different states establish at home! already a lot of influential people say that soon bitcoin will be one of the most popular coins around the world!

To become a state, it will need a global currency to interact with other states. It cannot use only bitcoin because there are some countries not using bitcoin.
But if the state is having enough resources and no need to interact with other states, then maybe they can using their own currency or bitcoin and cryptocurrency if they want.

It is possible in this modern technology based world. I believe that there will be a time when bitcoin will become the currency of a new state and the people will accept bitcoin as their main currency.

Ordinary people who do not hold any provisions in state bodies will be very difficult to change the situation. Because the main role in the organization of the state is played by the ruling bodies.

as long as the states allowed the bitcoin in their countey there's a chance that the bitcoin will be a currency of one state. bitcoin give many advantages and benefits for the people. it can help the people to make earnings and help to hardwork. and in terms of the negotiations. the transaction would get easier compare in the money country will used.

I think you have totally misunderstood the concept of using Bitcoins, it's a currency and it's not a freedom fighting tool. Based on many research people tend to attach emotions to bitcoins, which are nearly Impossible to happen like in this case.

I'm not aware which state you're in, but in no part of the world can you just create a state because you wish to support/adopt the currency.

There're many countries who have already adopted it, most notably Japan and that's giving huge boost to bitcoins, we should focus on getting our country's to adopt it, rather carve a state which will never happen.

Everything is possible in this modern world. And now we are depending more on modernized technology. So, there will be a time when most of the people will accept cryptocurrency as their main currency. And Bitcoin will become the currency of a new state.

Theoretically, bitcoin can become a currency. However, its volatility may have a negative impact on the country's economy. If the Crypto currency is stable in its price, then it will have more chances to become the global currency of the future.

Bitcoin are more secure and potential. its service better than traditional currency. it will be dominated the world in a time. because bitcoin get more investor or people. people are increasing their interest day by day.

There is quite a bit of unclaimed land in the world which could be used to create a country. However, it is in remote places that won't have the infrastructure to support bitcoin transactions. Soon more existing countries will accept it anyway like japan

I think it can happen to such a thing. Nothing in this world is impossible. There are still many people in this world who support Bitcoin. But the economy of your country is being driven by big whales. As a result the citizens of the country will be affected. Inflation of the country will be swapped. We can not build a new market, Bitcoin's new market. Which is the hope of all the Bitcoin Premiers.

Bitcoin are more popular in the world. it will be available in all country. but it will be take little time. we should wait for this. Bitcoin should be valid every country. it will take this place by its better service. it future are more bright.

I think that bitcoin is unlikely to become the global currency of the future. But it's without a doubt that there will be a crypto currency. The digital currency created for such purposes can take the best from Bitcoin, considering and correcting its weak points.

The volatility of the crypto currency is too large, so it is still dangerous to make it a global currency. It can not be controlled by the state and this can also affect the economy of the whole country.

It can be manage by the state if how know method suitable management Bitcoin to become same money of country and big value of Bitcoin could be background business development.

WE already have a new state in bitcoin family actually the states (government) wants to control the system at all time and in everything including the crypto. But if we that is holding the crypto agree to work within our selves and transact within we can ignore the old states order and continue our P2P transaction which will ensure the freedom we envisage from bitcoin.

in my opinion the most important thing for the future is that crypto currencies can be recognized by countries around the world and can make transactions like a currency that applies

I think that's not possible right now, but the future can be. Some countries prohibit Bitcoin, so why are Bitcoin users becoming independent, in a single Bitcoin state? That looks great. However, Bitcoin is so volatile and probably unstable, maybe we should wait for it to stabilize.

Yes its possible. Because it already develop al most all of the sector. It already use to an alternatively currency some of the country. So I think its possible to use a currency for new state.

It can be happened that bitcoin is currency because the usability is increasing with satisfactory number so it can be a currency for a new state.

Yes, that's right with what you say, if bitcoin becomes the currency of a country, the country's economy is regulated by a whale.
and experts have agreed that bitcoin will never dominate fiat currencies. will never

Of course, maybe he has every chance! bitcoin is a new unaccountable currency that will replace paper money!

I think, it’s more business than real currency for people today. Because as the name cryptocurrency implies, Bitcoin was intended not as a speculative asset but as a free-standing currency to compete with, and ultimately replace, government-issued currencies like the US dollar and others. While the price of Bitcoin has surged, its use as a currency has stagnated, or even declined.

If ever a certain country uses btc more than it's local currency and apply a tax for it, maybe it could happen. Because a certain country cannot sustain it's integrity without funds, and taxes is where the government get the funds.

The idea and the concept of bitcoin are in the objective and purpose of improving the quality of transferring funds and avoiding hassle double spending transactions (between the receiver and the sender) without any third party; thus, it may pave its way to an internet-based innovation strategy for business transactions and operations.

Since the dawn of time and normal trades such as the basic and simple one – bartering of products; up to the development of new civilization  to the new age of technology where we invest and get money out of digital form which will then be converted into fiat currency. Thus, the assumption of unified and State ruled policies regarding bitcoin is far than freedom but by the suggestion of financial matters and autonomy.

Bitcoin is the future, but you should not get ahead of it.

Bitcoin is a tool to financial freedom and a weapon to fight poverty. Take the advantage and change your life with bitcoin

The use of bitcoin as an acceptable means for making payments for goods and services shows that when a new state decides by regulation and policies that they wish to adopt the bitcoin as their currency, then why not. Nothing stops them.

with the haphazard nature of the bitcoin at the moment, no new state with sound economists and forecasters should adopt the bitcoin as a currency. the recent free fall of assets on the blockchain shows that the bitcoin is highly unstable and thus not reliable.

Bitcoin is a great coin and it is also popular among the people. If government shows any positive attitude for bitcoin then it will become an official state currency.

Yes bitcoin is really for everyone and i know there is nothing impossible in the future, bitcoin will really going to be a number one currency in the world and it will really going to create new community or new state.

I Think. NO!
Why ? National Currency Is Often Connected To Country's  Identity
Goverment Also Must Be Responsible For The Currency Production And Circulation(A Think That You Can't Do In Bitcoin)

BTW If You Will Create A New Country That Use Bitcoin For Their National Currency
Where?(The Only Land That Not Claimed By ANy Country Is Bir Tawil)
And Who'll Recognize Your Country,There's A Lot Of Country That Exist But Not Recognized(Somaliland)

That's a good idea indeed. But we can implement this method when all the countries in the world will accept bitcoin. The way it is progressing day by day I believe very soon this day will arrive.

There is a possibility of such situation but we know that bitcoin is getting adopted by many countries recently. So it will take time. Once it becomes accepted by most of the countries then we can expect this situation.

a territorial state that would use bitcoin as its state currency would be among maniac thing to ever exist, state without the ability to interact. it would be a state whose population would be enslaved by the bitcoin miners, who in the world would voluntarily join such a state?

regards

It might, but it will take a lot of time to take the form of reality, because there are countries who are not that welcoming about this coin because it operates in a decentralized system.

I don´t think that goverments will let this market unregulated,there is to much money in the game.And after regulations there will be no need for a " new state" or another revolution.

Maybe, but there's a lot to do. For example, to stop corruption and occupy the economy with blockchain. But first of all, you need to have smart people in the government.

It can definitely happen if a new state is formed and their population have lost their trust over their fiat currency due to economical problems like inflation and deflation then they can definitely opt for Bitcoin or other cryptos. Right now, this is just a prediction but I hope it happens soon.

It's true people found Bitcoin and they instantly realize that it is a tool for freedom. But now they have started using it to become rich and that's completely natural the only difference is before they are not free and they were doing it with a lot of struggle and confusion but now they are free from all those hassles. On top of these when people and not exactly getting the richness they are in their old stages and probably making the same mistake again. Being rich is not a problem at all but believing that you are the best is the problem.

Bitcoin can become currency of a state if it becomes stable. Right now, bitcoin is highly volatile so many stores and retailers don't accept it directly. Volatility is also a reason for the government not supporting crypto. Some experts have already predicted that crypto will replace fiat money but it might not be anytime soon.

If I understand you, you think the very essence for the creation of cryptocurrencies hasn't been achieved as of yet. Well, I think you are right. Cryptocurrencies were meant to be a decentralized payment system but it is being used for other purposes other than this, hence the fluctuations in its price. I think, more can be done to actualize the purpose for which cryptocurrencies were created (a payment system) so that it will become more widely adopted. If you ask me, I think a solution is already here. You might want to try the Cashbery ecosystem. You can google it for more

I think, it is very impossible to make a new country that uses bitcoin as a currency, indeed many countries forbid bitcoin from being used as a currency but of course it has many reasons, I don't think we need to create a new country for bitcoin, all we have to do is make bitcoin can grow rapidly in countries that have not legalized it so the government wants to issue regulations on the legalization of bitcoin

You never know if there is chance of new state to form in the future let alone, them accepting Bitcoin as their currency. Currently a lot of countries are legalizing cryptos and blockchain to use them to gain advantage or solve their existing problems. So, I think it would be a great idea for any of the country to accept BTC as their national currency.

It is possible to happening. Bitcoin is a universal digital currency, although some countries still banning it, but everyone can accept bitcoin because it has high liquidity. To become a state, i think not easy to just using bitcoin only in the country. Fiat currency maybe needed, except all countries are not banning bitcoin anymore.

If a group of people gets united on a purpose, they can achieve anything they want. Same thing goes to bitcoin usage also. Govt. will be forced to allow the usage of bitcoin for transactions and payments if the users of bitcoin get together and create a united community.

“Unity is Strength”. If bitcoin users create a community and stay united where they will only use bitcoin for every financial work like transactions, payment, receives, bank pays then Govt. will surely allow bitcoin as a legal currency to use.

I dont think that would ever happen. Bitcoin is universal and every state needs it's own unique currency. Bitcoin could be a better option but not an official currency for a state.

That is never possible because in order to become a new currency the currency should be unique. But, bitcoin is universal that why it can be a option not the main currency.

The main thing is that bitcoin was more stable, then more people will believe in it. On the other hand, people themselves must contribute to the formation of bitcoin.

although bitcoin is very popular among the world online market, but in my opinion to make a new country with bitcoin as its currency is not as easy as we thought, in the creation of a new country there must be a very very complicated process because we also have to be recognized by the world to be a country.

I think the possibility is very slim if bitcoin becomes a currency in a country, maybe the price is always changing and fiat's eyes have been used for a long time so there may be certain considerations to make bitcoin a currency because judging from that price is always changing and unstable

To create a state, in any case, territory is needed. You can not create a single state on the territory of different states. Even if we assume that such a state will be created, I do not think that it will only be able to go through crypto currency. These are children's fantasies, not based on real economy.

On what basis do you think creating a new state will be the solution to world problems because the social contract theory that gave birth to state creation has a solid foundation which is form by rule and high body of knowledge. The world don't need a new state but a workable solution to the problems of unequal classes that operate in the current state.

Bitcoin will become currencies only in the country in which modern technology is ahead of the world for 10-20 years ahead. Such countries in our time are units.

I don’t think it can ever be happened. But I won’t say it is impossible. As many people starts using cryptocurrency and dependency of transaction through internet is increasing. So there is a possibility that new generation may make this happen.

Many countries already start adopting BTC so it is a positive sign. The revolution of BTC is undeniably remarkable despite of being a new technology so I thing with a span of time it could happen.

Sure it is. This is not impossible to happen. Especially when more and more people are into using bitcoin as a form or as a medium in doing transactions. At the same time bitcoin has lots of perks on it, it can help you to do your task easily. Bitcoin will help us to improve what we need to improve and develop future is now guys.

For the recognition of any education by the state, the availability of territory is mandatory. There can not be a state without territory. It will be just a public organization and it must function within the laws of the state in whose territory it is located. Subversive activities directed against the state where such an organization is located can be considered a criminal offense. Therefore, the creation of a state without territory, only under the unification of the idea of bitcoin, is only a fantasy and nothing more.

You are too naive and absurd, first bitcoin will never be a currency in a country, especially for new countries. because its value is very unstable it can make a country go bankrupt quickly when a decline occurs, and especially when the market is being manipulated. I think you have to use logic and extensive knowledge to discuss.

all the possibilities of bitcoin being a new currency in my opinion require a long process, because each country has its own local currency

it is great for thier state if the bitcoin currency so many advantages thier state lots of help from the bitcoin it is decentrailized world wide network.

Every country has their country's currency and Bitcoin can only be an alternative currency and a digital asset. No country wants to replace their currency with Bitcoin because the cryptocurrency exchange rate is unstable and often changes

I think that will be an analog of bitcoin with an improved modification, since bitcoin itself has certain shortcomings and does not correspond to the needs and rules of all countries.this currency should be settled and not have such strong fluctuations.

If any other nation after Cyprus, Venezuela, Turkey, etc. will go towards the big inflation of its fiat currency then you'll see how bitcoin could really become money in earnest. People still have to understand that we are working for waste paper.

Your thoughts correspond to what the world is today. Many people don’t understand that development of telecommunication technologies and blockchain development are irreversible, as well as the fact that in the future there will be no paper money. The general model of the existence of countries also will be significantly changed.

quite possible! bitcoin is convenient in its use and much safer in its use and davitelly fast operation speed! bitcoin can greatly help the economy of any state!

We all know that bitcoin is very successful, sustainable, very popular and most versatile crypto currency available in the market and the most profitable one among all the crypto currencies and all these peculiarities of bitcoin is not theoretical only, bitcoin has proved it also by making its existence since 2009 and by providing employment to millions of people around the world and those who has understood this fate and potential of bitcoin , has legalised bitcoin in their nation and now experiencing a great boost in the development of their nation.

all the possibilities of bitcoin being a new currency in my opinion require a long process, because each country has its own local currency,butTime will come that more and more people will hold bitcoin and then it will be stable. Then we can use it as a currency for a state.

Sorry my friend, but I don't see you used  logic or extensive knowledge.

Skeptics was say the same about Bitcoin - "It is absurd… It never wouldn't currency..." etc. But we see opposide.

I have no doubt that's possible (create new State, use BTC as a currency for a state). I wonder what do you think how we can do it?

I agree, bitkoyn gives freedom, but it still depends on the big investors, and they manipulate them. if you are now aware of the big whales manipulating the price, imagine that the economy of your country is manipulated by large whales, all citizens will suffer, and inflation in the country will be very volatile. But if you want to create a state, then there is already one on the block chain. This is called employment.

Bitcoin cannot be the currency of a nation. Bitcoin is distributed around the world, Bitcoin is so general, so it can not become a single currency of any country. I believe that if Bitcoin became the official currency, it would be the world's currency.

I agree. Bitcoin is a currency for the people who wants freedom. And it is not possible for the whole world to use crypto currency in the future. Since a lot of people find bitcoin a better currency.

I think that bitcoin and other crypto-currencies will become so firmly entrenched in everyday life that the reasons for using the Fiat currencies will simply not exist.

Many understanding people saw Bitcoin as a growth prospect, so he became attractive as an object of investment.

But since Bitcoin's price is not stable, BTC will not yet become an everyday virtual currency.

I now do not remember the name of the company! but washed away in it, it's like a virtual state with its crypto currency! Anyone can get his passport in it! I think that bitcoin can repeat the same way!

I think maybe it could be, because bitcoin technology is already good and bitcoin has had enough development. And there are also several countries using bitcoin.

I think that, Yes it can but it is at the state's discretion as there may be more profitable for them to hold the ICO to release their own token !

That is not impossible, but its take long time before that happen because until now there are several countries are not accept bitcoin because of their government, if the government understand the real purpose of bitcoin will become a currency with new state.

This may be very hard because the existing  once has not been using bitcoin how would a new one exhibit  the currency called bitcoin but government policy can make it to be. What can make to be possible is government policy.

Money does come with some level of financial liberty, and bitcoin can be a tool to achieve this, the rules are not set in stones but it can play a  dominant role as a currency in a lot country

alone, no. As an addition to the fiat monetary system, of course it can. It would be very cool 8)

Bitcoin has the capacity to become the new currency. It is a matter of time and recognition. Patience is a key and if e allow time and ensure thay bitxcoin is not misuse by certain people, bitcoin has the opportunity to be the new currency.

I think this would be an alternative and not be a main currency if ever because bitcoin transactions need a gadgets and internet connection which not all people can provide that. There are many people are now using bitcoin as their secondary currency to spend for their needs but still they need to find goods in online to transact.

yes I agree, bitcoin is a digital currency that wants to become a payment instrument or world currency that has been legitimized by the government. but many people don't know what bitcoin is, so the government legalizes bitcoin.

I don't think so. As we can see, bitcoin has  just get better and better, even there's always be an up-down inside. But if it is for a new currency to be used, seems like too exaggerating. It will be better if bitcoin is approved and legal in the world, generally, rather than be set up for a new state.

Many countries have BTC as the legal currency!
Bitcoin and other cryptocurrencies affect the government's financial policies!
BTC has the potential to become a global currency in the future!

First of all, i think none of the countries have accepted bitcoins legally as their national currency which yet keeps bitcoins as a decentralised currency which is not involved with any national firm.
Also there is no chance to affect the government financial policies due to bitcoins or any other cryptocurrency as bitcoins and all other Cryptocurrencies are completely decentealised and have nothing to do with the centralised currencies. Bitcoins does no involve into centralised transactiona.

Bitcoins have the potential to be a decentralised popular cryptocurrency ahead and not a global currency. Bitcoins will keep on rising and increasing their territory being decentralised and also they might soon someday gain more value and importance from the community. They can't be a national or centralised currency but they can be great in the decentralised world of currencies.

IMO, it's impossible to happen.

First, I found there is no way for people around the world that able create a new state except something rush like world war happening.
Second, Bitcoin essentially isn't currency, it is an asset just like gold and bitcoin have unique value that can be trade like fiat.

can't. you pomotrit only as the course jumps. and present that it would be the state currency. of course at us too courses constantly change, but isn't so strong. I feel that such state will quickly become bankrupts.

Use the word CO-EXIST. Bitcoin can never be a currency of a state or the world alone. Many countries are still depending on using fiat. If bitcoin will take over, the world will have to adjust and we don't know what will happen next. Co-exist is the right term. Bitcoin and fiat may be used as a currency around the world.

This is not so easy. But a few countries can declare as official money. So they can allow the use with their own parity and Bitcoin together.

I think it could be a new country currency but I have never thought if a new country using bitcoin is in fact some countries have banned the existence of bitcoin

although bitcoin is very popular and has many users, but in my opinion it is impossible to be a global currency, because bitcoin is very unstable it is not suitable to be a global currency, people in every country will still use paper money as a currency in their country.

you're right, at the early stage, it was mostly about the decentralization and freedom. Now it's pure speculation from people who want to get rich very very fast. Nothing of use there. Let's develop bitcoin as payment solution, rest will come

Legalization of the crypt carries a temporary negative, which only in the short term will have a negative impact. But in the long run, it is legalization that will contribute to the greatest distribution of the crypt among all segments of the population.

actually bitcoin can be an alternative new currency for the country and I agree on that. the reason is that bitcoin has a strong value against the dollar, and it's good to reduce excess inflation in a country.

Maybe yes it will become currency at new state, many companies and country have allowing for using bitcoin as transaction payment. by more advantage of bitcoin it reason give more legal for bitcoin.

it is possible but not possible, because bitcoin is a decentralized currency whereas a country must have a real centralized currency, and bitcoin is also universal not intended / devoted to only one country

I'm already afraid to predict something for the near future. Not to mention the fact that to give a forecast for a year or more. Cryptocurrency is very unpredictable. But I hope to grow

I think it's difficult to happen, bitcoin is a decentralized currency and that will make it difficult for the government to control bitcoin. And the government will certainly feel objected to applying bitcoin as the currency of his country.

in my opinion, until now no one can predict with certainty the future of crypto currencies is only belief and if there is a new country having such a transaction a progress

yes it's true, but bitcoin is the king of virtual currencies that exist, maybe it's true that it won't replace paper money or real, but bitcoin will only be king in virtual currency

Bitcoin is allready is a currency because all over the world so many people are use bitcoin for payment.In this way who love and use bitcoin they are one state people and they have same rule. Bitcoin make world closer and easier.

It can be a currency of a state. As long as it will be made safer for its user. And not be controlled by only a group of people. And if a state will make bitcoin as a currency. I think the state should educate their people about it.

that's a bad idea. get together and make a country with a new order and use blockchain and bitcoin systems, is that what you mean? if true, which country will you work with. Will the country live alone? your mind is free, but not too far away. all of these countries are testing Blockchain technology to be implemented in country rules. so be patient. the most advanced technology countries have used blockchain technology for transactions. so we just wait for the others to finish testing and accepting bitcoin well. all will be accepted calmly.

There is high probability of bitcoin becoming an accepted crypto currency to be used for transaction of goods and services. The world needs time to accept, adapt and understand the main purpose and how bitcoin will transform the financial systems in the world. It will take some time for the world to fully understand this new technology.

in my opinion, it could happen, provided there are countries that want to make bitcoin a currency and replace their existing national currency, I think that is quite difficult to think about, not to mention creating a new country, just to justify bitcoin there are still many countries that have not.

State is not the only option
There are large economic institutions
Such as hedge funds and others
There are also large transnational corporations that have a say in determining global financial policy
These are closer to us than nations
Because those who govern these institutions are economists who understand our language, but those who govern states are politicians
They only care about the electoral vote.

I think its hard to make bitcoin become state currency. A state should need central banks to organize lending or monetary system. Bitcoin is decentralized system and it can not control by any institution. But bitcoin can be alternative currency and become global currency

The state is a combination of many principles and functions. One idea of cryptocurrency is not enough to create a full-fledged society. This idea is a modern utopia.

Just the other day I was listening to some debate where few experts said that Bitcoin can't be considered as currency because it's not issued by some central institution, like Central bank.
Never mind that theory but I don't think that some state will embrace Bitcoin as a national currency because in economical way this is not possible.
Also to my opinion Bitcoin is not designed to belong just to some state but to be freely used all around the world.

It's not a matter of course, Bitcoin will never be the main currency of any country. Because such a state simply does not survive, it will be dependent on people and corporations that make a difference on the market. Moreover, little is expected that Bitcoins will be very stable currency at a rapid pace,so a sharp fall in its course, such a state would simply perish.

I think this idea would foil the main purpose of Bitcoin as well as other cryptocurrencies. If Bitcoin is going to be a national currency on a particular state, then it will no longer be decentralized and it’ll be handled by the government.

Yes i think this is possible but there should be considerations, like bitcoin should be legally used by all countries in the world, because now there are countries that bitcoin is not welcome. This is merely possible but should be regulate in a good quality as a world currency.

The state is a combination of many principles and functions. One idea of cryptocurrency is not enough to create a full-fledged society. This idea is a modern utopia.

Maybe in the next few years there will be those who use bitcoin as the country's currency. Because every year bitcoin is increasingly developing and accepted by countries that they think benefit the economy for their own countries.

in my opinion bitcoin will not be able to become a currency in any country, because it does not have a clear identity. and bitcoin still depends on its users. it's very dependent, so it's not sure if bitcoin is a currency in a country

That is possible if bitcoin is known worldwide. Currently, bitcoin is famous in other country. It gives an income to us and because of that there's a tendency that bitcoin will use as currency in the future.

If there really exists a new country and the country uses Bitcoin as a legitimate currency. Surely that country will be known by the world. And the country will become a very popular tourist destination. And of course this will also have a positive impact on the development of Bitcoin, Bitcoin will be increasingly known by the Community.

If  ever a certain country uses btc more than it's local currency and apply a tax for it, maybe it could happen. Because a certain country cannot sustain it's integrity without funds, and taxes is where the government get the funds.

I think there is anything can be heppend in this crypto world,in which manner bitcoin is becoming famous and the way peoples is taking interest in it.Then that day is not too far,when the bitcoin will be everywhere and then this can be possible that the bitcoin is become a currency of any state,

I'm pretty sure Bitcoin will become a new state because most of are now interact with BTC and  They are too much interest in this field, Most of government engage with Bitcoin and It is really good for future

I think we shouldn't restrict bitcoin with rules

Bitcoins are not for anyone to control the price for them. Bitcoins are usually going to get around by much freedom and also i think that it is not that possible to make bitcoins as a currency of a new state.

That's right, that's the main reason why bitcoin cannot become as a currency even though bitcoin has a "crypto currency", but bitcoin was created for the freedom to transact more widely and does not require any third party or party to confirm the blockchain transaction. So I don't think we need to expect bitcoin to become a currency anymore, because in my opinion the adoption of bitcoin has also been very good to help grow the interest of many people in bitcoin.

Good joke but keep dreaming cause it's never going to happen that. Even if it would be possible there wouldn't be enough people to join together and move to a new place to live by new rules. Anyway this whole idea is too crazy and I can't even imagine how everything is going to be,how people are going to react to this, what rules are going to exist and who is going to live there. Still, I remain to my idea that this is something impossible.

It would be better if many countries in the world could accept and recognize Bitcoin as a legitimate currency, even though it is difficult for now. But it is not impossible if bitcoin can be accepted by a majority of countries. So there is no need for a new country.

I agree with you. It is easier to accept the country's cryptocurrency and introduce it into the existing economy.

This is quite possible. Because Bitcoin nowadays is a good option for purchasing products and services. This also makes someone have the option to purchase with ease. Even a kid can purchase his or her toys by just using bitcoin. This is such an improvement to our society since Bitcoin is so reliable.

a new country will create its country's currency and with the approval of the world bank, so that their country's currency is recognized globally, I am not sure that bitcoin was adopted by a new country to become the country's currency. they would prefer to create their own currency.

I think that bitcoin specifically is not ! Better to hold ICO and launch your own token to calculate within the country.

This is a very serious statement!)On the one hand, nothing can prevent the creation of a new state.To do this, you can even buy some kind of uninhabited island,they by the way are not as expensive as it seems.To gather the population of the holders of the cryptocurrency.Coordinate it all at the Federal level.Assign bitcoin as the main currency of the State.And manage all Affairs from anywhere in the world through your PC))) the Question as usual only in who will be the President and how long he will be given to exist the powers that be)))) for such cases, we need a very very serious connection)))))))))))))))))))))))))

if in my opinion, at the moment I still cannot become a new currency, especially now that my country has not passed the bitcoin currency, even though in some countries it has been ratified.

I think it won't take place for currency where mostly use it only for virtual purposes even govt won't support this as it will vanish fiat currency so bitcoin will stay like right situation.

All the new hopes and new innovations are connected with bitcoin and people think that bitcoin is the super hero which will solve every thing but in this world for every success behind a great hard work and talent is behind so in these days may we don't see that bitcoin outcomes but i am sure that bitcoin will become currency of the new state in the world and they will be the technology fathers they will use it for everything and through this it will become model for the rest of the world.

I think the State has very relevant thoughts, such as being anonymous without using ID as sender and recipient, giving a tremendous impact on the country, because it can cause criminals to freely use this action as an easy criminal. Maybe if there is an institution that oversees this transaction, it will be one good way to make the country think about this cryptocurrency.

It is obvious that they would not accpt Bitcoin as their fiat currency in theor country. Who would want to use a currency that can be manipulated by the whales, amd that also means that their economy will be controlled by that certain manipulator. Bitcoin will never be a curremcy of a state or a mew state, it will stay as an investment.

maybe it will be very difficult to happen because the total supply of bitcoin which is very limited makes the condition of bitcoin prices will never be stable and will be dangerous because it can harm some people.

I know you like Bitcoin and like the Cryptocurrency market. But I think your views should be realistic and logical. This is an idea but it will never happen to our world. Technology has the strengths of technology, it just makes our world better.

I do not think so that bitcoin will help to create an independent state (nation), just because exists. The current nations of the world have more than a word to say about what they want of bitcoin. If nations laws regulates bitcoin and do not ban it than we can have bitcoin has a reserve of wealth, or a coin, within states that aproved it.

Needless to say, the state can designate Bitcoin as the state currency, but how can this turn out for the state? Dependence on the market, which they can not regulate? Instability will never lead a country’s economy to prosperity. The best option can only be your own token that can be controlled.

In my opinion no since every currency has a stable price and btc doesn't so in my thinking maybe stable coins can be a states currency

Just don't think of it as a state. Bitcoin, I think the world money. Small accounts need not be done. We have to make better quality dreams. Bitcoin is larger than a state or institution.

I don't think there is a stable currency, we know that in the real world the benchmark currency, the dollar and the dollar, can also rise, as in the crypto world. there is no stable coin because each coin price can change at any time.

Over time Bitcoin will become one of the obligatory currencies in the world. But all that needs a process, nothing is instant.

Do you think that to create a new state does not need a territory? Very strange reasoning. In some countries, only for this can be held criminally liable for treason.
As for the possibility of using Bitcoin as the main currency of any, including the new state, this is generally not possible. Any state must have its own economy, and the economy must be connected and interact with national money. Bitcoin, like any decentralized cryptocurrency, can not have this interaction. In this case, it will exist by itself, and the economy itself. In the end, it will not lead to anything good.

if I think it's possible if there is a new country. but until now the country has its own currency bro. maybe the way one will happen. they accept bitcoin legally like their country's currency

That is what most people in the world of crypto are hoping for. Bitcoin can reach even greater heights when the level of acceptance increases around the world. I believe bitcoin would become the universal currency most of  us are expecting to happen.

i dont agree with this statement, i think it will very hard to make a new state with use bitcoin as the currency, you should ask permission for make a new state with the digital currency as the main currency

yes, you are right. it is impossible for bitcoin to become a new currency for a new country. Bitcoin is great in the digital world and not strong enough in the real world as a transaction tool. there is still a lot that must be fulfilled by bitcoin to become a country's currency. I strongly support bitcoin to become stronger in the digital world.

Even though bitcoin has huge potential and many countries now is seeing the opportunity of bitcoin, this  will never be a currency for certain states. It is principally created by a decentralized method, of course it will be the opposite the aims of crypto blockchain technology. In addition, there are a lots of problems that will raise if a particular country use Butcoin as the currency even this for nee state.

Bitcoin is still a nascent technology, but it hides the potential for a major breakthrough in the world's payment system. However, because it is a new technology, it will inevitably experience many challenges with increasing intensity.

Why not? If the state is united and share the same vision and perception about bitcoin or the cryptoworld as a whole, then it can be possible. It will lead to a cashless state governed by cryptocurrencies.

What is to stop us? Why do you think all those other old-fashioned states maintain armies of well trained soldiers? Just in case any neighbour or citizen thinks of something like you just have: of "creating a new State now".

I don't think that is possible because the very limited condition of the bitcoin supply makes the price of bitcoin very expensive and the demand for bitcoin becomes very high so it will not be suitable if bitcoin is used as a currency in a new country.

I don't know if this is possible so far no country has ever implemented total cryptocurrency in all their transactions but would love to see one in the future, I'm sure many cryptocurrency lovers would love to go here for a vacation or to see it's progress.

For me bitcoin can't be a real currency for a new state but it may be the second currency of one country. Maybe bitcoin is very right now but the value of it is too high for  a country make it their own currency. It is impossible for bitcoin to become a currency but it will be part of the system to help the real currency progress.

It is very difficult to make bitcoin a new country currency, I myself do not understand what you mean by the new country. But what I certainly know is that a country's currency must get recognition from every country that exists and must have a stable value, whereas I don't see this condition in bitcoin, and bitcoin doesn't have a real physical form. So for me bitcoin will not be possible to become the currency of a particular country or even become the currency of a new country.

In my opinion that Bitcoin cannot be a major currency, conventional currencies will still be the hallmark of every country and that cannot be avoided. Bitcoin for me is a second currency that has an important role in helping the circulation of the financial system in a country. Bitcoin will have a very big role and in the near future we will still depend on conventional currencies. It may take several more decades until later that Bitcoin can be used to the fullest and the digitalization era can occur in all sectors and all regions of the world.

We all wait for that to happen and I will agree if the digitalization era can be carried out as quickly as possible.

in this world nothing is impossible, we all know bitcoin will later become the official currency in a country, so we are still waiting for that to happen

LOL many countries now are using cryptocurrency as the same to their own currency so What about that many people are dreaming to have this one.what people wants is to their countries to accept cryptocurrency and adapt in blockchain technology,because many of us believe that this community is the future of the currency and our love ones.this is how we value bitcoin

I am sure it can, and I am sure that many people in the crypto worlds are waiting for this too. But it depends on the governments from each state because they are the regulators of that country and if they think that the crypto can bring a new way for the financial then they will approve cryptocurrency as a new currency, and maybe it will happen in the next years.

Everything can happen, bitcoin can completely become official currency in the country, but there should be common rules for the unification of countries

I think being a decentralized currency this can not get the support of the government to use this as our currency in exchange of fiat. We know that bitcoin has a volatile in nature and this is the reason why some government has not supporting this technology. Bitcoin has help a lot but it's not enough to beat fiat. Maybe in the future like 20 years from now if we have a good currency that fits to replace our fiat money.

why not make it a currency tool in the future and make it a country of all countries, lol
but I think it all takes time even I don't think also bitcoin will become a digital currency but I agree if it is used as digital gold because its value is quite expensive more than a currency

The idea is generally absurd. Creating a state without a territory and other attributes related to a territorial formation is impossible. Whatever you call it, it will be just a public organization operating in the territory of a certain state and subject to its laws. If such an education, which you are planning, will violate the laws of this country of residence, you may be subject to sanctions, including imprisonment.

The most acceptable option is to buy an island and already there to announce the creation of any kind of state.
Another option is to coordinate opportunities with Ilon Mask and create a state on the moon. This will already be interesting in that the cryptocurrency created there will be on the Moon.

It seems to me that in the next 10-20 years there will be such a state that will consider the national currency Bitcoin. well this is done or badly we can say only after the time has elapsed

Yes Personally, I think The Bitcoin can become as a currency in soon. However the future world is boned with the technology. So the crypto field has a great technology side. So the crypto field is very very important to the future world. However, I believe the Bitcoin can become as a currency in soon.

Bitcoin is a world currency in a digital format, making it impossible to become the official currency of a country. Because a country's currency must have its form, physically real. However, as a companion to the official currency, it could be because no one claims to own it.

in my opinion, I can allow it to be allowed by the government. If it is not permissible and not detrimental, then the use is very helpful for the country's finances and economy as well

I don't think that would be possible because you have to know that the price of bitcoin that is already very expensive and bitocin only has a supply of 21 million bits of bitcoin, so the price will not stabilize and will destroy the economy of the country that makes bitcoin its main money.

right your word is what I caught the idea as you say and it will become world money if bitcoin soars and develops in the real money world it will no longer be used because it has lost to current technology

Yes it become but cash money transaction still available for using of people, just few person who have technology for using bitcoin as currency at some country, many people still not understand about technology and hard for using bitcoin as currency.

I have think that bitcoin will make a new city in the world like silicon valley a new state or city where bitcoin will be use fully for every thing and there all things will be electronic many services will be through robotics and a full fledged comfort will be there, But at last it is my thought and may it will complete in my life so i will also go there and i will enjoy all this benefits there which will come true due to bitcoin.

These general phrases about building a state without a territory for walking Bitcoin cannot be used in practice. However, even if we assume that a separate state with its territory would be created, this state hardly existed for a long time. No economy of any state can operate on a decentralized cryptocurrency. There will be no relationship between cryptocurrency and the economy of this state; they will exist by themselves. Such a state cannot survive for a long time.

I think that is unlikely because each country has different conditions so it is difficult to agree on a common currency and more governments do not like bitcoin because it can threaten the interests of  government

Well, that is a great idea, to create a new state but to which area/ continent or part of the world will this new state be? How can this new state have control over a sporadic bitcoin? We dont even know which and which part of the world this bitcoin is scattered. To make a new state, possible for them to create their own cryptocurrency but to adopt what has already existed free and decentralized, i dont see the possibility.

21 million will be one hundred years later, for the first 10 years produced almost 18 million, and that's enough to one Satoshi was equal to 1 us dollar.

Legalization of the crypt carries a temporary negative, which only in the short term will have a negative impact. But in the long run, it is legalization that will contribute to the greatest distribution of the crypt among all segments of the population.

which government would agree to use the mean of payment they can't control? money is a tool for controlling country and noone wants to lose it.

Yeah, that's unlikely. Still, bitcoin is not yet ready for adoption. The price is unstable, which can create problems for its use. I think that in the future all countries will probably use bitcoin on a global level. It will be very convenient for them.

I have already met a project that wanted to create a new crypto state. There you can even order a passport of a citizen of such a state. But as far as I know this project was not successful. Therefore, to make bitcoin the currency of the new state is likely to be impossible. At least not yet.

Make a new state is not easy but need many factor supported. Bitcoin can not be a national currency in any country because its decentralized system and every country have their own regulation about currency

This is too unreal assumption. You will not be allowed here so to take and create their own state. It's complicated. And bitcoin is too young, it can not be a full-fledged currency at this stage of its development.

it will never happen, Bitcoin will continue to be a decentralized coin, this can't be changed, and I'm not sure there will be a country that will make Bitcoin their country's currency. I say this because at the moment each country already has their own currency, and other currencies besides their currency are just additions.

I think it is impossible because fiat currency is already traditionally used as the most trusted monetary system that in fact without fiat Bitcoin currency will not exist or what if fiat currency will not recognize Bitcoin? Do you think Bitcoin will still has the value for actual spending? For me, Bitcoin is very good as investment so that we could earn a lot of fiat for our direct spending.

I think The Bitcoin can become as a currency in soon.However, as a companion to the official currency, it could be because no one claims to own it. so the price will not stabilize and will destroy the economy of the country that makes bitcoin its main money.

yes for me in the near future bitcoin will be a new currency of a new state. because of its usefulness and genuinity. Mos t of the people now believe and understand bitcoin.

With bitcoin many things in the world has changed and it is the currency of the new state and i hope that if we assume a state in Europe where all people could use crypto and they can use it for transactions so that would be the model for us and in that we will see the disadvantages of crypto like in these the whole world is using bitcoin and they are satisfied.

Bitcoin is used more and more in time to lead to the knowledge of people for bitcoin, but bitcoin can hardly become a currency in one country due to its instability and not security. People will think that some kind of fraud and plagiarism are, but the risk of losing their wealth in bitcoin is also high.

Yes, Bitcoin can become the currency for a new state but that will not be good for that country. A freedom country should've their own currency! Bitcoin is not for any specific country, it is a digital universal currency so I think a new country's people also can use it as an optional currency, no need to make its primary currency.

I think it is impossible if there is a new country and uses bitcoin as its currency, we know that developed countries alone are less able to control bitcoin especially with new countries. of course if you want bitcoin to be used as its currency then the country must be prepared to accept the risks and be able to control and regulate it so that it is truly safe and reliable for its people.

maybe. but in that country must permanently set the value of bitcoin and not depend on the amount of supply and demand. so the value of bitcoin will not change as in the trading market. so that bitcoin has a clear value and can be used to transact in that country or transact with other countries.

I can say that 90%-no and 10% -yes. Bitcoin can't be the currency of a single state. It is decentralized therefore must be used everywhere. Every state which now exists  or new state will have its own crypto currency inside the country

If you mean a digital state - then in principle nothing prevents.Let's say I know 2 of the draft who want to create something similar.It's Decenturion and Bitnation.In principle, I like their idea and I am sure that something like this is waiting for all of humanity.While people are not ready for this kind of state, but this is a real future.

Personally I find it difficult for bitcoin to become a national currency of any country for the simple fact that it will be difficult for a government to accept being governed by a decentralized currency and not being able to interfere with its issuance when it is in need of additional money.

it could happen, we don't know how the future goes, human growth, economy, and technology no one can predict. I believe in the future there will be a country that makes Bitcoin a currency in their country, for various reasons and purposes, be an open mind because the world is very broad and many surprises  ;D

if in my opinion it is very possible bro. so in the world there is a new country. then make bitcoin their main currency.

I think any digital currency has the potential of being used in a state, country or the world. The technology is capable of it, it’s just a matter of governments, institutions, organizations and societies accepting it as their new currency.

the country's government is more likely to issue its controlled currency than it will use bitcoin. bitcoin has a global character and is likely to be recognized by many States as a blockchain that allows to organize interstate accounting and control of mutual settlements between States.

to create a new country requires a lot of supporting facilities, indeed one of them is money but for this problem bitcoin cannot yet be used as a tool for all types of trade so it is impossible to create a new country with a bitcoin currency, but to create a business community that all uses currency bitcoin might be possible because the owners of bitcoin are scattered in various countries so it's difficult to unite them into one country but if you combine them into an international business that all uses bitcoin is very possible ..

I think that can't be done, because basically bitcoin isn't made in physical form. besides, bitcoin is also universal. well, but bitcoin can be used to help the economy of a country, as is currently done by some countries that have economic problems.

Just like Bitcoin is establishing itself as a new currency in full swing. It looks from him In the future, Badad can become a new state of Bitcoin. But this will not happen until the price of Bitcoin gets more stable than today.

Yes, because bitcoin has a value that is not stable, in just one hour the value of bitcoin can change. That is why the existing government still uses the old order which is valid and the value of their currency does not change. Receiving bitcoin is not as easy as turning the palm of the hand in the government's performance to be applied to the community.

I think of you, it's unlikely that bitcoin will become the new country's currency. Basically, the use of bitcoin as a currency does require continuous research. and certainly requires careful consideration

I think bitcoin need more maturity and time to grow. Once the bitcoin price is stable and everyone is comfortable to accept bitcoin as a payment method only then is the time when we can see bitcoin really becoming the main stream currency.
That would be the time when we will say that bitcoin is the one world currency.

I do not believe so that bitcoin would be the currency of a State for various reasons.
First, cryptocurrencies are regarded by most countries as 'unstable' due to its high volatility in the market. Without having any material or tangible form, relying on digital data or gold seems doubtful for most countries. Unlike GOLD which is tangible and has an innate value due to its natural form, bitcoin has neither.
Second, a country will only shift to a digitalized form of currency if other countries would accept transactions coming out from it. If most countries deny its existence by implementing rules that are prejudicial, then who would adapt it as their currency?
Lastly, some underdeveloped and developing countries have limited access to the internet, which makes it difficult for access to cryptocurrencies (as they exist in the internet!).

Although it may seem impossible for a country to make cryptocurrency as its means of exchange, maybe in the future once technology will embrace change on this aspect then expect bitcoin to be there at the top.

I guess bitcoin will become currency at a new state and it is possible to happen. It is a choice and the right for a state to adopt bitcoin to become their currency but the people of the state should all knew about bitcoin.

I think its impossible to use bitcoin as fiat currency because it goes with lots of risk and also operates in a decentralized system. Many fiat currencies price are very stable why bitcoin is unstable and unpredictable. I believed for bitcoin to be used as fiat by any state or country it must operate in a centralized system which is very impossible.

bitcoin is so good that now it allows you to create additional applications to your blockchain to use fast small payments for goods and services.bitcoin will be used for payment.

If bitcoins are becoming more and more popular and widely used in the world, then it is possible

The key is what makes a country or state. It's faith. No matter country, religoin or myth, all the existing organizations is based on the same faith. If you want to create a new state, you need let people believe in the same story system and hold the same faith. 

No matter how good Bitcoin is when it comes to payment system, I still do not believe that it will become a new state since Bitcoin is being adopted by the government thus, preventing it to create a separate state or faction of people who believe in it.  So that's it I think, the government adoption and regulation is the key why there will be no new state created for Bitcoin.

To become a new country's currency is very difficult because it requires requirements that support bitcoin can be used. First, there must be a fast and stable internet network, both levels of education must be adequate, bitcoin must be available in unlimited quantities. All three factors must be fulfilled, without that factor cannot be used.

Freedom is a very general term. But if you think of freedom from state, it will not happen. They will make rules that will in favor with the state. The good thing that happened right now is that you already have alternative aside from fiat that continues to inflate.

all that is possible. because we can also see that the longer each country is growing. so anything we don't expect can happen by itself. so we just believe that everything will work. because in this world no one can't.

I believe it is possible for a cryptocurrency to become the currency of a virtual world. But whether that currency would be Bitcoin or not, I don't know. What state(s) do you think Bitcoin could become currency of?

This could definitely happen in the short term in broken countries like Venezuela. The appeal of cryptocurrency in a sick country such as Venezuela is obvious, it takes away the need to trust the government and the banks, and puts some control in the hands of people living in a place of chaos

Bitcoin is very good and it can expected now the future currency and it will make a new state where only crypto users can survive but for this a strong technology and the interested noted then it will be possible it is impossible to say that it will be real but may be in future it will real and bitcoin will make things much better and good but now some changeless it has to face.

I think it’s a good idea because Bitcoin needs a hospitable environment to develop. It also needs governments, developers, users to collaborate. The integrative approach will allow examining the issues of Bitcoin and finding the best solutions through discussion. Successful experience of just one country will encourage others to adopt this practice and make Bitcoin popular.

in my opinion bitcoin will not be able to become a currency in any country, because it does not have a clear identity. and bitcoin still depends on its users. it's very dependent

The desire for current states to keep the "old world order" around will become much more clear in the future. For now they don't quite know what to make of bitcoin, don't take it seriously, are flexing their muscles to see if they can control it or are hoping they can find a way to profit off it. However, be ready for there to be plenty of backlash once governments realize that their real ability to control crypto currencies as a whole is very limited. (Some creative and enterprising people may solve some of the main issues that allow government interference with a currency or even bitcoin itself in the future).

Creating a new state has the same issues; no one takes said state seriously or attempts to control it until they realize that it's something that can indeed become relevant. As such neither should be approached with haphazardness; if people are going to create a state they must solve the problems - regardless if Bitcoin or another crypto currency is their currency or not. Same is true with bitcoin and crypto in general. There's problems we must solve, such as adoption, ease of use, etc.

To pull both off those who do it gonna have to think completely outside the box and be dedicated. Can both be done? Yes. I believe so.

I'm gonna be one of the few that's gonna try to pull some of this off eventually; once I learn more so I guess we'll see how it goes.... :).

I think it might be possible to apply it to a new country, with the country's records being prepared to become a modern country, where everything is digital. So between the government, society and infrastructure is adequate, in the sense of being a smart country.

Without a certain territory, a state cannot be created. You will always be within the borders of any state, and the promotion of the creation of a new state can be regarded by law enforcement agencies as a violation of the national legislation of the host country. Therefore, in order to fulfill your dream, it is best to buy an island and build your own state there.

Bitcoin will be difficult to become the currency of a country, because the price is unstable and is decentralized, while a country needs a stable currency so the economy can run well and the government can run regularly. For me, bitcoin should remain like what is currently available, so that it is not controlled and always gets the trust of many people around the world and is able to give goodness to all of us in crypto currency.

Bitcoin is too unstable to become a country/state currency, meanwhile a country's currency also need to have some characteristics that bitcoin does not have for examples: It has to be stable, its value will be regulated and determined buy the government and the economic state of the country, all these features are not available in bitcoin which is why it will be far more impossible for it be a country/state currency.

Bitcoin is a digital currency and not like a currency commonly used in several countries. Most people prioritize cash rather than digital and also bitcoin is very risky if used massively in a country because its use is free and lack of regulation.

new country will certainly make their own local currency, they will not use foreign currency, moreover bitcoin id decentralized, of course the government doesn't want it, maybe even worst as the rate of currency destroyed from that country, changing their currency is not an option

Agree on what mornabo said . every country has already have its own local currency or signature currency rather to represent thier own country  . that can only be one but still bitcoin and cryptos can still be useable by any countries as long as it isnt restricted because cryptos are for everyone since it is online  .


we do use local corrency unit as measurement in order for us to determine the price of btc and any other cryptos  and its impossible to use btc or to know what the current value of it , if we dont use other currency  .