Which will be the first country who will accept bitcoin ?

[kenbytes]

witch country do you thing will be the first who will accept bitcoin official money as payment?

[jeffthebaker]

Australia has already ruled Bitcoin as a currency. Honduras is using blockchain technology as a land claim registry. China (I think) was/still is using Bitcoin as an investment. In Liberland, Bitcoin might even be the official currency. Bitcoin is seeing usage from governments already.

[Pab]

Australia has already ruled Bitcoin as a currency. Honduras is using blockchain technology as a land claim registry. China (I think) was/still is using Bitcoin as an investment. In Liberland, Bitcoin might even be the official currency. Bitcoin is seeing usage from governments already.

Now it is only Liberland i think,first step has been done for btc to be a money in EU,but European Comission is very slow in legislation.Finally it will come.I dont know it will be positive or negative,if will be accepted like a money exchanges will have to get very costly financial licences,but btc will be recognised like a legal currency

[kenbytes]

i am verry positive that europe or usa will accept bitcoin soon ...because it is unavoidable ..so many people start to using it every day ..

[gentlemand]

Utah and New Hampshire are starting to explore the idea of accepting BTC for state taxes. Ultimately though it'll be converted to USD so it won't be much different than paying by a debit card. All the same it's a pretty berserk thought for those who've been around since the earliest days.

[dreey]

i hope it will be germany !!

[slaveforanunnak1]

i hope it will be germany !!

It won't!

[Carlton Banks]

My prediction: the concept of a "country" will be obsolete by the time bitcoin gains majority acceptance in any of the regions that were once considered as such.

[kenbytes]

i think bitcoin will be a global curency

[kenbytes]

My prediction: the concept of a "country" will be obsolete by the time bitcoin gains majority acceptance in any of the regions that were once considered as such.

My prediction is the concept of a country will never be obsolete, it is something that has withstood the test of time and isn't just going to vanish anytime soon.

i hope so ...

[Carlton Banks]

My prediction: the concept of a "country" will be obsolete by the time bitcoin gains majority acceptance in any of the regions that were once considered as such.

My prediction is the concept of a country will never be obsolete, it is something that has withstood the test of time and isn't just going to vanish anytime soon.

What, even including the entire epochs in the past when the concept of a country did not exist? You know, the vast majority of time itself? Word for the day everybody: solipsist

[GODLIKE]

witch country do you thing will be the first who will accept bitcoin official money as payment?

As you can see in this scheme (sheet 2), the highest density of venues accepting Bitcoin are in Tampa and Kansas City, both USA.
In general, USA also has the highest number of users and venues on all territory.
Despite intuition, poor countries are not the first users that will gain access.
Poor countries have problems in buying a smartphone or a pc.
Other factors are more important, like tech savvy percent of population in example (that's why US is on top, together with Europe and other country with good income and instruction).
But I think that there will not be a real "first nation" adopting Bitcoin.
It will be a slow and steady adoption together in USA and Europe first probably, and following other countries like Argentina, Brasil, Mexico, countries that are not too poor but not rich either, and that have problems with their currency. The ones that are at high inflation but where population CAN actually buy a pc or a smartphone without collapsing.
A good case to examine is Greece: it's in Europe, it's not too poor, but despite this Bitcoin adoption in there is very very low. I think this is due exactly to poor pc penetration in the country: people are afraid of this "computer money" they can't understand, so they need more bashing before go and learn what Bitcoin really is.

[Coinshot]

It's funny to see hopes and dreams here, of people dreaming about large countries with strong economy accepting bitcoin. The truth couldn't be more different,
because the first countries that will embrace bitcoin (if there even is to be ones) will be the most troublesome ones, the ones that failed with fiat.

I believe that we shouldn't even focus on countries, but rather at individuals, because countries drag along a trail of rules and obstacles with them, individuals do not,
and that is the true power of decentralization, and bitcoin with it at it's core.

[lolxxxx]

China will not use Bitcoin as a currency - Write it down..

[maokoto]

I think USA. Is much more popular there, and has more potential to be used massively.

[Mickeyb]

Well the truth is that no country needs to accept Bitcoin for Bitcoin to succeed. All that they need to do is not ban it. Bitcoin doesn't need to become national currency, Bitcoin only needs to be a currency on the Internet.

As Andreas Antonopoulos has said, Internet finally has its currency, some 20 years later and together, Internet and Bitcoin are unstoppable. Internet is the only country that Bitcoin needs in my opinion.

[unamis76]

I hope no country accepts Bitcoin as an official currency. Countries and government better stay put and avoid talking about, having opinions about or even trying to regulate something that can't be regulated... They shouldn't say yes or no to Bitcoin. They should say nothing at all...

My prediction: the concept of a "country" will be obsolete by the time bitcoin gains majority acceptance in any of the regions that were once considered as such.

That is a nice theory/concept

Well the truth is that no country needs to accept Bitcoin for Bitcoin to succeed. All that they need to do is not ban it. Bitcoin doesn't need to become national currency, Bitcoin only needs to be a currency on the Internet.

As Andreas Antonopoulos has said, Internet finally has its currency, some 20 years later and together, Internet and Bitcoin are unstoppable. Internet is the only country that Bitcoin needs in my opinion.

Couldn't have said it better

[Carlton Banks]

Well the truth is that no country needs to accept Bitcoin for Bitcoin to succeed. All that they need to do is not ban it.

How incredibly convenient that banning it would be so incredibly ineffective. 

[deadlock1]

witch country do you thing will be the first who will accept bitcoin official money as payment?

Maybe Austria? (no, it's NOT the country with the kangaroos).

Because ist has the most bitcoin selling offices per 1000 inhabitants.

Watch here

 

[Mickeyb]

Well the truth is that no country needs to accept Bitcoin for Bitcoin to succeed. All that they need to do is not ban it.

How incredibly convenient that banning it would be so incredibly ineffective. 

I completely agree, they can't ban us, just like they can't ban the Internet, especially in the long run. But it would still cause us many unpleasant things in the short run. Confidence, price, everything would plummet. So the best is that they leave us alone. They don't need to accept us as currency but please don't ban us either!