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Bitcoin just became the national currency of the tiny island Pontinha
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Will This Affect The Price?
YES
5 (16.7%)
NO
25 (83.3%)
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Topic: Bitcoin just became the national currency of the tiny island Pontinha (Read 1823 times)
rekinthis
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Re: Bitcoin just became the national currency of the tiny island Pontinha
March 17, 2016, 07:23:31 PM
#21
Quote from: Beraturker on December 16, 2015, 12:28:57 AM
A self-proclaimed country off the coast of Portugal. making it “the first country in the world” to make bitcoin its official currency, as its prime minister Joby Weeks announced.
It was bought by Renato Barros in 2007.. He is living there with his family..
http://www.theguardian.com/lifeandstyle/2014/nov/14/experience-i-founded-my-own-country?CMP=fb_gu
https://letstalkbitcoin.com/blog/post/disruptekinfo-prime-minister-of-pontinha-discusses-naming-bitcoin-as-official-currency
http://www.cityam.com/230848/bitcoin-just-became-the-national-currency-of-atlantis-really
https://www.cryptocoinsnews.com/micronation-adopts-bitcoin-official-currency/
http://www.newsbtc.com/2015/12/13/bitcoin-atlantis-currency
well population is tiny i guess there, up to 10 peoples but it's still a good thing for bitcoin, it won't change price but it's okay
also would be funny to see what would happen/how they would react to fact that bitcoin would die, they would change currency to euro like Portugal? or maybe their own currency
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onlinedragon
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Re: Bitcoin just became the national currency of the tiny island Pontinha
March 17, 2016, 07:27:24 PM
#22
Revolutionary to claim to be the first country who will use Bitcoin as national currency. Maybe the first and last one who dare to do this.
RodeoX
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Re: Bitcoin just became the national currency of the tiny island Pontinha
March 18, 2016, 04:30:19 PM
#23
The answer is no because this place is not a country at all. And like 5 people live there.
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tn211
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Re: Bitcoin just became the national currency of the tiny island Pontinha
March 18, 2016, 10:44:32 PM
#24
Quote from: RodeoX on March 18, 2016, 04:30:19 PM
The answer is no because this place is not a country at all. And like 5 people live there.
Why so negative. It's a start. From here the price is likely to go up. And bitcoin can get some traction. In the end it makes bitcoin more reliable to some countries since others were before them...
Remember people.. baby steps..
RyNinDaCleM
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Re: Bitcoin just became the national currency of the tiny island Pontinha
March 18, 2016, 11:05:36 PM
#25
This is retarded
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pedrog
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Re: Bitcoin just became the national currency of the tiny island Pontinha
March 19, 2016, 12:59:04 AM
#26
Quote from: tn211 on March 18, 2016, 10:44:32 PM
Quote from: RodeoX on March 18, 2016, 04:30:19 PM
The answer is no because this place is not a country at all. And like 5 people live there.
Why so negative. It's a start. From here the price is likely to go up. And bitcoin can get some traction. In the end it makes bitcoin more reliable to some countries since others were before them...
Remember people.. baby steps..
No one lives there.
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alyssa85
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Re: Bitcoin just became the national currency of the tiny island Pontinha
March 19, 2016, 01:10:41 AM
#27
I was excited for a minute when I clicked the link, till I realised it was just a small family adopting BTC
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Hirose UK
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Re: Bitcoin just became the national currency of the tiny island Pontinha
March 19, 2016, 01:47:43 AM
#28
wow that's awesome! never thought a small island like that have guts to set bitcoin as its official currency while big countries are still thinking to make it legal or not.
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keystroke
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Re: Bitcoin just became the national currency of the tiny island Pontinha
March 19, 2016, 04:34:25 AM
#29
And so it begins!
"The difference between a castle and a prison is only a question of who holds the keys."
iram66680
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Re: Bitcoin just became the national currency of the tiny island Pontinha
March 19, 2016, 04:43:40 AM
#30
I know this is old news as I heard it about it late last year. But with other countries banning it or calling it terrorist money, then this is welcomed news. Since it has been more than 4 months, what has changed. I heard they are putting up a new flag to show their dedication to the coin.
Coin
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nostal02
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Re: Bitcoin just became the national currency of the tiny island Pontinha
March 19, 2016, 04:55:37 AM
#31
At least thats a first move to see even a tiny island is using bitcoin as its main currency,im sure that 3rd world country should also start using this so that dollars cant manipulate their industry and currency.
randy8777
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Re: Bitcoin just became the national currency of the tiny island Pontinha
March 19, 2016, 05:00:18 AM
#32
i don't understand why some people get excited about this. just a few people live on that island. it doesn't do anything for bitcoin.
pedrog
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Re: Bitcoin just became the national currency of the tiny island Pontinha
March 19, 2016, 10:10:03 PM
#33
Ok, gonna post this again:
No one lives there, not a country, not an island, just a building:
Quote from: pedrog on December 04, 2014, 10:17:08 PM
He is a funny guy, one can even say he is a joke.
He bought a building in 2000 that has a particular history in Portugal because it was sold by the king of Portugal when the country was broke in 1903.
He clearly likes monarchy and likes people to call him "Your Majesty".
Here's the building:
https://www.google.pt/maps/place/Funchal/@32.64118,-16.9180759,142m/data=!3m1!1e3!4m2!3m1!1s0xc605fc3501f8bab:0xffd84d2c15cda139!6m1!1e1
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