Do you think bitcoin will used as National Currency on 2026?

[Jemzx00]

I'm thinking since bitcoin is very used as a official currency on internet but still not used by many people since its popularity is still not that high.. What if on year 2026 is a the year where bitcoin is known by most people .. Do you think bitcoin will be used as a National currency on that year just like money that we used right now ??

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[jkrules]

We don't know whether it will survive that long or not, and even if it does it will never be used as a national currency, bitcoin will always used as a secondary currency and not as a primary.

[Lauda]

You'd have to refine your question. Bitcoin is already a national currency. Pontinha recognized it as a national currency back in 2015 (they're very small, located off the shore of Portugal). I don't think that some big country would declare Bitcoin as their national currency and especially not in 2016. The price is not stable enough to act as such.

[European Central Bank]

What is the definition of national currency? Used by a national population or directly handled by the government? If it's the last one then I'm voting for never, ever ever.

[pneumatic5]

Bitcoin can never become a national currency, and if it does then the government will come into action which will start having control over it and introducing their own rules and regulations.

[Meuh6879]

local currency = yes.

national curency = no, too much corrupted politics (look argentina, people die ... but they don't change currency to reset).

[vuduchyld]

You'd have to refine your question. Bitcoin is already a national currency. Pontinha recognized it as a national currency back in 2015 (they're very small, located off the shore of Portugal). I don't think that some big country would declare Bitcoin as their national currency and especially not in 2016. The price is not stable enough to act as such.

Uh...it's the "national" currency of 4 people, literally.  The article said specifically, "There are four citizens: me, my wife, my son and my daughter."  It's no more legit as a "national" currency that those Posse Comitatus-type folks common in the US who mount a bunch of "no trespassing" signs (usually worn-out tires) on fenceposts around two acres of river-bottom land and declare it to the The Republic of John Q. Smith. 

To answer the original question, no, I don't think so, because it can't be controlled in the way that governments manipulate their currencies.  For example, they can't determine for themselves how much is in circulation, can't print more to devalue it, etc...

[Chef Ramsay]

Paul Rosenberg of CryptoHippie was just Operation Freedom (w/ Dr. Dave Janda) today, which is a major talk show in the Ann Arbor area that is also listened to worldwide. If you check his bio, he's a cyber security expert who formerly worked for NASA and other military contractors for the aforementioned topic. Anyways, his CH is one of those VPNs that blocks NSA spying on your shit and he's a frequent guest on the show mentioned above. His final spiel about the banking situations developing around the world is for people to possess gold, silver and yes, Bitcoin. This targeted audience is the precious metals type, so to hear them getting a dose of Bitcoin being a source of value equivalent to their metals was very powerful. Increasingly, Bitcoin is being seen and heard of as a strong go-to haven for economic turmoil that we would have thought unheard of in years past.

[MatTheCat]

I'm thinking since bitcoin is very used as a official currency on internet but still not used by many people since its popularity is still not that high.. What if on year 2026 is a the year where bitcoin is known by most people .. Do you think bitcoin will be used as a National currency on that year just like money that we used right now ??

'Official Currency'?

Don't think so....only thing that concerns me with Bitcoin is it's value in £s, €s, $s, etc.

And actually, I hesitate to use for anything except drugs, cos the value fluctuates so wildly and it is generally just a pain the arse to use Vs electronic banking.

[kacak41]

Let bitcoin be a digital currency and lets not complicate it more, as being a digital currency it is taking care of us, we want that bitcoin should become a stronger currency in future.

[1Referee]

I am already happy if Bitcoin is one of the major digital currencies as far as online payments go. Debit cards will most likely remain the nr1 option for online purchases. They are too far ahead of all payment options/services. I am quite sure that Bitcoin can overtake PayPal in terms of total transferred value within 5 years. That will be a massive blow in the face of PayPal & Co.

[bit1]

With a lot of devices running transactions everything is possible but surely other cryptocurrencies  will be serving too, But I can not really describe their status as National or something different. But yes as a value instrument.

[Bit_Happy]

Paul Rosenberg of CryptoHippie was just Operation Freedom (w/ Dr. Dave Janda) today, which is a major talk show in the Ann Arbor area that is also listened to worldwide. If you check his bio, he's a cyber security expert who formerly worked for NASA and other military contractors for the aforementioned topic. Anyways, his CH is one of those VPNs that blocks NSA spying on your shit and he's a frequent guest on the show mentioned above. His final spiel about the banking situations developing around the world is for people to possess gold, silver and yes, Bitcoin. This targeted audience is the precious metals type, so to hear them getting a dose of Bitcoin being a source of value equivalent to their metals was very powerful. Increasingly, Bitcoin is being seen and heard of as a strong go-to haven for economic turmoil that we would have thought unheard of in years past.

This is huge if the trend continues. Really glad to hear that targeted audience is hearing positives about Bitcoin.

[romero121]

Thats not gonna happen. There are possibilities for it when the technology is modified in such a way that it can't be used for illegal activities. Once such thing happens more possibilities for it to become a local currency.

[Shiver]

I believe Liberland have declared it their official currency, although it is a new and tiny country (just a few square miles), with only about 300,000 people applying for residence there.  That's small for a country, but a nice addition of new users since it would require adoption by all.

[pooya87]

I'm thinking since bitcoin is very used as a official currency on internet but still not used by many people since its popularity is still not that high.. What if on year 2026 is a the year where bitcoin is known by most people .. Do you think bitcoin will be used as a National currency on that year just like money that we used right now ??

i think anything is possible, it is hard to speculate that far into the future. we might even be using another form of currency as cash.
but i don't think any nation or or better say government would like losing control of money, also banks don't like becoming obsolete so bitcoin becoming a national currency just seems impossible to me.

[NorrisK]

As long as the regular fiat currencies are atleast somewhat stable there will be no switch.

It is just too much work to change the currency of a country. With the introduction of the euro for example, there were countless campaigns, free euro handouts (1 of each coin), massive roll over period where you could turn in your old currency for euro, etc, etc. It is just one massively expensive operation to perform, especially if there is no real reason.

Changing to bitcoin, something that has never been tested before, with a whole country is just insane. Some small micro economies might start using it though, but they have been around with alternative methods already.

[btcxyzzz]

Some fiat 3.0 shit. You didn't expect the real money was in charge? Only after WWIII, maybe.

[master sato]

I'm thinking since bitcoin is very used as a official currency on internet but still not used by many people since its popularity is still not that high..

There is nothing like official currency online and NO its not only because of the popularity but also because of the precautions one has to take to use it properly.People simply use the fiat and do their stuff cause not everyone cares about the anonymity or their privacy.

I don't think that some big country would declare Bitcoin as their national currency and especially not in 2016.

You sure he didn't said 2026 ?

What if on year 2026 is a the year where bitcoin is known by most people ..

[findftp]

No, not for a country alone.
It will be globally.

See www.hyperbitcoinization.com

And 2023 is possible.

[Amph]

i doubt this will be the case for any advanced nation, maybe for those poor nation like zimbabwe or nation with corrupted government

or nation that are a joke like liberland, for all the strong one it will be almost impossible to expect it

[enhu]

You'd have to refine your question. Bitcoin is already a national currency. Pontinha recognized it as a national currency back in 2015 (they're very small, located off the shore of Portugal). I don't think that some big country would declare Bitcoin as their national currency and especially not in 2016. The price is not stable enough to act as such.

I wonder how it went in Pontinha and how are the banks located in that place.

2026 may be different from what it is now and if government sees what good can bitcoin do. And since bitcoin can be traced, this will probably help corruption in the government. Bitcoin may not be national currency for each country but probably chose any altcoin.

[QuintLeo]

Probability ZERO for any country (you didn't mention WHICH nation, but it really doesn't matter).

 Nations like to have control over issuing their currency, after all - the EU is an abberation.

[MaritiJames3]

i doubt this will be the case for any advanced nation, maybe for those poor nation like zimbabwe or nation with corrupted government

or nation that are a joke like liberland, for all the strong one it will be almost impossible to expect it

Its possible for sure, everything is gonna be digital in the future plus the bitcoin has this already so it would be pretty stupid to not use it. I'm thinking that there will be a global digital currency but not with the bitcoin but it an other digital currency in the later days.

[Elwar]

It will be an official national currency, but not in a nation that currently exists.

[MaritiJames3]

It will be an official national currency, but not in a nation that currently exists.

I disagree, It will be a national currency by that year, but its also pretty unpredictable because maybe the bitcoin will not exist anymore, the digital currency is the future. I'm thinking that there will be a another currency by that time that will take over the world.

[SFR10]

I doubt, even by that year (2026) to claim a label "National Currency" since the government itself, won't let this to happen as much as we like to. However I do believe that it will be replacing US Dollar in terms of most exchange currency in most countries and that would be good enough.

[Lauda]

You'd have to refine your question. Bitcoin is already a national currency. Pontinha recognized it as a national currency back in 2015 (they're very small, located off the shore of Portugal). I don't think that some big country would declare Bitcoin as their national currency and especially not in 2016. The price is not stable enough to act as such.

I wonder how it went in Pontinha and how are the banks located in that place.

Why are you posting when you didn't even read the article that was linked?

Pontinha: There are four citizens: me, my wife, my son and my daughter

There are no banks.

I doubt, even by that year (2026) to claim a label "National Currency" since the government itself, won't let this to happen as much as we like to. However I do believe that it will be replacing US Dollar in terms of most exchange currency in most countries and that would be good enough.

If it gains more stability then why not. It would certainly perform much better than certain currencies. As an example go look up the exchange rate of the Venezuelan bolívar.

[randy8777]

It will be an official national currency, but not in a nation that currently exists.

do you expect a new nation to pop up within let's say 20 years? i don't think so. maybe there will be a small island with around 1000 citizens where they change to bitcoin as currency, but not more than that.

[Redrose]

Frankly, I don't see this as impossible. A little touristic archipelago could do it to boost his touristic attract, and it will surely work.

[BruceLee007]

no, it maybe alternative, but not main national currency globaly, people wont change euros or$ for them

[QuintLeo]

I see it as impossible, as no country is going to adopt a currency they have essentially ZERO control over.

 I see it as very faintly possible that some country will adopt a digital currency, and it even might be based loosely on Bitcoin technology, but it will NOT be Bitcoin.

[Funny]

Bitcoin cannot be owned by a nation, so it's impossible for it to become a national currency. But wider adoption and use? Definitely yes.

[gregyoung14]

Bitcoin cannot be owned by a nation, so it's impossible for it to become a national currency. But wider adoption and use? Definitely yes.

Yep yep. Basically it's a neutral currency. But then again, 2026. That is 10 years from where we are now.. Who can really tell?

[RariBest]

no i don't think that one of the big nation on the world will adopt bitcoin as national currency, bitcoin for the moment need fiat to be alive

[Denker]

Well not officially I would say. But I could imagine a development where Bitcoin acts like a second currency just by being tolerated because a government in an african or south american country for instance knows they can not really ban it.
Something similar to M-Pesa in Kenya.

[Elwar]

It will be an official national currency, but not in a nation that currently exists.

do you expect a new nation to pop up within let's say 20 years? i don't think so. maybe there will be a small island with around 1000 citizens where they change to bitcoin as currency, but not more than that.

A nation is a nation. There was no specification on size.

[--Encrypted--]

probably. but only by very small nations like described above. by 2026 a lot more people will use bitcoin and some big nations will most likely try to find a way to regain control of their citizens' money.

[Dekker3D]

But the bitcoin price is highly volatile at times so it will be hard for everyone to use bitcoin as a national currency.

[Elwar]

But the bitcoin price is highly volatile at times so it will be hard for everyone to use bitcoin as a national currency.

The volatility has decreased dramatically in the past few years to the point that several nations have higher volatility.

I suspect that by 2026 Bitcoin will be one of the most stable currencies in the world.

[trickshot22]

i don't thin kthat it will be national currency,  unless there will be country named bitcoinland or so, but  it may be alternative payment

[MF Doom]

no, definitely not btc.  BUT it does appear some countries are working towards some form of digital currency (china's central bank is "studying" this).  This will allow them to tax people more easily, as there will be "no place to hide" your money

[hasiramasenju]

actually i was never thinking such that and i think it would never happen and difficult to be realized because bitcoin is fully anonymous and very difficult to control bitcoin users and i guess government will think twice to admit bitcoin as national currency

[sishendaoye]

no, definitely not btc.  BUT it does appear some countries are working towards some form of digital currency (china's central bank is "studying" this).  This will allow them to tax people more easily, as there will be "no place to hide" your money

Indeed, I will not see this happen at all its just not possible with the bitcoin, the most banks hate the bitcoin.
The only like the system, I think by that time there will be another global currency created.

[hawkins]

if it had been in 2026, maybe it could have been, the case. many reports that bitcoin is a good thing. it might be a glance bitcoin community to have its own value in a country and used as a national currency

[MF Doom]

no, definitely not btc.  BUT it does appear some countries are working towards some form of digital currency (china's central bank is "studying" this).  This will allow them to tax people more easily, as there will be "no place to hide" your money

Indeed, I will not see this happen at all its just not possible with the bitcoin, the most banks hate the bitcoin.
The only like the system, I think by that time there will be another global currency created.

Exactly, something they have complete control over, and can profit from.  It makes sense, seeing how they want to tax more and more (all these new "carbon" taxes, refugee costs in europe, etc).  A new digital currency will makes their lives easier

[CryptoBjorn]

if it had been in 2026, maybe it could have been, the case. many reports that bitcoin is a good thing. it might be a glance bitcoin community to have its own value in a country and used as a national currency

It will not be a currency of any country, the bitcoin is to far away from that.
The bitcoin is the future but its the future of other digital currency's that are coming by that year.

[diegz]

I don't think so.. besides, each country has its own currency, they might adapt bitcoin as money and alternative, but not as national currency.. 

[busybee7]

no, people won't change their currency to weird(to them) virtual currency, but it may be alternative currency

[Mr. Big]

no, people won't change their currency to weird(to them) virtual currency, but it may be alternative currency

That's true,, this technology would really look weird to many people around the world who still don't know about it..maybe to us bitcoin users, it is a currency already... 

[romero121]

actually i was never thinking such that and i think it would never happen and difficult to be realized because bitcoin is fully anonymous and very difficult to control bitcoin users and i guess government will think twice to admit bitcoin as national currency

Yes absolutely, but I heard a group of people had started a own country in Europe. There they have been using bitcoin as their National Currency. If in future the particular country is recognized, people might get changed to their views.

[JosNekoKopa]

Probably never!
Bitcoin have its destiny to be used on internet and social networks!
I don't see reasons why must "kill dollar"? Or some other currencies..
 

[jod_doj]

bitcoin might be the national currency by that year because the interest in it grows at a very rapid pace now

[JosNekoKopa]

bitcoin might be the national currency by that year because the interest in it grows at a very rapid pace now

I don't this can happen.
Monetary system today is depends on inflation and deflation, and can't afford to lose
controls over the world just to made happiness for bitcoin users.

[HarryKPeters]

I read some minor country already used bitcoin as their national currency.
In some years some medium country will use bitcoin or accept it as an official ledger for payments. Of this I am sure.

[Nameless Coin]

bitcoin might be the national currency by that year because the interest in it grows at a very rapid pace now

You are right that is growing but its not really realistic this will happen, the banks are hating the bitcoin and are only interested in the system.
They will  not let this happen because they will no more control all people that are using the bank.

[BitcoinHodler]

no i don't think bitcoin can be used and a National Currency.

it can become huge while everybody in the world uses it but i don't think nations will abandon their currency and adopt something decentralized and global.

[Oblodo]

No

[BitsandBites]

That will not happen so fast. It must be a lot of work to that will happen. Many people doesnt even know what Bitcoin is.
So it is hard to use it for a National currency. Many people need normal money too. Maybe later in the future.

[talks_cheep]

Probably never. Bitcoin will remain the currency of choice for the libertarians, fringe elements around the world, wackos, drug dealders, pron peddlers, and, let's not forget, terrorists. Why would normal people associate themselves with these unsavory, unwashed, uncivilized elements of humanity???

[Plung]

2026 ? really. to far enough for thinking about bitcoin  
but no need to wait 10 year to make it true. but not for all country

[enhu]

2026 ? really. to far enough for thinking about bitcoin  
but no need to wait 10 year to make it true. but not for all country

Not going to happen. I figured those heroes each countries has fight for the freedom of their countrymen, the government can't allow the people to forget about what they did in the past. those people printed on the fiat money shouldn't be forgotten else  the next generation will lose values.

[LMGTFY]

Probably never. Bitcoin will remain the currency of choice for the libertarians, fringe elements around the world, wackos, drug dealders, pron peddlers, and, let's not forget, terrorists. Why would normal people associate themselves with these unsavory, unwashed, uncivilized elements of humanity???

Wait... are you saying BTC has ascended to the dizzying heights of being the currency of choice for the libertarians, fringe elements around the world, wackos, drug dealders, pron peddlers, and terrorists? Got any numbers for that, because I kind of feel that ISIS is financing itself with fiat (the people in the territories they've occupied have easier access to fiat than they do to BTC), that the Provisional IRA and their friends the UVF financed themselves with fiat, that the vast majority of drug dealers will insist on fiat, etc etc. But, I'd be happy to be proven wrong - that'd be really bullish.

[BTCBinary]

I don't think bitcoin will be used as a national currency in a near future. But I'm certain that it will be the most used global currency in twenty year time.

[CryingMidget]

I don't think bitcoin will be used as a national currency in a near future. But I'm certain that it will be the most used global currency in twenty year time.

Yeah, that is true, in 10 years, bitcoin might be a secondary or alternative currency and accepted thru out the world.. 

the real problem has been finding a global alternative. There is nothing that is ready to replace it alone, so “a basket of currencies” may be a short-term answer in the coming years until a permanent solution is found.
After over seventy years of unlimited economic power, the world is putting the U.S. Dollar on the clock.
So we need more supply and demand for bitcoin in world economy. These words only make a change with bitcoin.

[Alvin Fahriza]

The state may adopt bitcoin if it were a newborn or the currency of any country becomes worthless. i think possible to dopt bitcoin

[HarryKPeters]

That will not so happen that fast. Many people doesnt even know what Bitcoin is so that will be difficult to change that.
It hard to explain the older people what Bitcoin is. And it is hard for them to use it. Some people hasnt even a computer.

[MaritiJames3]

2026 ? really. to far enough for thinking about bitcoin 
but no need to wait 10 year to make it true. but not for all country

I think it will not happen at all, the problem with the bitcoin is that it has a bad name all over the world.
Also the banks are not gonna let it happen do not like the bitcoin they only like the block chain system its using.

[Hashminers]

2026 ? really. to far enough for thinking about bitcoin 
but no need to wait 10 year to make it true. but not for all country

I think it will not happen at all, the problem with the bitcoin is that it has a bad name all over the world.
Also the banks are not gonna let it happen do not like the bitcoin they only like the block chain system its using.

I think it will happen but its a matter of time till it will happen, it will of course take some time maybe more then the predicted 2026 but it will come at the end.
We just need to be patient and wait for it till it will happen for sure, the bitcoin is the future of the world.

[Nimbulan]

People won't change their currency to bitcoins in just 10 years, they used usual money for 200 years and more, while bitcoin is 10 years old only

[Lauda]

People won't change their currency to bitcoins in just 10 years, they used usual money for 200 years and more, while bitcoin is 10 years old only

That's a weird statement. Bitcoin is already "usual money" for those that have been around for a while.

I think it will happen but its a matter of time till it will happen, it will of course take some time maybe more then the predicted 2026 but it will come at the end.
We just need to be patient and wait for it till it will happen for sure, the bitcoin is the future of the world.

It is rather likely that it won't happen; it is more likely that Bitcoin will co-exist with national currencies (albeit might be adopted by smaller countries).

The state may adopt bitcoin if it were a newborn or the currency of any country becomes worthless. i think possible to dopt bitcoin

Some would already be better off if they had adopted Bitcoin (e.g. Venezuela).

[d5000]

Strange question.

Bitcoin was conceived to be independent of "nations". By design, a "nation" or "state" cannot influence the coin supply or another kind of monetary policy. So Bitcoin as a national currency does not make sense.

But if you mean "national currency" as a measure for the popularity of BTC, I think that by 2026 cryptocurrencies will be well known to the public and should be one of the main players in internet payment and remittances. What I don't know if the most popular cryptocurrency in 2026 still will be BTC.

[OrangeII]

People won't change their currency to bitcoins in just 10 years, they used usual money for 200 years and more, while bitcoin is 10 years old only

you're right, but what about the next 200 years? whether bitcoin will be used as currency ?? I think yes
bitcoin might be made in the currency of a country someday, but if bitcoin always give a good impact, but a different story if bitcoin be something illegal

[Pursuer]

I don't think bitcoin can become a national currency ever.

although I believe that bitcoin is going to be very popular by the year 2026 and be used by many more people and services but I don't think bitcoin can ever replace fiat and become the national currency of a country.

the government nor the people will accept something this global and decentralized as their country's currency. besides no government is going to give up their power of producing money and controlling money circulation.

[Amph]

Strange question.

Bitcoin was conceived to be independent of "nations". By design, a "nation" or "state" cannot influence the coin supply or another kind of monetary policy. So Bitcoin as a national currency does not make sense.

But if you mean "national currency" as a measure for the popularity of BTC, I think that by 2026 cryptocurrencies will be well known to the public and should be one of the main players in internet payment and remittances. What I don't know if the most popular cryptocurrency in 2026 still will be BTC.

op means more like USD is used by other nation, even if it not the real currency of that nation, if bitcoin reach massively planetary usage, icould see this happen for small country, or for country where their currency is very weak

[Nimbulan]

I don't think that people will go to bitfoin so fast, need to change atleast 1 generation of people, and that may take 50 or more years

[takingthis4]

bitcoin won't be national currency ever, but it may and probably will, be best alternative currency everywhere, but it won't change $, euro or pound, people won't change them to bitcoins

[romero121]

The possibility is very low to become a national currency as it has not reached a level equal to the dollar or other national currencies that we are using.

[quadriple7]

I'm thinking since bitcoin is very used as a official currency on internet but still not used by many people since its popularity is still not that high.. What if on year 2026 is a the year where bitcoin is known by most people .. Do you think bitcoin will be used as a National currency on that year just like money that we used right now ??

no i don't think that  bitcoin will ever be used as national currency, because nobody would use bitcoin, like old people wouldn't, but it have huge chances to become a alternative currency, also after 10 years price will be pretty huge so lots of stores should accept them

[Cacapzarg]

I'm thinking since bitcoin is very used as a official currency on internet but still not used by many people since its popularity is still not that high.. What if on year 2026 is a the year where bitcoin is known by most people .. Do you think bitcoin will be used as a National currency on that year just like money that we used right now ??

no i don't think that  bitcoin will ever be used as national currency, because nobody would use bitcoin, like old people wouldn't, but it have huge chances to become a alternative currency, also after 10 years price will be pretty huge so lots of stores should accept them

It will not be a sole currency in a nation, as pointed early, many old people will not use the bitcoin.

[richardsNY]

I'm thinking since bitcoin is very used as a official currency on internet but still not used by many people since its popularity is still not that high.. What if on year 2026 is a the year where bitcoin is known by most people .. Do you think bitcoin will be used as a National currency on that year just like money that we used right now ??

no i don't think that  bitcoin will ever be used as national currency, because nobody would use bitcoin, like old people wouldn't, but it have huge chances to become a alternative currency, also after 10 years price will be pretty huge so lots of stores should accept them

It will not be a sole currency in a nation, as pointed early, many old people will not use the bitcoin.

Bitcoin is and will stay nothing more than an alternative currency. Why on earth will governments of well developed countries ditch their own currency and replace it by Bitcoin? It doesn't make sense as Bitcoin will make them lose full control over the financial industry in their country.

[AsaroUk]

Not it will be not the national currency, I know what you think because you think that because you see now around this time that the value is going to rise and that is nice.
But people have also to know that Bitcoin will have not a stable currency and that it is always changing.

[thejaytiesto]

Not in a regular country but I think a country like Barbados can end up using Bitcoin as a default currency eventually, certainly not in 2016 tho, but sooner than we expect, some of those far countries will start using it because it beats having to deal with a physical currency.

[bitdumper]

Why wait 10 years,  it's here. thanks to Philippines.
http://bitcoinist.net/philippine-government-proposes-its-own-crypto-currency/

[Barbut]

I'm thinking since bitcoin is very used as a official currency on internet but still not used by many people since its popularity is still not that high.. What if on year 2026 is a the year where bitcoin is known by most people .. Do you think bitcoin will be used as a National currency on that year just like money that we used right now ??

About which country we are talking about here? I think that can happen is some small countries but who knows when. Bitcoin needs to grow much more before comes to that point.
I will not say that is impossible, I just think that 2026 is too close.

[Cacapzarg]

The bitcoin will coexist with many  national currency and used accordingly. But it will not replace a national currency.

[traderbit]

I'm thinking since bitcoin is very used as a official currency on internet but still not used by many people since its popularity is still not that high.. What if on year 2026 is a the year where bitcoin is known by most people .. Do you think bitcoin will be used as a National currency on that year just like money that we used right now ??

no i don't think that  bitcoin will ever be used as national currency, because nobody would use bitcoin, like old people wouldn't, but it have huge chances to become a alternative currency, also after 10 years price will be pretty huge so lots of stores should accept them

For old people there wouldn't be any issue to use bitcoin if bitcoin would help them making faster transaction, like the phones that have big buttons for easy access it would be the same for a bitcoin client mobile app to use bitcoin, about the topic bitcoin can't be as a national currency by 2026 because just imagine how many transaction happen everyday in a country.

[Pab]

I'm thinking since bitcoin is very used as a official currency on internet but still not used by many people since its popularity is still not that high.. What if on year 2026 is a the year where bitcoin is known by most people .. Do you think bitcoin will be used as a National currency on that year just like money that we used right now ??

if you create country and you will use btc like a currency,than yes,but only in that case any other
look what a tragedy is euro project

[ThirstyMoon]

Maybe Antarctica will use Bitcoin until then.

The whole point of a decentralized currency is it to be autonomous. A government which can't control it's own currency is certainly doomed.

[Rukusilf]

If a nation is very broke and has very high inflation of the fiat, people will lose confidence and use bitcoin.

[shield132]

Bitcoin won't be used as national currency.

Bitcoin is mined by hardware and there is nothing inside it (only cost of electric energy)

Money is also it's similar, it's paper but inside this paper, there is gold in national banks. So bitcoin can only be used in online transactions. Also it;s illegan in some countrys and it's decrypted and hard to find money sender and receiver.

[doc12]

Bitcoin won't be used as national currency.

Bitcoin is mined by hardware and there is nothing inside it (only cost of electric energy)

Money is also it's similar, it's paper but inside this paper, there is gold in national banks. So bitcoin can only be used in online transactions. Also it;s illegan in some countrys and it's decrypted and hard to find money sender and receiver.

Sorry, but Fiat-Money isn't pegged to gold since >45 years now. 

[Amph]

Bitcoin won't be used as national currency.

Bitcoin is mined by hardware and there is nothing inside it (only cost of electric energy)

Money is also it's similar, it's paper but inside this paper, there is gold in national banks. So bitcoin can only be used in online transactions. Also it;s illegan in some countrys and it's decrypted and hard to find money sender and receiver.

there is nothing in a paper toilet either, gold you say? are you living under a rock

the value is based on the demand, no money have intrinsic value, gold also its value only come from the demand, its intrinsic value is only assuciated with the utility for building phisical stuff with it

but has nothing to do with its market value, or at least it's not responsible in large % for its value on the market

[Altynbekova]

I do not think this will happen to be honest, I really do not see this happen the bitcoin is just too small in my opinion.
I think its just possible the bitcoin first needs to grow a lot.

[sukamasoto]

Well, for my place it's impossible since my goverment still forbid bitcoin usage.
 But we still able to use bitcoin at their own risk , it means that goverment will not responsible for our bitcoin usage

[LFC_Bitcoin]

Bit of a loaded question. Bitcoin would have to make HUGE strides to be used as a national currency. I'm unsure if it's possible even for 2026.

[n691309]

A simple answer, No, I don't think the bitcoin will be a national currency of any country, only a small country can implement it like monaco or any other smaller.

[salmanahmedone]

I'm thinking since bitcoin is very used as a official currency on internet but still not used by many people since its popularity is still not that high.. What if on year 2026 is a the year where bitcoin is known by most people .. Do you think bitcoin will be used as a National currency on that year just like money that we used right now ??

Surely it can be used as a national worldwide currency

[Kotone]

There will be no chance that bitcoin will used as national currency on 2026 and never will be. it function just here and unlike any currency outside the net.

[dezoel]

There will be no chance that bitcoin will used as national currency on 2026 and never will be. it function just here and unlike any currency outside the net.

Exactly no country will allow any digital currency to replace its own currency and we don't want that bitcoin should become a national currency, whatever it is we are satisfied with it.

[Sandroxa]

There will be no chance that bitcoin will used as national currency on 2026 and never will be. it function just here and unlike any currency outside the net.

Exactly no country will allow any digital currency to replace its own currency and we don't want that bitcoin should become a national currency, whatever it is we are satisfied with it.

Of course you already see now that Bitcoin is getting more popular and that is because the world is also getting more digital so that is perfect for the currency.
But you have to know that still there are a lot of people that dont even know what Bitcoin is so you have to promote it much more.

[zimmah]

bitcoin is accepted in many countries as 'legal currency' even though it's not the primary currency.

and it probably will never be the primary currency in any country (not officially anyway) and it won't have to.

bitcoin is great exactly because no one can and will control it.

Governments and banks don't like it because they can't control it, but normal people should love it because it can't be controlled, because this means freedom and privacy.

[jerelimZ]

There will be no chance that bitcoin will used as national currency on 2026 and never will be. it function just here and unlike any currency outside the net.

Exactly no country will allow any digital currency to replace its own currency and we don't want that bitcoin should become a national currency, whatever it is we are satisfied with it.

Of course you already see now that Bitcoin is getting more popular and that is because the world is also getting more digital so that is perfect for the currency.
But you have to know that still there are a lot of people that dont even know what Bitcoin is so you have to promote it much more.

That's true we need to promote it in the best possible way, and we also should recommend it to people around us which will have positive impact on user adoption.

[salmanahmedone]

There will be no chance that bitcoin will used as national currency on 2026 and never will be. it function just here and unlike any currency outside the net.

I don't think bitcoin will not be used in National Currency, because as i know it all remain as it is. i read in this topic most of the threads are here, but everyone say that bitcoin will never use in nationalize currency and also not use in fiat currency. i like bitcoin because it is online currency.
but i don't know what will do in future, may be bitcoin will remain or not, but it is always remain in this same shape.

[spazzdla]

Any current country would not give up this power over their populous.  Any large nation would have to fail first :S..

[zimmah]

it doesn't really matter because bitcoin is international currency already.

who really cares about national currency status? By 2026 either everyone uses it or no one does.

National currency status has nothing to do with it.

[HammaSan]

Be an official currency that is not possible. The financial groups has no interest in this. The bitcoin will still be very used each day more and more. Always as a second currency

[takingthis4]

I'm thinking since bitcoin is very used as a official currency on internet but still not used by many people since its popularity is still not that high.. What if on year 2026 is a the year where bitcoin is known by most people .. Do you think bitcoin will be used as a National currency on that year just like money that we used right now ??

personally i think that it will take more than 10 years to be national currency of any country, a people won't like bitcoin that fast, but lets say after 20 years, this can be possible
]
as each year more and more people show interest in bitcoins,so after 20 years probably everyone will know and will use bitcoins, so they will want to have bitcoin as currency

[CryptoBjorn]

Be an official currency that is not possible. The financial groups has no interest in this. The bitcoin will still be very used each day more and more. Always as a second currency

I disagree. If the masses get to know bitcoin countries will find a more stable currency. Just look how many have the US dollar as their main currency?
Reason why they do this if because their own currency is/was not stable and they switched to the dollar.

The same could happen with bitcoin.

[Cacapzarg]

Be an official currency that is not possible. The financial groups has no interest in this. The bitcoin will still be very used each day more and more. Always as a second currency

I disagree. If the masses get to know bitcoin countries will find a more stable currency. Just look how many have the US dollar as their main currency?
Reason why they do this if because their own currency is/was not stable and they switched to the dollar.

The same could happen with bitcoin.

I think Argentina will be the main country to use the bitcoin. Another South American country will also use it.