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Author Topic: Do you think bitcoin will used as National Currency on 2026?  (Read 3955 times)
Plung
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February 21, 2016, 05:17:24 PM
 #61

2026 ? really. to far enough for thinking about bitcoin  Grin
but no need to wait 10 year to make it true. but not for all country
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February 21, 2016, 05:22:02 PM
 #62

2026 ? really. to far enough for thinking about bitcoin  Grin
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.

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February 21, 2016, 05:23:44 PM
 #63

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.

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BTCBinary
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February 21, 2016, 05:36:03 PM
 #64

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.
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February 22, 2016, 05:35:53 AM
 #65

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..  Smiley

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
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February 22, 2016, 06:10:29 AM
 #66

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

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February 22, 2016, 08:44:08 AM
 #67

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.

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February 22, 2016, 09:47:19 AM
 #68

2026 ? really. to far enough for thinking about bitcoin  Grin
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
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February 22, 2016, 10:58:33 AM
 #69

2026 ? really. to far enough for thinking about bitcoin  Grin
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.
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February 28, 2016, 08:56:57 AM
 #70

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

 
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Lauda
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February 28, 2016, 09:42:56 AM
 #71

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).

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February 28, 2016, 09:52:08 AM
 #72

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.

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February 28, 2016, 09:54:29 AM
 #73

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

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February 28, 2016, 10:00:18 AM
 #74

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.

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February 28, 2016, 11:16:22 AM
 #75

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
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February 29, 2016, 03:26:14 PM
 #76

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

 
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March 01, 2016, 11:38:25 AM
 #77

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

 
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March 01, 2016, 11:49:09 AM
 #78

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.

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March 27, 2016, 03:56:45 PM
 #79

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
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April 19, 2016, 11:21:43 AM
 #80

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.
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