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

[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.

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[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.