Bitcoin as Main Currency

[coynedterm]

I disagree because I believe bitcoin will not be the main currency in any country including the United States because bitcoin is not to be used as main currency. Although it is recognized to be the currency in any country, but it is only as an alternative from main currency. If that happens maybe bitcoin has not become anonymous and will be a big tax because there will be a rule from government, bitcoin will be change in total.

I also thinks the same , because Bitcoin have many question for itself own by the many countries .
Few of countries banned already Bitcoin and few of them are looking to ban .
Since we know that use of bitcoin is fully legal in some countries , but even after this fact most of the country's government doesn't support Bitcoin direct .
So if we will say Bitcoin as main currency then it is only our mind's word toward the bitcoin .
all over after these types of things , I will say that bitcoin is fully safe and we didn't need to prove it is legal or not .

[naughty1]

I agree. I always considered myself as a currency Bitcoin official. although in my country, people do not know about Bitcoin, if any, that is a very small figure. I support the currency Bitcoin becomes official, and if possible, I want it to be the official currency of the world. I love Bitcoin and hope it grows. Currency Bitcoin is the most powerful

[KennyR]

Around the world only very few were aware of bitcoin, and only few countries have revealed positive statement supporting bitcoin. This doesn't mean that bitcoin goes as a main currency because no currency will be that volatile as our bitcoin. This increased volatile causes instability in economic situation which is not good for a growing economy.

[danherbias07]

Around the world only very few were aware of bitcoin, and only few countries have revealed positive statement supporting bitcoin. This doesn't mean that bitcoin goes as a main currency because no currency will be that volatile as our bitcoin. This increased volatile causes instability in economic situation which is not good for a growing economy.

This is the truth and should be accepted by many of the users here. If you are in a country where you see a lot of people that are using this technology then you are lucky.
But think about the other countries also. Sometimes in one city there is not even a thousand users there. That is one that should be considered when making something to be a currency, it should be known.

[bob123]

Bitcoin probably won't ever be the "main" currency of a country.
Its decentralized.. and thats enough reason to not take it as main currency, if you look it from the side of government.
But i can imagine BTC as a currency of the people who wan't to be able to make payments (pretty) fast all
around the world within a few minutes.
Additionally its Pseudonymous.

[doomistake]

I wouldn't. Let Bitcoin be what it is: a decentralized cryptocurrency that is anonymous and safe for everyone who seeks privacy. Governments would only want to secure it for themselves and seek for everyone's identity that is using Bitcoin. That's not what we want.

Yes, I agree with you with this, because for me, it is not necessary for bitcoin to use as the main currency in America or in any countries around the world, maybe I would agree if the Government would allow bitcoin to be used in any transaction that we will do but never as the main currency, because if this is going to happen, just like what you have said, Government would just going to secure it and the worst is they are going to take control of the bitcoin network so that they can do whatever they want on our bitcoin just like what they are doing on our money.

In this way, they could easily steal our bitcoin or scam us, especially since bitcoin is more valuable than fiat because of its price, then those greedy politician will agree for bitcoin to be the main currency, for them to have a lot of money from it.

[CoinFoxs]

I was just curious but, what would you guys think if Bitcoin was the main currency of America. Would you like it and agree with it or would you agree with the current main currencie(s) we have.

No i am not agree with you, i don't want someone to control bitcoin, not only me every bitcoin user wants to see bitcoin as a decentralized currency in future too. Bitcoin has it's own importance in the market and many people trust bitcoin.

[MoneyIsDebt]

I agree. I always considered myself as a currency Bitcoin official. although in my country, people do not know about Bitcoin, if any, that is a very small figure. I support the currency Bitcoin becomes official, and if possible, I want it to be the official currency of the world. I love Bitcoin and hope it grows. Currency Bitcoin is the most powerful

if we say it for online shopping or use on online. we will say it main currency but as in daily life or we compare it to fait money so, i don't think it is main currency. bitcoin is just a currency which we used for online use. we can't use it as daily purpose. so, bitcoin is the king of cryptocurrency but not the fait money.

[CryptoVzla]

For now the Bitcoin wil not be a country's main currency but, it can be the main currency for you as an individual. For me, Bitcoin it's the main currency (because my local currency it's garbage), i save my money on bitcoin and do my monthly budget based on BTC. I compare the BTC->LocalCurrency Tx to going to a ATM to have some cash.

[shinratensei_]

Bitcoin probably won't ever be the "main" currency of a country.
Its decentralized.. and thats enough reason to not take it as main currency, if you look it from the side of government.
But i can imagine BTC as a currency of the people who wan't to be able to make payments (pretty) fast all
around the world within a few minutes.
Additionally its Pseudonymous.

Decentralized, anonymity and the important thing the small blocksize of bitcoin was making the unstable network for bitcoin itself. According to the unconfirmed transaction, the word of main currency will never happen.

https://blockchain.info/unconfirmed-transactions

[Jasad]

For now the Bitcoin wil not be a country's main currency but, it can be the main currency for you as an individual. For me, Bitcoin it's the main currency (because my local currency it's garbage), i save my money on bitcoin and do my monthly budget based on BTC. I compare the BTC->LocalCurrency Tx to going to a ATM to have some cash.

if you have know bitcoin well , then no wonder you call your nation currency garbage ,
let the current situation be like this , all fiat sucks , regulated by greedy people ,
while bitcoin run decentralized , nothing can touch your money but yourself ,
that was amazing idea from satoshi , thanks for it, we must be grateful.

[davids]

many people will accept and use bitcoin if becoming main currencies America. but with characteristics bitcoin not created for a country's currency.
I'd rather Bitcoin being an alternative currency without being controlled by the government and safe for everyone who seeks privacy

[Babayega31]

Bitcoin as main currency is a great idea once its intoduced to the society today but I don't think government will strongly support this, because its hard for them to educate people on this. People were still hesitant to adopt digital currency and for now still my friends knows me having this thinks that I am bluffing them which they missingly think am making stories.

[Harlot]

If Bitcoin is an official currency on any country I think it would not last for long. One main reason is that its transaction time is slow, too slow to be practical to use in our daily lives. Imagine that you are in line on McDonalds and you look the one in front on you not taking orders but waiting for the transaction to be completed. If I am that man on Queue I will be mad of our money system.

[blockcha1n]

If Bitcoin is an official currency on any country I think it would not last for long. One main reason is that its transaction time is slow, too slow to be practical to use in our daily lives. Imagine that you are in line on McDonalds and you look the one in front on you not taking orders but waiting for the transaction to be completed. If I am that man on Queue I will be mad of our money system.

This could happen. But with the technology that is in place with the blockcha1n, transactions can be done and don't need to be confirmed.
As long as they hit the blockcha1n they are received. And it is up to the receiver to wait for the confirmations to complete.
This is how bitcoin casinos do their deposits. As soon as the bitcoins are sent they accept that as the transaction and don't wait for the queue to complete.
Try it for yourself on directbet or whatever gambling site you want. They allow you to use your balance as soon as they see the send on the receiving end and it is immediately available to the player.

[ufaiz50]

If Bitcoin is an official currency on any country I think it would not last for long. One main reason is that its transaction time is slow, too slow to be practical to use in our daily lives. Imagine that you are in line on McDonalds and you look the one in front on you not taking orders but waiting for the transaction to be completed. If I am that man on Queue I will be mad of our money system.

yep duration of transaction confirmation is still a constraint for bitcoin users, I think it should confirm bitcoin not really problem because every have bitcoin transaction, the transaction can not be canceled and most likely bitcoin it will remain to the destination address

[Sadlife]

From my perspective in already a world currency even it does not become th main currency of the united states many countries are using it more than there own fiat currency like india and china
And now a brand new member of the bitcoin community has now become Japan one the biggest investors of bitcoin.
America doesn't want to put their money on a digital currency cause they'll lose control to the people and that would be the end of US dollars.

[bohr]

I was just curious but, what would you guys think if Bitcoin was the main currency of America. Would you like it and agree with it or would you agree with the current main currencie(s) we have.

There is simply no way for bitcoin to become the main currency of the US or any other big country since they will lose the ability to print money at will and that could be a weakness against other governments that can, so let bitcoin be an alternative but never allow a government to take control over it.

[mace15]

Bitcoin as main currency is hard to others. Though some countries bitcoin is popular and they already use it in their daily lives. But, not all can easily adopt this kind of currency. Let bitcoin as it is a decentralized one not be controlling by the government.

[tambok]

Bitcoin as main currency is hard to others. Though some countries bitcoin is popular and they already use it in their daily lives. But, not all can easily adopt this kind of currency. Let bitcoin as it is a decentralized one not be controlling by the government.

I wonder why there are lots of questions like that. Isn't great to just add bitcoin as one form of currency as a virtual currenct but not to replace any local fiat (since it is really hard to replace it) and to adopt it first by all nations and for all merchants to use it as payment especially thru online shopping, etc.