[...]
So... what's the exact proposition, bribe a country into saying that bitcoin is now it's official currency, but then let them totally ignore it?
Pretty much.
I remember reading somewhere that there is a South American country who's official currancy is the US Dollar. you might want to talk to them.
[...]
There seem to be a couple of countries with several official currencies.
[...]
I am still not convinced why Tuvalu is not the best place on Earth to keep my cold wallet though...
(sarcasm)
Why would you want to do that?
[...]
you have to make sure they are truly recognized by the international community as soveriegn. But yes count me in, i would pay 1 bitcoin.
Definitely.
[...]
What about creating our own country?
[...]
It would take ages and tons of effort to get it recognized. This is so much more difficult... (The same goes for the whole virtual country idea).
Why do you want to pay another country to adopt Bitcoin if it doesnt fully support the idea in the first place?
All you probably get is some law in their codes that states that "Bitcoin" is officially second legal tender in that state, a PR hit and thats it.
That and legal tender status making it an official currency giving us legal certainty.
They will probably not take any more efforts to propone the use or protection of Bitcoin in any way.
So what?
They may even reverse all those steps as soon as another party apporaches them with a bigger reward/stick in their hands.
This is a big issue.... If some big bully states tells them to shut it we are out of luck. Publicity nonetheless.
Why not try to pursuade any nation to adopt Bitcoin because they would indeed profit from the decision?
This way you get the "full faith and recognition" of the nation, and I know thats worth a lot to some people.
You get an active economy that uses Bitcoin instead of one that rather sticks to its old ways and lots of PR hits in the time to come.
The recent Zimbabwe example was probably a hoax but a realistic one at that. A country like Zimbabwe might very well look at the possible merrits of such a decision and decide for its country to adopt Bitcoin because it would provide an improvement to its current status.
That would of course be better but more difficult.
Ok, so if there would be anyone willing to do escrow...
[...]
1st Bitcoin from me. I could send even now - to escrow person.
lol. Easy, we need to take it slow.
There's no country in the world that will be willing to take up Bitcoin as their currency because their financial interactions with the outside world would be at the mercy of the volatile market prices.
You got it all wrong. It would only be an ADDITIONAL official currency.
What does it take to make a currency an "official" currency? Would be enough if small state xy officially proclaims that it will optionally accept BTC for tax and other payments at a rate equivalent of 0.001USD/BTC?