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Author Topic: BTC as a national currency?  (Read 12619 times)
chrisculanag
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January 15, 2018, 01:39:37 AM
 #781

Bitcoin is never replace every nation currency , because national currency is the thing to earn taxes for every people whenever where he/she are.
Another one , every nation currency have a historical reason to be remain no one currency can destroy even bitcoin.

cepedacharles29
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January 15, 2018, 01:59:27 AM
 #782

Nowhere bitcoin has got used as a national currency. In very few countries bitcoin has got importance similar to that of their own traditional currency. One such country that has made and supported for the growth of bitcoin is Japan. Hope this will continue with more countries leading to large scale growth.
DIAH PERMATASARI
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January 15, 2018, 03:16:39 AM
 #783

it seems very difficult to happen, bitcoin as national currency, why is that because bitcoin is not shaped, both bitcoin price is very fluctuation so hard also make third price benchmark still many people aw3am who do not know how to use
shesheboy
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January 15, 2018, 03:22:36 AM
 #784

it seems very difficult to happen, bitcoin as national currency, why is that because bitcoin is not shaped, both bitcoin price is very fluctuation so hard also make third price benchmark still many people aw3am who do not know how to use


why not? of course it is possible because bitcoin is independently made and does not depends on a single country only due to the fact that it was built  online therfor  anyone can use it no matter what is their country. price fluctuation isnt really a problem at all because it is part of bitcoins  characteristics and even in local currencies or fiat money has  also been volatile because their value of exchange is sometimes high and sometimes low but not as volatile as cryptocurrencies.
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January 15, 2018, 03:25:43 AM
 #785

D'ont see that happening this century, except in poor countries
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January 15, 2018, 03:57:51 AM
 #786

there will be time that some country make it as national currency, if bitcoin prices stop being wild and becoming more calm and steady. and then, the world of digital currencies being legalized in many country will started.
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January 15, 2018, 03:59:15 AM
 #787

I think it may not happen to bitcoin as a national currency because government don't accept it and legalized to use that's why it hard to say that it can be the national currency even here in my country many people says that bitcoin is a scam so it is hard to make a company to all people here.

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January 15, 2018, 04:35:21 AM
 #788

         The government will be difficult to calculate the concerted state, because it can cause big mistakes because it is much different. It should be in the country but not change the state money, because state money is a special money for our respective countries. So this notice is conveyed by to everyone who has heard the news of cripto money that the cripto money is better in its current position. Government policy certainly does not want to complicate the country, they know what a good way to manage the state finances to run stable for the entire economy of the existing population in the country. Entering 2018 may be cripto money will be added public facilities to be located all countries that use cripto currency. Depending on how many users are trading cripto money in a particular country.

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January 15, 2018, 04:43:42 AM
 #789

it seems very difficult to happen, bitcoin as national currency, why is that because bitcoin is not shaped, both bitcoin price is very fluctuation so hard also make third price benchmark still many people aw3am who do not know how to use


Who knows. It can happen in future when bitcoin is accepted and used worldwide in all the countries. Crypto is slowly ruling the currency market. Governments and investors started adapting bitcoin to gain wealth and profits respectively. This is something stunning that people started accepting and living with bitcoin before bitcoin was announced as legal in the countries.
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January 15, 2018, 05:42:35 AM
 #790

Bitcoin is not suitable when used or become a national currency. prices that change make this can hurt many parties. especially bitcoin also not only circulated in the country itself

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YzzyGo
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January 15, 2018, 06:19:34 AM
 #791

It cannot be any nation's currency because it is being used around the world. A nation's currency is valued based on their own economy. This will make it difficult to gauge their worth locally. And bitcoin is free from being owned by any nation anyway.
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January 15, 2018, 07:20:15 AM
 #792

It will be almost impossible than what you think, maybe it will happen in some years from now, even decades, but maybe bitcoin is not going to be a national currency, another  crypto is going to take that place, soon.

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January 15, 2018, 07:43:55 AM
 #793

I Think it's a great & big Think for a stable country, but Bitcoin doesn't become a national currency for any country.  I think it will be a great help for the Third World countries in breaking the limitations most world major currencies. the government is deprived of the cryptocurrency so maybe have no chance for Bitcoin to be a national currency next few years. But I like to share Just an example of Japan who already turned bitcoin as legal and now Maximum people there are using bitcoin as the national currency. I believe that in the future hopefully, Bitcoin will be a national currency.
Lubang Bawah
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January 15, 2018, 09:02:50 AM
 #794

I think this is a good idea if any country wants to use bitcoin as a currency, surely this will provide an opportunity for the poor to improve their lives so that it can get better.



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Md.Sufian
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January 15, 2018, 09:34:28 AM
 #795

In my opinion, future BTC may be the national currency. Currently it is the world discussed section. It's fast moving forward .
readygoaw
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January 15, 2018, 09:47:16 AM
 #796

So as far as we know BTC currency is growing wide, do you think there will be when it become a national currency?If yes, why?If not, why?

national currency for one country Huh bitcoin is Global currency every one have internet access can download wallet and start using bitcoin.

it is impossible for all countries to  make 1 currency
It is impossible but some politicians all over the world are trying to do that, just look at the euro the currency for a full continent that is bound to fail, a closer political union made sense since the two world wars were devastating to the continent but then they tried to force economic union and as we have seen it is not going to work and this is going to dissolve the political union as well.

I do not believe that Bitcoin can become a national currency. I think that it status will remain at the same level as now.
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January 15, 2018, 10:43:39 AM
 #797

I think Bitcoin won't be used as a National currency. Most likely governments would make their own cryptos and do with them as they please, but they need it to be centralized so that they can control it whereas Bitcoin is decentrlized and therefore not really applicable to be used or adopted by governments. This isn't a bad thing either, because the purpose of government is to control and regulate as long as it's for the benefit of the people like catching criminals and tax evaders.
It will happen as still bitcoin progress is in beginning and people are still learning about bitcoin and when their learning will get completed and whole economists will give green signal to the bitcoin then regions will declare bitcoin as national currency and believe bitcoin will give a lot of success and profit to the region and there will be economic stability in that region and bitcoin is alternative name of progress so it will be helpful.

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January 15, 2018, 10:54:06 AM
 #798

Bitcoin isn't legalized by all country in the world. But some countries had legalized this as their currency. Now,Bitcoin is suitable as a national currency for all country. One day,it will accepted by all country.

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January 15, 2018, 11:28:47 AM
 #799

So as far as we know BTC currency is growing wide, do you think there will be when it become a national currency?If yes, why?If not, why?

I do not think so that bitcoins will be a national currency because they are decentralized and the government wont allow that to happen because they want to have control of the monetary unit.the second one is the bitcoins are volatile and the people do not want to.lose money even without doing anything they just always want the gaining part not the losing part. But for me they can co exist with our moneys used as an alternate money.
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January 15, 2018, 11:47:03 AM
 #800

So as far as we know BTC currency is growing wide, do you think there will be when it become a national currency?If yes, why?If not, why?

national currency for one country Huh bitcoin is Global currency every one have internet access can download wallet and start using bitcoin.

it is impossible for all countries to  make 1 currency
It is impossible but some politicians all over the world are trying to do that, just look at the euro the currency for a full continent that is bound to fail, a closer political union made sense since the two world wars were devastating to the continent but then they tried to force economic union and as we have seen it is not going to work and this is going to dissolve the political union as well.

I do not believe that Bitcoin can become a national currency. I think that it status will remain at the same level as now.

You're right. I can believe that another crypto currency becomes a national currency but the bitcoin, no. It has technical issues and it's not the goal of the bitcoin to be adopted to a massive scale as a national currency

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