would you live in a country that use bitcoin as official currency?

[meida]

No, because bitcoin is still in its infancy, the value of bitcoin is not yet set, and the price of bitcoin is not stable enough to pay for what it may cost me.

[valentine401]

Yes i will, Bitcoins value is very high and the products will be cheaper if the currency we are using is from bitcoins value, Another thing is that a lot of jobs will be open that is paying crypto currency and it will be easier to sustain our daily needs.

[Ctn]

would you live in a country that use bitcoin as official currency?

assume that you're living there and get paid also in bitcoin. do you think it's possible to live in a country when one day the currency go up or down in 20%?

First of all thats not possible to acquire to bitcoin as official currency in a country.


But, lets assume that it happens in reality then yes I will surely visit such country and will spend some time of my life. It wouldn't matter of the prices are fluctuating because everyday will be different in the way I will make purchases of things. May be one day I might get a ride at BTC = 0.0001 but the other day it could be BTC = 0.00001 so it wont matter as I will have my salary fluctuated in the same way the bitcoin prices are fluctuating. It will take time to adjust but things can be made possible.

[RSM0103]

I prefer not to live in that country, cause that country is as same as where I live now, bitcoin in our country its value is very high its about 350k so my money is lesser value, so if I convert bitcoin in my own country money Its very high profit for me so I prefer to live in a country that bitcoin is an option to buy and sell items not the main currency that we are using.

[Redanim]

Why not, I dont see any difference from other currencies, if bitcoin would have been legalized in that country and made an official currency.  I dont think that course would have fallen by 20% in this country, then people would start striking and holding rallies.  Yes, and growth rate lets say on the same 20% government would not have allowed.

[Gens09]

would you live in a country that use bitcoin as official currency?
assume that you're living there and get paid also in bitcoin. do you think it's possible to live in a country when one day the currency go up or down in 20%?

I prefer not to live in that kind of country. it's okay if the value of btc is fix or if they will pay me in a fix price then the value of btc is fix I could live there but as of now that btc is not stable I preferred to use fiat money rather than to use a btc it maybe easy for a transaction but it's hard when it comes to getting your salary in a btc you don't it maybe as high as you want but also low as it is.

[coin royal]

would you live in a country that use bitcoin as official currency?
assume that you're living there and get paid also in bitcoin. do you think it's possible to live in a country when one day the currency go up or down in 20%?

No, I won't live a country that uses bitcoin as their local currency because you pay fees and you wait for the transaction. And how can the government will maintain the country if there is no taxes to pay?

you know this is my dream that one day i will live in the country where bitcoin will be used as official currency but in real i am not living in that country because the government of my country feels fear in trusting bitcoin thats why.

[LordDisick]

I don't think its a good idea to live in a country that uses bitcoin as official currency because of the volatility nature of it. The salary of the citizens will probably become affected specially if the value goes down. And also the prices of the goods will also get affected once the price goes up they also become very expensive. I don't like to live like that.

[jaocoincrypto18]

would you live in a country that use bitcoin as official currency?
assume that you're living there and get paid also in bitcoin. do you think it's possible to live in a country when one day the currency go up or down in 20%?

I wont because bitcoin is volatile. What if your have already receive your salary but the bitcoin value suddenly decreases? Would you ask your employer for additional bitcoin because it doesnt meet your monthly salary? How bout if the internet will gone including the electricity? Would you still able to buy food and other things for your family need? So i say it very impossible to bitcoin will replace fiat, it will be limited to use it for investment to earn paper money.

[defriadi]

if I myself do want it, because from here I work focus on the internet. from the internet this can produce bitcoin to transact daily

[saqibmunir]

would you live in a country that use bitcoin as official currency?
assume that you're living there and get paid also in bitcoin. do you think it's possible to live in a country when one day the currency go up or down in 20%?

No, I won't live a country that uses bitcoin as their local currency because you pay fees and you wait for the transaction. And how can the government will maintain the country if there is no taxes to pay?

i think it is very difficult for any country to take it as a official currency.I think bitcoin as currency is a also nice idea but we all know that price of bitcoin is not stable its value fluctuates daily. I think it will accept as currency but not official currency and it is not suitable for daily use to purchase good, and services.

[Geemy]

no , and also how many countries use bitcoin as official currency ? , i think no one  ?

[Dudeperfect]

Well, yes why not but I really don't want one and only option to pay for the goods and services. Especially if we are talking about the currency that is based on the internet (the technology which might or might not work in natural calamities) so if the country has other payment options, then I would love to live in such country even if the primary currency if Bitcoin. However, the situation is changing rapidly and we will see Bitcoin in mainstream within next 5 to 10 years from now in major countries.

[swscowods]

I just dealt with a law firm.  I paid the fees with a credit card.  They charged me $30 to handle the payment.  All I can think of was:  I wish I could've paid this in bitcoin.

Sure I will live in such a country where bitcoin is using as official currency because it can help a lot I can earn a lot of bitcoins there and then I will send to my home country and I know the price of bitcoin in my country it will change my whole family life and I think there is possibility to do so in coming time I wish that it come true.

[jilani]

I want such a great country where Bitcoin very official but i don't know when it's possible because it's very difficult issue i think.Although Bitcoin is deeply involved my regular way of life.

[Jameseversmile]

This is a dream but if this happens, I will very well be happy to migrate to that country

[tushin4]

I would like to live such kind of country that use bitcoin officially .  but I don’t thinks there is such type of country yet . but expecting  that in some years many country will be in list of making btc as a official country.

[tobs]

would you live in a country that use bitcoin as official currency?
assume that you're living there and get paid also in bitcoin. do you think it's possible to live in a country when one day the currency go up or down in 20%?

I can't quite imagine how that would work from the economical point of view. I mean, I think that it may in a way become an isolated country, which means that the bitcoin has no real value. That a loaf of bread would almost always cost let's say 0.01btc, because it would be weird if the prices were adjusted based on all of the price fluctutations and if they were static, it could happen that an apple could cost few hundred dollars, because of price changes.

[Fear]

Maybe, Bitcoin can be used for payment in some case. But I don't think that most people will use a coin that will increase in few weeks for payment. They will prefer to store it likes an asset.

[FaithETH]

If you mean a country where bitcoin is an accepted currency, but it's also possible to use a regular one, like the US Dollar per say, then yes, I would live there, I would pay for the bare necessities with real money and buy some more expensive ones with bitcoin. If we're talking about a country where the only accepted currency for every service is bitcoin, then no. It's way too convoluted for it to become comfortable to pay with bitcoin for stuff like food, small bills, heating et cetera. If the process was a bit more straightfoward, then we could talk seriously about such a decision.