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Author Topic: would you live in a country that use bitcoin as official currency?  (Read 5245 times)
kateryana81
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November 10, 2017, 01:02:20 PM
 #281

is all place in the country use bitcoin as the payment maybe i will join that country, we don't afraid about the bitcoin price will go down and go up. and then the price of bitcoin will stable than now because people in that country use bitcoin as the payment, so the price in international will stable
Yeah in my country the use of the bitcoin has become very easy because a lot of the people are buying the bitcoin and the bitcoin will be the best currency at the same time, I hope the bitcoin will increase the value and the price I hope in the future a lot of the people will buy the bitcoin and this is the reason why all the people are getting in the bitcoin and I can see the bitcoin future getting brighter.
Faith Joy
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November 11, 2017, 03:06:56 PM
 #282

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%?
Yes of course I would like to live in a country that uses bitcoin as their official currency. I don't think it's possible that a country would have fixed prices in Bitcoins. For example smartphone XY for 0.1 BTC. However it is possible that the prices would be pegged to US dollar or other fiat and the price in bitcoins would change every minute according to the exchange rate. I can imagine this in a smaller country, island for example. And the country needs to be progressive and high-tech because everyone would need to adapt, even saleswoman at the market who sells fruit, she would need to accept payment in bitcoin.I think it would be really awesome.
rizkyfebrian213xx
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November 12, 2017, 04:56:08 AM
 #283

bitcoin is ilegal in my country
my country's government forbids bitcoin as a means of transactions
i think with this way (not forbid bitcoin) can make economic in my country more advanced
i hope in next year or soon , my country's government legals bitcoin for transactions
sapnu
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November 12, 2017, 05:01:49 AM
 #284

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 would love to live i. a country where Bitcoin is legal as a currrncy. In that way, i will be able to use Bitcoin as a real currency and as an investment at the same time. With that, I will earn huge profit and also will be able to make use of the advantages of Bitcoin. Hoping that in the near future, more countries will make bitcoin legal so that more people will experience the benefits of Bitcoin.
dikiyono
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November 12, 2017, 05:17:21 AM
 #285

in my opinion strongly agree because it is very easy for all transactions. Looks like it's not possible
Periodik
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November 12, 2017, 05:22:01 AM
 #286

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 would love to live i. a country where Bitcoin is legal as a currrncy. In that way, i will be able to use Bitcoin as a real currency and as an investment at the same time. With that, I will earn huge profit and also will be able to make use of the advantages of Bitcoin. Hoping that in the near future, more countries will make bitcoin legal so that more people will experience the benefits of Bitcoin.

In my country Bitcoin is legal. But our central bank and legislative house is currently studying bitcoin and the whole crypto world. They might impose more regulations in the near future. Taxes is what hurts most if in case they will implement highers taxes at this. Too much volatility on Bitcoin price is what makes it hard to be widely accepted by large companies.
Unilevear
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November 12, 2017, 05:24:36 AM
 #287

I don't want to live im country that only uses bitcoin as their official currency. It is hard to imagine a place where paper money are useless and digital currencies are the one with value. We got used to paper money and for me it will be a hassle in some ways if we use digital currency for every single transactions we are doing.
_Mikasa_
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November 12, 2017, 05:30:26 AM
 #288

I dont think so. Because the value of bitcoin is continously fluctuating. It is good if the value of bitcoin is stable and it is less hassle if it is implemented properly.
speem28
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November 12, 2017, 05:30:52 AM
 #289

Absolutely yes, Usually the payouts in campaign's are delay but its ok as long as the value is very high and the job they are producing is consistent. There are some country that are using crypto currency in their transactions like buying goods, One of the example is dubai, Some of the restaurants over there are accepting bitcoins.
But still, it is hard to rely only on signature campaigns. Even if it is consistent, you are not sure if you will always get accepted in every campaign you applied for. Another thing is that we all know Bitcoin's price is volatile and as of now, we don't have any solution for that problem. My point is, it is still better to live in a country where you can use both fiat money and digital currencies together.
Morgann
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November 12, 2017, 05:31:27 AM
 #290

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%?

yeah i want to live in a country that bitcoin is the mode of payment or the universal currency because some of money comes in bitcoin. if this will be happen it lessen the hussle in converting all my bitcoin to real money. i can use it easily and no need to exchange it.
phelbaby
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November 12, 2017, 06:12:42 AM
 #291

Bitcoin is currency and currency is life and it keep a country going,if the country sees Bitcoin as official currency than that  will be no problem
noel2123
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November 12, 2017, 06:28:56 AM
 #292

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 would love to live i. a country where Bitcoin is legal as a currrncy. In that way, i will be able to use Bitcoin as a real currency and as an investment at the same time. With that, I will earn huge profit and also will be able to make use of the advantages of Bitcoin. Hoping that in the near future, more countries will make bitcoin legal so that more people will experience the benefits of Bitcoin.
I am afraid that it was not going to happen , national currency will never be replaced by some cryptocurency who they don't have control with ! however they could create there own cryptocurrency but expect it that it would be controlled and it's definitely not going to be bitcoin.
saqibmunir
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November 12, 2017, 06:35:58 AM
 #293

in my opinion strongly agree because it is very easy for all transactions. Looks like it's not possible

f bitcoin becomes the official currency ,, and we have to use bitcoin when buying anything, it is not effective.
because every time we transaction bitcoin there is a transaction fee ,,
in small and large amounts the same cost, we will lose.and also if internet shutdown .then we can do anything.if we use bitcoin as an official currency we are dependable on internet.which is not satisfied.
Crafts12
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November 12, 2017, 06:42:36 AM
 #294

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%?
Since i support the idea of bitcoin, im willing to live in a country that uses bitcoin as their official currency. Transaction of money will not be a problem anymore since bitcoin has the capability to send and receive money in an easy and secured way. Also, we can gain profit with the bitcoin that we have since its price is unstable. We can trade our bitcoin if its price go high and harvest our profit.

beezunus
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November 12, 2017, 06:44:06 AM
 #295

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%?

currently bitcoin can not be used as currency in my country but in my country already have official office of bitcoin, hopefully bitcoin can be fully used in my country and become trigger of bitcoin increase
ufaiz50
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November 12, 2017, 06:45:12 AM
 #296

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%?
a country should have an official local currency but if there is such a territory it seems rather risky because of the changing currency value. I think with the many users of cryptocurrency especially bitcoin it would interest if lived in a place like that.

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NJB18
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November 12, 2017, 07:46:28 AM
 #297

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%?
a country should have an official local currency but if there is such a territory it seems rather risky because of the changing currency value. I think with the many users of cryptocurrency especially bitcoin it would interest if lived in a place like that.

Maybe a country that has an official fiat money that is also convertible into a crypto currency. That will be the future looks like. I would consider myself living in a crypto friendly country too. Currently it is unimaginable for a country to have a decentralized official crypto currency. Volatility will be a big problem.
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November 12, 2017, 07:51:39 AM
 #298

No, I would not want to live this way, because the prices for products would vary each and this would affect my overall earnings and family budget. I think if the whole country used bitcoin, this would not be a problem.

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November 12, 2017, 07:56:58 AM
 #299

i think so if that official i think other will follow the rules by the laws

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November 12, 2017, 07:57:59 AM
 #300

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%?
a country should have an official local currency but if there is such a territory it seems rather risky because of the changing currency value. I think with the many users of cryptocurrency especially bitcoin it would interest if lived in a place like that.
Its an unique places to live definitely however there is no such things as currency going up or down in 20%, most likely the value of your own currency deflate or inflate. Bitcoin was used by lots of internet and annonymous user, its more like USD now which can be used all over the world but i dont really sure if i want to live in a currency that use bitcoin as there is no recognition from others country if they are willing to accept the bitcoin or not in global
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