Elajus91
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March 06, 2018, 12:55:48 PM |
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Poland is planning to create their cryptocurrency „Digital PLN“ („dPLN“). This coin won't be let used anonymously.
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Alexandr210774
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March 06, 2018, 12:56:40 PM |
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The popularity of bitcoin has now grown so rapidly that almost everyone in different countries recognizes and utilizes bitcoin either as a business asset or as a means of payment transactions. And as we know so far the bitcoin legality is still a consideration for governments in various countries.
Looking at that fact is it possible bitcoin will be the currency of a country? And can bitcoin change the country's economy for the better?
Exactly not soon it will happen. Since there are so many flaws in bitcoin, for example, the same time spent on one transaction. And the fact that the state will not be able to control bitcoin (since it is a decentralized currency). Purely because of this, they do not want to recognize him. Without taking into account a number of other difficulties.
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zakirazak
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March 06, 2018, 12:56:51 PM Last edit: March 06, 2018, 01:41:12 PM by zakirazak |
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The popularity of bitcoin has now grown so rapidly that almost everyone in different countries recognizes and utilizes bitcoin either as a business asset or as a means of payment transactions. And as we know so far the bitcoin legality is still a consideration for governments in various countries.
Looking at that fact is it possible bitcoin will be the currency of a country? And can bitcoin change the country's economy for the better?
for a country to accept the BTC it is unlikely that, even from the point of view I find that all central banks will refrain from debating this matter in more detail, this is because the issue that is often played is the secret of holders and transactions that enable the occurrence of abuse in money laundering and terrorist financing in addition, the BTC does not represent any country and has separate with development by teams that shape the economic landscape in our own mold without intervention from any financial institution and this is in contrast to the 8 world giants currency that have political power and economic relations strong with all countries and compete with each other through geo-political and economic static but in the event that have a country recognizes BTC as their country currency it will be a matter that really happens beyond the reach of the mind. we can assume it is a success and will change the world economy landscape completely.
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cdog
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March 06, 2018, 01:08:04 PM |
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The popularity of bitcoin has now grown so rapidly that almost everyone in different countries recognizes and utilizes bitcoin either as a business asset or as a means of payment transactions. And as we know so far the bitcoin legality is still a consideration for governments in various countries.
Looking at that fact is it possible bitcoin will be the currency of a country? And can bitcoin change the country's economy for the better?
I think Bitcoin will not be the currency of a country because Bitcoin is secret and its appearance no one knows, bitcoin from which country? many people say from japan but i am not so sure of that statement.
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Dudeperfect
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March 06, 2018, 01:17:18 PM |
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I don't think that in the democratic environment, anything like this is possible because we elect some representatives to represent us but they want to control the things on behalf of us so as a governing authority, they don't want us to hold our values as they seek the control on it. Thus, I am not expecting Bitcoin to emerge as a national currency of any democratic country.
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Md Saad
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March 06, 2018, 01:37:07 PM |
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Since this platform is becoming popular and profitable around the world so that it will become a large platform in the future. So day by day every country will get this one as their currency because of the public demand. In this way, Bitcoin will become the country's currency...
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tegarp90
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March 06, 2018, 02:14:19 PM |
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No way, bitcoin is not ready yet to be a global currency or a country currency, that country will be broke because the slow speed transaction and high fee. But i think one day it can be, bitcoin is growing.
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Cofee mix
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March 06, 2018, 02:18:41 PM |
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If bitcoin becomes a country's currency it's a good news, and the country will be more famous because all the people use bitcoin as a means of payment, and the country will be known with excellent technology because they use virtual currency.
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whirlcoin
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March 06, 2018, 02:19:28 PM |
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No way, bitcoin is not ready yet to be a global currency or a country currency, that country will be broke because the slow speed transaction and high fee. But i think one day it can be, bitcoin is growing.
Maybe they can create their own crypto currencies for their country but they can't use bitcoin as their only currency becaue its availability is less and I don't think a government will make a decentralized currency as their currency.
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Mainman08
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March 06, 2018, 02:23:42 PM |
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If bitcoin will become a currency of a country. Its a good news for those people who have bitcoin in their possenssion and know how bitcoin works. But bad news for those poor and uneducated people. Because they don't know what bitcoin is and how to use it.
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Xester
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March 06, 2018, 02:27:30 PM |
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The popularity of bitcoin has now grown so rapidly that almost everyone in different countries recognizes and utilizes bitcoin either as a business asset or as a means of payment transactions. And as we know so far the bitcoin legality is still a consideration for governments in various countries.
Looking at that fact is it possible bitcoin will be the currency of a country? And can bitcoin change the country's economy for the better?
Bitcoin can change the country's economy for the better there is no doubt about it. Considering that many unemployed was able to have some earnings because of bitcoin and other cryptocurrency. As if it is possible that bitcoin will be the currency of a country, I do not think so. Since it is being used on same rate same price on the whole world.
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RioAnjay
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March 06, 2018, 02:32:08 PM |
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I do not think it's easy to convert a local currency into a bitcoin currency, but if bitcoin is used as a digital transaction tool that applies across the country I think it can be realized. it all depends on the policies of all countries
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bitcoinVPSD
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March 06, 2018, 02:34:59 PM |
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No, I do not think bitcoin can become a national currency. high payment costs and slow transactions. Can not use bitcoin to pay for daily expenses. Governments can hardly control all bitcoins in their country. I think there should be some improvements to make bitcoin better
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Harley29
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March 06, 2018, 06:36:57 PM |
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I do not think that it is realistic, and I also do not think that it should be controlled by government.
Right now bitcoin is not controlled by the government and bitcoin is the free currency but and much as time passing bitcoin being so famous and now government of the country is trying to take the command and I think it will be good because more people will be able to use bitcoin as a regular currency, bitcoin is very easy and reliable to use and it is a source to transact money from one country to the other without any problem and worry of lose as these kind of transaction is being done within hours now.
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Raisul Islam
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March 06, 2018, 06:44:25 PM |
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Bitcoin is illegal in many country.But if bitcoin becomes our country currency ,it will be great for us.If bitcoin legal in my country.I will bear all of my daily necessary by bitcoin suce as my tution fees,my shopings,my net bills etc.it will be easy for me to buy anything in anytime by bitcoin.
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TorbiK
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Diagon
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March 06, 2018, 06:46:56 PM |
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While in the network Bitcoin will not get the opportunity to make instant payments. No one government will even think about it.
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fistteam
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March 06, 2018, 06:48:48 PM |
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I think that will never happen. In my country, the government does not accept bitcoin. The government does not control the development of bitcoin, the govement can’t apply taxes with bitcoin so they have banned bitcoins. Moreover, many people do not know what bitcoin is.
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GENATUM
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March 06, 2018, 06:50:22 PM |
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prtty2gal2
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March 08, 2018, 07:47:14 AM |
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The popularity of bitcoin has now grown so rapidly that almost everyone in different countries recognizes and utilizes bitcoin either as a business asset or as a means of payment transactions. And as we know so far the bitcoin legality is still a consideration for governments in various countries.
Looking at that fact is it possible bitcoin will be the currency of a country? And can bitcoin change the country's economy for the better?
Yes, bitcoin legality is still a consideration in many countries, but I don’t think that bitcoin will ever be legalised as an official currency by many countries. Bitcoin is quite volatile and has scalability issue that makes it not fit for being a currency. If bitcoin is ever made a legal currency in any country, it can improve the financial status of the country but it can also prove to be opposite due to volatility of bitcoin. So according to me bitcoin can be termed as an asset, but not as a currency. Its just a store of value nothing more.
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taeewo
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March 08, 2018, 07:50:44 AM |
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That can't be possible because of the volatility nature of it and if such will happen it will only be adopted by few advanced countries..
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