Can Bitcoin become currency a new State?

[Ilia5225]

I think, a lot of us saw Bitcoin like tool for freedom. Now most people look at this like opportunity for enrichment. I don’t think that rich equals freedom. I know a many rich people’s. They are far from freedom.

It is now evident that just cryptocurrencies is not sufficient to achieve the goal. We need a State at our side. But current States seek to preserve the old order.

State it is a community with uniform rules. Territorial principle don’t need for creation of the State in the 21st century. So what do you think what's to stop us to come together and creation a new State now?

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[tuturutmunding]

I think that it could happen that nothing is impossible in this world with a new government management system as well as all the new rules as we know many of all people who like and support bitcoin to become an official state currency.

[elncrow]

If BTC able to be more popular worldwide then many country will accept BTC as recognized currency then BTC will be more usable and it will be inspiration for others.

[baranovskaeirina]

I think the state is better to come up with their own cryptocurrency he sui serovno it will depend on bitcoins !

[Sukunan-]

for now it seems that it cannot, and it takes a lot of time to be accepted in all countries in the world, in Indonesia it cannot be accepted by the government and is still called illegal, because there are still many risks ..

[Farma]

for now it seems that it cannot, and it takes a lot of time to be accepted in all countries in the world, in Indonesia it cannot be accepted by the government and is still called illegal, because there are still many risks ..

I do not think so. the currency of a country has so many conditions, and one of them has a stable value in the long run. whereas bitcoin has many disadvantages in being a country's currency, moreover the price is always changing in large numbers in a short time.

[tiurminator]

So what do you think what's to stop us to come together and creation a new State now?

Are you for real?  In my opinion, cryptocurrencies is interesting because it is an alternative currency.  If crypto became the main currency, it will be just like another currency.

[Indrawan77]

Many people dreams of making a new country where bitcoin is the main currency, but believe me its not as fun as it thought, its nice to use a currency with decentralised for yourself, but for the country its a disaster, if you realise now big whales are manipulating the price, imagine your country's economic being manipulated by the big whales, all of the citizens will suffered and the country's inflation will be very fluctuative

[MarioV]

Bitcoin is getting better and better (see Lightning Network) and I think that in a few years it can become a currency in those countries whose fiat currency has collapsed miserably.

[grandepl]

it was a bit exaggerated to set up a new state. freedom may not be with money, but the freedom of crypto money does not make us free. it's look like run away.

[ranman09]

for now it seems that it cannot, and it takes a lot of time to be accepted in all countries in the world, in Indonesia it cannot be accepted by the government and is still called illegal, because there are still many risks ..

I do not think so. the currency of a country has so many conditions, and one of them has a stable value in the long run. whereas bitcoin has many disadvantages in being a country's currency, moreover the price is always changing in large numbers in a short time.

Bitcoin's quickly changing price, volatility, remains one of the problem we will encounter with bitcoin as it is still in it's infancy. Time will come that more and more people will hold bitcoin and then it will be stable. Then we can use it as a currency for a state.

[InformerKin]

for now it seems that it cannot, and it takes a lot of time to be accepted in all countries in the world, in Indonesia it cannot be accepted by the government and is still called illegal, because there are still many risks ..

Most of the times when it's illegal, then it's illegal only to make purchases with it, other than that no one will control you if you won Bitcoin and make any transfers with it to others and vice versa.

[annasadia]

If many government approve BTC as state currency then BTC will be more popular and hope make finance of this country bright.

[Bitocek100000]

I agree, bitcoin gives freedom, but it still depends on big investors and they manipulate them. But if you want to create a state, then there is already one on the blockchain. It's called decenturion.

[jiandong]

there is nothing impossible in this world with a new government management system and all new rules as we know many of those who like and support bitcoin can be accepted officially in all countries.

[lzby2000]

Bitcoin is likely to become a new national currency, and in the future the world may become more unified in terms of currency, economic and social values. Perhaps in the future the concept of a country will fade away. I think Bitcoin will play a more important role in the future.

[RadiontLoss]

The accessibility of BTC is global and it is one of the best features of it. BTC has it’s contribution in many aspects of society so if it reaches out more to the mass people then in near future probably it is possible.

[JamescrypTrader]

Bitcoin and its modern technology will bring a revolution. I believe that Bitcoin will be a new state currency and people have a time that Bitcoin will accept them as their main currency.

[tonthoduy]

it still depends on big investors and they manipulate them. its nice to use a currency with decentralised for yourself, but for the country its a disaster. Time will come that more and more people will hold bitcoin and then it will be stable.

[Tappertit]

I don’t think so. Though btc is becoming a big trend to the people and some countries of the world,but its not known to others like poor countries! Recently, Some banks of Europe has announced that they’re accepting crypto currency.