Can Bitcoin become currency a new State?

[dimiinx]

I think maybe it could be, because bitcoin technology is already good and bitcoin has had enough development. And there are also several countries using bitcoin.

I think it could be a new country currency but I have never thought if a new country using bitcoin is in fact some countries have banned the existence of bitcoin

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[kesmex]

although bitcoin is very popular and has many users, but in my opinion it is impossible to be a global currency, because bitcoin is very unstable it is not suitable to be a global currency, people in every country will still use paper money as a currency in their country.

[ETHtotheMOON1]

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?

you're right, at the early stage, it was mostly about the decentralization and freedom. Now it's pure speculation from people who want to get rich very very fast. Nothing of use there. Let's develop bitcoin as payment solution, rest will come

[nimp5good]

Legalization of the crypt carries a temporary negative, which only in the short term will have a negative impact. But in the long run, it is legalization that will contribute to the greatest distribution of the crypt among all segments of the population.

[fuer44]

actually bitcoin can be an alternative new currency for the country and I agree on that. the reason is that bitcoin has a strong value against the dollar, and it's good to reduce excess inflation in a country.

[xabre]

Maybe yes it will become currency at new state, many companies and country have allowing for using bitcoin as transaction payment. by more advantage of bitcoin it reason give more legal for bitcoin.

[131tc01n]

it is possible but not possible, because bitcoin is a decentralized currency whereas a country must have a real centralized currency, and bitcoin is also universal not intended / devoted to only one country

[nimp5good]

I'm already afraid to predict something for the near future. Not to mention the fact that to give a forecast for a year or more. Cryptocurrency is very unpredictable. But I hope to grow

[budiarmed]

I think it's difficult to happen, bitcoin is a decentralized currency and that will make it difficult for the government to control bitcoin. And the government will certainly feel objected to applying bitcoin as the currency of his country.

[jikurpa]

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

in my opinion, until now no one can predict with certainty the future of crypto currencies is only belief and if there is a new country having such a transaction a progress

[Coroline]

although bitcoin is very popular and has many users, but in my opinion it is impossible to be a global currency, because bitcoin is very unstable it is not suitable to be a global currency, people in every country will still use paper money as a currency in their country.

yes it's true, but bitcoin is the king of virtual currencies that exist, maybe it's true that it won't replace paper money or real, but bitcoin will only be king in virtual currency

[zarintasnim]

Bitcoin is allready is a currency because all over the world so many people are use bitcoin for payment.In this way who love and use bitcoin they are one state people and they have same rule. Bitcoin make world closer and easier.

[West0813]

It can be a currency of a state. As long as it will be made safer for its user. And not be controlled by only a group of people. And if a state will make bitcoin as a currency. I think the state should educate their people about it.

[Ains_sama]

that's a bad idea. get together and make a country with a new order and use blockchain and bitcoin systems, is that what you mean? if true, which country will you work with. Will the country live alone? your mind is free, but not too far away. all of these countries are testing Blockchain technology to be implemented in country rules. so be patient. the most advanced technology countries have used blockchain technology for transactions. so we just wait for the others to finish testing and accepting bitcoin well. all will be accepted calmly.

[kvipcn]

There is high probability of bitcoin becoming an accepted crypto currency to be used for transaction of goods and services. The world needs time to accept, adapt and understand the main purpose and how bitcoin will transform the financial systems in the world. It will take some time for the world to fully understand this new technology.

[aryaadikariyansyahsuwarto]

in my opinion, it could happen, provided there are countries that want to make bitcoin a currency and replace their existing national currency, I think that is quite difficult to think about, not to mention creating a new country, just to justify bitcoin there are still many countries that have not.

[mohammedmattar]

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?

State is not the only option
There are large economic institutions
Such as hedge funds and others
There are also large transnational corporations that have a say in determining global financial policy
These are closer to us than nations
Because those who govern these institutions are economists who understand our language, but those who govern states are politicians
They only care about the electoral vote.

[Burogh]

I think its hard to make bitcoin become state currency. A state should need central banks to organize lending or monetary system. Bitcoin is decentralized system and it can not control by any institution. But bitcoin can be alternative currency and become global currency

[SinarG]

The state is a combination of many principles and functions. One idea of cryptocurrency is not enough to create a full-fledged society. This idea is a modern utopia.

[bitbunnny]

Just the other day I was listening to some debate where few experts said that Bitcoin can't be considered as currency because it's not issued by some central institution, like Central bank.
Never mind that theory but I don't think that some state will embrace Bitcoin as a national currency because in economical way this is not possible.
Also to my opinion Bitcoin is not designed to belong just to some state but to be freely used all around the world.