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Author Topic: Can Bitcoin become currency a new State?  (Read 2144 times)
zazarb
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October 05, 2018, 11:28:21 AM
 #141

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?

It's not a matter of course, Bitcoin will never be the main currency of any country. Because such a state simply does not survive, it will be dependent on people and corporations that make a difference on the market. Moreover, little is expected that Bitcoins will be very stable currency at a rapid pace,so a sharp fall in its course, such a state would simply perish.

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Tashi
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October 05, 2018, 11:28:36 AM
 #142

I think this idea would foil the main purpose of Bitcoin as well as other cryptocurrencies. If Bitcoin is going to be a national currency on a particular state, then it will no longer be decentralized and it’ll be handled by the government.

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October 05, 2018, 11:33:45 AM
 #143

Yes i think this is possible but there should be considerations, like bitcoin should be legally used by all countries in the world, because now there are countries that bitcoin is not welcome. This is merely possible but should be regulate in a good quality as a world currency.
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October 05, 2018, 01:15:25 PM
 #144

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.
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October 05, 2018, 01:58:52 PM
 #145

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?
Maybe in the next few years there will be those who use bitcoin as the country's currency. Because every year bitcoin is increasingly developing and accepted by countries that they think benefit the economy for their own countries.
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October 05, 2018, 02:13:02 PM
 #146

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?

It's not a matter of course, Bitcoin will never be the main currency of any country. Because such a state simply does not survive, it will be dependent on people and corporations that make a difference on the market. Moreover, little is expected that Bitcoins will be very stable currency at a rapid pace,so a sharp fall in its course, such a state would simply perish.
in my opinion bitcoin will not be able to become a currency in any country, because it does not have a clear identity. and bitcoin still depends on its users. it's very dependent, so it's not sure if bitcoin is a currency in a country
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October 05, 2018, 03:42:40 PM
 #147

That is possible if bitcoin is known worldwide. Currently, bitcoin is famous in other country. It gives an income to us and because of that there's a tendency that bitcoin will use as currency in the future.
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October 05, 2018, 03:46:50 PM
 #148

If there really exists a new country and the country uses Bitcoin as a legitimate currency. Surely that country will be known by the world. And the country will become a very popular tourist destination. And of course this will also have a positive impact on the development of Bitcoin, Bitcoin will be increasingly known by the Community.
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October 05, 2018, 04:02:30 PM
 #149

If  ever a certain country uses btc more than it's local currency and apply a tax for it, maybe it could happen. Because a certain country cannot sustain it's integrity without funds, and taxes is where the government get the funds.
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October 05, 2018, 04:07:14 PM
 #150

I think there is anything can be heppend in this crypto world,in which manner bitcoin is becoming famous and the way peoples is taking interest in it.Then that day is not too far,when the bitcoin will be everywhere and then this can be possible that the bitcoin is become a currency of any state,
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October 05, 2018, 04:16:53 PM
 #151

I'm pretty sure Bitcoin will become a new state because most of are now interact with BTC and  They are too much interest in this field, Most of government engage with Bitcoin and It is really good for future

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October 05, 2018, 04:18:49 PM
 #152

I think we shouldn't restrict bitcoin with rules
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October 05, 2018, 04:19:58 PM
 #153

Bitcoins are not for anyone to control the price for them. Bitcoins are usually going to get around by much freedom and also i think that it is not that possible to make bitcoins as a currency of a new state.
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October 05, 2018, 09:16:11 PM
 #154

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.
That's right, that's the main reason why bitcoin cannot become as a currency even though bitcoin has a "crypto currency", but bitcoin was created for the freedom to transact more widely and does not require any third party or party to confirm the blockchain transaction. So I don't think we need to expect bitcoin to become a currency anymore, because in my opinion the adoption of bitcoin has also been very good to help grow the interest of many people in bitcoin.

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October 05, 2018, 09:46:48 PM
 #155

Good joke but keep dreaming cause it's never going to happen that. Even if it would be possible there wouldn't be enough people to join together and move to a new place to live by new rules. Anyway this whole idea is too crazy and I can't even imagine how everything is going to be,how people are going to react to this, what rules are going to exist and who is going to live there. Still, I remain to my idea that this is something impossible.
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October 05, 2018, 11:18:14 PM
 #156

It would be better if many countries in the world could accept and recognize Bitcoin as a legitimate currency, even though it is difficult for now. But it is not impossible if bitcoin can be accepted by a majority of countries. So there is no need for a new country.
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October 14, 2018, 04:41:39 PM
 #157

It would be better if many countries in the world could accept and recognize Bitcoin as a legitimate currency, even though it is difficult for now. But it is not impossible if bitcoin can be accepted by a majority of countries. So there is no need for a new country.
I agree with you. It is easier to accept the country's cryptocurrency and introduce it into the existing economy.
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October 26, 2018, 09:52:29 AM
 #158

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?

This is quite possible. Because Bitcoin nowadays is a good option for purchasing products and services. This also makes someone have the option to purchase with ease. Even a kid can purchase his or her toys by just using bitcoin. This is such an improvement to our society since Bitcoin is so reliable.

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October 26, 2018, 10:15:56 AM
 #159

a new country will create its country's currency and with the approval of the world bank, so that their country's currency is recognized globally, I am not sure that bitcoin was adopted by a new country to become the country's currency. they would prefer to create their own currency.

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October 26, 2018, 10:24:04 AM
 #160

I think that bitcoin specifically is not ! Better to hold ICO and launch your own token to calculate within the country.

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