Can Bitcoin become currency a new State?

[SventraPapere]

This is a very serious statement!)On the one hand, nothing can prevent the creation of a new state.To do this, you can even buy some kind of uninhabited island,they by the way are not as expensive as it seems.To gather the population of the holders of the cryptocurrency.Coordinate it all at the Federal level.Assign bitcoin as the main currency of the State.And manage all Affairs from anywhere in the world through your PC))) the Question as usual only in who will be the President and how long he will be given to exist the powers that be)))) for such cases, we need a very very serious connection)))))))))))))))))))))))))

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[378budiman]

if in my opinion, at the moment I still cannot become a new currency, especially now that my country has not passed the bitcoin currency, even though in some countries it has been ratified.

[Ashwin Kumar]

I think it won't take place for currency where mostly use it only for virtual purposes even govt won't support this as it will vanish fiat currency so bitcoin will stay like right situation.

[MAJICOIN]

All the new hopes and new innovations are connected with bitcoin and people think that bitcoin is the super hero which will solve every thing but in this world for every success behind a great hard work and talent is behind so in these days may we don't see that bitcoin outcomes but i am sure that bitcoin will become currency of the new state in the world and they will be the technology fathers they will use it for everything and through this it will become model for the rest of the world.

[bangkecol]

I think the State has very relevant thoughts, such as being anonymous without using ID as sender and recipient, giving a tremendous impact on the country, because it can cause criminals to freely use this action as an easy criminal. Maybe if there is an institution that oversees this transaction, it will be one good way to make the country think about this cryptocurrency.

[FlightyPouch]

I think it won't take place for currency where mostly use it only for virtual purposes even govt won't support this as it will vanish fiat currency so bitcoin will stay like right situation.

It is obvious that they would not accpt Bitcoin as their fiat currency in theor country. Who would want to use a currency that can be manipulated by the whales, amd that also means that their economy will be controlled by that certain manipulator. Bitcoin will never be a curremcy of a state or a mew state, it will stay as an investment.

[sirohige]

maybe it will be very difficult to happen because the total supply of bitcoin which is very limited makes the condition of bitcoin prices will never be stable and will be dangerous because it can harm some people.

[Pikachu12]

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?

I know you like Bitcoin and like the Cryptocurrency market. But I think your views should be realistic and logical. This is an idea but it will never happen to our world. Technology has the strengths of technology, it just makes our world better.

[vrap.pm]

I do not think so that bitcoin will help to create an independent state (nation), just because exists. The current nations of the world have more than a word to say about what they want of bitcoin. If nations laws regulates bitcoin and do not ban it than we can have bitcoin has a reserve of wealth, or a coin, within states that aproved it.

[reverseflash]

Needless to say, the state can designate Bitcoin as the state currency, but how can this turn out for the state? Dependence on the market, which they can not regulate? Instability will never lead a country’s economy to prosperity. The best option can only be your own token that can be controlled.

[Dextract]

In my opinion no since every currency has a stable price and btc doesn't so in my thinking maybe stable coins can be a states currency

[Baser]

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?

Just don't think of it as a state. Bitcoin, I think the world money. Small accounts need not be done. We have to make better quality dreams. Bitcoin is larger than a state or institution.

[nebiki]

In my opinion no since every currency has a stable price and btc doesn't so in my thinking maybe stable coins can be a states currency

I don't think there is a stable currency, we know that in the real world the benchmark currency, the dollar and the dollar, can also rise, as in the crypto world. there is no stable coin because each coin price can change at any time.

[ubay]

Over time Bitcoin will become one of the obligatory currencies in the world. But all that needs a process, nothing is instant.

[Argoo]

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?

Do you think that to create a new state does not need a territory? Very strange reasoning. In some countries, only for this can be held criminally liable for treason.
As for the possibility of using Bitcoin as the main currency of any, including the new state, this is generally not possible. Any state must have its own economy, and the economy must be connected and interact with national money. Bitcoin, like any decentralized cryptocurrency, can not have this interaction. In this case, it will exist by itself, and the economy itself. In the end, it will not lead to anything good.

[sari_]

if I think it's possible if there is a new country. but until now the country has its own currency bro. maybe the way one will happen. they accept bitcoin legally like their country's currency

[rosemary4u]

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.

That is what most people in the world of crypto are hoping for. Bitcoin can reach even greater heights when the level of acceptance increases around the world. I believe bitcoin would become the universal currency most of  us are expecting to happen.

[kucritt]

i dont agree with this statement, i think it will very hard to make a new state with use bitcoin as the currency, you should ask permission for make a new state with the digital currency as the main currency

[ngerok]

maybe it will be very difficult to happen because the total supply of bitcoin which is very limited makes the condition of bitcoin prices will never be stable and will be dangerous because it can harm some people.

yes, you are right. it is impossible for bitcoin to become a new currency for a new country. Bitcoin is great in the digital world and not strong enough in the real world as a transaction tool. there is still a lot that must be fulfilled by bitcoin to become a country's currency. I strongly support bitcoin to become stronger in the digital world.

[budrabut]

Even though bitcoin has huge potential and many countries now is seeing the opportunity of bitcoin, this  will never be a currency for certain states. It is principally created by a decentralized method, of course it will be the opposite the aims of crypto blockchain technology. In addition, there are a lots of problems that will raise if a particular country use Butcoin as the currency even this for nee state.