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Author Topic: Bitcoin can be a national treasure.  (Read 3667 times)
Suketlapangan
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August 17, 2018, 09:03:26 AM
 #81

bitcoin does not belong to one country, many countries have used it, there are countries that have prioritized bitcoin because the government has supported it, while in some countries it still considers gold as their country's treasure .
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August 17, 2018, 09:03:33 AM
 #82

I dont think it can ever be used as national treasure. It increases the decentralization and will be a personal treasure to the people who are holding it.

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August 17, 2018, 09:03:45 AM
 #83

Bitcoin is truly a treasure for someone who achieved even a single piece of it. Its value transcends that of a precious gold dust, proven that most people spend most of their time and effort to gain one bitcoin atleast. One can say that a bitcoin can replace everything; from salary, currency and that of a treasure. A country with its citizen having much reserve of bitcoins can be a powerful economic advantage.

Can we consider bitcoins as national treasure of a country comsidering its economic significance?


it may indeed happen in the future.
but as of now all of the things you have stated above sounds an exaggeration for me.
because as of now bitcoin isn't accepted by every people worldwide as a currency.
some doesn't even know about it yet.
that is why we still needed to educate others about this.

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August 17, 2018, 09:10:41 AM
 #84

Now it plays a big role in our society and our economy, making people rich and achieving their goals in life with the help of bitcoin.
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August 17, 2018, 10:28:39 AM
 #85

The way bitcoin is expanding itself, it looks like it will grow more in future. So it looks like a great asset for people. I think it can be a great investment.
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August 17, 2018, 11:20:37 AM
 #86

Yeah I think bitcoin can be a national treasure. It has that potential. And now the whole world is involving in online transaction so there is more possibility that one day it will be a common currency and be a national treasure.
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August 17, 2018, 11:35:14 AM
 #87

Bitcoin is truly a treasure for someone who achieved even a single piece of it. Its value transcends that of a precious gold dust, proven that most people spend most of their time and effort to gain one bitcoin atleast. One can say that a bitcoin can replace everything; from salary, currency and that of a treasure. A country with its citizen having much reserve of bitcoins can be a powerful economic advantage.

Can we consider bitcoins as national treasure of a country comsidering its economic significance?

This is an interesting question because there is no country which can be in charge of Bitcoin because it is still decentralized and it's not able to be owned by any country in the world.

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August 17, 2018, 11:50:09 AM
 #88

In my opinion, bitcoin is the most sophisticated and newest development and also has no inflation, maybe when Bitcoin turns out to be a very valuable treasure.
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August 17, 2018, 11:52:19 AM
 #89

If we have a look on the revolution of BTC in recent years then it is definitely remarkable. And BTC is becoming mainstream worldwide gradually so there are possibilities for it to be a national treasure.
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August 17, 2018, 11:57:37 AM
 #90

Bitcoin is truly a treasure for someone who achieved even a single piece of it. Its value transcends that of a precious gold dust, proven that most people spend most of their time and effort to gain one bitcoin atleast. One can say that a bitcoin can replace everything; from salary, currency and that of a treasure. A country with its citizen having much reserve of bitcoins can be a powerful economic advantage.

Can we consider bitcoins as national treasure of a country comsidering its economic significance?

yes it looks like bitcoin can be a national treasure, but I think maybe the country will imitate bitcoin and make digital coins themselves
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August 17, 2018, 11:57:51 AM
 #91

It is undeniable that the development of BTC is immensely flourishing and it is being anticipated by the experts that by 2030 BTC could be the world’s largest digital currency so I think it is possible.
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August 17, 2018, 11:59:06 AM
 #92

Bitcoin is truly a treasure for someone who achieved even a single piece of it. Its value transcends that of a precious gold dust, proven that most people spend most of their time and effort to gain one bitcoin atleast. One can say that a bitcoin can replace everything; from salary, currency and that of a treasure. A country with its citizen having much reserve of bitcoins can be a powerful economic advantage.

Can we consider bitcoins as national treasure of a country comsidering its economic significance?


yes absolutely,, but that only depends on its high value,, which makes it a bit contradictory on it being considered a national treasure
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August 17, 2018, 12:02:33 PM
 #93

it's true ...
I myself always hope to get
 one botcoin even though everything
 is impossible for me
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August 17, 2018, 12:04:10 PM
 #94

Bitcoin is truly a treasure for someone who achieved even a single piece of it. Its value transcends that of a precious gold dust, proven that most people spend most of their time and effort to gain one bitcoin atleast. One can say that a bitcoin can replace everything; from salary, currency and that of a treasure. A country with its citizen having much reserve of bitcoins can be a powerful economic advantage.

Can we consider bitcoins as national treasure of a country comsidering its economic significance?


Think of the organizational issues. It's just not a pragmatic solution for governments. They wouldn't want to have the whole country functioning on something that is out of their hands. They like to promote the illusion of democracy and free choice when in reality they seem to believe that they need to be in power to guide the poor.

A centralized system of governance cannot run on a decentralized monetary system. They would feel powerless. Only when we can achieve decentralized systems of governance through live democracy would something like this work
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August 17, 2018, 12:05:35 PM
 #95

Bitcoin can be a treasure , but i dont think it will become a national treasure . Because some country banning bitcoin , some government against bitcoin.  So it can only be a treasure for the country that are free on using bitcoin .
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August 17, 2018, 12:11:46 PM
 #96

if you are considering it as a national treasure, no it can't be. In order to be a national treasure it has to belong to a nation or a if i'm not mistaken a group of nations it can also be. Bitcoin does not belong to anywhere but instead to everywhere and everyone who has any portion of it.
As for a national asset, well, that can be done yes. Actually there is a small principality that has BTC as his current coin https://en.wikipedia.org/wiki/Principality_of_Pontinha
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August 17, 2018, 12:39:58 PM
 #97

Yes it has definitely revolutionized the traditional currency system.

It has made significant impact for some countries who were dealing with problems like inflation which can be of value when fiat collapses.
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August 17, 2018, 12:44:53 PM
 #98

Bitcoins can also be called treasures. But now, Bitcoin and some other currencies may explode. However, in the future Bitcoin still stands firmly on the market quickly.
Bitcoin is a treasure which can be won or earned by us. This indeed is a good investment and multi profitable currency which can be much more profitable for us. Hence i think that the OP is saying it correctly. Bitcoins are a treasure for us which can make us rich.
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August 17, 2018, 01:04:06 PM
 #99

No, because it's not a store of value. It's interesting for a country to have as "national treasure" assets that don't depreciate its price, like precious metals, or any other good that has an intrinsyc value for an example. Bitcoin is very volatile and can compromise the country's economy a lot due to its fluctuations.

 
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August 17, 2018, 01:20:01 PM
 #100

This is a bad idea to consider bitcoin to be a national treasure or as a treasure. Bitcoin is a cryptocurrency who intended purpose is to transact goods and services. Bitcoin is meant to be an alternative option for payment.  It is wrong to consider bitcoin as a treasure.......
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