First thing i will do if Bitcoin become legal tender globally

[fuguebtc]

WHAT IS THE FIRST THING YOU WILL DO IF BITCOIN BECOMES GLOBALLY ACCEPTED JUST LIKE THE INTERNET?

If after bitcoin is widely accepted around the world and bitcoin retains its volatility, then I don't think too much will change for me. I will continue to accumulate and invest in bitcoin and will probably use it to pay for a place that accepts bitcoin.
In my opinion, bitcoin adoption globally is going to happen soon, but I do not believe bitcoin adoption will become legal tender globally, that is just not going to happen, they are two completely different concepts.

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The problem is bitcoin will never become a global legal tender, legal tender means bitcoin is considered an official currency, I don't think countries like US or china will do that. They are not stupid enough to let bitcoin kill their national currency, and I don't expect that to happen because then it's more likely that bitcoin will become stable.

[KennyR]

The problem is bitcoin will never become a global legal tender, legal tender means bitcoin is considered an official currency, I don't think countries like US or china will do that. They are not stupid enough to let bitcoin kill their national currency, and I don't expect that to happen because then it's more likely that bitcoin will become stable.

Maybe that's true, when bitcoin is accepted all around the world surely this will tend to have the stable market. This is completely against the equation of the innovator. Even the users are much attracted by the volatile nature of the market. Countries want their control over the people's money and for the same they fear of the bitcoin and are into developing their own CBDC.

[Gallar]

WHAT IS THE FIRST THING YOU WILL DO IF BITCOIN BECOMES GLOBALLY ACCEPTED JUST LIKE THE INTERNET?
For me I will open my Bitcoin mining farm that will be public with a website and registered under the law for clients that will want third-party services that will align with global best practices of cryptography and digital asset management.

if bitcoin is accepted like the internet, it will be a special happiness for me, and will be a breath of fresh air for bitcoin investors.
and if bitcoin is legal all over the world, maybe I will invite my friends or relatives to join in bitcoin investment, because now bitcoin in my country is still not very open, so I better not teach bitcoin to anyone except my family.

[Sebas.tian]

WHAT IS THE FIRST THING YOU WILL DO IF BITCOIN BECOMES GLOBALLY ACCEPTED JUST LIKE THE INTERNET?

I will start accepting Bitcoin as a payment in my business, which I know it will help me to improve in profits making and to have more customers around My business in the environment. Many people are afraid of moving money to some companies to purchase raw materials to process their products which it will be an opportunity for such people to use the opportunity to purchase any kind of raw materials and pay with Bitcoin since Bitcoin is fully legalized in the country. I think, I will achieve so much money from my business because many business men will not have idea on that particular system of accepting Bitcoin as a payment.

[posi]

The problem is bitcoin will never become a global legal tender, legal tender means bitcoin is considered an official currency, I don't think countries like US or china will do that. They are not stupid enough to let bitcoin kill their national currency, and I don't expect that to happen because then it's more likely that bitcoin will become stable.

Maybe that's true, when bitcoin is accepted all around the world surely this will tend to have the stable market. This is completely against the equation of the innovator. Even the users are much attracted by the volatile nature of the market. Countries want their control over the people's money and for the same they fear of the bitcoin and are into developing their own CBDC.

Honestly, if bitcoin is accepted all over the world and becomes stable, I would rather accept the present because if bitcoin is stable, it really isn't attractive anymore. Most of the 99% of us are here for the profit it brings, not because of the technology or the decentralization it gives us. People are putting profit first, and then it's technology.
But I wouldn't have to worry about that because bitcoin won't become legal tender worldwide, it's almost impossible. A power like the US will never let any currency replace the dominant position of the USD.

[yazher]

I will just start to use bitcoins to pay for anything I buy in the market and in other stores to make it more regular and for the people to get used to it. It's a good idea anyway because I don't have to worry to bring a bag of cash just to go to the market and at the same time, I can pretend as if I am not bringing any money with me.

The least we can do if that's gonna happen is not use fiat anymore to fully support bitcoins or minimize on using fiat so that the banks will no longer have the authority to control our money and it's gonna e total freedom for us.

[Marvell1]

WHAT IS THE FIRST THING YOU WILL DO IF BITCOIN BECOMES GLOBALLY ACCEPTED JUST LIKE THE INTERNET?
For me I will open my Bitcoin mining farm that will be public with a website and registered under the law for clients that will want third-party services that will align with global best practices of cryptography and digital asset management.

For now, bitcoin is still an investment asset for me, so if that happens, nothing will change, bitcoin is still my preferred choice in my portfolio. Additionally, once bitcoin becomes legal tender, meaning we can use bitcoin for payments anywhere in the world, I just like everyone else use it as a payment method. I never intended to open a Bitcoin mining farm like you, but I will definitely step up to invest in bitcoin because then it really becomes as safe as gold.

[Maestro75]

WHAT IS THE FIRST THING YOU WILL DO IF BITCOIN BECOMES GLOBALLY ACCEPTED JUST LIKE THE INTERNET?

Because bitcoin is digital money it can not be globally accepted as a legal tender. But it can be globally known or heard of. Countries already have their different legal tenders and some of them are going to see accepting bitcoin for replacement as a let down to their countries. The internet is globally accepted because it has no competition and people see how helpful it is.

For me I will open my Bitcoin mining farm that will be public with a website and registered under the law for clients that will want third-party services that will align with global best practices of cryptography and digital asset management.

How is that going to be possible in a country without steady electricity supply or you do not know that setting up a bitcoin mining farm is largely dependent on that?

[Obari]

I've been having similar thoughts on what I will really do if Bitcoin gets accepted globally but on the other hand, my country has been one of the countries that kicks against the use if Bitcoin and this only has been one of the major reasons while we have been suffering in the crypto Industry.
But answering your question, I was hoping on starting a physical exchange shop for my Bitcoin transactions if Bitcoin becomes a global legal tender and not just a global legal tender but if it atleast gets accepted in my local country.

[Erumo]

If Bitcoin becomes a legal tender globally, I think I and other wont do anything special. Why do you anyone think that this should be celebrated specially? OK, I agree that opening a bottle of champagne is acceptable. But going crazy spending? I think Bitcoin owner does not like much attention from authorities. I think people will continue live their normal life. They will simply be granted and access to sort of a "extra plastic card to make purchases". Most of users here already are familiar of how to turn crypto to fiat quick and save. So I expect nothing much from that globalization. 

first and foremost, i believe such situation will only happen theoretically as i don't think many countries will give up their fiat. but fine, if btc will be a legal tender, then great! yes, you don't need to celebrate extravagantly, just do your things that you think you can take advantage of the situation. as the government will have hard time tracking their people about their btc's dealings, some will indeed use this to hide from paying taxes, who knows? so do you really think most governments will agree to this situation?

A lot of people awaits the moment when Bitcoin will be a legal tender in the States, Russia and China. Imho, its is not a big deal if small countries starts accepting Bitcoin legally. Take a look on Salvador. Is cryptocurrency community receiving huge benefits or feeling still very happy about Bitcoin there? People wait when three huge whales, on which world stands on, makes Bitcoin legal. Will States, Russia and China ever give up on their national currency? I guess we will never know. When this really happens, then people would really do a lot and crazy or memorable things. Till then, many will only celebrate it with only posts on the forums.

[gunhell16]

I believe I will open my own business and accept Bitcoin as payment method since people will surely excited to use Bitcoin for their purchase. There will be a demand for business that accepts Bitcoin that time which is very good to earn more profits from the Bitcoin craze.

Also buying goods on our super market using Bitcoin as direct payment is cool. Imagine you are going on the wet market to buy fresh fish while local sellers accepts Bitcoin payment for small purchase. I just hope that transaction fee that time will be cheaper through the use of more developed lightning network because there will be a problem on huge fee if this kind of mass adoption really happened.

Why don't you try to start a business now and do what you say, dude, the other merchants in different countries are already doing what you say even if it's a small business in traditional business.

Even in El Salvador, what you say is already being done as legal tender currency in this country apart from the plan you say. And I also think that everyone's acceptance of bitcoin is different in my opinion.

[fadhilz123]

if bitcoin is accepted like the internet, it will be a special happiness for me, and will be a breath of fresh air for bitcoin investors.
and if bitcoin is legal all over the world, maybe I will invite my friends or relatives to join in bitcoin investment, because now bitcoin in my country is still not very open, so I better not teach bitcoin to anyone except my family.

Telling more people around you about Bitcoin for me is not too important because they still don't necessarily want to listen to it and accept it like they accept fiat money. But telling Bitcoin stuff to my own family I think is the right thing to do because whatever we are facing in this world is definitely the first group that will see us is the family so it's not wrong if you tell Bitcoin to your own family before telling things it to someone else.

[jokers10]

Big money gets saved and will be in the pocket of common man. Banks make good money through the transactions support and they have control over the users money.

Once everything gets legal I'll have a banking system to support the people who find it hard to invest and buy cryptocurrencies. Simply this will serve as the bitcoin bank, however it is not good. But I prefer doing it to help people who are not good with technology.

Hope there will be enough apps and hardware devices for even not so involved people will have an opportunity to do their finances without any banks. Bitcoin was made to not to have need in a third party like bank. Hand on heart bank system is easier and cozier than bitcoin, but bitcoin gives you an opportunity to control your own money. Banks are for old fiat system, crypto should work without third parties.

[S A KHAIR]

No need to wait for bitcoin to become legal tender, as long as my country accepts bitcoin, I will immediately make bitcoin a means of payment for my business. I will have a preferential policy for customers if they use bitcoin to pay at my business. I really look forward to this in my country.

[kryptqnick]

If (when) Bitcoin becomes legal tender in my country, I will designate a wallet for daily expenses which won't have much in it but will be convenient to use on a phone, and I'll go to a grocery store to buy my basic set of food for a couple of days with this money. To me, that would be a ritual to feel the difference. I don't see it in a business-oriented way like the op does. I would just be happy that we're at that point, even if it's not global but gets more widespread than it currently is. I don't believe that Bitcoin will be as widespread as the Internet, though. Especially if we consider how much time people spend online and time they can spend with Bitcoin. However, I do think we'll see more countries allowing it as a form of payment.

[_BlackStar]

There are actually two principles for someone who buys bitcoin: First, bitcoin as an investment/trade and second, bitcoin as a means of payment. These two users have different mindsets about what bitcoin are for and how they spend them. If you're using bitcoin just to pay for something, then you probably won't even think about why you should be holding it.

But in fact, current bitcoin users tend to buy bitcoin because of their interest in investing ^{[short term or long term].} I don't entirely blame his passion, but basically bitcoin was created as better currency than fiat.

I'm investing more in bitcoin than adopting it as a means of payment, but it's always possible for me to spend some of it to pay for something online even if I have to make cross-border transactions. It's obviously possible for anyone, but the two principles you're talking about are what I agree with.

[xSkylarx]

The first thing you should do is purchase a bitcoin, as you will need it to spend on items that fiat currency cannot purchase on that time. Though I can't really think what I will do at that time, I was thinking what will happen to the price at that time; is it going to stabilize? or drops or increases its price. However, if this becomes legal tender, many people will mine it in the same way that we mine gold and other valuable gems in our world. You will know for certain that time that it will be cashless transactions and you will not see any paper money or coins because we are all using bitcoin. 

[Agbe]

We all will agree that most countries around the world have had a misconception about bitcoin which has lowered the rate of Bitcoin adoption globally, various countries with their own mode of Bitcoin view the authoritarian states like china will have a total ban on Bitcoin even though it is an impossible thing since bitcoin is decentralized uncontrollable and independent.

Even with all this, Bitcoin has continued to consistently thrive to pursue its true mandate and even though a few numbers of Bitcoin adopters and bitcoin have been perceived as illegal, and public display of Bitcoin can be prosecuted through states laws that ban Bitcoin authoritatively e.g china and other countries in Africa and other part of the world that have one or two regulations.

WHAT IS THE FIRST THING YOU WILL DO IF BITCOIN BECOMES GLOBALLY ACCEPTED JUST LIKE THE INTERNET?
For me I will open my Bitcoin mining farm that will be public with a website and registered under the law for clients that will want third-party services that will align with global best practices of cryptography and digital asset management.

Yes..some countries even call it bad money or scammers idea. I don't believe that china is authoritatively ban bitcoin, I am sensing something that china is play a game of disguise. A friend of mind was discussing with me when I visited him in the city, he said, China is among the creation of bitcoin and here people are saying that china bans bitcoin, yes it is possible that they ban it but they are using it to create anonymity. Nobody can stop bitcoin because they didn't control the coin but the coin is control by the owner of the wallet.
Bitcoin is already global accepted but not global used (global legal tender), it is when legal tender globally then the use of bitcoin will be interesting. Even without globally accepted you can still have your mining farm. This is the best time.

[Bitstar_coin]

Well first thing first, walk up to any store to buy cold  drink with my btc wallet to confirm it to be true,  because as a global legal tender I expect every local stores to receive the announcement and immediately start accepting btc for transactions.

What will follow is accepting btc in my business or perhaps request to get paid with btc in my place of work (that will be cool) and just enjoy having btc as a legal tender.