RockHound (OP)
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May 03, 2014, 03:25:51 AM |
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Sorry for the title - Been watching too much Game of Thrones I remember when the EUR was introduced, at the time sparked many debates here in the UK about whether we should change our GBP to EUR, along with gradual acceptance from France, Spain, Northern Ireland to name but a few. But who (which group) actually gave the go-ahead to change their fiat currency to EUR? Certainly wasn't put to public vote. Queen Elizabeth II is head of state for her sovereignty, known as the Commonwealth realm. I think this includes 16 Countries and her face is printed on something like 20+ different fiat currencies. So my point is, if we get her in a room and make her watch The Rise and Rise of Bitcoin, will she have the power to make BTC the currency of the Commonwealth?
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RockHound (OP)
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May 03, 2014, 03:47:37 AM |
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or Doge, whatever..
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Brangdon
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May 04, 2014, 01:33:37 PM |
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No. She has a lot of influence, but not a lot of power.
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Bitcoin: 1BrangfWu2YGJ8W6xNM7u66K4YNj2mie3t Nxt: NXT-XZQ9-GRW7-7STD-ES4DB
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Aswan
Legendary
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Activity: 1734
Merit: 1015
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May 04, 2014, 01:46:40 PM |
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Sorry for the title - Been watching too much Game of Thrones I remember when the EUR was introduced, at the time sparked many debates here in the UK about whether we should change our GBP to EUR, along with gradual acceptance from France, Spain, Northern Ireland to name but a few. But who (which group) actually gave the go-ahead to change their fiat currency to EUR? Certainly wasn't put to public vote. Queen Elizabeth II is head of state for her sovereignty, known as the Commonwealth realm. I think this includes 16 Countries and her face is printed on something like 20+ different fiat currencies. So my point is, if we get her in a room and make her watch The Rise and Rise of Bitcoin, will she have the power to make BTC the currency of the Commonwealth? apparently is was up for Vote in Croatia recently. They had a 51% pro and 49% against EUR vote so it was decided that they adapt the EURO and now soon they will get it. Such a close Vote... and they just do it... wtf... thats what I heard from someone when I was their for holiday last fall.
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boumalo
Legendary
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Activity: 1890
Merit: 1018
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May 04, 2014, 01:51:05 PM |
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Sorry for the title - Been watching too much Game of Thrones I remember when the EUR was introduced, at the time sparked many debates here in the UK about whether we should change our GBP to EUR, along with gradual acceptance from France, Spain, Northern Ireland to name but a few. But who (which group) actually gave the go-ahead to change their fiat currency to EUR? Certainly wasn't put to public vote. Queen Elizabeth II is head of state for her sovereignty, known as the Commonwealth realm. I think this includes 16 Countries and her face is printed on something like 20+ different fiat currencies. So my point is, if we get her in a room and make her watch The Rise and Rise of Bitcoin, will she have the power to make BTC the currency of the Commonwealth? You could try to teach her sons about Bitcoin so they can influence the rest of the world
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LMGTFY
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May 04, 2014, 03:33:22 PM |
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Sorry for the title - Been watching too much Game of Thrones I remember when the EUR was introduced, at the time sparked many debates here in the UK about whether we should change our GBP to EUR, along with gradual acceptance from France, Spain, Northern Ireland to name but a few. But who (which group) actually gave the go-ahead to change their fiat currency to EUR? Certainly wasn't put to public vote. Queen Elizabeth II is head of state for her sovereignty, known as the Commonwealth realm. I think this includes 16 Countries and her face is printed on something like 20+ different fiat currencies. So my point is, if we get her in a room and make her watch The Rise and Rise of Bitcoin, will she have the power to make BTC the currency of the Commonwealth? The Commonwealth includes countries like India where the Queen isn't Head of State, and even countries like Mozambique which have never been ruled by a UK monarch. That aside, probably not - in theory the Queen is Head of State and has executive power (which she does sometimes use); in practice most executive power rests with the governments. Put another way - can you imagine how please Canadians would be if the Queen told them they had to drop the Canadian dollar in favour of... well, anything!
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RockHound (OP)
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May 04, 2014, 06:17:12 PM |
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Sorry for the title - Been watching too much Game of Thrones I remember when the EUR was introduced, at the time sparked many debates here in the UK about whether we should change our GBP to EUR, along with gradual acceptance from France, Spain, Northern Ireland to name but a few. But who (which group) actually gave the go-ahead to change their fiat currency to EUR? Certainly wasn't put to public vote. Queen Elizabeth II is head of state for her sovereignty, known as the Commonwealth realm. I think this includes 16 Countries and her face is printed on something like 20+ different fiat currencies. So my point is, if we get her in a room and make her watch The Rise and Rise of Bitcoin, will she have the power to make BTC the currency of the Commonwealth? apparently is was up for Vote in Croatia recently. They had a 51% pro and 49% against EUR vote so it was decided that they adapt the EURO and now soon they will get it. Such a close Vote... and they just do it... wtf... thats what I heard from someone when I was their for holiday last fall. Cheers Aswan, good it's left to public vote in Croatia. Part of me still thinks it's ultimately decided by banking groups + government partnership
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RockHound (OP)
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May 04, 2014, 06:29:02 PM Last edit: May 05, 2014, 01:24:22 AM by RockHound |
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Sorry for the title - Been watching too much Game of Thrones I remember when the EUR was introduced, at the time sparked many debates here in the UK about whether we should change our GBP to EUR, along with gradual acceptance from France, Spain, Northern Ireland to name but a few. But who (which group) actually gave the go-ahead to change their fiat currency to EUR? Certainly wasn't put to public vote. Queen Elizabeth II is head of state for her sovereignty, known as the Commonwealth realm. I think this includes 16 Countries and her face is printed on something like 20+ different fiat currencies. So my point is, if we get her in a room and make her watch The Rise and Rise of Bitcoin, will she have the power to make BTC the currency of the Commonwealth? The Commonwealth includes countries like India where the Queen isn't Head of State, and even countries like Mozambique which have never been ruled by a UK monarch. That aside, probably not - in theory the Queen is Head of State and has executive power (which she does sometimes use); in practice most executive power rests with the governments. Put another way - can you imagine how please Canadians would be if the Queen told them they had to drop the Canadian dollar in favour of... well, anything! Cheers for the info, Yeah I don't believe Canadians would be too happy at first, UK, likewise. So, most likely to be a non-sovereign state/country that will declare bitcoin as their nations currency/legal tender. Honestly, don't think we will see that happen within our lifetime? Bitcoin is likely to be something allied to fiat for another 2 generations??
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bluemeanie1
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May 04, 2014, 06:31:04 PM |
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Nigel Farange fan detected.Sorry for the title - Been watching too much Game of Thrones I remember when the EUR was introduced, at the time sparked many debates here in the UK about whether we should change our GBP to EUR, along with gradual acceptance from France, Spain, Northern Ireland to name but a few. But who (which group) actually gave the go-ahead to change their fiat currency to EUR? Certainly wasn't put to public vote. Queen Elizabeth II is head of state for her sovereignty, known as the Commonwealth realm. I think this includes 16 Countries and her face is printed on something like 20+ different fiat currencies. So my point is, if we get her in a room and make her watch The Rise and Rise of Bitcoin, will she have the power to make BTC the currency of the Commonwealth?
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RockHound (OP)
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May 04, 2014, 07:01:05 PM |
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Nah dude, he's against Euro integration. So would likely be against switching from GBP to BTC.
Sort of agree with him about bailouts, raw deal for the respective citizens there.
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