sk8 (OP)
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August 02, 2014, 04:29:41 AM |
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Israel.
The current war between Hamas and Israel is aimed at weakening the Israeli economy. Hamas knows they aren't going to kill or scare people enough for it to significantly affect their lives. However, they also realize that Israel is spending a tremendous amount of money on Iron Dome and the rest of the army offensive. Hamas's plan is to weaken the Israeli economy, which will erode the value of the Shekel and will eventually lead to hyper-inflation. The war is going to expand to fighting in the north with Hezbullah within the next month or so, IMO.
Israel is a hotbed for technology, and I believe nationwide adoption will occur first in Israel, while the rest of the world will follow soon thereafter.
Thoughts?
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TaunSew
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August 02, 2014, 06:23:05 AM |
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The issue in adopting Bitcoin on a nation scale (I mean the people not the government) is it comes down a game of plurality.
The vast plurality of Bitcoin holders come from developed countries and/or from China, so if Israelis were to adopt Bitcoin then it would in essence be a transfer of wealth to those people. If Israel were to fully embrace Bitcoin it would probably make them even poorer than they already are.
Much like I laugh when people say Russia should put all their bonds into Bitcoin (that'ld just be money from rich Russians being transferred to middle class people in the west).
It's very ironic when you hear countries like America, Canada and Netherlands being hostile to Bitcoin when they likely stand the most to benefit from it (the Chinese buying Bitcoin back in November was in essence money going from rich Chinese to largely middle class Americans and west. Europeans).
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There ain't no Revolution like a NEMolution. The only solution is Bitcoin's dissolution! NEM!
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Watoshi-Dimobuto
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August 02, 2014, 06:30:17 AM |
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I doubt Israel government would adopt bitcoin. Bitcoin is out of their control, they may even ban bitcoin because it might be use to fund terrorism. Israel government don't understand bitcoin.
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DrG
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August 02, 2014, 09:10:17 AM |
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I could see Singapore adopting it with a lot of regulation long before Israel would even consider it. For Israel to adopt it the US would have to adopt it first  |
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Ludi
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August 02, 2014, 10:11:18 AM |
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Ha, you think the Jews are going to use a money they cant control? No government would ever do this because they lose power over it then and that's what's wrong with centralised fiat systems.
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Mr Crabs
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August 02, 2014, 10:11:55 AM |
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Hamas wont ever weaken or destabilise Isreal's economy. Isreal is rich whilst Palestine is poor.
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Sutters Mill
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August 02, 2014, 10:14:47 AM |
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If any country will ever fully adopt bitcoin it will probably be a very small country. I think a country would probably rather experiment with their own form of digital currency than bitcoin, but I'm not sure if bitcoin would be a safe experiment to use with current volataility.
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gondel
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August 02, 2014, 10:23:40 AM |
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Israel.
The current war between Hamas and Israel is aimed at weakening the Israeli economy. Hamas knows they aren't going to kill or scare people enough for it to significantly affect their lives. However, they also realize that Israel is spending a tremendous amount of money on Iron Dome and the rest of the army offensive. Hamas's plan is to weaken the Israeli economy, which will erode the value of the Shekel and will eventually lead to hyper-inflation. The war is going to expand to fighting in the north with Hezbullah within the next month or so, IMO.
Israel is a hotbed for technology, and I believe nationwide adoption will occur first in Israel, while the rest of the world will follow soon thereafter.
Thoughts?
If a particular country adopt a cryptocurrency as payment method and nothing else will be accepted this automaticly will make it centralized by the government ad the banks. I think the economy of one country can not survive with currency like Bitcoin now. May be this can happen in the far future, but for now BTC is only a tiny project and a huge casino . BR |
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1Referee
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August 02, 2014, 10:24:00 AM |
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No country will ever adopt bitcoin fully, there is no reason to.
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leezay
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SWISSREALCOIN - FIRST REAL ESTATE CRYPTO TOKEN
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August 02, 2014, 10:26:09 AM |
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No country will ever adopt bitcoin fully, there is no reason to.
Yes. I do not see why any population want to give up their own political power and use bitcoin. |
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Ludi
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August 02, 2014, 10:29:25 AM |
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No country will ever adopt bitcoin fully, there is no reason to.
There's plenty of reason to. Just look at the countries where their currency is collapsing right now and the governments are stealing their citizens wealth. |
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Sutters Mill
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August 02, 2014, 10:37:14 AM |
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No country will ever adopt bitcoin fully, there is no reason to.
Yes. I do not see why any population want to give up their own political power and use bitcoin. They might not have a choice. What if a country gets fed up of their corrupt government and corrupt money system and decides to not use fiat any more? Bitcoin could easily help bring about a revolution. |
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Beyonce
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Surfbort.
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August 02, 2014, 10:38:52 AM |
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No country will ever adopt bitcoin fully, there is no reason to.
Why do you say that? I think there are plenty of reasons why one could. |
Bow down, bitches.
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xingqiaoyin
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August 02, 2014, 12:31:54 PM |
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No country will ever adopt bitcoin fully, there is no reason to.
Going by that thought.. No country will ever adopt christianity there is no reason to.. Paganism is so cool, athena is sexy. No country will ever adopt democracy, there is no reason to.. Why give up being a king for life to be a president with only 4 years hot seat. |
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lyth0s
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World Class Cryptonaire
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August 02, 2014, 12:37:07 PM |
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My list, in no particular order.
1. Cyprus
2. Argentina
3. India
4. Portugal
5. Ireland
6. Greece
7. And with enough time, the USA (meaning it will be regarded as legal tender, able to pay taxes and and government fees in bitcoins)
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Dajve
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August 02, 2014, 12:47:30 PM |
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Maybe it'll be a new micronation and not an existing country.
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SOAD
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August 02, 2014, 12:48:55 PM |
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I'm not sure there will be a country to fully adopt it. I think it might become a big part of some or blossom in certain countries, but not full blown adoption. It just seems too unrealistical for that.
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Sutters Mill
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August 02, 2014, 12:51:38 PM |
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I also don't think an entire country will adopt it or certainly not any time soon. I think its use will grow a lot in certain underground scenes in some countries that are struggling, but also its use on the black market will grow.
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hualehua
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I am looking for a dev!
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August 02, 2014, 03:35:27 PM |
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I could see Singapore adopting it with a lot of regulation long before Israel would even consider it. For Israel to adopt it the US would have to adopt it first singapore |
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