Quote from: delliaerd on March 19, 2017, 12:09:04 AM

Quote from: PokerDiceMan on March 18, 2017, 10:32:45 PM

Quote from: Vivace92 on March 16, 2017, 09:09:17 AM

There has not been a country that officially approved the use of bitcoin, the main factor because they are still using fiat money for all transactions. Bitcoin will never replace a fiat money because bitcoin is decentralized and could not be in control.

i agree with you bitcoin can't replace fiat money
bitcoin until now still not ready regulated, have not physic, if can replace fiat money must have physic
but bitcoin this now is number one digital curency, the best payment curency and easy use

The other reason is due when Bitcoin replace the national currency of a country, Bitcoin could collapse the national currency. Just imagine if the national currency flock switch to using Bitcoin, Strength of own national currency will be loss all of that affected to a country.

This is quite unlikely to happen. Governments can regulate the value of a currency by reducing the amount of circulation in the case that the usage decreased and still maintain their acceptable but not ideal amount of inflation in some circumstances.