Re: What if all nations of the world started to use bitcoin

This will increase the price of coins, but you need to improve the system so that there are no failures due to a huge number of transactions.

I agree. And I think that the bitcoin blockchain system can never maintain a huge number of transaction daily if the whole world starts using Bitcoin. There will be another altcoin strong enough to sweep Bitcoin away

Those problems that we are experiencing will surely be fix when all the nations are already using and adopted bitcoin. And it's a thing that will make the price to pump, the demand will be higher and the supply will be lesser and I guess when it happens, satoshi's / bits will be more valuable by that time and has a very good value.

Well you're idea is acceptable and if nations will adopt bitcoin I think many hardworking people will have profitable income in the future.

Yes that will attract a lot of people because it's either they will be forced to use bitcoin since many are using it or it will be implemented by the government or it will be declared as a safe and recommended crypto currency. But if ever this will happen then there will be doors opening for other alt coins as well, it's possible.

Bicoin has its room of improvements and I expect for it to cope with the demand of its users worldwide and also if government would decide to legalize it in their respective country then I'm sure that they will help improve the system of bitcoin and also the advantages and benefits of bitcoin has its very sharp edge for other alt coins to touch it.