Post
Topic
Board Bitcoin Discussion
Re: What Will Happen if All Countries Recognize BTC as a Real Currency?
by
crismass1225
on 14/10/2017, 14:04:05 UTC
If bitcoin will recognize as a real currency in all countries bitcoin price will surely increase and the projected price which 10,000$ per BTC will surely surpass it, as the demand will increase. Many people will switch to Bitcoin and paper money will lose it value. Economy will stuck-up and turn it to new high in the cyber worlds. Tax will implement Per Bitcoin/per satoshi. Government will have a view of peoples account in the blockchain, anonymity will abolish, transaction fee will also increase and run time will make it slow as their will be million of transaction that will done in the block chain. Miners will get huge amount of profit as many are demanding about it.

PS, I know outline whats in my mind I just type what i am thinking if suddenly the time flip out that bitcoin will be legalize and be recognize by all countries, well correct me if i am wrong..

Thank you!