Post
Topic
Board Economics
Re: BTC as a national currency?
by
voztata
on 17/01/2018, 08:33:20 UTC
In my opinion, future BTC may be the national currency. Currently it is the world discussed section. It's fast moving forward .
First of all, what did you call it, National Currency right?  So my answer is a No, cause I don’t really think so. Bitcoin can’t be a national currency cause it is Decentralized. If it happens to be a currency, it will be used by a particular country and not every country. But it won’t be, it’s just an asset that’s meant for investment that’s all.

So as far as we know BTC currency is growing wide, do you think there will be when it become a national currency?If yes, why?If not, why?

national currency for one country Huh bitcoin is Global currency every one have internet access can download wallet and start using bitcoin.

it is impossible for all countries to  make 1 currency
It is impossible but some politicians all over the world are trying to do that, just look at the euro the currency for a full continent that is bound to fail, a closer political union made sense since the two world wars were devastating to the continent but then they tried to force economic union and as we have seen it is not going to work and this is going to dissolve the political union as well.

I do not believe that Bitcoin can become a national currency. I think that it status will remain at the same level as now.
You’re right man. It will remain the same as it is now. It won’t be a currency, but we can still be using it to carry out some transactions like we do now like paying for stuffs we need on stores like Amazon and using it as Savings.