Post
Topic
Board Bitcoin Discussion
Re: Do you support the Use of Bitcoin as a National Currency?
by
Superways
on 20/03/2018, 21:59:22 UTC
While it is good news for Bitcoin users/hodlers that countries allow the use of Bitcoin as a means of transactions within their border, what will be your position if a country decides to take a step further by using Bitcoin as its national currency?
It will be just like the process of legalization of bitcoin and along with that the removal of their own fiat currency. I hope that this stage will also come in bitcoin but it will take some time. First of all the countries are in the process to legalize bitcoin for their state and after they find it to start working well for their nation they will then allow all the transactions only in bitcoin then that stage will be called as the nation has made it as their national currency and with that bitcoin will be a stable global currency at the peaks of their success.