Post
Topic
Board Bitcoin Discussion
Re: if bitcoin becomes the country's currency
by
Pier7
on 17/05/2018, 10:34:26 UTC
The popularity of bitcoin has now grown so rapidly that almost everyone in different countries recognizes and utilizes bitcoin either as a business asset or as a means of payment transactions.
And as we know so far the bitcoin legality is still a consideration for governments in various countries.

Looking at that fact is it possible bitcoin will be the currency of a country?
And can bitcoin change the country's economy for the better?


Yes, i guess so, specially to the third world countries who are so poor, if bitcoin becomes the world currency then perhaps the exchange rate is equal. It would mean a great help to the poor countries because bitcoin could really help the economy and reduced the unemployment rate. Many people are earning more in bitcoin than in their regular job.