Post
Topic
Board Bitcoin Discussion
Re: if bitcoin becomes the country's currency
by
basyang
on 19/05/2018, 13:49:28 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?

In my opinion about. Well honestly, Its too early to say that it will be the currency of a country because bitcoin is just getting started and as of now, its popularity gradually becoming acquainted and before it would be a currency in the country it will need to be stable in its price.

There will have a tons of studying before it will implemented and the goverment will consider all the possible outcome of it to the people especially to remote places that the internet signal is weak and poor people that can not afford to have an internet connection and a smart phone. There would many possible  hard time for the bitcoin user before the government will recognize and legalize it.