Re: Why Bitcoin is ultimately doomed to fail (not today or tomorrow)
And still Bitcoin is never legal tender any where, so never a currency any where (unless possibly we have anonymity and don't pay the taxes).
If we repeat it 16 more times, you will still continue your nonsense posts.
If we repeat it 16 more times, you will still continue your nonsense posts.
If people keep using it as a currency then it will become a legal tender everywhere. If noone uses bitcoins to buy staff then no authority will declare bitcoins as real money...
Why would authorities want to drop their fiat currencies in favor of bitcoin? I don't say it is not possible at all, since there are countries like Ecuador (where the US dollar became legal tender in 2000) which don't have an independent money system, and they might actually opt for bitcoin. I'm just curious about the possible reasons behind such a move...