We all know how powerful bitcoins are especially in financial terms. Having one makes you feel like a newly-crowned king ready for his throne and lux. Its value and essence is something that we cannot just ignore, resulting for some people relying on these 'God-given grace' instead of working hard and gaining the money that their own country uses. Some thought that it would be better off to have bitcoins and convert it into any kind of currency rather than to get a job and earn some thing. What do you think? Will bitcoin be able to eclipse the existence of national currencies in the near future?
I don't think that bitcoin will be a threat to national currency at the moment because authority just can't replace right away national currency to bitcoin it will undergo tons of processing and regulation.
Its because we used it as a investment, but in the future if we used it as a payment, im sure that bitcoin will be a great threat to national currency. But many more things will come in the coming years, so its possible that bitcoin will stay or will die. No one knows what will be going to happen on bitcoin, its just that we just need to wait for it to happen.