Post
Topic
Board Bitcoin Discussion
Merits 1 from 1 user
Re: How would an Economy based on BTC look like?
by
todiboa
on 05/11/2019, 14:02:00 UTC
⭐ Merited by xtraelv (1)
Just as the title states. How do you guys think  a country with its only economy being BTC look like? Would it look like how western countries are of today, some Cyberpunk future, or maybe just completely mess up? Honestly, I think it'd look something like the current state of western countries, as if the only currency allowed is BTC, then in theory it should always balance out and be flexible.

The country must be completely democratic because the economy on BTC implies complete decentralization. Have you ever seen completely honest people with power? I have not seen and it’s hard for me to imagine a country based on BTC