Quote from: money420weed on September 01, 2014, 03:10:13 PM

Quote from: Wooden Plate on August 31, 2014, 05:05:26 PM

Quote from: keithers on August 02, 2014, 09:01:20 AM

It's a nice thought, but economically speaking, even if massively adopted, BTC couldn't save a country from bankruptcy. A currency that they cannot control wouldn't become the primary currency of a failing economy

Exactly,a country's falling economy has certain conditions,say political instability or due to ongoing conflicts.Adoption of decentralized currency wouldn't do any good

Adopting a decentralized currency could calm some of the political instability. If the government cannot print money at will (and spend as much money via printing additional money) then there will be less reasons for corrupt politicians to try to come into political power in the first place.

Corrupt politicians will just spend the money there is. You cannot dissuade them.