I don't see why that would be. Paper notes have the advantage of portability over gold, but a fiat currency, even a digital one, would do nothing that bitcoin couldn't do.

Reply to this note

Please Login to reply.

Discussion

This is all dependent on bitcoin's ability to scale more than anything really and I think, personally, that's still a big if.

Agree with this. No reason to use a national currency over bitcoin/ lightning…

You'll be taxed in local currency. Most available credit will be available to you in local currency, and that will maintain significant markets for state currencies. Physical goods will be priced in national currencies, to allow for stable trade to persist through trade imbalances. For digitally native goods and services, bitcoin denominated pricing with be common, and usually the default.

I don’t think so. Taxes, I believe, are already payable in bitcoin in some places. Hopefully someone can verify. Goods are sold by people and people can decide what to price things in. As long as taxes and bills are payable in bitcoin it shouldn’t be an issue.

Lol stable trade? What’s more stable than everyone using bitcoin?

It’s not bitcoin that’s the problem, it’s a murderous evangelists who’ve been buying bitcoin to evade judgement.

Explains your if cases becoming famous causing such panic for the bitcoin evangelists blaming on closet criminality.

But quite clear where the shoe fits.

With that out of the way, coined wallet?! Why not?!

Of course they can. Digital fiat currency can be used as a tool for total control, as a means of restriction and keeping you in line like a horse with those eye things...

Lol. I meant things people actually want in their currency.

Ofc I understand, I meant that as a joke haha xD

I know.