If all Eurozone nations collectively give up on the Euro, and it ceases to exist, after a period
where national currencies float against the Euro to determine breakup value, that would be a good thing.
Alternatively, we can say in a world
where national currencies and central bank currencies are no longer trustworthy because they've been created in vast sums and continue to be created to the tune of like $ 300 billion a month or more.
Others say they can be helpful methods of payment, such as in crisis situations
where national currencies have collapsed.
Others say they might be helpful methods of payment, such as in crisis situations
where national currencies have collapsed.
Except under conditions
where the national currency is radically devalued (for example in a financial crash and depression), it seems unlikely that such a currency could aspire to the kind of scale where it became a viable alternative.
Not exact matches
And that's
where the true potential of bitcoin resides: it empowers the user to be his own Bank regardless of
national and
currency boundaries.
We live in a society
where people find it absolutely difficult to transact over
national borders due to
currency barriers.
One may argue that Bitcoin as a store of value may even be better than some of the
national currencies, especially in countries
where the local economy is turbulent as is the case with certain Latin American countries
where $ 1 today may be worth just 50 cents the next day.
Which in some cases is privy to like - kind treatment
where capital gains tax events are no longer created upon liquidation into another like property until settled in a
national currency.
The Peoples Bank of China (PBoC) held its 2018
National Currency Gold and Silver Work Video and Telephone Conference on March 28th
where it was announced that...
A cryptocurrency exchange is an online location
where users can buy, sell or trade cryptocurrencies for other cryptocurrencies or
national currencies too.
No matter
where you are located, you will be able to sell your bitcoins online in exchange for other cryptocurrencies or
national currencies, provided you already have an existing account with an exchange.
Cointelegraph The growing population of Bitcoin enthusiasts has alerted the government and led to Virtual
Currency: Financial Innovation and
National Security Implications hearing
where -LSB-...]
The uptrend was probably caused by the situation in China,
where investors anticipate a further weakening of the
national currency.
This differs to what is obtainable in a decentralized crypto environment
where the market is not compartmentalized based on borders, time zones or
national currencies.